0001037792-12-000001.txt : 20120206
0001037792-12-000001.hdr.sgml : 20120206
20120206170949
ACCESSION NUMBER: 0001037792-12-000001
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111231
FILED AS OF DATE: 20120206
DATE AS OF CHANGE: 20120206
EFFECTIVENESS DATE: 20120206
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: PARADIGM CAPITAL MANAGEMENT INC/NY
CENTRAL INDEX KEY: 0001037792
IRS NUMBER: 141770168
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-06298
FILM NUMBER: 12574436
BUSINESS ADDRESS:
STREET 1: 9 ELK STREET
CITY: ALBANY
STATE: NY
ZIP: 12207
BUSINESS PHONE: 5184313500
MAIL ADDRESS:
STREET 1: 9 ELK STREET
CITY: ALBANY
STATE: NY
ZIP: 12207
13F-HR
1
pcm13f4q11-finalwithcover.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, 2011
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: Paradigm Capital Management, Inc.
Address: 9 Elk Street
Albany, NY 12207
13F File Number: 028-06298
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: John V. Gulick
Title: Vice President, Chief Compliance Officer
Phone: (518) 431-3500
Signature, Place, and Date of Signing:
/s/ John V. Gulick Albany, NY February 6, 2012
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 321
Form 13F Information Table Value Total: 1,888,496 (x1000)
List of Other Included Managers:
No. 13F File Number Name
- --- --------------- -----------------------------------
01 028-00000 Paradigm Funds Advisor LLC
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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
Acacia Research Corp 003881307 663 18150 SH Sole 18150
Acadia Healthcare Co Inc 00404a109 449 45031 SH Sole 45031
Actuate Corporation 00508b102 4699 801800 SH Sole 801800
2583 440700 SH Defined 01 440700
Adirondack Trust co Saratoga S 007014103 367 280 SH Sole 280
Albany International Corp. 'A' 012348108 231 10000 SH Sole 10000
Albany Molecular Research Inc. 012423109 1479 504904 SH Sole 504904
Alleghany Corporation 017175100 7077 24806 SH Sole 24806
117 409 SH Defined 01 409
Alphatec Hldgs Inc 02081g102 9084 5281214 SH Sole 5281214
110 64000 SH Defined 01 64000
Amer Eagle Outfitters 02553e106 20005 1308355 SH Sole 1308355
4841 316600 SH Defined 01 316600
American Financial Group 025932104 7461 202250 SH Sole 202250
118 3200 SH Defined 01 3200
American Woodmark Corporation 030506109 2569 188037 SH Sole 188037
Anaren Microwave 032744104 4195 252400 SH Sole 252400
Anworth Mortgage Asset Corp 037347101 16001 2548005 SH Sole 2548005
5252 836300 SH Defined 01 836300
Applied Industrial Technologie 03820C105 13859 394050 SH Sole 394050
4305 122392 SH Defined 01 122392
Aptargroup, Inc. 038336103 8026 153845 SH Sole 153845
125 2400 SH Defined 01 2400
Aspen Insurance Holdings Ltd g05384105 13695 516775 SH Sole 516775
3707 139900 SH Defined 01 139900
Atwood Oceanics Inc 050095108 5366 134850 SH Sole 134850
2881 72400 SH Defined 01 72400
Avnet Inc 053807103 13936 448255 SH Sole 448255
375 12060 SH Defined 01 12060
Barnes Group Inc. 067806109 301 12500 SH Sole 12500
Baxter International 071813109 534 10800 SH Sole 10800
Bebe Stores, Inc. 075571109 9343 1121658 SH Sole 1121658
Benchmark Electronics Inc. 08160H101 2157 160100 SH Sole 160100
Berkshire Hathaway Cl B 084670702 243 3191 SH Sole 3191
Big Lots Inc 089302103 5829 154365 SH Sole 154365
3304 87500 SH Defined 01 87500
Bon-Ton Stores, Inc. 09776J101 3289 975900 SH Sole 975900
Brightpoint, Inc. 109473405 36374 3380495 SH Sole 3380495
6992 649770 SH Defined 01 649770
Brown Shoe Company 115736100 11282 1267600 SH Sole 1267600
285 32000 SH Defined 01 32000
Build-A-Bear Workshop, Inc. 120076104 8279 978595 SH Sole 978595
Cache, Inc. 127150308 5251 848300 SH Sole 848300
Cal-Maine Foods Inc New 128030202 8089 221205 SH Sole 221205
3551 97100 SH Defined 01 97100
Canadian National Railway 136375102 666 8476 SH Sole 8476
96 1220 SH Defined 01 1220
Capitol Federal Financial Inc 14057J101 14316 1240522 SH Sole 1240522
1290 111800 SH Defined 01 111800
Cedar Fair, L.P. 150185106 278 12950 SH Sole 12950
Celadon Group Inc 150838100 246 20825 SH Sole 20825
Cenveo, Inc. 15670S105 12735 3745650 SH Sole 3745650
Chemtura Corp 163893209 12399 1093356 SH Sole 1093356
3196 281800 SH Defined 01 281800
Cloud Peak Energy Inc. 18911q102 4326 223900 SH Sole 223900
1422 73600 SH Defined 01 73600
Cohu Inc. 192576106 15665 1380220 SH Sole 1380220
Coldwater Creek Inc. 193068103 5017 4251500 SH Sole 4251500
Colgate-Palmolive 194162103 4289 46420 SH Sole 46420
Collective Brands 19421w100 14561 1013300 SH Sole 1013300
Compuware Corp 205638109 13700 1646575 SH Sole 1646575
3370 405000 SH Defined 01 405000
Comtech Communications 205826209 3349 117000 SH Sole 117000
Consolidated Graphics Inc. 209341106 19893 412024 SH Sole 412024
Convergys Corporation 212485106 25079 1963900 SH Sole 1963900
6631 519300 SH Defined 01 519300
Cray Computer 225223304 12875 1989900 SH Sole 1989900
CTS Corp 126501105 9413 1023200 SH Sole 1023200
CVS Corporation 126650100 1423 34905 SH Sole 34905
Cymer Inc. 232572107 8666 174150 SH Sole 174150
4862 97700 SH Defined 01 97700
Dawson Geophysical 239359102 2655 67159 SH Sole 67159
Dillards Inc. 254067101 9905 220700 SH Sole 220700
Diodes Inc 254543101 6510 305652 SH Sole 305652
2394 112400 SH Defined 01 112400
Dole Food Company Inc 256603101 6698 774300 SH Sole 774300
1503 173800 SH Defined 01 173800
Dynamics Research Corp 268057106 439 38732 SH Sole 38732
238 21000 SH Defined 01 21000
Ellis Perry Intl 288853104 711 50000 SH Sole 50000
EMCOR Group, Inc. 29084Q100 19455 725650 SH Sole 725650
4818 179700 SH Defined 01 179700
Emulex Corporation 292475209 6777 987925 SH Sole 987925
3052 444900 SH Defined 01 444900
Endo Pharmaceuticals Hldgs Inc 29264f205 13958 404215 SH Sole 404215
4700 136100 SH Defined 01 136100
Energy XXI Bermuda Limited g10082140 235 7375 SH Sole 7375
EnerSys 29275y102 19825 763400 SH Sole 763400
Ethan Allen Interiors 297602104 237 10000 SH Sole 10000
Exactech Inc. 30064e109 5303 322000 SH Sole 322000
280 17000 SH Defined 01 17000
Exide Technologies 302051206 9354 3556500 SH Sole 3556500
400 152000 SH Defined 01 152000
Express Inc. 30219e103 9895 496225 SH Sole 496225
4215 211400 SH Defined 01 211400
Ezcorp Inc 302301106 9245 350575 SH Sole 350575
3897 147800 SH Defined 01 147800
Finisar Corp 31787a507 10023 598538 SH Sole 598538
Finish Line, Inc. 317923100 27878 1445600 SH Sole 1445600
Flotek Industries Inc 343389102 870 87325 SH Sole 87325
Fly Leasign Limited Sponsored 34407d109 339 27075 SH Sole 27075
Foot Locker, Inc. 344849104 10217 428585 SH Sole 428585
4444 186400 SH Defined 01 186400
Fossil, Inc. 349882100 5841 73600 SH Sole 73600
FTI Consulting 302941109 11071 260975 SH Sole 260975
98 2300 SH Defined 01 2300
Furniture Brands International 360921100 359 291901 SH Sole 291901
GATX Corp 361448103 4792 109750 SH Sole 109750
3916 89700 SH Defined 01 89700
General Dynamics Corp 369550108 521 7842 SH Sole 7842
General Electric 369604103 214 11932 SH Sole 11932
Global PWR Equip Group Inc 37941p306 6705 282323 SH Sole 282323
4217 177573 SH Defined 01 177573
Golfsmith International Holdin 38168y103 4074 1273135 SH Sole 1273135
Goodrich Corporation 382388106 247 2000 SH Sole 2000
Greenbrier Companies Inc 393657101 428 17625 SH Sole 17625
GSI Technology 36241u106 800 171000 SH Sole 171000
H&E Equipment Services Inc 404030108 539 40175 SH Sole 40175
Halozyme Therapeutics, Inc. 40637H109 95 10000 SH Sole 10000
Harmonic Inc 413160102 15175 3010925 SH Sole 3010925
Harris Interactive Inc. 414549105 1180 2026016 SH Sole 2026016
Haverty Furniture Companies In 419596101 10217 930466 SH Sole 930466
483 44000 SH Defined 01 44000
Hewlett-Packard 428236103 242 9400 SH Sole 9400
Hot Topic Inc 441339108 7553 1142700 SH Sole 1142700
Huttig Building 448451104 844 1623273 SH Sole 1623273
IAC/Interactive Corp 44919p508 8792 206396 SH Sole 206396
4508 105810 SH Defined 01 105810
Imris Inc. 45322n105 27 10000 SH Sole 10000
Innophos Holdings Inc. 45774N108 6793 139890 SH Sole 139890
4720 97200 SH Defined 01 97200
Innospec Inc 45768s105 5598 199419 SH Sole 199419
1851 65948 SH Defined 01 65948
Insight Enterprises 45765U103 25869 1691874 SH Sole 1691874
260 17000 SH Defined 01 17000
Insteel Industries Inc 45774w108 14114 1284300 SH Sole 1284300
Intermec Inc 458786100 9734 1419000 SH Sole 1419000
137 20000 SH Defined 01 20000
Intl Business Machines 459200101 846 4600 SH Sole 4600
Intuitive Surgical Inc New 46120e602 463 1000 SH Sole 1000
Invesco Mortgage Capital 46131b100 3438 244732 SH Sole 244732
Iridium Communications, Inc. 46269c102 4873 632100 SH Sole 632100
J.M. Smucker Company 832696405 5748 73528 SH Sole 73528
94 1200 SH Defined 01 1200
Jabil Circuit 466313103 24439 1243072 SH Sole 1243072
JDA Software 46612K108 551 16996 SH Sole 16996
Johnson & Johnson 478160104 5145 78450 SH Sole 78450
Kadant Inc. 48282T104 339 15000 SH Sole 15000
113 5000 SH Defined 01 5000
Kapstone Paper 48562p103 24122 1532500 SH Sole 1532500
252 16000 SH Defined 01 16000
Kearny Financial 487169104 373 39314 SH Sole 39314
KEMET Corporation 488360207 223 31650 SH Sole 31650
KHD Humboldt Wedag Int d4024h102 2107 328176 SH Sole 328176
Kinder Morgan Energy Partners 494550106 698 8219 SH Sole 8219
Kirkland's Inc. 497498105 22009 1654800 SH Sole 1654800
279 21000 SH Defined 01 21000
Knight Capital Group Inc. 499005106 22702 1920650 SH Sole 1920650
5026 425250 SH Defined 01 425250
Kratos Defense & Security Solu 50077b207 14387 2409810 SH Sole 2409810
287 48000 SH Defined 01 48000
Kulicke & Soffa Industries Inc 501242101 10497 1134775 SH Sole 1134775
3089 334000 SH Defined 01 334000
La Z Boy Inc 505336107 10792 906900 SH Sole 906900
LeCroy Corporation 52324W109 252 30000 SH Sole 30000
101 12000 SH Defined 01 12000
Lenders Processing Svcs 52602e102 10564 701003 SH Sole 701003
2443 162089 SH Defined 01 162089
Lexmark International Corp 529771107 9987 302002 SH Sole 302002
142 4300 SH Defined 01 4300
Life Technologies Corporation 53217v109 7330 188390 SH Sole 188390
210 5400 SH Defined 01 5400
Magellan Health Services, Inc. 559079207 18031 364484 SH Sole 364484
4739 95800 SH Defined 01 95800
Magnum Hunter Resources, Inc. 55973b102 669 124175 SH Sole 124175
Markel Corp 570535104 4430 10682 SH Sole 10682
62 150 SH Defined 01 150
Marvell Technology Group Ltd g5876h105 7073 510690 SH Sole 510690
100 7200 SH Defined 01 7200
Matrix Service Co. 576853105 9009 954303 SH Sole 954303
2433 257702 SH Defined 01 257702
McMoran Exploration Co 582411104 7109 488561 SH Sole 488561
4382 301200 SH Defined 01 301200
Mednax Inc 58502b106 15684 217810 SH Sole 217810
5206 72300 SH Defined 01 72300
Mens Wearhouse Inc 587118100 11933 368200 SH Sole 368200
4174 128800 SH Defined 01 128800
Merck & Co 58933y105 680 18028 SH Sole 18028
Mercury Computer Systems 589378108 1411 106200 SH Sole 106200
Metalico Inc. 591176102 4728 1437172 SH Sole 1437172
2992 909400 SH Defined 01 909400
MFA Financial Inc. 55272x102 9981 1485329 SH Sole 1485329
2052 305300 SH Defined 01 305300
MFC Industrial LTD 55278t105 19387 2765619 SH Sole 2765619
315 45000 SH Defined 01 45000
Microsemi Corp 595137100 5586 333470 SH Sole 333470
3084 184100 SH Defined 01 184100
Mid America Apartment Communit 59522j103 12723 203400 SH Sole 203400
4616 73800 SH Defined 01 73800
Molson Coors Brewing Co CL B 60871r209 802 18410 SH Sole 18410
Montpelier Re Holdings, Ltd. g62185106 14102 794475 SH Sole 794475
3167 178400 SH Defined 01 178400
Myriad Genetics Inc. 62855j104 19320 922655 SH Sole 922655
5168 246800 SH Defined 01 246800
National Western Life Insuranc 638522102 4715 34625 SH Sole 34625
2699 19825 SH Defined 01 19825
Nature's Sunshine Products, In 639027101 15213 980215 SH Sole 980215
Natus Medical 639050103 2000 212100 SH Sole 212100
104 11000 SH Defined 01 11000
Neophotonics Corporation 64051t100 2881 629000 SH Sole 629000
NetScout Systems Inc. 64115t104 15196 863400 SH Sole 863400
New York & Company, Inc. 649295102 5953 2238083 SH Sole 2238083
Newcastle Investment Corp 65105m108 552 118675 SH Sole 118675
Noble Romans Inc. 655107100 31 40000 SH Sole 40000
Obagi Medical Products 67423r108 12322 1212817 SH Sole 1212817
305 30000 SH Defined 01 30000
Ocwen Financial Corporation 675746309 409 28275 SH Sole 28275
Olin Corp 680665205 12041 612750 SH Sole 612750
4150 211200 SH Defined 01 211200
Oplink Communications, Inc. 68375Q403 2487 151000 SH Sole 151000
Opnext Inc 68375v105 3766 4662000 SH Sole 4662000
Parametric Technology New 699173209 15508 849270 SH Sole 849270
PC Mall, Inc. 69323K100 5321 847330 SH Sole 847330
Pep Boys-Manny Moe & Jack 713278109 252 22925 SH Sole 22925
PepsiCo Inc 713448108 5243 79018 SH Sole 79018
PerkinElmer, Inc. 714046109 10630 531486 SH Sole 531486
2768 138400 SH Defined 01 138400
Petroquest Energy Inc 716748108 9711 1471325 SH Sole 1471325
2627 398100 SH Defined 01 398100
Phontronics Inc 719405102 2678 440400 SH Sole 440400
Plains Exploration and Product 726505100 5202 141671 SH Sole 141671
81 2200 SH Defined 01 2200
Powerwave Technologies, Inc. 739363307 2664 1280830 SH Sole 1280830
Precision Castparts 740189105 7111 43153 SH Sole 43153
180 1090 SH Defined 01 1090
Premiere Global Services, Inc. 740585104 9671 1141791 SH Sole 1141791
4131 487722 SH Defined 01 487722
Procter & Gamble 742718109 518 7766 SH Sole 7766
PVH Corporation 693656100 12822 181901 SH Sole 181901
332 4715 SH Defined 01 4715
Qlogic Corp 747277101 23982 1598825 SH Sole 1598825
5857 390500 SH Defined 01 390500
Quad/Graphics, Inc. 747301109 4564 318300 SH Sole 318300
Quanta Services Inc 74762E102 355 16500 SH Sole 16500
Radisys Corp 750459109 4289 847600 SH Sole 847600
253 50000 SH Defined 01 50000
Rand Logistics Inc. 752182105 688 105619 SH Sole 105619
Regal Entertainment Group 758766109 17253 1444960 SH Sole 1444960
5698 477230 SH Defined 01 477230
Resolute Energy Corp 76116a108 7265 672731 SH Sole 672731
2901 268600 SH Defined 01 268600
Richardson Electronics, Ltd. 763165107 11727 954200 SH Sole 954200
98 8000 SH Defined 01 8000
Rock-Tenn CO-CL A 772739207 4130 71579 SH Sole 71579
64 1101 SH Defined 01 1101
Royal Gold, Inc. 780287108 4671 69275 SH Sole 69275
74 1100 SH Defined 01 1100
RTI Biologics 74975n105 8256 1859400 SH Sole 1859400
Rudolph Technologies Inc. 781270103 7673 828600 SH Sole 828600
296 32000 SH Defined 01 32000
Saba Software, Inc. 784932600 592 75000 SH Sole 75000
Schnitzer Steel Industries, In 806882106 10950 258990 SH Sole 258990
3742 88500 SH Defined 01 88500
Sensient Technologies Corp 81725T100 23252 613520 SH Sole 613520
7014 185077 SH Defined 01 185077
SI Finl Group Inc MD 78425v104 2791 283312 SH Sole 283312
2688 272900 SH Defined 01 272900
Solta Medical Inc 83438k103 11682 3720456 SH Sole 3720456
Stage Stores, Inc. 85254C305 7680 552900 SH Sole 552900
Stein Mart Inc 858375108 24347 3575140 SH Sole 3575140
313 46000 SH Defined 01 46000
Steiner Leisure Limited p8744y102 26614 586350 SH Sole 586350
Summer Infant Inc 865646103 2498 354800 SH Sole 354800
Sunstone Hotel Invs Inc 867892101 707 86750 SH Sole 86750
Superior Indus Intl 868168105 4288 259225 SH Sole 259225
2127 128600 SH Defined 01 128600
Sykes Enterprises Inc 871237103 3135 200200 SH Sole 200200
Symantec Corp. 871503108 2081 132950 SH Sole 132950
Symmetricom Inc 871543104 16186 3002973 SH Sole 3002973
Symmetry Medical Inc 871546206 4400 550650 SH Sole 550650
2571 321726 SH Defined 01 321726
Syneron Medical Ltd M87245102 4333 391463 SH Sole 391463
SYNNEX Corporation 87162W100 20341 667800 SH Sole 667800
TGC Inds Inc 872417308 6768 947850 SH Sole 947850
321 45000 SH Defined 01 45000
Trans World Entertainment 89336Q100 986 389700 SH Sole 389700
TriQuint Semiconductor, Inc. 89674K103 4883 1002600 SH Sole 1002600
1608 330200 SH Defined 01 330200
Tronox Inc 897051306 10516 87636 SH Sole 87636
3012 25100 SH Defined 01 25100
True Religion Apparel, Inc. 89784N104 484 14000 SH Sole 14000
TTM Technologies, Inc. 87305R109 37258 3399495 SH Sole 3399495
Twin Disc Inc 901476101 423 11650 SH Sole 11650
United Financial Bancorp 91030t109 5109 317550 SH Sole 317550
3818 237300 SH Defined 01 237300
Vanda Pharmaceuticals Inc. 921659108 3150 661668 SH Sole 661668
2955 620830 SH Defined 01 620830
Venoco Inc. 92275p307 6256 924130 SH Sole 924130
1443 213200 SH Defined 01 213200
Verizon Communications 92343V104 260 6491 SH Sole 6491
Viasystems Group Inc 92553h803 898 53085 SH Sole 53085
Viewpoint Financial Group Inc 92672a101 7243 556717 SH Sole 556717
2903 223100 SH Defined 01 223100
Vishay Intertechnology 928298108 19966 2220943 SH Sole 2220943
6179 687360 SH Defined 01 687360
Walter Industries 93317Q105 355 5854 SH Sole 5854
Wellpoint Inc 94973v107 788 11900 SH Sole 11900
West Marine, Inc. 954235107 13522 1162644 SH Sole 1162644
291 25000 SH Defined 01 25000
Westfield Financial Inc 96008p104 3327 452000 SH Sole 452000
2254 306200 SH Defined 01 306200
Westlake Chemical Corp 960413102 7649 190090 SH Sole 190090
109 2700 SH Defined 01 2700
Wet Seal, Inc. 961840105 25769 7904694 SH Sole 7904694
228 70000 SH Defined 01 70000
Whiting Petroleum Corp 966387102 5929 126980 SH Sole 126980
93 2000 SH Defined 01 2000
Felcor Lodging Trust Inc - $1. 31430f200 963 43350 SH Sole 43350
IShares Barclays TIPS Bond ETF 464287176 1955 16753.00 SH Sole 16753.00
IShares Comex Gold Tr 464285105 2080 136587.00 SH Sole 136587.00
49 3200.00 SH Defined 01 3200.00