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, 2010 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 13, 2010 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: 48 Form 13F Information Table Value Total: $3,923,979 List of Other Included Managers: FORM 13F MARCH 2010 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 ACCO BRANDS INC COM 00081T108 482 62983 SH SOLE 62983 0 0 AHOLD NV-ADR COM 500467402 143210 10808323 SH SOLE 3589123 0 7219200 ALLEGHENY TECHNOLOGIES COM 01741R102 626 11600 SH SOLE 11600 0 0 ATMOS ENERGY CP COM 049560105 2151 75300 SH SOLE 69500 0 5800 BIG LOTS INC COM 089302103 167546 4600380 SH SOLE 1651830 0 2948550 BALL CORP COM 058498106 124886 2339572 SH SOLE 882972 0 1456600 BROWN SHOE COMPANY COM 115736100 2274 146900 SH SOLE 146900 0 0 CROWN HOLDINGS INC COM 228368106 146943 5450403 SH SOLE 2039093 0 3411310 CON-WAY INC COM 205944101 85660 2439065 SH SOLE 910315 0 1528750 CHIQUITA BRANDS COM 170032809 423 26900 SH SOLE 26900 0 0 DOMINION RESOURCES INC COM 25746U109 159276 3874397 SH SOLE 1325409 0 2548988 DEL MONTE FOODS COM 24522P103 134265 9196234 SH SOLE 3366937 0 5829297 DOW CHEMICAL CO COM 260543103 84238 2848753 SH SOLE 1000903 0 1847850 DUKE ENERGY CORP NEW COM 26441C105 134095 8216584 SH SOLE 2722463 0 5494121 DEVON ENERGY COM 25179M103 121218 1881390 SH SOLE 664080 0 1217310 DYNEGY INC COM 26817G102 26151 20754917 SH SOLE 7812219 0 12942698 EL PASO CORP COM 28336L109 121784 11234677 SH SOLE 4034286 0 7200391 EL PASO PIPELIN PTNRS COM 283702108 676 24250 SH SOLE 24250 0 0 FORTUNE BRANDS COM 349631101 115149 2373708 SH SOLE 877662 0 1496046 GENESCO COM 371532102 1588 51200 SH SOLE 51200 0 0 HOME DEPOT INC COM 437076102 118751 3670806 SH SOLE 1301723 0 2369083 PENNEY J.C. COM 708160106 141681 4404131 SH SOLE 1593731 0 2810400 MASCO CORP COM 574599106 104481 6732024 SH SOLE 2431644 0 4300380 MIRANT CORP COM 60467R100 47074 4334626 SH SOLE 1595831 0 2738795 NATIONAL FUEL GAS COM 636180101 1729 34200 SH SOLE 34200 0 0 OWENS CORNING COM 690742101 95323 3746961 SH SOLE 1379915 0 2367046 OWENS ILLINOIS COM 690768403 169353 4765136 SH SOLE 1717470 0 3047666 ONEOK INC COM 682680103 138112 3025454 SH SOLE 1066254 0 1959200 PITNEY BOWES INC COM 724479100 611 25000 SH SOLE 25000 0 0 PACKAGING CORP OF AMERICA COM 695156109 81762 3322302 SH SOLE 1245629 0 2076673 PACTIV CORP COM 695257105 297 11800 SH SOLE 11800 0 0 RITE AID COM 767754104 678 451700 SH SOLE 451700 0 0 ROCKWOOD HOLDINGS COM 774415103 33131 1244607 SH SOLE 461750 0 782857 REPUBLIC SERVICES INC COM 760759100 154533 5325051 SH SOLE 1977097 0 3347954 RAYTHEON COM 755111507 126995 2223302 SH SOLE 745770 0 1477532 SPECTRA ENERGY COM 847560109 160973 7144827 SH SOLE 2646934 0 4497893 SARA LEE CORP COM 803111103 133157 9559025 SH SOLE 3531475 0 6027550 SAFEWAY INC. COM 786514208 137798 5542966 SH SOLE 2013332 0 3529634 TELEDYNE TECHNOLOGIES COM 879360105 735 17800 SH SOLE 17800 0 0 TJX COMPANIES COM 872540109 134813 3170589 SH SOLE 1142389 0 2028200 THOMAS & BETTS COM 884315102 122243 3115272 SH SOLE 1143022 0 1972250 TRINITY IND COM 896522109 437 21900 SH SOLE 21900 0 0 USG CORP COM 903293405 73372 4275745 SH SOLE 1564675 0 2711070 VALSPAR CORP COM 920355104 572 19400 SH SOLE 19400 0 0 WASTE CONNECTIONS INC COM 941053100 1756 51700 SH SOLE 51700 0 0 WASTE MANAGEMENT COM 94106L109 137321 3988420 SH SOLE 1432860 0 2555560 WILLIAMS COMPANIES INC COM 969457100 143074 6193690 SH SOLE 2199540 0 3994150 WEYERHAEUSER CO COM 962166104 90576 2000790 SH SOLE 697685 0 1303105 S REPORT SUMMARY 48 DATA RECORDS 3923979 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED