---
title: Richard Pzena (Pzena Investment Management LLC) — 13F holdings
canonical: https://sweetvaluelab.com/investors/richard-pzena
cik: 0001027796
quarter: 2026-06-30
filed: 2026-08-07
---
# Richard Pzena — Pzena Investment Management LLC

Latest 13F for the quarter ended Jun 30, 2026, filed Aug 7, 2026: 161 positions worth $34.1B. Against the quarter ended Mar 31, 2026: 12 bought, 71 added to, 8 unchanged, 70 reduced, 9 sold. The top five are 23% of the portfolio, the top ten 38%; 59 of the positions have a research page on this site.

## Holdings

| Ticker | Issuer | Shares | Value | % of portfolio | Change this quarter |
| --- | --- | ---: | ---: | ---: | --- |
| MGA | MAGNA INTL INC | 23,882,824 | $2.2B | 6.5% | reduced (-6%) |
| HUM | HUMANA INC | 4,403,136 | $1.7B | 5.1% | reduced (-20%) |
| BAX | BAXTER INTL INC | 65,295,393 | $1.4B | 4.1% | added (+1%) |
| CVS | CVS HEALTH CORP | 11,769,536 | $1.2B | 3.6% | reduced (-15%) |
| DG | DOLLAR GEN CORP | 10,222,060 | $1.2B | 3.5% | added (+48%) |
| SWKS | SKYWORKS SOLUTIONS INC | 15,973,040 | $1.1B | 3.2% | reduced (-1%) |
| CTSH | COGNIZANT TECHNOLOGY SOLUTIO | 26,529,172 | $1.0B | 3.0% | added (+31%) |
| BMY | BRISTOL-MYERS SQUIBB CO | 17,007,044 | $979.9M | 2.9% | reduced (-1%) |
| TSN | TYSON FOODS INC | 17,016,651 | $974.2M | 2.9% | reduced (-1%) |
| CRBG | COREBRIDGE FINL INC | 33,789,727 | $967.4M | 2.8% | added (+25%) |
| PPG | PPG INDS INC | 7,807,438 | $947.0M | 2.8% | added (+4%) |
| MET | METLIFE INC | 11,130,983 | $941.8M | 2.8% | reduced (-2%) |
| COF | CAPITAL ONE FINL CORP | 4,593,920 | $921.6M | 2.7% | added (+0%) |
| UBS | UBS GROUP AG | 22,604,129 | $905.5M | 2.7% | reduced (-15%) |
| LEA | LEAR CORP | 6,638,413 | $889.9M | 2.6% | reduced (-2%) |
| GPN | GLOBAL PMTS INC | 11,691,625 | $848.3M | 2.5% | added (+1%) |
| C | CITIGROUP INC | 5,548,789 | $776.6M | 2.3% | reduced (-32%) |
| WFC | WELLS FARGO & CO | 8,827,468 | $729.5M | 2.1% | added (+1%) |
| DOX | AMDOCS LTD | 13,985,330 | $706.8M | 2.1% | added (+10%) |
| SSNC | SS&C TECH HLDGS | 11,036,568 | $684.8M | 2.0% | added (+14%) |
| NOV | NOV INC | 36,376,087 | $674.8M | 2.0% | reduced (-3%) |
| ACN | ACCENTURE PLC IRELAND | 5,142,176 | $639.9M | 1.9% | added (+114%) |
| PVH | PVH CORPORATION | 5,986,677 | $444.6M | 1.3% | added (+4%) |
| LKQ | LKQ CORP | 15,142,285 | $398.7M | 1.2% | added (+143%) |
| CDW | CDW CORP | 2,638,900 | $371.1M | 1.1% | added (+137%) |
| BAC | BANK OF AMER CORP | 6,310,363 | $359.6M | 1.1% | reduced (-2%) |
| DOW | DOW HLDGS INC | 12,507,011 | $342.2M | 1.0% | reduced (-34%) |
| FMS | FRESENIUS MEDICAL CARE AG | 14,992,081 | $339.0M | 1.0% | reduced (-0%) |
| BAP | CREDICORP LTD | 836,569 | $325.9M | 1.0% | reduced (-8%) |
| VOYA | VOYA FINANCIAL INC | 3,529,646 | $319.5M | 0.9% | reduced (-4%) |
| NWL | NEWELL BRANDS INC | 47,990,664 | $294.7M | 0.9% | added (+0%) |
| UHS | UNIVERSAL HLTH SVCS INC | 1,969,327 | $292.8M | 0.9% | added (+3%) |
| AVT | AVNET INC | 3,120,395 | $277.2M | 0.8% | reduced (-45%) |
| AAP | ADVANCE AUTO PARTS INC | 4,389,501 | $273.1M | 0.8% | added (+2%) |
| KSPI | KASPI KZ JSC | 3,071,888 | $266.1M | 0.8% | added (+15%) |
| MDT | MEDTRONIC PLC | 3,147,999 | $246.3M | 0.7% | reduced (-0%) |
| DAL | DELTA AIR LINES INC | 2,618,707 | $245.3M | 0.7% | reduced (-7%) |
| EQH | EQUITABLE HLDGS INC | 5,561,804 | $244.1M | 0.7% | added (+25%) |
| GL | GLOBE LIFE INC | 1,355,811 | $242.3M | 0.7% | added (+32%) |
| WDAY | WORKDAY INC | 1,971,270 | $241.3M | 0.7% | bought |
| SPB | SPECTRUM BRANDS HOLDINGS INC | 2,420,808 | $207.6M | 0.6% | added (+4%) |
| MICC | MAGNUM ICE CREAM CO NV | 13,199,616 | $201.1M | 0.6% | added (+88%) |
| SHEL | SHELL PLC | 2,581,244 | $200.1M | 0.6% | reduced (-19%) |
| RHI | ROBERT HALF INC. | 6,222,305 | $191.0M | 0.6% | added (+4%) |
| ZTO | ZTO EXPRESS CAYMAN INC | 7,322,331 | $163.9M | 0.5% | reduced (-2%) |
| MBC | MASTERBRAND INC | 15,329,483 | $157.7M | 0.5% | added (+302%) |
| CI | THE CIGNA GROUP | 562,036 | $154.9M | 0.5% | reduced (-3%) |
| CSCO | CISCO SYS INC | 1,281,329 | $150.5M | 0.4% | reduced (-2%) |
| PFE | PFIZER INC | 5,958,922 | $143.5M | 0.4% | added (+1%) |
| MHK | MOHAWK INDS INC | 1,142,841 | $138.7M | 0.4% | reduced (-1%) |
| HAL | HALLIBURTON CO | 3,925,702 | $133.3M | 0.4% | reduced (-3%) |
| BEKE | KE HLDGS INC | 8,877,643 | $129.0M | 0.4% | bought |
| KT | KT CORP | 7,286,500 | $125.9M | 0.4% | added (+2%) |
| CNO | CNO FINL GROUP INC | 2,441,665 | $124.5M | 0.4% | reduced (-1%) |
| TEL | TE CONNECTIVITY PLC | 555,637 | $112.0M | 0.3% | reduced (-8%) |
| GLOB | GLOBANT S A | 3,859,718 | $111.7M | 0.3% | added (+30%) |
| JPM | JPMORGAN CHASE & CO | 334,094 | $109.4M | 0.3% | reduced (-1%) |
| ST | SENSATA TECHNOLOGIES HLDG PL | 2,251,907 | $107.5M | 0.3% | reduced (-35%) |
| MS | MORGAN STANLEY | 454,492 | $95.0M | 0.3% | reduced (-5%) |
| G | GENPACT LIMITED | 3,319,546 | $91.3M | 0.3% | added (+353%) |
| FITB | FIFTH THIRD BANCORP | 1,584,757 | $89.3M | 0.3% | reduced (-3%) |
| ARCO | ARCOS DORADOS HLDGS INC | 10,804,358 | $87.1M | 0.3% | added (+1%) |
| ELV | ELEVANCE HEALTH INC FORMERLY | 224,575 | $86.8M | 0.3% | added (+2%) |
| DIS | DISNEY WALT CO | 883,495 | $85.0M | 0.2% | added (+879%) |
| STZ | CONSTELLATION BRANDS INC | 599,314 | $83.4M | 0.2% | added (+1%) |
| XOM | EXXON MOBIL CORP | 589,449 | $80.6M | 0.2% | reduced (-4%) |
| ABM | ABM INDS INC | 1,808,203 | $80.0M | 0.2% | added (+19%) |
| OLN | OLIN CORP | 3,890,204 | $77.1M | 0.2% | reduced (-12%) |
| CNXC | CONCENTRIX CORP | 3,413,879 | $76.5M | 0.2% | added (+16%) |
| TFX | TELEFLEX INCORPORATED | 603,206 | $76.5M | 0.2% | reduced (-14%) |
| PLOW | DOUGLAS DYNAMICS INC | 1,384,680 | $74.7M | 0.2% | reduced (-13%) |
| ONB | OLD NATL BANCORP IND | 2,843,497 | $73.6M | 0.2% | added (+6%) |
| HSIC | SCHEIN HENRY INC | 860,733 | $71.9M | 0.2% | reduced (-3%) |
| GPC | GENUINE PARTS CO | 591,970 | $69.8M | 0.2% | added (+3%) |
| ADNT | ADIENT PLC | 3,771,026 | $69.3M | 0.2% | added (+4%) |
| COLB | COLUMBIA BKG SYS INC | 2,129,322 | $68.2M | 0.2% | added (+5%) |
| WSFS | WSFS FINL CORP | 888,496 | $68.2M | 0.2% | added (+1%) |
| MMI | MARCUS & MILLICHAP INC | 2,141,001 | $66.7M | 0.2% | added (+6%) |
| NOK | NOKIA CORP | 5,010,906 | $66.5M | 0.2% | reduced (-92%) |
| OSK | OSHKOSH CORP | 415,766 | $63.8M | 0.2% | reduced (-5%) |
| MLKN | MILLERKNOLL INC | 3,032,700 | $62.0M | 0.2% | added (+52%) |
| ASB | ASSOCIATED BANC-CORP | 1,990,243 | $61.2M | 0.2% | added (+3%) |
| GOOGL | ALPHABET INC | 171,157 | $61.2M | 0.2% | held (0%) |
| SCSC | SCANSOURCE INC | 1,109,743 | $57.8M | 0.2% | added (+22%) |
| KFY | KORN FERRY | 867,680 | $57.8M | 0.2% | added (+9%) |
| RF | REGIONS FINANCIAL CORP NEW | 1,839,825 | $55.6M | 0.2% | held (0%) |
| HUN | HUNTSMAN CORP | 5,161,672 | $54.8M | 0.2% | reduced (-11%) |
| AEBI | AEBI SCHMIDT HLDG AG | 4,319,337 | $54.2M | 0.2% | added (+5%) |
| WGO | WINNEBAGO INDS INC | 1,709,531 | $53.4M | 0.2% | added (+72%) |
| REZI | RESIDEO TECHNOLOGIES INC | 1,686,765 | $52.5M | 0.2% | added (+22%) |
| MBUU | MALIBU BOATS INC | 1,794,261 | $49.2M | 0.1% | added (+6%) |
| TGT | TARGET CORP | 373,503 | $48.8M | 0.1% | added (+0%) |
| KOP | KOPPERS HOLDINGS INC | 1,061,285 | $47.7M | 0.1% | reduced (-12%) |
| VREX | VAREX IMAGING CORP | 4,344,381 | $45.3M | 0.1% | added (+9%) |
| HR | HEALTHCARE RLTY TR | 2,225,430 | $44.9M | 0.1% | held (0%) |
| MSM | MSC INDL DIRECT INC | 373,664 | $44.4M | 0.1% | reduced (-16%) |
| SHG | SHINHAN FINANCIAL GROUP CO L | 669,474 | $42.3M | 0.1% | reduced (-3%) |
| HDB | HDFC BANK LTD | 1,613,476 | $41.7M | 0.1% | added (+6%) |
| CBRE | CBRE GROUP INC | 305,781 | $41.2M | 0.1% | added (+1%) |
| HVT | HAVERTY FURNITURE COS INC | 1,563,451 | $39.9M | 0.1% | added (+7%) |
| GD | GENERAL DYNAMICS CORP | 108,574 | $38.5M | 0.1% | added (+1%) |
| HCA | HCA HEALTHCARE INC | 96,598 | $37.7M | 0.1% | added (+2%) |
| DNOW | DNOW INC | 2,893,482 | $37.5M | 0.1% | reduced (-7%) |
| GCO | GENESCO INC | 1,098,722 | $37.1M | 0.1% | added (+2%) |
| KEY | KEYCORP | 1,597,019 | $36.8M | 0.1% | reduced (-4%) |
| UVSP | UNIVEST FINANCIAL CORPORATIO | 834,628 | $36.5M | 0.1% | reduced (-1%) |
| BFH | BREAD FINANCIAL HOLDINGS INC | 327,448 | $35.5M | 0.1% | reduced (-47%) |
| DRH | DIAMONDROCK HOSPITALITY CO | 2,829,560 | $34.5M | 0.1% | reduced (-0%) |
| AIG | AMERICAN INTL GROUP INC | 456,619 | $34.0M | 0.1% | added (+2%) |
| SOLV | SOLVENTUM CORP | 417,770 | $32.2M | 0.1% | reduced (-5%) |
| OEC | ORION S.A. | 4,771,969 | $31.6M | 0.1% | added (+4%) |
| NVST | ENVISTA HOLDINGS CORPORATION | 1,157,273 | $30.5M | 0.1% | reduced (-28%) |
| MYE | MYERS INDS INC | 781,014 | $27.6M | 0.1% | reduced (-39%) |
| HOFT | HOOKER FURNISHINGS CORPORATI | 1,542,623 | $27.5M | 0.1% | added (+12%) |
| ARW | ARROW ELECTRS INC | 125,168 | $26.7M | 0.1% | reduced (-41%) |
| USNA | USANA HEALTH SCIENCES INC | 1,205,587 | $25.7M | 0.1% | added (+9%) |
| LDOS | LEIDOS HOLDINGS INC | 247,849 | $25.5M | 0.1% | reduced (-0%) |
| WCC | WESCO INTL INC | 71,494 | $24.7M | 0.1% | reduced (-37%) |
| TBI | TRUEBLUE INC | 3,090,808 | $21.5M | 0.1% | added (+8%) |
| HELE | HELEN OF TROY LTD | 676,577 | $19.7M | 0.1% | reduced (-11%) |
| UVV | UNIVERSAL CORP VA MTNS BK EN | 363,477 | $19.0M | 0.1% | added (+10%) |
| MAN | MANPOWERGROUP INC WIS | 351,121 | $11.9M | 0.0% | held (0%) |
| ABEV | AMBEV SA | 3,739,889 | $11.7M | 0.0% | reduced (-21%) |
| BIDU | BAIDU INC | 41,474 | $4.7M | 0.0% | reduced (-15%) |
| KNX | KNIGHT-SWIFT TRANSN HLDGS IN | 59,406 | $4.6M | 0.0% | reduced (-95%) |
| ING | ING GROEP N.V. | 94,897 | $3.0M | 0.0% | added (+18%) |
| BABA | ALIBABA GROUP HLDG LTD | 26,761 | $2.6M | 0.0% | reduced (-6%) |
| HSBC | HSBC HLDGS PLC | 23,555 | $2.2M | 0.0% | reduced (-2%) |
| TSM | TAIWAN SEMICONDUCTOR MANUFAC | 4,054 | $1.9M | 0.0% | reduced (-79%) |
| TTE | TOTALENERGIES SE | 22,131 | $1.5M | 0.0% | reduced (-0%) |
| PHG | KONINKLIJKE PHILIPS N V | 48,243 | $1.3M | 0.0% | added (+16%) |
| GSK | GSK PLC | 24,507 | $1.3M | 0.0% | added (+30%) |
| EQNR | EQUINOR ASA | 38,188 | $1.2M | 0.0% | reduced (-6%) |
| SNY | SANOFI SA | 25,302 | $1.1M | 0.0% | added (+33%) |
| SAP | SAP SE | 6,554 | $1.0M | 0.0% | bought |
| CIG | CIA ENERGETICA DE MINAS GERA | 453,957 | $953,310 | 0.0% | reduced (-58%) |
| VALE | VALE S A | 59,077 | $888,522 | 0.0% | reduced (-69%) |
| SMFG | SUMITOMO MITSUI FIN GRP INC | 37,322 | $880,055 | 0.0% | added (+15%) |
| KB | KB FINL GROUP INC | 7,640 | $801,894 | 0.0% | reduced (-60%) |
| PBR/A | PETROLEO BRASILEIRO S A | 53,138 | $777,940 | 0.0% | reduced (-73%) |
| ITUB | ITAU UNIBANCO HLDG S A | 80,241 | $655,569 | 0.0% | reduced (-64%) |
| TAK | TAKEDA PHARMACEUTICAL CO LTD | 37,820 | $606,253 | 0.0% | added (+33%) |
| BCS | BARCLAYS PLC | 20,525 | $551,304 | 0.0% | added (+15%) |
| MT | ARCELORMITTAL SA LUXEMBOURG | 8,180 | $492,601 | 0.0% | reduced (-56%) |
| ZBRA | ZEBRA TECHNOLOGIES CORPORATI | 1,359 | $357,770 | 0.0% | bought |
| MRK | MERCK & CO INC | 2,511 | $322,664 | 0.0% | held (0%) |
| HALO | HALOZYME THERAPEUTICS INC | 4,049 | $316,915 | 0.0% | held (0%) |
| TOST | TOAST INC | 10,945 | $304,490 | 0.0% | bought |
| ORCL | ORACLE CORP | 2,076 | $304,238 | 0.0% | bought |
| ADSK | AUTODESK INC | 1,506 | $292,797 | 0.0% | added (+48%) |
| NVDA | NVIDIA CORPORATION | 1,445 | $289,130 | 0.0% | bought |
| QRVO | QORVO INC | 3,045 | $284,007 | 0.0% | bought |
| MSFT | MICROSOFT CORP | 755 | $281,630 | 0.0% | reduced (-1%) |
| GE | GE AEROSPACE | 736 | $275,065 | 0.0% | held (0%) |
| EXPE | EXPEDIA GROUP INC | 1,060 | $271,233 | 0.0% | bought |
| WBS | WEBSTER FINL CORP | 3,189 | $243,703 | 0.0% | reduced (-99%) |
| CRM | SALESFORCE INC | 1,502 | $235,303 | 0.0% | bought |
| ADBE | ADOBE INC | 1,094 | $224,292 | 0.0% | added (+8%) |
| GEV | GE VERNOVA INC | 184 | $216,174 | 0.0% | bought |
| STT | STATE STR CORP | 1,231 | $208,778 | 0.0% | bought |
| DOCU | DOCUSIGN INC | 4,510 | $200,334 | 0.0% | held (0%) |

## Largest moves this quarter

| Ticker | Issuer | Shares now | Shares before | Change | Bought / sold at reported prices | Value |
| --- | --- | ---: | ---: | --- | ---: | ---: |
| NOK | NOKIA CORP | 5,010,906 | 63,425,518 | reduced (-92%) | −$775.7M | $66.5M |
| HUM | HUMANA INC | 4,403,136 | 5,470,982 | reduced (-20%) | −$424.2M | $1.7B |
| DG | DOLLAR GEN CORP | 10,222,060 | 6,897,541 | added (+48%) | +$382.7M | $1.2B |
| C | CITIGROUP INC | 5,548,789 | 8,175,364 | reduced (-32%) | −$367.6M | $776.6M |
| ACN | ACCENTURE PLC IRELAND | 5,142,176 | 2,405,683 | added (+114%) | +$340.5M | $639.9M |
| CTSH | COGNIZANT TECHNOLOGY SOLUTIO | 26,529,172 | 20,262,362 | added (+31%) | +$242.7M | $1.0B |
| WDAY | WORKDAY INC | 1,971,270 | 0 | bought | +$241.3M | $241.3M |

---

Source: https://sweetvaluelab.com/investors/richard-pzena (SweetValueLab, free, no account). Holdings from SEC Form 13F-HR filings; tickers resolved from CUSIPs. Values as reported by the filer. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.