13F-HR 1 q407.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, 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 February 14, 2008 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: 106 Form 13F Information Table Value Total: $13,959,425 (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 71598 2707926 SH DEFINED 01 2707926 Aehr Test Systems COM 00760J108 6908 1132524 SH DEFINED 01 683000 449524 Anchor Bancorp Wisconsin COM 032839102 42454 1805006 SH DEFINED 01 1805006 AutoNation Inc. COM 05329W102 100384 6410200 SH DEFINED 01 12500 6397700 Avatar Holdings Inc. COM 053494100 79849 1909339 SH DEFINED 01 69300 1840039 Avid Technology Inc. COM 05367P100 146405 5166023 SH DEFINED 01 108200 5057823 BEA Systems Inc. COM 073325102 544472 34503928 SH DEFINED 01 1262619 33241309 Bank of Hawaii Corp. COM 062540109 176047 3442445 SH DEFINED 01 12100 3430345 Bear Stearns Companies Inc. COM 073902108 489016 5541259 SH DEFINED 01 233990 5307269 Berkshire Hills Bancorp Inc. COM 084680107 16350 628858 SH DEFINED 01 628858 Bio-Rad Laboratories Inc. CL A COM 090572207 43813 422823 SH DEFINED 01 422823 Boyd Gaming Corp. COM 103304101 233741 6860604 SH DEFINED 01 71200 6789404 Broadridge Financial Solutions COM 11133T103 18567 827779 SH DEFINED 01 827779 Brookline Bancorp Inc. COM 11373M107 47665 4691469 SH DEFINED 01 4691469 CA Inc. COM 12673P105 1075707 43114508 SH DEFINED 01 2230666 40883842 Capital City Bank Group Inc. COM 139674105 43564 1543721 SH DEFINED 01 1543721 Center Bancorp Inc. COM 151408101 8138 735788 SH DEFINED 01 735788 Central Pacific Financial Corp COM 154760102 38804 2102068 SH DEFINED 01 205143 1896925 Centrue Financial Corp. New COM 15643B106 7014 311736 SH DEFINED 01 311736 Chittenden Corp. COM 170228100 68594 1925713 SH DEFINED 01 1925713 Citizens First Bancorp Inc. COM 17461R106 9665 787683 SH DEFINED 01 787683 Datascope Corp. COM 238113104 34794 955878 SH DEFINED 01 41500 914378 Dover Downs Gaming & Entmt. COM 260095104 25737 2287700 SH DEFINED 01 50000 2237700 Dundee Corp. CL A COM 264901109 255299 13456782 SH DEFINED 01 1228200 12228582 Eastman Kodak Co. COM 277461109 494384 22605589 SH DEFINED 01 891200 21714389 Electro Rent Corp. COM 285218103 60752 4091031 SH DEFINED 01 1229111 2861920 Electro Scientific Industries COM 285229100 11584 583601 SH DEFINED 01 7500 576101 Electronics for Imaging Inc. COM 286082102 3111 138400 SH DEFINED 01 138400 Elmira Savings Bank FSB COM 289660102 2187 111566 SH DEFINED 01 111566 FBL Financial Group Inc. COM 30239F106 9200 266432 SH DEFINED 01 266432 First Citizens Bancshares Inc. COM 31946M103 39157 268474 SH DEFINED 01 268474 First Defiance Financial Corp. COM 32006W106 14845 674144 SH DEFINED 01 674144 First Financial Holdings Inc. COM 320239106 29617 1080129 SH DEFINED 01 8500 1071629 First Niagara Financial Group COM 33582V108 108845 9040268 SH DEFINED 01 146432 8893836 Forest City Enterprises Inc. C COM 345550107 242074 5447210 SH DEFINED 01 196110 5251100 Forest City Enterprises Inc. C COM 345550305 60337 1360169 SH DEFINED 01 86800 1273369 Fulton Financial Corp. COM 360271100 80532 7177535 SH DEFINED 01 13200 7164335 GAMCO Investors Inc. COM 361438104 10636 153700 SH DEFINED 01 153700 Glacier Bancorp Inc. COM 37637Q105 73908 3943887 SH DEFINED 01 3943887 Harrah's Entertainment Inc. COM 413619107 463069 5217683 SH DEFINED 01 133392 5084291 Health Management Assoc. Inc. COM 421933102 153377 25648394 SH DEFINED 01 467673 25180721 Hearst-Argyle Television Inc. COM 422317107 257016 11624409 SH DEFINED 01 20500 11603909 Hewlett-Packard Co. COM 428236103 961983 19056720 SH DEFINED 01 893700 18163020 Huntington Bancshares Inc. COM 446150104 103716 7026834 SH DEFINED 01 4798 7022036 Imation Corp. COM 45245A107 65167 3103197 SH DEFINED 01 255500 2847697 Independent Bank Corp.-MA COM 453836108 33721 1238827 SH DEFINED 01 14600 1224227 International Business Machine COM 459200101 70368 650954 SH DEFINED 01 650954 International Game Technology COM 459902102 367322 8361525 SH DEFINED 01 78300 8283225 John Wiley & Sons Inc. CL A COM 968223206 344749 8047359 SH DEFINED 01 178500 7868859 Kimball International Inc. CL COM 494274103 1071 78200 SH DEFINED 01 78200 L.S. Starrett Co. CL A COM 855668109 3524 208425 SH DEFINED 01 208425 Lawson Products Inc. COM 520776105 3481 91802 SH DEFINED 01 91802 Lehman Brothers Holdings Inc. COM 524908100 190271 2907559 SH DEFINED 01 11900 2895659 MGM Mirage COM 552953101 961843 11447789 SH DEFINED 01 172500 11275289 Marcus Corp. COM 566330106 91805 5942052 SH DEFINED 01 82987 5859065 Massbank Corp. COM 576152102 14141 388278 SH DEFINED 01 64734 323544 Mattson Technology Inc. COM 577223100 12118 1415699 SH DEFINED 01 1415699 Mentor Graphics Corp. COM 587200106 123162 11425022 SH DEFINED 01 1480800 9944222 Mine Safety Appliances Co. COM 602720104 128422 2475844 SH DEFINED 01 146300 2329544 Motorola Inc. COM 620076109 393477 24530996 SH DEFINED 01 575400 23955596 MutualFirst Financial Inc. COM 62845B104 5251 376675 SH DEFINED 01 376675 Newport Corp. COM 651824104 53807 4206974 SH DEFINED 01 265800 3941174 Northern Trust Corp. COM 665859104 548454 7161840 SH DEFINED 01 6000 7155840 Novellus Systems Inc. COM 670008101 257081 9324671 SH DEFINED 01 587300 8737371 OceanFirst Financial Corp. COM 675234108 12482 789527 SH DEFINED 01 9050 780477 Oppenheimer Holdings Inc. COM 683797104 107700 2543088 SH DEFINED 01 218904 2324184 Pervasive Software Inc. COM 715710109 2096 520000 SH DEFINED 01 520000 Pope Resources LP COM 732857107 49827 1165543 SH DEFINED 01 351516 814027 Progress Software Corp. COM 743312100 94418 2803388 SH DEFINED 01 2803388 Provident Financial Services I COM 74386T105 81539 5654579 SH DEFINED 01 235000 5419579 Provident New York Bancorp COM 744028101 19567 1514487 SH DEFINED 01 1514487 Qualcomm Inc. COM 747525103 74380 1890204 SH DEFINED 01 232400 1657804 Quantum Corp. COM 747906204 106590 39624384 SH DEFINED 01 6973500 32650884 Quest Software COM 74834T103 7647 414700 SH DEFINED 01 414700 RR Donnelley & Sons Co. COM 257867101 9715 257413 SH DEFINED 01 12700 244713 Ranier Pacific Financial Group COM 75087U101 6973 470797 SH DEFINED 01 470797 Raymond James Financial Inc. COM 754730109 328055 10044545 SH DEFINED 01 387337 9657208 Riviera Holdings Corp. COM 769627100 3073 99773 SH DEFINED 01 99773 Royal Caribbean Cruises Ltd COM V7780T103 563391 13274989 SH DEFINED 01 141800 13133189 Seacoast Banking Corp. of Flor COM 811707306 18216 1771959 SH DEFINED 01 8800 1763159 Shuffle Master Inc. COM 825549108 36388 3034862 SH DEFINED 01 3034862 Skyline Corp. COM 830830105 11559 393823 SH DEFINED 01 393823 Sprint Nextel Corporation COM 852061100 125722 9575150 SH DEFINED 01 351000 9224150 Standard & Poor's Depositary R COM 78462f103 2771 18950 SH DEFINED 01 18950 Steris Corp. COM 859152100 33548 1163260 SH DEFINED 01 1163260 Sterling Financial Corp. COM 859319105 67421 4015547 SH DEFINED 01 4015547 Suffolk Bancorp COM 864739107 27856 907055 SH DEFINED 01 145535 761520 Sun Bancorp Inc.-NJ COM 86663B102 22060 1397994 SH DEFINED 01 42541 1355453 Symantec Corp. COM 871503108 502503 31133993 SH DEFINED 01 1675547 29458446 TF Financial Corp. COM 872391107 4290 174094 SH DEFINED 01 174094 Tibco Software Inc. COM 88632Q103 120251 14901005 SH DEFINED 01 690000 14211005 TierOne Corp. COM 88650R108 34076 1538439 SH DEFINED 01 10000 1528439 Trane Inc. COM 892893108 42485 909556 SH DEFINED 01 909556 Triumph Group Inc. COM 896818101 83431 1013124 SH DEFINED 01 99300 913824 TrustCo Bank Corporation of NY COM 898349105 17228 1736722 SH DEFINED 01 1736722 Universal Health Services Inc. COM 913903100 239288 4673587 SH DEFINED 01 150800 4522787 Valley National Bancorp COM 919794107 84015 4407944 SH DEFINED 01 21315 4386629 Virco Manufacturing Corp. COM 927651109 7200 975576 SH DEFINED 01 457380 518196 WSFS Financial Corp. COM 929328102 27170 541245 SH DEFINED 01 541245 Webster Financial Corp. COM 947890109 71986 2251673 SH DEFINED 01 2251673 West Pharmaceutical Services I COM 955306105 44418 1094314 SH DEFINED 01 78200 1016114 Whitney Holding Corp. COM 966612103 42056 1608249 SH DEFINED 01 121199 1487050 Willow Financial Bancorp Inc. COM 97111W101 11707 1395299 SH DEFINED 01 1395299 Windstream Corp. COM 97381W104 194195 14915115 SH DEFINED 01 665286 14249829 Xerox Corp. COM 984121103 185870 11480566 SH DEFINED 01 428800 11051766