Richard Pzena, Pzena Investment Management

Portfolio USD 34,064,672,000 across 159 positions as of 2026 Q2; history from 2024 Q1. Source: quarterly 13F filings via dataroma.com.

Positions, 2026 Q2

• MGA Magna International Inc.: 6.5% of portfolio, USD 2,227,312,000, reduce -5.71%
• HUM Humana Inc.: 5.1% of portfolio, USD 1,749,013,000, reduce -19.52%
• BAX Baxter International Inc.: 4.1% of portfolio, USD 1,392,098,000, add +1.19%
• CVS CVS Health Corp.: 3.6% of portfolio, USD 1,217,558,000, reduce -14.55%
• DG Dollar General: 3.5% of portfolio, USD 1,176,662,000, add +48.2%
• SWKS Skyworks Solutions Inc.: 3.2% of portfolio, USD 1,082,972,000, reduce -0.84%
• CTSH Cognizant Technology Solutions: 3.0% of portfolio, USD 1,027,475,000, add +30.93%
• BMY Bristol-Myers Squibb: 2.9% of portfolio, USD 979,945,000, reduce -0.52%
• TSN Tyson Foods: 2.9% of portfolio, USD 974,203,000, reduce -0.81%
• CRBG Corebridge Financial Inc.: 2.8% of portfolio, USD 967,399,000, add +24.94%
• PPG PPG Industries: 2.8% of portfolio, USD 946,964,000, add +4.4%
• MET MetLife Inc.: 2.8% of portfolio, USD 941,793,000, reduce -1.53%
• COF Capital One Financial: 2.7% of portfolio, USD 921,632,000, add +0.3%
• UBS UBS AG: 2.7% of portfolio, USD 905,521,000, reduce -14.84%
• LEA Lear Corp.: 2.6% of portfolio, USD 889,946,000, reduce -1.78%
• GPN Global Payments Inc.: 2.5% of portfolio, USD 848,344,000, add +0.65%
• C Citigroup Inc.: 2.3% of portfolio, USD 776,609,000, reduce -32.13%
• WFC Wells Fargo: 2.1% of portfolio, USD 729,502,000, add +0.62%
• DOX Amdocs Ltd.: 2.1% of portfolio, USD 706,818,000, add +10.28%
• SSNC SS&C Technologies Holdings Inc.: 2.0% of portfolio, USD 684,819,000, add +13.79%
• NOV Nov Inc.: 2.0% of portfolio, USD 674,776,000, reduce -3.09%
• ACN Accenture: 1.9% of portfolio, USD 639,893,000, add +113.75%
• PVH PVH Corp.: 1.3% of portfolio, USD 444,570,000, add +3.77%
• LKQ LKQ Corp.: 1.2% of portfolio, USD 398,696,000, add +142.94%
• CDW CDW Corp.: 1.1% of portfolio, USD 371,135,000, add +136.56%
• BAC Bank of America Corp.: 1.1% of portfolio, USD 359,564,000, reduce -1.75%
• DOW Dow Inc.: 1.0% of portfolio, USD 342,192,000, reduce -33.99%
• FMS Fresenius Medical Care AG & Co KCaG: 1.0% of portfolio, USD 338,971,000, reduce -0.4%
• BAP Credicorp Ltd.: 1.0% of portfolio, USD 325,911,000, reduce -8.28%
• VOYA Voya Financial Inc.: 0.9% of portfolio, USD 319,539,000, reduce -3.91%
• NWL Newell Brands Inc.: 0.9% of portfolio, USD 294,663,000, add +0.39%
• UHS Universal Health Services Inc.: 0.9% of portfolio, USD 292,819,000, add +2.99%
• AVT Avnet Inc.: 0.8% of portfolio, USD 277,153,000, reduce -45.18%
• AAP Advance Auto Parts: 0.8% of portfolio, USD 273,115,000, add +2.06%
• KSPI Jsc Kaspi.kz ADR: 0.8% of portfolio, USD 266,148,000, add +14.95%
• MDT Medtronic plc: 0.7% of portfolio, USD 246,268,000, reduce -0.29%
• DAL Delta Air Lines Inc.: 0.7% of portfolio, USD 245,268,000, reduce -6.73%
• EQH Equitable Holdings Inc.: 0.7% of portfolio, USD 244,052,000, add +24.58%
• GL Globe Life Inc.: 0.7% of portfolio, USD 242,256,000, add +32.11%
• WDAY Workday Inc.: 0.7% of portfolio, USD 241,323,000, new
• SPB Spectrum Brands Holdings Inc.: 0.6% of portfolio, USD 207,584,000, add +3.52%
• MICC Magnum Ice Cream Co NV: 0.6% of portfolio, USD 201,109,000, add +87.6%
• SHEL Shell plc: 0.6% of portfolio, USD 200,150,000, reduce -19.25%
• RHI Robert Half International: 0.6% of portfolio, USD 191,025,000, add +4.28%
• ZTO ZTO Express: 0.5% of portfolio, USD 163,874,000, reduce -1.86%
• MBC Masterbrand Inc: 0.5% of portfolio, USD 157,740,000, add +301.93%
• CI Cigna Group: 0.5% of portfolio, USD 154,942,000, reduce -2.84%
• CSCO Cisco Systems: 0.4% of portfolio, USD 150,505,000, reduce -2.09%
• PFE Pfizer Inc.: 0.4% of portfolio, USD 143,491,000, add +0.57%
• MHK Mohawk Industries: 0.4% of portfolio, USD 138,661,000, reduce -0.87%
• HAL Halliburton Co.: 0.4% of portfolio, USD 133,278,000, reduce -3.48%
• BEKE KE Holdings Inc.: 0.4% of portfolio, USD 128,992,000, new
• KT KT Corp.: 0.4% of portfolio, USD 125,911,000, add +1.55%
• CNO CNO Financial Group Inc.: 0.4% of portfolio, USD 124,476,000, reduce -1.18%
• TEL TE Connectivity plc: 0.3% of portfolio, USD 112,022,000, reduce -8%
• GLOB Globant S.A.: 0.3% of portfolio, USD 111,700,000, add +30.01%
• JPM JPMorgan Chase & Co.: 0.3% of portfolio, USD 109,359,000, reduce -0.94%
• ST Sensata Technologies Holding: 0.3% of portfolio, USD 107,506,000, reduce -35.33%
• MS Morgan Stanley: 0.3% of portfolio, USD 95,007,000, reduce -4.59%
• G Genpact Ltd.: 0.3% of portfolio, USD 91,288,000, add +353.46%
• FITB Fifth Third Bancorp: 0.3% of portfolio, USD 89,333,000, reduce -3.12%
• ARCO Arcos Dorados Holdings Inc.: 0.3% of portfolio, USD 87,083,000, add +0.59%
• ELV Elevance Health Inc.: 0.3% of portfolio, USD 86,850,000, add +2%
• DIS Walt Disney Co.: 0.3% of portfolio, USD 85,036,000, add +879.28%
• STZ Constellation Brands: 0.2% of portfolio, USD 83,359,000, add +0.59%
• XOM ExxonMobil Holdings Corp.: 0.2% of portfolio, USD 80,589,000, reduce -4.49%
• ABM ABM Industries: 0.2% of portfolio, USD 79,995,000, add +18.73%
• OLN Olin Corp.: 0.2% of portfolio, USD 77,104,000, reduce -12.22%
• CNXC Concentrix Corp.: 0.2% of portfolio, USD 76,488,000, add +15.99%
• TFX Teleflex: 0.2% of portfolio, USD 76,462,000, reduce -13.72%
• PLOW Douglas Dynamics: 0.2% of portfolio, USD 74,703,000, reduce -13.08%
• ONB Old National Bancorp: 0.2% of portfolio, USD 73,647,000, add +5.56%
• HSIC Henry Schein Inc.: 0.2% of portfolio, USD 71,888,000, reduce -3.03%
• GPC Genuine Parts: 0.2% of portfolio, USD 69,841,000, add +3.11%
• ADNT Adient plc: 0.2% of portfolio, USD 69,311,000, add +3.73%
• COLB Columbia Banking System Inc.: 0.2% of portfolio, USD 68,245,000, add +4.73%
• WSFS WSFS Financial Corp.: 0.2% of portfolio, USD 68,174,000, add +1.13%
• MMI Marcus & Millichap Inc.: 0.2% of portfolio, USD 66,735,000, add +6.37%
• NOK Nokia Corp.: 0.2% of portfolio, USD 66,545,000, reduce -92.1%
• OSK Oshkosh Corp.: 0.2% of portfolio, USD 63,812,000, reduce -5.26%
• MLKN MillerKnoll Inc.: 0.2% of portfolio, USD 62,049,000, add +51.96%
• ASB Associated Banc-Corp: 0.2% of portfolio, USD 61,240,000, add +3.5%
• GOOGL Alphabet Inc.: 0.2% of portfolio, USD 61,166,000, hold
• SCSC ScanSource Inc.: 0.2% of portfolio, USD 57,807,000, add +21.52%
• KFY Korn Ferry: 0.2% of portfolio, USD 57,770,000, add +8.81%
• RF Regions Financial Corp.: 0.2% of portfolio, USD 55,563,000, hold
• HUN Huntsman Corp.: 0.2% of portfolio, USD 54,817,000, reduce -11.26%
• AEBI Aebi Schmidt Holding Ag: 0.2% of portfolio, USD 54,208,000, add +5.07%
• WGO Winnebago Industries Inc.: 0.2% of portfolio, USD 53,406,000, add +72.11%
• REZI Resideo Technologies Inc.: 0.2% of portfolio, USD 52,458,000, add +22.49%
• MBUU Malibu Boats Inc.: 0.1% of portfolio, USD 49,217,000, add +5.7%
• TGT Target Corp.: 0.1% of portfolio, USD 48,783,000, add +0.03%
• KOP Koppers Holdings Inc.: 0.1% of portfolio, USD 47,652,000, reduce -12.25%
• VREX Varex Imaging Corp.: 0.1% of portfolio, USD 45,312,000, add +8.82%
• HR Healthcare Realty Trust Inc.: 0.1% of portfolio, USD 44,887,000, hold
• MSM MSC Industrial Direct: 0.1% of portfolio, USD 44,447,000, reduce -15.96%
• SHG Shinhan Financial Group Company: 0.1% of portfolio, USD 42,344,000, reduce -3.07%
• HDB HDFC Bank Ltd.: 0.1% of portfolio, USD 41,676,000, add +6.18%
• CBRE CBRE Group: 0.1% of portfolio, USD 41,186,000, add +1.3%
• HVT Haverty Furniture: 0.1% of portfolio, USD 39,915,000, add +7.07%
• GD General Dynamics: 0.1% of portfolio, USD 38,461,000, add +1.03%
• HCA HCA Healthcare Inc.: 0.1% of portfolio, USD 37,663,000, add +2.48%
• DNOW NOW Inc.: 0.1% of portfolio, USD 37,528,000, reduce -6.52%
• GCO Genesco Inc.: 0.1% of portfolio, USD 37,104,000, add +1.68%
• KEY KeyCorp: 0.1% of portfolio, USD 36,811,000, reduce -3.73%
• UVSP Univest Financial Corp.: 0.1% of portfolio, USD 36,515,000, reduce -0.93%
• BFH Bread Financial Holdings Inc.: 0.1% of portfolio, USD 35,479,000, reduce -46.64%
• DRH DiamondRock Hospitality Co.: 0.1% of portfolio, USD 34,464,000, reduce -0.18%
• AIG American International Group: 0.1% of portfolio, USD 34,032,000, add +1.53%
• SOLV Solventum Corp: 0.1% of portfolio, USD 32,231,000, reduce -5.03%
• OEC Orion SA: 0.1% of portfolio, USD 31,638,000, add +3.74%
• NVST Envista Holdings Corp.: 0.1% of portfolio, USD 30,494,000, reduce -27.86%
• MYE Myers Indus: 0.1% of portfolio, USD 27,578,000, reduce -39.2%
• HOFT Hooker Furniture Corp.: 0.1% of portfolio, USD 27,505,000, add +11.89%
• ARW Arrow Electronics: 0.1% of portfolio, USD 26,712,000, reduce -40.69%
• USNA USANA Health Sciences: 0.1% of portfolio, USD 25,739,000, add +8.72%
• LDOS Leidos Holdings: 0.1% of portfolio, USD 25,521,000, reduce -0.04%
• WCC WESCO International Inc.: 0.1% of portfolio, USD 24,696,000, reduce -37.05%
• TBI TrueBlue Inc.: 0.1% of portfolio, USD 21,543,000, add +7.63%
• HELE Helen of Troy Ltd.: 0.1% of portfolio, USD 19,668,000, reduce -11.11%
• UVV Universal Corp.: 0.1% of portfolio, USD 18,963,000, add +10.32%
• MAN ManpowerGroup: <0.1% of portfolio, USD 11,857,000, hold
• ABEV Ambev S.A.: <0.1% of portfolio, USD 11,743,000, reduce -20.72%
• BIDU Baidu Inc.: <0.1% of portfolio, USD 4,740,000, reduce -14.95%
• KNX Knight-Swift Transportation: <0.1% of portfolio, USD 4,626,000, reduce -95.28%
• ING ING Group NV: <0.1% of portfolio, USD 2,978,000, add +17.6%
• BABA Alibaba Group Holdings: <0.1% of portfolio, USD 2,569,000, reduce -5.89%
• HSBC HSBC Holdings plc: <0.1% of portfolio, USD 2,240,000, reduce -1.65%
• TSM Taiwan Semiconductor S.A.: <0.1% of portfolio, USD 1,936,000, reduce -78.65%
• TTE TotalEnergies SE: 0.0% of portfolio, USD 1,506,000, reduce -0.01%
• PHG Koninklijke Philips Electronics NV: 0.0% of portfolio, USD 1,312,000, add +15.85%
• GSK GSK plc: 0.0% of portfolio, USD 1,285,000, add +30.2%
• EQNR Equinor ASA: 0.0% of portfolio, USD 1,199,000, reduce -5.75%
• SNY Sanofi Aventis: 0.0% of portfolio, USD 1,079,000, add +32.55%
• SAP SAP SE: 0.0% of portfolio, USD 1,010,000, new
• VALE Vale SA: 0.0% of portfolio, USD 889,000, reduce -68.7%
• SMFG Sumitomo Mitsui Spons ADR: 0.0% of portfolio, USD 880,000, add +14.67%
• KB Kb Financial Group Inc ADR: 0.0% of portfolio, USD 802,000, reduce -59.84%
• PBR.A Petroleo Brasil Sp Pref ADR: 0.0% of portfolio, USD 778,000, reduce -73.02%
• TAK Takeda Pharmaceutical Co. Ltd: 0.0% of portfolio, USD 606,000, add +33.36%
• BCS Barclays plc ADR: 0.0% of portfolio, USD 551,000, add +14.74%
• MT ArcelorMittal: 0.0% of portfolio, USD 493,000, reduce -55.57%
• ZBRA Zebra Technologies Corp.: 0.0% of portfolio, USD 358,000, new
• MRK Merck & Co.: 0.0% of portfolio, USD 323,000, hold
• HALO Halozyme Therapeutics: 0.0% of portfolio, USD 317,000, hold
• ORCL Oracle Corp.: 0.0% of portfolio, USD 304,000, new
• TOST Toast Inc.: 0.0% of portfolio, USD 304,000, new
• ADSK Autodesk Inc.: 0.0% of portfolio, USD 293,000, add +47.94%
• NVDA NVIDIA Corp.: 0.0% of portfolio, USD 289,000, new
• QRVO Qorvo Inc.: 0.0% of portfolio, USD 284,000, new
• MSFT Microsoft Corp.: 0.0% of portfolio, USD 282,000, reduce -0.92%
• GE GE Aerospace: 0.0% of portfolio, USD 275,000, hold
• EXPE Expedia Group Inc.: 0.0% of portfolio, USD 271,000, new
• WBS-OLD Webster Financial Corp.: 0.0% of portfolio, USD 244,000, reduce -99.22%
• CRM Salesforce.com: 0.0% of portfolio, USD 235,000, new
• ADBE Adobe Inc.: 0.0% of portfolio, USD 224,000, add +8.32%
• GEV Ge Vernova Inc: 0.0% of portfolio, USD 216,000, new
• STT State Street Corp.: 0.0% of portfolio, USD 209,000, new
• DOCU DocuSign Inc.: 0.0% of portfolio, USD 200,000, hold

Portfolio value, all published quarters

• 2024 Q1: USD 29,143,703,554
• 2024 Q2: USD 28,451,012,892
• 2024 Q3: USD 31,025,979,320
• 2024 Q4: USD 29,407,120,151
• 2025 Q1: USD 28,657,118,127
• 2025 Q2: USD 30,749,510,614
• 2025 Q3: USD 30,941,143,617
• 2025 Q4: USD 33,429,723,186
• 2026 Q1: USD 30,798,142,183
• 2026 Q2: USD 34,064,672,000