Pzena Investment Management Portfolio
Pzena Investment Management 13F filer (CIK 0001027796).
Q1 2022 · 168 positions · Total reported value $26.29B · Top-10 concentration 35.8%
Turnover: 50.6% · 12 new · 65 cut · 9 exited
In its Q1 2022 13F filing, Pzena Investment Management disclosed 168 equity positions with a combined reported value of $26.29B. The filing implies a moderately concentrated portfolio: its ten largest positions account for 35.8% of reported value. HoldingsHub classifies the profile as Large / High Turnover.
The largest disclosed positions as of Q1 2022 were CTSH ($1.21B), EIX ($1.03B), GE ($1.01B). By sector, the heaviest allocations are Financials 25.4%, Technology 18.7%. Versus the prior quarter, allocation shifted toward Health Care (+1.2pp) and away from Financials (-0.6pp), Industrials (-0.7pp).
Versus the prior quarter, Pzena Investment Management opened 12 new positions, trimmed 65 and fully exited 9, a turnover rate of 50.6% of positions. The portfolio's overlap with the prior quarter was 83% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
Sector Allocation
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | CTSH | COGNIZANT TECHNOLOGY SOLUTIO | 13.44M | $1.21B | 4.58% | Reduce |
| 2 | EIX | EDISON INTL | 14.67M | $1.03B | 3.91% | Reduce |
| 3 | GE | GE AEROSPACE | 11.05M | $1.01B | 3.85% | Hold |
| 4 | AIG | AMERICAN INTL GROUP INC | 15.74M | $988.18M | 3.76% | Reduce |
| 5 | WAB | WABTEC | 10.00M | $961.49M | 3.66% | Reduce |
| 6 | LEA | LEAR CORP | 6.27M | $893.40M | 3.40% | Add |
| 7 | HAL | HALLIBURTON CO | 22.77M | $862.28M | 3.28% | Reduce |
| 8 | WFC | WELLS FARGO & CO | 17.69M | $857.07M | 3.26% | Reduce |
| 9 | MCK | MCKESSON CORP | 2.70M | $827.31M | 3.15% | Reduce |
| 10 | NWL | NEWELL BRANDS INC | 36.25M | $776.14M | 2.95% | Add |
| 11 | NOV | NOV INC | 38.57M | $756.26M | 2.88% | Reduce |
| 12 | NRG | NRG ENERGY INC. | 18.65M | $715.59M | 2.72% | Add |
| 13 | EQH | EQUITABLE HLDGS INC | 21.93M | $677.76M | 2.58% | Reduce |
| 14 | C | CITIGROUP INC | 11.98M | $639.79M | 2.43% | Add |
| 15 | HPE | HEWLETT PACKARD ENTERPRISE CO. | 37.58M | $627.96M | 2.39% | Reduce |
| 16 | PVH | PVH CORPORATION | 7.84M | $600.33M | 2.28% | Add |
| 17 | DOX | AMDOCS LTD | 6.50M | $534.35M | 2.03% | Add |
| 18 | COF | CAPITAL ONE FINL CORP | 3.91M | $513.33M | 1.95% | Hold |
| 19 | AVT | AVNET INC | 12.04M | $488.73M | 1.86% | Reduce |
| 20 | BKR | BAKER HUGHES COMPANY CLASS A | 12.21M | $444.68M | 1.69% | Reduce |
| 21 | AXS | AXIS CAP HLDGS LTD | 7.11M | $430.05M | 1.64% | Add |
| 22 | DOW | DOW HLDGS INC | 6.29M | $400.70M | 1.52% | Reduce |
| 23 | FMS | FRESENIUS MEDICAL CARE AG | 11.58M | $389.94M | 1.48% | Add |
| 24 | XOM | EXXON MOBIL CORP | 4.51M | $372.46M | 1.42% | Reduce |
| 25 | SSNC | SS&C TECH HLDGS | 4.86M | $364.69M | 1.39% | Add |
| 26 | MET | METLIFE INC | 5.11M | $359.14M | 1.37% | Reduce |
| 27 | GIL | GILDAN ACTIVEWEAR INC | 8.93M | $334.59M | 1.27% | Reduce |
| 28 | BAC | BANK OF AMER CORP | 7.99M | $329.34M | 1.25% | Reduce |
| 29 | VOYA | VOYA FINANCIAL INC | 4.83M | $320.53M | 1.22% | Hold |
| 30 | SKX | SKECHERS U S A INC | 6.90M | $281.44M | 1.07% | Add |
| 31 | BMY | BRISTOL-MYERS SQUIBB CO | 3.63M | $264.79M | 1.01% | Add |
| 32 | JPM | JPMORGAN CHASE & CO | 1.75M | $238.40M | 0.91% | Hold |
| 33 | MHK | MOHAWK INDS INC | 1.75M | $217.66M | 0.83% | Add |
| 34 | TCOM | TRIP COM GROUP LTD | 9.20M | $212.59M | 0.81% | Add |
| 35 | FTI | TECHNIPFMC PLC | 27.29M | $211.46M | 0.80% | Add |
| 36 | ORCL | ORACLE CORP | 2.44M | $201.52M | 0.77% | Hold |
| 37 | GS | GOLDMAN SACHS GROUP INC | 578.36K | $190.92M | 0.73% | Reduce |
| 38 | SHEL | SHELL PLC | 3.30M | $181.18M | 0.69% | New |
| 39 | OLN | OLIN CORP | 3.40M | $178.00M | 0.68% | Add |
| 40 | CNO | CNO FINL GROUP INC | 7.04M | $176.64M | 0.67% | Add |
| 41 | PFE | PFIZER INC | 3.40M | $175.88M | 0.67% | Reduce |
| 42 | CAH | CARDINAL HEALTH INC | 2.97M | $168.59M | 0.64% | Hold |
| 43 | JELD | JELD-WEN HLDG INC | 7.90M | $160.22M | 0.61% | Add |
| 44 | FLEX | FLEX LTD | 8.12M | $150.64M | 0.57% | Reduce |
| 45 | TXT | TEXTRON INC. | 1.99M | $148.37M | 0.56% | Reduce |
| 46 | SWK | STANLEY BLACK & DECKER INC. | 1.01M | $141.38M | 0.54% | Hold |
| 47 | BKNG | BOOKING HOLDINGS INC. | 56.61K | $132.94M | 0.51% | Add |
| 48 | WBS | WEBSTER FINL CORP | 2.33M | $130.71M | 0.50% | Add |
| 49 | AMGN | AMGEN INC | 532.21K | $128.70M | 0.49% | Hold |
| 50 | UBS | UBS GROUP AG | 6.56M | $128.23M | 0.49% | Reduce |