13F-HR 1 q307.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: September 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 November 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: 114 Form 13F Information Table Value Total: $19,181,718 (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 108153 2822357 SH DEFINED 01 2822357 Aehr Test Systems COM 00760J108 8723 1180334 SH DEFINED 01 683000 497334 Alltel Corp. COM 020039103 1382645 19842783 SH DEFINED 01 726900 19115883 Anchor Bancorp Wisconsin COM 032839102 54498 2018444 SH DEFINED 01 2018444 AutoNation Inc. COM 05329W102 48243 2722508 SH DEFINED 01 12500 2710008 Avatar Holdings Inc. COM 053494100 103922 2081360 SH DEFINED 01 69300 2012060 Avid Technology Inc. COM 05367P100 152869 5645086 SH DEFINED 01 106700 5538386 BEA Systems Inc. COM 073325102 548322 39532945 SH DEFINED 01 1262619 38270326 Bank of Hawaii Corp. COM 062540109 213137 4032865 SH DEFINED 01 12100 4020765 Bear Stearns Companies Inc. COM 073902108 790755 6438849 SH DEFINED 01 204660 6234189 Berkshire Hills Bancorp Inc. COM 084680107 19533 646152 SH DEFINED 01 646152 Bio-Rad Laboratories Inc. CL A COM 090572207 44723 494172 SH DEFINED 01 494172 Boyd Gaming Corp. COM 103304101 257305 6004773 SH DEFINED 01 49100 5955673 Broadridge Financial Solutions COM 11133T103 20412 1077137 SH DEFINED 01 1077137 Brookline Bancorp Inc. COM 11373M107 68074 5873554 SH DEFINED 01 5873554 CA Inc. COM 12673P105 1354556 52665489 SH DEFINED 01 2505366 50160123 Capital City Bank Group Inc. COM 139674105 52293 1676050 SH DEFINED 01 1676050 Center Bancorp Inc. COM 151408101 10165 847047 SH DEFINED 01 847047 Central Pacific Financial Corp COM 154760102 72258 2474595 SH DEFINED 01 205143 2269452 Centrue Financial Corp. New COM 15643B106 7469 373471 SH DEFINED 01 373471 Checkfree Corp. COM 162813109 178777 3841370 SH DEFINED 01 3841370 Chittenden Corp. COM 170228100 81117 2307073 SH DEFINED 01 2307073 Citizens First Bancorp Inc. COM 17461R106 14848 827163 SH DEFINED 01 827163 Datascope Corp. COM 238113104 34524 1021107 SH DEFINED 01 41500 979607 Dover Downs Gaming & Entmt. COM 260095104 22154 2132200 SH DEFINED 01 50000 2082200 Dundee Corp. CL A COM 264901109 317134 14322325 SH DEFINED 01 1228200 13094125 Eastman Kodak Co. COM 277461109 695153 25977311 SH DEFINED 01 891200 25086111 Electro Rent Corp. COM 285218103 59854 4272244 SH DEFINED 01 1229111 3043133 Electro Scientific Industries COM 285229100 18627 777437 SH DEFINED 01 7500 769937 Electronics for Imaging Inc. COM 286082102 3717 138400 SH DEFINED 01 138400 Elmira Savings Bank FSB COM 289660102 2686 125498 SH DEFINED 01 125498 FBL Financial Group Inc. COM 30239F106 14680 371745 SH DEFINED 01 371745 First Citizens Bancshares Inc. COM 31946M103 50555 289877 SH DEFINED 01 289877 First Defiance Financial Corp. COM 32006W106 19180 710353 SH DEFINED 01 710353 First Financial Holdings Inc. COM 320239106 36699 1173257 SH DEFINED 01 1173257 First Niagara Financial Group COM 33582V108 144480 10210633 SH DEFINED 01 146432 10064201 Forest City Enterprises Inc. C COM 345550107 396600 7190001 SH DEFINED 01 361110 6828891 Forest City Enterprises Inc. C COM 345550305 84125 1528989 SH DEFINED 01 86800 1442189 Fulton Financial Corp. COM 360271100 108403 7538460 SH DEFINED 01 13200 7525260 GAMCO Investors Inc. COM 361438104 9902 180700 SH DEFINED 01 180700 Glacier Bancorp Inc. COM 37637Q105 105199 4671358 SH DEFINED 01 4671358 Harrah's Entertainment Inc. COM 413619107 673937 7752645 SH DEFINED 01 215192 7537453 Health Management Assoc. Inc. COM 421933102 178668 25744608 SH DEFINED 01 694500 25050108 Hearst-Argyle Television Inc. COM 422317107 265249 10217599 SH DEFINED 01 10500 10207099 Hewlett-Packard Co. COM 428236103 1227950 24662581 SH DEFINED 01 1232700 23429881 Huntington Bancshares Inc. COM 446150104 147949 8713150 SH DEFINED 01 4798 8708352 Imation Corp. COM 45245A107 75325 3070727 SH DEFINED 01 255500 2815227 Independent Bank Corp.-MA COM 453836108 39340 1324571 SH DEFINED 01 14600 1309971 International Business Machine COM 459200101 103548 879013 SH DEFINED 01 879013 International Game Technology COM 459902102 401176 9308025 SH DEFINED 01 3900 9304125 John Wiley & Sons Inc. CL A COM 968223206 406449 9046264 SH DEFINED 01 174700 8871564 Kimball International Inc. CL COM 494274103 934 82100 SH DEFINED 01 82100 L.S. Starrett Co. CL A COM 855668109 6114 316792 SH DEFINED 01 316792 Lawson Products Inc. COM 520776105 3511 100856 SH DEFINED 01 100856 Lee Enterprises Inc. COM 523768109 14878 955563 SH DEFINED 01 955563 Lehman Brothers Holdings Inc. COM 524908100 295863 4792864 SH DEFINED 01 52200 4740664 MGM Mirage COM 552953101 1529378 17099483 SH DEFINED 01 340100 16759383 Marcus Corp. COM 566330106 114653 5971531 SH DEFINED 01 82987 5888544 Massbank Corp. COM 576152102 15086 407734 SH DEFINED 01 64734 343000 Mattson Technology Inc. COM 577223100 10076 1164890 SH DEFINED 01 1164890 McClatchy Co. CL A COM 579489105 62511 3128657 SH DEFINED 01 3128657 Mentor Graphics Corp. COM 587200106 173359 11480729 SH DEFINED 01 1480800 9999929 Microsoft Corp. COM 594918104 2192 74400 SH DEFINED 01 74400 Mine Safety Appliances Co. COM 602720104 135949 2885781 SH DEFINED 01 146300 2739481 Motorola Inc. COM 620076109 512038 27632914 SH DEFINED 01 401700 27231214 MutualFirst Financial Inc. COM 62845B104 7443 421684 SH DEFINED 01 421684 New York Times Co. CL A COM 650111107 50937 2577764 SH DEFINED 01 2577764 Newport Corp. COM 651824104 70004 4596481 SH DEFINED 01 265800 4330681 Northern Trust Corp. COM 665859104 566070 8541881 SH DEFINED 01 6000 8535881 Novellus Systems Inc. COM 670008101 252087 9247499 SH DEFINED 01 587300 8660199 OceanFirst Financial Corp. COM 675234108 14715 848151 SH DEFINED 01 9050 839101 Oppenheimer Holdings Inc. COM 683797104 104488 2513551 SH DEFINED 01 218904 2294647 Partners Trust Financial Group COM 70213F102 29985 2463828 SH DEFINED 01 2463828 Pervasive Software Inc. COM 715710109 2465 520000 SH DEFINED 01 520000 Pope Resources LP COM 732857107 50887 1200160 SH DEFINED 01 351516 848644 Progress Software Corp. COM 743312100 89497 2953685 SH DEFINED 01 2953685 Provident Financial Services I COM 74386T105 96015 5865328 SH DEFINED 01 235000 5630328 Provident New York Bancorp COM 744028101 19255 1468717 SH DEFINED 01 1468717 Qualcomm Inc. COM 747525103 87531 2071260 SH DEFINED 01 232400 1838860 Quantum Corp. COM 747906204 143132 42097609 SH DEFINED 01 6973500 35124109 Quest Software COM 74834T103 7116 414700 SH DEFINED 01 414700 RR Donnelley & Sons Co. COM 257867101 10683 292213 SH DEFINED 01 12700 279513 Ranier Pacific Financial Group COM 75087U101 9153 548101 SH DEFINED 01 548101 Raymond James Financial Inc. COM 754730109 375123 11419272 SH DEFINED 01 387337 11031935 Riviera Holdings Corp. COM 769627100 1344 47900 SH DEFINED 01 47900 Royal Caribbean Cruises Ltd COM V7780T103 529052 13555016 SH DEFINED 01 123700 13431316 Russell 3000 Index I Shares COM 464287689 56173 638400 SH DEFINED 01 638400 Seacoast Banking Corp. of Flor COM 811707306 34142 1825759 SH DEFINED 01 8800 1816959 Shuffle Master Inc. COM 825549108 60452 4043642 SH DEFINED 01 4043642 Skyline Corp. COM 830830105 13121 436190 SH DEFINED 01 436190 Steris Corp. COM 859152100 40517 1482494 SH DEFINED 01 1482494 Sterling Financial Corp. COM 859319105 133821 4972924 SH DEFINED 01 4972924 Suffolk Bancorp COM 864739107 29678 925705 SH DEFINED 01 145535 780170 Sun Bancorp Inc.-NJ COM 86663B102 32582 1861808 SH DEFINED 01 42541 1819267 Symantec Corp. COM 871503108 704818 36368316 SH DEFINED 01 1675547 34692769 TF Financial Corp. COM 872391107 5602 204305 SH DEFINED 01 204305 Tektronix Inc. COM 879131100 183465 6613727 SH DEFINED 01 256400 6357327 Tibco Software Inc. COM 88632Q103 100058 13539667 SH DEFINED 01 690000 12849667 TierOne Corp. COM 88650R108 44886 1695724 SH DEFINED 01 10000 1685724 Triumph Group Inc. COM 896818101 89305 1092951 SH DEFINED 01 99300 993651 TrustCo Bank Corporation of NY COM 898349105 19760 1807871 SH DEFINED 01 1807871 Universal Health Realty Income COM 91359E105 568 16000 SH DEFINED 01 16000 Universal Health Services Inc. COM 913903100 285188 5240507 SH DEFINED 01 150800 5089707 Valley National Bancorp COM 919794107 124909 5631611 SH DEFINED 01 21315 5610296 Virco Manufacturing Corp. COM 927651109 8150 1051661 SH DEFINED 01 457380 594281 WSFS Financial Corp. COM 929328102 38687 619989 SH DEFINED 01 619989 Webster Financial Corp. COM 947890109 55824 1325355 SH DEFINED 01 1325355 West Pharmaceutical Services I COM 955306105 50479 1211697 SH DEFINED 01 78200 1133497 Whitney Holding Corp. COM 966612103 7790 295299 SH DEFINED 01 121199 174100 Willow Financial Bancorp Inc. COM 97111W101 20061 1612656 SH DEFINED 01 1612656 Windstream Corp. COM 97381W104 322815 22862228 SH DEFINED 01 665286 22196942 Xerox Corp. COM 984121103 62311 3593500 SH DEFINED 01 3593500 Yardville National Bancorp COM 985021104 26970 801975 SH DEFINED 01 801975