13F-HR 1 gwc2q07.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2007 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: GW Capital, Inc. Address: 10900 N.E. Eighth Street, Suite 1010 Bellevue, WA 98004 13F File Number: 801-35777 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: Guy Watanabe Title: President Phone: 425-455-4551 Signature, Place, and Date of Signing: /s/ Guy Watanabe Bellevue, WA August 1, 2007 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form13F Information Table Entry Total: 43 Form13F Information Table Value Total: $972,733 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MGRS SOLE SHARED NONE ALBANY INTL CORP CL A 012348108 29678 733863 SH SOLE 592351 0 141512 AMEDISYS INC COM 023436108 22496 619216 SH SOLE 503559 0 115657 AMERICAN INTL GRP, INC. COM 026874107 2437 34800 SH SOLE 34800 0 0 AMERICAN STS WTR CO COM 029899101 21556 606017 SH SOLE 492027 0 113990 ANDREW CORP DE COM 034425108 42319 2930709 SH SOLE 2472234 0 458475 ANIXTER INTL INC COM 035290105 3370 44805 SH SOLE 44625 0 180 BOWATER INC COM 102183100 33835 1356088 SH SOLE 1151608 0 204480 BRIGGS & STRATTON CORP COM 109043109 32593 1032730 SH SOLE 860824 0 171906 CONSECO INC COM NEW 208464883 4956 237235 SH SOLE 236275 0 960 CROWN HOLDINGS INC COM 228368106 34150 1367644 SH SOLE 1149765 0 217879 DEAN FOODS COM 242370104 1658 52025 SH SOLE 51445 0 580 FLUOR CORPORATION COM 343412102 5993 53815 SH SOLE 53625 0 190 HANOVER COMPRESSOR CO COM 410768105 35316 1480731 SH SOLE 1239628 0 241103 HEALTHCARE RLTY TR INC COM 421946104 20450 736155 SH SOLE 618740 0 117415 HEARST-ARGYLE TV INC COM 422317107 22598 937671 SH SOLE 780856 0 156815 HORMEL FOODS CORP. COM 440452100 1583 42380 SH SOLE 42060 0 320 ITT CORPORATION COM 450911102 1980 29000 SH SOLE 29000 0 0 INPUT/OUTPUT INC COM 457652105 40644 2603659 SH SOLE 2189129 0 414530 ISHARES TR RUSL 2000 VALU 464287630 516 6265 SH SOLE 6265 0 0 KINDRED HEALTHCARE INC COM 494580103 25615 833810 SH SOLE 680235 0 153575 LTC PPTYS INC COM 502175102 23930 1051885 SH SOLE 870940 0 180945 MCDERMOTT INTL, INC. COM 580037109 7296 87770 SH SOLE 87510 0 260 NEWMONT MINING CORP. COM 651639106 2265 58000 SH SOLE 58000 0 0 NORTHWESTERN CORP COM NEW 668074305 20268 637165 SH SOLE 526040 0 111125 OMEGA HEALTHCARE INVS INC COM 681936100 30878 1950585 SH SOLE 1608705 0 341880 ONEOK INC NEW COM 682680103 43601 864923 SH SOLE 723983 0 140940 OWENS ILLINOIS INC NEW COM NEW 690768403 45368 1296241 SH SOLE 1091150 0 205091 PUGET ENERGY, INC. COM 745310102 4648 192225 SH SOLE 191495 0 730 SIERRA PAC RES NEW COM 826428104 4486 255470 SH SOLE 254140 0 1330 SINCLAIR BROADCAST GROUP INC CL A 829226109 36439 2562457 SH SOLE 2083317 0 479140 A.O. SMITH CORPORATION COM 831865209 27414 687234 SH SOLE 554496 0 132738 SMURFIT STONE CONTAINER CORP COM 832727101 4558 342390 SH SOLE 340810 0 1580 SOUTHWEST GAS CORP COM 844895102 29041 858949 SH SOLE 717429 0 141520 STEWART ENTERPRISES INC CLA CLA 860370105 33851 4345480 SH SOLE 3569825 0 775655 TIDEWATER INC COM 886423102 44845 632682 SH SOLE 535387 0 97295 WASHINGTON GROUP INTL INC COM NEW 938862208 40551 506821 SH SOLE 425496 0 81325 ALLSCRIPTS HEALTHCARE COM 01988P108 37095 1455842 SH SOLE 1203422 0 252420 GOLD FIELDS LIMITED SPONSORED ADR 38059T106 3862 246015 SH SOLE 244925 0 1090 HEALTH CARE REIT INC COM 42217K106 28826 714235 SH SOLE 597350 0 116885 QUIKSILVER INC COM 74838C106 30062 2127479 SH SOLE 1811874 0 315605 SUNRISE SENIOR LIVING INC COM 86768K106 34400 860212 SH SOLE 724597 0 135615 VECTREN CORP COM 92240G101 27144 1007931 SH SOLE 838006 0 169925 WESTAR ENERGY INC COM 95709T100 28162 1159895 SH SOLE 969870 0 190025