Richard Pzena

Pzena Investment Management

Richard "Rich" Pzena is a prominent American investment manager, recognized as the founder and chief investment officer of Pzena Investment Management. Based in New York, Pzena has established a reputation for his deep value investment philosophy, focusing on undervalued companies with strong fundamentals. Under his leadership, Pzena Investment Management has grown to manage approximately $80 billion in assets, catering to a diverse client base including institutions and high-net-worth individuals. Pzena Investment Management specializes in deep value investing, employing a disciplined approach that seeks to identify mispriced securities. The firm operates from its headquarters in New York City, with additional offices in London, Melbourne, and Dublin. This global presence allows Pzena to leverage insights across various markets while adhering to its core investment strategy that emphasizes long-term value. Recent disclosures from Pzena Investment Management, covering the period from February 6, 2026, to April 24, 2026, reveal a series of strategic moves including 85 position increases and 92 reductions, with a notable focus on the financial services and technology sectors. The largest disclosed move involved trimming a position in Dollar General Corporation (DG) valued at approximately $598.6 million, highlighting the firm's active management style and response to market conditions.

History Trades

CompanyValueActionChangePriceLast Price
ManpowerGroup IncMAN$-2.9MTrimQ4 2025 13F$3M$31.24$51.65
SOLVENTUM CORPSOLV$2.8MAddQ4 2025 13F$3M$76.59$77.04
Corebridge Financial, Inc.CRBG$-2.7MTrimQ4 2025 13F$3M$30.75$31.54
Voya Financial IncVOYA$-2.6MTrimQ4 2025 13F$3M$72.85$96.79
Healthcare Realty Trust IncorporatedHR$-2.4MTrimQ4 2025 13F$2M--$21.47
Koppers Holdings Inc.KOP$-2.4MTrimQ4 2025 13F$2M$27.96$49.05
Arrow Electronics IncARW$-2.3MTrimQ4 2025 13F$2M$113.58$218.79
Oshkosh CorpOSK$-2.2MTrimQ4 2025 13F$2M--$146.72
C.H. Robinson Worldwide, Inc.CHRW$-2.2MExitQ4 2025 13F$2M$147.73$205.47
Leidos Holdings, Inc.LDOS$-2.2MTrimQ4 2025 13F$2M$188.70$108.29
Richard Pzena (Pzena Investment Management) trim Unmapped 13F securityPORTFOLIO$2M1.1M sharesTrimQ4 2025 13F$2M$2.00--
Olin CorporationOLN$-2.0MTrimQ4 2025 13F$2M--$21.86
Cisco Systems IncCSCO$1.9MAddQ4 2025 13F$2M$74.20$111.10
Associated Banc-CorpASB$-1.8MTrimQ4 2025 13F$2M--$30.97
Fifth Third BancorpFITB$1.8MAddQ4 2025 13F$2M$44.02$57.53
Richard Pzena (Pzena Investment Management) trim Unmapped 13F securityPORTFOLIO$17M614.3k sharesTrimQ4 2025 13F$2M$27.29--
WSFS Financial Corporation - Common StockWSFS$-1.6MTrimQ4 2025 13F$2M$55.24$78.96
Old National BancorpONB$-1.6MTrimQ4 2025 13F$2M$22.31$27.29
SS&C Technologies Holdings IncSSNC$-1.6MTrimQ4 2025 13F$2M$85.27$69.96
Universal CorporationUVV$-1.6MTrimQ4 2025 13F$2M--$53.36
Itau Unibanco banco Holding SA American depositary Shares (ITUb)ITUB$-1.4MTrimQ4 2025 13F$1M$7.25$8.35
Regions Financial CorpRF$1.3MAddQ4 2025 13F$1M$25.54$30.82
Petróleo Brasileiro S.A. - PetrobrasPBR-A$-1.3MTrimQ4 2025 13F$1M$11.55$16.22
KB Financial Group IncKB$-1.3MTrimQ4 2025 13F$1M--$120.25
Envista Holdings Corporation Common StockNVST$1.3MAddQ4 2025 13F$1M$20.52$26.17
Univest Financial CorporationUVSP$1.3MAddQ4 2025 13F$1M$31.32$45.21
H D F C Bank LtdHDB$1.3MAddQ4 2025 13F$1M$35.98$24.07
General Dynamics CorpGD$-1.3MTrimQ4 2025 13F$1M$341.03$370.10
Hooker Furnishings CorporationHOFT$1.2MAddQ4 2025 13F$1M--$13.65
TotalEnergies SETOTB.DE$1.2MOtherQ4 2025 13F$1M--$65.42
Teleflex IncTFX$-1.1MTrimQ4 2025 13F$1M$121.19$131.16
CBRE Group IncCBRE$1.0MAddQ4 2025 13F$1M$157.23$138.39
Shinhan Financial Group Co Ltd American Depositary SharesSHG$908.6KAddQ4 2025 13F$909k--$71.55
Richard Pzena (Pzena Investment Management) trim Unmapped 13F securityPORTFOLIO$2M172.7k sharesTrimQ4 2025 13F$854k$13.03--
Ambev SAABEV$853.6KAddQ4 2025 13F$854k$2.38$3.14
Umpqua Holdings CorpCOLB$848.7KAddQ4 2025 13F$849k$26.41$33.61
HSBC Holdings PLCHSBC$428.7KAddQ4 2025 13F$429k$71.51$100.12
ING Group, N.V.ING$423.8KAddQ4 2025 13F$424k$25.78$32.41
Arcos Dorados Holdings Inc.ARCO$395.0KAddQ4 2025 13F$395k--$8.30
Takeda Pharmaceutical Co LtdTAK$321.6KOtherQ4 2025 13F$322k$14.30$17.07
DocuSign, Inc.DOCU$308.5KOtherQ4 2025 13F$308k$68.40$47.04
Hologic IncHOLX$306.1KOtherQ4 2025 13F$306k$73.07$76.01
Applied Materials, Inc. - Common StockAMAT$-301.6KExitQ4 2025 13F$302k$239.74$525.70
Equinor ASAEQNR$295.3KAddQ4 2025 13F$295k--$37.12
Cincinnati Financial CorporationCINF$292.7KOtherQ4 2025 13F$293k$161.96$180.98
GSK plc American Depositary SharesGSK$283.1KAddQ4 2025 13F$283k$46.64$50.48
Archer-Daniels-Midland CompanyADM$278.4KOtherQ4 2025 13F$278k$59.76$85.12
Cal-Maine Foods, Inc.CALM$-269.1KExitQ4 2025 13F$269k$87.81$85.36
Shell PLCSHEL$-261.8KTrimQ4 2025 13F$262k$73.66$86.14
SanofiSNY$254.7KAddQ4 2025 13F$255k$49.57$44.20
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