UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year of Quarter Ended: March 31, 1998
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: Yale University
Address: 230 Prospect Street
New Haven, CT 06511-2107
13F File Number: 28-4780
The institutional investment manager filing this report and the person by
whom it is signed hereby represent that the person filing the report is
authoritzed 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 table are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Person:
Name: David F. Swensen
Title: Chief Investment Officer
Phone: (203) 432-0119
Signature, Place and Date of Signing:
David F. Swensen New Haven, CT May 12, 1999
Report Type Icheck only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Manager Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANG 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: 53
Form 13F Information Table Value Total: $289,403
List of Other Included Managers:
None
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FORM 13F INFORMATION TABLE
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ITEM 1: ITEM 2: ITEM 3: ITEM 4 ITEM 5: ITEM 6: ITEM 7: ITEM 8:
NAME OF CLASS CUSIP VALUE SHARES/ PUT/ INVEST OTHER VOTING
ISSUER TITLE NUMBER (X$1,000) PRN AMT CALL DSCRET'N MANAG'S AUTHORITY
<S> <C> <C> <C> <C> <C> <C> <C> <C>
AMAZON.COM INC COM 023135-10-6 13,270 77,068.00 SOLE SOLE
AMERICAN HOME PROD. CORP COM 026609-10-7 1,316 20,176.00 SOLE SOLE
AMERICAN INT'L GROUP COM 026874-10-7 5,917 49,050.00 SOLE SOLE
AMERICAN SELECT PORT. INC COM 029570-10-8 4,005 330,290.00 SOLE SOLE
AMERICAN STRAT INCM PORT II COM 030099-10-5 7,206 604,485.00 SOLE SOLE
AMERICAN STRAT PORT INC III COM 03009T-10-1 5,208 447,984.00 SOLE SOLE
AMERICAN STRATEGIC INC PORT. COM 030098-10-7 3,382 286,299.00 SOLE SOLE
AMERIPATH INC COM 03071D-10-9 273 30,290.00 SOLE SOLE
ARTHROCARE CORP COM 043136-10-0 613 37,161.00 SOLE SOLE
BP AMOCO PLC (FKA AMOCO) COM 055622-10-4 215 2,133.00 SOLE SOLE
BAKER FENTRESS COM 057213-10-0 30,866 2,049,214.00 SOLE SOLE
BOSTON PROPERTIES INC COM 101121-10-1 8,286 262,000.00 SOLE SOLE
CATELLUS DEVELOPMENT CORP. COM 149111-10-6 6,952 519,800.00 SOLE SOLE
CENTERTRUST RETAIL PPTY COM 152038-10-5 231 20,100.00 SOLE SOLE
CLARIFY INC COM 180492-10-0 703 26,331.00 SOLE SOLE
CRESTLINE CAPITAL CORP COM 226153-10-4 1,384 90,000.00 SOLE SOLE
DOUBLECLICK INC COM 258609-30-4 295 1,621.00 SOLE SOLE
FANSTEEL INC. DEL COM 307260-10-9 187 36,432.00 SOLE SOLE
FOREST CITY ENTERPRISES INC CL A 345550-10-7 6,833 282,500.00 SOLE SOLE
GEORGIA GULF CORP COM 373200-20-3 258 23,050.00 SOLE SOLE
H & Q HEALTHCARE FD SHBENINT 404052-10-2 18,453 1,405,963.00 SOLE SOLE
H & Q LIFE SCIENCES INV. SHBENINT 404053-10-0 6,173 561,163.00 SOLE SOLE
HOST MARRIOTT CORP (NEW COM 44107P-10-4 10,013 900,000.00 SOLE SOLE
IHOP CORP NEW COM 449623-10-7 8,572 218,400.00 SOLE SOLE
INCYTE PHARMACEUTICALS INC COM 45337C-10-2 369 18,409.00 SOLE SOLE
INFORMATION ADVANTAGE INC COM 45669P-10-1 367 55,418.00 SOLE SOLE
JOHNSON & JOHNSON COM 478160-10-4 2,993 32,013.00 SOLE SOLE
MEDITRUST CORP PAIR CTF 58501T-30-6 1,901 152,865.00 SOLE SOLE
MEGABIOS CORP DEL COM 58515T-10-2 106 25,718.00 SOLE SOLE
METTLER TOLEDO INT'L INC COM 592688-10-5 5,409 218,560.00 SOLE SOLE
MICROSOFT CORP COM 594918-10-4 3,083 34,396.00 SOLE SOLE
MICROCIDE PHARMAC. INC COM 595018-10-2 414 100,378.00 SOLE SOLE
MORGAN STANLEY D. W. GOV'T SHBENINT 61745P-10-6 27,022 3,110,400.00 SOLE SOLE
NAB ASSET CORP COM 628712-20-0 141 109,040.00 SOLE SOLE
NORTHERN TELECOM LTD COM 665815-10-6 418 6,729.60 SOLE SOLE
ONSALE INC COM 682838-10-7 972 28,956.00 SOLE SOLE
ORIGINAL 16 TO ONE MINE COM 686203-10-0 18 22,500.00 SOLE SOLE
PHILIP MORRIS COS.INC COM 718154-10-7 2,270 64,512.00 SOLE SOLE
PREVIEW TRAVEL INC COM 74137R-10-1 332 17,486.00 SOLE SOLE
PRIME GROUP REALTY TRUST SHBENINT 74158J-10-3 3,975 300,000.00 SOLE SOLE
PROMUS HOTEL CORP COM 74342P-10-6 7,639 210,000.00 SOLE SOLE
RAYONIER INC COM 754907-10-3 8,305 207,300.00 SOLE SOLE
RECYCLING INDS INC COM 756285-10-2 4 17,500.00 SOLE SOLE
ROYCE GLOBAL TRUST INC COM 78080N-10-8 2,096 523,933.00 SOLE SOLE
ROYCE MICRO-CAP. TR INC COM 780915-10-4 1,817 244,264.00 SOLE SOLE
ROYCE VALUE TRUST INC COM 780910-10-5 32,747 2,894,750.00 SOLE SOLE
SPORTSLINE USA INC COM 838934-10-5 1,180 25,871.00 SOLE SOLE
TRIZEC HAHN CORP SUB VTG 896938-10-7 4,332 235,000.00 SOLE SOLE
WALDEN RESIDENTIAL PPTY INC RTS 931210-10-8 14,207 795,875.00 SOLE SOLE
WELLSFORD REAL PPTYS INC COM 950240-10-1 10,369 1,185,032.00 SOLE SOLE
WOLVERINE WORLD WIDE INC COM 978097-10-3 131 13,743.00 SOLE SOLE
YAHOO INC COM 984332-10-6 16,345 97,074.00 SOLE SOLE
TOTAL COLUMNS 289,403 19,029,232.60
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