0001144969-13-000016.txt : 20130514 0001144969-13-000016.hdr.sgml : 20130514 20130514161753 ACCESSION NUMBER: 0001144969-13-000016 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130331 FILED AS OF DATE: 20130514 DATE AS OF CHANGE: 20130514 EFFECTIVENESS DATE: 20130514 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Polaris Capital Management, Inc. CENTRAL INDEX KEY: 0001316926 IRS NUMBER: 043269043 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11073 FILM NUMBER: 13841804 BUSINESS ADDRESS: STREET 1: 125 SUMMER STREET STREET 2: SUITE 1470 CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 617-951-1365 MAIL ADDRESS: STREET 1: 125 SUMMER STREET STREET 2: SUITE 1470 CITY: BOSTON STATE: MA ZIP: 02110 13F-HR 1 13Fpcm0313.txt POLARIS 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F-HR FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2013 Check here if Amendment [ ]; Amendment Number This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing the Report: Name: Polaris Capital Management, LLC. Address: 125 Summer Street Suite 1470 Boston, MA 02110 13F File Number: 028-11073 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 the Report on Behalf of Reporting Manager: Name: Bernard R. Horn Title: President Phone: 617-951-1365 Signature, Place, and Date of Signing: Bernard R. Horn Boston, MA May 14, 2013 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. 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: 0 Form 13F Information Table Entry Total: 54 Form 13F Information Table Value Total: $ 1,702,862,000 Other Manager Reporting for this Manager: Russell Investment Company 28-01190 List of Other Included Managers: None FORM 13F INFORMATION TABLE Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column8 VALUE SHARES/ SH/PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASCUSIP (x$1000) PRN AMT PRNCALL DISCRETION MANAGERS SOLE SHARED NONE ALLETE Common US0185223 51,465 1,049,884sh sole 1,048,984 AMERIS BANCORP Common US03076K1 36,938 2,574,074sh sole 2,571,452 ASTORIA FINANCIAL CORP Common US0462651 44,890 4,552,708sh sole 4,550,838 BNC BANCORP Common 05566T101 3,279 327,295sh sole 327,295 BROOKLINE BANCORP INC Common US11373M1 13,496 1,476,600sh sole 1,476,300 BROOKS AUTOMATION INC Common US1143401 31,381 3,082,604sh sole 3,078,914 CAMBRIDGE BANCORP Common US1321521 1,016 24,482sh sole 24,482 CARTER'S INC Common US1462291 64,592 1,127,851sh sole 1,126,951 CITY HOLDING CO Common US1778351 167 4,195sh sole 4,195 COLONY BANKCORP INC. Common US19623P1 2,314 424,598sh sole 423,686 DIME COMMUNITY BANCSHARES INC Common US2539221 587 40,900sh sole 40,900 FIRST CONNECTICUT BANCORP, INC. Common US3198501 608 41,300sh sole 41,300 FOREST LABORATORIES INC Common US3458381 49,964 1,313,460sh sole 1,312,660 FRONTIER COMMUNICATIONS CORP Common US35906A1 47,25311,842,929sh sole 11,838,366 GENERAL DYNAMICS CORP. Common US3695501 34,509 489,420sh sole 489,011 H.J. HEINZ COMPANY Common US4230741 56,276 778,693sh sole 778,093 HEWLETT-PACKARD CO Common US4282361 57,090 2,394,703sh sole 2,393,019 INDEPENDENT BANK CORP/MA Common US4538361 45,850 1,406,862sh sole 1,405,809 INTERNATIONAL BANCSHARES CORP Common US4590441 46,998 2,259,542sh sole 2,257,922 JM SMUCKER CO/THE Common US8326964 53,417 538,700sh sole 538,300 MAC-GRAY CORP Common US5541531 13,344 1,042,490sh sole 1,039,490 MARATHON OIL CORP Common US5658491 48,475 1,437,582sh sole 1,436,482 MARATHON PETROLEUM CORP Common US56585A1 81,607 910,791sh sole 909,991 MICROSOFT CORP. Common US5949181 46,881 1,638,900sh sole 1,637,900 NAUGATUCK VALLEY FINANCIAL Common US63906P1 271 38,600sh sole 38,600 NEXTERA ENERGY, INC. Common US65339F1 53,615 690,197sh sole 689,647 PARK STERLING CORP Common US70086Y1 290 51,438sh sole 51,438 PEOPLES BANCORP INC Common US7097891 10,485 468,300sh sole 467,800 PRAXAIR INC. Common US74005P1 45,135 404,657sh sole 404,363 QUEST DIAGNOSTICS Common US74834L1 49,240 872,109sh sole 871,619 QUESTCOR PHARMACEUTICALS Common US74835Y1 52,445 1,611,697sh sole 1,610,197 SOUTHWEST BANCORP INC. Common US8447671 25,831 2,056,612sh sole 2,054,477 THE CHUBB CORPORATION Common US1712321 54,625 624,075sh sole 623,625 UNITED FINANCIAL BANCORP INC Common US91030T1 218 14,362sh sole 14,362 UNITEDHEALTH GROUP INC Common US91324P1 50,095 875,631sh sole 874,877 UNIVEST CORP OF PENNSYLVANIA Common US9152711 20,822 1,195,317sh sole 1,193,697 VERIZON COMMUNICATIONS Common US92343V1 48,083 978,301sh sole 977,416 WEBSTER FINANCIAL CORP - CT Common US9478901 43,253 1,782,877sh sole 1,782,232 WELLPOINT INC (NEW) Common US94973V1 49,995 754,876sh sole 754,234 WESTERN UNION CO. Common US9598021 37,863 2,517,500sh sole 2,515,800 XEROX CORP Common US9841211 46,928 5,456,700sh sole 5,452,800 144A KRBL LIMITED DERIVATIVE Derivative 46632N702 672 1,679,000sh sole 1,679,000 144A LIC HOUSING FINANCE DERIVATIVE Derivative US46627U7 845 204,200sh sole 204,200 144A NIIT TECHNOLOGIES DERIVATIVE Derivative US48125D7 1,439 276,900sh sole 276,900 144A SOUTH INDIAN BANK LIMITED DERIVATIVE Derivative 46632N124 1,143 2,535,250sh sole 2,535,250 144A USHA MARTIN LTD Derivative 46632N140 327 807,100sh sole 807,100 BHP BILLITON PLC - ADR (UK) ADR US05545E2 67,991 1,171,049sh sole 1,011,728 INFOSYS LTD - SP ADR Spon ADR US4567881 95,030 1,762,750sh sole 1,573,346 METHANEX CORPORATION (US SHARES) ADR CA59151K1 360 8,870sh sole 6,950 NOVARTIS AG-ADR ADR US66987V1 57 800sh sole 0 SAMSUNG ELECTRONICS COMMON-GDR GDR US7960508 24,875 36,657sh sole 13,306 SAMSUNG ELECTRONICS PFD N/V-GDR GDR US7960502 144 370sh sole 370 TAIWAN SEMICONDUCTOR - SP ADR Spon ADR 874039100 296 17,239sh sole 17,239 TEVA PHARMACEUTICAL - SP ADR Spon ADR US8816242 88,092 2,220,053sh sole 2,004,334