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Livermore
Livermore
ZHEN

Hotchkis & Wiley Capital Management LLC

SEC CIK
0001164833
Latest filing
Aug 14, 2026

The latest 13F from Hotchkis & Wiley Capital Management LLC covers Q2 2026 (filed Aug 14, 2026): 460 long positions worth $34.3B. The top 10 holdings make up 25.8% of the portfolio, and the largest is Workday, Inc. (WDAY) at 4.5%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
9
Est. +$730.8M
Added
263
Est. +$3.67B
Reduced
174
Est. −$4.15B
Sold out
12
Est. −$452.2M

Top 5 holdings

Share of this quarter's portfolio value

  1. WDAYWorkday, Inc.
    4.5%$1.55BHistory
  2. APAAPA Corp
    3.0%$1.03BHistory
  3. AIGAmerican International Group, Inc.
    2.6%$882.5MHistory
  4. FFIVF5, Inc.
    2.5%$857.5MHistory
  5. GEHCGE HealthCare Technologies Inc.
    2.3%$784.2MHistory

Share of portfolio

Top 5 holdings and the other 455 positions, by share of portfolio value

  1. WDAY4.5%
  2. APA3.0%
  3. AIG2.6%
  4. FFIV2.5%
  5. GEHC2.3%
  6. Other 455 positions85.1%

Biggest buys

New and added positions, by estimated amount bought

  1. CICigna Group
    +$421.0MAddedHistory
  2. SAPSAP SE
    +$347.1MAddedHistory
  3. WDAYWorkday, Inc.
    +$247.7MAddedHistory
  4. CDWCDW Corp
    +$246.1MAddedHistory
  5. QCOMQualcomm Inc
    +$242.2MNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. CICigna Group
    +1.22 pp0.4% → 1.6%History
  2. SAPSAP SE
    +0.99 pp0.1% → 1.1%History
  3. CDWCDW Corp
    +0.79 pp0.8% → 1.5%History
  4. QCOMQualcomm Inc
    +0.71 pp0.0% → 0.7%History
  5. LDOSLeidos Holdings, Inc.
    +0.49 pp0.0% → 0.5%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. FFIVF5, Inc.
    −$1.05BReducedHistory
  2. STTState Street Corp
    −$379.0MReducedHistory
  3. CCitigroup Inc
    −$346.8MReducedHistory
  4. UNHUnitedHealth Group Inc
    −$305.0MReducedHistory
  5. HUMHumana Inc
    −$290.2MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. FFIVF5, Inc.
    −1.59 pp4.1% → 2.5%History
  2. APAAPA Corp
    −1.19 pp4.2% → 3.0%History
  3. STTState Street Corp
    −0.67 pp1.7% → 1.0%History
  4. ERICEricsson LM Telephone Co
    −0.63 pp2.9% → 2.2%History
  5. SLBSLB Limited
    −0.62 pp1.5% → 0.9%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$34.3B
+$1.94B (+6.0%) vs. prior quarter
Positions
460
−3 vs. prior quarter
Top 10 concentration
25.8%
Top 10 as share of value
Turnover
13.2%
Q2 2026, one quarter
Average holding period
15.2 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $34.3B (Q2 2026)

Q1 2021: $32.8BQ2 2021: $32.8BQ3 2021: $31.3BQ4 2021: $31.8BQ1 2022: $31.4BQ2 2022: $25.1BQ3 2022: $23.3BQ4 2022: $26.1BQ1 2023: $25.9BQ2 2023: $26.9BQ3 2023: $26.3BQ4 2023: $28.0BQ1 2024: $30.0BQ2 2024: $28.6BQ3 2024: $30.1BQ4 2024: $30.0BQ1 2025: $29.9BQ2 2025: $30.8BQ3 2025: $32.2BQ4 2025: $33.4BQ1 2026: $32.4BQ2 2026: $34.3B
Q1 2021Q2 2026
13F filings of Hotchkis & Wiley Capital Management LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 2026460$34.3BWDAYAPAAIGvs. Q1 2026SEC
Q1 2026May 15, 2026463$32.4BWDAYAPAFFIVvs. Q4 2025SEC
Q4 2025Feb 17, 2026462$33.4BWDAYFFIVCvs. Q3 2025SEC
Q3 2025Nov 14, 2025466$32.2BFFIVWDAYAPAvs. Q2 2025SEC
Q2 2025Aug 14, 2025471$30.8BFFIVWDAYCvs. Q1 2025SEC
Q1 2025May 14, 2025467$29.9BFFIVCERICvs. Q4 2024SEC
Q4 2024Feb 14, 2025474$30.0BFFIVCERICvs. Q3 2024SEC
Q3 2024Nov 14, 2024478$30.1BFFIVCERICvs. Q2 2024SEC
Q2 2024Aug 14, 2024478$28.6BERICFFIVCvs. Q1 2024SEC
Q1 2024May 14, 2024478$30.0BCWFCFFIVvs. Q4 2023SEC
Q4 2023Feb 14, 2024472$28.0BWFCERICCvs. Q3 2023SEC
Q3 2023Nov 13, 2023472$26.3BFFIVAIGWFCvs. Q2 2023SEC
Q2 2023Aug 11, 2023484$26.9BFFIVAIGWFCvs. Q1 2023SEC
Q1 2023May 15, 2023487$25.9BFFIVAIGMSFTvs. Q4 2022SEC
Q4 2022Feb 14, 2023488$26.1BGECWFCvs. Q3 2022SEC
Q3 2022Nov 14, 2022512$23.3BGECWFCvs. Q2 2022SEC
Q2 2022Aug 12, 2022489$25.1BGECWFCvs. Q1 2022SEC
Q1 2022May 13, 2022484$31.4BGECAIGvs. Q4 2021SEC
Q4 2021Feb 11, 2022488$31.8BWFCCAIGvs. Q3 2021SEC
Q3 2021Nov 12, 2021474$31.3BWFCAIGCvs. Q2 2021SEC
Q2 2021Aug 13, 2021466$32.8BWFCAIGCvs. Q1 2021SEC
Q1 2021May 14, 2021463$32.8BAIGWFCC–SEC

13D and 13G filings

Companies where Hotchkis & Wiley Capital Management LLC reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

8 companies, largest stake first.

Companies where Hotchkis & Wiley Capital Management LLC owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
OLNOLIN Corp13G/A13.39%15.3M shares+3.19 ppfrom 10.20%Feb 13, 20245 filingsFeb 17, 2026SEC
NCMINational CineMedia, Inc.13G/A10.08%9.45M shares+1.60 ppfrom 8.48%Nov 14, 20245 filingsAug 12, 2026SEC
APAAPA Corp13G/A8.97%31.7M shares−1.04 ppfrom 10.01%Feb 11, 20227 filingsAug 12, 2026SEC
STGWStagwell Inc13G/A8.13%21.0M shares+1.43 ppfrom 6.70%Feb 11, 20217 filingsNov 14, 2025SEC
GBLIGlobal Indemnity Group, LLC13G/A7.74%837.5K shares−1.54 ppfrom 9.28%Feb 11, 20216 filingsAug 12, 2026SEC
WPPWPP plc13G7.59%81.9M sharesNewMay 15, 20261 filingMay 15, 2026SEC
WDAYWorkday, Inc.13G/A6.31%12.7M shares+1.24 ppfrom 5.07%May 15, 20262 filingsAug 12, 2026SEC
SRGSeritage Growth Properties13G/A5.55%3.13M shares–Feb 11, 20215 filingsMay 15, 2026SEC

Latest filings

130 filings on file made by Hotchkis & Wiley Capital Management LLC or listing it as a reporting person; the latest 20 are shown.

Schedule 13D and 13G filings by Hotchkis & Wiley Capital Management LLC
CompanyFiled (ET)FormStakeChangeEvent dateFiling
APAAPA CorpAug 12, 20268:45 AM ET13G/A8.97%31.7M shares−1.04 ppfrom 10.01%Jun 30, 2026SEC
FFIVF5, Inc.Aug 12, 20268:44 AM ET13G/A3.65%2.06M shares−4.45 ppfrom 8.10%Below 5%Jun 30, 2026SEC
WDAYWorkday, Inc.Aug 12, 20268:43 AM ET13G/A6.31%12.7M shares+1.24 ppfrom 5.07%Jun 30, 2026SEC
GBLIGlobal Indemnity Group, LLCAug 12, 20268:42 AM ET13G/A7.74%837.5K shares−1.54 ppfrom 9.28%Jun 30, 2026SEC
NCMINational CineMedia, Inc.Aug 12, 20268:41 AM ET13G/A10.08%9.45M shares+1.60 ppfrom 8.48%Jun 30, 2026SEC
NOVNOV Inc.May 15, 20264:20 PM ET13G/A4.14%14.9M shares−4.76 ppfrom 8.90%Below 5%Mar 31, 2026SEC
WPPWPP plcMay 15, 20264:19 PM ET13G7.59%81.9M sharesNewMar 31, 2026SEC
WDAYWorkday, Inc.May 15, 20264:19 PM ET13G5.07%10.7M sharesNewMar 31, 2026SEC
SRGSeritage Growth PropertiesMay 15, 20264:18 PM ET13G/A5.55%3.13M shares–Mar 31, 2026SEC
FFIVF5, Inc.May 15, 20264:17 PM ET13G/A8.10%4.58M shares−1.32 ppfrom 9.42%Mar 31, 2026SEC
NCMINational CineMedia, Inc.May 15, 20264:16 PM ET13G/A8.48%7.90M shares+1.92 ppfrom 6.56%Mar 31, 2026SEC
ECVTEcovyst Inc.May 8, 20263:47 PM ET13G/A4.90%5.41M shares−2.84 ppfrom 7.74%Below 5%Mar 31, 2026SEC
NOVNOV Inc.Feb 17, 20264:26 PM ET13G/A8.90%32.5M shares–Dec 31, 2025SEC
FFIVF5, Inc.Feb 17, 20264:25 PM ET13G/A9.42%5.47M shares+1.00 ppfrom 8.42%Dec 31, 2025SEC
OLNOLIN CorpFeb 17, 20264:25 PM ET13G/A13.39%15.3M shares+3.19 ppfrom 10.20%Dec 31, 2025SEC
NCMINational CineMedia, Inc.Nov 14, 20259:29 AM ET13G6.56%6.15M shares+1.70 ppfrom 4.86%Sep 30, 2025SEC
ECVTEcovyst Inc.Nov 14, 20259:29 AM ET13G/A7.74%8.85M shares−1.82 ppfrom 9.56%Sep 30, 2025SEC
STGWStagwell IncNov 14, 20259:28 AM ET13G/A8.13%21.0M shares+1.43 ppfrom 6.70%Sep 30, 2025SEC
FFIVF5, Inc.Nov 14, 20259:27 AM ET13G/A8.42%4.84M shares–Sep 30, 2025SEC
GBLIGlobal Indemnity Group, LLCNov 14, 20259:25 AM ET13G/A9.28%974.2K shares–Sep 30, 2025SEC