whalepapers
Overview/ Pzena Investment Management LLC/ Q2 2014

Pzena Investment Management LLC

Richard Pzena · As of Q2 2014 · filed Aug 8, 2014

Q2 2014

Holdings

140 positions · Δ vs prior quarter
HEWLETT-PACKARD CO
$819.0M
4.5%
24,317,414 −2,707,834 −10.0% Reduced
RDS/A SHELL PLC-SPON ADR-A
$572.1M
3.2%
6,945,699 +33,990 +0.5% Added
BP BP PLC-SPONS ADR
$563.4M
3.1%
10,679,954 −211,550 −1.9% Reduced
AIG AMERICAN INTERNATIONAL GROUP
$536.3M
3.0%
9,825,424 −205,371 −2.0% Reduced
INTC INTEL CORP
$504.7M
2.8%
16,333,339 +3,163,815 +24.0% Added
ORCL ORACLE CORP
$497.5M
2.8%
12,273,978 −2,460,817 −16.7% Reduced
CIGNA CORP
$485.8M
2.7%
5,281,715 +458,511 +9.5% Added
BAC BANK OF AMERICA CORP
$483.2M
2.7%
31,436,311 +6,139,650 +24.3% Added
C CITIGROUP INC
$474.2M
2.6%
10,068,251 +93,778 +0.9% Added
OMC OMNICOM GROUP
$467.1M
2.6%
6,558,083 +13,250 +0.2% Added
MSFT MICROSOFT CORP
$427.1M
2.4%
10,241,463 −517,263 −4.8% Reduced
EXMOC EXXON MOBIL CORP
$424.0M
2.4%
4,211,548 +495,957 +13.3% Added
NWSA NEWS CORP - CLASS A
$423.7M
2.4%
23,617,742 +1,999,194 +9.2% Added
MS MORGAN STANLEY
$418.9M
2.3%
12,957,017 +676,780 +5.5% Added
STT STATE STREET CORP
$391.1M
2.2%
5,814,240 +1,196,109 +25.9% Added
BAKER HUGHES INC
$382.2M
2.1%
5,133,571 −3,774,085 −42.4% Reduced
JPM JPMORGAN CHASE & CO
$361.4M
2.0%
6,272,406 +408,511 +7.0% Added
PH PARKER HANNIFIN CORP
$360.9M
2.0%
2,870,465 −73,631 −2.5% Reduced
STAPLES INC
$355.1M
2.0%
32,759,270 +875,818 +2.7% Added
TRW AUTOMOTIVE HOLDINGS CORP
$353.1M
2.0%
3,944,455 +319,713 +8.8% Added
MET METLIFE INC
$339.4M
1.9%
6,109,317 −56,645 −0.9% Reduced
GS GOLDMAN SACHS GROUP INC
$318.0M
1.8%
1,898,978 +164,765 +9.5% Added
VOYA VOYA FINANCIAL INC
$317.9M
1.8%
8,746,768 +8,746,768 New
BDX BECTON DICKINSON AND CO
$307.6M
1.7%
2,600,468 +63,259 +2.5% Added
IPG INTERPUBLIC GROUP OF COS INC
$307.0M
1.7%
15,735,405 +2,639,956 +20.2% Added
ABT ABBOTT LABORATORIES
$294.4M
1.6%
7,197,691 +263,409 +3.8% Added
PNC PNC FINANCIAL SERVICES GROUP
$273.3M
1.5%
3,068,684 −408,960 −11.8% Reduced
GM GENERAL MOTORS CO
$271.4M
1.5%
7,475,961 −30,670 −0.4% Reduced
AXS AXIS CAPITAL HOLDINGS LTD
$270.8M
1.5%
6,116,467 +538,952 +9.7% Added
UBS AG
$254.3M
1.4%
13,879,543 −289,485 −2.0% Reduced
WILLIS GROUP HOLDINGS LTD
$241.5M
1.3%
5,577,087 +665,688 +13.6% Added
MAS MASCO CORP
$240.1M
1.3%
10,814,171 +1,956,202 +22.1% Added
GLW CORNING INC
$222.8M
1.2%
10,149,295 −964,657 −8.7% Reduced
AVT AVNET INC
$214.9M
1.2%
4,849,354 −25,298 −0.5% Reduced
BEN FRANKLIN TEMPLETON INC
$182.2M
1.0%
3,150,471 +11,747 +0.4% Added
CMA COMERICA INC
$176.5M
1.0%
3,518,311 −211,748 −5.7% Reduced
WFC WELLS FARGO & CO
$171.7M
1.0%
3,267,447 −287,376 −8.1% Reduced
LABORATORY CORP OF AMERICA HOLDINGS
$169.4M
0.9%
1,654,529 −602,381 −26.7% Reduced
PARTNERRE LTD
$167.5M
0.9%
1,533,562 −13,215 −0.9% Reduced
ETR ENTERGY CORP
$135.0M
0.7%
1,644,594 −1,935,328 −54.1% Reduced
TEL1USD TE CONNECTIVITY LTD
$133.9M
0.7%
2,164,740 −715,692 −24.8% Reduced
JNJ JOHNSON & JOHNSON
$120.9M
0.7%
1,155,666 +287,527 +33.1% Added
SUPERIOR ENERGY SERVICES INC
$107.3M
0.6%
2,969,760 −191,817 −6.1% Reduced
ON ON SEMICONDUCTOR
$106.5M
0.6%
11,653,082 +2,261,030 +24.1% Added
MUR MURPHY OIL CORP
$104.5M
0.6%
1,571,830 +1,473,335 +1495.8% Added
WMT WALMART INC
$102.5M
0.6%
1,365,763 +77,050 +6.0% Added
NWS NEWS CORP - CLASS B
$102.4M
0.6%
5,870,845 −421,075 −6.7% Reduced
9990302D APACHE CORP
$100.7M
0.6%
1,000,631 −113,103 −10.2% Reduced
KEL KELLANOVA
$90.9M
0.5%
1,383,828 +1,342,287 +3231.2% Added
XL GROUP PLC
$84.6M
0.5%
2,584,925 +2,584,925 New
KSS KOHLS CORP
$78.7M
0.4%
1,494,500 +102,825 +7.4% Added
PGR PROGRESSIVE CORP
$74.3M
0.4%
2,928,498 +2,792,298 +2050.1% Added
KEY KEYCORP
$70.8M
0.4%
4,938,275 +401,300 +8.8% Added
LAMAR ADVERTISING CO -A
$68.4M
0.4%
1,290,161 +1,290,161 New
LMEUR LEGG MASON INC
$66.9M
0.4%
1,304,475 −231,374 −15.1% Reduced
AETNA INC
$66.9M
0.4%
824,931 +48,500 +6.2% Added
RF REGIONS FINANCIAL CORP
$66.6M
0.4%
6,266,836 +496,475 +8.6% Added
URS CORP
$63.9M
0.4%
1,392,973 +147,880 +11.9% Added
CSCO CISCO SYSTEMS INC
$63.2M
0.4%
2,543,609 −1,281,691 −33.5% Reduced
CON-WAY INC
$60.1M
0.3%
1,191,924 +2,480 +0.2% Added
HIG HARTFORD INSURANCE GROUP INC
$58.7M
0.3%
1,640,026 +142,657 +9.5% Added
TEX TEREX CORP
$58.2M
0.3%
1,415,040 +184,474 +15.0% Added
FITB FIFTH THIRD BANCORP
$57.9M
0.3%
2,713,900 +244,650 +9.9% Added
HOSPITALITY PROPERTIES TRUST
$56.4M
0.3%
1,855,220 +148,567 +8.7% Added
FLEX FLEX LTD
$54.2M
0.3%
4,892,800 +1,052,750 +27.4% Added
IVZ INVESCO LTD
$53.6M
0.3%
1,419,341 −5,089,355 −78.2% Reduced
DOORUSD MASONITE INTERNATIONAL CORP
$53.3M
0.3%
946,782 −26,913 −2.8% Reduced
OC OWENS CORNING
$52.3M
0.3%
1,351,852 +149,747 +12.5% Added
DAN DANA INC
$51.4M
0.3%
2,103,116 −146,479 −6.5% Reduced
GNW GENWORTH FINANCIAL INC
$51.0M
0.3%
2,933,175 +2,933,175 New
AIZ ASSURANT INC
$48.6M
0.3%
741,256 −379,978 −33.9% Reduced
TECD1USD TECH DATA CORP
$47.1M
0.3%
752,605 +716,230 +1969.0% Added
PRI PRIMERICA INC
$44.3M
0.2%
926,192 +81,447 +9.6% Added
PJCEUR PIPER SANDLER COS
$41.7M
0.2%
805,479 −134,484 −14.3% Reduced
UNITED STATIONERS INC
$39.8M
0.2%
959,091 +552,888 +136.1% Added
TTEK TETRA TECH INC
$39.7M
0.2%
1,442,326 +133,869 +10.2% Added
ATUEUR ACTUANT CORP-A
$38.5M
0.2%
1,113,707 +23,423 +2.1% Added
ASB ASSOCIATED BANC-CORP
$38.3M
0.2%
2,117,748 +429,925 +25.5% Added
UPBD UPBOUND GROUP INC
$37.8M
0.2%
1,319,702 −213,845 −13.9% Reduced
WED WEBSTER FINANCIAL CORP
$37.8M
0.2%
1,199,998 +106,684 +9.8% Added
SYU1 SYNOVUS FINANCIAL CORP
$37.6M
0.2%
1,540,945 +1,540,945 New
MUSA MURPHY USA INC
$36.9M
0.2%
755,157 −322,412 −29.9% Reduced
NSIT INSIGHT ENTERPRISES INC
$35.8M
0.2%
1,163,002 −35,986 −3.0% Reduced
FMBIUSD FIRST MIDWEST BANCORP INC/IL
$32.9M
0.2%
1,932,666 +885,567 +84.6% Added
ARW ARROW ELECTRONICS INC
$32.3M
0.2%
534,375 +197,725 +58.7% Added
NATIONAL PENN BANCSHARES INC
$31.5M
0.2%
2,972,929 −88,294 −2.9% Reduced
TCF FINANCIAL CORP
$30.5M
0.2%
1,862,582 −55,714 −2.9% Reduced
WCGEUR WELLCARE HEALTH PLANS INC
$30.3M
0.2%
405,464 −168,869 −29.4% Reduced
BBCN BANCORP INC
$30.3M
0.2%
1,896,716 −96,408 −4.8% Reduced
CMCO COLUMBUS MCKINNON CORP/NY
$30.2M
0.2%
1,117,917 +88,344 +8.6% Added
DIOD DIODES INC
$30.1M
0.2%
1,040,773 −604,727 −36.8% Reduced
AELUSD AMERICAN EQUITY INVT LIFE HL
$29.8M
0.2%
1,211,573 −40,880 −3.3% Reduced
SYMETRA FINANCIAL CORP
$27.0M
0.1%
1,186,675 +1,019,125 +608.3% Added
LLY ELI LILLY & CO
$26.8M
0.1%
431,350 −275 −0.1% Reduced
CHE CHEMED CORP
$26.3M
0.1%
281,109 −65,942 −19.0% Reduced
L-3 COMMUNICATIONS
$26.3M
0.1%
218,038 −165,610 −43.2% Reduced
GD GENERAL DYNAMICS CORP
$26.0M
0.1%
223,500 −144,125 −39.2% Reduced
TPC TUTOR PERINI CORP
$25.8M
0.1%
814,399 −387,250 −32.2% Reduced
DRH DIAMONDROCK HOSPITALITY CO
$25.8M
0.1%
2,016,076 −65,502 −3.1% Reduced
AGIIGBP ARGO GROUP INTERNATIONAL
$25.7M
0.1%
502,711 −313,695 −38.4% Reduced
MATW MATTHEWS INTL CORP-CLASS A
$25.6M
0.1%
614,676 +47,556 +8.4% Added
DGX QUEST DIAGNOSTICS INC
$25.3M
0.1%
431,100 −541,100 −55.7% Reduced
ACM AECOM
$24.4M
0.1%
759,150 +230,894 +43.7% Added
SRI STONERIDGE INC
$23.8M
0.1%
2,218,384 +150,677 +7.3% Added
PHH CORP
$23.2M
0.1%
1,010,448 −25,119 −2.4% Reduced
GFF GRIFFON CORP
$23.2M
0.1%
1,871,089 −58,262 −3.0% Reduced
ENDURANCE SPECIALTY HOLDINGS
$21.8M
0.1%
422,544 +375,344 +795.2% Added
MONSTER WORLDWIDE INC
$21.1M
0.1%
3,222,853 +63,071 +2.0% Added
SCHN1EUR SCHNITZER STEEL INDS INC-A
$21.0M
0.1%
805,242 −23,499 −2.8% Reduced
ASPEN INSURANCE HOLDINGS LTD
$19.2M
0.1%
422,536 −521,201 −55.2% Reduced
VALIDUS HOLDINGS LTD
$18.6M
0.1%
486,308 +198,713 +69.1% Added
ALL ALLSTATE CORP
$18.5M
0.1%
315,151 −756,546 −70.6% Reduced
KBR KBR INC
$18.4M
0.1%
770,200 +458,725 +147.3% Added
MLKN MILLERKNOLL INC
$18.2M
0.1%
601,632 −23,662 −3.8% Reduced
ARC DOCUMENT SOLUTIONS INC
$18.0M
0.1%
3,079,648 +683,963 +28.5% Added
MWA MUELLER WATER PRODUCTS INC-A
$18.0M
0.1%
2,088,783 −65,622 −3.0% Reduced
RNR RENAISSANCERE HOLDINGS LTD
$15.9M
0.1%
148,928 −52,021 −25.9% Reduced
FE FIRSTENERGY CORP
$14.6M
0.1%
421,249 +276,599 +191.2% Added
ROCK GIBRALTAR INDUSTRIES INC
$13.8M
0.1%
892,994 +892,994 New
WSFS WSFS FINANCIAL CORP
$13.7M
0.1%
185,618 −4,683 −2.5% Reduced
JBL JABIL INC
$12.0M
0.1%
572,050 +300,650 +110.8% Added
ROWAN COMPANIES PLC - A
$11.4M
0.1%
355,650 +227,154 +176.8% Added
VCA INC
$11.0M
0.1%
312,197 −452,322 −59.2% Reduced
PG PROCTER & GAMBLE CO
$10.6M
0.1%
134,354 +20,103 +17.6% Added
INGRAM MICRO INC CL-A
$10.0M
0.1%
341,625 −809,655 −70.3% Reduced
TMK TORCHMARK CORP
$9.2M
0.1%
112,149 +6,025 +5.7% Added
TSM TAIWAN SEMICONDUCTOR-SP ADR
$8.3M
0.0%
386,375 −2,275 −0.6% Reduced
INTERNATIONAL GAME TECHNOLOGY
$8.1M
0.0%
506,350 +337,550 +200.0% Added
ASHLAND INC
$7.8M
0.0%
71,675 +46,075 +180.0% Added
EXC EXELON CORP
$7.8M
0.0%
213,642 +64,260 +43.0% Added
EPR EPR PROPERTIES
$7.7M
0.0%
138,325 +91,125 +193.1% Added
WDC WESTERN DIGITAL CORP
$7.7M
0.0%
83,125 +54,725 +192.7% Added
RRX REGAL REXNORD CORP
$7.6M
0.0%
96,125 +61,725 +179.4% Added
EG EVEREST GROUP LTD
$7.5M
0.0%
46,925 +29,125 +163.6% Added
ACE LTD
$5.8M
0.0%
56,109 +52,767 +1578.9% Added
SHG SHINHAN FINANCIAL GROUP-ADR
$4.7M
0.0%
103,075 +2,600 +2.6% Added
ADVANCED SEMICONDUCTOR E-ADR
$4.6M
0.0%
706,068 −491,307 −41.0% Reduced
BPOP POPULAR INC
$3.8M
0.0%
110,730 −573 −0.5% Reduced
STEEL EXCEL INC
$2.4M
0.0%
68,762 +68,762 New
PBR PETROLEO BRASILEIRO-SPON ADR
$1.1M
0.0%
77,100 +77,100 New

Sold positions

14 closed in Q2 2014 · shares & value as of prior filing
Holding Shares sold Prior value
ING US INC
8,238,533 $298.8M
DELPHI AUTOMOTIVE PLC
829,678 $56.3M
TAP MOLSON COORS BEVERAGE CO - B
789,850 $46.5M
BRC BRADY CORPORATION - CL A
1,515,363 $41.1M
SYNOVUS FINANCIAL CORP
10,064,075 $34.1M
ENGILITY HOLDINGS INC
251,366 $11.3M
BANCORPSOUTH INC
269,735 $6.7M
STEEL EXCEL INC
81,192 $2.6M
NOC NORTHROP GRUMMAN CORP
19,184 $2.4M
E ENI SPA-SPONSORED ADR
27,500 $1.4M
TMUS T-MOBILE US INC
17,600 $581K
PROTECTIVE LIFE CORP
9,275 $488K
HARTE-HANKS INC.
36,124 $319K
HAL HALLIBURTON CO
5,050 $297K

Holdings reflect long positions disclosed in 13F filings only and exclude short positions, cash, and other non-13F assets. Holdings data sourced from SEC EDGAR. Not investment advice. Full disclaimer.