Pzena Investment Management LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 2, 2024), Pzena Investment Management LLC reported 160 stock positions worth $28.4 billion. Its top holding was Cognizant Tech Solutions-A (CTSH) at 4.4% of the portfolio, followed by Magna International (MGA, 4.2%) and Baxter International (BAX, 3.6%). Compared with Q1 2024, it opened 12 new positions, sold out of 11, added to 51 and reduced 84. The biggest buy was Humana (HUM, shares +539%) and the biggest sale Wabtec (WAB, shares −75%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001027796
- Portfolio Value
- $28.4B (Q2 2024)
- SEC Filing
- 0001027796-24-000014 ↗ filed Aug 2, 2024
Holdings Value
Holdings 160 stocks · $28.4B
| CTSH Cognizant Tech Solutions-A | 4.45% | 18,609,898 | $1.3B | Add +11.7% |
| MGA Magna International Inc. | 4.23% | 20,958,945 | $1.2B | Add +16.2% |
| BAX Baxter International Inc. | 3.63% | 30,823,004 | $1.0B | Add +26.3% |
| DOW Dow Inc. | 3.52% | 18,865,864 | $1.0B | Add +1.9% |
| C Citigroup Inc. | 3.42% | 15,317,724 | $972.1M | Reduce -6.2% |
| COF Capital One Financial Corp. | 3.37% | 6,932,548 | $959.8M | Reduce -5.0% |
| WFC Wells Fargo & Co. | 3.28% | 15,706,472 | $932.8M | Reduce -8.3% |
| EIX Edison International | 3.25% | 12,875,286 | $924.6M | Reduce -5.4% |
| CHTR Charter Communications Inc. Class A | 3.18% | 3,023,589 | $903.9M | Add +6.2% |
| SSNC Ss&c Technologies Holdings | 3.13% | 14,209,105 | $890.5M | Reduce -2.1% |
| HUM Humana Inc. | 3.05% | 2,318,347 | $866.3M | Add +538.7% |
| LEA Lear Corp. | 2.89% | 7,187,890 | $820.9M | Add +15.2% |
| UBS UBS Group AG-Reg | 2.79% | 29,951,235 | $792.2M | Add +0.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.77% | 19,833,297 | $788.8M | Reduce -7.6% |
| CVS CVS Health Corp. | 2.69% | 12,936,388 | $764.0M | Add +132.9% |
| EQH Equitable Holdings Inc. | 2.68% | 18,642,684 | $761.7M | Reduce -26.4% |
| TSN Tyson Foods Inc. Class A | 2.51% | 12,489,564 | $713.7M | Add +18.4% |
| MET Metlife Inc. | 2.38% | 9,646,066 | $677.1M | Reduce -3.8% |
| NOV Nov Inc. | 2.35% | 35,175,886 | $668.7M | Add +0.3% |
| MDT Medtronic PLC | 2.30% | 8,307,123 | $653.9M | Add +8.3% |
| GPN Global Payments Inc. | 2.18% | 6,423,463 | $621.1M | Add +194.2% |
| PVH PVH Corp. | 2.09% | 5,623,706 | $595.4M | Add +5.3% |
| BMY Bristol-Myers Squibb Co. | 2.06% | 14,134,337 | $587.0M | Add +15.0% |
| DOX Amdocs Ltd. | 1.57% | 5,667,603 | $447.3M | Add +33.2% |
| AVT Avnet Inc. | 1.55% | 8,576,821 | $441.6M | Reduce -0.2% |
| SWKS Skyworks Solutions Inc. | 1.53% | 4,090,292 | $435.9M | Add +19.3% |
| TEL Te Connectivity Ltd. | 1.38% | 2,616,000 | $393.5M | Reduce -6.5% |
| NWL Newell Brands Inc. | 1.18% | 52,479,058 | $336.4M | Reduce -2.4% |
| NOK Nokia Corp.-Spon ADR | 1.10% | 82,524,553 | $311.9M | Add +22.3% |
| FMS Fresenius Medical Care-ADR | 1.09% | 16,184,221 | $309.0M | Reduce -0.5% |
| SHEL Shell PLC-ADR | 0.94% | 3,692,200 | $266.5M | Reduce -5.2% |
| VOYA Voya Financial Inc. | 0.92% | 3,684,112 | $262.1M | Reduce -2.5% |
| DG Dollar General Corp. | 0.86% | 1,850,151 | $244.6M | Reduce -4.3% |
| PFE Pfizer Inc. | 0.71% | 7,257,680 | $203.1M | Reduce -5.4% |
| GS Goldman Sachs Group Inc. | 0.70% | 439,281 | $198.7M | Reduce -6.9% |
| JPM JPMorgan Chase & Co. | 0.68% | 960,532 | $194.3M | Reduce -26.9% |
| CI The Cigna Group | 0.63% | 539,956 | $178.5M | Reduce -0.3% |
| CNO Cno Financial Group Inc. | 0.59% | 6,026,883 | $167.1M | Reduce -7.8% |
| BAP Credicorp Ltd. | 0.53% | 934,956 | $150.8M | Add +0.1% |
| OLN Olin Corp. | 0.46% | 2,766,998 | $130.5M | Reduce -3.9% |
| JELD Jeld-Wen Holding Inc. | 0.44% | 9,320,851 | $125.6M | Add +26.3% |
| MHK Mohawk Industries Inc. | 0.44% | 1,092,046 | $124.0M | Reduce -25.3% |
| ZTO Zto Express Cayman Inc.-ADR | 0.43% | 5,960,272 | $123.7M | Add +1.2% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.39% | 867,970 | $112.0M | New |
| AXS Axis Capital Holdings Ltd. | 0.38% | 1,519,972 | $107.4M | Reduce -15.1% |
| ELV Elevance Health Inc. | 0.37% | 192,255 | $104.2M | Reduce -0.5% |
| SPB Spectrum Brands Holdings Inc. | 0.36% | 1,187,128 | $102.0M | Reduce -9.8% |
| CNXC Concentrix Corp. | 0.33% | 1,484,907 | $94.0M | Add +46.6% |
| SCS Steelcase Inc. Class A | 0.32% | 7,092,675 | $91.9M | Add +0.5% |
| UHS Universal Health Services-B | 0.30% | 455,323 | $84.2M | Reduce -0.1% |
| GD General Dynamics Corp. | 0.28% | 270,352 | $78.4M | No change |
| CHRW C.H. Robinson Worldwide Inc. | 0.27% | 877,727 | $77.3M | Add +0.5% |
| AAP Advance Auto Parts Inc. | 0.27% | 1,210,503 | $76.7M | Reduce -3.4% |
| GL Globe Life Inc. | 0.27% | 930,378 | $76.6M | Add +146.3% |
| WBS Webster Financial Corp. | 0.27% | 1,743,173 | $76.0M | Reduce -6.1% |
| DRH Diamondrock Hospitality Co. | 0.26% | 8,835,117 | $74.7M | Reduce -2.4% |
| MRC MRC Global Inc. | 0.26% | 5,750,384 | $74.2M | Reduce -21.9% |
| LDOS Leidos Holdings Inc. | 0.26% | 502,710 | $73.3M | Reduce -44.6% |
| MS Morgan Stanley | 0.26% | 749,823 | $72.9M | Reduce -0.3% |
| WAB Wabtec Corp. | 0.25% | 454,395 | $71.8M | Reduce -75.4% |
| KFY Korn Ferry | 0.25% | 1,044,888 | $70.2M | Reduce -6.6% |
| BDC Belden Inc. | 0.25% | 744,020 | $69.8M | Reduce -12.9% |
| XOM Exxon Mobil Corp. | 0.24% | 594,716 | $68.5M | Reduce -0.3% |
| CAH Cardinal Health Inc. | 0.23% | 664,657 | $65.3M | Add +0.5% |
| REZI Resideo Technologies Inc. | 0.22% | 3,262,732 | $63.8M | Reduce -19.9% |
| AXTA Axalta Coating Systems Ltd. | 0.22% | 1,859,806 | $63.5M | Reduce -41.7% |
| HSIC Henry Schein Inc. | 0.22% | 989,671 | $63.4M | No change |
| CBRE CBRE Group Inc. Class A | 0.21% | 671,038 | $59.8M | Reduce -0.1% |
| OEC Orion SA | 0.21% | 2,693,587 | $59.1M | Reduce -6.1% |
| TRS Trimas Corp. | 0.20% | 2,260,502 | $57.8M | Reduce -5.6% |
| ONB Old National Bancorp | 0.19% | 3,143,473 | $54.0M | Reduce -3.2% |
| ASB Associated Banc-Corp. | 0.19% | 2,510,879 | $53.1M | Reduce -3.2% |
| GIL Gildan Activewear Inc. | 0.18% | 1,380,406 | $52.3M | Reduce -70.9% |
| HAL Halliburton Co. | 0.18% | 1,541,798 | $52.1M | Reduce -0.7% |
| MBUU Malibu Boats Inc. Class A | 0.18% | 1,478,316 | $51.8M | New |
| FNF Fidelity National Financial | 0.18% | 1,020,498 | $50.4M | Reduce -5.1% |
| UVV Universal Corp. | 0.17% | 1,031,955 | $49.7M | Reduce -3.5% |
| CSCO Cisco Systems Inc. | 0.17% | 1,034,714 | $49.2M | Reduce -0.4% |
| COLB Columbia Banking System Inc. | 0.17% | 2,432,447 | $48.4M | Reduce -1.0% |
| ADNT Adient PLC | 0.17% | 1,948,349 | $48.1M | Reduce -1.6% |
| RHI Robert Half Inc. | 0.16% | 724,262 | $46.3M | Add +42.8% |
| USNA Usana Health Sciences Inc. | 0.16% | 976,633 | $44.2M | Add +24.4% |
| FITB Fifth Third Bancorp | 0.15% | 1,169,345 | $42.7M | Reduce -13.1% |
| WSFS WSFS Financial Corp. | 0.15% | 899,659 | $42.3M | Reduce -3.5% |
| CRBG Corebridge Financial Inc. | 0.15% | 1,439,862 | $41.9M | Reduce -9.4% |
| MBC Masterbrand Inc. | 0.14% | 2,803,219 | $41.2M | Reduce -3.4% |
| SCSC Scansource Inc. | 0.14% | 927,583 | $41.1M | Reduce -38.4% |
| MCK McKesson Corp. | 0.14% | 67,079 | $39.2M | Reduce -31.5% |
| DAN Dana Inc. | 0.14% | 3,225,513 | $39.1M | Reduce -6.1% |
| SHYF The Shyft Group Inc. | 0.14% | 3,243,834 | $38.5M | Add +889.8% |
| RF Regions Financial Corp. | 0.13% | 1,899,232 | $38.1M | No change |
| VREX Varex Imaging Corp. | 0.13% | 2,569,213 | $37.8M | Add +41.5% |
| ABEV Ambev SA-ADR | 0.13% | 18,385,312 | $37.7M | Add +29.4% |
| SHG Shinhan Financial Group-ADR | 0.13% | 1,082,552 | $37.7M | Add +27.9% |
| G Genpact Ltd. | 0.13% | 1,163,870 | $37.5M | Add +130.3% |
| MSM MSC Industrial Direct Co. Class A | 0.13% | 461,901 | $36.6M | No change |
| AIG American International Group | 0.12% | 475,206 | $35.3M | Reduce -72.0% |
| GAP The Gap Inc. | 0.12% | 1,431,093 | $34.2M | Reduce -67.4% |
| JNJ Johnson & Johnson | 0.12% | 230,144 | $33.6M | Reduce -0.1% |
| FMC FMC Corp. | 0.12% | 576,737 | $33.2M | New |
Portfolio Sells Q1 2024 → Q2 2024
| WAB Wabtec Corp. | Reduce -75.4% | 0.25% | −0.67 |
| EQH Equitable Holdings Inc. | Reduce -26.4% | 2.68% | −0.63 |
| GIL Gildan Activewear Inc. | Reduce -70.9% | 0.18% | −0.42 |
| COF Capital One Financial Corp. | Reduce -5.0% | 3.37% | −0.36 |
| DIS The Walt Disney Co. | Reduce -74.0% | 0.09% | −0.34 |
| AIG American International Group | Reduce -72.0% | 0.12% | −0.33 |
| NWL Newell Brands Inc. | Reduce -2.4% | 1.18% | −0.30 |
| GAP The Gap Inc. | Reduce -67.4% | 0.12% | −0.30 |
| MHK Mohawk Industries Inc. | Reduce -25.3% | 0.44% | −0.22 |
| JPM JPMorgan Chase & Co. | Reduce -26.9% | 0.68% | −0.22 |
| DG Dollar General Corp. | Reduce -4.3% | 0.86% | −0.18 |
| MET Metlife Inc. | Reduce -3.8% | 2.38% | −0.17 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -73.2% | 0.07% | −0.16 |
| AXTA Axalta Coating Systems Ltd. | Reduce -41.7% | 0.22% | −0.15 |
| LDOS Leidos Holdings Inc. | Reduce -44.6% | 0.26% | −0.15 |
| GMS GMS Inc. | Sold out | 0.00% | −0.14 |
| WFC Wells Fargo & Co. | Reduce -8.3% | 3.28% | −0.13 |
| C Citigroup Inc. | Reduce -6.2% | 3.42% | −0.13 |
| OLN Olin Corp. | Reduce -3.9% | 0.46% | −0.12 |
| AMWD American Woodmark Corp. | Reduce -43.7% | 0.08% | −0.10 |
| FBIN Fortune Brands Innovations I | Sold out | 0.00% | −0.10 |
| TILE Interface Inc. | Reduce -46.9% | 0.09% | −0.10 |
| AAP Advance Auto Parts Inc. | Reduce -3.4% | 0.27% | −0.10 |
| RGA Reinsurance Group of America | Reduce -97.0% | 0.00% | −0.10 |
| REVG Rev Group Inc. | Sold out | 0.00% | −0.10 |
| REZI Resideo Technologies Inc. | Reduce -19.9% | 0.22% | −0.09 |
| DOOR Masonite International Corp. | Sold out | 0.00% | −0.08 |
| SCSC Scansource Inc. | Reduce -38.4% | 0.14% | −0.08 |
| SSNC Ss&c Technologies Holdings | Reduce -2.1% | 3.13% | −0.08 |
| MDU Mdu Resources Group Inc. | Sold out | 0.00% | −0.07 |
| MTZ Mastec Inc. | Sold out | 0.00% | −0.06 |
| MRC MRC Global Inc. | Reduce -21.9% | 0.26% | −0.06 |
| WBS Webster Financial Corp. | Reduce -6.1% | 0.27% | −0.06 |
| ADNT Adient PLC | Reduce -1.6% | 0.17% | −0.05 |
| EIX Edison International | Reduce -5.4% | 3.25% | −0.05 |
| CI The Cigna Group | Reduce -0.3% | 0.63% | −0.05 |
| SPB Spectrum Brands Holdings Inc. | Reduce -9.8% | 0.36% | −0.04 |
| MCK McKesson Corp. | Reduce -31.5% | 0.14% | −0.04 |
| MBC Masterbrand Inc. | Reduce -3.4% | 0.14% | −0.04 |
| HOFT Hooker Furnishings Corp. | Reduce -1.6% | 0.06% | −0.04 |
| KOP Koppers Holdings Inc. | Reduce -15.6% | 0.05% | −0.04 |
| VOYA Voya Financial Inc. | Reduce -2.5% | 0.92% | −0.04 |
| DRH Diamondrock Hospitality Co. | Reduce -2.4% | 0.26% | −0.04 |
| CNO Cno Financial Group Inc. | Reduce -7.8% | 0.59% | −0.03 |
| HAL Halliburton Co. | Reduce -0.7% | 0.18% | −0.03 |
| BDC Belden Inc. | Reduce -12.9% | 0.25% | −0.03 |
| TBI Trueblue Inc. | Reduce -4.2% | 0.10% | −0.02 |
| OEC Orion SA | Reduce -6.1% | 0.21% | −0.02 |
| AXS Axis Capital Holdings Ltd. | Reduce -15.1% | 0.38% | −0.02 |
| FITB Fifth Third Bancorp | Reduce -13.1% | 0.15% | −0.02 |
Portfolio Buys Q1 2024 → Q2 2024
| HUM Humana Inc. | Add +538.7% | 3.05% | +2.61 |
| GPN Global Payments Inc. | Add +194.2% | 2.18% | +1.18 |
| CVS CVS Health Corp. | Add +132.9% | 2.69% | +1.17 |
| KSPI JSC Kaspi.kz ADR | New | 0.39% | +0.39 |
| TSN Tyson Foods Inc. Class A | Add +18.4% | 2.51% | +0.38 |
| CHTR Charter Communications Inc. Class A | Add +6.2% | 3.18% | +0.34 |
| NOK Nokia Corp.-Spon ADR | Add +22.3% | 1.10% | +0.28 |
| SWKS Skyworks Solutions Inc. | Add +19.3% | 1.53% | +0.26 |
| CTSH Cognizant Tech Solutions-A | Add +11.7% | 4.45% | +0.26 |
| DOX Amdocs Ltd. | Add +33.2% | 1.57% | +0.25 |
| MBUU Malibu Boats Inc. Class A | New | 0.18% | +0.18 |
| SHYF The Shyft Group Inc. | Add +889.8% | 0.14% | +0.12 |
| GL Globe Life Inc. | Add +146.3% | 0.27% | +0.12 |
| FMC FMC Corp. | New | 0.12% | +0.12 |
| PLOW Douglas Dynamics Inc. | New | 0.12% | +0.12 |
| CNXC Concentrix Corp. | Add +46.6% | 0.33% | +0.10 |
| MAN Manpowergroup Inc. | New | 0.09% | +0.09 |
| WCC Wesco International Inc. | New | 0.08% | +0.08 |
| G Genpact Ltd. | Add +130.3% | 0.13% | +0.07 |
| ABM Abm Industries Inc. | New | 0.07% | +0.07 |
| BAX Baxter International Inc. | Add +26.3% | 3.63% | +0.04 |
| CHRW C.H. Robinson Worldwide Inc. | Add +0.5% | 0.27% | +0.04 |
| GCO Genesco Inc. | Add +64.1% | 0.11% | +0.04 |
| MMI Marcus & Millichap Inc. | Add +122.2% | 0.07% | +0.04 |
| SHG Shinhan Financial Group-ADR | Add +27.9% | 0.13% | +0.03 |
| RHI Robert Half Inc. | Add +42.8% | 0.16% | +0.02 |
| USNA Usana Health Sciences Inc. | Add +24.4% | 0.16% | +0.02 |
| VREX Varex Imaging Corp. | Add +41.5% | 0.13% | +0.02 |
| HDB HDFC Bank Ltd.-ADR | Add +9.4% | 0.07% | +0.02 |
| ABEV Ambev SA-ADR | Add +29.4% | 0.13% | +0.01 |
| ZTO Zto Express Cayman Inc.-ADR | Add +1.2% | 0.43% | +0.01 |
| SCS Steelcase Inc. Class A | Add +0.5% | 0.32% | +0.01 |
| MDT Medtronic PLC | Add +8.3% | 2.30% | +0.00 |
| EQNR Equinor ASA-Spon ADR | New | 0.00% | +0.00 |
| DBX Dropbox Inc. Class A | New | 0.00% | +0.00 |
| ATO Atmos Energy Corp. | New | 0.00% | +0.00 |
| ULTA Ulta Beauty Inc. | New | 0.00% | +0.00 |
| NOV Nov Inc. | Add +0.3% | 2.35% | +0.00 |
| HLI Houlihan Lokey Inc. | Add +82.4% | 0.00% | +0.00 |
| HIG Hartford Insurance Group Inc. | New | 0.00% | +0.00 |
| LPLA LPL Financial Holdings Inc. | Add +51.2% | 0.00% | +0.00 |
| BABA Alibaba Group Holding-SP ADR | Add +0.3% | 0.02% | +0.00 |
| DOCU Docusign Inc. | Add +45.6% | 0.00% | +0.00 |
| NWG Natwest Group PLC -Spon ADR | Add +0.9% | 0.00% | +0.00 |
| QRVO Qorvo Inc. | Add +26.4% | 0.00% | +0.00 |
| VALE Vale SA-SP ADR | Add +10.5% | 0.01% | +0.00 |
| ING ING Groep N.V.-Sponsored ADR | Add +1.2% | 0.00% | +0.00 |
| DLTR Dollar Tree Inc. | Add +39.9% | 0.00% | +0.00 |
| VOD Vodafone Group PLC-SP ADR | Add +2.7% | 0.00% | 0.00 |
| ITRN Ituran Location and Control | Add +3.4% | 0.00% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 161 | $34.1B | MGA, HUM, BAX, CVS, DG |
| Q1 2026 | 158 | $30.8B | MGA, CTSH, TSN, BAX, BMY |
| Q4 2025 | 157 | $33.4B | MGA, CTSH, DG, BAX, C |
| Q3 2025 | 154 | $30.9B | MGA, BAX, C, DG, CVS |
| Q2 2025 | 152 | $30.8B | MGA, CTSH, DG, BAX, C |
| Q1 2025 | 146 | $28.6B | MGA, CTSH, BAX, CVS, DG |
| Q4 2024 | 152 | $29.4B | MGA, CTSH, COF, BAX, WFC |
| Q3 2024 | 157 | $31.0B | MGA, CTSH, BAX, COF, DOW |
| Q2 2024 | 160 | $28.4B | CTSH, MGA, BAX, DOW, C |
| Q1 2024 | 159 | $29.1B | MGA, CTSH, COF, DOW, BAX |