-----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, D17QID8b1APjcfzFUzbWi3KsWThnt1WElmPOc4olU2uP+suhaT+GHfr8UYQWeaWM Q+nvrSVYQ9nMxaoNH+curQ== 0000903949-04-000001.txt : 20040129 0000903949-04-000001.hdr.sgml : 20040129 20040129151719 ACCESSION NUMBER: 0000903949-04-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031231 FILED AS OF DATE: 20040129 EFFECTIVENESS DATE: 20040129 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: 04552245 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 co13f1203.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, 2003 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 01/29/2004 [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).)
Item 2: Item 4: Item 5: Item 1: Title Item 3: Fair Market Shares or Investment Item 7: Item 8: Name of of CUSIP Value Principal Discretion Managers Voting Authority Issuer Class Number (thousands) Amount (a)Sole See Instr.V(a)Sole (b)Share (c)None AmerisourceBergen Corporation COM 03073E105 $157 SH 2,800 2,800 2,000 800 Abbott Laboratories COM 002824100 $25,500 SH 547,200 547,200 547,200 Accredo Health, Incorporated COM 00437V104 $54 SH 1,700 1,700 600 1,100 ACE Limited ORD G0070K103 $1,574 SH 38,000 38,000 38,000 0 Affiliated Computer Services, InCL A 008190100 $36,085 SH 662,600 662,600 17,600 645,000 Alberto-Culver Company CL A 013068200 $59,705 SH 946,490 946,490 20,890 925,600 A. G. Edwards, Inc. COM 281760108 $1,268 SH 35,000 35,000 35,000 Allergan, Inc. COM 018490102 $4,225 SH 55,000 55,000 55,000 American International Group, InCOM 026874107 $66 SH 1,203 1,203 1,203 0 Arthur J. Gallagher & Co. COM 363576109 $5,913 SH 182,000 182,000 182,000 Affiliated Managers Group COM 008252108 $48,650 SH 1,094,000 1,094,000 1,094,000 AmerUs Group Co. COM 03072M108 $3,084 SH 88,190 88,190 37,090 51,100 American National Insurance CompCOM 028591105 $422 SH 5,000 5,000 5,000 Andrew Corporation COM 034425108 $714 SH 62,000 62,000 2,000 60,000 Apogent Technologies Inc. COM 03760A101 $60,609 SH 2,630,610 2,630,610 49,710 2,580,900 Apache Corporation COM 037411105 $5,594 SH 68,975 68,975 68,975 Applebee's International, Inc. COM 037899101 $3,845 SH 97,900 97,900 400 97,500 AptarGroup, Inc. COM 038336103 $4,512 SH 115,700 115,700 36,200 79,500 Axcan Pharma Inc. COM 054923107 $1,754 SH 112,100 112,100 2,000 110,100 American Express Company COM 025816109 $53,053 SH 1,100,000 1,100,000 1,100,000 AXIS Capital Holdings Limited SHS G0692U109 $1,540 SH 52,600 52,600 3,500 49,100 AutoZone, Inc. COM 053332102 $42,605 SH 500,000 500,000 500,000 Baxter International Inc. COM 071813109 $40,918 SH 1,340,700 1,340,700 1,340,700 Biotech HOLDRS Trust DEPOSTRY RCPTS D09067201 $4,871 SH 36,000 36,000 36,000 Black Box Corporation COM 091826107 $2,474 SH 53,700 53,700 1,200 52,500 BEA Systems, Inc. COM 073325102 $1,507 SH 122,500 122,500 122,500 W. R. Berkley Corporation COM 084423102 $55,169 SH 1,578,525 1,578,525 13,275 1,565,250 Biogen Idec Inc. COM 09062X103 $2,749 SH 74,750 74,750 74,750 BJ Services Company COM 055482103 $2,872 SH 80,000 80,000 80,000 Biolase Technology, Inc. COM 090911108 $867 SH 52,200 52,200 52,200 Biomet, Inc. COM 090613100 $6,419 SH 176,300 176,300 21,300 155,000 Bemis Company, Inc. COM 081437105 $8,895 SH 177,900 177,900 26,200 151,700 Bristol-Myers Squibb Company COM 110122108 $23,095 SH 807,500 807,500 37,500 770,000 Business Objects S.A. SPONSORED ADR 12328X107 $693 SH 20,000 20,000 20,000 Brady Corporation CL A 104674106 $204 SH 5,000 5,000 5,000 Berkshire Hathaway Inc. - Class CL A 084670108 $132,188 SH 1,569 1,569 1,569 Bruker BioSciences Corporation COM 116794108 $628 SH 137,970 137,970 2,520 135,450 Brown & Brown, Inc. COM 115236101 $4,288 SH 131,500 131,500 31,500 100,000 Boston Scientific Corporation COM 101137107 $7,720 SH 210,000 210,000 210,000 Biovail Corporation COM 09067J109 $28 SH 1,300 1,300 1,300 Buffalo Wild Wings, Inc. COM 119848109 $12 SH 475 475 475 Baylake Corp. COM 072788102 $1,316 SH 93,000 93,000 2,000 91,000 ConAgra Foods, Inc. COM 205887102 $528 SH 20,000 20,000 20,000 Cardinal Health, Inc. COM 14149Y108 $59,441 SH 971,891 971,891 25,152 946,739 Commerce Bancorp, Inc. COM 200519106 $6,406 SH 121,600 121,600 1,600 120,000 Clear Channel Communications, InCOM 184502102 $59,247 SH 1,265,145 1,265,145 33,380 1,231,765 Cendant Corporation COM 151313103 $27,838 SH 1,250,000 1,250,000 1,250,000 CDW Computer Centers, Inc. COM 12512N105 $9,138 SH 158,200 158,200 13,200 145,000 Charter One Financial, Inc. COM 160903100 $762 SH 22,050 22,050 1,050 21,000 Community First Bankshares, Inc.COM 203902101 $1,375 SH 47,500 47,500 47,500 Check Point Software TechnologieORD M22465104 $1,477 SH 87,800 87,800 2,500 85,300 C.H. Robinson Worldwide, Inc. COM 12541W100 $1,706 SH 45,000 45,000 45,000 Cincinnati Financial CorporationCOM 172062101 $37 SH 2,082 2,082 2,082 0 CLARCOR Inc. COM 179895107 $353 SH 8,000 8,000 8,000 ChoicePoint Inc. COM 170388102 $28,764 SH 755,165 755,165 18,500 736,665 Correctional Properties Trust COM 22025E104 $1,374 SH 47,700 47,700 47,700 Carter's Inc. COM 146229109 $9 SH 480 480 480 Charles River Laboratories InterCOM 159864107 $1,682 SH 49,000 49,000 49,000 Cintas Corporation COM 172908105 $34,352 SH 685,250 685,250 20,400 664,850 CUNO Incorporated COM 126583103 $1,833 SH 40,700 40,700 700 40,000 CVS Corporation COM 126650100 $51,320 SH 1,420,806 1,420,806 36,658 1,384,148 Cyberonics, Inc. COM 23251P102 $2,971 SH 92,800 92,800 92,800 Donaldson Company, Inc. COM 257651109 $296 SH 5,000 5,000 5,000 Dollar General Corporation COM 256669102 $17,925 SH 854,000 854,000 4,000 850,000 Walt Disney Company (The) COM 254687106 $35 SH 1,500 1,500 1,500 0 EchoStar Communications CorporatCL A 278762109 $2,003 SH 58,900 58,900 4,600 54,300 Denbury Resources Inc. COM NEW 247916208 $1,196 SH 86,000 86,000 1,000 85,000 DRS Technologies, Inc. COM 23330X100 $1,411 SH 50,800 50,800 800 50,000 DeVry Inc. COM 251893103 $1,508 SH 60,000 60,000 60,000 DaVita, Inc. COM 23918K108 $47,068 SH 1,206,867 1,206,867 31,600 1,175,267 Brinker International, Inc. COM 109641100 $1,645 SH 49,600 49,600 12,600 37,000 Emmis Communications CorporationCL A 291525103 $1,772 SH 65,500 65,500 700 64,800 Emerson Electric Co. COM 291011104 $421 SH 6,500 6,500 1,000 5,500 Entegris Inc. COM 29362U104 $411 SH 32,000 32,000 2,000 30,000 Eaton Vance Corp. COM NON VTG 278265103 $4,915 SH 215,000 215,000 215,000 Exactech, Inc. COM 30064E109 $295 SH 20,000 20,000 20,000 Corporate Executive Board CompanCOM 21988R102 $210 SH 4,500 4,500 4,500 Expeditors International of WashCOM 302130109 $7,155 SH 190,000 190,000 190,000 Fastenal Company COM 311900104 $10,238 SH 205,000 205,000 205,000 Family Dollar Stores, Inc. COM 307000109 $3,466 SH 96,600 96,600 6,600 90,000 Fresh Del Monte Produce Inc. ORD G36738105 $320 SH 10,000 10,000 10,000 First Health Group Corp. COM 320960107 $8,170 SH 255,000 255,000 255,000 Fiserv, Inc. COM 337738108 $10,902 SH 275,937 275,937 275,937 Fifth Third Bancorp COM 316773100 $59,406 SH 1,005,182 1,005,182 11,419 993,763 FLIR Systems, Inc. COM 302445101 $2,913 SH 79,800 79,800 3,800 76,000 FirstMerit Corporation COM 337915102 $2,047 SH 75,900 75,900 20,900 55,000 Fresh Brands, Inc. COM 35803U108 $1,179 SH 107,200 107,200 107,200 Forest Laboratories, Inc. COM 345838106 $5,346 SH 86,500 86,500 86,500 General Dynamics Corporation COM 369550108 $58,979 SH 652,500 652,500 652,500 Guidant Corporation COM 401698105 $67,039 SH 1,113,600 1,113,600 4,100 1,109,500 Graco, Inc. COM 384109104 $4 SH 100 100 100 General Mills, Inc. COM 370334104 $815 SH 18,000 18,000 8,000 10,000 Genuine Parts Company COM 372460105 $881 SH 26,550 26,550 11,550 15,000 GlobalSanteFe Corporation COM G3930E101 $2,731 SH 110,000 110,000 110,000 W.W. Grainger, Inc. COM 384802104 $322 SH 6,800 6,800 800 6,000 HCA, INC. COM 404119109 $533 SH 12,400 12,400 12,400 0 HCC Insurance Holdings, Inc. COM 404132102 $2,417 SH 76,000 76,000 1,000 75,000 Health Care Property Investors, COM 421915109 $2,286 SH 45,000 45,000 45,000 Home Depot, Inc. (The) COM 437076102 $45,104 SH 1,270,900 1,270,900 20,900 1,250,000 Harley-Davidson, Inc. COM 412822108 $6,336 SH 133,300 133,300 12,700 120,600 Hewitt Associates, Inc. COM 42822Q100 $7,876 SH 263,400 263,400 46,900 216,500 Hancock Fabrics, Inc. COM 409900107 $290 SH 20,000 20,000 20,000 Health Management Associates, InCL A 421933102 $65,163 SH 2,715,110 2,715,110 2,190 2,712,920 Harvest Natural Resources, Inc. COM 41754V103 $796 SH 80,000 80,000 80,000 H.J. Heinz Company COM 423074103 $401 SH 11,000 11,000 11,000 H&R Block, Inc. COM 093671105 $49,833 SH 900,000 900,000 900,000 Hilb, Rogal and Hamilton CompanyCOM 431294107 $1,629 SH 50,800 50,800 800 50,000 Hormel Foods Corporation COM 440452100 $20,875 SH 808,800 808,800 43,800 765,000 Harris Corporation COM 413875105 $8,914 SH 234,900 234,900 14,900 220,000 Hughes Electronics Corporation COM 444418107 $59,454 SH 3,592,370 3,592,370 80,037 3,512,333 InterActiveCorp COM 45840Q101 $47,255 SH 1,392,710 1,392,710 41,910 1,350,800 ICU Medical, Inc. COM 44930G107 $1,046 SH 30,500 30,500 500 30,000 IPC Holdings, Ltd. ORD G4933P101 $2,181 SH 56,000 56,000 1,000 55,000 International Speedway CorporatiCL A 460335201 $15,579 SH 348,826 348,826 1,900 346,926 Intersil Corporation CL A 46069S109 $154 SH 7,000 7,000 7,000 Illinois Tool Works Inc. COM 452308109 $587 SH 7,000 7,000 7,000 Jabil Circuit, Inc. COM 466313103 $4,811 SH 170,000 170,000 170,000 Johnson Controls, Inc. COM 478366107 $581 SH 5,000 5,000 5,000 J. C. Penney Company, Inc. COM 708160106 $3,154 SH 120,000 120,000 120,000 Journal Communications, Inc. COM 481130102 $1,075 SH 58,000 58,000 58,000 Keane, Inc. COM 486665102 $4,875 SH 333,000 333,000 333,000 Krispy Kreme Doughnuts, Inc. COM 501014104 $915 SH 25,000 25,000 25,000 Kinder Morgan, Inc. COM 49455P101 $1,743 SH 29,500 29,500 20,500 9,000 Kinder Morgan Management, LLC SHS 49455U100 $70,684 SH 1,645,339 1,645,339 1,645,339 Kohl's Corporation COM 500255104 $22,789 SH 507,100 507,100 507,100 Liberty Media Corporation COM SER A 001957208 $78,432 SH 6,596,481 6,596,481 137,206 6,459,275 Lamar Advertising Company CL A 512815101 $10,752 SH 288,100 288,100 24,200 263,900 Lancaster Colony Corporation COM 513847103 $994 SH 22,000 22,000 10,000 12,000 Eli Lilly and Company COM 532457108 $29,890 SH 425,000 425,000 425,000 Legg Mason, Inc. COM 524901105 $7,332 SH 95,000 95,000 95,000 Alliant Energy Corporation COM 018802108 $448 SH 18,000 18,000 18,000 LifePoint Hospitals, Inc. COM 53219L109 $2,062 SH 70,000 70,000 70,000 LSI Logic Corporation COM 502161102 $887 SH 100,000 100,000 100,000 Manpower Inc. COM 56418H100 $54,095 SH 1,149,000 1,149,000 32,800 1,116,200 Mathews International CorporatioCL A 577128101 $1,799 SH 60,800 60,800 60,800 McDonald's Corporation COM 580135101 $30 SH 1,200 1,200 1,200 0 Contango Oil & Gas Company, Inc.COM 21075N204 $70 SH 10,000 10,000 3,000 7,000 Contango Oil & Gas Company Series C Pfd Cvt $3,016 SH 500 500 500 Microchip Technology IncorporateCOM 595017104 $9,736 SH 233,750 233,750 233,750 Mercury General Corporation COM 589400100 $52,951 SH 1,137,500 1,137,500 20,800 1,116,700 Molecular Devices Corp. COM 60851C107 $617 SH 32,500 32,500 32,500 Medtronic, Inc. COM 585055106 $40,647 SH 836,196 836,196 836,196 MDU Resources Group, Inc. COM 552690109 $3,393 SH 142,500 142,500 142,500 MedSource Technologies, Inc. COM 58505Y103 $396 SH 88,000 88,000 3,000 85,000 Marshall & Ilsley Corporation COM 571834100 $89,299 SH 2,334,626 2,334,626 30,500 2,304,126 Molex Incorporated CL A 608554200 $3,960 SH 155,000 155,000 155,000 Montpelier Re Holdings Ltd. SHS 2956888 $29 SH 800 800 800 0 Merck & Co., Inc. COM 589331107 $1,497 SH 32,400 32,400 20,400 12,000 Medicis Pharmaceutical CorporatiCL A NEW 584690309 $7,772 SH 109,000 109,000 109,000 MSC Industrial Direct Co., Inc. CL A 553530106 $1,815 SH 66,000 66,000 1,000 65,000 MGIC Investment Corporation COM 552848103 $6,377 SH 112,000 112,000 2,000 110,000 Nabors Industries, Ltd. COM G6359F103 $955 SH 23,000 23,000 23,000 National Commerce Financial CorpCOM 63545P104 $5,942 SH 217,800 217,800 32,800 185,000 New England Business Service, InCOM 643872104 $295 SH 10,000 10,000 10,000 National Financial Partners CorpCOM 63607P208 $1,518 SH 55,100 55,100 55,100 Nationwide Financial Services, ICL A 638612101 $7,609 SH 230,160 230,160 38,060 192,100 National Health Realty, Inc. COM 635905102 $2,512 SH 127,500 127,500 127,500 News Corporation Limited (The) SP ADR PFD 652487802 $12,154 SH 401,788 401,788 8,946 392,842 Orbitz, Inc. COM 68556Y100 $1,332 SH 57,400 57,400 451 56,949 O'Reilly Automotive, Inc. COM 686091109 $56,174 SH 1,464,400 1,464,400 32,400 1,432,000 Outback Steakhouse, Inc. COM 689899102 $34,420 SH 778,550 778,550 28,550 750,000 Osteotech, Inc. COM 688582105 $836 SH 95,000 95,000 95,000 Plum Creek Timber Company, Inc. COM 729251108 $670 SH 22,000 22,000 22,000 Patterson Dental Company COM 703412106 $885 SH 13,800 13,800 13,800 Pride International, Inc. COM 74153Q102 $746 SH 40,000 40,000 40,000 PepsiCo, Inc. COM 713448108 $37 SH 800 800 800 0 P.F. Chang's China Bistro, Inc. COM 69333Y108 $407 SH 8,000 8,000 8,000 Pfizer Inc. COM 717081103 $44,837 SH 1,269,100 1,269,100 36,500 1,232,600 Priority Healthcare Corporation CL B 74264T102 $5,413 SH 224,500 224,500 4,500 220,000 Pier 1 Imports, Inc. COM 720279108 $3,867 SH 176,900 176,900 47,100 129,800 Protective Life Corporation COM 743674103 $52,450 SH 1,549,940 1,549,940 30,040 1,519,900 Plantronics, Inc. COM 727493108 $7,039 SH 215,600 215,600 3,300 212,300 Pemstar, Inc. COM 706552106 $1,326 SH 403,000 403,000 8,000 395,000 Pentair, Inc. COM 709631105 $23,444 SH 513,000 513,000 513,000 Panera Bread Company CL A 69840W108 $1,285 SH 32,500 32,500 32,500 PartnerRe Ltd. COM G6852T105 $5,329 SH 91,800 91,800 21,800 70,000 Province Healthcare Company COM 743977100 $852 SH 53,250 53,250 10,750 42,500 Pericom Semiconductor CorporatioCOM 713831105 $5,857 SH 158,000 158,000 158,000 Renal Care Group, Inc. COM 759930100 $77,997 SH 1,893,140 1,893,140 37,790 1,855,350 Everest Re Group, Ltd. COM G3223R108 $4,568 SH 54,000 54,000 54,000 Respironics, Inc. COM 761230101 $0 SH 146,600 146,600 1,600 145,000 ARAMARK Corporation CL B 038521100 $12,380 SH 451,500 451,500 45,500 406,000 Radio One, Inc. CL A 75040P108 $1,984 SH 101,500 101,500 1,500 100,000 Rayovac Corporation COM 755081106 $1,332 SH 63,600 63,600 63,600 RPM International, Inc. COM 749685103 $878 SH 53,312 53,312 17,312 36,000 IMS Health Incorporated COM 449934108 $20,281 SH 402,400 402,400 52,400 350,000 SAFECO Corporation COM 786429100 $4,049 SH 104,000 104,000 104,000 Salem Communications CorporationCL A 794093104 $1,668 SH 61,500 61,500 61,500 Asia Satellite TelecommunicationSPONSORED ADR 04516X106 $2,387 SH 126,300 126,300 5,600 120,700 Starbucks Corporation COM 855244109 $2,149 SH 65,000 65,000 65,000 SunGard(R) Data Systems Inc. COM 867363103 $9,500 SH 225,000 225,000 225,000 Schering-Plough Corporation COM 806605101 $32,398 SH 1,863,000 1,863,000 13,000 1,850,000 Stone Energy Corporation COM 861642106 $1,723 SH 40,600 40,600 600 40,000 Shuffle Master, Inc. COM 825549108 $1,212 SH 35,000 35,000 35,000 Shire Pharmaceuticals Group PLC SPONSORED ADR 82481R106 $13,245 SH 455,943 455,943 51,817 404,126 The J. M. Smucker Company COM 832696306 $1,774 SH 39,176 39,176 39,176 Standard Motor SB DB CV 6.75%09 853666AB1 $367,500 PRN 4,000,000 4,000,000 4,000,000 Sola International Inc. COM 834092108 $1,354 SH 72,000 72,000 72,000 SPDR Trust Series 1 UNIT SER 1 78462F103 $223 SH 2,000 2,000 2,000 STAAR Surgical Company COM PAR $0.01 852312305 $225 SH 20,000 20,000 20,000 Constellation Brands, Inc.- ClasCL A 21036P108 $41,472 SH 1,259,400 1,259,400 6,400 1,253,000 SureBeam Corporation CL A 86866R102 $4 SH 14,892 14,892 2,797 12,095 ServiceMaster Company (The) COM 81760N109 $1,757 SH 150,780 150,780 98,780 52,000 SUPERVALU INC. COM 868536103 $858 SH 30,000 30,000 2,000 28,000 Sypris Solutions, Inc. COM 871655106 $2,490 SH 148,100 148,100 8,100 140,000 Travelers Property Casualty CorpCL A 89420G109 $1,066 SH 63,500 63,500 53,300 10,200 Taro Pharmaceutical Industries, ORD M8737E108 $1,129 SH 17,500 17,500 17,500 Tech Data Corporation COM 878237106 $3,794 SH 95,600 95,600 600 95,000 Techne Corporation COM 878377100 $567 SH 15,000 15,000 15,000 TESSCO Technologies IncorporatedCOM 872386107 $3,189 SH 225,200 225,200 2,000 223,200 Teleflex Incorporated COM 879369106 $2,793 SH 57,800 57,800 25,300 32,500 Target Corporation COM 87612E106 $6,551 SH 170,600 170,600 25,600 145,000 Tenet Healthcare Corporation COM 88033G100 $17,655 SH 1,100,000 1,100,000 1,100,000 Thoratec Corporation COM NEW 885175307 $781 SH 60,000 60,000 60,000 TJX Companies, Inc. COM 872540109 $49,613 SH 2,250,000 2,250,000 2,250,000 Tellabs, Inc. COM 879664100 $5,336 SH 633,000 633,000 8,000 625,000 Too, Inc. COM 890333107 $338 SH 20,000 20,000 20,000 Titan Corporation (The) COM 888266103 $137 SH 6,300 6,300 6,300 United Auto Group, Inc. COM 909440109 $626 SH 20,000 20,000 20,000 UnitedGlobalCom, Inc. CL A 913247508 $67 SH 7,900 7,900 7,900 Universal Health Services, Inc. CL B 913903100 $63,207 SH 1,176,600 1,176,600 29,400 1,147,200 Universal Health Realty Income TSH BEN INT 91359E105 $1,427 SH 47,400 47,400 7,400 40,000 U.S. Bancorp COM NEW 902973304 $298 SH 10,000 10,000 10,000 Valspar Corporation (The) COM 920355104 $141 SH 2,850 2,850 2,850 0 Vishay Intertechnology, Inc. COM 928298108 $7,424 SH 324,200 324,200 6,700 317,500 ValueVision Media, Inc. CL A 92047K107 $78 SH 4,700 4,700 1,000 3,700 Verizon Communications Inc. COM 92343V104 $1,663 SH 47,400 47,400 29,700 17,700 Walgreen Co. COM 931422109 $33,426 SH 918,810 918,810 18,810 900,000 Waddell & Reed Financial, Inc. CL A 930059100 $2,924 SH 124,640 124,640 54,640 70,000 Wendy's International, Inc. COM 950590109 $4,709 SH 120,000 120,000 120,000 Wells Fargo & Company COM 949746101 $106 SH 1,800 1,800 1,800 0 WellPoint Health Networks, Inc. COM 94973H108 $63,044 SH 650,000 650,000 650,000 Washington Mutual, Inc. COM 939322103 $59,249 SH 1,476,800 1,476,800 14,800 1,462,000 Wright Medical Group, Inc. COM 98235T107 $1,218 SH 40,000 40,000 40,000 Willis Group Holdings Limited SHS G96655108 $13,710 SH 402,400 402,400 35,200 367,200 Wyeth COM 983024100 $34,911 SH 822,400 822,400 16,400 806,000 XL Capital Ltd. CL A G98255105 $388 SH 5,000 5,000 5,000 DENTSPLY International Inc. COM 249030107 $29,595 SH 655,200 655,200 20,200 635,000 XTO Energy Inc. COM 98385X106 $4,064 SH 143,600 143,600 3,600 140,000 Yankee Candle Company, Inc. (TheCOM 984757104 $1,484 SH 54,300 54,300 3,200 51,100 Yum! Brands, Inc. COM 895953107 $26,488 SH 770,000 770,000 770,000 Zebra Technologies Corporation CL A 989207105 $6,471 SH 97,500 97,500 97,500 ---------- $3,462,367 ==========
Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 242 Form 13F Information Table Value Total (thousands): $3,462,367 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. -----END PRIVACY-ENHANCED MESSAGE-----