Pzena Investment Management LLC

Period:: Q1 2026
Portfolio date:: Mar 31, 2026
No. of stocks:: 157
Portfolio value:: $30,796,447,000
Filed:: Apr 24, 2026
CIK:: 1027796

Stock	Issuer	% of Portfolio	Recent Activity	Shares	Price	Value ▼
MGA hist	MAGNA INTL INC	6.39	Reduce 13.00%	25,329,355	$77.69	$1.97B
SPGI hist	GLOBAL PMTS INC	4.67	Add 87.00%	21,314,837	$67.42	$1.44B
CTSH hist	COGNIZANT TECHNOLOGY SOLUTIO	4.04	Add 15.00%	20,262,362	$61.35	$1.24B
TSN hist	TYSON FOODS INC	3.57	Add 12.00%	17,155,713	$64.07	$1.10B
BAX hist	BAXTER INTL INC	3.52	Reduce 8.00%	64,527,823	$16.80	$1.08B
BMY hist	BRISTOL-MYERS SQUIBB CO	3.37	Reduce 5.00%	17,095,731	$60.65	$1.04B
CVS hist	CVS HEALTH CORP	3.21	Reduce 12.00%	13,773,053	$71.82	$989.18M
HUM hist	HUMANA INC	3.08	Add 34.00%	5,470,982	$173.39	$948.61M
C hist	CITIGROUP INC	3.01	Reduce 23.00%	8,175,364	$113.41	$927.17M
SWKS hist	SKYWORKS SOLUTIONS INC	2.80	Add 28.00%	16,108,138	$53.55	$862.59M
COF hist	CAPITAL ONE FINL CORP	2.71	Reduce 9.00%	4,580,120	$182.43	$835.55M
DOX hist	AMDOCS LTD	2.69	Add 5.00%	12,681,089	$65.26	$827.57M
DG hist	DOLLAR GEN CORP	2.66	Reduce 35.00%	6,897,541	$118.73	$818.95M
LEA hist	LEAR CORP	2.66	Reduce 9.00%	6,758,505	$121.08	$818.32M
UBS hist	UBS GROUP AG	2.65	Reduce 11.00%	26,544,355	$30.73	$815.71M
MET hist	METLIFE INC	2.60	Reduce 5.00%	11,303,819	$70.72	$799.41M
PPG hist	PPG INDS INC	2.60	Add 5.00%	7,478,646	$106.88	$799.32M
DOW hist	DOW HLDGS INC	2.56	Reduce 31.00%	18,947,602	$41.65	$789.17M
NOV hist	NOV INC	2.29	Reduce 11.00%	37,535,449	$18.81	$706.04M
WFC hist	WELLS FARGO & CO	2.27	Reduce 12.00%	8,773,128	$79.61	$698.43M
CRBG hist	COREBRIDGE FINL INC	2.10	Add 14.00%	27,045,794	$23.86	$645.31M
NOK hist	NOKIA CORP	1.66	Reduce 31.00%	63,425,518	$8.04	$509.94M
ACN hist	ACCENTURE PLC IRELAND	1.55	Add 84.00%	2,405,683	$198.29	$477.02M
PVH hist	PVH CORPORATION	1.31	Reduce 7.00%	5,768,906	$69.76	$402.44M
AVT hist	AVNET INC	1.14	Reduce 19.00%	5,692,230	$61.62	$350.75M
UHS hist	UNIVERSAL HLTH SVCS INC	1.11	Reduce 9.00%	1,912,235	$178.97	$342.23M
FMS hist	FRESENIUS MEDICAL CARE AG	1.10	Add 2.00%	15,052,822	$22.56	$339.59M
BAC hist	BANK AMERICA CORP	1.02	Reduce 1.00%	6,422,754	$48.75	$313.11M
BAP hist	CREDICORP LTD	1.00	Reduce 15.00%	912,060	$339.18	$309.35M
SHEL hist	SHELL PLC	0.97	Reduce 2.00%	3,196,449	$93.00	$297.27M
MDT hist	MEDTRONIC PLC	0.89	Reduce 2.00%	3,157,015	$86.65	$273.56M
VOYA hist	VOYA FINANCIAL INC	0.81	Add 1.00%	3,673,118	$68.32	$250.95M
AAP hist	ADVANCE AUTO PARTS INC	0.74	Add 8.00%	4,301,089	$52.75	$226.88M
KSPI hist	KASPI KZ JSC	0.64	Reduce 1.00%	2,672,387	$74.07	$197.94M
ZTO hist	ZTO EXPRESS CAYMAN INC	0.61	Reduce 2.00%	7,460,931	$25.17	$187.79M
DAL hist	DELTA AIR LINES INC	0.61	Reduce 6.00%	2,807,667	$66.48	$186.65M
LKQ hist	LKQ CORP	0.59	Add 42.00%	6,232,900	$29.37	$183.06M
SPB hist	SPECTRUM BRANDS HOLDINGS INC	0.56	Reduce 3.00%	2,338,423	$73.70	$172.34M
PFE hist	PFIZER INC	0.54	Reduce 9.00%	5,924,892	$28.08	$166.37M
EQH hist	EQUITABLE HLDGS INC	0.54	Buy	4,464,347	$37.11	$165.67M
NWL hist	NEWELL BRANDS INC	0.53	Reduce 4.00%	47,802,935	$3.43	$163.96M
HAL hist	HALLIBURTON CO	0.51	Reduce 24.00%	4,067,041	$38.99	$158.57M
CI hist	THE CIGNA GROUP	0.50	Add 1.00%	578,448	$266.75	$154.30M
KT hist	KT CORP	0.50	Buy	7,175,547	$21.45	$153.91M
RHI hist	ROBERT HALF INC.	0.49	Add 36.00%	5,966,734	$25.40	$151.56M
GL hist	GLOBE LIFE INC	0.46	Buy	1,026,246	$139.17	$142.82M
GLOB hist	GLOBANT S A	0.44	Buy	2,968,828	$46.11	$136.89M
CDW hist	CDW CORP	0.44	Buy	1,115,535	$121.02	$135.00M
OLN hist	OLIN CORP	0.43	Reduce 2.00%	4,431,613	$29.73	$131.75M
TEL hist	TE CONNECTIVITY PLC	0.41	Reduce 26.00%	603,978	$209.02	$126.24M
ST hist	SENSATA TECHNOLOGIES HLDG PL	0.40	Reduce 1.00%	3,482,266	$35.22	$122.64M
MHK hist	MOHAWK INDS INC	0.37	Reduce 3.00%	1,152,814	$98.46	$113.51M
XOM hist	EXXON MOBIL CORP	0.34	Reduce 7.00%	617,144	$169.66	$104.70M
CSCO hist	CISCO SYS INC	0.33	Reduce 6.00%	1,308,740	$77.59	$101.55M
CNO hist	CNO FINL GROUP INC	0.33	Buy	2,470,921	$41.06	$101.46M
JPM hist	JPMORGAN CHASE & CO	0.32	Reduce 1.00%	337,262	$294.16	$99.21M
WAB hist	WABTEC	0.30	—	367,753	$249.91	$91.91M
MICC hist	MAGNUM ICE CREAM CO NV	0.29	Buy	7,036,187	$12.71	$89.43M
STZ hist	CONSTELLATION BRANDS INC	0.29	Add 1.00%	595,795	$150.00	$89.37M
ARCO hist	ARCOS DORADOS HLDGS INC	0.29	Add 2.00%	10,741,166	$8.25	$88.61M
TFX hist	TELEFLEX INCORPORATED	0.27	Add 84.00%	699,125	$119.61	$83.62M
CNXC hist	CONCENTRIX CORP	0.26	Add 1.00%	2,943,212	$27.36	$80.53M
MS hist	MORGAN STANLEY	0.25	Add 1.00%	476,365	$164.57	$78.39M
HUN hist	HUNTSMAN CORP	0.25	Add 2.00%	5,816,359	$13.31	$77.42M
FITB hist	FIFTH THIRD BANCORP	0.25	Add 74.00%	1,635,817	$46.46	$76.00M
ADNT hist	ADIENT PLC	0.24	Reduce 1.00%	3,635,297	$20.21	$73.47M
KNX hist	KNIGHT-SWIFT TRANSN HLDGS IN	0.24	—	1,259,811	$57.58	$72.54M
PLOW hist	DOUGLAS DYNAMICS INC	0.22	Reduce 25.00%	1,593,133	$42.09	$67.06M
AMWD hist	AMERICAN WOODMARK CORP	0.21	Add 43.00%	1,643,562	$39.83	$65.46M
HSIC hist	SCHEIN HENRY INC	0.21	—	887,639	$73.70	$65.42M
OSK hist	OSHKOSH CORP	0.21	Reduce 15.00%	438,856	$147.21	$64.60M
ELV hist	ELEVANCE HEALTH INC FORMERLY	0.21	Add 2.00%	220,176	$292.75	$64.46M
GPC hist	GENUINE PARTS CO	0.20	Reduce 5.00%	574,088	$105.75	$60.71M
ONB hist	OLD NATL BANCORP IND	0.19	Add 7.00%	2,693,642	$22.10	$59.53M
ABM hist	ABM INDS INC	0.19	Buy	1,522,936	$38.52	$58.66M
WSFS hist	WSFS FINL CORP	0.19	—	878,588	$65.46	$57.51M
COLB hist	COLUMBIA BKG SYS INC	0.18	Add 13.00%	2,033,219	$27.43	$55.77M
MMI hist	MARCUS & MILLICHAP INC	0.17	Add 228.00%	2,012,763	$26.59	$53.52M
KFY hist	KORN FERRY	0.16	Add 1.00%	797,438	$62.95	$50.20M
JNJ hist	JOHNSON & JOHNSON	0.16	Reduce 17.00%	203,965	$244.44	$49.86M
ASB hist	ASSOCIATED BANC-CORP	0.16	Add 10.00%	1,922,982	$25.86	$49.73M
GOOGL hist	ALPHABET INC	0.16	—	171,157	$287.56	$49.22M
RF hist	REGIONS FINANCIAL CORP NEW	0.16	—	1,839,825	$26.12	$48.06M
KOP hist	KOPPERS HOLDINGS INC	0.15	—	1,209,376	$38.68	$46.78M
REZI hist	RESIDEO TECHNOLOGIES INC	0.15	—	1,377,030	$33.71	$46.42M
BFH hist	BREAD FINANCIAL HOLDINGS INC	0.15	Reduce 4.00%	613,673	$74.89	$45.96M
TGT hist	TARGET CORP	0.15	Buy	373,375	$121.20	$45.25M
HCA hist	HCA HEALTHCARE INC	0.14	Reduce 7.00%	94,261	$473.24	$44.61M
MBUU hist	MALIBU BOATS INC	0.14	Reduce 1.00%	1,697,457	$25.92	$44.00M
VREX hist	VAREX IMAGING CORP	0.14	—	3,992,280	$10.61	$42.36M
SHG hist	SHINHAN FINANCIAL GROUP CO L	0.14	Reduce 24.00%	690,651	$61.32	$42.35M
MSM hist	MSC INDL DIRECT INC	0.13	—	444,610	$92.27	$41.02M
CBRE hist	CBRE GROUP INC	0.13	Add 2.00%	301,871	$135.46	$40.89M
NVST hist	ENVISTA HOLDINGS CORPORATION	0.13	Reduce 31.00%	1,604,196	$25.37	$40.70M
AEBI hist	AEBI SCHMIDT HLDG AG	0.13	Reduce 3.00%	4,110,850	$9.71	$39.92M
LDOS hist	LEIDOS HOLDINGS INC	0.13	Add 2.00%	247,937	$155.52	$38.56M
HR hist	HEALTHCARE RLTY TR	0.12	—	2,225,430	$16.99	$37.81M
HDB hist	HDFC BANK LTD	0.12	Add 81.00%	1,519,501	$24.88	$37.80M
GD hist	GENERAL DYNAMICS CORP	0.12	Reduce 63.00%	107,467	$343.22	$36.88M
DNOW hist	DNOW INC	0.12	Reduce 26.00%	3,095,315	$11.91	$36.87M
AIG hist	AMERICAN INTL GROUP INC	0.11	Add 2.00%	449,749	$75.25	$33.84M
KEY hist	KEYCORP	0.11	Add 1.00%	1,658,905	$20.05	$33.26M
SCSC hist	SCANSOURCE INC	0.11	Add 1.00%	913,239	$36.30	$33.15M
MBC hist	MASTERBRAND INC	0.10	Add 1.00%	3,814,014	$8.31	$31.69M
GCO hist	GENESCO INC	0.10	Reduce 13.00%	1,080,582	$28.99	$31.33M
WCC hist	WESCO INTL INC	0.10	—	113,581	$273.62	$31.08M
HVT hist	HAVERTY FURNITURE COS INC	0.10	—	1,460,148	$21.18	$30.93M
WGO hist	WINNEBAGO INDS INC	0.10	Add 7.00%	993,294	$30.99	$30.78M
ARW hist	ARROW ELECTRS INC	0.10	—	211,048	$143.41	$30.27M
ORN hist	ORION S.A.	0.10	—	4,599,907	$6.50	$29.90M
UVSP hist	UNIVEST FINANCIAL CORPORATIO	0.09	Reduce 2.00%	842,425	$34.26	$28.86M
MLKN hist	MILLERKNOLL INC	0.09	Buy	1,995,737	$14.46	$28.86M
SOLV hist	SOLVENTUM CORP	0.09	Add 1.00%	439,918	$65.30	$28.73M
WBS hist	WEBSTER FINL CORP	0.09	Reduce 75.00%	409,207	$69.42	$28.41M
G hist	GENPACT LIMITED	0.09	—	732,054	$37.25	$27.27M
MYE hist	MYERS INDS INC	0.09	Reduce 1.00%	1,284,585	$21.18	$27.21M
DRH hist	DIAMONDROCK HOSPITALITY CO	0.09	Reduce 47.00%	2,834,579	$9.37	$26.56M
USNA hist	USANA HEALTH SCIENCES INC	0.06	Reduce 2.00%	1,108,933	$17.47	$19.37M
HOFT hist	HOOKER FURNISHINGS CORPORATI	0.06	—	1,378,725	$12.88	$17.76M
UVV hist	UNIVERSAL CORP VA MTNS BK EN	0.06	Add 1.00%	329,488	$52.70	$17.36M
ABEV hist	AMBEV SA	0.04	Add 7.00%	4,717,328	$2.92	$13.78M
TBI hist	TRUEBLUE INC	0.04	—	2,871,630	$3.91	$11.23M
HELE hist	HELEN OF TROY LTD	0.04	Reduce 20.00%	761,173	$14.42	$10.98M
MAN hist	MANPOWERGROUP INC WIS	0.03	—	351,121	$29.46	$10.34M
DIS hist	DISNEY WALT CO	0.03	—	90,219	$96.38	$8.70M
TSM hist	TAIWAN SEMICONDUCTOR MANUFAC	0.02	Reduce 28.00%	18,986	$337.93	$6.42M
BIDU hist	BAIDU INC	0.02	Reduce 14.00%	48,767	$111.43	$5.43M
—	PETROLEO BRASILEIRO S A	0.01	Add 58.00%	196,970	$18.75	$3.69M
BABA hist	ALIBABA GROUP HLDG LTD	0.01	Add 12.00%	28,435	$125.44	$3.57M
VALE hist	VALE S A	0.01	Buy	188,719	$15.91	$3.00M
CIG hist	CIA ENERGETICA DE MINAS GERA	0.01	—	1,080,784	$2.39	$2.58M
ING hist	ING GROEP N.V.	0.01	Add 17.00%	80,698	$26.05	$2.10M
HSBC hist	HSBC HLDGS PLC	0.01	Add 5.00%	23,950	$82.51	$1.98M
KB hist	KB FINL GROUP INC	0.01	—	19,023	$99.72	$1.90M
ITUB hist	ITAU UNIBANCO HLDG S A	0.01	—	225,157	$8.38	$1.89M
TTE hist	TOTALENERGIES SE	0.01	Add 7.00%	22,133	$80.92	$1.79M
EQNR hist	EQUINOR ASA	0.01	Add 37.00%	40,516	$42.21	$1.71M
PHG hist	KONINKLIJKE PHILIPS N V	0.00	Add 13.00%	41,643	$27.40	$1.14M
GSK hist	GSK PLC	0.00	Add 40.00%	18,823	$55.20	$1.04M
MT hist	ARCELORMITTAL SA LUXEMBOURG	0.00	Reduce 47.00%	18,409	$51.99	$957K
SNY hist	SANOFI SA	0.00	Add 62.00%	19,088	$48.20	$920K
SMFG hist	SUMITOMO MITSUI FIN GRP INC	0.00	Add 14.00%	32,548	$19.76	$643K
TAK hist	TAKEDA PHARMACEUTICAL CO LTD	0.00	Add 37.00%	28,360	$18.51	$525K
BCS hist	BARCLAYS PLC	0.00	Reduce 60.00%	17,888	$21.19	$379K
TRS hist	TRIMAS CORP	0.00	Reduce 98.00%	9,923	$35.98	$357K
CRUS hist	CIRRUS LOGIC INC	0.00	Reduce 5.00%	2,114	$144.75	$306K
MRK hist	MERCK & CO INC	0.00	Reduce 24.00%	2,511	$120.27	$302K
—	HOLOGIC INC	0.00	Reduce 4.00%	3,964	$75.68	$300K
HIG hist	HARTFORD INSURANCE GROUP INC	0.00	—	2,127	$135.40	$288K
MSFT hist	MICROSOFT CORP	0.00	Buy	762	$370.08	$282K
HALO hist	HALOZYME THERAPEUTICS INC	0.00	Reduce 5.00%	4,049	$64.71	$262K
ADBE hist	ADOBE INC	0.00	Add 21.00%	1,010	$243.56	$246K
ADSK hist	AUTODESK INC	0.00	Buy	1,018	$239.69	$244K
INTU hist	INTUIT	0.00	Buy	560	$432.14	$242K
DOCU hist	DOCUSIGN INC	0.00	—	4,510	$47.45	$214K
GE hist	GE AEROSPACE	0.00	—	736	$283.97	$209K
TMUS hist	T-MOBILE US INC	0.00	Buy	975	$210.26	$205K
SPGI hist	SS&C TECHNOLOGIES HLDGS INC	0.00	Sell	0	—	$0
EQH hist	EQUITABLE HLDGS INC	0.00	Sell	0	—	$0
GL hist	GLOBE LIFE INC	0.00	Sell	0	—	$0
CNO hist	CNO FINL GROUP INC	0.00	Sell	0	—	$0
ABM hist	ABM INDS INC	0.00	Sell	0	—	$0
TGT hist	TARGET CORP	0.00	Sell	0	—	$0
CMA hist	COMERICA INC	0.00	Sell	0	—	$0
CHTR hist	CHARTER COMMUNICATIONS INC N	0.00	Sell	0	—	$0
GS hist	GOLDMAN SACHS GROUP INC	0.00	Sell	0	—	$0
FMC hist	FMC CORP	0.00	Sell	0	—	$0
VALE hist	VALE S A	0.00	Sell	0	—	$0
CINF hist	CINCINNATI FINL CORP	0.00	Sell	0	—	$0
ADM hist	ARCHER DANIELS MIDLAND CO	0.00	Sell	0	—	$0
INTC hist	INTEL CORP	0.00	Sell	0	—	$0
TPG hist	TPG INC	0.00	Sell	0	—	$0