What Richard Pzena Bought in Q4 2025
Pzena Investment Management · Quarterly 13F recap as filed with the SEC.
Period: 2025-12-31 · Filed · Historical
$33.40B
Total Value
157
Holdings
12
New Buys
89
Reduced
In Q4 2025, Richard Pzena reported 157 long equity positions worth $33.40B in their Pzena Investment Management 13F filing, including 12 new positions (largest: CONSTELLATION BRANDS INC at $81.4M) and 47 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | MGA | MAGNA INTL INC | 29113582 | $2.13B | 6.38% | +0.2% |
| 2 | CTSH | COGNIZANT TECHNOLOGY SOLUTIO | 17628679 | $1.46B | 4.38% | -0.5% |
| 3 | DG | DOLLAR GEN CORP NEW | 10676823 | $1.42B | 4.24% | -8.6% |
| 4 | BAX | BAXTER INTL INC | 70046251 | $1.34B | 4.01% | +22.1% |
| 5 | C | CITIGROUP INC | 10615134 | $1.24B | 3.71% | -15.3% |
| 6 | CVS | CVS HEALTH CORP | 15581307 | $1.24B | 3.70% | -1.7% |
| 7 | COF | Capital One Financial | 5020853 | $1.22B | 3.64% | -0.6% |
| 8 | UBS | UBS GROUP AG | 29774573 | $1.10B | 3.29% | +0.1% |
| 9 | HUM | HUMANA INC | 4072208 | $1.04B | 3.12% | +1.0% |
| 10 | DOX | AMDOCS LTD | 12037015 | $969.1M | 2.90% | 82.6% |
| 11 | BMY | Bristol-Myers Squibb | 17943503 | $967.9M | 2.90% | +20.4% |
| 12 | MET | METLIFE INC | 11883338 | $938.1M | 2.81% | 22.9% |
| 13 | WFC | WELLS FARGO CO NEW | 9980647 | $930.2M | 2.78% | +-2.3% |
| 14 | SSNC | SS&C TECHNOLOGIES HLDGS INC | 10313582 | $901.6M | 2.70% | +1.4% |
| 15 | TSN | TYSON FOODS INC | 15310513 | $897.5M | 2.69% | +10.7% |
| 16 | GPN | GLOBAL PMTS INC | 11409697 | $883.1M | 2.64% | +4.6% |
| 17 | LEA | LEAR CORP | 7467354 | $855.8M | 2.56% | -0.4% |
| 18 | SWKS | SKYWORKS SOLUTIONS INC | 12626480 | $800.6M | 2.40% | +2.9% |
| 19 | PPG | PPG INDS INC | 7098767 | $727.3M | 2.18% | +306.2% |
| 20 | CRBD | COREBRIDGE FINL INC | 23632410 | $713.0M | 2.13% | +5.8% |
| 21 | NOV | NOV INC | 42164228 | $659.0M | 1.97% | -0.5% |
| 22 | DOW | DOW INC | 27626887 | $645.9M | 1.93% | +1.7% |
| 23 | NOK | NOKIA CORP | 91942507 | $594.9M | 1.78% | +14.5% |
| 24 | UHS | UNIVERSAL HLTH SVCS INC | 2112604 | $460.6M | 1.38% | +31.5% |
| 25 | PVH | PVH CORPORATION | 6194629 | $415.2M | 1.24% | -1.0% |
| 26 | BAC | BANK AMERICA CORP | 6480095 | $356.4M | 1.07% | -0.4% |
| 27 | FMCQF | FRESENIUS MEDICAL CARE AG | 14752836 | $351.4M | 1.05% | -0.4% |
| 28 | ACN | ACCENTURE PLC IRELAND | 1307722 | $350.9M | 1.05% | 287.0% |
| 29 | AVT | AVNET INC | 7037798 | $338.4M | 1.01% | -1.5% |
| 30 | MDT | MEDTRONIC PLC | 3218852 | $309.2M | 0.93% | -45.7% |
| 31 | BAP | CREDICORP LTD | 1068942 | $306.8M | 0.92% | +1.5% |
| 32 | VOYA-PB | VOYA FINANCIAL INC | 3626212 | $270.1M | 0.81% | -0.5% |
| 33 | SHEL | SHELL PLC | 3277328 | $240.8M | 0.72% | -2.8% |
| 34 | KSPI | KASPI KZ JSC | 2705734 | $211.4M | 0.63% | +56.2% |
| 35 | DAL | DELTA AIR LINES INC DEL | 2982793 | $207.0M | 0.62% | -29.5% |
| 36 | EQH | EQUITABLE HLDGS INC | 4325348 | $206.1M | 0.62% | +0.7% |
| 37 | NWL | NEWELL BRANDS INC | 50019553 | $186.1M | 0.56% | +5.0% |
| 38 | TEL | TE CONNECTIVITY PLC | 811891 | $184.7M | 0.55% | +-57.0% |
| 39 | PFE | PFIZER INC | 6526800 | $162.5M | 0.49% | -1.3% |
| 40 | ZTOEF | ZTO EXPRESS CAYMAN INC | 7580454 | $158.4M | 0.47% | -5.2% |
| 41 | CI | THE CIGNA GROUP | 570833 | $157.1M | 0.47% | +7.7% |
| 42 | AAP | ADVANCE AUTO PARTS INC | 3973493 | $156.2M | 0.47% | -0.5% |
| 43 | HAL | HALLIBURTON CO | 5333743 | $150.7M | 0.45% | -0.2% |
| 44 | SPB | SPECTRUM BRANDS HLDGS INC NE | 2401948 | $141.9M | 0.42% | -2.3% |
| 45 | GL-PD | GLOBE LIFE INC | 976047 | $136.5M | 0.41% | -2.2% |
| 46 | LKQ | LKQ CORP | 4382173 | $132.3M | 0.40% | +31.2% |
| 47 | MHK | MOHAWK INDS INC | 1186400 | $129.7M | 0.39% | +0.6% |
| 48 | CNXC | CONCENTRIX CORP | 2927196 | $121.7M | 0.36% | +32.3% |
| 49 | RHI | ROBERT HALF INC. | 4394851 | $119.4M | 0.36% | +38.2% |
| 50 | ST | SENSATA TECHNOLOGIES HLDG PL | 3509416 | $116.8M | 0.35% | 380.4% |
| 51 | JPM | JPMORGAN CHASE & CO. | 342390 | $110.3M | 0.33% | +0.7% |
| 52 | CSCO | CISCO SYS INC | 1396376 | $107.6M | 0.32% | -9.6% |
| 53 | CNO-PA | CNO FINL GROUP INC | 2462868 | $104.6M | 0.31% | -3.1% |
| 54 | WBS-PG | WEBSTER FINL CORP | 1652571 | $104.0M | 0.31% | -0.0% |
| 55 | GD | GENERAL DYNAMICS CORP | 293443 | $98.8M | 0.30% | — |
| 56 | OLN | OLIN CORP | 4507913 | $93.9M | 0.28% | +17.5% |
| 57 | MS | MORGAN STANLEY | 472239 | $83.8M | 0.25% | -39.9% |
| 58 | STZ | CONSTELLATION BRANDS INC | 589891 | $81.4M | 0.24% | NEW |
| 59 | XOM | EXXON MOBIL CORP | 660739 | $79.5M | 0.24% | -0.2% |
| 60 | WAB | WABTEC | 366410 | $78.2M | 0.23% | -0.3% |
| 61 | ARCO | ARCOS DORADOS HOLDINGS INC | 10562564 | $77.5M | 0.23% | -7.6% |
| 62 | ELV | ELEVANCE HEALTH INC FORMERLY | 216322 | $75.8M | 0.23% | -0.2% |
| 63 | GPC | GENUINE PARTS CO | 606880 | $74.6M | 0.22% | +0.3% |
| 64 | ADNT | ADIENT PLC | 3677070 | $70.5M | 0.21% | -0.3% |
| 65 | PLOW | DOUGLAS DYNAMICS INC | 2126608 | $69.4M | 0.21% | -4.2% |
| 66 | HSIC | HENRY SCHEIN INC | 887725 | $67.1M | 0.20% | -4.1% |
| 67 | KNX | KNIGHT-SWIFT TRANSN HLDGS IN | 1265317 | $66.2M | 0.20% | NEW |
| 68 | OSK | OSHKOSH CORP | 513621 | $64.5M | 0.19% | -0.2% |
| 69 | AMWD | AMERICAN WOODMARK CORPORATIO | 1150214 | $62.0M | 0.19% | -0.2% |
| 70 | HUN | HUNTSMAN CORP | 5705178 | $57.1M | 0.17% | +5.8% |
| 71 | ONB | OLD NATL BANCORP IND | 2518048 | $56.2M | 0.17% | -4.4% |
| 72 | DNOW | DNOW INC | 4161129 | $55.1M | 0.17% | NEW |
| 73 | AEBI | AEBI SCHMIDT HLDG AG | 4250372 | $53.8M | 0.16% | -7.2% |
| 74 | GOOGL | ALPHABET INC | 171157 | $53.6M | 0.16% | NEW |
| 75 | KFY | KORN FERRY | 791865 | $52.3M | 0.16% | -2.4% |
| 76 | JNJ | JOHNSON & JOHNSON | 245951 | $50.9M | 0.15% | -0.9% |
| 77 | NVST | ENVISTA HOLDINGS CORPORATION | 2325859 | $50.5M | 0.15% | -3.7% |
| 78 | COLB | COLUMBIA BKG SYS INC | 1804394 | $50.4M | 0.15% | -6.3% |
| 79 | RF-PF | REGIONS FINANCIAL CORP NEW | 1839825 | $49.9M | 0.15% | — |
| 80 | ABM | ABM INDS INC | 1171529 | $49.6M | 0.15% | +0.6% |
| 81 | SHG | SHINHAN FINANCIAL GROUP CO L | 911788 | $48.9M | 0.15% | -4.3% |
| 82 | MBUU | MALIBU BOATS INC | 1721957 | $48.6M | 0.15% | +2.5% |
| 83 | WSFS | WSFS FINL CORP | 876816 | $48.4M | 0.15% | -5.6% |
| 84 | REZI | RESIDEO TECHNOLOGIES INC | 1372625 | $48.2M | 0.14% | -37.7% |
| 85 | DRH | DIAMONDROCK HOSPITALITY CO | 5316555 | $47.6M | 0.14% | -38.1% |
| 86 | CBRE | CBRE GROUP INC | 296040 | $47.6M | 0.14% | +0.2% |
| 87 | BFH | BREAD FINANCIAL HOLDINGS INC | 640130 | $47.4M | 0.14% | -18.5% |
| 88 | HCA | HCA HEALTHCARE INC | 100830 | $47.1M | 0.14% | -0.2% |
| 89 | VREX | VAREX IMAGING CORP | 3989364 | $46.5M | 0.14% | -5.6% |
| 90 | TFX | TELEFLEX INCORPORATED | 379465 | $46.3M | 0.14% | -2.1% |
| 91 | ASBA | ASSOCIATED BANC CORP | 1745153 | $45.0M | 0.13% | -4.1% |
| 92 | LDOS | LEIDOS HOLDINGS INC | 244271 | $44.1M | 0.13% | -0.2% |
| 93 | FITB | FIFTH THIRD BANCORP | 937822 | $43.9M | 0.13% | -0.8% |
| 94 | MBC | MASTERBRAND INC | 3785921 | $41.8M | 0.13% | -8.2% |
| 95 | HR | HEALTHCARE RLTY TR | 2225789 | $37.7M | 0.11% | — |
| 96 | AIG | AMERICAN INTL GROUP INC | 440331 | $37.7M | 0.11% | -0.2% |
| 97 | WGO | WINNEBAGO INDS INC | 928962 | $37.6M | 0.11% | NEW |
| 98 | MSM | MSC INDL DIRECT INC | 444666 | $37.4M | 0.11% | — |
| 99 | TGT | TARGET CORP | 374240 | $36.6M | 0.11% | +0.0% |
| 100 | SCSC | SCANSOURCE INC | 907456 | $35.4M | 0.11% | -4.0% |
| 101 | SOLV | SOLVENTUM CORP | 435310 | $34.5M | 0.10% | +0.2% |
| 102 | G | GENPACT LIMITED | 732142 | $34.2M | 0.10% | — |
| 103 | HVT | HAVERTY FURNITURE COS INC | 1458459 | $34.1M | 0.10% | -6.4% |
| 104 | KEY-PL | KEYCORP | 1644569 | $33.9M | 0.10% | -0.5% |
| 105 | KOP | KOPPERS HOLDINGS INC | 1204252 | $32.6M | 0.10% | -3.6% |
| 106 | CMA-PB | COMERICA INC | 374001 | $32.5M | 0.10% | -11.2% |
| 107 | GCO | GENESCO INC | 1243696 | $30.8M | 0.09% | -10.2% |
| 108 | HDB | HDFC BANK LTD | 838448 | $30.6M | 0.09% | -2.4% |
| 109 | UVSP | UNIVEST FINANCIAL CORPORATIO | 856235 | $28.0M | 0.08% | -3.9% |
| 110 | WCC | WESCO INTL INC | 113617 | $27.8M | 0.08% | -46.7% |
| 111 | CHTR | Charter Communications | 118715 | $24.8M | 0.07% | -70.7% |
| 112 | MYE | MYERS INDS INC | 1302309 | $24.4M | 0.07% | 813.5% |
| 113 | OEC | ORION S.A. | 4582596 | $24.2M | 0.07% | -2.4% |
| 114 | ARW | ARROW ELECTRS INC | 211106 | $23.3M | 0.07% | +0.0% |
| 115 | USNA | USANA HEALTH SCIENCES INC | 1134429 | $22.3M | 0.07% | -6.4% |
| 116 | HELE | HELEN OF TROY LTD | 947568 | $20.1M | 0.06% | +-6.3% |
| 117 | TRS | TRIMAS CORP | 538371 | $19.1M | 0.06% | +-58.7% |
| 118 | UVV | UNIVERSAL CORP VA | 327678 | $17.3M | 0.05% | -2.9% |
| 119 | MMI | MARCUS & MILLICHAP INC | 614322 | $16.8M | 0.05% | -2.7% |
| 120 | HOFT | HOOKER FURNISHINGS CORPORATI | 1382690 | $15.6M | 0.05% | -2.4% |
| 121 | TBI | TRUEBLUE INC | 2864609 | $13.0M | 0.04% | -0.9% |
| 122 | ABEV | AMBEV SA | 4421619 | $10.9M | 0.03% | -2.1% |
| 123 | GS | GOLDMAN SACHS GROUP INC | 12225 | $10.7M | 0.03% | -90.1% |
| 124 | MAN | MANPOWERGROUP INC WIS | 351121 | $10.4M | 0.03% | — |
| 125 | DIS | DISNEY WALT CO | 90219 | $10.3M | 0.03% | +3446.3% |
| 126 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | 26342 | $8.0M | 0.02% | -38.0% |
| 127 | FMC | FMC CORP | 572048 | $7.9M | 0.02% | +0.0% |
| 128 | BIDU | BAIDU INC | 56507 | $7.4M | 0.02% | -32.6% |
| 129 | BABA | ALIBABA GROUP HLDG LTD | 25437 | $3.7M | 0.01% | -38.5% |
| 130 | VALE | VALE S A | 172732 | $2.3M | 0.01% | -39.6% |
| 131 | CIG | CIA ENERGETICA DE MINAS GERA | 1080784 | $2.2M | 0.01% | -46.3% |
| 132 | ING | ING GROEP N.V. | 68962 | $1.9M | 0.01% | +19.3% |
| 133 | HSBC | HSBC HLDGS PLC | 22906 | $1.8M | 0.01% | +18.4% |
| 134 | KB | KB FINL GROUP INC | 19023 | $1.6M | 0.00% | -46.4% |
| 135 | ITUB | ITAU UNIBANCO HLDG S A | 225157 | $1.6M | 0.00% | -44.9% |
| 136 | MT | ARCELORMITTAL SA LUXEMBOURG | 34475 | $1.6M | 0.00% | -10.3% |
| 137 | PBRA | PETROLEO BRASILEIRO SA PETRO | 124899 | $1.4M | 0.00% | -45.8% |
| 138 | TTE | TOTALENERGIES SE | 20693 | $1.2M | 0.00% | NEW |
| 139 | BCLYF | BARCLAYS PLC | 44945 | $1.1M | 0.00% | -25.3% |
| 140 | PHG | KONINKLIJKE PHILIPS N V | 36969 | $1.0M | 0.00% | +25.9% |
| 141 | STOHF | EQUINOR ASA | 29555 | $698K | 0.00% | +78.8% |
| 142 | GSK | GSK plc | 13444 | $659K | 0.00% | 54.2% |
| 143 | SNY | SANOFI SA | 11749 | $569K | 0.00% | 76.3% |
| 144 | SMFG | SUMITOMO MITSUI FINL GROUP I | 28473 | $550K | 0.00% | +15.3% |
| 145 | MRK | MERCK & CO INC | 3324 | $350K | 0.00% | — |
| 146 | TAK | TAKEDA PHARMACEUTICAL CO LTD | 20627 | $322K | 0.00% | NEW |
| 147 | DOCU | DOCUSIGN INC | 4510 | $308K | 0.00% | NEW |
| 148 | HOLX | HOLOGIC INC | 4109 | $306K | 0.00% | NEW |
| 149 | HIG-PG | HARTFORD INSURANCE GROUP INC | 2127 | $293K | 0.00% | +22.6% |
| 150 | ADBE | ADOBE INC | 837 | $293K | 0.00% | +4.4% |
| 151 | CINF | CINCINNATI FINL CORP | 1792 | $293K | 0.00% | NEW |
| 152 | HALO | HALOZYME THERAPEUTICS INC | 4278 | $288K | 0.00% | +4.2% |
| 153 | ADM | ARCHER DANIELS MIDLAND CO | 4842 | $278K | 0.00% | NEW |
| 154 | INTC | INTEL CORP | 7515 | $277K | 0.00% | -9.6% |
| 155 | CRUS | CIRRUS LOGIC INC | 2222 | $263K | 0.00% | — |
| 156 | GE | GE AEROSPACE | 736 | $227K | 0.00% | — |
| 157 | TPGXL | TPG INC | 3386 | $216K | 0.00% | NEW |