13F-HR 1 dudley033112.txt DUDLEY & SHANLEY, LLC 13-F HOLDINGS REPORT AS OF 3-31-2012 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 if Amendment [ ];Amendment #: This Amendment (Check only one.): [ ] is a restatement [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Dudley & Shanley, LLC Address: 130 Maple Avenue Suite 6 Red Bank, NJ 07701-1729 13F File Number: 801-30300 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: Frank E. Shanley Title: Manager Phone: 732.936.1030 Signature, Place, and Date of Signing: Frank E. Shanley, Red Bank, NJ, April 12, 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 Info. Table Entry Total: Form 13F Info. Table Value Total: List of Other Included Managers: None No. 13F File Number Name 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 MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Adobe Systems, Inc. COM 00724F101 21082 614450 SH Sole 614450 African Potash COM B4QYTJ5 120 1000000 SH Sole 1000000 Beacon Roofing Supply COM 073685109 19996 776250 SH Sole 776250 EMC Corp. COM 268648102 843 28200 SH Sole 28200 Ecolab Inc. COM 278865100 17703 286834 SH Sole 286834 Enersys COM 29275Y102 21067 608000 SH Sole 608000 Fastenal Co. COM 311900104 15446 285500 SH Sole 285500 Fiserv Inc. COM 337738108 19174 276325 SH Sole 276325 Ford Motor Co. COM 345370860 687 55100 SH Sole 55100 Gardner Denver, Inc. COM 365558105 11738 186265 SH Sole 186265 General Electric Co COM 369604103 1071 53350 SH Sole 53350 Henry Schein Inc. COM 806407102 17671 233500 SH Sole 233500 Hovnanian Entr. COM 442487203 987 403000 SH Sole 403000 Intel Corp COM 458140100 21141 751950 SH Sole 751950 Intuit, Inc. COM 461202103 19206 319250 SH Sole 319250 Linear Technology COM 535678106 20788 616842 SH Sole 616842 Mettler-Toledo Int'l COM 592688105 19017 102936 SH Sole 102936 Microsoft Corp. COM 594918104 1080 33475 SH Sole 33475 Occidental Petroleum COM 674599105 12613 132450 SH Sole 132450 Paccar Inc. COM 693718108 16978 362550 SH Sole 362550 Paychex, Inc. COM 704326107 17971 579900 SH Sole 579900 Petromanas Energy COM 71672A105 230 1000000 SH Sole 1000000 Polypore Int'l Inc. COM 73179V103 13661 388550 SH Sole 388550 Robert Half Int'l COM 770323103 18307 604175 SH Sole 604175 Rollins, Inc. COM 775711104 11589 544600 SH Sole 544600 SM Energy Company COM 78454L100 25711 363302 SH Sole 363302 Schlumberger Ltd. COM 806857108 11357 162400 SH Sole 162400 Toll Brothers, Inc. COM 889478103 904 37700 SH Sole 37700 Verizon Comm. COM 92343V104 400 10450 SH Sole 10450 Waters Corporation COM 941848103 20348 219600 SH Sole 219600