<PAGE> PAGE 1
000 A000000 05/31/99
000 C000000 0000943180
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 THE SERIES PORTFOLIO
001 B000000 811-9008
001 C000000 8099496644
002 A000000 ELIZABETH SQUARE, 2ND FL, SHEDDEN ROAD
002 B000000 GEORGE TOWN
002 E010000 GRAND CAYMAN
002 E020000 E9
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 5
007 C010100 1
007 C010200 2
007 C020200 THE EUROPEAN EQUITY PORTFOLIO
007 C030200 N
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C020600 THE INTERNATIONAL OPPORTUNITIES PORTFOLIO
007 C030600 N
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
<PAGE> PAGE 2
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
007 C014100 41
007 C014200 42
007 C014300 43
007 C014400 44
007 C014500 45
007 C014600 46
007 C014700 47
007 C014800 48
007 C014900 49
007 C015000 50
007 C015100 51
007 C015200 52
007 C015300 53
007 C015400 54
007 C015500 55
007 C015600 56
007 C015700 57
007 C015800 58
007 C015900 59
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<PAGE> PAGE 3
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007 C017800 78
007 C017900 79
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007 C018100 81
007 C018200 82
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007 C018400 84
007 C018500 85
007 C018600 86
007 C018700 87
007 C018800 88
007 C018900 89
007 C019000 90
008 A00AA01 J.P. MORGAN INVESTMENT MANAGEMENT, INC.
008 B00AA01 A
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008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10036
010 A00AA01 FUNDS DISTRIBUTOR, INC
010 B00AA01 8-420518
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02116
010 A00AA02 MORGAN GUARANTY TRUST COMPANY OF NEW YORK
010 B00AA02 8-49999
010 C01AA02 NEW YORK
010 C02AA02 NY
010 C03AA02 10036
010 A00AA03 PIERPONT GROUP INC
010 C01AA03 NEW YORK
010 C02AA03 NY
010 C03AA03 10017
011 A00AA01 FUNDS DISTRIBUTOR INC.
011 B00AA01 8-420518
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02116
012 A00AA01 STATE STREET BANK AND TRUST COMPANY
012 B00AA01 85-50003
012 C01AA01 BOSTON MA
012 C02AA01 MA
012 C03AA01 02101
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10036
014 A00AA01 J.P. MORGAN SECURITIES, INC.
014 B00AA01 8-99999999
014 A00AA02 JP MORGAN SECURITIES LTD
<PAGE> PAGE 4
014 B00AA02 8-99999999
014 A00AA03 FUNDS DISTRIBUTOR INC.
014 B00AA03 8-99999999
014 A00AA04 BOSTON INSTITUTIONAL SERVICES INC.
014 B00AA04 8-99999999
015 A00AA01 STATE STREET BANK AND TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
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015 E01AA01 X
018 00AA00 Y
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020 A000003 SALOMON BROS
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020 A000004 MERRILL LYNCH
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020 A000005 WARBURG INC
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020 A000006 BANQUE PARIBAS
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020 A000007 CITIBANK
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020 A000008 CS FIRST BOSTON
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020 A000009 WI CARR
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022 D000003 3679
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022 D000004 3903
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<PAGE> PAGE 5
022 A000006 MORGAN STANLEY & CO
022 C000006 1414
022 D000006 1438
022 A000007 VAERDEPAPPERS ADMINISTRATION
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022 D000007 1267
022 A000008 DEN DANSKE BANK
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039 00AA00 N
040 00AA00 N
041 00AA00 N
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<PAGE> PAGE 6
043 00AA00 0
044 00AA00 0
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<PAGE> PAGE 7
028 C020200 0
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048 F020200 0.000
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048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
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050 000200 N
051 000200 N
052 000200 N
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<PAGE> PAGE 8
053 B000200 Y
054 A000200 Y
054 B000200 N
054 C000200 N
054 D000200 N
054 E000200 N
054 F000200 N
054 G000200 N
054 H000200 N
054 I000200 N
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054 K000200 N
054 L000200 N
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054 N000200 N
054 O000200 N
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055 B000200 N
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062 J000200 0.0
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062 R000200 0.0
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066 B000200 N
066 C000200 N
066 D000200 N
066 E000200 N
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<PAGE> PAGE 9
066 G000200 Y
067 000200 N
068 A000200 N
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069 000200 N
070 A010200 Y
070 A020200 N
070 B010200 Y
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070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 Y
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070 I010200 N
070 I020200 N
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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025 A000601 SOCIETE GENERALE
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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SIGNATURE RICHARD W. INGRAM
TITLE TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial data extracted from the semi-annual
report dated May 31, 1999 for The International Opportunities Portfolio and is
qualified in its entirety by reference to such semi-annual report.
</LEGEND>
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial data extracted from the semi-annual
report dated May 31, 1999 for the European Equity Portfolio and is qualified in
its entirety by reference to such semi-annual report.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
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</TABLE>
