13F-HR 1 olsteinq12009.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 13F FORM 13F COVER PAGE REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED: March 31, 2009 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: OLSTEIN CAPITAL MANAGEMENT, L.P. (formerly known as Olstein & Associates, L.P.) ADDRESS: 4 Manhattanville Road Purchase, NY 10577 FORM 13F FILE NUMBER: 028-05485 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: MICHAEL LUPER TITLE: EXECUTIVE VICE PRESIDENT PHONE: (914) 269-6100 SIGNATURE, PLACE, AND DATE OF SIGNING: /s/Michael Luper MICHAEL LUPER Purchase, NY May 15, 2009 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: 84 FORM 13F INFORMATION TABLE VALUE TOTAL: $ 441,086 (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 AS OF MARCH 31, 2009 NAME OF REPORTING MANAGER: OLSTEIN CAPITAL MANAGEMENT, L.P. MARKET AMOUNT AND INVESTMENT VOTING NAME OF ISSUER TITLE OF VALUE TYPE OF DISCRETION OTHER AUTHORITY CLASS CUSIP (X1000) SECURITY* SOLE MANAGERS SOLE 3M CO COMMON 88579Y101 9337 187,800 187,800 187,800 ACCENTURE LTD BERMUDA CL A G1150G111 4591 167,000 167,000 167,000 ADOBE SYS INC COMMON 00724F101 1245 58,200 58,200 58,200 AGILENT TECHNOLOGIES INC COMMON 00846U101 5334 347,023 347,023 347,023 ALLIANCEBERNSTEIN HOLDING LP UNIT LTD PARTN 01881G106 9624 653,800 653,800 653,800 APACHE CORP COMMON 037411105 4166 65,000 65,000 65,000 BARE ESCENTUALS INC COMMON 067511105 246 60,000 60,000 60,000 BARRETT BUSINESS SERVICES INC COMMON 068463108 135 14,000 14,000 14,000 BERKLEY W R CORP COMMON 084423102 9654 428,100 428,100 428,100 BLOUNT INTL INC NEW COMMON 095180105 143 31,000 31,000 31,000 BOSTON SCIENTIFIC CORP COMMON 101137107 9307 1,170,731 1,170,731 1,170,731 BURGER KING HLDGS INC COMMON 121208201 5508 240,000 240,000 240,000 CHARLES RIV LABS INTL INC COMMON 159864107 5861 215,400 215,400 215,400 CHEESECAKE FACTORY INC COMMON 163072101 206 18,000 18,000 18,000 CHUBB CORP COMMON 171232101 3695 87,300 87,300 87,300 CINTAS CORP COMMON 172908105 8793 355,700 355,700 355,700 CISCO SYS INC COMMON 17275R102 12472 743,700 743,700 743,700 CLIFFS NATURAL RESOURCES INC COMMON 18683K101 1485 81,800 81,800 81,800 COCA COLA CO COMMON 191216100 7023 159,800 159,800 159,800 COLLECTIVE BRANDS INC COMMON 19421W100 6376 654,600 654,600 654,600 COLUMBUS MCKINNON CORP N Y COMMON 199333105 148 17,000 17,000 17,000 COMMSCOPE INC COMMON 203372107 8404 739,754 739,754 739,754 COVIDIEN LTD COMMON G2552X108 8925 268,500 268,500 268,500 CRACKER BARREL OLD CTRY STOR COMMON 22410J106 158 5,500 5,500 5,500 CUMMINS INC COMMON 231021106 4327 170,000 170,000 170,000 DELL INC COMMON 24702R101 8012 845,200 845,200 845,200 DENNYS CORP COMMON 24869P104 9399 5,628,300 5,628,300 5,628,300 DENTSPLY INTL INC NEW COMMON 249030107 3934 146,500 146,500 146,500 DEVON ENERGY CORP NEW COMMON 25179M103 3575 80,000 80,000 80,000 DISNEY WALT CO COM DISNEY 254687106 8488 467,400 467,400 467,400 DRESS BARN INC COMMON 261570105 135 11,000 11,000 11,000 DSW INC CL A 23334L102 158 17,000 17,000 17,000 DU PONT E I DE NEMOURS & CO COMMON 263534109 2282 102,200 102,200 102,200 ENTEGRIS INC COMMON 29362U104 138 160,000 160,000 160,000 EXXON MOBIL CORP COMMON 30231G102 3323 48,800 48,800 48,800 FEDEX CORP COMMON 31428X106 4013 90,200 90,200 90,200 FLANDERS CORP COMMON 338494107 263 65,000 65,000 65,000 GAP INC DEL COMMON 364760108 5031 387,300 387,300 387,300 HANOVER INS GROUP INC COMMON 410867105 2355 81,700 81,700 81,700 HEWITT ASSOCS INC COMMON 42822Q100 5928 199,200 199,200 199,200 HEWLETT PACKARD CO COMMON 428236103 6986 217,900 217,900 217,900 HOME DEPOT INC COMMON 437076102 11457 486,300 486,300 486,300 HOSPIRA INC COMMON 441060100 8329 269,900 269,900 269,900 INTERNATIONAL BUSINESS MACHS COMMON 459200101 4893 50,500 50,500 50,500 INGERSOLL-RAND COMPANY LTD CL A G4776G101 8302 601,600 601,600 601,600 INTEL CORP COMMON 458140100 17193 1,142,400 1,142,400 1,142,400 INTUITIVE SURGICAL INC COM NEW 46120E602 2727 28,600 28,600 28,600 JACK IN THE BOX INC COMMON 466367109 6277 269,500 269,500 269,500 JANUS CAP GROUP INC COMMON 47102X105 126 19,000 19,000 19,000 JOHNSON & JOHNSON COMMON 478160104 9684 184,100 184,100 184,100 KIMBERLY CLARK CORP COMMON 494368103 5861 127,100 127,100 127,100 KORN FERRY INTL COM NEW 500643200 3480 384,058 384,058 384,058 LEGG MASON INC COMMON 524901105 239 15,000 15,000 15,000 LIFE TECHNOLOGIES CORP COMMON 53217V109 7353 226,400 226,400 226,400 LOWES COS INC COMMON 548661107 7335 401,900 401,900 401,900 LUBYS INC COMMON 549282101 137 28,000 28,000 28,000 MACYS INC COMMON 55616P104 9476 1,064,768 1,064,768 1,064,768 MCDONALDS CORP COMMON 580135101 7823 143,350 143,350 143,350 MEDICAL ACTION INDS INC COMMON 58449L100 166 20,000 20,000 20,000 MICROSOFT CORP COMMON 594918104 16739 911,200 911,200 911,200 MIDDLEBY CORP COMMON 596278101 195 6,000 6,000 6,000 MOLSON COORS BREWING CO CL B 60871R209 7003 204,300 204,300 204,300 MOTOROLA INC COMMON 620076109 5985 1,414,900 1,414,900 1,414,900 PALL CORP COMMON 696429307 6147 300,900 300,900 300,900 PITNEY BOWES INC COMMON 724479100 6424 275,100 275,100 275,100 PROCTER & GAMBLE CO COMMON 742718109 5754 122,200 122,200 122,200 QUANTA SVCS INC COMMON 74762E102 139 6,500 6,500 6,500 QUEST DIAGNOSTICS INC COMMON 74834L100 4957 104,400 104,400 104,400 RADIOSHACK CORP COMMON 750438103 6865 801,100 801,100 801,100 ROFIN SINAR TECHNOLOGIES INC COMMON 775043102 5586 346,500 346,500 346,500 SCHWAB CHARLES CORP NEW COMMON 808513105 4294 277,000 277,000 277,000 SNAP ON INC COMMON 833034101 7041 280,500 280,500 280,500 SONOCO PRODS CO COMMON 835495102 4113 196,061 196,061 196,061 STRYKER CORP COMMON 863667101 6365 187,000 187,000 187,000 SYSCO CORP COMMON 871829107 6895 302,400 302,400 302,400 TELEFLEX INC COMMON 879369106 9069 232,001 232,001 232,001 TERADATA CORP DEL COMMON 88076W103 6665 410,900 410,900 410,900 TERADYNE INC COMMON 880770102 223 51,000 51,000 51,000 THERMADYNE HLDGS CORP NEW COMMON 883435307 136 64,000 64,000 64,000 THERMO FISHER SCIENTIFIC INC COMMON 883556102 6695 187,700 187,700 187,700 TJX COS INC NEW COMMON 872540109 5669 221,100 221,100 221,100 WET SEAL INC CL A 961840105 108 32,000 32,000 32,000 XEROX CORP COMMON 984121103 9714 2,135,000 2,135,000 2,135,000 ZIMMER HLDGS INC COMMON 98956P102 6267 171,700 171,700 171,700 * All of the securities listed within this column are stated as "SH."