13F-HR 1 olstein13f.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION placeCityWASHINGTON, StateDC PostalCode20549 FORM 13F FORM 13F COVER PAGE REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED: MARCH 31, 2010 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 13, 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: 96 FORM 13F INFORMATION TABLE VALUE TOTAL: $632,248 (THOUSANDS) 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. NO. FORM 13F FILE NUMBER NAME

FORM 13F INFORMATION TABLE AS OF MARCH 31, 2010 NAME OF REPORTING MANAGER:OLSTEIN CAPITAL MANAGEMENT, L.P. TITLE MARKET INVESTMENT VOTING OF VALUE DISCRETION OTHER AUTHORITY NAME OF ISSUER CLASS CUSIP (X1000) SHARES* SOLE MANAGERS SOLE 3M CO COMMON 88579Y101 6268 75,000 75,000 75,000 ABB LTD SPONSORED ADR 000375204 8954 410,000 410,000 410,000 ACCENTURE PLC IRELAND CL A G1151C101 7513 179,100 179,100 179,100 AGILENT TECHNOLOGIES INC COMMON 00846U101 5227 152,000 152,000 152,000 ALLIANCEBERNSTEIN HOLDING LP UNIT LTD PARTN 01881G106 15023 490,000 490,000 490,000 AMERICAN EXPRESS CO COMMON 025816109 6106 148,000 148,000 148,000 BARRETT BUSINESS SERVICES INC COMMON 068463108 353 26,000 26,000 26,000 BECTON DICKINSON & CO COMMON 075887109 8267 105,000 105,000 105,000 BED BATH & BEYOND INC COMMON 075896100 6389 146,000 146,000 146,000 BERKLEY W R CORP COMMON 084423102 9562 366,500 366,500 366,500 BLACKROCK INC COMMON 09247X101 4355 20,000 20,000 20,000 BRADY CORP CL A 104674106 280 9,000 9,000 9,000 BRINKER INTL INC COMMON 109641100 6594 342,000 342,000 342,000 BURGER KING HLDGS INC COMMON 121208201 9248 435,000 435,000 435,000 CAREFUSION CORP COMMON 14170T101 11101 420,000 420,000 420,000 CHARLES RIV LABS INTL INC COMMON 159864107 8805 224,000 224,000 224,000 CHEESECAKE FACTORY INC COMMON 163072101 257 9,500 9,500 9,500 CHUBB CORP COMMON 171232101 8400 162,000 162,000 162,000 CINTAS CORP COMMON 172908105 10843 386,000 386,000 386,000 CISCO SYS INC COMMON 17275R102 6968 267,700 267,700 267,700 COCA COLA CO COMMON 191216100 7150 130,000 130,000 130,000 COLLECTIVE BRANDS INC COMMON 19421W100 9778 430,000 430,000 430,000 COLUMBUS MCKINNON CORP N Y COMMON 199333105 381 24,000 24,000 24,000 COMMSCOPE INC COMMON 203372107 12021 429,000 429,000 429,000 CONMED CORP COMMON 207410101 310 13,000 13,000 13,000 CONSTELLATION BRANDS INC CL A 21036P108 3518 214,000 214,000 214,000 COVIDIEN PLC SHS G2554F105 7643 152,000 152,000 152,000 CRACKER BARREL OLD CTRY STOR COMMON 22410J106 278 6,000 6,000 6,000 CUMMINS INC COMMON 231021106 5761 93,000 93,000 93,000 DELL INC COMMON 24702R101 7652 509,800 509,800 509,800 DENTSPLY INTL INC NEW COMMON 249030107 5959 171,000 171,000 171,000 DISNEY WALT CO COM DISNEY 254687106 9600 275,000 275,000 275,000 DR PEPPER SNAPPLE GROUP INC COMMON 26138E109 12134 345,000 345,000 345,000 DU PONT E I DE NEMOURS & CO COMMON 263534109 8938 240,000 240,000 240,000 ENTEGRIS INC COMMON 29362U104 368 73,000 73,000 73,000 EQUIFAX INC COMMON 294429105 9372 261,800 261,800 261,800 EXXON MOBIL CORP COMMON 30231G102 6028 90,000 90,000 90,000 FEDEX CORP COMMON 31428X106 4763 51,000 51,000 51,000 FIDELITY NATIONAL FINANCIAL CL A 31620R105 7069 477,000 477,000 477,000 FINISH LINE INC CL A 317923100 375 23,000 23,000 23,000 GAP INC DEL COMMON 364760108 6494 281,000 281,000 281,000 HANOVER INS GROUP INC COMMON 410867105 6014 137,900 137,900 137,900 HARMAN INTL INDS INC COMMON 413086109 10399 222,300 222,300 222,300 HEWITT ASSOCS INC COMMON 42822Q100 9746 245,000 245,000 245,000 HEWLETT PACKARD CO COMMON 428236103 10896 205,000 205,000 205,000 HILLENBRAND INC COMMON 431571108 396 18,000 18,000 18,000 HOME DEPOT INC COMMON 437076102 9382 290,000 290,000 290,000 HOSPIRA INC COMMON 441060100 5948 105,000 105,000 105,000 INTERNATIONAL BUSINESS MACHS COMMON 459200101 4643 36,200 36,200 36,200 INGERSOLL-RAND PLC SHS G47791101 10112 290,000 290,000 290,000 INTEL CORP COMMON 458140100 19478 875,000 875,000 875,000 JACK IN THE BOX INC COMMON 466367109 306 13,000 13,000 13,000 JANUS CAP GROUP INC COMMON 47102X105 414 29,000 29,000 29,000 JOHNSON & JOHNSON COMMON 478160104 4564 70,000 70,000 70,000 KIMBERLY CLARK CORP COMMON 494368103 7665 121,900 121,900 121,900 KORN FERRY INTL COM NEW 500643200 3442 195,000 195,000 195,000 LEGG MASON INC COMMON 524901105 12529 437,000 437,000 437,000 LIFE TECHNOLOGIES CORP COMMON 53217V109 6325 121,000 121,000 121,000 LOCKHEED MARTIN CORP COMMON 539830109 5076 61,000 61,000 61,000 LOWES COS INC COMMON 548661107 9454 390,000 390,000 390,000 MACYS INC COMMON 55616P104 12648 581,000 581,000 581,000 MCDONALDS CORP COMMON 580135101 6138 92,000 92,000 92,000 MEDICAL ACTION INDS INC COMMON 58449L100 417 34,000 34,000 34,000 MICROSOFT CORP COMMON 594918104 14196 485,000 485,000 485,000 MIDDLEBY CORP COMMON 596278101 461 8,000 8,000 8,000 MOLSON COORS BREWING CO CL B 60871R209 8033 191,000 191,000 191,000 MORGAN STANLEY COM COM NEW 617446448 6356 217,000 217,000 217,000 NASH FINCH CO COMMON 631158102 252 7,500 7,500 7,500 NCR CORP NEW COMMON 62886E108 8335 604,000 604,000 604,000 NOVELLUS SYS INC COMMON 670008101 7875 315,000 315,000 315,000 PACTIV CORP COMMON 695257105 5011 199,000 199,000 199,000 PALL CORP COMMON 696429307 6074 150,000 150,000 150,000 PETSMART INC COMMON 716768106 10163 318,000 318,000 318,000 PROCTER & GAMBLE CO COMMON 742718109 6327 100,000 100,000 100,000 QUALCOMM INC COMMON 747525103 4829 115,000 115,000 115,000 QUEST DIAGNOSTICS INC COMMON 74834L100 5398 92,600 92,600 92,600 RADIOSHACK CORP COMMON 750438103 12356 546,000 546,000 546,000 ROFIN SINAR TECHNOLOGIES INC COMMON 775043102 271 12,000 12,000 12,000 RUBY TUESDAY INC COMMON 781182100 6818 645,000 645,000 645,000 SCHEIN HENRY INC COMMON 806407102 2297 39,000 39,000 39,000 SCHWAB CHARLES CORP NEW COMMON 808513105 5177 277,000 277,000 277,000 SEALED AIR CORP NEW COMMON 81211K100 5649 268,000 268,000 268,000 SNAP ON INC COMMON 833034101 4031 93,000 93,000 93,000 SONOCO PRODS CO COMMON 835495102 5819 189,000 189,000 189,000 STANDEX INTL CORP COMMON 854231107 335 13,000 13,000 13,000 STRYKER CORP COMMON 863667101 10872 190,000 190,000 190,000 SYSCO CORP COMMON 871829107 6785 230,000 230,000 230,000 TELEFLEX INC COMMON 879369106 11020 172,000 172,000 172,000 TERADATA CORP DEL COMMON 88076W103 6067 210,000 210,000 210,000 TERADYNE INC COMMON 880770102 5875 526,000 526,000 526,000 THERMO FISHER SCIENTIFIC INC COMMON 883556102 8333 162,000 162,000 162,000 TJX COS INC NEW COMMON 872540109 5953 140,000 140,000 140,000 TYCO INTERNATIONAL LTD SHS H89128104 8339 218,000 218,000 218,000 XEROX CORP COMMON 984121103 12792 1,312,000 1,312,000 1,312,000 ZEBRA TECHNOLOGIES CORP CL A 989207105 237 8,000 8,000 8,000 ZIMMER HLDGS INC COMMON 98956P102 7814 132,000 132,000 132,000 *All of the securities listed within this column are stated as "SH."