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
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: Arthur D. Charpentier
Address: 660 White Plains Road
Suite 400
Tarrytown, New York 10591
Form 13F File Number: 28-6794
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: Arthur D. Charpentier
Title:
Phone: (914) 332-5063
<PAGE>
Signature, Place, and Date of Signing:
/s/ Arthur D. Charpentier Tarrytown, New York April 28, 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.)
[ ] 13F NOTICE. (Check here if no holdings reported are in
this report, and all holdings are reported by other
reporting manger(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.]
Form 13F File Number Name
28-
2
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 16
Form 13F Information Table Value Total: $168,812
[thousands]
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file
number(s) of all institutional investment managers with respect
to which this report is filed, other than the manager filing this
report.
[If there are no entries in this list, state "NONE" and omit the
column headings and list entries.]
No. Form 13F File Number Name
28-
3
<PAGE>
<TABLE>
Form 13F INFORMATION TABLE
<CAPTION>
COLUMN
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 7 COLUMN 8
- -------------------- ------------ --------- ------------- ------------------------- ----------- --- ----------------------
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHR VOTING AUTHORITY
NAME OF ISSUER OF CLASS CUSIP PRN AMT PRN CALL DISCRETION MGRS SOLE SHARED NONE
- ------------------- --------- --------- ------------ ----------- ---- ---- ----------- ---- -------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
C.H. Robinson
Worldwide, Inc. Common 12541W100 1,780,625 70,000 sole 70,000
Capital One Financial
Corp. Common 14040H105 39,441,200 261,200 sole 261,200
ChoicePoint Inc. Common 170388102 2,035,648 40,815 sole 40,815
Conseco Inc. Common 550819106 12,573,381 407,235 sole 407,235
Equifax Inc. Common 294429105 14,150,469 411,650 sole 411,650
Global Marine Inc. Common 379352404 1,420,446 120,889 sole 120,889
Gulf Canada Resources Common 40218L305 3,225,000 1,200,000 sole 1,200,000
Hub Group Inc. CL-A Common 443320106 1,187,500 50,000 sole 50,000
IndyMac Mortgage
Holdings Inc. Common 44977L100 11,010,938 1,012,500 sole 1,012,500
Litchfield Financial
Corp. Common 536619109 10,077,243 592,779 sole 592,779
Lydall Inc. Common 550819106 2,909,375 350,000 sole 350,000
National Data Corp. Common 635621105 17,409,000 414,500 sole 414,500
Ocean Energy Inc. Common 67481E106 350,000 50,000 sole 50,000
Schawk Inc. Common 806373106 6,902,269 707,925 sole 707,925
Charles Schwab Corp. Common 808513105 41,369,701 430,374 sole 430,374
Union Pacific
Resources Group Common 907834105 4,750,000 400,000 sole 400,000
COLUMN TOTAL 168,812,168
</TABLE>
[Repeat as necessary]
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