HWO Hotchkis & Wiley Opportunities Fund

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

HWO — —
Key stats
About

Hotchkis & Wiley Opportunities Fund (HWO) ETF

No description available.

Exchange
XNAS
Inception
2026-07-21
Has Options
No
Fund profile
holdings as of Jun 30, 2026SEC filingthrough Jun 2026flows, SEC filings
US Equity Large Cap Blend#162 of 165 by assets Hotchkis US Actively managed
Expense ratio
0.90%
prospectus, filed Jun 30, 2026
Assets
—
Trailing yield
—
Average daily volume
$6K
30 sessions
Holdings
69
top 10 are 44.7%
Listed
Jul 21, 2026
Nasdaq
Closure risk, 12 months
25%
high: trading volume, age · model
FrenzyCap ETF score
17
how it is built
Cost6
Liquidity0
Scalen/a
Diversification58

Stated objective. The Fund seeks capital appreciation. (from the fund's prospectus)

All 69 holdingsFlow historySimilar fundsOverlap toolAll Large Cap Blend ETFs

Fund flows
through Jun 2026SEC filings
Reported for all 5 share classes of this fund together, including its mutual fund classes.
Jun 2026
+$22M
latest reported month
Latest 3 months
+$43M
+4.7% of assets
Latest 12 months
+$90M
+10.0% of assets
Jul 2025: −$6.9M−$6.9MAug 2025: +$7.3MAugSep 2025: +$12MOct 2025: +$17MOctNov 2025: −$4.3MDec 2025: +$4.4MDecJan 2026: +$16MFeb 2026: +$4.0MFebMar 2026: −$2.2MApr 2026: −$158KAprMay 2026: +$20MJun 2026: +$22M+$22MJun
View as a table
Net flows of HWO by month, Jul 2025 to Jun 2026
MonthNet flow
Jun 2026+$22M
May 2026+$20M
Apr 2026−$158K
Mar 2026−$2.2M
Feb 2026+$4.0M
Jan 2026+$16M
Dec 2025+$4.4M
Nov 2025−$4.3M
Oct 2025+$17M
Sep 2025+$12M
Aug 2025+$7.3M
Jul 2025−$6.9M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 84 months ago

Similar funds
FundOverlapFeeAssets1Y
HWGVHotchkis & Wiley Global Value Fund39%0.70%——compare
HWMVHotchkis & Wiley Mid-Cap Value Fund32%0.94%——compare
HWSMHotchkis & Wiley SMID Cap Diversified Value Fund25%0.55%$2.8M+11.9%compare
CSTKInvesco Comstock Contrarian Equity ETF14%——+17.9%compare
EAGLEagle Capital Select Equity ETF14%0.80%$4.8B+11.0%compare

Ranked by how much of the two portfolios is the same securities.

Look-through: what the holdings say
weights as of Jun 30, 2026SEC filing
Holdings vs fair value
+14.3%
45% under, 13% over · 82% covered
Price / earnings
28.6
12% loss-making · 74% covered
Price / book · sales
2.2 · 1.1
revenue growth +8.2%
Above 200-day average
63%
33% above 50-day · by weight
Short interest
5.1%
of float, weighted · 4.5 days to cover
Insider buying
7%
of weight had net insider buying, 90 days; 41% net selling
13F holders
+3.9%
change in shares held by institutions, latest quarter
Reporting earnings
9.9%
of weight in 7 days; 21.0% in 14
Largest contributors below fair value
OLN+50%SLM+35%APA+50%CRC+50%CDW+50%
Largest contributors above fair value
ERIC−17%AIG−16%MSFT−7%SLB−19%SHEL−11%

Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.

What changed in the portfolio
Mar 31, 2026 → Jun 30, 2026
ActionHoldingWeight beforeWeight afterShares vs flows
IncreasePPGPPG Industries Inc2.62%4.88%+81.2%
IncreaseWDAYWorkday Inc9.48%11.71%+44.9%
DecreaseERICEricsson5.96%4.19%−21.4%
ExitCMCSAComcast Corp1.49%——
New positionAptiv PLC—1.37%—
DecreaseUHAL.BU-Haul Holding Co2.65%1.58%−49.1%
DecreaseELVElevance Health Inc2.67%1.62%−49.1%
New positionCNH Industrial NV—0.95%—
IncreaseOLNOlin Corp3.76%2.89%+27.5%
ExitWKWorkiva Inc0.86%——

6 new, 2 exited, 11 increased and 13 decreased between the fund's two latest holdings reports; turnover 16.2%. Full holdings and history

Under the hood
fiscal year to Jun 30, 2026SEC census
Securities lending
2.51%
of assets on loan on average; earned 1.9 bp
Diversification status
Non-diversified
may concentrate in fewer issuers

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-06-30
Holdings
67
AUM
$795.7M
Provider
Nport
Inception
2026-07-21
Exchange
XNAS
Data As Of
2026-06-30
Expense Ratio
0.90%
Dividend Yield
—
Distribution
—
Asset Allocation
Top Holdings
top 50 of 67 holdings
Symbol Name Weight % Asset Class Country
WDAY Workday Inc 8.86% Equity (common) US
FFIV F5 Inc 6.69% Equity (common) US
ERIC Ericsson 6.50% Equity (common) SE
CRM Salesforce Inc 4.60% Equity (common) US
— First American Government Obli 3.64% Short-term investment US
SLB SLB Ltd 3.51% Equity (common) US
UHAL.B U-Haul Holding Co 3.30% Equity (common) US
— Havas NV 2.92% Equity (common) FR
— Fuso Chemical Co Ltd 2.88% Equity (common) JP
GEHC GE HealthCare Technologies Inc 2.56% Equity (common) US
OLN Olin Corp 2.53% Equity (common) US
ELV Elevance Health Inc 2.36% Equity (common) US
D Dominion Energy Inc 2.36% Equity (common) US
STGW Stagwell Inc 2.31% Equity (common) US
GM General Motors Co 2.29% Equity (common) US
SLM SLM Corp 2.29% Equity (common) US
PPG PPG Industries Inc 2.09% Equity (common) US
— Qantas Airways Ltd 2.05% Equity (common) AU
MSFT Microsoft Corp 1.96% Equity (common) US
APA APA Corp 1.84% Equity (common) US
CMCSA Comcast Corp 1.68% Equity (common) US
VGLT Vanguard Long-Term Treasury ET 1.61% Equity (common) US
GOOGL Alphabet Inc 1.52% Equity (common) US
C Citigroup Inc 1.51% Equity (common) US
— Siemens AG 1.51% Equity (common) DE
SHEL Shell PLC 1.37% Equity (common) GB
OVV Ovintiv Inc 1.29% Equity (common) US
— Henkel AG & Co KGaA 1.17% Equity (common) DE
WFC Wells Fargo & Co 1.16% Equity (common) US
ECVT Ecovyst Inc 1.04% Equity (common) US
SWK Stanley Black & Decker Inc 1.00% Equity (common) US
STT State Street Corp 0.99% Equity (common) US
— Iracore International Holdings Inc 0.97% Equity (common) US
BNY Bank of New York Mellon Corp/T 0.94% Equity (common) US
PM Philip Morris International In 0.93% Equity (common) US
MUR Murphy Oil Corp 0.92% Equity (common) US
UNH UnitedHealth Group Inc 0.90% Equity (common) US
VAC Marriott Vacations Worldwide C 0.84% Equity (common) US
AVT Avnet Inc 0.84% Equity (common) US
LAD Lithia Motors Inc 0.81% Equity (common) US
HUM Humana Inc 0.80% Equity (common) US
JLL Jones Lang LaSalle Inc 0.78% Equity (common) US
NOV NOV Inc 0.77% Equity (common) US
SMMNY Siemens AG 0.74% Equity (common) DE
BPOP Popular Inc 0.73% Equity (common) PR
COP ConocoPhillips 0.73% Equity (common) US
WK Workiva Inc 0.53% Equity (common) US
HKHHF Heineken NV 0.51% Equity (common) NL
— Aptiv PLC 0.50% Equity (common) IE
— N/A 0.42% Derivative (equity) US
Geographic Breakdown
Non-Equity Breakdown
Hotchkis & Wiley Opportunities Fund · NPORT-P period 2026-06-30 (filed 2026-08-11)
Net assets: $898M · 69 total positions · equity 98.67% · non-equity 6.65%
Non-equity holdings — 4 positions, 6.65% of NAV
Category Weight Value Positions
Short-term investment 6.44% $57.8M 2
Corporate 0.21% $1.9M 2
Chart
Seasonality
Insufficient price history — listed 81 days ago. Seasonality patterns need at least one full year of data.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $26.32
SMA 50: $26.68
SMA 200: —
Current: $26.32
EMA 12: $26.21
EMA 26: $26.34
MACD: -0.1353 | Signal: 0.0086
BEARISH
ADX (14): 15.29
RANGE
+DI: 49.05
−DI: 43.27

Momentum Oscillators

RSI (14): 49.73
NEUTRAL
Stoch %K: 46.93
Stoch %D: 36.97
Williams %R: -30.89

Volume & Volatility

BB Upper: $27.01
BB Lower: $25.63
NEUTRAL
OBV: 975
Vol SMA 20: 223
Vol ROC: -96.36%
ATR: $0.16
True Range: $0.10
HV 20: 10.6%
HV 30: 11.0%
HV 60: —

Data Summary

Data Points: 57
Last Updated:
Date Range: 2026-07-22T00:00:00 – 2026-10-09T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
All HWO news →

HWO Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Insufficient price history — listed 81 days ago. Beta and correlation vs SPY require ~1 year of daily returns to be statistically meaningful.

HWO Institutional Ownership (13F)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

# Filer Shares Value % of Total % of Float Period
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
HWO Constituent Performance

Click any bar to view the full quote for that stock.

HWO Constituents (45 of 48)
Symbol Name Weight % Price 1 Day 1 Week 1 Month
WDAY Workday Inc 8.86% $186.59 -0.65%+0.24%+0.48%
FFIV F5 Inc 6.69% $479.83 +3.94%+5.68%+16.55%
ERIC Ericsson 6.50% $9.55 +0.58%+2.85%-7.32%
CRM Salesforce Inc 4.60% $229.13 +0.58%-2.37%-7.50%
SLB SLB Ltd 3.51% $48.95 -0.06%+0.43%-12.68%
UHAL.B U-Haul Holding Co 3.30% $50.37 -0.94%-7.31%-10.75%
GEHC GE HealthCare Technologies Inc 2.56% $65.74 +2.37%+2.26%+2.83%
OLN Olin Corp 2.53% $14.89 -4.61%-6.35%-13.43%
ELV Elevance Health Inc 2.36% $412.7 +2.93%+6.80%-1.44%
D Dominion Energy Inc 2.36% $61.64 -0.18%+0.54%-4.23%
STGW Stagwell Inc 2.31% $8.65 -1.26%+3.47%+0.58%
GM General Motors Co 2.29% $82.73 +0.58%+5.70%-3.38%
SLM SLM Corp 2.29% $22.52 -0.66%-0.99%-13.52%
PPG PPG Industries Inc 2.09% $103.96 -1.42%-1.13%-1.46%
MSFT Microsoft Corp 1.96% $535.07 +2.38%+3.39%+7.96%
APA APA Corp 1.84% $45.88 +0.90%+5.04%+2.57%
CMCSA Comcast Corp 1.68% $20.66 -2.59%-4.22%-18.02%
VGLT Vanguard Long-Term Treasury ET 1.61% $50.18 +0.08%+0.52%-3.31%
GOOGL Alphabet Inc 1.52% $351.66 +0.97%+2.38%+3.89%
C Citigroup Inc 1.51% $129.64 +1.22%+0.89%-6.61%
SHEL Shell PLC 1.37% $100.18 -0.02%+4.10%+3.52%
OVV Ovintiv Inc 1.29% $63.88 +0.80%+5.87%+0.30%
WFC Wells Fargo & Co 1.16% $83.55 +1.85%+3.85%-7.46%
ECVT Ecovyst Inc 1.04% $10.05 -1.57%-0.69%+1.31%
SWK Stanley Black & Decker Inc 1.00% $88.57 -0.67%-3.03%-0.75%
STT State Street Corp 0.99% $174.96 -0.07%-0.57%-9.53%
BNY Bank of New York Mellon Corp/T 0.94% $142.71 -0.63%-1.85%-12.26%
PM Philip Morris International In 0.93% $201.19 +0.34%+7.32%+5.30%
MUR Murphy Oil Corp 0.92% $38.68 +0.21%+2.71%+0.47%
UNH UnitedHealth Group Inc 0.90% $379.3 +2.25%+1.99%+0.06%
VAC Marriott Vacations Worldwide C 0.84% $105.34 +1.08%+1.09%+1.69%
AVT Avnet Inc 0.84% $99.36 -0.20%-7.08%-0.27%
LAD Lithia Motors Inc 0.81% $290.24 +0.47%-5.70%-18.93%
HUM Humana Inc 0.80% $431.87 +11.56%+11.20%+5.39%
JLL Jones Lang LaSalle Inc 0.78% $299.87 -1.08%-2.26%-13.57%
NOV NOV Inc 0.77% $18.97 -0.11%+0.90%-10.09%
BPOP Popular Inc 0.73% $156.29 +0.32%-1.17%-4.53%
COP ConocoPhillips 0.73% $134.1 -0.07%+5.80%-2.37%
WK Workiva Inc 0.53% $73.25 -0.60%+2.84%+1.93%
STZ Constellation Brands Inc 0.38% $122.64 -0.80%+8.66%+0.16%
CRC California Resources Corp 0.37% $52.96 -0.17%+1.01%-6.68%
GBLI Global Indemnity Group LLC 0.37% $24.46 +5.25%+0.45%-17.08%
FISV Fiserv Inc 0.35% $45.63 -0.67%+2.86%-11.54%
FLR Fluor Corp 0.31% $50.68 -0.65%+1.56%-6.49%
SRG Seritage Growth Properties 0.13% $1.6 -1.84%-11.60%-16.67%