1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

HOTCHKIS & WILEY Buys Alcoa Inc., IDEARC INC, CON-WAY INC, Sells Alcan Inc., Public Service Enterprise Grou, Plum Creek Timber Co. Inc.

HOTCHKIS & WILEY team focuses on finding and owning undervalued companies that have a significant potential for appreciation. This is the update of their buys and sells of during the 4th quarter of 2006. HOTCHKIS & WILEY owns 131 stocks with a total value of $31.4 billion. They bought 10 new stocks including IAR, RUS, SUN, UIS, WINN, etc.

HOTCHKIS & WILEY buys Alcoa Inc., IDEARC INC, CON-WAY INC, Sunoco Inc., Unisys Corp., First Data Corp., WINN-DIXIE STORES, INC., EDDIE BAUER HLDGS, California Coastal Communities, Russ Berrie & Co. Inc., sells Alcan Inc., Public Service Enterprise Grou, Plum Creek Timber Co. Inc., Merck & Co. Inc., MasterCard Incorporated Class A Common Stock, Lincoln National Corp., Accredited Home Lenders Holdin, International Paper Co., Firstenergy Corp., Alpha Natural Resources Inc., Principal Financial Group Inc. during the 3-months ended 12/31/2006, according to the most recent filings of his investment company, HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC. HOTCHKIS & WILEY owns 131 stocks with a total value of $31.4 billion. These are the details of the buys and sells.

Added: Northrop Grumman Corp. (NOC)

HOTCHKIS & WILEY added to his holdings in Aerospace company Northrop Grumman Corp. by 709.56%. His purchase prices were between $64.41 and $69.15, with an estimated average price of $67.1. The impact to his portfolio due to this purchase was 1.97%. His holdings was 9,894,500 shares as of 12/31/2006. Northrop Grumman Corp. closed today at $75.01.

Added: REALOGY CORP (H)

HOTCHKIS & WILEY added to his holdings in Real Estate Holding & Development company REALOGY CORP by 199.44%. His purchase prices were between $22.88 and $30.95, with an estimated average price of $26.6. The impact to his portfolio due to this purchase was 1.3%. His holdings was 21,589,203 shares as of 12/31/2006. REALOGY CORP closed today at $29.8.

Added: Exelon Corp. (EXC)

HOTCHKIS & WILEY added to his holdings in Electricity company Exelon Corp. by 35.9%. His purchase prices were between $58.19 and $62.17, with an estimated average price of $60.4. The impact to his portfolio due to this purchase was 0.86%. His holdings was 17,045,700 shares as of 12/31/2006. Exelon Corp. closed today at $63.19.

Added: RH Donnelley Corp. (RHD)

HOTCHKIS & WILEY added to his holdings in Publishing company RH Donnelley Corp. by 172.4%. His purchase prices were between $51.67 and $62.88, with an estimated average price of $59.1. The impact to his portfolio due to this purchase was 0.68%. His holdings was 4,878,196 shares as of 12/31/2006. RH Donnelley Corp. closed today at $73.16.

Added: Comerica Inc. (CMA)

HOTCHKIS & WILEY added to his holdings in Banks company Comerica Inc. by 143.82%. His purchase prices were between $55.6 and $59.32, with an estimated average price of $58. The impact to his portfolio due to this purchase was 0.67%. His holdings was 6,000,800 shares as of 12/31/2006. Comerica Inc. closed today at $62.08.

Added: JP Morgan Chase & Co. (JPM)

HOTCHKIS & WILEY added to his holdings in Banks company JP Morgan Chase & Co. by 23.75%. His purchase prices were between $45.69 and $48.58, with an estimated average price of $47.1. The impact to his portfolio due to this purchase was 0.53%. His holdings was 17,823,300 shares as of 12/31/2006. JP Morgan Chase & Co. closed today at $51.25.

Added: Wal-Mart (WMT)

HOTCHKIS & WILEY added to his holdings in Broadline Retailers company Wal-Mart by 59.98%. His purchase prices were between $45.54 and $50.54, with an estimated average price of $47.3. The impact to his portfolio due to this purchase was 0.43%. His holdings was 7,785,900 shares as of 12/31/2006. Wal-Mart closed today at $48.48.

Added: UnionBanCal Corp. (UB)

HOTCHKIS & WILEY added to his holdings in Banks company UnionBanCal Corp. by 41.46%. His purchase prices were between $56.2 and $61.88, with an estimated average price of $58.7. The impact to his portfolio due to this purchase was 0.31%. His holdings was 5,384,880 shares as of 12/31/2006. UnionBanCal Corp. closed today at $64.67.

Added: Conseco Inc. (CNO)

HOTCHKIS & WILEY added to his holdings in Life Insurance company Conseco Inc. by 45.07%. His purchase prices were between $19.71 and $20.76, with an estimated average price of $20.2. The impact to his portfolio due to this purchase was 0.28%. His holdings was 14,696,400 shares as of 12/31/2006. Conseco Inc. closed today at $20.23.

Added: Novell Inc. (NOVL)

HOTCHKIS & WILEY added to his holdings in Software company Novell Inc. by 37.34%. His purchase prices were between $5.91 and $6.66, with an estimated average price of $6.2. The impact to his portfolio due to this purchase was 0.09%. His holdings was 15,144,500 shares as of 12/31/2006. Novell Inc. closed today at $7.

Added: Rent-A-Center Inc. (RCII)

HOTCHKIS & WILEY added to his holdings in Specialized Consumer Services company Rent-A-Center Inc. by 28.68%. His purchase prices were between $27.11 and $29.98, with an estimated average price of $28.7. The impact to his portfolio due to this purchase was 0.09%. His holdings was 4,563,300 shares as of 12/31/2006. Rent-A-Center Inc. closed today at $30.6.

Added: Alexander & Baldwin Inc. (ALEX)

HOTCHKIS & WILEY added to his holdings in Marine Transportation company Alexander & Baldwin Inc. by 26.27%. His purchase prices were between $43.81 and $46.58, with an estimated average price of $44.5. The impact to his portfolio due to this purchase was 0.07%. His holdings was 2,156,900 shares as of 12/31/2006. Alexander & Baldwin Inc. closed today at $50.28.

Added: MDC Holdings Inc. (MDC)

HOTCHKIS & WILEY added to his holdings in Home Construction company MDC Holdings Inc. by 51.26%. His purchase prices were between $47.73 and $56.64, with an estimated average price of $52.6. The impact to his portfolio due to this purchase was 0.05%. His holdings was 909,043 shares as of 12/31/2006. MDC Holdings Inc. closed today at $56.03.

Added: Spherion Corp. (SFN)

HOTCHKIS & WILEY added to his holdings in Business Support Services company Spherion Corp. by 46.52%. His purchase prices were between $6.91 and $7.57, with an estimated average price of $7.3. The impact to his portfolio due to this purchase was 0.03%. His holdings was 3,607,200 shares as of 12/31/2006. Spherion Corp. closed today at $8.71.

Added: Dow Chemical Co. (DOW)

HOTCHKIS & WILEY added to his holdings in Commodity Chemicals company Dow Chemical Co. by 53.02%. His purchase prices were between $38.57 and $40.8, with an estimated average price of $39.8. The impact to his portfolio due to this purchase was 0.01%. His holdings was 139,400 shares as of 12/31/2006. Dow Chemical Co. closed today at $43.44.

Added: ECC Capital Corp. (ECR)

HOTCHKIS & WILEY added to his holdings in Real Estate Investment Trusts company ECC Capital Corp. by 21.22%. His purchase prices were between $0.77 and $1.06, with an estimated average price of $1. The impact to his portfolio due to this purchase was less than 0.01%. His holdings was 21,348 shares as of 12/31/2006. ECC Capital Corp. closed today at $0.93.

Added: Quanta Capital Holdings Ltd. (QNTA)

HOTCHKIS & WILEY added to his holdings in Property & Casualty Insurance company Quanta Capital Holdings Ltd. by 62.15%. His purchase prices were between $1.7 and $2.43, with an estimated average price of $2.1. The impact to his portfolio due to this purchase was less than 0.01%. His holdings was 1,275,600 shares as of 12/31/2006. Quanta Capital Holdings Ltd. closed today at $2.11.

New Purchase: Alcoa Inc. (AA)

HOTCHKIS & WILEY initiated holdings in Aluminum company Alcoa Inc.. His purchase prices were between $26.32 and $30.89, with an estimated average price of $28.9. The impact to his portfolio due to this purchase was 2.64%. His holdings was 25,033,154 shares as of 12/31/2006. Alcoa Inc. closed today at $34.78.

New Purchase: IDEARC INC (IAR)

HOTCHKIS & WILEY initiated holdings in Publishing company IDEARC INC. His purchase prices were between $27.11 and $29.09, with an estimated average price of $27.9. The impact to his portfolio due to this purchase was 0.9%. His holdings was 8,456,200 shares as of 12/31/2006. IDEARC INC closed today at $35.24.

New Purchase: CON-WAY INC (CNW)

HOTCHKIS & WILEY initiated holdings in others company CON-WAY INC. His purchase prices were between $42.85 and $48.56, with an estimated average price of $45.8. The impact to his portfolio due to this purchase was 0.58%. His holdings was 3,712,872 shares as of 12/31/2006. CON-WAY INC closed today at $51.84.

New Purchase: Sunoco Inc. (SUN)

HOTCHKIS & WILEY initiated holdings in Exploration & Production company Sunoco Inc.. His purchase prices were between $61.68 and $68.7, with an estimated average price of $65.1. The impact to his portfolio due to this purchase was 0.43%. His holdings was 2,318,400 shares as of 12/31/2006. Sunoco Inc. closed today at $61.78.

New Purchase: Unisys Corp. (UIS)

HOTCHKIS & WILEY initiated holdings in Computer Services company Unisys Corp.. His purchase prices were between $5.83 and $7.75, with an estimated average price of $6.9. The impact to his portfolio due to this purchase was 0.32%. His holdings was 11,269,400 shares as of 12/31/2006. Unisys Corp. closed today at $9.28.

New Purchase: First Data Corp. (FDC)

HOTCHKIS & WILEY initiated holdings in Business Support Services company First Data Corp.. His purchase prices were between $22.45 and $25.43, with an estimated average price of $24.3. The impact to his portfolio due to this purchase was 0.29%. His holdings was 3,729,200 shares as of 12/31/2006. First Data Corp. closed today at $25.56.

New Purchase: WINN-DIXIE STORES, INC. (WINN)

HOTCHKIS & WILEY initiated holdings in others company WINN-DIXIE STORES, INC.. His purchase prices were between $10.96 and $15.54, with an estimated average price of $13.9. The impact to his portfolio due to this purchase was 0.03%. His holdings was 502,800 shares as of 12/31/2006. WINN-DIXIE STORES, INC. closed today at $17.63.

New Purchase: EDDIE BAUER HLDGS (EBHI)

HOTCHKIS & WILEY initiated holdings in Apparel Retailers company EDDIE BAUER HLDGS. His purchase prices were between $7.5 and $10.6, with an estimated average price of $8.9. The impact to his portfolio due to this purchase was 0.02%. His holdings was 591,800 shares as of 12/31/2006. EDDIE BAUER HLDGS closed today at $9.06.

New Purchase: California Coastal Communities (CALC)

HOTCHKIS & WILEY initiated holdings in Real Estate Holding & Development company California Coastal Communities. His purchase prices were between $18.03 and $21.59, with an estimated average price of $19.6. The impact to his portfolio due to this purchase was 0.02%. His holdings was 304,376 shares as of 12/31/2006. California Coastal Communities closed today at $20.13.

New Purchase: Russ Berrie & Co. Inc. (RUS)

HOTCHKIS & WILEY initiated holdings in Toys company Russ Berrie & Co. Inc.. His purchase prices were between $14.88 and $16.44, with an estimated average price of $15.7. The impact to his portfolio due to this purchase was less than 0.01%. His holdings was 50,300 shares as of 12/31/2006. Russ Berrie & Co. Inc. closed today at $14.84.

Reduced: FPL Group Inc. (FPL)

HOTCHKIS & WILEY reduced to his holdings in Electricity company FPL Group Inc. by 28.16%. His sale prices were between $45.99 and $54.94, with an estimated average price of $51.4. The impact to his portfolio due to this sale was 2.25%. His still held 16,020,850 shares as of 12/31/2006. FPL Group Inc. closed today at $59.24.

Reduced: BMC Software Inc. (BMC)

HOTCHKIS & WILEY reduced to his holdings in Software company BMC Software Inc. by 36.92%. His sale prices were between $27.21 and $33.18, with an estimated average price of $31.3. The impact to his portfolio due to this sale was 1.1%. His still held 15,695,392 shares as of 12/31/2006. BMC Software Inc. closed today at $31.76.

Reduced: Harrah's Entertainment Inc. (HET)

HOTCHKIS & WILEY reduced to his holdings in Gambling company Harrah's Entertainment Inc. by 34.9%. His sale prices were between $73.15 and $82.41, with an estimated average price of $76.8. The impact to his portfolio due to this sale was 1.08%. His still held 5,632,770 shares as of 12/31/2006. Harrah's Entertainment Inc. closed today at $85.33.

Reduced: Lockheed Martin Corp. (LMT)

HOTCHKIS & WILEY reduced to his holdings in Aerospace company Lockheed Martin Corp. by 58.41%. His sale prices were between $84.28 and $92.31, with an estimated average price of $88.6. The impact to his portfolio due to this sale was 0.67%. His still held 3,417,100 shares as of 12/31/2006. Lockheed Martin Corp. closed today at $101.95.

Reduced: Assurant Inc. (AIZ)

HOTCHKIS & WILEY reduced to his holdings in Full Line Insurance company Assurant Inc. by 28.74%. His sale prices were between $52.91 and $56.05, with an estimated average price of $54.7. The impact to his portfolio due to this sale was 0.3%. His still held 2,352,200 shares as of 12/31/2006. Assurant Inc. closed today at $54.58.

Reduced: Mosaic Co. (MOS)

HOTCHKIS & WILEY reduced to his holdings in Specialty Chemicals company Mosaic Co. by 66.27%. His sale prices were between $16.72 and $22.28, with an estimated average price of $20. The impact to his portfolio due to this sale was 0.29%. His still held 6,306,700 shares as of 12/31/2006. Mosaic Co. closed today at $25.23.

Reduced: Prudential Financial Inc. (PRU)

HOTCHKIS & WILEY reduced to his holdings in Life Insurance company Prudential Financial Inc. by 27.52%. His sale prices were between $76.35 and $86.24, with an estimated average price of $80.6. The impact to his portfolio due to this sale was 0.13%. His still held 590,600 shares as of 12/31/2006. Prudential Financial Inc. closed today at $92.51.

Reduced: KeyCorp (KEY)

HOTCHKIS & WILEY reduced to his holdings in Banks company KeyCorp by 81.09%. His sale prices were between $35.93 and $38.34, with an estimated average price of $36.9. The impact to his portfolio due to this sale was 0.08%. His still held 1,266,600 shares as of 12/31/2006. KeyCorp closed today at $39.5.

Reduced: Pioneer Companies Inc. (PONR)

HOTCHKIS & WILEY reduced to his holdings in Specialty Chemicals company Pioneer Companies Inc. by 20.19%. His sale prices were between $24.64 and $29.95, with an estimated average price of $27.5. The impact to his portfolio due to this sale was 0.07%. His still held 822,300 shares as of 12/31/2006. Pioneer Companies Inc. closed today at $30.37.

Reduced: Entergy Corp. (ETR)

HOTCHKIS & WILEY reduced to his holdings in Electricity company Entergy Corp. by 51.33%. His sale prices were between $79.68 and $92.29, with an estimated average price of $87.2. The impact to his portfolio due to this sale was 0.05%. His still held 249,300 shares as of 12/31/2006. Entergy Corp. closed today at $99.66.

Reduced: CF Industries Holdings Inc. (CF)

HOTCHKIS & WILEY reduced to his holdings in Specialty Chemicals company CF Industries Holdings Inc. by 80.56%. His sale prices were between $18.17 and $25.96, with an estimated average price of $21.7. The impact to his portfolio due to this sale was 0.04%. His still held 661,700 shares as of 12/31/2006. CF Industries Holdings Inc. closed today at $34.35.

Reduced: Government Properties Trust In (GPT)

HOTCHKIS & WILEY reduced to his holdings in Real Estate Holding & Development company Government Properties Trust In by 23.01%. His sale prices were between $9.15 and $10.63, with an estimated average price of $10.2. The impact to his portfolio due to this sale was 0.04%. His still held 1,506,660 shares as of 12/31/2006. Government Properties Trust In closed today at $10.64.

Reduced: Kraft Foods Inc. (KFT)

HOTCHKIS & WILEY reduced to his holdings in Food Products company Kraft Foods Inc. by 56.43%. His sale prices were between $33.72 and $35.73, with an estimated average price of $35. The impact to his portfolio due to this sale was 0.03%. His still held 419,200 shares as of 12/31/2006. Kraft Foods Inc. closed today at $34.95.

Reduced: Bowne & Co. Inc. (BNE)

HOTCHKIS & WILEY reduced to his holdings in Business Support Services company Bowne & Co. Inc. by 54.24%. His sale prices were between $14.85 and $16.15, with an estimated average price of $15.5. The impact to his portfolio due to this sale was 0.03%. His still held 964,800 shares as of 12/31/2006. Bowne & Co. Inc. closed today at $15.77.

Reduced: Sara Lee Corp. (SLE)

HOTCHKIS & WILEY reduced to his holdings in Food Products company Sara Lee Corp. by 94.63%. His sale prices were between $16.22 and $17.05, with an estimated average price of $16.6. The impact to his portfolio due to this sale was 0.02%. His still held 645,200 shares as of 12/31/2006. Sara Lee Corp. closed today at $17.37.

Reduced: Raytheon Co. (RTN)

HOTCHKIS & WILEY reduced to his holdings in Aerospace company Raytheon Co. by 96.34%. His sale prices were between $48.68 and $53.21, with an estimated average price of $50.7. The impact to his portfolio due to this sale was 0.02%. His still held 256,900 shares as of 12/31/2006. Raytheon Co. closed today at $55.05.

Reduced: Fieldstone Investment Corp. (FICC)

HOTCHKIS & WILEY reduced to his holdings in Real Estate Holding & Development company Fieldstone Investment Corp. by 37.44%. His sale prices were between $4.48 and $8.75, with an estimated average price of $6.4. The impact to his portfolio due to this sale was 0.02%. His still held 1,899,185 shares as of 12/31/2006. Fieldstone Investment Corp. closed today at $4.98.

Reduced: Apartment Investment & Managem (AIV)

HOTCHKIS & WILEY reduced to his holdings in Real Estate Holding & Development company Apartment Investment & Managem by 31.37%. His sale prices were between $52.42 and $56.64, with an estimated average price of $55.2. The impact to his portfolio due to this sale was 0.02%. His still held 169,800 shares as of 12/31/2006. Apartment Investment & Managem closed today at $61.6.

Reduced: Magna Entertainment Corp. (MECA)

HOTCHKIS & WILEY reduced to his holdings in Recreational Products company Magna Entertainment Corp. by 55.79%. His sale prices were between $4.34 and $5.4, with an estimated average price of $4.8. The impact to his portfolio due to this sale was 0.01%. His still held 1,914,100 shares as of 12/31/2006. Magna Entertainment Corp. closed today at $4.17.

Reduced: Alltel Corp. (AT)

HOTCHKIS & WILEY reduced to his holdings in Mobile Telecom company Alltel Corp. by 90.91%. His sale prices were between $53.87 and $58.31, with an estimated average price of $56.9. The impact to his portfolio due to this sale was 0.01%. His still held 54,800 shares as of 12/31/2006. Alltel Corp. closed today at $60.43.

Reduced: CSX Corp. (CSX)

HOTCHKIS & WILEY reduced to his holdings in Railroads company CSX Corp. by 76.29%. His sale prices were between $33.62 and $36.77, with an estimated average price of $35.6. The impact to his portfolio due to this sale was 0.01%. His still held 157,000 shares as of 12/31/2006. CSX Corp. closed today at $40.67.

Sold Out: Principal Financial Group Inc. (PFG)

HOTCHKIS & WILEY sold out his holdings in Specialty Finance company Principal Financial Group Inc.. His sale prices were between $53.69 and $59.07, with an estimated average price of $56.8. The impact to his portfolio due to this sale was less than 0.01%. Principal Financial Group Inc. closed today at $63.48.

Sold Out: Alpha Natural Resources Inc. (ANR)

HOTCHKIS & WILEY sold out his holdings in Coal company Alpha Natural Resources Inc.. His sale prices were between $14.25 and $16.76, with an estimated average price of $15.4. The impact to his portfolio due to this sale was less than 0.01%. Alpha Natural Resources Inc. closed today at $14.22.

Sold Out: Public Service Enterprise Grou (PEG)

HOTCHKIS & WILEY sold out his holdings in Electricity company Public Service Enterprise Grou. His sale prices were between $59.18 and $67.3, with an estimated average price of $63.6. The impact to his portfolio due to this sale was less than 0.01%. Public Service Enterprise Grou closed today at $73.69.

Sold Out: Alcan Inc. (AL)

HOTCHKIS & WILEY sold out his holdings in Aluminum company Alcan Inc.. His sale prices were between $39.24 and $51.11, with an estimated average price of $46.4. The impact to his portfolio due to this sale was less than 0.01%. Alcan Inc. closed today at $54.76.

Sold Out: Firstenergy Corp. (FE)

HOTCHKIS & WILEY sold out his holdings in Electricity company Firstenergy Corp.. His sale prices were between $56.22 and $60.35, with an estimated average price of $58.7. The impact to his portfolio due to this sale was less than 0.01%. Firstenergy Corp. closed today at $63.07.

Sold Out: International Paper Co. (IP)

HOTCHKIS & WILEY sold out his holdings in Paper company International Paper Co.. His sale prices were between $31.47 and $35.09, with an estimated average price of $33.4. The impact to his portfolio due to this sale was less than 0.01%. International Paper Co. closed today at $37.78.

Sold Out: Accredited Home Lenders Holdin (LEND)

HOTCHKIS & WILEY sold out his holdings in Mortgage Finance company Accredited Home Lenders Holdin. His sale prices were between $27.35 and $36.53, with an estimated average price of $30.3. The impact to his portfolio due to this sale was less than 0.01%. Accredited Home Lenders Holdin closed today at $25.74.

Sold Out: Lincoln National Corp. (LNC)

HOTCHKIS & WILEY sold out his holdings in Life Insurance company Lincoln National Corp.. His sale prices were between $62.67 and $66.06, with an estimated average price of $63.9. The impact to his portfolio due to this sale was less than 0.01%. Lincoln National Corp. closed today at $70.79.

Sold Out: MasterCard Incorporated Class A Common Stock (MA)

HOTCHKIS & WILEY sold out his holdings in Consumer Finance company MasterCard Incorporated Class A Common Stock. His sale prices were between $70.03 and $105.39, with an estimated average price of $89.2. The impact to his portfolio due to this sale was less than 0.01%. MasterCard Incorporated Class A Common Stock closed today at $108.32.

Sold Out: Merck & Co. Inc. (MRK)

HOTCHKIS & WILEY sold out his holdings in Pharmaceuticals company Merck & Co. Inc.. His sale prices were between $41.51 and $45.7, with an estimated average price of $43.9. The impact to his portfolio due to this sale was less than 0.01%. Merck & Co. Inc. closed today at $44.28.

Sold Out: Plum Creek Timber Co. Inc. (PCL)

HOTCHKIS & WILEY sold out his holdings in Real Estate Holding & Development company Plum Creek Timber Co. Inc.. His sale prices were between $33.82 and $39.34, with an estimated average price of $35.9. The impact to his portfolio due to this sale was less than 0.01%. Plum Creek Timber Co. Inc. closed today at $40.68.

Rating: 2.5/5 (23 votes)

Comments

Please leave your comment:


Select portfolio(s):

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK