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Portfolio (Quarterly) Guide ↗

PZENA INVESTMENT MANAGEMENT LLC

· CIK 0001027796
13F Portfolio $30.8B AUM 192 positions Filed Apr 24, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 9 New 56 Added 65 Reduced 8 Exited
Page 3 of 3  ·  56 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 SOLV SOLVENTUM CORP Healthcare 439,918.0 $28.7M 0.09% +5K +1.1% $65.30 +20.6%
42 UVV UNIVERSAL CORP VA MTNS BK EN Consumer Defensive 329,488.0 $17.4M 0.06% +2K +0.6% $52.70 +0.1%
43 ABEV AMBEV SA Consumer Defensive 4,717,328.0 $13.8M 0.04% +296K +6.7% $2.92 +5.1%
44 PETROLEO BRASILEIRO S A 196,970.0 $3.7M 0.01% +72K +57.7% $18.75
45 BABA ALIBABA GROUP HLDG LTD Consumer Cyclical 28,435.0 $3.6M 0.01% +3K +11.8% $125.46 -4.3%
46 VALE VALE S A Basic Materials 188,719.0 $3.0M 0.01% +16K +9.3% $15.91 -5.8%
47 ING ING GROEP N.V. Financial Services 80,698.0 $2.1M 0.01% +12K +17.0% $26.05 +11.7%
48 HSBC HSBC HLDGS PLC Financial Services 23,950.0 $2.0M 0.01% +1K +4.6% $82.49 +11.0%
49 TOTALENERGIES SE 22,133.0 $1.8M 0.01% +1K +7.0% $80.91
50 EQNR EQUINOR ASA Energy 40,516.0 $1.7M 0.01% +11K +37.1% $42.20 -10.9%
51 PHG KONINKLIJKE PHILIPS N V Healthcare 41,643.0 $1.1M 0.00% +5K +12.6% $27.40 -5.8%
52 GSK GSK PLC Healthcare 18,823.0 $1.0M 0.00% +5K +40.0% $55.19 -8.2%
53 SNY SANOFI SA Healthcare 19,088.0 $920K 0.00% +7K +62.5% $48.18 -8.9%
54 SMFG SUMITOMO MITSUI FIN GRP INC Financial Services 32,548.0 $643K 0.00% +4K +14.3% $19.75 +17.7%
55 TAK TAKEDA PHARMACEUTICAL CO LTD Healthcare 28,360.0 $525K 0.00% +8K +37.5% $18.52 -15.0%
56 ADBE ADOBE INC Technology 1,010.0 $246K 0.00% +173.0 +20.7% $243.08 +0.8%
Page 3 of 3  ·  56 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 22.2%
Healthcare 18.9%
Technology 18.8%
Consumer Cyclical 14.1%
Consumer Defensive 8.3%
Basic Materials 6.2%
Industrials 6.0%
Energy 4.3%
Communication Services 0.7%
Real Estate 0.5%