13F-HR 1 thirdquarter2012.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 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 November 14, 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: 104 FORM 13F Information Table Value Total: $546,406 (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 September 30, 2012 Form 13F Information Table

Market Amount Investment Voting Title of Value and Type Descretion Other Authority Name of Issuer Class Cusip ( x $1,000) of Security* Sole Managers Sole 3M COMPANY COM COM 88579Y101 5,360 58,000 58,000 58,000 ABB LTD-SPON ADR SPON ADR 000375204 8,153 436,000 436,000 436,000 ABM INDUSTRIES INC COM COM 000957100 4,733 250,000 250,000 250,000 ACCENTURE PLC CL A SHS CLASS A G1151C101 4,062 58,000 58,000 58,000 AEGION CORP COM COM 00770F104 766 40,000 40,000 40,000 AGILENT TECHNOLOGIES COM COM 00846U101 7,844 204,000 204,000 204,000 ALASKA AIR GROUP INC COM COM 011659109 3,261 93,000 93,000 93,000 AMERICAN EXPRESS CO COM COM 025816109 6,198 109,000 109,000 109,000 ANALOG DEVICES INC COM COM 032654105 6,541 167,000 167,000 167,000 APACHE CORP COM COM 037411105 4,324 50,000 50,000 50,000 APPLE INC COM COM 037833100 4,671 7,000 7,000 7,000 AVERY DENNISON CORP COM COM 053611109 7,446 234,000 234,000 234,000 BAXTER INTL INC COM 071813109 7,232 120,000 120,000 120,000 BB&T CORP COM COM 054937107 4,012 121,000 121,000 121,000 BECTON DICKINSON AND CO COM COM 075887109 7,228 92,000 92,000 92,000 BED BATH & BEYOND INC COM COM 075896100 6,993 111,000 111,000 111,000 BIG LOTS INC COM COM 089302103 4,910 166,000 166,000 166,000 BLACKROCK INC COM COM 09247X101 6,062 34,000 34,000 34,000 BRADY CORPORATION CL A COM CL A 104674106 644 22,000 22,000 22,000 CAREFUSION CORP COM COM 14170T101 8,460 298,000 298,000 298,000 CHARLES SCHWAB CORP COM COM 808513105 7,162 560,000 560,000 560,000 CHUBB CORP COM COM 171232101 4,958 65,000 65,000 65,000 CISCO SYSTEMS INC COM COM 17275R102 11,129 583,000 583,000 583,000 COACH INC COM COM 189754104 5,714 102,000 102,000 102,000 COCA-COLA CO COM COM 191216100 3,414 90,000 90,000 90,000 COLUMBUS MCKINNON CORP COM 199333105 665 44,000 44,000 44,000 CONSTELLATION BRANDS INC CL A COM CL A 21036P108 7,441 230,000 230,000 230,000 COVIDIEN PLC SHS G2554F113 6,714 113,000 113,000 113,000 CUMMINS INC COM COM 231021106 5,994 65,000 65,000 65,000 DEERE & CO COM COM 244199105 2,969 36,000 36,000 36,000 DELTA AIR LINES DEL COM COM NEW 247361702 6,275 685,000 685,000 685,000 DENTSPLY INTERNATIONAL INC COM COM 249030107 6,179 162,000 162,000 162,000 DOLBY LABORATORIES INC CL A COM COM 25659T107 6,190 189,000 189,000 189,000 DORMAN PRODUCTS INC COM COM 258278100 567 18,000 18,000 18,000 DOVER CORP COM COM 260003108 6,365 107,000 107,000 107,000 DR PEPPER SNAPPLE GROUP INC COM COM 26138E109 6,501 146,000 146,000 146,000 DU PONT (E.I.) DE NEMOURS COM COM 263534109 9,400 187,000 187,000 187,000 EBAY INC COM COM 278642103 2,759 57,000 57,000 57,000 ENTEGRIS INC COM COM 29362U104 4,959 610,000 610,000 610,000 EQUIFAX INC COM COM 294429105 7,080 152,000 152,000 152,000 EXPRESS INC COM COM 30219E103 6,064 409,200 409,200 409,200 EXXON MOBIL CORP COM COM 30231G102 7,316 80,000 80,000 80,000 FEDEX CORP COM COM 31428X106 6,093 72,000 72,000 72,000 FINISH LINE INC CL A COM CL A 317923100 341 15,000 15,000 15,000 FREEPORT MCMORAN COPPER & GOLD COM COM 35671D857 2,850 72,000 72,000 72,000 GENERAL ELECTRIC CO COM COM 369604103 8,516 375,000 375,000 375,000 GENUINE PARTS CO COM COM 372460105 3,784 62,000 62,000 62,000 HANESBRANDS INC COM COM 410345102 4,878 153,000 153,000 153,000 HARMAN INTERNATIONAL COM COM 413086109 11,365 246,200 246,200 246,200 HENRY SCHEIN INC COM COM 806407102 3,884 49,000 49,000 49,000 HILLENBRAND INC COM COM 431571108 511 28,100 28,100 28,100 HOME DEPOT INC COM COM 437076102 2,777 46,000 46,000 46,000 HORMEL FOODS CORP COM COM 440452100 1,696 58,000 58,000 58,000 INGERSOLL-RAND PLC SHS G47791101 7,575 169,000 169,000 169,000 INTEL CORP COM COM 458140100 10,319 455,000 455,000 455,000 INTL GAME TECHNOLOGY COM COM 459902102 9,189 702,000 702,000 702,000 JANUS CAPITAL GROUP INC COM COM 47102X105 1,043 110,500 110,500 110,500 JOHNSON & JOHNSON COM COM 478160104 7,304 106,000 106,000 106,000 JONES LANG LASALLE INC COM COM 48020Q107 8,803 115,300 115,300 115,300 KORN/FERRY INTERNATIONAL COM COM NEW 500643200 5,534 361,000 361,000 361,000 LEGG MASON INC COM COM 524901105 9,230 374,000 374,000 374,000 LIFE TECHNOLOGIES CORP COM COM 53217V109 8,554 175,000 175,000 175,000 LOWES COMPANIES INC COM COM 548661107 8,135 269,000 269,000 269,000 MACY'S INC COM COM 55616P104 9,198 244,500 244,500 244,500 MAIDENFORM BRANDS INC COM COM 560305104 655 32,000 32,000 32,000 MASTERCARD INC CL A COM CL A 57636Q104 3,251 7,200 7,200 7,200 MCDONALDS CORP COM COM 580135101 4,175 45,500 45,500 45,500 MEASUREMENT SPECIALTIES INC COM COM 583421102 660 20,000 20,000 20,000 MICROSEMI CORP COM COM 595137100 5,339 266,000 266,000 266,000 MICROSOFT CORP COM COM 594918104 10,989 369,000 369,000 369,000 MISTRAS GROUP INC COM COM 60649T107 557 24,000 24,000 24,000 NATIONAL OILWELL VARCO INC COM COM 637071101 5,287 66,000 66,000 66,000 NCR CORP NEW COM COM 62886E108 583 25,000 25,000 25,000 NEWELL RUBBERMAID INC COM COM 651229106 7,865 412,000 412,000 412,000 NIKE INC CL B COM CL B 654106103 2,895 30,500 30,500 30,500 PENTAIR LTD COM COM 709631105 7,300 164,000 164,000 164,000 PEPSICO INC COM COM 713448108 4,742 67,000 67,000 67,000 PETSMART INC COM COM 716768106 2,414 35,000 35,000 35,000 QUALCOMM INC COM COM 747525103 3,374 54,000 54,000 54,000 ROCKY BRANDS INC COM COM 774515100 578 50,000 50,000 50,000 SCHLUMBERGER LTD COM 806857108 3,978 55,000 55,000 55,000 SCHWEITZER-MAUDUIT INTL INC COM COM 808541106 594 18,000 18,000 18,000 SENSIENT TECHNOLOGIES CORP COM COM 81725T100 515 14,000 14,000 14,000 SMITH & WESSON HOLDING CORP COM COM 831756101 936 85,000 85,000 85,000 SNAP-ON INC COM COM 833034101 4,240 59,000 59,000 59,000 SONOCO PRODUCTS CO COM COM 835495102 5,671 183,000 183,000 183,000 SPIRIT AIRLINES INC COM COM 848577102 6,934 406,000 406,000 406,000 STANDEX INTERNATIONAL CORP COM COM 854231107 489 11,000 11,000 11,000 STAPLES INC COM COM 855030102 7,315 635,000 635,000 635,000 STEIN MART INC COM COM 858375108 460 54,000 54,000 54,000 STRYKER CORP COM COM 863667101 8,071 145,000 145,000 145,000 TEAM INC COM COM 878155100 605 19,000 19,000 19,000 TELEFLEX INC COM COM 879369106 8,812 128,000 128,000 128,000 TERADYNE INC COM COM 880770102 6,982 491,000 491,000 491,000 THERMO FISHER SCIENTIFIC INC COM COM 883556102 7,001 119,000 119,000 119,000 TIMKEN CO COM COM 887389104 8,547 230,000 230,000 230,000 TJX COMPANIES INC NEW COM COM 872540109 2,598 58,000 58,000 58,000 TYCO INTERNATIONAL LTD SHS H89128104 2,926 52,000 52,000 52,000 US BANCORP COM COM NEW 902973304 7,718 225,000 225,000 225,000 V F CORP COM COM 918204108 3,984 25,000 25,000 25,000 WALT DISNEY CO COM COM DISNEY 254687106 5,542 106,000 106,000 106,000 WESTERN UNION CO INC COM 959802109 6,031 331,000 331,000 331,000 XEROX CORP COM COM 984121103 11,590 1,579,000 1,579,000 1,579,000 ZIMMER HOLDINGS INC COM COM 98956P102 7,912 117,000 117,000 117,000

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