In plain English: this page lists every stock Hotchkis & Wiley's fund told the SEC it owned at the end of the quarter, biggest first, and what changed since the quarter before — "New" means they bought it for the first time, "Sold" means they sold all of it. The list is at least 6 weeks old, and it is only part of their investments (no cash, bonds or bets against stocks).
Educational and informational only, not personalized investment advice. Based on public filings that may be delayed or contain errors; verify with the original filings. Disclaimer
Reported value ⓘTotal of long stock positions in this 13F. Options are listed separately and not included.
$34.30B
Q2 2026
Quarter change
+6.0%
vs Q1 2026 ($32.36B)
Holdings
460
Top-10 weight 25.8%
Activity
10 new · 13 sold out
263 added to · 174 trimmed
Investing style at a glance · Q2 2026
- Widely diversified: 460 stocks, with 25.8% of the portfolio in the 10 largest.
- Biggest sector: Financials (24.3% of the portfolio).
- Turnover this quarter: low — 10 new positions and 13 sold out (263 added to, 174 trimmed).
- Largest position: WDAY at 4.5% of the portfolio.
Worked out from this 13F only (long stock positions). ⓘConcentration: The share of a portfolio in its 10 largest positions. High = a few big bets; low = spread out. Guide ⓘTurnover: How many positions were opened or closed this quarter compared with the number held. Guide
Portfolio value over time
Reported 13F value per quarter
Sector allocation
Q2 2026
- Financials24.3%
- Industrials17.0%
- Information Technology16.1%
- Consumer Discretionary10.4%
- Energy8.6%
- Health Care7.7%
- Consumer Staples4.9%
- Materials3.8%
- Communication Services3.3%
- Utilities3.1%
- Real Estate0.8%
- Unclassified0.1%
- ETFs & Funds0.0%
Top holdings over time
Share of the portfolio each quarter (current top 5)
Quarter-by-quarter activity
Positions bought (new or added) vs sold (trimmed or exited)
Insights
Adds vs. trims · Q2 2026
Largest estimated dollar adds (green) and trims (red) this quarter. Click a bar to open the stock.
Sector allocation over time
Share of the reported portfolio in each sector, by quarter
Performance context
Reported 13F value vs. the S&P 500 between the same quarter-end dates, and a hypothetical “copy the top 10” strategy vs. SPY. Prices through Oct 27, 2026.
Reported value change ⓘChange in total reported 13F value from Sep 30, 2024 to Jun 30, 2026. Includes deposits/withdrawals and is not the fund’s return.
+14.1%
Sep 30, 2024 – Jun 30, 2026
S&P 500, same dates
+30.1%
Price index (^GSPC)
Hypothetical top-10 ⓘBuy the reported top 10 (value-weighted) at the close of the first trading day after each filing, hold until the next filing. Covers 100% of top-10 value on average (positions with price data).
+39.0%
Nov 15, 2024 – Oct 27, 2026
SPY, same days
+34.4%
Total return (dividends included)
Read these numbers carefully: “Reported value change” is the change in the total value of the shares on this manager’s 13F — it is not the fund’s investment return. The total also moves when investors put money into the fund or take it out, and a 13F covers only long US-listed shares — no shorts, bonds, cash or foreign stocks — so the fund’s actual return can be higher or lower.
Reported value vs. S&P 500 (cumulative)
Hypothetical top-10 vs. SPY (cumulative)
Quarter-by-quarter numbers
| Quarter | Reported value | Value change | S&P 500 | Top-10 held | Top-10 | SPY | Coverage |
|---|---|---|---|---|---|---|---|
| Q2 2026 | $34.30B | +6.0% | +14.9% | Aug 17, 2026 – Oct 27, 2026 (open) | +6.2% | -0.1% | 100% |
| Q1 2026 | $32.36B | -3.2% | -4.6% | May 18, 2026 – Aug 17, 2026 | +9.6% | +4.9% | 100% |
| Q4 2025 | $33.41B | +3.6% | +2.3% | Feb 18, 2026 – May 18, 2026 | +4.5% | +7.9% | 100% |
| Q3 2025 | $32.25B | +4.6% | +7.8% | Nov 17, 2025 – Feb 18, 2026 | +8.7% | +3.4% | 100% |
| Q2 2025 | $30.83B | +3.0% | +10.6% | Aug 15, 2025 – Nov 17, 2025 | +0.3% | +3.7% | 100% |
| Q1 2025 | $29.95B | -0.3% | -4.6% | May 15, 2025 – Aug 15, 2025 | +0.9% | +9.3% | 100% |
| Q4 2024 | $30.04B | -0.1% | +2.1% | Feb 18, 2025 – May 15, 2025 | -3.8% | -3.1% | 100% |
Not investment advice. Hypothetical, not actual results. 13F filings arrive up to 45 days after quarter end, so anyone copying them buys late; the top-10 figures start the day after each filing was published. Reported value changes include deposits and withdrawals and are not the fund's return. Costs, taxes and positions without price data are ignored. Past performance does not predict future results. How this is calculated
Column filters
| Ticker | Company | Sector | Shares | Value ↓ | % of portfolio | Change | Δ shares | Δ shares % | Est. Δ value ⓘChange in shares × this quarter's price |
|---|---|---|---|---|---|---|---|---|---|
| WDAY | Workday, Inc (Class A) | Information Technology | 12.68M | $1.55B | 4.5% | Added | +2.0M | +19.0% | +$247.70M |
| APA | APA Corp | Energy | 31.70M | $1.03B | 3.0% | Reduced | -319.8K | -1.0% | -$10.42M |
| AIG | American International Group, Inc | Financials | 11.84M | $882.51M | 2.6% | Added | +1.6M | +15.7% | +$120.03M |
| FFIV | F5, Inc | Information Technology | 2.06M | $857.53M | 2.5% | Reduced | -2.5M | -55.0% | -$1.05B |
| GEHC | GE HealthCare Technologies Inc | Health Care | 12.25M | $784.15M | 2.3% | Added | +2.3M | +22.9% | +$146.11M |
| ELV | Elevance Health, Inc | Financials | 2.02M | $779.73M | 2.3% | Reduced | -175.4K | -8.0% | -$67.82M |
| PPG | PPG Industries Inc | Materials | 6.33M | $767.96M | 2.2% | Added | +171.7K | +2.8% | +$20.83M |
| ERIC | Ericsson LM Telephone Co | Information Technology | 68.70M | $766.02M | 2.2% | Reduced | -13.6M | -16.5% | -$151.20M |
| CMCSA | Comcast Corp (Class A) | Communication Services | 30.08M | $738.57M | 2.2% | Added | +3.3M | +12.3% | +$80.64M |
| D | Dominion Energy, Inc | Utilities | 9.89M | $675.71M | 2.0% | Reduced | -1.5M | -12.8% | -$99.34M |
| USB | US Bancorp \de\ | Financials | 10.57M | $638.19M | 1.9% | Reduced | -730.1K | -6.5% | -$44.10M |
| C | Citigroup Inc | Financials | 4.55M | $636.60M | 1.9% | Reduced | -2.5M | -35.3% | -$346.75M |
| GM | General Motors Co | Consumer Discretionary | 7.80M | $601.32M | 1.8% | Reduced | -642.3K | -7.6% | -$49.51M |
| WFC | Wells Fargo & Company | Financials | 7.12M | $588.27M | 1.7% | Added | +802.1K | +12.7% | +$66.28M |
| MGA | Magna International Inc | Consumer Discretionary | 8.80M | $577.53M | 1.7% | Reduced | -1.0M | -10.7% | -$68.89M |
| CI | Cigna Group | Financials | 2.02M | $558.02M | 1.6% | Added | +1.5M | +307.2% | +$420.98M |
| CRM | Salesforce, Inc | Information Technology | 3.53M | $552.34M | 1.6% | Reduced | -168.3K | -4.6% | -$26.37M |
| CNH | CNH Industrial N.V. | Industrials | 49.05M | $550.81M | 1.6% | Added | +5.4M | +12.4% | +$60.90M |
| CDW | CDW Corp | Consumer Discretionary | 3.78M | $531.28M | 1.5% | Added | +1.8M | +86.3% | +$246.13M |
| FISV | Fiserv Inc | Industrials | 10.47M | $513.53M | 1.5% | Added | +4.6M | +79.4% | +$227.32M |
| OMC | Omnicom Group Inc | Industrials | 6.87M | $500.18M | 1.5% | Added | +1.5M | +27.7% | +$108.64M |
| SHEL | Shell plc | Energy | 6.20M | $480.73M | 1.4% | Added | +53.1K | +0.9% | +$4.11M |
| OVV | Ovintiv Inc | Energy | 8.70M | $457.81M | 1.3% | Added | +194.2K | +2.3% | +$10.23M |
| MDT | Medtronic plc | Health Care | 5.79M | $452.88M | 1.3% | Added | +998.0K | +20.8% | +$78.07M |
| FDX | Fedex Corp | Industrials | 1.39M | $436.56M | 1.3% | Reduced | -194.3K | -12.2% | -$60.83M |
| UNH | Unitedhealth Group Inc | Health Care | 1.04M | $430.28M | 1.3% | Reduced | -733.8K | -41.5% | -$305.00M |
| PCAR | Paccar Inc | Consumer Discretionary | 3.46M | $416.21M | 1.2% | Reduced | -46.0K | -1.3% | -$5.53M |
| SAP | SAP SE | Information Technology | 2.51M | $386.65M | 1.1% | Added | +2.3M | +878.1% | +$347.12M |
| TFC | Truist Financial Corp | Financials | 7.41M | $369.36M | 1.1% | Reduced | -123.2K | -1.6% | -$6.14M |
| GOOGL | Alphabet Inc (Class A) | Communication Services | 1.01M | $362.36M | 1.1% | Reduced | -75.3K | -6.9% | -$26.93M |
| KHC | Kraft Heinz Co | Consumer Staples | 15.20M | $358.94M | 1.0% | Reduced | -71.7K | -0.5% | -$1.69M |
| HUM | Humana Inc | Financials | 878.38K | $348.91M | 1.0% | Reduced | -730.6K | -45.4% | -$290.23M |
| SWK | Stanley Black & Decker, Inc | Industrials | 3.65M | $343.50M | 1.0% | Added | +428.9K | +13.3% | +$40.37M |
| STT | State Street Corp | Financials | 2.00M | $339.44M | 1.0% | Reduced | -2.2M | -52.8% | -$379.00M |
| CRBG | Corebridge Financial, Inc | Financials | 11.64M | $333.38M | 1.0% | Added | +2.6M | +28.2% | +$73.42M |
| MDLZ | Mondelez International, Inc (Class A) | Consumer Staples | 5.75M | $332.80M | 1.0% | Added | +135.4K | +2.4% | +$7.83M |
| STZ | Constellation Brands, Inc (Class A) | Consumer Staples | 2.39M | $332.67M | 1.0% | Added | +627.3K | +35.6% | +$87.26M |
| FCNCA | First Citizens Bancshares Inc (Class A) | Financials | 154.96K | $322.44M | 0.9% | Added | +22.1K | +16.7% | +$46.05M |
| OLN | OLIN Corp | Materials | 16.02M | $317.54M | 0.9% | Added | +937.0K | +6.2% | +$18.57M |
| SLB | SLB Limited | Energy | 6.76M | $314.46M | 0.9% | Reduced | -2.9M | -30.3% | -$136.79M |
| SJM | J M Smucker Co | Consumer Staples | 2.79M | $314.32M | 0.9% | Added | +603.8K | +27.6% | +$67.93M |
| GPC | Genuine Parts Co | Industrials | 2.66M | $313.54M | 0.9% | Added | +910.6K | +52.1% | +$107.43M |
| BAC | Bank of America Corp | Financials | 5.31M | $302.43M | 0.9% | Added | +766.4K | +16.9% | +$43.67M |
| APTV | Aptiv PLC | Consumer Discretionary | 4.91M | $301.11M | 0.9% | Added | +1.5M | +43.4% | +$91.13M |
| NOV | NOV Inc | Industrials | 14.35M | $266.26M | 0.8% | Reduced | -565.8K | -3.8% | -$10.50M |
| TEL | TE Connectivity plc | Industrials | 1.28M | $258.63M | 0.8% | Added | +483.1K | +60.4% | +$97.39M |
| WPP | WPP plc | Industrials | 16.68M | $258.32M | 0.8% | Added | +1.7M | +11.2% | +$25.94M |
| FLR | Fluor Corp | Industrials | 4.64M | $242.86M | 0.7% | Added | +614.1K | +15.3% | +$32.17M |
| QCOM | Qualcomm Inc | Information Technology | 1.31M | $242.19M | 0.7% | New | +1.3M | — | +$242.19M |
| FIS | Fidelity National Information Services, Inc | Financials | 6.18M | $240.27M | 0.7% | Added | +3.0M | +92.1% | +$115.17M |
Column filters
| Ticker | Company | Sector | Shares sold | Value last quarter ↓ |
|---|---|---|---|---|
| CVS | CVS Health Corp | Consumer Staples | -2.8M | $200.72M |
| HIG | Hartford Insurance Group, Inc | Financials | -1.4M | $183.24M |
| — | First Foundation Inc | Unclassified | -2.1M | $12.48M |
| — | Flushing Financial Corp | Financials | -797.8K | $12.25M |
| — | Heritage Commerce Corp | Unclassified | -824.0K | $10.28M |
| — | Calavo Growers Inc | Unclassified | -386.1K | $9.96M |
| — | American Woodmark Corp | Unclassified | -185.1K | $7.37M |
| — | Tri Pointe Homes Inc | Unclassified | -143.9K | $6.72M |
| — | Thermon Group Holdings Inc | Unclassified | -66.2K | $3.34M |
| — | Emerald Holding Inc | Unclassified | -583.7K | $2.63M |
| WCC | Wesco International Inc | Industrials | -7.5K | $2.04M |
| PETS | Petmed Express Inc | Consumer Staples | -514.5K | $1.17M |
| — | Carnival Corp | Unclassified | -21.2K | $548.66K |
Column filters
| Underlying | Company | Type | Underlying shares | Notional value ↓ |
|---|---|---|---|---|
| UPS | United Parcel Service Inc (Class B) | Put | 120.00K | $12.90M |
| DLR | Digital Realty Trust, Inc | Put | 10.00K | $1.80M |
13F filings on record (8)
| Quarter | Form | Filed | Type | Rows | Long value | |
|---|---|---|---|---|---|---|
| Q2 2026 | 13F-HR | Aug 14, 2026 | Original | 462 | $34.30B | SEC ↗ |
| Q1 2026 | 13F-HR | May 15, 2026 | Original | 465 | $32.36B | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | Original | 465 | $33.41B | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | Original | 470 | $32.25B | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | Original | 472 | $30.83B | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | Original | 468 | $29.95B | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | Original | 478 | $30.04B | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | Original | 482 | $30.06B | SEC ↗ |