<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: December 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.
DECEMBER 31, 1999
<TABLE>
<CAPTION>
MARKET
SECURITY CUSIP QUANTITY VALUE
- ------------------------------------ ------------- -------------- --------------
<S> <C> <C> <C>
COMMON STOCK
ALLERGAN, INC. 018490102 118,000 5,870,500.00
APEX MORTGAGE CAPITAL 030564101 66,666 679,159.87
BERINGER WINE ESTATES HLDGS. 084102102 139,100 5,546,612.50
BOMBARDIER INC. 097751200 1,073,133 22,031,420.49
CMGI INC. 125750109 26,600 6,257,375.00
COMCAST CORP CL A 200300101 172,500 8,258,437.50
COMCAST CORP SP CL A 172,500 8,722,031.25
COSTCO 22160Q102 252,500 23,040,625.00
CSG SYSTEMS INTERNATIONAL 126349109 111,224 4,435,057.00
DELPHI FINANCIAL GROUP, INC. 247131105 652,897 19,586,903.33
ECHOSTAR COMMUNICATIONS CORP. 800 78,000.00
ENRON 293561106 948,470 42,088,356.25
EXODUS COMMUNICATIONS, INC. 231,400 20,551,212.50
FREEPORT MCMORAN 35671D105 7,752 143,896.50
COPPER & GOLD CLASSA
FREEPORT MCMORAN 35671D857 82,463 1,742,030.87
COPPER & GOLD CLASSB
HOME DEPOT INC. 437076102 216,900 14,911,875.00
I2 TECHNOLOGIES 465754109 82,700 16,126,500.00
IBM CORP. 459200101 114,600 12,362,475.00
INVESTORS FINANCIAL SERVICES 963,499 44,320,954.00
KLA - TENCOR CORP. 102,300 11,393,662.50
MCMORAN EXPLORATION CO. 582411104 12,895 272,416.38
METROMEDIA FIBER NETWORK INC. 591689104 462,375 22,165,101.56
MORGAN STANLEY DEAN WITTER 617446448 83,500 11,919,625.00
</TABLE>
<PAGE>
OAKMONT CORP.
FORM 13F
OAKMONT CORP.
DECEMBER 31, 1999
<TABLE>
<CAPTION>
MARKET
SECURITY CUSIP QUANTITY VALUE
- ------------------------------------- ------------- -------------- --------------
<S> <C> <C> <C>
NEWPORT CORPORATION 3,500 160,125.00
ORTEL CORP. 68749W102 2,000 240,000.00
PROBUSINESS SERVICES 742674104 571,967 20,590,812.00
SEI INVESTMENTS CO. 784117103 32,213 3,833,850.33
SIEBEL SYSTEMS INC. 826170102 119,000 9,996,000.00
STRATUS PROPERTIES 863167102 740,510 3,100,885.62
SUPERGEN INC. 5,000 146,875.00
SYNTROLEUM CORPORATION 207,200 1,683,500.00
TIFFANY 886547108 95,600 8,532,300.00
VALUEVISION INTERNATIONAL INC. 91,000 5,215,437.50
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356,004,012.96
LIMITED PARTNERSHIP DISTRIBUTIONS
CONCUR TECHNOLOGIES 2,942 85,318.00
VIANT CORPORATION 7,103 703,197.00
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788,515.00
(ADR'S)AMERICAN DEPOSITORY RECEIPT
KOREA TELECOM CORP SP-ADR 436,100 32,598,475.00
CONVERTIBLE PREFERRED
TRANS WORLD AIR 893349753 110,000 2,083,125.00
SERIES 144A
CONVERTIBLE BONDS
ASIA PULP & PAPER COMPANY 00202paa8 225,000 16,501,500.00
CONVERTIBLE BOND 3.5% 4/30/03
3.500% Due 04-30-03
</TABLE>
<PAGE>
OAKMONT CORP.
FORM 13F
OAKMONT CORP.
DECEMBER 31, 1999
<TABLE>
<CAPTION>
MARKET
SECURITY CUSIP QUANTITY VALUE
- ----------------------------------- ------------- -------------- --------------
<S> <C> <C> <C>
MEXICAN COMMON STOCK
CORPORATION GEO S.A. - SER B 1,140,471 4,301,513.45
JUGOS DEL VALLE S.A. - SER B 1,074,265 619,355.31
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4,920,868.76
TOTAL PORTFOLIO 412,896,496.72
</TABLE>
