13F-HR 1 t304331.txt NWQ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2008 Check here if Amendment []; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holding's entries Institutional Investment Manager Filing this Report: Name: NWQ INVESTMENT MANAGEMENT CO, LLC Address: 2049 Century Park East 16th Floor Los Angeles, CA 90067" 13F File Number: 028-01474 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: Jon D. Bosse Title: Chief Investment Officer Phone: 310-712-4000 Signature, Place, and Date of Signing: Jon D. Bosse, Los Angeles, CA 05/14/2008 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: Nuveen Investments, Inc. I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 142 Form 13F Information Table Value Total: $26,281,316 List of Other Included Managers: No. 13F File Number Name 1 - 028-11405 -- Nuveen Investments, Inc.

13F VOTING AUTHORITY TITLE OF VALUE SHARES/ SH/ NAME OF ISSUER CLASS CUSIP NO (X$1000) PRN AMT PRN INVSTMT OTHER SOLE SHARED NONE DSCRETN MANAGERS ------------------------------------------------------------------------------------------------------------------------------------ AT&T INC COM 00206R102 582,251,343 15,202,372 SH DEFINED 1 12,631,100 0 2,571,272 ABITIBIBOWATER INC COM 003687100 33,806,595 2,618,654 SH DEFINED 1 2,393,520 0 225,134 ACERGY SA-SPON ADR ADR 00443E104 49,588,828 2,322,656 SH DEFINED 1 2,110,517 0 212,139 ACUITY BRANDS INC COM 00508Y102 37,120,714 864,279 SH DEFINED 1 788,279 0 76,000 AETNA INC COM 00817Y108 269,164,708 6,394,971 SH DEFINED 1 5,477,161 0 917,810 AGILENT TECHNOLOGIES INC COM 00846U101 173,869,559 5,828,680 SH DEFINED 1 4,981,156 0 847,524 AGRIUM INC COM 008916108 18,849,524 303,488 SH DEFINED 1 293,438 0 10,050 ALBANY INTL CORP-CL A COM 012348108 32,623,720 902,704 SH DEFINED 1 773,404 0 129,300 ALLEGHANY CORP COM 017175100 226,000 660 SH DEFINED 1 0 0 660 ALTRIA GROUP INC COM 02209S103 232,748,267 10,484,153 SH DEFINED 1 9,359,231 0 1,124,922 AMGEN INC COM 031162100 555,700,927 13,300,647 SH DEFINED 1 11,400,785 0 1,899,862 ANGLOGOLD ASHANTI-SPON ADR ADR 035128206 91,141,000 2,683,768 SH DEFINED 1 1,993,468 0 690,300 AON CORP COM 037389103 521,144,547 12,963,791 SH DEFINED 1 11,160,063 0 1,803,728 APACHE CORP COM 037411105 1,436,653,419 11,890,860 SH DEFINED 1 10,345,911 0 1,544,949 APPROACH RESOURCES INC COM 03834A103 28,783,168 1,835,662 SH DEFINED 1 1,582,444 0 253,218 ARROW ELECTRONICS INC COM 042735100 34,428,849 1,023,147 SH DEFINED 1 986,047 0 37,100 AVNET INC COM 053807103 17,304,355 528,693 SH DEFINED 1 509,693 0 19,000 BANCORP INC/THE COM 05969A105 14,831,989 1,227,854 SH DEFINED 1 1,025,643 0 202,211 BANK OF AMERICA CORP COM 060505104 212,715,246 5,611,052 SH DEFINED 1 4,858,267 0 752,785 BARRICK GOLD CORP COM 067901108 901,341,792 20,744,352 SH DEFINED 1 18,175,153 0 2,569,199 BILL BARRETT CORP COM 06846N104 28,143,188 595,625 SH DEFINED 1 509,175 0 86,450 BELDEN INC COM 077454106 27,634,038 782,400 SH DEFINED 1 671,900 0 110,500 BOB EVANS FARMS COM 096761101 31,895,856 1,156,077 SH DEFINED 1 998,977 0 157,100 BUCKEYE TECHNOLOGIES INC COM 118255108 9,688,487 868,117 SH DEFINED 1 752,667 0 115,450 CBS CORP-CLASS B NON VOTING COM 124857202 382,023,521 17,301,806 SH DEFINED 1 14,946,493 0 2,355,313 CA INC COM 12673P105 1,235,287,210 54,901,635 SH DEFINED 1 47,819,955 0 7,081,680 CARPENTER TECHNOLOGY COM 144285103 7,930,712 141,701 SH DEFINED 1 137,401 0 4,300 CASEY'S GENERAL STORES INC COM 147528103 60,515,133 2,677,649 SH DEFINED 1 2,442,649 0 235,000 CATERPILLAR INC COM 149123101 8,667,000 110,710 SH DEFINED 1 108,600 0 2,110 CENTURY ALUMINUM COMPANY COM 156431108 40,704,834 614,508 SH DEFINED 1 560,408 0 54,100 CHEVRON CORP COM 166764100 9,893,000 115,896 SH DEFINED 1 115,896 0 0 CITIGROUP INC COM 172967101 346,371,572 16,170,485 SH DEFINED 1 13,887,741 0 2,282,744 CLEAR CHANNEL COMMUNICATIONS COM 184502102 416,121 14,242 SH DEFINED 1 14,202 0 40 COHERENT INC COM 192479103 31,468,487 1,128,299 SH DEFINED 1 1,091,199 0 37,100 COMCAST CORP-SPECIAL CL A COM 20030N200 617,348,525 32,543,386 SH DEFINED 1 28,041,409 0 4,501,977 COMMSCOPE INC COM 203372107 26,496,068 760,738 SH DEFINED 1 650,788 0 109,950 COMMUNITY HEALTH SYSTEMS INC COM 203668108 59,634,339 1,776,424 SH DEFINED 1 1,616,124 0 160,300 CONOCOPHILLIPS COM 20825C104 210,364,174 2,760,319 SH DEFINED 1 2,319,423 0 440,896 DEL MONTE FOODS CO COM 24522P103 39,690,096 4,164,740 SH DEFINED 1 3,796,040 0 368,700 DENBURY RESOURCES INC COM 247916208 33,427,885 1,170,864 SH DEFINED 1 1,073,664 0 97,200 DOMTAR CORP COM 257559104 44,434,786 6,505,776 SH DEFINED 1 5,963,476 0 542,300 ENERGIAS DE PORTUGAL-SP ADR ADR 268353109 7,707,000 127,500 SH DEFINED 1 127,500 0 0 ENI SPA-SPONSORED ADR ADR 26874R108 12,941,000 190,000 SH DEFINED 1 190,000 0 0 ESTERLINE TECHNOLOGIES CORP COM 297425100 19,607,801 389,277 SH DEFINED 1 380,177 0 9,100 EXXON MOBIL CORP COM 30231G102 1,701,000 20,106 SH DEFINED 1 20,106 0 0 FREDDIE MAC COM 313400301 36,133,287 1,427,084 SH DEFINED 1 1,122,412 0 304,672 FANNIE MAE COM 313586109 550,741,666 20,924,846 SH DEFINED 1 18,063,254 0 2,861,592 FERRO CORP COM 315405100 10,828,212 728,700 SH DEFINED 1 627,100 0 101,600 FOSSIL INC COM 349882100 17,867,132 585,032 SH DEFINED 1 533,401 0 51,631 FRIEDMAN BILLINGS RAMSEY-A COM 358434108 23,184,489 13,637,769 SH DEFINED 1 13,322,731 0 315,038 GANNETT CO COM 364730101 6,899,000 237,500 SH DEFINED 1 237,500 0 0 GARDNER DENVER INC COM 365558105 20,997,671 565,979 SH DEFINED 1 546,579 0 19,400 GENERAL CABLE CORP COM 369300108 50,082,206 847,850 SH DEFINED 1 778,700 0 69,150 GENERAL ELECTRIC CO COM 369604103 15,755,000 425,705 SH DEFINED 1 425,705 0 0 GENWORTH FINANCIAL INC-CL A COM 37247D106 813,442,100 35,929,410 SH DEFINED 1 31,124,809 0 4,804,601 GIBRALTAR INDUSTRIES INC COM 374689107 41,367,074 3,526,582 SH DEFINED 1 3,185,032 0 341,550 GLATFELTER COM 377316104 32,394,774 2,143,907 SH DEFINED 1 1,848,657 0 295,250 GLAXOSMITHKLINE PLC-SPON ADR ADR 37733W105 9,971,000 235,000 SH DEFINED 1 235,000 0 0 GOLFSMITH INTERNATIONAL HOLD COM 38168Y103 4,056,025 1,922,121 SH DEFINED 1 1,613,641 0 308,480 GRIFFON CORPORATION COM 398433102 45,905,926 5,337,916 SH DEFINED 1 4,838,095 0 499,821 HANOVER INSURANCE GROUP INC/ COM 410867105 35,096,000 853,096 SH DEFINED 1 821,496 0 31,600 HARTFORD FINANCIAL SVCS GRP COM 416515104 1,122,691,786 14,817,108 SH DEFINED 1 12,860,006 0 1,957,102 HESS CORP COM 42809H107 482,293,671 5,469,420 SH DEFINED 1 4,703,725 0 765,695 HOOKER FURNITURE CORP COM 439038100 27,106,545 1,213,358 SH DEFINED 1 1,042,108 0 171,250 ILLINOIS TOOL WORKS COM 452308109 312,085,996 6,470,793 SH DEFINED 1 5,530,841 0 939,952 INDYMAC BANCORP INC COM 456607100 30,976,448 6,245,203 SH DEFINED 1 6,000,703 0 244,500 INTERNATIONAL PAPER CO COM 460146103 302,943,363 11,137,625 SH DEFINED 1 9,496,982 0 1,640,643 INTERPUBLIC GROUP OF COS INC COM 460690100 53,793,358 6,396,403 SH DEFINED 1 6,204,003 0 192,400 ISHARES MSCI EAFE INDEX FUND ETF 464287465 355,114 4,939 SH DEFINED 1 4,382 0 557 ISHARES RUSSELL 1000 VALUE ETF 464287598 2,793,818 38,037 SH DEFINED 1 36,967 0 1,070 JPMORGAN CHASE & CO COM 46625H100 644,837,787 15,013,683 SH DEFINED 1 12,896,059 0 2,117,624 KT CORP-SP ADR ADR 48268K101 10,284,000 433,000 SH DEFINED 1 433,000 0 0 KADANT INC COM 48282T104 20,302,488 691,018 SH DEFINED 1 607,118 0 83,900 KEITHLEY INSTRUMENTS INC COM 487584104 21,592,478 2,226,006 SH DEFINED 1 1,851,641 0 374,365 KENNAMETAL INC COM 489170100 32,889,468 1,117,547 SH DEFINED 1 1,029,247 0 88,300 KIMBERLY-CLARK CORP COM 494368103 583,978,231 9,046,919 SH DEFINED 1 7,595,315 0 1,451,604 KOREA ELEC POWER CORP-SP ADR ADR 500631106 6,633,000 441,000 SH DEFINED 1 441,000 0 0 KRAFT FOODS INC-CLASS A COM 50075N104 217,248,968 7,005,780 SH DEFINED 1 5,843,256 0 1,162,524 LIBERTY MEDIA-INTERACTIVE A COM 53071M104 195,347,083 12,103,262 SH DEFINED 1 10,298,690 0 1,804,572 LINCOLN ELECTRIC HOLDINGS COM 533900106 28,193,763 437,174 SH DEFINED 1 399,974 0 37,200 LOCKHEED MARTIN CORP COM 539830109 629,759,810 6,341,990 SH DEFINED 1 5,537,319 0 804,671 LOEWS CORP COM 540424108 668,265,470 16,615,250 SH DEFINED 1 14,756,820 0 1,858,430 LOEWS CORP - CAROLINA GROUP COM 540424207 13,197,000 181,900 SH DEFINED 1 181,900 0 0 MGIC INVESTMENT CORP COM 552848103 37,082,000 3,521,553 SH DEFINED 1 2,700,623 0 820,930 MARTEN TRANSPORT LTD COM 573075108 43,104,328 2,777,358 SH DEFINED 1 2,386,433 0 390,925 MATTSON TECHNOLOGY INC COM 577223100 52,611,998 8,639,133 SH DEFINED 1 8,130,696 0 508,437 MEADWESTVACO CORP COM 583334107 18,668,633 685,835 SH DEFINED 1 665,235 0 20,600 MICROSOFT CORP COM 594918104 580,231,139 20,445,069 SH DEFINED 1 17,108,528 0 3,336,541 MIDCAP SPDR TRUST SERIES 1 ETF 595635103 145,818 1,033 SH DEFINED 1 1,033 0 0 MOTOROLA INC COM 620076109 745,245,060 80,133,839 SH DEFINED 1 69,586,752 0 10,547,087 NRG ENERGY INC COM 629377508 411,694,356 10,558,973 SH DEFINED 1 9,259,232 0 1,299,741 NEWELL RUBBERMAID INC COM 651229106 33,063,303 1,445,728 SH DEFINED 1 1,412,328 0 33,400 NEWMONT MINING CORP COM 651639106 33,889,000 748,100 SH DEFINED 1 432,600 0 315,500 NOBLE ENERGY INC COM 655044105 1,016,954,370 13,969,151 SH DEFINED 1 12,020,153 0 1,948,998 OSHKOSH CORP COM 688239201 14,980,461 412,905 SH DEFINED 1 406,205 0 6,700 PMA CAPITAL CORPORATION-CL A COM 693419202 24,583,207 2,878,653 SH DEFINED 1 2,556,253 0 322,400 PACIFIC SUNWEAR OF CALIF COM 694873100 67,255,979 5,333,571 SH DEFINED 1 4,844,971 0 488,600 PACKAGING CORP OF AMERICA COM 695156109 71,392,797 3,197,154 SH DEFINED 1 3,113,254 0 83,900 PEOPLE'S UNITED FINANCIAL COM 712704105 34,360,069 1,985,006 SH DEFINED 1 1,910,906 0 74,100 PFIZER INC COM 717081103 10,484,000 500,900 SH DEFINED 1 500,900 0 0 PHILIP MORRIS INTERNATIONAL COM 718172109 335,787,184 10,413,093 SH DEFINED 1 9,320,614 0 1,092,479 PITNEY BOWES INC COM 724479100 966,219,112 27,590,499 SH DEFINED 1 23,989,806 0 3,600,693 PROGRESS ENERGY INC-CVO COM 743263AA3 38,270 99,280 SH DEFINED 1 75,880 0 23,400 QUANTUM CORP COM 747906204 62,263,693 29,095,328 SH DEFINED 1 27,491,928 0 1,603,400 RADIAN GROUP INC COM 750236101 69,274,083 10,544,028 SH DEFINED 1 9,255,718 0 1,288,310 RAYTHEON COMPANY COM 755111507 720,516,369 11,151,773 SH DEFINED 1 9,737,775 0 1,413,998 RBC BEARINGS INC COM 75524B104 18,970,856 510,928 SH DEFINED 1 440,028 0 70,900 RELIANCE STEEL & ALUMINUM COM 759509102 23,461,496 391,939 SH DEFINED 1 379,539 0 12,400 RELIANT ENERGY INC COM 75952B105 56,524 2,390 SH DEFINED 1 2,390 0 0 ROCKWOOD HOLDINGS INC COM 774415103 20,844,983 636,094 SH DEFINED 1 616,894 0 19,200 SANOFI-AVENTIS-ADR ADR 80105N105 500,557,231 13,333,968 SH DEFINED 1 11,422,242 0 1,911,726 SAPPI LTD -SPONSORED ADR ADR 803069202 119,050,190 10,361,205 SH DEFINED 1 9,730,405 0 630,800 SAUER-DANFOSS INC COM 804137107 60,832,659 2,747,657 SH DEFINED 1 2,508,407 0 239,250 SEAGATE TECH INC (33045Z US) COM 811804988 0 1,065 SH DEFINED 1 1,065 0 0 SMITHFIELD FOODS INC COM 832248108 91,546,956 3,553,831 SH DEFINED 1 3,356,806 0 197,025 SOUTHWESTERN ENERGY CO COM 845467109 28,139,121 835,248 SH DEFINED 1 809,448 0 25,800 SPRINT NEXTEL CORP COM 852061100 165,425,946 24,727,379 SH DEFINED 1 21,631,613 0 3,095,766 STANCORP FINANCIAL GROUP COM 852891100 549,000 11,500 SH DEFINED 1 11,500 0 0 STANDARD MICROSYSTEMS CORP COM 853626109 24,384,641 835,650 SH DEFINED 1 720,120 0 115,530 STORA ENSO OYJ-SPONS ADR ADR 86210M106 4,223,000 367,200 SH DEFINED 1 367,200 0 0 TELECOM ITALIA SPA-SPON ADR ADR 87927Y102 1,097,000 52,500 SH DEFINED 1 52,500 0 0 TELECOM ITALIA SPA-SPON ADR ADR 87927Y201 3,882,000 235,000 SH DEFINED 1 235,000 0 0 TEMPLE-INLAND INC COM 879868107 60,920,407 4,789,325 SH DEFINED 1 4,356,625 0 432,700 TEXAS INSTRUMENTS INC COM 882508104 475,000 16,808 SH DEFINED 1 10,250 0 6,558 TIMKEN CO COM 887389104 43,929,961 1,478,133 SH DEFINED 1 1,430,733 0 47,400 TOTAL SA-SPON ADR ADR 89151E109 8,881,000 120,000 SH DEFINED 1 120,000 0 0 TOWER GROUP INC COM 891777104 35,524,822 1,411,376 SH DEFINED 1 1,325,576 0 85,800 TRAVELERS COS INC/THE COM 89417E109 5,393,000 112,700 SH DEFINED 1 110,300 0 2,400 TYSON FOODS INC-CL A COM 902494103 239,126,958 14,992,263 SH DEFINED 1 12,747,481 0 2,244,782 UNION PACIFIC CORP COM 907818108 583,117,330 4,650,799 SH DEFINED 1 3,892,652 0 758,147 UNITED STATES STEEL CORP COM 912909108 302,915,640 2,387,605 SH DEFINED 1 2,043,886 0 343,719 UNITED UTILITIES PLC-SP ADR ADR 91311Q105 7,167,000 262,800 SH DEFINED 1 262,800 0 0 UNUM GROUP COM 91529Y106 570,494 25,922 SH DEFINED 1 25,922 0 0 VERIZON COMMUNICATIONS INC COM 92343V104 311,804,949 8,554,309 SH DEFINED 1 7,135,670 0 1,418,639 VIACOM INC-CLASS B COM 92553P201 1,210,791,487 30,560,099 SH DEFINED 1 26,332,670 0 4,227,429 WD-40 CO COM 929236107 45,917,120 1,380,971 SH DEFINED 1 1,184,020 0 196,951 WACHOVIA CORP COM 929903102 118,050,513 4,372,229 SH DEFINED 1 3,463,792 0 908,437 WARREN RESOURCES INC COM 93564A100 86,613,260 7,296,860 SH DEFINED 1 6,779,160 0 517,700 WAUSAU PAPER CORP COM 943315101 39,500,461 4,782,187 SH DEFINED 1 4,277,387 0 504,800 WELLS FARGO & COMPANY COM 949746101 572,452,094 19,671,895 SH DEFINED 1 16,527,792 0 3,144,103 WESCO INTERNATIONAL INC COM 95082P105 18,851,917 516,630 SH DEFINED 1 501,030 0 15,600 INGERSOLL-RAND CO LTD-CL A COM G4776G101 515,869,077 11,571,766 SH DEFINED 1 10,031,124 0 1,540,642 26,281,316,907