HOTCHKIS & WILEY

HOTCHKIS & WILEY

Last Update: 04-08-2016

Number of Stocks: 182
Number of New Stocks: 8

Total Value: $24,616 Mil
Q/Q Turnover: 8%

Countries: USA CAN
Details: Top Buys | Top Sales | Top Holdings  Embed:

HOTCHKIS & WILEY Watch

  • Hotchkis & Wiley Sells Out of Comstock Resources

    Hotchkis & Wiley sold its 4,669,830-share stake in Comstock Resources Inc. (NYSE:CRK) on March 31.


    Comstock Resources is based in Frisco, Texas, and is engaged in the acquisition, development, production and exploration of oil and natural gas with operations concentrated in Texas, Louisiana and Mississippi. The company's proven oil and natural gas reserve base is 91% natural gas and 9% oil and was 59% developed as of Dec. 31, 2015.

      


  • Hotchkis & Wiley Sells Stake in Most Heavily Weighted Sector

    Financial Services is the most heavily weighted sector in HOTCHKIS & WILEY’s portfolio, and the guru’s most noteworthy fourth-quarter transaction was in that sector, but it was a divestiture, not an acquisition.


    HOTCHKIS & WILEY sold its 2,466,713-share stake in Chubb Ltd. (NYSE:CB), an insurance and finance company based in Zurich, for an average price of $118.27 per share. The divestiture had a -1.21% impact on the guru’s portfolio.

      


  • Stocks Bring High Dividend Yields to HOTCHKIS & WILEY

    HOTCHKIS & WILEY has focused exclusively on finding and owning undervalued companies that have a significant potential for appreciation. Following are the stocks that have high dividend yields in that portfolio.


    Denbury Resources Inc. (DNR)

      


  • Hotchkis & Wiley Invests in International Paper, Packaging Corp. of America and Eaton

    Hotchkis & Wiley Capital Management LLC made a dozen new buys in the third quarter.


    Hotchkis & Wiley was founded in 1980 by John Hotchkis and George Wiley. They shared the belief that discipline and independent analysis are the keys to finding undervalued securities that have the potential for appreciation. For more than 35 years, Hotchkis & Wiley has been managing value portfolios for institutional and individual investors. Following are the stocks that got new positions in the portfolio during the third quarter.

      


  • Tom Gayner Buys Harley-Davidson and JPMorgan in 3rd Quarter

    Tom Gayner (Trades, Portfolio) is the executive vice president and chief investment officer of Markel Corp. (NYSE:MKL) and president of Markel Gayner Asset Management Inc. He thinks stock is part of a business, and the business is worth what the present value of the future cash flows are.


    His portfolio is composed of 122 stocks, and the following are the most heavily weighted trades during the third quarter.

      


  • Hotchkis & Wiley Sells Stake in UnitedHealth Group

    Hotchkis & Wiley was founded in 1980 and is based in Los Angeles. The firm follows a value strategy, focusing on important investment parameters such as a company's tangible assets, sustainable cash flow and potential for improving business performance.


    Hotchkis & Wiley sold the following stocks in the third quarter and had good gains of 83%, 62% and 52% from UnitedHealth Group, Lowe's Companies and Symetra Financial Corp.

      


  • HOTCHKIS & WILEY Buys More Than 7 Million Shares in Oil and Gas Company

    Since its founding in 1980, HOTCHKIS & WILEY has emphasized finding and owning undervalued companies with significant potential for appreciation. Its approach has regularly produced double-digit returns for its clients in recent years.


    HOTCHKIS & WILEY’s most noteworthy third-quarter transaction was its purchase of a 7,683,558-share stake in Hess Corp. (NYSE:HES), a New York-based oil and gas company, for an average price of $57.23 per share. The deal had a 1.54% impact on HOTCHKIS & WILEY’s portfolio.

      


  • 3 Investment Opportunities Both Insiders and Gurus Are Buying

    As I consider myself something of a cratedigger of a value investor, GuruFocus is a valuable source of information. I’m always looking for new ideas and one cool screen GuruFocus has is the Double Buy screen. It allows you to see which stocks have been bought by both gurus and insiders. Separately that is data I am already interested in but screening for both at the same time is beyond good. These are currently the top three stocks that come up on the screen:


    gurufocus.jpg

      


  • Insiders' Trades of the Week: Citizens Financial

    The All-In-One Screener can be used to find insider buys and sales over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying/All Insider Selling to “$1,000,000+” and duration to "November 2015."


    According to the above filters, the following are the recent buys from company insiders in the past week.

      


  • A Look at Recent Insider Trades

    The All-In-One Screener can be used to find insider buys and sales over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying/All Insider Selling to “$1,000,000+” and duration to "October 2015."


    According to the above filters, the following are the recent buys from company insiders in the past week.

      


  • Hotchkis & Wiley Diversified Value Fund Q3 Commentary

    The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Investment return and principal value of the fund will fluctuate, and shares may be worth more or less than their original cost when redeemed. Click quarter-end or month-end to obtain the most recent fund performance.


    Manager Commentary

      


  • HOTCHKIS & WILEY Sells Stake in Time Warner Cable

    HOTCHKIS & WILEY looks for undervalued companies with loads of potential in which to invest. “Our ability to deliver long-term performance is the key to our success,” the firm’s website proclaims. That success seems indisputable. The large cap value fund produced returns of nearly 40% year before last.


    HOTCHKIS & WILEY’s most noteworthy deal of the second quarter was its sale of a 2,918,984-share stake in Time Warner Cable Inc. (NYSE:TWC), a New York City-based cable telecommunications company. HOTCHKIS & WILEY received an average price of $165.41 per share in a transaction that had a -1.52% impact on HOTCHKIS & WILEY’s portfolio.

      


  • Madison Street Partners Buys Citigroup and Morgan Stanley

    Madison Street Partners LLC is a hedge fund based in Colorado founded by Steven Owsley in 2004. Its portfolio reported a total value of its portfolio of $74 million, with a decrease of 24% since the previous quarter. During 2015, Q2, it bought 20 new stocks and increased four of its existing stakes. The following are the most heavily weighted buys during the quarter.



      


  • Weekly CEO Buys Highlight: Shutterstock, Endurance Specialty Holdings, Opko, Air Products, KapStone

    According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below:


    Shutterstock Inc.: CEO and 10% owner Jonathan Oringer bought 200,000 shares

      


  • Kahn Brothers' Most Weighted Trades in Q2 2015

    Irving Kahn, along with brothers Alan and Thomas, founded Kahn Brothers (Trades, Portfolio) & Company, Inc., in 1978. The firm is a money manager and Registered Investment Advisor. Its principals manage approximately $1 billion of institutional and private funds.


    Its portfolio is composed of 40 stocks and has a total value of $593 million and the following are the most heavily weighted trades the hedge fund closed during the Q2 2015.

      


  • 5-year lows: Rowan Companies, Linn Energy LLC, Greif Inc, and Hatteras Financial Corp

    According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: Rowan Companies, Linn Energy LLC, Greif Inc, and Hatteras Financial Corp.


    Rowan Companies PLC (NYSE:RDC) Reached $16.79

      


  • Hotchkis & Wiley Large Cap Diversified Value Q2 2015 Commentary

    The S&P 500 Index returned a modest +0.3% during the second quarter of 2015 and is now up +1.2% since the beginning of the year. Growth and value performed similarly during the quarter but value stocks have lagged considerably over the past 12 months. Typically, such environments present a headwind for our value-focused strategy but we have managed to navigate the past twelve months satisfactorily considering the circumstances. Naturally, however, we would welcome a value tailwind which our experience has taught us should inevitably emerge in due course.


    Hotchkis & Wiley Large Cap Diversified Value

      


  • Hotchkis & Wiley Large Cap Diversified Value Q2 Market Commentary

    The S&P 500 Index returned a modest +0.3% during the second quarter of 2015 and is now up +1.2% since the beginning of the year. Growth and value performed similarly during the quarter but value stocks have lagged considerably over the past 12 months. Typically, such environments present a headwind for our value-focused strategy but we have managed to navigate the past twelve months satisfactorily considering the circumstances. Naturally, however, we would welcome a value tailwind which our experience has taught us should inevitably emerge in due course.


    The economic perils in Greece have reemerged as an important concern that is giving investors pause. The good news is that Greece is small, representing about 2% of the total economic output of all countries that use the euro as their currency. The primary risk for equity investors is that a Greek exit from the Eurozone sets a new precedent, and investors may ponder the possibility that a larger European economy (e.g. Italy, Spain) may share a similar fate if/when stressed, which could trigger economic turmoil throughout the region. Thus far, the market appears to perceive the Greece situation as largely quarantined—government bond spreads for other European periphery countries have remained relatively tight versus the German Bund. Nonetheless, we are monitoring the situation closely and have evaluated in detail each of our positions’ exposure to changes in the value of the dollar; we remain confident that we are not bearing unnecessary risk.

      


  • Five Stocks With Low P/E Gurus Are Buying (Part II)

    With these articles, thanks to the All-In-One screener of GuruFocusI give a selection of stocks that are trading with a very low P/E(ttm) ratio and that are catching the attention of multiple Gurus.


    Discover Financial Services (DFS)

      


  • Hotchkis & Wiley Adds to Banking, Insurance Stakes

    In its 35-year existence, value investor HOTCHKIS & WILEY has built its reputation on identifying undervalued companies that have great growth potential. But in the first quarter, most of its emphasis was on well-established companies, especially those in banking and insurance.


    HOTCHKIS & WILEY‘s most significant new buy in the first quarter was its investment in 2,604,383 shares of Chubb Corp (NYSE:CB), a New Jersey-based property and casualty insurer. HOTCHKIS & WILEY paid an average price of $101.24 per share in a deal that had a 0.92% impact on the portfolio.

      


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