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.

Biggest Losses

PositionReported PriceLast PriceEst. P/LReturnEst. Value
Intuit IncINTU · Q1 2026$432.38$289.92-$80k-32.9%$162k
Globant S.A. Common SharesGLOB · Q1 2026$46.11$31.98-$42M-30.6%$95M
Leidos Holdings, Inc.LDOS · Q1 2026$155.52$108.29-$12M-30.4%$27M
Accenture PLCACN · Q1 2026$198.29$144.73-$129M-27%$348M
Cognizant Technology Solutions CorporationCTSH · Q1 2026$61.35$44.86-$334M-26.9%$909M
Olin CorporationOLN · Q1 2026$29.73$21.86-$35M-26.5%$97M
Dow Inc.DOW · Q1 2026$41.65$31.16-$199M-25.2%$590M
Amdocs Limited - Ordinary SharesDOX · Q1 2026$65.26$51.02-$181M-21.8%$647M
HCA Healthcare IncHCA · Q1 2026$473.24$370.37-$10M-21.7%$35M
TotalEnergies SETOTB.DE · Q1 2026$80.91$65.42-$343k-19.1%$1M
Universal Health Services, Inc. Common StockUHS · Q1 2026$178.97$147.71-$60M-17.5%$282M
Genpact LtdG · Q1 2026$37.25$31.22-$4M-16.2%$23M
LKQ CorporationLKQ · Q1 2026$29.37$24.92-$28M-15.2%$155M
Magna International, Inc. Common StockMGA · Q1 2026$77.69$66.04-$295M-15%$2B
Halliburton CompanyHAL · Q1 2026$38.99$33.19-$24M-14.9%$135M
Petróleo Brasileiro S.A. - PetrobrasPBR-A · Q1 2026$18.75$16.22-$499k-13.5%$3M
Tyson Foods, Inc.TSN · Q1 2026$64.07$56.33-$133M-12.1%$966M
Equinor ASAEQNR · Q1 2026$42.20$37.12-$206k-12%$2M
Constellation Brands IncSTZ · Q1 2026$150.00$132.08-$11M-11.9%$79M
Huntsman CorpHUN · Q1 2026$13.31$11.86-$8M-10.9%$69M
Pfizer IncPFE · Q1 2026$28.08$25.05-$18M-10.8%$148M
Adobe IncADBE · Q1 2026$243.08$218.36-$25k-10.2%$221k
T-Mobile US IncTMUS · Q1 2026$210.03$190.94-$19k-9.09%$186k
AUTODESK IncADSK · Q1 2026$239.40$217.68-$22k-9.07%$222k
Exxon Mobil Corp (2)XOM · Q1 2026$169.66$154.45-$9M-8.96%$95M
GSK plc American Depositary SharesGSK · Q1 2026$55.19$50.48-$89k-8.54%$950k
SanofiSNY · Q1 2026$48.18$44.20-$76k-8.26%$844k
Takeda Pharmaceutical Co LtdTAK · Q1 2026$18.52$17.07-$41k-7.86%$484k
Shell PLCSHEL · Q1 2026$93.00$86.14-$22M-7.38%$275M
Concentrix CorpCNXC · Q1 2026$27.36$25.62-$5M-6.36%$75M
Alibaba Group Holding LtdBABA · Q1 2026$125.46$120.46-$142k-3.98%$3M
Cirrus Logic, Inc.CRUS · Q1 2026$144.62$138.86-$12k-3.98%$294k
Medtronic plcMDT · Q1 2026$86.65$83.55-$10M-3.58%$264M
H D F C Bank LtdHDB · Q1 2026$24.88$24.07-$1M-3.26%$37M
TE Connectivity LtdTEL · Q1 2026$209.02$203.14-$4M-2.81%$123M
ZTO ExpressZTO · Q1 2026$25.17$24.55-$5M-2.46%$183M
Itau Unibanco banco Holding SA American depositary Shares (ITUb)ITUB · Q1 2026$8.38$8.35-$7.9k-0.42%$2M
Koninklijke Philips NVPHG · Q1 2026$27.40$27.29-$4.6k-0.4%$1M
Oshkosh CorpOSK · Q1 2026$147.21$146.72-$215k-0.33%$64M
The Walt Disney CompanyDIS · Q1 2026$96.38$96.22-$14k-0.17%$9M