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.

Latest Trades

CompanyValueActionChangePriceLast Price
MSC Industrial Direct Co., Inc.MSM$41M444.6k sharesAddQ1 2026 13F$4M$89.49$125.63
American Woodmark CorporationAMWD$65M1.6M sharesAddQ1 2026 13F$3M$53.02$48.09
Old National BancorpONB$60M2.7M sharesAddQ1 2026 13F$3M$23.35$27.29
WESCO International, Inc. (WCC)WCC$31M113.6k sharesAddQ1 2026 13F$3M$280.84$336.70
Haverty Furniture Companies, Inc.HVT$31M1.5M sharesTrimQ1 2026 13F$3M$21.18$26.23
Richard Pzena (Pzena Investment Management) trim Unmapped 13F securityPORTFOLIO$101M2.5M sharesTrimQ1 2026 13F$3M$41.06--
Adient plcADNT$73M3.6M sharesAddQ1 2026 13F$3M$20.21$20.65
USANA Health Sciences, Inc.USNA$19M1.1M sharesTrimQ1 2026 13F$3M$19.84$22.12
Ambev SAABEV$14M4.7M sharesAddQ1 2026 13F$3M$2.86$3.14
Myers Industries, Inc.MYE$27M1.3M sharesAddQ1 2026 13F$3M$21.04$31.32
Cigna Corp (2)CI$154M578.4k sharesTrimQ1 2026 13F$3M$276.68$284.53
Credicorp Ltd. (BAP)BAP$309M912.1k sharesAddQ1 2026 13F$3M$335.22$398.20
HCA Healthcare IncHCA$45M94.3k sharesTrimQ1 2026 13F$2M$503.40$370.37
Richard Pzena (Pzena Investment Management) trim Unmapped 13F securityPORTFOLIO$67M1.6M sharesTrimQ1 2026 13F$2M$42.09--
ScanSource, Inc.SCSC$33M913.2k sharesTrimQ1 2026 13F$2M$38.21$54.69
Petróleo Brasileiro S.A. - PetrobrasPBR-A$4M197k sharesAddQ1 2026 13F$2M$14.82$16.22
Hooker Furnishings CorporationHOFT$18M1.4M sharesAddQ1 2026 13F$2M$12.88$13.65
KORN FERRYKFY$50M797.4k sharesTrimQ1 2026 13F$2M$64.55$78.87
Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (BIDU)BIDU$5M48.8k sharesTrimQ1 2026 13F$2M$135.60$112.82
TrueBlue, Inc.TBI$11M2.9M sharesTrimQ1 2026 13F$2M$4.44$8.22
Regions Financial CorpRF$48M1.8M sharesTrimQ1 2026 13F$2M$27.92$30.82
Resideo Technologies, Inc.REZI$46M1.4M sharesTrimQ1 2026 13F$2M$35.71$35.30
HENRY SCHEIN IncHSIC$65M887.6k sharesTrimQ1 2026 13F$2M$77.24$87.16
Taiwan Semiconductor Manufacturing Co LtdTSM$6M19k sharesTrimQ1 2026 13F$2M$344.13$424.61
The Walt Disney CompanyDIS$9M90.2k sharesTrimQ1 2026 13F$2M$105.69$96.22
Bread Financial Holdings, Inc.BFH$46M613.7k sharesTrimQ1 2026 13F$1M$73.68$98.14
Johnson & JohnsonJNJ$50M204k sharesTrimQ1 2026 13F$1M$232.93$255.63
Equinor ASAEQNR$2M40.5k sharesAddQ1 2026 13F$1M$33.55$37.12
Univest Financial CorporationUVSP$29M842.4k sharesAddQ1 2026 13F$828k$33.82$45.21
Richard Pzena (Pzena Investment Management) trim Unmapped 13F securityPORTFOLIO$379k17.9k sharesTrimQ1 2026 13F$765k$21.16--
Richard Pzena (Pzena Investment Management) add Unmapped 13F securityPORTFOLIO$3M188.7k sharesAddQ1 2026 13F$752k$15.91--
KeyCorpKEY$33M1.7M sharesTrimQ1 2026 13F$683k$20.95$23.99
TotalEnergies SETOTB.DE$2M22.1k sharesAddQ1 2026 13F$640k$80.91$65.42
Arcelor Mittal NY Registry Shares NEWMT$957k18.4k sharesTrimQ1 2026 13F$614k$57.98$66.39
Genesco Inc.GCO$31M1.1M sharesAddQ1 2026 13F$520k$28.99$37.32
Richard Pzena (Pzena Investment Management) add Unmapped 13F securityPORTFOLIO$3M1.1M sharesAddQ1 2026 13F$422k$2.39--
GSK plc American Depositary SharesGSK$1M18.8k sharesAddQ1 2026 13F$380k$56.31$50.48
SanofiSNY$920k19.1k sharesAddQ1 2026 13F$350k$46.63$44.20
Cincinnati Financial CorporationCINF$-292.7KExitQ1 2026 13F$293k$162.60$180.98
Microsoft CorpMSFT$282k762 sharesOtherQ1 2026 13F$282k$418.44$390.34
Archer-Daniels-Midland CompanyADM$-278.4KExitQ1 2026 13F$278k$69.36$85.12
Intel CorpINTC$-277.3KExitQ1 2026 13F$277k$45.84$105.45
Itau Unibanco banco Holding SA American depositary Shares (ITUb)ITUB$2M225.2k sharesAddQ1 2026 13F$275k$8.62$8.35
KB Financial Group IncKB$2M19k sharesAddQ1 2026 13F$260k$99.73$120.25
AUTODESK IncADSK$244k1k sharesOtherQ1 2026 13F$244k$251.35$217.68
Intuit IncINTU$242k560 sharesOtherQ1 2026 13F$242k$476.99$289.92
Richard Pzena (Pzena Investment Management) exit Unmapped 13F securityPORTFOLIO$-216.2KExitQ1 2026 13F$216k----
T-Mobile US IncTMUS$205k975 sharesOtherQ1 2026 13F$205k$205.40$190.94
Takeda Pharmaceutical Co LtdTAK$525k28.4k sharesAddQ1 2026 13F$204k$17.55$17.07
HSBC Holdings PLCHSBC$2M24k sharesAddQ1 2026 13F$174k$84.69$100.12
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