13F-HR 1 f13f-0630.txt PE-06-30-2010 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2010 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 Management Group, Inc. Address: 20 Corporate Park, Suite 400 Irvine, CA 92606 Form 13F File Number: 028-05223 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: Robert T. Summers, CFA Title: Chief Financial Officer, Private Management Group, Inc. Phone: (949) 752-7500 Signature, Place, and Date of Signing: /s/ Robert T. Summers, CFA Irvine, California August 4, 2010 Report Type (Check only one): |X| 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) |_| 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting managers(s).) |_| 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager. [If there are no entries in this list, omit this section.] I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES AND EXCHANGE ACT OF 1934. Form 13F Summary Page Report Summary: Number of Other Included Managers: 0 (ZERO) Form 13F Information Table Entry Total: 85 Form 13F Information Table Value Total: $715,432,000 List of Other Included Managers: NONE 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- NORTHSTAR RLTY FIN CORP COM 66704R100 3181 1191458 SH SOLE 1191458 ADFITECH INC COM 00687B105 1121 457440 SH SOLE 457440 ASPEN INSURANCE HOLDINGS LTD SHS G05384105 16341 660499 SH SOLE 660499 ARENA RESOURCES INC COM 040049108 11467 359471 SH SOLE 359471 ALPINE GLOBAL PREMIER PPTYS COM SBI 02083A103 5244 971107 SH SOLE 971107 ALLEGHENY ENERGY INC COM 017361106 20854 1008417 SH SOLE 1008417 BLACKROCK LTD DURATION INC T COM SHS 09249W101 15007 924633 SH SOLE 924633 BP PLC SPONSORED ADR 055622104 1008 34914 SH SOLE 34914 BERKSHIRE HATHAWAY INC DEL CL A 084670108 2520 21 SH SOLE 21 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 23090 289747 SH SOLE 289747 BLACKROCK CREDIT ALL INC TR COM 092508100 6634 554711 SH SOLE 554711 CROWN HOLDINGS INC COM 228368106 11078 442394 SH SOLE 442394 COMCAST CORP NEW Cl A 20030N101 6641 382334 SH SOLE 382334 COMCAST CORP NEW CL A SPL 20030N200 9252 563116 SH SOLE 563116 CNA FINL CORP COM 126117100 24342 952359 SH SOLE 952359 CRYSTAL ROCK HLDGS INC COM 22940F103 805 1088482 SH SOLE 1088482 CRYSTAL RIV CAP INC COM 229393301 1548 2668291 SH SOLE 2668291 DU PONT E I DE NEMOURS & CO COM 263534109 4293 124104 SH SOLE 124104 DST SYS INC DEL COM 233326107 589 16284 SH SOLE 16284 EDISON INTL COM 281020107 17783 560627 SH SOLE 560627 FIRST OPPORTUNITY FD INC COM 33587T108 1289 215889 SH SOLE 215889 FAIRFAX FINL HLDGS LTD SUB VTG 303901102 10662 28761 SH SOLE 28761 FRANKLIN UNVL TR SH BEN INT 355145103 5931 1022549 SH SOLE 1022549 WESTERN ASSET VAR RT STRG FD COM 957667108 7053 461577 SH SOLE 461577 GENERAL COMMUNICATION INC CL A 369385109 21285 2804284 SH SOLE 2804284 GRAPHIC PACKAGING HLDG CO COM 388689101 2428 770785 SH SOLE 770785 HOOPER HOLMES INC COM 439104100 3485 6114576 SH SOLE 6114576 HELIOS MULTI SEC HI INC FD I COM NEW 42327Y202 2746 586682 SH SOLE 586682 HELIOS TOTAL RETURN FUND INC COM 42327V109 3134 549756 SH SOLE 549756 HUNTSMAN CORP COM 447011107 1602 184755 SH SOLE 184755 INVESCO INSURED CALI MUNI SE COM 46130W105 2824 217392 SH SOLE 217392 NUVEEN FLOATING RATE INCOME COM 67072T108 1922 177787 SH SOLE 177787 NUVEEN MULT CURR ST GV INCM COM 67090N109 5467 405857 SH SOLE 405857 JOHNSON & JOHNSON COM 478160104 17628 298483 SH SOLE 298483 JPMORGAN CHASE & CO COM 46625H100 12839 350686 SH SOLE 350686 NUVEEN MULTI STRAT INC GR FD COM SHS 67073D102 3795 487836 SH SOLE 487836 LOEWS CORP COM 540424108 13810 414586 SH SOLE 414586 LIBERTY GLOBAL INC COM SER A 530555101 702 27009 SH SOLE 27009 LIBERTY GLOBAL INC COM SER C 530555309 15518 597064 SH SOLE 597064 LIBERTY MEDIA CORP NEW CAP COM SER A 53071M302 28998 691901 SH SOLE 691901 LEVEL 3 COMMUNICATIONS INC COM 52729N100 259 237828 SH SOLE 237828 MEDIACOM COMMUNICATIONS CORP CL A 58446K105 3473 516818 SH SOLE 516818 MFS CHARTER INCOME TR SH BEN INT 552727109 6821 743808 SH SOLE 743808 MFS MULTIMARKET INCOME TR SH BEN INT 552737108 5927 904810 SH SOLE 904810 MCCLATCHY CO CL A 579489105 0 25380 SH SOLE 25380 MTR GAMING GROUP INC COM 553769100 2145 1323847 SH SOLE 1323847 MONTPELIER RE HOLDINGS LTD SHS G62185106 12544 840195 SH SOLE 840195 MERCK & CO INC NEW COM 58933Y105 13336 381348 SH SOLE 381348 MICROSOFT CORP COM 594918104 14500 630160 SH SOLE 630160 MONTGOMERY STR INCOME SECS I COM 614115103 1985 126513 SH SOLE 126513 NEWCASTLE INVT CORP COM 65105M108 1225 457226 SH SOLE 457226 OWENS ILL INC COM NEW 690768403 10312 389864 SH SOLE 389864 PRESTIGE BRANDS HLDGS INC COM 74112D101 1823 257519 SH SOLE 257519 PARK OHIO HLDGS CORP COM 700666100 5670 394041 SH SOLE 394041 PARKWAY PPTYS INC COM 70159Q104 4578 314200 SH SOLE 314200 Q E P INC COM 74727K102 4777 352810 SH SOLE 352810 RCN CORP COM NEW 749361200 11593 782810 SH SOLE 782810 SANDRIDGE ENERGY INC COM 80007P307 120 20600 SH SOLE 20600 SAFEGUARD SCIENTIFICS INC COM NEW 786449207 958 90705 SH SOLE 90705 ISTAR FINL INC COM 45031U101 0 35430 SH SOLE 35430 SPECTRUM BRANDS INC COM NEW 84762L204 5302 209073 SH SOLE 209073 SEMPRA ENERGY COM 816851109 14510 310114 SH SOLE 310114 SOUTHERN UN CO NEW COM 844030106 415 18983 SH SOLE 18983 SAFEWAY INC COM NEW 786514208 15750 801102 SH SOLE 801102 TORCHMARK CORP COM 891027104 16603 335351 SH SOLE 335351 TERRENO RLTY CORP COM 88146M101 1729 97623 SH SOLE 97623 TRAVELERS COMPANIES INC COM 89417E109 15292 310499 SH SOLE 310499 TESORO CORP COM 881609101 8180 700918 SH SOLE 700918 UNITRIN INC COM 913275103 20256 791243 SH SOLE 791243 VALERO ENERGY CORP NEW COM 91913Y100 11281 627430 SH SOLE 627430 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 22697 1098083 SH SOLE 1098083 WINN DIXIE STORES INC COM NEW 974280307 6034 625984 SH SOLE 625984 WILMINGTON TRUST CORP COM 971807102 3868 348785 SH SOLE 348785 WILLIAMS COS INC DEL COM 969457100 10371 567334 SH SOLE 567334 WESCO FINL CORP COM 950817106 12020 37192 SH SOLE 37192 WHITE MTNS INS GROUP LTD COM G9618E107 17926 55293 SH SOLE 55293 XL CAP LTD CL A G98255105 23481 1466620 SH SOLE 1466620 YRC WORLDWIDE INC COM 984249102 3959 26393898 SH SOLE 26393898 ASBURY AUTOMOTIVE GROUP INC NOTE 3.000% 9/1 043436AG9 6134 6861000 SH SOLE 6861000 COVANTA HLDG CORP DBCV 1.000% 2/0 22282EAA0 3167 3388000 SH SOLE 3388000 DST SYS INC DEL DBCV 8/1 233326AD9 4042 3966000 SH SOLE 3966000 DST SYS INC DEL DBCV 4.125% 8/1 233326AE7 1119 1149000 SH SOLE 1149000 NII HLDGS INC NOTE 3.125% 6/1 62913FAJ1 18949 20084000 SH SOLE 20084000 NASH FINCH CO FRNT 1.631% 3/1 631158AD4 9620 21958000 SH SOLE 21958000 SAFEGUARD SCIENTIFICS INC DBCV 2.625% 3/1 786449AG3 14765 15412000 SH SOLE 15412000