-----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, DxWOAcQe7zNRobYylRSt/HCf1brPMEt5X+N4lVjAvz/6RF9UJU1y1YJHGlJS6upA nYigrWa87a+h/pDu9/swaw== 0000903949-05-000001.txt : 20050210 0000903949-05-000001.hdr.sgml : 20050210 20050209183110 ACCESSION NUMBER: 0000903949-05-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041231 FILED AS OF DATE: 20050210 DATE AS OF CHANGE: 20050209 EFFECTIVENESS DATE: 20050210 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: 05590101 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 co13f1204.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: December 31, 2004 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 02/09/2005 - ------------------ ------------- ---------- [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 Advisory Board Company (The) COM 00762W107 $1,763 47,800 SH SOLE 300 47,500 Abbott Laboratories COM 002824100 $25,532 547,300 SH SOLE 0 547,300 Accredo Health, Incorporated COM 00437V104 $1,426 51,458 SH SOLE 1,200 50,258 Affiliated Computer Services, InCL A 008190100 $55,074 915,000 SH SOLE 600 914,400 Alberto-Culver Co. CL B CONV 013068101 $57,737 1,188,735 SH SOLE 700 1,188,035 A. G. Edwards, Inc. COM 281760108 $2,165 50,100 SH SOLE 400 49,700 Allergan, Inc. COM 018490102 $5,367 66,200 SH SOLE 0 66,200 American International Group, InCOM 026874107 $132 2,003 SH SOLE 0 2,003 Assurant, Inc. COM 04621X108 $275 9,000 SH SOLE 0 9,000 Arthur J. Gallagher & Co. COM 363576109 $2,772 85,300 SH SOLE 0 85,300 Affiliated Managers Group COM 008252108 $111,331 1,643,500 SH SOLE 200 1,643,300 AmerUs Group Co. COM 03072M108 $330 7,290 SH SOLE 600 6,690 AMIS Holdings, Inc. COM 031538101 $2,156 130,500 SH SOLE 2,000 128,500 AmSurg Corp. COM 03232P405 $2,097 71,000 SH SOLE 1,000 70,000 American National Insurance Co. COM 028591105 $521 5,000 SH SOLE 0 5,000 Andrew Corporation COM 034425108 $1,247 91,500 SH SOLE 1,500 90,000 Apache Corporation COM 037411105 $3,947 78,050 SH SOLE 0 78,050 Applebee's International, Inc. COM 037899101 $6,988 264,200 SH SOLE 2,100 262,100 AptarGroup, Inc. COM 038336103 $4,565 86,500 SH SOLE 1,700 84,800 Advanced Medical Optics, Inc. COM 00763M108 $617 15,000 SH SOLE 0 15,000 Axcan Pharma Inc. COM 054923107 $195 10,100 SH SOLE 0 10,100 American Express Co. COM 025816109 $53,552 950,000 SH SOLE 0 950,000 AXIS Capital Holdings Ltd. SHS G0692U109 $1,393 50,900 SH SOLE 1,500 49,400 AutoZone, Inc. COM 053332102 $45,655 500,000 SH SOLE 0 500,000 Baxter International Inc. COM 071813109 $656 19,000 SH SOLE 0 19,000 Biotech HOLDRS Trust DEPOSTRY RCPTS D09067201 $5,811 38,000 SH SOLE 0 38,000 Black Box Corporation COM 091826107 $58 1,200 SH SOLE 0 1,200 Bandag, Incorporated COM 059815100 $807 16,200 SH SOLE 0 16,200 Black & Decker Corporation (The)COM 091797100 $3,533 40,000 SH SOLE 0 40,000 BEA Systems, Inc. COM 073325102 $2,857 322,500 SH SOLE 0 322,500 Franklin Resources, Inc. COM 354613101 $14 200 SH SOLE 0 200 W. R. Berkley Corp. COM 084423102 $53,550 1,135,250 SH SOLE 0 1,135,250 Biogen Idec Inc. COM 09062X103 $1,998 30,000 SH SOLE 0 30,000 BJ Services Company COM 055482103 $3,723 80,000 SH SOLE 0 80,000 Bank Mutual Corp. COM 063750103 $9,979 820,000 SH SOLE 0 820,000 Biomet, Inc. COM 090613100 $5,484 126,400 SH SOLE 500 125,900 Bemis Company, Inc. COM 081437105 $10,420 358,200 SH SOLE 1,600 356,600 Bristol-Myers Squibb Co. COM 110122108 $25,400 991,400 SH SOLE 0 991,400 Business Objects S.A. SPONSORED ADR 12328X107 $1,667 65,800 SH SOLE 800 65,000 BP p.l.c. SPONSORED ADR 055622104 $9 150 SH SOLE 0 150 Brady Corporation CL A 104674106 $313 5,000 SH SOLE 0 5,000 Berkshire Hathaway Inc.-Cl A CL A 084670108 $137,915 1,569 SH SOLE 0 1,569 Brown & Brown, Inc. COM 115236101 $9,032 207,400 SH SOLE 1,300 206,100 Boston Scientific Corp. COM 101137107 $55,654 1,565,500 SH SOLE 800 1,564,700 Anheuser-Busch Companies, Inc.COCOM 035229103 $8 150 SH SOLE 0 150 Biovail Corp. COM 09067J109 $21 1,300 SH SOLE 0 1,300 Baylake Corp. COM 072788102 $1,787 103,000 SH SOLE 2,000 101,000 Citigroup Inc. COM 172967101 $10 200 SH SOLE 0 200 ConAgra Foods, Inc. COM 205887102 $442 15,000 SH SOLE 0 15,000 Cardinal Health, Inc. COM 14149Y108 $73,699 1,267,391 SH SOLE 852 1,266,539 Commerce Bancorp, Inc. COM 200519106 $7,728 120,000 SH SOLE 0 120,000 Clear Channel Communications, InCOM 184502102 $10,903 325,565 SH SOLE 1,200 324,365 Cendant Corporation COM 151313103 $49,119 2,100,900 SH SOLE 0 2,100,900 CDW Computer Centers, Inc. COM 12512N105 $10,928 164,700 SH SOLE 400 164,300 Check Point Software TechnologieORD M22465104 $2,101 85,300 SH SOLE 0 85,300 C.H. Robinson Worldwide, Inc. COM 12541W100 $1,360 24,500 SH SOLE 0 24,500 Cincinnati Financial Corp. COM 172062101 $97 2,186 SH SOLE 0 2,186 CLARCOR Inc. COM 179895107 $438 8,000 SH SOLE 0 8,000 Conor Medsystems, Inc. COM 208264101 $69 5,000 SH SOLE 0 5,000 Costco Wholesale Corporation COM 22160K105 $10 200 SH SOLE 0 200 ChoicePoint Inc. COM 170388102 $13,947 303,265 SH SOLE 500 302,765 Correctional Properties Trust COM 22025E104 $199 6,900 SH SOLE 0 6,900 Charles River Laboratories Int'lCOM 159864107 $2,254 49,000 SH SOLE 0 49,000 Cintas Corp. COM 172908105 $8,987 204,900 SH SOLE 700 204,200 CUNO Inc. COM 126583103 $1,734 29,200 SH SOLE 200 29,000 CVS Corp. COM 126650100 $63,549 1,410,006 SH SOLE 1,200 1,408,806 ChevronTexaco Corporation COM 166764100 $46,540 886,300 SH SOLE 400 885,900 Citizens Communications Company COM 17453B101 $276 20,000 SH SOLE 0 20,000 Donaldson Company, Inc. COM 257651109 $326 10,000 SH SOLE 0 10,000 Walt Disney Company (The) COM 254687106 $42 1,500 SH SOLE 0 1,500 EchoStar Communications Corp. CL A 278762109 $7,083 213,100 SH SOLE 1,000 212,100 Denbury Resources Inc. COM NEW 247916208 $1,359 49,500 SH SOLE 1,000 48,500 DRS Technologies, Inc. COM 23330X100 $1,837 43,000 SH SOLE 0 43,000 Coinmach Service Corp. COM 19259W107 $891 65,000 SH SOLE 0 65,000 DIRECTV Group, Inc. COM 25459L106 $61,798 3,691,615 SH SOLE 2,058 3,689,557 Duke Energy Corp. COM 264399106 $770 30,400 SH SOLE 0 30,400 DaVita, Inc. COM 23918K108 $75,603 1,912,550 SH SOLE 2,650 1,909,900 Engineered Support Systems, Inc.COM 292866100 $1,794 30,300 SH SOLE 600 29,700 EnCana Corporation COM 292505104 $27,389 480,000 SH SOLE 0 480,000 Estee Lauder Companies Inc. CL A 518439104 $5 100 SH SOLE 0 100 Emulex Corp. COM NEW 292475209 $1,852 110,000 SH SOLE 0 110,000 Emmis Communications Corp. CL A 291525103 $2,278 118,700 SH SOLE 2,000 116,700 Entegris Inc. COM 29362U104 $1,075 108,000 SH SOLE 3,000 105,000 El Paso Corporation COM 28336L109 $22,880 2,200,000 SH SOLE 0 2,200,000 Eaton Vance Corp. COM NON VTG 278265103 $11,212 215,000 SH SOLE 0 215,000 Exactech, Inc. COM 30064E109 $366 20,000 SH SOLE 0 20,000 Corporate Executive Board CompanCOM 21988R102 $301 4,500 SH SOLE 0 4,500 Expeditors Int'l of Washington, COM 302130109 $5,588 100,000 SH SOLE 0 100,000 Fastenal Co. COM 311900104 $9,172 149,000 SH SOLE 0 149,000 First Data Corporation COM 319963104 $9 200 SH SOLE 0 200 Family Dollar Stores, Inc. COM 307000109 $6,480 207,500 SH SOLE 1,200 206,300 Foundry Networks, Inc. COM 35063R100 $1,474 112,000 SH SOLE 2,100 109,900 Fiserv, Inc. COM 337738108 $13,288 330,637 SH SOLE 1,000 329,637 Fifth Third Bancorp COM 316773100 $56,934 1,204,182 SH SOLE 539 1,203,643 FLIR Systems, Inc. COM 302445101 $2,711 42,500 SH SOLE 0 42,500 FirstMerit Corp. COM 337915102 $2,766 97,100 SH SOLE 2,300 94,800 Fortune Brands, Inc. COM 349631101 $540 7,000 SH SOLE 0 7,000 Fresh Brands, Inc. COM 35803U108 $831 107,200 SH SOLE 0 107,200 Forest Laboratories, Inc. COM 345838106 $7,213 160,800 SH SOLE 700 160,100 Fisher Scientific International COM NEW 338032204 $73,321 1,175,389 SH SOLE 640 1,174,749 Freescale Semiconductor Inc. CL B 35687M206 $1 44 SH SOLE 0 44 General Dynamics Corp. COM 369550108 $34,518 330,000 SH SOLE 0 330,000 General Electric Company COM 369604103 $7 200 SH SOLE 0 200 Graco, Inc. COM 384109104 $1,126 30,150 SH SOLE 0 30,150 General Mills, Inc. COM 370334104 $298 6,000 SH SOLE 0 6,000 Gander Mountain Co. COM 36471P108 $13 1,000 SH SOLE 1,000 0 Gentex Corporation COM 371901109 $2,943 79,500 SH SOLE 0 79,500 Genuine Parts Co. COM 372460105 $22 500 SH SOLE 0 500 GlobalSanteFe Corp. COM G3930E101 $3,642 110,000 SH SOLE 0 110,000 W.W. Grainger, Inc. COM 384802104 $786 11,800 SH SOLE 0 11,800 HCC Insurance Holdings, Inc. COM 404132102 $2,517 76,000 SH SOLE 1,000 75,000 Health Care Property Investors, COM 421915109 $593 21,400 SH SOLE 0 21,400 Home Depot, Inc. (The) COM 437076102 $54,519 1,275,600 SH SOLE 800 1,274,800 Harley-Davidson, Inc. COM 412822108 $8,098 133,300 SH SOLE 700 132,600 Hewitt Associates, Inc. COM 42822Q100 $9,203 287,500 SH SOLE 1,500 286,000 Health Management Associates, InCL A 421933102 $63,010 2,773,320 SH SOLE 0 2,773,320 Harvest Natural Resources, Inc. COM 41754V103 $950 55,000 SH SOLE 0 55,000 Hilb, Rogal and Hamilton Co. COM 431294107 $29 800 SH SOLE 800 0 Hormel Foods Corp. COM 440452100 $7,493 239,000 SH SOLE 600 238,400 Harris Corp. COM 413875105 $6,222 100,700 SH SOLE 800 99,900 Hearst-Argyle Television, Inc. COM 422317107 $26 1,000 SH SOLE 1,000 0 IAC/InterActiveCorp COM 44919P102 $62,305 2,255,810 SH SOLE 1,800 2,254,010 ICU Medical, Inc. COM 44930G107 $1,444 52,800 SH SOLE 1,000 51,800 IDEXX Laboratories, Inc. COM 45168D104 $1,501 27,500 SH SOLE 0 27,500 International Game Technology COM 459902102 $3,438 100,000 SH SOLE 0 100,000 Ingles Markets, Incorporated CL A 457030104 $356 28,700 SH SOLE 0 28,700 Intel Corporation COM 458140100 $5 200 SH SOLE 0 200 IPC Holdings, Ltd. ORD G4933P101 $1,153 26,500 SH SOLE 1,000 25,500 International Speedway Corp. CL A 460335201 $14,722 278,826 SH SOLE 400 278,426 Intersil Corp. CL A 46069S109 $5,996 358,200 SH SOLE 2,800 355,400 Illinois Tool Works Inc. COM 452308109 $371 4,000 SH SOLE 0 4,000 iShares Russell 2000 Growth IndeRUSL 2000 GROW 464287648 $1,851 27,500 SH SOLE 0 27,500 Jabil Circuit, Inc. COM 466313103 $6,252 244,400 SH SOLE 700 243,700 Johnson Controls, Inc. COM 478366107 $641 10,100 SH SOLE 0 10,100 J. C. Penney Company, Inc. COM 708160106 $4,968 120,000 SH SOLE 0 120,000 Journal Communications, Inc. COM 481130102 $1,048 58,000 SH SOLE 0 58,000 Kinetic Concepts, Inc. COM 49460W208 $9,469 124,100 SH SOLE 0 124,100 Keane, Inc. COM 486665102 $4,628 314,800 SH SOLE 1,800 313,000 Kimberly-Clark Corporation COM 494368103 $13 200 SH SOLE 0 200 Kinder Morgan, Inc. COM 49455P101 $2,121 29,000 SH SOLE 600 28,400 Kinder Morgan Management, LLC SHS 49455U100 $72,111 1,771,772 SH SOLE 0 1,771,772 Knight Transportation, Inc. COM NEW 499064103 $1,672 67,400 SH SOLE 1,400 66,000 Coca-Cola Company (The) COM 191216100 $8 200 SH SOLE 0 200 Kohl's Corp. COM 500255104 $9,952 202,400 SH SOLE 800 201,600 Kayne Anderson MLP Investment CoCOM 486606106 $18,500 740,000 SH SOLE 0 740,000 Liberty Media Corp. COM SER A 530718105 $8,417 766,565 SH SOLE 3,120 763,445 Lamar Advertising Co. CL A 512815101 $7,350 171,800 SH SOLE 500 171,300 Lancaster Colony Corp. COM 513847103 $883 20,600 SH SOLE 0 20,600 Liberty Media International, IncCOM SER A 530719103 $2,369 51,247 SH SOLE 156 51,091 Eli Lilly and Co. COM 532457108 $24,124 425,100 SH SOLE 0 425,100 Legg Mason, Inc. COM 524901105 $7,509 102,500 SH SOLE 0 102,500 Alliant Energy Corp. COM 018802108 $526 18,400 SH SOLE 0 18,400 Manpower Inc. COM 56418H100 $7,883 163,200 SH SOLE 1,700 161,500 Mathews International Corp. CL A 577128101 $1,777 48,300 SH SOLE 0 48,300 McDonald's Corp. COM 580135101 $38 1,200 SH SOLE 0 1,200 Contango Oil & Gas Co., Inc. COM 21075N204 $507 70,000 SH SOLE 0 70,000 Contango Oil & Gas Co. Series C Pfd Cvt $2,024 300 SH SOLE 0 300 Microchip Technology Inc. COM 595017104 $7,698 288,750 SH SOLE 0 288,750 Moody's Corporation COM 615369105 $1,737 20,000 SH SOLE 0 20,000 Micrel, Inc. COM 594793101 $1,672 151,700 SH SOLE 1,700 150,000 Mercury General Corp. COM 589400100 $66,925 1,116,900 SH SOLE 0 1,116,900 Molecular Devices Corp. COM 60851C107 $854 42,500 SH SOLE 0 42,500 Medtronic, Inc. COM 585055106 $46,511 936,396 SH SOLE 0 936,396 Merrill Lynch & Co., Inc. COM 590188108 $9 150 SH SOLE 0 150 McGraw-Hill Companies, Inc. (TheCOM 580645109 $9 100 SH SOLE 0 100 Marshall & Ilsley Corp. COM 571834100 $103,230 2,335,526 SH SOLE 1,000 2,334,526 3M Co. COM 88579Y101 $8 100 SH SOLE 0 100 Molex Inc. CL A 608554200 $5,730 215,000 SH SOLE 0 215,000 Motorola, Inc. COM 620076109 $7 400 SH SOLE 0 400 Montpelier Re Holdings Ltd. SHS G62185106 $996 25,900 SH SOLE 800 25,100 Merck & Co., Inc. COM 589331107 $64 2,000 SH SOLE 0 2,000 Medicis Pharmaceutical Corp. CL A NEW 584690309 $9,027 257,100 SH SOLE 0 257,100 Microsoft Corporation COM 594918104 $5 200 SH SOLE 0 200 MSC Industrial Direct Co., Inc. CL A 553530106 $1,824 50,700 SH SOLE 700 50,000 MGIC Investment Corp. COM 552848103 $7,690 111,600 SH SOLE 0 111,600 Nabors Industries, Ltd. COM G6359F103 $4,196 81,800 SH SOLE 600 81,200 National Financial Partners CorpCOM 63607P208 $2,173 56,000 SH SOLE 0 56,000 Nationwide Financial Services, ICL A 638612101 $8,906 232,960 SH SOLE 2,200 230,760 National Health Realty, Inc. COM 635905102 $1,355 67,700 SH SOLE 0 67,700 NVR, Inc. COM 62944T105 $23,082 30,000 SH SOLE 0 30,000 News Corporation Limited (The) SP ADR PFD 652487802 $15 808 SH SOLE 0 808 Ocular Sciences, Inc. COM 675744106 $1,225 25,000 SH SOLE 0 25,000 O'Reilly Automotive, Inc. COM 686091109 $66,233 1,470,200 SH SOLE 1,900 1,468,300 Outback Steakhouse, Inc. COM 689899102 $28,468 621,850 SH SOLE 900 620,950 Plum Creek Timber Company, Inc. COM 729251108 $846 22,000 SH SOLE 0 22,000 Patterson Companies, Inc. COM 703395103 $1,198 27,600 SH SOLE 0 27,600 PepsiCo, Inc. COM 713448108 $42 800 SH SOLE 0 800 PETCO Animal Supplies, Inc. COM NEW 716016209 $2,764 70,000 SH SOLE 0 70,000 PETsMART, INC. COM 716768106 $2,132 60,000 SH SOLE 0 60,000 P.F. Chang's China Bistro, Inc. COM 69333Y108 $986 17,500 SH SOLE 0 17,500 Pfizer Inc. COM 717081103 $47,958 1,783,500 SH SOLE 1,600 1,781,900 Priority Healthcare Corp. CL B 74264T102 $26 1,200 SH SOLE 1,200 0 Pier 1 Imports, Inc. COM 720279108 $3,698 187,700 SH SOLE 4,000 183,700 Protective Life Corp. COM 743674103 $66,141 1,549,340 SH SOLE 400 1,548,940 PortalPlayer, Inc. COM 736187204 $74 3,000 SH SOLE 0 3,000 Plantronics, Inc. COM 727493108 $2,584 62,300 SH SOLE 0 62,300 Plexus Corp. COM 729132100 $800 61,500 SH SOLE 1,500 60,000 Pemstar, Inc. COM 706552106 $916 506,000 SH SOLE 11,000 495,000 Pentair, Inc. COM 709631105 $53,187 1,221,000 SH SOLE 0 1,221,000 Panera Bread Co. CL A 69840W108 $8,366 207,500 SH SOLE 0 207,500 PartnerRe Ltd. COM G6852T105 $3,277 52,900 SH SOLE 500 52,400 Pericom Semiconductor Corp. COM 713831105 $1,310 138,900 SH SOLE 0 138,900 Animas Corporation COM 03525Y105 $391 25,000 SH SOLE 0 25,000 Glogic Corp. COM 747277101 $7,390 201,200 SH SOLE 600 200,600 Renal Care Group, Inc. COM 759930100 $92,216 2,562,260 SH SOLE 3,300 2,558,960 Everest Re Group, Ltd. COM G3223R108 $3,493 39,000 SH SOLE 0 39,000 Respironics, Inc. COM 761230101 $8,214 151,100 SH SOLE 600 150,500 ARAMARK Corp. CL B 038521100 $10,800 407,400 SH SOLE 1,500 405,900 Radio One, Inc. CL A 75040P108 $2,623 162,900 SH SOLE 2,400 160,500 RPM International, Inc. COM 749685103 $1,424 72,412 SH SOLE 0 72,412 IMS Health Inc. COM 449934108 $9,440 406,700 SH SOLE 1,200 405,500 Salem Communications Corp. CL A 794093104 $1,717 68,800 SH SOLE 1,100 67,700 Asia Satellite Telecomm. HoldingSPONSORED ADR 04516X106 $2,020 108,000 SH SOLE 1,600 106,400 Starbucks Corp. COM 855244109 $1,247 20,000 SH SOLE 0 20,000 SunGard(R) Data Systems Inc. COM 867363103 $6,374 225,000 SH SOLE 0 225,000 Schering-Plough Corp. COM 806605101 $38,628 1,850,000 SH SOLE 0 1,850,000 Shuffle Master, Inc. COM 825549108 $707 15,000 SH SOLE 0 15,000 Shire Pharmaceuticals Group PLC SPONSORED ADR 82481R106 $10,225 320,026 SH SOLE 1,000 319,026 The J. M. Smucker Co. COM 832696405 $1,571 33,376 SH SOLE 0 33,376 Schlumberger Limited COM 806857108 $7 100 SH SOLE 0 100 Sara Lee Corp. COM 803111103 $700 29,000 SH SOLE 0 29,000 Standard Motor SB DB CV 6.75%09 853666AB1 $194,750 2,000,000 PRNSOLE 0 2,000,000 Stericycle, Inc. COM 858912108 $1,755 38,200 SH SOLE 0 38,200 St. Paul Travelers Companies, InCOM 792860108 $1,060 28,595 SH SOLE 650 27,945 State Street Corporation COM 857477103 $5 100 SH SOLE 0 100 Constellation Brands, Inc.-Cl A CL A 21036P108 $64,486 1,386,500 SH SOLE 0 1,386,500 ServiceMaster Co. (The) COM 81760N109 $1,735 125,780 SH SOLE 5,550 120,230 SUPERVALU INC. COM 868536103 $967 28,000 SH SOLE 0 28,000 Sypris Solutions, Inc. COM 871655106 $2,269 148,200 SH SOLE 1,400 146,800 Taro Pharmaceutical Industries, ORD M8737E108 $1,045 30,700 SH SOLE 700 30,000 Tech Data Corp. COM 878237106 $4,367 96,200 SH SOLE 600 95,600 Techne Corp. COM 878377100 $973 25,000 SH SOLE 0 25,000 Tektronix, Inc. COM 879131100 $2,710 89,700 SH SOLE 0 89,700 TESSCO Technologies Inc. COM 872386107 $2,033 145,350 SH SOLE 2,500 142,850 Teva Pharmaceutical Industries LADR 881624209 $5,366 179,700 SH SOLE 1,200 178,500 Teleflex Inc. COM 879369106 $21 400 SH SOLE 0 400 Target Corp. COM 87612E106 $5,712 110,000 SH SOLE 0 110,000 Thoratec Corp. COM NEW 885175307 $19 1,800 SH SOLE 1,800 0 TJX Companies, Inc. COM 872540109 $57,799 2,300,000 SH SOLE 0 2,300,000 Tekelec COM 879101103 $1,635 80,000 SH SOLE 0 80,000 Tellabs, Inc. COM 879664100 $2,663 310,000 SH SOLE 0 310,000 Tractor Supply Company COM 892356106 $186 5,000 SH SOLE 0 5,000 Exploration Co. of Delaware (TheCOM NEW 302133202 $1,949 308,800 SH SOLE 5,000 303,800 Texas Instruments Incorporated COM 882508104 $5 200 SH SOLE 0 200 United Auto Group, Inc. COM 909440109 $1,201 40,600 SH SOLE 600 40,000 UnitedGlobalCom, Inc. CL A 913247508 $127 13,100 SH SOLE 0 13,100 Universal Health Services, Inc.-CL B 913903100 $63,266 1,421,700 SH SOLE 1,700 1,420,000 Universal Health Realty Income TSH BEN INT 91359E105 $238 7,400 SH SOLE 0 7,400 U.S. Bancorp COM NEW 902973304 $313 10,000 SH SOLE 0 10,000 UST Inc. COM 902911106 $818 17,000 SH SOLE 0 17,000 Valspar Corp (The) COM 920355104 $120 2,400 SH SOLE 0 2,400 Vishay Intertechnology, Inc. COM 928298108 $8,985 598,200 SH SOLE 5,000 593,200 VistaCare, Inc. CL A 92839Y109 $249 15,000 SH SOLE 0 15,000 Verizon Communications Inc. COM 92343V104 $802 19,800 SH SOLE 0 19,800 Walgreen Co. COM 931422109 $45,925 1,196,910 SH SOLE 0 1,196,910 Waddell & Reed Financial, Inc. CL A 930059100 $3,025 126,640 SH SOLE 3,100 123,540 Wendy's International, Inc. COM 950590109 $4,711 120,000 SH SOLE 0 120,000 Weyco Group, Inc. COM 962149100 $766 17,300 SH SOLE 0 17,300 Wells Fargo & Co. COM 949746101 $99 1,600 SH SOLE 0 1,600 WellPoint Inc. COM 94973V107 $54,050 470,000 SH SOLE 0 470,000 Washington Mutual, Inc. COM 939322103 $423 10,000 SH SOLE 0 10,000 Wright Medical Group, Inc. COM 98235T107 $1,140 40,000 SH SOLE 0 40,000 Wal-Mart Stores, Inc. COM 931142103 $11 200 SH SOLE 0 200 VCA Antech, Inc. COM 918194101 $1,646 84,000 SH SOLE 0 84,000 Willis Group Holdings Ltd. SHS G96655108 $15,118 367,200 SH SOLE 1,400 365,800 Williams-Sonoma, Inc. COM 969904101 $2,453 70,000 SH SOLE 0 70,000 Wyeth COM 983024100 $45,861 1,076,800 SH SOLE 0 1,076,800 XL Capital Ltd. CL A G98255105 $388 5,000 SH SOLE 0 5,000 Exxon Mobil Corporation COM 30231G102 $21 400 SH SOLE 0 400 DENTSPLY International Inc. COM 249030107 $37,137 660,800 SH SOLE 700 660,100 XTO Energy Inc. COM 98385X106 $5,354 151,325 SH SOLE 875 150,450 Crosstex Energy, Inc. COM 22765Y104 $3,222 76,900 SH SOLE 0 76,900 Yankee Candle Company, Inc. (TheCOM 984757104 $15,190 457,800 SH SOLE 1,200 456,600 Yum! Brands, Inc. COM 988498101 $32,082 680,000 SH SOLE 0 680,000 Zebra Technologies Corp. CL A 989207105 $7,246 128,750 SH SOLE 0 128,750 Zimmer Holdings, Inc. COM 98956P102 $8 100 SH SOLE 0 100 $3,385,698
Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ---------- Form 13F Information Table Entry Total: 276 ---------- Form 13F Information Table Value Total: $3,385,698 ---------- (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-----