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

2022 Q4 2022 Q3, filed 3 Feb, long equity only

Download CSV Download Excel All activity


GE, GE Aerospace	4.89%	Reduce −4.1%	13,202,922	$83.79	$1.1B	−558,693	+$254M
CTSH, Cognizant	4.39%, was 4.07%	Add +21.8%	17,357,679	$57.19	$993M	+3,102,695	+$174M
EIX, Edison International	3.83%, was 3.77%	Add +1.5%	13,619,885	$63.62	$866M	+201,583	+$107M
LEA, Lear	3.77%	Add 0.0%	6,865,532	$124.02	$851M	+1,383	+$30M
WAB, Wabtec	3.45%, was 3.58%	Reduce −12.0%	7,803,373	$99.81	$779M	−1,066,300	+$57M
WFC, Wells Fargo	3.23%	Add +2.2%	17,710,817	$41.29	$731M	+375,214	+$34M
C, Citigroup	3.23%, was 3.16%	Add +5.7%	16,153,249	$45.23	$731M	+869,737	+$94M
SSNC, SS&C Technologies	2.91%, was 2.53%	Add +18.2%	12,635,958	$52.06	$658M	+1,947,334	+$147M
EQH, Equitable	2.87%, was 2.99%	Reduce −1.1%	22,605,769	$28.70	$649M	−262,742	+$46M
NWL, Newell Brands	2.74%, was 2.69%	Add +21.6%	47,361,679	$13.08	$619M	+8,407,044	+$78M
AIG	2.74%	Reduce −9.5%	9,780,944	$63.24	$619M	−1,021,048	+$106M
NOV, NOV Inc	2.73%, was 2.84%	Reduce −16.3%	29,568,913	$20.89	$618M	−5,752,565	+$46M
COF, Capital One	2.46%, was 2.45%	Add +11.5%	5,972,255	$92.96	$555M	+616,973	+$62M
DOW, DOW Inc	2.35%, was 1.64%	Add +40.3%	10,535,990	$50.39	$531M	+3,024,868	+$201M
PVH, Phillips Van Heusen	2.31%, was 1.64%	Add +0.2%	7,386,406	$70.59	$521M	+11,620	+$191M
HPE, Hewlett Packard Enterprise	2.07%	Reduce −2.9%	29,386,268	$15.96	$469M	−892,458	+$106M
DOX, Amdocs	2.04%, was 2.22%	Reduce −10.0%	5,061,331	$90.90	$460M	−559,450	+$14M
FMS, Fresenius Medical	1.76%, was 0.91%	Add +85.4%	24,332,192	$16.34	$398M	+11,209,015	+$213M
AVT, Avnet	1.71%	Reduce −0.6%	9,282,603	$41.58	$386M	−58,182	+$49M
MCK, McKesson	1.62%, was 2.90%	Reduce −43.4%	973,538	$375.12	$365M	−747,521	−$220M
TCOM, Trip.com	1.47%	Reduce −4.9%	9,677,682	$34.40	$333M	−499,085	+$55M
Holding	1.40%	Reduce −6.1%	7,522,541	$41.95	$316M	−487,400	+$61M
GIL, Gildan Activewear	1.40%, was 1.71%	Reduce −5.3%	11,514,716	$27.40	$316M	−644,218	−$28M
BKNG, Booking Holdings	1.39%, was 0.86%	Add +47.7%	155,403	$2,015	$313M	+50,193	+$140M
HAL, Halliburton	1.37%, was 1.91%	Reduce −49.5%	7,893,885	$39.35	$311M	−7,727,294	−$74M
MET, MetLife	1.36%, was 1.43%	Reduce −10.3%	4,261,945	$72.37	$308M	−487,174	+$20M
BAC, Bank of America	1.33%	Add +0.1%	9,071,627	$33.12	$300M	+6,024	+$27M
AXS, Axis Capital	1.33%, was 1.45%	Reduce −6.4%	5,543,905	$54.17	$300M	−378,756	+$9.2M
BMY, Bristol Myers Squibb	1.23%, was 1.41%	Reduce −3.3%	3,860,572	$71.95	$278M	−131,559	−$6M
NRG, NRG Energy	1.18%, was 3.16%	Reduce −49.7%	8,352,024	$31.82	$266M	−8,252,613	−$370M
JPM, JPMorgan Chase	1.14%, was 0.99%	Add +0.1%	1,914,785	$134.10	$257M	+2,307	+$57M
VOYA, Voya Financial	1.14%, was 1.35%	Reduce −7.1%	4,172,982	$61.49	$257M	−320,570	−$15M
MGA, Magna International	1.02%	New	4,096,785	$56.18	$230M	+4,096,785	+$230M
MHK, Mohawk Industries	0.91%, was 0.92%	Reduce −0.3%	2,021,401	$102.22	$207M	−6,168	+$22M
CAH, Cardinal Health	0.87%, was 0.90%	Reduce −6.7%	2,547,552	$76.87	$196M	−183,203	+$14M
GS, Goldman Sachs	0.83%	Reduce −4.0%	544,422	$343.38	$187M	−22,574	+$21M
TEX, Terex	0.78%	Reduce −5.3%	4,105,227	$42.72	$175M	−231,166	+$46M
CNO, Cno Financial Group	0.77%, was 0.61%	Add +11.1%	7,627,617	$22.85	$174M	+761,752	+$51M
ORCL, Oracle	0.74%	Reduce −1.4%	2,043,729	$81.74	$167M	−28,252	+$41M
SHEL, Shell	0.69%, was 0.71%	Reduce −4.4%	2,750,063	$56.95	$157M	−126,403	+$13M
CI, Cigna	0.63%, was 0.57%	Add +3.7%	431,116	$331.34	$143M	+15,521	+$28M
PFE, Pfizer	0.63%	Reduce −3.8%	2,759,833	$51.24	$141M	−109,519	+$16M
OLN, Olin	0.62%	Reduce −3.6%	2,627,751	$52.94	$139M	−98,014	+$22M
AMGN, Amgen	0.59%, was 0.56%	Add +2.0%	509,626	$262.64	$134M	+10,094	+$21M
Gap	0.54%	Reduce −7.5%	10,857,596	$11.28	$122M	−880,567	+$26M
AXTA, Axalta Coating Systems	0.52%	Reduce −4.2%	4,646,839	$25.47	$118M	−205,126	+$16M
JNJ, Johnson & Johnson	0.50%, was 0.52%	Reduce −0.2%	634,004	$176.65	$112M	−1,340	+$8.2M
FLEX, Flextronics	0.48%, was 0.62%	Reduce −32.5%	5,055,347	$21.46	$108M	−2,429,951	−$16M
WBS, Webster Financial	0.46%, was 0.50%	Reduce −2.4%	2,196,059	$47.34	$104M	−52,892	+$2.3M
XOM, Exxon Mobil	0.44%, was 0.90%	Reduce −56.2%	905,060	$110.30	$100M	−1,159,626	−$80M
ELV, Elevance Health	0.43%	Reduce −0.2%	191,700	$512.97	$98M	−292	+$11M
FTI, Technipfmc	0.40%, was 1.11%	Reduce −72.0%	7,374,728	$12.19	$90M	−18,993,002	−$133M
EPAC	0.38%	Reduce −12.2%	3,398,059	$25.45	$86M	−474,186	+$17M
GD, General Dynamics	0.38%	Hold	345,499	$248.11	$86M	—	—
JELD, Jeld-Wen	0.37%, was 0.38%	Reduce −1.3%	8,684,811	$9.65	$84M	−111,298	+$6.8M
BAP, Credicorp	0.36%, was 0.22%	Add +65.0%	600,199	$135.66	$81M	+236,494	+$37M
UBS	0.36%	Reduce −11.6%	4,356,997	$18.67	$81M	−574,420	+$9.8M
BDC, Belden	0.35%, was 0.40%	Reduce −16.7%	1,107,617	$71.90	$80M	−221,812	−$154K
DAN, Dana	0.35%	Reduce −9.1%	5,207,116	$15.13	$79M	−519,924	+$13M
OEC, Orion Engineered Carbons	0.34%	Reduce −4.3%	4,343,557	$17.81	$77M	−193,756	+$17M
Steelcase	0.33%, was 0.30%	Add +14.6%	10,607,518	$7.07	$75M	+1,353,472	+$15M
MTZ, Mastec	0.33%	Reduce −2.9%	872,571	$85.33	$74M	−26,238	+$17M
ONB, Old National Bancorp	0.33%, was 0.35%	Reduce −4.6%	4,108,101	$17.98	$74M	−199,986	+$2.9M
ASB, Associated Banc-Corp	0.32%, was 0.37%	Reduce −15.6%	3,110,151	$23.09	$72M	−572,962	−$2.1M
BIDU, Baidu	0.31%, was 0.44%	Reduce −17.5%	618,622	$114.38	$71M	−131,161	−$17M
CLS, Celestica	0.31%	Reduce −9.9%	6,188,544	$11.27	$70M	−683,536	+$12M
Masonite International	0.30%, was 0.16%	Add +80.5%	830,512	$80.61	$67M	+370,355	+$34M
MS, Morgan Stanley	0.29%, was 0.30%	Reduce −0.6%	758,658	$85.02	$65M	−4,855	+$4.2M
MRC Global	0.28%	Reduce −1.0%	5,422,342	$11.58	$63M	−56,832	+$23M
SPB, Spectrum Brands	0.27%	Reduce −6.9%	986,135	$60.92	$60M	−73,521	+$19M
Umpqua	0.26%, was 0.29%	Reduce −4.4%	3,298,180	$17.85	$59M	−152,226	−$94K
KEY, Keycorp	0.25%, was 0.27%	Reduce −2.2%	3,307,382	$17.42	$58M	−73,809	+$3.4M
TSM, Taiwan Semiconductor	0.25%, was 0.15%	Add +69.1%	755,008	$74.49	$56M	+308,603	+$26M
RGA, Reinsurance Group Of America	0.25%, was 0.28%	Reduce −11.7%	393,179	$142.09	$56M	−51,909	−$130K
TRS, Trimas	0.24%, was 0.21%	Add +15.2%	1,934,414	$27.74	$54M	+254,948	+$12M
RF, Regions Financial	0.23%, was 0.33%	Reduce −26.6%	2,446,181	$21.56	$53M	−885,981	−$14M
Juniper Networks	0.23%	Hold	1,624,538	$31.96	$52M	—	—
CBRE, CBRE Group	0.23%	Reduce −0.3%	672,992	$76.96	$52M	−2,147	+$6.2M
DRH	0.23%, was 0.24%	Reduce −2.7%	6,313,155	$8.19	$52M	−175,971	+$3M
GMS	0.22%	Reduce −4.1%	1,009,428	$49.80	$50M	−43,231	+$8.2M
WSFS, Wsfs Financial	0.22%, was 0.26%	Reduce −3.4%	1,098,216	$45.34	$50M	−38,760	−$3M
Argo Group International	0.22%, was 0.12%	Add +47.2%	1,891,939	$25.85	$49M	+606,520	+$24M
Rev Group	0.21%, was 0.22%	Reduce −4.1%	3,833,025	$12.62	$48M	−162,676	+$4.3M
IVZ, Invesco	0.21%	Reduce −1.8%	2,638,074	$17.99	$47M	−47,068	+$11M
ADNT, Adient	0.21%, was 0.15%	Add +23.4%	1,352,640	$34.69	$47M	+256,880	+$17M
AIG, American International Group	0.20%, was 0.18%	Add +2.6%	997,069	$45.62	$45M	+25,473	+$9.3M
SCSC, Scansource	0.20%, was 0.21%	Reduce −3.0%	1,541,255	$29.22	$45M	−47,021	+$3.1M
FBIN, Fortune Brands Innovations	0.20%	New	782,473	$57.11	$45M	+782,473	+$45M
FITB, Fifth Third Bancorp	0.19%, was 0.22%	Reduce −2.6%	1,339,388	$32.81	$44M	−36,143	−$17K
TBI, Trueblue	0.19%, was 0.21%	Reduce −1.1%	2,205,832	$19.58	$43M	−24,151	+$642K
UVSP, Univest Financial	0.19%, was 0.20%	Reduce −3.3%	1,641,462	$26.13	$43M	−55,536	+$3M
Hope Bancorp	0.19%, was 0.21%	Reduce −0.9%	3,271,601	$12.81	$42M	−30,322	+$173K
AHQ	0.18%, was 0.19%	Reduce −3.0%	838,198	$48.86	$41M	−26,198	+$3M
HSIC, Henry Schein	0.17%	Reduce −2.5%	492,465	$79.87	$39M	−12,473	+$6.1M
FNF, Fidelity National Financial	0.17%, was 0.08%	Add +145.9%	1,043,473	$37.62	$39M	+619,196	+$24M
UVV, Universal	0.17%	Reduce −2.6%	728,489	$52.81	$38M	−19,779	+$4M
TXT, Textron	0.17%	Reduce −1.4%	538,918	$70.80	$38M	−7,757	+$6.3M
USNA, Usana Health Sciences	0.17%, was 0.20%	Reduce −0.6%	716,881	$53.20	$38M	−4,654	−$2.3M
MSCI	0.17%	Hold	457,692	$81.70	$37M	—	—
Interpublic Group Of Companies	0.16%, was 0.12%	Add +18.2%	1,109,575	$33.31	$37M	+170,653	+$13M
GL, Globe Life	0.14%, was 0.12%	Add +8.4%	261,898	$120.55	$32M	+20,228	+$7.5M
ABEV, Ambev	0.14%	Add +16.1%	11,397,027	$2.72	$31M	+1,576,403	+$3.2M
IBN, Icici Bank	0.13%, was 0.16%	Reduce −12.9%	1,378,197	$21.89	$30M	−204,081	−$3M
HOFT, Hooker Furnishings	0.13%	Reduce −2.0%	1,593,354	$18.70	$30M	−33,256	+$7.9M
Moog	0.13%	Reduce −2.7%	329,574	$87.76	$29M	−9,024	+$5.1M
CSCO, Cisco	0.12%	Hold	588,508	$47.64	$28M	—	—
Holding	0.12%	Add +2.5%	1,969,236	$13.41	$26M	+47,513	+$867K
ARW, Arrow Electronics	0.11%	Hold	233,547	$104.57	$24M	—	—
VREX, Varex Imaging	0.11%, was 0.13%	Reduce −4.7%	1,190,066	$20.30	$24M	−58,735	−$2.2M
SHG	0.11%, was 0.08%	Add +18.9%	864,876	$27.93	$24M	+137,460	+$7.4M
MDU Resources Group	0.10%	Hold	781,895	$30.34	$24M	—	—
Genpact	0.10%	Hold	505,174	$46.32	$23M	—	—
Technip Energies	0.09%	Reduce −0.4%	1,230,659	$15.64	$19M	−5,496	+$5.4M
Motorcar Parts Of America	0.08%, was 0.14%	Reduce −14.1%	1,577,618	$11.86	$19M	−259,305	−$9.2M
VNO, Vornado Realty Trust	0.07%	Hold	717,193	$20.81	$15M	—	—
KOP, Koppers	0.06%, was 0.04%	Add +16.0%	503,296	$28.20	$14M	+69,596	+$5.2M
SNA, Snap-On	0.06%	Hold	56,187	$228.49	$13M	—	—
ETR, Entergy	0.06%	Hold	110,570	$112.50	$12M	—	—
VZ, Verizon	0.04%	Add +1.1%	232,535	$39.40	$9.2M	+2,582	+$431K
MBC, Masterbrand	0.03%	New	779,649	$7.55	$5.9M	+779,649	+$5.9M
Holding	0.02%	Add +9.2%	4,398	$1,093	$4.8M	+371	+$1.1M
Holding	0.02%	Add +16.0%	124,859	$33.96	$4.2M	+17,200	+$1M
Holding	0.02%	Reduce −13.3%	73,583	$54.47	$4M	−11,315	+$900K
BABA, Alibaba	0.02%	Add +14.3%	44,799	$88.09	$3.9M	+5,615	+$812K
Holding	0.02%	Hold	596,073	$6.50	$3.9M	—	—
Holding	0.02%, was 0.01%	Add +11.8%	242,119	$14.93	$3.6M	+25,533	+$927K
CIG	0.02%	Reduce −0.9%	1,727,211	$2.03	$3.5M	−15,262	−$14K
Holding	0.01%	Add +58.9%	497,315	$6.68	$3.3M	+184,300	+$1.4M
Sasol	0.01%	Add +49.1%	200,285	$15.71	$3.1M	+65,998	+$1M
Holding	0.01%	Hold	86,162	$31.09	$2.7M	—	—
Holding	0.01%	Hold	107,054	$16.19	$1.7M	—	—
ITUB	0.01%	Hold	343,744	$4.71	$1.6M	—	—
Holding	0.01%	Hold	123,360	$12.42	$1.5M	—	—
NOK, Nokia Oyj	0.01%	Add +156.7%	292,950	$4.64	$1.4M	+178,844	+$872K
Tesco	0.01%	Add +93.7%	163,264	$8.08	$1.3M	+78,996	+$743K
KB	0.01%	Hold	33,522	$38.66	$1.3M	—	—
Holding	0.00%	Add +97.9%	84,525	$12.38	$1M	+41,822	+$526K
Holding	0.00%	Hold	180,465	$5.08	$917K	—	—
Holding	0.00%	Hold	139,730	$6.32	$883K	—	—
EXEL, Exelixis	0.00%	Add +145.0%	50,647	$16.04	$812K	+29,978	+$488K
Landstar System	0.00%	Add +201.2%	4,665	$162.90	$760K	+3,116	+$536K
META, Meta Platforms	0.00%	Add +85.6%	6,268	$120.34	$754K	+2,890	+$296K
BCS, Barclays	0.00%	Add +71.5%	96,588	$7.80	$753K	+40,283	+$393K
CACI	0.00%	Add +165.6%	2,497	$300.59	$751K	+1,557	+$506K
LPLA, LPL Financial	0.00%	Add +65.7%	3,434	$216.17	$742K	+1,362	+$289K
Holding	0.00%	Reduce −2.0%	24,640	$28.70	$707K	−504	+$34K
ITRN, Ituran Location And Control	0.00%	Hold	26,625	$21.13	$563K	—	—
CMCSA, Comcast	0.00%	Add +37.0%	15,764	$34.97	$551K	+4,254	+$213K
QRVO, Qorvo	0.00%	Add +35.5%	5,751	$90.64	$521K	+1,506	+$184K
IAC, IAC Inc	0.00%	Add +53.0%	11,207	$44.40	$498K	+3,883	+$92K
INTC, Intel	0.00%	Add +36.2%	14,478	$26.43	$383K	+3,846	+$109K
IPGP, IPG Photonics	0.00%	Reduce −8.8%	3,825	$94.67	$362K	−367	+$8K
SIRI, Sirius XM	0.00%	Add +160.9%	54,041	$5.84	$316K	+33,326	+$198K
SWKS, Skyworks Solutions	0.00%	Reduce −10.8%	2,980	$91.13	$272K	−362	−$13K
BKR, Baker Hughes	0.00%, was 0.01%	Reduce −86.0%	7,613	$29.53	$225K	−46,641	−$912K
DELL, Dell Technologies	0.00%	Reduce −34.6%	4,979	$40.22	$200K	−2,639	−$60K
F, Ford	0.00%	Hold	14,961	$11.63	$174K	—	—
Holding	0.00%	Hold	45,362	$0.0100	$454	—	—

Showing top 50 of 158 by value

Exits / last held

Gone since 2022 Q3, shown at their last reported size.

Stock	% of portfolio	Recent activity	Reported price*	Value	Share change	$ change
Ryder System	0.13%	Exit	$75.49	$26M	−341,544	−$26M
SMCI, Super Micro Computer	0.11%	Exit	$55.07	$22M	−396,954	−$22M
VFC, V.F.	0.07%	Exit	$29.91	$14M	−458,387	−$14M
Holding	0.01%	Exit	$61.68	$1.7M	−26,847	−$1.7M
Valaris	—	Exit	$0.9790	$979K	−1,000,000	−$979K
Latam Finance	—	Exit	$0.9710	$971K	−1,000,000	−$971K
Cez As Unspon	—	Exit	$17.15	$830K	−48,389	−$830K
BIIB, Biogen	—	Exit	$267.20	$637K	−2,384	−$637K
Reunert Limited Unspon	—	Exit	$4.82	$617K	−127,975	−$617K
MEDP, Medpace	—	Exit	$157.11	$608K	−3,870	−$608K
MRK, Merck	—	Exit	$86.07	$553K	−6,425	−$553K
REGN, Regeneron	—	Exit	$688.92	$547K	−794	−$547K
COR, Amerisourcebergen	—	Exit	$135.38	$525K	−3,878	−$525K
HUM, Humana	—	Exit	$485.78	$410K	−844	−$410K
LRCX, Lam Research	—	Exit	$366.33	$322K	−879	−$322K
WSM, Williams-Sonoma	—	Exit	$117.73	$320K	−2,718	−$320K
DGX, Quest Diagnostics	—	Exit	$122.58	$241K	−1,966	−$241K
PLTK, Playtika	—	Exit	$9.41	$218K	−23,178	−$218K
Nextier Oilfield Solutions	—	Exit	$7.39	$165K	−22,331	−$165K
Holding	—	Exit	$6.35	$148K	−23,319	−$148K

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