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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 5 of 8  ·  158 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 JNJ JOHNSON & JOHNSON Healthcare 203,965.0 $49.9M 0.16% -42K -17.1% $244.44 -5.0%
82 ASB ASSOCIATED BANC-CORP Financial Services 1,922,982.0 $49.7M 0.16% +178K +10.2% $25.86 +7.7%
83 GOOGL ALPHABET INC Communication Services 171,157.0 $49.2M 0.16% $287.56 +26.4%
84 RF REGIONS FINANCIAL CORP NEW Financial Services 1,839,825.0 $48.1M 0.16% $26.12 +9.4%
85 KOP KOPPERS HOLDINGS INC Basic Materials 1,209,376.0 $46.8M 0.15% $38.68 +7.8%
86 REZI RESIDEO TECHNOLOGIES INC Industrials 1,377,030.0 $46.4M 0.15% $33.71 -10.6%
87 BFH BREAD FINANCIAL HOLDINGS INC Financial Services 613,673.0 $46.0M 0.15% -26K -4.1% $74.89 +22.5%
88 TGT TARGET CORP Consumer Defensive 373,375.0 $45.3M 0.15% $121.20 +2.1%
89 HCA HCA HEALTHCARE INC Healthcare 94,261.0 $44.6M 0.14% -7K -6.5% $473.24 -24.0%
90 MBUU MALIBU BOATS INC Consumer Cyclical 1,697,457.0 $44.0M 0.14% -24K -1.4% $25.92 +5.4%
91 VREX VAREX IMAGING CORP Healthcare 3,992,280.0 $42.4M 0.14% $10.61 -2.5%
92 SHG SHINHAN FINANCIAL GROUP CO L Financial Services 690,651.0 $42.4M 0.14% -221K -24.2% $61.32 +4.3%
93 MSM MSC INDL DIRECT INC Industrials 444,610.0 $41.0M 0.13% $92.27 +26.4%
94 CBRE CBRE GROUP INC Real Estate 301,871.0 $40.9M 0.13% +6K +2.0% $135.46 -2.6%
95 NVST ENVISTA HOLDINGS CORPORATION Healthcare 1,604,196.0 $40.7M 0.13% -722K -31.0% $25.37 -7.4%
96 AEBI SCHMIDT HLDG AG 4,110,850.0 $39.9M 0.13% -140K -3.3% $9.71
97 LEIDOS HOLDINGS INC 247,937.0 $38.6M 0.12% +4K +1.5% $155.52
98 HR HEALTHCARE RLTY TR Real Estate 2,225,430.0 $37.8M 0.12% $16.99 +15.1%
99 HDB HDFC BANK LTD Financial Services 1,519,501.0 $37.8M 0.12% +681K +81.2% $24.88 -7.7%
100 GD GENERAL DYNAMICS CORP Industrials 107,467.0 $36.9M 0.12% -186K -63.4% $343.22 -0.6%
Page 5 of 8  ·  158 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%