PZENA INVESTMENT MANAGEMENT LLC

hedge fundUpdated 34 days ago

Managed by Pzena Investment Management Llc • Latest filing Q2 2026

Portfolio value

$34.1B

Q2 2026

Filings

16

Quarterly 13F history

Top-10 concentration

100.0%

Weight of largest holdings

Annualized return

15.1%

Implied from 13F holdings

Portfolio value history

13F-disclosed portfolio value over 16 quarters

Show data table

Period	Portfolio value
Q3 2022	$20.1B
Q4 2022	$22.6B
Q1 2023	$23.2B
Q2 2023	$23.4B
Q3 2023	$23.3B
Q4 2023	$26.6B
Q1 2024	$29.1B
Q2 2024	$28.4B
Q3 2024	$31B
Q4 2024	$29.4B
Q1 2025	$28.6B
Q2 2025	$30.8B
Q3 2025	$30.9B
Q4 2025	$33.4B
Q1 2026	$30.8B
Q2 2026	$34.1B

Top holdings

195 positions as of Q2 2026

#	Stock	Value	Shares	% Portfolio	Change
1	M MGA MAGNA INTL INC	$2.2B	23.66M	6.48%	Trimmed(-5.7%)
2	H HUM HUMANA INC	$1.7B	4.33M	5.05%	Trimmed(-19.5%)
3	B BAX BAXTER INTL INC	$1.4B	64.26M	4.02%	Added(+1.3%)
4	C CVS CVS HEALTH CORP	$1.2B	11.58M	3.52%	Trimmed(-14.2%)
5	D DG DOLLAR GEN CORP	$1.2B	10.09M	3.41%	Added(+48.5%)
6	S SWKS SKYWORKS SOLUTIONS INC	$1.1B	15.74M	3.13%	Trimmed(-0.7%)
7	C CTSH COGNIZANT TECHNOLOGY SOLUTIO	$1B	26.26M	2.99%	Added(+30.8%)
8	C CELG-RI BRISTOL-MYERS SQUIBB CO	$966.7M	16.78M	2.84%	Trimmed(-0.4%)
9	T TSN TYSON FOODS INC	$962.8M	16.82M	2.83%	Trimmed(-0.8%)
10	C CRBD COREBRIDGE FINL INC	$952.5M	33.27M	2.80%	Added(+25.4%)
11	P PPG PPG INDS INC	$933.3M	7.69M	2.74%	Added(+4.7%)
12	M MET-PF METLIFE INC	$927.6M	10.96M	2.72%	Trimmed(-1.3%)
13	C COF-PN CAPITAL ONE FINL CORP	$907.6M	4.52M	2.66%	Added(+0.3%)
14	U UBS UBS GROUP AG	$898.7M	22.43M	2.64%	Trimmed(-14.8%)
15	L LEA LEAR CORP	$877.3M	6.54M	2.58%	Trimmed(-1.4%)
16	G GPN GLOBAL PMTS INC	$835.2M	11.51M	2.45%	Added(+0.7%)
17	C C-PR CITIGROUP INC	$763.8M	5.46M	2.24%	Trimmed(-32.0%)
18	W WFC-PZ WELLS FARGO & CO	$714.9M	8.65M	2.10%	Added(+0.6%)
19	D DOX AMDOCS LTD	$698.7M	13.83M	2.05%	Added(+10.4%)
20	S SSNC SS&C TECH HLDGS	$684.8M	11.04M	2.01%	Added(+13.8%)

M

MAGNA INTL INC

-5.7%

Value

$2.2B

Shares

23.66M

% Port

6.48%

H

HUMANA INC

-19.5%

Value

$1.7B

Shares

4.33M

% Port

5.05%

B

BAXTER INTL INC

+1.3%

Value

$1.4B

Shares

64.26M

% Port

4.02%

C

CVS HEALTH CORP

-14.2%

Value

$1.2B

Shares

11.58M

% Port

3.52%

D

5.DG

DOLLAR GEN CORP

+48.5%

Value

$1.2B

Shares

10.09M

% Port

3.41%

S

SKYWORKS SOLUTIONS INC

-0.7%

Value

$1.1B

Shares

15.74M

% Port

3.13%

C

COGNIZANT TECHNOLOGY SOLUTIO

+30.8%

Value

$1B

Shares

26.26M

% Port

2.99%

C

BRISTOL-MYERS SQUIBB CO

-0.4%

Value

$966.7M

Shares

16.78M

% Port

2.84%

T

TYSON FOODS INC

-0.8%

Value

$962.8M

Shares

16.82M

% Port

2.83%

C

COREBRIDGE FINL INC

+25.4%

Value

$952.5M

Shares

33.27M

% Port

2.80%

P

11.PPG

PPG INDS INC

+4.7%

Value

$933.3M

Shares

7.69M

% Port

2.74%

M

METLIFE INC

-1.3%

Value

$927.6M

Shares

10.96M

% Port

2.72%

C

CAPITAL ONE FINL CORP

+0.3%

Value

$907.6M

Shares

4.52M

% Port

2.66%

U

14.UBS

UBS GROUP AG

-14.8%

Value

$898.7M

Shares

22.43M

% Port

2.64%

L

15.LEA

LEAR CORP

-1.4%

Value

$877.3M

Shares

6.54M

% Port

2.58%

G

16.GPN

GLOBAL PMTS INC

+0.7%

Value

$835.2M

Shares

11.51M

% Port

2.45%

C

CITIGROUP INC

-32.0%

Value

$763.8M

Shares

5.46M

% Port

2.24%

W

WELLS FARGO & CO

+0.6%

Value

$714.9M

Shares

8.65M

% Port

2.10%

D

19.DOX

AMDOCS LTD

+10.4%

Value

$698.7M

Shares

13.83M

% Port

2.05%

S

SS&C TECH HLDGS

+13.8%

Value

$684.8M

Shares

11.04M

% Port

2.01%

View full portfolio (195 holdings) →

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