[SCHEDULE 13G/A] Workday, Inc. Amended Passive Investment Disclosure
Hotchkis & Wiley reports 6.31% stake in Workday
Hotchkis and Wiley Capital Management, LLC, an investment adviser organized in Delaware, reported beneficial ownership of 12,679,129 shares of Workday, Inc. Class A common stock.
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Hotchkis and Wiley Capital Management, LLC, an investment adviser organized in Delaware, reported beneficial ownership of 12,679,129 shares of Workday, Inc. Class A common stock. This represents 6.31% of the class.
Hotchkis and Wiley has sole voting power over 11,612,524 shares and sole dispositive power over all 12,679,129 shares, with no shared voting or dispositive power. The securities are owned of record by its advisory clients, who are entitled to dividends and sale proceeds, and no individual client is known to hold more than five percent of the class.
Key Figures
Beneficial ownership:12,679,129 sharesPercent of class:6.31%Sole voting power:11,612,524 shares+2 more
5 metrics
Beneficial ownership12,679,129 sharesWorkday Class A common stock beneficially owned by Hotchkis and Wiley Capital Management, LLC
Percent of class6.31%Percentage of Workday Class A common stock beneficially owned
Sole voting power11,612,524 sharesShares of Workday over which Hotchkis and Wiley has sole power to vote
Sole dispositive power12,679,129 sharesShares of Workday over which Hotchkis and Wiley has sole power to dispose
Par value$0.001 per sharePar value of Workday Class A common stock
Key Terms
beneficially owned, sole voting power, sole dispositive power, investment adviser, +1 more
5 terms
beneficially ownedfinancial
"Amount beneficially owned: 12,679,129"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting powerfinancial
"Sole power to vote or to direct the vote: 11,612,524"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive powerfinancial
"Sole power to dispose or to direct the disposition of: 12,679,129"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
investment adviserfinancial
"The securities as to which this Schedule is filed by HWCM, in its capacity as investment adviser"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
percent of classfinancial
"Percent of class: 6.31%"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of Workday (WDAY) does Hotchkis and Wiley Capital Management own?
Hotchkis and Wiley Capital Management reports beneficial ownership of 6.31% of Workday’s Class A common stock, representing 12,679,129 shares held for its advisory clients according to the Schedule 13G/A filing.
How many Workday (WDAY) shares does Hotchkis and Wiley Capital Management control voting for?
Hotchkis and Wiley Capital Management has sole voting power over 11,612,524 Workday shares. Some clients retain their own voting power, so the firm can dispose of more shares than it can vote.
What is the total number of Workday (WDAY) shares beneficially owned by Hotchkis and Wiley?
Hotchkis and Wiley Capital Management reports beneficial ownership of 12,679,129 Workday Class A shares. It also holds sole dispositive power over this full amount, with no shared dispositive power reported.
Do Hotchkis and Wiley’s clients directly own the Workday (WDAY) shares reported on this Schedule 13G/A?
Yes. The Workday shares are owned of record by clients of Hotchkis and Wiley Capital Management. Those clients receive dividends and sale proceeds, while the adviser reports beneficial ownership and dispositive authority.
Does any single Hotchkis and Wiley client hold more than 5% of Workday (WDAY)?
No. The filing states that no individual client of Hotchkis and Wiley Capital Management is known to have the right to receive dividends or sale proceeds with respect to more than five percent of this class of Workday securities.
What type of security in Workday (WDAY) is held by Hotchkis and Wiley?
Hotchkis and Wiley Capital Management’s clients hold Workday Class A common stock with a par value of $0.001 per share, identified by CUSIP 98138H101 in the Schedule 13G/A.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
WORKDAY, INC.
(Name of Issuer)
Class A Common Stock, par value $0.001
(Title of Class of Securities)
98138H101
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
98138H101
1
Names of Reporting Persons
Hotchkis and Wiley Capital Management, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
11,612,524.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
12,679,129.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
12,679,129.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.31 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
WORKDAY, INC.
(b)
Address of issuer's principal executive offices:
6110 Stoneridge Mall Road, Pleasanton, California 94588
Item 2.
(a)
Name of person filing:
Hotchkis and Wiley Capital Management, LLC
(b)
Address or principal business office or, if none, residence:
601 S. Figueroa Street, 39th Fl, Los Angeles, CA 90017
(c)
Citizenship:
Delaware
(d)
Title of class of securities:
Class A Common Stock, par value $0.001
(e)
CUSIP No.:
98138H101
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
12,679,129
(b)
Percent of class:
6.31%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
11,612,524
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
12,679,129
(iv) Shared power to dispose or to direct the disposition of:
0
Note that certain of HWCM's clients have retained voting power over the Common Shares that they beneficially own. Accordingly, HWCM has the power to dispose of more Common Shares than it can vote.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The securities as to which this Schedule is filed by HWCM, in its capacity as investment adviser, are owned of record by clients of HWCM. Those clients have the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of, such securities. No such client is known to have such right or power with respect to more than five percent of this class of securities.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
