Richard Pzena
Portfolio value$34.1B
Positions161
QuarterQ2 2026ended 2026-06-30
Filed08/072026
Pzena Investment Management LLC's Q2 2026 13F, filed Aug 7, 2026, reports 161 positions worth $34.1B. The ten largest are 37.6% of the book, led by Magna Intl Inc at 6.5%, Humana at 5.1% and Baxter International at 4.1%. Against Q1 2026: 12 bought, 71 added to, 70 reduced, 9 sold; the largest moves were reduced Nokia Corp (−92%) and reduced Humana (−20%).
Where the money is
MGAHUMBAX151 other
Holdings
| Ticker | Issuer | Weight | Value | Q-end → now | Price vs model | Change |
|---|---|---|---|---|---|---|
| MGA | Magna Intl INC | 6.5% | $2.2B23.9M sh | 93.26 | — | reduced −6% |
| HUM | Humana INC | 5.1% | $1.7B4.4M sh | 397.22 → +4% | 2% undervalued | reduced −20% |
| BAX | Baxter Intl INC | 4.1% | $1.4B65.3M sh | 21.32 → +19% | 35% overvalued | added +1% |
| CVS | Cvs Health Corp | 3.6% | $1.2B11.8M sh | 103.45 → −11% | 420% overvalued | reduced −15% |
| DG | Dollar Gen Corp | 3.5% | $1.2B10.2M sh | 115.11 → +17% | 20% undervalued | added +48% |
| SWKS | Skyworks Solutions INC | 3.2% | $1.1B16.0M sh | 67.80 → +18% | 9% undervalued | reduced −1% |
| CTSH | Cognizant Technology Solutio | 3.0% | $1.0B26.5M sh | 38.73 → +70% | 33% undervalued | added +31% |
| BMY | Bristol-myers Squibb CO | 2.9% | $979.9M17.0M sh | 57.62 → +4% | 43% undervalued | reduced −1% |
| TSN | Tyson Foods INC | 2.9% | $974.2M17.0M sh | 57.25 → −4% | 18% overvalued | reduced −1% |
| CRBG | Corebridge Finl INC | 2.8% | $967.4M33.8M sh | 28.63 | — | added +25% |
| PPG | Ppg Inds INC | 2.8% | $947.0M7.8M sh | 121.29 → −11% | 10% undervalued | added +4% |
| MET | Metlife INC | 2.8% | $941.8M11.1M sh | 84.61 → +19% | 112% overvalued | reduced −2% |
| COF | Capital One Finl Corp | 2.7% | $921.6M4.6M sh | 200.62 → +1% | 10% overvalued | added +0% |
| UBS | Ubs Group AG | 2.7% | $905.5M22.6M sh | 40.06 | — | reduced −15% |
| LEA | Lear Corp | 2.6% | $889.9M6.6M sh | 134.06 | — | reduced −2% |
| GPN | Global Pmts INC | 2.5% | $848.3M11.7M sh | 72.56 → +15% | 81% undervalued | added +1% |
| C | Citigroup INC | 2.3% | $776.6M5.5M sh | 139.96 → −11% | 8% overvalued | reduced −32% |
| WFC | Wells Fargo & CO | 2.1% | $729.5M8.8M sh | 82.64 → +1% | 6% undervalued | added +1% |
| DOX | Amdocs LTD | 2.1% | $706.8M14.0M sh | 50.54 | — | added +10% |
| SSNC | Ss&c Tech Hldgs | 2.0% | $684.8M11.0M sh | 62.05 | — | added +14% |
| NOV | Nov INC | 2.0% | $674.8M36.4M sh | 18.55 | — | reduced −3% |
| ACN | Accenture PLC Ireland | 1.9% | $639.9M5.1M sh | 124.44 → +85% | 13% undervalued | added +114% |
| PVH | Pvh Corporation | 1.3% | $444.6M6.0M sh | 74.26 | — | added +4% |
| LKQ | Lkq Corp | 1.2% | $398.7M15.1M sh | 26.33 | — | added +143% |
| CDW | Cdw Corp | 1.1% | $371.1M2.6M sh | 140.64 → +7% | 14% undervalued | added +137% |
| BAC | Bank Of Amer Corp | 1.1% | $359.6M6.3M sh | 56.98 → −10% | 1% overvalued | reduced −2% |
| DOW | Dow Hldgs INC | 1.0% | $342.2M12.5M sh | 27.36 → +9% | 67% undervalued | reduced −34% |
| FMS | Fresenius Medical Care AG | 1.0% | $339.0M15.0M sh | 22.61 | — | reduced −0% |
| BAP | Credicorp LTD | 1.0% | $325.9M836,569 sh | 389.58 | — | reduced −8% |
| VOYA | Voya Financial INC | 0.9% | $319.5M3.5M sh | 90.53 | — | reduced −4% |
| NWL | Newell Brands INC | 0.9% | $294.7M48.0M sh | 6.14 | — | added +0% |
| UHS | Universal Hlth Svcs INC | 0.9% | $292.8M2.0M sh | 148.69 → +24% | 57% undervalued | added +3% |
| AVT | Avnet INC | 0.8% | $277.2M3.1M sh | 88.82 | — | reduced −45% |
| AAP | Advance Auto Parts INC | 0.8% | $273.1M4.4M sh | 62.22 | — | added +2% |
| KSPI | Kaspi Kz Jsc | 0.8% | $266.1M3.1M sh | 86.64 | — | added +15% |
| MDT | Medtronic PLC | 0.7% | $246.3M3.1M sh | 78.23 → +21% | 4% overvalued | reduced −0% |
| DAL | Delta Air Lines INC | 0.7% | $245.3M2.6M sh | 93.66 → −20% | 3% undervalued | reduced −7% |
| EQH | Equitable Hldgs INC | 0.7% | $244.1M5.6M sh | 43.88 | — | added +25% |
| GL | Globe Life INC | 0.7% | $242.3M1.4M sh | 178.68 → −6% | 5% overvalued | added +32% |
| WDAY | Workday INC | 0.7% | $241.3M2.0M sh | 122.42 → +56% | 339% overvalued | bought |
| SPB | Spectrum Brands Holdings INC | 0.6% | $207.6M2.4M sh | 85.75 | — | added +4% |
| MICC | Magnum Ice Cream CO NV | 0.6% | $201.1M13.2M sh | 15.24 | — | added +88% |
| SHEL | Shell PLC | 0.6% | $200.1M2.6M sh | 77.54 | — | reduced −19% |
| RHI | Robert Half Inc. | 0.6% | $191.0M6.2M sh | 30.70 | — | added +4% |
| ZTO | Zto Express Cayman INC | 0.5% | $163.9M7.3M sh | 22.38 | — | reduced −2% |
| MBC | Masterbrand INC | 0.5% | $157.7M15.3M sh | 10.29 | — | added +302% |
| CI | The Cigna Group | 0.5% | $154.9M562,036 sh | 275.68 → +10% | 3% overvalued | reduced −3% |
| CSCO | Cisco Sys INC | 0.4% | $150.5M1.3M sh | 117.46 → −9% | 62% overvalued | reduced −2% |
| PFE | Pfizer INC | 0.4% | $143.5M6.0M sh | 24.08 → +23% | 3% undervalued | added +1% |
| MHK | Mohawk Inds INC | 0.4% | $138.7M1.1M sh | 121.33 | — | reduced −1% |
| HAL | Halliburton CO | 0.4% | $133.3M3.9M sh | 33.95 → −1% | 22% undervalued | reduced −3% |
| BEKE | Ke Hldgs INC | 0.4% | $129.0M8.9M sh | 14.53 | — | bought |
| KT | Kt Corp | 0.4% | $125.9M7.3M sh | 17.28 | — | added +2% |
| CNO | Cno Finl Group INC | 0.4% | $124.5M2.4M sh | 50.98 | — | reduced −1% |
| TEL | Te Connectivity PLC | 0.3% | $112.0M555,637 sh | 201.61 → +5% | 36% overvalued | reduced −8% |
| GLOB | Globant S A | 0.3% | $111.7M3.9M sh | 28.94 | — | added +30% |
| JPM | Jpmorgan Chase & CO | 0.3% | $109.4M334,094 sh | 327.33 → +4% | 11% overvalued | reduced −1% |
| ST | Sensata Technologies Hldg Pl | 0.3% | $107.5M2.3M sh | 47.74 | — | reduced −35% |
| MS | Morgan Stanley | 0.3% | $95.0M454,492 sh | 209.04 → −14% | 28% overvalued | reduced −5% |
| G | Genpact Limited | 0.3% | $91.3M3.3M sh | 27.50 | — | added +353% |
| FITB | Fifth Third Bancorp | 0.3% | $89.3M1.6M sh | 56.37 → −11% | 88% overvalued | reduced −3% |
| ARCO | Arcos Dorados Hldgs INC | 0.3% | $87.1M10.8M sh | 8.06 | — | added +1% |
| ELV | Elevance Health INC Formerly | 0.3% | $86.8M224,575 sh | 386.73 → +11% | 20% undervalued | added +2% |
| DIS | Disney Walt CO | 0.2% | $85.0M883,495 sh | 96.25 → +15% | 9% undervalued | added +879% |
| STZ | Constellation Brands INC | 0.2% | $83.4M599,314 sh | 139.09 → −6% | 5% overvalued | added +1% |
| XOM | Exxon Mobil Corp | 0.2% | $80.6M589,449 sh | 136.72 → +31% | 13% overvalued | reduced −4% |
| ABM | Abm Inds INC | 0.2% | $80.0M1.8M sh | 44.24 | — | added +19% |
| OLN | Olin Corp | 0.2% | $77.1M3.9M sh | 19.82 | — | reduced −12% |
| CNXC | Concentrix Corp | 0.2% | $76.5M3.4M sh | 22.41 | — | added +16% |
| TFX | Teleflex Incorporated | 0.2% | $76.5M603,206 sh | 126.76 | — | reduced −14% |
| PLOW | Douglas Dynamics INC | 0.2% | $74.7M1.4M sh | 53.95 | — | reduced −13% |
| ONB | Old Natl Bancorp Ind | 0.2% | $73.6M2.8M sh | 25.90 | — | added +6% |
| HSIC | Schein Henry INC | 0.2% | $71.9M860,733 sh | 83.52 → +3% | 4% overvalued | reduced −3% |
| GPC | Genuine Parts CO | 0.2% | $69.8M591,970 sh | 117.98 → +14% | 57% overvalued | added +3% |
| ADNT | Adient PLC | 0.2% | $69.3M3.8M sh | 18.38 | — | added +4% |
| COLB | Columbia Bkg Sys INC | 0.2% | $68.2M2.1M sh | 32.05 | — | added +5% |
| WSFS | Wsfs Finl Corp | 0.2% | $68.2M888,496 sh | 76.73 | — | added +1% |
| MMI | Marcus & Millichap INC | 0.2% | $66.7M2.1M sh | 31.17 | — | added +6% |
| NOK | Nokia Corp | 0.2% | $66.5M5.0M sh | 13.28 | — | reduced −92% |
| OSK | Oshkosh Corp | 0.2% | $63.8M415,766 sh | 153.48 | — | reduced −5% |
| MLKN | Millerknoll INC | 0.2% | $62.0M3.0M sh | 20.46 | — | added +52% |
| ASB | Associated Banc-corp | 0.2% | $61.2M2.0M sh | 30.77 | — | added +3% |
| GOOGL | Alphabet INC | 0.2% | $61.2M171,157 sh | 357.37 → −5% | 51% overvalued | held |
| SCSC | Scansource INC | 0.2% | $57.8M1.1M sh | 52.09 | — | added +22% |
| KFY | Korn Ferry | 0.2% | $57.8M867,680 sh | 66.58 | — | added +9% |
| RF | Regions Financial Corp New | 0.2% | $55.6M1.8M sh | 30.20 → −9% | 13% undervalued | held |
| HUN | Huntsman Corp | 0.2% | $54.8M5.2M sh | 10.62 | — | reduced −11% |
| AEBI | Aebi Schmidt Hldg AG | 0.2% | $54.2M4.3M sh | 12.55 | — | added +5% |
| WGO | Winnebago Inds INC | 0.2% | $53.4M1.7M sh | 31.24 | — | added +72% |
| REZI | Resideo Technologies INC | 0.2% | $52.5M1.7M sh | 31.10 | — | added +22% |
| MBUU | Malibu Boats INC | 0.1% | $49.2M1.8M sh | 27.43 | — | added +6% |
| TGT | Target Corp | 0.1% | $48.8M373,503 sh | 130.61 → +18% | 21% overvalued | added +0% |
| KOP | Koppers Holdings INC | 0.1% | $47.7M1.1M sh | 44.90 | — | reduced −12% |
| VREX | Varex Imaging Corp | 0.1% | $45.3M4.3M sh | 10.43 | — | added +9% |
| HR | Healthcare Rlty Tr | 0.1% | $44.9M2.2M sh | 20.17 | — | held |
| MSM | Msc Indl Direct INC | 0.1% | $44.4M373,664 sh | 118.95 | — | reduced −16% |
| SHG | Shinhan Financial Group CO L | 0.1% | $42.3M669,474 sh | 63.25 | — | reduced −3% |
| HDB | Hdfc Bank LTD | 0.1% | $41.7M1.6M sh | 25.83 | — | added +6% |
| CBRE | Cbre Group INC | 0.1% | $41.2M305,781 sh | 134.69 → −1% | 58% overvalued | added +1% |
| HVT | Haverty Furniture Cos INC | 0.1% | $39.9M1.6M sh | 25.53 | — | added +7% |
Source: the manager's Form 13F-HR on SEC EDGAR, kept as immutable quarterly snapshots; changes compare two consecutive filings. A 13F is filed up to 45 days after quarter end and covers US-listed long positions only. Tickers come from a self-maintained CUSIP map; a position without one shows its CUSIP. Method notes in where the numbers come from.