Pzena Investment Management LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 24, 2026), Pzena Investment Management LLC reported 158 stock positions worth $30.8 billion. Its top holding was Magna International (MGA) at 6.4% of the portfolio, followed by Cognizant Tech Solutions-A (CTSH, 4.0%) and Tyson Foods Class A (TSN, 3.6%). Compared with Q4 2025, it opened 9 new positions, sold out of 8, added to 65 and reduced 74. The biggest buy was Tyson Foods Class A (TSN, shares +12%) and the biggest sale Dollar General (DG, shares −35%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001027796
- Portfolio Value
- $30.8B (Q1 2026)
- SEC Filing
- 0001027796-26-000024 ↗ filed Apr 24, 2026
Holdings Value
Holdings 158 stocks · $30.8B
| MGA Magna International Inc. | 6.39% | 25,329,355 | $2.0B | Reduce -13.0% |
| CTSH Cognizant Tech Solutions-A | 4.04% | 20,262,362 | $1.2B | Add +14.9% |
| TSN Tyson Foods Inc. Class A | 3.57% | 17,155,713 | $1.1B | Add +12.1% |
| BAX Baxter International Inc. | 3.52% | 64,527,823 | $1.1B | Reduce -7.9% |
| BMY Bristol-Myers Squibb Co. | 3.37% | 17,095,731 | $1.0B | Reduce -4.7% |
| CVS CVS Health Corp. | 3.21% | 13,773,053 | $989.2M | Reduce -11.6% |
| HUM Humana Inc. | 3.08% | 5,470,982 | $948.6M | Add +34.4% |
| C Citigroup Inc. | 3.01% | 8,175,364 | $927.2M | Reduce -23.0% |
| SWKS Skyworks Solutions Inc. | 2.80% | 16,108,138 | $862.6M | Add +27.6% |
| COF Capital One Financial Corp. | 2.71% | 4,580,120 | $835.6M | Reduce -8.8% |
| DOX Amdocs Ltd. | 2.69% | 12,681,089 | $827.6M | Add +5.3% |
| DG Dollar General Corp. | 2.66% | 6,897,541 | $818.9M | Reduce -35.4% |
| LEA Lear Corp. | 2.66% | 6,758,505 | $818.3M | Reduce -9.5% |
| UBS UBS Group AG-Reg | 2.65% | 26,544,355 | $815.7M | Reduce -10.8% |
| MET Metlife Inc. | 2.60% | 11,303,819 | $799.4M | Reduce -4.9% |
| PPG PPG Industries Inc. | 2.60% | 7,478,646 | $799.3M | Add +5.3% |
| DOW Dow Inc. filed as DOW HLDGS INC | 2.56% | 18,947,602 | $789.2M | Reduce -31.4% |
| GPN Global Payments Inc. | 2.54% | 11,615,577 | $781.7M | Add +1.8% |
| NOV Nov Inc. | 2.29% | 37,535,449 | $706.0M | Reduce -11.0% |
| WFC Wells Fargo & Co. | 2.27% | 8,773,128 | $698.4M | Reduce -12.1% |
| SSNC Ss&c Technologies Holdings | 2.13% | 9,699,260 | $655.4M | Reduce -6.0% |
| CRBG Corebridge Financial Inc. | 2.10% | 27,045,794 | $645.3M | Add +14.4% |
| NOK Nokia Corp.-Spon ADR | 1.66% | 63,425,518 | $509.9M | Reduce -31.0% |
| ACN Accenture PLC Class A | 1.55% | 2,405,683 | $477.0M | Add +84.0% |
| PVH PVH Corp. | 1.31% | 5,768,906 | $402.4M | Reduce -6.9% |
| AVT Avnet Inc. | 1.14% | 5,692,230 | $350.8M | Reduce -19.1% |
| UHS Universal Health Services-B | 1.11% | 1,912,235 | $342.2M | Reduce -9.5% |
| FMS Fresenius Medical Care-ADR | 1.10% | 15,052,822 | $339.6M | Add +2.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.02% | 6,422,754 | $313.1M | Reduce -0.9% |
| BAP Credicorp Ltd. | 1.00% | 912,060 | $309.4M | Reduce -14.7% |
| SHEL Shell PLC-ADR | 0.97% | 3,196,449 | $297.3M | Reduce -2.5% |
| MDT Medtronic PLC | 0.89% | 3,157,015 | $273.6M | Reduce -1.9% |
| VOYA Voya Financial Inc. | 0.81% | 3,673,118 | $250.9M | Add +1.3% |
| AAP Advance Auto Parts Inc. | 0.74% | 4,301,089 | $226.9M | Add +8.2% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.64% | 2,672,387 | $197.9M | Reduce -1.2% |
| ZTO Zto Express Cayman Inc.-ADR | 0.61% | 7,460,931 | $187.8M | Reduce -1.6% |
| DAL Delta Air Lines Inc. | 0.61% | 2,807,667 | $186.7M | Reduce -5.9% |
| LKQ LKQ Corp. | 0.59% | 6,232,900 | $183.1M | Add +42.2% |
| SPB Spectrum Brands Holdings Inc. | 0.56% | 2,338,423 | $172.3M | Reduce -2.6% |
| PFE Pfizer Inc. | 0.54% | 5,924,892 | $166.4M | Reduce -9.2% |
| EQH Equitable Holdings Inc. | 0.54% | 4,464,347 | $165.7M | Add +3.2% |
| NWL Newell Brands Inc. | 0.53% | 47,802,935 | $164.0M | Reduce -4.4% |
| HAL Halliburton Co. | 0.51% | 4,067,041 | $158.6M | Reduce -23.8% |
| CI The Cigna Group | 0.50% | 578,448 | $154.3M | Add +1.3% |
| KT KT Corp.-SP ADR | 0.50% | 7,175,547 | $153.9M | New |
| RHI Robert Half Inc. | 0.49% | 5,966,734 | $151.6M | Add +35.8% |
| GL Globe Life Inc. | 0.46% | 1,026,246 | $142.8M | Add +5.1% |
| GLOB Globant SA | 0.44% | 2,968,828 | $136.9M | New |
| CDW CDW Corp. | 0.44% | 1,115,535 | $135.0M | New |
| OLN Olin Corp. | 0.43% | 4,431,613 | $131.8M | Reduce -1.7% |
| TEL Te Connectivity PLC | 0.41% | 603,978 | $126.2M | Reduce -25.6% |
| ST Sensata Technologies Holdplc | 0.40% | 3,482,266 | $122.6M | Reduce -0.8% |
| MHK Mohawk Industries Inc. | 0.37% | 1,152,814 | $113.5M | Reduce -2.8% |
| XOM Exxon Mobil Corp. | 0.34% | 617,144 | $104.7M | Reduce -6.6% |
| CSCO Cisco Systems Inc. | 0.33% | 1,308,740 | $101.5M | Reduce -6.3% |
| CNO Cno Financial Group Inc. | 0.33% | 2,470,921 | $101.5M | Add +0.3% |
| JPM JPMorgan Chase & Co. | 0.32% | 337,262 | $99.2M | Reduce -1.5% |
| WAB Wabtec Corp. | 0.30% | 367,753 | $91.9M | Add +0.4% |
| MICC The Magnum Ice Cream Co. NV | 0.29% | 7,036,187 | $89.4M | New |
| STZ Constellation Brands Inc. Class A | 0.29% | 595,795 | $89.4M | Add +1.0% |
| ARCO Arcos Dorados Holdings Inc. Class A | 0.29% | 10,741,166 | $88.6M | Add +1.7% |
| TFX Teleflex Inc. | 0.27% | 699,125 | $83.6M | Add +84.2% |
| CNXC Concentrix Corp. | 0.26% | 2,943,212 | $80.5M | Add +0.6% |
| MS Morgan Stanley | 0.25% | 476,365 | $78.4M | Add +0.9% |
| HUN Huntsman Corp. | 0.25% | 5,816,359 | $77.4M | Add +1.9% |
| FITB Fifth Third Bancorp | 0.25% | 1,635,817 | $76.0M | Add +74.4% |
| ADNT Adient PLC | 0.24% | 3,635,297 | $73.5M | Reduce -1.1% |
| KNX Knight-Swift Transportation | 0.24% | 1,259,811 | $72.5M | Reduce -0.4% |
| PLOW Douglas Dynamics Inc. | 0.22% | 1,593,133 | $67.1M | Reduce -25.1% |
| AMWD American Woodmark Corp. | 0.21% | 1,643,562 | $65.5M | Add +42.9% |
| HSIC Henry Schein Inc. filed as SCHEIN HENRY INC | 0.21% | 887,639 | $65.4M | Reduce -0.0% |
| OSK Oshkosh Corp. | 0.21% | 438,856 | $64.6M | Reduce -14.6% |
| ELV Elevance Health Inc. | 0.21% | 220,176 | $64.5M | Add +1.8% |
| GPC Genuine Parts Co. | 0.20% | 574,088 | $60.7M | Reduce -5.4% |
| ONB Old National Bancorp | 0.19% | 2,693,642 | $59.5M | Add +7.0% |
| ABM Abm Industries Inc. | 0.19% | 1,522,936 | $58.7M | Add +30.0% |
| WSFS WSFS Financial Corp. | 0.19% | 878,588 | $57.5M | Add +0.2% |
| COLB Columbia Banking System Inc. | 0.18% | 2,033,219 | $55.8M | Add +12.7% |
| MMI Marcus & Millichap Inc. | 0.17% | 2,012,763 | $53.5M | Add +227.6% |
| KFY Korn Ferry | 0.16% | 797,438 | $50.2M | Add +0.7% |
| JNJ Johnson & Johnson | 0.16% | 203,965 | $49.9M | Reduce -17.1% |
| ASB Associated Banc-Corp. | 0.16% | 1,922,982 | $49.7M | Add +10.2% |
| GOOGL Alphabet Inc. Class A | 0.16% | 171,157 | $49.2M | No change |
| RF Regions Financial Corp. | 0.16% | 1,839,825 | $48.1M | No change |
| KOP Koppers Holdings Inc. | 0.15% | 1,209,376 | $46.8M | Add +0.4% |
| REZI Resideo Technologies Inc. | 0.15% | 1,377,030 | $46.4M | Add +0.3% |
| BFH Bread Financial Holdings Inc. | 0.15% | 613,673 | $46.0M | Reduce -4.1% |
| TGT Target Corp. | 0.15% | 373,375 | $45.3M | Reduce -0.2% |
| HCA HCA Healthcare Inc. | 0.14% | 94,261 | $44.6M | Reduce -6.5% |
| MBUU Malibu Boats Inc. Class A | 0.14% | 1,697,457 | $44.0M | Reduce -1.4% |
| VREX Varex Imaging Corp. | 0.14% | 3,992,280 | $42.4M | Add +0.1% |
| SHG Shinhan Financial Group-ADR | 0.14% | 690,651 | $42.4M | Reduce -24.3% |
| MSM MSC Industrial Direct Co. Class A | 0.13% | 444,610 | $41.0M | Reduce -0.0% |
| CBRE CBRE Group Inc. Class A | 0.13% | 301,871 | $40.9M | Add +2.0% |
| NVST Envista Holdings Corp. | 0.13% | 1,604,196 | $40.7M | Reduce -31.0% |
| AEBI Aebi Schmidt Holding AG | 0.13% | 4,110,850 | $39.9M | Reduce -3.3% |
| LDOS Leidos Holdings Inc. | 0.13% | 247,937 | $38.6M | Add +1.5% |
| HR Healthcare Realty Trust Inc. | 0.12% | 2,225,430 | $37.8M | Reduce -0.0% |
| HDB HDFC Bank Ltd.-ADR | 0.12% | 1,519,501 | $37.8M | Add +81.2% |
| GD General Dynamics Corp. | 0.12% | 107,467 | $36.9M | Reduce -63.4% |
Portfolio Sells Q4 2025 → Q1 2026
| DG Dollar General Corp. | Reduce -35.4% | 2.66% | −1.58 |
| COF Capital One Financial Corp. | Reduce -8.8% | 2.71% | −0.93 |
| C Citigroup Inc. | Reduce -23.0% | 3.01% | −0.70 |
| UBS UBS Group AG-Reg | Reduce -10.8% | 2.65% | −0.65 |
| SSNC Ss&c Technologies Holdings | Reduce -6.0% | 2.13% | −0.57 |
| WFC Wells Fargo & Co. | Reduce -12.1% | 2.27% | −0.52 |
| CVS CVS Health Corp. | Reduce -11.6% | 3.21% | −0.49 |
| BAX Baxter International Inc. | Reduce -7.9% | 3.52% | −0.49 |
| UHS Universal Health Services-B | Reduce -9.5% | 1.11% | −0.27 |
| WBS Webster Financial Corp. | Reduce -75.2% | 0.09% | −0.22 |
| MET Metlife Inc. | Reduce -4.9% | 2.60% | −0.21 |
| GD General Dynamics Corp. | Reduce -63.4% | 0.12% | −0.18 |
| TEL Te Connectivity PLC | Reduce -25.6% | 0.41% | −0.14 |
| NOK Nokia Corp.-Spon ADR | Reduce -31.0% | 1.66% | −0.13 |
| CMA Comerica Inc. | Sold out | 0.00% | −0.10 |
| CHTR Charter Communications Inc. Class A | Sold out | 0.00% | −0.07 |
| DRH Diamondrock Hospitality Co. | Reduce -46.7% | 0.09% | −0.06 |
| TRS Trimas Corp. | Reduce -98.2% | 0.00% | −0.06 |
| BAC Bank of America Corp. | Reduce -0.9% | 1.02% | −0.05 |
| DNOW Dnow Inc. | Reduce -25.6% | 0.12% | −0.05 |
| MDT Medtronic PLC | Reduce -1.9% | 0.89% | −0.04 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.03 |
| AEBI Aebi Schmidt Holding AG | Reduce -3.3% | 0.13% | −0.03 |
| GPC Genuine Parts Co. | Reduce -5.4% | 0.20% | −0.03 |
| NWL Newell Brands Inc. | Reduce -4.4% | 0.53% | −0.02 |
| HELE Helen of Troy Ltd. | Reduce -19.7% | 0.04% | −0.02 |
| FMC FMC Corp. | Sold out | 0.00% | −0.02 |
| MHK Mohawk Industries Inc. | Reduce -2.8% | 0.37% | −0.02 |
| NVST Envista Holdings Corp. | Reduce -31.0% | 0.13% | −0.02 |
| G Genpact Ltd. | Reduce -0.0% | 0.09% | −0.01 |
| DAL Delta Air Lines Inc. | Reduce -5.9% | 0.61% | −0.01 |
| SHG Shinhan Financial Group-ADR | Reduce -24.3% | 0.14% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -1.5% | 0.32% | −0.01 |
| BIDU Baidu Inc. - Spon ADR | Reduce -13.7% | 0.02% | −0.00 |
| USNA Usana Health Sciences Inc. | Reduce -2.3% | 0.06% | −0.00 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -27.9% | 0.02% | −0.00 |
| MBUU Malibu Boats Inc. Class A | Reduce -1.4% | 0.14% | −0.00 |
| BCS Barclays PLC-Spons ADR | Reduce -60.2% | 0.00% | −0.00 |
| MT Arcelormittal-NY Registered | Reduce -46.6% | 0.00% | −0.00 |
| CINF Cincinnati Financial Corp. | Sold out | 0.00% | −0.00 |
| ADM Archer-Daniels-Midland Co. | Sold out | 0.00% | −0.00 |
| INTC Intel Corp. | Sold out | 0.00% | −0.00 |
| TPG TPG Inc. | Sold out | 0.00% | −0.00 |
| MRK Merck & Co. Inc. | Reduce -24.5% | 0.00% | −0.00 |
| HALO Halozyme Therapeutics Inc. | Reduce -5.3% | 0.00% | 0.00 |
| HOLX Hologic Inc. | Reduce -3.5% | 0.00% | +0.00 |
| CRUS Cirrus Logic Inc. | Reduce -4.9% | 0.00% | +0.00 |
| HCA HCA Healthcare Inc. | Reduce -6.5% | 0.14% | +0.00 |
| BFH Bread Financial Holdings Inc. | Reduce -4.1% | 0.15% | +0.01 |
| CSCO Cisco Systems Inc. | Reduce -6.3% | 0.33% | +0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| TSN Tyson Foods Inc. Class A | Add +12.1% | 3.57% | +0.88 |
| KT KT Corp.-SP ADR | New | 0.50% | +0.50 |
| ACN Accenture PLC Class A | Add +84.0% | 1.55% | +0.50 |
| GLOB Globant SA | New | 0.44% | +0.44 |
| CDW CDW Corp. | New | 0.44% | +0.44 |
| PPG PPG Industries Inc. | Add +5.3% | 2.60% | +0.42 |
| SWKS Skyworks Solutions Inc. | Add +27.6% | 2.80% | +0.40 |
| MICC The Magnum Ice Cream Co. NV | New | 0.29% | +0.29 |
| AAP Advance Auto Parts Inc. | Add +8.2% | 0.74% | +0.27 |
| LKQ LKQ Corp. | Add +42.2% | 0.59% | +0.20 |
| RHI Robert Half Inc. | Add +35.8% | 0.49% | +0.13 |
| TFX Teleflex Inc. | Add +84.2% | 0.27% | +0.13 |
| MMI Marcus & Millichap Inc. | Add +227.6% | 0.17% | +0.12 |
| FITB Fifth Third Bancorp | Add +74.4% | 0.25% | +0.12 |
| MLKN Millerknoll Inc. | New | 0.09% | +0.09 |
| HUN Huntsman Corp. | Add +1.9% | 0.25% | +0.08 |
| WAB Wabtec Corp. | Add +0.4% | 0.30% | +0.06 |
| ARCO Arcos Dorados Holdings Inc. Class A | Add +1.7% | 0.29% | +0.06 |
| GL Globe Life Inc. | Add +5.1% | 0.46% | +0.06 |
| KOP Koppers Holdings Inc. | Add +0.4% | 0.15% | +0.05 |
| FMS Fresenius Medical Care-ADR | Add +2.0% | 1.10% | +0.05 |
| STZ Constellation Brands Inc. Class A | Add +1.0% | 0.29% | +0.05 |
| ABM Abm Industries Inc. | Add +30.0% | 0.19% | +0.04 |
| WSFS WSFS Financial Corp. | Add +0.2% | 0.19% | +0.04 |
| HDB HDFC Bank Ltd.-ADR | Add +81.2% | 0.12% | +0.03 |
| CI The Cigna Group | Add +1.3% | 0.50% | +0.03 |
| COLB Columbia Banking System Inc. | Add +12.7% | 0.18% | +0.03 |
| AMWD American Woodmark Corp. | Add +42.9% | 0.21% | +0.03 |
| ASB Associated Banc-Corp. | Add +10.2% | 0.16% | +0.03 |
| ONB Old National Bancorp | Add +7.0% | 0.19% | +0.03 |
| OEC Orion SA | Add +0.4% | 0.10% | +0.02 |
| CNO Cno Financial Group Inc. | Add +0.3% | 0.33% | +0.02 |
| ABEV Ambev SA-ADR | Add +6.7% | 0.04% | +0.01 |
| PBR.A Petroleo Brasil-SP Pref ADR | Add +57.7% | 0.01% | +0.01 |
| KFY Korn Ferry | Add +0.7% | 0.16% | +0.01 |
| KEY Keycorp | Add +0.9% | 0.11% | +0.01 |
| REZI Resideo Technologies Inc. | Add +0.3% | 0.15% | +0.01 |
| VOYA Voya Financial Inc. | Add +1.3% | 0.81% | +0.01 |
| UVV Universal Corp. | Add +0.6% | 0.06% | +0.00 |
| MS Morgan Stanley | Add +0.9% | 0.25% | +0.00 |
| EQNR Equinor ASA-Spon ADR | Add +37.1% | 0.01% | +0.00 |
| VALE Vale SA-SP ADR | Add +9.3% | 0.01% | +0.00 |
| TTE Totalenergies SE | Add +7.0% | 0.01% | +0.00 |
| SCSC Scansource Inc. | Add +0.6% | 0.11% | +0.00 |
| GSK GSK PLC-Spon ADR | Add +40.0% | 0.00% | +0.00 |
| SNY Sanofi-ADR | Add +62.5% | 0.00% | +0.00 |
| HSBC HSBC Holdings PLC-Spons ADR | Add +4.6% | 0.01% | +0.00 |
| ING ING Groep N.V.-Sponsored ADR | Add +17.0% | 0.01% | +0.00 |
| MSFT Microsoft Corp. | New | 0.00% | +0.00 |
| ADSK Autodesk Inc. | New | 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 |