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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)

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