-----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, S/XsW3wMYq/quWZTeF7+W0ElWnQ5YRA09ifJ16stVgpzcYS72gS3lMfQ+Jf7B543 LrFV2qY6VhcgiQSiDj8udw== 0000903949-05-000004.txt : 20050512 0000903949-05-000004.hdr.sgml : 20050512 20050512100946 ACCESSION NUMBER: 0000903949-05-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050331 FILED AS OF DATE: 20050512 DATE AS OF CHANGE: 20050512 EFFECTIVENESS DATE: 20050512 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: 05822655 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 co13f0305.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: March 31, 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 05/11/2005 - ------------------ ------------- ---------- [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 3M Co. COM 88579Y101 $9 100 SH SOLE 0 100 A. G. Edwards, Inc. COM 281760108 $2,244 50,100 SH SOLE 400 49,700 A.C. Moore Arts & Crafts, Inc. COM 00086T103 $816 30,600 SH SOLE 600 30,000 Abbott Laboratories COM 002824100 $25,534 547,700 SH SOLE 0 547,700 Accredo Health, Incorporated COM 00437V104 $31 700 SH SOLE 0 700 Advanced Medical Optics, Inc. COM 00763M108 $1,629 45,000 SH SOLE 0 45,000 Advisory Board Company (The) COM 00762W107 $2,089 47,800 SH SOLE 300 47,500 Affiliated Computer Services, Inc. CL A 008190100 $46,015 864,300 SH SOLE 600 863,700 Affiliated Managers Group COM 008252108 $101,977 1,644,000 SH SOLE 400 1,643,600 Alberto-Culver Co. CL B CONV 013068101 $52,031 1,087,150 SH SOLE 700 1,086,450 Allergan, Inc. COM 018490102 $4,599 66,200 SH SOLE 0 66,200 Alliant Energy Corp. COM 018802108 $493 18,400 SH SOLE 0 18,400 American Express Co. COM 025816109 $51,401 1,000,600 SH SOLE 0 1,000,600 American National Insurance Co. COM 028591105 $530 5,000 SH SOLE 0 5,000 AMIS Holdings, Inc. COM 031538101 $1,699 150,500 SH SOLE 2,000 148,500 AmSurg Corp. COM 03232P405 $2,049 81,000 SH SOLE 1,000 80,000 Andrew Corporation COM 034425108 $1,189 101,500 SH SOLE 1,500 100,000 Anheuser-Busch Companies, Inc.COM COM 035229103 $12 250 SH SOLE 0 250 Animas Corporation COM 03525Y105 $909 45,000 SH SOLE 0 45,000 Apache Corporation COM 037411105 $23,479 383,450 SH SOLE 0 383,450 Applebee's International, Inc. COM 037899101 $7,259 263,400 SH SOLE 2,100 261,300 AptarGroup, Inc. COM 038336103 $4,429 85,200 SH SOLE 1,700 83,500 ARAMARK Corp. CL B 038521100 $10,688 406,700 SH SOLE 1,500 405,200 Archer-Daniels-Midland Company COM 039483102 $20,893 850,000 SH SOLE 0 850,000 Arthur J. Gallagher & Co. COM 363576109 $1,881 65,300 SH SOLE 0 65,300 Asia Satellite Telecomm. Holdings Ltd.SPONSORED ADR 04516X106 $2,020 108,000 SH SOLE 1,600 106,400 Ask Jeeves, Inc. COM 045174109 $2,376 84,600 SH SOLE 0 84,600 Assurant, Inc. COM 04621X108 $303 9,000 SH SOLE 0 9,000 AutoZone, Inc. COM 053332102 $25,710 300,000 SH SOLE 0 300,000 Avaya Inc. COM 053499109 $2,730 233,700 SH SOLE 0 233,700 Axcan Pharma Inc. COM 054923107 $170 10,100 SH SOLE 0 10,100 AXIS Capital Holdings Ltd. SHS G0692U109 $987 36,500 SH SOLE 800 35,700 Bandag, Incorporated COM 059815100 $761 16,200 SH SOLE 0 16,200 Bank Mutual Corp. COM 063750103 $10,697 905,000 SH SOLE 0 905,000 Baylake Corp. COM 072788102 $1,849 103,000 SH SOLE 2,000 101,000 BEA Systems, Inc. COM 073325102 $2,570 322,500 SH SOLE 0 322,500 Becton, Dickinson & Company COM 075887109 $9 150 SH SOLE 0 150 Bemis Company, Inc. COM 081437105 $11,097 356,600 SH SOLE 1,600 355,000 Berkshire Hathaway Inc. CL B 084670207 $17 6 SH SOLE 0 6 Berkshire Hathaway Inc.-Cl A CL A 084670108 $136,503 1,569 SH SOLE 0 1,569 Biogen Idec Inc. COM 09062X103 $1,035 30,000 SH SOLE 0 30,000 Biomet, Inc. COM 090613100 $4,901 135,000 SH SOLE 500 134,500 Biotech HOLDRS Trust DEPOSTRY RCPTS D09067201 $5,350 38,000 SH SOLE 0 38,000 Biovail Corp. COM 09067J109 $39 2,600 SH SOLE 0 2,600 BJ Services Company COM 055482103 $4,332 83,500 SH SOLE 0 83,500 Black & Decker Corporation (The) COM 091797100 $6,319 80,000 SH SOLE 0 80,000 Black Box Corporation COM 091826107 $45 1,200 SH SOLE 0 1,200 Bone Care International, Inc. COM 098072101 $796 30,700 SH SOLE 700 30,000 Boston Scientific Corp. COM 101137107 $54,954 1,876,200 SH SOLE 1,000 1,875,200 BP p.l.c. SPONSORED ADR 055622104 $16 250 SH SOLE 0 250 Brady Corporation CL A 104674106 $324 10,000 SH SOLE 0 10,000 Bristol-Myers Squibb Co. COM 110122108 $25,139 987,400 SH SOLE 0 987,400 Brown & Brown, Inc. COM 115236101 $8,176 177,400 SH SOLE 1,300 176,100 Business Objects S.A. SPONSORED ADR 12328X107 $1,769 65,800 SH SOLE 800 65,000 C.H. Robinson Worldwide, Inc. COM 12541W100 $902 17,500 SH SOLE 0 17,500 Cadbury Schweppes plc ADR 127209302 $12 300 SH SOLE 0 300 Cardinal Health, Inc. COM 14149Y108 $61,628 1,104,447 SH SOLE 552 1,103,895 CDW Computer Centers, Inc. COM 12512N105 $9,313 164,300 SH SOLE 400 163,900 Cendant Corporation COM 151313103 $48,294 2,351,200 SH SOLE 0 2,351,200 Charles River Laboratories Int'l, Inc.COM 159864107 $2,305 49,000 SH SOLE 0 49,000 CharterMac SH BEN INT 160908109 $430 20,000 SH SOLE 0 20,000 Check Point Software Technologies Ltd.ORD M22465104 $1,854 85,300 SH SOLE 0 85,300 ChevronTexaco Corporation COM 166764100 $57,499 986,100 SH SOLE 800 985,300 ChoicePoint Inc. COM 170388102 $5,048 125,865 SH SOLE 0 125,865 Cincinnati Financial Corp. COM 172062101 $95 2,186 SH SOLE 0 2,186 Cintas Corp. COM 172908105 $8,687 210,300 SH SOLE 1,100 209,200 Citigroup Inc. COM 172967101 $9 200 SH SOLE 0 200 Citizens Communications Company COM 17453B101 $647 50,000 SH SOLE 0 50,000 CLARCOR Inc. COM 179895107 $416 8,000 SH SOLE 0 8,000 Clear Channel Communications, Inc. COM 184502102 $8,251 239,365 SH SOLE 1,200 238,165 Coca-Cola Company (The) COM 191216100 $25 600 SH SOLE 0 600 Coinmach Service Corp. COM 19259W107 $898 68,300 SH SOLE 0 68,300 Commerce Bancorp, Inc. COM 200519106 $7,793 240,000 SH SOLE 0 240,000 ConAgra Foods, Inc. COM 205887102 $405 15,000 SH SOLE 0 15,000 Conor Medsystems, Inc. COM 208264101 $78 4,800 SH SOLE 0 4,800 Constellation Brands, Inc.-Cl A CL A 21036P108 $68,731 1,300,000 SH SOLE 0 1,300,000 Contango Oil & Gas Co. Series C Pfd Cvt $2,248 300 SH SOLE 0 300 Contango Oil & Gas Co., Inc. COM 21075N204 $585 70,000 SH SOLE 0 70,000 Cooper Companies, Inc. (The) COM 216648402 $707 9,697 SH SOLE 0 9,697 Corporate Executive Board Company COM 21988R102 $288 4,500 SH SOLE 0 4,500 Correctional Properties Trust COM 22025E104 $174 6,900 SH SOLE 0 6,900 Costco Wholesale Corporation COM 22160K105 $9 200 SH SOLE 0 200 Crosstex Energy, Inc. COM 22765Y104 $3,038 69,400 SH SOLE 0 69,400 CUNO Inc. COM 126583103 $1,511 29,400 SH SOLE 400 29,000 CVS Corp. COM 126650100 $74,140 1,408,978 SH SOLE 1,200 1,407,778 DaVita, Inc. COM 23918K108 $78,318 1,871,400 SH SOLE 1,950 1,869,450 Denbury Resources Inc. COM NEW 247916208 $1,110 31,500 SH SOLE 1,000 30,500 DENTSPLY International Inc. COM 249030107 $35,921 660,200 SH SOLE 700 659,500 Design Within Reach, Inc. COM 250557105 $481 30,600 SH SOLE 600 30,000 Digital Theater Systems, Inc. COM 25389G102 $1,143 63,100 SH SOLE 800 62,300 DIRECTV Group, Inc. COM 25459L106 $45,278 3,139,938 SH SOLE 2,058 3,137,880 Dolby Laboratories, Inc. COM 25659T107 $45 1,900 SH SOLE 0 1,900 Donaldson Company, Inc. COM 257651109 $323 10,000 SH SOLE 0 10,000 DRS Technologies, Inc. COM 23330X100 $1,828 43,000 SH SOLE 0 43,000 Duke Energy Corp. COM 264399106 $852 30,400 SH SOLE 0 30,400 Eaton Vance Corp. COM NON VTG 278265103 $10,079 430,000 SH SOLE 0 430,000 EchoStar Communications Corp. CL A 278762109 $6,356 217,300 SH SOLE 1,000 216,300 El Paso Corporation COM 28336L109 $27,508 2,600,000 SH SOLE 0 2,600,000 Electronic Data Systems Corporation COM 285661104 $12 600 SH SOLE 0 600 Eli Lilly and Co. COM 532457108 $22,148 425,100 SH SOLE 0 425,100 Emmis Communications Corp. CL A 291525103 $2,372 123,400 SH SOLE 2,000 121,400 Emulex Corp. COM NEW 292475209 $2,072 110,000 SH SOLE 0 110,000 EnCana Corporation COM 292505104 $40,844 580,000 SH SOLE 0 580,000 Engineered Support Systems, Inc. COM 292866100 $1,622 30,300 SH SOLE 600 29,700 Entegris Inc. COM 29362U104 $1,068 108,000 SH SOLE 3,000 105,000 Estee Lauder Companies Inc. CL A 518439104 $4 100 SH SOLE 0 100 Exactech, Inc. COM 30064E109 $339 20,000 SH SOLE 0 20,000 Expeditors Int'l of Washington, Inc. COM 302130109 $3,749 70,000 SH SOLE 0 70,000 Exploration Co. of Delaware (The) COM NEW 302133202 $1,774 308,800 SH SOLE 5,000 303,800 Exxon Mobil Corporation COM 30231G102 $24 400 SH SOLE 0 400 Family Dollar Stores, Inc. COM 307000109 $6,555 215,900 SH SOLE 1,200 214,700 Fastenal Co. COM 311900104 $8,241 149,000 SH SOLE 0 149,000 Fifth Third Bancorp COM 316773100 $51,987 1,209,565 SH SOLE 939 1,208,626 First Data Corporation COM 319963104 $8 200 SH SOLE 0 200 FirstMerit Corp. COM 337915102 $2,732 102,100 SH SOLE 2,300 99,800 Fiserv, Inc. COM 337738108 $13,470 338,437 SH SOLE 1,000 337,437 Fisher Scientific International Inc. COM NEW 338032204 $66,813 1,173,808 SH SOLE 640 1,173,168 FLIR Systems, Inc. COM 302445101 $2,576 85,000 SH SOLE 0 85,000 Forest Laboratories, Inc. COM 345838106 $5,942 160,800 SH SOLE 700 160,100 Fortune Brands, Inc. COM 349631101 $564 7,000 SH SOLE 0 7,000 Foundry Networks, Inc. COM 35063R100 $1,116 112,700 SH SOLE 2,100 110,600 Franklin Resources, Inc. COM 354613101 $14 200 SH SOLE 0 200 Fresh Brands, Inc. COM 35803U108 $783 107,200 SH SOLE 0 107,200 Gander Mountain Co. COM 36471P108 $51 3,900 SH SOLE 0 3,900 General Dynamics Corp. COM 369550108 $35,327 330,000 SH SOLE 0 330,000 General Electric Company COM 369604103 $22 600 SH SOLE 0 600 General Mills, Inc. COM 370334104 $295 6,000 SH SOLE 0 6,000 Gentex Corporation COM 371901109 $3,372 105,700 SH SOLE 0 105,700 Genuine Parts Co. COM 372460105 $22 500 SH SOLE 0 500 GlobalSanteFe Corp. COM G3930E101 $4,074 110,000 SH SOLE 0 110,000 Glogic Corp. COM 747277101 $7,007 173,000 SH SOLE 0 173,000 Graco, Inc. COM 384109104 $1,217 30,150 SH SOLE 0 30,150 Harley-Davidson, Inc. COM 412822108 $7,699 133,300 SH SOLE 700 132,600 Harris Corp. COM 413875105 $6,543 200,400 SH SOLE 1,200 199,200 HCC Insurance Holdings, Inc. COM 404132102 $2,748 76,000 SH SOLE 1,000 75,000 Health Care Property Investors, Inc. COM 421915109 $42 1,800 SH SOLE 0 1,800 Health Management Associates, Inc. CL A 421933102 $72,606 2,773,320 SH SOLE 0 2,773,320 Hewitt Associates, Inc. COM 42822Q100 $7,586 285,195 SH SOLE 1,500 283,695 Hiland Partners, LP UT LTD PARTNR 431291103 $335 10,000 SH SOLE 0 10,000 Hilb, Rogal and Hamilton Co. COM 431294107 $29 800 SH SOLE 800 0 Home Depot, Inc. (The) COM 437076102 $48,962 1,280,400 SH SOLE 1,200 1,279,200 Hormel Foods Corp. COM 440452100 $7,140 229,500 SH SOLE 600 228,900 IAC/InterActiveCorp COM 44919P102 $7,082 318,000 SH SOLE 1,800 316,200 ICU Medical, Inc. COM 44930G107 $2,229 62,800 SH SOLE 1,000 61,800 IDEXX Laboratories, Inc. COM 45168D104 $1,489 27,500 SH SOLE 0 27,500 Illinois Tool Works Inc. COM 452308109 $358 4,000 SH SOLE 0 4,000 IMS Health Inc. COM 449934108 $9,871 404,700 SH SOLE 1,200 403,500 Ingles Markets, Incorporated CL A 457030104 $456 34,200 SH SOLE 0 34,200 Intel Corporation COM 458140100 $5 200 SH SOLE 0 200 International Game Technology COM 459902102 $3,466 130,000 SH SOLE 0 130,000 International Speedway Corp. CL A 460335201 $13,390 246,826 SH SOLE 400 246,426 Intersil Corp. CL A 46069S109 $6,188 357,300 SH SOLE 2,800 354,500 IPC Holdings, Ltd. ORD G4933P101 $1,041 26,500 SH SOLE 1,000 25,500 iShares Russell 2000 Growth Index FundRUSL 2000 GROW 464287648 $1,877 30,000 SH SOLE 0 30,000 J. C. Penney Company, Inc. COM 708160106 $5,711 110,000 SH SOLE 0 110,000 Jabil Circuit, Inc. COM 466313103 $6,970 244,400 SH SOLE 700 243,700 Johnson Controls, Inc. COM 478366107 $569 10,200 SH SOLE 0 10,200 Journal Communications, Inc. COM 481130102 $960 58,000 SH SOLE 0 58,000 Kayne Anderson MLP Investment Company COM 486606106 $19,403 740,000 SH SOLE 0 740,000 Keane, Inc. COM 486665102 $4,102 314,800 SH SOLE 1,800 313,000 Kimberly-Clark Corporation COM 494368103 $13 200 SH SOLE 0 200 Kinder Morgan Energy Partners, L.P. UT LTD PARTNER 494550106 $14 300 SH SOLE 0 300 Kinder Morgan Management, LLC SHS 49455U100 $71,968 1,773,046 SH SOLE 0 1,773,046 Kinder Morgan, Inc. COM 49455P101 $1,620 21,400 SH SOLE 300 21,100 Kinetic Concepts, Inc. COM 49460W208 $7,760 130,100 SH SOLE 0 130,100 Knight Transportation, Inc. COM NEW 499064103 $1,231 49,900 SH SOLE 1,400 48,500 Kohl's Corp. COM 500255104 $10,393 201,300 SH SOLE 800 200,500 Lamar Advertising Co. CL A 512815101 $6,922 171,800 SH SOLE 500 171,300 Lancaster Colony Corp. COM 513847103 $366 8,600 SH SOLE 0 8,600 Legg Mason, Inc. COM 524901105 $6,056 77,500 SH SOLE 0 77,500 Liberty Media Corp. COM SER A 530718105 $7,901 761,871 SH SOLE 3,120 758,751 Liberty Media International, Inc. COM SER A 530719103 $2,244 51,313 SH SOLE 156 51,157 Lyondell Chemical Company COM 552078107 $36,994 1,325,000 SH SOLE 0 1,325,000 Manpower Inc. COM 56418H100 $7,098 163,100 SH SOLE 1,700 161,400 Marsh & McLennan Companies, Inc. COM 571748102 $700 23,000 SH SOLE 0 23,000 Marshall & Ilsley Corp. COM 571834100 $97,408 2,333,126 SH SOLE 1,000 2,332,126 Mathews International Corp. CL A 577128101 $1,582 48,300 SH SOLE 0 48,300 Maxim Integrated Products, Inc. COM 57772K101 $3,507 85,800 SH SOLE 600 85,200 McDonald's Corp. COM 580135101 $44 1,400 SH SOLE 0 1,400 McGraw-Hill Companies, Inc. (The) COM 580645109 $9 100 SH SOLE 0 100 Medicis Pharmaceutical Corp. CL A NEW 584690309 $8,655 288,700 SH SOLE 900 287,800 Medtronic, Inc. COM 585055106 $47,709 936,396 SH SOLE 0 936,396 Merck & Co., Inc. COM 589331107 $466 14,400 SH SOLE 0 14,400 Mercury General Corp. COM 589400100 $61,720 1,116,900 SH SOLE 0 1,116,900 Merrill Lynch & Co., Inc. COM 590188108 $8 150 SH SOLE 0 150 MGIC Investment Corp. COM 552848103 $6,882 111,600 SH SOLE 0 111,600 Micrel, Inc. COM 594793101 $1,399 151,700 SH SOLE 1,700 150,000 Microchip Technology Inc. COM 595017104 $7,510 288,750 SH SOLE 0 288,750 MICROS Systems, Inc. COM 594901100 $734 20,000 SH SOLE 0 20,000 Microsoft Corporation COM 594918104 $15 600 SH SOLE 0 600 Mine Safety Appliances Company COM 602720104 $883 22,800 SH SOLE 300 22,500 Molecular Devices Corp. COM 60851C107 $808 42,500 SH SOLE 0 42,500 Molex Inc. CL A 608554200 $5,074 215,000 SH SOLE 0 215,000 Montpelier Re Holdings Ltd. SHS G62185106 $981 27,900 SH SOLE 800 27,100 Moody's Corporation COM 615369105 $1,617 20,000 SH SOLE 0 20,000 Motorola, Inc. COM 620076109 $6 400 SH SOLE 0 400 MSC Industrial Direct Co., Inc. CL A 553530106 $1,549 50,700 SH SOLE 700 50,000 Nabors Industries, Ltd. COM G6359F103 $4,802 81,200 SH SOLE 600 80,600 National Financial Partners Corp. COM 63607P208 $2,229 56,000 SH SOLE 0 56,000 National Health Realty, Inc. COM 635905102 $1,140 61,300 SH SOLE 0 61,300 Nationwide Financial Services, Inc. CL A 638612101 $8,332 232,100 SH SOLE 2,200 229,900 Neenah Paper, Inc. COM 640079109 $0 6 SH SOLE 0 6 News Corporation Limited (The) SP ADR PFD 652487802 $0 808 SH SOLE 0 808 NVR, Inc. COM 62944T105 $35,325 45,000 SH SOLE 0 45,000 O'Reilly Automotive, Inc. COM 686091109 $71,833 1,450,300 SH SOLE 1,900 1,448,400 Outback Steakhouse, Inc. COM 689899102 $902 19,700 SH SOLE 900 18,800 P.F. Chang's China Bistro, Inc. COM 69333Y108 $1,047 17,500 SH SOLE 0 17,500 Packeteer, Inc. COM 695210104 $462 30,000 SH SOLE 0 30,000 Panera Bread Co. CL A 69840W108 $6,360 112,500 SH SOLE 0 112,500 PartnerRe Ltd. COM G6852T105 $3,340 51,700 SH SOLE 500 51,200 Patterson Companies, Inc. COM 703395103 $1,379 27,600 SH SOLE 0 27,600 Pemstar, Inc. COM 706552106 $13 11,000 SH SOLE 11,000 0 Pentair, Inc. COM 709631105 $47,619 1,221,000 SH SOLE 0 1,221,000 PepsiCo, Inc. COM 713448108 $42 800 SH SOLE 0 800 PETCO Animal Supplies, Inc. COM NEW 716016209 $2,945 80,000 SH SOLE 0 80,000 PETsMART, INC. COM 716768106 $4,025 140,000 SH SOLE 0 140,000 Pfizer Inc. COM 717081103 $52,204 1,987,200 SH SOLE 1,600 1,985,600 PHH Corporation COM 693320202 $2,352 107,545 SH SOLE 0 107,545 Pier 1 Imports, Inc. COM 720279108 $3,385 185,700 SH SOLE 4,000 181,700 Plantronics, Inc. COM 727493108 $4,848 127,300 SH SOLE 0 127,300 Plexus Corp. COM 729132100 $1,752 152,200 SH SOLE 2,200 150,000 Plum Creek Timber Company, Inc. COM 729251108 $796 22,300 SH SOLE 0 22,300 PortalPlayer, Inc. COM 736187204 $863 37,800 SH SOLE 0 37,800 Priority Healthcare Corp. CL B 74264T102 $2,747 127,000 SH SOLE 1,600 125,400 Protective Life Corp. COM 743674103 $60,983 1,551,740 SH SOLE 1,000 1,550,740 Radio One, Inc. CL A 75040P108 $2,513 171,200 SH SOLE 2,400 168,800 Renal Care Group, Inc. COM 759930100 $86,692 2,284,975 SH SOLE 2,100 2,282,875 Respironics, Inc. COM 761230101 $8,805 151,100 SH SOLE 600 150,500 RPM International, Inc. COM 749685103 $1,364 74,612 SH SOLE 0 74,612 Salem Communications Corp. CL A 794093104 $1,428 69,300 SH SOLE 1,100 68,200 Sara Lee Corp. COM 803111103 $75 3,400 SH SOLE 0 3,400 SBC Communications Inc. COM 78387G103 $7 300 SH SOLE 0 300 Schering-Plough Corp. COM 806605101 $33,578 1,850,000 SH SOLE 0 1,850,000 Schlumberger Limited COM 806857108 $7 100 SH SOLE 0 100 ServiceMaster Co. (The) COM 81760N109 $1,666 123,400 SH SOLE 5,550 117,850 Shire Pharmaceuticals Group PLC SPONSORED ADR 82481R106 $4,824 140,726 SH SOLE 0 140,726 Shuffle Master, Inc. COM 825549108 $362 12,500 SH SOLE 0 12,500 St. Jude Medical, Inc. COM 790849103 $3,780 105,000 SH SOLE 0 105,000 St. Paul Travelers Companies, Inc. COM 792860108 $1,046 28,489 SH SOLE 650 27,839 Standard Motor SB DB CV 6.75%09853666AB1 $231,875 2,500,000 PRNSOLE 0 2,500,000 Starbucks Corp. COM 855244109 $1,808 35,000 SH SOLE 0 35,000 State Street Corporation COM 857477103 $4 100 SH SOLE 0 100 Stericycle, Inc. COM 858912108 $1,688 38,200 SH SOLE 0 38,200 SunGard(R) Data Systems Inc. COM 867363103 $6,728 195,000 SH SOLE 0 195,000 SUPERVALU INC. COM 868536103 $934 28,000 SH SOLE 0 28,000 Synovus Financial Corp. COM 87161C105 $8 300 SH SOLE 0 300 Sypris Solutions, Inc. COM 871655106 $1,589 148,200 SH SOLE 1,400 146,800 Target Corp. COM 87612E106 $5,502 110,000 SH SOLE 0 110,000 Taro Pharmaceutical Industries, Ltd. ORD M8737E108 $969 30,700 SH SOLE 700 30,000 Tech Data Corp. COM 878237106 $3,565 96,200 SH SOLE 600 95,600 Techne Corp. COM 878377100 $1,005 25,000 SH SOLE 0 25,000 Tekelec COM 879101103 $1,435 90,000 SH SOLE 0 90,000 Tektronix, Inc. COM 879131100 $4,197 171,100 SH SOLE 0 171,100 Teleflex Inc. COM 879369106 $20 400 SH SOLE 0 400 Tellabs, Inc. COM 879664100 $2,263 310,000 SH SOLE 0 310,000 TESSCO Technologies Inc. COM 872386107 $2,021 133,850 SH SOLE 2,500 131,350 Teva Pharmaceutical Industries Ltd. ADR 881624209 $5,530 178,400 SH SOLE 1,200 177,200 Texas Instruments Incorporated COM 882508104 $5 200 SH SOLE 0 200 The J. M. Smucker Co. COM 832696405 $1,719 34,176 SH SOLE 0 34,176 Thoratec Corp. COM NEW 885175307 $22 1,800 SH SOLE 1,800 0 TJX Companies, Inc. COM 872540109 $47,290 1,920,000 SH SOLE 0 1,920,000 Tractor Supply Company COM 892356106 $655 15,000 SH SOLE 0 15,000 U.S. Bancorp COM NEW 902973304 $351 12,169 SH SOLE 0 12,169 United Auto Group, Inc. COM 909440109 $1,130 40,600 SH SOLE 600 40,000 UnitedGlobalCom, Inc. CL A 913247508 $147 15,500 SH SOLE 0 15,500 Universal Health Realty Income Trust SH BEN INT 91359E105 $209 7,400 SH SOLE 0 7,400 Universal Health Services, Inc.-Cl B CL B 913903100 $74,439 1,420,600 SH SOLE 1,700 1,418,900 Univision Communications Inc. CL A 914906102 $2,907 105,000 SH SOLE 0 105,000 UST Inc. COM 902911106 $879 17,000 SH SOLE 0 17,000 Valspar Corp (The) COM 920355104 $93 2,000 SH SOLE 0 2,000 VCA Antech, Inc. COM 918194101 $2,104 104,000 SH SOLE 0 104,000 Verizon Communications Inc. COM 92343V104 $678 19,100 SH SOLE 0 19,100 Vishay Intertechnology, Inc. COM 928298108 $7,423 597,200 SH SOLE 5,000 592,200 VistaCare, Inc. CL A 92839Y109 $307 15,000 SH SOLE 0 15,000 W. R. Berkley Corp. COM 084423102 $49,860 1,005,250 SH SOLE 0 1,005,250 W.W. Grainger, Inc. COM 384802104 $735 11,800 SH SOLE 0 11,800 Waddell & Reed Financial, Inc. CL A 930059100 $2,457 124,450 SH SOLE 3,100 121,350 Walgreen Co. COM 931422109 $53,126 1,196,000 SH SOLE 0 1,196,000 Wal-Mart Stores, Inc. COM 931142103 $15 300 SH SOLE 0 300 Walt Disney Company (The) COM 254687106 $43 1,500 SH SOLE 0 1,500 Washington Mutual, Inc. COM 939322103 $395 10,000 SH SOLE 0 10,000 WellPoint Inc. COM 94973V107 $58,915 470,000 SH SOLE 0 470,000 Wells Fargo & Co. COM 949746101 $96 1,600 SH SOLE 0 1,600 Wendy's International, Inc. COM 950590109 $4,685 120,000 SH SOLE 0 120,000 Weyco Group, Inc. COM 962149100 $757 17,300 SH SOLE 0 17,300 Williams-Sonoma, Inc. COM 969904101 $2,573 70,000 SH SOLE 0 70,000 Willis Group Holdings Ltd. SHS G96655108 $13,402 363,500 SH SOLE 1,400 362,100 Wright Express Corporation COM 98233Q105 $1,296 75,800 SH SOLE 800 75,000 Wright Medical Group, Inc. COM 98235T107 $1,080 45,000 SH SOLE 0 45,000 Wyeth COM 983024100 $47,086 1,116,300 SH SOLE 1,000 1,115,300 XL Capital Ltd. CL A G98255105 $362 5,000 SH SOLE 0 5,000 XTO Energy Inc. COM 98385X106 $4,831 147,095 SH SOLE 1,166 145,929 Yankee Candle Company, Inc. (The) COM 984757104 $1,763 55,600 SH SOLE 1,200 54,400 Yum! Brands, Inc. COM 988498101 $35,231 680,000 SH SOLE 0 680,000 Zebra Technologies Corp. CL A 989207105 $7,302 153,750 SH SOLE 0 153,750 Zimmer Holdings, Inc. COM 98956P102 $8 100 SH SOLE 0 100 $3,352,443
Report Summary: Number of Other Included Managers: 0 ---------- Form 13F Information Table Entry Total: 296 ---------- Form 13F Information Table Value Total: $3,352,443 ---------- (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-----