PZENA INVESTMENT MANAGEMENT LLC

CIK: 0001027796SEC EDGAR →

Portfolio Value

$33.4B

Holdings

157

As of

Q4 2025

New Positions

8

Closed Positions

6

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

MAGNA INTL INC

29,113,582$2.1B
6.38%
2

COGNIZANT TECHNOLOGY SOLUTIO

17,628,679$1.5B
4.38%
3

DOLLAR GEN CORP NEW

10,676,823$1.4B
4.24%
4

BAXTER INTL INC

70,046,251$1.3B
4.01%
5

CITIGROUP INC

10,615,134$1.2B
3.71%
6

CVS HEALTH CORP

15,581,307$1.2B
3.70%
7

CAPITAL ONE FINL CORP

5,020,853$1.2B
3.64%
8

UBS GROUP AG

29,774,573$1.1B
3.29%
9

HUMANA INC

4,072,208$1.0B
3.12%
10

AMDOCS LTD

12,037,015$969.1M
2.90%

Quarterly Changes

Top Buys

MGA↑ Increased
$2.1B
BAX↑ Increased
$1.3B
HUM↑ Increased
$1.0B
PHG↑ Increased
$799.7M
PPG↑ Increased
$543.6M

Top Sells

CTSH↓ Decreased
$1.4B
DG↓ Decreased
$1.4B
TRVC↓ Decreased
$1.2B
CVS↓ Decreased
$1.2B
COF↓ Decreased
$1.2B

New Positions (12)

$81.4M · 590K shares
$66.2M · 1.3M shares
$55.1M · 4.2M shares
$53.6M · 171K shares
$37.6M · 929K shares
$1.1M · 21K shares
$321K · 21K shares
$308K · 5K shares
$306K · 4K shares
$292K · 2K shares
$278K · 5K shares
$216K · 3K shares

Closed Positions (9)

$301.6M · 1K shares
$269.1M · 3K shares
$238.9M · 2K shares
$202.3M · 10K shares
$74.2M · 5.1M shares
$50.3M · 659K shares
$13.5M · 223K shares
$6.7M · 392K shares
$2.2M · 16K shares

Sector Breakdown

Sector# HoldingsValue%
Financial Services32$6.9B20.7%
Healthcare24$6.4B19.3%
Technology20$5.5B16.5%
Consumer Cyclical18$4.1B12.4%
Consumer Defensive10$2.8B8.4%
Unknown12$2.6B7.8%
Industrials17$2.0B5.9%
Basic Materials9$1.6B4.8%
Energy7$1.2B3.6%
Real Estate4$149.7M0.4%
Communication Services3$88.6M0.3%
Utilities1$2.2M0.0%