13F-HR 1 v344930_13fhr.txt 13F-HR 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, 2013 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: Heartland Advisors, Inc. Address: 789 N. Water St. Suite 500 Milwaukee, WI 53202 Form 13F File Number: 28-3516 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: Paul T. Beste Title: Chief Operating Officer Phone: 414-347-7777 Signature, Place and Date of Signing: /s/ Paul T. Beste Milwaukee, Wisconsin May 14, 2013 ----------------- -------------------- ----------------- [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s). Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ----------- Form 13F Information Table Entry Total: 264 ----------- Form 13F Information Table Value Total: $ 5,450,325 ----------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE

Adjusted 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 ASSET ACCEP CAP CORP COM 04543P100 4229 627500 SH SOLE 627500 0 0 ABBVIE INC COM 00287Y109 2032 49825 SH SOLE 45485 0 4340 AECOM TECHNOLOGY CORP DELAWA COM 00766T100 16400 500000 SH SOLE 500000 0 0 ARCHER DANIELS MIDLAND CO COM 039483102 27605 818401 SH SOLE 740395 0 78006 AEGION CORP COM 00770F104 4630 200000 SH SOLE 200000 0 0 AGCO CORP COM 001084102 10289 197415 SH SOLE 177216 0 20199 ARGAN INC COM 04010E109 11120 745800 SH SOLE 716700 0 29100 ALBANY INTL CORP CL A 012348108 52994 1833703 SH SOLE 1833703 0 0 AAR CORP COM 000361105 9747 530000 SH SOLE 530000 0 0 ALCO STORES INC COM 001600105 2849 380400 SH SOLE 380400 0 0 ANALOGIC CORP COM PAR $0.05 032657207 68470 866494 SH SOLE 866494 0 0 ANALYSTS INTL CORP COM NEW 032681207 1836 478000 SH SOLE 478000 0 0 AMERICAN PUBLIC EDUCATION IN COM 02913V103 1745 50000 SH SOLE 50000 0 0 ACCURAY INC COM 004397105 27575 5942908 SH SOLE 5740350 0 202558 ASSOCIATED BANC CORP COM 045487105 61115 4023389 SH SOLE 4023389 0 0 ASTEC INDS INC COM 046224101 15719 450000 SH SOLE 450000 0 0 ATMI INC COM 00207R101 21136 942331 SH SOLE 846324 0 96007 AURICO GOLD INC COM 05155C105 54018 8574011 SH SOLE 8074776 0 499235 AMERICAN VANGUARD CORP COM 030371108 35760 1170922 SH SOLE 1170922 0 0 AVNET INC COM 053807103 11607 320624 SH SOLE 288256 0 32368 AVX CORP NEW COM 002444107 22956 1929044 SH SOLE 1929044 0 0 AVERY DENNISON CORP COM 053611109 1785 41453 SH SOLE 41453 0 0 BARRETT BILL CORP COM 06846N104 10135 500000 SH SOLE 500000 0 0 BLACK BOX CORP DEL COM 091826107 22518 1032454 SH SOLE 1032454 0 0 BARRETT BUSINESS SERVICES IN COM 068463108 5266 100000 SH SOLE 100000 0 0 BB&T CORP COM 054937107 18531 590360 SH SOLE 536649 0 53711 BUNGE LIMITED COM G16962105 29826 403981 SH SOLE 365639 0 38342 BRIGGS & STRATTON CORP COM 109043109 40697 1641005 SH SOLE 1641005 0 0 BENCHMARK ELECTRS INC COM 08160H101 10513 583396 SH SOLE 524299 0 59097 BERKSHIRE HILLS BANCORP INC COM 084680107 31189 1221202 SH SOLE 1221202 0 0 ACTUATE CORP COM 00508B102 8400 1400000 SH SOLE 1400000 0 0 BANK NEW YORK MELLON CORP COM 064058100 26045 930499 SH SOLE 832337 0 98162 BP PLC SPONSORED ADR 055622104 2904 69319 SH SOLE 60444 0 8875 BRADY CORP CL A 104674106 36829 1098395 SH SOLE 1098395 0 0 BOSTON SCIENTIFIC CORP COM 101137107 28733 3678976 SH SOLE 3323714 0 355262 CAE INC COM 124765108 489 50000 SH SOLE 50000 0 0 CAMBREX CORP COM 132011107 24887 1945850 SH SOLE 1910135 0 35715 CROSS CTRY HEALTHCARE INC COM 227483104 2655 500000 SH SOLE 500000 0 0 C D I CORP COM 125071100 29347 1706241 SH SOLE 1706241 0 0 COMMERCIAL METALS CO COM 201723103 45179 2850384 SH SOLE 2850384 0 0 CONMED CORP COM 207410101 79097 2322296 SH SOLE 2322296 0 0 CON-WAY INC COM 205944101 74881 2126692 SH SOLE 2126692 0 0 COBIZ FINANCIAL INC COM 190897108 4040 500000 SH SOLE 500000 0 0 CAPITAL ONE FINL CORP COM 14040H105 30442 553989 SH SOLE 503241 0 50748 CROCS INC COM 227046109 11088 748200 SH SOLE 706000 0 42200 CARBO CERAMICS INC COM 140781105 63378 695924 SH SOLE 695924 0 0 CISCO SYS INC COM 17275R102 25450 1217108 SH SOLE 1089692 0 127416 CENTERSTATE BANKS INC COM 15201P109 15510 1807715 SH SOLE 1807715 0 0 COMPUTER TASK GROUP INC COM 205477102 19552 914079 SH SOLE 914079 0 0 CTS CORP COM 126501105 25982 2488706 SH SOLE 2488706 0 0 CVS CAREMARK CORPORATION COM 126650100 13596 247239 SH SOLE 224967 0 22272 WILLIAMS CLAYTON ENERGY INC COM 969490101 5466 125000 SH SOLE 125000 0 0 CYBEROPTICS CORP COM 232517102 1124 200000 SH SOLE 200000 0 0 DENNYS CORP COM 24869P104 10955 1898600 SH SOLE 1898600 0 0 QUEST DIAGNOSTICS INC COM 74834L100 23831 422159 SH SOLE 383174 0 38985 DUN & BRADSTREET CORP DEL NE COM 26483E100 30476 364327 SH SOLE 332558 0 31769 DR PEPPER SNAPPLE GROUP INC COM 26138E109 2442 52010 SH SOLE 52010 0 0 DIGIRAD CORP COM 253827109 4536 1800000 SH SOLE 1800000 0 0 DYNAMICS RESH CORP COM 268057106 9346 1568100 SH SOLE 1476600 0 91500 DARDEN RESTAURANTS INC COM 237194105 17725 342968 SH SOLE 305696 0 37272 DEVON ENERGY CORP NEW COM 25179M103 24509 434408 SH SOLE 390938 0 43470 DESTINATION XL GROUP INC COM 25065K104 3563 700000 SH SOLE 700000 0 0 ENCORE CAP GROUP INC COM 292554102 21115 701480 SH SOLE 673730 0 27750 ELECTRO RENT CORP COM 285218103 22001 1186651 SH SOLE 1186651 0 0 CALLAWAY GOLF CO COM 131193104 1986 300000 SH SOLE 300000 0 0 ENDURANCE SPECIALTY HLDGS LT SHS G30397106 46506 972717 SH SOLE 896032 0 76685 ENSIGN GROUP INC COM 29358P101 30012 898566 SH SOLE 862076 0 36490 ENTEGRIS INC COM 29362U104 24085 2442705 SH SOLE 2442705 0 0 ENERPLUS CORP COM 292766102 438 30000 SH SOLE 30000 0 0 ESCO TECHNOLOGIES INC COM 296315104 36736 899075 SH SOLE 899075 0 0 ENSCO PLC SHS CLASS A G3157S106 22235 370590 SH SOLE 335787 0 34803 EZCORP INC CL A NON VTG 302301106 21994 1032579 SH SOLE 986304 0 46275 FIRSTCITY FINL CORP COM 33761X107 7709 785000 SH SOLE 785000 0 0 FIRST INTST BANCSYSTEM INC COM CL A 32055Y201 24670 1311556 SH SOLE 1182001 0 129555 FLOW INTL CORP COM 343468104 2753 703966 SH SOLE 703966 0 0 FREDS INC CL A 356108100 64301 4700362 SH SOLE 4629962 0 70400 FURMANITE CORPORATION COM 361086101 2111 315527 SH SOLE 315527 0 0 FEDERAL SIGNAL CORP COM 313855108 71933 8837000 SH SOLE 8837000 0 0 FOSTER L B CO COM 350060109 8858 200000 SH SOLE 200000 0 0 FUEL SYS SOLUTIONS INC COM 35952W103 4941 300000 SH SOLE 300000 0 0 FUEL TECH INC COM 359523107 1196 276900 SH SOLE 276900 0 0 GLACIER BANCORP INC NEW COM 37637Q105 35420 1866164 SH SOLE 1866164 0 0 GREEN DOT CORP CL A 39304D102 6684 400000 SH SOLE 400000 0 0 GREIF INC CL A 397624107 37254 694785 SH SOLE 694785 0 0 GUESS INC COM 401617105 16178 651549 SH SOLE 590426 0 61123 GRAHAM CORP COM 384556106 669 27032 SH SOLE 27032 0 0 GULF ISLAND FABRICATION INC COM 402307102 29126 1383017 SH SOLE 1383017 0 0 CORNING INC COM 219350105 1889 141728 SH SOLE 141728 0 0 GATX CORP COM 361448103 74641 1436230 SH SOLE 1436230 0 0 GOLDEN STAR RES LTD CDA COM 38119T104 42928 26830259 SH SOLE 25568634 0 1261625 GRANITE CONSTR INC COM 387328107 79678 2502445 SH SOLE 2502445 0 0 HAWAIIAN HOLDINGS INC COM 419879101 7200 1250000 SH SOLE 1250000 0 0 HARMAN INTL INDS INC COM 413086109 21192 474830 SH SOLE 425939 0 48891 HARDINGE INC COM 412324303 6815 500000 SH SOLE 500000 0 0 HESS CORP COM 42809H107 29001 404984 SH SOLE 363824 0 41160 HF FINL CORP COM 404172108 4799 350000 SH SOLE 350000 0 0 HERITAGE FINL CORP WASH COM 42722X106 3625 250000 SH SOLE 250000 0 0 HOOPER HOLMES INC COM 439104100 6282 13657601 SH SOLE 13098594 0 559007 HARTE-HANKS INC COM 416196103 29613 3801423 SH SOLE 3801423 0 0 HECLA MNG CO COM 422704106 5925 1500000 SH SOLE 1500000 0 0 HORACE MANN EDUCATORS CORP N COM 440327104 26071 1250408 SH SOLE 1250408 0 0 HARRIS INTERACTIVE INC COM 414549105 1176 700000 SH SOLE 700000 0 0 HARRIS CORP DEL COM 413875105 2233 48185 SH SOLE 48185 0 0 HORIZON TECHNOLOGY FIN CORP COM 44045A102 1018 69725 SH SOLE 47275 0 22450 HARSCO CORP COM 415864107 7431 300000 SH SOLE 300000 0 0 HEIDRICK & STRUGGLES INTL IN COM 422819102 25874 1730729 SH SOLE 1730729 0 0 HESKA CORP COM RESTRC NEW 42805E306 1921 207200 SH SOLE 207200 0 0 HUDSON GLOBAL INC COM 443787106 18350 4657321 SH SOLE 4431021 0 226300 HOSPIRA INC COM 441060100 28577 870451 SH SOLE 780901 0 89550 HUMANA INC COM 444859102 13574 196415 SH SOLE 176494 0 19921 HEALTHWAYS INC COM 422245100 2202 179750 SH SOLE 179750 0 0 IAMGOLD CORP COM 450913108 2702 374238 SH SOLE 327738 0 46500 TIGER MEDIA INC SHS G88685105 1380 1200000 SH SOLE 1200000 0 0 INTEGRATED DEVICE TECHNOLOGY COM 458118106 9789 1310395 SH SOLE 1310395 0 0 INDEPENDENT BANK CORP MASS COM 453836108 33520 1028524 SH SOLE 1028524 0 0 INTEL CORP COM 458140100 23018 1053473 SH SOLE 944695 0 108778 INTERSECTIONS INC COM 460981301 11594 1232109 SH SOLE 1232109 0 0 INTREPID POTASH INC COM 46121Y102 47881 2552297 SH SOLE 2552297 0 0 INVESTORS REAL ESTATE TR SH BEN INT 461730103 2353 238364 SH SOLE 213514 0 24850 IRIDEX CORP COM 462684101 1521 335703 SH SOLE 335703 0 0 INVACARE CORP COM 461203101 60224 4614863 SH SOLE 4543763 0 71100 JETBLUE AIRWAYS CORP COM 477143101 3450 500000 SH SOLE 500000 0 0 JOHN BEAN TECHNOLOGIES CORP COM 477839104 21688 1045185 SH SOLE 1045185 0 0 JOHNSON CTLS INC COM 478366107 28176 803417 SH SOLE 730199 0 73218 JANUS CAP GROUP INC COM 47102X105 5388 573150 SH SOLE 491250 0 81900 JONES GROUP INC COM 48020T101 6360 500000 SH SOLE 500000 0 0 KAISER ALUMINUM CORP COM PAR $0.01 483007704 63520 982519 SH SOLE 982519 0 0 KBR INC COM 48242W106 18709 583209 SH SOLE 523135 0 60074 KAYDON CORP COM 486587108 37942 1483272 SH SOLE 1483272 0 0 KNIGHT TRANSN INC COM 499064103 10415 646865 SH SOLE 580386 0 66479 KOHLS CORP COM 500255104 11791 255593 SH SOLE 222478 0 33115 LAKELAND INDS INC COM 511795106 326 91396 SH SOLE 91396 0 0 LAYNE CHRISTENSEN CO COM 521050104 8552 400000 SH SOLE 400000 0 0 LYDALL INC DEL COM 550819106 10745 700000 SH SOLE 700000 0 0 LEAPFROG ENTERPRISES INC CL A 52186N106 2140 250000 SH SOLE 250000 0 0 LHC GROUP INC COM 50187A107 10745 500000 SH SOLE 500000 0 0 LINCOLN EDL SVCS CORP COM 533535100 24047 4103616 SH SOLE 3855911 0 247705 LANTRONIX INC COM NEW 516548203 2079 1004557 SH SOLE 1004557 0 0 SOUTHWEST AIRLS CO COM 844741108 24259 1799634 SH SOLE 1615081 0 184553 LEXMARK INTL NEW CL A 529771107 2588 98035 SH SOLE 98035 0 0 MAGNETEK INC COM NEW 559424403 4191 299999 SH SOLE 299999 0 0 MANPOWERGROUP INC COM 56418H100 24507 432072 SH SOLE 387751 0 44321 MANTECH INTL CORP CL A 564563104 35886 1335537 SH SOLE 1335537 0 0 MICREL INC COM 594793101 41674 3965173 SH SOLE 3965173 0 0 MEREDITH CORP COM 589433101 44165 1154345 SH SOLE 1154345 0 0 MCDERMOTT INTL INC COM 580037109 20275 1844836 SH SOLE 1651314 0 193522 MDU RES GROUP INC COM 552690109 384 15373 SH SOLE 13827 0 1546 MFRI INC COM 552721102 4153 576000 SH SOLE 576000 0 0 MEADOWBROOK INS GROUP INC COM 58319P108 2115 300000 SH SOLE 300000 0 0 MKS INSTRUMENT INC COM 55306N104 17680 650000 SH SOLE 650000 0 0 MOLEX INC COM 608554200 2304 95509 SH SOLE 95509 0 0 MOSAIC CO NEW COM 61945C103 21392 358873 SH SOLE 321883 0 36990 MARATHON OIL CORP COM 565849106 26073 773230 SH SOLE 698777 0 74453 MARTEN TRANS LTD COM 573075108 6039 300000 SH SOLE 300000 0 0 MAINSOURCE FINANCIAL GP INC COM 56062Y102 2808 200000 SH SOLE 200000 0 0 MICROSOFT CORP COM 594918104 994 34773 SH SOLE 22788 0 11985 MIDSOUTH BANCORP INC COM 598039105 8302 510603 SH SOLE 510603 0 0 MATERION CORP COM 576690101 54861 1924944 SH SOLE 1924944 0 0 MATRIX SVC CO COM 576853105 1490 100000 SH SOLE 100000 0 0 MASTEC INC COM 576323109 9904 339763 SH SOLE 305481 0 34282 NAVIGANT CONSULTING INC COM 63935N107 55153 4197361 SH SOLE 4197361 0 0 NEWMONT MINING CORP COM 651639106 898 21445 SH SOLE 18340 0 3105 NORTH VALLEY BANCORP COM NEW 66304M204 7080 400000 SH SOLE 400000 0 0 NEWPARK RES INC COM PAR $.01NEW 651718504 43031 4636950 SH SOLE 4539850 0 97100 NORTHWEST PIPE CO COM 667746101 20476 731825 SH SOLE 701600 0 30225 QUANEX BUILDING PRODUCTS COR COM 747619104 40736 2530156 SH SOLE 2530156 0 0 OMNICARE INC COM 681904108 39338 966049 SH SOLE 942549 0 23500 OIL DRI CORP AMER COM 677864100 5446 200000 SH SOLE 200000 0 0 OLIN CORP COM PAR $1 680665205 89492 3548434 SH SOLE 3548434 0 0 OWENS & MINOR INC NEW COM 690732102 46772 1436477 SH SOLE 1436477 0 0 OLD NATL BANCORP IND COM 680033107 58292 4239427 SH SOLE 4239427 0 0 OFFICIAL PMTS HLDGS INC COM 67623R106 9072 1600000 SH SOLE 1600000 0 0 ORBITAL SCIENCES CORP COM 685564106 2042 122345 SH SOLE 122345 0 0 OMNIVISION TECHNOLOGIES INC COM 682128103 21543 1563350 SH SOLE 1483325 0 80025 PACER INTL INC TENN COM 69373H106 5030 1000000 SH SOLE 1000000 0 0 PAR TECHNOLOGY CORP COM 698884103 707 150000 SH SOLE 150000 0 0 PACIFIC CONTINENTAL CORP COM 69412V108 4237 379305 SH SOLE 379305 0 0 P C CONNECTION COM 69318J100 3270 200000 SH SOLE 200000 0 0 PC-TEL INC COM 69325Q105 2196 309233 SH SOLE 309233 0 0 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SHS CL A Q9235V101 33697 1700990 SH SOLE 1700990 0 0 TRC COS INC COM 872625108 17319 2685075 SH SOLE 2556412 0 128663 TETRA TECHNOLOGIES INC DEL COM 88162F105 15390 1500000 SH SOLE 1500000 0 0 UNIVERSAL FST PRODS INC COM 913543104 61397 1542249 SH SOLE 1503683 0 38566 UNITED INS HLDGS CORP COM 910710102 6590 1150000 SH SOLE 1150000 0 0 ULTRALIFE CORP COM 903899102 4380 1000000 SH SOLE 1000000 0 0 UMPQUA HLDGS CORP COM 904214103 51386 3875237 SH SOLE 3875237 0 0 UNIT CORP COM 909218109 122416 2687509 SH SOLE 2676384 0 11125 ULTRA PETROLEUM CORP COM 903914109 83098 4134213 SH SOLE 4134213 0 0 URS CORP NEW COM 903236107 35276 744057 SH SOLE 668436 0 75621 UNITED STATIONERS INC COM 913004107 3527 91286 SH SOLE 91286 0 0 UNIVERSAL TECHNICAL INST INC COM 913915104 2752 217900 SH SOLE 217900 0 0 WERNER ENTERPRISES INC COM 950755108 8449 350000 SH SOLE 350000 0 0 WILLBROS GROUP INC DEL COM 969203108 17114 1742720 SH SOLE 1742720 0 0 WHITEHORSE FIN INC COM 96524V106 206 13130 SH SOLE 10255 0 2875 ENCORE WIRE CORP COM 292562105 55271 1578270 SH SOLE 1578270 0 0 WORTHINGTON INDS INC COM 981811102 64688 2088066 SH SOLE 2088066 0 0 WPX ENERGY INC COM 98212B103 32653 2038285 SH SOLE 2038285 0 0 WILLIS GROUP HOLDINGS PUBLIC SHS G96666105 24597 622877 SH SOLE 564553 0 58324 WESTELL TECHNOLOGIES INC CL A 957541105 9648 4800000 SH SOLE 4800000 0 0 WESTERN UN CO COM 959802109 3322 220906 SH SOLE 213256 0 7650 EXELIS INC COM 30162A108 3267 300000 SH SOLE 300000 0 0 ZEP INC COM 98944B108 26947 1795290 SH SOLE 1795290 0 0 OLYMPIC STEEL INC COM 68162K106 13924 582607 SH SOLE 582607 0 0 ZIONS BANCORPORATION COM 989701107 719 28778 SH SOLE 28778 0 0 ZIMMER HLDGS INC COM 98956P102 22402 297824 SH SOLE 269438 0 28386 5450325 264