13F-HR 1 q409.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2009 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Private Capital Management, L.P. Address: 8889 Pelican Bay Blvd. Suite 500 Naples, FL 34108 13F File Number: 28-3428 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Victor Fernandez Title: Chief Compliance Officer Phone: 239-254-2500 Signature, Place, and Date of Signing: Victor Fernandez Naples, Florida February 12, 2010 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 67 Form 13F Information Table Value Total: $1,547,608 (thousands) List of Other Included Managers: No. 13F File Number Name 1 28-1700 Legg Mason, Inc. FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Ameristar Casinos Inc. COM 03070Q101 10981 720984 SH DEFINED 01 720984 AutoNation Inc. COM 05329W102 22788 1189968 SH DEFINED 01 1189968 Avatar Holdings Inc. COM 053494100 223 13133 SH DEFINED 01 13133 Avid Technology Inc. COM 05367P100 23915 1874235 SH DEFINED 01 13200 1861035 Bank of Hawaii Corp. COM 062540109 29333 623303 SH DEFINED 01 6000 617303 Berkshire Hills Bancorp Inc. COM 084680107 1836 88787 SH DEFINED 01 88787 Bio-Rad Laboratories Inc. CL A COM 090572207 6250 64792 SH DEFINED 01 64792 Black Hills Corp. COM 092113109 1999 75076 SH DEFINED 01 75076 Boyd Gaming Corp. COM 103304101 14080 1682208 SH DEFINED 01 1682208 Broadridge Financial Solutions COM 11133T103 12578 557557 SH DEFINED 01 20400 537157 Brookline Bancorp Inc. COM 11373M107 2898 292418 SH DEFINED 01 292418 CA, Inc. COM 12673P105 132922 5918144 SH DEFINED 01 507490 5410654 CapitalSource Inc. COM 14055X102 1333 335800 SH DEFINED 01 335800 Covidien plc COM G2554F105 38693 807965 SH DEFINED 01 22300 785665 Cymer Inc COM 232572107 11608 302459 SH DEFINED 01 302459 DHT Maritime, Inc. COM Y2065G105 2034 552800 SH DEFINED 01 552800 Dover Downs Gaming & Entmt. COM 260095104 4955 1310900 SH DEFINED 01 1310900 Dundee Corp. CL A COM 264901109 30168 2614626 SH DEFINED 01 103200 2511426 Eastman Kodak Co. COM 277461109 25803 6114421 SH DEFINED 01 734200 5380221 Electro Rent Corp. COM 285218103 11235 973603 SH DEFINED 01 394306 579297 First American Corp. COM 318522307 5635 170194 SH DEFINED 01 170194 First Citizens Bancshares Inc. COM 31946M103 6060 36951 SH DEFINED 01 36951 First Defiance Financial Corp. COM 32006W106 1138 100838 SH DEFINED 01 100838 First Financial Holdings Inc. COM 320239106 4867 374404 SH DEFINED 01 374404 Forest City Enterprises Inc. C COM 345550107 7218 612700 SH DEFINED 01 612700 Glacier Bancorp Inc. COM 37637Q105 8660 631202 SH DEFINED 01 631202 H&R Block, Inc. COM 093671105 40537 1792082 SH DEFINED 01 53800 1738282 Health Management Assoc. Inc. COM 421933102 44807 6163209 SH DEFINED 01 655440 5507769 Hewlett-Packard Co. COM 428236103 88759 1723139 SH DEFINED 01 133795 1589344 IShares S&P 500 Value COM 464287408 302 5700 SH DEFINED 01 5700 Imation Corp. COM 45245A107 16165 1853780 SH DEFINED 01 9600 1844180 Independent Bank Corp.-MA COM 453836108 5584 267693 SH DEFINED 01 5400 262293 International Business Machine COM 459200101 3791 28959 SH DEFINED 01 28959 International Game Technology COM 459902102 71566 3812763 SH DEFINED 01 112600 3700163 John Wiley & Sons Inc. CL A COM 968223206 54525 1301928 SH DEFINED 01 36000 1265928 MGM Mirage COM 552953101 12142 1331311 SH DEFINED 01 89905 1241406 Marcus Corp. COM 566330106 18025 1406015 SH DEFINED 01 51687 1354328 Mentor Graphics Corp. COM 587200106 39450 4467728 SH DEFINED 01 712832 3754896 Mine Safety Appliances Co. COM 602720104 23857 899250 SH DEFINED 01 39350 859900 Motorola, Inc. COM 620076109 72118 9293574 SH DEFINED 01 953604 8339970 Newport Corp. COM 651824104 9094 989574 SH DEFINED 01 989574 Northern Trust Corp. COM 665859104 37628 718087 SH DEFINED 01 18750 699337 Novellus Systems Inc. COM 670008101 51558 2208998 SH DEFINED 01 158329 2050669 OceanFirst Financial Corp. COM 675234108 1436 127227 SH DEFINED 01 4300 122927 Oppenheimer Holdings Inc. COM 683797104 15831 476551 SH DEFINED 01 56500 420051 Pope Resources LP COM 732857107 7202 292758 SH DEFINED 01 66135 226623 Progress Software Corp. COM 743312100 9505 325300 SH DEFINED 01 325300 Provident New York Bancorp COM 744028101 2030 240560 SH DEFINED 01 240560 Qualcomm Inc. COM 747525103 18688 403984 SH DEFINED 01 132162 271822 Quantum Corp. COM 747906204 63467 21661116 SH DEFINED 01 4492023 17169093 Quest Software COM 74834T103 4476 243243 SH DEFINED 01 243243 Raymond James Financial Inc. COM 754730109 52345 2202133 SH DEFINED 01 54675 2147458 Russell 2000 Value Index I sha COM 464287630 322 5550 SH DEFINED 01 5550 Sprint Nextel Corporation COM 852061100 42866 11711998 SH DEFINED 01 1147900 10564098 Suffolk Bancorp COM 864739107 5237 176333 SH DEFINED 01 4500 171833 Sun Bancorp Inc.-NJ COM 86663B102 637 169926 SH DEFINED 01 169926 Symantec Corp. COM 871503108 88319 4936787 SH DEFINED 01 566478 4370309 TF Financial Corp. COM 872391107 783 41283 SH DEFINED 01 41283 Tibco Software Inc. COM 88632Q103 29648 3078722 SH DEFINED 01 410018 2668704 Triumph Group Inc. COM 896818101 11070 229440 SH DEFINED 01 24400 205040 UTi Worldwide Inc. COM G87210103 10953 764842 SH DEFINED 01 764842 Ultra Petroleum Corp. COM 903914109 35990 721812 SH DEFINED 01 20300 701512 Universal Health Services Inc. COM 913903100 60761 1992150 SH DEFINED 01 209000 1783150 WSFS Financial Corp. COM 929328102 2422 94504 SH DEFINED 01 94504 Wal-Mart Stores, Inc. COM 931142103 33799 632355 SH DEFINED 01 6050 626305 Whitney Holding Corp. COM 966612103 7801 856300 SH DEFINED 01 856300 Zimmer Holdings Inc COM 98956P102 32901 556600 SH DEFINED 01 14950 541650