whalepapers
Overview/ Pzena Investment Management LLC/ Q2 2015

Pzena Investment Management LLC

Richard Pzena · As of Q2 2015 · filed Aug 7, 2015

Q2 2015

Holdings

151 positions · Δ vs prior quarter
HEWLETT-PACKARD CO
$539.7M
3.0%
17,984,993 +301,655 +1.7% Added
C CITIGROUP INC
$528.2M
3.0%
9,562,226 −200,251 −2.1% Reduced
AIG AMERICAN INTERNATIONAL GROUP
$526.1M
3.0%
8,509,917 −709,942 −7.7% Reduced
BAC BANK OF AMERICA CORP
$517.7M
2.9%
30,419,181 −493,154 −1.6% Reduced
MSFT MICROSOFT CORP
$469.0M
2.6%
10,623,172 +1,406,632 +15.3% Added
ORCL ORACLE CORP
$459.4M
2.6%
11,398,384 −399,180 −3.4% Reduced
BP BP PLC-SPONS ADR
$454.3M
2.6%
11,369,511 −563,261 −4.7% Reduced
NWSA NEWS CORP - CLASS A
$444.2M
2.5%
30,442,522 +3,717,416 +13.9% Added
CIGNA CORP
$438.3M
2.5%
2,705,286 −2,012,995 −42.7% Reduced
RDS/A SHELL PLC-SPON ADR-A
$426.8M
2.4%
7,487,007 +360,449 +5.1% Added
PH PARKER HANNIFIN CORP
$413.0M
2.3%
3,550,288 −111,488 −3.0% Reduced
OMC OMNICOM GROUP
$409.6M
2.3%
5,894,861 +378,071 +6.9% Added
MS MORGAN STANLEY
$382.7M
2.2%
9,865,367 −1,188,519 −10.8% Reduced
JPM JPMORGAN CHASE & CO
$371.3M
2.1%
5,479,983 −282,451 −4.9% Reduced
WMT WALMART INC
$367.5M
2.1%
5,180,794 +3,846,745 +288.4% Added
VOYA VOYA FINANCIAL INC
$356.6M
2.0%
7,673,842 −463,242 −5.7% Reduced
BAX BAXTER INTERNATIONAL INC
$351.8M
2.0%
5,030,632 +2,214 +0.0% Added
AXS AXIS CAPITAL HOLDINGS LTD
$351.5M
2.0%
6,585,359 −311,097 −4.5% Reduced
EXMOC EXXON MOBIL CORP
$349.0M
2.0%
4,195,152 +26,380 +0.6% Added
INTC INTEL CORP
$342.0M
1.9%
11,244,703 −468,373 −4.0% Reduced
STAPLES INC
$339.7M
1.9%
22,188,292 −675,830 −3.0% Reduced
SWK STANLEY BLACK & DECKER INC
$339.4M
1.9%
3,224,699 −135,566 −4.0% Reduced
MET METLIFE INC
$335.7M
1.9%
5,995,550 −158,706 −2.6% Reduced
GS GOLDMAN SACHS GROUP INC
$322.6M
1.8%
1,545,017 −88,815 −5.4% Reduced
ABT ABBOTT LABORATORIES
$311.2M
1.8%
6,340,115 −33,630 −0.5% Reduced
PNC PNC FINANCIAL SERVICES GROUP
$285.5M
1.6%
2,984,856 −412,167 −12.1% Reduced
UBS UBS GROUP AG-REG
$270.5M
1.5%
12,760,935 −2,745,833 −17.7% Reduced
IPG INTERPUBLIC GROUP OF COS INC
$267.9M
1.5%
13,901,251 −93,962 −0.7% Reduced
F FORD MOTOR CO
$266.0M
1.5%
17,719,859 +82,926 +0.5% Added
BAKER HUGHES INC
$261.2M
1.5%
4,232,667 −787,242 −15.7% Reduced
BEN FRANKLIN TEMPLETON INC
$260.2M
1.5%
5,306,059 +464,060 +9.6% Added
STT STATE STREET CORP
$251.8M
1.4%
3,270,591 −871,125 −21.0% Reduced
AVT AVNET INC
$248.1M
1.4%
6,035,442 +56,346 +0.9% Added
XL GROUP PLC
$227.0M
1.3%
6,102,592 −116,376 −1.9% Reduced
MUR MURPHY OIL CORP
$194.3M
1.1%
4,674,915 −12,131 −0.3% Reduced
WILLIS GROUP HOLDINGS LTD
$192.4M
1.1%
4,101,348 −388,697 −8.7% Reduced
RF REGIONS FINANCIAL CORP
$176.8M
1.0%
17,063,917 +4,858,926 +39.8% Added
LAMR LAMAR ADVERTISING CO-A
$152.4M
0.9%
2,652,136 −63,352 −2.3% Reduced
CMA COMERICA INC
$151.8M
0.9%
2,957,942 −170,081 −5.4% Reduced
GLW CORNING INC
$151.6M
0.9%
7,683,393 −41,465 −0.5% Reduced
PGR PROGRESSIVE CORP
$126.2M
0.7%
4,533,665 −31,729 −0.7% Reduced
MAS MASCO CORP
$125.9M
0.7%
4,721,623 −1,137,390 −19.4% Reduced
WFC WELLS FARGO & CO
$125.0M
0.7%
2,222,313 −79,982 −3.5% Reduced
ON ON SEMICONDUCTOR
$119.7M
0.7%
10,237,702 −1,441,818 −12.3% Reduced
JNJ JOHNSON & JOHNSON
$114.4M
0.6%
1,174,169 +153 +0.0% Added
AETNA INC
$105.1M
0.6%
824,734 −42,875 −4.9% Reduced
SUPERIOR ENERGY SERVICES INC
$99.6M
0.6%
4,733,009 +276,168 +6.2% Added
TEX TEREX CORP
$92.9M
0.5%
3,996,888 +306,302 +8.3% Added
ACM AECOM
$92.5M
0.5%
2,797,271 −22,194 −0.8% Reduced
EIX EDISON INTERNATIONAL
$88.8M
0.5%
1,597,509 +1,431,900 +864.6% Added
LABORATORY CORP OF AMERICA HOLDINGS
$87.2M
0.5%
719,376 −8,702 −1.2% Reduced
CSCO CISCO SYSTEMS INC
$83.2M
0.5%
3,031,377 +14,412 +0.5% Added
KEL KELLANOVA
$81.3M
0.5%
1,296,130 −381,600 −22.7% Reduced
KEY KEYCORP
$80.1M
0.5%
5,329,700 −43,125 −0.8% Reduced
NWS NEWS CORP - CLASS B
$78.1M
0.4%
5,483,700 −15,530 −0.3% Reduced
FITB FIFTH THIRD BANCORP
$72.7M
0.4%
3,493,200 Held
DAN DANA INC
$72.6M
0.4%
3,529,729 +10,225 +0.3% Added
PFE PFIZER INC
$72.4M
0.4%
2,159,818 +200 +0.0% Added
WED WEBSTER FINANCIAL CORP
$69.4M
0.4%
1,754,838 +99,775 +6.0% Added
CFG CITIZENS FINANCIAL GROUP
$68.3M
0.4%
2,501,841 +1,841 +0.1% Added
SYU1 SYNOVUS FINANCIAL CORP
$67.8M
0.4%
2,200,121 +35,475 +1.6% Added
FLEX FLEX LTD
$64.7M
0.4%
5,722,407 +184,600 +3.3% Added
IVZ INVESCO LTD
$61.2M
0.3%
1,631,500 −1,650 −0.1% Reduced
DOV DOVER CORP
$58.5M
0.3%
834,269 +834,269 New
GNW GENWORTH FINANCIAL INC
$58.4M
0.3%
7,717,118 +1,204,393 +18.5% Added
ETR ENTERGY CORP
$56.1M
0.3%
796,411 −436,211 −35.4% Reduced
TEL1USD TE CONNECTIVITY LTD
$56.1M
0.3%
872,578 −87,650 −9.1% Reduced
CVS CVS HEALTH CORP
$55.3M
0.3%
527,265 +100 +0.0% Added
ATUEUR ACTUANT CORP-A
$54.9M
0.3%
2,377,118 +361,786 +18.0% Added
TMK TORCHMARK CORP
$53.1M
0.3%
912,243 +212,807 +30.4% Added
BDX BECTON DICKINSON AND CO
$53.0M
0.3%
373,824 Held
TECD1USD TECH DATA CORP
$50.3M
0.3%
874,442 +58,273 +7.1% Added
OC OWENS CORNING
$48.3M
0.3%
1,169,813 −446,808 −27.6% Reduced
KBR KBR INC
$46.6M
0.3%
2,394,550 Held
ROCK GIBRALTAR INDUSTRIES INC
$44.6M
0.3%
2,189,654 +342,081 +18.5% Added
ENDURANCE SPECIALTY HOLDINGS
$44.4M
0.3%
676,228 +4,325 +0.6% Added
DOORUSD MASONITE INTERNATIONAL CORP
$41.7M
0.2%
594,193 +693 +0.1% Added
HIG HARTFORD INSURANCE GROUP INC
$40.6M
0.2%
977,801 Held
VIV1USD TELEFONICA BRASIL-ADR PREF
$39.7M
0.2%
2,853,465 +950,190 +49.9% Added
ARW ARROW ELECTRONICS INC
$39.0M
0.2%
698,095 +6,832 +1.0% Added
ASB ASSOCIATED BANC-CORP
$38.8M
0.2%
1,912,475 +13,650 +0.7% Added
NSIT INSIGHT ENTERPRISES INC
$37.0M
0.2%
1,237,026 −83,148 −6.3% Reduced
AIZ ASSURANT INC
$37.0M
0.2%
552,001 +45,603 +9.0% Added
ACH ACCENDRA HEALTH INC
$37.0M
0.2%
1,087,551 +10,125 +0.9% Added
BRC BRADY CORPORATION - CL A
$36.9M
0.2%
1,491,492 −99,737 −6.3% Reduced
GENERAL CABLE CORP DEL NE
$34.9M
0.2%
1,768,979 −529,813 −23.0% Reduced
TTEK TETRA TECH INC
$34.5M
0.2%
1,344,254 +11,150 +0.8% Added
STANCORP FINANCIAL GROUP
$34.2M
0.2%
452,205 +306,439 +210.2% Added
VALIDUS HOLDINGS LTD
$33.3M
0.2%
757,398 +17,420 +2.4% Added
FMBIUSD FIRST MIDWEST BANCORP INC/IL
$32.9M
0.2%
1,733,198 +12,375 +0.7% Added
PRI PRIMERICA INC
$32.8M
0.2%
718,963 +2,650 +0.4% Added
BBCN BANCORP INC
$32.4M
0.2%
2,188,443 +16,400 +0.8% Added
9990302D APACHE CORP
$31.5M
0.2%
547,150 −82,158 −13.1% Reduced
NATIONAL PENN BANCSHARES INC
$30.8M
0.2%
2,733,386 +23,775 +0.9% Added
GTS TRIPLE-S MANAGEMENT CORP
$29.7M
0.2%
1,156,963 +1,156,963 New
ESSENDANT INC
$29.2M
0.2%
745,104 +745,104 New
T AT&T INC
$29.2M
0.2%
823,058 +823,058 New
TRS TRIMAS CORP
$28.4M
0.2%
958,435 +169,498 +21.5% Added
DIOD DIODES INC
$27.5M
0.2%
1,140,007 +9,525 +0.8% Added
CMCO COLUMBUS MCKINNON CORP/NY
$26.8M
0.2%
1,072,577 +6,449 +0.6% Added
MATW MATTHEWS INTL CORP-CLASS A
$26.8M
0.2%
503,945 +3,850 +0.8% Added
TCF FINANCIAL CORP
$26.4M
0.1%
1,591,518 −256,941 −13.9% Reduced
AGIIGBP ARGO GROUP INTERNATIONAL
$26.4M
0.1%
474,584 +3,999 +0.8% Added
SRI STONERIDGE INC
$26.4M
0.1%
2,256,190 +14,554 +0.6% Added
CON-WAY INC
$26.1M
0.1%
679,364 +4,750 +0.7% Added
ASPEN INSURANCE HOLDINGS LTD
$25.5M
0.1%
532,742 +122,480 +29.9% Added
UPBD UPBOUND GROUP INC
$25.2M
0.1%
889,444 +10,225 +1.2% Added
CUBUSD CUBIC CORP
$24.6M
0.1%
516,167 +206,935 +66.9% Added
PHH CORP
$24.2M
0.1%
929,448 +7,500 +0.8% Added
L-3 COMMUNICATIONS
$24.2M
0.1%
213,223 +50 +0.0% Added
LMEUR LEGG MASON INC
$23.7M
0.1%
459,054 +398 +0.1% Added
KSS KOHLS CORP
$21.7M
0.1%
346,875 −136,975 −28.3% Reduced
JBL JABIL INC
$19.5M
0.1%
918,233 +629 +0.1% Added
SYMETRA FINANCIAL CORP
$18.3M
0.1%
755,300 −111,835 −12.9% Reduced
SCHN1EUR SCHNITZER STEEL INDS INC-A
$18.2M
0.1%
1,044,251 −875 −0.1% Reduced
HOSPITALITY PROPERTIES TRUST
$16.9M
0.1%
587,397 +873 +0.1% Added
CHART INDUSTRIES INC
$16.5M
0.1%
461,954 +461,954 New
COP CONOCOPHILLIPS
$16.3M
0.1%
265,937 +67,027 +33.7% Added
TPC TUTOR PERINI CORP
$16.3M
0.1%
755,354 +8,200 +1.1% Added
INGRAM MICRO INC CL-A
$16.2M
0.1%
647,315 +205,265 +46.4% Added
ROWAN COMPANIES PLC - A
$15.4M
0.1%
730,525 Held
PG PROCTER & GAMBLE CO
$14.5M
0.1%
184,904 −2,700 −1.4% Reduced
MONSTER WORLDWIDE INC
$13.5M
0.1%
2,063,818 Held
RRX REGAL REXNORD CORP
$13.5M
0.1%
185,400 Held
WSFS WSFS FINANCIAL CORP
$13.4M
0.1%
490,826 +328,684 +202.7% Added
EPR EPR PROPERTIES
$13.1M
0.1%
239,975 Held
PCG P G & E CORP
$13.1M
0.1%
265,783 +265,783 New
EG EVEREST GROUP LTD
$13.0M
0.1%
71,600 −60 −0.1% Reduced
CDW CDW CORP/DE
$11.1M
0.1%
322,409 +322,409 New
GFF GRIFFON CORP
$11.0M
0.1%
692,110 −476,452 −40.8% Reduced
DRH DIAMONDROCK HOSPITALITY CO
$10.8M
0.1%
839,292 Held
EXC EXELON CORP
$10.5M
0.1%
333,668 Held
TSM TAIWAN SEMICONDUCTOR-SP ADR
$8.8M
0.0%
386,375 Held
WCGEUR WELLCARE HEALTH PLANS INC
$8.5M
0.0%
99,706 −327,260 −76.6% Reduced
ACE LTD
$7.7M
0.0%
76,171 +29,024 +61.6% Added
BPOP POPULAR INC
$7.1M
0.0%
246,480 +135,750 +122.6% Added
CTSH COGNIZANT TECH SOLUTIONS-A
$6.8M
0.0%
111,341 +26,216 +30.8% Added
ALL ALLSTATE CORP
$6.6M
0.0%
102,015 −87,625 −46.2% Reduced
IBN ICICI BANK LTD-SPON ADR
$6.2M
0.0%
592,750 Held
G GENPACT LTD
$6.0M
0.0%
280,200 +9,975 +3.7% Added
ARC DOCUMENT SOLUTIONS INC
$5.8M
0.0%
762,459 −47,199 −5.8% Reduced
INFY INFOSYS LTD-SP ADR
$3.9M
0.0%
243,756 +121,878 +100.0% Added
WIT WIPRO LTD-ADR
$3.0M
0.0%
254,675 Held
KEY ENERGY SERVICES INC
$2.5M
0.0%
1,414,936 +131,593 +10.3% Added
SHG SHINHAN FINANCIAL GROUP-ADR
$1.7M
0.0%
46,325 Held
UVV UNIVERSAL CORP/VA
$1.7M
0.0%
29,036 +29,036 New
STEEL EXCEL INC
$1.4M
0.0%
67,212 Held
IWN ISHARES RUSSELL 2000 VALUE E
$1.3M
0.0%
13,210 +13,210 New
PBR PETROLEO BRASILEIRO-SPON ADR
$689K
0.0%
76,100 Held
MWA MUELLER WATER PRODUCTS INC-A
$375K
0.0%
41,158 −1,736,663 −97.7% Reduced
USNZY USINAS SIDERURG MINAS-SP ADR
$51K
0.0%
37,407 Held

Sold positions

9 closed in Q2 2015 · shares & value as of prior filing
Holding Shares sold Prior value
TRW AUTOMOTIVE HOLDINGS CORP
2,469,544 $258.9M
PARTNERRE LTD
360,861 $41.3M
UNITED STATIONERS INC
806,874 $33.1M
AELUSD AMERICAN EQUITY INVT LIFE HL
639,809 $18.6M
ASHLAND INC
119,075 $15.2M
MLKN MILLERKNOLL INC
391,110 $10.9M
INTERNATIONAL GAME TECHNOLOGY
508,254 $8.8M
OGZD GAZPROM PJSC-SPON ADR
937,500 $4.4M
ADVANCED SEMICONDUCTOR E-ADR
553,800 $4.0M

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.