Pzena Investment Management LLC

Richard Pzena

Last 4 years copying the filings

$100 would be $157

+57.3% across 17 filings, buying each one the day it became public. Best quarter +14.9%, worst -9.3%.

All time

+265% since Aug 2013

Fund size $34B today

Aug 2022 to Aug 2026, at least 77% of the book priced each quarter. Not audited fund performance. What this covers

Each quarter is priced from the date its SEC filing became public, not the quarter it describes, and weighted by position size. A 13F shows long US stock holdings only, so shorts, cash, options, and anything bought and sold between two filings are not in this line.

New Workday position and exited Wabtec in Q2 2026.

$34.1B in this filing161 positionstop 10 = 38%

Holdings are from Jun 30, 2026, not today. Filed Aug 7, 2026. Next filing due ~Nov 14, 2026 - a fund that has since had a bad quarter will not show it here until then.

Spot holdings161 positions - $34.1B

1MGAMagna Intl Inc6.54%
$2.2B - 23.9M shares-1.4M
2HUMHumana Inc5.13%
$1.7B - 4.4M shares-1.1M
3BAXBaxter Intl Inc4.09%
$1.4B - 65.3M shares+768K

#	Stock					At filing	Now	Market cap	P/E
1	MGAMagna Intl Inc	6.54%	$2.2B	23.9M	-1.4M	$93.26	$70.24 -24.7%	$18.8B	25.8
2	HUMHumana Inc	5.13%	$1.7B	4.4M	-1.1M	$397.22	-	$46.7B	36.7
3	BAXBaxter Intl Inc	4.09%	$1.4B	65.3M	+768K	$21.32	-	$13.8B	-

158 more on a paid plan

Free shows three. Paid plans unlock the full portfolio, every quarter, and what changed.

Unlock all 158 holdings

What is missing

This filing does not include cash, short positions, private investments, bonds, or many overseas holdings.