# EDGAR Filing Document

**Accession Number:** 0001145022
**File Stem:** 0001145549-23-005669
**Filing Date:** 2023-2
**Character Count:** 24904
**Document Hash:** 2b093f8376e95f7ef73420db2a391927
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-005669.hdr.sgml**: 20230208

**ACCESSION NUMBER**: 0001145549-23-005669

**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:** 23597813

**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 Large Cap Value Fund (Series ID: S000006213)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000017126 | Class I      | HWLIX           |
| C000017127 | Class A      | HWLAX           |
| C000017128 | Class C      | HWLCX           |
| C000205767 | Class Z      | HWLZX           |

## 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 Large Cap Value Fund

- **b. EDGAR series identifier (if any):** S000006213

- **c. LEI of Series:** 549300HNN8YC6W6I7M17

**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:** $378129327.39

**Total Liabilities:** $2608880.74

**Net Assets:** $375520446.65

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017126 | 15.64%               | 6.51%                | -5.22%               |
| Class ID C000017127 | 15.61%               | 6.49%                | -5.22%               |
| Class ID C000017128 | 15.53%               | 6.40%                | -5.29%               |
| Class ID C000205767 | 15.63%               | 6.51%                | -5.20%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $724347.98               | $54048289.23                               |
| Month 2  | $2277175.99              | $22452977.04                               |
| Month 3  | $1007876.97              | $-22857028.76                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| General Motors Co               | General Motors Co                          | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |    324100 | NS      | $10902724.00  | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK PLC                         | GSK PLC                                    | CUSIP: 37733W204<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |     53340 | NS      | $1874367.60   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp      | Capital One Financial Corp                 | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     19600 | NS      | $1822016.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                   | Citigroup Inc                              | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    396188 | NS      | $17919583.24  | 4.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc    | Citizens Financial Group Inc               | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |    143800 | NS      | $5661406.00   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                    | Comcast Corp                               | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    230800 | NS      | $8071076.00   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Corebridge Financial Inc        | Corebridge Financial Inc                   | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |     91900 | NS      | $1843514.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: —       |
| Corning Inc                     | Corning Inc                                | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |    114100 | NS      | $3644354.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                     | Cummins Inc                                | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |     28500 | NS      | $6905265.00   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc          | Equitable Holdings Inc                     | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |     64600 | NS      | $1854020.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Ericsson                        | Telefonaktiebolaget LM Ericsson            | CUSIP: 294821608<br>LEI: 549300W9JLPW15XIFM52 | Long             | EC               | CORP              | SE        |   1016200 | NS      | $5934608.00   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronet Worldwide Inc           | Euronet Worldwide Inc                      | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |     57000 | NS      | $5379660.00   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                      | FedEx Corp                                 | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |     60100 | NS      | $10409320.00  | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                      | US Bancorp                                 | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    132500 | NS      | $5778325.00   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                    | Unilever PLC                               | CUSIP: 904767704<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    135500 | NS      | $6822425.00   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Paramount Global                | Paramount Global                           | CUSIP: 92556H206<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | EC               | CORP              | US        |     99700 | NS      | $1682936.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: —       |
| Vodafone Group PLC              | Vodafone Group PLC                         | CUSIP: 92857W308<br>LEI: 213800TB53ELEUKM7Q61 | Long             | EC               | CORP              | GB        |    390944 | NS      | $3956353.28   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                          | F5 Inc                                     | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |     87800 | NS      | $12600178.00  | 3.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information   | Fidelity National Information Services Inc | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     41100 | NS      | $2788635.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                      | Fiserv Inc                                 | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     19600 | NS      | $1980972.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co             | General Electric Co                        | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |    269987 | NS      | $22622210.73  | 6.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The     | Goldman Sachs Group Inc/The                | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     29200 | NS      | $10026696.00  | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc              | HCA Healthcare Inc                         | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |     23300 | NS      | $5591068.00   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Co                  | Halliburton Co                             | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     84200 | NS      | $3313270.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Financial Services Gr  | Hartford Financial Services Group Inc/The  | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |    102100 | NS      | $7742243.00   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Corp                       | Hess Corp                                  | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |     28200 | NS      | $3999324.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries   | Huntington Ingalls Industries Inc          | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |      8100 | NS      | $1868508.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co          | International Paper Co                     | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |     54800 | NS      | $1897724.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Magna International Inc         | Magna International Inc                    | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |    143300 | NS      | $8050594.00   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Oil Corp               | Marathon Oil Corp                          | CUSIP: 565849106<br>LEI: 1FRVQX2CRLGC1XLP5727 | Long             | EC               | CORP              | US        |    243700 | NS      | $6596959.00   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                  | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     55200 | NS      | $13238064.00  | 3.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy Oil Corp                 | Murphy Oil Corp                            | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |     90570 | NS      | $3895415.70   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NOV Inc                         | NOV Inc                                    | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |    329600 | NS      | $6885344.00   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Olin Corp                       | Olin Corp                                  | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |     87000 | NS      | $4605780.00   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                     | Oracle Corp                                | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |    158000 | NS      | $12914920.00  | 3.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Ovintiv Inc                     | Ovintiv Inc                                | CUSIP: 69047Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     96600 | NS      | $4898586.00   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp                        | PPL Corp                                   | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |    288100 | NS      | $8418282.00   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc                      | PACCAR Inc                                 | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     42700 | NS      | $4226019.00   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                       | Shell PLC                                  | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    125372 | NS      | $7139935.40   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi                          | Sanofi                                     | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |     40900 | NS      | $1980787.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger Ltd                | Schlumberger Ltd                           | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     38250 | NS      | $2044845.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker Inc      | Stanley Black & Decker Inc                 | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |     35900 | NS      | $2696808.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp               | State Street Corp                          | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |    106600 | NS      | $8268962.00   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Suncor Energy Inc               | Suncor Energy Inc                          | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |    101500 | NS      | $3220595.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial NV               | CNH Industrial NV                          | CUSIP: N20944109<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | GB        |    254700 | NS      | $4090482.00   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Bros Discovery Inc       | Warner Bros Discovery Inc                  | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |    550200 | NS      | $5215896.00   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                | Wells Fargo & Co                           | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    351363 | NS      | $14507778.27  | 3.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings Inc      | Zimmer Biomet Holdings Inc                 | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |     25800 | NS      | $3289500.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Adient PLC                      | Adient PLC                                 | CUSIP: N/A<br>LEI: 5493002QLDY8O75RTR78       | Long             | EC               | CORP              | US        |     41891 | NS      | $1453198.79   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Ltd                      | Amdocs Ltd                                 | CUSIP: N/A<br>LEI: 549300HQV672RJ7RQV66       | Long             | EC               | CORP              | US        |     21500 | NS      | $1954350.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                   | Medtronic PLC                              | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |     82500 | NS      | $6411900.00   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity Ltd             | TE Connectivity Ltd                        | CUSIP: N/A<br>LEI: 894500ZRIX9K13RHXR17       | Long             | EC               | CORP              | US        |     37200 | NS      | $4270560.00   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                    | Alphabet Inc                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     63000 | NS      | $5558490.00   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group I  | American International Group Inc           | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    218500 | NS      | $13817940.00  | 3.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc             | Elevance Health Inc                        | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |     15200 | NS      | $7797144.00   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| APA Corp                        | APA Corp                                   | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |    190700 | NS      | $8901876.00   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co                 | Baker Hughes Co                            | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     64400 | NS      | $1901732.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/T  | Bank of New York Mellon Corp/The           | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |    194200 | NS      | $8839984.00   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc            | Booking Holdings Inc                       | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      1600 | NS      | $3224448.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Corp                      | Cigna Corp                                 | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     11300 | NS      | $3744142.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                 | CVS Health Corp                            | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     57900 | NS      | $5395701.00   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown Brothers Harriman and Co. | Citigroup, Inc.                            | CUSIP: N/A<br>LEI: 5493006KMX1VFTPYPW14       | Long             | STIV             | CORP              | US        |        17 | PA      | $18.12        | 0.00%             | 2022-12-31      | Fixed         | 1.14%                 | No            |                  1 | On Loan: No      |
| Brown Brothers Harriman and Co. | Skandinaviska Enskilda Banken              | CUSIP: N/A<br>LEI: 5493006KMX1VFTPYPW14       | Long             | STIV             | CORP              | US        |   1127765 | PA      | $1127764.85   | 0.30%             | 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        |   1568228 | NS      | $1568228.45   | 0.42%             |  |  |  | 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