Pzena Investment Management 13F, Q2 2024
Richard Pzena · quarter ending 30 June 2024 · filed 2 August 2024 · SEC CIK 1027796
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2024
The 25 largest of 160 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2024 filing.
| Company | Ticker | Value | % of book | vs Q1 2024 |
|---|---|---|---|---|
| COGNIZANT TECHNOLOGY SOLUTIO | CTSH | $1.27B | 4.5% | +12% shares |
| MAGNA INTL INC | MGA | $1.20B | 4.2% | +16% shares |
| BAXTER INTL INC | BAX | $1.03B | 3.6% | +26% shares |
| DOW INC | DOW | $1.00B | 3.5% | unchanged |
| CITIGROUP INC | C | $972.06M | 3.4% | -6% shares |
| CAPITAL ONE FINL CORP | COF | $959.81M | 3.4% | -5% shares |
| WELLS FARGO CO NEW | WFC | $932.81M | 3.3% | -8% shares |
| EDISON INTL | EIX | $924.57M | 3.3% | -5% shares |
| CHARTER COMMUNICATIONS INC N | CHTR | $903.93M | 3.2% | +6% shares |
| SS&C TECHNOLOGIES HLDGS INC | SSNC | $890.48M | 3.1% | -2% shares |
| HUMANA INC | HUM | $866.25M | 3.0% | +539% shares |
| LEAR CORP | LEA | $820.93M | 2.9% | +15% shares |
| UBS GROUP AG | $792.21M | 2.8% | unchanged | |
| BANK AMERICA CORP | BAC | $788.77M | 2.8% | -8% shares |
| CVS HEALTH CORP | CVS | $764.02M | 2.7% | +133% shares |
| EQUITABLE HLDGS INC | EQH | $761.74M | 2.7% | -26% shares |
| TYSON FOODS INC | TSN | $713.65M | 2.5% | +18% shares |
| METLIFE INC | MET | $677.06M | 2.4% | -4% shares |
| NOV INC | NOV | $668.69M | 2.4% | unchanged |
| MEDTRONIC PLC | $653.85M | 2.3% | +8% shares | |
| GLOBAL PMTS INC | GPN | $621.15M | 2.2% | +194% shares |
| PVH CORPORATION | PVH | $595.38M | 2.1% | +5% shares |
| BRISTOL-MYERS SQUIBB CO | BMY | $587.00M | 2.1% | +15% shares |
| AMDOCS LTD | $447.29M | 1.6% | +33% shares | |
| AVNET INC | AVT | $441.62M | 1.6% | unchanged |
What changed since Q1 2024
Against the Q1 2024 filing, Pzena Investment Management opened 12 new positions, added to 40, trimmed 68, left 40 unchanged and exited 11. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
and 4 more
Exited
- GMS INCwas $40.85M
- FBINwas $28.43M
- 1RGwas $27.66M
- MASONITE INTL CORPwas $24.74M
- MDUwas $20.04M
- MTZwas $18.82M
- GEwas $548.9K
- ARCH CAP GROUP LTDwas $526.1K
and 3 more
Other quarters
Source: SEC Form 13F-HR, accession 0001027796-24-000014, filed by PZENA INVESTMENT MANAGEMENT LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.