13F-HR/A 1 t305092.txt UNITED 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, 2008 Check here if Amendment [X]; Amendment Number: This Amendment (Check only one.): [X] is a restatement. [ ] adds new holding's entries Institutional Investment Manager Filing this Report: "Name: NWQ INVESTMENT MANAGEMENT CO, LLC" Address: 2049 Century Park East 16th Floor "Los Angeles, CA 90067" 13F File Number: 028-01474 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: Jon D. Bosse Title: Chief Investment Officer Phone: 310-712-4000 Signature, Place, and Date of Signing: Jon D. Bosse, Los Angeles, CA 2/17/2009 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: Nuveen Investments, Inc. 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: 1 Form 13F Information Table Entry Total: 140 Form 13F Information Table Value Total: $15,237,576,764 List of Other Included Managers: No. 13F File Number Name 1 - 028-11405 -- Nuveen Investments, Inc.

TITLE OF SH/ NAME OF ISSUER CLASS CUSIP NO 13FValue Shares PRN INVT OTHER SOLE SHARED NONE ACERGY SA-SPON ADR ADR 00443E104 34,256,407 5,926,714 SH DEFINED 1 5,368,275 0 558,439 ACTEL CORP COM 004934105 8,864,621 756,367 SH DEFINED 1 617,817 0 138,550 ACUITY BRANDS INC COM 00508Y102 22,063,958 632,024 SH DEFINED 1 572,224 0 59,800 AETNA INC COM 00817Y108 162,143,654 5,689,251 SH DEFINED 1 4,977,186 0 712,065 AGILENT TECHNOLOGIES INC COM 00846U101 244,286,772 15,629,352 SH DEFINED 1 13,619,738 0 2,009,614 AGRIUM INC COM 008916108 14,372,604 420,708 SH DEFINED 1 409,808 0 10,900 ALBANY INTL CORP-CL A COM 012348108 9,575,176 739,730 SH DEFINED 1 608,230 0 131,500 ALTRIA GROUP INC COM 02209S103 119,993,522 7,900,203 SH DEFINED 1 7,084,297 0 815,906 AMGEN INC COM 031162100 455,322,252 7,884,368 SH DEFINED 1 6,955,277 0 929,091 ANGLOGOLD ASHANTI-SPON ADR ADR 035128206 552,563,443 19,940,940 SH DEFINED 1 17,640,838 0 2,300,102 AON CORP COM 037389103 448,485,692 9,817,988 SH DEFINED 1 8,706,554 0 1,111,434 APACHE CORP COM 037411105 602,484,645 8,083,787 SH DEFINED 1 7,182,930 0 900,857 APPROACH RESOURCES INC COM 03834A103 11,289,469 1,544,387 SH DEFINED 1 1,264,735 0 279,652 ARCH COAL INC COM 039380100 1,331,984 81,767 SH DEFINED 1 81,767 0 0 ARROW ELECTRONICS INC COM 042735100 22,603,761 1,199,775 SH DEFINED 1 1,167,375 0 32,400 ASPEN INSURANCE HOLDINGS LTD COM G05384105 23,987,276 989,166 SH DEFINED 1 820,566 0 168,600 ASSURANT INC COM 04621X108 20,675,160 689,172 SH DEFINED 1 572,922 0 116,250 AT&T INC COM 00206R102 248,506,092 8,719,512 SH DEFINED 1 7,592,520 0 1,126,992 AVNET INC COM 053807103 22,197,935 1,218,997 SH DEFINED 1 1,186,597 0 32,400 AVOCENT CORPORATION COM 053893103 8,502,808 474,752 SH DEFINED 1 388,352 0 86,400 AVON PRODUCTS INC COM 054303102 6,151,680 256,000 SH DEFINED 1 256,000 0 0 BARRICK GOLD CORP COM 067901108 634,226,425 17,248,475 SH DEFINED 1 14,872,789 0 2,375,686 BELDEN INC COM 077454106 15,232,629 728,029 SH DEFINED 1 610,029 0 118,000 BILL BARRETT CORP COM 06846N104 18,438,101 872,603 SH DEFINED 1 772,153 0 100,450 BJ SERVICES CO COM 055482103 28,491,668 2,434,481 SH DEFINED 1 2,363,881 0 70,600 BOB EVANS FARMS COM 096761101 13,259,152 649,004 SH DEFINED 1 539,508 0 109,496 BROCADE COMMUNICATIONS SYS COM 111621306 23,020,522 8,134,460 SH DEFINED 1 7,374,160 0 760,300 BUCKEYE TECHNOLOGIES INC COM 118255108 5,792,434 1,591,328 SH DEFINED 1 1,319,678 0 271,650 CA INC COM 12673P105 792,756,705 42,782,337 SH DEFINED 1 38,162,494 0 4,619,843 CANADIAN NATURAL RESOURCES COM 136385101 924,399 23,100 SH DEFINED 1 23,100 0 0 CASEYS GENERAL STORES INC COM 147528103 7,604,520 333,971 SH DEFINED 1 309,971 0 24,000 CATERPILLAR INC COM 149123101 4,810,959 107,700 SH DEFINED 1 107,700 0 0 CBS CORP-CLASS B NON VOTING COM 124857202 129,353,548 15,547,271 SH DEFINED 1 13,652,049 0 1,895,222 CENTURY ALUMINUM COMPANY COM 156431108 14,395,290 1,439,529 SH DEFINED 1 1,297,029 0 142,500 CF INDUSTRIES HOLDINGS INC COM 125269100 30,618,716 622,838 SH DEFINED 1 584,538 0 38,300 CHEVRON CORP COM 166764100 5,392,117 72,896 SH DEFINED 1 72,896 0 0 COHERENT INC COM 192479103 14,926,975 695,572 SH DEFINED 1 676,772 0 18,800 COMCAST CORP-CL A COM 20030N101 619,496 36,700 SH DEFINED 1 36,700 0 0 COMCAST CORP-SPECIAL CL A COM 20030N200 236,713,489 14,657,182 SH DEFINED 1 12,896,007 0 1,761,175 CONOCOPHILLIPS COM 20825C104 116,813,351 2,255,084 SH DEFINED 1 1,964,545 0 290,539 CONTINENTAL RESOURCES COM 212015101 13,798,369 666,266 SH DEFINED 1 648,466 0 17,800 DENBURY RESOURCES INC COM 247916208 33,219,317 3,042,062 SH DEFINED 1 2,796,062 0 246,000 DOMTAR CORP COM 257559104 12,412,811 7,432,821 SH DEFINED 1 6,759,621 0 673,200 ELIZABETH ARDEN INC COM 28660G106 36,679,274 2,908,745 SH DEFINED 1 2,639,846 0 268,899 ENERGIAS DE PORTUGAL-SP ADR ADR 268353109 4,776,380 127,500 SH DEFINED 1 127,500 0 0 ENI SPA-SPONSORED ADR ADR 26874R108 8,129,400 170,000 SH DEFINED 1 170,000 0 0 EOG RESOURCES INC COM 26875P101 179,750,886 2,699,773 SH DEFINED 1 2,387,463 0 312,310 EXXON MOBIL CORP COM 30231G102 1,435,184 17,978 SH DEFINED 1 17,978 0 0 FERRO CORP COM 315405100 3,668,073 520,294 SH DEFINED 1 414,194 0 106,100 FRIEDMAN BILLINGS RAMSEY-A COM 358434108 1,672,396 9,837,624 SH DEFINED 1 9,523,329 0 314,295 GANNETT CO COM 364730101 1,995,000 237,500 SH DEFINED 1 237,500 0 0 GARDNER DENVER INC COM 365558105 7,268,730 311,428 SH DEFINED 1 304,078 0 7,350 GENERAL CABLE CORP COM 369300108 19,044,205 1,076,552 SH DEFINED 1 980,452 0 96,100 GENERAL ELECTRIC CO COM 369604103 4,445,214 269,240 SH DEFINED 1 269,240 0 0 GENWORTH FINANCIAL INC-CL A COM 37247D106 94,540,720 33,406,615 SH DEFINED 1 29,634,234 0 3,772,381 GIBRALTAR INDUSTRIES INC COM 374689107 29,219,678 2,439,209 SH DEFINED 1 2,201,959 0 237,250 GLAXOSMITHKLINE PLC-SPON ADR ADR 37733W105 7,707,535 204,000 SH DEFINED 1 204,000 0 0 GOLFSMITH INTERNATIONAL HOLD COM 38168Y103 1,109,538 1,585,054 SH DEFINED 1 1,358,490 0 226,564 GRIFFON CORPORATION COM 398433102 45,469,149 4,873,435 SH DEFINED 1 4,440,564 0 432,871 HALLIBURTON CO COM 406216101 135,124,377 7,432,584 SH DEFINED 1 6,452,185 0 980,399 HANOVER INSURANCE GROUP INC/ COM 410867105 26,965,265 627,537 SH DEFINED 1 610,537 0 17,000 HARTFORD FINANCIAL SVCS GRP COM 416515104 206,840,443 12,466,633 SH DEFINED 1 11,104,873 0 1,361,760 HESS CORP COM 42809H107 243,097,516 4,527,902 SH DEFINED 1 4,002,924 0 524,978 HOOKER FURNITURE CORP COM 439038100 10,648,549 1,390,150 SH DEFINED 1 1,158,363 0 231,787 ILLINOIS TOOL WORKS COM 452308109 199,916,178 5,680,269 SH DEFINED 1 5,015,002 0 665,267 INGERSOLL-RAND CO LTD-CL A COM G4776G101 172,979,691 9,970,011 SH DEFINED 1 8,721,763 0 1,248,248 INTERPUBLIC GROUP OF COS INC COM 460690100 21,331,324 5,386,698 SH DEFINED 1 5,233,898 0 152,800 ISHARES MSCI EAFE INDEX FUND ETF 464287465 10,273,523 229,013 SH DEFINED 1 220,112 0 8,901 ISHARES RUSSELL 1000 VALUE ETF 464287598 86,920,921 1,755,269 SH DEFINED 1 1,667,242 0 88,027 ISHARES RUSSELL 2000 VALUE ETF 464287630 3,910,195 79,524 SH DEFINED 1 79,524 0 0 JPMORGAN CHASE & CO COM 46625H100 435,754,217 13,820,305 SH DEFINED 1 12,090,107 0 1,730,198 KADANT INC COM 48282T104 5,022,742 372,607 SH DEFINED 1 309,857 0 62,750 KEITHLEY INSTRUMENTS INC COM 487584104 6,780,897 1,857,780 SH DEFINED 1 1,497,015 0 360,765 KENNAMETAL INC COM 489170100 27,313,604 1,230,897 SH DEFINED 1 1,112,497 0 118,400 KIMBERLY-CLARK CORP COM 494368103 357,001,965 6,769,093 SH DEFINED 1 5,758,697 0 1,010,396 KRAFT FOODS INC-CLASS A COM 50075N104 169,312,958 6,305,883 SH DEFINED 1 5,364,162 0 941,721 LINCOLN ELECTRIC HOLDINGS COM 533900106 24,406,556 477,282 SH DEFINED 1 433,832 0 43,450 LOCKHEED MARTIN CORP COM 539830109 394,396,410 4,690,728 SH DEFINED 1 4,119,756 0 570,972 LOEWS CORP COM 540424108 317,763,599 11,248,269 SH DEFINED 1 9,870,577 0 1,377,692 LORILLARD INC COM 544147101 220,367,382 3,910,690 SH DEFINED 1 3,506,397 0 404,293 MARTEN TRANSPORT LTD COM 573075108 17,285,851 911,701 SH DEFINED 1 757,976 0 153,725 MATTSON TECHNOLOGY INC COM 577223100 9,998,382 7,091,051 SH DEFINED 1 6,597,814 0 493,237 MERCK & CO. INC. COM 589331107 139,912,529 4,596,322 SH DEFINED 1 4,124,141 0 472,181 METLIFE INC COM 59156R108 340,382,661 9,764,276 SH DEFINED 1 8,497,601 0 1,266,675 MICROSOFT CORP COM 594918104 435,797,425 22,417,563 SH DEFINED 1 19,596,541 0 2,821,022 MIDCAP SPDR TRUST SERIES 1 ETF 595635103 5,459,323 56,189 SH DEFINED 1 56,189 0 0 MOSAIC CO/THE COM 61945A107 51,969,200 1,502,000 SH DEFINED 1 1,130,219 0 371,781 MOTOROLA INC COM 620076109 336,321,462 75,472,113 SH DEFINED 1 67,296,934 0 8,175,179 NEWMONT MINING CORP COM 651639106 19,446,460 477,800 SH DEFINED 1 477,800 0 0 NOBLE ENERGY INC COM 655044105 606,297,079 12,318,104 SH DEFINED 1 10,917,575 0 1,400,529 NORTHROP GRUMMAN CORP COM 666807102 2,053,824 45,600 SH DEFINED 1 45,600 0 0 NRG ENERGY INC COM 629377508 272,190,153 11,666,959 SH DEFINED 1 10,362,981 0 1,303,978 PACKAGING CORP OF AMERICA COM 695156109 46,857,288 3,425,857 SH DEFINED 1 3,281,157 0 144,700 PEABODY ENERGY CORP COM 704549104 493,470 21,691 SH DEFINED 1 21,691 0 0 PEOPLES UNITED FINANCIAL COM 712704105 25,120,776 1,408,905 SH DEFINED 1 1,371,505 0 37,400 PETROQUEST ENERGY INC COM 716748108 13,954,519 2,064,278 SH DEFINED 1 1,910,078 0 154,200 PFIZER INC COM 717081103 20,374,647 1,150,460 SH DEFINED 1 1,145,960 0 4,500 PHILIP MORRIS INTERNATIONAL COM 718172109 344,145,391 7,909,570 SH DEFINED 1 7,015,761 0 893,809 PITNEY BOWES INC COM 724479100 568,436,123 22,309,110 SH DEFINED 1 19,936,658 0 2,372,452 PMA CAPITAL CORPORATION-CL A COM 693419202 16,870,366 2,382,820 SH DEFINED 1 2,106,420 0 276,400 POSCO-ADR ADR 693483109 4,063,500 54,000 SH DEFINED 1 54,000 0 0 PROGRESS ENERGY INC-CVO COM 743263AA3 35,015 93,401 SH DEFINED 1 70,501 0 22,900 RANGE RESOURCES CORP COM 75281A109 710,050 20,647 SH DEFINED 1 20,647 0 0 RAYTHEON COMPANY COM 755111507 465,952,779 9,105,495 SH DEFINED 1 8,211,393 0 894,102 RBC BEARINGS INC COM 75524B104 5,596,956 275,984 SH DEFINED 1 231,684 0 44,300 REINSURANCE GROUP OF AMERICA COM 759351604 97,613,071 2,279,614 SH DEFINED 1 2,152,910 0 126,704 RELIANCE STEEL & ALUMINUM COM 759509102 8,126,986 406,318 SH DEFINED 1 393,918 0 12,400 RELIANT ENERGY INC COM 75952B105 9,645,236 1,668,726 SH DEFINED 1 1,630,326 0 38,400 ROCKWOOD HOLDINGS INC COM 774415103 7,450,942 689,902 SH DEFINED 1 670,702 0 19,200 SANOFI-AVENTIS-ADR ADR 80105N105 350,835,595 10,909,067 SH DEFINED 1 9,425,149 0 1,483,918 SAUER-DANFOSS INC COM 804137107 23,408,092 2,632,898 SH DEFINED 1 2,378,998 0 253,900 SEPRACOR INC COM 817315104 68,389,073 6,228,513 SH DEFINED 1 5,850,613 0 377,900 SKILLED HEALTHCARE GROU-CL A COM 83066R107 3,243,998 384,360 SH DEFINED 1 334,913 0 49,447 SMITHFIELD FOODS INC COM 832248108 42,783,564 3,040,765 SH DEFINED 1 2,834,057 0 206,708 SOUTHWESTERN ENERGY CO COM 845467109 570,709 19,700 SH DEFINED 1 19,700 0 0 SPDR TRUST SERIES 1 ETF 78462F103 12,739,591 140,100 SH DEFINED 1 140,100 0 0 ST MARY LAND & EXPLORATION CO COM 792228108 16,271,600 801,162 SH DEFINED 1 779,862 0 21,300 STANCORP FINANCIAL GROUP COM 852891100 35,915,308 859,835 SH DEFINED 1 775,435 0 84,400 STANDARD MICROSYSTEMS CORP COM 853626109 15,753,231 964,090 SH DEFINED 1 801,560 0 162,530 STORA ENSO OYJ-SPONS ADR ADR 86210M106 2,817,562 367,200 SH DEFINED 1 367,200 0 0 SUNCOR ENERGY INC COM 867229106 255,450 13,100 SH DEFINED 1 13,100 0 0 TALISMAN ENERGY INC COM 87425E103 178,642,509 17,882,133 SH DEFINED 1 15,453,659 0 2,428,474 TEMPLE-INLAND INC COM 879868107 18,640,958 3,883,533 SH DEFINED 1 3,511,833 0 371,700 TEXAS INSTRUMENTS INC COM 882508104 214,533 13,823 SH DEFINED 1 8,150 0 5,673 TIMKEN CO COM 887389104 46,661,531 2,377,052 SH DEFINED 1 2,306,952 0 70,100 TOTAL SA-SPON ADR ADR 89151E109 6,083,000 110,000 SH DEFINED 1 110,000 0 0 TOWER GROUP INC COM 891777104 48,649,414 1,724,545 SH DEFINED 1 1,572,045 0 152,500 TRAVELERS COS INC/THE COM 89417E109 17,013,280 376,400 SH DEFINED 1 374,500 0 1,900 UNION PACIFIC CORP COM 907818108 226,613,634 4,740,871 SH DEFINED 1 4,028,958 0 711,913 UNITED STATES STEEL CORP COM 912909108 164,717,694 4,427,895 SH DEFINED 1 3,877,845 0 550,050 UNITED UTILITIES GROUP-ADR ADR 91311E102 3,658,324 203,071 SH DEFINED 1 203,071 0 0 UNUM GROUP COM 91529Y106 26,770,441 1,439,271 SH DEFINED 1 1,399,471 0 39,800 VERIZON COMMUNICATIONS INC COM 92343V104 238,014,612 7,021,080 SH DEFINED 1 6,159,411 0 861,669 VIACOM INC-CLASS B COM 92553P201 532,524,831 27,939,393 SH DEFINED 1 24,370,965 0 3,568,428 WARREN RESOURCES INC COM 93564A100 11,654,833 5,856,700 SH DEFINED 1 5,374,750 0 481,950 WAUSAU PAPER CORP COM 943315101 45,464,928 3,974,207 SH DEFINED 1 3,637,107 0 337,100 WD-40 CO COM 929236107 10,915,018 385,826 SH DEFINED 1 320,675 0 65,151 WELLS FARGO & CO COM 949746101 467,608,812 15,861,900 SH DEFINED 1 13,780,107 0 2,081,793 WESCO INTERNATIONAL INC COM 95082P105 12,528,710 651,519 SH DEFINED 1 635,919 0 15,600 YAMANA GOLD INC COM 98462Y100 20,134,887 2,605,723 SH DEFINED 1 2,152,423 0 453,300 15,237,576,764