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
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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: CROFT-LEOMINSTER, INC.
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Address: 207 East Redwood Street, Suite 802
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Baltimore, MD 21202
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Form 13F File Number: 28-_____________________
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: Carla Reedinger
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Title: Assistant Vice President
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Phone: 410-576-8231
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Signature, Place, and Date of Signing:
/s/ Carla Reedinger Baltimore, MD May 3, 1999
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[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.
[ ] 13F 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).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
NONE
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Form 13F SUMMARY PAGE
Report Summary:
Number of Included Managers: 0
Form 13F Information Table Entry Total: 120
Form 13F Information Table Value Total: $ 234.8741
List of Other Included Managers: N/A
NONE
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<TABLE>
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FORM 13F INFORMATION TABLE
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
-------------- -------------- ----- -------- ------- --- ---- ------- -------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A T & T Corp COM 001957109 $ 0.7840 9,823 SH SOLE 9,823
- ------------------------------------------------------------------------------------------------------------------------------------
Advanced Lighting Techs COM 00753C102 $ 0.1223 15,775 SH SOLE 15,775
- ------------------------------------------------------------------------------------------------------------------------------------
Advanced Micro Devices COM 007903107 $ 1.9394 125,124 SH SOLE 125,124
- ------------------------------------------------------------------------------------------------------------------------------------
Aetna Inc COM 008117103 $ 0.8499 10,240 SH SOLE 10,240
- ------------------------------------------------------------------------------------------------------------------------------------
Agrium Inc. COM 008916108 $ 0.9886 107,601 SH SOLE 107,601
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Aluminum Co of America COM 013817101 $ 0.3900 9,470 SH SOLE 9,470
- ------------------------------------------------------------------------------------------------------------------------------------
Alliance World Dollar Gvt II COM 01879R106 $ 0.2151 23,100 SH SOLE 23,100
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Allmerica Financial Corp COM 019754100 $ 5.6326 102,295 SH SOLE 102,295
- ------------------------------------------------------------------------------------------------------------------------------------
Allstate Corp COM 020002101 $ 0.8956 24,165 SH SOLE 24,165
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Alpine Group, Inc. COM 020825105 $ 0.3049 30,109 SH SOLE 30,109
- ------------------------------------------------------------------------------------------------------------------------------------
American Home Products Corp COM 026609107 $ 5.0010 76,644 SH SOLE 76,644
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Ameritech COM 030954101 $ 0.2593 4,500 SH SOLE 4,500
- ------------------------------------------------------------------------------------------------------------------------------------
Anadarko Petroleum Corp COM 032511107 $ 1.0447 27,675 SH SOLE 27,675
- ------------------------------------------------------------------------------------------------------------------------------------
Apache Corp COM 037411105 $ 0.6737 25,850 SH SOLE 25,850
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Asia Tigers Fund Inc COM 04516T105 $ 0.4851 69,300 SH SOLE 69,300
- ------------------------------------------------------------------------------------------------------------------------------------
Assisted Living Concepts, Inc COM 04543L109 $ 0.0713 20,000 SH SOLE 20,000
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Astoria Financial Corp COM 046265104 $ 1.8603 37,205 SH SOLE 37,205
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Atlantic Richfield COM 048825103 $ 0.2483 3,396 SH SOLE 3,396
- ------------------------------------------------------------------------------------------------------------------------------------
Bank United Corp. - Cl A CL A 065412108 $ 2.0178 49,365 SH SOLE 49,365
- ------------------------------------------------------------------------------------------------------------------------------------
BankAtlantic Bancorp, Inc. CL A 065908501 $ 0.2196 31,100 SH SOLE 31,100
- ------------------------------------------------------------------------------------------------------------------------------------
Bellwether Exploration Co COM NEW 079895207 $ 1.7509 491,469 SH SOLE 491,469
- ------------------------------------------------------------------------------------------------------------------------------------
Benton Oil & Gas Co COM 083288100 $ 0.2614 72,120 SH SOLE 72,120
- ------------------------------------------------------------------------------------------------------------------------------------
Bethlehem Steel $5.00 cv. pfd PFD CV $5 087509303 $ 0.7156 13,100 SH SOLE 13,100
- ------------------------------------------------------------------------------------------------------------------------------------
Blackrock Invt Quality Muni COM 09247D105 $ 0.2645 17,200 SH SOLE 17,200
- ------------------------------------------------------------------------------------------------------------------------------------
Boise Cascade Corp COM 097383103 $ 7.9380 246,140 SH SOLE 246,140
- ------------------------------------------------------------------------------------------------------------------------------------
Bowater Inc COM 102183100 $ 0.2427 6,125 SH SOLE 6,125
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Burlington Resources Inc COM 122014103 $ 0.8061 20,185 SH SOLE 20,185
- ------------------------------------------------------------------------------------------------------------------------------------
CBS Inc COM 12490K107 $ 17.0783 418,457 SH SOLE 418,457
- ------------------------------------------------------------------------------------------------------------------------------------
Capital One Financial Corp COM 14040H105 $ 8.7267 57,793 SH SOLE 57,793
- ------------------------------------------------------------------------------------------------------------------------------------
Case Corporation COM 14743R103 $ 0.2034 8,017 SH SOLE 8,017
- ------------------------------------------------------------------------------------------------------------------------------------
Central European Equity Fund Inc COM 153436100 $ 1.6575 137,411 SH SOLE 137,411
- ------------------------------------------------------------------------------------------------------------------------------------
Champion Enterprises Inc COM 158496109 $ 0.6326 32,650 SH SOLE 32,650
- ------------------------------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank COM 16161A108 $ 2.3367 28,715 SH SOLE 28,715
- ------------------------------------------------------------------------------------------------------------------------------------
Citigroup, Inc. COM 172967101 $ 14.5465 227,735 SH SOLE 227,735
- ------------------------------------------------------------------------------------------------------------------------------------
Coca-Cola Co COM 191216100 $ 0.5767 9,396 SH SOLE 9,396
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Colonial Invest Grd Muni Tr SH BEN INT 195768106 $ 0.2675 24,185 SH SOLE 24,185
- ------------------------------------------------------------------------------------------------------------------------------------
Comstock Resources Inc COM NEW 205768203 $ 1.2516 408,680 SH SOLE 408,680
- ------------------------------------------------------------------------------------------------------------------------------------
Conseco Inc COM 208464107 $ 0.4724 15,300 SH SOLE 15,300
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Corn Products International COM 219023108 $ 1.1145 46,560 SH SOLE 46,560
- ------------------------------------------------------------------------------------------------------------------------------------
Crescent Real Estate Equities COM 225756105 $ 0.2365 11,000 SH SOLE 11,000
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Crompton & Knowles Corp COM 227111101 $ 0.2725 17,300 SH SOLE 17,300
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Dana Corporation COM 235811106 $ 1.7604 46,325 SH SOLE 46,325
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Dime Bancorp Inc COM 25429Q102 $ 1.4678 63,300 SH SOLE 63,300
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Dresdner RCM Europe Fund COM 26156W106 $ 1.4580 121,500 SH SOLE 121,500
- ------------------------------------------------------------------------------------------------------------------------------------
Dreyfus Strategic Municipals I COM 261932107 $ 0.2157 22,700 SH SOLE 22,700
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Dreyfus Strategic Muni Bond Fu COM 26202F107 $ 0.4061 44,200 SH SOLE 44,200
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Dura Pharmaceuticals COM 26632S109 $ 0.2175 15,400 SH SOLE 15,400
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El Paso Energy COM 283905107 $ 0.2055 6,288 SH SOLE 6,288
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Elan Corp PLC - Spons ADR ADR 284131208 $ 0.2173 3,115 SH SOLE 3,115
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Equitable Companies Inc COM 29444G107 $ 0.7420 10,600 SH SOLE 10,600
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Equity Oil Co COM 294749106 $ 0.9155 976,500 SH SOLE 976,500
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Esenjay Exploration Inc COM 296426109 $ 0.0562 44,994 SH SOLE 44,994
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Fairchild Corp. CL A 303698104 $ 0.2542 24,950 SH SOLE 24,950
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Federal-Mogul Corp COM 313549107 $ 13.7497 321,630 SH SOLE 321,630
- ------------------------------------------------------------------------------------------------------------------------------------
Felcor Lodging Trust COM 31430F101 $ 0.2713 11,700 SH SOLE 11,700
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First Australia Prime Income COM 318653102 $ 0.3387 55,300 SH SOLE 55,300
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First Union Corp COM 337358105 $ 2.8156 52,689 SH SOLE 52,689
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Foster Wheeler Corp COM 350244109 $ 0.5481 45,200 SH SOLE 45,200
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Foundation Health Services, Inc COM 350404109 $ 0.7514 61,650 SH SOLE 61,650
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Franklin Resources Inc COM 354613101 $ 4.9089 174,540 SH SOLE 174,540
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Freeport McMoran Copper & Gold CL B 35671D857 $ 0.1106 10,167 SH SOLE 10,167
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GTE Corp COM 362320103 $ 0.4755 7,860 SH SOLE 7,860
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Gaylord Container Corporation CL A 368145108 $ 0.3113 41,500 SH SOLE 41,500
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General Electric Co COM 369604103 $ 0.5896 5,330 SH SOLE 5,330
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General Motors COM 370442105 $ 0.2466 2,835 SH SOLE 2,835
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Gothic Energy Corp COM 383482106 $ 0.4688 833,400 SH SOLE 833,400
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Great Lakes Chemical Corp COM 390568103 $ 0.2426 6,600 SH SOLE 6,600
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M.A. Hanna Company COM 410522106 $ 0.3203 25,000 SH SOLE 25,000
- ------------------------------------------------------------------------------------------------------------------------------------
Hartford Financial Services Gr COM 416515104 $ 8.0406 141,528 SH SOLE 141,528
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Hibernia Corp Class A CL A 428656102 $ 2.0515 155,565 SH SOLE 155,565
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Highlands Insurance Group COM 431032101 $ 1.4041 132,930 SH SOLE 132,930
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Highwoods Properties, Inc. COM 431284108 $ 0.2686 11,400 SH SOLE 11,400
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Hussmann International Inc. COM 448110106 $ 0.1814 12,350 SH SOLE 12,350
- ------------------------------------------------------------------------------------------------------------------------------------
Illinova Corp. COM 452317100 $ 0.6716 31,700 SH SOLE 31,700
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The India Fund Inc COM 454089103 $ 0.0984 10,500 SH SOLE 10,500
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Infinity Corp COM NEW 45663L403 $ 0.0778 38,875 SH SOLE 11,950
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Insured Municipal Income Fund COM 45809F104 $ 0.3862 27,100 SH SOLE 27,100
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Integrated Health Services COM 45812C106 $ 0.3011 54,750 SH SOLE 54,750
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MSDW Insured Municipal Trust SH BEN INT 45844D106 $ 0.1800 11,567 SH SOLE 11,567
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International Game Technology COM 459902102 $ 0.2779 19,000 SH SOLE 19,000
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Jardine Fleming India Fund COM 471112102 $ 0.2793 39,900 SH SOLE 39,900
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Kansas City Southern Inds COM 485170104 $ 26.2362 460,285 SH SOLE 460,285
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Kennametal, Inc. COM 489170100 $ 0.6812 38,650 SH SOLE 38,650
- ------------------------------------------------------------------------------------------------------------------------------------
Kinder Morgan Energy Partners UT LTD PARTNER 494550106 $ 1.0875 31,407 SH SOLE 31,407
- ------------------------------------------------------------------------------------------------------------------------------------
Koninklije Philips Electronics SPONSORED ADR 500472105 $ 7.9828 96,835 SH SOLE 96,835
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Lyondell Chemical Company COM 552078107 $ 1.0112 73,875 SH SOLE 73,875
- ------------------------------------------------------------------------------------------------------------------------------------
MCI Worldcom Inc. COM 55268B106 $ 10.7138 120,974 SH SOLE 120,974
- ------------------------------------------------------------------------------------------------------------------------------------
Magnum Hunter Resources Inc COM PAR $0.002 55972F203 $ 0.3565 124,000 SH SOLE 124,000
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Mallon Resources Corp COM NEW 561240201 $ 0.1320 17,600 SH SOLE 17,600
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McKesson HBOC, Inc COM 58155Q103 $ 1.7909 27,135 SH SOLE 27,135
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MediaOne Group Inc. COM 58440J104 $ 0.4713 7,430 SH SOLE 7,430
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Mellon Bank Corp COM 585509102 $ 10.2617 145,815 SH SOLE 145,815
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Merck & Co COM 589331107 $ 0.5229 6,526 SH SOLE 6,526
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Meridian Resource Corp COM 58977Q109 $ 2.7775 822,964 SH SOLE 822,964
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Metris Companies, Inc. COM 591598107 $ 0.4441 11,000 SH SOLE 11,000
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Millenium Chemicals Inc COM 599903101 $ 0.2619 13,175 SH SOLE 13,175
- ------------------------------------------------------------------------------------------------------------------------------------
Morgan Stanley Emerg Mkt Debt COM 61744H105 $ 0.1632 21,756 SH SOLE 21,756
- ------------------------------------------------------------------------------------------------------------------------------------
Morgan Stanley Asia-Pacific FD COM 61744U106 $ 0.4166 52,070 SH SOLE 52,070
- ------------------------------------------------------------------------------------------------------------------------------------
Morgan Stanley India Invt FD COM 61745C105 $ 0.2966 32,500 SH SOLE 32,500
- ------------------------------------------------------------------------------------------------------------------------------------
MSDW Municipal Income Trust II SH BEN INT 626217103 $ 0.2223 24,700 SH SOLE 24,700
- ------------------------------------------------------------------------------------------------------------------------------------
MSDW Municipal Income Opp Tr I SH BEN INT 62621T105 $ 0.2701 29,000 SH SOLE 29,000
- ------------------------------------------------------------------------------------------------------------------------------------
NL Industries Inc COM NEW 629156407 $ 0.5220 58,000 SH SOLE 58,000
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Newell Co COM 651192106 $ 2.5917 54,562 SH SOLE 54,562
- ------------------------------------------------------------------------------------------------------------------------------------
News Corp LTD ADR ADR NEW 652487709 $ 0.3186 10,800 SH SOLE 10,800
- ------------------------------------------------------------------------------------------------------------------------------------
NEXTEL Communications CL A 65332V103 $ 0.3919 10,700 SH SOLE 10,700
- ------------------------------------------------------------------------------------------------------------------------------------
Oak Industries Inc COM NEW 671400505 $ 0.5080 16,000 SH SOLE 16,000
- ------------------------------------------------------------------------------------------------------------------------------------
Owens-Corning COM 69073F103 $ 7.9522 249,972 SH SOLE 249,972
- ------------------------------------------------------------------------------------------------------------------------------------
PNC Bank Corp COM 693475105 $ 0.6322 11,379 SH SOLE 11,379
- ------------------------------------------------------------------------------------------------------------------------------------
Panaco Inc COM 698106101 $ 1.5483 1,651,500 SH SOLE 1,651,500
- ------------------------------------------------------------------------------------------------------------------------------------
PepsiCo, Inc COM 713448108 $ 6.5567 167,317 SH SOLE 167,317
- ------------------------------------------------------------------------------------------------------------------------------------
Portugal Fund COM 737265108 $ 0.1758 12,900 SH SOLE 12,900
- ------------------------------------------------------------------------------------------------------------------------------------
Potash Corp of Saskatchewan COM 73755L107 $ 0.2503 4,679 SH SOLE 4,679
- ------------------------------------------------------------------------------------------------------------------------------------
Potomac Electric Power Co. COM 737679100 $ 0.2488 10,728 SH SOLE 10,728
- ------------------------------------------------------------------------------------------------------------------------------------
Praxair Inc COM 74005P104 $ 0.2495 6,919 SH SOLE 6,919
- ------------------------------------------------------------------------------------------------------------------------------------
Prison Realty Corp. COM 74264N105 $ 0.3147 18,050 SH SOLE 18,050
- ------------------------------------------------------------------------------------------------------------------------------------
Provident Bankshares Corp. COM 743859100 $ 2.6074 99,806 SH SOLE 99,806
- ------------------------------------------------------------------------------------------------------------------------------------
Putnam Inv Grade Muni Tr III SH BEN INT 746807106 $ 0.3065 22,600 SH SOLE 22,600
- ------------------------------------------------------------------------------------------------------------------------------------
Qwest Communications Intl Inc. COM 749121109 $ 9.3069 129,095 SH SOLE 129,095
- ------------------------------------------------------------------------------------------------------------------------------------
Reliance Group Holdings COM 759464100 $ 0.3875 50,400 SH SOLE 50,400
- ------------------------------------------------------------------------------------------------------------------------------------
Westwood One Inc COM 961815107 $ 0.2651 9,300 SH SOLE 9,300
- ------------------------------------------------------------------------------------------------------------------------------------
$234.8741 11,587,116
</TABLE>
