0000903949-12-000006.txt : 20121114 0000903949-12-000006.hdr.sgml : 20121114 20121114112624 ACCESSION NUMBER: 0000903949-12-000006 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121114 DATE AS OF CHANGE: 20121114 EFFECTIVENESS DATE: 20121114 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: 121201980 BUSINESS ADDRESS: STREET 1: 700 NORTH WATER STREET STREET 2: SUITE 1010 CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: 4142724650 MAIL ADDRESS: STREET 1: 700 NORTH WATER STREET STREET 2: SUITE 1010 CITY: MILWAUKEE STATE: WI ZIP: 53202 13F-HR 1 filing093012.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, 2012 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: Executive Vice President and CFO Phone: 414-272-4650 Signature, Place, and Date of Signing: /s/ Jeffrey T. May Milwaukee, WI 11/14/2012 ------------------ ------------- ---------- [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 Aaron's, Inc. COM 002535201 $51,667 1,857,845 SH SOLE 6,495 1,851,350 Abaxis, Inc. COM 002567105 $3,071 85,495 SH SOLE 495 85,000 AmerisourceBergen Corporation COM 03073E105 $5,635 145,565 SH SOLE 165 145,400 ABIOMED, Inc. COM 003654100 $1,919 91,435 SH SOLE 1,435 90,000 Abbott Laboratories COM 002824100 $384 5,600 SH SOLE 3,200 2,400 Advent Software, Inc. COM 007974108 $2,473 100,665 SH SOLE 665 100,000 Allergan, Inc. COM 018490102 $6,879 75,115 SH SOLE 115 75,000 Altera Corporation COM 021441100 $6,807 200,300 SH SOLE 300 200,000 AMETEK, Inc. COM 031100100 $8,076 227,800 SH SOLE 300 227,500 Affiliated Managers Group, Inc. COM 008252108 $95,846 779,234 SH SOLE 1,960 777,274 ANSYS, Inc. COM 03662Q105 $8,561 116,630 SH SOLE 630 116,000 Aon plc SHS CL A G0408V102 $48,490 927,330 SH SOLE 2,330 925,000 A.O. Smith Corporation COM 04544X300 $37,502 651,755 SH SOLE 1,755 650,000 Apache Corp. COM 037411105 $22,305 257,950 SH SOLE 4,250 253,700 Air Products and Chemicals, Inc.COM PAR $.06 009158106 $17 200 SH SOLE 200 Airgas, Inc. COM 009363102 $7,356 89,375 SH SOLE 3,875 85,500 Associated Banc-Corp COM 045487105 $2,321 176,250 SH SOLE 17,250 159,000 Ascena Retail Group Inc. COM 04351G101 $3,690 172,050 SH SOLE 2,050 170,000 AptarGroup, Inc. COM 038336103 $33,826 654,140 SH SOLE 8,540 645,600 Atwood Oceanics, Inc. COM 050095108 $2,073 45,620 SH SOLE 620 45,000 Avago Technologies Limited COM Y0486S104 $6,283 180,200 SH SOLE 200 180,000 Bank of America Corporation 7.257.25%CNV PFD L 060505682 $3,475 3,194 SH SOLE 3,194 Bed Bath & Beyond Inc. COM 075896100 $151 2,400 SH SOLE 1,200 1,200 C.R. Bard, Inc. COM 067383109 $29,198 279,010 SH SOLE 2,810 276,200 Beam Inc. COM 073730103 $5,184 90,100 SH SOLE 100 90,000 BE Aerospace, Inc. COM 073302101 $7,587 180,210 SH SOLE 210 180,000 Beacon Roofing Supply, Inc. COM 073685109 $3,470 121,760 SH SOLE 1,760 120,000 Ball Corporation COM 058498106 $53,370 1,261,400 SH SOLE 7,400 1,254,000 Bemis Company, Inc. COM 081437105 $44 1,400 SH SOLE 1,400 Broadridge Financial Solutions, COM 11133T103 $369 15,800 SH SOLE 3,000 12,800 Brown & Brown, Inc. COM 115236101 $5,913 226,800 SH SOLE 1,000 225,800 Cardinal Health, Inc. COM 14149Y108 $11,429 293,280 SH SOLE 6,180 287,100 Cameron International CorporatioCOM 13342B105 $5,896 105,150 SH SOLE 150 105,000 Cardtronics, Inc. COM 14161H108 $2,997 100,635 SH SOLE 635 100,000 CBRE Group Inc. CL A 12504L109 $29,502 1,602,500 SH SOLE 16,600 1,585,900 Caribou Coffee Company, Inc. COM 142042209 $2,447 178,215 SH SOLE 3,215 175,000 Commerce Bancshares, Inc. COM 200525103 $5,111 126,741 SH SOLE 4,695 122,046 Community Bank System, Inc. COM 203607106 $3,120 110,670 SH SOLE 9,670 101,000 CEVA, Inc. COM 157210105 $2,121 147,485 SH SOLE 2,485 145,000 Cullen/Frost Bankers, Inc. COM 229899109 $3,450 60,075 SH SOLE 75 60,000 Check Point Software TechnologieORD M22465104 $5,443 113,025 SH SOLE 3,025 110,000 CLARCOR Inc. COM 179895107 $589 13,200 SH SOLE 13,200 Continental Resources, Inc. COM 212015101 $5,883 76,500 SH SOLE 100 76,400 Concur Technologies, Inc. COM 206708109 $2,043 27,715 SH SOLE 215 27,500 Coach, Inc. COM 189754104 $7,668 136,875 SH SOLE 3,475 133,400 Cooper Companies, Inc. (The) COM 216648402 $8,872 93,920 SH SOLE 120 93,800 Covidien plc SHS G2554F105 $33,815 569,085 SH SOLE 7,985 561,100 Cepheid COM 15670R107 $1,738 50,350 SH SOLE 350 50,000 Copart, Inc. COM 217204106 $38,995 1,406,250 SH SOLE 3,250 1,403,000 Computer Programs and Systems, ICOM 205306103 $7,988 143,795 SH SOLE 1,495 142,300 Crocs, Inc. COM 227046109 $2,365 145,905 SH SOLE 905 145,000 CARBO Ceramics Inc. COM 140781105 $4,123 65,520 SH SOLE 420 65,100 Cirrus Logic, Inc. COM 172755100 $1,160 30,225 SH SOLE 225 30,000 Computer Services, Inc. COM 20539A105 $1,450 48,466 SH SOLE 400 48,066 CVS/Caremark Corp. COM 126650100 $135 2,792 SH SOLE 2,792 Chevron Corporation COM 166764100 $420 3,600 SH SOLE 1,100 2,500 Concho Resources Inc. COM 20605P101 $4,269 45,060 SH SOLE 60 45,000 Cyberonics, Inc. COM 23251P102 $3,190 60,855 SH SOLE 855 60,000 Digital Realty Trust, Inc. COM 253868103 $9,505 136,075 SH SOLE 5,475 130,600 Dorchester Minerals, L.P. COM UNIT 25820R105 $6,202 280,900 SH SOLE 900 280,000 Darden Restaurants, Inc. COM 237194105 $5,313 95,300 SH SOLE 300 95,000 Dril-Quip, Inc. COM 262037104 $2,933 40,800 SH SOLE 300 40,500 Duff & Phelps Corporation CL A 26433B107 $2,788 204,885 SH SOLE 16,885 188,000 Duke Energy Corporation COM 26441C105 $4 66 SH SOLE 66 0 DaVita, Inc. COM 23918K108 $28,431 274,407 SH SOLE 2,780 271,627 DexCom, Inc. COM 252131107 $1,815 120,775 SH SOLE 775 120,000 Echo Global Logistics, Inc. COM 27875T101 $2,138 124,640 SH SOLE 2,340 122,300 Ecolab Inc. COM 278865100 $8,650 133,470 SH SOLE 3,870 129,600 EMC Corporation COM 268648102 $693 25,400 SH SOLE 8,900 16,500 Emerson Electric Co. COM 291011104 $4,716 97,700 SH SOLE 5,900 91,800 Bottomline Technologies (de), InCOM 101388106 $4,000 161,995 SH SOLE 1,995 160,000 Expeditors Int'l of Washington, COM 302130109 $5,207 143,200 SH SOLE 200 143,000 Exponent, Inc. COM 30214U102 $2,876 50,380 SH SOLE 380 50,000 Express, Inc. COM 30219E103 $2,551 172,110 SH SOLE 2,110 170,000 Fastenal Co. COM 311900104 $9,156 212,985 SH SOLE 585 212,400 Factset Research Systems Inc. COM 303075105 $2,429 25,195 SH SOLE 195 25,000 FirstEnergy Corporation COM 337932107 $62 1,400 SH SOLE 1,400 0 First Financial Bancorp. COM 320209109 $1,255 74,239 SH SOLE 845 73,394 Fidelity National Information SeCOM 31620M106 $5,965 191,049 SH SOLE 200 190,849 Fiserv, Inc. COM 337738108 $27,431 370,537 SH SOLE 4,700 365,837 FleetCor Technologies, Inc. COM 339041105 $8,745 195,210 SH SOLE 210 195,000 FirstMerit Corporation COM 337915102 $2,143 145,500 SH SOLE 500 145,000 Fifth & Pacific Companies, Inc. COM 316645100 $2,575 201,490 SH SOLE 1,490 200,000 Finisar Corporation COM 31787A507 $2,107 147,375 SH SOLE 2,375 145,000 Fortinet COM 34959E109 $1,891 78,315 SH SOLE 815 77,500 Frontier Communications Corp COM 35906A108 $539 110,000 SH SOLE 110,000 Glacier Bancorp, Inc. COM 37637Q105 $1,881 120,725 SH SOLE 725 120,000 Greif, Inc. CL B 397624206 $3,165 64,000 SH SOLE 1,600 62,400 Gilead Sciences, Inc. COM 375558103 $67,398 1,016,100 SH SOLE 6,900 1,009,200 Globus Medical, Inc. CL A 379577208 $1,813 100,560 SH SOLE 560 100,000 Gentex Corporation COM 371901109 $287 16,900 SH SOLE 1,100 15,800 Genuine Parts Company COM 372460105 $98 1,600 SH SOLE 1,600 0 W.W. Grainger, Inc. COM 384802104 $59,085 283,560 SH SOLE 2,450 281,110 HCC Insurance Holdings, Inc. COM 404132102 $1,792 52,870 SH SOLE 770 52,100 Heritage-Crystal Clean, Inc. COM 42726M106 $1,537 77,410 SH SOLE 410 77,000 Healthcare Services Group, Inc. COM 421906108 $9,485 414,737 SH SOLE 18,370 396,367 Home Depot, Inc. (The) COM 437076102 $54 900 SH SOLE 900 Helix Energy Solutions Group, InCOM 42330P107 $26 1,400 SH SOLE 1,400 0 Starwood Hotels & Resorts WorldwCOM 85590A401 $5,802 100,110 SH SOLE 110 100,000 Helmerich & Payne, Inc. COM 423452101 $2,860 60,080 SH SOLE 80 60,000 Hospitality Properties Trust COM SH BEN INT 44106M102 $559 23,500 SH SOLE 23,500 Heartland Payment Systems, Inc. COM 42235N108 $3,028 95,575 SH SOLE 575 95,000 Healthcare Realty Trust IncorporCOM 421946104 $2,083 90,375 SH SOLE 375 90,000 Hormel Foods Corporation COM 440452100 $5,608 191,800 SH SOLE 191,800 HeartWare International, Inc. COM 422368100 $1,427 15,100 SH SOLE 100 15,000 Hub Group, Inc. - Class A CL A 443320106 $2,658 89,560 SH SOLE 1,360 88,200 Huron Consulting Group Inc. COM 447462102 $2,832 81,330 SH SOLE 1,330 80,000 iShares iBoxx $ High Yield CorpoHIGH YLD CORP 464288513 $46 500 SH SOLE 500 IBERIABANK Corporation COM 450828108 $2,334 50,955 SH SOLE 655 50,300 IDEX Corporation COM 45167R104 $8,716 208,675 SH SOLE 725 207,950 InterContinental Hotels Group PLSPONS ADR NEW 45857P301 $7,884 300,340 SH SOLE 340 300,000 IHS Inc. CL A 451734107 $8,284 85,100 SH SOLE 100 85,000 Informatica Corporation COM 45666Q102 $3,484 100,100 SH SOLE 600 99,500 Summit Hotel Properties, Inc. COM 866082100 $7,508 879,141 SH SOLE 2,300 876,841 Intel Corporation COM 458140100 $640 28,200 SH SOLE 11,600 16,600 InnerWorkings, Inc. COM 45773Y105 $3,567 273,970 SH SOLE 3,970 270,000 Illinois Tool Works Inc. COM 452308109 $642 10,800 SH SOLE 5,400 5,400 Jarden Corporation COM 471109108 $10,082 190,800 SH SOLE 800 190,000 Johnson Controls, Inc. COM 478366107 $35,038 1,278,750 SH SOLE 14,450 1,264,300 Jack Henry and Associates, Inc. COM 426281101 $3,054 80,575 SH SOLE 575 80,000 SPDR Barclays Capital High YieldBRCLYS YLD ETF 78464A417 $20 500 SH SOLE 500 Jos. A. Bank Clothiers, Inc. COM 480838101 $41,100 847,775 SH SOLE 3,475 844,300 Nordstrom, Inc. COM 655664100 $6,723 121,840 SH SOLE 740 121,100 Kirby Corporation COM 497266106 $28,051 507,430 SH SOLE 2,030 505,400 Kinder Morgan, Inc. COM 49456B101 $9,821 276,500 SH SOLE 1,500 275,000 Kinder Morgan Energy Partners, LUT LTD PARTNER 494550106 $25 300 SH SOLE 300 0 Kinder Morgan Management, LLC SHS 49455U100 $60,099 786,638 SH SOLE 1,687 784,951 CarMax, Inc. COM 143130102 $8,363 295,525 SH SOLE 5,325 290,200 Kraft Foods Group, Inc. - W/I COM 50076Q106 $1,116 25,000 SH SOLE 25,000 Loews Corporation COM 540424108 $37,221 902,100 SH SOLE 2,100 900,000 Leggett & Platt, Incorporated COM 524660107 $6,147 245,400 SH SOLE 11,600 233,800 LKQ Corporation COM 501889208 $47,236 2,553,288 SH SOLE 5,670 2,547,618 Leucadia National Corporation COM 527288104 $39,558 1,738,835 SH SOLE 4,050 1,734,785 La-Z-Boy Incorporated COM 505336107 $1,033 70,615 SH SOLE 615 70,000 MasterCard Incorporated CL A 57636Q104 $63,959 141,665 SH SOLE 1,065 140,600 Mid-America Apartment CommunitieCOM 59522J103 $3,919 60,000 SH SOLE 60,000 Masimo Corporation COM 574795100 $3,187 131,815 SH SOLE 1,815 130,000 Mattel, Inc. COM 577081102 $3,779 106,500 SH SOLE 1,500 105,000 McDonald's Corporation COM 580135101 $5,964 65,000 SH SOLE 2,700 62,300 Microchip Technology Inc. COM 595017104 $12,884 393,530 SH SOLE 11,780 381,750 MICROS Systems, Inc. COM 594901100 $2,709 55,160 SH SOLE 660 54,500 MercadoLibre, Inc. COM 58733R102 $9,277 112,380 SH SOLE 380 112,000 Middleby Corporation (The) COM 596278101 $4,269 36,920 SH SOLE 520 36,400 Mobile Mini, Inc. COM 60740F105 $3,610 216,060 SH SOLE 3,360 212,700 McCormick & Company, Inc. COM 579780206 $8,231 132,675 SH SOLE 3,675 129,000 Marsh & McLennan Companies, Inc.COM 571748102 $8,125 239,475 SH SOLE 10,075 229,400 Merit Medical Systems, Inc. COM 589889104 $3,562 238,575 SH SOLE 3,575 235,000 Monmouth Real Estate Investment CL A 609720107 $6,530 583,580 SH SOLE 8,580 575,000 Monro Muffler Brake, Inc. COM 610236101 $2,958 84,050 SH SOLE 1,550 82,500 Monster Beverage Corporation COM 611740101 $4,609 85,095 SH SOLE 95 85,000 Altria Group, Inc. COM 02209S103 $27 800 SH SOLE 800 0 Molex Incorporated CL A 608554200 $4,498 207,100 SH SOLE 10,100 197,000 Morningstar, Inc. COM 617700109 $3,150 50,280 SH SOLE 280 50,000 Medical Properties Trust, Inc. COM 58463J304 $527 50,400 SH SOLE 400 50,000 Marten Transport, Ltd. COM 573075108 $2,318 131,955 SH SOLE 1,955 130,000 MSCI Inc. CL A 55354G100 $6,270 175,190 SH SOLE 190 175,000 Microsoft Corporation COM 594918104 $628 21,100 SH SOLE 9,500 11,600 MSC Industrial Direct Co., Inc. CL A 553530106 $425 6,300 SH SOLE 500 5,800 Mettler-Toledo International IncCOM 592688105 $35,319 206,860 SH SOLE 1,610 205,250 MWI Veterinary Supply, Inc. COM 55402X105 $3,251 30,475 SH SOLE 475 30,000 National HealthCare Corporation COM 635906100 $1,446 30,297 SH SOLE 30,297 Annaly Capital Management, Inc. COM 035710409 $758 45,000 SH SOLE 45,000 National Presto Industries, Inc.COM 637215104 $4,468 61,300 SH SOLE 61,300 NuVasive, Inc. COM 670704105 $1,728 75,430 SH SOLE 430 75,000 Novartis AG SPONSORED ADR 66987V109 $5,838 95,300 SH SOLE 300 95,000 NxStage Medical, Inc. COM 67072V103 $1,595 120,760 SH SOLE 760 120,000 Omega Healthcare Investors, Inc.COM 681936100 $2,055 90,400 SH SOLE 400 90,000 Omnicell, Inc. COM 68213N109 $2,751 197,900 SH SOLE 2,900 195,000 Old Republic International CorpoCOM 680223104 $5,124 551,000 SH SOLE 1,000 550,000 O'Reilly Automotive, Inc. COM 67103H107 $64,670 773,384 SH SOLE 5,020 768,364 Plains All American Pipeline, L.UNIT LTD PARTN 726503105 $2,426 27,500 SH SOLE 700 26,800 Penske Automotive Group, Inc. COM 70959W103 $26,148 868,985 SH SOLE 2,825 866,160 VeriFone Systems, Inc. COM 92342Y109 $6,770 243,105 SH SOLE 305 242,800 Paychex, Inc. COM 704326107 $11,941 358,700 SH SOLE 8,300 350,400 Prestige Brands Holdings, Inc. COM 74112D101 $1,197 70,550 SH SOLE 550 70,000 Plum Creek Timber Company, Inc. COM 729251108 $5,541 126,400 SH SOLE 1,400 125,000 Pepsico, Inc. COM 713448108 $658 9,300 SH SOLE 3,100 6,200 PETsMART, INC. COM 716768106 $8,287 120,135 SH SOLE 135 120,000 Pfizer Inc. COM 717081103 $5,524 222,300 SH SOLE 7,300 215,000 Polaris Industries Inc. COM 731068102 $36,638 453,054 SH SOLE 1,040 452,014 Pier 1 Imports, Inc. COM 720279108 $3,298 176,000 SH SOLE 1,000 175,000 Douglas Dynamics, Inc. COM 25960R105 $4,024 272,100 SH SOLE 272,100 Philip Morris International Inc.COM 718172109 $50,214 558,300 SH SOLE 1,300 557,000 PAA Natural Gas Storage, L.P. UNIT LTD PTNR 693139107 $5,572 280,000 SH SOLE 280,000 Pentair, Inc. COM 709631105 $7,800 175,250 SH SOLE 250 175,000 Insulet Corporation COM 45784P101 $2,704 125,300 SH SOLE 900 124,400 Post Holdings, Inc. COM 737446104 $2,873 95,590 SH SOLE 590 95,000 PriceSmart, Inc. COM 741511109 $10,066 132,935 SH SOLE 435 132,500 Ryder System, Inc. COM 783549108 $5,000 128,000 SH SOLE 700 127,300 Regal-Beloit Corporation COM 758750103 $3,368 47,780 SH SOLE 280 47,500 Elizabeth Arden, Inc. COM 28660G106 $3,326 70,400 SH SOLE 400 70,000 RF Micro Devices,Inc. COM 749941100 $1,284 325,150 SH SOLE 5,150 320,000 Red Hat, Inc. COM 756577102 $6,841 120,150 SH SOLE 150 120,000 Raymond James Financial, Inc. COM 754730109 $8,437 230,200 SH SOLE 200 230,000 Rocky Mountain Chocolate FactoryCOM PAR $0.03 774678403 $1,628 128,597 SH SOLE 4,750 123,847 ResMed Inc. COM 761152107 $9,869 243,850 SH SOLE 1,050 242,800 RBC Bearings COM 75524B104 $2,421 50,335 SH SOLE 335 50,000 Rosetta Resources, Inc. COM 777779307 $2,893 60,405 SH SOLE 405 60,000 RPM International, Inc. COM 749685103 $8,261 289,462 SH SOLE 18,506 270,956 Cohen & Steers Quality Income ReCOM 19247L106 $7,751 721,671 SH SOLE 721,671 Republic Services, Inc. COM 760759100 $28,225 1,026,000 SH SOLE 11,100 1,014,900 Sally Beauty Holdings, Inc. COM 79546E104 $16,468 656,341 SH SOLE 1,555 654,786 Sabra Health Care REIT, Inc. COM 78573L106 $5,064 253,050 SH SOLE 3,050 250,000 Stepan Company COM 858586100 $44,693 464,975 SH SOLE 1,250 463,725 comScore, Inc. COM 20564W105 $2,147 140,810 SH SOLE 810 140,000 Select Comfort Corporation COM 81616X103 $12,417 393,580 SH SOLE 1,080 392,500 Seneca Foods Corporation CL A 817070501 $23,189 776,600 SH SOLE 1,800 774,800 Signet Jewelers Limited SHS G81276100 $30,056 616,400 SH SOLE 1,400 615,000 Selective Insurance Group, Inc. COM 816300107 $1 60 SH SOLE 60 0 Siron Dental Systems, Inc. COM 82966C103 $19,564 343,475 SH SOLE 5,675 337,800 Solera Holdings, Inc. COM 83421A104 $19,180 437,200 SH SOLE 4,300 432,900 SM Energy Company COM 792228108 $1,724 31,855 SH SOLE 255 31,600 Snap-on Incorporated COM 833034101 $67,481 938,925 SH SOLE 8,325 930,600 Standard Parking Corporation COM 853790103 $3,642 162,360 SH SOLE 2,360 160,000 STERIS Corporation COM 859152100 $4,151 117,015 SH SOLE 1,515 115,500 Sensient Technologies CorporatioCOM 81725T100 $2,989 81,310 SH SOLE 1,310 80,000 Stryker Corporation COM 863667101 $7,600 136,550 SH SOLE 7,950 128,600 Sysco Corporation COM 871829107 $6,707 214,500 SH SOLE 12,800 201,700 AT&T Inc. COM 00206R102 $4,844 128,500 SH SOLE 3,500 125,000 Teradata Corporation COM 88076W103 $7,550 100,120 SH SOLE 120 100,000 TransDigm Group Incorporated COM 893641100 $6,392 45,055 SH SOLE 55 45,000 Tidewater Inc. COM 886423102 $451 9,300 SH SOLE 3,700 5,600 Integrys Energy Group, Inc. COM 45822P105 $684 13,100 SH SOLE 1,200 11,900 Teva Pharmaceutical Industries LADR 881624209 $12 300 SH SOLE 300 Teleflex Incorporated COM 879369106 $3,117 45,285 SH SOLE 285 45,000 Thoratec Corporation COM 885175307 $1,913 55,280 SH SOLE 280 55,000 TreeHouse Foods, Inc. COM 89469A104 $2,378 45,300 SH SOLE 300 45,000 TIBCO Software Inc. COM 88632Q103 $6,205 205,250 SH SOLE 250 205,000 TJX Companies, Inc. (The) COM 872540109 $8,072 180,215 SH SOLE 215 180,000 Thermo Fisher Scientific Inc. COM 883556102 $55,688 946,586 SH SOLE 7,545 939,041 TOTAL S.A. SPONSORED ADR 89151E109 $5,511 110,000 SH SOLE 110,000 DealerTrack Holdings, Inc. COM 242309102 $3,130 112,370 SH SOLE 670 111,700 Thomson Reuters Corporation COM 884903105 $4,488 155,500 SH SOLE 500 155,000 Tornier N.V. SHS N87237108 $1,540 81,290 SH SOLE 1,290 80,000 T. Rowe Price Group, Inc. COM 74144T108 $7,302 115,350 SH SOLE 4,150 111,200 Travelers Companies, Inc. (The) COM 89417E109 $839 12,285 SH SOLE 6,084 6,201 Tractor Supply Company COM 892356106 $2,971 30,040 SH SOLE 40 30,000 Tupperware Brands Corporation COM 899896104 $16,307 304,295 SH SOLE 6,295 298,000 Time Warner Inc. COM 887317303 $5,911 130,400 SH SOLE 400 130,000 Unilever PLC SPON ADR NEW 904767704 $5,679 155,500 SH SOLE 500 155,000 Ulta Salon, Cosmetics & FragrancCOM 903845303 $8,458 87,820 SH SOLE 320 87,500 United Natural Foods, Inc. COM 911163103 $4,119 70,465 SH SOLE 465 70,000 Valspar Corporation (The) COM 920355104 $112 2,000 SH SOLE 2,000 Varian Medical Systems, Inc. COM 92220P105 $8,073 133,835 SH SOLE 3,535 130,300 Vantiv, Inc. CL A 92210H105 $4,747 220,285 SH SOLE 285 220,000 Vera Bradley, Inc. COM 92335C106 $2,520 105,650 SH SOLE 650 105,000 Valeant Pharmaceuticals InternatCOM 91911K102 $77,735 1,406,460 SH SOLE 6,460 1,400,000 Westinghouse Air Brake TechnologCOM 929740108 $7,234 90,100 SH SOLE 100 90,000 Walgreen Co. COM 931422109 $59,415 1,630,500 SH SOLE 14,000 1,616,500 Waste Connections, Inc. COM 941053100 $289 9,550 SH SOLE 750 8,800 Waddell & Reed Financial, Inc. CL A 930059100 $4,200 128,170 SH SOLE 9,270 118,900 Wendy's Company (The) COM 950587105 $2,380 523,050 SH SOLE 3,050 520,000 Weyco Group, Inc. COM 962149100 $12 500 SH SOLE 500 0 Wells Fargo & Company COM 949746101 $36,545 1,058,350 SH SOLE 2,350 1,056,000 Wachovia Corporation 7.50% Non-CPERP PFD CNV A 949746804 $1,238 1,000 SH SOLE 1,000 Whiting Petroleum Corporation COM 966387102 $6,825 144,050 SH SOLE 5,150 138,900 W.P. Carey & Co. LLC COM 92930Y107 $5,576 113,800 SH SOLE 113,800 W.R. Berkley Corporation COM 084423102 $866 23,100 SH SOLE 7,500 15,600 Willis Group Holdings Ltd. SHS G96655108 $8,819 238,865 SH SOLE 10,265 228,600 Western Union Company (The) COM 959802109 $5,858 321,500 SH SOLE 12,500 309,000 Woodward Inc. COM 980745103 $25,148 740,070 SH SOLE 1,975 738,095 Wright Express Corporation COM 98233Q105 $3,157 45,280 SH SOLE 280 45,000 DENTSPLY International Inc. COM 249030107 $8,836 231,680 SH SOLE 8,880 222,800 Zumiez Inc. COM 989817101 $2,372 85,540 SH SOLE 540 85,000 $2,641,547

Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ---------- Form 13F Information Table Entry Total: 264 ---------- Form 13F Information Table Value Total: $2,641,547 ---------- (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