13F-HR 1 olstein.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 13F FORM 13F COVER PAGE REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED: DECEMBER 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 February 12, 2010 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: 95 FORM 13F INFORMATION TABLE VALUE TOTAL: $600,811 (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 NO. FORM 13F FILE NUMBER NAME

FORM 13F INFORMATION TABLE AS OF DECEMBER 31, 2009 NAME OF REPORTING MANAGER: OLSTEIN CAPITAL MANAGEMENT, L.P. MARKET AMOUNT INVESTMENT VOTING TITLE OF VALUE AND TYPE DISCRETION OTHER AUTHORITY NAME OF ISSUER CLASS CUSIP (X1000) OF SECURITY* SOLE MANAGERS SOLE 3M CO COMMON 88579Y101 6448 78000 78000 78000 ABB LTD SPONSORED ADR 000375204 7354 385000 385000 385000 ACCENTURE PLC IRELAND CL A G1151C101 7433 179100 179100 179100 AGILENT TECHNOLOGIES INC COMMON 00846U101 6742 217000 217000 217000 ALLIANCEBERNSTEIN HOLDING LP UNIT LTD PARTN 01881G106 16242 578000 578000 578000 AMERICAN EXPRESS CO COMMON 025816109 6200 153000 153000 153000 BARE ESCENTUALS INC COMMON 067511105 281 23000 23000 23000 BARRETT BUSINESS SERVICES INC COMMON 068463108 320 26000 26000 26000 BECTON DICKINSON & CO COMMON 075887109 8280 105000 105000 105000 BED BATH & BEYOND INC COMMON 075896100 5640 146000 146000 146000 BERKLEY W R CORP COMMON 084423102 10608 430500 430500 430500 BLACKROCK INC COMMON 09247X101 4644 20000 20000 20000 BOSTON SCIENTIFIC CORP COMMON 101137107 10854 1206000 1206000 1206000 BRADY CORP CL A 104674106 270 9000 9000 9000 BRINKER INTL INC COMMON 109641100 3551 238000 238000 238000 BURGER KING HLDGS INC COMMON 121208201 10688 567900 567900 567900 CAREFUSION CORP COMMON 14170T101 3126 125000 125000 125000 CHARLES RIV LABS INTL INC COMMON 159864107 8591 255000 255000 255000 CHEESECAKE FACTORY INC COMMON 163072101 281 13000 13000 13000 CHUBB CORP COMMON 171232101 7967 162000 162000 162000 CINTAS CORP COMMON 172908105 9482 364000 364000 364000 CISCO SYS INC COMMON 17275R102 6409 267700 267700 267700 COCA COLA CO COMMON 191216100 7410 130000 130000 130000 COLLECTIVE BRANDS INC COMMON 19421W100 6877 302000 302000 302000 COLUMBUS MCKINNON CORP N Y COMMON 199333105 273 20000 20000 20000 COMMSCOPE INC COMMON 203372107 9763 368000 368000 368000 CONMED CORP COMMON 207410101 228 10000 10000 10000 COVIDIEN PLC SHS G2554F105 8141 170000 170000 170000 CRACKER BARREL OLD CTRY STOR COMMON 22410J106 266 7000 7000 7000 CUMMINS INC COMMON 231021106 4265 93000 93000 93000 DELL INC COMMON 24702R101 9908 690000 690000 690000 DENTSPLY INTL INC NEW COMMON 249030107 6014 171000 171000 171000 DISNEY WALT CO COM DISNEY 254687106 9675 300000 300000 300000 DR PEPPER SNAPPLE GROUP INC COMMON 26138E109 9962 352000 352000 352000 DRESS BARN INC COMMON 261570105 231 10000 10000 10000 DU PONT E I DE NEMOURS & CO COMMON 263534109 88081 240000 240000 240000 EQUIFAX INC COMMON 294429105 6796 220000 220000 220000 EXXON MOBIL CORP COMMON 30231G102 4221 61900 61900 61900 FEDEX CORP COMMON 31428X106 4256 51000 51000 51000 FINISH LINE INC CL A 317923100 364 29000 29000 29000 FLANDERS CORP COMMON 338494107 241 54000 54000 54000 GAP INC DEL COMMON 364760108 5887 281000 281000 281000 HANOVER INS GROUP INC COMMON 410867105 6127 137900 137900 137900 HARMAN INTL INDS INC COMMON 413086109 7409 210000 210000 210000 HEWITT ASSOCS INC COMMON 42822Q100 9373 221800 221800 221800 HEWLETT PACKARD CO COMMON 428236103 10817 210000 210000 210000 HILLENBRAND INC COMMON 431571108 245 13000 13000 13000 HOME DEPOT INC COMMON 437076102 10878 376000 376000 376000 HOSPIRA INC COMMON 441060100 6630 130000 130000 130000 INTERNATIONAL BUSINESS MACHS COMMON 459200101 4739 36200 36200 36200 INGERSOLL-RAND PLC SHS G47791101 10722 300000 300000 300000 INTEL CORP COMMON 458140100 20012 981000 981000 981000 JACK IN THE BOX INC COMMON 466367109 334 17000 17000 17000 JANUS CAP GROUP INC COMMON 47102X105 269 20000 20000 20000 JOHNSON & JOHNSON COMMON 478160104 6119 95000 95000 95000 KIMBERLY CLARK CORP COMMON 494368103 7766 121900 121900 121900 KORN FERRY INTL COM NEW 500643200 3218 195000 195000 195000 LEGG MASON INC COMMON 524901105 10435 346000 346000 346000 LIFE TECHNOLOGIES CORP COMMON 53217V109 6320 121000 121000 121000 LOWES COS INC COMMON 548661107 9122 390000 390000 390000 MACYS INC COMMON 55616P104 11631 694000 694000 694000 MCDONALDS CORP COMMON 580135101 6681 107000 107000 107000 MEDICAL ACTION INDS INC COMMON 58449L100 337 21000 21000 21000 MICROSOFT CORP COMMON 594918104 15397 505000 505000 505000 MIDDLEBY CORP COMMON 596278101 343 7000 7000 7000 MOLSON COORS BREWING CO CL B 60871R209 8400 186000 186000 186000 MOTOROLA INC COMMON 620076109 5202 670300 670300 670300 NASH FINCH CO COMMON 631158102 278 7500 7500 7500 NCR CORP NEW COMMON 62886E108 9728 874000 874000 874000 NOVELLUS SYS INC COMMON 670008101 7352 315000 315000 315000 PALL CORP COMMON 696429307 10835 299300 299300 299300 PETSMART INC COMMON 716768106 8487 318000 318000 318000 PITNEY BOWES INC COMMON 724479100 5756 252900 252900 252900 PROCTER & GAMBLE CO COMMON 742718109 6063 100000 100000 100000 QUALCOMM INC COMMON 747525103 3701 80000 80000 80000 QUANTA SVCS INC COMMON 74762E102 5502 264000 264000 264000 QUEST DIAGNOSTICS INC COMMON 74834L100 5591 92600 92600 92600 RADIOSHACK CORP COMMON 750438103 11934 612000 612000 612000 ROFIN SINAR TECHNOLOGIES INC COMMON 775043102 236 10000 10000 10000 SCHWAB CHARLES CORP NEW COMMON 808513105 5213 277000 277000 277000 SEALED AIR CORP NEW COMMON 81211K100 5203 238000 238000 238000 SNAP ON INC COMMON 833034101 6593 156000 156000 156000 SONOCO PRODS CO COMMON 835495102 5528 189000 189000 189000 STRYKER CORP COMMON 863667101 10427 207000 207000 207000 SYSCO CORP COMMON 871829107 8941 320000 320000 320000 TELEFLEX INC COMMON 879369106 9808 182000 182000 182000 TERADATA CORP DEL COMMON 88076W103 3457 110000 110000 110000 TERADYNE INC COMMON 880770102 408 38000 38000 38000 THERMO FISHER SCIENTIFIC INC COMMON 883556102 7726 162000 162000 162000 TJX COS INC NEW COMMON 872540109 5117 140000 140000 140000 TYCO INTERNATIONAL LTD SHS H89128104 7778 218000 218000 218000 VARIAN MED SYS INC COMMON 92220P105 3547 75700 75700 75700 XEROX CORP COMMON 984121103 14737 1742000 1742000 1742000 ZEBRA TECHNOLOGIES CORP CL A 989207105 269 9500 9500 9500 ZIMMER HLDGS INC COMMON 98956P102 7803 132000 132000 132000 *All of the securities listed within this column are stated as "SH."