0001037792-12-000040.txt : 20120814 0001037792-12-000040.hdr.sgml : 20120814 20120814153310 ACCESSION NUMBER: 0001037792-12-000040 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120630 FILED AS OF DATE: 20120814 DATE AS OF CHANGE: 20120814 EFFECTIVENESS DATE: 20120814 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: 121032428 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 pcm13f2q12-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: June 30, 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 August 14, 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: 349 Form 13F Information Table Value Total: 2,037,456 (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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3DFX interactive inc 88553x103 0 50000 SH Sole 50000 Actuate Corporation 00508b102 5677 819200 SH Sole 819200 3571 515300 SH Defined 01 515300 Adirondack Trust co Saratoga S 007014103 377 280 SH Sole 280 Albany International Corp. 'A' 012348108 187 10000 SH Sole 10000 Alleghany Corporation 017175100 8832 25996 SH Sole 25996 173 509 SH Defined 01 509 Alliance One International Inc 018772103 584 168900 SH Sole 168900 Alphatec Hldgs Inc 02081g102 11501 6250300 SH Sole 6250300 184 100000 SH Defined 01 100000 Amer Eagle Outfitters 02553e106 9717 492504 SH Sole 492504 3286 166525 SH Defined 01 166525 American Financial Group 025932104 8347 212762 SH Sole 212762 165 4200 SH Defined 01 4200 American Woodmark Corporation 030506109 5599 327400 SH Sole 327400 173 10100 SH Defined 01 10100 Amerigon Incorporation 03070l300 115 10000 SH Sole 10000 AngioDynamics, Inc. 03475V101 4886 406792 SH Sole 406792 Annaly Capital Management Inc 035710409 1722 102615 SH Sole 102615 Anworth Mortgage Asset Corp 037347101 24964 3540954 SH Sole 3540954 6865 973700 SH Defined 01 973700 Apco Oil & Gas International, g0471f109 16520 915249 SH Sole 915249 API Technologies Corp 00187e203 176 47900 SH Sole 47900 Applied Industrial Technologie 03820C105 14188 385025 SH Sole 385025 4820 130792 SH Defined 01 130792 Aptargroup, Inc. 038336103 8278 162145 SH Sole 162145 163 3200 SH Defined 01 3200 Arris Group Inc. 04269q100 505 36300 SH Sole 36300 Aspen Insurance Holdings Ltd g05384105 15471 535325 SH Sole 535325 4667 161500 SH Defined 01 161500 Astronics Corp 046433108 2189 77505 SH Sole 77505 Atwood Oceanics Inc 050095108 5933 156800 SH Sole 156800 3750 99100 SH Defined 01 99100 Avnet Inc 053807103 14370 465657 SH Sole 465657 241 7800 SH Defined 01 7800 Baxter International 071813109 574 10800 SH Sole 10800 Bebe Stores, Inc. 075571109 4848 825900 SH Sole 825900 235 40000 SH Defined 01 40000 Benchmark Electronics Inc. 08160H101 2927 209800 SH Sole 209800 Big Lots Inc 089302103 7468 183090 SH Sole 183090 3732 91500 SH Defined 01 91500 Brightpoint, Inc. 109473405 12911 2386530 SH Sole 2386530 433 80000 SH Defined 01 80000 Brown Shoe Company 115736100 14378 1113700 SH Sole 1113700 258 20000 SH Defined 01 20000 Build-A-Bear Workshop, Inc. 120076104 5511 1152900 SH Sole 1152900 287 60000 SH Defined 01 60000 Builders Firstsource Inc 12008r107 322 67900 SH Sole 67900 C&J Energy Services Inc. 12467b304 1774 95900 SH Sole 95900 1325 71600 SH Defined 01 71600 Cache, Inc. 127150308 3200 695601 SH Sole 695601 Cal-Maine Foods Inc New 128030202 8490 217130 SH Sole 217130 3214 82200 SH Defined 01 82200 Callaway Golf 131193104 3515 594675 SH Sole 594675 2927 495200 SH Defined 01 495200 Canadian National Railway 136375102 1013 12003 SH Sole 12003 Capitol Federal Financial Inc 14057J101 11701 984912 SH Sole 984912 2868 241400 SH Defined 01 241400 Cenveo, Inc. 15670S105 3599 1864950 SH Sole 1864950 Chatham Lodging TR 16208t102 388 27200 SH Sole 27200 Chemtura Corp 163893209 16321 1125611 SH Sole 1125611 4730 326200 SH Defined 01 326200 Cohu Inc. 192576106 15973 1572120 SH Sole 1572120 305 30000 SH Defined 01 30000 Coldwater Creek Inc. 193068103 1949 3568929 SH Sole 3568929 164 300000 SH Defined 01 300000 Colgate-Palmolive 194162103 4825 46350 SH Sole 46350 Collective Brands 19421w100 12029 561600 SH Sole 561600 Comcast Corporation Cl A 20030n101 320 10000 SH Sole 10000 Compuware Corp 205638109 9400 1010775 SH Sole 1010775 3185 342425 SH Defined 01 342425 Comtech Communications 205826209 2201 77000 SH Sole 77000 Comverse Technology, Inc. 205862402 4170 717125 SH Sole 717125 1195 205500 SH Defined 01 205500 Consolidated Graphics Inc. 209341106 14905 513087 SH Sole 513087 290 10000 SH Defined 01 10000 Convergys Corporation 212485106 25096 1699125 SH Sole 1699125 8786 594875 SH Defined 01 594875 Cray Computer 225223304 22118 1831000 SH Sole 1831000 CTS Corp 126501105 3948 419100 SH Sole 419100 Cutera, Inc. 232109108 348 48406 SH Sole 48406 CVS Corporation 126650100 1978 42337 SH Sole 42337 Cymer Inc. 232572107 8072 136925 SH Sole 136925 3812 64662 SH Defined 01 64662 Dawson Geophysical 239359102 13208 554500 SH Sole 554500 476 20000 SH Defined 01 20000 Deckers Outdoor Corporation 243537107 23087 524590 SH Sole 524590 6388 145150 SH Defined 01 145150 Denbury Resources Inc. 247916208 5816 384935 SH Sole 384935 92 6100 SH Defined 01 6100 Dole Food Company Inc 256603101 8432 960339 SH Sole 960339 3219 366624 SH Defined 01 366624 Ducommun Inc 264147109 1470 149800 SH Sole 149800 Dynamics Research Corp 268057106 3405 586100 SH Sole 586100 174 30000 SH Defined 01 30000 Eastern Co 276317104 840 52033 SH Sole 52033 EMCOR Group, Inc. 29084Q100 12456 447750 SH Sole 447750 4362 156800 SH Defined 01 156800 Emulex Corporation 292475209 8310 1154100 SH Sole 1154100 2909 404025 SH Defined 01 404025 Endo Pharmaceuticals Hldgs Inc 29264f205 17062 550730 SH Sole 550730 5975 192875 SH Defined 01 192875 EnerSys 29275y102 25836 736700 SH Sole 736700 Essex Rental Corp 297187106 645 185800 SH Sole 185800 Exactech Inc. 30064e109 4554 271533 SH Sole 271533 293 17467 SH Defined 01 17467 Exide Technologies 302051206 9978 2969700 SH Sole 2969700 511 152000 SH Defined 01 152000 Express Inc. 30219e103 12487 687240 SH Sole 687240 4368 240400 SH Defined 01 240400 Ezcorp Inc 302301106 12688 540850 SH Sole 540850 4440 189275 SH Defined 01 189275 Fabrinet g3323l100 151 12000 SH Sole 12000 Finisar Corp 31787a507 9885 660738 SH Sole 660738 299 20000 SH Defined 01 20000 Finish Line, Inc. 317923100 29853 1427700 SH Sole 1427700 523 25000 SH Defined 01 25000 First Niagara Financial Group, 33582v108 7597 993130 SH Sole 993130 136 17800 SH Defined 01 17800 Fly Leasign Limited Sponsored 34407d109 396 32500 SH Sole 32500 Foot Locker, Inc. 344849104 8915 291521 SH Sole 291521 3073 100500 SH Defined 01 100500 Fossil, Inc. 349882100 4011 52400 SH Sole 52400 FTI Consulting 302941109 5751 200050 SH Sole 200050 63 2200 SH Defined 01 2200 GATX Corp 361448103 4333 112550 SH Sole 112550 3992 103700 SH Defined 01 103700 General Electric 369604103 249 11932 SH Sole 11932 Global PWR Equip Group Inc 37941p306 8919 408363 SH Sole 408363 4323 197938 SH Defined 01 197938 Globecomm Systems 37956X103 4709 464435 SH Sole 464435 GNC Holdings Inc. 36191g107 441 11250 SH Sole 11250 H&E Equipment Services Inc 404030108 286 19025 SH Sole 19025 Halozyme Therapeutics, Inc. 40637H109 89 10000 SH Sole 10000 Harmonic Inc 413160102 14515 3407300 SH Sole 3407300 426 100000 SH Defined 01 100000 Harris Interactive Inc. 414549105 1576 1394728 SH Sole 1394728 Haverty Furniture Companies In 419596101 12123 1085300 SH Sole 1085300 491 44000 SH Defined 01 44000 Headwaters Inc. 42210p102 348 67500 SH Sole 67500 Hot Topic Inc 441339108 4611 475800 SH Sole 475800 Hudson Technologies Inc. 444144109 412 100000 SH Sole 100000 Huttig Building 448451104 1726 1644265 SH Sole 1644265 IAC/Interactive Corp 44919p508 8573 188007 SH Sole 188007 3632 79650 SH Defined 01 79650 Iconix Brand Group Inc 451055107 12176 696960 SH Sole 696960 3155 180600 SH Defined 01 180600 Imris Inc. 45322n105 30 10000 SH Sole 10000 Innophos Holdings Inc. 45774N108 8184 144946 SH Sole 144946 5298 93831 SH Defined 01 93831 Innospec Inc 45768s105 5230 176624 SH Sole 176624 1911 64548 SH Defined 01 64548 Inrad Optics Inc 45779c107 233 613600 SH Sole 613600 Insight Enterprises 45765U103 24559 1459236 SH Sole 1459236 286 17000 SH Defined 01 17000 Insteel Industries Inc 45774w108 5747 515456 SH Sole 515456 Intermec Inc 458786100 2995 483102 SH Sole 483102 Intersil Hldg Corp 46069S109 383 36000 SH Sole 36000 Intl Business Machines 459200101 704 3600 SH Sole 3600 Intuitive Surgical Inc New 46120e602 554 1000 SH Sole 1000 Invesco Mortgage Capital 46131b100 4452 242742 SH Sole 242742 Iridium Communications, Inc. 46269c102 4414 493700 SH Sole 493700 J2 Global Inc 48123v102 7884 298400 SH Sole 298400 2767 104750 SH Defined 01 104750 Jabil Circuit 466313103 24255 1193072 SH Sole 1193072 Johnson & Johnson 478160104 5294 78360 SH Sole 78360 Kadant Inc. 48282T104 352 15000 SH Sole 15000 352 15000 SH Defined 01 15000 Kapstone Paper 48562p103 25050 1580425 SH Sole 1580425 317 20000 SH Defined 01 20000 Kearny Financial 487169104 455 46963 SH Sole 46963 KHD Humboldt Wedag Int d4024h102 379 63000 SH Sole 63000 Kinder Morgan Energy Partners 494550106 320 4075 SH Sole 4075 Kirkland's Inc. 497498105 20518 1823862 SH Sole 1823862 281 25000 SH Defined 01 25000 Knight Capital Group Inc. 499005106 24375 2041475 SH Sole 2041475 6546 548225 SH Defined 01 548225 Knoll Inc 498904200 268 20000 SH Defined 01 20000 Kratos Defense & Security Solu 50077b207 15187 2600521 SH Sole 2600521 409 70000 SH Defined 01 70000 Kulicke & Soffa Industries Inc 501242101 16009 1794750 SH Sole 1794750 4260 477625 SH Defined 01 477625 La Z Boy Inc 505336107 8905 724600 SH Sole 724600 Lenders Processing Svcs 52602e102 2546 100698 SH Sole 100698 677 26789 SH Defined 01 26789 Lexmark International Corp 529771107 7669 288525 SH Sole 288525 152 5700 SH Defined 01 5700 Life Technologies Corporation 53217v109 10249 227800 SH Sole 227800 378 8400 SH Defined 01 8400 Magellan Health Services, Inc. 559079207 27255 601258 SH Sole 601258 8919 196750 SH Defined 01 196750 Magnum Hunter Resources, Inc. 55973b102 42 10000 SH Sole 10000 Markel Corp 570535104 2469 5590 SH Sole 5590 44 100 SH Defined 01 100 Marvell Technology Group Ltd g5876h105 6191 548854 SH Sole 548854 108 9600 SH Defined 01 9600 Masimo Corp 574795100 309 13800 SH Sole 13800 Matrix Service Co. 576853105 9515 839828 SH Sole 839828 3540 312402 SH Defined 01 312402 MBT Finl Corp 578877102 137 50000 SH Sole 50000 McMoran Exploration Co 582411104 6331 499693 SH Sole 499693 4334 342044 SH Defined 01 342044 Mednax Inc 58502b106 15263 222685 SH Sole 222685 5038 73500 SH Defined 01 73500 Mens Wearhouse Inc 587118100 7991 283980 SH Sole 283980 2799 99475 SH Defined 01 99475 Merck & Co 58933y105 753 18028 SH Sole 18028 Metalico Inc. 591176102 1349 613272 SH Sole 613272 1221 555000 SH Defined 01 555000 MFA Financial Inc. 55272x102 16951 2148466 SH Sole 2148466 2956 374700 SH Defined 01 374700 MFC Industrial LTD 55278t105 17580 2608333 SH Sole 2608333 141 20900 SH Defined 01 20900 MHI Hospitality Corporation 55302l102 671 186775 SH Sole 186775 Microsemi Corp 595137100 9705 524870 SH Sole 524870 3288 177800 SH Defined 01 177800 Mid America Apartment Communit 59522j103 21982 322125 SH Sole 322125 7684 112600 SH Defined 01 112600 Molson Coors Brewing Co CL B 60871r209 358 8615 SH Sole 8615 Montpelier Re Holdings, Ltd. g62185106 17509 822400 SH Sole 822400 4424 207800 SH Defined 01 207800 Myriad Genetics Inc. 62855j104 22778 958282 SH Sole 958282 6213 261400 SH Defined 01 261400 National Western Life Insuranc 638522102 5028 35425 SH Sole 35425 3324 23425 SH Defined 01 23425 Nature's Sunshine Products, In 639027101 21608 1431000 SH Sole 1431000 604 40000 SH Defined 01 40000 Neophotonics Corporation 64051t100 2913 589586 SH Sole 589586 Netapp Inc 64110d104 1531 48125 SH Sole 48125 Netlist Inc. 64118p109 281 124400 SH Sole 124400 NetScout Systems Inc. 64115t104 13077 605700 SH Sole 605700 New York & Company, Inc. 649295102 6964 2001100 SH Sole 2001100 Newcastle Investment Corp 65105m108 1026 153150 SH Sole 153150 Noble Romans Inc. 655107100 25 40000 SH Sole 40000 Obagi Medical Products 67423r108 13332 873117 SH Sole 873117 458 30000 SH Defined 01 30000 Odimo Incorporated 67606R107 0 1000 SH Sole 1000 Olin Corp 680665205 13313 637305 SH Sole 637305 5093 243800 SH Defined 01 243800 On Assignment 682159108 319 20000 SH Sole 20000 Oplink Communications, Inc. 68375Q403 6021 445000 SH Sole 445000 406 30000 SH Defined 01 30000 Opnext Inc 68375v105 4915 3900900 SH Sole 3900900 Palomar Medical Technologies, 697529303 94 11110 SH Sole 11110 Parametric Technology New 699173209 7599 362570 SH Sole 362570 PC Connections 69318J100 137 12901 SH Sole 12901 50 4750 SH Defined 01 4750 PC Mall, Inc. 69323K100 4237 783168 SH Sole 783168 PepsiCo Inc 713448108 5581 78978 SH Sole 78978 PerkinElmer, Inc. 714046109 10150 393421 SH Sole 393421 3549 137575 SH Defined 01 137575 Petroquest Energy Inc 716748108 8650 1730050 SH Sole 1730050 3153 630675 SH Defined 01 630675 Phontronics Inc 719405102 12600 2065600 SH Sole 2065600 488 80000 SH Defined 01 80000 Plains Exploration and Product 726505100 2632 74825 SH Sole 74825 53 1500 SH Defined 01 1500 PMFG Inc. 69345P103 14345 1836786 SH Sole 1836786 Powerwave Technologies, Inc. 739363307 212 292000 SH Sole 292000 Precision Castparts 740189105 7684 46717 SH Sole 46717 132 800 SH Defined 01 800 Premiere Global Services, Inc. 740585104 10523 1254241 SH Sole 1254241 4594 547547 SH Defined 01 547547 Procter & Gamble 742718109 476 7766 SH Sole 7766 PVH Corporation 693656100 12206 156911 SH Sole 156911 208 2680 SH Defined 01 2680 Qlogic Corp 747277101 23274 1700050 SH Sole 1700050 6731 491700 SH Defined 01 491700 Quad/Graphics, Inc. 747301109 8719 606316 SH Sole 606316 575 40000 SH Defined 01 40000 Radisys Corp 750459109 11273 1795100 SH Sole 1795100 565 90000 SH Defined 01 90000 Rand Capital Corp 752185108 157 59400 SH Sole 59400 Rand Logistics Inc. 752182105 1035 121769 SH Sole 121769 Regal Entertainment Group 758766109 23665 1719835 SH Sole 1719835 8632 627355 SH Defined 01 627355 Resolute Energy Corp 76116a108 9446 987001 SH Sole 987001 4402 460000 SH Defined 01 460000 Richardson Electronics, Ltd. 763165107 11838 960100 SH Sole 960100 432 35000 SH Defined 01 35000 Richmont Mines Inc. 76547t106 614 132600 SH Sole 132600 454 98100 SH Defined 01 98100 Royal Gold, Inc. 780287108 5745 73275 SH Sole 73275 118 1500 SH Defined 01 1500 RTI Biologics 74975n105 8239 2191284 SH Sole 2191284 376 100000 SH Defined 01 100000 Rudolph Technologies Inc. 781270103 13167 1510000 SH Sole 1510000 523 60000 SH Defined 01 60000 Saba Software, Inc. 784932600 557 60000 SH Sole 60000 Schnitzer Steel Industries, In 806882106 5535 197540 SH Sole 197540 1854 66157 SH Defined 01 66157 Sensient Technologies Corp 81725T100 16520 449770 SH Sole 449770 5788 157577 SH Defined 01 157577 SI Finl Group Inc MD 78425v104 3565 310002 SH Sole 310002 3278 285012 SH Defined 01 285012 Silicon Image 82705T102 922 223482 SH Sole 223482 Solta Medical Inc 83438k103 7633 2604961 SH Sole 2604961 88 30000 SH Defined 01 30000 Stage Stores, Inc. 85254C305 4435 242100 SH Sole 242100 Stein Mart Inc 858375108 26758 3365794 SH Sole 3365794 317 39937 SH Defined 01 39937 Steiner Leisure Limited p8744y102 25971 559598 SH Sole 559598 464 10000 SH Defined 01 10000 Sunoco Inc. 86764P109 16705 351675 SH Sole 351675 285 6000 SH Defined 01 6000 Superior Indus Intl 868168105 4335 264825 SH Sole 264825 2467 150700 SH Defined 01 150700 Sykes Enterprises Inc 871237103 3154 198100 SH Sole 198100 Symantec Corp. 871503108 1942 132950 SH Sole 132950 Symmetricom Inc 871543104 17537 2927773 SH Sole 2927773 Symmetry Medical Inc 871546206 4658 542850 SH Sole 542850 3949 460226 SH Defined 01 460226 Syneron Medical Ltd M87245102 6947 669300 SH Sole 669300 415 40000 SH Defined 01 40000 SYNNEX Corporation 87162W100 17597 510200 SH Sole 510200 TGC Inds Inc (adjusted for 5% 872417308 18230 1877409 SH Sole 1877409 561 57750 SH Defined 01 57750 Tillys Inc 886885102 427 26595 SH Sole 26595 Trans World Entertainment 89336Q100 1208 389700 SH Sole 389700 Transcat Inc. 893529107 3116 500186 SH Sole 500186 TriQuint Semiconductor, Inc. 89674K103 8289 1507175 SH Sole 1507175 2845 517350 SH Defined 01 517350 Tronox LTD. q9235v101 4872 40359 SH Sole 40359 1295 10725 SH Defined 01 10725 True Religion Apparel, Inc. 89784N104 7054 243395 SH Sole 243395 4237 146200 SH Defined 01 146200 TTM Technologies, Inc. 87305R109 31470 3353195 SH Sole 3353195 563 60000 SH Defined 01 60000 United Financial Bancorp 91030t109 6062 421550 SH Sole 421550 4573 318000 SH Defined 01 318000 Verint Systems Inc. 92343X100 462 15650 SH Sole 15650 Verizon Communications 92343V104 288 6491 SH Sole 6491 Viasystems Group Inc 92553h803 6732 396015 SH Sole 396015 Viewpoint Financial Group Inc 92672a101 9232 590309 SH Sole 590309 4038 258200 SH Defined 01 258200 Vishay Intertechnology 928298108 20312 2153991 SH Sole 2153991 6373 675860 SH Defined 01 675860 West Marine, Inc. 954235107 15452 1315077 SH Sole 1315077 470 40000 SH Defined 01 40000 Westfield Financial Inc 96008p104 3415 467800 SH Sole 467800 2617 358500 SH Defined 01 358500 Westlake Chemical Corp 960413102 10670 204162 SH Sole 204162 188 3600 SH Defined 01 3600 Wet Seal, Inc. 961840105 24747 7843894 SH Sole 7843894 221 70000 SH Defined 01 70000 Whiting Petroleum Corp 966387102 5521 134255 SH Sole 134255 111 2700 SH Defined 01 2700 Felcor Lodging Trust Inc - $1. 31430f200 1898 72475 SH Sole 72475 IShares Comex Gold Tr 464285105 2520 161937.00 SH Sole 161937.00