13F-HR 1 d13fhr.txt HEARTLAND ADVISORS, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2005 Check here if Amendment [ ]; Amendment Number: -------------- This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Heartland Advisors, Inc. Address: 789 N. Water St. Suite 500 Milwaukee, WI 53202 Form 13F File Number: 28-3516 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: Paul T. Beste Title: Chief Operating Officer Phone: 414-347-7777 Signature, Place and Date of Signing: /s/ Paul T. Beste ------------------ Milwaukee, Wisconsin August 12, 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 SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 323 Form 13F Information Table Value Total: $2122181 (thousands) List of Other Included Managers: 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 FORM 13F INFORMATION TABLE

VOTING VALUE SHARES SH/ PUT/ INVSTMT OTHER AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X $1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE AAR CORP COM 000361105 7855 500000 SH SOLE 500000 0 0 AP PHARMA INC COM 00202J104 2406 1444451 SH SOLE 1431851 0 12600 ACCESS PHARMACEUTICALS INC COM NEW 00431M209 3119 1686100 SH SOLE 1599100 0 87000 ACTIVE POWER INC COM 00504W100 1300 400000 SH SOLE 400000 0 0 ACTUATE CORP COM 00508B102 4675 2500000 SH SOLE 2500000 0 0 ADTRAN INC COM 00738A106 346 13950 SH SOLE 13950 0 0 AGRIUM INC COM 008916108 9782 500030 SH SOLE 497530 0 2500 AIR METHODS CORP COM PAR $.06 009128307 3514 440300 SH SOLE 440300 0 0 AIRNET SYS INC COM 009417106 5896 1400400 SH SOLE 1310400 0 90000 ALCOA INC COM 013817101 1150 44001 SH SOLE 44001 0 0 ALERIS INTL INC COM 014477103 6765 300000 SH SOLE 300000 0 0 ALLEGHENY ENERGY INC COM 017361106 4693 186100 SH SOLE 186100 0 0 ALLIANCE ATLANTIS COMMUNICAT CL B NON-VTG 01853E204 32409 1377700 SH SOLE 1312400 0 65300 ALLIED DEFENSE GROUP INC COM 019118108 6199 269300 SH SOLE 269300 0 0 ALLSTATE CORP COM 020002101 4507 75432 SH SOLE 75332 0 100 ALMOST FAMILY INC COM 020409108 3367 245600 SH SOLE 245600 0 0 AMERUS GROUP CO COM 03072M108 12013 250000 SH SOLE 250000 0 0 AMERCO COM 023586100 5355 100000 SH SOLE 100000 0 0 AMERICAN PHYSICIANS SVC GROU COM 028882108 2152 185649 SH SOLE 185649 0 0 AMERISERV FINL INC COM 03074A102 2537 474200 SH SOLE 470300 0 3900 ANADARKO PETE CORP COM 032511107 4754 57870 SH SOLE 57870 0 0 ANALOGIC CORP COM PAR $0.05 032657207 26707 530750 SH SOLE 504500 0 26250 ANALYSTS INTL CORP COM 032681108 5472 1600000 SH SOLE 1600000 0 0 ANDREW CORP COM 034425108 1821 142715 SH SOLE 142715 0 0 ANDRX CORP DEL ANDRX GROUP 034553107 8173 402400 SH SOLE 401900 0 500 ANSWERTHINK INC COM 036916104 355 100000 SH SOLE 100000 0 0 APHTON CORP COM 03759P101 3229 4363725 SH SOLE 3923725 0 440000 APOGEE ENTERPRISES INC COM 037598109 7934 516200 SH SOLE 511200 0 5000 APPLIED MATLS INC COM 038222105 2281 140950 SH SOLE 140950 0 0 ARIBA INC COM NEW 04033V203 5800 1000000 SH SOLE 1000000 0 0 ASHWORTH INC COM 04516H101 5482 608431 SH SOLE 608431 0 0 ASSOCIATED BANC CORP COM 045487105 15208 451816 SH SOLE 451816 0 0 ASSURED GUARANTY LTD COM G0585R106 13453 575900 SH SOLE 551800 0 24100 AVNET INC COM 053807103 4010 178000 SH SOLE 178000 0 0 B & G FOODS INC NEW UNIT 99/99/9999 05508R205 3294 225000 SH SOLE 225000 0 0 BADGER METER INC COM 056525108 22079 534600 SH SOLE 508700 0 25900 BARNES GROUP INC COM 067806109 9930 300000 SH SOLE 300000 0 0 BARRETT BUSINESS SERVICES IN COM 068463108 13739 913504 SH SOLE 877072 0 36432 BIOSCRIP INC COM 09069N108 12276 2046032 SH SOLE 1917608 0 128424 BIOVAIL CORP COM 09067J109 18612 1202735 SH SOLE 1143235 0 59500 BOMBAY CO INC COM 097924104 1140 200000 SH SOLE 200000 0 0 BORG WARNER INC COM 099724106 3286 61225 SH SOLE 61225 0 0 BORLAND SOFTWARE CORP COM 099849101 26628 3881600 SH SOLE 3798200 0 83400

BROADWING CORP COM 11161E101 3427 741800 SH SOLE 636800 0 105000 BUCA INC COM 117769109 11709 2243100 SH SOLE 2075350 0 167750 CNS INC COM 126136100 3176 139000 SH SOLE 139000 0 0 CP SHIPS LTD COM 22409V102 7858 500000 SH SOLE 500000 0 0 CALGON CARBON CORP COM 129603106 3576 404100 SH SOLE 404100 0 0 CALLON PETE CO DEL COM 13123X102 5724 387300 SH SOLE 385800 0 1500 CAPITAL LEASE FDG INC COM 140288101 4340 400000 SH SOLE 400000 0 0 CASUAL MALE RETAIL GRP INC COM 148711104 7310 1000000 SH SOLE 1000000 0 0 CENTRAL PKG CORP COM 154785109 6914 502800 SH SOLE 502800 0 0 CHAMPS ENTMT INC DEL COM 158787101 3986 531500 SH SOLE 531500 0 0 CHARLOTTE RUSSE HLDG INC COM 161048103 2067 165895 SH SOLE 165895 0 0 CHECKPOINT SYS INC COM 162825103 2694 152200 SH SOLE 151900 0 300 CHIQUITA BRANDS INTL INC COM 170032809 5042 183600 SH SOLE 183400 0 200 CHITTENDEN CORP COM 170228100 3400 125000 SH SOLE 125000 0 0 CLARK INC COM 181457102 4310 300800 SH SOLE 300800 0 0 WILLIAMS CLAYTON ENERGY INC COM 969490101 28545 951820 SH SOLE 903420 0 48400 COMFORT SYS USA INC COM 199908104 5299 805300 SH SOLE 801800 0 3500 COMPEX TECHNOLOGIES INC COM 204513105 5635 1367700 SH SOLE 1307700 0 60000 COMPUDYNE CORP COM PAR $0.75 204795306 532 76000 SH SOLE 76000 0 0 CONOCOPHILLIPS COM 20825C104 5428 94414 SH SOLE 94214 0 200 CONTINENTAL AIRLS INC CL B 210795308 3320 250000 SH SOLE 250000 0 0 COOPER TIRE & RUBR CO COM 216831107 465 25050 SH SOLE 25050 0 0 COVENANT TRANS INC CL A 22284P105 6824 517000 SH SOLE 517000 0 0 CRITICARE SYS INC COM 226901106 2613 509400 SH SOLE 509400 0 0 CROSS CTRY HEALTHCARE INC COM 227483104 9648 567500 SH SOLE 566400 0 1100 CURON MED INC COM 231292103 1276 1877154 SH SOLE 1877154 0 0 D&K HEALTHCARE RES INC COM 232861104 5072 600182 SH SOLE 600182 0 0 DANA CORP COM 235811106 4521 301227 SH SOLE 301227 0 0 DANKA BUSINESS SYS PLC SPONSORED ADR 236277109 31 20600 SH SOLE 20600 0 0 DARDEN RESTAURANTS INC COM 237194105 5474 165970 SH SOLE 165970 0 0 DE RIGO S P A SPONSORED ADR 245334107 3067 437500 SH SOLE 437500 0 0 DEAN FOODS CO NEW COM 242370104 3836 108854 SH SOLE 108854 0 0 DIGITAS INC COM 25388K104 2937 257385 SH SOLE 255285 0 2100 DISCOVERY LABORATORIES INC N COM 254668106 29542 4052400 SH SOLE 3924400 0 128000 DISCOVERY PARTNERS INTL INC COM 254675101 10860 3797146 SH SOLE 3570946 0 226200 DOLLAR THRIFTY AUTOMOTIVE GP COM 256743105 8713 229400 SH SOLE 229400 0 0 DOLLAR TREE STORES INC COM 256747106 3509 146200 SH SOLE 146200 0 0 DUCKWALL-ALCO STORES INC NEW COM 264142100 8592 400000 SH SOLE 400000 0 0 DUCOMMIN INC DEL COM 264147109 3565 210800 SH SOLE 210800 0 0 DYNEGY INC NEW CL A 26816Q101 41999 8641700 SH SOLE 8372600 0 269100 EMS TECHNOLOGIES INC COM 26873N108 6248 417904 SH SOLE 404204 0 13700 EPIQ SYS INC COM 26882D109 4965 303500 SH SOLE 303500 0 0 ELKCORP COM 287456107 2293 80300 SH SOLE 80300 0 0 EMAK WORLDWIDE INC COM 26861V104 2701 250361 SH SOLE 250361 0 0 EQUITY INNS INC COM 294703103 4328 325400 SH SOLE 263700 0 61700 EXCELLIGENCE LEARNING CORP COM 300684107 1842 243000 SH SOLE 243000 0 0 EXPONENT INC COM 30214U102 13636 477100 SH SOLE 447800 0 29300 FTI CONSULTING INC COM 302941109 9328 446300 SH SOLE 446300 0 0 FACTORY CARD OUTLET & PARTY COM 303051106 546 61050 SH SOLE 61050 0 0 FEDERAL SIGNAL CORP COM 313855108 20255 1298400 SH SOLE 1254400 0 44000 FIRST CONSULTING GROUP INC COM 31986R103 6595 1285900 SH SOLE 1250900 0 35000 FLEXIBLE SOLUTIONS INTL INC COM 33938T104 478 100000 SH SOLE 100000 0 0 FLEXSTEEL INDS INC COM 339382103 805 57200 SH SOLE 27700 0 29500 FLOW INTL CORP COM 343468104 403 63100 SH SOLE 63100 0 0 FOREST OIL CORP COM PAR $0.01 346091705 8490 202150 SH SOLE 201775 0 375 FORRESTER RESH INC COM 346563109 7141 400500 SH SOLE 400500 0 0 FRANKLIN BK CORP DEL COM 352451108 1763 94000 SH SOLE 70400 0 23600 FREESCALE SEMICONDUCTOR INC CL A 35687M107 336 16005 SH SOLE 16005 0 0 FUEL-TECH N V COM 359523107 6050 1000000 SH SOLE 1000000 0 0 FUELCELL ENERGY INC COM 35952H106 14733 1443000 SH SOLE 1378000 0 65000 FURNITURE BRANDS INTL INC COM 360921100 3489 161450 SH SOLE 161150 0 300 GTC BIOTHERAPEUTICS INC COM 36238T104 2189 1303122 SH SOLE 1303122 0 0 GENITOPE CORP COM 37229P507 27471 2139463 SH SOLE 2042063 0 97400 GENTEX CORP COM 371901109 330 18121 SH SOLE 18121 0 0 GERDAU AMERISTEEL CORP COM 37373P105 1899 450000 SH SOLE 450000 0 0 GLOBAL INDS LTD COM 379336100 2550 300000 SH SOLE 300000 0 0 GLOBAL-TECH APPLIANCES INC ORD G39320109 5812 1181200 SH SOLE 1181200 0 0 GOREMOTE INTERNET COMMUNICAT COM 382859106 785 500000 SH SOLE 500000 0 0 GOODRICH CORP COM 382388106 4594 112160 SH SOLE 112160 0 0 GOVERNMENT PPTYS TR INC COM 38374W107 6903 710200 SH SOLE 630200 0 80000 GREAT LAKES CHEM CORP COM 390568103 231 7350 SH SOLE 6800 0 550 GULFMARK OFFSHORE INC COM 402629109 3856 141200 SH SOLE 141200 0 0 HCA INC COM 404119109 3973 70100 SH SOLE 70100 0 0 HAMPSHIRE GROUP LTD COM 408859106 9805 500000 SH SOLE 500000 0 0 HARVEST NATURAL RESOURCES IN COM 41754V103 17216 1575100 SH SOLE 1575100 0 0 HEALTHSTREAM INC COM 42222N103 363 93500 SH SOLE 93500 0 0 HECLA MNG CO COM 422704106 299 65500 SH SOLE 65500 0 0 HELMERICH & PAYNE INC COM 423452101 8490 180950 SH SOLE 180950 0 0 SCHEIN HENRY INC COM 806407102 10774 259500 SH SOLE 242000 0 17500 HEWLETT PACKARD CO COM 428236103 4386 186567 SH SOLE 186847 0 100 HILLENBRAND INDS INC COM 431573104 329 6500 SH SOLE 6400 0 100 HOOPER HOLMES INC COM 439104100 9877 2380000 SH SOLE 2380000 0 0 HUMANA INC COM 444859102 5303 133450 SH SOLE 133250 0 200 HUNTINGTON BANCSHARES INC COM 446150104 2956 122450 SH SOLE 122250 0 200 IMAGE SENSING SYS INC COM 45244C104 3063 234000 SH SOLE 234000 0 0 IMATION CORP COM 45245A107 8801 226900 SH SOLE 226900 0 0 INCO LTD COM 453258402 302 8000 SH SOLE 8000 0 0 INDEPENDENT BANK CORP MASS COM 453836108 5311 188257 SH SOLE 188257 0 0 INPUT/OUTPUT INC COM 457652105 20929 3332600 SH SOLE 3150100 0 182500 INSITUFORM TECHNOLOGIES INC CL A 457667103 1603 100000 SH SOLE 100000 0 0 INTERDIGITAL COMMUNICATIONS COM 45866A105 69916 3995200 SH SOLE 3880700 0 114500 INTERNATIONAL BUSINESS MACHS COM 459200101 352 4738 SH SOLE 4580 0 150 INTERSECTIONS INC COM 460981301 18774 1606000 SH SOLE 1525000 0 81000 ISOLAGEN INC COM 46488N103 9780 2385400 SH SOLE 2375400 0 10000 JAKKS PAC INC COM 47012E106 14212 739800 SH SOLE 737800 0 2000 JEFFERSON PILOT CORP COM 475070108 3937 78077 SH SOLE 77977 0 100 SANFILIPPO JOHN B & SON INC COM 800422107 7761 336550 SH SOLE 335350 0 1200 K TRON INTL INC COM 482730108 4852 165595 SH SOLE 135795 0 29800 K2 INC COM 482732104 8924 703800 SH SOLE 703800 0 0 KENDLE INTERNATIONAL INC COM 48880L107 15420 1017800 SH SOLE 1017800 0 0 KERYX BIOPHARMACEUTICALS INC COM 492515101 3569 270400 SH SOLE 269300 0 1100 KINGSWAY FINL SVCS INC COM 496904103 17013 1001800 SH SOLE 1001800 0 0 KINTERA INC COM 49720P506 3325 975000 SH SOLE 975000 0 0 LSI INDS INC COM 50216C108 6739 483400 SH SOLE 437300 0 46100 LABRANCHE & CO INC COM 505447102 3150 500000 SH SOLE 500000 0 0 LANTRONIX INC COM 516548104 7467 5700000 SH SOLE 5700000 0 0 LEAPFROG ENTERPRISES INC CL A 52186N106 3390 300000 SH SOLE 300000 0 0 LEARNING CARE GROUP INC COM 52200L102 1396 297000 SH SOLE 297000 0 0 LESCO INC OHIO COM 526872106 3823 303500 SH SOLE 303500 0 0 LEVITT CORP CL A 52742P108 5984 200000 SH SOLE 200000 0 0 LIFECORE BIOMEDICAL INC COM 532187101 3966 363854 SH SOLE 349754 0 14100 LINDSAY MFG CO COM 535555106 1197 50757 SH SOLE 50757 0 0 LIONBRIDGE TECHNOLOGIES INC COM 536252109 3440 507400 SH SOLE 507400 0 0 LUBRIZOL CORP COM 549271104 8641 205700 SH SOLE 203700 0 2000 MEMC ELECTR MATLS INC COM 552715104 2861 181400 SH SOLE 181400 0 0 MFRI INC COM 552721102 4502 663200 SH SOLE 663200 0 0 MGIC INVT CORP WIS COM 552848103 3912 59975 SH SOLE 59875 0 100 MAIR HOLDINGS INC COM 560635104 5685 643100 SH SOLE 596000 0 47100 MARCUS CORP COM 566330106 2135 100600 SH SOLE 100600 0 0 MARSHALL & ILSLEY CORP COM 571834100 4227 95102 SH SOLE 94502 0 600 MARTEN TRANS LTD COM 573075108 10915 520000 SH SOLE 520000 0 0 MATIX SVC CO COM 576853105 2733 596800 SH SOLE 591800 0 5000 MATRIXX INITIATIVES INC COM 57685L105 1100 100000 SH SOLE 100000 0 0 MCDATA CORP CL A 580031201 21347 5336800 SH SOLE 5054570 0 282230 MEADE INSTRUMENTS CORP COM 583062104 502 180000 SH SOLE 180000 0 0 MEADOWBROOK INS GROUP INC COM 58319P108 5258 1003500 SH SOLE 1003500 0 0 MED-DESIGN CORP COM 583926100 33 57000 SH SOLE 57000 0 0 MEDTOX SCIENTIFIC INC COM NEW 584977201 5102 662600 SH SOLE 630100 0 32500 MEDWAVE INC COM 585081102 3549 1050000 SH SOLE 1050000 0 0 MENTOR GRAPHICS CORP COM 587200106 7503 732000 SH SOLE 729800 0 2200 MERCK & CO INC COM 589331107 783 25434 SH SOLE 25334 0 100 MESA AIR GROUP INC COM 590479101 6915 1030500 SH SOLE 1030500 0 0 MET PRO CORP COM 590876306 4551 300000 SH SOLE 300000 0 0 METASOLV INC COM 59139P104 1175 500000 SH SOLE 500000 0 0 MIDWEST AIR GROUP INC COM 597911106 3829 1602000 SH SOLE 1602000 0 0 MILLER INDS INC TENN COM NEW 600551204 3220 250000 SH SOLE 250000 0 0 MOCON INC COM 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870756103 8152 350000 SH SOLE 350000 0 0 SYNERGX SYSTEMS INC COM 87160C106 643 490000 SH SOLE 490000 0 0 TD BANKNORTH INC COM 87235A101 346 11597 SH SOLE 9797 0 1800 TODCO CL A 88889T107 7701 300000 SH SOLE 300000 0 0 TASTY BAKING CO COM 876553306 881 108100 SH SOLE 108100 0 0 TELETECH HOLDINGS INC COM 879939106 6494 796800 SH SOLE 793800 0 3000 TELEFONOS DE MEXICO S A SPON ADR ORD L 879403780 3824 202460 SH SOLE 202060 0 400 GEO GROUP INC COM 36159R103 12214 487600 SH SOLE 487600 0 0 PEP BOYS MANNY MOE & JACK COM 713278109 8828 652000 SH SOLE 652000 0 0 TIDEWATER INC COM 886423102 13064 342697 SH SOLE 341697 0 1000 TIER TECHNOLOGIES INC CL B 88650Q100 2406 285400 SH SOLE 285400 0 0 TRIUMPH GROUP INC NEW COM 896818101 3375 97100 SH SOLE 96900 0 200 TYLER TECHNOLOGIES INC COM 902252105 756 100000 SH SOLE 100000 0 0 TYSON FOODS INC CL A 902494103 3509 197140 SH SOLE 197140 0 0 URS CORP NEW COM 903236107 22051 590400 SH SOLE 582500 0 7900 US XPRESS ENTERPRISES INC CL A 90338N103 1191 100000 SH SOLE 100000 0 0 UNION PAC CORP COM 907818108 5065 78166 SH SOLE 77966 0 200 UNITED AUTO GROUP INC COM 909440109 3565 119625 SH SOLE 119625 0 0 UNUMPROVIDENT CORP COM 91529Y106 14849 810557 SH SOLE 810257 0 300 URSTADT BIDDLE PPTYS INS COM 917286205 369 21300 SH SOLE 17300 0 4000 VESTA INS GROUP INC COM 925391104 6411 2465700 SH SOLE 2382900 0 82800 VINTAGE PETE INC COM 927460105 553 18150 SH SOLE 16250 0 1900 VIVUS INC COM 928551100 1403 380800 SH SOLE 380800 0 0 VOLT INFORMATION SCIENCES IN COM 928703107 4148 174800 SH SOLE 174800 0 0 W-H ENERGY SVCS INC COM 92925E108 2762 110800 SH SOLE 110800 0 0 WCI CMNTYS INC COM 92923C104 843 26330 SH SOLE 26300 0 0 WAL MART STORES INC COM 931142103 481 9975 SH SOLE 9975 0 0 WASHINGTON GROUP INTL INC COM NEW 938862208 4131 80815 SH SOLE 80815 0 0 WASHINGTON MUT INC COM 939322103 2822 69350 SH SOLE 69350 0 0 WATCHGUARD TECHNOLOGIES INC COM 941105108 11808 3012200 SH SOLE 2796700 0 215500 WATERS INSTRS INC COM 941850109 1792 228000 SH SOLE 228000 0 0 WAUSAU PAPER CORP COM 943315101 6589 550000 SH SOLE 550000 0 0 WESTERN SILVER CORP COM 959531104 8718 1006400 SH SOLE 1006400 0 0 WHITING PETE CORP NEW COM 966387102 7385 203400 SH SOLE 203400 0 0 WINSTON HOTELS INC COM 97563A102 168 14900 SH SOLE 13500 0 1400 WISCONSIN ENERGY CORP COM 976657106 3554 91130 SH SOLE 909300 0 200 ZINDART LTD SPONSORED ADR 989597109 4565 1025800 SH SOLE 959600 0 66200 ZOMAX INC MINN COM 989929104 2141 770000 SH SOLE 770000 0 0 ESPEED INC CL A 296643109 2673 300000 SH SOLE 300000 0 0 TOTAL 2122181 TOTAL ENTRIES 323