13F-HR 1 sascod.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2005 Check here is Amendment [ ] ; Amendment Number: This Amendment (check only one): [ ] is a restatement. [ ] adds new holdings entries Institutional Investment Manager Filing this Report: Name: Sasco Capital, Inc. Address: 10 Sasco Hill Road Fairfield, CT 06824 13F File Number: 28-1646 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: Daniel L. Leary Title: Secretary Phone: 203-254-6800 Signature, Place, and Date of Signing: Daniel L. Leary Fairfield, Connecticut February 2, 2006 Report Type (Check only one): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: 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: 46 Form 13F Information Table Value Total: $2,933,034,771 List of Other Included Managers: FORM 13 F DECEMBER 2005 REPORTING MANAGER: SASCO CAPITAL, INC. VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- x$1000 PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE ABB LTD ADR COM 000375204 88469 9101750 SH SOLE 3530350 0 5571400 ACCO BRANDS INC COM 00081T108 65786 2685150 SH SOLE 1068759 0 1616391 AHOLD NV-ADR COM 500467303 114963 15267350 SH SOLE 6263350 0 9004000 ALLEGHANY CORP COM 017175100 94073 331243 SH SOLE 100005 0 231238 ALLEGHENY TECHNOLOGIES COM 01741R102 419 11600 SH SOLE 11600 0 0 ALLIED WASTE COM 019589308 98065 11220300 SH SOLE 4590800 0 6629500 AMER ELEC PWR COM 025537101 593 16000 SH SOLE 16000 0 0 AMERICAN STANDARD CO COM 029712106 348 8700 SH SOLE 8700 0 0 ATMOS ENERGY CP COM 049560105 24041 919000 SH SOLE 322700 0 596300 BIG LOTS INC COM 089302103 75705 6303500 SH SOLE 2644200 0 3659300 BRUNSWICK CORP COM 117043109 60132 1478900 SH SOLE 570200 0 908700 CHIQUITA BRANDS COM 170032809 346 17300 SH SOLE 17300 0 0 CINERGY CORP COM 172474108 62282 1466850 SH SOLE 593950 0 872900 CROWN HOLDINGS INC COM 228368106 143089 7326600 SH SOLE 2640950 0 4685650 DEL MONTE FOODS COM 24522P103 94898 9098600 SH SOLE 3788000 0 5310600 DUKE ENERGY CORP COM 264399106 159582 5813550 SH SOLE 2289950 0 3523600 DYNEGY INC COM 26816Q101 75062 15508700 SH SOLE 6546600 0 8962100 FIRSTENERGY COM 337932107 22707 463500 SH SOLE 131900 0 331600 FMC TECHNOLOGIES COM 30249U101 61770 1439181 SH SOLE 383033 0 1056148 FOOT LOCKER INC COM 344849104 136705 5795042 SH SOLE 2314850 0 3480192 FORTUNE BRANDS COM 349631101 64004 820350 SH SOLE 340850 0 479500 HERCULES INC COM 427056106 85779 7591028 SH SOLE 3149250 0 4441778 LAIDLAW INTL INC COM 50730R102 127775 5500450 SH SOLE 2072450 0 3428000 LEAR CORP COM 521865105 78034 2741900 SH SOLE 1122700 0 1619200 LIMITED INC COM 532716107 107369 4804000 SH SOLE 1946500 0 2857500 NEENAH PAPER COM 640079109 2 78 SH SOLE 78 0 0 NOVA CHEMICALS COM 66977W109 59951 1794950 SH SOLE 706450 0 1088500 NRG ENERGY INC COM 629377508 92702 1967350 SH SOLE 754250 0 1213100 ONEOK INC COM 682680103 97598 3664950 SH SOLE 1390250 0 2274700 PACKAGING CORP OF AMERICA COM 695156109 103674 4517400 SH SOLE 1893400 0 2624000 PACTIV CORP COM 695257105 95615 4346150 SH SOLE 1672950 0 2673200 PENNEY J.C. COM 708160106 118167 2125300 SH SOLE 757000 0 1368300 RAYTHEON COM 755111507 104099 2592750 SH SOLE 974750 0 1618000 RELIANT RESOURCES INC COM 75952B105 59888 5803100 SH SOLE 2240900 0 3562200 RITE AID COM 767754104 435 125000 SH SOLE 125000 0 0 SARA LEE CORP COM 803111103 83688 4427950 SH SOLE 1575950 0 2852000 SMURFIT STONE CONTAINER C COM 832727101 2239 158000 SH SOLE 158000 0 0 SUPER-VALU INC COM 868536103 81689 2515050 SH SOLE 946050 0 1569000 TELEDYNE TECHNOLOGIES COM 879360105 448 15400 SH SOLE 15400 0 0 TENNECO AUTOMOTIVE INC COM 880349105 339 17300 SH SOLE 17300 0 0 THOMAS & BETTS COM 884315102 89658 2136750 SH SOLE 726550 0 1410200 TRINITY IND COM 896522109 538 12200 SH SOLE 12200 0 0 TRW AUTOMOTIVE HLDGS CORP COM 87264S106 379 14400 SH SOLE 14400 0 0 VALSPAR CORP COM 920355104 340 13800 SH SOLE 13800 0 0 WARNACO GROUP INC COM 934390402 2271 85000 SH SOLE 85000 0 0 WASTE MANAGEMENT COM 94106L109 97316 3206450 SH SOLE 1283450 0 1923000 S REPORT SUMMARY 46 DATA RECORDS 2933034 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED