HF Best Ideas
AnalysesQuarterly LettersWarren AI
All funds

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.

Writes about

Get an email when this fund publishes its next letter

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

11 strategies

Hotchkis & Wiley publishes a letter per strategy. Each one has its own page — what it holds, what it bought, what it wrote.

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

Get Hotchkis & Wiley’s next letter the day it lands

We track Hotchkis & Wiley alongside hundreds of other managers, read every letter, and pull out what they bought and sold. Warren AI reads the whole archive for you.

View plans→
Share this fund