13F-HR 1 hw13f072.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, 2007 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 August 13, 2007 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: 126 Form 13F Information Table Value Total: $33,148,239 (thousands) List of Other Included Managers: NONE 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 AGILE SOFTWARE CORP DEL COM 00846X105 9812. 1217400. SH SOLE 778100. 0. 439300. AGRIUM INC COM 008916108 123528. 2823500. SH SOLE 2580200. 0. 243300. ALCOA INC COM 013817101 401696. 9911079. SH SOLE 6858619. 0. 3052460. ALEXANDER & BALDWIN INC COM 014482103 113262. 2132600. SH SOLE 1728800. 0. 403800. ALTRIA GROUP INC COM 02209S103 360148. 5134701. SH SOLE 3693601. 0. 1441100. AMERICAN HOME MTG INVT CORP COM 02660R107 41674. 2267332. SH SOLE 2113032. 0. 154300. ASSURANT INC COM 04621X108 107718. 1828200. SH SOLE 1278700. 0. 549500. AUTONATION INC COM 05329W102 261904. 11671300. SH SOLE 10389300. 0. 1282000. AVIS BUDGET GROUP COM 053774105 167827. 5903153. SH SOLE 5142432. 0. 760721. BJS WHOLESALE CLUB INC COM 05548J106 162665. 4514700. SH SOLE 3840300. 0. 674400. BMC SOFTWARE INC COM 055921100 391673. 12926492. SH SOLE 11499292. 0. 1427200. BANK OF AMERICA CORPORATION COM 060505104 414241. 8472914. SH SOLE 5871119. 0. 2601795. BAUER EDDIE HLDGS INC COM 071625107 6664. 518600. SH SOLE 469400. 0. 49200. BEARINGPOINT INC COM 074002106 53611. 7333900. SH SOLE 6223300. 0. 1110600. BEAZER HOMES USA INC COM 07556Q105 36561. 1482008. SH SOLE 1095208. 0. 386800. BOWNE & CO INC COM 103043105 17323. 887900. SH SOLE 573800. 0. 314100. BROOKFIELD HOMES CORP COM 112723101 13112. 450746. SH SOLE 315810. 0. 134936. CNA FINL CORP COM 126117100 106760. 2238624. SH SOLE 2084024. 0. 154600. CA INC COM 12673P105 1637462. 63393806. SH SOLE 47040480. 0.16353326. CALIFORNIA COASTAL CMNTYS IN COM NEW 129915203 8907. 525468. SH SOLE 338168. 0. 187300. CAPITAL LEASE FDG INC COM 140288101 51580. 4798100. SH SOLE 3231000. 0. 1567100. CENTEX CORP COM 152312104 755308. 18835600. SH SOLE 12907600. 0. 5928000. CITADEL BROADCASTING CORP COM 17285T106 34785. 5393000. SH SOLE 5041100. 0. 351900. COMERICA INC COM 200340107 444949. 7481900. SH SOLE 5958200. 0. 1523700. CON-WAY INC COM 205944101 217364. 4326516. SH SOLE 3784916. 0. 541600. CONSECO INC COM NEW 208464883 310482. 14862700. SH SOLE 11328300. 0. 3534400. DOW CHEM CO COM 260543103 3931. 88900. SH SOLE 43100. 0. 45800. DOW JONES & CO INC COM 260561105 81326. 1415600. SH SOLE 1323200. 0. 92400. EAGLE HOSPITALITY PPTY TR IN COM 26959T102 12672. 962900. SH SOLE 621700. 0. 341200. EASTMAN CHEM CO COM 277432100 787547. 12242300. SH SOLE 10845100. 0. 1397200. EDO CORP COM 281347104 1489. 45312. SH SOLE 45312. 0. 0. ELECTRONIC DATA SYS NEW COM 285661104 1420326. 51219850. SH SOLE 38567950. 0.12651900. EMBRAER-EMPRESA BRASILEIRA D SP ADR COM SHS 29081M102 155622. 3228000. SH SOLE 2197000. 0. 1031000. EMPLOYERS HOLDINGS INC COM 292218104 41682. 1962415. SH SOLE 1272915. 0. 689500. ENTERGY CORP NEW COM 29364G103 9221. 85900. SH SOLE 85900. 0. 0. EXELON CORP COM 30161N101 1232087. 16970900. SH SOLE 11756600. 0. 5214300. F M C CORP COM NEW 302491303 75669. 846500. SH SOLE 764000. 0. 82500. FPL GROUP INC COM 302571104 659900. 11630250. SH SOLE 8825450. 0. 2804800. FEDERAL HOME LN MTG CORP COM 313400301 716014. 11795950. SH SOLE 8140450. 0. 3655500. FIELDSTONE INVT CORP COM 31659U300 3745. 1028862. SH SOLE 400362. 0. 628500. FIRST DATA CORP COM 319963104 500472. 15319000. SH SOLE 10561500. 0. 4757500. FLOWSERVE CORP COM 34354P105 454259. 6344400. SH SOLE 4445900. 0. 1898500. FOOT LOCKER INC COM 344849104 117332. 5382200. SH SOLE 5025400. 0. 356800. FOUNDATION COAL HLDGS INC COM 35039W100 32561. 801200. SH SOLE 506500. 0. 294700. FURNITURE BRANDS INTL INC COM 360921100 48052. 3383911. SH SOLE 2683211. 0. 700700. GAP INC DEL COM 364760108 500155. 26186100. SH SOLE 18972500. 0. 7213600. GENWORTH FINL INC COM CL A 37247D106 932642. 27111700. SH SOLE 20118600. 0. 6993100. GREAT PLAINS ENERGY INC COM 391164100 22105. 759100. SH SOLE 503000. 0. 256100. GROUP 1 AUTOMOTIVE INC COM 398905109 15555. 385600. SH SOLE 244200. 0. 141400. HANOVER INS GROUP INC COM 410867105 350951. 7193090. SH SOLE 6088490. 0. 1104600. HARRAHS ENTMT INC COM 413619107 131496. 1542291. SH SOLE 1373152. 0. 169139. HARTFORD FINL SVCS GROUP INC COM 416515104 48526. 492600. SH SOLE 204100. 0. 288500. HOME DEPOT INC COM 437076102 797872. 20276300. SH SOLE 14031800. 0. 6244500. HUDSON HIGHLAND GROUP INC COM 443792106 45133. 2110000. SH SOLE 1328300. 0. 781700. IDEARC INC COM 451663108 576412. 16315100. SH SOLE 12881600. 0. 3433500. IKON OFFICE SOLUTIONS INC COM 451713101 236421. 15145500. SH SOLE 13053500. 0. 2092000. INTERPUBLIC GROUP COS INC COM 460690100 349550. 30662310. SH SOLE 21910910. 0. 8751400. ISHARES TR RUSL 2000 VALU 464287630 2759. 33500. SH SOLE 33500. 0. 0. JP MORGAN CHASE & CO COM 46625H100 861877. 17789000. SH SOLE 12315860. 0. 5473140. JONES APPAREL GROUP INC COM 480074103 436321. 15445000. SH SOLE 13785300. 0. 1659700. KMG AMER CORP COM 482563103 8666. 1650700. SH SOLE 1075500. 0. 575200. KELLY SVCS INC CL A 488152208 52317. 1905200. SH SOLE 1225400. 0. 679800. KEYCORP NEW COM 493267108 42878. 1249000. SH SOLE 548800. 0. 700200. KRAFT FOODS INC CL A 50075N104 68928. 1955400. SH SOLE 1455312. 0. 500088. LENNAR CORP CL A 526057104 758940. 20758760. SH SOLE 15577460. 0. 5181300. LENNAR CORP CL B 526057302 113965. 3241320. SH SOLE 3022660. 0. 218660. LEXINGTON REALTY TRUST COM 529043101 19001. 913500. SH SOLE 583000. 0. 330500. LILLY ELI & CO COM 532457108 725674. 12986300. SH SOLE 8835900. 0. 4150400. LIMITED BRANDS INC COM 532716107 70623. 2572800. SH SOLE 2404900. 0. 167900. LIVE NATION INC COM 538034109 17727. 792111. SH SOLE 512511. 0. 279600. LIZ CLAIBORNE INC COM 539320101 39161. 1049900. SH SOLE 981500. 0. 68400. LODGIAN INC COM PAR $.01 54021P403 52539. 3495609. SH SOLE 2453509. 0. 1042100. LUBRIZOL CORP COM 549271104 37587. 582300. SH SOLE 511500. 0. 70800. M D C HLDGS INC COM 552676108 91362. 1889208. SH SOLE 1263308. 0. 625900. MI DEVS INC CL A SUB VTG 55304X104 260604. 7151600. SH SOLE 5961300. 0. 1190300. MAGNA INTL INC CL A 559222401 407631. 4479950. SH SOLE 3399250. 0. 1080700. MCDONALDS CORP COM 580135101 1335. 26300. SH SOLE 26300. 0. 0. MERITAGE HOMES CORP COM 59001A102 6320. 236244. SH SOLE 154344. 0. 81900. METLIFE INC COM 59156R108 699694. 10851330. SH SOLE 7709830. 0. 3141500. MICROSOFT CORP COM 594918104 1047539. 35545950. SH SOLE 24579750. 0.10966200. MILLER INDS INC TENN COM NEW 600551204 37996. 1513798. SH SOLE 1039498. 0. 474300. NORTHROP GRUMMAN CORP COM 666807102 769986. 9888100. SH SOLE 6989500. 0. 2898600. NOVELL INC COM 670006105 116732. 14984800. SH SOLE 13137200. 0. 1847600. ORACLE CORP COM 68389X105 157114. 7971300. SH SOLE 3329400. 0. 4641900. OVERSEAS SHIPHOLDING GROUP I COM 690368105 17514. 215160. SH SOLE 130060. 0. 85100. PHH CORP COM NEW 693320202 84654. 2712400. SH SOLE 2135800. 0. 576600. PMA CAP CORP CL A 693419202 9651. 902800. SH SOLE 573400. 0. 329400. PATHMARK STORES INC NEW COM 70322A101 21314. 1644600. SH SOLE 1051300. 0. 593300. PETRO-CDA COM 71644E102 8628. 162300. SH SOLE 162300. 0. 0. PIONEER COS INC COM NEW 723643300 24825. 722300. SH SOLE 443400. 0. 278900. PORTLAND GEN ELEC CO COM NEW 736508847 83579. 3045900. SH SOLE 2669900. 0. 376000. PRUDENTIAL FINL INC COM 744320102 55217. 567900. SH SOLE 221000. 0. 346900. PULTE HOMES INC COM 745867101 394637. 17578500. SH SOLE 11730300. 0. 5848200. R H DONNELLEY CORP COM NEW 74955W307 365479. 4822896. SH SOLE 3161109. 0. 1661787. RENT A CTR INC NEW COM 76009N100 153960. 5869600. SH SOLE 5333500. 0. 536100. ROYAL DUTCH SHELL PLC SPON ADR B 780259107 602470. 7228200. SH SOLE 4995400. 0. 2232800. RUSS BERRIE & CO COM 782233100 8152. 437600. SH SOLE 293600. 0. 144000. SPX CORP COM 784635104 6208. 70700. SH SOLE 70700. 0. 0. SAFEWAY INC COM NEW 786514208 149980. 4407300. SH SOLE 2768900. 0. 1638400. ST JOE CO COM 790148100 328277. 7084100. SH SOLE 4880900. 0. 2203200. SCHERING PLOUGH CORP COM 806605101 50110. 1646200. SH SOLE 1646200. 0. 0. SPHERION CORP COM 848420105 23003. 2449700. SH SOLE 1598300. 0. 851400. SUNOCO INC COM 86764P109 453419. 5690500. SH SOLE 4431600. 0. 1258900. TENET HEALTHCARE CORP COM 88033G100 395340. 60728100. SH SOLE 46782200. 0.13945900. TOLL BROTHERS INC COM 889478103 86978. 3481900. SH SOLE 3251900. 0. 230000. TRAVELERS COMPANIES INC COM 89417E109 729557. 13636581. SH SOLE 9052163. 0. 4584418. TRONOX INC CL A 897051108 12791. 889500. SH SOLE 595000. 0. 294500. TRONOX INC COM CL B 897051207 15868. 1129400. SH SOLE 725100. 0. 404300. TYCO INTL LTD NEW COM 902124106 1259008. 37259790. SH SOLE 25864390. 0.11395400. UNILEVER PLC SPON ADR NEW 904767704 3716. 115179. SH SOLE 115179. 0. 0. UNIONBANCAL CORP COM 908906100 336013. 5628360. SH SOLE 4651460. 0. 976900. UNISYS CORP COM 909214108 70350. 7696900. SH SOLE 6645600. 0. 1051300. UNITED AMER INDEMNITY LTD CL A 90933T109 32389. 1302351. SH SOLE 839464. 0. 462887. UNUM GROUP COM 91529Y106 926645. 35490050. SH SOLE 27758950. 0. 7731100. VALASSIS COMMUNICATIONS INC COM 918866104 123699. 7196000. SH SOLE 5609300. 0. 1586700. WCI CMNTYS INC COM 92923C104 38384. 2301200. SH SOLE 1527700. 0. 773500. WAL MART STORES INC COM 931142103 882034. 18333700. SH SOLE 12947900. 0. 5385800. WARNACO GROUP INC COM NEW 934390402 79306. 2015900. SH SOLE 1306500. 0. 709400. WASHINGTON MUT INC COM 939322103 311174. 7297692. SH SOLE 4857446. 0. 2440246. WESTWOOD ONE INC COM 961815107 53340. 7418600. SH SOLE 4891400. 0. 2527200. WEYERHAEUSER CO COM 962166104 155812. 1974047. SH SOLE 1368047. 0. 606000. WINN DIXIE STORES INC COM NEW 974280307 16745. 571500. SH SOLE 329100. 0. 242400. WYNDHAM WORLDWIDE CORP COM 98310W108 240545. 6633903. SH SOLE 4468583. 0. 2165320. YUM BRANDS INC COM 988498101 386108. 11800360. SH SOLE 9029960. 0. 2770400. QUANTA CAPITAL HLDGS LTD SHS G7313F106 3061. 1275600. SH SOLE 814600. 0. 461000. XL CAP LTD CL A G98255105 631282. 7489400. SH SOLE 5741300. 0. 1748100.