Pzena Investment Management 13F, Q1 2026
Richard Pzena · quarter ending 31 March 2026 · filed 24 April 2026 · SEC CIK 1027796
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2026
The 25 largest of 158 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2025 filing.
| Company | Ticker | Value | % of book | vs Q4 2025 |
|---|---|---|---|---|
| MAGNA INTL INC | MGA | $1.97B | 6.4% | -13% shares |
| COGNIZANT TECHNOLOGY SOLUTIO | CTSH | $1.24B | 4.0% | +15% shares |
| TYSON FOODS INC | TSN | $1.10B | 3.6% | +12% shares |
| BAXTER INTL INC | BAX | $1.08B | 3.5% | -8% shares |
| BRISTOL-MYERS SQUIBB CO | BMY | $1.04B | 3.4% | -5% shares |
| CVS HEALTH CORP | CVS | $989.18M | 3.2% | -12% shares |
| HUMANA INC | HUM | $948.61M | 3.1% | +34% shares |
| CITIGROUP INC | C | $927.17M | 3.0% | -23% shares |
| SKYWORKS SOLUTIONS INC | SWKS | $862.59M | 2.8% | +28% shares |
| CAPITAL ONE FINL CORP | COF | $835.55M | 2.7% | -9% shares |
| AMDOCS LTD | $827.57M | 2.7% | +5% shares | |
| DOLLAR GEN CORP | DG | $818.95M | 2.7% | -35% shares |
| LEAR CORP | LEA | $818.32M | 2.7% | -10% shares |
| UBS GROUP AG | $815.71M | 2.6% | -11% shares | |
| METLIFE INC | MET | $799.41M | 2.6% | -5% shares |
| PPG INDS INC | PPG | $799.32M | 2.6% | +5% shares |
| DOW HLDGS INC | DOW | $789.17M | 2.6% | -31% shares |
| GLOBAL PMTS INC | GPN | $781.73M | 2.5% | unchanged |
| NOV INC | NOV | $706.04M | 2.3% | -11% shares |
| WELLS FARGO & CO | WFC | $698.43M | 2.3% | -12% shares |
| SS&C TECH HLDGS | SSNC | $655.38M | 2.1% | -6% shares |
| COREBRIDGE FINL INC | CRBG | $645.31M | 2.1% | +14% shares |
| NOKIA CORP | NOK | $509.94M | 1.7% | -31% shares |
| ACCENTURE PLC IRELAND | $477.02M | 1.6% | +84% shares | |
| PVH CORPORATION | PVH | $402.44M | 1.3% | -7% shares |
What changed since Q4 2025
Against the Q4 2025 filing, Pzena Investment Management opened 9 new positions, added to 39, trimmed 54, left 56 unchanged and exited 8. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- KT$153.92M
- GLOBANT S A$136.89M
- CDW$135.00M
- MAGNUM ICE CREAM CO NV$89.43M
- MLKN$28.86M
- MSFT$282.1K
- ADSK$243.7K
- INTU$242.1K
and 1 more
Exited
- CMAwas $32.51M
- CHTRwas $24.78M
- GSwas $10.75M
- FMCwas $7.93M
- CINFwas $292.7K
- ADMwas $278.4K
- INTCwas $277.3K
- TPGwas $216.2K
Other quarters
Source: SEC Form 13F-HR, accession 0001027796-26-000024, 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.