-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, t26p2HoeIzFRiHQbZlY3+G3c9VHIxPjdWe4C2FIm+2/6OCU6NkXOPsdCgMkwG3Si B0pPzDeCNVXmKZLu0OGhAw== 0000899657-94-000046.txt : 19940215 0000899657-94-000046.hdr.sgml : 19940215 ACCESSION NUMBER: 0000899657-94-000046 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19940214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ADVANTA CORP CENTRAL INDEX KEY: 0000096638 STANDARD INDUSTRIAL CLASSIFICATION: 6141 IRS NUMBER: 231462070 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 34 SEC FILE NUMBER: 005-38014 FILM NUMBER: 94506707 BUSINESS ADDRESS: STREET 1: 650 NAAMANS RD STREET 2: BRANDYWINE CORPORATE CENTER CITY: CLAYMONT STATE: DE ZIP: 19703 BUSINESS PHONE: 2156574000 MAIL ADDRESS: STREET 1: BRANDYWINE CORPORATE CENTER STREET 2: 650 NAAMANS ROAD CITY: CLAYMONT STATE: DE ZIP: 19703 FORMER COMPANY: FORMER CONFORMED NAME: TSO FINANCIAL CORP DATE OF NAME CHANGE: 19880306 FORMER COMPANY: FORMER CONFORMED NAME: TEACHERS SERVICE ORGANIZATION INC DATE OF NAME CHANGE: 19850812 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ACORN INVESTMENT TRUST CENTRAL INDEX KEY: 0000002110 STANDARD INDUSTRIAL CLASSIFICATION: IRS NUMBER: 362692100 STATE OF INCORPORATION: MA FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 227 W MONROE STE 3000 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3126349200 MAIL ADDRESS: STREET 1: 227 WEST MONROE ST STREET 2: SUITE3000 CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: ACORN FUND INC DATE OF NAME CHANGE: 19920703 SC 13G/A 1 AMENDMENT NO. 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 4)* Advanta Corporation (Name of Issuer) Class A Common Stock, $.01 Par Value (Title of Class of Securities) 00794210 (CUSIP Number) Check the following box if a fee is being paid with this statement ( ). (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 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 ("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). Page 1 of 3 Pages SCHEDULE 13G CUSIP NO. 00794210 Page 2 of 3 Pages 1 NAME OF REPORTING PERSON: Acorn Investment Trust, Series Designated Acorn Fund S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 36-2692100 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: Not applicable a ( ) b ( ) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION: Massachusetts NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER: None 6 SHARED VOTING POWER: 310,000 7 SOLE DISPOSITIVE POWER: None 8 SHARED DISPOSITIVE POWER: 310,000 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 310,000 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: ( ) Not applicable 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 1.8% 12 TYPE OF REPORTING PERSON: IV SCHEDULE 13G CUSIP NO. 00794210 Page 3 of 3 Pages Item 1(a) Name of Issuer: Advanta Corporation Item 1(b) Address of Issuer's Principal Executive Offices: Brandywine Corporation Center 650 Naamans Road Clayment, Delaware 19703 Item 2(a) Name of Person Filing: Acorn Investment Trust, Series Designated Acorn Fund Item 2(b) Address of Principal Business Office: 227 West Monroe Street, Suite 3000 Chicago, Illinois 60606 Item 2(c) Citizenship: The filing person is a Massachusetts business trust. Item 2(d) Title of Class of Securities: Class A Common Stock, $.01 Par Value Item 2(e) CUSIP Number: 00794210 Item 3 Type of Person: (d) Investment company registered under section 8 of the Investment Company Act Item 4 Ownership (at December 31, 1993): (a) Amount owned "beneficially" within the meaning of rule 13d-3: 310,000 shares (b) Percent of class: 1.8% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: none (ii) shared power to vote or to direct the vote: (iii) sole power to dispose or to direct the disposition of: none (iv) shared power to dispose or to direct disposition of: Power over voting and disposition of these securities is shared with Wanger Asset Management, L.P., which is the investment adviser of Acorn Investment Trust, Series Designated Acorn Fund. Item 5 Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ( X ). 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: Not applicable Item 8 Identification and Classification of Members of the Group: Not applicable Item 9 Notice of Dissolution of Group: Not applicable 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: February 10, 1994 ACORN INVESTMENT TRUST, SERIES DESIGNATED ACORN FUND By: /s/ Robert M. Slotky ------------------------------------ Robert M. Slotky, Vice President ******************************************************************************* End Amendment No. 4 ******************************************************************************* [TYPE] SC 13G/A [DESCRIPTION] Amendment No. 3 [TEXT] ******************************************************************************* Begin Amendment No. 3 ******************************************************************************* UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 3)* Advanta Corporation (Name of Issuer) Class A Common Stock, $.01 Par Value (Title of Class of Securities) 00794210 (CUSIP Number) Check the following box if a fee is being paid with this statement ( ). (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 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 ("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). Page 1 of 5 Pages SCHEDULE 13G CUSIP NO. 00794210 Page 2 of 5 Pages 1 NAME OF REPORTING PERSON: Acorn Investment Trust, Series Designated Acorn Fund (as successor to The Acorn Fund, Inc.) S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 36-2692100 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: Not applicable a ( ) b ( ) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION: Massachusetts NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER: 630,000 6 SHARED VOTING POWER: 0 7 SOLE DISPOSITIVE POWER: 0 8 SHARED DISPOSITIVE POWER: 630,000 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 630,000 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: ( ) Not applicable 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 5.64% 12 TYPE OF REPORTING PERSON: IV SCHEDULE 13G CUSIP NO. 00794210 Page 3 of 5 Pages Item 1(a) Name of Issuer: Advanta Corporation Item 1(b) Address of Issuer's Principal Executive Offices: Foulkstone Plaza 1411 Foulk Road Wilmington, Delaware 19803 Item 2(a) Name of Person Filing: Acorn Investment Trust, Series Designated Acorn Fund (as successor to The Acorn Fund, Inc.) Item 2(b) Address of Principal Business Office: 227 West Monroe Street, Suite 3000 Chicago, Illinois 60606 Item 2(c) Citizenship: The filing person is a Massachusetts business trust. Item 2(d) Title of Class of Securities: Class A Common Stock, $.01 Par Value Item 2(e) CUSIP Number: 00794210 Item 3 Type of Person: (d) Investment company registered under section 8 of the Investment Company Act Item 4 Ownership (at December 31, 1992): (a) Amount owned "beneficially" within the meaning of rule 13d-3: 630,000 shares (b) Percent of class: 5.64% (c) Number of shares as to which such person has: SCHEDULE 13G CUSIP NO. 00794210 Page 4 of 5 Pages (i) sole power to vote or to direct the vote: 630,000 shares (ii) shared power to vote or to direct the vote: none (iii) sole power to dispose or to direct the disposition of: none (iv) shared power to dispose or to direct disposition of: 630,000 shares Power over disposition of these securities is shared with Wanger Asset Management, L.P., which is the investment adviser of Acorn Investment Trust, Series Designated Acorn Fund. 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: Not applicable Item 8 Identification and Classification of Members of the Group: Not applicable Item 9 Notice of Dissolution of Group: Not applicable 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. SCHEDULE 13G CUSIP NO. 00794210 Page 5 of 5 Pages 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: February 12, 1993 ACORN INVESTMENT TRUST, SERIES DESIGNATED ACORN FUND By: /s/ Robert M. Slotky ------------------------------------ Robert M. Slotky, Vice President ******************************************************************************* End Amendment No. 3 ******************************************************************************* [TYPE] SC 13G/A [DESCRIPTION] Amendment No. 2 [TEXT] ******************************************************************************* Begin Amendment No. 2 ******************************************************************************* UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2)* Advanta Corporation (Name of Issuer) Common Stock, $.01 Par Value (Title of Class of Securities) 007942105 (CUSIP Number) Check the following box if a fee is being paid with this statement ( ). (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 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 ("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). Page 1 of 5 Pages SCHEDULE 13G CUSIP NO. 007942105 Page 2 of 5 Pages 1 NAME OF REPORTING PERSON: The Acorn Fund, Inc. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 36-2692100 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: Not applicable a ( ) b ( ) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION: Maryland NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER: 630,000 6 SHARED VOTING POWER: 0 7 SOLE DISPOSITIVE POWER: 0 8 SHARED DISPOSITIVE POWER: 630,000 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 630,000 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: ( ) Not applicable 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 5.72% 12 TYPE OF REPORTING PERSON: IV SCHEDULE 13G CUSIP NO. 007942105 Page 3 of 5 Pages Item 1(a) Name of Issuer: Advanta Corporation Item 1(b) Address of Issuer's Principal Executive Offices: Foulkstone Plaza 1411 Foulk Road Wilmington, Delaware 19803 Item 2(a) Name of Person Filing: The Acorn Fund, Inc. Item 2(b) Address of Principal Business Office: Two North La Salle Street, #500 Chicago, Illinois 60602 Item 2(c) Citizenship: The filing person is a Maryland corporation. Item 2(d) Title of Class of Securities: Common Stock, $.01 Par Value Item 2(e) CUSIP Number: 007942105 Item 3 Type of Person: (d) Investment company registered under section 8 of the Investment Company Act Item 4 Ownership (at December 31, 1991): (a) Amount owned "beneficially" within the meaning of rule 13d-3: 630,000 shares (b) Percent of class: 5.72% (based on 11,011,423 shares outstanding on October 31, 1991) (c) Number of shares as to which such person has: SCHEDULE 13G CUSIP NO. 007942105 Page 4 of 5 Pages (i) sole power to vote or to direct the vote: 630,000 shares (ii) shared power to vote or to direct the vote: none (iii) sole power to dispose or to direct the disposition of: none (iv) shared power to dispose or to direct disposition of: 630,000 shares Power over disposition of these securities is shared with Harris Associates L.P., which is the investment adviser of The Acorn Fund, Inc. 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: Not applicable Item 8 Identification and Classification of Members of the Group: Not applicable Item 9 Notice of Dissolution of Group: Not applicable 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. SCHEDULE 13G CUSIP NO. 007942105 Page 5 of 5 Pages 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: February 13, 1992 THE ACORN FUND, INC. By: /s/ Joseph E. Braucher ------------------------------------ Joseph E. Braucher Vice President ******************************************************************************* End Amendment No. 2 ******************************************************************************* [TYPE] SC 13G/A [DESCRIPTION] Amendment No. 1 [TEXT] ******************************************************************************* Begin Amendment No. 1 ******************************************************************************* UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* Advanta Corporation (Name of Issuer) Common Stock, $.01 Par Value (Title of Class of Securities) 007942105 (CUSIP Number) Check the following box if a fee is being paid with this statement ( ). (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 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 ("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). Page 1 of 5 Pages SCHEDULE 13G CUSIP NO. 007942105 Page 2 of 5 Pages 1 NAME OF REPORTING PERSON: The Acorn Fund, Inc. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 36-2692100 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: Not applicable a ( ) b ( ) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION: Maryland NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER: 635,000 6 SHARED VOTING POWER: 0 7 SOLE DISPOSITIVE POWER: 0 8 SHARED DISPOSITIVE POWER: 635,000 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 635,000 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: ( ) Not applicable 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 6.84% 12 TYPE OF REPORTING PERSON: IV SCHEDULE 13G CUSIP NO. 007942105 Page 3 of 5 Pages Item 1(a) Name of Issuer: Advanta Corporation Item 1(b) Address of Issuer's Principal Executive Offices: Foulkstone Plaza 1411 Foulk Road Wilmington, Delaware 19803 Item 2(a) Name of Person Filing: The Acorn Fund, Inc. Item 2(b) Address of Principal Business Office: Two North La Salle Street, #500 Chicago, Illinois 60602 Item 2(c) Citizenship: The filing person is a Maryland corporation. Item 2(d) Title of Class of Securities: Common Stock, $.01 Par Value Item 2(e) CUSIP Number: 007942105 Item 3 Type of Person: (d) Investment company registered under section 8 of the Investment Company Act Item 4 Ownership (at December 31, 1990): (a) Amount owned "beneficially" within the meaning of rule 13d-3: 635,000 shares (b) Percent of class: 6.84% (based on 9,281,000 shares outstanding on November 7, 1990) (c) Number of shares as to which such person has: SCHEDULE 13G CUSIP NO. 007942105 Page 4 of 5 Pages (i) sole power to vote or to direct the vote: 635,000 shares (ii) shared power to vote or to direct the vote: none (iii) sole power to dispose or to direct the disposition of: none (iv) shared power to dispose or to direct disposition of: 635,000 shares Power over disposition of these securities is shared with Harris Associates L.P., which is the investment adviser of The Acorn Fund, Inc. 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: Not applicable Item 8 Identification and Classification of Members of the Group: Not applicable Item 9 Notice of Dissolution of Group: Not applicable 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. SCHEDULE 13G CUSIP NO. 007942105 Page 5 of 5 Pages 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: February 13, 1991 THE ACORN FUND, INC. By: /s/ Joseph E. Braucher ------------------------------------ Joseph E. Braucher Vice President ******************************************************************************* End Amendment No. 1 ******************************************************************************* [TYPE] SC 13G [DESCRIPTION] Original Schedule 13G filing [TEXT] ******************************************************************************* Begin Original Schedule 13G ******************************************************************************* UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* Advanta Corporation (Name of Issuer) $.01 Par Value (Title of Class of Securities) 007942105 (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 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 ("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). Page 1 of 5 Pages SCHEDULE 13G CUSIP NO. 007942105 Page 2 of 5 Pages 1 NAME OF REPORTING PERSON: The Acorn Fund, Inc. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 36-2692100 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: Not applicable a ( ) b ( ) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION: Maryland NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER: 542,500 6 SHARED VOTING POWER: 0 7 SOLE DISPOSITIVE POWER: 0 8 SHARED DISPOSITIVE POWER: 542,500 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 542,500 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: ( ) Not applicable 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 5.8% 12 TYPE OF REPORTING PERSON: IV SCHEDULE 13G CUSIP NO. 007942105 Page 3 of 5 Pages Item 1(a) Name of Issuer: Advanta Corporation Item 1(b) Address of Issuer's Principal Executive Offices: Foulkstone Plaza 1411 Foulk Road Wilmington, Delaware 19803 Item 2(a) Name of Person Filing: The Acorn Fund, Inc. Item 2(b) Address of Principal Business Office: Two North La Salle Street, #500 Chicago, Illinois 60602 Item 2(c) Citizenship: The filing person is a Maryland corporation. Item 2(d) Title of Class of Securities: Common Stock, $.01 Par Value Item 2(e) CUSIP Number: 007942105 Item 3 Type of Person: (d) Investment company registered under section 8 of the Investment Company Act Item 4 Ownership (at December 31, 1989): (a) Amount owned "beneficially" within the meaning of rule 13d-3: 542,500 shares (b) Percent of class: 5.8% (based on 9,310,255 shares outstanding on October 31, 1989) SCHEDULE 13G CUSIP NO. 007942105 Page 4 of 5 Pages (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 542,500 shares (ii) shared power to vote or to direct the vote: none (iii) sole power to dispose or to direct the disposition of: none (iv) shared power to dispose or to direct disposition of: 542,500 shares Power over disposition of these securities is shared with Harris Associates L.P., which is the investment adviser of The Acorn Fund, Inc. 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: Not applicable Item 8 Identification and Classification of Members of the Group: Not applicable Item 9 Notice of Dissolution of Group: Not applicable 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. SCHEDULE 13G CUSIP NO. 007942105 Page 5 of 5 Pages 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: February 13th, 1990 THE ACORN FUND, INC. By: /s/ Joseph E. Braucher ------------------------------------ Joseph E. Braucher Vice President and Treasurer -----END PRIVACY-ENHANCED MESSAGE-----