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
Nokia CorpNOK$30.7MAddQ3 2025 13F$31M$4.52$10.20
Fresenius Medical Care AG &Co KGAAFMS$-28.8MTrimQ3 2025 13F$29M$25.71$24.44
Mohawk Industries, Inc.MHK$28.7MAddQ3 2025 13F$29M$128.92$110.01
Delta Air Lines IncDAL$240M4.2M sharesAddQ3 2025 13F$28M$55.17$83.52
Arcos Dorados Holdings Inc.ARCO$25.6MAddQ3 2025 13F$26M--$8.30
Wells Fargo & CoWFC$856M10.2M sharesAddQ3 2025 13F$25M$81.09$86.35
Richard Pzena (Pzena Investment Management) add Unmapped 13F securityPORTFOLIO$143M998.5k sharesAddQ3 2025 13F$25M$142.97--
Bank of America CorpBAC$336M6.5M sharesAddQ3 2025 13F$24M$48.79$61.62
Sensata Technologies Holding PLCST$22.3MOtherQ3 2025 13F$22M$31.59$45.62
C.H. Robinson Worldwide, Inc.CHRW$-21.9MTrimQ3 2025 13F$22M$117.32$205.47
GLOBAL PAYMENTS IncGPN$21.8MAddQ3 2025 13F$22M$84.20$82.19
Cigna Corp (2)CI$-20.4MTrimQ3 2025 13F$20M$295.89$284.53
Richard Pzena (Pzena Investment Management) trim Unmapped 13F securityPORTFOLIO$218M4.3M sharesTrimQ3 2025 13F$20M$50.78--
Olin CorporationOLN$19.0MAddQ3 2025 13F$19M--$21.86
ZTO ExpressZTO$18.3MAddQ3 2025 13F$18M$19.14$24.55
Concentrix CorpCNXC$-18.2MTrimQ3 2025 13F$18M$53.34$25.62
Shell PLCSHEL$-17.0MTrimQ3 2025 13F$17M$72.01$86.14
Avnet, Inc.AVT$-16.2MTrimQ3 2025 13F$16M$53.80$84.76
Richard Pzena (Pzena Investment Management) trim Unmapped 13F securityPORTFOLIO$-15.9MTrimQ3 2025 13F$16M----
American Woodmark CorporationAMWD$15.7MAddQ3 2025 13F$16M--$48.09
Varex Imaging CorpVREX$15.6MAddQ3 2025 13F$16M--$10.76
H D F C Bank LtdHDB$-15.4MTrimQ3 2025 13F$15M$34.77$24.07
Bristol-Myers Squibb CompanyBMY$-15.0MTrimQ3 2025 13F$15M$46.70$60.85
General Dynamics CorpGD$15.0MAddQ3 2025 13F$15M$315.19$370.10
Ambev SAABEV$-14.8MTrimQ3 2025 13F$15M$2.29$3.14
Elevance Health, Inc. Common StockELV$-14.5MTrimQ3 2025 13F$14M$311.02$384.48
Umpqua Holdings CorpCOLB$13.5MAddQ3 2025 13F$14M--$33.61
Morgan StanleyMS$13.4MAddQ3 2025 13F$13M$147.66$216.42
Voya Financial IncVOYA$12.7MAddQ3 2025 13F$13M$73.71$96.79
Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (BIDU)BIDU$-12.7MTrimQ3 2025 13F$13M$99.04$112.82
Orion Engineered Carbons S.A.OEC$-12.4MTrimQ3 2025 13F$12M--$6.67
TriMas CorpTRS$-12.0MTrimQ3 2025 13F$12M--$40.90
Genesco Inc.GCO$11.9MAddQ3 2025 13F$12M--$37.32
Newell Brands IncNWL$-11.6MTrimQ3 2025 13F$12M--$5.04
Genuine Parts CompanyGPC$11.6MAddQ3 2025 13F$12M$134.14$125.66
Robert Half International IncRHI$10.5MAddQ3 2025 13F$10M$37.52$39.68
Webster Financial CorpWBS$10.2MAddQ3 2025 13F$10M$59.58$75.63
Universal CorporationUVV$-10.1MTrimQ3 2025 13F$10M--$53.36
Pfizer IncPFE$9.6MAddQ3 2025 13F$10M$24.68$25.05
The Goldman Sachs Group IncGS$9.0MAddQ3 2025 13F$9M$741.01$1,072.80
MasterBrand, Inc.MBC$8.9MAddQ3 2025 13F$9M$12.36$8.58
Johnson & JohnsonJNJ$8.4MAddQ3 2025 13F$8M$171.33$255.63
Richard Pzena (Pzena Investment Management) add Unmapped 13F securityPORTFOLIO$54M1.2M sharesAddQ3 2025 13F$8M$46.12--
JPMorgan Chase & Co.JPM$8.0MAddQ3 2025 13F$8M$297.41$348.21
Leidos Holdings, Inc.LDOS$7.7MAddQ3 2025 13F$8M$182.35$108.29
Adient plcADNT$7.6MAddQ3 2025 13F$8M--$20.65
Oshkosh CorpOSK$7.0MAddQ3 2025 13F$7M--$146.72
Huntsman CorpHUN$-6.9MTrimQ3 2025 13F$7M--$11.86
TE Connectivity LtdTEL$6.9MAddQ3 2025 13F$7M$200.40$203.14
HENRY SCHEIN IncHSIC$-5.8MTrimQ3 2025 13F$6M$69.22$83.81
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