Workday, Inc. Schedule 13G filing: Hotchkis and Wiley Capital Management, LLC reported beneficial ownership of 10,655,733 shares of Workday Class A Common Stock, representing 5.07% of the class as of 03/31/2026. The filing states HWCM has sole voting power for 9,903,488 shares and sole dispositive power for 10,655,733 shares. The filing discloses these shares are owned of record by HWCM clients and that certain clients retain voting power; HWCM files in its capacity as investment adviser. The Schedule is signed by Tina H. Kodama, Chief Compliance Officer, dated 05/15/2026.
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Insights
Institutional holder disclosed a 5.07% passive stake in WDAY as of 03/31/2026.
Hotchkis and Wiley Capital Management reported beneficial ownership of 10,655,733 shares and a 5.07% stake. The filing is a Schedule 13G, which typically indicates a passive investor position rather than activist intent.
Voting and disposition figures are disclosed: 9,903,488 shares sole voting power and 10,655,733 shares sole dispositive power. The filing notes record ownership by HWCM clients and that some clients retain voting rights, so HWCM's voting control is partially constrained by client arrangements.
Key Figures
Beneficial ownership:10,655,733 sharesPercent of class:5.07%Sole voting power:9,903,488 shares+3 more
6 metrics
Beneficial ownership10,655,733 sharesas of 03/31/2026
Percent of class5.07%Class A Common Stock
Sole voting power9,903,488 sharesreported by HWCM
Sole dispositive power10,655,733 sharesreported by HWCM
Schedule 13G, Beneficially owned, Sole dispositive power, CUSIP
4 terms
Schedule 13Gregulatory
"Schedule 13G filing header and Item references"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficially ownedfinancial
"Item 4(a) Amount beneficially owned: 10,655,733"
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 dispositive powerfinancial
"Item 4(c)(iii) Sole power to dispose: 10,655,733"
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.
CUSIPtechnical
"CUSIP Number(s): 98138H101"
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
WORKDAY, INC.
(Name of Issuer)
Class A Common Stock, par value $0.001
(Title of Class of Securities)
98138H101
(CUSIP Number)
03/31/2026
(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
9,903,488.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
10,655,733.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
10,655,733.00
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)
5.07 %
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 Number(s):
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:
10,655,733
(b)
Percent of class:
5.07 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
9,903,488
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
10,655,733
(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.
What stake in WDAY does Hotchkis and Wiley Capital Management report?
They report beneficial ownership of 10,655,733 shares, equal to 5.07% of Workday Class A common stock as of 03/31/2026. The position is reported on a Schedule 13G filed in an adviser capacity.
Does HWCM have voting control over the shares it reports for WDAY?
HWCM reports sole voting power for 9,903,488 shares and notes some clients retain voting power. The filing states record ownership is held for HWCM clients, so voting authority is partially dependent on client arrangements.
What type of SEC filing was submitted for this WDAY position?
The filing is a Schedule 13G, which is used to report passive or qualifying institutional holdings. It indicates disclosure of beneficial ownership rather than an active solicitation or change in control intent.
When was the Schedule 13G for HWCM and WDAY signed?
The Schedule 13G is signed by Tina H. Kodama, Chief Compliance Officer, with a signature date of 05/15/2026. The ownership figures are reported as of 03/31/2026.
