NPORT-P false 0001145022 XXXXXXXX S000083057 C000246565 HOTCHKIS & WILEY FUNDS/DE/ 811-10487 0001145022 549300DFU8YF1PWZ5A57 601 South Figueroa Street 39th Floor Los Angeles 90017-5704 213-430-1000 HW Opportunities MP Fund S000083057 529900I5HJC1I3FDZT92 2026-06-30 2026-06-30 N 81669845.290000000000 54543.080000000000 81615302.210000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 25634.540000000000 N N/A N/A Citigroup Inc 6SHGI4ZSSLCXXQSBB395 172967424 6500.000000000000 NS USD 909740.000000000000 1.1146684205 Long EC CORP US N 1 N N N SAP SE 529900D6BF99LW9R2E68 803054204 13000.000000000000 NS USD 2003430.000000000000 2.4547234964 Long EC CORP DE N 1 N N N WPP PLC 549300LSGBXPYHXGDT93 92937A102 50640.000000000000 NS USD 784413.600000000000 0.9611109421 Long EC CORP GB N 1 N N N Comcast Corp 51M0QTTNCGUN7KFCFZ59 20030N101 5900.000000000000 NS USD 144845.000000000000 0.1774728465 Long EC CORP US N 1 N N N Henkel AG & Co KGaA 549300VZCL1HTH4O4Y49 N/A 32600.000000000000 NS 2579900.980000000000 3.1610505752 Long EC CORP DE N 2 N N N Fluor Corp CQ7WZ4NOFWT7FAE6Q943 343412102 21800.000000000000 NS USD 1142102.000000000000 1.3993723837 Long EC CORP US N 1 N N N N/A N/A N/A 1070.000000000000 NC USD 361660.000000000000 0.4431276859 N/A DE US N 1 NYSEAmerican 5493000F4ZO33MV32P92 Put Purchased United Parcel Service Inc United Parcel Service Inc 100.000000000000 90.000000000000 USD 2027-01-15 XXXX -930096.390000000000 N N N American International Group I ODVCVCQG2BP6VHV36M30 026874784 18400.000000000000 NS USD 1371352.000000000000 1.6802633365 Long EC CORP US N 1 N N N APA Corp 549300VCIWLRHYVSHC79 03743Q108 38600.000000000000 NS USD 1257202.000000000000 1.5403998588 Long EC CORP US N 1 N N N California Resources Corp 5493003Q8F0T4F4YMR48 13057Q305 64400.000000000000 NS USD 3404828.000000000000 4.1718010077 Long EC CORP US N 1 N N N First American Government Obli 549300R5MYM6VZF1RM44 31846V336 4784301.800000000000 NS USD 4784301.800000000000 5.8620156643 Long STIV RF US N 1 N N N Global Indemnity Group LLC 549300KNR55WEKSPTK65 37959R103 18154.000000000000 NS USD 453850.000000000000 0.5560844446 Long EC CORP US N 1 N N N Heineken NV 724500K5PTPSST86UQ23 423012301 22800.000000000000 NS USD 956916.000000000000 1.1724713063 Long EC CORP NL N 1 N N N Universal Health Services Inc 549300YGMGQDO0NMJD09 913903100 3800.000000000000 NS USD 565022.000000000000 0.6922990967 Long EC CORP US N 1 N N N CNH Industrial NV 549300WGC2HZ5J67V817 N/A 62500.000000000000 NS USD 701875.000000000000 0.8599796619 Long EC CORP GB N 1 N N N U-Haul Holding Co 5493003WIDMLDHYC6Y24 023586506 7250.000000000000 NS USD 418325.000000000000 0.5125570679 Long EC CORP US N 1 N N N Bank of New York Mellon Corp/T WFLLPEPC7FZXENRZV188 064058100 2500.000000000000 NS USD 361525.000000000000 0.4429622757 Long EC CORP US N 1 N N N Microsoft Corp INR2EJN1ERAN0W5ZP974 594918104 4060.000000000000 NS USD 1514461.200000000000 1.8556093759 Long EC CORP US N 1 N N N Omnicom Group Inc HKUPACFHSSASQK8HLS17 681919106 13600.000000000000 NS USD 990488.000000000000 1.2136057494 Long EC CORP US N 1 N N N Shell PLC 21380068P1DRHMJ8KU70 780259305 7200.000000000000 NS USD 558288.000000000000 0.6840481930 Long EC CORP GB N 1 N N N SLM Corp N/A 78442P106 86508.000000000000 NS USD 2244017.520000000000 2.7495058638 Long EC CORP US N 1 N N N State Street Corp 549300ZFEEJ2IP5VME73 857477103 4200.000000000000 NS USD 712320.000000000000 0.8727775071 Long EC CORP US N 1 N N N Havas NV 894500L53AVOFQK7T710 N/A 271660.000000000000 NS 5303527.670000000000 6.4982025752 Long EC CORP FR N 2 N N N N/A N/A N/A 100.000000000000 NC USD 112000.000000000000 0.1372291678 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Put Purchased Digital Realty Trust Inc Digital Realty Trust Inc 100.000000000000 170.000000000000 USD 2027-01-15 XXXX -93824.650000000000 N N N GE HealthCare Technologies Inc 549300OI9J7XOWZMUN85 36266G107 25000.000000000000 NS USD 1600250.000000000000 1.9607229976 Long EC CORP US N 1 N N N Murphy Oil Corp QBKYQD0ODE7DC7PDIN91 626717102 13700.000000000000 NS USD 446072.000000000000 0.5465543690 Long EC CORP US N 1 N N N Articore Group Ltd 254900SRSOME9Q6QGA93 N/A 339600.000000000000 NS 63482.790000000000 0.0777829504 Long EC CORP AU N 1 N N N N/A N/A N/A 130.000000000000 NC USD 77675.000000000000 0.0951721036 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Put Purchased United Parcel Service Inc United Parcel Service Inc 100.000000000000 80.000000000000 USD 2028-01-21 XXXX -119916.350000000000 N N N Vanguard Long-Term Treasury ET N/A 92206C847 34200.000000000000 NS USD 1887156.000000000000 2.3122575656 Long EC RF US N 1 N N N Olin Corp 549300GKK294V7W57P06 680665205 253800.000000000000 NS USD 5030316.000000000000 6.1634471279 Long EC CORP US N 1 N N N Seritage Growth Properties 5493003CJFC2MM82WB25 81752R100 69700.000000000000 NS USD 183311.000000000000 0.2246037141 Long EC CORP US N 1 N N N Siemens AG W38RGI023J3WT1HWRP32 826197501 9300.000000000000 NS USD 1496463.000000000000 1.8335568937 Long EC CORP DE N 1 N N N Stagwell Inc 549300KIYTU6J3NYJ009 85256A109 729060.000000000000 NS USD 5416915.800000000000 6.6371325638 Long EC CORP US N 1 N N N Stanley Black & Decker Inc 549300DJ09SMTO561131 854502101 5100.000000000000 NS USD 480012.000000000000 0.5881397079 Long EC CORP US N 1 N N N Workday Inc 549300J0DYC0N31V7G13 98138H101 34190.000000000000 NS USD 4185539.800000000000 5.1283762807 Long EC CORP US N 1 N N N CDW Corp/DE 9845001B052ABF0B6755 12514G108 12000.000000000000 NS USD 1687680.000000000000 2.0678475167 Long EC CORP US N 1 N N N Alphabet Inc 5493006MHB84DD0ZWV18 02079K305 1380.000000000000 NS USD 493170.600000000000 0.6042624197 Long EC CORP US N 1 N N N Cigna Group/The 549300VIWYMSIGT1U456 125523100 3800.000000000000 NS USD 1047584.000000000000 1.2835632187 Long EC CORP US N 1 N N N ConocoPhillips WPTL2Z3FIYTHSP5V2253 20825C104 2100.000000000000 NS USD 218316.000000000000 0.2674939553 Long EC CORP US N 1 N N N FREDDIE MAC S6XOOCT0IEG5ABCC6L87 313400624 18200.000000000000 NS USD 183820.000000000000 0.2252273716 Long EP USGSE US N 1 N N N F5 Inc 54930015FPK9KT966303 315616102 300.000000000000 NS USD 124788.000000000000 0.1528977981 Long EC CORP US N 1 N N N Jones Lang LaSalle Inc 6SYKCME112RT8TQUO411 48020Q107 3200.000000000000 NS USD 991840.000000000000 1.2152623015 Long EC CORP US N 1 N N N Kraft Heinz Co/The 9845007488EC87F5AF14 500754106 16900.000000000000 NS USD 399178.000000000000 0.4890970066 Long EC CORP US N 1 N N N Fuso Chemical Co Ltd N/A N/A 425700.000000000000 NS 11971048.190000000000 14.6676516117 Long EC CORP JP N 2 N N N Qantas Airways Ltd YLXNW6TI6QSK1H8H0N82 N/A 568570.000000000000 NS 4177436.160000000000 5.1184472113 Long EC CORP AU N 2 N N N Ovintiv Inc 2549003MEX7YMKLGI239 69047Q102 44200.000000000000 NS USD 2327130.000000000000 2.8513402965 Long EC CORP US N 1 N N N PPG Industries Inc 549300BKPEP01R3V6C59 693506107 19000.000000000000 NS USD 2304510.000000000000 2.8236249056 Long EC CORP US N 1 N N N Aptiv PLC N/A N/A 18300.000000000000 NS USD 1123254.000000000000 1.3762786752 Long EC CORP IE N 1 N N N 2026-08-10 HOTCHKIS & WILEY FUNDS/DE/ /s/ James Menvielle James Menvielle Treasurer / Principal Financial Officer