13F-HR 1 q410.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, 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 Capital Management, L.P. Address: 8889 Pelican Bay Blvd. Suite 500 Naples, FL 34108 13F File Number: 28-3428 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: Victor Fernandez Title: Chief Compliance Officer Phone: 239-254-2500 Signature, Place, and Date of Signing: Victor Fernandez Naples, Florida February 14, 2011 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: 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: 1 Form 13F Information Table Entry Total: 74 Form 13F Information Table Value Total: $1,483,792 (thousands) List of Other Included Managers: No. 13F File Number Name 1 28-1700 Legg Mason, Inc. 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AGF Management Ltd - CL B COM 001092105 6015 307855 SH DEFINED 01 975 306880 Alere Inc. COM 01449J105 41085 1122537 SH DEFINED 01 97750 1024787 Ameristar Casinos Inc. COM 03070Q101 9446 604372 SH DEFINED 01 604372 AutoNation Inc. COM 05329W102 23997 850962 SH DEFINED 01 850962 Avid Technology Inc. COM 05367P100 26834 1536906 SH DEFINED 01 8625 1528281 Bank of Hawaii Corp. COM 062540109 16107 341181 SH DEFINED 01 2100 339081 Berkshire Hills Bancorp Inc. COM 084680107 1254 56724 SH DEFINED 01 56724 Bio-Rad Laboratories Inc. CL A COM 090572207 3799 36577 SH DEFINED 01 36577 Black Hills Corp. COM 092113109 16214 540462 SH DEFINED 01 17500 522962 Broadridge Financial Solutions COM 11133T103 5488 250237 SH DEFINED 01 250237 Brookline Bancorp Inc. COM 11373M107 2469 227518 SH DEFINED 01 227518 CA, Inc. COM 12673P105 107406 4394662 SH DEFINED 01 295907 4098755 CapitalSource Inc. COM 14055X102 2199 309701 SH DEFINED 01 309701 Cisco Systems Inc. COM 17275R102 17206 850500 SH DEFINED 01 53100 797400 Consolidated Graphics Inc COM 209341106 2816 58139 SH DEFINED 01 3465 54674 CoreLogic Inc. COM 21871D103 18238 984771 SH DEFINED 01 25625 959146 Covidien plc COM G2554F105 31055 680142 SH DEFINED 01 21600 658542 DHT Holdings, Inc. COM Y2065G105 1757 377754 SH DEFINED 01 377754 Dover Downs Gaming & Entmt. COM 260095104 6233 1833213 SH DEFINED 01 1833213 Dundee Corp. CL A COM 264901109 27712 1351887 SH DEFINED 01 48800 1303087 EZCorp, Inc. COM 302301106 36777 1355597 SH DEFINED 01 48950 1306647 Eastman Kodak Co. COM 277461109 20991 3916293 SH DEFINED 01 313745 3602548 Electro Rent Corp. COM 285218103 10096 624782 SH DEFINED 01 196098 428684 First Defiance Financial Corp. COM 32006W106 840 70626 SH DEFINED 01 70626 First Financial Holdings Inc. COM 320239106 3579 310931 SH DEFINED 01 310931 Forest City Enterprises Inc. C COM 345550107 2019 120950 SH DEFINED 01 120950 Glacier Bancorp Inc. COM 37637Q105 3441 227731 SH DEFINED 01 227731 Global Cash Access Hldgs Inc COM 378967103 243 76212 SH DEFINED 01 76212 Golar LNG Limited COM G9456A100 24515 1633253 SH DEFINED 01 207500 1425753 H&R Block, Inc. COM 093671105 21335 1791313 SH DEFINED 01 58400 1732913 Health Management Assoc. Inc. COM 421933102 45384 4757235 SH DEFINED 01 320238 4436997 Hewlett-Packard Co. COM 428236103 55645 1321725 SH DEFINED 01 81126 1240599 IShares S&P 500 Value COM 464287408 225 3775 SH DEFINED 01 3775 Imation Corp. COM 45245A107 17561 1703297 SH DEFINED 01 1703297 Independent Bank Corp.-MA COM 453836108 5350 197780 SH DEFINED 01 1200 196580 International Business Machine COM 459200101 2157 14699 SH DEFINED 01 14699 International Game Technology COM 459902102 37578 2124244 SH DEFINED 01 68525 2055719 John Wiley & Sons Inc. CL A COM 968223206 19268 425915 SH DEFINED 01 15125 410790 Marcus Corp. COM 566330106 14394 1084739 SH DEFINED 01 50287 1034452 Mentor Graphics Corp. COM 587200106 51822 4318487 SH DEFINED 01 458907 3859580 Mine Safety Appliances Co. COM 602720104 23705 761490 SH DEFINED 01 26475 735015 Motorola, Inc. COM 620076109 69324 7643216 SH DEFINED 01 676577 6966639 National Financial Partners Co COM 63607p208 3393 253193 SH DEFINED 01 253193 National Fuel Gas Co. COM 636180101 10520 160320 SH DEFINED 01 9800 150520 Noble Corporation COM H5833N103 16333 456600 SH DEFINED 01 13725 442875 Northern Trust Corp. COM 665859104 21463 387352 SH DEFINED 01 17350 370002 Novellus Systems Inc. COM 670008101 31356 970171 SH DEFINED 01 60165 910006 OceanFirst Financial Corp. COM 675234108 1232 95712 SH DEFINED 01 4300 91412 Oppenheimer Holdings Inc. COM 683797104 17754 677357 SH DEFINED 01 49700 627657 Pope Resources LP COM 732857107 8052 218807 SH DEFINED 01 44477 174330 Prestige Brands Holdings, Inc. COM 74112D101 3147 263335 SH DEFINED 01 263335 Progress Software Corp. COM 743312100 8483 200069 SH DEFINED 01 200069 Provident New York Bancorp COM 744028101 1338 127560 SH DEFINED 01 127560 Qualcomm Inc. COM 747525103 43078 870448 SH DEFINED 01 88525 781923 Quantum Corp. COM 747906204 67628 18179456 SH DEFINED 01 1782640 16396816 Raymond James Financial Inc. COM 754730109 45301 1385346 SH DEFINED 01 38825 1346521 Schweitzer-Mauduit Internation COM 808541106 1791 28465 SH DEFINED 01 28465 Sprint Nextel Corporation COM 852061100 26460 6255221 SH DEFINED 01 175800 6079421 Suffolk Bancorp COM 864739107 2931 118745 SH DEFINED 01 2325 116420 Swift Energy Company COM 870738101 20791 531071 SH DEFINED 01 13800 517271 Symantec Corp. COM 871503108 70536 4213610 SH DEFINED 01 409793 3803817 TF Financial Corp. COM 872391107 765 34314 SH DEFINED 01 34314 Tibco Software Inc. COM 88632Q103 12448 631557 SH DEFINED 01 631557 Triumph Group Inc. COM 896818101 13473 150691 SH DEFINED 01 15650 135041 UTi Worldwide Inc. COM G87210103 20914 986498 SH DEFINED 01 19200 967298 Ultra Petroleum Corp. COM 903914109 34036 712492 SH DEFINED 01 22050 690442 Universal Health Services Inc. COM 913903100 46064 1060883 SH DEFINED 01 65847 995036 Valeant Pharmaceuticals Intern COM 91911K102 40892 1445462 SH DEFINED 01 45450 1400012 WSFS Financial Corp. COM 929328102 3117 65711 SH DEFINED 01 65711 Wal-Mart Stores, Inc. COM 931142103 29242 542228 SH DEFINED 01 6200 536028 Willis Group Holdings PLC COM G96666105 21550 622293 SH DEFINED 01 18125 604168 Zimmer Holdings Inc COM 98956P102 25342 472092 SH DEFINED 01 14450 457642 Alere Inc Perp Pfd Conv Ser B PFD 01449J204 785 3147 SH DEFINED 01 3147