0001037792-12-000039.txt : 20120515
0001037792-12-000039.hdr.sgml : 20120515
20120515172212
ACCESSION NUMBER: 0001037792-12-000039
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120331
FILED AS OF DATE: 20120515
DATE AS OF CHANGE: 20120515
EFFECTIVENESS DATE: 20120515
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: 12846129
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
pcm13f1q12-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: March 31, 2012
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 May 15, 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: 2,127,517 (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 438 10500 SH Sole 10500
Actuate Corporation 00508b102 5166 822600 SH Sole 822600
3236 515300 SH Defined 01 515300
Adirondack Trust co Saratoga S 007014103 382 280 SH Sole 280
Albany International Corp. 'A' 012348108 229 10000 SH Sole 10000
Alleghany Corporation 017175100 8168 24821 SH Sole 24821
168 509 SH Defined 01 509
Alliance One International Inc 018772103 637 168900 SH Sole 168900
Alphatec Hldgs Inc 02081g102 14825 6255211 SH Sole 6255211
237 100000 SH Defined 01 100000
Amer Eagle Outfitters 02553e106 11181 650410 SH Sole 650410
3906 227225 SH Defined 01 227225
American Financial Group 025932104 7811 202460 SH Sole 202460
147 3800 SH Defined 01 3800
American Woodmark Corporation 030506109 5951 330600 SH Sole 330600
540 30000 SH Defined 01 30000
AngioDynamics, Inc. 03475V101 2622 214034 SH Sole 214034
Anworth Mortgage Asset Corp 037347101 17034 2588719 SH Sole 2588719
6310 958900 SH Defined 01 958900
Applied Industrial Technologie 03820C105 15385 374050 SH Sole 374050
5359 130292 SH Defined 01 130292
Aptargroup, Inc. 038336103 8432 153945 SH Sole 153945
159 2900 SH Defined 01 2900
Asbury Automotive Group, Inc. 043436104 380 14075 SH Sole 14075
Aspen Insurance Holdings Ltd g05384105 14559 521075 SH Sole 521075
4496 160900 SH Defined 01 160900
Atwood Oceanics Inc 050095108 7068 157450 SH Sole 157450
4449 99100 SH Defined 01 99100
Avnet Inc 053807103 16740 460007 SH Sole 460007
255 7000 SH Defined 01 7000
AXT Inc 00246w103 411 64700 SH Sole 64700
Baxter International 071813109 646 10800 SH Sole 10800
Bebe Stores, Inc. 075571109 8045 871600 SH Sole 871600
Benchmark Electronics Inc. 08160H101 2619 158800 SH Sole 158800
Big Lots Inc 089302103 7669 178265 SH Sole 178265
3936 91500 SH Defined 01 91500
Brightpoint, Inc. 109473405 23228 2885440 SH Sole 2885440
4270 530400 SH Defined 01 530400
Brown Shoe Company 115736100 11667 1264000 SH Sole 1264000
Build-A-Bear Workshop, Inc. 120076104 4892 931829 SH Sole 931829
Cache, Inc. 127150308 4870 695701 SH Sole 695701
Cal-Maine Foods Inc New 128030202 8119 212205 SH Sole 212205
2847 74400 SH Defined 01 74400
Callaway Golf 131193104 3792 560950 SH Sole 560950
2727 403400 SH Defined 01 403400
Canadian National Railway 136375102 869 10938 SH Sole 10938
Capitol Federal Financial Inc 14057J101 14843 1249437 SH Sole 1249437
2851 240000 SH Defined 01 240000
Cenveo, Inc. 15670S105 5466 1617136 SH Sole 1617136
Chemtura Corp 163893209 18994 1118626 SH Sole 1118626
5518 325000 SH Defined 01 325000
Cohu Inc. 192576106 16378 1440445 SH Sole 1440445
Coldwater Creek Inc. 193068103 2902 2501500 SH Sole 2501500
Colgate-Palmolive 194162103 4532 46350 SH Sole 46350
Collective Brands 19421w100 19218 977500 SH Sole 977500
Comcast Corporation Cl A 20030n101 300 10000 SH Sole 10000
Compuware Corp 205638109 10978 1194575 SH Sole 1194575
3854 419325 SH Defined 01 419325
Comtech Communications 205826209 2509 77000 SH Sole 77000
Consolidated Graphics Inc. 209341106 19055 421100 SH Sole 421100
Convergys Corporation 212485106 27747 2078450 SH Sole 2078450
8846 662600 SH Defined 01 662600
Cray Computer 225223304 14607 1995500 SH Sole 1995500
CTS Corp 126501105 3824 363500 SH Sole 363500
CVS Corporation 126650100 1788 39917 SH Sole 39917
Cymer Inc. 232572107 6484 129675 SH Sole 129675
3218 64362 SH Defined 01 64362
Dawson Geophysical 239359102 16474 479600 SH Sole 479600
343 10000 SH Defined 01 10000
DDi Corp. 233162502 183 15000 SH Sole 15000
Denbury Resources Inc. 247916208 6645 364535 SH Sole 364535
100 5500 SH Defined 01 5500
Diodes Inc 254543101 3306 142602 SH Sole 142602
1353 58348 SH Defined 01 58348
Dole Food Company Inc 256603101 9367 938589 SH Sole 938589
3340 334624 SH Defined 01 334624
Dynamics Research Corp 268057106 4560 473008 SH Sole 473008
289 30000 SH Defined 01 30000
Ellis Perry Intl 288853104 926 49600 SH Sole 49600
EMCOR Group, Inc. 29084Q100 12118 437150 SH Sole 437150
4327 156100 SH Defined 01 156100
Emulex Corporation 292475209 10790 1039475 SH Sole 1039475
5216 502525 SH Defined 01 502525
Endo Pharmaceuticals Hldgs Inc 29264f205 15945 411700 SH Sole 411700
5596 144475 SH Defined 01 144475
EnerSys 29275y102 26542 766000 SH Sole 766000
Essex Rental Corp 297187106 296 77400 SH Sole 77400
Exactech Inc. 30064e109 5104 322000 SH Sole 322000
269 17000 SH Defined 01 17000
Exide Technologies 302051206 9139 2919800 SH Sole 2919800
476 152000 SH Defined 01 152000
Express Inc. 30219e103 8641 345920 SH Sole 345920
3058 122400 SH Defined 01 122400
Ezcorp Inc 302301106 14042 432675 SH Sole 432675
5101 157175 SH Defined 01 157175
Finisar Corp 31787a507 12063 598638 SH Sole 598638
Finish Line, Inc. 317923100 30171 1421800 SH Sole 1421800
318 15000 SH Defined 01 15000
First Niagara Financial Group, 33582v108 9272 942250 SH Sole 942250
155 15800 SH Defined 01 15800
Fly Leasign Limited Sponsored 34407d109 455 37300 SH Sole 37300
Foot Locker, Inc. 344849104 8855 285185 SH Sole 285185
3108 100100 SH Defined 01 100100
Fossil, Inc. 349882100 6916 52400 SH Sole 52400
FTI Consulting 302941109 9919 264375 SH Sole 264375
101 2700 SH Defined 01 2700
Furniture Brands International 360921100 385 229005 SH Sole 229005
GATX Corp 361448103 4552 112950 SH Sole 112950
4179 103700 SH Defined 01 103700
General Electric 369604103 239 11932 SH Sole 11932
Global PWR Equip Group Inc 37941p306 7903 285323 SH Sole 285323
5085 183573 SH Defined 01 183573
Golfsmith International Holdin 38168y103 5334 1273135 SH Sole 1273135
GSI Technology 36241u106 689 162400 SH Sole 162400
Halozyme Therapeutics, Inc. 40637H109 128 10000 SH Sole 10000
Harmonic Inc 413160102 16473 3011500 SH Sole 3011500
Harris Interactive Inc. 414549105 1734 1303516 SH Sole 1303516
Haverty Furniture Companies In 419596101 10518 947580 SH Sole 947580
488 44000 SH Defined 01 44000
Hot Topic Inc 441339108 4837 476600 SH Sole 476600
Huttig Building 448451104 2384 1644265 SH Sole 1644265
IAC/Interactive Corp 44919p508 8829 179856 SH Sole 179856
3900 79450 SH Defined 01 79450
Imris Inc. 45322n105 33 10000 SH Sole 10000
Innophos Holdings Inc. 45774N108 7209 143836 SH Sole 143836
6061 120931 SH Defined 01 120931
Innospec Inc 45768s105 5211 171514 SH Sole 171514
1955 64348 SH Defined 01 64348
Insight Enterprises 45765U103 32123 1464800 SH Sole 1464800
373 17000 SH Defined 01 17000
Insteel Industries Inc 45774w108 7774 639854 SH Sole 639854
Intermec Inc 458786100 6635 858400 SH Sole 858400
Intl Business Machines 459200101 751 3600 SH Sole 3600
Intuitive Surgical Inc New 46120e602 542 1000 SH Sole 1000
Invesco Mortgage Capital 46131b100 4303 243792 SH Sole 243792
Iridium Communications, Inc. 46269c102 4511 514900 SH Sole 514900
Jabil Circuit 466313103 30000 1194272 SH Sole 1194272
JDA Software 46612K108 330 11996 SH Sole 11996
Johnson & Johnson 478160104 5169 78360 SH Sole 78360
Kadant Inc. 48282T104 357 15000 SH Sole 15000
357 15000 SH Defined 01 15000
Kapstone Paper 48562p103 30023 1524025 SH Sole 1524025
394 20000 SH Defined 01 20000
Kearny Financial 487169104 440 45108 SH Sole 45108
Key Tronic Corp 493144109 468 49450 SH Sole 49450
KHD Humboldt Wedag Int d4024h102 2701 328173 SH Sole 328173
Kinder Morgan Energy Partners 494550106 337 4075 SH Sole 4075
Kirkland's Inc. 497498105 29945 1850751 SH Sole 1850751
404 25000 SH Defined 01 25000
Knight Capital Group Inc. 499005106 25711 1997750 SH Sole 1997750
7012 544825 SH Defined 01 544825
Kratos Defense & Security Solu 50077b207 13574 2541859 SH Sole 2541859
256 48000 SH Defined 01 48000
Kulicke & Soffa Industries Inc 501242101 17502 1408075 SH Sole 1408075
4905 394625 SH Defined 01 394625
La Z Boy Inc 505336107 12367 826700 SH Sole 826700
LeCroy Corporation 52324W109 312 30000 SH Sole 30000
312 30000 SH Defined 01 30000
Lenders Processing Svcs 52602e102 13189 507268 SH Sole 507268
4147 159489 SH Defined 01 159489
Lexmark International Corp 529771107 10207 307079 SH Sole 307079
173 5200 SH Defined 01 5200
Life Technologies Corporation 53217v109 10660 218350 SH Sole 218350
381 7800 SH Defined 01 7800
Magellan Health Services, Inc. 559079207 25144 515148 SH Sole 515148
8578 175750 SH Defined 01 175750
Magnum Hunter Resources, Inc. 55973b102 64 10000 SH Sole 10000
Manitex International Inc. 563420108 271 36950 SH Sole 36950
Markel Corp 570535104 4796 10682 SH Sole 10682
112 250 SH Defined 01 250
Marvell Technology Group Ltd g5876h105 8762 557022 SH Sole 557022
135 8600 SH Defined 01 8600
Matrix Service Co. 576853105 11483 819603 SH Sole 819603
4005 285902 SH Defined 01 285902
McMoran Exploration Co 582411104 5328 497908 SH Sole 497908
3660 342044 SH Defined 01 342044
Mednax Inc 58502b106 16184 217610 SH Sole 217610
5436 73100 SH Defined 01 73100
Mens Wearhouse Inc 587118100 8386 216305 SH Sole 216305
2970 76600 SH Defined 01 76600
Merck & Co 58933y105 692 18028 SH Sole 18028
Metalico Inc. 591176102 6420 1503584 SH Sole 1503584
4461 1044700 SH Defined 01 1044700
MFA Financial Inc. 55272x102 11547 1545761 SH Sole 1545761
2703 361800 SH Defined 01 361800
MFC Industrial LTD 55278t105 21497 2795394 SH Sole 2795394
461 60000 SH Defined 01 60000
MGIC Investment Corp 552848103 568 114500 SH Sole 114500
MHI Hospitality Corporation 55302l102 451 153925 SH Sole 153925
Microsemi Corp 595137100 9120 425370 SH Sole 425370
3210 149700 SH Defined 01 149700
Mid America Apartment Communit 59522j103 21103 314825 SH Sole 314825
7507 112000 SH Defined 01 112000
Molson Coors Brewing Co CL B 60871r209 348 7695 SH Sole 7695
Montpelier Re Holdings, Ltd. g62185106 15457 800075 SH Sole 800075
3997 206900 SH Defined 01 206900
Myriad Genetics Inc. 62855j104 17528 740817 SH Sole 740817
4964 209800 SH Defined 01 209800
National Western Life Insuranc 638522102 4719 34475 SH Sole 34475
3154 23044 SH Defined 01 23044
Nature's Sunshine Products, In 639027101 22376 1396738 SH Sole 1396738
481 30000 SH Defined 01 30000
Neophotonics Corporation 64051t100 2968 627400 SH Sole 627400
Netlist Inc. 64118p109 440 124400 SH Sole 124400
NetScout Systems Inc. 64115t104 14537 714700 SH Sole 714700
New York & Company, Inc. 649295102 9420 2525430 SH Sole 2525430
Newcastle Investment Corp 65105m108 1140 181500 SH Sole 181500
Noble Romans Inc. 655107100 24 40000 SH Sole 40000
Obagi Medical Products 67423r108 19096 1425058 SH Sole 1425058
402 30000 SH Defined 01 30000
Olin Corp 680665205 13456 618680 SH Sole 618680
5285 243000 SH Defined 01 243000
Oplink Communications, Inc. 68375Q403 2792 163300 SH Sole 163300
Opnext Inc 68375v105 6415 4138400 SH Sole 4138400
Parametric Technology New 699173209 18956 678470 SH Sole 678470
PC Mall, Inc. 69323K100 4721 784168 SH Sole 784168
PepsiCo Inc 713448108 5243 79018 SH Sole 79018
PerkinElmer, Inc. 714046109 14622 528626 SH Sole 528626
4223 152675 SH Defined 01 152675
Petroquest Energy Inc 716748108 10290 1675925 SH Sole 1675925
3458 563175 SH Defined 01 563175
Phontronics Inc 719405102 11309 1700600 SH Sole 1700600
266 40000 SH Defined 01 40000
Plains Exploration and Product 726505100 6028 141325 SH Sole 141325
115 2700 SH Defined 01 2700
Powerwave Technologies, Inc. 739363307 660 321770 SH Sole 321770
Precision Castparts 740189105 7654 44267 SH Sole 44267
121 700 SH Defined 01 700
Premiere Global Services, Inc. 740585104 11075 1225116 SH Sole 1225116
4649 514247 SH Defined 01 514247
Procter & Gamble 742718109 522 7766 SH Sole 7766
PVH Corporation 693656100 16638 186256 SH Sole 186256
266 2980 SH Defined 01 2980
Qlogic Corp 747277101 29568 1664850 SH Sole 1664850
8692 489400 SH Defined 01 489400
Quad/Graphics, Inc. 747301109 7296 524916 SH Sole 524916
417 30000 SH Defined 01 30000
Radian Group Inc 750236101 281 64675 SH Sole 64675
Radisys Corp 750459109 10614 1434300 SH Sole 1434300
370 50000 SH Defined 01 50000
Rand Logistics Inc. 752182105 974 115619 SH Sole 115619
Regal Entertainment Group 758766109 22880 1682360 SH Sole 1682360
8495 624655 SH Defined 01 624655
Resolute Energy Corp 76116a108 12089 1062261 SH Sole 1062261
6151 540500 SH Defined 01 540500
Richardson Electronics, Ltd. 763165107 11490 959100 SH Sole 959100
359 30000 SH Defined 01 30000
Rock-Tenn CO-CL A 772739207 2823 41779 SH Sole 41779
54 801 SH Defined 01 801
Royal Gold, Inc. 780287108 4525 69375 SH Sole 69375
85 1300 SH Defined 01 1300
RTI Biologics 74975n105 6880 1859400 SH Sole 1859400
Rudolph Technologies Inc. 781270103 14050 1264603 SH Sole 1264603
555 50000 SH Defined 01 50000
Saba Software, Inc. 784932600 589 60000 SH Sole 60000
Sally Beuty Holdings 79546e104 467 18825 SH Sole 18825
Schnitzer Steel Industries, In 806882106 10448 261890 SH Sole 261890
4089 102500 SH Defined 01 102500
Sensient Technologies Corp 81725T100 23109 608120 SH Sole 608120
6842 180052 SH Defined 01 180052
SI Finl Group Inc MD 78425v104 3451 302202 SH Sole 302202
3231 282919 SH Defined 01 282919
Solta Medical Inc 83438k103 9267 3058288 SH Sole 3058288
212 70000 SH Defined 01 70000
Stage Stores, Inc. 85254C305 6345 390700 SH Sole 390700
Stein Mart Inc 858375108 22024 3336943 SH Sole 3336943
304 46000 SH Defined 01 46000
Steiner Leisure Limited p8744y102 27267 558400 SH Sole 558400
61 1257 SH Defined 01 1257
Suncoke Energy Inc 86722a103 2195 154445 SH Sole 154445
36 2521 SH Defined 01 2521
Sunoco Inc. 86764P109 12837 336480 SH Sole 336480
206 5400 SH Defined 01 5400
Superior Indus Intl 868168105 5196 265925 SH Sole 265925
2945 150700 SH Defined 01 150700
Sykes Enterprises Inc 871237103 3144 199000 SH Sole 199000
Symantec Corp. 871503108 2486 132950 SH Sole 132950
Symmetricom Inc 871543104 17394 3014573 SH Sole 3014573
Symmetry Medical Inc 871546206 3852 544850 SH Sole 544850
3008 425426 SH Defined 01 425426
Syneron Medical Ltd M87245102 6826 636800 SH Sole 636800
SYNNEX Corporation 87162W100 16820 441000 SH Sole 441000
TGC Inds Inc (adjusted for 5% 872417308 17695 1783727 SH Sole 1783727
546 55000 SH Defined 01 55000
Trans World Entertainment 89336Q100 826 389700 SH Sole 389700
TriQuint Semiconductor, Inc. 89674K103 9386 1361300 SH Sole 1361300
3329 482750 SH Defined 01 482750
Tronox Inc 897051306 12235 70215 SH Sole 70215
3450 19800 SH Defined 01 19800
True Religion Apparel, Inc. 89784N104 5042 184025 SH Sole 184025
2918 106500 SH Defined 01 106500
TTM Technologies, Inc. 87305R109 38328 3335795 SH Sole 3335795
172 15000 SH Defined 01 15000
United Financial Bancorp 91030t109 5145 325250 SH Sole 325250
4333 273900 SH Defined 01 273900
Vanda Pharmaceuticals Inc. 921659108 1811 378068 SH Sole 378068
1362 284430 SH Defined 01 284430
Venoco Inc. 92275p307 4335 399930 SH Sole 399930
1536 141670 SH Defined 01 141670
Verint Systems Inc. 92343X100 507 15650 SH Sole 15650
Verizon Communications 92343V104 248 6491 SH Sole 6491
Viasystems Group Inc 92553h803 2590 136450 SH Sole 136450
Viewpoint Financial Group Inc 92672a101 8991 584609 SH Sole 584609
3971 258200 SH Defined 01 258200
Vishay Intertechnology 928298108 25397 2088581 SH Sole 2088581
8190 673560 SH Defined 01 673560
Walgreen Company 931422109 1345 40150 SH Sole 40150
Walter Industries 93317Q105 404 6821 SH Sole 6821
West Marine, Inc. 954235107 14073 1174747 SH Sole 1174747
299 25000 SH Defined 01 25000
Western Alliance Bancorporatio 957638109 390 46000 SH Sole 46000
Westfield Financial Inc 96008p104 3715 469600 SH Sole 469600
2836 358500 SH Defined 01 358500
Westlake Chemical Corp 960413102 12547 193652 SH Sole 193652
207 3200 SH Defined 01 3200
Wet Seal, Inc. 961840105 27100 7855094 SH Sole 7855094
241 70000 SH Defined 01 70000
Whiting Petroleum Corp 966387102 6900 127080 SH Sole 127080
130 2400 SH Defined 01 2400
Felcor Lodging Trust Inc - $1. 31430f200 1877 72475 SH Sole 72475
IShares Comex Gold Tr 464285105 2509 154227 SH Sole 154227