13F-HR 1 sascob.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 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 August 10, 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: $3,207,408 List of Other Included Managers: FORM 13F JUNE 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 99417 7671050 SH SOLE 2865850 0 4805200 ACCO BRANDS INC COM 00081T108 61437 2805348 SH SOLE 1169557 0 1635791 AHOLD NV-ADR COM 500467303 141724 16384300 SH SOLE 6459100 0 9925200 ALLEGHANY CORP COM 017175100 55373 200367 SH SOLE 66979 0 133388 ALLEGHENY TECHNOLOGIES COM 01741R102 762 11000 SH SOLE 11000 0 0 ALLIED WASTE COM 019589308 110790 9752600 SH SOLE 3876100 0 5876500 AMER ELEC PWR COM 025537101 548 16000 SH SOLE 16000 0 0 AMERICAN STANDARD CO COM 029712106 74448 1720550 SH SOLE 638950 0 1081600 ATMOS ENERGY CP COM 049560105 2476 88700 SH SOLE 82900 0 5800 BALL CORP COM 058498106 77891 2102900 SH SOLE 831600 0 1271300 BIG LOTS INC COM 089302103 86969 5091850 SH SOLE 2018750 0 3073100 BRUNSWICK CORP COM 117043109 14063 422951 SH SOLE 82251 0 340700 CHIQUITA BRANDS COM 170032809 238 17300 SH SOLE 17300 0 0 CROWN HOLDINGS INC COM 228368106 119258 7659500 SH SOLE 2949450 0 4710050 DEL MONTE FOODS COM 24522P103 102807 9154700 SH SOLE 3840800 0 5313900 DUKE ENERGY CORP NEW COM 26441C105 231515 7882702 SH SOLE 2990198 0 4892504 DYNEGY INC COM 26816Q101 82855 15147250 SH SOLE 6155450 0 8991800 FMC TECHNOLOGIES COM 30249U101 38275 567366 SH SOLE 120718 0 446648 FOOT LOCKER INC COM 344849104 142314 5811092 SH SOLE 2322400 0 3488692 FORTUNE BRANDS COM 349631101 62428 879150 SH SOLE 399050 0 480100 HERCULES INC COM 427056106 113710 7451528 SH SOLE 3007150 0 4444378 LAIDLAW INTL INC COM 50730R102 140057 5557800 SH SOLE 2132900 0 3424900 LEAR CORP COM 521865105 62235 2802100 SH SOLE 1177100 0 1625000 LIMITED INC COM 532716107 120873 4723450 SH SOLE 1863750 0 2859700 MIRANT CORP COM 60467R100 90005 3358400 SH SOLE 1198100 0 2160300 NOVA CHEMICALS COM 66977W109 51644 1793800 SH SOLE 701700 0 1092100 NRG ENERGY INC COM 629377508 80032 1661100 SH SOLE 652100 0 1009000 ONEOK INC COM 682680103 123752 3635500 SH SOLE 1360900 0 2274600 PACKAGING CORP OF AMERICA COM 695156109 97764 4439800 SH SOLE 1811300 0 2628500 PACTIV CORP COM 695257105 107091 4326900 SH SOLE 1658200 0 2668700 PENNEY J.C. COM 708160106 143543 2126250 SH SOLE 755350 0 1370900 RAYTHEON COM 755111507 113486 2546250 SH SOLE 921350 0 1624900 RELIANT RESOURCES INC COM 75952B105 71179 5941500 SH SOLE 2318500 0 3623000 RITE AID COM 767754104 1166 275000 SH SOLE 275000 0 0 SAFEWAY INC. COM 786514208 88690 3411150 SH SOLE 1359550 0 2051600 SARA LEE CORP COM 803111103 95776 5978500 SH SOLE 2231500 0 3747000 SMURFIT STONE CONTAINER C COM 832727101 1729 158000 SH SOLE 158000 0 0 SUPER-VALU INC COM 868536103 766 24950 SH SOLE 24950 0 0 TELEDYNE TECHNOLOGIES COM 879360105 505 15400 SH SOLE 15400 0 0 TENNECO AUTOMOTIVE INC COM 880349105 450 17300 SH SOLE 17300 0 0 THOMAS & BETTS COM 884315102 82147 1601300 SH SOLE 536200 0 1065100 TRINITY IND COM 896522109 739 18300 SH SOLE 18300 0 0 TRW AUTOMOTIVE HLDGS CORP COM 87264S106 393 14400 SH SOLE 14400 0 0 VALSPAR CORP COM 920355104 364 13800 SH SOLE 13800 0 0 WARNACO GROUP INC COM 934390402 2154 115300 SH SOLE 115300 0 0 WASTE MANAGEMENT COM 94106L109 111571 3109550 SH SOLE 1190250 0 1919300 S REPORT SUMMARY 46 DATA RECORDS 3207408 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED