Hotchkis & Wiley (WDAY holder) discloses 12.7M-share beneficial stake in Workday
Rhea-AI Filing Summary
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.
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Key Figures
Beneficial ownership: 12,679,129 shares
Percent of class: 6.31%
Sole voting power: 11,612,524 shares
+2 more
5 metrics
Beneficial ownership
12,679,129 shares
Workday Class A common stock beneficially owned by Hotchkis and Wiley Capital Management, LLC
Percent of class
6.31%
Percentage of Workday Class A common stock beneficially owned
Sole voting power
11,612,524 shares
Shares of Workday over which Hotchkis and Wiley has sole power to vote
Sole dispositive power
12,679,129 shares
Shares of Workday over which Hotchkis and Wiley has sole power to dispose
Par value
$0.001 per share
Par value of Workday Class A common stock
Key Terms
beneficially owned, sole voting power, sole dispositive power, investment adviser, +1 more
5 terms
beneficially owned financial
"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 power financial
"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 power financial
"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 adviser financial
"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 class financial
"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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
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.
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.