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
Humana Inc.HUM$97.4MAddQ1 2025 13F$97M$270.45$398.42
Medtronic plcMDT$97.4MAddQ1 2025 13F$97M$89.48$83.55
Richard Pzena (Pzena Investment Management) trim Unmapped 13F securityPORTFOLIO$307M5.9M sharesTrimQ1 2025 13F$79M$52.09--
JPMorgan Chase & Co.JPM$-71.3MTrimQ1 2025 13F$71M$254.94$348.21
Bristol-Myers Squibb CompanyBMY$68.5MAddQ1 2025 13F$69M$58.29$60.85
Charter Communications, Inc.CHTR$63.6MAddQ1 2025 13F$64M$357.69$129.22
Nokia CorpNOK$52.6MAddQ1 2025 13F$53M$4.89$10.20
Cognizant Technology Solutions CorporationCTSH$-52.3MTrimQ1 2025 13F$52M$76.50$44.86
Lear CorporationLEA$-51.0MTrimQ1 2025 13F$51M$94.88$140.47
Edison InternationalEIX$-377.6MTrimQ4 2024 13F$378M$83.59$76.68
Richard Pzena (Pzena Investment Management) trim Unmapped 13F securityPORTFOLIO$386M8.2M sharesTrimQ4 2024 13F$304M$47.17--
Dow Inc.DOW$-281.2MTrimQ4 2024 13F$281M$46.66$29.70
GLOBAL PAYMENTS IncGPN$250.0MAddQ4 2024 13F$250M$109.36$82.19
Baxter International IncBAX$-242.6MTrimQ4 2024 13F$243M$31.27$21.74
Magna International, Inc. Common StockMGA$162.1MAddQ4 2024 13F$162M--$66.29
The Goldman Sachs Group IncGS$-122.8MTrimQ4 2024 13F$123M$557.79$1,072.80
Humana Inc.HUM$121.9MAddQ4 2024 13F$122M$268.19$398.42
Medtronic plcMDT$-116.5MTrimQ4 2024 13F$117M$86.57$83.55
Lear CorporationLEA$-114.8MTrimQ4 2024 13F$115M$99.61$140.47
Corebridge Financial, Inc.CRBG$96.9MAddQ4 2024 13F$97M--$31.54
Skyworks SolutionsSWKS$94.9MAddQ4 2024 13F$95M$90.85$57.51
Wells Fargo & CoWFC$971M13.8M sharesAddQ4 2024 13F$89M$68.27$86.35
Newell Brands IncNWL$85.2MAddQ4 2024 13F$85M--$5.16
NOV Inc.NOV$-81.9MTrimQ4 2024 13F$82M--$19.39
Cognizant Technology Solutions CorporationCTSH$-77.8MTrimQ4 2024 13F$78M--$44.86
Metlife IncMET$-74.0MTrimQ4 2024 13F$74M$83.21$92.96
Avnet, Inc.AVT$-69.0MTrimQ4 2024 13F$69M--$84.76
SS&C Technologies Holdings IncSSNC$-63.8MTrimQ4 2024 13F$64M$74.81$69.96
Capital One Financial CorporationCOF$60.8MAddQ4 2024 13F$61M$173.11$201.36
JELD-WEN Holding, Inc.JELD$-60.0MTrimQ4 2024 13F$60M--$1.19
Richard Pzena (Pzena Investment Management) trim Unmapped 13F securityPORTFOLIO$-58.3MTrimQ4 2024 13F$58M----
Huntsman CorpHUN$57.6MAddQ4 2024 13F$58M--$11.86
CVS Health CorpCVS$54.4MAddQ4 2024 13F$54M$56.10$107.43
Cigna Corp (2)CI$-52.0MTrimQ4 2024 13F$52M$318.77$284.53
Dollar General CorporationDG$621.3MAddQ3 2024 13F$621M$109.62$125.95
TE Connectivity LtdTEL$394.8MOtherQ3 2024 13F$395M$149.72$203.14
TE Connectivity LtdTEL$-393.5MExitQ3 2024 13F$394M$149.72$203.14
Delta Air Lines IncDAL$281M5.5M sharesOtherQ3 2024 13F$281M$43.57$83.52
Magna International, Inc. Common StockMGA$258.6MAddQ3 2024 13F$259M--$66.29
Baxter International IncBAX$192.4MAddQ3 2024 13F$192M--$21.74
Cognizant Technology Solutions CorporationCTSH$170.8MAddQ3 2024 13F$171M$74.50$44.86
Bristol-Myers Squibb CompanyBMY$147.8MAddQ3 2024 13F$148M$46.91$60.85
Medtronic plcMDT$118.9MAddQ3 2024 13F$119M$84.12$83.55
Edison InternationalEIX$-117.9MTrimQ3 2024 13F$118M$81.22$76.68
Metlife IncMET$117.8MAddQ3 2024 13F$118M$74.70$92.96
Amdocs Limited - Ordinary SharesDOX$109.4MAddQ3 2024 13F$109M$84.16$51.56
Nokia CorpNOK$84.8MAddQ3 2024 13F$85M$4.05$10.20
Capital One Financial CorporationCOF$79.2MAddQ3 2024 13F$79M$142.40$201.36
Charter Communications, Inc.CHTR$72.6MAddQ3 2024 13F$73M$324.08$129.22
Humana Inc.HUM$-72.4MTrimQ3 2024 13F$72M$355.97$398.42
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