13F-HR 1 cmw1630.txt HOLDINGS REPORT 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, 2005 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: /s/ John L. Keeley, Jr., Chicago, IL, August 8, 2005 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: 254 Form 13F Information Table Value Total: 1,733,612.00 List of Other Included Managers: None VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CUSIP (X1000) PRN AMT PRN CALL DISCRET MANAGER SOLE SHARED NONE AFC Enterprises Inc. COM 00104q1073,756 285,000 SH SOLE 285,000 A E S Corp COM 00130H1056,798 415,000 SH SOLE 245,000 170,000 Adesa Inc COM 00686u10413,465 618,500 SH SOLE 495,500 123,000 Alleghany Energy Inc. COM 01736110619,521 774,030 SH SOLE 542,325 231,705 Allegheny Tech Inc COM 01741r10211,154 505,605 SH SOLE 394,205 111,400 Allete Inc COM 0185223007,090 142,093 SH SOLE 90,193 51,900 Allstate Corp COM 0200021013,908 65,400 SH SOLE 65,400 Alpha Natural Resource Inc. COM 02076x10213,536 566,855 SH SOLE 462,020 104,835 Amerco COM 02358610011,572 216,100 SH SOLE 164,700 51,400 Amerus Group Co COM 03072m108396 8,250 SH SOLE 8,250 Ametek COM 0311001002,808 67,100 SH SOLE 55,000 12,100 Apache Corp COM 0374111058,054 124,680 SH SOLE 69,680 55,000 Aqua America Inc COM 03836w1033,123 105,000 SH SOLE 105,000 Aquila Inc COM 03840p1022,989 828,000 SH SOLE 828,000 Arch Coal Inc. COM 039380100708 13,000 SH SOLE 13,000 Archipelago Holdings COM 03957a104506 13,000 SH SOLE 13,000 Aztar Corp COM 05480210314,289 417,195 SH SOLE 335,995 81,200 Bank of America COM 060505104798 17,500 SH SOLE 17,500 Bank Mutual Corp COM 063750103154 13,900 SH SOLE 13,900 BankAtlantic Bancorp Cl A CL A 06590850112,759 673,307 SH SOLE 525,267 148,040 Berkshire Hills Bancorp Inc. COM 0846801071,019 30,570 SH SOLE 30,300 270 Bluegreen Corp COM 0962311054,004 230,000 SH SOLE 230,000 Boardwalk Bank Wts *W EXP 109661111662 11,000 SH SOLE 11,000 Brinks Co COM 10969610416,753 465,351 SH SOLE 375,501 89,850 Brush Engineered Matl Inc Hldg COM 1174211074,620 323,950 SH SOLE 319,050 4,900 Bucyrus International CL A 11875910912,679 333,835 SH SOLE 265,835 68,000 C I T Group COM 12558110816,441 382,615 SH SOLE 266,115 116,500 CMS Energy Corp COM 12589610015,177 1,007,74SH SOLE 742,405 265,340 Calgon Carbon Corp COM 1296031063,872 437,500 SH SOLE 437,500 Canadian Pacific Limited COM 13645t1004,507 130,590 SH SOLE 130,590 Carrizo Oil & Gas Inc COM 1445771034,606 270,000 SH SOLE 270,000 Castle A M & Co COM 1484111014,677 302,500 SH SOLE 302,500 Centerpoint Energy Inc Holding COM 15189t10712,380 937,205 SH SOLE 686,805 250,400 Cenveo Inc. COM 15670s1053,591 475,000 SH SOLE 475,000 Certegy Inc COM 156880106381 9,965 SH SOLE 9,965 Champion Enterprises COM 1584961098,561 861,305 SH SOLE 705,805 155,500 Chemed Corp COM 16359r103262 6,400 SH SOLE 6,400 Chesapeake Energy COM 1651671071,858 81,500 SH SOLE 81,500 Chicago Bridge & Iron Company NY REGIS16725010924,977 1,092,61SH SOLE 909,947 182,670 Choice Hotels Holding Inc COM 1699051066,734 102,500 SH SOLE 60,700 41,800 Chiquita Brands Int'l Inc. COM 1700328095,473 199,300 SH SOLE 199,300 Cimarex Energy Co COM 17179810118,751 481,915 SH SOLE 387,055 94,860 Cincinnati Financial COM 172062101609 15,394 SH SOLE 15,394 Circor Intl Inc COM 17273k10911,308 458,357 SH SOLE 387,402 70,955 Citigroup Inc COM 172967101693 15,000 SH SOLE 15,000 Citizens First Bancorp COM 17461r1067,711 373,429 SH SOLE 362,964 10,465 Comerica COM 200340107448 7,750 SH SOLE 7,750 Commercial Metals Co COM 20172310318,429 773,678 SH SOLE 619,638 154,040 Compass Minerals Intl. Inc. COM 20451n1013,749 160,220 SH SOLE 160,220 Comstock Resources Inc. COM 20576820316,561 654,841 SH SOLE 526,421 128,420 Conseco Inc. New COM 20846488327,080 1,241,05SH SOLE 941,215 299,840 Corning Inc COM 219350105499 30,000 SH SOLE 30,000 Corus Bankshares Inc COM 220873103222 4,000 SH SOLE 4,000 Crane Co. COM 2243991053,866 147,000 SH SOLE 103,000 44,000 Crawford & Co. Cl B CL B 2246331073,005 405,000 SH SOLE 405,000 Crown Holdings Inc. COM 22836810612,836 902,040 SH SOLE 642,040 260,000 Danielson Holding Corp. COM 23627410627,629 2,270,23SH SOLE 1,732,824 537,415 Dean Foods Co. COM 2423701046,826 193,695 SH SOLE 123,195 70,500 Del Monte Foods Co. COM 24522P1034,715 437,750 SH SOLE 436,515 1,235 Deltic Timber Corp COM 24785010011,193 294,331 SH SOLE 237,361 56,970 Diamonds Trust Ser I Unit UNIT SER252787106298 2,900 SH SOLE 2,900 Dillard Dept Stores CL A 25406710113,326 569,010 SH SOLE 445,310 123,700 Dollar Thrifty Auto G COM 256743105319 8,400 SH SOLE 8,400 Donnelly RR & Sons. Co. COM 2578671015,965 172,840 SH SOLE 86,540 86,300 Dover Corp. COM 2600031084,521 124,280 SH SOLE 91,180 33,100 Dun & Bradstreet COM 26483e10010,139 164,465 SH SOLE 118,245 46,220 Duquesne Lt Hldgs Inc COM 26623310511,593 620,600 SH SOLE 525,200 95,400 E*Trade Group Inc COM 269246104294 21,000 SH SOLE 21,000 El Paso Corporation COM 28336l1093,974 345,000 SH SOLE 345,000 Emeritus Corp COM 2910051062,729 193,000 SH SOLE 193,000 Encore Acquisition Co. COM 29255w1004,264 104,000 SH SOLE 104,000 Enpro Industries Inc. COM 29355x10722,858 791,764 SH SOLE 638,589 153,175 Equifax Inc. COM 2944291051,453 40,675 SH SOLE 40,675 FMC Technologies Inc. COM 30249u10124,412 763,580 SH SOLE 578,580 185,000 Fidelity National Financial In COM 31632610710,903 305,488 SH SOLE 199,948 105,540 First Niagara Financial COM 33582v108437 30,000 SH SOLE 30,000 Fleetwood Enterprises COM 3390991034,390 432,500 SH SOLE 432,500 Florida Pub Utilities Company COM 3411351011,730 91,000 SH SOLE 91,000 Flowers Foods Inc COM 34349810132,928 931,208 SH SOLE 698,946 232,262 Flowserve Corp. COM 34354p1055,607 185,300 SH SOLE 167,500 17,800 Fortune Brands COM 34963110111,322 127,501 SH SOLE 85,671 41,830 Foundation Coal Holdings COM 35039w10024,141 930,631 SH SOLE 697,631 233,000 Frieghtcar America Inc. COM 3570231003,589 181,000 SH SOLE 181,000 GP Strategies Corp. COM 36225v1042,481 304,800 SH SOLE 304,800 Gardner Denver Inc COM 3655581057,546 215,100 SH SOLE 140,000 75,100 Gaylord Entmt Co. COM 36790510614,135 304,040 SH SOLE 270,840 33,200 Gencorp COM 36868210013,773 715,090 SH SOLE 615,615 99,475 General Cable Corp. COM 3693001085,732 386,500 SH SOLE 386,500 Giant Inds. Inc. COM 374508109576 16,000 SH SOLE 16,000 Global Power Equipment Group COM 37941P1087,276 915,170 SH SOLE 790,170 125,000 Goodrich Petroleum Corp. COM 38241040512,635 613,955 SH SOLE 459,455 154,500 Gray Television Inc COM 389375106321 26,620 SH SOLE 26,620 Griffon Corp COM 3984331024,275 192,580 SH SOLE 175,280 17,300 Halliburton Co COM 406216101574 12,000 SH SOLE 12,000 Hartford Financial Svcs Group COM 4165151048,597 114,958 SH SOLE 70,358 44,600 Hearst-Argyle Television COM 4223171076,766 276,163 SH SOLE 183,763 92,400 Hexcel Corp COM 42829110813,444 794,535 SH SOLE 651,345 143,190 HomeFederal Bancorp COM 43709a1013,689 296,800 SH SOLE 296,800 Honeywell COM 4385161066,972 190,345 SH SOLE 105,845 84,500 Hornbeck Offshores Services In COM 440543106542 20,000 SH SOLE 20,000 Hudson City Bancorp Inc. COM 4436831077,564 662,920 SH SOLE 451,420 211,500 IHOP Corporation COM 4496231077,419 170,980 SH SOLE 125,480 45,500 ITT Corp. COM 45091110211,952 122,420 SH SOLE 87,690 34,730 Independent Bank Corp - MI COM 453838104427 15,000 SH SOLE 15,000 Interactive Data Corp COM 45840j1076,059 291,560 SH SOLE 257,160 34,400 Invitrogen Corp COM 46185R100225 2,700 SH SOLE 2,700 IShares Inc MSCI Singapore Ind MSCI SIN464286673418 55,200 SH SOLE 55,200 IShares Russell 2000 RUSSELL 464287655784 12,300 SH SOLE 12,300 JP Morgan Chase & Co COM 46625h100530 15,000 SH SOLE 15,000 Jacuzzi Brands Inc COM 4698651095,160 480,900 SH SOLE 440,000 40,900 Jefferies Group Inc. COM 4723191029,183 242,355 SH SOLE 177,955 64,400 Journal Register Co COM 4811381056,084 347,480 SH SOLE 347,480 Joy Global Inc COM 48116510819,581 582,942 SH SOLE 458,620 124,322 KCS Energy Inc COM 48243420614,845 854,630 SH SOLE 664,530 190,100 KFX Inc. COM 48245l1073,965 277,500 SH SOLE 277,500 KMG America Corp. COM 482563103149 15,000 SH SOLE 15,000 Kansas City Southern Ind Inc COM 48517030218,309 907,262 SH SOLE 737,687 169,575 LSI Logic COM 502161102425 50,000 SH SOLE 50,000 La Quinta Corp. COM 50419u2024,478 480,000 SH SOLE 480,000 Labranche & Co. Inc. COM 5054471023,194 507,000 SH SOLE 507,000 Laidlaw Intl Inc COM 50730r10215,627 648,415 SH SOLE 484,105 164,310 Lamson & Sessions COM 5136961042,415 204,300 SH SOLE 204,300 Leucadia National Corp COM 52728810415,297 395,984 SH SOLE 248,884 147,100 Levitt Corp FL Cl A CL A 52742p10815,256 509,885 SH SOLE 398,430 111,455 Limited Brands Inc COM 5327161072,646 123,520 SH SOLE 123,520 Longview Fibre Co Washington COM 54321310211,984 583,160 SH SOLE 396,760 186,400 Lubrizol Corp COM 549271104210 5,000 SH SOLE 5,000 MAF Bancorp Inc COM 55261R108222 5,200 SH SOLE 5,200 Manitowoc Company Inc. COM 5635711085,201 126,800 SH SOLE 110,200 16,600 Marathon Oil Corp COM 5658491063,672 68,800 SH SOLE 68,800 Marcus Corp. COM 5663301064,159 196,000 SH SOLE 196,000 Marshall & Ilsley Corp COM 571834100729 16,400 SH SOLE 16,400 Marriott Intl Cl A CL A 5719032028,386 122,920 SH SOLE 70,220 52,700 Martin Marietta Mater COM 5732841069,065 131,155 SH SOLE 106,165 24,990 Masco Corp. COM 5745991064,101 129,120 SH SOLE 129,120 Massey Energy Co. COM 57620610614,339 380,145 SH SOLE 288,645 91,500 McDermott Int'l COM 58003710917,979 856,150 SH SOLE 688,315 167,835 Meadowbrook Insurance Group In COM 58319p1081,991 380,000 SH SOLE 380,000 Mercer Insurance Group Inc. COM 587902107356 27,500 SH SOLE 27,500 Meredith Corp. COM 5894331014,456 90,820 SH SOLE 90,820 Merrill Lynch & Co. COM 590188108459 8,350 SH SOLE 8,350 Methode Electrs COM 5915202009,409 792,646 SH SOLE 645,676 146,970 MetLife Inc COM 59156r1089,819 218,500 SH SOLE 141,000 77,500 Microsoft Corp COM 594918104204 8,200 SH SOLE 8,200 Midas Inc. COM 5956261025,060 220,000 SH SOLE 220,000 S&P MidCap 400 Spdrs UNIT SER595635103526 4,200 SH SOLE 4,200 MoneyGram Intl Inc COM 60935y10914,280 746,870 SH SOLE 599,570 147,300 Moody Corp COM 61536910511,921 265,150 SH SOLE 196,150 69,000 Moog Inc. Cl A CL A 6153942023,351 106,422 SH SOLE 71,472 34,950 Moog Inc. Cl B CL B 6153943012,245 70,500 SH SOLE 70,500 Movado Group Inc. COM 6245801065,041 267,000 SH SOLE 267,000 National Semiconductor COM 637640103441 20,000 SH SOLE 20,000 Neenah Paper COM 6400791096,566 212,000 SH SOLE 212,000 NewAlliance Bancshares Inc COM 65020310216,031 1,140,98SH SOLE 883,155 257,825 Newell Rubbermaid Inc. COM 6512291069,030 378,775 SH SOLE 234,275 144,500 North Folk Bancorp Inc. NY COM 6594241055,933 211,206 SH SOLE 205,325 5,881 Northern Trust Corp. COM 665859104615 13,500 SH SOLE 13,500 Occidental Petroleum COM 6745991058,750 113,735 SH SOLE 93,735 20,000 Old Republic Intl COM 680223104948 37,475 SH SOLE 22,175 15,300 Oregon Steel Mills Inc COM 68607910413,266 770,830 SH SOLE 646,230 124,600 PHH Corp. COM 6933202026,302 245,005 SH SOLE 245,005 PNC Financial Corp COM 693475105408 7,500 SH SOLE 7,500 Parker Drilling COM 7010811015,951 849,000 SH SOLE 849,000 Partners Trust Financial Group COM 70213f1021,502 140,603 SH SOLE 140,603 Pentair Inc. COM 709631105248 5,800 SH SOLE 5,800 Phoenix Cos Inc COM 71902e1099,664 812,060 SH SOLE 615,560 196,500 Pinnacle Entertainment Inc. COM 7234561094,440 227,000 SH SOLE 227,000 Pioneer Drilling Company COM 7236551062,045 134,000 SH SOLE 134,000 Pioneer Natural Resources COM 7237871079,580 227,650 SH SOLE 150,750 76,900 Plains Expl & Prod Co COM 72650510022,088 621,665 SH SOLE 487,430 134,235 Popular Inc COM 733174106378 15,000 SH SOLE 15,000 Principal Financial Group Inc. COM 74251v1029,053 216,070 SH SOLE 126,770 89,300 Private Bancorp Inc. COM 7429621032,972 84,000 SH SOLE 84,000 Proquest Co COM 74346p102239 7,300 SH SOLE 7,300 Providence & Worcester RR COM 7437371084,608 323,845 SH SOLE 238,145 85,700 Provident Financial Services COM 74386t105682 38,825 SH SOLE 38,825 Prudential Financial Inc. COM 74432010211,436 174,175 SH SOLE 114,215 59,960 Quicksilver Res Inc COM 74837r1045,958 93,200 SH SOLE 93,200 RH Donnelly Corp. COM 74955w3073,317 53,520 SH SOLE 53,315 205 Rainier Pacific Financial Grou COM 75087u101952 60,590 SH SOLE 60,590 Ralcorp Holdings Inc COM 75102810118,126 440,495 SH SOLE 376,035 64,460 Range Resources Corp. COM 75281a1099,442 351,000 SH SOLE 250,200 100,800 Regal Beloit Corp. COM 7587501037,809 267,800 SH SOLE 208,600 59,200 Regional Bk Holders Trust DEPOSITR75902e100590 4,400 SH SOLE 4,400 Reliant Energy Inc. COM 75952B1053,278 264,800 SH SOLE 264,800 Remington Oil & Gas Corp. COM 75959430212,777 357,895 SH SOLE 247,395 110,500 Rockwell Automation Corp. COM 77390310911,869 243,665 SH SOLE 168,705 74,960 Royal Gold Inc COM 780287108235 11,700 SH SOLE 11,700 Ryerson Tull Inc. New COM 78375P1074,178 292,800 SH SOLE 292,800 SPDR Trust Ser 1 Unit UNIT SER78462f103882 7,400 SH SOLE 7,400 SWS Group Inc. COM 78503n1074,166 242,500 SH SOLE 242,500 St. Joe Corp. COM 79014810020,555 252,090 SH SOLE 189,240 62,850 Sauer Danfoss Inc. COM 8041371073,464 194,950 SH SOLE 144,950 50,000 Sector Sdpr Tr Shs Ben Int Ene SBI INT-81369y506445 10,000 SH SOLE 10,000 Spdr Fd Financial SBI INT-81369Y605221 7,500 SH SOLE 7,500 Sector Sdpr Industrial SBI INT-81369y704411 14,000 SH SOLE 14,000 ServiceMaster Co COM 81760n109221 16,500 SH SOLE 16,500 Sirius Satellite Radio Inc COM 82966u103421 65,000 SH SOLE 65,000 Smucker JM Co. COM 8326964055,151 109,728 SH SOLE 84,928 24,800 Southern Union Co COM 8440301068,228 335,145 SH SOLE 209,345 125,800 Southwestern Energy Co. COM 845467109705 15,000 SH SOLE 15,000 Soverign Bancorp Inc. COM 845905108447 20,000 SH SOLE 20,000 Spinnaker Exploration Co. COM 84855w1096,095 171,750 SH SOLE 159,050 12,700 Sprint Corp COM-FON 852061100236 9,400 SH SOLE 9,400 Stage Stores Inc COM 85254c3056,460 148,172 SH SOLE 148,172 Standard Parking Corp COM 8537901033,750 230,300 SH SOLE 230,300 Steak N Shake COM 8578731039,125 490,045 SH SOLE 366,745 123,300 Superior Essex Inc COM 86815v1054,472 252,500 SH SOLE 252,500 Sybron Dental Specialties Inc. COM 87114210528,789 765,255 SH SOLE 567,275 197,980 Talisman Energy Inc. COM 87425e103751 20,000 SH SOLE 20,000 Teledyne COM 8793601055,086 156,100 SH SOLE 156,100 Tenneco Automotive Inc COM 8803491056,247 375,400 SH SOLE 314,100 61,300 Terex Corp. COM 88077910313,227 335,710 SH SOLE 268,910 66,800 Texas Indust COM 88249110310,889 193,655 SH SOLE 193,655 Texas Instruments COM 882508104421 15,000 SH SOLE 15,000 Textron COM 88320310110,325 136,120 SH SOLE 86,520 49,600 Thomas & Betts Corp. COM 8843151027,602 269,200 SH SOLE 180,900 88,300 Tierone Corporation COM 88650r10811,599 427,544 SH SOLE 358,874 68,670 Timken Co. COM 8873891048,180 354,111 SH SOLE 335,371 18,740 Titan Intl. Inc. COM 88830m1023,495 250,000 SH SOLE 250,000 Triarc Co. Inc. CL A 89592710114,110 876,389 SH SOLE 705,669 170,720 Triarc Co Inc Cl B Ser I CL B SER8959273095,424 365,015 SH SOLE 285,365 79,650 US Concrete Inc COM 90333L102751 116,000 SH SOLE 116,000 Union Pacific Corp COM 9078181084,291 66,223 SH SOLE 66,223 Unionbancal Corp COM 908906100555 8,300 SH SOLE 8,300 United Financial Corp COM 909919102360 14,915 SH SOLE 14,915 Unitrin Inc COM 91327510319,928 405,871 SH SOLE 300,521 105,350 Universal Compression Holding COM 9134311025,206 143,640 SH SOLE 141,840 1,800 Unocal Corp COM 915289102520 8,000 SH SOLE 8,000 Vail Resorts Inc. COM 91879q1096,445 229,345 SH SOLE 226,745 2,600 Van Der Moolen Hldg. SPONSORE9210201033,091 656,325 SH SOLE 656,325 Veritas DGC Inc. COM 92343p1074,855 175,000 SH SOLE 175,000 WCI Cmntys Inc COM 92923c1047,700 240,405 SH SOLE 238,005 2,400 W Holding Company Inc. COM 929251106313 30,600 SH SOLE 30,600 Wabtec COM 9297401089,228 429,607 SH SOLE 396,907 32,700 Waddell & Reed Fin Cl A CL A 9300591003,546 191,700 SH SOLE 175,000 16,700 Walter Industries COM 93317Q1054,100 102,000 SH SOLE 102,000 Water Pik Technologies Inc. COM 94113u10011,650 611,540 SH SOLE 536,515 75,025 Watts Water Technologies Cl A CL A 9427491025,818 173,710 SH SOLE 151,010 22,700 Webster Finl Corp Waterbury CT COM 9478901098,810 188,700 SH SOLE 97,400 91,300 Wesco International Inc. COM 95082p10516,981 541,155 SH SOLE 413,055 128,100 Westar Energy Inc COM 95709t10022,625 941,529 SH SOLE 665,534 275,995 Western Gas Resourse Inc. COM 9582591034,677 134,000 SH SOLE 134,000 Whiting Pete Corp. COM 9663871024,966 136,755 SH SOLE 134,755 2,000 Willbros Group Inc COM 96919910812,983 906,650 SH SOLE 735,210 171,440 Williams Cos. COM 969457100684 36,000 SH SOLE 36,000 Wintrust Financial Corp COM 97650W1082,932 56,000 SH SOLE 56,000 Wright Express COM 98233q10510,260 555,485 SH SOLE 404,685 150,800 Ace Ltd. ORD g0070K103449 10,000 SH SOLE 10,000 Foster Wheeler Ltd SHS NEW g365351399,975 507,390 SH SOLE 449,090 58,300 Ingersoll Rand CL A g4776G1016,451 90,420 SH SOLE 49,120 41,300 Orient Express Hotels Ltd CL A g6774310711,617 366,820 SH SOLE 308,420 58,400 WP Stewart & Co. Ltd. COM g84922106278 11,506 SH SOLE 11,306 200 Transocean Inc ORD g90078109432 8,000 SH SOLE 8,000
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