13F-HR 1 secondquarter2012.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, 2012 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 13, 2012 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: 99 FORM 13F Information Table Value Total: $534,216 (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 Name of Reporting Manager: Olstein Capital Management, L.P. Report as of June 30, 2012 Form 13F Information Table

Market Amount Investment Voting Title of Value and Type Descretion Other Authority Name of Issuer Class CUSIP ( x $,1000) of Security* Sole Managers Sole 3M COMPANY COM COM 88579Y101 5,914 66,000 66,000 66,000 ABB LTD-SPON ADR SPON ADR 000375204 7,116 436,000 436,000 436,000 ABM INDUSTRIES INC COM COM 000957100 3,208 164,000 164,000 164,000 ACCENTURE PLC CL A SHS CLASS A G1151C101 4,086 68,000 68,000 68,000 AEGION CORP COM COM 00770F104 716 40,000 40,000 40,000 AGILENT TECHNOLOGIES COM COM 00846U101 6,475 165,000 165,000 165,000 AMERICAN EXPRESS CO COM COM 025816109 6,345 109,000 109,000 109,000 ANALOG DEVICES INC COM COM 032654105 7,346 195,000 195,000 195,000 APACHE CORP COM COM 037411105 4,395 50,000 50,000 50,000 APPLE INC COM COM 037833100 6,424 11,000 11,000 11,000 AVERY DENNISON CORP COM COM 053611109 7,190 263,000 263,000 263,000 BAXTER INTL INC COM 071813109 7,388 139,000 139,000 139,000 BB&T CORP COM COM 054937107 2,838 92,000 92,000 92,000 BECTON DICKINSON AND CO COM COM 075887109 6,877 92,000 92,000 92,000 BED BATH & BEYOND INC COM COM 075896100 6,242 101,000 101,000 101,000 BLACKROCK INC COM COM 09247X101 6,114 36,000 36,000 36,000 BRADY CORPORATION CL A COM CL A 104674106 495 18,000 18,000 18,000 CAREFUSION CORP COM COM 14170T101 8,141 317,000 317,000 317,000 CHARLES SCHWAB CORP COM COM 808513105 7,564 585,000 585,000 585,000 CHUBB CORP COM COM 171232101 4,733 65,000 65,000 65,000 CISCO SYSTEMS INC COM COM 17275R102 9,444 550,000 550,000 550,000 COCA-COLA CO COM COM 191216100 3,988 51,000 51,000 51,000 COLUMBUS MCKINNON CORP COM 199333105 664 44,000 44,000 44,000 CONOCOPHILLIPS COM COM 20825C104 4,750 85,000 85,000 85,000 CONSTELLATION BRANDS INC CL A COM CL A 21036P108 8,686 321,000 321,000 321,000 COVIDIEN PLC SHS G2554F113 8,025 150,000 150,000 150,000 CTS CORP COM COM 126501105 490 52,000 52,000 52,000 CUMMINS INC COM COM 231021106 5,621 58,000 58,000 58,000 DELTA AIR LINES DEL COM COM NEW 247361702 5,935 542,000 542,000 542,000 DENTSPLY INTERNATIONAL INC COM COM 249030107 6,125 162,000 162,000 162,000 DOLBY LABORATORIES INC CL A COM COM 25659T107 4,708 114,000 114,000 114,000 DORMAN PRODUCTS INC COM COM 258278100 602 24,000 24,000 24,000 DOVER CORP COM COM 260003108 5,415 101,000 101,000 101,000 DR PEPPER SNAPPLE GROUP INC COM COM 26138E109 7,569 173,000 173,000 173,000 DU PONT (E.I.) DE NEMOURS COM COM 263534109 9,659 191,000 191,000 191,000 ENTEGRIS INC COM COM 29362U104 4,612 540,000 540,000 540,000 EQUIFAX INC COM COM 294429105 7,456 160,000 160,000 160,000 EXXON MOBIL CORP COM COM 30231G102 8,386 98,000 98,000 98,000 FEDEX CORP COM COM 31428X106 6,596 72,000 72,000 72,000 FINISH LINE INC CL A COM CL A 317923100 460 22,000 22,000 22,000 FREEPORT MCMORAN COPPER & GOLD COM COM 35671D857 3,134 92,000 92,000 92,000 GENERAL ELECTRIC CO COM COM 369604103 8,524 409,000 409,000 409,000 GENUINE PARTS CO COM COM 372460105 3,736 62,000 62,000 62,000 HANESBRANDS INC COM COM 410345102 4,964 179,000 179,000 179,000 HARMAN INTERNATIONAL COM COM 413086109 13,068 330,000 330,000 330,000 HENRY SCHEIN INC COM COM 806407102 3,925 50,000 50,000 50,000 HILLENBRAND INC COM COM 431571108 515 28,000 28,000 28,000 HOME DEPOT INC COM COM 437076102 5,829 110,000 110,000 110,000 INGERSOLL-RAND PLC SHS G47791101 7,888 187,000 187,000 187,000 INTEL CORP COM COM 458140100 12,126 455,000 455,000 455,000 INTL GAME TECHNOLOGY COM COM 459902102 8,214 521,500 521,500 521,500 JANUS CAPITAL GROUP INC COM COM 47102X105 923 118,000 118,000 118,000 JOHNSON & JOHNSON COM COM 478160104 7,161 106,000 106,000 106,000 JONES LANG LASALLE INC COM COM 48020Q107 8,304 118,000 118,000 118,000 KORN/FERRY INTERNATIONAL COM COM NEW 500643200 4,922 343,000 343,000 343,000 LEGG MASON INC COM COM 524901105 9,361 355,000 355,000 355,000 LIFE TECHNOLOGIES CORP COM COM 53217V109 9,313 207,000 207,000 207,000 LOWES COMPANIES INC COM COM 548661107 8,589 302,000 302,000 302,000 MACY'S INC COM COM 55616P104 8,873 258,300 258,300 258,300 MAIDENFORM BRANDS INC COM COM 560305104 578 29,000 29,000 29,000 MASTERCARD INC CL A COM CL A 57636Q104 3,097 7,200 7,200 7,200 MCDONALDS CORP COM COM 580135101 4,028 45,500 45,500 45,500 MEASUREMENT SPECIALTIES INC COM COM 583421102 650 20,000 20,000 20,000 MICROSEMI CORP COM COM 595137100 4,881 264,000 264,000 264,000 MICROSOFT CORP COM COM 594918104 11,288 369,000 369,000 369,000 MISTRAS GROUP INC COM COM 60649T107 263 10,000 10,000 10,000 NATIONAL OILWELL VARCO INC COM COM 637071101 4,253 66,000 66,000 66,000 NCR CORP NEW COM COM 62886E108 568 25,000 25,000 25,000 NEWELL RUBBERMAID INC COM COM 651229106 7,474 412,000 412,000 412,000 NIKE INC CL B COM CL B 654106103 2,677 30,500 30,500 30,500 PENTAIR INC COM COM 709631105 7,426 194,000 194,000 194,000 PEPSICO INC COM COM 713448108 4,734 67,000 67,000 67,000 PETSMART INC COM COM 716768106 2,864 42,000 42,000 42,000 QUALCOMM INC COM COM 747525103 3,007 54,000 54,000 54,000 ROCKY BRANDS INC COM COM 774515100 660 50,000 50,000 50,000 SCHLUMBERGER LTD COM 806857108 4,089 63,000 63,000 63,000 SCHWEITZER-MAUDUIT INTL INC COM COM 808541106 477 7,000 7,000 7,000 SEALED AIR CORP COM COM 81211K100 8,538 553,000 553,000 553,000 SMITH & WESSON HOLDING CORP COM COM 831756101 357 43,000 43,000 43,000 SNAP-ON INC COM COM 833034101 6,287 101,000 101,000 101,000 SONOCO PRODUCTS CO COM COM 835495102 5,517 183,000 183,000 183,000 SPIRIT AIRLINES INC COM COM 848577102 4,729 243,000 243,000 243,000 STANDEX INTERNATIONAL CORP COM COM 854231107 553 13,000 13,000 13,000 STAPLES INC COM COM 855030102 7,700 590,000 590,000 590,000 STEIN MART INC COM COM 858375108 445 56,000 56,000 56,000 STRYKER CORP COM COM 863667101 7,990 145,000 145,000 145,000 TEAM INC COM COM 878155100 592 19,000 19,000 19,000 TELEFLEX INC COM COM 879369106 8,771 144,000 144,000 144,000 TERADYNE INC COM COM 880770102 6,327 450,000 450,000 450,000 THERMO FISHER SCIENTIFIC INC COM COM 883556102 8,617 166,000 166,000 166,000 TIMKEN CO COM COM 887389104 7,555 165,000 165,000 165,000 TJX COMPANIES INC NEW COM COM 872540109 3,306 77,000 77,000 77,000 TYCO INTERNATIONAL LTD SHS H89128104 2,748 52,000 52,000 52,000 US BANCORP COM COM NEW 902973304 7,879 245,000 245,000 245,000 V F CORP COM COM 918204108 2,936 22,000 22,000 22,000 WALT DISNEY CO COM COM DISNEY 254687106 6,839 141,000 141,000 141,000 WESTERN UNION CO INC COM 959802109 5,574 331,000 331,000 331,000 XEROX CORP COM COM 984121103 11,931 1,516,000 1,516,000 1,516,000 ZIMMER HOLDINGS INC COM COM 98956P102 7,852 122,000 122,000 122,000

* All the securities listed within this column are stated as "SH".