Q2 2026 13F · SEC CIK 1164833

Hotchkis & Wiley Capital Management LLC

Mutual fund managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $34.3B
Reported positions: 460
Top holdings a year, 3 yrs: +20.3%
Assets under management: $36.9B

Hotchkis & Wiley Capital Management LLC is a mutual fund manager that reported 460 positions worth $34.3B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Workday Inc (WDAY, 4.5%), Apa Corporation (APA, 3.0%), American International Group I (AIG, 2.6%). A portfolio copying its top holdings returned 20.3% a year over the last 3 years, against 20.4% for the S&P 500.

Hotchkis & Wiley Capital Management LLC holdings largest 50 of 460 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Hotchkis & Wiley Capital Management LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
WDAYWorkday Inc	4.5%	4.3%	12,679,129	+19.0%	$1.6B
APAApa Corporation	3.0%	4.2%	31,695,303	-1.0%	$1.0B
AIGAmerican International Group I	2.6%	2.4%	11,841,030	+15.7%	$882.5M
FFIVF5 Inc	2.5%	4.1%	2,061,574	-55.0%	$857.5M
GEHCGe Healthcare Technologies I	2.3%	2.2%	12,250,502	+22.9%	$784.2M
ELVElevance Health Inc Formerly	2.3%	2.0%	2,016,200	-8.0%	$779.7M
PPGPpg Inds Inc	2.2%	2.0%	6,331,643	+2.8%	$768.0M
ERICTelefonaktiebolaget LM Ericsso	2.2%	2.9%	68,701,573	-16.5%	$766.0M
CMCSAComcast Corp New	2.2%	2.4%	30,084,514	+12.3%	$738.6M
DDominion Energy Inc	2.0%	2.2%	9,894,768	-12.8%	$675.7M
USBUS Bancorp Del	1.9%	1.8%	10,566,132	-6.5%	$638.2M
CCitigroup Inc Com New	1.9%	2.5%	4,548,436	-35.3%	$636.6M
GMGeneral Mtrs Co	1.8%	1.9%	7,801,221	-7.6%	$601.3M
WFCWells Fargo Co New	1.7%	1.6%	7,118,512	+12.7%	$588.3M
MGAMagna Intl Inc	1.7%	1.7%	8,795,761	-10.7%	$577.5M
CIThe Cigna Group	1.6%	—	2,024,152	—	$558.0M
CRMSalesforce Inc Com	1.6%	2.1%	3,525,733	-4.6%	$552.3M
CNHICnh Indl N V	1.6%	1.5%	49,047,896	+12.4%	$550.8M
CDWCdw Corp	1.5%	0.8%	3,777,585	+86.3%	$531.3M
FISVFiserv Inc	1.5%	1.0%	10,469,503	+79.4%	$513.5M
OMCOmnicom Group Inc	1.5%	1.3%	6,867,753	+27.7%	$500.2M
SHELShell PLC	1.4%	1.8%	6,199,706	+0.9%	$480.7M
OVVOvintiv Inc	1.3%	1.6%	8,695,301	+2.3%	$457.8M
MDTMedtronic PLC	1.3%	1.3%	5,789,077	+20.8%	$452.9M
FDXFedex Corp	1.3%	1.7%	1,394,197	-12.2%	$436.6M
UNHUnitedhealth Group Inc Com	1.3%	1.5%	1,035,250	-41.5%	$430.3M
PCARPaccar Inc	1.2%	1.3%	3,464,963	-1.3%	$416.2M
SAPGFSap SE	1.1%	—	2,508,905	—	$386.6M
TFCTruist Financial Ord Shs	1.1%	1.1%	7,413,799	-1.6%	$369.4M
GOOGLAlphabet Inc	1.1%	1.0%	1,013,951	-6.9%	$362.4M
KHCKraft Heinz Co	1.0%	1.1%	15,196,599	-0.5%	$358.9M
HUMHumana Inc	1.0%	0.9%	878,377	-45.4%	$348.9M
SWKStanley Black & Decker Inc.	1.0%	0.7%	3,649,602	+13.3%	$343.5M
STTState Str Corp	1.0%	1.7%	2,001,394	-52.8%	$339.4M
CRBGCorebridge Finl Inc	1.0%	0.7%	11,644,490	+28.2%	$333.4M
MDLZMondelez International Inc.	1.0%	1.0%	5,753,722	+2.4%	$332.8M
STZConstellation Brands Inc	1.0%	0.8%	2,391,780	+35.6%	$332.7M
FCNCAFirst Citizens Cl A	0.9%	0.8%	154,960	+16.7%	$322.4M
OLNOlin Corp	0.9%	1.4%	16,021,214	+6.2%	$317.5M
SLBSlb Limited	0.9%	1.5%	6,764,047	-30.3%	$314.5M
SJMSmucker J M Co	0.9%	0.7%	2,793,916	+27.6%	$314.3M
GPCGenuine Parts Co Com	0.9%	—	2,657,600	—	$313.5M
BACBank of Amer Corp	0.9%	0.7%	5,307,713	+16.9%	$302.4M
APTVAptiv PLC	0.9%	0.7%	4,905,719	+43.4%	$301.1M
NOVNov Inc	0.8%	0.9%	14,353,823	-3.8%	$266.3M
TELTe Connectivity PLC	0.8%	—	1,282,847	—	$258.6M
WPPGFWpp PLC New	0.8%	0.7%	16,676,408	+11.2%	$258.3M
FLRFluor Corp	0.7%	—	4,635,570	—	$242.9M
QCOMQualcomm Inc	0.7%	—	1,310,630	—	$242.2M
FISFidelity National Information	0.7%	—	6,179,887	—	$240.3M

What Hotchkis & Wiley Capital Management LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

CDW Cdw Corp+86.3% shares
FISV Fiserv Inc+79.4% shares
APTV Aptiv PLC+43.4% shares
STZ Constellation Brands Inc+35.6% shares
CRBG Corebridge Finl Inc+28.2% shares
OMC Omnicom Group Inc+27.7% shares
SJM Smucker J M Co+27.6% shares
GEHC Ge Healthcare Technologies I+22.9% shares

Reduced

FFIV F5 Inc-55.0% shares
STT State Str Corp-52.8% shares
HUM Humana Inc-45.4% shares
UNH Unitedhealth Group Inc Com-41.5% shares
C Citigroup Inc Com New-35.3% shares
SLB Slb Limited-30.3% shares
ERIC Telefonaktiebolaget LM Ericsso-16.5% shares
D Dominion Energy Inc-12.8% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +33.8% /yr; S&P 500 +20.1%
3 years: +20.3% /yr; S&P 500 +20.4%
5 years: +15.5% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$34.3B	460
Q1 2026	$32.4B	463
Q4 2025	$33.4B	461
Q3 2025	$32.2B	466
Q2 2025	$30.8B	471
Q1 2025	$29.9B	467
Q4 2024	$30.0B	474
Q3 2024	$30.1B	478
Q2 2024	$28.6B	478
Q1 2024	$30.0B	478
Q4 2023	$28.0B	471
Q3 2023	$26.3B	471

Questions about Hotchkis & Wiley Capital Management LLC's portfolio

What stocks does Hotchkis & Wiley Capital Management LLC own?

Hotchkis & Wiley Capital Management LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 460 positions worth $34.3B. The largest are Workday Inc (WDAY) at 4.5%, Apa Corporation (APA) at 3.0%, American International Group I (AIG) at 2.6%, F5 Inc (FFIV) at 2.5% and Ge Healthcare Technologies I (GEHC) at 2.3%.

What did Hotchkis & Wiley Capital Management LLC buy last quarter?

In Q2 2026, Hotchkis & Wiley Capital Management LLC added Cdw Corp (CDW) (+86.3% shares), Fiserv Inc (FISV) (+79.4% shares) and Aptiv PLC (APTV) (+43.4% shares), compared with its Q1 2026 filing.

What did Hotchkis & Wiley Capital Management LLC sell last quarter?

In Q2 2026, Hotchkis & Wiley Capital Management LLC cut from its top 50 Cummins Inc (CMI), cut from its top 50 Zimmer Hldgs Inc (ZBH), cut from its top 50 Conocophillips (COP), cut from its top 50 Norfolk Southn Corp (NSC), cut from its top 50 Fortive Corp (FTV), F5 Inc (FFIV) (-55.0% shares), State Str Corp (STT) (-52.8% shares) and Humana Inc (HUM) (-45.4% shares), compared with its Q1 2026 filing.

How has Hotchkis & Wiley Capital Management LLC's portfolio performed?

A portfolio copying Hotchkis & Wiley Capital Management LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +20.3% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +33.8% against +20.1%. Over 5 years: +15.5% a year against +11.6%.

When is Hotchkis & Wiley Capital Management LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Hotchkis & Wiley Capital Management LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Hotchkis & Wiley Capital Management LLC manage?

Hotchkis & Wiley Capital Management LLC reported $36.9B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $34.3B.