# EDGAR Filing Document

**Accession Number:** 0001145022
**File Stem:** 0001145549-23-005675
**Filing Date:** 2023-2
**Character Count:** 24144
**Document Hash:** a6f95ec93fd5a2dfb22d685373fb2b3b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-005675.hdr.sgml**: 20230208

**ACCESSION NUMBER**: 0001145549-23-005675

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230208

**DATE AS OF CHANGE**: 20230208

**PERIOD START**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HOTCHKIS & WILEY FUNDS /DE/
- **CENTRAL INDEX KEY:** 0001145022
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10487
- **FILM NUMBER:** 23597825

**BUSINESS ADDRESS:**
- **STREET 1:** 601 SOUTH FIGUEROA STREET
- **STREET 2:** 39TH FLOOR
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90017-5704
- **BUSINESS PHONE:** 2134301000

**MAIL ADDRESS:**
- **STREET 1:** 601 SOUTH FIGUEROA STREET
- **STREET 2:** 39TH FLOOR
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90017-5704

## Series and Classes Contracts Data

### Hotchkis & Wiley Mid-Cap Value Fund (Series ID: S000006214)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000017130 | Class I      | HWMIX           |
| C000017131 | Class A      | HWMAX           |
| C000017132 | Class C      | HWMCX           |
| C000205768 | Class Z      | HWMZX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** HOTCHKIS & WILEY FUNDS /DE/

- **b. Investment Company Act file number:** 811-10487

- **c. CIK number of Registrant:** 0001145022

- **d. LEI of Registrant:** 549300DFU8YF1PWZ5A57

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 601 South Figueroa Street

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90017-5704

  - **Telephone number:** 213-430-1000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Hotchkis and Wiley Mid-Cap Value Fund

- **b. EDGAR series identifier (if any):** S000006214

- **c. LEI of Series:** 549300PGCC6GLQ6KJM85

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-06-30

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $494985834.45

**Total Liabilities:** $4181291.37

**Net Assets:** $490804543.08

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017130 | 16.55%               | 5.95%                | -5.02%               |
| Class ID C000017131 | 16.54%               | 5.92%                | -5.03%               |
| Class ID C000017132 | 16.44%               | 5.89%                | -5.11%               |
| Class ID C000205768 | 16.57%               | 5.97%                | -5.03%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-4381872.61             | $71803981.77                               |
| Month 2  | $4430020.32              | $23310013.00                               |
| Month 3  | $4341583.30              | $-30601409.07                              |

### Schedule of Portfolio Investments

| Name                            | Title                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Allison Transmission Holdings   | Allison Transmission Holdings Inc         | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |    125000 | NS      | $5200000.00   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| U-Haul Holding Co               | U-Haul Holding Co                         | CUSIP: 023586506<br>LEI: 5493003WIDMLDHYC6Y24 | Long             | EC               | CORP              | US        |    113500 | NS      | $6240230.00   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group I  | American International Group Inc          | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    240300 | NS      | $15196572.00  | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| APA Corp                        | APA Corp                                  | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |    440700 | NS      | $20571876.00  | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrow Electronics Inc           | Arrow Electronics Inc                     | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |     69800 | NS      | $7298986.00   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Brink's Co/The                  | Brink's Co/The                            | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |    156500 | NS      | $8405615.00   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group Inc         | CNO Financial Group Inc                   | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |    460300 | NS      | $10517855.00  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Cenovus Energy Inc              | Cenovus Energy Inc                        | CUSIP: 15135U109<br>LEI: 549300F4XPHJ7NOSP309 | Long             | EC               | CORP              | CA        |    250700 | NS      | $4866087.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc    | Citizens Financial Group Inc              | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |    497600 | NS      | $19590512.00  | 3.99%             |  |  |  | No            |                  1 | On Loan: No      |
| CommScope Holding Co Inc        | CommScope Holding Co Inc                  | CUSIP: 20337X109<br>LEI: 254900AW4CEPCQWSRI58 | Long             | EC               | CORP              | US        |    259100 | NS      | $1904385.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Ericsson                        | Telefonaktiebolaget LM Ericsson           | CUSIP: 294821608<br>LEI: 549300W9JLPW15XIFM52 | Long             | EC               | CORP              | SE        |   1863800 | NS      | $10884592.00  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronet Worldwide Inc           | Euronet Worldwide Inc                     | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |     53900 | NS      | $5087082.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                      | FedEx Corp                                | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |     35700 | NS      | $6183240.00   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                          | F5 Inc                                    | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |     92700 | NS      | $13303377.00  | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| First Citizens BancShares Inc/  | First Citizens BancShares Inc/NC          | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |     22787 | NS      | $17280749.32  | 3.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluor Corp                      | Fluor Corp                                | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |    630900 | NS      | $21866994.00  | 4.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Goodyear Tire & Rubber Co/The   | Goodyear Tire & Rubber Co/The             | CUSIP: 382550101<br>LEI: 5493002BI0S2ZQUY3437 | Long             | EC               | CORP              | US        |    537500 | NS      | $5455625.00   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Co                  | Halliburton Co                            | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |    135600 | NS      | $5335860.00   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Herbalife Nutrition Ltd         | Herbalife Nutrition Ltd                   | CUSIP: N/A<br>LEI: 549300BA7TYPBSZZIA41       | Long             | EC               | CORP              | US        |    318500 | NS      | $4739280.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Jazz Pharmaceuticals PLC        | Jazz Pharmaceuticals PLC                  | CUSIP: N/A<br>LEI: 635400GAUMJCLEZRRV50       | Long             | EC               | CORP              | IE        |     16000 | NS      | $2548960.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Lazard Ltd                      | Lazard Ltd                                | CUSIP: N/A<br>LEI: 254900RIBCDJSUFG1A11       | Long             | EC               | CORP              | US        |     42000 | NS      | $1456140.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC PLC                  | TechnipFMC PLC                            | CUSIP: N/A<br>LEI: 549300D5I93QWCJTCK36       | Long             | EC               | CORP              | GB        |    349600 | NS      | $4261624.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial NV               | CNH Industrial NV                         | CUSIP: N20944109<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | GB        |    225500 | NS      | $3621530.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Expro Group Holdings NV         | Expro Group Holdings NV                   | CUSIP: N/A<br>LEI: 724500LJYA8QIT73H017       | Long             | EC               | CORP              | US        |     91183 | NS      | $1653147.79   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Harley-Davidson Inc             | Harley-Davidson Inc                       | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               | CORP              | US        |     43900 | NS      | $1826240.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Financial Services Gr  | Hartford Financial Services Group Inc/The | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     68300 | NS      | $5179189.00   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntsman Corp                   | Huntsman Corp                             | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |    184500 | NS      | $5070060.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kosmos Energy Ltd               | Kosmos Energy Ltd                         | CUSIP: 500688106<br>LEI: 213800YDFJ3OT9B5P157 | Long             | EC               | CORP              | US        |   4016520 | NS      | $25545067.20  | 5.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Lear Corp                       | Lear Corp                                 | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |     14900 | NS      | $1847898.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Magna International Inc         | Magna International Inc                   | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |    171700 | NS      | $9646106.00   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| ManpowerGroup Inc               | ManpowerGroup Inc                         | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |     62100 | NS      | $5167341.00   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy Oil Corp                 | Murphy Oil Corp                           | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |    220900 | NS      | $9500909.00   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                  | NRG Energy Inc                            | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |    126100 | NS      | $4012502.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| NOV Inc                         | NOV Inc                                   | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |    254600 | NS      | $5318594.00   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| News Corp                       | News Corp                                 | CUSIP: 65249B109<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |    247900 | NS      | $4511780.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corp             | Northern Trust Corp                       | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |     33000 | NS      | $2920170.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp               | Chord Energy Corp                         | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |     49300 | NS      | $6744733.00   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Olin Corp                       | Olin Corp                                 | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |    211400 | NS      | $11191516.00  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc               | Omnicom Group Inc                         | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     61200 | NS      | $4992084.00   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PDC Energy Inc                  | PDC Energy Inc                            | CUSIP: 69327R101<br>LEI: 5493008W8H2T511J5Y59 | Long             | EC               | CORP              | US        |    176400 | NS      | $11197872.00  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc                      | PACCAR Inc                                | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     44600 | NS      | $4414062.00   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Pebblebrook Hotel Trust         | Pebblebrook Hotel Trust                   | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |     43100 | NS      | $577109.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular Inc                     | Popular Inc                               | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |    321800 | NS      | $21341776.00  | 4.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Range Resources Corp            | Range Resources Corp                      | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |    176100 | NS      | $4406022.00   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM Corp                        | SLM Corp                                  | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    373400 | NS      | $6198440.00   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker Inc      | Stanley Black & Decker Inc                | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |     79700 | NS      | $5987064.00   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp               | State Street Corp                         | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |    172100 | NS      | $13349797.00  | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Tri Pointe Homes Inc            | Tri Pointe Homes Inc                      | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     65100 | NS      | $1210209.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ODP Corp/The                    | ODP Corp/The                              | CUSIP: 88337F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    158745 | NS      | $7229247.30   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services Inc   | Universal Health Services Inc             | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |     76300 | NS      | $10749907.00  | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Paramount Global                | Paramount Global                          | CUSIP: 92556H206<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | EC               | CORP              | US        |    256500 | NS      | $4329720.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: —       |
| Vistra Corp                     | Vistra Corp                               | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |    482900 | NS      | $11203280.00  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust            | Vornado Realty Trust                      | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58000 | NS      | $1206980.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Bros Discovery Inc       | Warner Bros Discovery Inc                 | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |    844800 | NS      | $8008704.00   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Whirlpool Corp                  | Whirlpool Corp                            | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               | CORP              | US        |     51600 | NS      | $7299336.00   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| International Distributions Se  | International Distributions Services PLC  | CUSIP: N/A<br>LEI: 213800TCZZU84G8Z2M70       | Long             | EC               | CORP              | GB        |   3165000 | NS      | $8112935.46   | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Iveco Group NV                  | Iveco Group NV                            | CUSIP: N/A<br>LEI: 549300ZWF2ZJDD9EOR96       | Long             | EC               | CORP              | IT        |    154080 | NS      | $916789.44    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Adient PLC                      | Adient PLC                                | CUSIP: N/A<br>LEI: 5493002QLDY8O75RTR78       | Long             | EC               | CORP              | US        |    433100 | NS      | $15024239.00  | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Capri Holdings Ltd              | Capri Holdings Ltd                        | CUSIP: N/A<br>LEI: 549300LPG8W0H1OX3A26       | Long             | EC               | CORP              | GB        |     70000 | NS      | $4012400.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Enstar Group Ltd                | Enstar Group Ltd                          | CUSIP: N/A<br>LEI: 213800AMAL5QFXVUCN04       | Long             | EC               | CORP              | BM        |     44700 | NS      | $10327488.00  | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown Brothers Harriman and Co. | Banco Bilbao Vizcaya Argentaria SA        | CUSIP: N/A<br>LEI: 5493006KMX1VFTPYPW14       | Long             | STIV             | CORP              | US        |  26889439 | PA      | $26889439.03  | 5.48%             | 2022-12-31      | Fixed         | 3.68%                 | No            |                  1 | On Loan: No      |
| Invesco Government & Agency Po  | Invesco Government & Agency Portfolio     | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |   3157315 | NS      | $3157315.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-08

**Name of Applicant:** HOTCHKIS & WILEY FUNDS /DE/

**Signature:** /s/ James Menvielle

**Name of Signer:** James Menvielle

**Title:** Treasurer / Principal Financial Officer