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, 2012 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 11, 2012 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: 60 Form 13F Information Table Value Total: $4,894,952 List of Other Included Managers: FORM 13F MARCH 2012 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 109 8811 SH SOLE 8811 0 0 AHOLD NV-ADR COM 500467402 107180 7777917 SH SOLE 2344943 0 5432974 ALLEGHENY TECHNOLOGIES COM 01741R102 276 6700 SH SOLE 6700 0 0 ATMOS ENERGY CP COM 049560105 182 5800 SH SOLE 0 0 5800 BEAM INC COM 073730103 184444 3149120 SH SOLE 1084892 0 2064228 BIG LOTS INC COM 089302103 194543 4522151 SH SOLE 1623310 0 2898841 BALL CORP COM 058498106 173074 4036252 SH SOLE 1483714 0 2552538 BROWN SHOE COMPANY COM 115736100 1489 161300 SH SOLE 161300 0 0 CROWN HOLDINGS INC COM 228368106 178156 4837242 SH SOLE 1736953 0 3100289 CLECO CORP COM 12561W105 1610 40600 SH SOLE 40600 0 0 CON-WAY INC COM 205944101 86734 2659740 SH SOLE 952845 0 1706895 CONSOL ENERGY COM 20854P109 145775 4274926 SH SOLE 1525420 0 2749506 DOMINION RESOURCES INC COM 25746U109 172311 3364786 SH SOLE 1194609 0 2170177 DOW CHEMICAL CO COM 260543103 134183 3873644 SH SOLE 1355023 0 2518621 DUKE ENERGY CORP NEW COM 26441C105 534 25400 SH SOLE 25400 0 0 DEVON ENERGY COM 25179M103 160480 2256463 SH SOLE 790505 0 1465958 EL PASO CORP COM 28336L109 121445 4109800 SH SOLE 1444046 0 2665754 EL PASO PIPELIN PTNRS COM 283702108 609 17450 SH SOLE 17450 0 0 FORTUNE BRANDS HOME & SEC COM 34964C106 169557 7682691 SH SOLE 2750087 0 4932604 FMC CORP COM 302491303 113372 1070958 SH SOLE 382620 0 688338 GENESCO COM 371532102 1894 26440 SH SOLE 26440 0 0 GENON ENERGY INC COM 37244E107 61 29212 SH SOLE 29212 0 0 HEALTHSOUTH CORP COM 421924309 1511 73790 SH SOLE 73790 0 0 INTERNATIONAL PAPER COM 460146103 66630 1898290 SH SOLE 665570 0 1232720 ITT CORP COM 450911201 574 25035 SH SOLE 22345 0 2690 PENNEY J.C. COM 708160106 170540 4813423 SH SOLE 1805241 0 3008182 KINDER MORGAN COM 49456B101 564 14600 SH SOLE 14600 0 0 MASCO CORP COM 574599106 125512 9387585 SH SOLE 3281974 0 6105611 NABORS INDUSTRIES COM G6359F103 104507 5975222 SH SOLE 2129600 0 3845622 NATIONAL FUEL GAS COM 636180101 1158 24070 SH SOLE 24070 0 0 OWENS CORNING COM 690742101 146753 4073084 SH SOLE 1487665 0 2585419 OWENS ILLINOIS COM 690768403 169514 7262824 SH SOLE 2619335 0 4643489 ONEOK INC COM 682680103 172116 2107720 SH SOLE 747824 0 1359896 PITNEY BOWES INC COM 724479100 527 30000 SH SOLE 30000 0 0 PACKAGING CORP OF AMERICA COM 695156109 122035 4124199 SH SOLE 1511059 0 2613140 ROWAN COMPANIES INC COM 779382100 1271 38600 SH SOLE 38600 0 0 ROCKWOOD HOLDINGS COM 774415103 1098 21050 SH SOLE 21050 0 0 REPUBLIC SERVICES INC COM 760759100 201608 6597119 SH SOLE 2358336 0 4238783 RAYTHEON COM 755111507 203365 3853071 SH SOLE 1274310 0 2578761 SPECTRA ENERGY COM 847560109 469 14850 SH SOLE 14850 0 0 SARA LEE CORP COM 803111103 257463 11958330 SH SOLE 4243865 0 7714465 QUESTAR CORP COM 748356102 1252 65020 SH SOLE 65020 0 0 SUNOCO INC COM 86764P109 193916 5082990 SH SOLE 1827535 0 3255455 SAFEWAY INC. COM 786514208 198769 9835163 SH SOLE 3505917 0 6329246 SUNCOKE ENERGY INC COM 86722A103 104 7340 SH SOLE 7340 0 0 CARROLS RESTAURANT GROUP COM 14574X104 371 24350 SH SOLE 24350 0 0 TELEDYNE TECHNOLOGIES COM 879360105 287 4550 SH SOLE 4550 0 0 TJX COMPANIES COM 872540109 170947 4304876 SH SOLE 1514348 0 2790528 THOMAS & BETTS COM 884315102 171789 2388950 SH SOLE 886040 0 1502910 TRINITY IND COM 896522109 333 10100 SH SOLE 10100 0 0 TEXAS INDUSTRIES COM 882491103 1177 33610 SH SOLE 33610 0 0 USG CORP COM 903293405 65557 3811452 SH SOLE 1450145 0 2361307 VALSPAR CORP COM 920355104 261 5400 SH SOLE 5400 0 0 WASTE CONNECTIONS INC COM 941053100 1451 44595 SH SOLE 44595 0 0 WASTE MANAGEMENT COM 94106L109 129 3700 SH SOLE 3700 0 0 WILLIAMS COMPANIES INC COM 969457100 207940 6749109 SH SOLE 2406030 0 4343079 WPX ENERGY INC COM 98212B103 29 1616 SH SOLE 1616 0 0 WEYERHAEUSER CO COM 962166104 79143 3610542 SH SOLE 1041270 0 2569272 EXELIS INC COM 30162A108 667 53240 SH SOLE 53240 0 0 XYLEM INC COM 98419M100 105597 3805293 SH SOLE 1320270 0 2485023 S REPORT SUMMARY 60 DATA RECORDS 4894952 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED