13F-HR 1 slp337.txt FORM 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2002 Check here if Amendment [ x ]; Amendment Number: This Amendment (Check only one.): [ x ] is a restatement. [ ] adds new holdings entries. Institutional investment Manager Filing this Report: Name: Keeley Asset Management Corp. Address: 401 S. LaSalle Street Suite 1201 Chicago, IL 60605 13F File Number: 28-6810 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: John L. Keeley, Jr. Title: President Phone: 312-786-5000 Signature, Place, and Date of Signing: John L. Keeley, Jr., Chicago, IL, August 6, 2002 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT List of other Managers Reporting for this Manager: None 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: 0 Form 13F Information Table Entry Total: 187 Form 13F Information Table Value Total: 829,749 List of Other Included Managers: None VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X1000)PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE Boston Private Financial Hldgs COM 101119105 5,737 231,880 SH SOLE 160,880 71,000 Bowne & Co Inc COM 103043105 5,685 385,690 SH SOLE 247,890 137,800 Brookline Bancorp Inc COM 113739106 2,645 104,535 SH SOLE 104,535 Cuno Inc COM 126583103 905 25,000 SH SOLE 25,000 Canadian Pacific Limited COM 135923100 8,092 330,005 SH SOLE 178,205 151,800 Catellus Developement COM 149111106 10,669 522,485 SH SOLE 328,285 194,200 Cendant Corp. COM 151313103 5,952 374,790 SH SOLE 162,190 212,600 Central Parking Corp COM 154785109 6,000 262,565 SH SOLE 160,965 101,600 Ceres Group COM 156772105 117 30,000 SH SOLE 30,000 Ceridian Corp COM 156779100 7,496 394,925 SH SOLE 188,525 206,400 Certegy Inc COM 156880106 8,323 224,270 SH SOLE 104,480 119,790 Charter One Financial Inc COM 160903100 258 7,500 SH SOLE 7,500 Chemed Corp COM 163596109 8,388 222,560 SH SOLE 104,660 117,900 Chesapeake Corp COM 165159104 1,879 71,365 SH SOLE 48,865 22,500 Chesterfield Financial Corp COM 166435107 4,678 257,905 SH SOLE 234,705 23,200 Chicago Bridge & Iron Company NY REGISTRY SH 167250109 8,840 313,600 SH SOLE 215,900 97,700 Choice Hotels Holding Inc COM 169905106 12,386 619,005 SH SOLE 345,005 274,000 Chiquita Brands Intl Inc. *W EXP 01/01/200170032114 202 31,500 SH SOLE 31,500 Chiquita Brands Int'l Inc. COM 170032809 6,144 343,040 SH SOLE 234,440 108,600 Cincinnati Financial COM 172062101 3,175 68,245 SH SOLE 52,895 15,350 Citigroup Inc COM 172967101 240 6,200 SH SOLE 6,200 Comerica COM 200340107 1,667 27,150 SH SOLE 27,150 Comstock Resources Inc. COM 205768203 2,980 392,070 SH SOLE 248,070 144,000 Connecticut Bankshares COM 207540105 830 25,000 SH SOLE 25,000 Corus Bankshares Inc COM 220873103 276 6,000 SH SOLE 6,000 Cox Communications, Inc. CL A 224044107 2,124 77,100 SH SOLE 63,600 13,500 Crane Co. COM 224399105 5,472 215,595 SH SOLE 87,995 127,600 Curtiss-Wright CL B 231561408 245 3,247 SH SOLE 3,247 DTE Energy Co COM 233331107 237 5,300 SH SOLE 5,300 Delphi Corporation COM 247126105 1,420 107,565 SH SOLE 107,565 Deltic Timber Corp COM 247850100 6,647 192,780 SH SOLE 127,080 65,700 Dollar Gen Corp. COM 256669102 211 11,100 SH SOLE 11,100 Dover Corp. COM 260003108 1,921 54,875 SH SOLE 45,375 9,500 Dover Downs Gaming & Entertain COM 260095104 5,052 394,707 SH SOLE 269,377 125,330 Dover Motorsports COM 260174107 3,710 650,900 SH SOLE 442,200 208,700 Equifax Inc. COM 294429105 8,695 322,045 SH SOLE 145,595 176,450 Evergreen Resource Inc. COM 299900308 4,239 99,735 SH SOLE 80,185 19,550 Fidelity National Financial In COM 316326107 9,612 304,169 SH SOLE 147,709 156,460 Financial Inds. Corp. COM 317574101 307 17,000 SH SOLE 17,000 Flowers Foods Inc COM 343498101 16,029 620,084 SH SOLE 354,884 265,200 Fording Inc COM 345426100 2,421 127,330 SH SOLE 89,330 38,000 Fortune Brands COM 349631101 9,117 162,800 SH SOLE 81,800 81,000 Furniture Brands Int'l Inc COM 360921100 4,709 155,675 SH SOLE 106,675 49,000 Gaylord Entmt Co. COM 367905106 6,166 279,640 SH SOLE 129,640 150,000 Gencorp COM 368682100 3,053 213,515 SH SOLE 163,015 50,500 Getty Realty Corporation COM 374297109 1,737 85,800 SH SOLE 85,800 Gray Communications Systems In COM 389190109 579 32,000 SH SOLE 32,000 Greenpoint Financial Corp COM 395384100 6,284 127,980 SH SOLE 69,180 58,800 Griffon Corp COM 398433102 4,268 235,785 SH SOLE 223,135 12,650 Harbor FL Bancshares COM 411901101 3,652 175,510 SH SOLE 99,110 76,400 Hartford Financial Svcs Group COM 416515104 6,194 104,155 SH SOLE 46,805 57,350 Hearst-Argyle Television COM 422317107 4,928 218,540 SH SOLE 92,040 126,500 Hudson City Bancorp Inc. COM 443683107 5,691 286,000 SH SOLE 182,000 104,000 Hudson River Bancorp Inc COM 444128102 5,092 188,680 SH SOLE 160,480 28,200 IHOP Corporation COM 449623107 289 9,800 SH SOLE 9,800 ITT Corp. COM 450911102 11,208 158,755 SH SOLE 89,255 69,500 JLG Industries Inc. COM 466210101 2,537 180,800 SH SOLE 85,800 95,000 Jefferies Group Inc. COM 472319102 7,111 168,900 SH SOLE 112,700 56,200 Journal Register Co COM 481138105 5,279 262,660 SH SOLE 168,660 94,000 Joy Global Inc COM 481165108 6,150 354,675 SH SOLE 256,525 98,150 Kansas City Southern Ind Inc COM 485170302 9,911 583,029 SH SOLE 411,929 171,100 Key Energy Service COM 492914106 3,118 296,915 SH SOLE 213,715 83,200 Lennar Corp COM 526057104 15,149 247,535 SH SOLE 142,735 104,800 Liberty Media Corp SER A 530718105 1,000 100,000 SH SOLE 75,000 25,000 Limited Brands Inc COM 532716107 1,717 80,620 SH SOLE 80,620 Local Financial Corp. COM 539553107 245 15,000 SH SOLE 15,000 Manitowoc Company Inc. COM 563571108 6,153 173,380 SH SOLE 109,180 64,200 Marathon Oil Corp COM 565849106 2,419 89,200 SH SOLE 59,200 30,000 Marshall & Ilsley Corp COM 571834100 217 7,000 SH SOLE 7,000 Marriott Intl CL A 571903202 6,280 165,045 SH SOLE 73,895 91,150 Martin Marietta Mater COM 573284106 4,870 124,860 SH SOLE 60,410 64,450 Masco Corp. COM 574599106 5,729 211,335 SH SOLE 116,735 94,600 McDermott Int'l COM 580037109 365 45,000 SH SOLE 40,000 5,000 Media General Inc CL A 584404107 7,448 124,130 SH SOLE 61,030 63,100 Meredith Corp. COM 589433101 7,595 198,040 SH SOLE 101,340 96,700 Methode Electrs CL A 591520200 7,920 620,215 SH SOLE 462,215 158,000 Midas Inc. COM 595626102 422 34,000 SH SOLE 34,000 Mony Group Inc. COM 615337102 11,377 334,525 SH SOLE 188,300 146,225 Moody Corp COM 615369105 11,251 226,160 SH SOLE 93,160 133,000 Moog Inc. CL A 615394202 2,573 60,000 SH SOLE 32,250 27,750 Moog Inc. CL B 615394301 660 16,500 SH SOLE 16,500 Moore Corp. COM 615785102 4,517 393,510 SH SOLE 280,410 113,100 Morgan Group CL A 617358106 199 110,600 SH SOLE 110,600 Neiman Marcus Group CL B 640204301 3,218 99,695 SH SOLE 75,745 23,950 New York Times CL A 650111107 787 15,285 SH SOLE 15,285 Nortek Inc COM 656559101 2,661 59,000 SH SOLE 59,000 Occidental Petroleum COM 674599105 3,491 116,410 SH SOLE 90,960 25,450 Oceaneering Intl Inc COM 675232102 213 7,900 SH SOLE 7,900 OceanFirst Financial Corp COM 675234108 869 36,000 SH SOLE 36,000 Old Republic Intl COM 680223104 14,292 453,724 SH SOLE 235,024 218,700 Oregon Trail Financial COM 685932105 652 34,500 SH SOLE 34,500 Pico Holdings Inc. COM 693366205 2,154 129,975 SH SOLE 79,475 50,500 Patterson Dental Co. COM 703412106 312 6,200 SH SOLE 6,200 Paxson Communications Corp COM 704231109 2,734 497,060 SH SOLE 329,560 167,500 Pepsi Bottling Group Inc. COM 713409100 8,770 284,725 SH SOLE 118,225 166,500 Pepsico Inc COM 713448108 6,326 131,250 SH SOLE 51,900 79,350 Prima Energy Corp. COM 741901201 501 22,000 SH SOLE 22,000 Providence & Worcester RR COM 743737108 2,144 258,905 SH SOLE 177,205 81,700 Provident Finl Holding Inc COM 743868101 941 28,000 SH SOLE 28,000 Prudential Financial Inc. COM 744320102 7,271 217,965 SH SOLE 122,765 95,200 Pulitzer Pubg Co COM 745769109 5,716 110,130 SH SOLE 71,130 39,000 R & G Finl Corp CL B 749136107 273 11,500 SH SOLE 11,500 Ralcorp Holdings Inc COM 751028101 10,306 329,785 SH SOLE 240,785 89,000 Regal Beloit Corp. COM 758750103 2,185 89,900 SH SOLE 59,900 30,000 Rockwell Automation Corp. COM 773903109 7,863 393,530 SH SOLE 204,130 189,400 Roslyn Bancorp COM 778162107 4,951 226,800 SH SOLE 226,800 Ryder Systems COM 783549108 2,194 81,000 SH SOLE 60,000 21,000 St. Joe Corp. COM 790148100 8,126 270,700 SH SOLE 146,800 123,900 Sara Lee Corp COM 803111103 6,115 296,290 SH SOLE 128,490 167,800 Sauer Danfoss Inc. COM 804137107 1,872 167,750 SH SOLE 112,750 55,000 Stancorp Financial Corp COM 852891100 6,441 116,050 SH SOLE 79,050 37,000 Steak N Shake COM 857873103 3,319 212,075 SH SOLE 80,575 131,500 Sybron Dental Specialties Inc. COM 871142105 10,909 589,690 SH SOLE 346,390 243,300 Tasty Baking COM 876553306 3,666 271,525 SH SOLE 159,465 112,060 Teleflex Inc. COM 879369106 217 3,800 SH SOLE 3,800 Textron COM 883203101 7,715 164,505 SH SOLE 74,505 90,000 Thomas & Betts Corp. COM 884315102 2,828 152,020 SH SOLE 73,120 78,900 Thomas Indust COM 884425109 3,672 127,500 SH SOLE 127,500 Timken Co. COM 887389104 5,185 232,195 SH SOLE 157,995 74,200 Triarc Co. Inc. COM 895927101 3,675 133,150 SH SOLE 76,950 56,200 Tyco Intl Inc. COM 902124106 277 20,500 SH SOLE 20,500 Tyler Corp COM 902252105 855 160,785 SH SOLE 160,785 U S Bancorp COM 902973304 234 10,000 SH SOLE 10,000 Union Pacific Corp COM 907818108 5,859 92,590 SH SOLE 46,190 46,400 Unionbancal Corp COM 908906100 234 5,000 SH SOLE 5,000 United Financial Corp COM 909919102 278 12,100 SH SOLE 12,100 Unitrin Inc COM 913275103 11,588 323,960 SH SOLE 183,460 140,500 Viacom Inc CL B 925524308 6,691 150,797 SH SOLE 71,996 78,801 Wabtec COM 929740108 2,724 191,180 SH SOLE 182,780 8,400 Waddell & Reed Fin CL A 930059100 9,283 405,025 SH SOLE 227,725 177,300 Wal Mart Stores COM 931142103 341 6,200 SH SOLE 6,200 Washington Mutual Inc. COM 939322103 251 6,775 SH SOLE 6,775 Watts Industries Inc. CL A 942749102 1,417 71,390 SH SOLE 64,590 6,800 Waypoint Financial COM 946756103 3,371 172,420 SH SOLE 130,420 42,000 Willbros Group Inc COM 969199108 8,416 495,055 SH SOLE 335,055 160,000 Zale Corp COM 988858106 5,829 160,805 SH SOLE 87,305 73,500 AG Services Amer Inc COM 001250109 3,416 279,550 SH SOLE 174,050 105,500 Alleghany Corp COM 017175100 1,261 6,600 SH SOLE 6,600 Allegiant Bancorp Inc COM 017476102 249 13,700 SH SOLE 13,700 Allstate Corp COM 020002101 5,920 160,095 SH SOLE 71,995 88,100 American Financial Hldgs Inc COM 026075101 1,955 65,325 SH SOLE 32,325 33,000 AON Corp COM 037389103 4,142 140,515 SH SOLE 52,215 88,300 Apache Corp COM 037411105 4,785 83,250 SH SOLE 26,400 56,850 Arch Chemicals Inc. COM 03937r102 6,600 267,205 SH SOLE 114,505 152,700 Axcelis Technologies Inc. COM 054540109 3,338 295,370 SH SOLE 254,070 41,300 Aztar COM 054802103 4,172 200,600 SH SOLE 107,100 93,500 BKF Capital Group Inc. COM 05548g102 599 21,000 SH SOLE 21,000 Bank Mutual Corp COM 063748107 224 11,000 SH SOLE 11,000 Banner Corporation COM 06652v109 223 9,000 SH SOLE 9,000 Berkshire Hills Bancorp Inc. COM 084680107 7,734 295,205 SH SOLE 204,505 90,700 Blackrock Inc CL A 09247x101 1,460 32,960 SH SOLE 29,760 3,200 CFS Bancorp COM 12525d102 7,312 472,933 SH SOLE 306,069 166,864 CNA Surety Corp COM 12612L108 5,748 395,060 SH SOLE 261,360 133,700 Circor Intl Inc COM 17273k109 3,150 183,645 SH SOLE 134,245 49,400 Citizens Communications Cl B COM 17453b101 8,520 1,019,121 SH SOLE 554,021 465,100 Citizens First Bancorp COM 17461r106 5,433 241,580 SH SOLE 156,080 85,500 Del Monte Foods Co. COM 24522P103 896 75,915 SH SOLE 55,615 20,300 Dial Corp. COM 25247D101 1,633 81,550 SH SOLE 50,550 31,000 Dun & Bradstreet COM 26483e100 14,867 449,834 SH SOLE 252,134 197,700 Emcor Group Inc. COM 29084q100 2,366 40,300 SH SOLE 40,300 Encore Acquisition Co. COM 29255w100 690 40,000 SH SOLE 40,000 Energizer Holdings Inc. COM 29266r108 7,991 291,415 SH SOLE 88,265 203,150 FMC Technologies Inc. COM 30249u101 11,747 565,870 SH SOLE 350,170 215,700 First Niagara Financial COM 33582u100 7,101 255,800 SH SOLE 124,300 131,500 Flowserve Corp. COM 34354p105 4,979 167,090 SH SOLE 104,090 63,000 Grant Prideco Inc. COM 38821g101 721 53,000 SH SOLE 53,000 Hancock John Financial Service COM 41014s106 11,669 331,499 SH SOLE 188,099 143,400 Harvest Natural Resources Inc. COM 41754v103 500 100,000 SH SOLE 100,000 Interactive Data Corp. COM 45840j107 4,093 281,100 SH SOLE 228,600 52,500 Interstate Bakeries COM 46072H108 12,288 425,480 SH SOLE 236,080 189,400 KB Home COM 48666k109 10,429 202,475 SH SOLE 101,575 100,900 Magnum Hunter Res *W EXP 11/01/20055972f146 72 86,692 SH SOLE 62,392 24,300 Magnum Hunter Res COM 55972f203 4,089 518,260 SH SOLE 396,760 121,500 MetLife Inc COM 59156r108 6,460 224,290 SH SOLE 97,090 127,200 Ocean Energy Inc COM 67481e106 3,454 159,400 SH SOLE 101,400 58,000 Partners Trust Financial Group COM 70213a103 4,693 293,300 SH SOLE 232,200 61,100 PepsiAmericas Inc COM 71343p200 1,762 117,950 SH SOLE 83,000 34,950 Phoenix Cos Inc COM 71902e109 1,875 102,205 SH SOLE 66,205 36,000 Principal Financial Group Inc. COM 74251v102 7,958 256,720 SH SOLE 126,520 130,200 Pure Resources Inc COM 74622e102 6,312 303,478 SH SOLE 203,878 99,600 RH Donnelly Corp. COM 74955w307 7,053 252,165 SH SOLE 167,665 84,500 Regional Bk Holders Trust DEPOSITRY RCPT 75902e100 291 2,500 SH SOLE 2,500 Viad Corp COM 92552R109 1,500 57,700 SH SOLE 57,700 Walter Industries COM 93317Q105 8,834 661,700 SH SOLE 331,900 329,800 Water Pik Technologies Inc. COM 94113u100 4,848 387,535 SH SOLE 294,035 93,500 Partnerre Ltd COM g6852t105 220 4,500 SH SOLE 4,500 WP Stewart & Co. Ltd. COM g84922106 2,819 110,471 SH SOLE 49,521 60,950