13F-HR 1 hwcm2q2011.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: June 30, 2011 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 July 20, 2011 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: 153 Form 13F Information Table Value Total: $17,103,214 (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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 99 CENTS ONLY STORES COM 65440K106 3649 180300 SH SOLE 61100 0 119200 AEROPOSTALE COM 007865108 10019 572521 SH SOLE 527400 0 45121 AIR T INC COM 009207101 385 42900 SH SOLE 42900 0 0 ALLIANT TECHSYSTEMS INC COM 018804104 63462 889700 SH SOLE 441200 0 448500 ALLSTATE CORP COM 020002101 488502 16000705 SH SOLE 7613905 0 8386800 AMERICAN INTL GROUP INC COM NEW 026874784 117049 3992121 SH SOLE 562521 0 3429600 ARRIS GROUP INC COM 04269Q100 96412 8304218 SH SOLE 6150000 0 2154218 ARVINMERITOR INC FRNT 4.000% 2/1 043353AH4 4493 4680000 PRN SOLE 4680000 0 0 ASSOCIATED BANC CORP COM 045487105 12699 913574 SH SOLE 239800 0 673774 BANK OF AMERICA CORPORATION COM 060505104 436147 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824582 SH SOLE 252500 0 572082 WELLS FARGO & CO NEW COM 949746101 564448 20115767 SH SOLE 8711181 0 11404586 WESTAR ENERGY INC COM 95709T100 14526 539800 SH SOLE 157800 0 382000 XL GROUP PLC SHS G98290102 238939 10870767 SH SOLE 5780467 0 5090300