Pzena Investment Management 13F, Q4 2024
Richard Pzena · quarter ending 31 December 2024 · filed 7 February 2025 · SEC CIK 1027796
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2024
The 25 largest of 152 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2024 filing.
| Company | Ticker | Value | % of book | vs Q3 2024 |
|---|---|---|---|---|
| MAGNA INTL INC | MGA | $1.62B | 5.5% | +3% shares |
| COGNIZANT TECHNOLOGY SOLUTIO | CTSH | $1.36B | 4.6% | -5% shares |
| CAPITAL ONE FINL CORP | COF | $1.10B | 3.7% | -11% shares |
| BAXTER INTL INC | BAX | $980.89M | 3.3% | +4% shares |
| WELLS FARGO CO NEW | WFC | $971.01M | 3.3% | -12% shares |
| CITIGROUP INC | C | $966.75M | 3.3% | -9% shares |
| CHARTER COMMUNICATIONS INC N | CHTR | $962.15M | 3.3% | -7% shares |
| GLOBAL PMTS INC | GPN | $929.97M | 3.2% | +25% shares |
| HUMANA INC | HUM | $915.74M | 3.1% | +44% shares |
| DOLLAR GEN CORP NEW | DG | $892.20M | 3.0% | +15% shares |
| CVS HEALTH CORP | CVS | $880.32M | 3.0% | +49% shares |
| SS&C TECHNOLOGIES HLDGS INC | SSNC | $875.94M | 3.0% | -9% shares |
| UBS GROUP AG | $820.54M | 2.8% | -4% shares | |
| DOW INC | DOW | $754.16M | 2.6% | unchanged |
| BRISTOL-MYERS SQUIBB CO | BMY | $752.32M | 2.6% | -6% shares |
| BANK AMERICA CORP | BAC | $730.11M | 2.5% | -15% shares |
| LEAR CORP | LEA | $727.21M | 2.5% | unchanged |
| METLIFE INC | MET | $720.84M | 2.5% | -9% shares |
| TYSON FOODS INC | TSN | $688.84M | 2.3% | -4% shares |
| MEDTRONIC PLC | $656.22M | 2.2% | -4% shares | |
| NOV INC | NOV | $605.29M | 2.1% | -4% shares |
| PVH CORPORATION | PVH | $566.21M | 1.9% | -5% shares |
| AMDOCS LTD | $564.87M | 1.9% | +4% shares | |
| SKYWORKS SOLUTIONS INC | SWKS | $499.27M | 1.7% | +38% shares |
| NEWELL BRANDS INC | NWL | $488.14M | 1.7% | -7% shares |
What changed since Q3 2024
Against the Q3 2024 filing, Pzena Investment Management opened 7 new positions, added to 35, trimmed 69, left 41 unchanged and exited 12. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Exited
- GILwas $30.00M
- GAPwas $29.98M
- AXALTA COATING SYS LTDwas $1.34M
- ITURAN LOCATION AND CONTROLwas $601.4K
- RGAwas $505.5K
- DOCUwas $396.1K
- TMUSwas $380.7K
- HLIwas $368.0K
and 4 more
Other quarters
Source: SEC Form 13F-HR, accession 0001027796-25-000014, 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.