13F-HR 1 slp130.txt 13F REPORT UNITED 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, 2001 Check here if Amendment [ x ]; Amendment Number: This Amendment (Check only one.): [ x ] is a restatement. [ ] adds new holdings entries. Institutional investment Manager Filing this Report: Name: Keeley Asset Management Corp. Address: 401 S. LaSalle Street Suite 1201 Chicago, IL 60605 13F File Number: 28-6810 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: John L. Keeley, Jr. Title: President Phone: 312-786-5000 Signature, Place, and Date of Signing: John L. Keeley, Jr., Chicago, IL, November 12, 2001 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT List of other Managers Reporting for this Manager: None I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 182 Form 13F Information Table Value Total: 674,450 List of Other Included Managers: None VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASSCUSIP (X1000PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE AG Services Amer Inc COM 001250109 3,302 284,660SH SOLE 167,060 117,600 Ackerley Group Inc COM 004527107 1,933 180,740SH SOLE 165,840 14,900 Alleghany Corp COM 017175100 3,069 15,424SH SOLE 5,935 9,489 Allegiant Bancorp COM 017476102 120 10,000SH SOLE 10,000 Allstate Corp COM 020002101 6,328 169,430SH SOLE 75,430 94,000 American Financial Hldgs ICOM 026075101 1,763 71,825SH SOLE 33,825 38,000 American Physicians CapitaCOM 028884104 2,968 142,900SH SOLE 111,200 31,700 Amerus Group Co COM 03072m108 211 6,000SH SOLE 6,000 Anadarko Pete Corp. COM 032511107 250 5,205SH SOLE 5,205 Anthricite Capital Inc. COM 037023108 156 15,000SH SOLE 15,000 Apache Corp COM 037411105 3,086 71,760SH SOLE 21,760 50,000 Arch Chemicals Inc. COM 03937r102 5,627 247,910SH SOLE 82,210 165,700 Avalon Holdings Corp. CL A 05343p109 550 232,900SH SOLE 147,900 85,000 Axcelis Technologies Inc. COM 054540109 1,988 210,385SH SOLE 167,085 43,300 Aztar COM 054802103 719 55,000SH SOLE 55,000 BKF Capital Group Inc. COM 05548g102 567 21,000SH SOLE 21,000 BJ's Wholesale Club COM 05548j106 333 7,000SH SOLE 7,000 Banner Corporation COM 06652v109 193 10,000SH SOLE 10,000 Barra Inc. COM 068313105 2,859 68,050SH SOLE 47,050 21,000 Berkshire Hills Bancorp InCOM 084680107 5,725 313,855SH SOLE 201,155 112,700 Blackrock Inc CL A 09247x101 1,294 29,260SH SOLE 26,060 3,200 Boston Private Financial HCOM 101119105 5,782 296,380SH SOLE 182,380 114,000 Bowne & Co Inc COM 103043105 3,490 343,910SH SOLE 194,810 149,100 Broadwing Inc COM 111620100 3,113 193,595SH SOLE 75,595 118,000 Brookline Bancorp Inc COM 113739106 5,188 345,820SH SOLE 197,920 147,900 CFS Bancorp COM 12525d102 6,648 447,048SH SOLE 276,184 170,864 CNA Surety Corp COM 12612L108 4,985 367,870SH SOLE 213,810 154,060 Cuno Inc COM 126583103 2,074 74,750SH SOLE 35,250 39,500 CVS Corp COM 126650100 4,376 131,795SH SOLE 62,295 69,500 Capitol Federal Financial COM 14057c106 2,398 125,500SH SOLE 66,000 59,500 Catellus Developement COM 149111106 7,756 443,675SH SOLE 241,575 202,100 Cendant Corp. COM 151313103 4,433 346,325SH SOLE 147,125 199,200 Central Parking Corp COM 154785109 3,479 248,675SH SOLE 129,975 118,700 Ceridian Corp COM 156779100 5,738 395,680SH SOLE 177,080 218,600 Certegy Inc COM 156880106 5,679 218,781SH SOLE 98,241 120,540 Charter One Financial Inc COM 160903100 296 10,500SH SOLE 10,500 Chemed Corp COM 163596109 6,296 218,610SH SOLE 100,610 118,000 Chesterfield Financial CorCOM 166435107 3,151 210,210SH SOLE 187,010 23,200 Chicago Bridge & Iron CompCOM 167250109 5,812 291,335SH SOLE 170,940 120,395 Choice Hotels Holding Inc COM 16990510610,147 614,970SH SOLE 311,070 303,900 Cincinnati Financial COM 172062101 4,487 107,825SH SOLE 48,325 59,500 Circor Intl Inc COM 17273k109 2,488 165,845SH SOLE 97,845 68,000 Citigroup Inc COM 172967101 511 12,608SH SOLE 12,608 Citizens Communications ClCOM 17453b101 8,892 946,026SH SOLE 481,526 464,500 Citizens First Bancorp COM 17461r106 3,297 222,070SH SOLE 134,570 87,500 Comstock Resources Inc. COM 205768203 2,159 363,520SH SOLE 179,020 184,500 Connecticut Bankshares COM 207540105 530 24,000SH SOLE 24,000 Cox Communications, Inc. CL A 224044107 3,966 95,000SH SOLE 79,500 15,500 Crane Co. COM 224399105 4,461 203,540SH SOLE 80,540 123,000 DTE Energy Co COM 233331107 220 5,100SH SOLE 5,100 Darden Restaurants COM 237194105 252 9,600SH SOLE 9,600 Delphi Automotive Systems COM 247126105 3,076 261,780SH SOLE 121,280 140,500 Deltic Timber Corp COM 247850100 4,731 187,000SH SOLE 108,900 78,100 Devon Energy Corp. COM 25179m103 3,001 87,243SH SOLE 37,743 49,500 Diebold Inc COM 253651103 373 9,800SH SOLE 9,800 Dollar Gen Corp. COM 256669102 130 11,100SH SOLE 11,100 Dover Corp. COM 260003108 3,221 106,985SH SOLE 44,485 62,500 Dun & Bradstreet COM 26483e10013,704 489,449SH SOLE 248,649 240,800 Edwards Lifesciences Corp.COM 28176e108 224 10,000SH SOLE 10,000 EFunds Corp COM 28224r101 184 11,042SH SOLE 11,042 Emcor Group Inc. COM 29084q100 4,214 132,100SH SOLE 86,100 46,000 Energizer Holdings Inc. COM 29266r108 5,051 303,915SH SOLE 96,115 207,800 Equifax Inc. COM 294429105 6,979 318,670SH SOLE 146,220 172,450 Equity Residential PropertCOM 29476l107 274 4,700SH SOLE 4,700 Evergreen Resource Inc. COM 299900308 3,451 101,665SH SOLE 79,215 22,450 Federal Agric Mtg Corp. CL C 31314830610,525 315,320SH SOLE 220,620 94,700 First Bell Bancorp Inc COM 319301107 146 10,000SH SOLE 10,000 First Niagara Financial COM 33582u100 4,147 261,300SH SOLE 119,300 142,000 Florida East Coast IndustrCL B 340632207 2,570 119,004SH SOLE 47,704 71,300 Flowers Foods Inc COM 34349810115,460 426,475SH SOLE 224,075 202,400 Flowserve Corp. COM 34354p105 3,644 184,435SH SOLE 106,935 77,500 Fortune Brands COM 349631101 5,299 158,190SH SOLE 78,690 79,500 Furniture Brands Int'l IncCOM 360921100 3,231 165,835SH SOLE 103,335 62,500 Gaylord Entmt Co. COM 367905106 5,631 280,135SH SOLE 122,335 157,800 Gencorp COM 368682100 1,060 93,500SH SOLE 46,500 47,000 Getty Realty Corporation COM 374297109 1,679 93,300SH SOLE 81,800 11,500 Gray Communications SystemCOM 389190109 471 31,000SH SOLE 31,000 Greater Del VY Hldgs COM 391688108 200 8,000SH SOLE 8,000 Greenpoint Financial Corp COM 395384100 3,951 112,555SH SOLE 57,055 55,500 Griffon Corp COM 398433102 6,071 497,610SH SOLE 325,570 172,040 Guidant Corp COM 401698105 216 5,600SH SOLE 5,600 Hancock John Financial SerCOM 41014s10614,159 354,415SH SOLE 186,015 168,400 Harbor FL Bancshares COM 411901101 3,032 169,650SH SOLE 92,250 77,400 Harris Corp COM 413875105 251 7,900SH SOLE 7,900 Hartford Financial Svcs GrCOM 416515104 5,761 98,070SH SOLE 43,570 54,500 Health Mgmt Assoc. CL A 421933102 401 19,300SH SOLE 19,300 Hearst-Argyle Television COM 422317107 3,484 199,070SH SOLE 81,570 117,500 Hudson City Bancorp Inc. COM 443683107 3,609 151,000SH SOLE 91,000 60,000 Hudson River Bancorp Inc COM 444128102 3,635 181,680SH SOLE 153,480 28,200 I C H Corp. COM 44926L300 616 152,100SH SOLE 119,100 33,000 ITT Corp. COM 450911102 7,241 161,640SH SOLE 89,640 72,000 Interactive Data Corp. COM 45840j107 4,414 336,955SH SOLE 255,455 81,500 Interstate Bakeries COM 46072H108 9,827 385,375SH SOLE 195,675 189,700 Investment Technology COM 46145f105 5,971 107,600SH SOLE 63,600 44,000 Jefferies Group Inc. COM 472319102 5,921 179,425SH SOLE 112,225 67,200 Journal Register Co COM 481138105 3,826 231,900SH SOLE 124,400 107,500 Joy Global Inc COM 481165108 3,548 238,915SH SOLE 164,065 74,850 Kansas City Southern Ind ICOM 485170302 7,058 588,179SH SOLE 376,329 211,850 Katy Inds COM 486026107 190 60,000SH SOLE 60,000 KB Home COM 48666k109 9,411 331,270SH SOLE 148,470 182,800 Key Energy Service COM 492914106 869 136,585SH SOLE 128,385 8,200 Key3Media Group Inc COM 49326r104 823 207,800SH SOLE 156,920 50,880 Knight Trading Group COM 499063105 77 10,000SH SOLE 10,000 Lehman Bros Hldgs Inc COM 524908100 569 10,000SH SOLE 10,000 Lennar Corp COM 52605710414,409 399,815SH SOLE 203,815 196,000 Liberty Media Corp SER A 530718105 4,058 319,510SH SOLE 156,510 163,000 Limited Inc COM 532716107 2,412 253,863SH SOLE 102,863 151,000 London Pacific Group Ltd. COM 542073101 74 25,000SH SOLE 25,000 MB Financial Inc COM 55263d107 288 11,500SH SOLE 11,500 MDC Holdings COM 552676108 2,051 74,000SH SOLE 44,000 30,000 Magnum Hunter Res COM 55972f203 3,980 419,340SH SOLE 269,840 149,500 Manitowoc Company Inc. COM 563571108 4,310 177,790SH SOLE 102,790 75,000 Marriott Intl. CL A 571903202 5,194 155,510SH SOLE 67,510 88,000 Martin Marietta Mater COM 573284106 4,274 109,270SH SOLE 48,270 61,000 Masco Corp. COM 574599106 3,927 192,140SH SOLE 97,140 95,000 Massey Energy Co. COM 576206106 2,430 165,840SH SOLE 111,140 54,700 McDermott Int'l COM 580037109 4,112 498,375SH SOLE 300,375 198,000 Media General Inc CL A 584404107 5,613 129,450SH SOLE 64,950 64,500 Meredith Corp. COM 589433101 6,132 190,860SH SOLE 98,860 92,000 Methode Electrs. CL A 591520200 172 22,800SH SOLE 22,800 MetLife Inc COM 59156r108 7,703 259,365SH SOLE 105,865 153,500 Midas Inc. COM 595626102 243 24,500SH SOLE 24,500 Mony Group Inc. COM 61533710210,398 313,935SH SOLE 161,135 152,800 Moody Corp COM 615369105 8,502 229,795SH SOLE 82,795 147,000 Moog Inc. CL A 615394202 1,354 60,000SH SOLE 32,250 27,750 Moog Inc. CL B 615394301 446 16,500SH SOLE 16,500 Morgan Group CL A 617358106 194 55,300SH SOLE 55,300 Mutual Risk Management LtdCOM 628351108 1,536 202,130SH SOLE 118,630 83,500 Neiman Marcus Group CL B 640204301 2,147 90,600SH SOLE 70,600 20,000 New York Times CL A 650111107 265 6,790SH SOLE 6,790 Nortek Inc COM 656559101 3,033 140,740SH SOLE 89,540 51,200 Occidental Petroleum COM 674599105 5,809 238,645SH SOLE 86,445 152,200 Ocean Energy Inc COM 67481e106 2,466 151,300SH SOLE 80,300 71,000 OceanFirst Financial Corp COM 675234108 602 24,000SH SOLE 24,000 Old Republic Intl COM 68022310412,108 461,965SH SOLE 227,665 234,300 Oregon Trail Financial COM 685932105 474 31,000SH SOLE 31,000 Pico Holdings Inc. COM 693366205 2,165 196,775SH SOLE 113,775 83,000 Patterson Dental Co. COM 703412106 229 6,200SH SOLE 6,200 Paxson Communications CorpCOM 704231109 3,116 432,775SH SOLE 245,775 187,000 Peoples Bank Bridgeport CTCOM 710198102 1,199 54,000SH SOLE 54,000 Pepsi Bottling Group Inc. COM 713409100 8,739 189,685SH SOLE 78,185 111,500 PepsiAmericas Inc COM 71343p200 5,908 395,185SH SOLE 128,085 267,100 Pepsico Inc COM 713448108 6,893 142,130SH SOLE 63,130 79,000 Phoenix Cos Inc COM 71902e109 1,355 93,800SH SOLE 44,200 49,600 Providence & Worcester RR COM 743737108 1,685 256,405SH SOLE 175,205 81,200 Provident Finl Holding IncCOM 743868101 665 28,000SH SOLE 28,000 Pulitzer Pubg Co COM 745769109 4,833 109,145SH SOLE 63,695 45,450 Pure Resources Inc COM 74622e102 4,707 295,123SH SOLE 179,523 115,600 RH Donnelly Corp. COM 74955w307 6,549 250,725SH SOLE 146,225 104,500 Ralcorp Holdings Inc COM 751028101 6,035 310,100SH SOLE 204,800 105,300 Regional Bk Holders Trust DEPOSITRY RCPT75902e100 269 2,500SH SOLE 2,500 Roslyn Bancorp COM 778162107 4,198 226,800SH SOLE 226,800 Ryder Systems COM 783549108 3,648 182,500SH SOLE 57,500 125,000 St. Joe Corp. COM 790148100 6,924 267,835SH SOLE 137,035 130,800 Sara Lee Corp COM 803111103 6,365 298,815SH SOLE 131,815 167,000 Southside Bancshares Corp COM 844700104 151 10,000SH SOLE 10,000 Spinnaker Exploration Co. COM 84855w109 460 13,000SH SOLE 13,000 Stancorp Financial Corp COM 852891100 6,343 131,050SH SOLE 80,050 51,000 Sybron Dental Specialties COM 871142105 9,800 526,855SH SOLE 291,255 235,600 Tasty Baking COM 876553306 4,616 273,155SH SOLE 161,095 112,060 Thomas Indust COM 884425109 2,683 124,500SH SOLE 124,500 Timken Co. COM 887389104 2,566 187,280SH SOLE 120,380 66,900 Titanium Metals Corp. COM 888339108 541 168,995SH SOLE 112,115 56,880 Tremont Advisors CL B 894729201 4,604 242,851SH SOLE 242,851 Tyco Intl Inc. COM 902124106 7,542 165,760SH SOLE 81,760 84,000 Tyler Corp COM 902252105 348 120,000SH SOLE 120,000 USX Marathon Group COM 902905827 3,582 133,900SH SOLE 37,400 96,500 Union Pacific Corp COM 907818108 4,223 90,050SH SOLE 43,550 46,500 Unitrin Inc COM 91327510311,728 306,855SH SOLE 165,855 141,000 Viacom Inc CL B 925524308 5,524 160,116SH SOLE 82,309 77,807 Viad Corp COM 92552R109 3,431 178,870SH SOLE 80,870 98,000 Vintage Pete Inc. COM 927460105 1,272 80,230SH SOLE 44,430 35,800 Wabtec COM 929740108 2,149 197,150SH SOLE 159,150 38,000 Waddell & Reed Fin CL A 93005910010,404 400,135SH SOLE 211,335 188,800 Wal Mart Stores COM 931142103 307 6,200SH SOLE 6,200 Walter Industries COM 93317Q105 4,807 537,100SH SOLE 254,600 282,500 Water Pik Technologies IncCOM 94113u100 2,441 305,100SH SOLE 213,600 91,500 Watts Industries Inc. CL A 942749102 823 62,820SH SOLE 56,020 6,800 Waypoint Financial COM 945756103 2,283 172,550SH SOLE 126,550 46,000 Willbros Group Inc COM 969199108 6,140 454,130SH SOLE 271,000 183,130 Zale Corp COM 988858106 4,774 180,305SH SOLE 87,305 93,000 WP Stewart & Co. Ltd. COM g84922106 1,958 100,965SH SOLE 30,015 70,950