13F-HR 1 pine13f.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: 03/31/04 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: Pine Capital Management, Inc. Address: 555 Market St. 18th Floor San Francisco, CA 94105 Form 13F File Number: 28-6990 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 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: Art Raitano Title: Chief Operating Officer Phone: (415) 362-7111 Signature, Place, and Date of Signing: By: /s/ Art Raitano City: San Francisco, CA 05/11/04 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 manager (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 manger(s).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 111 Form 13F Information Table Value Total: $96758 (thousands) List of Other Included Managers: Provide a numbered list of the name (s) and Form 13F file number (s) of al institutional investment managers with respect to which this report is filed, other than the manager filing this report. 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ACE CASH EXPRESS INC COM 004403101 227 7535 SH SOLE 7535 ADC TELECOMMUNCTNS INC COM 000886101 55 19100 SH SOLE 19100 ADOBE SYSTEMS INC DEL COM 00724F101 1237 31375 SH SOLE 31375 ALL AMERN SEMICONDUCTOR INC COM 016557407 176 30445 SH SOLE 30445 ALLERGAN INC. COM 018490102 241 2860 SH SOLE 2860 ALTRIA GROUP INC COM COM 02209S103 324 5950 SH SOLE 5950 AMB PPTY CORP COM COM 00163T109 1911 51400 SH SOLE 51400 AMERICAN EXPRESS COCOM COM 025816109 4713 90901 SH SOLE 90901 APACHE CORP COM 037411105 319 7400 SH SOLE 7400 APPLIED MATERIALS INC COM 038222105 661 30920 SH SOLE 30920 ARCH WIRELESS INC CL A COM 039392709 502 15550 SH SOLE 15550 BANK AMER CORPCOM COM 060505104 1452 17933 SH SOLE 17933 BANK OF NEW YORK CO INC COM 064057102 224 7100 SH SOLE 7100 BANK ONE CORP COM COM 06423A103 213 3900 SH SOLE 3900 BERKSHIRE HATHAWAY HLDG INC CL COM 084670108 2332 25 SH SOLE 25 BERKSHIRE HATHAWAY INC DELCL B COM 084670207 5469 1758 SH SOLE 1758 BEST BUY COMPANY INC COM 086516101 253 4900 SH SOLE 4900 BLUEGREEN CORP COM COM 096231105 166 12800 SH SOLE 12800 CAPITAL CORP OF WEST COM COM 140065103 216 5511 SH SOLE 5511 CENTER FINL CORP CALIF COM COM 15146E102 3390 215350 SH SOLE 215350 CENTRAL BANCSHARES INC TEX CMT COM 152424107 885 24905 SH SOLE 24905 CHEVRONTEXACO CORP COM COM 166764100 297 3385 SH SOLE 3385 CISCO SYS INCCOM COM 17275r102 350 14881 SH SOLE 14881 CITIGROUP INC COM COM 172967101 1507 29141 SH SOLE 29141 CITY BK LYNNWOOD WASH COM COM 17770A109 317 9200 SH SOLE 9200 COLLECTING BANK N.A. CL A (HOU COM 193905106 0 12708 SH SOLE 12708 COMMUNITY WEST BANCSHARES COM COM 204157101 385 45793 SH SOLE 45793 COSTCO WHSL CORP NEW COM COM 22160K105 4218 112308 SH SOLE 112308 CVB FINANCIAL CORP COM 126600105 913 43959 SH SOLE 43959 CVS CORP COM COM 126650100 208 5900 SH SOLE 5900 DOMINION RES INC VA COM COM 25746U109 334 5200 SH SOLE 5200 DYNEX CAP INC COM NEW COM 26817Q506 123 19000 SH SOLE 19000 ECHOSTAR COMMUN CORP CLASS A ( COM 278762109 311 9505 SH SOLE 9505 EMC CORP (MASS) COM COM 268648102 148 10885 SH SOLE 10885 ESSEX PROPERTY TRUST COM 297178105 504 7700 SH SOLE 7700 EVIRONMENTAL OIL PROCESSING TE COM 29407Q100 0 75000 SH SOLE 75000 EXXON MOBIL CORP COM COM 30231G102 309 7440 SH SOLE 7440 EZCORP INC CL-A NON VTG COM 302301106 631 61345 SH SOLE 61345 FAIR ISAAC INC COM COM 303250104 244 6750 SH SOLE 6750 FEDERAL HOME LN MTG CORPCOM COM 313400301 461 7800 SH SOLE 7800 FEDERAL NATL MTG ASSN COM COM 313586109 483 6500 SH SOLE 6500 FIRST DATA CORP COMMON COM 319963104 257 6101 SH SOLE 6101 FIRST YEARS INC COM COM 337610109 4107 242863 SH SOLE 242863 GENERAL ELEC CO COM COM 369604103 919 30109 SH SOLE 30109 GENERAL GROWTH PPTYS INC COM COM 370021107 327 9300 SH SOLE 9300 GILLETTE COMPANY COM 375766102 210 5360 SH SOLE 5360 GP STRATEGIES CORP COM COM 36225V104 69 10000 SH SOLE 10000 GREATER BAY BANCORP COM COM 391648102 4421 151146 SH SOLE 151146 HAMILTON BANCORP INC FLA COM COM 407013101 0 20000 SH SOLE 20000 HAWTHORNE FINL CORP COM 420542102 363 8250 SH SOLE 8250 HEARTLAND BANCSHARES INC IND C COM 42234A107 121 10600 SH SOLE 10600 HILB ROGAL & HAMILTON CO COM 431294107 343 9000 SH SOLE 9000 HRPT PPTYS TR COM SH BEN INT COM 40426W101 485 42900 SH SOLE 42900 HUB GROUP INC CL-A COM 443320106 503 16851 SH SOLE 16851 INTEGRATED DEVICE TECH INC COM 458118106 252 16785 SH SOLE 16785 INTEL CORP COM COM 458140100 539 19815 SH SOLE 19815 INTERNATIONAL BUSINESS MACHS C COM 459200101 612 6660 SH SOLE 6660 INTERPUBLIC GROUP COS INC COM 460690100 1079 70162 SH SOLE 70162 ISHARES TR RUSSELL 2000 INDEX COM 464287655 353 3000 SH SOLE 3000 JDS UNIPHASE CORP COM 46612J101 62 15350 SH SOLE 15350 JOHNSON & JOHNSON COM COM 478160104 355 7006 SH SOLE 7006 LIBERTY MEDIA CORP NEW COM SER COM 530718105 192 17552 SH SOLE 17552 MCDONALDS CORP COM 580135101 397 13895 SH SOLE 13895 MCLEAN INDUST INC NEW NO STOCK COM 582087102 0 13600 SH SOLE 13600 MEDTRONIC INC COM COM 585055106 216 4515 SH SOLE 4515 MERCK & CO INCCOM COM 589331107 381 8632 SH SOLE 8632 MERCURY GENERAL CORP COM 589400100 2836 56799 SH SOLE 56799 METAL MGMT INC COM NEW COM 591097209 289 7880 SH SOLE 7880 MICROSOFT CORPCOM COM 594918104 1389 55608 SH SOLE 55608 MID STATE BANCSHARES COM COM 595440108 252 10644 SH SOLE 10644 NATIONAL CITY CORP COM 635405103 240 6732 SH SOLE 6732 NORTH VALLEY BANCORP COM (REDD COM 66304M105 874 49200 SH SOLE 49200 NORTHFIELD LABORATORIES INC CO COM 666135108 1118 69300 SH SOLE 69300 NYFIX INC COM COM 670712108 121 23500 SH SOLE 23500 PFIZER INCCOM COM 717081103 6457 184218 SH SOLE 184218 PRE PAID LEGAL SVCS INC COM COM 740065107 2430 99285 SH SOLE 99285 READING INTL INC CL A COM 755408101 4648 678485 SH SOLE 678485 RENTA A CTR INC NEW COM COM 76009N100 251 7600 SH SOLE 7600 RITE AID CORP COM 767754104 73 13500 SH SOLE 13500 SAFEWAY INC COM NEW COM 786514208 2870 139450 SH SOLE 139450 SEI INVESTMENTS CO COM COM 784117103 3856 116855 SH SOLE 116855 SKY FINL GROUP INC COM COM 83080P103 259 9996 SH SOLE 9996 SUN MICROSYSTEMS INC COM 866810104 2953 709848 SH SOLE 709848 SURETY CAPITAL CORP COM COM 868666207 1 16600 SH SOLE 16600 TELESYSTEM INTL WIRELS COM NEW COM 172 15100 SH SOLE 15100 TEXAS REGL BANCSHARES INC CL A COM 882673106 457 10752 SH SOLE 10752 UNITEDHEALTH GROUP INC COM COM 91324P102 258 4000 SH SOLE 4000 US BANCORP DEL COM NEW COM 902973304 787 28470 SH SOLE 28470 VERIZON COMMUNICATIONS COM COM 92343V104 241 6595 SH SOLE 6595 VLPS LTG SVCS INTL INC COM COM 918261108 351 64900 SH SOLE 64900 WAL MART STORES INC COM COM 931142103 208 3480 SH SOLE 3480 WASHINGTON MUT INCCOM COM 939322103 662 15500 SH SOLE 15500 WELLS FARGO & CO NEW COM COM 949746101 1806 31863 SH SOLE 31863 WESTAMERICA BANCORPORATION COM 957090103 747 14804 SH SOLE 14804 WILSHIRE FINL SVCS GROUP INC C COM 971867205 1090 111500 SH SOLE 111500 WILSHIRE ST BK CALIF MNT SHS COM 97200A101 477 19920 SH SOLE 19920 WING HANG BANK LTD SHS ISIN#HK COM Y9588K109 1569 250000 SH SOLE 250000 csus9300985 COM 0 18691 SH SOLE 18691 csusfula COM 739 739080 SH SOLE 739080 PUTNAM MASTER INCOME TRUST SHA 74683K104 93 14000.000SH SOLE 14000.000 DOWNEY FINL CAP TR 1 10% 9/25/ PRD 261016208 826 31900 SH SOLE 31900 MAGNETIC PULSE INC PFD SER C PRD 558998951 12 12000 SH SOLE 12000 RSTK CALIF LINEAR DEVICES INC PRD 130990898 0 37500 SH SOLE 37500 RSTK CALIF LINEAR DEVICES INC PRD 130990880 0 19200 SH SOLE 19200 FRANKLIN MONEY FUND 354014102 95 94918.050SH SOLE 94918.050 SOURCE CAP INC 836144105 326 5100.000 SH SOLE 5100.000 CHINA YUCHAI INTL LTD COM 540 27000 SH SOLE 27000 MI DEVS INC CL A SUB VTG 224 8000 SH SOLE 8000 TELESYSTEM INTL WIRELS COM NEW 193 17000 SH SOLE 17000 GLAXOSMITHKLINE PLC SPONS ADR 37733W105 337 8428 SH SOLE 8428 SCHLUMBERGER LTD COM ISIN#AN80 806857108 358 5600 SH SOLE 5600