13F-HR 1 gwc3q12.txt GW CAPITAL, INC. 13F 3Q12 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2012 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 750 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: Jennifer Ottosen Title: Chief Compliance Officer & General Counsel Phone: 425-455-4551 Signature, Place, and Date of Signing: /s/ Jennifer Ottosen Bellevue, WA November 12, 2012 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: 64 Form13F Information Table Value Total: $1,541,794 (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 TITLE VALUE SHARES/ SH/ PUT/INVSTMNTOTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (x$1000)PRN AMT PRN CALLDSCRETN MGRS SOLE SHARED NONE A.O. SMITH CORPORATION COM 831865209 23762 412965 SH SOLE 345621 0 67344 ALBANY INTERNATIONAL CORP CL A 012348108 27860 1268080 SH SOLE 1063201 0 204879 AMERICAN STATES WATER COM 029899101 23729 534085 SH SOLE 446048 0 88037 ASHLAND INC. COM 044209104 26761 373759 SH SOLE 136559 0 237200 ASPEN INSURANCE HOLDINGS LTD. SHS G05384105 26148 857600 SH SOLE 696845 0 160755 AVIS BUDGET GROUP, INC. COM 053774105 35611 2315437 SH SOLE 1938820 0 376617 BARNES GROUP INC COM 067806109 27530 1100767 SH SOLE 921830 0 178937 BROOKDALE SENIOR LIVING COM 112463104 66397 2859461 SH SOLE 1834739 0 1024722 CASEY`S GENERAL STORES, INC. COM 147528103 28741 502997 SH SOLE 420696 0 82301 CHEMTURA CORPORATION COM NEW 163893209 31456 1826693 SH SOLE 1530253 0 296440 CHESAPEAKE ENERGY NOTE 165167CB1 4592 5700000 PRN SOLE 5540000 0 160000 CHICAGO BRIDGE & IRON N Y REGISTRY SH 167250109 16741 439499 SH SOLE 368386 0 71113 CINTAS CORP COM 172908105 24565 592916 SH SOLE 218630 0 374286 CNO FINANCIAL GROUP COM 12621E103 55380 5738813 SH SOLE 3836665 0 1902148 COMPASS MINERALS INTERNATIONAL COM 20451N101 5140 68914 SH SOLE 52774 0 16140 COMSTOCK RESOURCES, INC. COM NEW 205768203 25703 1398435 SH SOLE 1175601 0 222834 CROWN HOLDINGS INC COM 228368106 26289 715345 SH SOLE 261953 0 453392 DARLING INTERNATIONAL COM 237266101 48006 2624740 SH SOLE 2152035 0 472705 ESTERLINE TECHNOLOGIES COM 297425100 31128 554473 SH SOLE 464226 0 90247 FIRST AMERICAN FINANCIAL COM 31847R102 3772 174065 SH SOLE 133195 0 40870 FLUOR CORPORATION COM 343412102 16342 290372 SH SOLE 106940 0 183432 FOREST OIL CORP COM PAR $0.01 346091705 38418 4546499 SH SOLE 2937082 0 1609417 GENWORTH FINANCIAL INC. COM CL A 37247D106 12827 2452646 SH SOLE 905486 0 1547160 HARRIS CORP. COM 413875105 21041 410806 SH SOLE 154397 0 256409 HEALTH CARE REIT COM 42217K106 11313 195928 SH SOLE 46778 0 149150 HERTZ GLOBAL HOLDINGS COM 42805T105 22113 1610566 SH SOLE 602435 0 1008131 IBERIABANK CORP COM 450828108 26058 568944 SH SOLE 475767 0 93177 INGREDION INC. COM 457187102 26808 486004 SH SOLE 396078 0 89926 ION GEOPHYSICAL CORP COM 462044108 29135 4198137 SH SOLE 3513008 0 685129 IRON MOUNTAIN COM 462846106 17822 522493 SH SOLE 203329 0 319164 JOHN WILEY & SONS, INC. CL A 968223206 8005 174218 SH SOLE 133273 0 40945 KEYCORP COM 493267108 14135 1617220 SH SOLE 632720 0 984500 KLA TENCOR COM 482480100 11916 249780 SH SOLE 93223 0 156557 LTC PROPERTIES COM 502175102 13377 419988 SH SOLE 351859 0 68129 MANPOWER GROUP COM 56418H100 4212 114469 SH SOLE 87701 0 26768 MEADWESTVACO CORP COM 583334107 21493 702370 SH SOLE 263890 0 438480 MUELLER INDUSTRIES, INC. COM 624756102 9112 200394 SH SOLE 167569 0 32825 OCWEN FINANCIAL COM NEW 675746309 44921 1638838 SH SOLE 1369473 0 269365 OIL STATES INTERNATIONAL, INC. COM 678026105 3398 42762 SH SOLE 32682 0 10080 OMEGA HEALTHCARE COM 681936100 55679 2449595 SH SOLE 1565202 0 884393 ONEOK INC COM 682680103 60857 1259725 SH SOLE 710373 0 549352 OWENS ILLINOIS COM NEW 690768403 41404 2207050 SH SOLE 1416003 0 791047 PORTLAND GENERAL ELECTRIC CO. COM NEW 736508847 26641 985235 SH SOLE 824350 0 160885 POST HOLDINGS INC. COM 737446104 25964 863744 SH SOLE 722013 0 141731 PRESTIGE BRANDS HOLDINGS INC COM 74112D101 15062 888064 SH SOLE 743765 0 144299 REDWOOD TRUST INC. COM 758075402 37137 2568238 SH SOLE 2130391 0 437847 SBA COMMUNICATIONS COM 78388J106 22794 362377 SH SOLE 131574 0 230803 SENSIENT TECHNOLOGIES COM 81725T100 27399 745339 SH SOLE 625767 0 119572 SIMPSON MANUFACTURING CO. COM 829073105 26034 909644 SH SOLE 762396 0 147248 SLM CORPORATION COM 78442P106 23598 1501175 SH SOLE 666946 0 834229 STEEL DYNAMICS INC NOTE 858119AP5 3973 3800000 PRN SOLE 3690000 0 110000 THE WENDY`S COMPANY COM 95058W100 16269 3595457 SH SOLE 1363485 0 2231972 TIDEWATER INC COM 886423102 43636 899155 SH SOLE 567897 0 331258 TWO HARBORS INVESTMENT CORP COM 90187B101 22271 1895435 SH SOLE 1586137 0 309298 TYCO INTERNATIONAL LTD. SHS H89128104 7611 275325 SH SOLE 0 0 275325 UNIFIRST CORPORATION COM 904708104 14761 221011 SH SOLE 185486 0 35525 UNS ENERGY CORP. COM 903119105 26643 636483 SH SOLE 532468 0 104015 VERISK ANALYTICS CL A 92345Y106 27273 572846 SH SOLE 210990 0 361856 WESTERN UNION CO COM 959802109 6646 364785 SH SOLE 0 0 364785 WEYERHAEUSER COMPANY COM 962166104 23448 897017 SH SOLE 324716 0 572301 WILLIAMS COS, INC. COM 969457100 27436 784553 SH SOLE 290181 0 494372 WPX ENERGY INC. COM 98212B103 15916 959353 SH SOLE 378924 0 580429 XL GROUP PLC SHS G98290102 11449 476435 SH SOLE 0 0 476435 XYLEM, INC. COM 98419M100 20136 800625 SH SOLE 301313 0 499312