13F-HR 1 t305387.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: March 31, 2009 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holding's entries Institutional Investment Manager Filing this Report: Name: NWQ INVESTMENT MANAGEMENT CO, LLC Address: 2049 Century Park East 16th Floor Los Angeles, CA 90067 13F File Number: 028-01474 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: Jon D. Bosse Title: Chief Investment Officer Phone: 310-712-4000 Signature, Place, and Date of Signing: Jon D. Bosse, Los Angeles, CA 5/14/2009 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: Nuveen Investments, Inc. 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: 1 Form 13F Information Table Entry Total: 140 Form 13F Information Table Value Total: $12,770,402,666 List of Other Included Managers: No. 13F File Number Name 1 - 028-11405 -- Nuveen Investments, Inc.

TITLE OF SH NAME OF ISSUER CLASS CUSIP NO 13FValue Shares PRN INVT OTHER SOLE SHARED NONE ACERGY SA-SPON ADR ADR 00443E104 30,461,898 4,967,332 SH DEFINED 1 4,490,193 0 477,139 ACTEL CORP COM 004934105 11,789,283 1,162,655 SH DEFINED 1 952,705 0 209,950 AETNA INC COM 00817Y108 183,691,455 7,707,835 SH DEFINED 1 6,933,356 0 774,479 AGILENT TECHNOLOGIES INC COM 00846U101 227,713,967 14,805,513 SH DEFINED 1 12,863,653 0 1,941,860 AGRIUM INC COM 008916108 11,152,599 312,050 SH DEFINED 1 304,350 0 7,700 ALBANY INTL CORP-CL A COM 012348108 6,288,058 688,415 SH DEFINED 1 557,815 0 130,600 AMGEN INC COM 031162100 373,562,959 7,470,664 SH DEFINED 1 6,568,546 0 902,118 ANGLOGOLD ASHANTI-SPON ADR ADR 035128206 578,670,495 15,816,555 SH DEFINED 1 14,021,078 0 1,795,477 ANNALY CAPITAL MANAGEMENT IN COM 035710409 271,852 19,600 SH DEFINED 1 19,600 0 0 AON CORP COM 037389103 372,507,227 9,286,180 SH DEFINED 1 8,214,624 0 1,071,556 APACHE CORP COM 037411105 485,094,439 7,603,875 SH DEFINED 1 6,719,828 0 884,047 APPROACH RESOURCES INC COM 03834A103 10,112,444 1,630,185 SH DEFINED 1 1,338,434 0 291,751 ARROW ELECTRONICS INC COM 042735100 19,886,955 1,049,654 SH DEFINED 1 1,019,054 0 30,600 ASPEN INSURANCE HOLDINGS LTD COM G05384105 19,206,513 858,936 SH DEFINED 1 704,586 0 154,350 ASSURANT INC COM 04621X108 23,285,191 1,080,205 SH DEFINED 1 950,655 0 129,550 AT&T INC COM 00206R102 216,325,202 8,591,160 SH DEFINED 1 7,457,336 0 1,133,824 AVNET INC COM 053807103 17,608,282 1,010,089 SH DEFINED 1 981,339 0 28,750 AVOCENT CORPORATION COM 053893103 22,769,475 1,880,526 SH DEFINED 1 1,693,626 0 186,900 BANK OF NEW YORK MELLON CORP COM 064058100 275,551 9,754 SH DEFINED 1 9,754 0 0 BARRICK GOLD CORP COM 067901108 506,809,163 15,664,852 SH DEFINED 1 13,844,826 0 1,820,026 BELDEN INC COM 077454106 14,855,176 1,177,942 SH DEFINED 1 1,008,192 0 169,750 BILL BARRETT CORP COM 06846N104 24,537,416 1,105,807 SH DEFINED 1 988,007 0 117,800 BJ SERVICES CO COM 055482103 22,871,463 2,292,120 SH DEFINED 1 2,225,620 0 66,500 BOB EVANS FARMS COM 096761101 13,881,367 621,100 SH DEFINED 1 510,304 0 110,796 BRISTOL-MYERS SQUIBB CO COM 110122108 8,888,560 405,500 SH DEFINED 1 405,500 0 0 BROCADE COMMUNICATIONS SYS COM 111621306 24,049,838 7,086,312 SH DEFINED 1 6,413,462 0 672,850 BUCKEYE TECHNOLOGIES INC COM 118255108 3,098,113 1,451,853 SH DEFINED 1 1,187,903 0 263,950 CA INC COM 12673P105 689,363,063 39,533,180 SH DEFINED 1 35,306,754 0 4,226,426 CANADIAN NATURAL RESOURCES COM 136385101 892,171 23,100 SH DEFINED 1 23,100 0 0 CASEYS GENERAL STORES INC COM 147528103 29,209,176 1,092,787 SH DEFINED 1 987,378 0 105,409 CATERPILLAR INC COM 149123101 3,011,292 107,700 SH DEFINED 1 107,700 0 0 CBS CORP-CLASS B NON VOTING COM 124857202 57,162,685 14,891,371 SH DEFINED 1 13,027,095 0 1,864,276 CF INDUSTRIES HOLDINGS INC COM 125269100 53,595,273 754,999 SH DEFINED 1 699,749 0 55,250 CHEVRON CORP COM 166764100 5,123,419 76,196 SH DEFINED 1 76,196 0 0 CIRCOR INTERNATIONAL INC COM 17273K109 4,213,854 187,173 SH DEFINED 1 180,573 0 6,600 COHERENT INC COM 192479103 11,669,008 673,509 SH DEFINED 1 654,709 0 18,800 COMCAST CORP-CL A COM 20030N101 500,588 36,700 SH DEFINED 1 36,700 0 0 COMCAST CORP-SPECIAL CL A COM 20030N200 178,454,986 13,932,158 SH DEFINED 1 12,213,770 0 1,718,388 CONOCOPHILLIPS COM 20825C104 88,329,723 2,259,408 SH DEFINED 1 1,972,754 0 286,654 CONTINENTAL RESOURCES COM 212015101 14,214,813 672,612 SH DEFINED 1 654,512 0 18,100 CSX CORP COM 126408103 214,555 8,300 SH DEFINED 1 8,300 0 0 DENBURY RESOURCES INC COM 247916208 23,132,506 1,555,697 SH DEFINED 1 1,413,447 0 142,250 ELIZABETH ARDEN INC COM 28660G106 21,594,784 3,725,538 SH DEFINED 1 3,383,589 0 341,949 ENERGIAS DE PORTUGAL-SP ADR ADR 268353109 3,212,563 92,600 SH DEFINED 1 92,600 0 0 ENI SPA-SPONSORED ADR ADR 26874R108 5,249,840 137,000 SH DEFINED 1 137,000 0 0 EOG RESOURCES INC COM 26875P101 149,162,082 2,678,330 SH DEFINED 1 2,368,681 0 309,649 EXXON MOBIL CORP COM 30231G102 1,140,539 16,748 SH DEFINED 1 16,748 0 0 FRIEDMAN BILLINGS RAMSEY-A COM 358434108 1,902,728 9,513,639 SH DEFINED 1 9,199,344 0 314,295 GARDNER DENVER INC COM 365558105 7,240,169 334,493 SH DEFINED 1 327,143 0 7,350 GARMIN LTD COM G37260109 265,125 12,500 SH DEFINED 1 12,500 0 0 GENERAL CABLE CORP COM 369300108 20,520,414 1,044,415 SH DEFINED 1 950,615 0 93,800 GENERAL ELECTRIC CO COM 369604103 2,959,717 284,515 SH DEFINED 1 284,515 0 0 GENWORTH FINANCIAL INC-CL A COM 37247D106 57,355,321 31,283,720 SH DEFINED 1 27,612,413 0 3,671,307 GIBRALTAR INDUSTRIES INC COM 374689107 7,458,780 1,562,760 SH DEFINED 1 1,411,760 0 151,000 GLAXOSMITHKLINE PLC-SPON ADR ADR 37733W105 4,352,753 137,900 SH DEFINED 1 137,900 0 0 GOLFSMITH INTERNATIONAL HOLD COM 38168Y103 1,430,499 1,500,822 SH DEFINED 1 1,274,258 0 226,564 GRIFFON CORPORATION COM 398433102 35,623,929 4,737,216 SH DEFINED 1 4,299,045 0 438,171 HALLIBURTON CO COM 406216101 110,147,817 7,043,463 SH DEFINED 1 6,082,672 0 960,791 HANOVER INSURANCE GROUP INC/ COM 410867105 16,779,937 583,924 SH DEFINED 1 566,924 0 17,000 HARTFORD FINANCIAL SVCS GRP COM 416515104 90,877,584 11,632,759 SH DEFINED 1 10,297,054 0 1,335,705 HESS CORP COM 42809H107 230,734,572 4,220,232 SH DEFINED 1 3,710,292 0 509,940 HOOKER FURNITURE CORP COM 439038100 10,630,702 1,272,355 SH DEFINED 1 1,048,668 0 223,687 ILLINOIS TOOL WORKS COM 452308109 164,495,908 5,349,526 SH DEFINED 1 4,689,092 0 660,434 INGERSOLL-RAND CO LTD-CL A COM G4776G101 133,816,848 9,632,831 SH DEFINED 1 8,407,381 0 1,225,450 INTERPUBLIC GROUP OF COS INC COM 460690100 21,257,620 5,141,680 SH DEFINED 1 4,997,280 0 144,400 ISHARES RUSSELL 1000 VALUE ETF 464287598 2,280,662 56,747 SH DEFINED 1 56,169 0 578 J.C. PENNEY CO INC COM 708160106 272,952 13,600 SH DEFINED 1 13,600 0 0 JPMORGAN CHASE & CO COM 46625H100 356,129,149 13,788,441 SH DEFINED 1 12,084,900 0 1,703,541 KADANT INC COM 48282T104 3,645,382 320,308 SH DEFINED 1 261,658 0 58,650 KEITHLEY INSTRUMENTS INC COM 487584104 5,906,490 1,742,979 SH DEFINED 1 1,394,314 0 348,665 KENNAMETAL INC COM 489170100 18,334,148 1,128,433 SH DEFINED 1 1,012,933 0 115,500 KIMBERLY-CLARK CORP COM 494368103 307,187,631 6,601,329 SH DEFINED 1 5,729,474 0 871,855 KRAFT FOODS INC-CLASS A COM 50075N104 138,895,719 6,244,505 SH DEFINED 1 5,410,877 0 833,628 LINCOLN ELECTRIC HOLDINGS COM 533900106 14,492,733 454,630 SH DEFINED 1 411,380 0 43,250 LOCKHEED MARTIN CORP COM 539830109 311,120,285 4,507,672 SH DEFINED 1 4,026,812 0 480,860 LOEWS CORP COM 540424108 344,223,261 15,760,798 SH DEFINED 1 13,916,950 0 1,843,848 LORILLARD INC COM 544147101 219,151,018 3,512,124 SH DEFINED 1 3,136,366 0 375,758 MARTEN TRANSPORT LTD COM 573075108 13,049,610 699,326 SH DEFINED 1 574,751 0 124,575 MATTSON TECHNOLOGY INC COM 577223100 5,318,289 6,325,814 SH DEFINED 1 5,905,577 0 420,237 MAXIM INTEGRATED PRODUCTS COM 57772K101 178,996 13,550 SH DEFINED 1 13,550 0 0 MERCK & CO. INC. COM 589331107 220,530,219 8,217,372 SH DEFINED 1 7,186,082 0 1,031,290 MERCURY GENERAL CORP COM 589400100 285,120 9,600 SH DEFINED 1 9,600 0 0 METLIFE INC COM 59156R108 215,483,406 9,720,997 SH DEFINED 1 8,407,059 0 1,313,938 MICROSOFT CORP COM 594918104 402,336,182 22,445,661 SH DEFINED 1 19,657,816 0 2,787,845 MORGAN STANLEY COM 617446448 209,484 9,200 SH DEFINED 1 9,200 0 0 MOSAIC CO/THE COM 61945A107 64,703,858 1,539,320 SH DEFINED 1 1,182,690 0 356,630 MOTOROLA INC COM 620076109 408,880,113 97,002,262 SH DEFINED 1 86,243,859 0 10,758,403 NEWMONT MINING CORP COM 651639106 22,917,120 512,000 SH DEFINED 1 509,600 0 2,400 NOBLE ENERGY INC COM 655044105 609,989,684 11,490,750 SH DEFINED 1 10,170,140 0 1,320,610 NORTHROP GRUMMAN CORP COM 666807102 2,234,368 51,200 SH DEFINED 1 51,200 0 0 NRG ENERGY INC COM 629377508 188,105,392 10,840,561 SH DEFINED 1 9,569,174 0 1,271,387 OMNICARE INC COM 681904108 4,875,268 199,756 SH DEFINED 1 194,256 0 5,500 PACKAGING CORP OF AMERICA COM 695156109 45,090,873 3,442,971 SH DEFINED 1 3,261,071 0 181,900 PACWEST BANCORP COM 695263103 5,954,035 417,639 SH DEFINED 1 349,139 0 68,500 PEOPLES UNITED FINANCIAL COM 712704105 23,222,053 1,302,090 SH DEFINED 1 1,264,690 0 37,400 PETROHAWK ENERGY CORP COM 716495106 5,595,083 291,770 SH DEFINED 1 283,620 0 8,150 PETROQUEST ENERGY INC COM 716748108 6,662,244 2,766,776 SH DEFINED 1 2,517,776 0 249,000 PFIZER INC COM 717081103 14,154,721 1,039,260 SH DEFINED 1 1,034,760 0 4,500 PHILIP MORRIS INTERNATIONAL COM 718172109 284,617,037 7,812,454 SH DEFINED 1 7,065,080 0 747,374 PITNEY BOWES INC COM 724479100 495,071,583 21,313,214 SH DEFINED 1 18,977,404 0 2,335,810 PMA CAPITAL CORPORATION-CL A COM 693419202 10,603,230 2,540,263 SH DEFINED 1 2,231,413 0 308,850 POSCO-ADR ADR 693483109 2,927,154 43,800 SH DEFINED 1 43,800 0 0 PROGRESS ENERGY INC-CVO COM 743263AA3 33,515 89,620 SH DEFINED 1 66,720 0 22,900 QUICKSILVER RESOURCES INC COM 74837R104 101,382 18,300 SH DEFINED 1 18,300 0 0 RANGE RESOURCES CORP COM 75281A109 398,199 9,637 SH DEFINED 1 9,637 0 0 RAYTHEON COMPANY COM 755111507 338,614,268 8,711,331 SH DEFINED 1 7,844,296 0 867,035 RBC BEARINGS INC COM 75524B104 4,034,605 263,907 SH DEFINED 1 219,607 0 44,300 REDWOOD TRUST INC COM 758075402 25,191,982 1,642,375 SH DEFINED 1 1,590,375 0 52,000 REINSURANCE GROUP OF AMERICA COM 759351604 111,392,644 3,475,708 SH DEFINED 1 3,326,408 0 149,300 RELIANCE STEEL & ALUMINUM COM 759509102 10,708,490 408,193 SH DEFINED 1 395,793 0 12,400 SANOFI-AVENTIS-ADR ADR 80105N105 296,154,380 10,706,438 SH DEFINED 1 9,435,389 0 1,271,049 SAUER-DANFOSS INC COM 804137107 3,177,980 1,273,861 SH DEFINED 1 1,183,643 0 90,218 SEPRACOR INC COM 817315104 75,662,828 5,190,360 SH DEFINED 1 4,883,860 0 306,500 SKILLED HEALTHCARE GROU-CL A COM 83066R107 1,189,638 145,806 SH DEFINED 1 114,267 0 31,539 SOUTHWESTERN ENERGY CO COM 845467109 584,893 19,700 SH DEFINED 1 19,700 0 0 ST MARY LAND & EXPLORATION CO COM 792228108 19,113,896 1,442,394 SH DEFINED 1 1,306,394 0 136,000 STANCORP FINANCIAL GROUP COM 852891100 19,091,449 845,443 SH DEFINED 1 759,843 0 85,600 STANDARD MICROSYSTEMS CORP COM 853626109 17,232,446 924,090 SH DEFINED 1 755,460 0 168,630 SUNCOR ENERGY INC COM 867229106 219,879 9,900 SH DEFINED 1 9,900 0 0 TALISMAN ENERGY INC COM 87425E103 177,158,174 17,172,730 SH DEFINED 1 15,160,804 0 2,011,926 TEMPLE-INLAND INC COM 879868107 22,119,008 4,135,815 SH DEFINED 1 3,745,815 0 390,000 TEXAS CAPITAL BANCSHARES INC COM 88224Q107 6,795,987 605,630 SH DEFINED 1 495,830 0 109,800 TEXAS INSTRUMENTS INC COM 882508104 189,419 11,473 SH DEFINED 1 5,800 0 5,673 TIMKEN CO COM 887389104 34,673,353 2,487,474 SH DEFINED 1 2,414,924 0 72,550 TOTAL SA-SPON ADR ADR 89151E109 4,709,760 96,000 SH DEFINED 1 96,000 0 0 TOWER GROUP INC COM 891777104 39,261,552 1,605,888 SH DEFINED 1 1,454,788 0 151,100 TRAVELERS COS INC/THE COM 89417E109 17,582,896 432,650 SH DEFINED 1 430,750 0 1,900 UNION PACIFIC CORP COM 907818108 200,385,301 4,867,591 SH DEFINED 1 4,244,443 0 623,148 UNITED STATES STEEL CORP COM 912909108 91,168,163 4,273,558 SH DEFINED 1 3,720,981 0 552,577 UNITED UTILITIES GROUP-ADR ADR 91311E102 2,814,645 203,071 SH DEFINED 1 203,071 0 0 UNUM GROUP COM 91529Y106 19,581,523 1,592,556 SH DEFINED 1 1,547,556 0 45,000 VERIZON COMMUNICATIONS INC COM 92343V104 209,290,402 6,927,784 SH DEFINED 1 6,044,707 0 883,077 VIACOM INC-CLASS B COM 92553P201 478,399,502 27,608,162 SH DEFINED 1 24,392,025 0 3,216,137 WARREN RESOURCES INC COM 93564A100 4,755,937 5,065,480 SH DEFINED 1 4,660,180 0 405,300 WAUSAU PAPER CORP COM 943315101 20,122,554 3,839,534 SH DEFINED 1 3,502,434 0 337,100 WD-40 CO COM 929236107 4,136,323 171,209 SH DEFINED 1 139,558 0 31,651 WELLS FARGO & CO COM 949746101 223,749,975 16,221,509 SH DEFINED 1 14,131,296 0 2,090,213 WESCO INTERNATIONAL INC COM 95082P105 11,014,775 612,250 SH DEFINED 1 596,650 0 15,600 WILLIS GROUP HOLDINGS LTD COM G96655108 5,173,788 233,494 SH DEFINED 1 226,994 0 6,500 YAMANA GOLD INC COM 98462Y100 12,820,316 1,390,915 SH DEFINED 1 1,141,715 0 249,200