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
Richard Pzena (Pzena Investment Management) trim Unmapped 13F securityPORTFOLIO$691M16.4M sharesTrimQ3 2024 13F$71M$42.03--
Cisco Systems IncCSCO$69.4MAddQ3 2024 13F$69M$48.64$111.10
Newell Brands IncNWL$66.6MAddQ3 2024 13F$67M--$5.16
Cardinal Health, Inc. Common StockCAH$-65.3MExitQ3 2024 13F$65M$104.55$224.94
Axalta Coating Systems LtdAXTA$-62.2MTrimQ3 2024 13F$62M$35.09$32.88
CVS Health CorpCVS$61.9MAddQ3 2024 13F$62M$58.34$107.43
AXIS Capital Holdings LtdAXS$-60.2MTrimQ3 2024 13F$60M$74.87$113.62
Belden Inc.BDC$-59.6MTrimQ3 2024 13F$60M--$101.20
GLOBAL PAYMENTS IncGPN$58.8MAddQ3 2024 13F$59M$103.81$82.19
Humana Inc.HUM$740.4MAddQ2 2024 13F$740M$337.63$398.42
GLOBAL PAYMENTS IncGPN$329.4MAddQ2 2024 13F$329M$110.19$82.19
CVS Health CorpCVS$321.1MAddQ2 2024 13F$321M$62.55$107.43
Richard Pzena (Pzena Investment Management) trim Unmapped 13F securityPORTFOLIO$762M18.6M sharesTrimQ2 2024 13F$201M$40.86--
Westinghouse Air Brake Technologies CorpWAB$-197.7MTrimQ2 2024 13F$198M$159.76$259.71
PVH Corp. Common StockPVH$-155.4MTrimQ2 2024 13F$155M--$78.67
Magna International, Inc. Common StockMGA$-129.6MTrimQ2 2024 13F$130M--$66.29
Capital One Financial CorporationCOF$-126.7MTrimQ2 2024 13F$127M$140.29$201.36
Gildan Activewear IncGIL$-123.8MTrimQ2 2024 13F$124M--$55.19
Joint Stock Company Kaspi.kzKSPI$112.0MOtherQ2 2024 13F$112M--$89.08
The Walt Disney CompanyDIS$27M271.5k sharesTrimQ2 2024 13F$101M$107.65$96.22
American International Group IncAIG$-97.2MTrimQ2 2024 13F$97M$76.45$80.13
Newell Brands IncNWL$-95.6MTrimQ2 2024 13F$96M--$5.16
Richard Pzena (Pzena Investment Management) add Unmapped 13F securityPORTFOLIO$94.0MAddQ2 2024 13F$94M----
Gap, Inc.GPS$-86.9MTrimQ2 2024 13F$87M--$24.55
Lear CorporationLEA$-83.4MTrimQ2 2024 13F$83M$127.98$140.47
Bristol-Myers Squibb CompanyBMY$-79.7MTrimQ2 2024 13F$80M$44.75$60.85
Charter Communications, Inc.CHTR$76.1MAddQ2 2024 13F$76M$272.92$129.22
Nokia CorpNOK$73.0MAddQ2 2024 13F$73M$3.70$10.20
Dow Inc.DOW$-71.9MTrimQ2 2024 13F$72M$57.13$29.70
JPMorgan Chase & Co.JPM$-69.1MTrimQ2 2024 13F$69M$195.50$348.21
Mohawk Industries, Inc.MHK$-67.4MTrimQ2 2024 13F$67M--$111.51
Metlife IncMET$-66.2MTrimQ2 2024 13F$66M$71.40$92.96
Skyworks SolutionsSWKS$64.5MAddQ2 2024 13F$64M$98.58$57.51
Amdocs Limited - Ordinary SharesDOX$62.8MAddQ2 2024 13F$63M--$51.56
Bristol-Myers Squibb CompanyBMY$379.7MAddQ1 2024 13F$380M$50.94$60.85
CVS Health CorpCVS$377.9MAddQ1 2024 13F$378M$76.39$107.43
Magna International, Inc. Common StockMGA$323.3MAddQ1 2024 13F$323M--$66.29
Westinghouse Air Brake Technologies CorpWAB$-308.0MTrimQ1 2024 13F$308M$135.45$259.71
Richard Pzena (Pzena Investment Management) add Unmapped 13F securityPORTFOLIO$303.1MAddQ1 2024 13F$303M----
Dollar General CorporationDG$301.7MOtherQ1 2024 13F$302M$142.16$125.95
Charter Communications, Inc.CHTR$264.5MAddQ1 2024 13F$264M$321.44$129.22
Citigroup IncC$165.4MAddQ1 2024 13F$165M$55.65$132.27
GE AerospaceGE$-161.0MTrimQ1 2024 13F$161M$117.76$340.30
Gildan Activewear IncGIL$-141.3MTrimQ1 2024 13F$141M--$55.19
Pfizer IncPFE$134.4MAddQ1 2024 13F$134M$27.75$25.05
Humana Inc.HUM$125.4MAddQ1 2024 13F$125M$379.01$398.42
Bank of America CorpBAC$814M21.5M sharesAddQ1 2024 13F$123M$34.33$61.62
Wells Fargo & CoWFC$993M17.1M sharesAddQ1 2024 13F$108M$52.32$86.35
Baxter International IncBAX$104.8MAddQ1 2024 13F$105M$40.66$21.74
ZTO ExpressZTO$100.0MAddQ1 2024 13F$100M--$24.55
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