HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC
SEC Form 13F institutional filer · CIK 0001164833
13F-HR · 71 reported holdings · 2026-03-31
Hotchkis & Wiley Capital Management LLC is an asset manager.
Reported long-US-equity value
$21.76B
Top-10 concentration
43.1%
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC — $21.8B AUM allocation strategy
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC files SEC Form 13F and reports $21.8B of long US equity value across 71 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 15.6%, followed by Financials 13.2% and Health Care 10.3%.
The top 10 holdings account for 43% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$21.8B
total across 71 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
43% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$WDAY +3.9M sh · −$67M+$FISV +3.68M sh · +$181M+$ZBH +1.07M sh · +$97.4M
Biggest trims (shares)
−$CFG −4.37M sh · −$252M−$BKR −4.25M sh · −$193M−$APA −3.43M sh · +$492M
Exited to nil (held last quarter, gone now)
$HCA ($207M last qtr)$RTX ($96.2M last qtr)$HBAN ($13M last qtr)$IVZ ($8.22M last qtr)$HAL ($3.87M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Application Software9.5%—
- Diversified Banks8.7%—
- Oil & Gas Exploration & Production6.3%—
- Communications Equipment6.1%—
- Health Care Equipment5.1%—
- Managed Health Care5.1%—
- Multi-line Insurance4.5%—
- Cable & Satellite3.5%—
- Other holdings51.1%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $WDAY | Workday Inc | 10.7M | $1.38B | +3.9M | 6.4% |
| $APA | APA Corporation | 32M | $1.36B | -3.43M | 6.2% |
| $FFIV | F5 Inc | 4.58M | $1.32B | -894K | 6.1% |
| $AIG | American International Group Inc. New | 19.3M | $987M | +90.3K | 4.5% |
| $C | Citigroup Inc | 7.03M | $797M | -616K | 3.7% |
| $CMCSA | Comcast Corporation | 26.8M | $769M | -969K | 3.5% |
| $GEHC | GE HealthCare Technologies Inc | 9.97M | $710M | +935K | 3.3% |
| $D | Dominion Energy Inc | 11.3M | $702M | -355K | 3.2% |
| $CRM | Salesforce Inc | 3.69M | $690M | +890K | 3.2% |
| $PPG | PPG Industries Inc | 6.16M | $658M | +283K | 3.0% |
…and 61 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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