13F-HR/A 1 t304150.txt #1 -- 12/31/07 UNITED STATES SECURITIES AND EXCHANGE COMMISSION "Washington, D.C. 20549" FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2007 Check here if Amendment [X]; Amendment Number: 1 This Amendment (Check only one.): [ ] is a restatement . [X] adds new holdings 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 p erson 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 02/15/2008 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: 142 Form 13F Information Table Value Total: $30,856,555 List of Other Included Managers: No. 13F File Number Name 1 - 028-11405 -- Nuveen Investments, Inc.

13F VOTING AUTHORITY TITLE OF VALUE SHARES/ SH/ NAME OF ISSUER CLASS CUSIP NO (X$1000) PRN AMT PRN INVSTMT OTHER SOLE SHARED NONE DSCRETN MANAGERS ------------------------------------------------------------------------------------------------------------------------------------ ABITIBIBOWATER INC COM 003687100 74,403 3,610,017 SH DEFINED 1 3,367,039 0 242,978 ACERGY SA-SPON ADR ADR 00443E104 47,705 2,171,344 SH DEFINED 1 1,959,205 0 212,139 ACUITY BRANDS INC COM 00508Y102 30,208 671,281 SH DEFINED 1 609,481 0 61,800 AETNA INC COM 00817Y108 398,224 6,898,030 SH DEFINED 1 5,964,794 0 933,236 AGILENT TECHNOLOGIES INC COM 00846U101 225,393 6,134,819 SH DEFINED 1 5,283,880 0 850,939 AGRIUM INC COM 008916108 26,404 365,659 SH DEFINED 1 354,109 0 11,550 ALBANY INTL CORP-CL A COM 012348108 34,219 922,338 SH DEFINED 1 783,638 0 138,700 ALESCO FINANCIAL INC COM 014485106 11,190 3,411,479 SH DEFINED 1 2,804,579 0 606,900 ALLEGHANY CORP COM 017175100 220 548 SH DEFINED 1 0 0 548 ALTRIA GROUP INC COM 02209S103 850,175 11,248,680 SH DEFINED 1 10,101,241 0 1,147,439 AMERICREDIT CORP COM 03060R101 20,856 1,630,615 SH DEFINED 1 1,630,615 0 0 AMGEN INC COM 031162100 616,846 13,282,653 SH DEFINED 1 11,445,723 0 1,836,930 AON CORP COM 037389103 652,534 13,682,829 SH DEFINED 1 11,864,112 0 1,818,717 APACHE CORP COM 037411105 1,418,872 13,193,903 SH DEFINED 1 11,501,214 0 1,692,689 APPROACH RESOURCES INC COM 03834A103 15,152 1,178,256 SH DEFINED 1 1,009,367 0 168,889 ARROW ELECTRONICS INC COM 042735100 31,154 793,108 SH DEFINED 1 769,008 0 24,100 AT&T INC COM 00206R102 676,207 16,270,635 SH DEFINED 1 13,669,638 0 2,600,997 AVNET INC COM 053807103 9,956 284,721 SH DEFINED 1 276,121 0 8,600 BANCORP INC/THE COM 05969A105 16,936 1,258,205 SH DEFINED 1 1,055,994 0 202,211 BANK OF AMERICA CORP COM 060505104 242,620 5,880,274 SH DEFINED 1 5,115,278 0 764,996 BARRICK GOLD CORP COM 067901108 1,138,112 27,065,679 SH DEFINED 1 24,034,595 0 3,031,084 BELDEN INC COM 077454106 34,045 765,061 SH DEFINED 1 649,561 0 115,500 BILL BARRETT CORP COM 06846N104 26,973 644,214 SH DEFINED 1 542,464 0 101,750 BOB EVANS FARMS COM 096761101 31,070 1,153,716 SH DEFINED 1 981,116 0 172,600 BUCKEYE TECHNOLOGIES INC COM 118255108 10,831 866,429 SH DEFINED 1 746,379 0 120,050 CA INC COM 12673P105 1,438,903 57,671,494 SH DEFINED 1 50,496,007 0 7,175,487 CARPENTER TECHNOLOGY COM 144285103 10,575 140,679 SH DEFINED 1 136,379 0 4,300 CASEY'S GENERAL STORES INC COM 147528103 67,603 2,283,106 SH DEFINED 1 2,072,306 0 210,800 CATERPILLAR INC COM 149123101 8,926 123,010 SH DEFINED 1 120,900 0 2,110 CBS CORP-CLASS B COM 124857202 478,709 17,567,325 SH DEFINED 1 15,275,068 0 2,292,257 CENTURY ALUMINUM COMPANY COM 156431108 36,005 667,499 SH DEFINED 1 603,599 0 63,900 CHEVRON CORP COM 166764100 10,826 116,002 SH DEFINED 1 116,002 0 0 CITIGROUP INC COM 172967101 482,584 16,392,122 SH DEFINED 1 14,084,480 0 2,307,642 CLEAR CHANNEL COMMUNICATIONS COM 184502102 263,364 7,629,329 SH DEFINED 1 6,944,170 0 685,159 COHERENT INC COM 192479103 29,254 1,166,893 SH DEFINED 1 1,129,793 0 37,100 COMCAST CORP-CL A COM 20030N101 244 13,350 SH DEFINED 1 13,350 0 0 COMCAST CORP-SPECIAL CL A COM 20030N200 606,131 33,450,966 SH DEFINED 1 28,963,055 0 4,487,911 COMMSCOPE INC COM 203372107 38,053 773,278 SH DEFINED 1 658,628 0 114,650 COMMUNITY HEALTH SYSTEMS INC COM 203668108 71,462 1,938,754 SH DEFINED 1 1,756,754 0 182,000 CONOCOPHILLIPS COM 20825C104 262,174 2,969,129 SH DEFINED 1 2,523,921 0 445,208 DEL MONTE FOODS CO COM 24522P103 57,564 6,085,025 SH DEFINED 1 5,506,425 0 578,600 DENBURY RESOURCES INC COM 247916208 45,834 1,540,610 SH DEFINED 1 1,392,210 0 148,400 DOMTAR CORP COM 257559104 32,296 4,199,791 SH DEFINED 1 3,784,691 0 415,100 ECI TELECOM LTD COM 268258100 58,341 5,845,384 SH DEFINED 1 5,727,684 0 117,700 ENERGIAS DE PORTUGAL-SP ADR ADR 268353109 8,333 127,500 SH DEFINED 1 127,500 0 0 ENI SPA-SPONSORED ADR ADR 26874R108 13,762 190,000 SH DEFINED 1 190,000 0 0 ESTERLINE TECHNOLOGIES CORP COM 297425100 19,297 372,883 SH DEFINED 1 363,783 0 9,100 EXXON MOBIL CORP COM 30231G102 1,972 21,048 SH DEFINED 1 21,048 0 0 FANNIE MAE COM 313586109 771,189 19,289,379 SH DEFINED 1 16,530,114 0 2,759,265 FOSSIL INC COM 349882100 40,840 972,833 SH DEFINED 1 885,402 0 87,431 FREDDIE MAC COM 313400301 388,862 11,413,611 SH DEFINED 1 9,971,006 0 1,442,605 FRIEDMAN BILLINGS RAMSEY-A COM 358434108 42,019 13,382,066 SH DEFINED 1 13,088,666 0 293,400 GANNETT CO COM 364730101 9,263 237,500 SH DEFINED 1 237,500 0 0 GARDNER DENVER INC COM 365558105 18,439 558,769 SH DEFINED 1 539,369 0 19,400 GENERAL CABLE CORP COM 369300108 43,343 591,472 SH DEFINED 1 538,022 0 53,450 GENERAL ELECTRIC CO COM 369604103 15,781 425,705 SH DEFINED 1 425,705 0 0 GENWORTH FINANCIAL INC-CL A COM 37247D106 715,344 28,107,816 SH DEFINED 1 23,871,823 0 4,235,993 GIBRALTAR INDUSTRIES INC COM 374689107 49,878 3,234,628 SH DEFINED 1 2,882,578 0 352,050 GLATFELTER COM 377316104 39,701 2,593,128 SH DEFINED 1 2,232,428 0 360,700 GLAXOSMITHKLINE PLC-SPON ADR ADR 37733W105 11,842 235,000 SH DEFINED 1 235,000 0 0 GOLFSMITH INTERNATIONAL HOLD COM 38168Y103 6,980 1,812,945 SH DEFINED 1 1,504,465 0 308,480 GRIFFON CORPORATION COM 398433102 57,874 4,648,566 SH DEFINED 1 4,191,445 0 457,121 HANOVER INSURANCE GROUP INC/ COM 410867105 36,922 806,153 SH DEFINED 1 779,053 0 27,100 HARTFORD FINANCIAL SVCS GRP COM 416515104 1,317,998 15,116,397 SH DEFINED 1 13,190,912 0 1,925,485 HESS CORP COM 42809H107 606,300 6,011,305 SH DEFINED 1 5,233,853 0 777,452 HOOKER FURNITURE CORP COM 439038100 28,177 1,401,825 SH DEFINED 1 1,209,925 0 191,900 ILLINOIS TOOL WORKS COM 452308109 86,664 1,618,677 SH DEFINED 1 1,298,577 0 320,100 INDYMAC BANCORP INC COM 456607100 37,716 6,338,842 SH DEFINED 1 6,018,242 0 320,600 INGERSOLL-RAND CO LTD-CL A COM G4776G101 557,122 11,988,854 SH DEFINED 1 10,469,755 0 1,519,099 INTERNATIONAL PAPER CO COM 460146103 387,303 11,961,186 SH DEFINED 1 10,111,848 0 1,849,338 ISHARES MSCI EAFE INDEX FUND ETF 464287465 17,353 221,056 SH DEFINED 1 186,256 0 34,800 ISHARES RUSSELL 1000 VALUE ETF 464287598 253,493 3,158,794 SH DEFINED 1 2,980,539 0 178,255 ISHARES RUSSELL 2000 VALUE ETF 464287630 26,999 383,068 SH DEFINED 1 383,068 0 0 JPMORGAN CHASE & CO COM 46625H100 682,175 15,628,293 SH DEFINED 1 13,491,805 0 2,136,488 KADANT INC COM 48282T104 25,137 847,217 SH DEFINED 1 724,817 0 122,400 KEITHLEY INSTRUMENTS INC COM 487584104 21,652 2,236,797 SH DEFINED 1 1,836,532 0 400,265 KENNAMETAL INC COM 489170100 46,957 1,240,297 SH DEFINED 1 1,129,897 0 110,400 KIMBERLY-CLARK CORP COM 494368103 659,155 9,506,126 SH DEFINED 1 8,041,933 0 1,464,193 KOREA ELEC POWER CORP-SP ADR ADR 500631106 9,195 441,000 SH DEFINED 1 441,000 0 0 KRAFT FOODS INC-CLASS A COM 50075N104 215,738 6,611,663 SH DEFINED 1 5,656,622 0 955,041 KT CORP-SP ADR ADR 48268K101 11,171 433,000 SH DEFINED 1 433,000 0 0 LIBERTY MEDIA-INTERACTIVE A COM 53071M104 225,900 11,839,604 SH DEFINED 1 10,163,078 0 1,676,526 LINCOLN ELECTRIC HOLDINGS COM 533900106 60,369 848,119 SH DEFINED 1 781,619 0 66,500 LOCKHEED MARTIN CORP COM 539830109 718,561 6,826,539 SH DEFINED 1 6,011,926 0 814,613 LOEWS CORP COM 540424108 877,523 17,431,909 SH DEFINED 1 15,548,004 0 1,883,905 LOEWS CORP - CAROLINA GROUP COM 540424207 15,516 181,900 SH DEFINED 1 181,900 0 0 MARTEN TRANSPORT LTD COM 573075108 38,704 2,774,491 SH DEFINED 1 2,332,266 0 442,225 MATTSON TECHNOLOGY INC COM 577223100 69,923 8,168,586 SH DEFINED 1 7,747,049 0 421,537 MEADWESTVACO CORP COM 583334107 31,777 1,015,218 SH DEFINED 1 987,318 0 27,900 MGIC INVESTMENT CORP COM 552848103 81,335 3,626,178 SH DEFINED 1 2,803,448 0 822,730 MICROSOFT CORP COM 594918104 736,199 20,679,740 SH DEFINED 1 17,483,987 0 3,195,753 MOTOROLA INC COM 620076109 1,024,193 63,852,443 SH DEFINED 1 54,416,650 0 9,435,793 NEWELL RUBBERMAID INC COM 651229106 37,671 1,455,612 SH DEFINED 1 1,422,212 0 33,400 NEWMONT MINING CORP COM 651639106 38,161 781,500 SH DEFINED 1 448,800 0 332,700 NOBLE ENERGY INC COM 655044105 1,326,249 16,678,183 SH DEFINED 1 14,557,121 0 2,121,062 NRG ENERGY INC COM 629377508 121,999 2,814,943 SH DEFINED 1 2,737,143 0 77,800 OMNICARE INC COM 681904108 18,668 818,421 SH DEFINED 1 785,421 0 33,000 OSHKOSH CORP COM 688239201 19,014 402,322 SH DEFINED 1 397,222 0 5,100 PACIFIC SUNWEAR OF CALIF COM 694873100 47,106 3,338,480 SH DEFINED 1 3,015,680 0 322,800 PACKAGING CORP OF AMERICA COM 695156109 77,700 2,755,320 SH DEFINED 1 2,691,520 0 63,800 PEOPLE'S UNITED FINANCIAL COM 712704105 31,118 1,748,256 SH DEFINED 1 1,674,156 0 74,100 PFIZER INC COM 717081103 11,385 500,900 SH DEFINED 1 500,900 0 0 PITNEY BOWES INC COM 724479100 867,807 22,812,990 SH DEFINED 1 20,168,532 0 2,644,458 PMA CAPITAL CORPORATION-CL A COM 693419202 23,986 2,918,057 SH DEFINED 1 2,620,357 0 297,700 PROGRESS ENERGY INC-CVO COM 743263AA3 38 102,832 SH DEFINED 1 79,432 0 23,400 QUANTUM CORP COM 747906204 77,910 28,962,914 SH DEFINED 1 27,464,314 0 1,498,600 RADIAN GROUP INC COM 750236101 123,874 10,605,688 SH DEFINED 1 9,308,467 0 1,297,221 RANGE RESOURCES CORP COM 75281A109 13,450 261,876 SH DEFINED 1 241,526 0 20,350 RAYTHEON COMPANY COM 755111507 743,888 12,255,153 SH DEFINED 1 10,770,731 0 1,484,422 RBC BEARINGS INC COM 75524B104 23,398 538,381 SH DEFINED 1 458,181 0 80,200 RELIANCE STEEL & ALUMINUM COM 759509102 20,972 386,948 SH DEFINED 1 375,748 0 11,200 ROCKWOOD HOLDINGS INC COM 774415103 20,092 604,822 SH DEFINED 1 585,622 0 19,200 SANOFI-AVENTIS-ADR ADR 80105N105 629,904 13,834,934 SH DEFINED 1 11,978,985 0 1,855,949 SAPPI LTD -SPONSORED ADR ADR 803069202 142,675 9,894,216 SH DEFINED 1 9,334,916 0 559,300 SAUER-DANFOSS INC COM 804137107 66,070 2,637,536 SH DEFINED 1 2,393,486 0 244,050 SMITHFIELD FOODS INC COM 832248108 63,148 2,183,548 SH DEFINED 1 2,009,623 0 173,925 SMURFIT-STONE CONTAINER CORP COM 832727101 34,437 3,261,126 SH DEFINED 1 2,946,626 0 314,500 SOUTHWESTERN ENERGY CO COM 845467109 36,465 654,424 SH DEFINED 1 635,924 0 18,500 SPDR TRUST SERIES 1 ETF 78462F103 2,939 20,100 SH DEFINED 1 20,100 0 0 SPRINT NEXTEL CORP COM 852061100 308,018 23,459,107 SH DEFINED 1 20,536,434 0 2,922,673 STANDARD MICROSYSTEMS CORP COM 853626109 26,470 677,501 SH DEFINED 1 576,571 0 100,930 STORA ENSO OYJ-SPONS ADR ADR 86210M106 5,497 367,200 SH DEFINED 1 367,200 0 0 TELECOM ITALIA SPA-SPON ADR ADR 87927Y102 1,619 52,500 SH DEFINED 1 52,500 0 0 TELECOM ITALIA SPA-SPON ADR ADR 87927Y201 5,523 235,000 SH DEFINED 1 235,000 0 0 TEXAS INSTRUMENTS INC COM 882508104 561 16,808 SH DEFINED 1 10,250 0 6,558 TIMKEN CO COM 887389104 36,729 1,118,074 SH DEFINED 1 1,090,274 0 27,800 TOTAL SA-SPON ADR ADR 89151E109 9,912 120,000 SH DEFINED 1 120,000 0 0 TOWER GROUP INC COM 891777104 26,526 794,180 SH DEFINED 1 770,880 0 23,300 TRAVELERS COS INC/THE COM 89417E109 3,965 73,700 SH DEFINED 1 73,700 0 0 TYSON FOODS INC-CL A COM 902494103 240,937 15,716,738 SH DEFINED 1 13,492,057 0 2,224,681 UNION PACIFIC CORP COM 907818108 629,146 5,008,334 SH DEFINED 1 4,235,412 0 772,922 UNITED STATES STEEL CORP COM 912909108 363,787 3,008,738 SH DEFINED 1 2,611,747 0 396,991 UNITED UTILITIES PLC-SP ADR ADR 91311Q105 7,910 262,800 SH DEFINED 1 262,800 0 0 UNUM GROUP COM 91529Y106 768 32,300 SH DEFINED 1 32,300 0 0 VERIZON COMMUNICATIONS INC COM 92343V104 383,647 8,781,119 SH DEFINED 1 7,400,328 0 1,380,791 VIACOM INC-CLASS B COM 92553P201 1,400,450 31,886,366 SH DEFINED 1 27,670,281 0 4,216,085 WACHOVIA CORP COM 929903102 157,522 4,142,038 SH DEFINED 1 3,244,695 0 897,343 WARREN RESOURCES INC COM 93564A100 113,619 8,040,952 SH DEFINED 1 7,443,502 0 597,450 WAUSAU PAPER CORP COM 943315101 40,235 4,475,518 SH DEFINED 1 3,970,718 0 504,800 WD-40 CO COM 929236107 45,912 1,209,156 SH DEFINED 1 1,049,305 0 159,851 WELLS FARGO & COMPANY COM 949746101 609,600 20,192,119 SH DEFINED 1 17,023,912 0 3,168,207 WESCO INTERNATIONAL INC COM 95082P105 16,979 428,330 SH DEFINED 1 414,630 0 13,700