-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, T5Bs0gCVAMScayboVqk1W12LdWRxsGe4CDR6bRciPHDRhzNBIh41wyn/SUK+6CYN dh+X0qHMXogS29OYPZgiFA== 0000903949-05-000006.txt : 20051117 0000903949-05-000006.hdr.sgml : 20051117 20051114180751 ACCESSION NUMBER: 0000903949-05-000006 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050930 FILED AS OF DATE: 20051114 DATE AS OF CHANGE: 20051114 EFFECTIVENESS DATE: 20051115 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NICHOLAS CO INC /WI CENTRAL INDEX KEY: 0000903949 IRS NUMBER: 391091673 STATE OF INCORPORATION: WI FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-04359 FILM NUMBER: 051203701 BUSINESS ADDRESS: STREET 1: 700 N WATER ST STREET 2: STE 1010 CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: 4142724650 MAIL ADDRESS: STREET 2: 700 N WATER ST STE 1010 CITY: MILWAUKEE STATE: WI ZIP: 53202 13F-HR 1 co13f0905.txt UNITES 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.): [x] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Nicholas Company, Inc. Address: 700 North Water Street Suite 1010 Milwaukee, WI 53202 Form 13F File Number: 28-04359 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 therein is true, correct and complete, and that it is understood that all required items, statements, schedules, list, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Jeffrey T. May Title: Senior Vice President and Treasurer Phone: 414-272-4650 Signature, Place, and Date of Signing: /s/ Jeffrey T. May Milwaukee, WI 11/11/2005 - ------------------ ------------- ---------- [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).)
FORM 13F INFORMATION TABLE VALUE SHRS OR SH/INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRNDISCRETION MANAGERS SOLE SHARED NONE Asset Acceptance Capital Corp. COM 04543P100 $719 24,000 SH SOLE 0 24,000 Advisory Board Company (The) COM 00762W107 $1,717 33,000 SH SOLE 0 33,000 Abbott Laboratories COM 002824100 $10,502 247,700 SH SOLE 0 247,700 A.C. Moore Arts & Crafts, Inc. COM 00086T103 $587 30,600 SH SOLE 600 30,000 Affiliated Computer Services, InCL A 008190100 $39,001 714,300 SH SOLE 3,100 711,200 Alberto-Culver Co. CL B CONV 013068101 $50,570 1,130,050 SH SOLE 4,600 1,125,450 A. G. Edwards, Inc. COM 281760108 $2,195 50,100 SH SOLE 400 49,700 Allergan, Inc. COM 018490102 $5,955 65,000 SH SOLE 0 65,000 Assurant, Inc. COM 04621X108 $343 9,000 SH SOLE 0 9,000 Affiliated Managers Group COM 008252108 $119,160 1,645,400 SH SOLE 400 1,645,000 AMIS Holdings, Inc. COM 031538101 $1,785 150,500 SH SOLE 2,000 148,500 AmSurg Corp. COM 03232P405 $2,216 81,000 SH SOLE 1,000 80,000 American National Insurance Co. COM 028591105 $596 5,000 SH SOLE 0 5,000 Andrew Corporation COM 034425108 $1,243 111,500 SH SOLE 1,500 110,000 Apache Corporation COM 037411105 $66,077 878,450 SH SOLE 0 878,450 Applebee's International, Inc. COM 037899101 $7,115 343,900 SH SOLE 8,100 335,800 AptarGroup, Inc. COM 038336103 $3,541 71,100 SH SOLE 5,700 65,400 Avaya Inc. COM 053499109 $2,436 236,500 SH SOLE 0 236,500 Axcan Pharma Inc. COM 054923107 $130 10,100 SH SOLE 0 10,100 American Express Co. COM 025816109 $57,474 1,000,600 SH SOLE 0 1,000,600 AXIS Capital Holdings Ltd. SHS G0692U109 $941 33,000 SH SOLE 4,800 28,200 Biotech HOLDRS Trust DEPOSTRY RCPTS D09067201 $4,768 25,000 SH SOLE 0 25,000 Bandag, Incorporated COM 059815100 $694 16,200 SH SOLE 0 16,200 Becton, Dickinson & Company COM 075887109 $8 150 SH SOLE 0 150 BEA Systems, Inc. COM 073325102 $2,896 322,500 SH SOLE 0 322,500 W. R. Berkley Corp. COM 084423102 $54,596 1,382,875 SH SOLE 0 1,382,875 Biogen Idec Inc. COM 09062X103 $1,184 30,000 SH SOLE 0 30,000 BJ Services Company COM 055482103 $4,571 127,000 SH SOLE 0 127,000 Bank Mutual Corp. COM 063750103 $11,042 1,030,000 SH SOLE 0 1,030,000 Biomet, Inc. COM 090613100 $33,079 953,000 SH SOLE 5,000 948,000 Bemis Company, Inc. COM 081437105 $9,213 373,000 SH SOLE 8,800 364,200 Bristol-Myers Squibb Co. COM 110122108 $23,757 987,400 SH SOLE 0 987,400 Business Objects S.A. SPONSORED ADR 12328X107 $2,259 65,000 SH SOLE 0 65,000 BP p.l.c. SPONSORED ADR 055622104 $18 250 SH SOLE 0 250 Brady Corporation CL A 104674106 $2,030 65,600 SH SOLE 600 65,000 Berkshire Hathaway Inc.-Cl A CL A 084670108 $128,658 1,569 SH SOLE 0 1,569 Berkshire Hathaway Inc. CL B 084670207 $16 6 SH SOLE 0 6 Brown & Brown, Inc. COM 115236101 $9,123 183,600 SH SOLE 3,500 180,100 Boston Scientific Corp. COM 101137107 $34,735 1,486,300 SH SOLE 7,000 1,479,300 Anheuser-Busch Companies, Inc.COCOM 035229103 $11 250 SH SOLE 0 250 Biovail Corp. COM 09067J109 $61 2,600 SH SOLE 0 2,600 Baylake Corp. COM 072788102 $1,869 103,000 SH SOLE 2,000 101,000 Cardinal Health, Inc. COM 14149Y108 $70,003 1,103,447 SH SOLE 3,527 1,099,920 Commerce Bancorp, Inc. COM 200519106 $7,979 260,000 SH SOLE 0 260,000 Clear Channel Communications, InCOM 184502102 $5,008 152,265 SH SOLE 2,200 150,065 Cendant Corporation COM 151313103 $35 1,700 SH SOLE 0 1,700 CDW Computer Centers, Inc. COM 12512N105 $10,034 170,300 SH SOLE 3,200 167,100 CharterMac SH BEN INT 160908109 $615 30,000 SH SOLE 0 30,000 Check Point Software TechnologieORD M22465104 $2,074 85,300 SH SOLE 0 85,300 C.H. Robinson Worldwide, Inc. COM 12541W100 $1,122 17,500 SH SOLE 0 17,500 Cincinnati Financial Corp. COM 172062101 $96 2,295 SH SOLE 0 2,295 CLARCOR Inc. COM 179895107 $488 17,000 SH SOLE 600 16,400 Conor Medsystems, Inc. COM 208264101 $113 4,800 SH SOLE 0 4,800 Cooper Companies, Inc. (The) COM 216648402 $2,084 27,197 SH SOLE 0 27,197 Costco Wholesale Corporation COM 22160K105 $9 200 SH SOLE 0 200 ChoicePoint Inc. COM 170388102 $5,239 121,365 SH SOLE 0 121,365 Correctional Properties Trust COM 22025E104 $150 5,100 SH SOLE 0 5,100 Ceradyne, Inc. COM 156710105 $734 20,000 SH SOLE 0 20,000 Charles River Laboratories Int'lCOM 159864107 $2,137 49,000 SH SOLE 0 49,000 Cintas Corp. COM 172908105 $10,546 256,900 SH SOLE 6,100 250,800 Centex Corporation COM 152312104 $29,061 450,000 SH SOLE 0 450,000 CVS Corp. COM 126650100 $40,938 1,411,156 SH SOLE 8,648 1,402,508 ChevronTexaco Corporation COM 166764100 $1,987 30,700 SH SOLE 3,600 27,100 Citizens Communications Company COM 17453B101 $678 50,000 SH SOLE 0 50,000 Walt Disney Company (The) COM 254687106 $36 1,500 SH SOLE 0 1,500 Discovery Holding Company COM 25468Y102 $1,094 75,786 SH SOLE 2,276 73,510 EchoStar Communications Corp. CL A 278762109 $6,473 218,900 SH SOLE 4,500 214,400 Dolby Laboratories, Inc. COM 25659T107 $30 1,900 SH SOLE 0 1,900 Denbury Resources Inc. COM NEW 247916208 $832 16,500 SH SOLE 1,000 15,500 Doral Financial Corporation COM 25811P100 $654 50,000 SH SOLE 0 50,000 DRS Technologies, Inc. COM 23330X100 $2,122 43,000 SH SOLE 0 43,000 Coinmach Service Corp. COM 19259W107 $1,132 81,200 SH SOLE 0 81,200 Digital Theater Systems, Inc. COM 25389G102 $1,147 68,100 SH SOLE 800 67,300 DIRECTV Group, Inc. COM 25459L106 $2,583 172,454 SH SOLE 9,936 162,518 Duke Energy Corp. COM 264399106 $887 30,400 SH SOLE 0 30,400 DaVita, Inc. COM 23918K108 $85,653 1,859,200 SH SOLE 7,250 1,851,950 Design Within Reach, Inc. COM 250557105 $11 1,200 SH SOLE 1,200 0 Engineered Support Systems, Inc.COM 292866100 $3,023 73,650 SH SOLE 900 72,750 EnCana Corporation COM 292505104 $67,640 1,160,000 SH SOLE 0 1,160,000 Education Management CorporationCOM 28139T101 $3,708 115,000 SH SOLE 0 115,000 Emulex Corp. COM NEW 292475209 $1,920 95,000 SH SOLE 0 95,000 Entegris Inc. COM 29362U104 $1,220 108,000 SH SOLE 3,000 105,000 El Paso Corporation COM 28336L109 $40,310 2,900,000 SH SOLE 0 2,900,000 Equity Residential SH BEN INT 29476L107 $946 25,000 SH SOLE 0 25,000 ITT Educational Services, Inc. COM 45068B109 $3,208 65,000 SH SOLE 0 65,000 Eaton Vance Corp. COM NON VTG 278265103 $10,673 430,000 SH SOLE 0 430,000 Corporate Executive Board CompanCOM 21988R102 $351 4,500 SH SOLE 0 4,500 Expeditors Int'l of Washington, COM 302130109 $5,678 100,000 SH SOLE 0 100,000 Expedia, Inc. COM 302125109 $4,207 212,385 SH SOLE 4,900 207,485 Advanced Medical Optics, Inc. COM 00763M108 $1,727 45,500 SH SOLE 500 45,000 Fastenal Co. COM 311900104 $11,546 189,000 SH SOLE 0 189,000 First Data Corporation COM 319963104 $8 200 SH SOLE 0 200 Family Dollar Stores, Inc. COM 307000109 $1,059 53,300 SH SOLE 9,200 44,100 Factset Research Systems Inc. COM 303075105 $2,026 57,500 SH SOLE 0 57,500 FedEx Corporation COM 31428X106 $74,845 859,000 SH SOLE 2,500 856,500 Fiserv, Inc. COM 337738108 $15,506 338,037 SH SOLE 5,500 332,537 Fifth Third Bancorp COM 316773100 $13,251 360,765 SH SOLE 4,039 356,726 FLIR Systems, Inc. COM 302445101 $3,127 105,700 SH SOLE 700 105,000 FirstMerit Corp. COM 337915102 $2,735 102,100 SH SOLE 6,300 95,800 Fortune Brands, Inc. COM 349631101 $651 8,000 SH SOLE 0 8,000 Fresh Brands, Inc. COM 35803U108 $736 102,200 SH SOLE 0 102,200 Forest Laboratories, Inc. COM 345838106 $7,241 185,800 SH SOLE 3,700 182,100 Fisher Scientific International COM NEW 338032204 $69,647 1,122,428 SH SOLE 2,120 1,120,308 General Dynamics Corp. COM 369550108 $39,452 330,000 SH SOLE 0 330,000 General Electric Company COM 369604103 $20 600 SH SOLE 0 600 Graco, Inc. COM 384109104 $1,908 55,650 SH SOLE 0 55,650 General Mills, Inc. COM 370334104 $289 6,000 SH SOLE 0 6,000 Gentex Corporation COM 371901109 $5,331 306,400 SH SOLE 0 306,400 GlobalSanteFe Corp. COM G3930E101 $3,878 85,000 SH SOLE 0 85,000 GTECH Holdings Corporation COM 400518106 $3,206 100,000 SH SOLE 0 100,000 W.W. Grainger, Inc. COM 384802104 $774 12,300 SH SOLE 0 12,300 HCC Insurance Holdings, Inc. COM 404132102 $3,252 114,000 SH SOLE 1,500 112,500 Health Care Property Investors, COM 421915109 $49 1,800 SH SOLE 0 1,800 Home Depot, Inc. (The) COM 437076102 $48,842 1,280,600 SH SOLE 6,150 1,274,450 Harley-Davidson, Inc. COM 412822108 $6,719 138,700 SH SOLE 5,000 133,700 Helen of Troy Limited COM G4388N106 $20,648 1,000,400 SH SOLE 0 1,000,400 Hewitt Associates, Inc. COM 42822Q100 $8,167 299,395 SH SOLE 8,500 290,895 Hiland Partners, LP UT LTD PARTNER 431291103 $450 9,800 SH SOLE 0 9,800 Health Management Associates, InCL A 421933102 $57,814 2,463,320 SH SOLE 0 2,463,320 Heartland Payment Systems, Inc. COM 42235N108 $21 900 SH SOLE 0 900 Hilb, Rogal and Hamilton Co. COM 431294107 $30 800 SH SOLE 800 0 Hormel Foods Corp. COM 440452100 $7,406 224,500 SH SOLE 2,600 221,900 Harris Corp. COM 413875105 $9,464 226,400 SH SOLE 7,000 219,400 Hyperion Solutions Corporation COM 44914M104 $1,494 30,700 SH SOLE 700 30,000 IAC/InterActiveCorp COM 44919P300 $5,364 211,585 SH SOLE 4,900 206,685 ICU Medical, Inc. COM 44930G107 $1,657 57,600 SH SOLE 800 56,800 IDEXX Laboratories, Inc. COM 45168D104 $1,839 27,500 SH SOLE 0 27,500 International Game Technology COM 459902102 $3,780 140,000 SH SOLE 0 140,000 Ingles Markets, Incorporated CL A 457030104 $540 34,200 SH SOLE 0 34,200 Intel Corporation COM 458140100 $5 200 SH SOLE 0 200 IPC Holdings, Ltd. ORD G4933P101 $865 26,500 SH SOLE 1,000 25,500 International Speedway Corp. CL A 460335201 $9,965 189,926 SH SOLE 0 189,926 Intersil Corp. CL A 46069S109 $6,695 307,400 SH SOLE 6,500 300,900 Illinois Tool Works Inc. COM 452308109 $329 4,000 SH SOLE 0 4,000 iShares Russell 2000 Growth IndeRUSL 2000 GROW 464287648 $2,408 35,000 SH SOLE 0 35,000 Jabil Circuit, Inc. COM 466313103 $7,541 243,900 SH SOLE 3,700 240,200 Johnson Controls, Inc. COM 478366107 $633 10,200 SH SOLE 0 10,200 J. C. Penney Company, Inc. COM 708160106 $4,742 100,000 SH SOLE 0 100,000 Jefferson-Pilot Corporation COM 475070108 $875 17,100 SH SOLE 3,000 14,100 Journal Communications, Inc. COM 481130102 $864 58,000 SH SOLE 0 58,000 Kinetic Concepts, Inc. COM 49460W208 $9,770 172,000 SH SOLE 0 172,000 Keane, Inc. COM 486665102 $1,433 125,400 SH SOLE 2,400 123,000 Kimberly-Clark Corporation COM 494368103 $12 200 SH SOLE 0 200 Kinder Morgan, Inc. COM 49455P101 $1,740 18,100 SH SOLE 1,500 16,600 Kinder Morgan Energy Partners, LUT LTD PARTNER 494550106 $16 300 SH SOLE 0 300 Kinder Morgan Management, LLC SHS 49455U100 $90,858 1,833,286 SH SOLE 0 1,833,286 Knight Transportation, Inc. COM NEW 499064103 $1,754 72,000 SH SOLE 1,400 70,600 Coca-Cola Company (The) COM 191216100 $26 600 SH SOLE 0 600 Kohl's Corp. COM 500255104 $9,032 180,000 SH SOLE 4,800 175,200 Kayne Anderson Energy Total RetuCOM 48660P104 $17,150 700,000 SH SOLE 0 700,000 Kayne Anderson MLP Investment CoCOM 486606106 $20,764 740,000 SH SOLE 0 740,000 Liberty Media Corp. COM SER A 530718105 $5,916 734,871 SH SOLE 18,760 716,111 Lamar Advertising Co. CL A 512815101 $7,793 171,800 SH SOLE 4,500 167,300 Lancaster Colony Corp. COM 513847103 $176 4,100 SH SOLE 0 4,100 Liberty Global Inc.-Series A COM SER A 530719103 $2,385 88,082 SH SOLE 2,138 85,944 Liberty Global Inc.-Series C COM SER C 530555309 $2,268 88,082 SH SOLE 0 88,082 Legg Mason, Inc. COM 524901105 $8,501 77,500 SH SOLE 0 77,500 Lyondell Chemical Company COM 552078107 $46,522 1,625,500 SH SOLE 0 1,625,500 Manpower Inc. COM 56418H100 $8,918 200,900 SH SOLE 5,700 195,200 Mathews International Corp. CL A 577128101 $1,920 50,800 SH SOLE 0 50,800 McDonald's Corp. COM 580135101 $47 1,400 SH SOLE 0 1,400 Contango Oil & Gas Co., Inc. COM 21075N204 $1,565 130,000 SH SOLE 0 130,000 Microchip Technology Inc. COM 595017104 $8,697 288,750 SH SOLE 0 288,750 Moody's Corporation COM 615369105 $2,043 40,000 SH SOLE 0 40,000 Micrel, Inc. COM 594793101 $1,696 151,000 SH SOLE 1,000 150,000 MICROS Systems, Inc. COM 594901100 $1,531 35,000 SH SOLE 0 35,000 Mercury General Corp. COM 589400100 $65,959 1,099,500 SH SOLE 2,000 1,097,500 Molecular Devices Corp. COM 60851C107 $992 47,500 SH SOLE 0 47,500 Medtronic, Inc. COM 585055106 $50,210 936,396 SH SOLE 0 936,396 Micrus Endovascular Corporation COM 59518V102 $0 77,900 SH SOLE 800 77,100 Marshall & Ilsley Corp. COM 571834100 $100,614 2,312,426 SH SOLE 3,500 2,308,926 Mobile Mini, Inc. COM 60740F105 $2,194 50,600 SH SOLE 600 50,000 Marsh & McLennan Companies, Inc.COM 571748102 $699 23,000 SH SOLE 0 23,000 3M Co. COM 88579Y101 $7 100 SH SOLE 0 100 Molex Inc. CL A 608554200 $5,528 215,000 SH SOLE 0 215,000 Montpelier Re Holdings Ltd. SHS G62185106 $711 28,600 SH SOLE 800 27,800 Merck & Co., Inc. COM 589331107 $473 17,400 SH SOLE 0 17,400 Medicis Pharmaceutical Corp. CL A NEW 584690309 $11,725 360,100 SH SOLE 900 359,200 Mine Safety Appliances Company COM 602720104 $2,539 65,600 SH SOLE 600 65,000 Microsoft Corporation COM 594918104 $131 5,100 SH SOLE 0 5,100 MSC Industrial Direct Co., Inc. CL A 553530106 $2,431 73,300 SH SOLE 1,200 72,100 MGIC Investment Corp. COM 552848103 $7,165 111,600 SH SOLE 0 111,600 MWI Veterinary Supply, Inc. COM 55402X105 $1,432 71,800 SH SOLE 600 71,200 Maxim Integrated Products, Inc. COM 57772K101 $5,702 133,700 SH SOLE 3,600 130,100 Nabors Industries, Ltd. COM G6359F103 $5,114 71,200 SH SOLE 2,800 68,400 North Fork Bancorporation COM 659424105 $6,398 250,900 SH SOLE 0 250,900 National Financial Partners CorpCOM 63607P208 $3,128 69,300 SH SOLE 1,000 68,300 Nationwide Financial Services, ICL A 638612101 $9,320 232,700 SH SOLE 7,200 225,500 National Health Realty, Inc. COM 635905102 $388 20,000 SH SOLE 0 20,000 NVR, Inc. COM 62944T105 $44,248 50,000 SH SOLE 0 50,000 NAVTEQ Corporation COM 63936L100 $5,989 119,900 SH SOLE 0 119,900 News Corporation Limited (The) SP ADR PFD 652487802 $0 808 SH SOLE 0 808 O'Reilly Automotive, Inc. COM 686091109 $72,217 2,562,700 SH SOLE 9,000 2,553,700 Outback Steakhouse, Inc. COM 689899102 $410 11,200 SH SOLE 900 10,300 Oshkosh Truck Corporation COM 688239201 $2,615 60,600 SH SOLE 0 60,600 Plum Creek Timber Company, Inc. COM 729251108 $845 22,300 SH SOLE 0 22,300 Patterson Companies, Inc. COM 703395103 $504 12,600 SH SOLE 0 12,600 PepsiCo, Inc. COM 713448108 $45 800 SH SOLE 0 800 PETsMART, INC. COM 716768106 $5,369 246,500 SH SOLE 0 246,500 P.F. Chang's China Bistro, Inc. COM 69333Y108 $785 17,500 SH SOLE 0 17,500 Pfizer Inc. COM 717081103 $49,620 1,987,200 SH SOLE 8,600 1,978,600 Priority Healthcare Corp. CL B 74264T102 $3,430 123,100 SH SOLE 800 122,300 Pier 1 Imports, Inc. COM 720279108 $582 51,600 SH SOLE 10,000 41,600 Packeteer, Inc. COM 695210104 $1,599 127,400 SH SOLE 2,400 125,000 Protective Life Corp. COM 743674103 $63,901 1,551,740 SH SOLE 4,200 1,547,540 Plantronics, Inc. COM 727493108 $4,794 155,600 SH SOLE 500 155,100 Plexus Corp. COM 729132100 $1,557 91,100 SH SOLE 1,100 90,000 Pentair, Inc. COM 709631105 $47,961 1,314,000 SH SOLE 0 1,314,000 PartnerRe Ltd. COM G6852T105 $3,311 51,700 SH SOLE 3,700 48,000 Animas Corporation COM 03525Y105 $1,649 105,000 SH SOLE 0 105,000 Glogic Corp. COM 747277101 $7,209 210,800 SH SOLE 3,500 207,300 Respironics, Inc. COM 761230101 $14,012 332,200 SH SOLE 1,200 331,000 ARAMARK Corp. CL B 038521100 $10,972 410,800 SH SOLE 9,200 401,600 Radio One, Inc. CL A 75040P108 $2,948 224,100 SH SOLE 4,000 220,100 RPM International, Inc. COM 749685103 $1,373 74,612 SH SOLE 0 74,612 IMS Health Inc. COM 449934108 $2,633 104,600 SH SOLE 5,100 99,500 Salem Communications Corp. CL A 794093104 $2,472 134,039 SH SOLE 3,000 131,039 Asia Satellite Telecomm. HoldingSPONSORED ADR 04516X106 $2,026 108,000 SH SOLE 1,600 106,400 SBC Communications Inc. COM 78387G103 $7 300 SH SOLE 0 300 Starbucks Corp. COM 855244109 $4,259 85,000 SH SOLE 0 85,000 STEPAN COMPANY COM 858586100 $677 27,000 SH SOLE 0 27,000 ScanSource, Inc. COM 806037107 $146 3,000 SH SOLE 600 2,400 Schering-Plough Corp. COM 806605101 $38,943 1,850,000 SH SOLE 0 1,850,000 Shuffle Master, Inc. COM 825549108 $1,520 57,500 SH SOLE 0 57,500 The J. M. Smucker Co. COM 832696405 $2,314 47,676 SH SOLE 3,000 44,676 Schlumberger Limited COM 806857108 $8 100 SH SOLE 0 100 Standard Motor Products, Inc. SB DB CV 6.75%09 853666AB1 $43,938 500,000 PRNSOLE 0 500,000 Stericycle, Inc. COM 858912108 $1,429 25,000 SH SOLE 0 25,000 St. Paul Travelers Companies, InCOM 792860108 $1,256 27,989 SH SOLE 4,984 23,005 St. Jude Medical, Inc. COM 790849103 $5,382 115,000 SH SOLE 0 115,000 Strayer Education, Inc. COM 863236105 $1,418 15,000 SH SOLE 0 15,000 Constellation Brands, Inc.-Cl A CL A 21036P108 $58,625 2,254,800 SH SOLE 0 2,254,800 ServiceMaster Co. (The) COM 81760N109 $1,590 117,400 SH SOLE 5,550 111,850 SUPERVALU INC. COM 868536103 $747 24,000 SH SOLE 0 24,000 Taro Pharmaceutical Industries, ORD M8737E108 $790 30,700 SH SOLE 700 30,000 TECO Energy, Inc. COM 45068B109 $551 30,600 SH SOLE 0 30,600 Tech Data Corp. COM 878237106 $3,532 96,200 SH SOLE 600 95,600 Techne Corp. COM 878377100 $1,425 25,000 SH SOLE 0 25,000 Tektronix, Inc. COM 879131100 $6,366 252,300 SH SOLE 6,000 246,300 TESSCO Technologies Inc. COM 872386107 $1,685 128,850 SH SOLE 2,500 126,350 Teva Pharmaceutical Industries LADR 881624209 $5,962 178,400 SH SOLE 7,200 171,200 Target Corp. COM 87612E106 $2,077 40,000 SH SOLE 0 40,000 Thoratec Corp. COM NEW 885175307 $32 1,800 SH SOLE 1,800 0 Tekelec COM 879101103 $1,886 90,000 SH SOLE 0 90,000 Tellabs, Inc. COM 879664100 $3,209 305,000 SH SOLE 0 305,000 Tractor Supply Company COM 892356106 $799 17,500 SH SOLE 0 17,500 Exploration Co. of Delaware (TheCOM NEW 302133202 $2,408 334,400 SH SOLE 5,000 329,400 United Auto Group, Inc. COM 909440109 $1,341 40,600 SH SOLE 600 40,000 Universal Health Services, Inc.-CL B 913903100 $55,594 1,167,200 SH SOLE 4,200 1,163,000 U.S. Bancorp COM NEW 902973304 $342 12,169 SH SOLE 0 12,169 UST Inc. COM 902911106 $34,325 820,000 SH SOLE 0 820,000 Univision Communications Inc. CL A 914906102 $5,306 200,000 SH SOLE 0 200,000 Valspar Corp (The) COM 920355104 $89 4,000 SH SOLE 0 4,000 Vishay Intertechnology, Inc. COM 928298108 $7,137 597,200 SH SOLE 5,000 592,200 Verizon Communications Inc. COM 92343V104 $530 16,200 SH SOLE 4,000 12,200 Walgreen Co. COM 931422109 $51,966 1,196,000 SH SOLE 3,000 1,193,000 Websense, Inc. COM 947684106 $1,792 35,000 SH SOLE 0 35,000 Waddell & Reed Financial, Inc. CL A 930059100 $2,603 134,450 SH SOLE 10,600 123,850 Weyco Group, Inc. COM 962149100 $675 34,600 SH SOLE 0 34,600 Wells Fargo & Co. COM 949746101 $94 1,600 SH SOLE 0 1,600 WellPoint Inc. COM 94973V107 $62,931 830,000 SH SOLE 0 830,000 Washington Mutual, Inc. COM 939322103 $392 10,000 SH SOLE 0 10,000 Wright Medical Group, Inc. COM 98235T107 $1,234 50,000 SH SOLE 0 50,000 Wal-Mart Stores, Inc. COM 931142103 $13 300 SH SOLE 0 300 VCA Antech, Inc. COM 918194101 $2,654 104,000 SH SOLE 0 104,000 Willis Group Holdings Ltd. SHS G96655108 $15,242 405,900 SH SOLE 7,600 398,300 Williams-Sonoma, Inc. COM 969904101 $2,685 70,000 SH SOLE 0 70,000 Wright Express Corporation COM 98233Q105 $2,619 121,300 SH SOLE 1,400 119,900 Wyeth COM 983024100 $51,697 1,117,300 SH SOLE 4,000 1,113,300 XL Capital Ltd. CL A G98255105 $14 200 SH SOLE 0 200 Exxon Mobil Corporation COM 30231G102 $25 400 SH SOLE 0 400 DENTSPLY International Inc. COM 249030107 $35,621 659,400 SH SOLE 3,500 655,900 XTO Energy Inc. COM 98385X106 $5,896 130,095 SH SOLE 5,499 124,596 Crosstex Energy, Inc. COM 22765Y104 $3,288 51,400 SH SOLE 0 51,400 Yum! Brands, Inc. COM 988498101 $34,371 710,000 SH SOLE 0 710,000 Zebra Technologies Corp. CL A 989207105 $7,867 201,250 SH SOLE 2,500 198,750 Zimmer Holdings, Inc. COM 98956P102 $7 100 SH SOLE 0 100 $3,078,774
Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ---------- Form 13F Information Table Entry Total: 283 ---------- Form 13F Information Table Value Total: $3,078,774 ---------- (thousands) List of Other Included Managers: NONE Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report: NONE -----END PRIVACY-ENHANCED MESSAGE-----