Hotchkis & Wiley
Hotchkis & Wiley Value Opportunities
Large-cap Value
Jun 2026 → Sep 2026
Our archive holds 2 letters from this strategy, behind 6 investment theses and positions in 19 companies. Every quote below is copied verbatim from the letter it came from.
2 letters in a year · follow all of Hotchkis & Wiley for every strategy.
Performance
as of Sep 30, 2026 · net of fees · USD
- YTD+12.3%
- 1Y+12.7%
- 3Y · /yr+17.6%
- 5Y · /yr+12.0%
- 10Y · /yr+13.3%
- Inception · /yr+13.0%
Index: R3000V
| YTD | 1Y | 3Yper year | 5Yper year | 10Yper year | Since inceptionper year | |
|---|---|---|---|---|---|---|
| Hotchkis & Wiley Value Opportunities | +12.3% | +12.7% | +17.6% | +12.0% | +13.3% | +13.0% |
| R3000V | — | — | — | — | — | — |
Calendar years
- 2025+14.7%index +15.7%
- 2024+11.9%index +14.0%
- 2023+27.0%index +11.7%
- 2022−7.8%index −8.0%
- 2021+34.9%index +25.4%
- 2020+5.6%index +2.9%
- 2019+25.9%index +26.3%
- 2018−10.8%index −8.6%
- 2017+13.9%index +13.2%
- 2016+19.9%index +18.4%
Disclaimer
These figures are copied from the manager’s latest letter, as of Sep 30, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
We trimmed the position on strong performance.
We took advantage of the decline to add to our position in a company whose growing mix of software and systems content should drive growth well above underlying vehicle production, despite near- term cyclicality.
Also held
Its investment theses
- APASep 2026APA is an oil and gas producer with strong free cash flow, cost improvements, and reinvestment opportunities that support buybacks and earnings upside.
- Fuso ChemicalSep 2026Fuso Chemical has dominant niche market shares and attractive end markets, and the managers still find it attractive despite short-term pressure.
- EricssonSep 2026Ericsson is a leading wireless-network equipment provider with attractive valuation and upside from earnings normalization and market share gains.
- Olin Corp.Jun 2026Olin is a leading chlor-alkali producer with upside from a tightening supply-demand backdrop, disciplined capital allocation, and merger synergies.
- APA Corp.Jun 2026APA is an upstream oil and gas company with strong free cash flow, undervalued reinvestment opportunities, and a discounted valuation.
- Fuso ChemicalJun 2026Fuso Chemical is a niche Japanese materials company with monopoly/oligopoly positions and a high-growth medium-term plan.