<PAGE> PAGE 1
000 A000000 11/30/99
000 C000000 943180
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 6175570700
002 A000000 ELIZABETHEAN SQUARE, 2ND FLR SHEDDEN RD
002 B000000 GEORGETOWN
002 E010000 GRAND CAYMAN
002 E020000 E9
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C020500 THE DISCIPLINED EQUITY PORTFOLIO
007 C030500 N
007 C010600 6
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
007 C012600 26
007 C012700 27
<PAGE> PAGE 2
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
007 C016000 60
020 A000001 1. INVESTMENT TECHNOLOGY
020 C000001 117
020 A000002 2. SOLOMON SMITH BARNEY,INC.
020 C000002 62
020 A000003 3. WILLIAMS CAPITAL GROUP
020 C000003 42
020 A000004 4. MORGAN STANLEY +CO., INC.
020 C000004 35
020 A000005 5. MERRILL LYNCH
020 C000005 23
020 A000006 6. DEUTSCHE BANK
020 C000006 21
020 A000007 7. CS FIRST BOSTON
020 C000007 20
020 A000008 8. STATE STREET BROKERAGE SECURITIES
020 C000008 17
020 A000009 9. MONTGOMERY SECURITIES
020 C000009 15
<PAGE> PAGE 3
020 A000010 10.WARBURG,S.G. & COMPANY, INC.
020 C000010 15
021 000000 366
022 A000001 1.INVESTMENT TECHNOLOGY
022 C000001 50889
022 D000001 27224
022 A000002 2.MORGAN STANLEY & CO.
022 C000002 33704
022 D000002 25220
022 A000003 3.SALOMON SMITH BARNEY
022 C000003 21771
022 D000003 23851
022 A000004 4.LEHMAN BROS., INC.Y
022 C000004 12110
022 D000004 14941
022 A000005 5.GOLDMAN SACHS
022 C000005 10435
022 D000005 25582
022 A000006 6.WARBURG, INC.
022 C000006 12958
022 D000006 7950
022 A000007 7.INSTINET CORP.NC.
022 C000007 9273
022 D000007 9220
022 A000008 8.TROSTER SINGER CORP.
022 C000008 14415
022 D000008 130
022 A000009 9.MERRILL LYNCH
022 C000009 6589
022 D000009 5764
022 A000010 10.FURMAN,SELZ,MEGERD
022 C000010 3536
022 D000010 8808
023 C000000 175680
023 D000000 148690
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
077 A000000 N
078 000000 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
<PAGE> PAGE 4
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
008 A000501 MORGAN GUARANTY TRUST COMPANY OF NEW YORK
008 B000501 A
008 C000501 801-999999
008 D010501 NEW YORK
008 D020501 NY
008 D030501 10036
010 A000501 MORGAN GUARANTY TRUST COMPANY OF NEW YORK
010 B000501 8-4999999
010 C010501 NEW YORK
010 C020501 NY
010 C030501 10036
010 A000502 FUNDS DISTRIBUTOR, INC.
010 B000502 8-420518
010 C010502 BOSTON
010 C020502 MA
010 C030502 02116
010 A000503 PIERPONT GROUP, INC.
010 C010503 NEW YORK
010 C020503 NY
010 C030503 10017
011 A000501 FUNDS DISTRIBUTOR,INC.
011 B000501 8-420518
011 C010501 BOSTON
011 C020501 MA
011 C030501 02116
012 A000501 STATE STREET BANK AND TRUST COMPANY
012 B000501 85-50003
012 C010501 BOSTON
012 C020501 MA
012 C030501 02101
013 A000501 PRICEWATERHOUSECOOPERS LLP
013 B010501 NEW YORK
013 B020501 NY
013 B030501 10036
015 A000501 BANK OF NEW YORK
015 B000501 C
015 C010501 NEW YORK
015 C020501 NY
015 C030501 10007
015 E010501 X
018 000500 Y
019 A000500 Y
019 B000500 69
<PAGE> PAGE 5
019 C000500 J.P.MORGAN
024 000500 Y
025 A000501 MORGAN STANLEY,DEAN WITTER,DISCOVER & CO.
025 C000501 E
025 D000501 8270
025 A000502 GOLDMAN SACHS
025 C000502 E
025 D000502 2208
025 A000503 MERRILL LYNCH
025 C000503 E
025 D000503 1386
025 A000504 LEHMAN BROS., INC.
025 C000504 E
025 D000504 1049
025 A000505 PAINE WEBBER, INC.
025 C000505 E
025 D000505 987
025 A000506 BEAR STEARNS
025 C000506 E
025 D000506 750
025 D000507 0
025 D000508 0
028 A010500 81389
028 A020500 0
028 A030500 0
028 A040500 29416
028 B010500 141207
028 B020500 0
028 B030500 0
028 B040500 11703
028 C010500 47541
028 C020500 0
028 C030500 0
028 C040500 29681
028 D010500 59827
028 D020500 0
028 D030500 0
028 D040500 18022
028 E010500 37658
028 E020500 0
028 E030500 0
028 E040500 17913
028 F010500 61891
028 F020500 0
028 F030500 0
028 F040500 37523
028 G010500 429513
028 G020500 0
028 G030500 0
028 G040500 144258
028 H000500 0
<PAGE> PAGE 6
029 000500 N
030 A000500 0
030 B000500 0.00
030 C000500 0.00
031 A000500 0
031 B000500 0
032 000500 0
033 000500 0
034 000500 N
035 000500 0
036 B000500 0
037 000500 N
038 000500 0
039 000500 N
040 000500 N
041 000500 N
042 A000500 0
042 B000500 0
042 C000500 0
042 D000500 0
042 E000500 0
042 F000500 0
042 G000500 0
042 H000500 0
043 000500 0
044 000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.350
048 A010500 0
048 A020500 0.000
048 B010500 0
048 B020500 0.000
048 C010500 0
048 C020500 0.000
048 D010500 0
048 D020500 0.000
048 E010500 0
048 E020500 0.000
048 F010500 0
048 F020500 0.000
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 0
<PAGE> PAGE 7
048 K020500 0.000
049 000500 N
050 000500 N
051 000500 N
052 000500 N
053 A000500 Y
053 B000500 Y
053 C000500 N
054 A000500 Y
054 B000500 N
054 C000500 N
054 D000500 N
054 E000500 N
054 F000500 N
054 G000500 N
054 H000500 N
054 I000500 N
054 J000500 Y
054 K000500 N
054 L000500 N
054 M000500 Y
054 N000500 N
054 O000500 N
055 A000500 N
055 B000500 N
056 000500 Y
057 000500 N
058 A000500 N
059 000500 Y
060 A000500 N
060 B000500 N
061 000500 0
062 A000500 N
062 B000500 0.0
062 C000500 0.0
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 0.0
062 N000500 0.0
062 O000500 0.0
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
063 A000500 0
<PAGE> PAGE 8
063 B000500 0.0
066 A000500 Y
066 G000500 Y
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 Y
070 B010500 Y
070 B020500 N
070 C010500 N
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 Y
070 F020500 Y
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 Y
070 L020500 Y
070 M010500 N
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 649933
071 B000500 370790
071 C000500 1294534
071 D000500 29
072 A000500 6
072 B000500 840
072 C000500 8697
072 D000500 0
<PAGE> PAGE 9
072 E000500 0
072 F000500 2310
072 G000500 175
072 H000500 0
072 I000500 0
072 J000500 127
072 K000500 0
072 L000500 4
072 M000500 5
072 N000500 0
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 20
072 S000500 4
072 T000500 0
072 U000500 1
072 V000500 0
072 W000500 13
072 X000500 2659
072 Y000500 0
072 Z000500 6877
072AA000500 40514
072BB000500 0
072CC010500 14926
072CC020500 0
072DD010500 0
072DD020500 0
072EE000500 0
073 A010500 0.0000
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 0
074 B000500 52763
074 C000500 3282
074 D000500 0
074 E000500 0
074 F000500 1428822
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 14174
074 K000500 0
074 L000500 2159
074 M000500 33
074 N000500 1501233
074 O000500 21633
074 P000500 457
074 Q000500 0
074 R010500 0
<PAGE> PAGE 10
074 R020500 0
074 R030500 0
074 R040500 2889
074 S000500 0
074 T000500 1476254
074 U010500 0
074 U020500 0
074 V010500 0.00
074 V020500 0.00
074 W000500 0.0000
074 X000500 0
074 Y000500 50113
075 A000500 0
075 B000500 1320668
076 000500 0.00
080 A000500 NATIONAL UNION
080 C000500 25000
081 A000500 Y
081 B000500 24
082 A000500 Y
082 B000500 25
083 A000500 N
083 B000500 0
084 A000500 N
084 B000500 0
085 A000500 Y
085 B000500 N
028 A011600 0
028 A021600 0
028 A031600 0
028 A041600 0
028 B011600 0
028 B021600 0
028 B031600 0
028 B041600 0
028 C011600 0
028 C021600 0
028 C031600 0
028 C041600 0
028 D011600 0
028 D021600 0
028 D031600 0
028 D041600 0
028 E011600 0
028 E021600 0
028 E031600 0
028 E041600 0
028 F011600 0
028 F021600 0
028 F031600 0
028 F041600 0
<PAGE> PAGE 11
028 G011600 0
028 G021600 0
028 G031600 0
028 G041600 0
028 H001600 0
SIGNATURE RICHARD INGRAM
TITLE ASST TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary data extracted from the semi-annual report dated
November 30, 1999, for The Disciplined Equity Portfolio and is qualified in its
entirety by reference to such semi-annual report.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-2000
<PERIOD-END> NOV-30-1999
<INVESTMENTS-AT-COST> 1339005
<INVESTMENTS-AT-VALUE> 1484867
<RECEIVABLES> 16330
<ASSETS-OTHER> 36
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1501233
<PAYABLE-FOR-SECURITIES> 21633
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3346
<TOTAL-LIABILITIES> 24979
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1476254
<DIVIDEND-INCOME> 8697
<INTEREST-INCOME> 840
<OTHER-INCOME> 0
<EXPENSES-NET> 2659
<NET-INVESTMENT-INCOME> 6877
<REALIZED-GAINS-CURRENT> 49514
<APPREC-INCREASE-CURRENT> 14926
<NET-CHANGE-FROM-OPS> 62317
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 062317
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2310
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1320668
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> .40
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
