Pzena Investment Management LLC Richard Pzena

New York, NY 21 processed 13Fs on this site, 2021 Q3 to 2026 Q2

$34.1B
161 holdings
2026 Q2
+10.6% QoQ
Top 5 22.7%

Portfolio

2026 Q2, filed 8/7/2026, top 12 of 161 holdings

Top 5 22.7%, top 10 37.5%

AUM over time

2026 Q2 $34.1B +10.6% QoQ

Q3 2021

Q1 2022

Q1 2023

Q1 2024

Q1 2025

Q1 2026

Book

2021 Q4 2021 Q3, filed 4 Feb, long equity only

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CTSH, Cognizant	4.71%	Reduce −0.1%	14,097,069	$88.72	$1.3B	−13,846	+$204M
GE, GE Aerospace	3.93%	Add +8.4%	11,033,492	$94.47	$1B	+852,849	−$6.6M
EIX, Edison International	3.83%, was 3.22%	Add +1.3%	14,875,516	$68.25	$1B	+188,761	+$201M
AIG	3.58%, was 3.66%	Reduce −0.7%	16,710,346	$56.86	$950M	−118,724	+$26M
LEA, Lear	3.56%	Reduce −0.5%	5,162,131	$182.95	$944M	−24,715	+$133M
WAB, Wabtec	3.51%	Reduce −0.7%	10,118,702	$92.11	$932M	−69,140	+$54M
WFC, Wells Fargo	3.41%, was 3.47%	Reduce −0.1%	18,870,433	$47.98	$905M	−9,507	+$29M
HAL, Halliburton	3.33%, was 3.34%	Reduce −1.0%	38,624,847	$22.87	$883M	−388,414	+$40M
PVH, Phillips Van Heusen	3.13%, was 3.06%	Add +3.4%	7,775,831	$106.65	$829M	+252,310	+$56M
NRG, NRG Energy	2.80%, was 2.66%	Add +4.5%	17,224,488	$43.08	$742M	+740,730	+$69M
MCK, McKesson	2.76%	Reduce −1.0%	2,950,700	$248.57	$733M	−28,315	+$139M
EQH, Equitable	2.73%	Reduce −0.2%	22,083,633	$32.79	$724M	−47,539	+$68M
C, Citigroup	2.57%	Add +7.8%	11,276,902	$60.39	$681M	+820,219	−$53M
HPE, Hewlett Packard Enterprise	2.55%	Reduce −1.0%	42,934,080	$15.77	$677M	−442,376	+$59M
NWL, Newell Brands	2.33%, was 2.29%	Add +8.3%	28,342,422	$21.84	$619M	+2,179,131	+$40M
COF, Capital One	2.13%	Add +2.4%	3,900,980	$145.09	$566M	+91,855	−$51M
NOV, NOV Inc	2.08%, was 2.12%	Reduce −0.3%	40,666,965	$13.55	$551M	−132,195	+$16M
BKR, Baker Hughes	2.07%, was 2.37%	Reduce −5.7%	22,833,273	$24.06	$549M	−1,374,238	−$49M
AVT, Avnet	1.89%	Reduce −0.3%	12,185,337	$41.23	$502M	−41,112	+$50M
GIL, Gildan Activewear	1.72%, was 1.54%	Add +0.8%	10,766,094	$42.39	$456M	+85,294	+$66M
BAC, Bank of America	1.53%, was 1.63%	Reduce −5.5%	9,145,772	$44.49	$407M	−535,408	−$4.1M
DOX, Amdocs	1.52%	Add +1.8%	5,391,334	$74.84	$403M	+95,124	+$2.5M
AXS, Axis Capital	1.45%	Reduce −0.6%	7,057,524	$54.47	$384M	−45,054	+$57M
DOW, DOW Inc	1.37%	Add +3.3%	6,419,626	$56.72	$364M	+207,120	+$6.5M
XOM, Exxon Mobil	1.25%, was 1.33%	Reduce −5.0%	5,437,457	$61.19	$333M	−288,761	−$4.1M
MET, MetLife	1.25%, was 1.30%	Reduce −0.4%	5,293,024	$62.49	$331M	−23,793	+$2.6M
VOYA, Voya Financial	1.21%, was 1.17%	Add +0.9%	4,851,903	$66.31	$322M	+41,814	+$26M
FMS, Fresenius Medical	1.16%, was 0.89%	Add +47.6%	9,459,446	$32.46	$307M	+3,051,672	+$83M
PFE, Pfizer	1.11%	Reduce −0.6%	4,993,118	$59.05	$295M	−28,776	+$79M
MHK, Mohawk Industries	1.10%	Add +0.6%	1,599,051	$182.18	$291M	+8,976	+$9.2M
TXT, Textron	1.05%, was 1.41%	Reduce −29.5%	3,593,922	$77.20	$277M	−1,501,390	−$78M
JPM, JPMorgan Chase	1.04%	Add +1.6%	1,744,422	$158.35	$276M	+28,183	−$4.7M
GS, Goldman Sachs	0.91%, was 0.95%	Reduce −1.1%	630,348	$382.55	$241M	−7,073	+$176K
SSNC, SS&C Technologies	0.89%	Add +41968.9%	2,865,734	$81.98	$235M	+2,858,922	+$234M
ORCL, Oracle	0.80%, was 1.02%	Reduce −17.5%	2,431,550	$87.21	$212M	−515,284	−$45M
Holding	0.79%, was 0.78%	Add +3.9%	4,833,399	$43.40	$210M	+179,641	+$14M
JELD, Jeld-Wen	0.74%	Reduce −0.1%	7,396,840	$26.36	$195M	−4,405	+$9.7M
SWK, Stanley Black & Decker	0.72%	Reduce −0.1%	1,011,410	$188.62	$191M	−1,082	+$13M
TCOM, Trip.com	0.71%	Add +8.2%	7,623,896	$24.62	$188M	+577,307	−$29M
OLN, Olin	0.70%	Reduce −5.2%	3,215,822	$57.52	$185M	−177,532	+$21M
SHEL, Shell	0.66%, was 0.71%	Reduce −0.5%	4,009,803	$43.40	$174M	−21,077	−$5.6M
CNO, Cno Financial Group	0.60%, was 0.63%	Reduce −2.3%	6,634,014	$23.84	$158M	−154,847	−$1.7M
CAH, Cardinal Health	0.58%	Add +0.9%	2,984,361	$51.49	$154M	+27,925	+$7.4M
FLEX, Flextronics	0.57%, was 0.54%	Add +6.6%	8,231,915	$18.33	$151M	+508,087	+$14M
JNJ, Johnson & Johnson	0.57%	Reduce −0.5%	881,404	$171.07	$151M	−4,513	+$7.7M
TEX, Terex	0.54%	Reduce −0.5%	3,235,079	$43.95	$142M	−16,781	+$5.3M
WBS, Webster Financial	0.48%, was 0.49%	Reduce −0.1%	2,267,687	$55.84	$127M	−3,183	+$3M
CVE, Cenovus Energy	0.47%, was 0.51%	Reduce −19.3%	10,249,274	$12.28	$126M	−2,445,749	−$1.9M
FTI, Technipfmc	0.47%	Add +0.5%	21,050,079	$5.92	$125M	+105,864	−$33M
AMGN, Amgen	0.45%	Add +0.3%	534,870	$224.97	$120M	+1,598	+$6.9M
BKNG, Booking Holdings	0.45%	Add +0.3%	49,791	$2,399	$119M	+151	+$1.6M
UBS	0.45%	Reduce −0.3%	6,606,486	$17.87	$118M	−17,893	+$12M
BIDU, Baidu	0.43%, was 0.47%	Reduce −0.4%	774,485	$148.79	$115M	−3,340	−$4.4M
BDC, Belden	0.42%, was 0.45%	Reduce −14.1%	1,683,316	$65.73	$111M	−276,643	−$3.5M
SPB, Spectrum Brands	0.38%	Reduce −0.4%	1,003,782	$101.72	$102M	−3,759	+$5.7M
CI, Cigna	0.38%	Reduce −0.1%	438,874	$229.63	$101M	−617	+$13M
MS, Morgan Stanley	0.38%, was 0.68%	Reduce −41.9%	1,018,996	$98.16	$100M	−735,560	−$71M
Ryder System	0.35%, was 0.56%	Reduce −34.6%	1,111,434	$82.43	$92M	−588,247	−$49M
ELV, Anthem	0.33%	Reduce −0.8%	190,486	$463.54	$88M	−1,454	+$17M
CLS, Celestica	0.32%	Reduce −12.8%	7,593,324	$11.13	$85M	−1,111,084	+$7.2M
Steelcase	0.31%, was 0.30%	Add +16.8%	7,010,227	$11.72	$82M	+1,009,858	+$6.1M
AIG, American International Group	0.30%	Reduce −0.2%	2,065,824	$38.92	$80M	−5,135	+$19M
EPAC	0.30%	Add +0.7%	3,941,949	$20.28	$80M	+29,102	−$1.2M
RF, Regions Financial	0.30%, was 0.32%	Reduce −3.6%	3,629,926	$21.80	$79M	−135,707	−$1.1M
ASB, Associated Banc-Corp	0.30%, was 0.29%	Add +0.6%	3,498,138	$22.59	$79M	+20,871	+$4.5M
DAN, Dana	0.29%, was 0.27%	Add +8.8%	3,348,838	$22.82	$76M	+270,195	+$8M
First Midwest Bancorp	0.28%, was 0.27%	Add +1.8%	3,688,549	$20.48	$76M	+64,251	+$6.6M
BMY, Bristol Myers Squibb	0.27%, was 0.28%	Reduce −1.9%	1,155,708	$62.35	$72M	−22,235	+$2.4M
GD, General Dynamics	0.27%	Add +0.2%	345,319	$208.47	$72M	+548	+$4.4M
Juniper Networks	0.26%	Reduce −1.7%	1,920,154	$35.71	$69M	−32,566	+$15M
Gap	0.25%, was 0.12%	Add +178.5%	3,780,585	$17.65	$67M	+2,422,939	+$36M
FITB, Fifth Third Bancorp	0.25%, was 0.26%	Reduce −0.6%	1,510,122	$43.55	$66M	−9,833	+$1.3M
KEY, Keycorp	0.25%	Reduce −4.8%	2,823,949	$23.13	$65M	−143,530	+$1.2M
TRS, Trimas	0.24%, was 0.22%	Add +0.2%	1,723,779	$37.00	$64M	+3,874	+$8.1M
OEC, Orion Engineered Carbons	0.24%, was 0.21%	Add +18.4%	3,395,766	$18.36	$62M	+527,340	+$10M
SMCI, Super Micro Computer	0.23%, was 0.20%	Add +0.3%	1,408,690	$43.95	$62M	+4,084	+$11M
IVZ, Invesco	0.23%, was 0.26%	Reduce −0.2%	2,685,284	$23.02	$62M	−5,031	−$3M
MTZ, Mastec	0.23%, was 0.22%	Add +1.7%	668,374	$92.28	$62M	+11,414	+$5M
SCSC, Scansource	0.21%, was 0.22%	Reduce −0.5%	1,592,462	$35.08	$56M	−7,341	+$207K
Posco	0.21%, was 0.26%	Reduce −0.7%	951,214	$58.29	$55M	−6,762	−$11M
Argo Group International	0.20%, was 0.19%	Add +0.9%	926,544	$58.11	$54M	+7,821	+$5.9M
MUR, Murphy Oil	0.20%, was 0.27%	Reduce −24.7%	2,050,729	$26.11	$54M	−673,343	−$14M
Hope Bancorp	0.20%	Add +0.5%	3,548,064	$14.71	$52M	+16,494	+$1.2M
DRH	0.20%, was 0.19%	Add +3.8%	5,391,066	$9.61	$52M	+198,382	+$2.7M
Umpqua	0.19%, was 0.22%	Reduce −0.3%	2,685,819	$19.24	$52M	−7,777	−$2.9M
HBAN, Huntington Bancshares	0.19%, was 0.21%	Reduce −1.2%	3,345,914	$15.42	$52M	−39,889	−$751K
UVSP, Univest Financial	0.19%	Add +0.7%	1,721,598	$29.92	$52M	+11,129	+$4.7M
Rev Group	0.19%, was 0.25%	Reduce −0.3%	3,615,998	$14.15	$51M	−10,814	−$11M
RGA, Reinsurance Group Of America	0.19%, was 0.20%	Reduce 0.0%	464,479	$109.49	$51M	−181	−$842K
TBI, Trueblue	0.18%	Add +0.3%	1,769,139	$27.67	$49M	+4,588	+$1.2M
UVV, Universal	0.18%, was 0.16%	Add +2.5%	883,485	$54.92	$49M	+21,333	+$6.9M
AHQ	0.18%	New	736,196	$65.20	$48M	+736,196	+$48M
USNA, Usana Health Sciences	0.17%, was 0.03%	Add +365.6%	445,632	$101.20	$45M	+349,924	+$36M
Moog	0.17%, was 0.16%	Add +2.5%	554,965	$80.97	$45M	+13,371	+$3.7M
Technip Energies	0.16%, was 0.19%	Reduce −5.4%	2,876,490	$14.50	$42M	−163,889	−$5.9M
TSM, Taiwan Semiconductor	0.16%, was 0.15%	Add +1.0%	344,316	$120.31	$41M	+3,252	+$3.3M
IBN, Icici Bank	0.14%, was 0.15%	Reduce −3.0%	1,939,358	$19.79	$38M	−59,094	+$670K
VREX, Varex Imaging	0.14%	Reduce −2.2%	1,199,257	$31.55	$38M	−26,413	+$3.3M
Interpublic Group Of Companies	0.14%, was 0.15%	Reduce −1.1%	987,919	$37.45	$37M	−11,355	+$355K
CSCO, Cisco	0.14%	Reduce −1.0%	570,053	$63.37	$36M	−5,570	+$4.8M
WSFS, Wsfs Financial	0.13%	Add +1.3%	704,492	$50.12	$35M	+8,751	−$389K
TCOM, Trip	0.12%, was 0.23%	Reduce −44.7%	924,828	$35.68	$33M	−746,752	−$26M
ARW, Arrow Electronics	0.12%	Reduce −0.2%	233,538	$134.27	$31M	−395	+$5.1M
MRC Global	0.12%, was 0.08%	Add +58.3%	4,518,807	$6.88	$31M	+1,663,744	+$10M
Motorcar Parts Of America	0.12%	Add +1.7%	1,797,163	$17.07	$31M	+30,160	−$3.8M
HOFT, Hooker Furnishings	0.12%	Add +1.2%	1,316,484	$23.28	$31M	+15,352	−$4.5M
Nextier Oilfield Solutions	0.11%, was 0.24%	Reduce −36.9%	8,290,669	$3.55	$29M	−4,844,691	−$31M
Holding	0.11%	Add +4.0%	1,407,675	$20.42	$29M	+54,789	−$396K
Genpact	0.10%	Reduce −0.2%	505,149	$53.08	$27M	−806	+$2.8M
ABEV, Ambev	0.10%, was 0.08%	Add +24.0%	9,402,393	$2.80	$26M	+1,816,796	+$5.4M
GL, Globe Life	0.09%	Reduce 0.0%	241,660	$93.72	$23M	−104	+$1.1M
SHG	0.08%	Add +4.6%	716,086	$30.91	$22M	+31,520	−$915K
MSCI	0.08%	Hold	261,531	$84.06	$22M	—	—
ETR, Entergy	0.08%	Hold	190,579	$112.65	$21M	—	—
F, Ford	0.06%, was 1.36%	Reduce −96.6%	816,459	$20.77	$17M	−23,384,760	−$326M
KBR, KBR Inc	0.06%	Hold	340,972	$47.62	$16M	—	—
CBRE, CBRE Group	0.06%	Reduce −0.1%	146,489	$108.51	$16M	−132	+$1.6M
VNO, Vornado Realty Trust	0.05%	Reduce −0.1%	320,984	$41.86	$13M	−165	−$55K
SNA, Snap-On	0.05%	Reduce −0.3%	56,208	$215.38	$12M	−165	+$327K
VZ, Verizon	0.04%, was 0.05%	Reduce −3.9%	227,113	$51.96	$12M	−9,329	−$969K
Holding	0.02%	Add +0.3%	2,730	$1,647	$4.5M	+8	+$236K
Holding	0.02%	Reduce −23.2%	47,632	$89.79	$4.3M	−14,401	−$1.6M
Holding	0.02%	Hold	554,073	$7.52	$4.2M	—	—
CIG	0.02%	Hold	1,639,365	$2.43	$4M	—	—
BABA, Alibaba	0.01%	Add +43.0%	30,853	$118.79	$3.7M	+9,272	+$470K
Holding	0.01%, was 0.02%	Reduce −4.2%	430,365	$7.48	$3.2M	−19,100	−$909K
Cez As Unspon	0.01%	Reduce −10.2%	156,399	$18.93	$3M	−17,746	+$123K
Holding	0.01%	Reduce −0.2%	86,544	$31.24	$2.7M	−150	+$42K
Holding	0.01%	Add +2.2%	103,659	$25.91	$2.7M	+2,200	+$170K
Holding	0.01%	Hold	216,586	$12.31	$2.7M	—	—
Holding	0.01%	Hold	180,465	$14.73	$2.7M	—	—
Sasol	0.01%	Hold	153,043	$16.40	$2.5M	—	—
Holding	0.01%	Hold	107,424	$22.98	$2.5M	—	—
Holding	0.01%	Hold	26,847	$87.91	$2.4M	—	—
Holding	0.01%	Hold	123,360	$13.74	$1.7M	—	—
KB	0.01%	Hold	33,522	$46.15	$1.5M	—	—
Otp Bank Nyrt Spon ADR 144A	0.01%	Hold	58,286	$25.62	$1.5M	—	—
Holding	0.00%	Hold	139,730	$7.79	$1.1M	—	—
Holding	0.00%	Hold	25,144	$42.67	$1.1M	—	—
Reunert Limited Unspon	0.00%	Hold	127,975	$7.15	$915K	—	—
ITUB	0.00%	Hold	224,429	$3.75	$842K	—	—
SMFG	0.00%	Add +498.0%	108,562	$6.79	$737K	+90,408	+$610K
ITRN, Ituran Location And Control	0.00%	Hold	25,006	$26.67	$667K	—	—
COR, Amerisourcebergen	0.00%	Reduce −11.1%	4,633	$132.96	$616K	−579	−$7K
NOK, Nokia Oyj	0.00%	Add +41.2%	94,266	$6.22	$586K	+27,516	+$222K
REGN, Regeneron	0.00%	Reduce −7.5%	904	$631.64	$571K	−73	−$20K
UTHR, United Therapeutics	0.00%	Reduce −7.5%	2,587	$216.08	$559K	−209	+$43K
CHKP, Check Point Software Technologies	0.00%	Reduce −6.9%	4,681	$116.64	$546K	−349	−$23K
MRK, Merck	0.00%	Reduce −9.6%	6,885	$76.69	$528K	−734	−$44K
CHRW, C.H. Robinson	0.00%	Reduce −16.5%	4,388	$107.57	$472K	−870	+$15K
TMUS, T-Mobile US	0.00%	Reduce −8.0%	3,983	$115.99	$462K	−348	−$91K
META, Meta Platforms	0.00%	Add +0.4%	1,338	$336.32	$450K	+5	−$2K
INTC, Intel	0.00%	Reduce −12.3%	7,928	$51.46	$408K	−1,115	−$74K
DLTR, Dollar Tree	0.00%	Reduce −10.3%	2,849	$140.40	$400K	−327	+$96K
HUM, Humana	0.00%	Reduce −41.4%	844	$463.27	$391K	−597	−$170K
MMS, Maximus	0.00%	Reduce −8.5%	4,633	$79.65	$369K	−433	−$52K
Holding	0.00%	Hold	10,511	$28.45	$299K	—	—
DOV, Dover	0.00%	Hold	1,388	$181.56	$252K	—	—
QRVO, Qorvo	0.00%	Reduce −1.5%	1,588	$156.17	$248K	−24	−$22K
GILD, Gilead Sciences	0.00%	Reduce −58.1%	3,404	$72.56	$247K	−4,720	−$320K
HPQ, HP	0.00%	Reduce −5.6%	5,874	$37.62	$221K	−351	+$51K
Holding	0.00%	Hold	23,319	$7.38	$172K	—	—

Showing top 50 of 162 by value

Exits / last held

Gone since 2021 Q3, shown at their last reported size.

Stock	% of portfolio	Recent activity	Reported price*	Value	Share change	$ change
UNH, UnitedHealth Group	—	Exit	$391.05	$612K	−1,565	−$612K
AZO, AutoZone	—	Exit	$1,698	$535K	−315	−$535K
ZD, J2 Global	—	Exit	$136.74	$457K	−3,342	−$457K
N-Able	—	Exit	$12.39	$368K	−29,690	−$368K
IGT, Ingredion	—	Exit	$89.04	$255K	−2,864	−$255K
CACI	—	Exit	$261.88	$248K	−947	−$248K
JAZZ, Jazz Pharmaceuticals	—	Exit	$129.96	$203K	−1,562	−$203K

Filings history

20 periods, with AUM normalized

Newest 13Fs

Period	Holds	AUM	QoQ	Form	Filed	Filing ID
2026 Q2	161	$34.1B	+10.6%	13F-HR	8/7/2026	000102779626000049
2026 Q1	158	$30.8B	−7.8%	13F-HR	4/24/2026	000102779626000024
2025 Q4	157	$33.4B	+8.0%	13F-HR	2/6/2026	000102779626000009
2025 Q3	154	$30.9B	+0.6%	13F-HR	11/7/2025	000102779625000057
2025 Q2	152	$30.8B	+7.4%	13F-HR	7/25/2025	000102779625000043
2025 Q1	146	$28.6B	−2.5%	13F-HR	5/2/2025	000102779625000029
2024 Q4	152	$29.4B	−5.3%	13F-HR	2/7/2025	000102779625000014
2024 Q3	157	$31B	+9.1%	13F-HR	11/8/2024	000102779624000048
2024 Q2	160	$28.4B	−2.4%	13F-HR	8/2/2024	000102779624000014
2024 Q1	159	$29.1B	+9.5%	13F-HR	5/3/2024	000102779624000007
2023 Q4	164	$26.6B	+14.3%	13F-HR	2/9/2024	000102779624000004
2023 Q3	160	$23.3B	−0.7%	13F-HR	11/9/2023	000114036123052439
2023 Q2	161	$23.4B	+1.2%	13F-HR	8/4/2023	000114036123038068
2023 Q1	163	$23.2B	+2.5%	13F-HR	5/12/2023	000114036123024367
2022 Q4	180	$22.6B	+12.3%	13F-HR	2/3/2023	000114036123004425
2022 Q3	175	$20.1B	—	RESTATEMENT	11/14/2022	000114036122041191
2022 Q3	175	$20.1B	−9.8%	13F-HR	11/4/2022	000114036122040001
2022 Q2	168	$22.3B	−15.6%	13F-HR	8/5/2022	000156761922015049
2022 Q1	177	$26.5B	−0.3%	13F-HR	5/6/2022	000156761922009665
2021 Q4	174	$26.5B	+5.0%	13F-HR	2/4/2022	000156761922002512
2021 Q3	168	$25.3B	—	13F-HR	11/5/2021	000156761921019397

About

Pzena Investment Management LLC

21 processed 13Fs on this site, 2021 Q3 to 2026 Q2

Notable person: Richard Pzena
SEC filing name: PZENA INVESTMENT MANAGEMENT LLC
Location: New York, NY
All SEC filings: View on sec.gov