Hotchkis & Wiley Capital Management LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Hotchkis & Wiley Capital Management LLC reported 478 stock positions worth $30.1 billion. Its top holding was F5 (FFIV) at 4.0% of the portfolio, followed by Citigroup (C, 3.3%) and Ericsson (lm) Tel-SP ADR (ERIC, 2.9%). Compared with Q2 2024, it opened 74 new positions, sold out of 74, added to 162 and reduced 235. The biggest buy was a new position in Kraft Heinz (KHC) and the biggest sale Goldman Sachs (GS, shares −60%).
- Most Recent 13F
- Q2 2026
- Location
- Los Angeles, CA
- CIK
- 0001164833
- Portfolio Value
- $30.1B (Q3 2024)
- SEC Filing
- 0001172661-24-005122 ↗ filed Nov 14, 2024
Holdings Value
Holdings 478 stocks · $30.1B
| FFIV F5 Inc. | 4.02% | 5,489,388 | $1.2B | Add +3.6% |
| C Citigroup Inc. | 3.26% | 15,676,463 | $981.3M | Add +9.8% |
| ERIC Ericsson (lm) Tel-SP ADR filed as TELEFONAKTIEBOLAGET LM ERICS | 2.94% | 116,445,871 | $882.7M | Reduce -23.5% |
| GM General Motors Co. | 2.58% | 17,278,448 | $774.8M | Add +6.1% |
| CVS CVS Health Corp. | 2.49% | 11,897,034 | $748.1M | Add +34.8% |
| WFC Wells Fargo & Co. | 2.49% | 13,227,140 | $747.2M | Reduce -5.4% |
| APA Apa Corp. | 2.48% | 30,471,834 | $745.3M | Add +12.6% |
| ELV Elevance Health Inc. | 2.15% | 1,243,001 | $646.4M | Reduce -5.4% |
| CMCSA Comcast Corp. Class A | 2.07% | 14,918,501 | $623.1M | Add +4.8% |
| MDT Medtronic PLC | 2.03% | 6,782,450 | $610.6M | Reduce -5.5% |
| NOV Nov Inc. | 1.97% | 37,153,173 | $593.3M | Add +23.1% |
| WDAY Workday Inc. Class A | 1.81% | 2,225,631 | $544.0M | Reduce -16.3% |
| AIG American International Group | 1.81% | 7,416,240 | $543.1M | Add +0.8% |
| GEHC GE Healthcare Technology | 1.75% | 5,593,548 | $525.0M | Reduce -1.2% |
| STT State Street Corp. | 1.71% | 5,811,415 | $514.1M | Add +30.4% |
| D Dominion Energy Inc. | 1.62% | 8,436,875 | $487.6M | Add +63.5% |
| FIS Fidelity National Info Serv | 1.61% | 5,791,153 | $485.0M | Reduce -0.8% |
| MGA Magna International Inc. | 1.60% | 11,713,599 | $480.7M | Add +19.4% |
| GOOGL Alphabet Inc. Class A | 1.55% | 2,807,412 | $465.6M | Reduce -8.6% |
| FDX FedEx Corp. | 1.55% | 1,699,179 | $465.0M | Add +0.7% |
| USB US Bancorp | 1.53% | 10,079,978 | $461.0M | Reduce -17.5% |
| PPL PPL Corp. | 1.53% | 13,920,448 | $460.5M | Reduce -10.1% |
| SHEL Shell PLC-ADR | 1.52% | 6,910,194 | $455.7M | Reduce -2.0% |
| CMI Cummins Inc. | 1.46% | 1,352,566 | $437.9M | Reduce -0.8% |
| OLN Olin Corp. | 1.41% | 8,838,988 | $424.1M | Add +6.4% |
| KHC The Kraft Heinz Co. | 1.37% | 11,714,730 | $411.3M | New |
| HIG Hartford Insurance Group Inc. | 1.35% | 3,462,507 | $407.2M | Reduce -30.5% |
| BKR Baker Hughes Co. | 1.31% | 10,920,478 | $394.8M | Add +34.7% |
| CFG Citizens Financial Group | 1.26% | 9,192,966 | $377.6M | Reduce -37.1% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 1.13% | 4,706,363 | $338.2M | Reduce -23.3% |
| UL Unilever PLC | 1.10% | 5,106,036 | $331.7M | Reduce -38.8% |
| OVV Ovintiv Inc. | 1.05% | 8,212,561 | $314.6M | Add +17.2% |
| WPP WPP PLC-Sponsored ADR | 0.91% | 5,356,064 | $274.0M | Add +47.9% |
| HCA HCA Healthcare Inc. | 0.86% | 637,717 | $259.2M | Reduce -8.9% |
| CNH CNH Industrial NV | 0.85% | 23,059,694 | $256.0M | Add +2.3% |
| RTX RTX Corp. | 0.82% | 2,046,991 | $248.0M | Reduce -12.6% |
| TEL Te Connectivity PLC | 0.82% | 1,632,421 | $246.5M | Add +0.6% |
| CNC Centene Corp. | 0.80% | 3,203,049 | $241.1M | Add +15.4% |
| CI The Cigna Group | 0.80% | 690,745 | $239.3M | Add +0.7% |
| CRBG Corebridge Financial Inc. | 0.78% | 8,086,483 | $235.8M | Add +0.2% |
| MRO Marathon Oil Corp. | 0.72% | 8,112,234 | $216.0M | Reduce -4.5% |
| PCAR Paccar Inc. | 0.71% | 2,168,225 | $214.0M | Add +15.2% |
| NSC Norfolk Southern Corp. | 0.69% | 836,340 | $207.8M | New |
| CAG Conagra Brands Inc. | 0.68% | 6,290,625 | $204.6M | Add +2.0% |
| ZBH Zimmer Biomet Holdings Inc. | 0.63% | 1,752,298 | $189.2M | Add +49.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.60% | 4,524,706 | $179.5M | Reduce -1.6% |
| APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC | 0.60% | 2,488,395 | $179.2M | Add +18.5% |
| WBD Warner Bros Discovery Inc. | 0.57% | 20,889,437 | $172.3M | Add +1.6% |
| TFC Truist Financial Corp. | 0.57% | 4,010,245 | $171.5M | Reduce -12.0% |
| DFS Discover Financial Services | 0.56% | 1,198,749 | $168.2M | Reduce -2.9% |
| BA The Boeing Co. | 0.55% | 1,082,037 | $164.5M | Reduce -0.5% |
| FLR Fluor Corp. | 0.54% | 3,423,585 | $163.3M | Reduce -15.3% |
| HUM Humana Inc. | 0.53% | 505,342 | $160.1M | Reduce -12.6% |
| MU Micron Technology Inc. | 0.51% | 1,489,297 | $154.5M | Add +65.8% |
| GSK GSK PLC-Spon ADR | 0.48% | 3,542,143 | $144.8M | Add +30.8% |
| TKR Timken Co. | 0.48% | 1,700,979 | $143.4M | Add +34.3% |
| GS Goldman Sachs Group Inc. | 0.46% | 280,327 | $138.8M | Reduce -59.6% |
| COF Capital One Financial Corp. | 0.46% | 919,665 | $137.7M | Reduce -3.1% |
| STGW Stagwell Inc. | 0.45% | 19,186,620 | $134.7M | Reduce -3.1% |
| BUD Anheuser-Busch Inbev-SPN ADR | 0.45% | 2,029,000 | $134.5M | Reduce -1.0% |
| SNY Sanofi-ADR | 0.43% | 2,258,430 | $130.2M | Reduce -1.4% |
| BPOP Popular Inc. | 0.43% | 1,281,751 | $128.5M | Reduce -20.9% |
| SOLV Solventum Corp. | 0.42% | 1,799,880 | $125.5M | New |
| GD General Dynamics Corp. | 0.41% | 411,839 | $124.5M | Reduce -2.0% |
| GLW Corning Inc. | 0.40% | 2,672,272 | $120.7M | Reduce -54.6% |
| ADNT Adient PLC | 0.39% | 5,197,090 | $117.3M | Add +9.3% |
| ARW Arrow Electronics Inc. | 0.37% | 838,067 | $111.3M | Reduce -26.8% |
| UHAL.B U-Haul Holding Co.-Non Voting | 0.37% | 1,539,795 | $110.9M | Add +16.3% |
| EEFT Euronet Worldwide Inc. | 0.35% | 1,064,233 | $105.6M | Add +13.6% |
| BWA Borgwarner Inc. | 0.33% | 2,764,103 | $100.3M | Add +19.2% |
| HAL Halliburton Co. | 0.33% | 3,405,924 | $98.9M | Add +3.4% |
| OMC Omnicom Group | 0.33% | 948,545 | $98.1M | Reduce -2.5% |
| BKNG Booking Holdings Inc. | 0.32% | 22,638 | $95.4M | Reduce -0.6% |
| MUR Murphy Oil Corp. | 0.29% | 2,627,701 | $88.7M | Add +2.3% |
| ECVT Ecovyst Inc. | 0.29% | 12,852,925 | $88.0M | Add +27.3% |
| LH Labcorp Holdings Inc. | 0.29% | 392,880 | $87.8M | Reduce -1.0% |
| CVE Cenovus Energy Inc. | 0.29% | 5,189,198 | $86.8M | Reduce -3.9% |
| DE Deere & Co. | 0.29% | 206,880 | $86.3M | New |
| KOS Kosmos Energy Ltd. | 0.28% | 21,141,815 | $85.2M | Add +8.1% |
| JLL Jones Lang Lasalle Inc. | 0.28% | 311,997 | $84.2M | Reduce -5.2% |
| SLM SLM Corp. | 0.28% | 3,674,013 | $84.0M | Reduce -6.0% |
| CTSH Cognizant Tech Solutions-A | 0.28% | 1,079,910 | $83.3M | Reduce -0.6% |
| VAC Marriott Vacations World | 0.27% | 1,102,774 | $81.0M | Add +18.0% |
| FCNCA First Citizens Bcshs Class A | 0.27% | 43,493 | $80.1M | Reduce -18.7% |
| FHB First Hawaiian Inc. | 0.26% | 3,422,311 | $79.2M | Reduce -1.9% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.26% | 1,881,097 | $78.9M | Reduce -0.7% |
| SWK Stanley Black & Decker Inc. | 0.24% | 666,759 | $73.4M | Add +0.4% |
| PARAA Paramount Global Class B | 0.23% | 6,599,524 | $70.1M | Add +0.1% |
| DOX Amdocs Ltd. | 0.22% | 759,136 | $66.4M | Add +123.2% |
| BDC Belden Inc. | 0.21% | 541,695 | $63.4M | Reduce -1.3% |
| MAN Manpowergroup Inc. | 0.19% | 792,640 | $58.3M | Reduce -0.9% |
| WCC Wesco International Inc. | 0.17% | 301,575 | $50.7M | Add +11.8% |
| BCO The Brink's Co. | 0.16% | 428,550 | $49.6M | Reduce -14.7% |
| NCMI National Cinemedia Inc. | 0.16% | 6,936,947 | $48.9M | Add +5.6% |
| SAH Sonic Automotive Inc. Class A | 0.16% | 824,686 | $48.2M | Reduce -5.8% |
| SF Stifel Financial Corp. | 0.15% | 470,774 | $44.2M | Reduce -9.0% |
| HII Huntington Ingalls Industrie | 0.14% | 156,727 | $41.4M | Add +3.0% |
| GBX Greenbrier Companies Inc. | 0.13% | 743,840 | $37.9M | Reduce -4.9% |
| AVT Avnet Inc. | 0.12% | 690,270 | $37.5M | Add +204.6% |
| NTB Bank of N.T. Butterfield&son | 0.12% | 1,005,850 | $37.1M | Reduce -0.5% |
Options reported separately and not counted above: IYR puts ($24.4M), FXI puts ($6.9M), TSLA puts ($6.0M), ASAN puts ($974K).
Portfolio Sells Q2 2024 → Q3 2024
| GS Goldman Sachs Group Inc. | Reduce -59.6% | 0.46% | −0.63 |
| CFG Citizens Financial Group | Reduce -37.1% | 1.26% | −0.58 |
| VOD Vodafone Group PLC-SP ADR | Reduce -97.9% | 0.01% | −0.53 |
| ORCL Oracle Corp. | Reduce -98.3% | 0.01% | −0.51 |
| UL Unilever PLC | Reduce -38.8% | 1.10% | −0.50 |
| WFC Wells Fargo & Co. | Reduce -5.4% | 2.49% | −0.41 |
| GOOGL Alphabet Inc. Class A | Reduce -8.6% | 1.55% | −0.41 |
| GLW Corning Inc. | Reduce -54.6% | 0.40% | −0.40 |
| HIG Hartford Insurance Group Inc. | Reduce -30.5% | 1.35% | −0.40 |
| ERIC Ericsson (lm) Tel-SP ADR | Reduce -23.5% | 2.94% | −0.34 |
| ELV Elevance Health Inc. | Reduce -5.4% | 2.15% | −0.34 |
| ESGR Enstar Group Ltd. | Reduce -80.6% | 0.07% | −0.29 |
| WDAY Workday Inc. Class A | Reduce -16.3% | 1.81% | −0.27 |
| SHEL Shell PLC-ADR | Reduce -2.0% | 1.52% | −0.26 |
| HUM Humana Inc. | Reduce -12.6% | 0.53% | −0.22 |
| USB US Bancorp | Reduce -17.5% | 1.53% | −0.16 |
| BNY Bank of New York Mellon Corp. | Reduce -23.3% | 1.13% | −0.16 |
| BA The Boeing Co. | Reduce -0.5% | 0.55% | −0.14 |
| MRO Marathon Oil Corp. | Reduce -4.5% | 0.72% | −0.13 |
| ARW Arrow Electronics Inc. | Reduce -26.8% | 0.37% | −0.11 |
| BRY Berry Corp. | Reduce -47.4% | 0.06% | −0.09 |
| CVE Cenovus Energy Inc. | Reduce -3.9% | 0.29% | −0.08 |
| BPOP Popular Inc. | Reduce -20.9% | 0.43% | −0.07 |
| FLR Fluor Corp. | Reduce -15.3% | 0.54% | −0.07 |
| SBOW Silverbow Resources Inc. | Sold out | 0.00% | −0.06 |
| ACIW Aci Worldwide Inc. | Sold out | 0.00% | −0.05 |
| SLB SLB Ltd. | Reduce -0.7% | 0.26% | −0.05 |
| FCNCA First Citizens Bcshs Class A | Reduce -18.7% | 0.27% | −0.05 |
| TFC Truist Financial Corp. | Reduce -12.0% | 0.57% | −0.05 |
| JHG Janus Henderson Group PLC | Sold out | 0.00% | −0.05 |
| OGS One Gas Inc. | Sold out | 0.00% | −0.04 |
| PDS Precision Drilling Corp. | Sold out | 0.00% | −0.04 |
| ZION Zions Bancorp NA | Sold out | 0.00% | −0.04 |
| ODP The Odp Corp. | Reduce -0.1% | 0.11% | −0.04 |
| GIS General Mills Inc. | Reduce -35.4% | 0.11% | −0.04 |
| TTMI TTM Technologies | Sold out | 0.00% | −0.04 |
| SNV Synovus Financial Corp. | Reduce -65.1% | 0.03% | −0.04 |
| MLI Mueller Industries Inc. | Sold out | 0.00% | −0.04 |
| MTX Minerals Technologies Inc. | Sold out | 0.00% | −0.04 |
| BAC Bank of America Corp. | Reduce -1.6% | 0.60% | −0.04 |
| VNT Vontier Corp. | Sold out | 0.00% | −0.04 |
| FLS Flowserve Corp. | Sold out | 0.00% | −0.04 |
| KALU Kaiser Aluminum Corp. | Sold out | 0.00% | −0.04 |
| EVR Evercore Inc. Class A | Sold out | 0.00% | −0.04 |
| DXC DXC Technology Co. | Sold out | 0.00% | −0.04 |
| ETRN Equitrans Midstream Corp. | Sold out | 0.00% | −0.04 |
| XPRO Expro Group Holdings NV | Reduce -9.0% | 0.07% | −0.04 |
| HTLD Heartland Express Inc. | Sold out | 0.00% | −0.04 |
| CRUS Cirrus Logic Inc. | Sold out | 0.00% | −0.03 |
| HIBB Hibbett Inc. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q2 2024 → Q3 2024
| KHC The Kraft Heinz Co. | New | 1.37% | +1.37 |
| FFIV F5 Inc. | Add +3.6% | 4.02% | +0.83 |
| D Dominion Energy Inc. | Add +63.5% | 1.62% | +0.74 |
| NSC Norfolk Southern Corp. | New | 0.69% | +0.69 |
| CVS CVS Health Corp. | Add +34.8% | 2.49% | +0.67 |
| STT State Street Corp. | Add +30.4% | 1.71% | +0.56 |
| SOLV Solventum Corp. | New | 0.42% | +0.42 |
| WPP WPP PLC-Sponsored ADR | Add +47.9% | 0.91% | +0.33 |
| BKR Baker Hughes Co. | Add +34.7% | 1.31% | +0.32 |
| DE Deere & Co. | New | 0.29% | +0.29 |
| ZBH Zimmer Biomet Holdings Inc. | Add +49.1% | 0.63% | +0.18 |
| MGA Magna International Inc. | Add +19.4% | 1.60% | +0.16 |
| CNC Centene Corp. | Add +15.4% | 0.80% | +0.16 |
| DOX Amdocs Ltd. | Add +123.2% | 0.22% | +0.13 |
| CMCSA Comcast Corp. Class A | Add +4.8% | 2.07% | +0.13 |
| TKR Timken Co. | Add +34.3% | 0.48% | +0.12 |
| GSK GSK PLC-Spon ADR | Add +30.8% | 0.48% | +0.12 |
| C Citigroup Inc. | Add +9.8% | 3.26% | +0.10 |
| MU Micron Technology Inc. | Add +65.8% | 0.51% | +0.10 |
| UHAL.B U-Haul Holding Co.-Non Voting | Add +16.3% | 0.37% | +0.09 |
| AVT Avnet Inc. | Add +204.6% | 0.12% | +0.08 |
| APTV Aptiv Irish Holdings Ltd. | Add +18.5% | 0.60% | +0.08 |
| BWA Borgwarner Inc. | Add +19.2% | 0.33% | +0.07 |
| CAG Conagra Brands Inc. | Add +2.0% | 0.68% | +0.07 |
| WEX Wex Inc. | Add +82.2% | 0.12% | +0.06 |
| NCMI National Cinemedia Inc. | Add +5.6% | 0.16% | +0.06 |
| SWK Stanley Black & Decker Inc. | Add +0.4% | 0.24% | +0.06 |
| EFOR Everforth Inc. | Add +111.0% | 0.11% | +0.06 |
| CNH CNH Industrial NV | Add +2.3% | 0.85% | +0.05 |
| NVST Envista Holdings Corp. | New | 0.05% | +0.05 |
| HELE Helen of Troy Ltd. | New | 0.05% | +0.05 |
| AGCO Agco Corp. | New | 0.04% | +0.04 |
| HUN Huntsman Corp. | Add +295.1% | 0.06% | +0.04 |
| HOG Harley-Davidson Inc. | Add +559.5% | 0.05% | +0.04 |
| OLN Olin Corp. | Add +6.4% | 1.41% | +0.04 |
| PII Polaris Inc. | New | 0.04% | +0.04 |
| MSM MSC Industrial Direct Co. Class A | New | 0.04% | +0.04 |
| CRGY Crescent Energy Inc. Class A | Add +77.7% | 0.11% | +0.04 |
| WBD Warner Bros Discovery Inc. | Add +1.6% | 0.57% | +0.04 |
| MGEE Mge Energy Inc. | New | 0.04% | +0.04 |
| WU Western Union Co. | New | 0.04% | +0.04 |
| BRSL Brightstar Lottery PLC | Add +80.8% | 0.09% | +0.04 |
| PDCO Patterson Cos Inc. | New | 0.04% | +0.04 |
| AMPH Amphastar Pharmaceuticals Inc. | New | 0.04% | +0.04 |
| VC Visteon Corp. | New | 0.04% | +0.04 |
| PCAR Paccar Inc. | Add +15.2% | 0.71% | +0.04 |
| PBF PBF Energy Inc. Class A | New | 0.03% | +0.03 |
| KNF Knife River Corp. | New | 0.03% | +0.03 |
| KGS Kodiak Gas Services Inc. | New | 0.03% | +0.03 |
| AMWD American Woodmark Corp. | New | 0.03% | +0.03 |
Options Activity Q2 2024 → Q3 2024
| AAPL Apple Inc. | put | Sold out | 10,000 | $2.1Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 457 | $34.3B | WDAY, APA, AIG, FFIV, GEHC |
| Q1 2026 | 460 | $32.3B | WDAY, APA, FFIV, ERIC, C |
| Q4 2025 | 459 | $33.4B | WDAY, FFIV, C, ERIC, AIG |
| Q3 2025 | 464 | $32.2B | FFIV, WDAY, APA, C, AIG |
| Q2 2025 | 469 | $30.8B | FFIV, WDAY, C, ERIC, CMCSA |
| Q1 2025 | 465 | $29.9B | FFIV, C, ERIC, WDAY, AIG |
| Q4 2024 | 473 | $30.0B | FFIV, C, ERIC, APA, WFC |
| Q3 2024 | 478 | $30.1B | FFIV, C, ERIC, GM, CVS |
| Q2 2024 | 478 | $28.6B | ERIC, FFIV, C, WFC, APA |
| Q1 2024 | 478 | $30.0B | C, WFC, FFIV, APA, ERIC |