13F-HR 1 hw13f092.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2009 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: Hotchkis and Wiley Capital Management, LLC Address: 725 South Figueroa Street, 39th Floor Los Angeles, CA 90017-5439 13F File Number: 028-10068 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, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Tina H. Kodama Title: Chief Compliance Officer Phone: 213-430-1897 Signature, Place and Date of Signing: /s/ Tina H. Kodama Los Angeles, CA July 17, 2009 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 134 Form 13F Information Table Value Total: $11,611,585 (thousands) ITEM 4 ITEM 6 ITEM 8 FAIR MKT ITEM 5 INVSMNT VOTING AUTHORITY ITEM 1 ITEM 2 ITEM 3 VALUE SH/PRN SH PT DISCRET ITEM 7 (SHARES) ISSUER CLASS SECID (000s) AMOUNT PN CL TYPE MRG (A)SOLE (B)SHARED(C)NONE ALCOA INC COM 013817101 115915. 11221229. SH SOLE 6547800. 0. 4673429. ALCATEL-LUCENT SPONSORED ADR 013904305 18543. 7477014. SH SOLE 2506400. 0. 4970614. ALLSTATE CORP COM 020002101 185578. 7605655. SH SOLE 4424200. 0. 3181455. AMERICAN EXPRESS CO COM 025816109 34243. 1473467. SH SOLE 457500. 0. 1015967. AUTONATION INC COM 05329W102 177. 10200. SH SOLE 10200. 0. 0. BMC SOFTWARE INC COM 055921100 117407. 3474600. SH SOLE 2576100. 0. 898500. BANK OF AMERICA CORPORATION COM 060505104 377207. 28576262. SH SOLE 15971912. 0.12604350. BARRY R G CORP OHIO COM 068798107 169. 26000. SH SOLE 26000. 0. 0. BOEING CO COM 097023105 44153. 1038902. SH SOLE 564200. 0. 474702. BOULDER GROWTH & INCOME FD I COM 101507101 657. 145300. SH SOLE 145300. 0. 0. BRISTOL MYERS SQUIBB CO COM 110122108 233707. 11507010. SH SOLE 6597000. 0. 4910010. CNA FINL CORP COM 126117100 39119. 2528724. SH SOLE 1991924. 0. 536800. CA INC COM 12673P105 462813. 26552661. SH SOLE 15945570. 0.10607091. CABOT MICROELECTRONICS CORP COM 12709P103 4826. 170600. SH SOLE 73300. 0. 97300. CAPLEASE INC COM 140288101 7833. 2837900. SH SOLE 1306200. 0. 1531700. CAPITAL ONE FINL CORP COM 14040H105 34949. 1597300. SH SOLE 1244500. 0. 352800. CARPENTER TECHNOLOGY CORP COM 144285103 16583. 796900. SH SOLE 330100. 0. 466800. CHESAPEAKE ENERGY CORP COM 165167107 7492. 377800. SH SOLE 290400. 0. 87400. CHEVRON CORP NEW COM 166764100 9441. 142500. SH SOLE 142500. 0. 0. CITIGROUP INC COM 172967101 19094. 6428950. SH SOLE 3872100. 0. 2556850. CITY NATL CORP COM 178566105 4846. 131584. SH SOLE 55384. 0. 76200. COCA COLA CO COM 191216100 28644. 596883. SH SOLE 191000. 0. 405883. COMERICA INC COM 200340107 104965. 4962886. SH SOLE 3140100. 0. 1822786. CON-WAY INC COM 205944101 36961. 1046754. SH SOLE 714654. 0. 332100. CONSECO INC COM NEW 208464883 28207. 11901500. SH SOLE 7337200. 0. 4564300. CUMMINS INC COM 231021106 167691. 4762598. SH SOLE 2618200. 0. 2144398. DOW CHEM CO COM 260543103 47299. 2930551. SH SOLE 1587500. 0. 1343051. EASTMAN CHEM CO COM 277432100 161589. 4263552. SH SOLE 2876100. 0. 1387452. EBAY INC COM 278642103 192507. 11238011. SH SOLE 6279500. 0. 4958511. EDISON INTL COM 281020107 180953. 5751843. SH SOLE 3413700. 0. 2338143. EMBRAER-EMPRESA BRASILEIRA D SP ADR COM SHS 29081M102 151543. 9151120. SH SOLE 6078400. 0. 3072720. EMPLOYERS HOLDINGS INC COM 292218104 11236. 829225. SH SOLE 328225. 0. 501000. ENTERGY CORP NEW COM 29364G103 42181. 544130. SH SOLE 180600. 0. 363530. EXELON CORP COM 30161N101 327844. 6401954. SH SOLE 3749000. 0. 2652954. FPL GROUP INC COM 302571104 229684. 4039462. SH SOLE 2288450. 0. 1751012. FEDEX CORP COM 31428X106 91342. 1642249. SH SOLE 586000. 0. 1056249. FIFTH THIRD BANCORP COM 316773100 70118. 9875830. SH SOLE 7606230. 0. 2269600. FIRST HORIZON NATL CORP COM 320517105 24360. 2030039. SH SOLE 1088423. 0. 941617. FORTUNE BRANDS INC COM 349631101 39677. 1142100. SH SOLE 851200. 0. 290900. GAP INC DEL COM 364760108 112281. 6846399. SH SOLE 3968700. 0. 2877699. GENWORTH FINL INC COM CL A 37247D106 99672. 14259272. SH SOLE 8897500. 0. 5361772. GOODYEAR TIRE & RUBR CO COM 382550101 16714. 1484400. SH SOLE 1164800. 0. 319600. GREAT PLAINS ENERGY INC COM 391164100 59815. 3846598. SH SOLE 2463898. 0. 1382700. GREAT PLAINS ENERGY INC UNIT 06/15/2042 391164803 2139. 37200. SH SOLE 37200. 0. 0. HANOVER INS GROUP INC COM 410867105 74330. 1950400. SH SOLE 1280500. 0. 669900. HEIDRICK & STRUGGLES INTL IN COM 422819102 6805. 372886. SH SOLE 161886. 0. 211000. HOME DEPOT INC COM 437076102 195817. 8286782. SH SOLE 4520383. 0. 3766399. HOME FED BANCORP INC MD COM 43710G105 1745. 171208. SH SOLE 208. 0. 171000. HONEYWELL INTL INC COM 438516106 22149. 705368. SH SOLE 219200. 0. 486168. HUDSON HIGHLAND GROUP INC COM 443792106 7734. 3946000. SH SOLE 2578300. 0. 1367700. IMS HEALTH INC COM 449934108 37686. 2967400. SH SOLE 2145600. 0. 821800. INFOGROUP INC COM 45670G108 7204. 1261600. SH SOLE 464500. 0. 797100. INTERPUBLIC GROUP COS INC COM 460690100 71998. 14256946. SH SOLE 7513210. 0. 6743736. JPMORGAN CHASE & CO COM 46625H100 402482. 11799537. SH SOLE 6467924. 0. 5331613. JOHNSON & JOHNSON COM 478160104 29520. 519722. SH SOLE 162600. 0. 357122. JONES APPAREL GROUP INC COM 480074103 96963. 9036652. SH SOLE 5757852. 0. 3278800. KSW INC COM 48268R106 165. 60300. SH SOLE 60300. 0. 0. KEYCORP NEW COM 493267108 169295. 32308114. SH SOLE 20399198. 0.11908916. KING PHARMACEUTICALS INC COM 495582108 82937. 8612400. SH SOLE 5947800. 0. 2664600. KORN FERRY INTL COM NEW 500643200 916. 86100. SH SOLE 0. 0. 86100. KRAFT FOODS INC CL A 50075N104 37299. 1471940. SH SOLE 475500. 0. 996440. LAKES ENTMNT INC COM 51206P109 1726. 593100. SH SOLE 346600. 0. 246500. LASALLE HOTEL PPTYS COM SH BEN INT 517942108 1757. 142386. SH SOLE 14786. 0. 127600. LAWSON SOFTWARE INC NEW COM 52078P102 19115. 3407300. SH SOLE 1416900. 0. 1990400. LILLY ELI & CO COM 532457108 160351. 4629081. SH SOLE 2708900. 0. 1920181. LIMITED BRANDS INC COM 532716107 155958. 13029064. SH SOLE 8558000. 0. 4471064. LINCARE HLDGS INC COM 532791100 40086. 1704345. SH SOLE 1238245. 0. 466100. LIZ CLAIBORNE INC COM 539320101 2848. 988900. SH SOLE 803300. 0. 185600. LORILLARD INC COM 544147101 60263. 889229. SH SOLE 433600. 0. 455629. MI DEVS INC CL A SUB VTG 55304X104 40787. 5373800. SH SOLE 4059400. 0. 1314400. MAGNA INTL INC CL A 559222401 20681. 489600. SH SOLE 380900. 0. 108700. MANPOWER INC COM 56418H100 64187. 1516000. SH SOLE 1092800. 0. 423200. MARSHALL & ILSLEY CORP NEW COM 571837103 1185. 246840. SH SOLE 26940. 0. 219900. MAXIM INTEGRATED PRODS INC COM 57772K101 27232. 1735600. SH SOLE 1369300. 0. 366300. MERCK & CO INC COM 589331107 82302. 2943558. SH SOLE 1655400. 0. 1288158. METLIFE INC COM 59156R108 173874. 5793863. SH SOLE 3162695. 0. 2631168. MICROSOFT CORP COM 594918104 378503. 15923571. SH SOLE 8820650. 0. 7102921. MILLER INDS INC TENN COM NEW 600551204 14107. 1603098. SH SOLE 951298. 0. 651800. MIRANT CORP NEW COM 60467R100 26089. 1657500. SH SOLE 1168900. 0. 488600. NATIONAL SEMICONDUCTOR CORP COM 637640103 27345. 2178900. SH SOLE 1620700. 0. 558200. NESS TECHNOLOGIES INC COM 64104X108 3325. 850272. SH SOLE 310172. 0. 540100. NORTHROP GRUMMAN CORP COM 666807102 202712. 4437648. SH SOLE 2480500. 0. 1957148. NOVELL INC COM 670006105 31879. 7037400. SH SOLE 4701400. 0. 2336000. ON SEMICONDUCTOR CORP COM 682189105 30659. 4469200. SH SOLE 2985400. 0. 1483800. ORACLE CORP COM 68389X105 78951. 3685865. SH SOLE 1141900. 0. 2543965. OVERHILL FARMS INC COM 690212105 1898. 360100. SH SOLE 360100. 0. 0. PHH CORP COM NEW 693320202 44657. 2456400. SH SOLE 1708300. 0. 748100. PMA CAP CORP CL A 693419202 2106. 462800. SH SOLE 164100. 0. 298700. PNC FINL SVCS GROUP INC COM 693475105 189673. 4887229. SH SOLE 2845375. 0. 2041854. PPG INDS INC COM 693506107 198689. 4525955. SH SOLE 2782800. 0. 1743155. PACCAR INC COM 693718108 209937. 6473528. SH SOLE 3865500. 0. 2608028. PATNI COMPUTER SYS SPONS ADR 703248203 13356. 1218600. SH SOLE 545100. 0. 673500. PENNEY J C INC COM 708160106 228589. 7962010. SH SOLE 4274900. 0. 3687110. PFIZER INC COM 717081103 119820. 7987972. SH SOLE 4705200. 0. 3282772. PHILIP MORRIS INTL INC COM 718172109 329625. 7556749. SH SOLE 4096661. 0. 3460088. PHILLIPS VAN HEUSEN CORP COM 718592108 3219. 112200. SH SOLE 11000. 0. 101200. PORTLAND GEN ELEC CO COM NEW 736508847 62889. 3228400. SH SOLE 2134400. 0. 1094000. PRUDENTIAL FINL INC COM 744320102 141240. 3794741. SH SOLE 2217100. 0. 1577641. QUIKSILVER INC COM 74838C106 10449. 5648300. SH SOLE 2505400. 0. 3142900. RPM INTL INC COM 749685103 36570. 2604700. SH SOLE 1810400. 0. 794300. REGIONS FINANCIAL CORP NEW COM 7591EP100 54832. 13572300. SH SOLE 9893000. 0. 3679300. RENT A CTR INC NEW COM 76009N100 57545. 3227419. SH SOLE 2195119. 0. 1032300. ROYAL DUTCH SHELL PLC SPON ADR B 780259107 430541. 8465220. SH SOLE 4582900. 0. 3882320. SAFEWAY INC COM NEW 786514208 363426. 17841214. SH SOLE 10642400. 0. 7198814. SCHERING PLOUGH CORP COM 806605101 218999. 8718102. SH SOLE 3998600. 0. 4719502. SPHERION CORP COM 848420105 8735. 2120146. SH SOLE 957046. 0. 1163100. STARWOOD HOTELS&RESORTS WRLD COM 85590A401 15016. 676400. SH SOLE 526800. 0. 149600. STONE ENERGY CORP COM 861642106 4512. 608100. SH SOLE 247700. 0. 360400. SUN MICROSYSTEMS INC COM NEW 866810203 33773. 3663000. SH SOLE 2828300. 0. 834700. SUNTRUST BKS INC COM 867914103 16328. 992600. SH SOLE 303000. 0. 689600. TELLABS INC COM 879664100 13828. 2413200. SH SOLE 1850000. 0. 563200. TERADATA CORP DEL COM 88076W103 6921. 295400. SH SOLE 120400. 0. 175000. TEXAS INSTRS INC COM 882508104 94138. 4419621. SH SOLE 2393400. 0. 2026221. TIBCO SOFTWARE INC COM 88632Q103 5478. 764000. SH SOLE 297300. 0. 466700. TIDEWATER INC COM 886423102 10083. 235200. SH SOLE 157000. 0. 78200. TRAVELERS COMPANIES INC COM 89417E109 181796. 4429720. SH SOLE 2401800. 0. 2027920. UFP TECHNOLOGIES INC COM 902673102 334. 80100. SH SOLE 80100. 0. 0. UNITED AMER INDEMNITY LTD CL A 90933T109 18891. 3943886. SH SOLE 1993465. 0. 1950421. U STORE IT TR COM 91274F104 7558. 1542527. SH SOLE 675027. 0. 867500. UNIVERSAL STAINLESS & ALLOY COM 913837100 1591. 97785. SH SOLE 41385. 0. 56400. UNUM GROUP COM 91529Y106 59006. 3720450. SH SOLE 2515250. 0. 1205200. VALASSIS COMMUNICATIONS INC COM 918866104 22902. 3748300. SH SOLE 2341500. 0. 1406800. VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 184771. 9480307. SH SOLE 5130200. 0. 4350107. VOLCOM INC COM 92864N101 2384. 190700. SH SOLE 80400. 0. 110300. WAL MART STORES INC COM 931142103 25743. 531432. SH SOLE 168500. 0. 362932. WARNACO GROUP INC COM NEW 934390402 15526. 479200. SH SOLE 196100. 0. 283100. WEBSTER FINL CORP CONN COM 947890109 9599. 1192398. SH SOLE 382998. 0. 809400. WELLS FARGO & CO NEW COM 949746101 434923. 17927577. SH SOLE 9735711. 0. 8191866. WESTAR ENERGY INC COM 95709T100 45480. 2423000. SH SOLE 1579900. 0. 843100. WISCONSIN ENERGY CORP COM 976657106 83916. 2061300. SH SOLE 1470100. 0. 591200. ZIMMER HLDGS INC COM 98956P102 42229. 991288. SH SOLE 415400. 0. 575888. TYCO ELECTRONICS LTD COM NEW G9144P105 294915. 15864199. SH SOLE 9523144. 0 6341055. XL CAP LTD CL A G98255105 173865. 15171430. SH SOLE 9168700. 0. 6002730. TYCO INTERNATIONAL LTD SHS H89128104 226143. 8704489. SH SOLE 4833400. 0. 3871089.