UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: HIGHBRIDGE CAPITAL MANAGEMENT LLC
Address: 767 Fifth Avenue
New York, NY 10153
13F File Number: 28-4134
The institutional investment manager filing this report and the
person by whom it is signed hereby represent thet the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: RONALD S. RESNICK
Title: Counsel
Phone: 212-287-4939
Signature, Place, and Date of Signing:
Ronald S. Resnick New York, New York May 17, 1999
Report Type (Check only one.):
[ X] 13F HOLDING REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number if other included managers: 0
Form 13F Information Table Entry Total: 181
Form 13F Information Value Total: $ 1560371
<PAGE>
<TABLE>
FORM 13F
INFORMATION TABLE
<CAPTION>
VALUE SHARES/ SH/
PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN
CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ --------------- --------- -------- -------- ---
- ---- ------- -------- -------- -------- --------
<C> <C> <C> <C> <C> <C>
<C> <C> <C> <C> <C> <C>
ABBOTT LABS CALL 0028249E2 1225 1000 SH
CALL DEFINED 0 1000 0
ADT OPERATIONS LYON ZERO CPN 10000945AC9 12050 6180 SH
DEFINED 0 6180 0
AERIAL COMMUNICATIONS INC COM 007655103 919 118600 SH
DEFINED 0 118600 0
AETNA INC COM 008117103 863 10400 SH
DEFINED 0 10400 0
AFFILIATED COMPUTER SERVICES SB NT CV 4%05008190AD2 7500 6000 SH
DEFINED 0 6000 0
AGNICO EAGLE MINES LTD SRNT CONV 3.5%04008474AA6 581 880 SH
DEFINED 0 880 0
AGRIBRANDS INTL INC COM 00849R105 26905 818400 SH
DEFINED 0 818400 0
AIRTOUCH COMMUNICATIONS INC COM 00949T100 24350 252000 SH
DEFINED 0 252000 0
ALBERTSONS INC CALL 0131049I7 315 400 SH
CALL DEFINED 0 400 0
ALKERMES INC PFD CV EX$3.25 01642T405 11483 216500 SH
DEFINED 0 216500 0
ALZA CORP DEL SUB DB CONV 5%06022615AD0 26538 22730 SH
DEFINED 0 22730 0
ALZA CORP DEL SUB LYON ZERO 14022615AC2 24696 46550 SH
DEFINED 0 46550 0
AMERICA ONLINE INC DEL SUB NT CONV 4%0202364JAB0 50373 4500 SH
DEFINED 0 4500 0
AMERICAN GEN DEL L L C MIPS SER A 02637G200 19092 213900 SH
DEFINED 0 213900 0
AMERICAN STORES CO NEW COM 030096101 60367 1829300 SH
DEFINED 0 1829300 0
AMP INC COM 031897101 100626 1874300 SH
DEFINED 0 1874300 0
ANTEC CORP SUB NT CV 4.5%0303664PAB1 5521 5000 SH
DEFINED 0 5000 0
ASCEND COMMUNICATIONS INC COM 043491109 16744 200000 SH
DEFINED 0 200000 0
AUTOMATIC COM EXCH SEC TR II TRACES RWIN 05300A202 3193 237400 SH
DEFINED 0 237400 0
AVADO FING I TERM CV A $3.5 05336Q205 1517 50000 SH
DEFINED 0 50000 0
AVISTA CORP COM 05379B107 2056 126500 SH
DEFINED 0 126500 0
BAKER HUGHES INC COM 057224107 365 15000 SH
DEFINED 0 15000 0
BJ SVCS CO WT EXP 041300 055482111 3953 204000 SH
DEFINED 0 204000 0
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 580 35700 SH
DEFINED 0 35700 0
BUILDING ONE SVCS CORP COM 120114103 765 44600 SH
DEFINED 0 44600 0
CAREMATRIX CORP SB NT CV 6.25%04141706AC5 1626 1900 SH
DEFINED 0 1900 0
CENTOCOR INC SB DB CV 4.75%05152342AE1 9939 10230 SH
DEFINED 0 10230 0
CENTRAL EUROPEAN MEDIA ENTRPRS CL A G20045103 305 24000 SH
DEFINED 0 24000 0
CHANCELLOR MEDIA CORP PFD CONV 7% 158915306 2723 20500 SH
DEFINED 0 20500 0
CHANCELLOR MEDIA CORP PFD CONV EX $3 158915405 25611 269800 SH
DEFINED 0 269800 0
CHECKPOINT SYS INC SB DB CV 5.25%05162825AB9 7869 11080 SH
DEFINED 0 11080 0
CHICAGO BRIDGE & IRON CO N V COM N19808109 417 35100 SH
DEFINED 0 35100 0
CHIQUITA BRANDS INTL INC PFD A NON VTG 170032403 1963 56400 SH
DEFINED 0 56400 0
CIRRUS LOGIC CORP SB NT CV 6%03172755AC4 1482 2140 SH
DEFINED 0 2140 0
CITIGROUP INC CALL 1729679F0 1706 500 SH
CALL DEFINED 0 500 0
CITIZENS UTILS TR PFD EPPICS CV 177351202 2660 66500 SH
DEFINED 0 66500 0
CKE RESTAURANTS INC SB NT CV 4.25%0412561EAB1 4660 6060 SH
DEFINED 0 6060 0
CNET INC SB NT CV 144A 06125945AA3 5194 3750 SH
DEFINED 0 3750 0
COMVERSE TECHNOLOGY INC SUB DB CV 4.5%05205862AG0 1457 1000 SH
DEFINED 0 1000 0
CONAGRA INC CALL 2058879F1 141 750 SH
CALL DEFINED 0 750 0
CONSECO INC COM 208464107 420 13600 SH
DEFINED 0 13600 0
CONTINENTAL AIRLS INC SB NT CV 6.75%06210795AS9 8555 6744 SH
DEFINED 0 6744 0
COSTCO COMPANIES INC SB NT CV ZERO 1722160QAC6 9369 8785 SH
DEFINED 0 8785 0
CRESCENT REAL ESTATE EQUITIES PFD CV A 6.75% 225756204 2951 185600 SH
DEFINED 0 185600 0
DAN RIV INC GA CL A 235774106 1433 168618 SH
DEFINED 0 168618 0
DATA GEN CORP SUB NT CONV 6%04237688AG1 2369 3000 SH
DEFINED 0 3000 0
DURA PHARMACEUTICALS INC SUB NT CV 3.5%0226632SAA7 296 400 SH
DEFINED 0 400 0
EAGLE HARDWARE & GARDEN INC COM 26959B101 22216 581277 SH
DEFINED 0 581277 0
ECHOSTAR COMMUNICATIONS NEW PFD CV SER C 278762307 20248 119500 SH
DEFINED 0 119500 0
EL PASO ENERGY CAP TR I PFD CV TR SECS 283678209 6541 137700 SH
DEFINED 0 137700 0
ELDERTRUST COM SH BEN INT 284560109 302 33550 SH
DEFINED 0 33550 0
EMCOR GROUP INC SB NT CV 5.75%0529084QAC4 1413 1600 SH
DEFINED 0 1600 0
EQUITY OFFICE PROPERTIES TRUST PFD CV B 5.25% 294741509 4049 100000 SH
DEFINED 0 100000 0
ESSEX INTL INC DEL COM 297025108 6615 278524 SH
DEFINED 0 278524 0
EXCITE INC COM 300904109 89392 638800 SH
DEFINED 0 638800 0
FEDERATED DEPT STORES INC DEL WT C EX 121999 31410H119 3086 200700 SH
DEFINED 0 200700 0
FEDERATED DEPT STORES INC DEL WT D EX 121901 31410H127 1874 120900 SH
DEFINED 0 120900 0
FINOVA FIN TR TOPRS CV 9.16% 31808E207 1779 25000 SH
DEFINED 0 25000 0
FIRST WASH RLTY TR INC PFD A CV 9.75% 337489603 1572 56300 SH
DEFINED 0 56300 0
FUISZ TECHNOLOGIES LTD SB DB CV 7%04359536AB5 698 1000 SH
DEFINED 0 1000 0
GEOCITIES COM 37247V106 35214 321500 SH
DEFINED 0 321500 0
GRAND UN CO COM 386532402 232 20400 SH
DEFINED 0 20400 0
GREY WOLF INC COM 397888108 72 50000 SH
DEFINED 0 50000 0
HEALTHCARE RLTY TR SB DB CV 6.55%02421946AA2 312 320 SH
DEFINED 0 320 0
HEALTHSOUTH CORP SB DB CV 3.25%03421924AF8 6258 7690 SH
DEFINED 0 7690 0
HEWLETT PACKARD CO SB LYON ZERO 17428236AC7 4745 8500 SH
DEFINED 0 8500 0
HIGHWOODS PPTYS INC COM 431284108 548 23250 SH
DEFINED 0 23250 0
HILTON HOTELS CORP SUB NT CONV 5%06432848AL3 5647 6001 SH
DEFINED 0 6001 0
HOMEBASE INC SB NT CV 5.25%0443738EAB4 5837 8275 SH
DEFINED 0 8275 0
HRPT PPTYS TR SB DBCV-A 7.5%0340426WAB7 1879 2000 SH
DEFINED 0 2000 0
HUTCHINSON TECHNOLOGY INC SB NT CV 6%05448407AC0 5454 5000 SH
DEFINED 0 5000 0
IMC GLOBAL INC WT EXP 122200 449669118 159 363900 SH
DEFINED 0 363900 0
IMPERIAL CREDIT COMM MRTG INVS COM 45272T102 525 54200 SH
DEFINED 0 54200 0
INFOUSA INC NEW CL B 456818103 366 79700 SH
DEFINED 0 79700 0
INTERIM SVCS INC SUB NT CV 4.5%0545868PAA8 5120 6615 SH
DEFINED 0 6615 0
IOMEGA CORP SB NT CV 6.75%01462030AA5 596 525 SH
DEFINED 0 525 0
IXC COMMUNICATIONS INC CALL 4507139H7 120 200 SH
CALL DEFINED 0 200 0
JACOR COMMUNUNICATIONS INC LYON ZERO CPN 11469858AA2 25741 25000 SH
DEFINED 0 25000 0
JACOR COMMUNUNICATIONS INC SR LYON ZERO 18469858AB0 19581 37295 SH
DEFINED 0 37295 0
JACOR COMMUNUNICATIONS INC WT EXP 091801 469858138 16738 1623200 SH
DEFINED 0 1623200 0
KMART FING I PFD TRCV 7.75% 498778208 14895 247700 SH
DEFINED 0 247700 0
LADISH INC COM NEW 505754200 812 114000 SH
DEFINED 0 114000 0
LAKES GAMING INC COM 51206P109 163 20000 SH
DEFINED 0 20000 0
LEASING SOLUTIONS INC SUBNTCV 6.875%03522113AA7 263 2029 SH
DEFINED 0 2029 0
LENNAR CORP SR DB CV ZRO 18526057AA2 7571 17315 SH
DEFINED 0 17315 0
LESLIE FAY INC NEW COM 527016109 245 54500 SH
DEFINED 0 54500 0
LEVEL ONE COMMUNICATIONS INC COM 527295109 18003 370000 SH
DEFINED 0 370000 0
LIGAND PHARMACEUTICALS INC WT B EX 060300 53220K116 95 30000 SH
DEFINED 0 30000 0
LIMITED INC COM 532716107 35464 895000 SH
DEFINED 0 895000 0
LINCOLN NATL CORP IND CALL 5341879G6 1068 700 SH
CALL DEFINED 0 700 0
LNR PPTY CORP COM 501940100 17960 909380 SH
DEFINED 0 909380 0
LOCAL FINL CORP COM 539553107 978 105000 SH
DEFINED 0 105000 0
LOEHMANNS INC NEW COM 540417102 278 219300 SH
DEFINED 0 219300 0
LONE STAR INDS INC WT EXP 123100 542290119 2201 50600 SH
DEFINED 0 50600 0
LORAL SPACE & COMMUNICATIONS PFD CONV C 6% G56462149 4447 100220 SH
DEFINED 0 100220 0
MAIL-WELL INC SUB NT CONV 5%02560321AD3 2975 3117 SH
DEFINED 0 3117 0
MARVEL ENTERPRISES INC COM 57383M108 328 50000 SH
DEFINED 0 50000 0
MASCOTECH INC SBDB CONV 4.5%03574670AB1 6202 8000 SH
DEFINED 0 8000 0
MCMORAN EXPLORATION CO COM 582411104 397 25000 SH
DEFINED 0 25000 0
MEDIAONE GROUP INC PFD CV SER D 58440J203 2986 23500 SH
DEFINED 0 23500 0
MEDIMMUNE INC SUB NT CONV 7%03584699AC6 30108 5000 SH
DEFINED 0 5000 0
METAMOR WORLDWIDE INC SB NT CV 2.94%0459133PAA8 5204 8000 SH
DEFINED 0 8000 0
METRICOM INC SB NT CONV 8%03591596AC5 628 1000 SH
DEFINED 0 1000 0
METROMEDIA INTL GROUP INC PFD CONV % 591695200 2133 83100 SH
DEFINED 0 83100 0
MEYER FRED INC DEL NEW COM 592907109 78310 1330100 SH
DEFINED 0 1330100 0
MICRON TECHNOLOGY INC SUB NT CONV 7%04595112AB9 12629 11897 SH
DEFINED 0 11897 0
MICROSOFT CORP COM 594918104 3225 36000 SH
DEFINED 0 36000 0
MICROSOFT CORP PUT 5949189Q9 54 200 SH
PUT DEFINED 0 200 0
NATIONAL AUSTRALIA BK LTD CAP UTS EXCHBL 632525309 2975 95000 SH
DEFINED 0 95000 0
NATIONAL SEMICONDUCTOR CORP SB NT CV 6.5%02637640AB9 1680 2000 SH
DEFINED 0 2000 0
NETWORKS ASSOCS INC SB DB CV ZERO 18640938AB2 4719 13000 SH
DEFINED 0 13000 0
NEXSTAR PHARMACEUTICALS INC SB DB CV 6.25%0465333BAC0 4715 4100 SH
DEFINED 0 4100 0
NORDIC AMERICAN TANKER SHIPPNG COM G65773106 161 14000 SH
DEFINED 0 14000 0
NORTH AMERN VACCINE INC SUB NT CV 6.5%03657201AC3 892 2100 SH
DEFINED 0 2100 0
OAK INDS INC SB NT CV4.875%08671400AL3 5090 5000 SH
DEFINED 0 5000 0
OCWEN ASSET INVESTMENT COM 67574M106 209 56600 SH
DEFINED 0 56600 0
OFFICE DEPOT INC LYON SUB ZERO 07676220AA4 15802 14632 SH
DEFINED 0 14632 0
OMNICARE INC SUB DEB CV 5%07681904AD0 8112 10000 SH
DEFINED 0 10000 0
OMNICOM GROUP INC SB DB CV 4.25%07681919AE6 43881 17059 SH
DEFINED 0 17059 0
ON COMMAND CORP WT B EX 100703 682160122 385 128291 SH
DEFINED 0 128291 0
PANACO INC COM 698106101 124 130000 SH
DEFINED 0 130000 0
PATINA OIL & GAS CORP COM 703224105 160 40000 SH
DEFINED 0 40000 0
PATINA OIL & GAS CORP WT EXP 050201 703224113 43 138400 SH
DEFINED 0 138400 0
PATRIOT AMERN HOSPITALITY DEL PAIRED CTF 703352203 306 59700 SH
DEFINED 0 59700 0
PEP BOYS MANNY MOE & JACK SUB LYON ZERO 11713278AJ8 2060 4000 SH
DEFINED 0 4000 0
PERSONNEL GROUP AMER INC SB NT CV 5.75%04715338AE9 3389 4500 SH
DEFINED 0 4500 0
PETSMART INC SB NT CV 6.75%04716768AB2 3890 3500 SH
DEFINED 0 3500 0
PHILIPPINE LONG DISTANCE TEL SPN GLB DEP SH 718252703 2364 50000 SH
DEFINED 0 50000 0
PLACER DOME INC COM 725906101 406 36300 SH
DEFINED 0 36300 0
PLATINUM TECHNOLOGY INTL INC SB NT CV 6.25%0272764TAD3 2375 2500 SH
DEFINED 0 2500 0
PLATINUM TECHNOLOGY INTL INC SB NT CV 6.75%0172764TAA9 5917 3185 SH
DEFINED 0 3185 0
PLAYERS INTL INC COM 727903106 1052 170000 SH
DEFINED 0 170000 0
QUEST DIAGNOSTICS INC COM 74834L100 612 27500 SH
DEFINED 0 27500 0
RECKSON ASSOCS RLTY CORP PFD CV SER A% 75621K205 2799 139000 SH
DEFINED 0 139000 0
RICHFOOD HLDGS INC WT EXP 000003 763408119 482 89700 SH
DEFINED 0 89700 0
ROYAL CARIBBEAN CRUISES LTD PFD CONV A V7780T111 3445 28200 SH
DEFINED 0 28200 0
SBS BROADCASTING SA SB DB CV 7.25%05805906AA2 4028 3490 SH
DEFINED 0 3490 0
SCI SYS INC SBNTCV 144A 5%06783890AD8 20744 16900 SH
DEFINED 0 16900 0
SEACOR SMIT INC SUBNTCV 5.375%06811904AE1 13141 13000 SH
DEFINED 0 13000 0
SEALED AIR CORP NEW PFD CV A $2 81211K209 29048 588600 SH
DEFINED 0 588600 0
SEPRACOR INC SB DB CV 6.25%05817315AE4 3109 1265 SH
DEFINED 0 1265 0
SIZZLER INTL INC COM 830139101 525 280000 SH
DEFINED 0 280000 0
SNYDER OIL CORP COM 833482102 348 26000 SH
DEFINED 0 26000 0
SPEEDWAY MOTORSPORTS INC SB DB CV 5.75%03847788AC0 10140 7000 SH
DEFINED 0 7000 0
ST PAUL CAP L L C PFD MIPS 6% 792856205 5958 100000 SH
DEFINED 0 100000 0
STATION CASINOS INC PFD CONV 857689202 2031 43100 SH
DEFINED 0 43100 0
SUN MICROSYSTEMS INC CALL 8668109D8 2123 300 SH
CALL DEFINED 0 300 0
SUNDSTRAND CORP COM 867323107 58304 838900 SH
DEFINED 0 838900 0
SUNSHINE MNG & REFINING CO COM 867833105 25 50000 SH
DEFINED 0 50000 0
TEMPLETON DRAGON FD INC COM 88018T101 527 68500 SH
DEFINED 0 68500 0
TESORO PETE CORP PIES CV 1/100S 881609408 6124 513008 SH
DEFINED 0 513008 0
TEXTRON INC CALL 8832039F0 285 200 SH
CALL DEFINED 0 200 0
THERMO ELECTRON CORP SUBDB CV 144A 03883556AF9 893 1000 SH
DEFINED 0 1000 0
THERMO FIBERGEN INC COM 88355U109 674 72900 SH
DEFINED 0 72900 0
THERMO FIBERGEN INC RT 88355U117 364 132200 SH
DEFINED 0 132200 0
TOTAL RENAL CARE HLDGS INC COM 89151A107 275 25000 SH
DEFINED 0 25000 0
TOWER AUTOMOTIVE INC SB NT CV 5%04891707AE1 8009 8500 SH
DEFINED 0 8500 0
TRANS WORLD ENTMT CORP COM 89336Q100 463 41300 SH
DEFINED 0 41300 0
TRANSAMERICA CORP COM 893485102 80976 1140500 SH
DEFINED 0 1140500 0
TRIARC COS INC SB DB CV ZRO 18895927AB7 603 2790 SH
DEFINED 0 2790 0
UNION CAMP CORP COM 905530101 71139 1059800 SH
DEFINED 0 1059800 0
UNION PAC RES GROUP INC COM 907834105 461 38850 SH
DEFINED 0 38850 0
UNIQUE CASUAL RESTAURANTS INC COM 90915K100 1302 258700 SH
DEFINED 0 258700 0
UNISYS CORP PFD A CV $3.75 909214207 18400 355919 SH
DEFINED 0 355919 0
UNIT CORP COM 909218109 948 185000 SH
DEFINED 0 185000 0
UNITED INTL HLDGS INC CL A 910734102 686 15817 SH
DEFINED 0 15817 0
UNITED STATES CELLULAR CORP LYON ZERO 15911684AA6 1486 3250 SH
DEFINED 0 3250 0
UTI ENERGY CORP COM 903387108 159 15000 SH
DEFINED 0 15000 0
VANTIVE CORP SB NT CV 4.75%02922091AC7 2290 3015 SH
DEFINED 0 3015 0
VIACOM INC WT EXP 070799 925524134 702 44200 SH
DEFINED 0 44200 0
VISKASE COMPANIES INC COM 92831R102 636 185000 SH
DEFINED 0 185000 0
VLSI TECHNOLOGY INC COM 918270109 14779 759100 SH
DEFINED 0 759100 0
VORNADO RLTY TR PFD CONV SER A 929042208 3729 75325 SH
DEFINED 0 75325 0
WANG LABS INC NEW PFD 1/20B 6.5% 93369N604 8916 197582 SH
DEFINED 0 197582 0
WANG LABS INC NEW WT EXP 070201 93369N117 359 70962 SH
DEFINED 0 70962 0
WARNER LAMBERT CO CALL 9344889G4 488 500 SH
CALL DEFINED 0 500 0
WESTERN DIGITAL CORP SB DB CV ZERO 18958102AH8 1071 5000 SH
DEFINED 0 5000 0
WHX CORP PFD CV SER A 929248201 359 10800 SH
DEFINED 0 10800 0
WIND RIVER SYSTEMS INC SUB NT CONV 5%02973149AC1 3551 4000 SH
DEFINED 0 4000 0
WMX TECHNOLOGIES INC SUB NTS CV 2%0592929QAF4 14509 15110 SH
DEFINED 0 15110 0
XYLAN CORP COM 984151100 7369 200000 SH
DEFINED 0 200000 0
</TABLE>
