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Pzena Investment Management LLC

Form 13F · CIK 1027796. Holdings on 30 Sep 2026, as filed with the SEC on 30 Oct 2026, each set beside the June 2026 quarter. The 13F on the SEC's site.

Pzena Investment Management LLC reported 159 positions worth $34.1B for the September 2026 quarter, on a Form 13F filed 30 Oct 2026; the largest holding was Magna Intl Inc., at 5.6% of the fund.

What it bought and sold

The largest moves since the June 2026 quarter, by the dollars that moved: 9 opened, 50 added, 91 trimmed, 11 sold out.

New position: 9

CompanyValueChange in shares
GE HealthCare Technologies Inc. (GEHC)$82.1M+1,255,691
Adi Global Distr Inc. Com SHS (ADIG)$14.5M+810,268
BlackRock, Inc. (BLK)$338.7K+320
Sanmina Corp. (SANM)$325.8K+1,516
Jabil Inc. (JBL)$311.5K+1,086
Regeneron Pharmaceuticals, Inc. (REGN)$310.1K+409
L3Harris Technologies, Inc. (LHX)$265.2K+1,120
Southwest Gas Holdings, Inc. (SWX)$230.6K+2,828
Cirrus Logic, Inc. (CRUS)$228.1K+1,901

Added: 50

CompanyValueChange in shares
Accenture plc (ACN)$1.1B+912,506
Globe Life Inc. (GL)$576.3M+2,123,282
Ss&C Technologies Holdings Inc. (SSNC)$1.0B+2,057,251
Universal Health Services Inc. (UHS)$454.3M+637,894
Corebridge Financial, Inc. (CRBG)$1.1B+81,794
Microsoft Corp. (MSFT)$123.6M+240,238
Amdocs Ltd (DOX)$826.5M+469,581
LKQ Corp. (LKQ)$515.0M+7,414,573
Advance Auto Parts Inc. (AAP)$194.0M+596,952
Tyson Foods, Inc. (TSN)$897.9M+752,067

Trimmed: 91

CompanyValueChange in shares
Cognizant Technology Solutions Corp. (CTSH)$1.4B-1,713,537
Humana Inc. (HUM)$1.4B-753,790
CVS Health Corp. (CVS)$882.3M-1,472,633
Magna Intl Inc. (MGA)$1.9B-2,648,544
UBS Group AG (UBS)$617.4M-7,281,284
PPG Industries Inc. (PPG)$811.0M-33,800
Lear Corp. (LEA)$772.0M-97,597
Citigroup Inc. (C)$668.4M-386,495
Baxter International Inc. (BAX)$1.5B-2,869,757
Avnet Inc. (AVT)$172.0M-1,399,253

Sold out: 11

CompanyValue a quarter beforeChange in shares
Cisco Systems, Inc. (CSCO)$150.5M-1,281,329
Arcelormittal SA Luxembourg (MT)$492.6K-8,180
Zebra Technologies Corp. (ZBRA)$357.8K-1,359
Merck & Co., Inc. (MRK)$322.7K-2,511
Halozyme Therapeutics, Inc. (HALO)$316.9K-4,049
Toast, Inc. (TOST)$304.5K-10,945
Autodesk, Inc. (ADSK)$292.8K-1,506
Expedia Group, Inc. (EXPE)$271.2K-1,060
Webster Finl Corp. (WBS)$243.7K-3,189
Salesforce, Inc. (CRM)$235.3K-1,502

Largest holdings

The 100 largest of 159, by value.

CompanyValueOf the fundSharesChange in sharesMove
Magna Intl Inc. (MGA)$1.9B5.65%21,234,280-2,648,544Trimmed
Baxter International Inc. (BAX)$1.5B4.39%62,425,636-2,869,757Trimmed
Cognizant Technology Solutions Corp. (CTSH)$1.4B4.18%24,815,635-1,713,537Trimmed
Humana Inc. (HUM)$1.4B4.08%3,649,346-753,790Trimmed
Skyworks Solutions, Inc. (SWKS)$1.2B3.45%13,770,090-2,202,950Trimmed
Dollar General Corp. (DG)$1.2B3.40%9,695,783-526,277Trimmed
Corebridge Financial, Inc. (CRBG)$1.1B3.29%33,871,521+81,794Added
Accenture plc (ACN)$1.1B3.26%6,054,682+912,506Added
Ss&C Technologies Holdings Inc. (SSNC)$1.0B2.96%13,093,819+2,057,251Added
Metlife Inc. (MET)$995.4M2.92%10,571,702-559,281Trimmed
Global Payments Inc. (GPN)$929.2M2.73%11,377,172-314,453Trimmed
Tyson Foods, Inc. (TSN)$897.9M2.63%17,768,718+752,067Added
Bristol-Myers Squibb Co. (BMY)$888.9M2.61%14,244,839-2,762,205Trimmed
CVS Health Corp. (CVS)$882.3M2.59%10,296,903-1,472,633Trimmed
Capital One Financial Corp. (COF)$866.4M2.54%4,487,376-106,544Trimmed
Amdocs Ltd (DOX)$826.5M2.42%14,454,911+469,581Added
PPG Industries Inc. (PPG)$811.0M2.38%7,773,638-33,800Trimmed
Lear Corp. (LEA)$772.0M2.26%6,540,816-97,597Trimmed
Wells Fargo & Company (WFC)$708.7M2.08%8,853,784+26,316Added
NOV Inc. (NOV)$675.1M1.98%36,041,785-334,302Trimmed
Citigroup Inc. (C)$668.4M1.96%5,162,294-386,495Trimmed
UBS Group AG (UBS)$617.4M1.81%15,322,845-7,281,284Trimmed
Globe Life Inc. (GL)$576.3M1.69%3,479,093+2,123,282Added
LKQ Corp. (LKQ)$515.0M1.51%22,556,858+7,414,573Added
Universal Health Services Inc. (UHS)$454.3M1.33%2,607,221+637,894Added
PVH Corp. (PVH)$431.7M1.27%5,829,334-157,343Trimmed
CDW Corp. (CDW)$429.8M1.26%3,353,465+714,565Added
Fresenius Medical Care AG (FMS)$371.9M1.09%16,617,575+1,625,494Added
Workday, Inc. (WDAY)$330.1M0.97%1,733,006-238,264Trimmed
Dow Inc. (DOW)$327.9M0.96%11,904,775-602,236Trimmed
Voya Financial, Inc. (VOYA)$323.9M0.95%3,428,602-101,044Trimmed
Equitable Holdings, Inc. (EQH)$288.1M0.84%5,618,993+57,189Added
Bank of America Corp. (BAC)$275.3M0.81%5,057,710-1,252,653Trimmed
Medtronic plc (MDT)$265.7M0.78%3,078,785-69,214Trimmed
Kaspi KZ JSC (KSPI)$262.3M0.77%2,788,694-283,194Trimmed
Credicorp Ltd (BAP)$252.9M0.74%665,785-170,784Trimmed
Newell Brands Inc. (NWL)$246.7M0.72%46,720,744-1,269,920Trimmed
Shell plc (SHEL)$238.9M0.70%2,513,507-67,737Trimmed
Magnum Ice Cream Co. NV (MICC)$220.1M0.65%14,014,899+815,283Added
Robert Half Inc. (RHI)$198.6M0.58%5,405,276-817,029Trimmed
Advance Auto Parts Inc. (AAP)$194.0M0.57%4,986,453+596,952Added
Delta Air Lines, Inc. (DAL)$187.6M0.55%2,248,190-370,517Trimmed
Spectrum Brands Holdings, Inc. (SPB)$178.5M0.52%2,244,718-176,090Trimmed
KE Holdings Inc. (BEKE)$175.2M0.51%10,395,865+1,518,222Added
Pfizer Inc. (PFE)$172.6M0.51%6,050,227+91,305Added
Avnet Inc. (AVT)$172.0M0.51%1,721,142-1,399,253Trimmed
Globant S A (GLOB)$171.0M0.50%4,929,099+1,069,381Added
KT Corp. (KT)$144.1M0.42%7,605,620+319,120Added
Cigna Group (CI)$143.4M0.42%527,459-34,577Trimmed
Mohawk Industries Inc. (MHK)$137.8M0.40%1,105,087-37,754Trimmed
Halliburton Co. (HAL)$124.7M0.37%3,921,006-4,696Trimmed
Microsoft Corp. (MSFT)$123.6M0.36%240,993+240,238Added
Genpact Ltd. (G)$119.8M0.35%3,682,880+363,334Added
MasterBrand, Inc. (MBC)$119.2M0.35%17,027,986+1,698,503Added
JPMorgan Chase & Co. (JPM)$112.9M0.33%341,131+7,037Added
CNO Financial Group, Inc. (CNO)$109.2M0.32%2,064,300-377,365Trimmed
ZTO Express (Cayman) Inc. (ZTO)$108.2M0.32%5,571,479-1,750,852Trimmed
Walt Disney Co. (DIS)$107.9M0.32%1,028,728+145,233Added
TE Connectivity plc (TEL)$102.5M0.30%485,368-70,269Trimmed
Sensata Technologies Holding plc (ST)$91.2M0.27%2,194,533-57,374Trimmed
ExxonMobil Holdings Corp. (XOM)$90.7M0.27%557,484-31,965Trimmed
Elevance Health, Inc. (ELV)$90.6M0.27%233,128+8,553Added
ABM Industries Inc. (ABM)$90.5M0.27%1,880,964+72,761Added
Concentrix Corp. (CNXC)$85.0M0.25%3,408,338-5,541Trimmed
GE HealthCare Technologies Inc. (GEHC)$82.1M0.24%1,255,691+1,255,691New position
Fifth Third Bancorp (FITB)$79.7M0.23%1,576,035-8,722Trimmed
Genuine Parts Co. (GPC)$74.3M0.22%591,160-810Trimmed
Teleflex Inc. (TFX)$72.5M0.21%579,741-23,465Trimmed
Arcos Dorados Holdings Inc. (ARCO)$72.3M0.21%10,112,751-691,607Trimmed
Henry Schein Inc. (HSIC)$71.1M0.21%846,580-14,153Trimmed
Constellation Brands, Inc. (STZ)$70.6M0.21%624,443+25,129Added
Old National Bancorp (ONB)$67.6M0.20%2,743,919-99,578Trimmed
Resideo Technologies, Inc. (REZI)$67.2M0.20%3,699,890+2,013,125Added
Wsfs Financial Corp. (WSFS)$65.3M0.19%864,585-23,911Trimmed
Adient plc (ADNT)$62.9M0.18%3,736,939-34,087Trimmed
Olin Corp. (OLN)$61.5M0.18%3,966,952+76,748Added
Marcus & Millichap, Inc. (MMI)$59.8M0.17%2,101,884-39,117Trimmed
Korn Ferry (KFY)$59.7M0.17%834,540-33,140Trimmed
Columbia Banking System, Inc. (COLB)$59.6M0.17%2,084,555-44,767Trimmed
Millerknoll, Inc. (MLKN)$57.0M0.17%2,901,715-130,985Trimmed
Associated Banc-Corp (ASB)$55.8M0.16%1,949,305-40,938Trimmed
Scansource, Inc. (SCSC)$55.3M0.16%941,150-168,593Trimmed
Target Corp. (TGT)$54.4M0.16%347,376-26,127Trimmed
Douglas Dynamics, Inc. (PLOW)$53.6M0.16%1,366,141-18,539Trimmed
Oshkosh Corp. (OSK)$53.0M0.15%411,044-4,722Trimmed
Regions Financial Corp. (RF)$49.5M0.14%1,839,837+12Held
Aebi Schmidt Holding AG (AEBI)$45.4M0.13%4,287,385-31,952Trimmed
Winnebago Industries Inc. (WGO)$44.5M0.13%1,685,995-23,536Trimmed
Dnow Inc. (DNOW)$43.0M0.13%2,777,216-116,266Trimmed
HCA Healthcare, Inc. (HCA)$42.5M0.13%99,648+3,050Added
Huntsman Corp. (HUN)$42.3M0.12%5,040,624-121,048Trimmed
Koppers Holdings Inc. (KOP)$42.2M0.12%926,505-134,780Trimmed
Haverty Furniture Cos Inc. (HVT)$42.1M0.12%1,520,237-43,214Trimmed
Malibu Boats Inc. (MBUU)$40.8M0.12%1,781,732-12,529Trimmed
CBRE Group, Inc. (CBRE)$40.0M0.12%311,119+5,338Added
Healthcare Realty Trust Inc. (HR)$39.5M0.12%2,225,4300Held
Morgan Stanley (MS)$39.3M0.12%208,893-245,599Trimmed
HDFC Bank Limited (HDB)$39.2M0.12%1,754,255+140,779Added
General Dynamics Corp. (GD)$36.7M0.11%110,729+2,155Added
Genesco Inc. (GCO)$36.3M0.11%1,063,773-34,949Trimmed

Every quarter it filed

What the fund reported and how many positions it held, each quarter since September 2024.

QuarterReported valuePositions
September 2026 quarter$34.1B159
June 2026 quarter$34.1B161
March 2026 quarter$30.8B158
December 2025 quarter$33.4B157
September 2025 quarter$30.9B154
June 2025 quarter$30.8B152
March 2025 quarter$28.6B146
December 2024 quarter$29.4B152
September 2024 quarter$31.0B157
Every 13F fund · Fund holdings data