13F-HR 1 sascoa.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2006 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 May 12, 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: $3,107,241 List of Other Included Managers: FORM 13 F MARCH 2006 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 113799 9067650 SH SOLE 3492450 0 5575200 ACCO BRANDS INC COM 00081T108 60344 2718200 SH SOLE 1094309 0 1623891 AHOLD NV-ADR COM 500467303 127672 16368200 SH SOLE 6411600 0 9956600 ALLEGHANY CORP COM 017175100 58675 202676 SH SOLE 66722 0 135954 ALLEGHENY TECHNOLOGIES COM 01741R102 710 11600 SH SOLE 11600 0 0 ALLIED WASTE COM 019589308 137202 11209350 SH SOLE 4578650 0 6630700 AMER ELEC PWR COM 025537101 544 16000 SH SOLE 16000 0 0 AMERICAN STANDARD CO COM 029712106 20245 472350 SH SOLE 184700 0 287650 ATMOS ENERGY CP COM 049560105 4189 159100 SH SOLE 153300 0 5800 BIG LOTS INC COM 089302103 87998 6303550 SH SOLE 2626550 0 3677000 BRUNSWICK CORP COM 117043109 58123 1495700 SH SOLE 587500 0 908200 CHIQUITA BRANDS COM 170032809 290 17300 SH SOLE 17300 0 0 CINERGY CORP COM 172474108 64083 1411200 SH SOLE 535300 0 875900 CROWN HOLDINGS INC COM 228368106 131640 7420500 SH SOLE 2717150 0 4703350 DEL MONTE FOODS COM 24522P103 108364 9136900 SH SOLE 3817400 0 5319500 DUKE ENERGY CORP COM 264399106 169593 5817950 SH SOLE 2278150 0 3539800 DYNEGY INC COM 26816Q101 74235 15465600 SH SOLE 6471900 0 8993700 FIRSTENERGY COM 337932107 22323 456500 SH SOLE 125000 0 331500 FMC TECHNOLOGIES COM 30249U101 73387 1432781 SH SOLE 376633 0 1056148 FOOT LOCKER INC COM 344849104 138826 5813492 SH SOLE 2318200 0 3495292 FORTUNE BRANDS COM 349631101 66419 823750 SH SOLE 343650 0 480100 HERCULES INC COM 427056106 105856 7670728 SH SOLE 3217750 0 4452978 LAIDLAW INTL INC COM 50730R102 150488 5532650 SH SOLE 2111650 0 3421000 LEAR CORP COM 521865105 49992 2819600 SH SOLE 1185500 0 1634100 LIMITED INC COM 532716107 117576 4806850 SH SOLE 1934350 0 2872500 NOVA CHEMICALS COM 66977W109 50938 1787300 SH SOLE 694800 0 1092500 NRG ENERGY INC COM 629377508 88988 1967900 SH SOLE 747000 0 1220900 ONEOK INC COM 682680103 118103 3662100 SH SOLE 1380000 0 2282100 PACKAGING CORP OF AMERICA COM 695156109 100107 4461100 SH SOLE 1825100 0 2636000 PACTIV CORP COM 695257105 106523 4340800 SH SOLE 1660600 0 2680200 PENNEY J.C. COM 708160106 127933 2117750 SH SOLE 745450 0 1372300 RAYTHEON COM 755111507 118526 2585650 SH SOLE 961850 0 1623800 RELIANT RESOURCES INC COM 75952B105 63085 5962700 SH SOLE 2332700 0 3630000 RITE AID COM 767754104 500 125000 SH SOLE 125000 0 0 SAFEWAY INC. COM 786514208 14286 568700 SH SOLE 251850 0 316850 SARA LEE CORP COM 803111103 85392 4775850 SH SOLE 1819250 0 2956600 SMURFIT STONE CONTAINER C COM 832727101 2144 158000 SH SOLE 158000 0 0 SUPER-VALU INC COM 868536103 73433 2382650 SH SOLE 911250 0 1471400 TELEDYNE TECHNOLOGIES COM 879360105 548 15400 SH SOLE 15400 0 0 TENNECO AUTOMOTIVE INC COM 880349105 375 17300 SH SOLE 17300 0 0 THOMAS & BETTS COM 884315102 97666 1900850 SH SOLE 634050 0 1266800 TRINITY IND COM 896522109 664 12200 SH SOLE 12200 0 0 TRW AUTOMOTIVE HLDGS CORP COM 87264S106 336 14400 SH SOLE 14400 0 0 VALSPAR CORP COM 920355104 385 13800 SH SOLE 13800 0 0 WARNACO GROUP INC COM 934390402 2040 85000 SH SOLE 85000 0 0 WASTE MANAGEMENT COM 94106L109 112697 3192550 SH SOLE 1270350 0 1922200 S REPORT SUMMARY 46 DATA RECORDS 3107241 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED