# EDGAR Filing Document

**Accession Number:** 0001511697
**File Stem:** 0001085146-23-001108
**Filing Date:** 2023-2
**Character Count:** 12494
**Document Hash:** 8b2daf2ba02d6d4c329a29c7906861c0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-001108.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0001085146-23-001108

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**EFFECTIVENESS DATE**: 20230213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Huber Capital Management LLC
- **CENTRAL INDEX KEY:** 0001511697
- **IRS NUMBER:** 208441410
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-14114
- **FILM NUMBER:** 23618602

**BUSINESS ADDRESS:**
- **STREET 1:** 1700 EAST WALNUT AVE., SUITE 460
- **CITY:** EL SEGUNDO
- **STATE:** CA
- **ZIP:** 90245
- **BUSINESS PHONE:** 310-207-8400

**MAIL ADDRESS:**
- **STREET 1:** 1700 EAST WALNUT AVE., SUITE 460
- **CITY:** EL SEGUNDO
- **STATE:** CA
- **ZIP:** 90245

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** Huber Capital Management LLC<br>**Address:** 1700 EAST WALNUT AVE. SUITE 460<br>EL SEGUNDO, CA 90245

**Form 13F File Number:** 028-14114

**CRD Number (if applicable):** 000143344

**SEC File Number (if applicable):** 801-67634

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:** Gary Thomas<br>**Title:** Principal and Director COO / CCO<br>**Phone:** 310-207-8400

**Signature, Place, and Date of Signing:**

/s/Gary Thomas  El Segundo, CA  02-13-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 88

**Form 13F Information Table Value Total:** $396357470

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ADEIA INC | COM | 00676P107 |  | 270275 | 28510 | SH |  | SOLE |  | 28510 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 6767443 | 367596 | SH |  | SOLE |  | 214692 | 0 | 152904 |
| BANK AMERICA CORP | COM | 060505104 |  | 5887047 | 177749 | SH |  | SOLE |  | 109449 | 0 | 68300 |
| BLOCK H  R INC | COM | 093671105 |  | 737977 | 20213 | SH |  | SOLE |  | 20213 | 0 | 0 |
| BORR DRILLING LTD | SHS | G1466R173 |  | 1146858 | 230756 | SH |  | SOLE |  | 230756 | 0 | 0 |
| BP PLC | SPONSORED ADR | 055622104 |  | 22535264 | 645155 | SH |  | SOLE |  | 558455 | 0 | 86700 |
| C  F FINL CORP | COM | 12466Q104 |  | 1696880 | 29121 | SH |  | SOLE |  | 29121 | 0 | 0 |
| CAPSTAR FINL HLDGS INC | COM | 14070T102 |  | 1233975 | 69874 | SH |  | SOLE |  | 69874 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 1877741 | 45521 | SH |  | SOLE |  | 25621 | 0 | 19900 |
| CARTER BANKSHARES INC | COM NEW | 146103106 |  | 6525593 | 393345 | SH |  | SOLE |  | 393345 | 0 | 0 |
| CHESAPEAKE ENERGY CORP | COM | 165167735 |  | 7553375 | 80040 | SH |  | SOLE |  | 66740 | 0 | 13300 |
| CHEVRON CORP NEW | COM | 166764100 |  | 6533436 | 36400 | SH |  | SOLE |  | 36400 | 0 | 0 |
| CHORD ENERGY CORPORATION | COM NEW | 674215207 |  | 1012394 | 7400 | SH |  | SOLE |  | 7400 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 9201049 | 203428 | SH |  | SOLE |  | 126728 | 0 | 76700 |
| CNO FINL GROUP INC | COM | 12621E103 |  | 7823223 | 342373 | SH |  | SOLE |  | 284938 | 0 | 57435 |
| COMMERCIAL VEH GROUP INC | COM | 202608105 |  | 709480 | 104182 | SH |  | SOLE |  | 104182 | 0 | 0 |
| COMTECH TELECOMMUNICATIONS C | COM NEW | 205826209 |  | 3631050 | 299098 | SH |  | SOLE |  | 299098 | 0 | 0 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 348300 | 9000 | SH |  | SOLE |  | 9000 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 3197800 | 27100 | SH |  | SOLE |  | 24100 | 0 | 3000 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 647437 | 7510 | SH |  | SOLE |  | 7510 | 0 | 0 |
| CSI COMPRESSCO LP | COM UNIT | 12637A103 |  | 1537628 | 1156111 | SH |  | SOLE |  | 1156111 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 3985848 | 64800 | SH |  | SOLE |  | 59300 | 0 | 5500 |
| ENOVA INTL INC | COM | 29357K103 |  | 6048110 | 157626 | SH |  | SOLE |  | 124026 | 0 | 33600 |
| EOG RES INC | COM | 26875P101 |  | 1878040 | 14500 | SH |  | SOLE |  | 14500 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 330105 | 7636 | SH |  | SOLE |  | 7636 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 2547930 | 23100 | SH |  | SOLE |  | 23100 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 4613528 | 26637 | SH |  | SOLE |  | 15337 | 0 | 11300 |
| FIRST BANCORP N C | COM | 318910106 |  | 859756 | 20069 | SH |  | SOLE |  | 20069 | 0 | 0 |
| FIRST CTZNS BANCSHARES INC N | CL A | 31946M103 |  | 8583119 | 11318 | SH |  | SOLE |  | 10418 | 0 | 900 |
| FIRST HORIZON CORPORATION | COM | 320517105 |  | 21066645 | 859863 | SH |  | SOLE |  | 661678 | 0 | 198185 |
| FIRST UTD CORP | COM | 33741H107 |  | 849843 | 43249 | SH |  | SOLE |  | 43249 | 0 | 0 |
| GOLAR LNG LTD | SHS | G9456A100 |  | 22707820 | 996394 | SH |  | SOLE |  | 905531 | 0 | 90863 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 377718 | 1100 | SH |  | SOLE |  | 600 | 0 | 500 |
| GOODYEAR TIRE  RUBR CO | COM | 382550101 |  | 4698546 | 462911 | SH |  | SOLE |  | 393711 | 0 | 69200 |
| GRANITE REAL ESTATE INVT TR | UNIT 99/99/9999 | 387437114 |  | 2298986 | 45087 | SH |  | SOLE |  | 45087 | 0 | 0 |
| GSK PLC | SPONSORED ADR | 37733W204 |  | 1710333 | 48672 | SH |  | SOLE |  | 21013 | 0 | 27659 |
| GULFPORT ENERGY CORP | COMMON SHARES | 402635502 |  | 3390975 | 46048 | SH |  | SOLE |  | 46048 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 1432340 | 36400 | SH |  | SOLE |  | 36400 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 262877 | 16471 | SH |  | SOLE |  | 16471 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 1902109 | 6022 | SH |  | SOLE |  | 6022 | 0 | 0 |
| HOMETRUST BANCSHARES INC | COM | 437872104 |  | 707045 | 29253 | SH |  | SOLE |  | 29253 | 0 | 0 |
| INNOSPEC INC | COM | 45768S105 |  | 9973512 | 96962 | SH |  | SOLE |  | 87991 | 0 | 8971 |
| JAKKS PAC INC | COM NEW | 47012E403 |  | 2538603 | 145146 | SH |  | SOLE |  | 145146 | 0 | 0 |
| JEFFERIES FINL GROUP INC | COM | 47233W109 |  | 483348 | 14100 | SH |  | SOLE |  | 10000 | 0 | 4100 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 4409611 | 32883 | SH |  | SOLE |  | 24078 | 0 | 8805 |
| KBR INC | COM | 48242W106 |  | 25927388 | 491049 | SH |  | SOLE |  | 440616 | 0 | 50433 |
| LAMB WESTON HLDGS INC | COM | 513272104 |  | 372274 | 4166 | SH |  | SOLE |  | 4166 | 0 | 0 |
| LENNAR CORP | CL B | 526057302 |  | 425349 | 5688 | SH |  | SOLE |  | 5688 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 8683944 | 23737 | SH |  | SOLE |  | 22937 | 0 | 800 |
| LIONS GATE ENTMNT CORP | CL B NON VTG | 535919500 |  | 7310138 | 1346250 | SH |  | SOLE |  | 1133800 | 0 | 212450 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 4493715 | 12923 | SH |  | SOLE |  | 7423 | 0 | 5500 |
| MERCER INTL INC | COM | 588056101 |  | 13095350 | 1125030 | SH |  | SOLE |  | 953796 | 0 | 171234 |
| MERCK  CO INC | COM | 58933Y105 |  | 3813351 | 34370 | SH |  | SOLE |  | 25570 | 0 | 8800 |
| MICROSOFT CORP | COM | 594918104 |  | 15119692 | 63046 | SH |  | SOLE |  | 43346 | 0 | 19700 |
| MILLER INDS INC TENN | COM NEW | 600551204 |  | 4383330 | 164416 | SH |  | SOLE |  | 164416 | 0 | 0 |
| NATIONAL FUEL GAS CO | COM | 636180101 |  | 6423937 | 101484 | SH |  | SOLE |  | 75584 | 0 | 25900 |
| NEW FORTRESS ENERGY INC | COM CL A | 644393100 |  | 8733217 | 205875 | SH |  | SOLE |  | 182275 | 0 | 23600 |
| NORTHRIM BANCORP INC | COM | 666762109 |  | 1309189 | 23991 | SH |  | SOLE |  | 23991 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 5567405 | 10204 | SH |  | SOLE |  | 9504 | 0 | 700 |
| OFFICE PPTYS INCOME TR | COM SHS BEN INT | 67623C109 |  | 641588 | 48059 | SH |  | SOLE |  | 48059 | 0 | 0 |
| PARAMOUNT GLOBAL | CLASS B COM | 92556H206 |  | 1168569 | 69228 | SH |  | SOLE |  | 46228 | 0 | 23000 |
| PFIZER INC | COM | 717081103 |  | 4075015 | 79528 | SH |  | SOLE |  | 40528 | 0 | 39000 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 3133360 | 30959 | SH |  | SOLE |  | 13859 | 0 | 17100 |
| PORTLAND GEN ELEC CO | COM NEW | 736508847 |  | 449918 | 9182 | SH |  | SOLE |  | 9182 | 0 | 0 |
| POTLATCHDELTIC CORPORATION | COM | 737630103 |  | 202354 | 4600 | SH |  | SOLE |  | 4600 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 268542 | 2700 | SH |  | SOLE |  | 2700 | 0 | 0 |
| RANGER ENERGY SVCS INC | COM CL A | 75282U104 |  | 1834342 | 166607 | SH |  | SOLE |  | 166607 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 4448238 | 206319 | SH |  | SOLE |  | 151719 | 0 | 54600 |
| RENT A CTR INC NEW | COM | 76009N100 |  | 11970982 | 530864 | SH |  | SOLE |  | 435105 | 0 | 95759 |
| SCIENCE APPLICATIONS INTL CO | COM | 808625107 |  | 3946446 | 35576 | SH |  | SOLE |  | 30305 | 0 | 5271 |
| SELECT MED HLDGS CORP | COM | 81619Q105 |  | 3118723 | 125603 | SH |  | SOLE |  | 98903 | 0 | 26700 |
| SHELL PLC | SPON ADS | 780259305 |  | 22103149 | 388115 | SH |  | SOLE |  | 330115 | 0 | 58000 |
| SOUTHSTATE CORPORATION | COM | 840441109 |  | 1191064 | 15598 | SH |  | SOLE |  | 15598 | 0 | 0 |
| SYSTEM1 INC | CL A COM | 87200P109 |  | 1414579 | 301616 | SH |  | SOLE |  | 301616 | 0 | 0 |
| TAYLOR MORRISON HOME CORP | COM | 87724P106 |  | 570337 | 18792 | SH |  | SOLE |  | 18792 | 0 | 0 |
| TE CONNECTIVITY LTD | SHS | H84989104 |  | 419824 | 3657 | SH |  | SOLE |  | 3657 | 0 | 0 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 1117340 | 22901 | SH |  | SOLE |  | 22901 | 0 | 0 |
| TETRA TECHNOLOGIES INC DEL | COM | 88162F105 |  | 6964008 | 2012719 | SH |  | SOLE |  | 2012719 | 0 | 0 |
| TILLYS INC | CL A | 886885102 |  | 316198 | 34939 | SH |  | SOLE |  | 34939 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 3987031 | 92657 | SH |  | SOLE |  | 64505 | 0 | 28152 |
| TYSON FOODS INC | CL A | 902494103 |  | 1501533 | 24121 | SH |  | SOLE |  | 20621 | 0 | 3500 |
| VERISIGN INC | COM | 92343E102 |  | 1977155 | 9624 | SH |  | SOLE |  | 6124 | 0 | 3500 |
| VIRTUS INVT PARTNERS INC | COM | 92828Q109 |  | 3880489 | 20270 | SH |  | SOLE |  | 20270 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 560952 | 2700 | SH |  | SOLE |  | 100 | 0 | 2600 |
| VMWARE INC | CL A COM | 928563402 |  | 736560 | 6000 | SH |  | SOLE |  | 1500 | 0 | 4500 |
| W  T OFFSHORE INC | COM | 92922P106 |  | 7406870 | 1327396 | SH |  | SOLE |  | 1327396 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 212685 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| XPERI INC | COMMON STOCK | 98423J101 |  | 2550368 | 296210 | SH |  | SOLE |  | 296210 | 0 | 0 |

---