UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
THIS FILING LISTS SECURITIES HOLDINGS REPORTED ON THE FORM 13F FILED ON
MAY 12, 1998 PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FOR WHICH
CONFIDENTIAL TREATMENT EXPIRED ON MAY 15, 1999.
Report for the Calendar Year or Quarter Ended: March 31, 1998
Check here if Amendment [X]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[X] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: M.H. Davidson & Co., L.L.C.
Address: 885 Third Avenue Suite 3300
New York, NY 10022
13F File Number: 28-4666
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: Thomas L. Kempner Jr.
Title: Member
Phone: 212-371-3966
Signature, Place, and Date of Signing:
Thomas L. Kempner Jr. New York May 13, 1999
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
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Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 65
Form 13F Information Table Value Total: 671,113,003
List of Other Included Managers:
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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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------
ACC CORP CS 000794107 16430 310000 SH SOLE 310000
AHMANSON CORP CS 008677106 9347 120600 SH SOLE 120600
ALUMAX CS 022197107 9038 200000 SH SOLE 200000
AMERICAN BANKER'S INSURANCE CS 024456105 58121 901100 SH SOLE 901100
BANDAG CLA CS 059815308 341 6400 SH SOLE 6400
COEUR DALENE MINES CORP CS 192108108 363 28200 SH SOLE 28200
COHERENT SYSTEMS CS 192478105 2878 62400 SH SOLE 62400
CONTINENTAL HOMES CS 21148C102 8128 174800 SH SOLE 174800
CORESTATES FINANCIAL CORP CS 218695104 449 5000 SH SOLE 5000
CORPORATE EXPRESS CS 219888104 14983 1503000 SH SOLE 1503000
CULLIGAN WATER CS 230029100 32730 549500 SH SOLE 549500
DIGITAL EQUIPMENT CS 253849103 53594 1024500 SH SOLE 1024500
DRESSER INDUSTRIES CS 261597108 1202 25000 SH SOLE 25000
DYNATECH - OLD CS 268138104 7985 165700 SH SOLE 165700
ECHLIN CORP CS 278749106 25204 480640 SH SOLE 480640
ELDER BEERMAN STORES CS 284470101 6612 298838 SH SOLE 292475
EVI CORP CS 268939105 41714 900700 SH SOLE 900700
EXCEL CS G3242A102 15500 200000 SH SOLE 200000
FIRST EXECUTIVE CORP. CS 320135999 0 270400 SH SOLE 270400
FRIENDLY'S ICE CREAM - COMMON CS 358497105 329 33346 SH SOLE 33346
GAURDIAN BANCORP WTS WT 401321120 0 125000 SH SOLE 125000
GETTY REALTY CORP. NEW CS 374297109 3145 137100 SH SOLE 137100
GM HUGHES ELECTRONICS CS 370442832 4254 94000 SH SOLE 94000
GULFPORT ENERGY CS 402635106 660 203000 SH SOLE 203000
INTERGRATED MICRO PRODUCTS CS 45812R996 0 42355 SH SOLE 42355
INTERSTATE HOTELS CS 460886104 8929 244800 SH SOLE 244800
JOHN ALDEN CS 477838106 1589 75000 SH SOLE 75000
LA QUINTA INNS CS 504195108 29801 1419100 SH SOLE 1419100
LCI INTERNATIONAL CS 501813109 12539 325700 SH SOLE 325700
LNR PROPERTY CORP CS 501940100 6845 255900 SH SOLE 255900
LOCKHEED MARTIN CS 539830109 2453 21800 SH SOLE 21800
MCIC COMMUNICATIONS CS 552673105 73082 1476400 SH SOLE 1476400
MID OCEAN CS G61061100 4890 63100 SH SOLE 63100
NOEL GROUP CS 655260107 3553 1386500 SH SOLE 1386500
NORTHROP GRUMMAN CS 666807102 23078 214800 SH SOLE 214800
NUCO INC WARRANTS WT 383 153005 SH SOLE 153005
PHARMERICA CS 717135107 2047 137600 SH SOLE 137600
PROSPECT GROUP CS 742918501 73 489910 SH SOLE 489910
QUINTETTE COAL (USD) BD 2720 85014 SH SOLE 85014
QWEST COMMUNICATIONS CS 749121109 10166 261500 SH SOLE 261500
RAYTECH GROUP CS 755103108 120 23500 SH SOLE 23500
RAYTHEON CLASS A CS 755111309 18856 331532 SH SOLE 331532
RESURGENCE PROPERTIES COMMON ( CS 76126R109 500 500000 SH SOLE 500000
RESURGENCE PROPERTIES COMMON ( CS 76126R109 767 767400 SH SOLE 767400
S & C CLAIM UNITS CS 1896 291763 SH SOLE 291763
SAFETY KLEEN CS 786484105 29635 1029000 SH SOLE 1029000
SBARRO INC. CS 805844107 7416 251400 SH SOLE 251400
SCOPUS TECHNOLOGY CS 809172109 2282 113400 SH SOLE 113400
SIGNET GROUP PLC PS 82668L872 2937 143272 SH SOLE 143272
SOUTHDOWN INC CS 841297104 467 6706 SH SOLE 6706
SOUTHERN NEW ENGLAND TELECOM CS 843485103 21462 296800 SH SOLE 296800
SPX INC. CS 784635104 11065 145000 SH SOLE 145000
STATION CASINOS CS 857689103 3693 250400 SH SOLE 250400
TAKECARE INC CS 874055585 0 93600 SH SOLE 90800
THE ENERGY GROUP PLC. ADR CS 292691102 5372 95400 SH SOLE 95400
THE MONEY STORE CS 60934T101 965 30200 SH SOLE 30200
TRIAD PARK CS 895814101 2053 1153300 SH SOLE 1153300
US FILTER CS 911843209 12891 367000 SH SOLE 367000
US OFFICE PDT. CS 912325107 19967 1050900 SH SOLE 1050900
USF & G CS 903290104 5736 230000 SH SOLE 230000
VALUETRON RTS RT 0 385400 SH SOLE 385400
WASTE MANAGEMENT CS 94106K101 1541 50000 SH SOLE 50000
WEATHERFORD CS 947071106 3095 72926 SH SOLE 72926
WILLIAMS CO. CS 969457100 23241 726270 SH SOLE 726270
XRC Corporation CS 983803107 3 232228 SH SOLE 227167
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