13F-HR 1 hotchkiswiley1q2012.txt HOTCHKIS AND WILEY CAPITAL MANAGEMENT, LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2012 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, lists, 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 May 15, 2012 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: 163 Form 13F Information Table Value Total: $16,784,954 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AEROPOSTALE COM 007865108 16525 764328 SH SOLE 714728 0 49600 AIR T INC COM 009207101 411 42900 SH SOLE 42900 0 0 ALLIANT TECHSYSTEMS INC COM 018804104 52556 1048609 SH SOLE 595909 0 452700 ALLSTATE CORP COM 020002101 655139 19900949 SH SOLE 9879549 0 10021400 AMERICAN INTL GROUP INC *W EXP 01/19/202 026874156 1082 101800 SH SOLE 101800 0 0 AMERICAN INTL GROUP INC COM NEW 026874784 440540 14289343 SH SOLE 5986443 0 8302900 APACHE CORP COM 037411105 1537 15300 SH SOLE 0 0 15300 ARRIS GROUP INC COM 04269Q100 89864 7952563 SH SOLE 5745463 0 2207100 ARVINMERITOR INC FRNT 4.000% 2/1 043353AH4 5924 7063000 PRN SOLE 7063000 0 0 ASSOCIATED BANC CORP COM 045487105 12203 874142 SH SOLE 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