HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC

CIK

1164833

Location

Los Angeles, CA

Portfolio Value

Large $31,780,137,589

Diversification

Diversified

Filing Date

Global Rank

#196 / 7,976 ▲ 2

Top Industry

Banks - Regional 7.0%

3Y Alpha vs SPY

-3.0%

Period ended 9 months ago

Filed Nov 14, 2025 · 7mo

23 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+65.4%

SPY

+76.3%

Annualised alpha

-2.5%

Max drawdown

−18.9%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

448 positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025

Top Position

4.9%

−0.2 pts

Top 5

17.2%

+0.7 pts

Top 10

27.8%

+0.1 pts

HHI

155

Diversified+5

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2025

Sector	% Portfolio	Value	Positions
Financial Services	19.2%	$6,108,080,718	128
Technology	18.1%	$5,742,283,212	35
Healthcare	13.8%	$4,376,004,925	33
Energy	11.7%	$3,714,262,834	41
Industrials	11.1%	$3,534,095,769	66
Consumer Cyclical	7.7%	$2,443,651,596	65
Communication Services	7.3%	$2,304,090,675	11
Utilities	3.6%	$1,148,569,626	16
Consumer Defensive	3.0%	$956,000,524	14
Basic Materials	2.9%	$916,275,049	16
Unclassified	1.0%	$319,134,961	3
Real Estate	0.7%	$217,687,700	20

Last Quarter's Activity

Export CSV

Sep 30, 2025 vs Jun 30, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
CNH	CNH Industrial N.V.	+3,841,999	26,070,783	$282,867,995
FTV	Fortive Corp	+2,502,300	3,719,200	$182,203,608
WDAY	Workday, Inc.	+1,882,391	5,842,491	$1,406,462,858
AIG	American International Group, Inc.	+1,846,979	10,256,290	$805,529,016
USB	US Bancorp De	+1,631,550	11,598,572	$560,558,984
NCMI	National CineMedia, Inc.	+1,568,376	6,151,313	$27,742,421
CTSH	Cognizant Technology Solutions Corp	+1,554,648	2,631,890	$176,520,862
SLM	SLM Corp	+1,287,050	3,608,526	$99,883,999
GEHC	GE HealthCare Technologies Inc.	+1,232,828	8,432,374	$633,271,287
SLB	Slb Limited/Nv	+1,221,000	11,990,652	$412,118,709
STGW	Stagwell Inc	+920,431	21,034,577	$118,424,668
UNH	Unitedhealth Group Inc	+718,525	1,412,895	$487,872,643
DOUG	Douglas Elliman Inc.	+662,603	2,474,443	$7,076,906
OLN	OLIN Corp	+661,730	12,690,488	$317,135,295
CNC	Centene Corp	+644,088	3,307,963	$118,028,119
CMTG	Claros Mortgage Trust, Inc.	+632,105	1,805,395	$5,993,911
ELV	Elevance Health, Inc.	+627,038	2,045,480	$660,935,497
PPG	Ppg Industries Inc	+535,095	3,946,145	$414,779,300
BBT	Beacon Financial Corp	+532,952	907,952	$21,527,541
HTLD	Heartland Express Inc	+485,658	1,153,238	$9,664,134
CMCO	Columbus Mckinnon Corp	+415,275	829,875	$11,900,407
STZ	Constellation Brands, Inc.	+351,241	1,664,151	$224,111,215
ACDC	ProFrac Holding Corp.	+322,860	1,484,760	$5,493,612
COLB	Columbia Banking System, Inc.	+316,665	715,337	$18,412,774
BUD	Anheuser-Busch InBev SA/NV	+281,400	1,511,840	$90,120,782
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
C	Citigroup Inc	−2,794,500	8,052,198	$817,298,097
CVS	CVS HEALTH Corp	−2,662,997	2,880,247	$217,141,821
ECVT	Ecovyst Inc.	−2,366,643	8,852,152	$77,544,851
WFC	Wells Fargo & Company/Mn	−2,213,026	6,828,303	$572,348,357
PPL	PPL Corp	−1,952,431	7,914,114	$294,088,476
GM	General Motors Co	−1,795,604	10,977,062	$669,271,470
MGA	Magna International Inc	−1,612,861	10,828,985	$513,077,309
D	Dominion Energy, Inc	−1,499,316	10,226,550	$625,558,063
WBD	Warner Bros. Discovery, Inc.	−1,327,200	18,344,401	$358,266,151
BKR	Baker Hughes Co	−1,276,926	7,367,943	$358,966,182
SIGA	Siga Technologies Inc	−1,240,173	827,587	$7,572,421
CFG	Citizens Financial Group Inc/Ri	−1,116,780	7,406,935	$393,752,664
FIS	Fidelity National Information Services, Inc.	−917,204	3,227,588	$212,827,152
APTV	Aptiv PLC	−880,132	3,622,300	$312,314,706
RGP	Resources Connection, Inc.	−845,883	787,448	$3,976,612
CRBG	Corebridge Financial, Inc.	−833,090	6,862,767	$219,951,682
HIG	Hartford Insurance Group, Inc.	−735,257	1,388,662	$185,233,624
BTE	Baytex Energy Corp.	−733,178	12,566,332	$29,405,216
ESRT	Empire State Realty Trust, Inc.	−711,750	726,680	$5,566,368
ADNT	Adient plc	−684,880	2,566,680	$61,805,654
ERIC	Ericsson Lm Telephone Co	−651,156	96,378,011	$797,046,150
XPRO	Expro Group Holdings N.V.	−619,591	1,818,586	$21,604,801
BRSL	Brightstar Lottery PLC	−601,404	806,104	$13,905,294
SNY	Sanofi	−576,398	1,601,307	$75,581,690
WNC	WABASH NATIONAL Corp	−562,767	636,702	$6,284,248
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
CRM	Salesforce, Inc.	2,045,787	$484,851,519
FISV	Fiserv Inc	1,966,790	$253,578,234
WK	Workiva Inc	1,025,660	$88,288,812
QQQ	Invesco Qqq Trust, Series 1	98,000	$58,836,260
SJM	J M SMUCKER Co	513,220	$55,735,692
UPS	United Parcel Service Inc	565,000	$47,194,450
REYN	Reynolds Consumer Products Inc.	554,049	$13,557,579
NJR	New Jersey Resources Corp	277,281	$13,351,080
KALU	Kaiser Aluminum Corp	169,920	$13,111,027
FLS	Flowserve Corp	236,754	$12,581,107
FUL	Fuller H B Co	210,757	$12,493,674
FBIN	Fortune Brands Innovations, Inc.	227,427	$12,142,327
SM	SM Energy Co	486,180	$12,139,914
RHI	Robert Half Inc.	350,080	$11,895,718
AXTA	Axalta Coating Systems Ltd.	414,427	$11,860,900
LNTH	Lantheus Holdings, Inc.	223,096	$11,442,593
DEI	Douglas Emmett Inc	732,118	$11,399,077
ACIW	Aci Worldwide, Inc.	197,243	$10,408,513
HALO	Halozyme Therapeutics, Inc.	134,630	$9,873,764
QCRH	Qcr Holdings Inc	129,886	$9,824,577
WGO	Winnebago Industries Inc	292,603	$9,784,644
VOYA	Voya Financial, Inc.	126,589	$9,468,857
UFPI	Ufp Industries Inc	93,954	$8,783,759
XRN	Chiron Real Estate Inc.	231,320	$7,797,797
DLR	Digital Realty Trust, Inc.	45,000	$7,779,600
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
COF	Capital One Financial Corp	1,055,814	$224,634,986
GLW	Corning Inc /Ny	662,952	$34,864,645
GIS	General Mills Inc	521,875	$27,038,343
RAL	Ralliant Corp	405,627	$19,668,853
SSTK	Shutterstock, Inc.	686,500	$13,016,040
WSBC	Wesbanco Inc	409,818	$12,962,543
TXNM	Txnm Energy Inc	225,358	$12,692,162
SWX	Southwest Gas Holdings, Inc.	164,970	$12,272,118
WOR	Worthington Enterprises, Inc.	183,030	$11,648,029
IPGP	Ipg Photonics Corp	165,365	$11,352,307
FOXF	Fox Factory Holding Corp	405,360	$10,515,038
LNN	Lindsay Corp	72,670	$10,482,647
WU	Western Union CO	1,206,242	$10,156,557
SLGN	Silgan Holdings Inc	184,252	$9,982,773
ANDE	Andersons, Inc.	232,720	$8,552,460
AAP	Advance Auto Parts Inc	175,280	$8,148,767
EVR	Evercore Inc.	29,970	$8,092,499
KNF	Knife River Corp	98,840	$8,069,297
ITRI	Itron, Inc.	59,595	$7,844,489
OSIS	Osi Systems Inc	34,700	$7,802,642
GTM	ZoomInfo Technologies Inc.	744,550	$7,534,846
JOUT	Johnson Outdoors Inc	237,280	$7,182,465
IIIN	Insteel Industries Inc	188,320	$7,007,387
JELD	JELD-WEN Holding, Inc.	1,770,830	$6,941,653
ALX	Alexanders Inc	29,450	$6,635,674
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

448 positions · $31,780,137,589 total · as of Sep 30, 2025

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 448 positions by value · page 1 of 9

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
FFIV	F5, Inc. Technology	Reduced	4,835,512	-393,688	$1,562,789,123	+1.5%	4.92%
WDAY	Workday, Inc. Technology	Added	5,842,491	+1,882,391	$1,406,462,858	+48.0%	4.43%
APA	APA Corp Energy	Reduced	35,761,477	-281,115	$868,288,661	+31.7%	2.73%
C	Citigroup Inc Financial Services	Reduced	8,052,198	-2,794,500	$817,298,097	−11.5%	2.57%
AIG	American International Group, Inc. Financial Services	Added	10,256,290	+1,846,979	$805,529,016	+11.9%	2.53%
ERIC	Ericsson Lm Telephone Co Technology	Reduced	96,378,011	-651,156	$797,046,150	−3.1%	2.51%
GM	General Motors Co Consumer Cyclical	Reduced	10,977,062	-1,795,604	$669,271,470	+6.5%	2.11%
ELV	Elevance Health, Inc. Healthcare	Added	2,045,480	+627,038	$660,935,497	+19.8%	2.08%
GEHC	GE HealthCare Technologies Inc. Healthcare	Added	8,432,374	+1,232,828	$633,271,287	+18.8%	1.99%
D	Dominion Energy, Inc Utilities	Reduced	10,226,550	-1,499,316	$625,558,063	−5.6%	1.97%
CMCSA	Comcast Corp Communication Services	Reduced	20,874,997	-79,000	$614,706,036	−12.3%	1.93%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	6,828,303	-2,213,026	$572,348,357	−21.0%	1.80%
USB	US Bancorp De Financial Services	Added	11,598,572	+1,631,550	$560,558,984	+24.3%	1.76%
MDT	Medtronic plc Healthcare	Reduced	5,821,987	-109,934	$554,486,041	+7.2%	1.74%
CMI	Cummins Inc Industrials	Reduced	1,266,364	-266,374	$534,874,162	+6.6%	1.68%
STT	State Street Corp Financial Services	Reduced	4,544,585	-405,132	$527,217,305	+0.2%	1.66%
FDX	Fedex Corp Industrials	Added	2,235,689	+123,190	$527,197,823	+9.8%	1.66%
NOV	NOV Inc. Energy	Reduced	39,746,441	-167,831	$526,640,343	+6.1%	1.66%
MGA	Magna International Inc Consumer Cyclical	Reduced	10,828,985	-1,612,861	$513,077,309	+6.8%	1.61%
GOOGL	Alphabet Inc. Communication Services	Reduced	2,043,219	-408,653	$496,706,538	+15.0%	1.56%
UNH	Unitedhealth Group Inc Healthcare	Added	1,412,895	+718,525	$487,872,643	+125.2%	1.54%
CRM	Salesforce, Inc. Technology	NEW	2,045,787	NEW	$484,851,519	NEW	1.53%
SHEL	Shell plc Energy	Reduced	6,369,862	-42,266	$455,636,228	+0.9%	1.43%
OMC	Omnicom Group Inc. Communication Services	Reduced	5,120,191	-42,970	$417,449,172	+12.4%	1.31%
PPG	Ppg Industries Inc Basic Materials	Added	3,946,145	+535,095	$414,779,300	+6.9%	1.31%
SLB	Slb Limited/Nv Energy	Added	11,990,652	+1,221,000	$412,118,709	+13.2%	1.30%
KHC	Kraft Heinz Co Consumer Defensive	Reduced	15,334,232	-77,874	$399,303,401	+0.3%	1.26%
CFG	Citizens Financial Group Inc/Ri Financial Services	Reduced	7,406,935	-1,116,780	$393,752,664	+3.2%	1.24%
BKR	Baker Hughes Co Energy	Reduced	7,367,943	-1,276,926	$358,966,182	+8.3%	1.13%
WBD	Warner Bros. Discovery, Inc. Communication Services	Reduced	18,344,401	-1,327,200	$358,266,151	+58.9%	1.13%
HUM	Humana Inc Healthcare	Reduced	1,362,424	-26,022	$354,461,852	+4.4%	1.12%
OVV	Ovintiv Inc. Energy	Reduced	8,671,734	-171,921	$350,164,618	+4.1%	1.10%
HCA	HCA Healthcare, Inc. Healthcare	Reduced	766,437	-18,170	$326,655,449	+8.7%	1.03%
PCAR	Paccar Inc Industrials	Reduced	3,315,838	-39,330	$326,013,192	+2.2%	1.03%
OLN	OLIN Corp Basic Materials	Added	12,690,488	+661,730	$317,135,295	+31.2%	1.00%
APTV	Aptiv PLC Consumer Cyclical	Reduced	3,622,300	-880,132	$312,314,706	+1.7%	0.98%
PPL	PPL Corp Utilities	Reduced	7,914,114	-1,952,431	$294,088,476	−12.0%	0.93%
CNH	CNH Industrial N.V. Industrials	Added	26,070,783	+3,841,999	$282,867,995	−1.8%	0.89%
TEL	TE Connectivity plc Technology	Reduced	1,251,567	-345,516	$274,756,503	+2.0%	0.86%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	5,314,236	-322,710	$274,161,435	+2.8%	0.86%
WPP	WPP plc Communication Services	Added	10,186,191	+47,289	$255,164,084	−28.1%	0.80%
FISV	Fiserv Inc	NEW	1,966,790	NEW	$253,578,234	NEW	0.80%
SWK	Stanley Black & Decker, Inc. Industrials	Added	3,103,941	+255,295	$230,715,934	+19.5%	0.73%
NSC	Norfolk Southern Corp Industrials	Reduced	764,463	-54,160	$229,652,329	+9.6%	0.72%
STZ	Constellation Brands, Inc. Consumer Defensive	Added	1,664,151	+351,241	$224,111,215	+4.9%	0.71%
TFC	Truist Financial Corp Financial Services	Reduced	4,817,579	-74,210	$220,259,711	+4.7%	0.69%
CRBG	Corebridge Financial, Inc. Financial Services	Reduced	6,862,767	-833,090	$219,951,682	−19.5%	0.69%
CVS	CVS HEALTH Corp Healthcare	Reduced	2,880,247	-2,662,997	$217,141,821	−43.2%	0.68%
FIS	Fidelity National Information Services, Inc. Technology	Reduced	3,227,588	-917,204	$212,827,152	−36.9%	0.67%
GSK	GSK plc Healthcare	Added	4,602,201	+45,580	$198,630,995	+13.5%	0.63%