-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PqzMgpKkfqj4w8mfShLRuX14pZ81x7SPxi8ILV4SahZDiLlXJ+kTBFu3CaTGE5HR MNu4FTGgmGeDJ47GdYp7dg== 0000936872-96-000036.txt : 19961205 0000936872-96-000036.hdr.sgml : 19961205 ACCESSION NUMBER: 0000936872-96-000036 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19961204 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RESOURCE AMERICA INC CENTRAL INDEX KEY: 0000083402 STANDARD INDUSTRIAL CLASSIFICATION: SHORT-TERM BUSINESS CREDIT INSTITUTIONS [6153] IRS NUMBER: 720654145 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-12039 FILM NUMBER: 96675686 BUSINESS ADDRESS: STREET 1: 1521 LOCUST STREET CITY: PHILADELPHIA STATE: PA ZIP: 19102 BUSINESS PHONE: 2155465005 MAIL ADDRESS: STREET 1: 2876 SOUTH ARLINGTON ROAD CITY: AKRON STATE: OH ZIP: 44312 FORMER COMPANY: FORMER CONFORMED NAME: RESOURCE EXPLORATION INC DATE OF NAME CHANGE: 19890214 FORMER COMPANY: FORMER CONFORMED NAME: SMTR CORP DATE OF NAME CHANGE: 19700522 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BAY POND PARTNERS L P CENTRAL INDEX KEY: 0000936872 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 043217743 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 75 STATE STREET CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6179515000 MAIL ADDRESS: STREET 1: 75 STATE STREET CITY: BOSTON STATE: MA ZIP: 02109 SC 13D 1 SCHEDULE 13D FILING SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (Under the Securities Exchange Act of 1934) (Initial Filing) RESOURCE AMERICA, INC. (Name of Issuer) Class A COMMON STOCK (Title of Class of Securities) 76119520 (Cusip Number) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this Schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. * The remainder of this cover page shall be filled out for a reporting person's initial filing of 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 ("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 the following page(s)] Page 1 of 5 Pages Page 2 of 5 Pages Cusip # 76119520 - --------------------------------------------------------------------------- 1. Name of Reporting Person: (Social Security or IRS Identification no. of above person): Bay Pond Partners, L.P. 04-3217743 - --------------------------------------------------------------------------- 2. Check the appropriate box if a member of a group (a)( ) (b)( ) - --------------------------------------------------------------------------- 3. SEC use only - --------------------------------------------------------------------------- 4. Source of Funds: WC - --------------------------------------------------------------------------- 5. Check box if disclosure of legal proceedings is required pursuant to items 2(d) or 2(e): ( ) - --------------------------------------------------------------------------- 6. Citizenship or place of organization Delaware - --------------------------------------------------------------------------- 7. Sole Voting Power 0 Number of --------------------------------------------- shares 8. Shared Voting Power beneficially owned by 240,000 each --------------------------------------------- Reporting 9. Sole Dispositive Power person with 0 --------------------------------------------- 10. Shared Dispositive Power 240,000 - --------------------------------------------------------------------------- 11. Aggregate amount beneficially owned by each reporting person 240,000 - --------------------------------------------------------------------------- 12. Check if the aggregate amount in row (11) excludes certain shares* - --------------------------------------------------------------------------- 13. Percent of class represented by amount in row (11): 6.76% - --------------------------------------------------------------------------- 14. Type of Reporting person PN Page 3 of 5 Pages Cusip #: 76119520 ITEM 1. SECURITY AND ISSUER The common stock ("Common Stock") to which this Schedule relates to is the Class A Common Stock of Resource America, Inc., a Delaware corporation (the "Issuer"), whose principal executive office is located at 1521 Locust Street, Philadelphia, PA 19102. ITEM 2. IDENTITY AND BACKGROUND. This Schedule is filed on behalf of Bay Pond Partners, L.P. ("Bay Pond"), a Delaware limited partnership, Wellington Hedge Management Limited Partnership ("WHMLP"), a Massachusetts limited partnership which is the sole general partner of Bay Pond, and Wellington Hedge Management, Inc. ("WHM"), which is the sole general partner of WHMLP. WHM is a Massachusetts corporation of which Robert W. Doran, John R. Ryan, and Duncan M. McFarland serve as directors and are the sole stockholders, and Messrs. Doran and McFarland serve as executive officers, serving as Chairman and Vice Chairman, respectively. The business address for Bay Pond, WHMLP, WHM and Messrs. Doran, McFarland and Ryan is located at 75 State Street, Boston, Massachusetts 02109. Wellington Management Company is a Massachusetts general partnership and is registered as an investment adviser under the Investment Advisers Act of 1940. The business address is 75 State Street, Boston, MA 02109. None of the persons or entities named above has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), nor during the last five years been a party to a civil proceeding and as a result was or is subject to a judgment decree, or final order of the type described in the instructions to Item 2 (e) of Schedule 13D. Messrs. Doran, Ryan and McFarland are United States citizens. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. Bay Pond is the beneficial owner of 240,000 shares of Common Stock of the Issuer, for which it paid an aggregate of approximately $3,494,180. The source of the consideration used for the purchase of such stock was obtained from the working capital of Bay Pond, which in the normal course of its business was comprised of equity contributed by partners and earnings from their operations. ITEM 4. PURPOSE OF TRANSACTION. The acquisitions of shares of Common Stock described herein were made for investment purposes. ITEM 5 INTEREST IN SECURITIES OF THE ISSUER. AGGREGATE NUMBER AND PERCENTAGE OF SECURITIES: Bay Pond owns beneficially 240,000 shares of Common Stock of the Issuer (6.76% of 3,550,000 shares of such Common Stock outstanding). No other person identified in Item 2 beneficially owns any securities of the Issuer. POWER TO VOTE AND DISPOSE: Bay Pond shares voting power of and dispositive power over the 240,000 shares of Common Stock of the Issuer with Wellington Management Company, its investment adviser. Page 4 of 5 Pages Cusip #: 76119520 ITEM 5. CONT'D. Wellington Management Company is a Massachusetts general partnership and is registered as an investment adviser under the Investment Advisers Act of 1940. The business address is 75 State Street, Boston, MA 02109. Wellington Management Company has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), nor during the last five years been a party to a civil proceeding and as a result was or is subject to a judgment decree, or final order of the type described in the instructions to Item 2 (e) of Schedule 13D. TRANSACTIONS WITHIN PAST 60 DAYS: In the past 60 days, Bay Pond engaged in the following shares of the Issuer's Common Stock: PURCHASES DATE NO. OF SHARES PRICE PER SHARE EXCHANGE 11/27/96 20,000 13.0000 OTC 11/27/96 44,400 15.0260 OTC 11/27/96 175,600 14.5936 OTC SALES DATE NO. OF SHARES PRICE PER SHARE EXCHANGE CERTAIN RIGHTS OF OTHER PERSONS: None DATE CEASED TO BE 5% OWNER: Not Applicable ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THEISSUER. None ITEM 7. MATERIALS TO BE FILED. None Page 5 of 5 Pages Cusip #: 76119520 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. BAY POND PARTNERS, L.P. By its general partner, WELLINGTON HEDGE MANAGEMENT LIMITED PARTNERSHIP By its general partner, WELLINGTON HEDGE MANAGEMENT, INC. By: ----//SARA LOU SHERMAN//----------- Sara Lou Sherman, Assistant Vice President -----END PRIVACY-ENHANCED MESSAGE-----