13F-HR 1 dechold.txt HOLDINGS FOR DECEMBER 31,2006 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. Form 13F Form 13FCOVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2006 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: Barrow, Hanley, Mewhinney & Strauss, Inc. Address: 2200 Ross Ave, Suite 3100 Dallas, TX 75201 Form 13F File Number: 28-1006 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: James P. Barrow Title: President Phone: 214-665-1900 Signature, Place, and Date of Signing: James P. Barrow Dallas, TX 02/08/07 [Signature] [City, State] [Date] 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: 2 Form 13F Information Table Entry Total: 231 Form 13F Information Table Value Total: $56,879,144 (thousands) List of Other Included Managers: NO. Form 13F File Number Name 01 028-11931 Old Mutual (US) Holdings Inc. 02 028-11581 Old Mutual Capital, Inc. FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 21st Century Insurance COM 90130N103 16799 951800 SH DEFINED 01 434700 517100 3M Co. COM 88579Y101 161268 2069400 SH DEFINED 01 1452000 617400 312 4000 SH OTHER 01 02 4000 ALCOA COM 013817101 52274 1741900 SH DEFINED 01 1203100 538800 AXIS Capital Holdings COM G0692U109 110242 3303625 SH DEFINED 01 520825 2782800 Advance Auto Parts COM 00751Y106 152138 4278350 SH DEFINED 01 684450 3593900 Allstate Corp COM 020002101 1419857 21807042 SH DEFINED 01 5756833 16050209 5748 88277 SH OTHER 01 02 88277 Altria Group COM 02209S103 1950908 22732562 SH DEFINED 01 6336330 16396232 12087 140841 SH OTHER 01 02 140841 Am. Power Conversion COM 029066107 501747 16402337 SH DEFINED 01 7554080 8848257 651 21294 SH OTHER 01 02 21294 Amer Express COM 025816109 3998 65900 SH OTHER 01 02 65900 Amer Tel & Tel COM 00206R102 75537 2112913 SH DEFINED 01 1765803 347110 American Axle & Mfg Holdings COM 024061103 53827 2834500 SH DEFINED 01 1287400 1547100 American Electric Power COM 025537101 49669 1166477 SH DEFINED 01 769137 397340 American Financial Realty COM 02607P305 90619 7921200 SH DEFINED 01 1289600 6631600 American Int'l Group COM 026874107 510526 7124286 SH DEFINED 01 5103830 2020456 5747 80200 SH OTHER 01 02 80200 Annaly Capital Management Inc. COM 035710409 95277 6849500 SH DEFINED 01 1072300 5777200 Avis Budget Group COM 053774105 1126 51910 SH DEFINED 01 29210 22700 BP PLC ADR COM 055622104 223399 3329339 SH DEFINED 01 2517477 811862 444 6613 SH OTHER 01 02 6613 Bank of America COM 060505104 1564085 29295475 SH DEFINED 01 8143684 21151791 6607 123755 SH OTHER 01 02 123755 Bank of Hawaii COM 062540109 37162 688830 SH DEFINED 01 301000 387830 Baxter Intl Inc. COM 071813109 1059390 22836609 SH DEFINED 01 7179956 15656653 863 18598 SH OTHER 01 02 18598 BellSouth Corp. COM 079860102 1094601 23235000 SH DEFINED 01 3320000 19915000 598 12700 SH OTHER 01 02 12700 Brady Corp. COM 104674106 47142 1264540 SH DEFINED 01 577300 687240 Bristol-Myers Squibb COM 110122108 1477394 56131998 SH DEFINED 01 11924673 44207325 6560 249225 SH OTHER 01 02 249225 Brunswick Corp. 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