UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1 )<F1>
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Park-Ohio Holdings Corp.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
700666100
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(CUSIP Number)
<F1> The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
<PAGE>
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CUSIP No. 700666100 13G
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Artisan Partners Limited Partnership 39-1807188
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<F1> (a)[ ]
Not Applicable (b)[ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 730,400
OWNED BY ------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING None
PERSON ------------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
730,400
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
730,400
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES<F1>
Not Applicable
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.55%
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12 TYPE OF REPORTING PERSON<F1>
IA
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<F1> SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
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CUSIP No. 700666100 13G
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Artisan Investment Corporation
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<F1> (a)[ ]
Not Applicable (b)[ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Wisconsin
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5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 730,400
OWNED BY ------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING None
PERSON ------------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
730,400
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
730,400
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES<F1>
Not Applicable
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.55%
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12 TYPE OF REPORTING PERSON<F1>
CO
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<F1> SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
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CUSIP No. 700666100 13G
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Andrew A. Ziegler
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<F1> (a)[ ]
Not Applicable (b)[ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 730,400
OWNED BY ------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING None
PERSON ------------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
730,400
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
730,400
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES<F1>
Not Applicable
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.55%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON<F1>
IN
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<F1> SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
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CUSIP No. 700666100 13G
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Carlene Murphy Ziegler
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<F1> (a)[ ]
Not Applicable (b)[ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 730,400
OWNED BY ------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING None
PERSON ------------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
730,400
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
730,400
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES<F1>
Not Applicable
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.55%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON<F1>
IN
- -------------------------------------------------------------------------------
<F1> SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Item 1(a) Name of Issuer:
Park-Ohio Holdings Corp.
Item 1(b) Address of Issuer's Principal Executive Offices:
23000 Euclid Avenue
Cleveland, OH 44117
Item 2(a) Name of Person Filing:
Artisan Partners Limited Partnership ("Artisan Partners")
Artisan Investment Corporation, the general partner of
Artisan Partners ("Artisan Corp.")
Andrew A. Ziegler
Carlene Murphy Ziegler
Item 2(b) Address of Principal Business Office:
Artisan Partners, Artisan Corp., Mr. Ziegler and Ms. Ziegler
are all located at:
1000 North Water Street, #1770
Milwaukee, WI 53202
Item 2(c) Citizenship:
Artisan Partners is a Delaware limited partnership
Artisan Corp. is a Wisconsin corporation
Mr. Ziegler and Ms. Ziegler are U.S. citizens
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
700666100
Item 3 Type of Person:
(e) Artisan Partners is an Investment Adviser registered
under section 203 of the Investment Advisers Act of 1940;
Artisan Corp. is the General Partner of Artisan Partners;
Mr. Ziegler and Ms. Ziegler are the principal stockholders
of Artisan Corp.
<PAGE>
Item 4 Ownership (at December 31, 1998):
(a) Amount owned "beneficially" within the meaning of
rule 13d-3:
730,400 shares
(b) Percent of class:
6.55% (based on 11,147,462 outstanding on
November 10, 1998)
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote: none
(ii) shared power to vote or to direct the
vote: 730,400
(iii) sole power to dispose or to direct the
disposition of: none
(iv) shared power to dispose or to direct
disposition of: 730,400
Artisan Partners serves as investment adviser to
Artisan Funds, Inc., comprised of four series
designated Artisan Small Cap Fund, Artisan
International Fund, Artisan Mid Cap Fund and Artisan
Small Cap Value Fund (the "Funds"). Various of Artisan
Partner's limited partners and employees are also
officers and directors of the Funds, but Artisan
Partners does not consider the Funds to be controlled
by such persons. Although the Funds are not controlled
by Artisan Partners, pursuant to rule 13d-3(a) the
shares beneficially owned by a Fund, with respect to
which that Fund has delegated to Artisan Partners
shared voting power and shared dispositive power, are
considered to be shares beneficially owned by Artisan
Partners by reason of such delegated powers. Other
clients of Artisan Partners may own shares which are
not included in the aggregate number of shares
reported herein because Artisan Partners does not have
or share voting or investment power over those shares.
Item 5 Ownership of Five Percent or Less of a Class:
Not Applicable
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
The shares reported herein have been acquired on behalf of
discretionary clients of Artisan Partners. Persons other
than Artisan Partners are entitled to receive all dividends
from, and proceeds from the sale of, those shares.
<PAGE>
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company:
Not Applicable
Item 8 Identification and Classification of Members of the Group:
Not Applicable
Item 9 Notice of Dissolution of Group:
Not Applicable
Item 10 Certification:
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the issuer of such securities and were not acquired in
connection with or as a participant in any transaction having
such purpose or effect.
<PAGE>
Signature
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After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: February 10, 1999
The undersigned corporation, on the date above written, agrees
and consents to the joint filing on its behalf of this Schedule
13G in connection with its beneficial ownership of the security
reported herein.
ARTISAN INVESTMENT CORPORATION
for itself and as general partner of
ARTISAN PARTNERS LIMITED PARTNERSHIP
By: /s/ Andrew A. Ziegler
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ANDREW A. ZIEGLER
President
The undersigned individuals, on the date above written, agree and
consent to the joint filing on their behalf of this Schedule 13G
in connection with their beneficial ownership of the security
reported herein.
ANDREW A. ZIEGLER
/s/ Andrew A. Ziegler
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CARLENE MURPHY ZIEGLER
/s/ Carlene Murphy Ziegler
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