13F-HR 1 t305690.txt NWQ 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, 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 11/13/2009 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: 150 Form 13F Information Table Value Total: $17,233,998,066 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 ADR 00443E104 45,271,161 3,584,415 SH DEFINED 1 3,222,326 0 0 Actel Corp COM 004934105 18,656,805 1,533,016 SH DEFINED 1 1,225,616 0 0 Aetna Inc COM 00817Y108 214,177,426 7,695,919 SH DEFINED 1 6,675,283 0 148,991 Agilent Technologies Inc COM 00846U101 78,346,292 2,815,174 SH DEFINED 1 2,721,056 0 94,118 Albany International Corp COM 012348108 17,703,544 907,992 SH DEFINED 1 716,242 0 0 Allied World Assurance Co Holdings Lt COM G0219G203 9,967,715 207,964 SH DEFINED 1 200,814 0 0 Amgen Inc COM 031162100 657,243,191 10,912,223 SH DEFINED 1 9,301,819 0 160,024 AngloGold Ashanti Ltd ADR 035128206 507,878,404 12,460,216 SH DEFINED 1 10,549,323 0 138,210 Annaly Capital Management Inc COM 035710409 369,068 19,600 SH DEFINED 1 19,600 0 0 AON Corp COM 037389103 379,225,022 9,319,858 SH DEFINED 1 7,950,828 0 131,830 Apache Corp COM 037411105 670,731,830 7,304,060 SH DEFINED 1 6,225,007 0 105,093 Approach Resources Inc COM 03834A103 17,042,161 1,876,890 SH DEFINED 1 1,497,789 0 0 Arrow Electronics Inc COM 042735100 23,314,703 828,231 SH DEFINED 1 804,831 0 0 Aspen Insurance Holdings Ltd COM G05384105 20,117,676 760,018 SH DEFINED 1 598,818 0 0 Assurant Inc COM 04621X108 25,924,582 808,627 SH DEFINED 1 785,677 0 0 AT&T Inc COM 00206R102 236,007,303 8,737,775 SH DEFINED 1 7,341,770 0 157,537 Avnet Inc COM 053807103 22,920,291 882,568 SH DEFINED 1 857,718 0 0 Avocent Corp COM 053893103 62,928,600 3,104,519 SH DEFINED 1 2,779,619 0 0 Banco Santander SA ADR 05964H105 3,730,650 231,000 SH DEFINED 1 231,000 0 0 Bank of New York Mellon Corp/The COM 064058100 282,768 9,754 SH DEFINED 1 9,754 0 0 Barclays Bank PLC PFD 06739F390 1,163,190 57,300 SH DEFINED 1 57,300 0 0 Barclays Bank PLC PFD 06739H776 1,115,000 50,000 SH DEFINED 1 50,000 0 0 Barclays Bank PLC PFD 06739H362 732,000 30,000 SH DEFINED 1 30,000 0 0 Barrick Gold Corp COM 067901108 596,341,113 15,734,594 SH DEFINED 1 13,677,415 0 178,682 Belden Inc COM 077454106 18,736,898 809,725 SH DEFINED 1 702,725 0 0 Bill Barrett Corp COM 06846N104 37,115,493 1,131,915 SH DEFINED 1 1,012,315 0 0 BJ Services Co COM 055482103 6,288,963 323,051 SH DEFINED 1 315,551 0 0 Bob Evans Farms Inc/DE COM 096761101 12,521,809 430,895 SH DEFINED 1 341,399 0 0 Bristol-Myers Squibb Co COM 110122108 10,102,275 442,500 SH DEFINED 1 442,500 0 0 Brocade Communications Systems Inc COM 111621306 26,568,065 3,380,161 SH DEFINED 1 3,021,611 0 0 Buckeye Technologies Inc COM 118255108 10,949,493 1,020,456 SH DEFINED 1 813,756 0 0 CA Inc COM 12673P105 839,517,969 38,177,261 SH DEFINED 1 32,714,272 0 526,676 Canadian Natural Resources Ltd COM 136385101 780,257 11,600 SH DEFINED 1 11,600 0 0 Carpenter Technology Corp COM 144285103 7,215,020 308,466 SH DEFINED 1 300,066 0 0 Carrizo Oil & Gas Inc COM 144577103 1,632,259 66,650 SH DEFINED 1 60,650 0 0 Casey's General Stores Inc COM 147528103 44,204,912 1,408,697 SH DEFINED 1 1,259,788 0 0 Caterpillar Inc COM 149123101 5,528,241 107,700 SH DEFINED 1 107,700 0 0 CBS Corp COM 124857202 156,082,533 12,926,177 SH DEFINED 1 11,062,731 0 203,546 CF Industries Holdings Inc COM 125269100 18,575,494 215,418 SH DEFINED 1 205,918 0 0 CIRCOR International Inc COM 17273K109 44,278,277 1,566,818 SH DEFINED 1 1,397,618 0 0 Coherent Inc COM 192479103 24,403,214 1,046,450 SH DEFINED 1 989,400 0 0 Columbia Banking Systems Inc COM 197236102 1,117,125 67,500 SH DEFINED 1 60,100 0 0 Comcast Corp COM 20030N200 403,146,552 25,071,303 SH DEFINED 1 21,581,894 0 392,807 ConocoPhillips COM 20825C104 103,470,366 2,291,195 SH DEFINED 1 1,982,817 0 28,950 CVS Caremark Corp COM 126650100 187,438,966 5,244,515 SH DEFINED 1 4,090,868 0 6,677 Denbury Resources Inc COM 247916208 18,300,355 1,209,541 SH DEFINED 1 1,177,791 0 0 EDP - Energias de Portugal SA ADR 268353109 4,236,589 92,600 SH DEFINED 1 92,600 0 0 Elizabeth Arden Inc COM 28660G106 52,963,105 4,499,839 SH DEFINED 1 4,043,264 0 0 ENI SpA ADR 26874R108 6,564,705 128,925 SH DEFINED 1 128,925 0 0 EOG Resources Inc COM 26875P101 218,732,398 2,619,236 SH DEFINED 1 2,244,376 0 39,795 Exxon Mobil Corp COM 30231G102 4,203,597 61,268 SH DEFINED 1 61,268 0 0 First Mercury Financial Corp COM 320841109 11,733,415 880,887 SH DEFINED 1 700,893 0 0 Flaherty & Crumrine/Claymore Preferred Securities MFO 338478100 2,070,400 160,000 SH DEFINED 1 160,000 0 0 Frontier Communications Corp COM 35906A108 2,385,656 316,400 SH DEFINED 1 316,400 0 0 Gardner Denver Inc COM 365558105 22,542,281 646,281 SH DEFINED 1 628,731 0 0 General Cable Corp COM 369300108 21,046,883 537,596 SH DEFINED 1 482,746 0 0 General Electric Co COM 369604103 4,437,520 268,615 SH DEFINED 1 268,615 0 0 Genworth Financial Inc COM 37247D106 320,972,041 26,859,585 SH DEFINED 1 22,939,632 0 306,100 Gibraltar Industries Inc COM 374689107 21,250,605 1,601,402 SH DEFINED 1 1,447,102 0 0 GlaxoSmithKline PLC ADR 37733W105 5,523,983 138,200 SH DEFINED 1 138,200 0 ` Golfsmith International Holdings Inc COM 38168Y103 3,117,360 1,272,392 SH DEFINED 1 1,045,828 0 0 Griffon Corp COM 398433102 48,520,442 4,818,316 SH DEFINED 1 4,319,795 0 0 Halliburton Co COM 406216101 190,555,507 7,026,383 SH DEFINED 1 5,884,525 0 109,358 Hanover Insurance Group Inc/The COM 410867105 36,187,432 875,573 SH DEFINED 1 796,373 0 0 Hartford Financial Services Group Inc COM 416515104 394,909,748 14,882,808 SH DEFINED 1 12,467,927 0 151,258 HCC Insurance Holdings Inc COM 404132102 7,888,823 287,366 SH DEFINED 1 279,266 0 0 Hess Corp COM 42809H107 223,046,026 4,172,204 SH DEFINED 1 3,563,980 0 66,969 Hooker Furniture Corp COM 439038100 10,108,004 748,741 SH DEFINED 1 596,704 0 0 HSBC Holdings PLC PFD 404280604 389,693 18,100 SH DEFINED 1 18,100 0 0 Ingersoll-Rand Plc COM G47791101 283,613,219 9,247,252 SH DEFINED 1 7,823,510 0 145,318 Interpublic Group of Cos Inc COM 460690100 31,312,806 4,163,937 SH DEFINED 1 3,984,237 0 0 Intrepid Potash Inc COM 46121Y102 11,737,016 497,542 SH DEFINED 1 483,242 0 0 iShares iBoxx Investment Grade Corpor _FInd Fund ETF 464287242 56,914,740 533,509 SH DEFINED 1 533,009 0 0 iShares Russell 1000 Value Index Fund ETF 464287598 355,025 6,398 SH DEFINED 1 6,364 0 34 JPMorgan Chase & Co COM 46625H100 396,275,872 9,043,265 SH DEFINED 1 7,724,583 0 135,750 Keithley Instruments Inc COM 487584104 7,849,726 1,416,918 SH DEFINED 1 1,077,153 0 0 Kimberly-Clark Corp COM 494368103 379,664,277 6,404,566 SH DEFINED 1 5,431,217 0 116,202 Kraft Foods Inc COM 50075N104 4,482,401 168,793 SH DEFINED 1 167,982 0 811 Kroger Co/The COM 501044101 181,743,993 8,805,426 SH DEFINED 1 7,559,357 0 120,564 Lincoln Electric Holdings Inc COM 533900106 19,727,148 413,827 SH DEFINED 1 377,127 0 0 Lockheed Martin Corp COM 539830109 470,824,586 6,030,028 SH DEFINED 1 5,317,597 0 85,383 Loews Corp COM 540424108 550,710,819 16,079,148 SH DEFINED 1 13,738,157 0 217,895 Lorillard Inc COM 544147101 2,139,840 28,800 SH DEFINED 1 28,800 0 0 Marten Transport Ltd COM 573075108 10,765,747 631,052 SH DEFINED 1 499,777 0 0 Mattson Technology Inc COM 577223100 15,337,754 5,438,920 SH DEFINED 1 4,989,383 0 0 Merck & Co Inc/NJ COM 589331107 272,515,607 8,561,515 SH DEFINED 1 7,222,293 0 132,927 MetLife Inc COM 59156R108 354,439,124 9,310,195 SH DEFINED 1 7,701,683 0 163,482 Microsoft Corp COM 594918104 548,083,658 21,309,629 SH DEFINED 1 18,159,023 0 341,806 Middleby Corp COM 596278101 22,480,387 408,660 SH DEFINED 1 366,260 0 0 Mosaic Co/The COM 61945A107 138,448,666 2,880,147 SH DEFINED 1 2,409,872 0 45,245 Motorola Inc COM 620076109 782,775,398 91,126,356 SH DEFINED 1 78,415,757 0 1,749,064 Newmont Mining Corp COM 651639106 15,853,671 360,147 SH DEFINED 1 357,747 0 0 Noble Energy Inc COM 655044105 712,968,830 10,809,109 SH DEFINED 1 9,282,955 0 157,624 Northrop Grumman Corp COM 666807102 1,350,675 26,100 SH DEFINED 1 26,100 0 0 NRG Energy Inc COM 629377508 275,937,815 9,788,500 SH DEFINED 1 8,353,339 0 137,991 Omnicare Inc COM 681904108 13,970,868 620,376 SH DEFINED 1 603,076 0 0 Packaging Corp of America COM 695156109 60,155,169 2,932,618 SH DEFINED 1 2,752,368 0 0 PacWest Bancorp COM 695263103 11,729,904 615,743 SH DEFINED 1 487,943 0 0 People's United Financial Inc COM 712704105 16,551,577 1,063,726 SH DEFINED 1 1,033,226 0 0 Perrigo Co COM 714290103 13,315,922 391,760 SH DEFINED 1 380,710 0 0 PetroHawk Energy Corp COM 716495106 23,318,321 963,169 SH DEFINED 1 923,369 0 0 Petroquest Energy Inc COM 716748108 17,937,886 2,763,927 SH DEFINED 1 2,442,627 0 0 Pfizer Inc COM 717081103 18,367,190 1,109,800 SH DEFINED 1 1,105,300 0 0 Philip Morris International Inc COM 718172109 371,769,350 7,581,619 SH DEFINED 1 6,656,836 0 122,518 Pitney Bowes Inc COM 724479100 552,596,160 22,237,270 SH DEFINED 1 19,125,378 0 295,932 PMA Capital Corp COM 693419202 14,406,346 2,531,871 SH DEFINED 1 2,151,971 0 0 POSCO ADR 693483109 2,297,074 22,100 SH DEFINED 1 22,100 0 0 Progress Energy Inc COM 743263AA3 14,591 63,440 SH DEFINED 1 40,540 0 0 Quicksilver Resources Inc COM 74837R104 595,710 41,981 SH DEFINED 1 41,981 0 0 Raytheon Co COM 755111507 408,329,562 8,512,186 SH DEFINED 1 7,553,208 0 134,288 RBC Bearings Inc COM 75524B104 11,516,061 493,616 SH DEFINED 1 394,366 0 0 Redwood Trust Inc COM 758075402 39,019,334 2,491,010 SH DEFINED 1 2,386,210 0 0 Reinsurance Group of America Inc COM 759351604 130,646,423 2,929,292 SH DEFINED 1 2,794,292 0 0 Reliance Steel & Aluminum Co COM 759509102 17,358,564 407,861 SH DEFINED 1 395,461 0 0 Rockwell Collins Inc COM 774341101 3,048,000 60,000 SH DEFINED 1 0 0 0 Royal Bank of Scotland Group PLC PFD 780097739 240,552 22,758 SH DEFINED 1 22,758 0 0 Royal Bank of Scotland Group PLC PFD 780097713 249,333 21,402 SH DEFINED 1 21,402 0 0 Royal Gold Inc COM 780287108 19,470,655 426,333 SH DEFINED 1 339,283 0 0 Sanofi-Aventis SA ADR 80105N105 387,626,044 10,490,556 SH DEFINED 1 8,927,681 0 112,415 Skilled Healthcare Group Inc COM 83066R107 9,744,686 1,213,535 SH DEFINED 1 956,846 0 0 Southwestern Energy Co COM 845467109 708,488 16,600 SH DEFINED 1 16,600 0 0 ST MARY LD & EXPL CO COM COM 792228108 53,824,198 1,658,170 SH DEFINED 1 1,493,770 0 0 StanCorp Financial Group Inc COM 852891100 49,022,946 1,214,341 SH DEFINED 1 1,092,141 0 0 Standard Microsystems Corp COM 853626109 17,446,609 751,685 SH DEFINED 1 595,705 0 0 Suncor Energy Inc COM 867224107 445,824 12,900 SH DEFINED 1 12,900 0 0 Talisman Energy Inc COM 87425E103 275,308,203 15,877,059 SH DEFINED 1 13,461,742 0 185,694 Temple-Inland Inc COM 879868107 13,108,398 798,319 SH DEFINED 1 713,469 0 0 Texas Capital Bancshares Inc COM 88224Q107 26,381,914 1,566,622 SH DEFINED 1 1,394,672 0 0 Texas Instruments Inc COM 882508104 262,319 11,073 SH DEFINED 1 5,400 0 0 Thompson Creek Metals Co Inc COM 884768102 13,390,422 1,109,397 SH DEFINED 1 887,497 0 0 Timken Co COM 887389104 52,572,140 2,243,796 SH DEFINED 1 2,156,546 0 0 Total SA ADR 89151E109 7,305,277 123,275 SH DEFINED 1 123,275 0 0 Tower Group Inc COM 891777104 57,738,642 2,367,308 SH DEFINED 1 2,170,908 0 0 Transatlantic Holdings Inc COM 893521104 12,207,615 243,325 SH DEFINED 1 218,725 0 0 Travelers Cos Inc/The COM 89417E109 45,721,821 928,739 SH DEFINED 1 770,445 0 14,794 Union Pacific Corp COM 907818108 279,755,501 4,783,129 SH DEFINED 1 4,048,456 0 82,199 Unum Group COM 91529Y106 9,109,256 424,872 SH DEFINED 1 424,872 0 0 US Bancorp COM 902973304 301,153 13,745 SH DEFINED 1 13,745 0 0 Vanguard Long-Term Tax-Exempt Fund MFO 922907308 2,252,675 199,528 SH DEFINED 1 22,953 0 0 Verizon Communications Inc COM 92343V104 207,494,826 6,854,801 SH DEFINED 1 5,908,247 0 120,098 Viacom Inc COM 92553P201 730,608,221 26,055,928 SH DEFINED 1 22,186,429 0 368,786 WABCO Holdings Inc COM 92927K102 12,476,835 594,135 SH DEFINED 1 472,335 0 0 Warren Resources Inc COM 93564A100 13,114,543 4,430,589 SH DEFINED 1 4,025,289 0 0 Wausau Paper Corp COM 943315101 39,853,730 3,985,373 SH DEFINED 1 3,559,373 0 0 Wells Fargo & Co COM 949746101 352,517,823 12,509,504 SH DEFINED 1 10,537,013 0 202,635 Wells Fargo & Co PFD 949746804 2,042,291 2,287 SH DEFINED 1 2,287 0 0 WESCO International Inc COM 95082P105 16,255,411 564,424 SH DEFINED 1 549,924 0 0 Western Alliance Bancorp COM 957638109 16,976,355 2,690,389 SH DEFINED 1 2,415,289 0 0 Willis Group Holdings Ltd COM G96655108 7,062,260 248,650 SH DEFINED 1 242,150 0 0 Yamana Gold Inc COM 98462Y100 23,597,040 2,201,811 SH DEFINED 1 2,140,261 0 0