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Hotchkis & Wiley

Mar 2026 → Jun 2026 · 11 funds

Our archive holds 13 letters from Hotchkis & Wiley, behind 8 investment theses and positions in 17 companies. Every quote below is copied verbatim from the letter it came from.

Hotchkis & Wiley’s own letters page
13
Letters
17
Companies
1
Moves
8
Theses

What they bought and sold · 1 move

  • TrimmedAlphabet Inc.
    June 2026
    “Although the stock rose during the quarter, it detracted from relative performance because we were underweight compared to the benchmark.”
    Read the letter

Companies held · 17

Every company Hotchkis & Wiley has disclosed a position in across our archive, with the letter that last mentioned it.

Theses · 8

  • Olin Corp.
    June 2026

    Olin is a leading chlor-alkali producer with upside from a tightening supply-demand backdrop, disciplined capital allocation, and merger synergies.

    Read the full thesis
  • APA Corp.
    June 2026

    APA is an upstream oil and gas company with strong free cash flow, undervalued reinvestment opportunities, and a discounted valuation.

    Read the full thesis
  • Fuso Chemical
    June 2026

    Fuso Chemical is a niche Japanese materials company with monopoly/oligopoly positions and a high-growth medium-term plan.

    Read the full thesis
  • U-Haul Holding Co.
    June 2026

    U-Haul Holding Co. is the dominant DIY moving and self-storage franchise with durable network advantages, long-term growth optionality, and an undervalued valuation.

    Read the full thesis
  • SAP SE
    June 2026

    SAP SE is a sticky enterprise software leader with a multi-year growth runway, pricing power, margin expansion, and shareholder-friendly management.

    Read the full thesis
  • Elevance Health, Inc.
    March 2026

    Elevance Health, Inc. is a large, high-quality insurer trading at a discount with long-term growth and margin improvement potential despite near-term policy headwinds.

    Read the full thesis
  • Workday, Inc.
    March 2026

    Workday, Inc. is a leading back-office cloud software provider with strong retention, attractive margins, large underpenetrated markets, and an appealing valuation.

    Read the full thesis
  • Olin Corporation
    March 2026

    Olin Corporation is a leading chlor-alkali and ammunition producer poised to benefit from tightening supply/demand, improving pricing, and capital discipline.

    Read the full thesis

Letter archive · 13

2026

Funds · 11

  • Hotchkis & Wiley Large Cap Fundamental Value2
  • Hotchkis & Wiley Mid‑Cap Value Strategy2
  • Hotchkis & Wiley Focused Global Value Strategy1
  • Hotchkis & Wiley Global Value Strategy1
  • Hotchkis & Wiley High Yield Strategy1
  • Hotchkis & Wiley International Small Cap Diversified Value1
  • Hotchkis & Wiley International Value Strategy1
  • Hotchkis & Wiley Large Cap Disciplined Value1
  • Hotchkis & Wiley Small Cap Diversified Value1
  • Hotchkis & Wiley Small Cap Value Strategy1
  • Hotchkis & Wiley Value Opportunities1

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