BANKERS TRUST NEW YORK CORPORATION
One Bankers Trust Plaza
New York, New York 10006
Damian P. Reitemeyer
Vice President
Telephone: (212) 250-4599
February 17 1998
Securities and Exchange Commission
SEC Document Control
450 Fifth Street, N.W.
Washington, DC 20549
Attn: Filing Desk
Dear Sirs:
Re: Filing of Schedule 13G on
Champion Enterprises, Inc.
Pursuant to Rule 13d-1 of the General Rules and Regulations
under the Securities Exchange Act of 1934, the following is
one copy of the Schedule 13G with respect to the common
stock of the above referenced corporation.
Please acknowledge your receipt of the Schedule 13G filing
submission through the EDGAR-Link System software, by E-Mail
confirmation.
Sincerely,
Damian P. Reitemeyer
Enclosures
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Champion Enterprises, Inc.
_______________________________________
NAME OF ISSUER:
Common Stock (Par Value $.01)
_______________________________________
TITLE OF CLASS OF SECURITIES
158496109
_______________________________________
CUSIP NUMBER
Check the following box if a fee is being paid with
this statement [x]. (A fee is not required only if
the filing person: (1) has a previous statement on
file reporting beneficial ownership of more than five
percent of the class of securities described in Item
1; and (2) has filed no amendment subsequent thereto
reporting beneficial ownership of five percent or less
of such class.) (See Rule 13d-7.)
*The remainder of this cover page shall be filled out
for a reporting person's initial filing on this form
with respect to the subject class of securities, and
for any subsequent amendment containing information
which would alter the disclosures provided in a prior
cover page.
The information required in the remainder of this
cover page shall not be deemed to be "filed" for the
purpose of Section 18 of the Securities Exchange Act
of 1934 (the Act) or otherwise subject to the
liabilities of that section of the Act but shall be
subject to all other provisions of the Act (however,
see the Notes).
(Continued on following page(s))
Page 1 of 10 Pages
CUSIP No. 158496109 Page 2 of 10 Pages
1.NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Bankers Trust New York Corporation (BT New York
Corporation), its wholly owned subsidiary,
Bankers Trust Company, its indirect wholly owned
subsidiaries; BT Alex.Brown Incorporated (BT
Alex.Brown), and Alex. Brown Capital Advisory and
Trust Company (Alex Brown Capital Advisory and
Trust). 13-6180473
2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(A) [ ]
(B) [ ]
See page 7 of 8, Item 8 - IDENTIFICATION AND
CLASSIFICATION OF MEMBERS OF THE GROUP
3.SEC USE ONLY
4.CITIZENSHIP OR PLACE OF ORGANIZATION
Bankers Trust New York Corporation, and Bankers Trust
Company are New York Corporations. BT Alex.Brown is a
Delaware Corporation. Alex.Brown Capital Advisory and
Trust is a Maryland Corporation.
CUSIP No. 158496109 Page 3 of 10 Pages
NUMBER OF 5. SOLE VOTING POWER
SHARES BT New York Corporation 4,400 shares
Bankers Trust Company 191,600 shares
BT Alex.Brown 600 shares
Alex.Brown Capital
Advisory and Trust 49,664 shares
246,264 shares
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY BT New York Corporation 0 shares
Bankers Trust Company 0 shares
BT Alex.Brown 0 shares
Alex.Brown Capital
Advisory and Trust 0 shares
0 shares
EACH 7. SOLE DISPOSITIVE POWER
REPORTING BT New York Corporation 4,400 shares
Bankers Trust Company 383,952 shares
BT Alex.Brown 600 shares
Alex.Brown Capital
Advisory and Trust 49,664 shares
438,616 shares
PERSON 8. SHARED DISPOSITIVE POWER
WITH BT New York Corporation 0 shares
Bankers Trust Company 0 shares
BT Alex.Brown 0 shares
Alex.Brown Capital
Advisory and Trust 0 shares
0 shares
9.AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
BT New York Corporation 4,400 shares
Bankers Trust Company 383,952 shares
BT Alex.Brown 600 shares
Alex.Brown Capital
Advisory and Trust 49,664 shares
438,616 shares
10.CHECK BOX IF THE AGGREGATE AMOUNT IN ROW(9) EXCLUDES
CERTAIN SHARES *
[]
11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
BT New York Corporation 0.01%
Bankers Trust Company 0.82%
BT Alex.Brown 0.00%
Alex.Brown Capital
Advisory and Trust 0.11%
0.94%
CUSIP No. 158496109 Page 4 of 10 Pages
12.TYPE OF REPORTING PERSON *
Bankers Trust New York Corporation - HC
Bankers Trust Company - BK
BT Alex.Brown - BD
Alex.Brown Capital Advisory and Trust - BK
CUSIP No. 158496109 Page 5 of 10 Pages
Item 1(a) NAME OF ISSUER:
Champion Enterprises, Inc.
Item 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE
OFFICES:
2701 University Drive Suite 320
Auburn Hills, MI 48326
Item 2(a) NAME OF PERSON FILING:
Bankers Trust New York Corporation, its wholly-
owned subsidiary, Bankers Trust Company, and
its indirect wholly-owned subsidiaries,
BT Alex. Brown and Alex. Brown Capital Advisory
and Trust
Item 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
For Bankers Trust New York Corporation,
Bankers Trust Company and BT Alex.Brown
130 Liberty Street
New York, New York 10006
For Alex.Brown Capital Advisory and Trust
19 South Street
Baltimore, Maryland 21202
Item 2(c) CITIZENSHIP:
Bankers Trust New York Corporation and Bankers
Trust Company are corporations incorporated in
the State of New York with their principal
business offices located in New York.
BT Alex.Brown is a Delaware corporation with
its principal business office located in
New York.
CUSIP No. 158496109 Page 6 of 10 Pages
Alex.Brown Capital Advisory and Trust is
a Maryland Corporation with its principal
business office located in Maryland.
Item 2(d) TITLE OF CLASS OF SECURITIES:
This statement relates to the Companys Common
Stock $.01 par value per share.
Item 2(e) CUSIP NUMBER:
158496109
Item 3 THE PERSON FILING IS A:
For Bankers Trust New York Corporation
(g) [X] Parent Holding Company, in accordance with
Section 240.13d-1(b)(ii)(G)
For Bankers Trust Company
(b) [X] Bank as defined in section 3(a)(6) of the Act.
For BT Alex.Brown
(a) [X] Broker or dealer registered under Section 15
15 of the Act.
For Alex.Brown Capital Advisory and Trust
(b) [X] Bank as defined in section 3(a)(6) of the Act.
CUSIP No. 158496109 Page 7 of 10 Pages
Item 4 OWNERSHIP:
(a) Amount Beneficially Owned:
BT New York Corporation 4,400 shares
Bankers Trust Company 383,952 shares
BT Alex.Brown 600 shares
Alex.Brown Capital
Advisory and Trust 49,664 shares
438,616 shares
(b) Percent of Class :
BT New York Corporation 0.01%
Bankers Trust Company 0.82%
BT Alex.Brown 0.00%
Alex.Brown Capital
Advisory and Trust 0.11%
0.94%
(c) Number of shares as to which the following have:
(i) sole power to vote or to direct the vote -
BT New York Corporation 4,400 shares
Bankers Trust Company 191,600 shares
BT Alex.Brown 600 shares
Alex.Brown Capital
Advisory and Trust 49,664 shares
246,264 shares
(ii) shared power to vote or to direct the
vote -
BT New York Corporation 0 shares
Bankers Trust Company 0 shares
BT Alex.Brown 0 shares
Alex.Brown Capital
Advisory and Trust 0 shares
0 shares
(iii) sole power to dispose or to direct the
disposition of -
BT New York Corporation 4,400 shares
Bankers Trust Company 383,952 shares
BT Alex.Brown 600 shares
Alex.Brown Capital
Advisory and Trust 49,664 shares
438,616 shares
CUSIP No. 158496109 Page 8 of 10 Pages
(iv) shared power to dispose or to direct
the disposition of -
BT New York Corporation 0 shares
Bankers Trust Company 0 shares
BT Alex.Brown 0 shares
Alex.Brown Capital
Advisory and Trust 0 shares
0 shares
Item 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not applicable.
Item 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF
OF ANOTHER PERSON:
Not applicable.
Item 7 IDENTIFICATION AND CLASSIFICATION OF THE
SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING
REPORTED ON BY THE PARENT HOLDING COMPANY:
See Exhibits A and B.
Item 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF
THE GROUP:
In addition to the shares presented in this
Form 13G, Alex.Brown Investment Management, a
limited partnership that is 50% owned
indirectly by Bankers Trust New York
Corporation, beneficially owns 6,559,103 shares
or 14.0% of Champion Enterprises, Inc. This
ownership was disclosed in a separate 13G filed
by Alex.Brown Investment Management.
Item 9 NOTICE OF DISSOLUTION OF GROUP:
Not applicable.
CUSIP No. 158496109 Page 9 of 10 Pages
Item 10 CERTIFICATION:
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to
above were acquired in the ordinary course of
business and were not acquired for the purpose of
and do not have the effect of changing or
influencing the control of the issuer of such
securities and were not acquired in connection
with or as a participant in any transaction having
such purpose or effect.
SIGNATURE:
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
Date: as of December 31, 1997
Signature: Bankers Trust New York Corporation
By: /s/ James T. Byrne, Jr.
Name: James T. Byrne, Jr.
Title: Secretary
Signature: Bankers Trust Company
By: /s/ James T. Byrne, Jr.
Name: James T. Byrne, Jr.
Title: Secretary
Signature: BT Alex.Brown
By: /s/ James T. Byrne, Jr.
Name: James T. Byrne, Jr.
Title: Secretary
CUSIP No. 158496109 Page 10 of 10 Pages
Signature: Alex.Brown Capital Advisory and Trust
By: /s/ Gregg Hawes
Name: Gregg Hawes
Title: Secretary
Exhibit A
The chain of ownership from Bankers Trust New York
Corporation to Bankers Trust Company is shown below:
Bankers Trust New York Corporation
|
|
100%
|
|
Bankers Trust Company.
Exhibit B
The chain of ownership from Bankers Trust New York
Corporation to BT Alex. Brown and Alex. Brown Capital
Advisory and Trust is shown below:
Bankers Trust New York Corporation
|
|
100%
|
|
BT Alex.Brown Holdings Incorporated
|
_________________________|________________
| |
| |
100% 100%
| |
| |
Alex. Brown Financial Corporation BT Alex. Brown Incorporated
|
|
100%
|
|
Alex. Brown Asset Management Incorporated
|
|
100%
|
|
Alex. Brown Capital Advisory and Trust Company
