PI

Pzena Investment Management LLC

Diversified strategySector-focusedMomentum follower

Total reported value

$30.8B

Reporting period: 2026-03-31 · Number of holdings: 192

PZENA INVESTMENT MANAGEMENT LLC disclosed 192 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $30.8B and a quarterly turnover rate of 20.0%.

Personality snowflake

Concentration
9.38
Portfolio Stability
20.01
Momentum/Contrarian
100
Sector conviction
100
Diversification
100
Sizing Uniformity
83.49

Recent moves

  • Trim DG

    -35.4%　-$598.6M

  • Trim COF

    -8.8%　-$381.3M

  • Add TSN

    +12.1%　$201.7M

  • Trim C

    -23.0%　-$311.5M

  • Trim UBS

    -10.8%　-$284.8M

  • Add DOW

    -31.4%　$143.3M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 158 holdings (of 192 total)

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1MGAMagna International INCStock-Consumer Disc6.39%+0.01%-13.00%
2CTSHCognizant Tech Solutions-aStock-Tech4.04%-0.34%+14.94%
3TSNTyson Foods Inc-cl AStock-Consumer Staples3.57%+0.88%+12.05%
4BAXBaxter International INCStock-Healthcare3.52%-0.49%-7.88%
5BMYBristol-myers Squibb CoStock-Healthcare3.37%+0.47%-4.72%
6CVSCvs Health CORPStock-Healthcare3.21%-0.49%-11.61%
7HUMHumana INCStock-Healthcare3.08%-0.04%+34.35%
8CCitigroup INCStock-Financials3.01%-0.70%-22.98%
9SWKSSkyworks Solutions INCStock-Tech2.80%+0.40%+27.57%
10COFCapital One Financial CORPStock-Financials2.71%-0.93%-8.78%
11DOXAmdocs LimitedStock-Tech2.69%-0.21%+5.35%
12DGDollar General CORPStock-Consumer Staples2.66%-1.58%-35.40%
13LEALear CORPStock-Consumer Disc2.66%+0.10%-9.49%
14UBSUBS Group AGStock-Financials2.65%-0.64%-10.85%
15METMetlife INCStock-Financials2.60%-0.21%-4.88%
16PPGPpg Industries INCStock-Materials2.60%+0.42%+5.35%
17DOWDow INCStock-Materials2.56%+0.63%-31.42%
18GPNGlobal Payments INCStock-Industrials2.54%-0.10%+1.80%
19NOVNov INCStock-Energy2.29%+0.32%-10.98%
20WFCWells Fargo & CoStock-Financials2.27%-0.51%-12.10%
21SSNCSs&c Technologies HoldingsStock-Tech2.13%-0.57%-5.96%
22CRBGCorebridge Financial INCStock-Financials2.10%-0.03%+14.44%
23NOKNokia Corp-spon AdrStock-Tech1.66%-0.12%-31.02%
24ACNAccenture plcStock-Tech1.55%+0.50%+83.96%
25PVHPvh CORPStock-Consumer Disc1.31%—-6.87%
26AVTAvnet INCStock-Tech1.14%—-19.12%
27UHSUniversal Health Services-bStock-Healthcare1.11%-0.27%-9.48%
28FMSFresenius Medical Care-adrStock-Other1.10%—+2.03%
29BACBank Of America CORPStock-Financials1.02%-0.05%-0.88%
30BAPCredicorp Ltd.Stock-Financials1.00%—-14.68%
31SHELShell Plc-adrStock-Energy0.97%+0.25%-2.47%
32MDTMedtronic plcStock-Healthcare0.89%-0.04%-1.92%
33VOYAVoya Financial INCStock-Financials0.81%—+1.29%
34AAPAdvance Auto Parts INCStock-Consumer Disc0.74%+0.27%+8.24%
35KSPIJsc Kaspi.kz AdrStock-Other0.64%—-1.23%
36ZTOZto Express Cayman Inc-adrStock-Other0.61%+0.14%-1.58%
37DALDelta Air Lines INCStock-Industrials0.61%—-5.87%
38LKQLkq CORPStock-Consumer Disc0.59%+0.19%+42.23%
39SPBSpectrum Brands Holdings INCStock-Other0.56%+0.14%-2.64%
40PFEPfizer INCStock-Healthcare0.54%—-9.22%
41EQHEquitable Holdings INCStock-Financials0.54%-0.08%+3.21%
42NWLNewell Brands INCStock-Consumer Staples0.53%—-4.43%
43HALHalliburton CoStock-Energy0.51%—-23.75%
44CITHE Cigna GroupStock-Healthcare0.50%—+1.33%
45KTKt Corp-sp AdrStock-Other0.50%+0.50%NEW
46RHIRobert Half INCStock-Industrials0.49%+0.13%+35.77%
47GLGlobe Life INCStock-Financials0.46%—+5.14%
48GLOBGlobant S.A.Stock-Tech0.44%+0.44%NEW
49CDWCdw Corp/deStock-Tech0.44%+0.44%NEW
50OLNOlin CORPStock-Materials0.43%+0.15%-1.69%
1–50 of 158

Holding changes this quarter

Pzena Investment Management LLC's most significant position changes for 2026-03-31: New buy: Kt Corp-sp Adr (KT); New buy: Globant S.A. (GLOB); New buy: Cdw Corp/de (CDW); New buy: The Magnum Ice Cream Company N. (MICC); Sold out: Comerica INC (CMA).

Position changes disclosed by Pzena Investment Management LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1TSNTyson Foods Inc-cl A+0.9%+12.05%Add
2DOWDow INC+0.6%-31.42%Trim
3ACNAccenture plc+0.5%+83.96%Add
4BMYBristol-myers Squibb Co+0.5%-4.72%Trim
5PPGPpg Industries INC+0.4%+5.35%Add
6SWKSSkyworks Solutions INC+0.4%+27.57%Add
7NOVNov INC+0.3%-10.98%Trim
8AAPAdvance Auto Parts INC+0.3%+8.24%Add
9SHELShell Plc-adr+0.3%-2.47%Trim
10LKQLkq CORP+0.2%+42.23%Add
11OLNOlin CORP+0.2%-1.69%Trim
12SPBSpectrum Brands Holdings INC+0.1%-2.64%Trim
13ZTOZto Express Cayman Inc-adr+0.1%-1.58%Trim
14TFXTeleflex INC+0.1%+84.24%Add
15RHIRobert Half INC+0.1%+35.77%Add
16MMIMarcus & Millichap INC+0.1%+227.64%Add
17FITBFifth Third Bancorp+0.1%+74.43%Add
18LEALear CORP+0.1%-9.49%Trim
19XOMExxon Mobil CORP+0.1%-6.60%Trim
20MGAMagna International INC0%-13.00%Trim
21CRBGCorebridge Financial INC0%+14.44%Add
22HUMHumana INC0%+34.35%Add
23MDTMedtronic plc0%-1.92%Trim
24BACBank Of America CORP-0.1%-0.88%Trim
25EQHEquitable Holdings INC-0.1%+3.21%Add
26GPNGlobal Payments INC-0.1%+1.80%Add
27CNXCConcentrix CORP-0.1%+0.55%Add
28NOKNokia Corp-spon Adr-0.1%-31.02%Trim
29TELTE Connectivity plc-0.1%-25.61%Trim
30GDGeneral Dynamics CORP-0.2%-63.38%Trim
31DOXAmdocs Limited-0.2%+5.35%Add
32METMetlife INC-0.2%-4.88%Trim
33WBSWebster Financial CORP-0.2%-75.24%Trim
34UHSUniversal Health Services-b-0.3%-9.48%Trim
35CTSHCognizant Tech Solutions-a-0.3%+14.94%Add
36BAXBaxter International INC-0.5%-7.88%Trim
37CVSCvs Health CORP-0.5%-11.61%Trim
38WFCWells Fargo & Co-0.5%-12.10%Trim
39SSNCSs&c Technologies Holdings-0.6%-5.96%Trim
40UBSUBS Group AG-0.6%-10.85%Trim
41CCitigroup INC-0.7%-22.98%Trim
42COFCapital One Financial CORP-0.9%-8.78%Trim
43DGDollar General CORP-1.6%-35.40%Trim
44KTKt Corp-sp Adr—NEWNew buy
45GLOBGlobant S.A.—NEWNew buy
46CDWCdw Corp/de—NEWNew buy
47MICCThe Magnum Ice Cream Company N.—NEWNew buy
48CMAComerica INC—EXITSold out
49MLKNMillerknoll INC—NEWNew buy
50CHTRCharter Communications Inc-a—EXITSold out

FAQ

What is Pzena Investment Management LLC and what type of investor is it?
Pzena Investment Management LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $30.8B, spread across 192 disclosed positions.
What are Pzena Investment Management LLC's largest equity positions?
Based on the latest 13F filing, Pzena Investment Management LLC's top holdings by market value are: 1. Magna International INC (MGA) — $2.0B (6.4%) 2. Cognizant Tech Solutions-a (CTSH) — $1.2B (4.0%) 3. Tyson Foods Inc-cl A (TSN) — $1.1B (3.6%) 4. Baxter International INC (BAX) — $1.1B (3.5%) 5. Bristol-myers Squibb Co (BMY) — $1.0B (3.4%)
What changes did Pzena Investment Management LLC make in its most recent portfolio filing?
In the latest reported quarter, Pzena Investment Management LLC made 50 notable position adjustments: 5 new positions were initiated, 17 existing holdings were added to, 26 positions were partially reduced, and 2 were completely exited. The largest of these moves: New buy: Kt Corp-sp Adr (KT); New buy: Globant S.A. (GLOB); New buy: Cdw Corp/de (CDW); New buy: The Magnum Ice Cream Company N. (MICC); Sold out: Comerica INC (CMA)
What sectors does Pzena Investment Management LLC focus on?
Pzena Investment Management LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Health Care: 50.4% • Financials: 43.6% • Information Technology: 1.6% • Energy: 1.6% • Consumer Staples: 1.3% • Communication Services: 0.9%