<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 1999
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Check Here if Amended / /: Amendment Number: ___________
This Amendment (Check only one.): / / is a restatement.
/ / adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: OAKMONT CORPORATION
Address: 865 S. FIGUEROA ST.
SUITE 700
LOS ANGELES, CA
Form 13F File Number: 28-___________
This 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, and 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: KASHIF SHEIKH
Title: CFO
Phone: (213) 891-6339
Signature, Place, and Date of Signing:
/s/ Kashif Sheikh
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(Signature) (City, State) (Date)
Report Type (Check only one.):
/ / 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
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OAKMONT CORP.
FORM 13F
OAKMONT CORP.
June 30, 1999
<TABLE>
<CAPTION>
MARKET
SECURITY CUSIP QUALITY VALUE
----------------- ------------------------- -------------
<S> <C> <C> <C>
COMMON STOCK
ALLERGAN, INC. 018490102 59,000 6,549,000.00
AMAZON COM INC. 023135106 101,000 12,637,625.00
AMERICA ONLINE 02364J104 85,140 9,365,400.00
AMERICAN HOME 2,500 143,437.50
PRODS.
APEX MORTGAGE 030564101 66,666 887,491.12
CAPITAL
ATLANTIC 28,200 2,356,462.50
RICHFIELD CO.
BED, BATH & 075896100 104,000 4,004,000.00
BEYOND
BERINGER WINE 084102102 244,600 10,219,693.75
ESTATES HLDGS.
BOMBARDIER INC. 097751200 1,073,133 16,504,785.54
CHASE MANHATTAN 16161A108 225,000 19,462,500.00
CORP.
CITIGROUP 172967101 75,000 3,562,500.00
CMGI INC. 125750109 4,400 501,875.00
COMCAST CORP CL A 200300101 207,100 7,416,768.75
COMCAST CORP SP 207,100 7,960,406.25
CL A
COSTCO 22160Q102 252,500 20,215,781.25
COVAD 55,000 2,932,187.50
COMMUNICATIONS
CSG SYSTEMS 126349109 111,224 2,912,678.50
INTERNATIONAL
DELPHI FINANCIAL 247131105 640,095 22,963,403.82
GROUP, INC.
EBAY INC. 15,000 2,270,625.00
ENRON 293561106 520,235 42,529,211.25
FREEPORT 35671D105 7,752 129,846.00
MCMORAN COPPER
& GOLD CLASSA
FREEPORT 35671D857 82,463 1,479,180.06
MCMORAN COPPER
& GOLD CLASSB
HOME DEPOT INC. 437076102 144,600 9,317,662.50
IBM CORP. 459200101 137,400 17,758,950.00
INCYTE 170,000 4,494,375.00
PHARMACEUTICALS
INC
</TABLE>
<PAGE>
OAKMONT CORP.
FORM 13F
OAKMONT CORP.
June 30, 1999
<TABLE>
<CAPTION>
MARKET
SECURITY CUSIP QUALITY VALUE
----------------- ------------------------- --------------
<S> <C> <C> <C>
INVESTORS 919,999 36,799,960.00
FINANCIAL
SERVICES
KANSAS CITY 263,600 16,820,975.00
SOUTHERN CORP.
KLA INSTRUMENTS 102,300 6,636,712.50
LEAR CORPORATION 521865105 463,200 23,044,200.00
MCMORAN 582411104 12,895 286,117.79
EXPLORATION CO.
METROMEDIA FIBER 591689104 236,000 8,481,250.00
NETWORK INC.
MORGAN STANLEY 617446448 114,100 11,709,512.50
DEAN WITTER
POTOMAC ELECTRIC 350,000 10,303,125.00
PRICELINE.COM INC. 39,800 4,599,387.50
PROBUSINESS 742674104 489,335 17,554,893.12
SERVICES
QUANTUM CORP. 4,500 108,562.50
SEI INVESTMENTS 784117103 32,213 2,842,797.25
CO.
STARBUCKS CORP. 855244109 128,454 4,825,053.37
STRATUS 863167102 740,510 3,424,858.75
PROPERTIES
TIFFANY 886547108 47,800 4,612,700.00
YAHOO! INC. 984332106 55,400 9,542,650.00
--------------
390,168,601.59
(ADR'S)AMERICAN DEPOSITORY RECEIPT
DESC SA DE CV 250309101 36,180 818,572.50
GRUPO TELEVISA 40049J206 264,022 11,831,485.87
KOREA TELECOM 456,100 18,244,000.00
CORP SP-ADR
-------------
30,894,058.37
WARRANTS
IMC GLOBAL INC 449669118 8,616 4,846.50
WTS EXP 12/22/2000
CONVERTIBLE PREFERRED
TRANS WORLD AIR 893349753 110,000 3,630,000.00
SERIES 144A
</TABLE>
<PAGE>
OAKMONT CORP.
FORM 13F
OAKMONT CORP.
June 30, 1999
<TABLE>
<CAPTION>
MARKET
SECURITY CUSIP QUALITY VALUE
------------------- --------------------------- -------------
<S> <C> <C> <C>
CONVERTIBLE BONDS
ASIA PULP & PAPER 00202paa8 225,000 16,650,000.00
COMPANY
CONVERTIBLE BOND
3.5% 4/30/03
3.500% Due 04-30-03
CANADIAN COMMON STOCK
Canadian Hunter Expl 136046109 9,500 144,150.15
MEXICAN COMMON STOCK
APASCO A 598,757 3,944,752.00
CORP. 730,000 2,396,898.40
INTERAMERICANA
ENTRET-B
CORPORACION GEO 1,181,471 4,997,559.15
S.A. - SER B
GRUPO CARSO 1,427,900 6,673,714.44
Grupo Mexico S.A. Ser 1,706,300 7,317,928.34
B
JUGOS DEL VALLE 1,074,265 815,752.03
S.A.-SER B
-------------
26,146,604.36
</TABLE>
<PAGE>
OAKMONT CORP.
FORM 13F
OAKMONT CORP.
June 30, 1999
<TABLE>
<CAPTION>
MARKET
SECURITY CUSIP QUALITY VALUE
------------------- --------------------------- --------------
<S> <C> <C> <C>
RESTRICTED COMMON STOCK
PROBUSINESS 62,632 2,246,923.00
SERVICES 144a
TOTAL PORTFOLIO 469,885,183.98
</TABLE>
