Pzena Investment Management 13F, Q3 2024
Richard Pzena · quarter ending 30 September 2024 · filed 8 November 2024 · SEC CIK 1027796
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2024
The 25 largest of 157 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2024 filing.
| Company | Ticker | Value | % of book | vs Q2 2024 |
|---|---|---|---|---|
| MAGNA INTL INC | MGA | $1.46B | 4.7% | +26% shares |
| COGNIZANT TECHNOLOGY SOLUTIO | CTSH | $1.44B | 4.6% | unchanged |
| BAXTER INTL INC | BAX | $1.22B | 3.9% | +5% shares |
| CAPITAL ONE FINL CORP | COF | $1.04B | 3.4% | unchanged |
| DOW INC | DOW | $1.04B | 3.3% | unchanged |
| CHARTER COMMUNICATIONS INC N | CHTR | $976.52M | 3.1% | unchanged |
| CITIGROUP INC | C | $946.92M | 3.0% | unchanged |
| SS&C TECHNOLOGIES HLDGS INC | SSNC | $939.79M | 3.0% | -11% shares |
| WELLS FARGO CO NEW | WFC | $882.50M | 2.9% | unchanged |
| DOLLAR GEN CORP NEW | DG | $865.90M | 2.8% | +453% shares |
| LEAR CORP | LEA | $842.05M | 2.7% | +7% shares |
| CVS HEALTH CORP | CVS | $825.95M | 2.7% | unchanged |
| EDISON INTL | EIX | $806.68M | 2.6% | -28% shares |
| UBS GROUP AG | $802.71M | 2.6% | +3% shares | |
| METLIFE INC | MET | $794.82M | 2.6% | unchanged |
| HUMANA INC | HUM | $793.83M | 2.6% | +8% shares |
| BANK AMERICA CORP | BAC | $773.08M | 2.5% | unchanged |
| MEDTRONIC PLC | $772.73M | 2.5% | +3% shares | |
| TYSON FOODS INC | TSN | $747.11M | 2.4% | unchanged |
| BRISTOL-MYERS SQUIBB CO | BMY | $734.80M | 2.4% | unchanged |
| EQUITABLE HLDGS INC | EQH | $690.64M | 2.2% | -12% shares |
| NOV INC | NOV | $687.14M | 2.2% | +22% shares |
| GLOBAL PMTS INC | GPN | $679.95M | 2.2% | +3% shares |
| PVH CORPORATION | PVH | $570.30M | 1.8% | unchanged |
| AMDOCS LTD | $556.70M | 1.8% | +12% shares |
What changed since Q2 2024
Against the Q2 2024 filing, Pzena Investment Management opened 8 new positions, added to 37, trimmed 52, left 60 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
Exited
- TE CONNECTIVITY LTDwas $393.52M
- CAHwas $65.35M
- TCOMwas $18.53M
- EQNRwas $535.4K
- UTHRwas $509.4K
- INTCwas $396.1K
- AYIwas $352.5K
- ATOwas $316.0K
and 3 more
Other quarters
Source: SEC Form 13F-HR, accession 0001027796-24-000048, 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.