13F-HR 1 ocmform13f.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 13F FORM 13F COVER PAGE REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED: JUNE 30, 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 August 11, 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: 92 FORM 13F INFORMATION TABLE VALUE TOTAL: $545,316 (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

NAME OF REPORTING MANAGER: OLSTEIN CAPITAL MANAGEMENT, L.P. FORM 13F INFORMATION TABLE AS OF JUNE 30, 2010 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 5980 75700 75700 75700 ABB LTD SPONSORED ADR 000375204 7603 440000 440000 440000 ACCENTURE PLC IRELAND SHS CL A G1151C101 7115 184100 184100 184100 AGILENT TECHNOLOGIES INC COMMON 00846U101 3753 132000 132000 132000 ALLIANCEBERNSTEIN HOLDING LP UNIT LTD PARTN 01881G106 9892 382800 382800 382800 AMERICAN EXPRESS CO COMMON 025816109 7622 192000 192000 192000 APPLE INC COM COMMON 037833100 7043 28000 28000 28000 BARRETT BUSINESS SERVICES INC COMMON 068463108 273 22000 22000 22000 BAXTER INTL INC COMMON 071813109 7884 194000 194000 194000 BECTON DICKINSON & CO COMMON 075887109 7100 105000 105000 105000 BED BATH & BEYOND INC COMMON 075896100 6674 180000 180000 180000 BERKLEY W R CORP COMMON 084423102 7541 285000 285000 285000 BLACKROCK INC COMMON 09247X101 6740 47000 47000 47000 BRADY CORP CL A 104674106 199 8000 8000 8000 BRINKER INTL INC COMMON 109641100 5755 398000 398000 398000 BURGER KING HLDGS INC COMMON 121208201 6711 398500 398500 398500 CAREFUSION CORP COMMON 14170T101 7650 337000 337000 337000 CHARLES RIV LABS INTL INC COMMON 159864107 6808 199000 199000 199000 CHEESECAKE FACTORY INC COMMON 163072101 211 9500 9500 9500 CHUBB CORP COMMON 171232101 6851 137000 137000 137000 CINTAS CORP COMMON 172908105 8653 361000 361000 361000 CISCO SYS INC COMMON 17275R102 6851 321500 321500 321500 COCA COLA CO COMMON 191216100 6516 130000 130000 130000 COLLECTIVE BRANDS INC COMMON 19421W100 9938 629000 629000 629000 COLUMBUS MCKINNON CORP N Y COMMON 199333105 293 21000 21000 21000 COMMSCOPE INC COMMON 203372107 8367 352000 352000 352000 CONMED CORP COMMON 207410101 335 18000 18000 18000 CONSTELLATION BRANDS INC CL A 21036P108 6045 387000 387000 387000 COVIDIEN PLC SHS G2554F105 7915 197000 197000 197000 CRACKER BARREL OLD CTRY STOR COMMON 22410J106 256 5500 5500 5500 CUMMINS INC COMMON 231021106 5080 78000 78000 78000 DENTSPLY INTL INC NEW COMMON 249030107 5174 173000 173000 173000 DISNEY WALT CO COM DISNEY 254687106 8190 260000 260000 260000 DR PEPPER SNAPPLE GROUP INC COMMON 26138E109 7665 205000 205000 205000 DU PONT E I DE NEMOURS & CO COMMON 263534109 7956 230000 230000 230000 ENTEGRIS INC COM COMMON 29362U104 397 100000 100000 100000 EQUIFAX INC COMMON 294429105 8053 287000 287000 287000 EXXON MOBIL CORP COMMON 30231G102 5707 100000 100000 100000 FEDEX CORP COMMON 31428X106 3996 57000 57000 57000 FIDELITY NATIONAL FINANCIAL CL A 31620R105 6196 477000 477000 477000 FINISH LINE INC CL A 317923100 320 23000 23000 23000 HANOVER INS GROUP INC COMMON 410867105 5786 133000 133000 133000 HARMAN INTL INDS INC COMMON 413086109 9834 329000 329000 329000 HEWITT ASSOCS INC COMMON 42822Q100 8722 253100 253100 253100 HEWLETT PACKARD CO COMMON 428236103 8872 205000 205000 205000 HOME DEPOT INC COMMON 437076102 7860 280000 280000 280000 HOSPIRA INC COMMON 441060100 4309 75000 75000 75000 INTERNATIONAL BUSINESS MACHS COMMON 459200101 4816 39000 39000 39000 INGERSOLL-RAND PLC SHS G47791101 7760 225000 225000 225000 INTEL CORP COMMON 458140100 16630 855000 855000 855000 JACK IN THE BOX INC COMMON 466367109 233 12000 12000 12000 JANUS CAP GROUP INC COMMON 47102X105 320 36000 36000 36000 JOHNSON & JOHNSON COMMON 478160104 4134 70000 70000 70000 JONES APPAREL GROUP INC COM COMMON 480074103 5643 356000 356000 356000 KIMBERLY CLARK CORP COMMON 494368103 5699 94000 94000 94000 KORN FERRY INTL COM NEW 500643200 5977 430000 430000 430000 LEGG MASON INC COMMON 524901105 10413 371500 371500 371500 LIFE TECHNOLOGIES CORP COMMON 53217V109 5717 121000 121000 121000 LOWES COS INC COMMON 548661107 7045 345000 345000 345000 MACYS INC COMMON 55616P104 10203 570000 570000 570000 MASTERCARD INC CL A 57636Q104 6185 31000 31000 31000 MCDONALDS CORP COMMON 580135101 4743 72000 72000 72000 MEDICAL ACTION INDS INC COMMON 58449L100 468 39000 39000 39000 MICROSEMI CORP COMMON 595137100 336 23000 23000 23000 MICROSOFT CORP COMMON 594918104 11160 485000 485000 485000 MIDDLEBY CORP COMMON 596278101 319 6000 6000 6000 MOLSON COORS BREWING CO CL B 60871R209 6693 158000 158000 158000 MORGAN STANLEY COM COM NEW 617446448 5524 238000 238000 238000 NCR CORP NEW COMMON 62886E108 6242 515000 515000 515000 NOVELLUS SYS INC COMMON 670008101 5376 212000 212000 212000 PALL CORP COMMON 696429307 5156 150000 150000 150000 PETSMART INC COMMON 716768106 7543 250000 250000 250000 PROCTER & GAMBLE CO COMMON 742718109 5698 95000 95000 95000 QUEST DIAGNOSTICS INC COMMON 74834L100 5574 112000 112000 112000 RADIOSHACK CORP COMMON 750438103 9248 474000 474000 474000 RUBY TUESDAY INC COM COMMON 781182100 7659 901000 901000 901000 SCHEIN HENRY COMMON 806407102 3569 65000 65000 65000 SCHWAB CHARLES CORP NEW COMMON 808513105 6948 490000 490000 490000 SEALED AIR CORP NEW COMMON 81211K100 5285 268000 268000 268000 SNAP ON INC COMMON 833034101 225 5500 5500 5500 SONOCO PRODS CO COMMON 835495102 5029 165000 165000 165000 STANDEX INTL CORP COMMON 854231107 355 14000 14000 14000 STRYKER CORP COMMON 863667101 9011 180000 180000 180000 TELEFLEX INC COMMON 879369106 9336 172000 172000 172000 TERADATA CORP DEL COMMON 88076W103 6675 219000 219000 219000 TERADYNE INC COMMON 880770102 6250 641000 641000 641000 THERMO FISHER SCIENTIFIC INC COMMON 883556102 7112 145000 145000 145000 TIMKEN CO COMMON 887389104 6004 231000 231000 231000 TJX COS INC NEW COMMON 872540109 3985 95000 95000 95000 TYCO INTERNATIONAL LTD SHS H89128104 7680 218000 218000 218000 XEROX CORP COMMON 984121103 9511 1183000 1183000 1183000 ZIMMER HLDGS INC COMMON 98956P102 7135 132000 132000 132000 *All of the securities listed within this column are stated as "SH."