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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 2 of 4  ·  65 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 SHEL SHELL PLC Energy 3,196,449.0 $297.3M 0.96% -81K -2.5% $93.00 -6.8%
22 MDT MEDTRONIC PLC Healthcare 3,157,015.0 $273.6M 0.89% -62K -1.9% $86.65 -6.9%
23 KASPI KZ JSC 2,672,387.0 $197.9M 0.64% -33K -1.2% $74.07
24 ZTO ZTO EXPRESS CAYMAN INC Industrials 7,460,931.0 $187.8M 0.61% -120K -1.6% $25.17 -12.2%
25 DAL DELTA AIR LINES INC Industrials 2,807,667.0 $186.7M 0.61% -175K -5.9% $66.48 +17.6%
26 SPB SPECTRUM BRANDS HOLDINGS INC Consumer Defensive 2,338,423.0 $172.3M 0.56% -64K -2.6% $73.70 +10.4%
27 PFE PFIZER INC Healthcare 5,924,892.0 $166.4M 0.54% -602K -9.2% $28.08 -8.8%
28 NWL NEWELL BRANDS INC Consumer Defensive 47,802,935.0 $164.0M 0.53% -2.2M -4.4% $3.43 +22.7%
29 HAL HALLIBURTON CO Energy 4,067,041.0 $158.6M 0.52% -1.3M -23.8% $38.99 +3.9%
30 OLN OLIN CORP Basic Materials 4,431,613.0 $131.8M 0.43% -76K -1.7% $29.73 -18.3%
31 TEL TE CONNECTIVITY PLC Technology 603,978.0 $126.2M 0.41% -208K -25.6% $209.02 -1.6%
32 ST SENSATA TECHNOLOGIES HLDG PL Technology 3,482,266.0 $122.6M 0.40% -27K -0.8% $35.22 +42.4%
33 MHK MOHAWK INDS INC Consumer Cyclical 1,152,814.0 $113.5M 0.37% -34K -2.8% $98.46 +3.0%
34 XOM EXXON MOBIL CORP Energy 617,144.0 $104.7M 0.34% -44K -6.6% $169.66 -10.6%
35 CSCO CISCO SYS INC Technology 1,308,740.0 $101.5M 0.33% -88K -6.3% $77.59 +60.0%
36 JPM JPMORGAN CHASE & CO Financial Services 337,262.0 $99.2M 0.32% -5K -1.5% $294.16 +5.8%
37 ADNT ADIENT PLC Consumer Cyclical 3,635,297.0 $73.5M 0.24% -42K -1.1% $20.21 +10.5%
38 PLOW DOUGLAS DYNAMICS INC Consumer Cyclical 1,593,133.0 $67.1M 0.22% -533K -25.1% $42.09 +6.9%
39 OSK OSHKOSH CORP Industrials 438,856.0 $64.6M 0.21% -75K -14.6% $147.21 -10.7%
40 GPC GENUINE PARTS CO Consumer Cyclical 574,088.0 $60.7M 0.20% -33K -5.4% $105.75 -8.2%
Page 2 of 4  ·  65 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%