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 a new holdings entries.
Institutional Investment Manager Filing this Report:
Name: EQSF Advisers, Inc.
Address: 767 Third Avenue
New York, NY 10017
13F File Number: 801-27792
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: David M. Barse
Title: President
Phone: 212-888-6865
Signature, Place, and Date of Signing:
David M . Barse New York, New York May 12, 1999
Report Type (Check only one.):
[x] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
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FORM 13F SUMMARY PAGE
REPORT SUMMARY:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 132
Form 13F Information Table Value Total: $1,199,124,000
List of Other Included Managers:
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT ------VOTING AUTHORITY-----
Name of Issuer -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETM -MANAGERS- SOLE SHARED NONE
3COM CORPORATION COM 885535104 14633 627700 SH SOLE 627700 0 0
ACMAT CORP. CL A 004616207 3010 200678 SH SOLE 200678 0 0
ACT NETWORKS INC. COM 000975102 5294 275000 SH SOLE 275000 0 0
ADAPTEC, INC. SB NT 00651FAC2 353 425000 PRN SOLE 425000 0 0
ADE CORP MASS COM 00089C107 6295 728900 SH SOLE 728900 0 0
AEGIS REALTY, INC. COM 00760P104 189 19000 SH SOLE 19000 0 0
AFC CABLE SYSTEMS COM 000950105 3235 108750 SH SOLE 108750 0 0
ALAMO GROUP, INC. COM 011311107 4068 516600 SH SOLE 516600 0 0
ALEXANDER & BALDWIN COM 014482103 27063 1379000 SH SOLE 1379000 0 0
ALICO INC. COM 016230104 3681 241400 SH SOLE 241400 0 0
ALPHARMA, INC. SB NT 020813AB7 414 275000 PRN SOLE 275000 0 0
AMBAC INC. COM 023139108 10800 200000 SH SOLE 200000 0 0
AMERICAN INTERNATIONAL GROUP, INC. COM 026874107 36188 300000 SH SOLE 300000 0 0
AMERICAN PHYS. SERVICE GROUP, INC. COM 028882108 2601 1155900 SH SOLE 1155900 0 0
ANALOGIC CORP. COM 032657207 4463 135500 SH SOLE 135500 0 0
ANTHRACITE CAPITAL COM 037023108 266 35500 SH SOLE 35500 0 0
APPLIED MATERIALS, INC. COM 038222105 24675 400000 SH SOLE 400000 0 0
ASTORIA FINANCIAL CORP. COM 046265104 2650 53000 SH SOLE 53000 0 0
AVATAR HOLDINGS INC COM 053495100 13301 728800 SH SOLE 728800 0 0
AVX CORP COM 002444107 28448 1778000 SH SOLE 1778000 0 0
BANKATLANTIC BANCORP CL A 065908501 870 123237 SH SOLE 123237 0 0
BANKERS TRUST NEW YORK CORP. COM 146875109 8825 100000 SH SOLE 100000 0 0
BEL FUSE INC. CL A 077347102 1025 25000 SH SOLE 25000 0 0
BEL FUSE INC. CL B 077347300 1262 40700 SH SOLE 40700 0 0
BOSTON COMM COM 100582105 1074 110200 SH SOLE 110200 0 0
C.P. CLARE CORP. COM 12615K107 5526 1524500 SH SOLE 1524500 0 0
CABOT INDUSTRIAL TRUST COM 127072106 2395 126900 SH SOLE 126900 0 0
CAPITAL RE CORP. COM 140432105 4652 269700 SH SOLE 269700 0 0
CAPITAL SOUTHWEST COM 140501107 5288 72445 SH SOLE 72445 0 0
CARVER BANCORP COM 147005102 1912 218500 SH SOLE 218500 0 0
CATTELUS DEVELOPMENT CORP. COM 149111106 2429 181600 SH SOLE 181600 0 0
CENTIGRAM COMMUNICATIONS CORP. COM 152317103 3228 326900 SH SOLE 326900 0 0
CHASTAIN CAPITAL CORP. COM 161697107 161 30000 SH SOLE 30000 0 0
CNY FINANCIAL CORP. COM 12613U107 484 39500 SH SOLE 39500 0 0
COMMERCIAL ASSETS, INC. COM 20118106 146 29500 SH SOLE 29500 0 0
COMMERCIAL FEDERALD COM 201607108 1427 61543 SH SOLE 61543 0 0
CONSOLIDATED TOMOKA COM 210226106 509 37000 SH SOLE 37000 0 0
CREDENCE SYSTEMS CORP. NT CV 225302AC2 396 500000 PRN SOLE 500000 0 0
CUMMINS ENGINE CO., INC. COM 231021106 8891 250000 SH SOLE 250000 0 0
CYMER, INC. SB NT 232572AC1 367 450000 PRN SOLE 450000 0 0
CYPRESS SEMICONDUCTORS SB NT 232806AD1 291 325000 PRN SOLE 325000 0 0
DANIELSON HOLDING CORP. COM 236274106 2311 803669 SH SOLE 803669 0 0
DATASCOPE CORP. COM 238113104 9242 342300 SH SOLE 342300 0 0
DELTIC TIMBER CORP. COM 247850100 5734 240800 SH SOLE 240800 0 0
ECHELON INTL CORP. COM 278747100 175 8900 SH SOLE 8900 0 0
ELECTRO SCIENTIFIC INDUSTRIES COM 285229100 74646 1605300 SH SOLE 1605300 0 0
ELECTROGLAS INC. COM 285324109 27057 2101500 SH SOLE 2101500 0 0
ELECTRONICS FOR IMAGING COM 286082102 254 6500 SH SOLE 6500 0 0
ENHANCE FINANCIAL SERVICE GROUP, INC. COM 293310108 14276 627500 SH SOLE 627500 0 0
EVANS & SUTHERLAND COMPUTER CORP. COM 299096107 4564 380300 SH SOLE 380300 0 0
FBL FINANCIAL GROUP, INC. CL A 3239F106 3177 179000 SH SOLE 179000 0 0
FDP CORPORATION COM 302905104 1304 81500 SH SOLE 81500 0 0
FINANCIAL SECURITY ASSURANCE HOLDINGS COM 31769P100 53362 1075300 SH SOLE 1075300 0 0
FIRST AMERICAN FINANCIAL CORP. COM 318522307 50640 3202500 SH SOLE 3202500 0 0
FOREST CITY ENTERPRISES, INC. CL A 345550107 13690 566000 SH SOLE 566000 0 0
FOREST CITY ENTERPRISES, INC. CL B 345550305 179 7500 SH SOLE 7500 0 0
FSI INTERNATIONAL, INC. COM 302633102 19909 3318200 SH SOLE 3318200 0 0
FUND AMERICAN ENTERPRISES HOLDINGS COM 360768105 6653 50000 SH SOLE 50000 0 0
GASONICS INTL CORP COM 367278108 6949 631700 SH SOLE 631700 0 0
GLEASON CORP. COM 377339106 2043 120600 SH SOLE 120600 0 0
GLENAYRE TECHNOLOGIES, INC. COM 377899109 5520 1605800 SH SOLE 1605800 0 0
GOLDEN STATE BANCORP, INC. COM 381197102 4390 197307 SH SOLE 197307 0 0
GOLDEN STATE BANCORP, INC. WT EXP 381197128 856 53480 SH SOLE 53480 0 0
GOLDEN STATE BANCORP, INC. WT EXP 381197136 956 197307 SH SOLE 197307 0 0
H&Q LIFE SCIENCES INVESTORS SH BEN 404053100 1547 140600 SH SOLE 140600 0 0
HMT TECHNOLOGY CORP. SB NT 403917AD9 155 300000 PRN SOLE 300000 0 0
HOLOGIC, INC. COM 436440101 11559 1275500 SH SOLE 1275500 0 0
HOMEBASE, INC. COM 43738E108 1891 426100 SH SOLE 426100 0 0
HYPERCOM CORP COM 44913M105 2703 424000 SH SOLE 424000 0 0
IMPERIAL CREDIT COMMERCIAL COM 452729906 9895 1028000 SH SOLE 1028000 0 0
INTEGRATED SYSTEMS, INC. COM 45812M104 1983 154800 SH SOLE 154800 0 0
ITRON, INC. SB NT 465741AC0 287 400000 PRN SOLE 400000 0 0
J&J SNACK FOODS CORP COM 466032109 6601 328000 SH SOLE 328000 0 0
JEFFERIES GROUP INC. COM 472318104 10607 223600 SH SOLE 223600 0 0
JOHN NUVEEN CL A 478035108 6838 163300 SH SOLE 163300 0 0
KEY ENERGY SERVICES, INC. SB NT 492914AF3 144 300000 PRN SOLE 300000 0 0
KLA-TENCOR CORP. COM 482480100 17929 369200 SH SOLE 369200 0 0
KOGER EQUITY, INC. COM 500228101 19052 1417836 SH SOLE 1417836 0 0
LAM RESEARCH CORP COM 512807108 10916 376400 SH SOLE 376400 0 0
LASALLE RE HOLDINGS ORD G5383Q101 1267 85917 SH SOLE 85917 0 0
LEGG MASON INC. COM 524901105 30094 893332 SH SOLE 893332 0 0
LETCHWORTH IND BANCSHARES CORP. COM 527251102 780 60000 SH SOLE 60000 0 0
LEUCADIA NATIONAL CORP. COM 527288104 20150 666100 SH SOLE 666100 0 0
LIBERTY FINANCIAL COMPANIES INC. COM 530512102 12205 518000 SH SOLE 518000 0 0
LIBERTY HOMES, INC. CL A 530582204 868 89000 SH SOLE 89000 0 0
LIBERTY HOMES, INC. CL B 530582303 430 40000 SH SOLE 40000 0 0
LNR PROPERTY, CORP. COM 501940100 466 23600 SH SOLE 23600 0 0
MARSHALL & ISLEY CORPORATION COM 571834100 5397 97352 SH SOLE 97352 0 0
MBIA COM 55262C100 29638 510997 SH SOLE 510997 0 0
NABORS INDUSTRIES COM 629568106 28136 1547000 SH SOLE 1547000 0 0
NCR CORP. COM 62886E108 20440 408800 SH SOLE 408800 0 0
NOVELL, INC. COM 670006105 2519 100000 SH SOLE 100000 0 0
P-COM, INC. SB NT 693262AC1 352 500000 PRN SOLE 500000 0 0
PALM HARBOR HOMES COM 696639103 367 16875 SH SOLE 16875 0 0
PEOPLE'S HERITAGE FINANCIAL GROUP, INC. COM 711147108 1252 69566 SH SOLE 69566 0 0
PHOTRONICS INC. COM 719405102 5588 300000 SH SOLE 300000 0 0
PHYMATRIX CORP. SB DB 718925AC4 14613 31174000 PRN SOLE 31174000 0 0
PICTURETEL CORP. COM 720035302 1131 161500 SH SOLE 161500 0 0
PLANAR SYSTEMS INC. COM 726900103 6391 831300 SH SOLE 831300 0 0
POGO PRODUCING CO. SB NT 730448AE7 217 300000 PRN SOLE 300000 0 0
PRIME GROUP REALTY TRUST SH BEN 74158J103 186 14000 SH SOLE 14000 0 0
PROTOCOL SYSTEMS INC. COM 74371R106 7474 1245600 SH SOLE 1245600 0 0
PUBLIC STORAGE, INC. COM 74460D109 21 846 SH SOLE 846 0 0
RAYMOND JAMES FINANCIAL INC. COM 754730109 22085 1118250 SH SOLE 1118250 0 0
RELIASTAR FINANCIAL CORP. COM 75952U103 18522 434536 SH SOLE 434536 0 0
RISK CAPITAL HOLDINGS INC. COM 767711104 7153 472900 SH SOLE 472900 0 0
ROFIN-SINAR TECHNOLOGIES INC. COM 775043102 685 101500 SH SOLE 101500 0 0
SAWAKO CORP. ADR 805444205 2294 431900 SH SOLE 431900 0 0
SBARRO INC. COM 805844107 4563 172200 SH SOLE 172200 0 0
SECURITY CAPITAL GROUP, INC. CL B 81413P204 247 18500 SH SOLE 18500 0 0
SILICON VALLEY GROUP INC. COM 827066101 54792 4450100 SH SOLE 4450100 0 0
SKYLINE CORP. COM 830830105 5114 184300 SH SOLE 184300 0 0
SPARTON CORP COM 847235108 443 77000 SH SOLE 77000 0 0
SPECTRAN CORP. COM 847598109 1855 490600 SH SOLE 490600 0 0
SPEEDFAM INTERNATIONAL INC. COM 847706108 23514 1959500 SH SOLE 1959500 0 0
ST. JOE CORP. COM 790148100 6237 257200 SH SOLE 257200 0 0
ST. JUDE MEDICAL INC. COM 790849103 2212 90750 SH SOLE 90750 0 0
STEWART INFORMATION SERVICES CORP. COM 860372101 32747 975700 SH SOLE 975700 0 0
TECUMSEH PRODUCTS CO. CL A 878895200 6856 134600 SH SOLE 134600 0 0
TECUMSEH PRODUCTS CO. CL B 878895101 19248 424200 SH SOLE 424200 0 0
TEJON RANCH CO. COM 879080109 47656 3245508 SH SOLE 3245508 0 0
TEXAS MICRO INC. COM 88255T103 2333 612000 SH SOLE 612000 0 0
TOKIO MARINE & FIRE INSURANCE ADR 889090403 57292 1020800 SH SOLE 1020800 0 0
UNITED INVESTORS REALTY TRUST COM 910741107 183 25000 SH SOLE 25000 0 0
VALUE CITY DEPT. STORES, INC. COM 920387107 2552 261700 SH SOLE 261700 0 0
VALUEVISION INTL INC. CL A 92047K107 1720 139700 SH SOLE 139700 0 0
VEECO INSTRUMENTS INC. COM 922417100 24497 663200 SH SOLE 663200 0 0
VERTEX COMMUNICATIONS CORP. COM 925320103 4891 306900 SH SOLE 306900 0 0
WELLSFORD REAL PPTYS INC COM 95240101 228 26000 SH SOLE 26000 0 0
WEIS MARKETS INC. COM 948849104 3982 109100 SH SOLE 109100 0 0
WINSTAR COMMUNICATIONS INC. COM 975515107 24 662 SH SOLE 662 0 0
XIRCOM INC. COM 983922105 2724 108400 SH SOLE 108400 0 0
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