Richard Pzena (Pzena Investment Management) portfolio: Q2 2026 13F
Every US-listed position Pzena Investment Management reported in its 13F for Q2 2026, the quarter ended Jun 30, 2026, filed with the SEC on Aug 7, 2026. 161 positions at the quarter end, after opening 12 and exiting 9 during it.
50 largest positions
| Ticker | Company | Allocation | Value | Shares | Change |
|---|---|---|---|---|---|
| MGA | Magna International Inc | 6.54% | $2.23B | 23,882,824 | Trimmed |
| HUM | Humana Inc | 5.13% | $1.75B | 4,403,136 | Trimmed |
| BAX | Baxter International Inc | 4.09% | $1.39B | 65,295,393 | Added |
| CVS | CVS Health Corp | 3.57% | $1.22B | 11,769,536 | Trimmed |
| DG | Dollar General Corp | 3.45% | $1.18B | 10,222,060 | Added |
| SWKS | Skyworks Solutions, Inc. | 3.18% | $1.08B | 15,973,040 | Trimmed |
| CTSH | Cognizant Technology Solutions Corp | 3.02% | $1.03B | 26,529,172 | Added |
| BMY | Bristol Myers Squibb Co | 2.88% | $979.95M | 17,007,044 | Trimmed |
| TSN | Tyson Foods, Inc. | 2.86% | $974.20M | 17,016,651 | Trimmed |
| CRBG | Corebridge Financial, Inc. | 2.84% | $967.40M | 33,789,727 | Added |
| PPG | PPG Industries Inc | 2.78% | $946.96M | 7,807,438 | Added |
| MET | MetLife Inc | 2.76% | $941.79M | 11,130,983 | Trimmed |
| COF | Capital One Financial Corp | 2.71% | $921.63M | 4,593,920 | Added |
| UBS | UBS Group AG | 2.66% | $905.52M | 22,604,129 | Trimmed |
| LEA | Lear Corp | 2.61% | $889.95M | 6,638,413 | Trimmed |
| GPN | Global Payments Inc | 2.49% | $848.34M | 11,691,625 | Added |
| C | Citigroup Inc | 2.28% | $776.61M | 5,548,789 | Trimmed |
| WFC | Wells Fargo & Company | 2.14% | $729.50M | 8,827,468 | Added |
| DOX | Amdocs Ltd | 2.07% | $706.82M | 13,985,330 | Added |
| SSNC | SS&C Technologies Holdings Inc | 2.01% | $684.82M | 11,036,568 | Added |
| NOV | NOV Inc. | 1.98% | $674.78M | 36,376,087 | Trimmed |
| ACN | Accenture plc | 1.88% | $639.89M | 5,142,176 | Added |
| PVH | PVH Corp. | 1.31% | $444.57M | 5,986,677 | Added |
| LKQ | LKQ Corp | 1.17% | $398.70M | 15,142,285 | Added |
| CDW | CDW Corp | 1.09% | $371.13M | 2,638,900 | Added |
| BAC | Bank of America Corp | 1.06% | $359.56M | 6,310,363 | Trimmed |
| DOW | Dow Inc. | 1.00% | $342.19M | 12,507,011 | Trimmed |
| FMS | Fresenius Medical Care AG | 1.00% | $338.97M | 14,992,081 | Trimmed |
| BAP | Credicorp Ltd | 0.96% | $325.91M | 836,569 | Trimmed |
| VOYA | Voya Financial, Inc. | 0.94% | $319.54M | 3,529,646 | Trimmed |
| NWL | Newell Brands Inc. | 0.86% | $294.66M | 47,990,664 | Added |
| UHS | Universal Health Services Inc | 0.86% | $292.82M | 1,969,327 | Added |
| AVT | Avnet Inc | 0.81% | $277.15M | 3,120,395 | Trimmed |
| AAP | Advance Auto Parts Inc | 0.80% | $273.11M | 4,389,501 | Added |
| KSPI | Joint Stock Co Kaspi.kz | 0.78% | $266.15M | 3,071,888 | Added |
| MDT | Medtronic plc | 0.72% | $246.27M | 3,147,999 | Trimmed |
| DAL | Delta Air Lines, Inc. | 0.72% | $245.27M | 2,618,707 | Trimmed |
| EQH | Equitable Holdings, Inc. | 0.72% | $244.05M | 5,561,804 | Added |
| GL | Globe Life Inc. | 0.71% | $242.26M | 1,355,811 | Added |
| WDAY | Workday, Inc. | 0.71% | $241.32M | 1,971,270 | New |
| SPB | Spectrum Brands Holdings, Inc. | 0.61% | $207.58M | 2,420,808 | Added |
| MICC | Magnum Ice Cream Co N.V. | 0.59% | $201.11M | 13,199,616 | Added |
| SHEL | Shell plc | 0.59% | $200.15M | 2,581,244 | Trimmed |
| RHI | Robert Half Inc. | 0.56% | $191.02M | 6,222,305 | Added |
| ZTO | ZTO Express (Cayman) Inc. | 0.48% | $163.87M | 7,322,331 | Trimmed |
| MBC | MasterBrand, Inc. | 0.46% | $157.74M | 15,329,483 | Added |
| CI | Cigna Group | 0.45% | $154.94M | 562,036 | Trimmed |
| CSCO | Cisco Systems, Inc. | 0.44% | $150.50M | 1,281,329 | Trimmed |
| PFE | Pfizer Inc | 0.42% | $143.49M | 5,958,922 | Added |
| MHK | Mohawk Industries Inc | 0.41% | $138.66M | 1,142,841 | Trimmed |
Showing the 50 largest of 161 positions by allocation. The full portfolio, sortable by value, allocation and share count, loads below.
What changed in Q2 2026
| Action | Ticker | Company | Share change | Value |
|---|---|---|---|---|
| Trimmed | MGA | Magna International Inc | -1,446,531 | $2.23B |
| Trimmed | HUM | Humana Inc | -1,067,846 | $1.75B |
| Added | BAX | Baxter International Inc | +767,570 | $1.39B |
| Trimmed | CVS | CVS Health Corp | -2,003,517 | $1.22B |
| Added | DG | Dollar General Corp | +3,324,519 | $1.18B |
| Trimmed | SWKS | Skyworks Solutions, Inc. | -135,098 | $1.08B |
| Added | CTSH | Cognizant Technology Solutions Corp | +6,266,810 | $1.03B |
| Trimmed | BMY | Bristol Myers Squibb Co | -88,687 | $979.95M |
| Trimmed | TSN | Tyson Foods, Inc. | -139,062 | $974.20M |
| Added | CRBG | Corebridge Financial, Inc. | +6,743,933 | $967.40M |
| Added | PPG | PPG Industries Inc | +328,792 | $946.96M |
| Trimmed | MET | MetLife Inc | -172,836 | $941.79M |
| Added | COF | Capital One Financial Corp | +13,800 | $921.63M |
| Trimmed | UBS | UBS Group AG | -3,940,226 | $905.52M |
| Trimmed | LEA | Lear Corp | -120,092 | $889.95M |
| Added | GPN | Global Payments Inc | +76,048 | $848.34M |
| Trimmed | C | Citigroup Inc | -2,626,575 | $776.61M |
| Added | WFC | Wells Fargo & Company | +54,340 | $729.50M |
| Added | DOX | Amdocs Ltd | +1,304,241 | $706.82M |
| Added | SSNC | SS&C Technologies Holdings Inc | +1,337,308 | $684.82M |
| Trimmed | NOV | NOV Inc. | -1,159,362 | $674.78M |
| Added | ACN | Accenture plc | +2,736,493 | $639.89M |
| Added | PVH | PVH Corp. | +217,771 | $444.57M |
| Added | LKQ | LKQ Corp | +8,909,385 | $398.70M |
| Added | CDW | CDW Corp | +1,523,365 | $371.13M |
The 25 largest changes by value. The full quarter, filterable by action, loads below.
About these holdings
The 13F on record for Richard Pzena (Pzena Investment Management), filed on Aug 7, 2026, reports 161 positions as of Jun 30, 2026. The largest is Magna International Inc (MGA) at 6.5% of the reported portfolio, followed by Humana Inc (HUM, 5.1%) and Baxter International Inc (BAX, 4.1%). The ten largest make up 37.6% of it. Against the previous quarter, it opened 12 new positions, added to 71, trimmed 70 and sold out of 9. The largest new position is Workday, Inc. (WDAY), at 0.7% of the portfolio. The largest position it added to is Baxter International Inc (BAX), now 4.1%. The largest it sold out of, by its value the quarter before, is Westinghouse Air Brake Technologies Corp (WAB).
Magna International Inc (MGA), the largest position, is also held by Sarah Ketterer and Ken Griffin.
Other investors
Sarah KettererBill NygrenChristopher DavisLee AinslieJohn RogersPolen Capital MgmtDavid KatzDodge & Cox