0001085146-11-001192.txt : 20111114
0001085146-11-001192.hdr.sgml : 20111111
20111114073511
ACCESSION NUMBER: 0001085146-11-001192
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110930
FILED AS OF DATE: 20111114
DATE AS OF CHANGE: 20111114
EFFECTIVENESS DATE: 20111114
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC
CENTRAL INDEX KEY: 0001164833
IRS NUMBER: 954871957
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-10068
FILM NUMBER: 111197730
BUSINESS ADDRESS:
STREET 1: 725 SOUTH FIGUERORA ST 39TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90017
BUSINESS PHONE: 2134301000
MAIL ADDRESS:
STREET 1: 725 SOUTH FIGUEROA ST 39TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90017
13F-HR
1
hw3q2011.txt
HOTCHKIS AND WILEY CAPITAL MANAGEMENT, LLC
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2011
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Hotchkis and Wiley Capital Management, LLC
Address: 725 South Figueroa Street, 39th Floor
Los Angeles, CA 90017-5439
13F File Number: 028-10068
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Tina H. Kodama
Title: Chief Compliance Officer
Phone: 213-430-1897
Signature, Place, and Date of Signing:
/s/ Tina H. Kodama Los Angeles, CA November 11, 2011
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 156
Form 13F Information Table Value Total: $13,707,158 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.
NONE
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
99 CENTS ONLY STORES COM 65440K106 6906 374900 SH SOLE 141400 0 233500
AEROPOSTALE COM 007865108 10266 949721 SH SOLE 869800 0 79921
AIR T INC COM 009207101 322 42900 SH SOLE 42900 0 0
ALLIANT TECHSYSTEMS INC COM 018804104 48928 897600 SH SOLE 440100 0 457500
ALLSTATE CORP COM 020002101 487586 20581939 SH SOLE 10132339 0 10449600
AMERICAN INTL GROUP INC COM NEW 026874784 100418 4574849 SH SOLE 612849 0 3962000
APACHE CORP COM 037411105 1549 19300 SH SOLE 0 0 19300
ARRIS GROUP INC COM 04269Q100 73543 7140118 SH SOLE 5052400 0 2087718
ARVINMERITOR INC FRNT 4.000% 2/1 043353AH4 3555 5180000 PRN SOLE 5180000 0 0
ASSOCIATED BANC CORP COM 045487105 8468 910574 SH SOLE 238900 0 671674
BANK OF AMERICA CORPORATION COM 060505104 239660 39160096 SH SOLE 16473053 0 22687043
BANK OF NEW YORK MELLON CORP COM 064058100 264 14200 SH SOLE 14200 0 0
BB&T CORP COM 054937107 4379 205300 SH SOLE 189200 0 16100
BOEING CO COM 097023105 30019 496100 SH SOLE 93500 0 402600
CA INC COM 12673P105 395666 20384665 SH SOLE 10326923 0 10057742
CAPITAL ONE FINL CORP COM 14040H105 151236 3816200 SH SOLE 1763500 0 2052700
CAPLEASE INC COM 140288101 6762 1873100 SH SOLE 592300 0 1280800
CARNIVAL CORP PAIRED CTF 143658300 54549 1800300 SH SOLE 700500 0 1099800
CELANESE CORP DEL COM SER A 150870103 1812 55700 SH SOLE 0 0 55700
CHEVRON CORP NEW COM 166764100 4607 49800 SH SOLE 21700 0 28100
CIBER INC COM 17163B102 3258 1075181 SH SOLE 345400 0 729781
CIRCOR INTL INC COM 17273K109 10667 363200 SH SOLE 107000 0 256200
CITIGROUP INC UNIT 99/99/9999 172967416 4592 57671 PRN SOLE 57671 0 0
CITIGROUP INC COM NEW 172967424 268390 10475811 SH SOLE 4428310 0 6047501
CNO FINL GROUP INC COM 12621E103 55954 10342623 SH SOLE 7330000 0 3012623
COBALT INTL ENERGY INC COM 19075F106 84969 11020684 SH SOLE 6561784 0 4458900
COMCAST CORP NEW CL A SPL 20030N200 290328 14032269 SH SOLE 6365969 0 7666300
CONOCOPHILLIPS COM 20825C104 388270 6131863 SH SOLE 2606063 0 3525800
CON-WAY INC COM 205944101 81849 3698551 SH SOLE 2659600 0 1038951
CORNING INC COM 219350105 88439 7155253 SH SOLE 1066953 0 6088300
CORRECTIONS CORP AMER NEW COM NEW 22025Y407 5502 242500 SH SOLE 82100 0 160400
COVIDIEN PLC SHS G2554F113 14972 339500 SH SOLE 39000 0 300500
CUMMINS INC COM 231021106 87401 1070300 SH SOLE 351600 0 718700
CVS CAREMARK CORPORATION COM 126650100 177252 5278500 SH SOLE 2270200 0 3008300
DIAMOND HILL FINL TRNDS FD I COM 25264C101 649 86100 SH SOLE 86100 0 0
EDISON INTL COM 281020107 228353 5970006 SH SOLE 3076006 0 2894000
EMBRAER S A SP ADR REP 4 COM 29082A107 79499 3133600 SH SOLE 1851700 0 1281900
EMCOR GROUP INC COM 29084Q100 13021 640500 SH SOLE 372100 0 268400
EMPLOYERS HOLDINGS INC COM 292218104 9449 740526 SH SOLE 227000 0 513526
EXELON CORP COM 30161N101 397980 9340066 SH SOLE 4213666 0 5126400
EXXON MOBIL CORP COM 30231G102 5208 71700 SH SOLE 16700 0 55000
FEDEX CORP COM 31428X106 75341 1113200 SH SOLE 148800 0 964400
FIFTH THIRD BANCORP COM 316773100 100959 9995900 SH SOLE 7806200 0 2189700
FIRST FINL HLDGS INC COM 320239106 1748 435999 SH SOLE 105400 0 330599
FIRST HORIZON NATL CORP COM 320517105 19685 3302921 SH SOLE 1912603 0 1390318
FIRST INTST BANCSYSTEM INC COM CL A 32055Y201 8575 800627 SH SOLE 255300 0 545327
FURNITURE BRANDS INTL INC COM 360921100 3751 1820900 SH SOLE 499900 0 1321000
GAP INC DEL COM 364760108 302550 18629900 SH SOLE 9912000 0 8717900
GENERAL MTRS CO COM 37045V100 57268 2837864 SH SOLE 504464 0 2333400
GENERAL MTRS CO *W EXP 07/10/201 37045V118 830 71294 SH SOLE 71294 0 0
GENWORTH FINL INC COM CL A 37247D106 139391 24284103 SH SOLE 11229103 0 13055000
GEO GROUP INC COM 36159R103 4991 268900 SH SOLE 84100 0 184800
GILEAD SCIENCES INC COM 375558103 30004 773300 SH SOLE 521700 0 251600
GLOBAL INDEMNITY PLC SHS G39319101 27579 1614699 SH SOLE 561836 0 1052863
GLOBAL PMTS INC COM 37940X102 2234 55300 SH SOLE 0 0 55300
GOODYEAR TIRE & RUBR CO COM 382550101 15440 1530229 SH SOLE 1401800 0 128429
GOODYEAR TIRE & RUBR CO PFD CONV 382550309 3067 78750 PRN SOLE 78750 0 0
GREAT PLAINS ENERGY INC COM 391164100 71339 3696305 SH SOLE 2245800 0 1450505
HANOVER INS GROUP INC COM 410867105 2623 73900 SH SOLE 11700 0 62200
HARLEY DAVIDSON INC COM 412822108 44560 1298000 SH SOLE 914800 0 383200
HARTFORD FINL SVCS GROUP INC DEP CONV PFD 416515708 2717 141060 PRN SOLE 141060 0 0
HEARTLAND PMT SYS INC COM 42235N108 5025 254800 SH SOLE 86400 0 168400
HEIDRICK & STRUGGLES INTL IN COM 422819102 10477 636916 SH SOLE 173500 0 463416
HEWLETT PACKARD CO COM 428236103 501263 22327977 SH SOLE 9478877 0 12849100
HOME DEPOT INC COM 437076102 125978 3832605 SH SOLE 1689888 0 2142717
HOME FED BANCORP INC MD COM 43710G105 1337 171000 SH SOLE 0 0 171000
HONEYWELL INTL INC COM 438516106 8435 192100 SH SOLE 192100 0 0
HORACE MANN EDUCATORS CORP N COM 440327104 13463 1179953 SH SOLE 349600 0 830353
HUDSON HIGHLAND GROUP INC COM 443792106 16284 4761492 SH SOLE 2441737 0 2319755
HUNTINGTON INGALLS INDS INC COM 446413106 98531 4049790 SH SOLE 2673760 0 1376030
INTERNATIONAL BUSINESS MACHS COM 459200101 6791 38800 SH SOLE 18800 0 20000
INTERPUBLIC GROUP COS INC COM 460690100 71880 9983268 SH SOLE 2819372 0 7163896
JOHNSON & JOHNSON COM 478160104 157604 2473766 SH SOLE 877166 0 1596600
JOHNSON CTLS INC COM 478366107 127971 4852900 SH SOLE 1797400 0 3055500
JONES GROUP INC COM 48020T101 31419 3411361 SH SOLE 2845100 0 566261
JPMORGAN CHASE & CO COM 46625H100 463591 15391477 SH SOLE 6544766 0 8846711
KEYCORP NEW COM 493267108 93888 15832794 SH SOLE 7047602 0 8785192
KEYCORP NEW PFD 7.75% SR A 493267405 3065 30200 PRN SOLE 30200 0 0
KIMBERLY CLARK CORP COM 494368103 34771 489660 SH SOLE 66360 0 423300
KINETIC CONCEPTS INC COM NEW 49460W208 12829 194700 SH SOLE 69100 0 125600
KOSMOS ENERGY LTD SHS G5315B107 25145 2147300 SH SOLE 1969200 0 178100
KRAFT FOODS INC CL A 50075N104 76863 2288956 SH SOLE 1029856 0 1259100
LAKES ENTMNT INC COM 51206P109 1643 673500 SH SOLE 372300 0 301200
LEXMARK INTL NEW CL A 529771107 13779 509754 SH SOLE 296600 0 213154
LIFEPOINT HOSPITALS INC COM 53219L109 30367 828800 SH SOLE 470000 0 358800
LILLY ELI & CO COM 532457108 202224 5469938 SH SOLE 2486088 0 2983850
LOCKHEED MARTIN CORP COM 539830109 357695 4924209 SH SOLE 2224309 0 2699900
MAGNA INTL INC COM 559222401 147821 4483498 SH SOLE 2396698 0 2086800
MANPOWERGROUP INC COM 56418H100 85798 2552000 SH SOLE 1893900 0 658100
MERCK & CO INC NEW COM 58933Y105 134498 4111816 SH SOLE 2076237 0 2035579
MERITOR INC COM 59001K100 5561 787700 SH SOLE 266200 0 521500
METLIFE INC COM 59156R108 131561 4696943 SH SOLE 2333727 0 2363216
MI DEVS INC COM 55304X104 112443 4235160 SH SOLE 3072760 0 1162400
MICROSOFT CORP COM 594918104 300509 12073500 SH SOLE 5109100 0 6964400
MILLER INDS INC TENN COM NEW 600551204 20534 1183490 SH SOLE 509898 0 673592
MORGAN STANLEY COM NEW 617446448 47123 3490600 SH SOLE 464100 0 3026500
MUELLER WTR PRODS INC COM SER A 624758108 3458 1394200 SH SOLE 440300 0 953900
MURPHY OIL CORP COM 626717102 27825 630100 SH SOLE 557500 0 72600
NATIONAL WESTN LIFE INS CO CL A 638522102 2123 15670 SH SOLE 5400 0 10270
NESS TECHNOLOGIES INC COM 64104X108 16454 2148039 SH SOLE 793200 0 1354839
NEXTERA ENERGY INC COM 65339F101 519 9600 SH SOLE 9600 0 0
NORANDA ALUM HLDG CORP COM 65542W107 22957 2749400 SH SOLE 1042300 0 1707100
NORTHROP GRUMMAN CORP COM 666807102 171578 3289464 SH SOLE 1388064 0 1901400
NOVARTIS A G SPONSORED ADR 66987V109 137919 2473003 SH SOLE 958003 0 1515000
NXP SEMICONDUCTORS N V COM N6596X109 3478 246300 SH SOLE 226200 0 20100
ON SEMICONDUCTOR CORP COM 682189105 39564 5518000 SH SOLE 3926500 0 1591500
ORACLE CORP COM 68389X105 133926 4659900 SH SOLE 654900 0 4005000
OVERHILL FARMS INC COM 690212105 9696 2620652 SH SOLE 1237500 0 1383152
PACCAR INC COM 693718108 245110 7247500 SH SOLE 3322400 0 3925100
PENNEY J C INC COM 708160106 302326 11289236 SH SOLE 5532261 0 5756975
PEPSICO INC COM 713448108 62307 1006580 SH SOLE 141880 0 864700
PETROQUEST ENERGY INC COM 716748108 2154 391700 SH SOLE 119800 0 271900
PFIZER INC COM 717081103 183070 10354664 SH SOLE 4717614 0 5637050
PHARMERICA CORP COM 71714F104 11456 802800 SH SOLE 274800 0 528000
PHH CORP COM NEW 693320202 53260 3312200 SH SOLE 2024700 0 1287500
PHILIP MORRIS INTL INC COM 718172109 25311 405750 SH SOLE 298950 0 106800
PNC FINL SVCS GROUP INC COM 693475105 177774 3689023 SH SOLE 1815134 0 1873889
PORTLAND GEN ELEC CO COM NEW 736508847 21513 908100 SH SOLE 270700 0 637400
PPG INDS INC COM 693506107 27826 393800 SH SOLE 53600 0 340200
PPL CORP COM 69351T106 149558 5240278 SH SOLE 2750378 0 2489900
PPL CORP UNIT 99/99/9999S 69351T114 3261 59950 PRN SOLE 59950 0 0
PRUDENTIAL FINL INC COM 744320102 26973 575600 SH SOLE 77300 0 498300
PUBLIC SVC ENTERPRISE GROUP COM 744573106 332975 9978287 SH SOLE 4221187 0 5757100
QUEST DIAGNOSTICS INC COM 74834L100 68146 1380600 SH SOLE 302300 0 1078300
QUIKSILVER INC COM 74838C106 22552 7394100 SH SOLE 2550400 0 4843700
REGIONS FINANCIAL CORP NEW COM 7591EP100 79783 23958900 SH SOLE 19309600 0 4649300
RENT A CTR INC NEW COM 76009N100 48977 1784242 SH SOLE 1166800 0 617442
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 376244 6063564 SH SOLE 2651664 0 3411900
SAFEWAY INC COM NEW 786514208 120411 7240600 SH SOLE 3759300 0 3481300
SAIA INC COM 78709Y105 3063 291149 SH SOLE 19200 0 271949
SANOFI SPONSORED ADR 80105N105 147671 4502166 SH SOLE 1840066 0 2662100
STONE ENERGY CORP COM 861642106 69562 4291306 SH SOLE 3175200 0 1116106
SUNTRUST BKS INC COM 867914103 128217 7143000 SH SOLE 2731900 0 4411100
SUPERVALU INC COM 868536103 30586 4592526 SH SOLE 4215700 0 376826
SYMANTEC CORP COM 871503108 8153 500200 SH SOLE 455800 0 44400
SYMETRA FINL CORP COM 87151Q106 24381 2991510 SH SOLE 944100 0 2047410
SYMMETRICOM INC COM 871543104 3738 861300 SH SOLE 293200 0 568100
SYNOVUS FINL CORP COM 87161C105 20599 19251266 SH SOLE 16197600 0 3053666
TCF FINL CORP COM 872275102 4082 445669 SH SOLE 146100 0 299569
TE CONNECTIVITY LTD REG SHS H84989104 183606 6524727 SH SOLE 3144872 0 3379855
TEREX CORP NEW COM 880779103 15843 1544200 SH SOLE 1033200 0 511000
TESORO CORP COM 881609101 13674 702287 SH SOLE 643300 0 58987
TIME WARNER CABLE INC COM 88732J207 58609 935200 SH SOLE 124600 0 810600
TORCHMARK CORP COM 891027104 31604 906600 SH SOLE 830800 0 75800
TOTAL S A SPONSORED ADR 89151E109 279754 6376886 SH SOLE 2502786 0 3874100
TRAVELERS COMPANIES INC COM 89417E109 4673 95900 SH SOLE 64300 0 31600
TREE COM INC COM 894675107 2402 480408 SH SOLE 480408 0 0
TYCO INTERNATIONAL LTD SHS H89128104 1648 40450 SH SOLE 0 0 40450
UNUM GROUP COM 91529Y106 47276 2255550 SH SOLE 1758550 0 497000
VALASSIS COMMUNICATIONS INC COM 918866104 123031 6565171 SH SOLE 4824780 0 1740391
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 356762 13908856 SH SOLE 6005356 0 7903500
WAL MART STORES INC COM 931142103 243373 4689262 SH SOLE 1912062 0 2777200
WEBSTER FINL CORP CONN COM 947890109 9117 595882 SH SOLE 175300 0 420582
WELLS FARGO & CO NEW COM 949746101 462294 19166398 SH SOLE 8124212 0 11042186
WESTAR ENERGY INC COM 95709T100 14243 539100 SH SOLE 157500 0 381600
XL GROUP PLC SHS G98290102 189398 10074367 SH SOLE 5058267 0 5016100