13F-HR 1 v027570_13fhr.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: September 30, 2005 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: Luke P. La Valle, Jr. Address: American Capital Management, Inc. 50 Broad Street - Suite 1609, New York, NY 10004 Form 13F File Number: 028-11313 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: Gayle P. De Santis Title: Office Manager Phone: 212-344-3300 Signature, Place, and Date of Signing: /s/ Gayle P. De Santis New York, NY October 21, 2005 ---------------------- ------------- ----------------- [Signature] [City, State] [Date] 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 manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name 28-______________ _______________________________ [Repeat as necessary. Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 72 Form 13F Information Table Value Total: $ 203045 ----------- (thousands) List of Other Included Managers: Provide a numbered list of the names(s) and Form 13F file numbers(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name ______ 28-______________________ ______________________________ [Repeat as necessary.] 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Bisys Group Cv Sub Deb CONV 055472AB0 1491 1500000 PRN SOLE 1500000 Mercury Interactive Cv Sub Deb CONV 589405AB5 2113 2105000 PRN SOLE 2105000 Sanmina (SCI) Cv Sub Deb CONV 783890AF3 808 840000 PRN SOLE 840000 Skyworks Solutions Cv Sub Deb CONV 83088MAB8 1006 1000000 PRN SOLE 1000000 Valeant Pharmaceuticals Cv Sub CONV 91911XAC8 1722 1900000 PRN SOLE 1900000 Veeco Instruments Cv Sub Deb CONV 922417AB6 5610 6000000 PRN SOLE 6000000 AP Pharma COM 00202J104 180 103500 SH SOLE 103500 Acxiom COM 005125109 2383 127300 SH SOLE 127300 Albany Molecular Research COM 012423109 1791 147025 SH SOLE 147025 AmSurg COM 03232P405 1803 65910 SH SOLE 65910 American Healthways COM 02649v104 369 8700 SH SOLE 8700 Artesyn Technologies COM 043127109 1248 134215 SH SOLE 134215 ArthroCare COM 043136100 1299 32300 SH SOLE 32300 Avid Technology COM 05367P100 929 22440 SH SOLE 22440 BISYS Group COM 055472104 6242 464768 SH SOLE 464768 Baldor Electric COM 057741100 7453 294005 SH SOLE 294005 Biomet COM 090613100 3773 108715 SH SOLE 108715 Brady COM 104674106 619 20000 SH SOLE 20000 Buckeye Partners LP Unit COM 118230101 320 6720 SH SOLE 6720 CYTYC COM 232946103 4321 160925 SH SOLE 160925 Celgene COM 151020104 1073 19750 SH SOLE 19750 Charles River Labs COM 159864107 1196 27430 SH SOLE 27430 Computer Programs and Systems COM 205306103 691 20000 SH SOLE 20000 Digital River COM 25388b104 1292 37075 SH SOLE 37075 Dionex COM 254546104 6158 113510 SH SOLE 113510 ExxonMobil COM 30231G102 248 3900 SH SOLE 3900 Factset Research System COM 303075105 4669 132505 SH SOLE 132505 Forrester Research COM 346563109 6348 304905 SH SOLE 304905 Genzyme COM 372917104 3118 43520 SH SOLE 43520 Haemonetics COM 405024100 12294 258650 SH SOLE 258650 Health Care Properties COM 421915109 761 28200 SH SOLE 28200 HealthSouth COM 421924101 103 24855 SH SOLE 24855 Hecla Mining COM 422704106 109 25000 SH SOLE 25000 ICON PLC ADR COM 45103T107 4005 80095 SH SOLE 80095 IDEXX Laboratories COM 45168D104 10917 163235 SH SOLE 163235 ITRON COM 465741106 4157 91050 SH SOLE 91050 Impath Liquidating TR Cl A COM 45256P100 200 98900 SH SOLE 98900 Interferon Sciences COM 458903408 29 225000 SH SOLE 225000 Intermagnetics General COM 458771102 1119 40040 SH SOLE 40040 Invitrogen COM 46185r100 316 4200 SH SOLE 4200 Jack Henry & Associates COM 426281101 2033 104800 SH SOLE 104800 Johnson & Johnson COM 478160104 5772 91214 SH SOLE 91214 KV Pharmaceutical Cl A COM 482740206 5099 286937 SH SOLE 286937 Kaydon COM 486587108 1499 52750 SH SOLE 52750 Keystone Automotive COM 49338N109 15399 534505 SH SOLE 534505 Manhattan Associates COM 562750109 4940 212950 SH SOLE 212950 MedQuist COM 584949101 1496 119200 SH SOLE 119200 Medicis Pharmaceutical COM 584690309 5236 160825 SH SOLE 160825 Medimmune COM 584699102 201 5975 SH SOLE 5975 Mentor COM 587188103 2750 50000 SH SOLE 50000 Microtek Medical Holdings COM 59515B109 2959 797700 SH SOLE 797700 Mittal Steel COM 60684P101 230 8000 SH SOLE 8000 O'Reilly Automotive COM 686091109 4461 158310 SH SOLE 158310 Orthofix COM N6748L102 4023 92270 SH SOLE 92270 Peregrine Systems COM 71366Q200 3750 148450 SH SOLE 148450 Pharmaceutical Prod Dvlpt COM 717124101 9610 167100 SH SOLE 167100 Quaker Chemical COM 747316107 716 41200 SH SOLE 41200 RF Monolithics COM 74955F106 64 10500 SH SOLE 10500 SBC Communications COM 78387G103 264 11000 SH SOLE 11000 SEI Corp COM 784117103 6238 166000 SH SOLE 166000 Sanmina-SCI COM 800907107 1566 364967 SH SOLE 364967 Seitel COM 816074405 1664 1094746 SH SOLE 1094746 Skyworks Solutions COM 020753109 1826 260150 SH SOLE 260150 Specialty Laboratories COM 84749r100 1849 139750 SH SOLE 139750 Symbol Technology COM 871508107 5707 589606 SH SOLE 589606 UQM Technologies COM 903213106 242 58800 SH SOLE 58800 Valeant Pharmaceuticals Int'l COM 91911x104 6227 310117 SH SOLE 310117 Veeco Instruments COM 922417100 595 37100 SH SOLE 37100 VistaCare COM 92839Y109 1236 85450 SH SOLE 85450 Zebra Technologies COM 989207105 431 11030 SH SOLE 11030 Vanguard Total Stock Mkt Index EF 922908306 502 17000.005SH SOLE 17000.005 Information Resources Continge WT 45676E107 173 314000 SH SOLE 314000