13F-HR 1 vac13f111406.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: 30 SEPTEMBER 2006 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: ValueAct Capital Management, L.P. ----------------------------------------------------- 435 Pacific Avenue, Fourth Floor ----------------------------------------------------- San Francisco, CA 94133 ----------------------------------------------------- Form 13F File Number: 28- 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: George F. Hamel, Jr. Title: Managing Member Phone: 415-362-3700 Signature, Place, and Date of Signing: /s/ George F. Hamel, Jr. San Francisco, CA November 14, 2006 ------------------ ----------------- ---------------- [Signature] [City, State] [Date] Report Type: [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 --------------- Form 13F Information Table Entry Total: 28 --------------- Form 13F Information Table Value Total: $3,747,548 -------------- (thousands) List of Other Included Managers: NONE VA Partners, LLC FORM 13F INFORMATION TABLE Voting Authority ---------------------- Value Shares/ Sh/ Put/ Invstmt Other Name of Issuer Title of Class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ACXIOM CORP COM 005125109 254,623 10,325,355 SH Sole 10,325,355 ----------------------------------------------------------------------------------------------------------------------------------- ADESA INC COM 00686U104 85,026 3,679,200 SH Sole 3,679,200 ----------------------------------------------------------------------------------------------------------------------------------- ANNALY MORTGAGE MANAGEMENT INC COM 035710409 7,657 582,700 SH Sole 582,700 ----------------------------------------------------------------------------------------------------------------------------------- AVAYA INC COM 053499109 356,454 31,158,600 SH Sole 31,158,600 ----------------------------------------------------------------------------------------------------------------------------------- CATALINA MARKETING CORP COM 148867104 199,268 7,246,100 SH Sole 7,246,100 ----------------------------------------------------------------------------------------------------------------------------------- GARTNER GROUP INC NEW-CL A COM 366651107 362,911 20,631,646 SH Sole 20,631,646 ----------------------------------------------------------------------------------------------------------------------------------- GEVITY HR INC COM 374393106 74,930 3,289,284 SH Sole 3,289,284 ----------------------------------------------------------------------------------------------------------------------------------- HANOVER COMPRESSOR CO COM 410768105 185,146 10,161,700 SH Sole 10,161,700 ----------------------------------------------------------------------------------------------------------------------------------- INTERACTIVE DATA CORP COM 45840J107 5,985 300,000 SH Sole 300,000 ----------------------------------------------------------------------------------------------------------------------------------- MDS INC COM 55269P302 284,022 16,580,400 SH Sole 16,580,400 ----------------------------------------------------------------------------------------------------------------------------------- MSC SOFTWARE CORP COM 553531104 52,861 3,432,526 SH Sole 3,432,526 ----------------------------------------------------------------------------------------------------------------------------------- PER-SE TECHNOLOGIES INC COM 713569309 137,354 6,021,644 SH Sole 6,021,644 ----------------------------------------------------------------------------------------------------------------------------------- PRA INTL COM 69353C101 68,953 2,583,484 SH Sole 2,583,484 ----------------------------------------------------------------------------------------------------------------------------------- REGIS CORPORATION COM 758932107 30,473 850,000 SH Sole 850,000 ----------------------------------------------------------------------------------------------------------------------------------- REUTERS GROUP PLC ORD 25P COM 0236913 433,546 53,293,000 SH Sole 53,293,000 ----------------------------------------------------------------------------------------------------------------------------------- REYNOLDS & REYNOLDS CO CL A COM 761695105 313,828 7,943,000 SH Sole 7,943,000 ----------------------------------------------------------------------------------------------------------------------------------- SABRE GROUP HOLDINGS INC-CL A COM 785905100 16,373 700,000 SH Sole 700,000 ----------------------------------------------------------------------------------------------------------------------------------- SEITEL INC NEW COM 816074405 187,909 51,201,346 SH Sole 51,201,346 ----------------------------------------------------------------------------------------------------------------------------------- SEITEL INC NEW WTS 816074405 44,361 15,037,568 SH Sole 15,037,568 ----------------------------------------------------------------------------------------------------------------------------------- SIRVA INC COM 82967Y104 18,971 7,131,900 SH Sole 7,131,900 ----------------------------------------------------------------------------------------------------------------------------------- SNAP ON TOOLS CORP COM 833034101 164,398 3,690,200 SH Sole 3,690,200 ----------------------------------------------------------------------------------------------------------------------------------- SOLEXA INC COM 83420X105 18,573 2,105,770 SH Sole 2,105,770 ----------------------------------------------------------------------------------------------------------------------------------- SOLEXA INC WTS 83420X105 3,688 1,018,270 SH Sole 1,018,270 ----------------------------------------------------------------------------------------------------------------------------------- TRIZETTO GROUP INC COM 896882107 44,930 2,967,613 SH Sole 2,967,613 ----------------------------------------------------------------------------------------------------------------------------------- USI HLDGS COM 90333H101 72,538 5,353,375 SH Sole 5,353,375 ----------------------------------------------------------------------------------------------------------------------------------- VALEANT PHARMACEUTICALS INTL COM 91911X104 233,902 11,825,200 SH Sole 11,825,200 ----------------------------------------------------------------------------------------------------------------------------------- WARNER CHILCOTT LIMITED COM G9435N108 31,488 2,367,500 SH Sole 2,367,500 ----------------------------------------------------------------------------------------------------------------------------------- WILLIAMS SCOTSMAN INTL INC COM 96950G102 57,380 2,686,319 SH Sole 2,686,319 -----------------------------------------------------------------------------------------------------------------------------------