<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or quarter Ended: June 30, 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: Tudor Investment Corporation
Address: One Liberty Plaza, 51st Floor
New York, NY 10006
Form 13F File Number: 28-7762
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that 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: Mark Pickard
Title: Managing Director
Phone: (212) 602-6700
Signature, Place, and Date of Signing:
/s/ Mark Pickard New York, NY 10006 August 13, 1999
------------------------ -------------------- ---------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13 NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers 0
Form 13F Information Table Entry Total: 468
Form 13F Information Table Value Total: $2,109,811
(thousands)
List of Other Included Managers:
None.
<PAGE>
<TABLE>
<CAPTION>
TUDOR INVESTMENT CORPORATION
QUARTERLY REPORT DETAILING 13F ELIGIBLE SECURITIES
AS OF JUNE 30, 1999
Cusip Fair Market Shares or
Name of Issuer Title of Class Number Value (x1000) Prin. Amt.
- -----------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
24/7 MEDIA INC COM STK COMMON STOCK 901314104 2,695 70,000 SH
ABOUT.COM INC COM STK COMMON STOCK 003736105 5,155 99,400 SH
ACT NETWORKS INC COM COMMON STOCK 000975102 1,365 80,000 SH
ACTRADE INTL LTD COM COMMON STOCK 004931101 1,326 103,500 SH
ACTV INC COM COMMON STOCK 00088E104 23,406 1,687,000 SH
ACXIOM CORP USD.10 COM (OTC) COMMON STOCK 005125109 1,451 58,200 SH
ADVANCED AERODYNAMICS & STR-A COMMON STOCK 00750B107 681 220,220 SH
ADVANCED HLTH CORP COM ** SEE COMMON STOCK 00756H108 2,304 614,800 SH
ADVANCED RADIO TELECOM CORP COMMON STOCK 00754U101 9,150 636,500 SH
ADVANTA CORP USD.01 CL-B NONVT COMMON STOCK 007942204 1,749 129,000 SH
AGRIBANDS INTL COM COMMON STOCK 00849R105 8,941 226,000 SH
ALLIANT TECHSYSTEMS INC COM COMMON STOCK 018804104 1,297 15,000 SH
ALPHA INDS INC COM COMMON STOCK 020753109 2,381 50,000 SH
AMERITRADE HOLDINGS CORP-CL A COMMON STOCK 03072H109 5,470 51,600 SH
ANACOMP INC NEW COMMON STOCK 032371106 5,415 318,600 SH
ANALOG DEVICES INC COM COMMON STOCK 032654105 9,144 182,200 SH
ANDREW CORP COM COMMON STOCK 034425108 3,183 168,100 SH
ARACRUZ CELULOSE SA SPONS ADR ADRS STOCKS 038496204 2,675 121,600 SH
ARCH COMMUNICATIONS GROUP INCE COMMON STOCK 039381108 11,880 1,397,695 SH
ARTISOFT INC COM COMMON STOCK 04314L106 1,632 322,600 SH
ASIA PACIFIC RES INTL HLDG LTD COMMON STOCK G05345106 474 400,000 SH
ASIA PULP & PAPER LTD SPONS AD ADRS STOCKS 04516V100 1,443 150,000 SH
AT&T CORP LIBERTY MEDIA GROUP COMMON STOCK 001957208 52,916 1,439,908 SH
AUDIOHIGHWAY.COM COMMON STOCK COMMON STOCK 050740109 475 36,200 SH
BALLARD MED PRODS COM COMMON STOCK 058566100 5,374 230,500 SH
BARRICK GOLD CORP COM COMMON STOCK 067901108 2,056 106,102 SH
BEA SYSTEMS INC COM COMMON STOCK 073325102 24,497 857,700 SH
BEYOND COM CORP COMMON STOCK 08860E101 717 25,000 SH
BIG FLOWER HOLDINGS INC COMMON STOCK 089159107 17,718 555,900 SH
BIOMATRIX INCORPORATED COMMON STOCK 09060P102 3,172 147,100 SH
BLANCH E W HLDGS INC COM COMMON STOCK 093210102 7,895 115,800 SH
BOEING CO USD5 COM COMMON STOCK 097023105 4,400 100,000 SH
BOOKS-A-MILLION INC COM COMMON STOCK 098570104 715 95,000 SH
BOSTON COMMUNICATIONS GROUP COMMON STOCK 100582105 18,733 1,394,200 SH
BRIO TECHNOLOGY INC COMMON STOCK 109704106 4,482 224,091 SH
BROADCAST.COM INC COM COMMON STOCK 111310108 24,442 183,000 SH
CAMBRIDGE TECHNOLOGY PARTNERS COMMON STOCK 132524109 2,195 125,000 SH
CAREERBUILDER INC COMMON STOCK 141684100 863 150,000 SH
CAREINSITE INC USD COM COMMON STOCK 14170M106 8,268 175,000 SH
CARLISLE HOLDINGS LTD COMMON STOCK P21277101 3,233 223,000 SH
CARRIER ACCESS CORP COMSTK USD COMMON STOCK 144460102 16,986 387,700 SH
CASH AMER INVTS INC COM COMMON STOCK 14754D100 1,631 126,700 SH
CBS CORPORATION COM COMMON STOCK 12490K107 18,688 429,000 SH
CBT GROUP PUB LTD SPONS ADR NE ADRS STOCKS 124853300 2,827 171,400 SH
CD RADIO INC COM COMMON STOCK 125127100 2,778 91,200 SH
CENTRAL EUROPEAN MEDIA ENTERPR COMMON STOCK G20045103 130 20,000 SH
CHANCELLOR MEDIA CORP COM COMMON STOCK 158915108 7,606 138,000 SH
CHINA YUCHAI INTL LT D USD.10 COMMON STOCK G21082105 65 50,000 SH
CHROMATICS COLOR SCIENCES INTL COMMON STOCK 171116304 413 50,000 SH
CITY NATL CORP COM COMMON STOCK 178566105 3,743 100,000 SH
CLOSURE MEDICAL CORP COMMON STOCK 189093107 432 14,400 SH
COINMACH LAUNDRY CORP COM COMMON STOCK 19259L101 508 40,000 SH
COLTEC INDS INC COM COMMON STOCK 196879100 6,880 317,300 SH
COMPUTER LEARNING CTRS INC COM COMMON STOCK 205199102 1,807 366,000 SH
CONCENTRA MANAGED CARE INC COMMON STOCK 20589T103 740 50,000 SH
COLUMN SUB-TOTAL 350,602
Investment Discretion Investment Discretion
-------------------------- --------------------------------
Shared- Shared
as defined Other Managers Sole Shared None
- --------------------------------------------------------- -------- --------------------------------
<S> <C> <C> <C> <C> <C>
24/7 MEDIA INC COM STK 65,000 5,000 65,000 0 5,000
ABOUT.COM INC COM STK 93,100 6,300 93,100 0 6,300
ACT NETWORKS INC COM 75,200 4,800 75,200 0 4,800
ACTRADE INTL LTD COM 96,600 6,900 96,600 0 6,900
ACTV INC COM 1,580,900 106,100 1,580,900 0 106,100
ACXIOM CORP USD.10 COM (OTC) 54,600 3,600 54,600 0 3,600
ADVANCED AERODYNAMICS & STR-A 206,570 13,650 206,570 0 13,650
ADVANCED HLTH CORP COM ** SEE 574,900 39,900 574,900 0 39,900
ADVANCED RADIO TELECOM CORP 597,100 39,400 597,100 0 39,400
ADVANTA CORP USD.01 CL-B NONVT 83,700 45,300 83,700 0 45,300
AGRIBANDS INTL COM 211,200 14,800 211,200 0 14,800
ALLIANT TECHSYSTEMS INC COM 15,000 -- 15,000 0 --
ALPHA INDS INC COM 47,000 3,000 47,000 0 3,000
AMERITRADE HOLDINGS CORP-CL A 47,200 4,400 47,200 0 4,400
ANACOMP INC NEW 297,500 21,100 297,500 0 21,100
ANALOG DEVICES INC COM 171,300 10,900 171,300 0 10,900
ANDREW CORP COM 157,800 10,300 157,800 0 10,300
ARACRUZ CELULOSE SA SPONS ADR 82,120 39,480 82,120 0 39,480
ARCH COMMUNICATIONS GROUP INCE 1,313,629 84,066 1,313,629 0 84,066
ARTISOFT INC COM 300,000 22,600 300,000 0 22,600
ASIA PACIFIC RES INTL HLDG LTD 268,000 132,000 268,000 0 132,000
ASIA PULP & PAPER LTD SPONS AD 100,500 49,500 100,500 0 49,500
AT&T CORP LIBERTY MEDIA GROUP 1,348,198 91,710 1,348,198 0 91,710
AUDIOHIGHWAY.COM COMMON STOCK 34,000 2,200 34,000 0 2,200
BALLARD MED PRODS COM 115,250 115,250 115,250 0 115,250
BARRICK GOLD CORP COM 67,000 39,102 67,000 0 39,102
BEA SYSTEMS INC COM 804,600 53,100 804,600 0 53,100
BEYOND COM CORP 23,200 1,800 23,200 0 1,800
BIG FLOWER HOLDINGS INC 521,300 34,600 521,300 0 34,600
BIOMATRIX INCORPORATED 138,100 9,000 138,100 0 9,000
BLANCH E W HLDGS INC COM 108,800 7,000 108,800 0 7,000
BOEING CO USD5 COM 94,000 6,000 94,000 0 6,000
BOOKS-A-MILLION INC COM 88,300 6,700 88,300 0 6,700
BOSTON COMMUNICATIONS GROUP 1,307,000 87,200 1,307,000 0 87,200
BRIO TECHNOLOGY INC 192,329 31,762 192,329 0 31,762
BROADCAST.COM INC COM 170,000 13,000 170,000 0 13,000
CAMBRIDGE TECHNOLOGY PARTNERS 117,400 7,600 117,400 0 7,600
CAREERBUILDER INC 138,500 11,500 138,500 0 11,500
CAREINSITE INC USD COM 167,500 7,500 167,500 0 7,500
CARLISLE HOLDINGS LTD 209,600 13,400 209,600 0 13,400
CARRIER ACCESS CORP COMSTK USD 363,900 23,800 363,900 0 23,800
CASH AMER INVTS INC COM 117,700 9,000 117,700 0 9,000
CBS CORPORATION COM 402,600 26,400 402,600 0 26,400
CBT GROUP PUB LTD SPONS ADR NE 160,500 10,900 160,500 0 10,900
CD RADIO INC COM 59,800 31,400 59,800 0 31,400
CENTRAL EUROPEAN MEDIA ENTERPR 10,000 10,000 10,000 0 10,000
CHANCELLOR MEDIA CORP COM 129,300 8,700 129,300 0 8,700
CHINA YUCHAI INTL LT D USD.10 50,000 -- 50,000 0 --
CHROMATICS COLOR SCIENCES INTL 47,000 3,000 47,000 0 3,000
CITY NATL CORP COM 94,000 6,000 94,000 0 6,000
CLOSURE MEDICAL CORP 14,400 14,400 0 --
COINMACH LAUNDRY CORP COM 37,100 2,900 37,100 0 2,900
COLTEC INDS INC COM 158,650 158,650 158,650 0 158,650
COMPUTER LEARNING CTRS INC COM 339,400 26,600 339,400 0 26,600
CONCENTRA MANAGED CARE INC 25,000 25,000 25,000 0 25,000
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
TUDOR INVESTMENT CORPORATION
QUARTERLY REPORT DETAILING 13F ELIGIBLE SECURITIES
AS OF JUNE 30, 1999
Cusip Fair Market Shares or
Name of Issuer Title of Class Number Value (x1000) Prin. Amt.
- -----------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CONEXANT SYSTEMS INC COM STK COMMON STOCK 207142100 55,013 947,500 SH
CORECOMM LIMITED COM STK COMMON STOCK G2422R109 16,057 332,800 SH
COREL SYSTEMS CORP CAD COM COMMON STOCK 21868Q109 774 200,000 SH
CORNING INC COM COMMON STOCK 219350105 63,154 900,600 SH
CORPORATE EXPRESS INC COM COMMON STOCK 219888104 17,384 2,483,600 SH
COYOTE NETWORK SYSTEMS INC COM COMMON STOCK 22406P108 244 45,180 SH
CRESTLINE CAPITAL CORP COM COMMON STOCK 226153104 6,186 368,000 SH
CYBERIAN OUTPOST INC COMMON STOCK 231914102 929 93,500 SH
DAOU SYSTEMS INC COM COMMON STOCK 237015102 115 20,000 SH
DAVID'S BRIDAL INC COM STK COMMON STOCK 238576102 545 35,000 SH
DELTA & PINE LAND CO LTD COM COMMON STOCK 247357106 1,574 50,000 SH
DOCUMENTUM INC COM COMMON STOCK 256159104 12,488 956,100 SH
DOUBLECLICK INC COM COMMON STOCK 258609304 12,386 135,000 SH
DSP COMMUNICATIONS INC COMMON STOCK 23332K106 12,938 448,100 SH
EARTHWEB INC. COM STK COMMON STOCK 27032C108 1,069 28,700 SH
EAST WEST BANCORP INC COMMON STOCK 27579R104 4,276 425,000 SH
EBAY INC COM STK COMMON STOCK 278642103 53,057 350,500 SH
EFAX COM INC COMMON STOCK 282012103 297 25,000 SH
EGGHEAD INC COM COMMON STOCK 282330109 1,566 140,000 SH
ELITE INFORMATION GROUP INC COMMON STOCK 28659M106 3,100 576,800 SH
ENAMELON INC COM COMMON STOCK 292499100 325 259,970 SH
ENERSIS S A ADR ADRS STOCKS 29274F104 458 20,000 SH
ENTREMED INC COMMON STOCK 29382F103 1,868 83,000 SH
ETHYL CORP COM COMMON STOCK 297659104 300 50,000 SH
EVEREST REINS HLDGS INC COMMON STOCK 299808105 9,904 303,600 SH
EXTREME NETWORKS INC USD COM COMMON STOCK 30226D106 11,611 200,000 SH
EXXON CORP COM COMMON STOCK 302290101 2,568 33,300 SH
EDERAL MOGUL CORP COM COMMON STOCK 313549107 9,749 187,500 SH
FILENET CORP COM COMMON STOCK 316869106 7,235 632,700 SH
FLEET FINANCIAL GROUP INC USD COMMON STOCK 338915101 886 20,000 SH
GARDENBURGER INC COMMON STOCK 365476100 327 37,100 SH
GENERAL MOTORS CLASS H COM COMMON STOCK 370442832 37,965 674,200 SH
GENESIS DIRECT INC COMMON STOCK 371935107 281 150,000 SH
GENESIS MICROCHIP INC COMMON STOCK 371933102 6,320 267,500 SH
GOOD GUYS INC USD.01 COM COMMON STOCK 382091106 734 98,000 SH
GRAND UNION CO COM STK COMMON STOCK 386532402 19,739 1,825,647 SH
GRUPO TELEVISA SA DE CV USD G ADRS STOCKS 40049J206 3,270 73,000 SH
GULF INDONESIA RESOURCES LTD COMMON STOCK 402284103 1,437 125,000 SH
HANNAFORD BROS CO COM COMMON STOCK 410550107 14,460 270,300 SH
HANOVER COMPRESSOR CO COM COMMON STOCK 410768105 257 8,000 SH
HANOVER DIRECT INC COM COMMON STOCK 410783104 1,005 350,100 SH
HEALTHCARE FINANCIAL PARTNERS COMMON STOCK 42219W108 5,000 146,000 SH
HEALTHSOUTH CORP COM COMMON STOCK 421924101 39,715 2,670,000 SH
HELLENIC TELECOM ORG SPONS ADR ADRS STOCKS 423325307 552 50,000 SH
HEXCEL CORP COM NEW COMMON STOCK 428291108 2,115 209,000 SH
HIGHLANDS INS GROUP INC COM COMMON STOCK 431032101 4,151 395,400 SH
HYPERION SOLUTIONS CORP COMMON STOCK 44914M104 26,202 1,471,000 SH
IMMUNEX CORP COMMON STOCK 452528102 8,921 70,000 SH
INET TECHNOLOGIES INC USD COM COMMON STOCK 45662V105 3,240 135,000 SH
INFORMATION RES INC COM COMMON STOCK 456905108 2,478 283,300 SH
INKTOMI CORP COMMON STOCK 457277101 13,229 100,600 SH
INSO CORP COM COMMON STOCK 457674109 591 110,000 SH
INTASYS CORP COM COMMON STOCK 45809M109 236 41,500 SH
INTERNATIONAL HOME FOODS INC COMMON STOCK 459655106 32,976 1,788,600 SH
INTERNET AMERICA INC COMMON STOCK 46058Y109 1,321 70,000 SH
COLUMN SUB-TOTAL 534,578
Investment Discretion Investment Discretion
-------------------------- --------------------------------
Shared- Shared
as defined Other Managers Sole Shared None
- --------------------------------------------------------- -------- --------------------------------
<S> <C> <C> <C> <C> <C>
CONEXANT SYSTEMS INC COM STK 889,600 57,900 889,600 0 57,900
CORECOMM LIMITED COM STK 294,800 38,000 294,800 0 38,000
COREL SYSTEMS CORP CAD COM 188,000 12,000 188,000 0 12,000
CORNING INC COM 844,600 56,000 844,600 0 56,000
CORPORATE EXPRESS INC COM 2,334,100 149,500 2,334,100 0 149,500
COYOTE NETWORK SYSTEMS INC COM 39,930 5,250 39,930 0 5,250
CRESTLINE CAPITAL CORP COM 335,800 32,200 335,800 0 32,200
CYBERIAN OUTPOST INC 86,600 6,900 86,600 0 6,900
DAOU SYSTEMS INC COM 18,400 1,600 18,400 0 1,600
DAVID'S BRIDAL INC COM STK 32,800 2,200 32,800 0 2,200
DELTA & PINE LAND CO LTD COM 25,000 25,000 25,000 0 25,000
DOCUMENTUM INC COM 897,400 58,700 897,400 0 58,700
DOUBLECLICK INC COM 126,700 8,300 126,700 0 8,300
DSP COMMUNICATIONS INC 420,400 27,700 420,400 0 27,700
EARTHWEB INC. COM STK 26,800 1,900 26,800 0 1,900
EAST WEST BANCORP INC 403,300 21,700 403,300 0 21,700
EBAY INC COM STK 251,200 99,300 251,200 0 99,300
EFAX COM INC 23,400 1,600 23,400 0 1,600
EGGHEAD INC COM 130,700 9,300 130,700 0 9,300
ELITE INFORMATION GROUP INC 533,400 43,400 533,400 0 43,400
ENAMELON INC COM 238,204 21,766 238,204 0 21,766
ENERSIS S A ADR 13,400 6,600 13,400 0 6,600
ENTREMED INC 76,300 6,700 76,300 0 6,700
ETHYL CORP COM 46,000 4,000 46,000 0 4,000
EVEREST REINS HLDGS INC 285,000 18,600 285,000 0 18,600
EXTREME NETWORKS INC USD COM 187,600 12,400 187,600 0 12,400
EXXON CORP COM 16,650 16,650 16,650 0 16,650
EDERAL MOGUL CORP COM 176,300 11,200 176,300 0 11,200
FILENET CORP COM 594,000 38,700 594,000 0 38,700
FLEET FINANCIAL GROUP INC USD 10,000 10,000 10,000 0 10,000
GARDENBURGER INC 34,400 2,700 34,400 0 2,700
GENERAL MOTORS CLASS H COM 632,990 41,210 632,990 0 41,210
GENESIS DIRECT INC 139,400 10,600 139,400 0 10,600
GENESIS MICROCHIP INC 250,500 17,000 250,500 0 17,000
GOOD GUYS INC USD.01 COM 64,100 33,900 64,100 0 33,900
GRAND UNION CO COM STK 1,711,639 114,008 1,711,639 0 114,008
GRUPO TELEVISA SA DE CV USD G 49,600 23,400 49,600 0 23,400
GULF INDONESIA RESOURCES LTD 83,750 41,250 83,750 0 41,250
HANNAFORD BROS CO COM 253,800 16,500 253,800 0 16,500
HANOVER COMPRESSOR CO COM 7,500 500 7,500 0 500
HANOVER DIRECT INC COM 338,400 11,700 338,400 0 11,700
HEALTHCARE FINANCIAL PARTNERS 135,600 10,400 135,600 0 10,400
HEALTHSOUTH CORP COM 2,509,900 160,100 2,509,900 0 160,100
HELLENIC TELECOM ORG SPONS ADR 33,500 16,500 33,500 0 16,500
HEXCEL CORP COM NEW 196,400 12,600 196,400 0 12,600
HIGHLANDS INS GROUP INC COM 371,200 24,200 371,200 0 24,200
HYPERION SOLUTIONS CORP 1,381,900 89,100 1,381,900 0 89,100
IMMUNEX CORP 65,600 4,400 65,600 0 4,400
INET TECHNOLOGIES INC USD COM 129,400 5,600 129,400 0 5,600
INFORMATION RES INC COM 264,800 18,500 264,800 0 18,500
INKTOMI CORP 93,800 6,800 93,800 0 6,800
INSO CORP COM 103,000 7,000 103,000 0 7,000
INTASYS CORP COM 39,000 2,500 39,000 0 2,500
INTERNATIONAL HOME FOODS INC 1,681,000 107,600 1,681,000 0 107,600
INTERNET AMERICA INC 65,200 4,800 65,200 0 4,800
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
TUDOR INVESTMENT CORPORATION
QUARTERLY REPORT DETAILING 13F ELIGIBLE SECURITIES
AS OF JUNE 30, 1999
Cusip Fair Market Shares or
Name of Issuer Title of Class Number Value (x1000) Prin. Amt.
- -----------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
INTERPHASE CORP COM COMMON STOCK 460593106 592 25,800 SH
INTIMATE BRANDS INC CL A COMMON STOCK 461156101 20,019 422,585 SH
ISPAT INTERNATIONAL NV COM COMMON STOCK 464899103 277 25,000 SH
IT GROUP INC COM COMMON STOCK 465266104 656 40,900 SH
IXC COMMUNICATIONS INC COM COMMON STOCK 450713102 14,934 379,900 SH
JDA SOFTWARE GROUP INC COMMON STOCK 46612K108 7,046 756,700 SH
JOHNS MANVILLE CORP COM COMMON STOCK 478129109 286 20,600 SH
JONES INTERCABLE INC CL A COMMON STOCK 480206200 1,078 22,000 SH
K TEL INTL INC COM NEW COMMON STOCK 482724200 1,289 185,000 SH
K-SWISS INC COM CL A COMMON STOCK 482686102 1,860 40,000 SH
KAYDON CORP COM COMMON STOCK 486587108 612 18,200 SH
KN ENERGY INC COM STK COMMON STOCK 482620101 1,336 100,000 SH
KOREA TELECOM CORP ADR ADRS STOCKS 50063P103 13,145 328,636 SH
LASER MORTGAGE MGMT INC COMMON STOCK 51806D100 53 15,700 SH
LASON INC COM COMMON STOCK 51808R107 1,241 25,000 SH
LEAP WIRELESS INTL INC COMMON STOCK 521863100 2,784 137,500 SH
LEARNING TREE INTL INC COM COMMON STOCK 522015106 222 20,300 SH
LERNOUT & HAUSPIE SPEECH PRODS COMMON STOCK B5628B104 2,799 79,000 SH
LHS GROUP INC COM COMMON STOCK 501938104 6,475 195,500 SH
LOCAL FINL CORP COMMON STOCK 539553107 8,246 790,000 SH
LOG ON AMER INC COMMON STOCK 540473105 244 15,000 SH
LORAL SPACE AND COMMUNICATIONS COMMON STOCK G56462107 11,250 625,000 SH
LTV CORP NEW COMMON STOCK 501921100 1,003 150,000 SH
LUCENT TECHNOLOGIES INC COM COMMON STOCK 549463107 20,231 300,000 SH
LYCOS INC COMMON STOCK 550818108 17,776 193,482 SH
MAGELLAN HEALTH SVCS INC COM COMMON STOCK 559079108 1,750 175,000 SH
MAGYAR TAVKOZLESI RT ADRS STOCKS 559776109 550 20,000 SH
MARVEL ENTERPRISES INC COMMON STOCK 57383M108 3,502 474,900 SH
MASCOTECH INC COMMON STOCK 574670105 10,171 600,500 SH
MCI WORLDCOM INC COM COMMON STOCK 55268B106 41,008 476,500 SH
MCN ENERGY GROUP INC COM COMMON STOCK 55267J100 6,202 298,900 SH
MEDICIS PHARMACEUTICAL CORP COMMON STOCK 584690309 1,523 60,000 SH
MEDICONSULT COM INC COM COMMON STOCK 58469J100 1,554 148,900 SH
MESSAGEMEDIA INC COM STK COMMON STOCK 590787107 2,603 137,000 SH
METROCALL INC COM COMMON STOCK 591647102 4,435 1,612,800 SH
MICROMUSE INC COMMON STOCK 595094103 1,746 35,000 SH
MICROSTRATEGY INC COM STK COMMON STOCK 594972101 6,302 166,400 SH
MIDAMERICAN ENERGY HOLDINGS CO COMMON STOCK 59562V107 865 25,000 SH
MIDWAY GAMES INC COM COMMON STOCK 598148104 596 46,100 SH
MONTANA PWR CO COM COMMON STOCK 612085100 9,425 133,700 SH
MOSSIMO INC COM COMMON STOCK 619696107 834 93,300 SH
MOTOROLA INC COM COMMON STOCK 620076109 47,290 499,100 SH
NATIONAL DISC BROKERS GROUP COMMON STOCK 635646102 8,663 150,000 SH
NCR CORPORATION COM COMMON STOCK 62886E108 26,139 535,500 SH
NETWORK ASSOCIATES INC COM COMMON STOCK 640938106 243 16,572 SH
NETWORK COMPUTING DEVICES INC COMMON STOCK 64120N100 3,898 810,100 SH
NETWORK SOLUTIONS INC DEL COMMON STOCK 64121Q102 7,913 100,000 SH
NEW ERA OF NETWORKS INC COM COMMON STOCK 644312100 4,394 100,000 SH
NEWBRIDGE NETWORKS CORP CAD CO COMMON STOCK 650901101 1,009 35,100 SH
NEWCOURT CREDIT GROUP INC CAD COMMON STOCK 650905102 2,199 170,000 SH
NEWMONT MINING CORP USD1.6 COM COMMON STOCK 651639106 1,986 100,000 SH
NEWS CORP LTD ADR NEW ADRS STOCKS 652487703 1,766 50,000 SH
NEXTEL COMMUNICATIONS INC COMMON STOCK 65332V103 2,509 50,000 SH
NORTH AMERN VACCINE INC COMMON STOCK 657201109 808 165,800 SH
NOVELL INC COM COMMON STOCK 670006105 35,215 1,328,900 SH
COLUMN SUB-TOTAL 37,552
Investment Discretion Investment Discretion
-------------------------- --------------------------------
Shared- Shared
as defined Other Managers Sole Shared None
- --------------------------------------------------------- -------- --------------------------------
<S> <C> <C> <C> <C> <C>
INTERPHASE CORP COM 16,900 8,900 16,900 0 8,900
INTIMATE BRANDS INC CL A 396,665 25,920 396,665 0 25,920
ISPAT INTERNATIONAL NV COM 17,858 7,142 17,858 0 7,142
IT GROUP INC COM 40,900 -- 40,900 0 --
IXC COMMUNICATIONS INC COM 356,700 23,200 356,700 0 23,200
JDA SOFTWARE GROUP INC 705,400 51,300 705,400 0 51,300
JOHNS MANVILLE CORP COM 19,400 1,200 19,400 0 1,200
JONES INTERCABLE INC CL A 20,600 1,400 20,600 0 1,400
K TEL INTL INC COM NEW 174,900 10,100 174,900 0 10,100
K-SWISS INC COM CL A 37,600 2,400 37,600 0 2,400
KAYDON CORP COM 17,900 300 17,900 0 300
KN ENERGY INC COM STK 50,000 50,000 50,000 0 50,000
KOREA TELECOM CORP ADR 285,736 42,900 285,736 0 42,900
LASER MORTGAGE MGMT INC 15,700 -- 15,700 0 --
LASON INC COM 23,400 1,600 23,400 0 1,600
LEAP WIRELESS INTL INC 128,100 9,400 128,100 0 9,400
LEARNING TREE INTL INC COM 17,600 2,700 17,600 0 2,700
LERNOUT & HAUSPIE SPEECH PRODS 73,200 5,800 73,200 0 5,800
LHS GROUP INC COM 183,300 12,200 183,300 0 12,200
LOCAL FINL CORP 726,700 63,300 726,700 0 63,300
LOG ON AMER INC 14,100 900 14,100 0 900
FORAL SPACE AND COMMUNICATIONS 587,200 37,800 587,200 0 37,800
LTV CORP NEW 100,500 49,500 100,500 0 49,500
LUCENT TECHNOLOGIES INC COM 281,600 18,400 281,600 0 18,400
LYCOS INC 184,808 8,674 184,808 0 8,674
MAGELLAN HEALTH SVCS INC COM 164,100 10,900 164,100 0 10,900
MAGYAR TAVKOZLESI RT 13,400 6,600 13,400 0 6,600
MARVEL ENTERPRISES INC 445,300 29,600 445,300 0 29,600
MASCOTECH INC 552,500 48,000 552,500 0 48,000
MCI WORLDCOM INC COM 447,900 28,600 447,900 0 28,600
MCN ENERGY GROUP INC COM 280,900 18,000 280,900 0 18,000
MEDICIS PHARMACEUTICAL CORP 57,150 2,850 57,150 0 2,850
MEDICONSULT COM INC COM 139,700 9,200 139,700 0 9,200
MESSAGEMEDIA INC COM STK 128,400 8,600 128,400 0 8,600
METROCALL INC COM 1,501,200 111,600 1,501,200 0 111,600
MICROMUSE INC 32,300 2,700 32,300 0 2,700
MICROSTRATEGY INC COM STK 155,726 10,674 155,726 0 10,674
MIDAMERICAN ENERGY HOLDINGS CO 23,400 1,600 23,400 0 1,600
MIDWAY GAMES INC COM 43,300 2,800 43,300 0 2,800
MONTANA PWR CO COM 125,700 8,000 125,700 0 8,000
MOSSIMO INC COM 87,500 5,800 87,500 0 5,800
MOTOROLA INC COM 469,200 29,900 469,200 0 29,900
NATIONAL DISC BROKERS GROUP 139,400 10,600 139,400 0 10,600
NCR CORPORATION COM 503,100 32,400 503,100 0 32,400
NETWORK ASSOCIATES INC COM 15,164 1,408 15,164 0 1,408
NETWORK COMPUTING DEVICES INC 756,200 53,900 756,200 0 53,900
NETWORK SOLUTIONS INC DEL 93,100 6,900 93,100 0 6,900
NEW ERA OF NETWORKS INC COM 93,500 6,500 93,500 0 6,500
NEWBRIDGE NETWORKS CORP CAD CO 32,900 2,200 32,900 0 2,200
NEWCOURT CREDIT GROU P INC CAD 85,000 85,000 85,000 0 85,000
NEWMONT MINING CORP USD1.6 COM 67,000 33,000 67,000 0 33,000
NEWS CORP LTD ADR NEW 33,500 16,500 33,500 0 16,500
NEXTEL COMMUNICATIONS INC 47,000 3,000 47,000 0 3,000
NORTH AMERN VACCINE INC 157,000 8,800 157,000 0 8,800
NOVELL INC COM 1,249,000 79,900 1,249,000 0 79,900
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
TUDOR INVESTMENT CORPORATION
QUARTERLY REPORT DETAILING 13F ELIGIBLE SECURITIES
AS OF JUNE 30, 1999
Cusip Fair Market Shares or
Name of Issuer Title of Class Number Value (x1000) Prin. Amt.
- -----------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
NOVOSTE CORP COM COMMON STOCK 67010C100 16,320 777,200 SH
NTL INCORPORATED COM COMMON STOCK 629407107 21,865 253,700 SH
NUTRITION FOR LIFE INTL INC COMMON STOCK 67061S202 183 86,200 SH
OAK INDS INC COM NEW COMMON STOCK 671400505 7,458 170,000 SH
OBJECT DESIGN INC COM COMMON STOCK 674416102 1,022 264,000 SH
OCTEL CORP COM STK COMMON STOCK 675727101 4,671 373,700 SH
ONSALE INC COM COMMON STOCK 682838107 2,714 143,300 SH
OPEN MARKET INC COM COMMON STOCK 68370M100 6,813 480,300 SH
OPTI INC COM COMMON STOCK 683960108 1,550 255,000 SH
ORGANOGENESIS INC COM COMMON STOCK 685906109 3,885 414,442 SH
ORTHODONTIC CENTERS OF AMERICA COMMON STOCK 68750P103 2,366 167,500 SH
OXIGENE INC COMMON STOCK 691828107 897 95,000 SH
PACIFICORP COM COMMON STOCK 695114108 4,116 224,000 SH
PAGEMART WIRELESS INC COMMON STOCK 69553J104 1,180 156,000 SH
PAGING NETWORK INC COM COMMON STOCK 695542100 15,887 3,301,500 SH
PARK PLACE ENTERTAINMENT CORP COMMON STOCK 700690100 6,040 632,000 SH
PASIFIK SATELITNUSAN TARA SPON ADRS STOCKS 69365Q106 3,773 464,500 SH
PATHWAYS GROUP INC COM COMMON STOCK 70321D106 1,190 179,700 SH
PERCLOSE INC COMMON STOCK 71361C107 1,682 35,000 SH
PHILIP MORRIS CO INC OPTIONS - CALLS 7181543AI 5,626 140,000 CALL
PICTURETEL CORP COM NEW COMMON STOCK 720035302 1,340 167,500 SH
PITTSTON BRINK'S GROUP COM COMMON STOCK 725701106 25,554 955,300 SH
PLAYERS INTL INC COM COMMON STOCK 727903106 7,792 1,084,200 SH
POLAROID CORP USD1 COM COMMON STOCK 731095105 1,543 56,100 SH
POTOMAC ELECTRIC POWER COMPANY COMMON STOCK 737679100 22,322 758,300 SH
PREMISYS COMMUNICATIONS INC COMMON STOCK 740584107 2,429 332,200 SH
PRICELINE.COM INC COM COMMON STOCK 741503106 12,053 104,300 SH
PRIME HOSPITALITY CORP COMMON STOCK 741917108 12,182 1,015,200 SH
PRIMEDIA INC COM STK COMMON STOCK 74157K101 755 44,600 SH
PRIMEX TECHNOLOGIES INC COMMON STOCK 741597108 832 38,600 SH
PROGENICS PHARMACEUTICALS INC COMMON STOCK 743187106 19,705 2,384,314 SH
PROVANT INC COM COMMON STOCK 743724106 5,430 349,000 SH
PROVIDENT AMERN CORP COM COMMON STOCK 743832107 2,305 82,700 SH
QWEST COMMUN INTL COM COMMON STOCK 749121109 3,306 100,000 SH
R.H. DONNELLEY CORP COM COMMON STOCK 74955W307 6,508 332,700 SH
RADICA GAMES LTD COMMON STOCK G7342H107 378 40,000 SH
RALSTON PURINA CO COM RALSTON COMMON STOCK 751277302 1,263 41,500 SH
RARE MEDIUM GROUP INC COMMON STOCK 75382N109 2,238 180,000 SH
REALNETWORKS INC COM COMMON STOCK 75605L104 17,018 247,100 SH
RED ROOF INNS INC COM COMMON STOCK 757005103 1,709 95,300 SH
RESMED INC COM COMMON STOCK 761152107 1,327 40,000 SH
RESPONSE USA INC COM NEW COMMON STOCK 761235506 585 318,000 SH
REYNOLDS METALS CO COMMON STOCK 761763101 58,250 987,300 SH
ROSTELECOM SPONSORED ADR ADRS STOCKS 778529107 339 34,500 SH
SAGA SYSTEMS INC COM STK COMMON STOCK 786610105 1,275 100,000 SH
SANCHEZ COMPUTER ASSOCIATES COMMON STOCK 799702105 1,447 41,800 SH
SAVOIR TECHNOLOGY GROUP INC CO COMMON STOCK 80533W107 407 43,500 SH
SCM MICROSYSTEMS INC COM COMMON STOCK 784018103 6,747 145,500 SH
SCOTTISH ANNUITY AND LIFE HOLD COMMON STOCK G7885T104 3,386 315,000 SH
SCRIPPS CO (E.W.) CL A NEW COMMON STOCK 811054204 71,861 1,510,900 SH
SENSORMATIC ELEC COMMON STOCK 817265101 12,056 865,000 SH
SFX ENTERTAINMENT CL A COM COMMON STOCK 784178105 6,400 100,000 SH
SHARED MEDICAL SYS COMMON STOCK 819486101 15,157 232,300 SH
SILICON GRAPHICS INC COM COMMON STOCK 827056102 10,274 627,400 SH
SILKNET SOFTWARE INC COM COMMON STOCK 827094103 1,013 25,000 SH
COLUMN SUB-TOTAL 446,424
Investment Discretion Investment Discretion
-------------------------- --------------------------------
Shared- Shared
as defined Other Managers Sole Shared None
- --------------------------------------------------------- -------- --------------------------------
<S> <C> <C> <C> <C> <C>
NOVOSTE CORP COM 668,876 108,324 668,876 0 108,324
NTL INCORPORATED COM 238,152 15,548 238,152 0 15,548
NUTRITION FOR LIFE INTL INC 80,200 6,000 80,200 0 6,000
OAK INDS INC COM NEW 159,600 10,400 159,600 0 10,400
OBJECT DESIGN INC COM 247,300 16,700 247,300 0 16,700
OCTEL CORP COM STK 349,300 24,400 349,300 0 24,400
ONSALE INC COM 132,700 10,600 132,700 0 10,600
OPEN MARKET INC COM 451,100 29,200 451,100 0 29,200
OPTI INC COM 180,800 74,200 180,800 0 74,200
ORGANOGENESIS INC COM 386,935 27,507 386,935 0 27,507
ORTHODONTIC CENTERS OF AMERICA 160,200 7,300 160,200 0 7,300
OXIGENE INC 87,900 7,100 87,900 0 7,100
PACIFICORP COM 112,000 112,000 112,000 0 112,000
PAGEMART WIRELESS INC 115,700 40,300 115,700 0 40,300
PAGING NETWORK INC COM 3,096,100 205,400 3,096,100 0 205,400
PARK PLACE ENTERTAINMENT CORP 589,800 42,200 589,800 0 42,200
PASIFIK SATELITNUSAN TARA SPON 403,800 60,700 403,800 0 60,700
PATHWAYS GROUP INC COM 167,900 11,800 167,900 0 11,800
PERCLOSE INC 33,000 2,000 33,000 0 2,000
PHILIP MORRIS CO INC 128,400 11,600 128,400 0 11,600
PICTURETEL CORP COM NEW 156,700 10,800 156,700 0 10,800
PITTSTON BRINK'S GROUP COM 896,600 58,700 896,600 0 58,700
PLAYERS INTL INC COM 1,012,400 71,800 1,012,400 0 71,800
POLAROID CORP USD1 COM 52,700 3,400 52,700 0 3,400
POTOMAC ELECTRIC POWER COMPANY 711,600 46,700 711,600 0 46,700
PREMISYS COMMUNICATIONS INC 310,100 22,100 310,100 0 22,100
PRICELINE.COM INC COM 98,100 6,200 98,100 0 6,200
PRIME HOSPITALITY CORP 953,100 62,100 953,100 0 62,100
PRIMEDIA INC COM STK 42,400 2,200 42,400 0 2,200
PRIMEX TECHNOLOGIES INC 38,600 -- 38,600 0 --
PROGENICS PHARMACEUTICALS INC 1,847,352 536,962 1,847,352 0 536,962
PROVANT INC COM 320,100 28,900 320,100 0 28,900
PROVIDENT AMERN CORP COM 77,700 5,000 77,700 0 5,000
QWEST COMMUN INTL COM 50,000 50,000 50,000 0 50,000
R.H. DONNELLEY CORP COM 312,700 20,000 312,700 0 20,000
RADICA GAMES LTD 37,400 2,600 37,400 0 2,600
RALSTON PURINA CO COM RALSTON 39,000 2,500 39,000 0 2,500
RARE MEDIUM GROUP INC 140,800 39,200 140,800 0 39,200
REALNETWORKS INC COM 232,100 15,000 232,100 0 15,000
RED ROOF INNS INC COM 88,900 6,400 88,900 0 6,400
RESMED INC COM 37,500 2,500 37,500 0 2,500
RESPONSE USA INC COM NEW 297,000 21,000 297,000 0 21,000
REYNOLDS METALS CO 927,000 60,300 927,000 0 60,300
ROSTELECOM SPONSORED ADR 32,000 2,500 32,000 0 2,500
SAGA SYSTEMS INC COM STK 93,900 6,100 93,900 0 6,100
SANCHEZ COMPUTER ASSOCIATES 39,600 2,200 39,600 0 2,200
SAVOIR TECHNOLOGY GROUP INC CO 14,800 28,700 14,800 0 28,700
SCM MICROSYSTEMS INC COM 134,500 11,000 134,500 0 11,000
SCOTTISH ANNUITY AND LIFE HOLD 294,900 20,100 294,900 0 20,100
SCRIPPS CO (E.W.) CL A NEW 1,418,110 92,790 1,418,110 0 92,790
SENSORMATIC ELEC 809,100 55,900 809,100 0 55,900
SFX ENTERTAINMENT CL A COM 93,900 6,100 93,900 0 6,100
SHARED MEDICAL SYS 217,600 14,700 217,600 0 14,700
SILICON GRAPHICS INC COM 589,300 38,100 589,300 0 38,100
SILKNET SOFTWARE INC COM 23,400 1,600 23,400 0 1,600
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
TUDOR INVESTMENT CORPORATION
QUARTERLY REPORT DETAILING 13F ELIGIBLE SECURITIES
AS OF JUNE 30, 1999
Cusip Fair Market Shares or
Name of Issuer Title of Class Number Value (x1000) Prin. Amt.
- -----------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
SK TELECOM CO LTD ADR (SPONSO ADRS STOCKS 78440P108 1,275 75,000 SH
SMART & FINAL INC COM COMMON STOCK 831683107 860 81,900 SH
SOFTNET SYSTEMS INC COM COMMON STOCK 833964109 1,165 41,800 SH
SPECTRIAN CORP COM COMMON STOCK 847608106 5,534 381,700 SH
SPRINT CORP USD2.50 COM COMMON STOCK 852061100 25,906 488,800 SH
SPX CORP COM COMMON STOCK 784635104 49,139 588,500 SH
ST JUDE MED INC COM COMMON STOCK 790849103 14,574 409,100 SH
STATION CASINOS INC COM COMMON STOCK 857689103 7,701 378,000 SH
SUMMIT TECHNOLOGY INC COM COMMON STOCK 86627E101 4,070 185,000 SH
SUNQUEST INFORMATION SYSTEMS I COMMON STOCK 867654105 8,328 516,500 SH
SUPERIOR SVCS INC COM COMMON STOCK 868316100 1,334 50,000 SH
SYSTEM SOFTWARE ASSOC INC COMMON STOCK 871839106 5,230 3,158,000 SH
TELEPHONE & DATA SYSTEMS INC COMMON STOCK 879433100 40,833 558,400 SH
TELEGLOBE INC COMMON STOCK 87941V100 921 30,974 SH
TENNECO INC COM NEW COMMON STOCK 88037E101 2,388 100,000 SH
TERAYON COMMUNICATION SYS COMMON STOCK 880775101 3,006 53,800 SH
TEXAS INSTRUMENTS INC USD1 CO COMMON STOCK 882508104 18,000 125,000 SH
THERMO ELECTRON CORP COM COMMON STOCK 883556102 4,384 218,600 SH
THEGLOBE COM INC COMMON STOCK 88335R101 4,056 206,000 SH
THINK NEW IDEAS INC COMMON STOCK 884094103 316 20,000 SH
TITAN CORP COM COMMON STOCK 888266103 4,137 376,100 SH
TOKHEIM CORP COMMON STOCK 889073102 1,660 145,100 SH
TRANSWITCH CORP COM COMMON STOCK 894065101 10,658 225,000 SH
TRAVELERS PROP CASUALTY CL A C COMMON STOCK 893939108 13,263 339,000 SH
TRENWICK GROUP INC COM COMMON STOCK 895290104 2,466 100,000 SH
TRICON GLOBAL RESTAURANTS INC COMMON STOCK 895953107 4,654 86,000 SH
TUBOS DE ACERO DE ME XICO SA T ADRS STOCKS 898592506 1,335 122,800 SH
TUT SYSTEMS COMMON STOCK 901103101 1,434 29,300 SH
TV AZTECA S.A SPONS ADR ADRS STOCKS 901145102 518 100,000 SH
TV GUIDE INC CL A COM COMMON STOCK 87307Q109 26,161 714,300 SH
TYCO INTERNATIONAL LTD COM COMMON STOCK 902124106 38,042 401,500 SH
USA DETERGENTS INC COMMON STOCK 902938109 134 18,800 SH
VERIO INC COM STK COMMON STOCK 923433106 9,799 141,000 SH
VIDEOSERVER INC COM COMMON STOCK 926918103 285 30,000 SH
VIVUS INC COM COMMON STOCK 928551100 1,621 617,700 SH
VODAFONE AIR TOUCH PLC SPONSOR ADRS STOCKS 92857T107 55,292 280,670 SH
WESTOWER CORP COM STK COMMON STOCK 96121E101 14,359 586,100 SH
WMS INDS INC COM COMMON STOCK 929297109 6,971 410,100 SH
WORLD ACCESS INC COM COMMON STOCK 98141A101 1,343 95,100 SH
WYMAN GORDON CO COM COMMON STOCK 983085101 965 50,000 SH
WYMAN GORDON CO COM OPTIONS - PUTS 9830851UW 965 50,000 PUT
YAHOO INC COM COMMON STOCK 984332106 12,057 70,000 SH
YOU BET.COM INC COM STK COMMON STOCK 987413101 518 45,400 SH
ZOLTEK COS INC COM COMMON STOCK 98975W104 1,260 158,800 SH
ZOMAX INC MINN COMMON STOCK 989929104 2,640 60,000 SH
ZONAGEN INC COM COMMON STOCK 98975L108 3,273 353,800 SH
COLUMN SUB-TOTAL 414,830
GRAND TOTAL 2,118,986
Investment Discretion Investment Discretion
-------------------------- --------------------------------
Shared- Shared
as defined Other Managers Sole Shared None
- --------------------------------------------------------- -------- --------------------------------
<S> <C> <C> <C> <C> <C>
SK TELECOM CO LTD AD R (SPONSO 50,250 24,750 50,250 0 24,750
SMART & FINAL INC COM 69,300 12,600 69,300 0 12,600
SOFTNET SYSTEMS INC COM 39,200 2,600 39,200 0 2,600
SPECTRIAN CORP COM 358,700 23,000 358,700 0 23,000
SPRINT CORP USD2.50 COM 458,600 30,200 458,600 0 30,200
SPX CORP COM 552,100 36,400 552,100 0 36,400
ST JUDE MED INC COM 383,900 25,200 383,900 0 25,200
STATION CASINOS INC COM 352,500 25,500 352,500 0 25,500
SUMMIT TECHNOLOGY INC COM 173,400 11,600 173,400 0 11,600
SUNQUEST INFORMATION SYSTEMS I 482,200 34,300 482,200 0 34,300
SUPERIOR SVCS INC COM 25,000 25,000 25,000 0 25,000
SYSTEM SOFTWARE ASSOC INC 2,917,800 240,200 2,917,800 0 240,200
TELEPHONE & DATA SYSTEMS INC 523,600 34,800 523,600 0 34,800
TELEGLOBE INC 30,974 30,974 0 --
TENNECO INC COM NEW 93,800 6,200 93,800 0 6,200
TERAYON COMMUNICATION SYS 50,400 3,400 50,400 0 3,400
TEXAS INSTRUMENTS IN C USD1 CO 117,500 7,500 117,500 0 7,500
THERMO ELECTRON CORP COM 205,000 13,600 205,000 0 13,600
THEGLOBE COM INC 190,800 15,200 190,800 0 15,200
THINK NEW IDEAS INC 18,500 1,500 18,500 0 1,500
TITAN CORP COM 352,000 24,100 352,000 0 24,100
TOKHEIM CORP 95,900 49,200 95,900 0 49,200
TRANSWITCH CORP COM 213,750 11,250 213,750 0 11,250
TRAVELERS PROP CASUALTY CL A C 318,700 20,300 318,700 0 20,300
TRENWICK GROUP INC COM 93,400 6,600 93,400 0 6,600
TRICON GLOBAL RESTAURANTS INC 80,800 5,200 80,800 0 5,200
TUBOS DE ACERO DE ME XICO SA T 82,276 40,524 82,276 0 40,524
TUT SYSTEMS 27,500 1,800 27,500 0 1,800
TV AZTECA S.A SPONS ADR 70,000 30,000 70,000 0 30,000
TV GUIDE INC CL A COM 669,900 44,400 669,900 0 44,400
TYCO INTERNATIONAL LTD COM 377,100 24,400 377,100 0 24,400
USA DETERGENTS INC 18,000 800 18,000 0 800
VERIO INC COM STK 132,400 8,600 132,400 0 8,600
VIDEOSERVER INC COM 29,300 700 29,300 0 700
VIVUS INC COM 590,200 27,500 590,200 0 27,500
VODAFONE AIR TOUCH PLC SPONSOR 214,491 66,179 214,491 0 66,179
WESTOWER CORP COM STK 549,480 36,620 549,480 0 36,620
WMS INDS INC COM 380,900 29,200 380,900 0 29,200
WORLD ACCESS INC COM 89,000 6,100 89,000 0 6,100
WYMAN GORDON CO COM 25,000 25,000 25,000 0 25,000
WYMAN GORDON CO COM 25,000 25,000 25,000 0 25,000
YAHOO INC COM 66,400 3,600 66,400 0 3,600
YOU BET.COM INC COM STK 15,700 29,700 15,700 0 29,700
ZOLTEK COS INC COM 150,700 8,100 150,700 0 8,100
ZOMAX INC MINN 55,800 4,200 55,800 0 4,200
ZONAGEN INC COM 327,100 26,700 327,100 0 26,700
</TABLE>
