13F-HR 1 q207.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: June 30, 2007 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 if Reporting Manager: Name: Victor Fernandez Title: Vice President Phone: 239-254-2500 Signature, Place, and Date of Signing: Victor Fernandez Naples, Florida August 14, 2007 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: 117 Form 13F Information Table Value Total: $21,421,570 (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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ASTA Funding COM 046220109 94846 2468015 SH DEFINED 01 2468015 Aehr Test Systems COM 00760J108 7262 1202334 SH DEFINED 01 683000 519334 Alltel Corp. COM 020039103 1585301 23468560 SH DEFINED 01 787700 22680860 Anchor Bancorp Wisconsin COM 032839102 37415 1428589 SH DEFINED 01 1428589 AutoNation Inc. COM 05329W102 46094 2054100 SH DEFINED 01 52500 2001600 Automatic Data Processing Inc. COM 053015103 266837 5505209 SH DEFINED 01 5505209 Avatar Holdings Inc. COM 053494100 141730 1842089 SH DEFINED 01 69300 1772789 Avid Technology Inc. COM 05367P100 181638 5138286 SH DEFINED 01 97400 5040886 BEA Systems Inc. COM 073325102 566466 41378056 SH DEFINED 01 1314419 40063637 Bank of Hawaii Corp. COM 062540109 220100 4262208 SH DEFINED 01 12100 4250108 Bear Stearns Companies Inc. COM 073902108 974770 6962642 SH DEFINED 01 216212 6746430 Belo Corp. COM 080555105 86373 4194898 SH DEFINED 01 4194898 Berkshire Hills Bancorp Inc. COM 084680107 17480 554733 SH DEFINED 01 554733 Bio-Rad Laboratories Inc. CL A COM 090572207 74652 987857 SH DEFINED 01 987857 Boyd Gaming Corp. COM 103304101 356069 7238651 SH DEFINED 01 59800 7178851 Broadridge Financial Solutions COM 11133T103 25005 1307796 SH DEFINED 01 1307796 Brookline Bancorp Inc. COM 11373M107 69985 6080360 SH DEFINED 01 6080360 CA Inc. COM 12673P105 1512621 58560616 SH DEFINED 01 2625890 55934726 Capital City Bank Group Inc. COM 139674105 48510 1547869 SH DEFINED 01 1547869 Center Bancorp Inc. COM 151408101 12482 845686 SH DEFINED 01 845686 Central Pacific Financial Corp COM 154760102 82321 2493819 SH DEFINED 01 222451 2271368 Centrue Financial Corp. New COM 15643B106 5950 296739 SH DEFINED 01 296739 Checkfree Corp. COM 162813109 92964 2312536 SH DEFINED 01 2312536 Chittenden Corp. COM 170228100 131439 3760774 SH DEFINED 01 6100 3754674 Citizens First Bancorp Inc. COM 17461R106 18268 837975 SH DEFINED 01 837975 Datascope Corp. COM 238113104 39278 1026076 SH DEFINED 01 41500 984576 Dover Downs Gaming & Entmt. COM 260095104 22908 1526200 SH DEFINED 01 50000 1476200 Dundee Corp. CL A COM 264901109 305589 4650464 SH DEFINED 01 409400 4241064 Eastman Kodak Co. COM 277461109 794404 28544869 SH DEFINED 01 937200 27607669 Electro Rent Corp. COM 285218103 63293 4353030 SH DEFINED 01 1249581 3103449 Electro Scientific Industries COM 285229100 17302 831820 SH DEFINED 01 7500 824320 Electronics for Imaging Inc. COM 286082102 3906 138400 SH DEFINED 01 138400 Elmira Savings Bank FSB COM 289660102 2890 125886 SH DEFINED 01 125886 FBL Financial Group Inc. COM 30239F106 15804 401923 SH DEFINED 01 401923 FMS Financial Corp. COM 302509104 2133 74290 SH DEFINED 01 74290 First Citizens Bancshares Inc. COM 31946M103 45974 236491 SH DEFINED 01 236491 First Defiance Financial Corp. COM 32006W106 21323 715060 SH DEFINED 01 715060 First Financial Holdings Inc. COM 320239106 38227 1168665 SH DEFINED 01 1168665 First Niagara Financial Group COM 33582V108 139901 10679485 SH DEFINED 01 146432 10533053 Forest City Enterprises Inc. C COM 345550107 509316 8284247 SH DEFINED 01 514100 7770147 Forest City Enterprises Inc. C COM 345550305 102498 1652924 SH DEFINED 01 115900 1537024 Fulton Financial Corp. COM 360271100 87982 6101394 SH DEFINED 01 13200 6088194 GAMCO Investors Inc. COM 361438104 11939 213000 SH DEFINED 01 213000 Gannett Co. Inc. COM 364730101 209221 3807486 SH DEFINED 01 3807486 Glacier Bancorp Inc. COM 37637Q105 96748 4754221 SH DEFINED 01 4754221 Harrah's Entertainment Inc. COM 413619107 735826 8630377 SH DEFINED 01 232992 8397385 Health Management Assoc. Inc. COM 421933102 242309 21329997 SH DEFINED 01 547000 20782997 Hearst-Argyle Television Inc. COM 422317107 242981 10082184 SH DEFINED 01 10500 10071684 Hewlett-Packard Co. COM 428236103 1268286 28424159 SH DEFINED 01 1296400 27127759 Huntington Bancshares Inc. COM 446150104 124315 5466793 SH DEFINED 01 4798 5461995 Imation Corp. COM 45245A107 100479 2725976 SH DEFINED 01 255500 2470476 Independent Bank Corp.-MA COM 453836108 40484 1370481 SH DEFINED 01 14600 1355881 International Business Machine COM 459200101 108985 1035483 SH DEFINED 01 1035483 International Game Technology COM 459902102 310242 7814671 SH DEFINED 01 47400 7767271 John Wiley & Sons Inc. CL A COM 968223206 428558 8874679 SH DEFINED 01 189700 8684979 Kimball International Inc. CL COM 494274103 1205 86000 SH DEFINED 01 86000 L.S. Starrett Co. CL A COM 855668109 8186 446841 SH DEFINED 01 446841 Lawson Products Inc. COM 520776105 4111 106224 SH DEFINED 01 106224 Lee Enterprises Inc. COM 523768109 55451 2658259 SH DEFINED 01 2658259 Lehman Brothers Holdings Inc. COM 524908100 449708 5932826 SH DEFINED 01 64000 5868826 MGM Mirage COM 552953101 1557580 18884339 SH DEFINED 01 373100 18511239 Marcus Corp. COM 566330106 136789 5757112 SH DEFINED 01 82987 5674125 Massbank Corp. COM 576152102 14063 421034 SH DEFINED 01 64734 356300 Mattson Technology Inc. COM 577223100 5800 597926 SH DEFINED 01 597926 McClatchy Co. CL A COM 579489105 201991 7980686 SH DEFINED 01 112985 7867701 Media General Inc. CL A COM 584404107 28835 866710 SH DEFINED 01 866710 Mentor Graphics Corp. COM 587200106 163058 12381009 SH DEFINED 01 1480800 10900209 Microsoft Corp. COM 594918104 6887 233700 SH DEFINED 01 233700 Mine Safety Appliances Co. COM 602720104 140065 3200764 SH DEFINED 01 186300 3014464 Motorola Inc. COM 620076109 379846 21460200 SH DEFINED 01 45400 21414800 MutualFirst Financial Inc. COM 62845B104 7891 429334 SH DEFINED 01 429334 New York Times Co. CL A COM 650111107 194052 7639836 SH DEFINED 01 28300 7611536 Newport Corp. COM 651824104 74863 4836093 SH DEFINED 01 265800 4570293 Northern Trust Corp. COM 665859104 544744 8479825 SH DEFINED 01 15400 8464425 Novellus Systems Inc. COM 670008101 264835 9335038 SH DEFINED 01 609300 8725738 OceanFirst Financial Corp. COM 675234108 13620 773868 SH DEFINED 01 9050 764818 Oppenheimer Holdings Inc. COM 683797104 132298 2568902 SH DEFINED 01 265300 2303602 Partners Trust Financial Group COM 70213F102 44281 4217195 SH DEFINED 01 4217195 Pervasive Software Inc. COM 715710109 2392 520000 SH DEFINED 01 520000 Pope Resources LP COM 732857107 58204 1196139 SH DEFINED 01 388915 807224 Progress Software Corp. COM 743312100 96716 3042349 SH DEFINED 01 3042349 Provident Financial Services I COM 74386T105 100506 6377268 SH DEFINED 01 235000 6142268 Provident New York Bancorp COM 744028101 18676 1382418 SH DEFINED 01 1382418 Qualcomm Inc. COM 747525103 97870 2255593 SH DEFINED 01 232400 2023193 Quantum Corp. COM 747906204 124567 39295582 SH DEFINED 01 7164300 32131282 Quest Software COM 74834T103 6714 414700 SH DEFINED 01 414700 RR Donnelley & Sons Co. COM 257867101 14315 329013 SH DEFINED 01 12700 316313 Ranier Pacific Financial Group COM 75087U101 8979 518995 SH DEFINED 01 518995 Raymond James Financial Inc. COM 754730109 366584 11863560 SH DEFINED 01 387337 11476223 Royal Caribbean Cruises Ltd COM V7780T103 449998 10469940 SH DEFINED 01 29800 10440140 Seacoast Banking Corp. of Flor COM 811707306 39684 1824553 SH DEFINED 01 28800 1795753 Shuffle Master Inc. COM 825549108 74463 4485745 SH DEFINED 01 4485745 Sky Financial Group Inc. COM 83080P103 71947 2582446 SH DEFINED 01 15300 2567146 Skyline Corp. COM 830830105 13366 445391 SH DEFINED 01 445391 Steris Corp. COM 859152100 56212 1836993 SH DEFINED 01 1836993 Sterling Financial Corp. COM 859319105 123663 4273094 SH DEFINED 01 4273094 Suffolk Bancorp COM 864739107 31642 991280 SH DEFINED 01 187775 803505 Sun Bancorp Inc.-NJ COM 86663B102 29790 1765831 SH DEFINED 01 42541 1723290 Symantec Corp. COM 871503108 813239 40259369 SH DEFINED 01 1753902 38505467 TF Financial Corp. COM 872391107 6278 207561 SH DEFINED 01 207561 Tektronix Inc. COM 879131100 250965 7438194 SH DEFINED 01 274100 7164094 Tibco Software Inc. COM 88632Q103 137699 15215400 SH DEFINED 01 690000 14525400 TierOne Corp. COM 88650R108 52974 1759924 SH DEFINED 01 10000 1749924 Triumph Group Inc. COM 896818101 75027 1145969 SH DEFINED 01 99300 1046669 TrustCo Bank Corporation of NY COM 898349105 8785 889200 SH DEFINED 01 889200 Universal Health Realty Income COM 91359E105 533 16000 SH DEFINED 01 16000 Universal Health Services Inc. COM 913903100 342882 5575325 SH DEFINED 01 164100 5411225 Valley National Bancorp COM 919794107 121254 5391477 SH DEFINED 01 21315 5370162 VeriSign Inc. COM 92343E102 308 9700 SH DEFINED 01 9700 Virco Manufacturing Corp. COM 927651109 7113 1080958 SH DEFINED 01 457380 623578 WSFS Financial Corp. COM 929328102 40957 625967 SH DEFINED 01 625967 Webster Financial Corp. COM 947890109 84258 1974651 SH DEFINED 01 5600 1969051 West Pharmaceutical Services I COM 955306105 60921 1292064 SH DEFINED 01 78200 1213864 Willow Financial Bancorp Inc. COM 97111W101 18422 1417070 SH DEFINED 01 1417070 Windstream Corp. COM 97381W104 362072 24530643 SH DEFINED 01 716568 23814075 Yardville National Bancorp COM 985021104 29327 858767 SH DEFINED 01 858767 Powershares QQQ Trust UNIT SER 1 73935A104 2430 20000 Call DEFINED 01