whalepapers
Overview/ Pzena Investment Management LLC/ Q2 2016

Pzena Investment Management LLC

Richard Pzena · As of Q2 2016 · filed Aug 5, 2016

Q2 2016

Holdings

144 positions · Δ vs prior quarter
RDS/A SHELL PLC-SPON ADR-A
$493.8M
3.1%
8,941,688 −1,077,887 −10.8% Reduced
EXMOC EXXON MOBIL CORP
$447.4M
2.8%
4,772,418 −208,163 −4.2% Reduced
DOV DOVER CORP
$429.4M
2.7%
6,194,201 +59,245 +1.0% Added
PH PARKER HANNIFIN CORP
$414.4M
2.6%
3,835,028 −92,433 −2.4% Reduced
C CITIGROUP INC
$408.9M
2.6%
9,647,065 −216,305 −2.2% Reduced
BAC BANK OF AMERICA CORP
$397.4M
2.5%
29,946,738 −330,048 −1.1% Reduced
ORCL ORACLE CORP
$392.4M
2.5%
9,587,982 −824,061 −7.9% Reduced
WMT WALMART INC
$392.0M
2.5%
5,368,914 −345,850 −6.1% Reduced
HPE HEWLETT PACKARD ENTERPRISE
$379.4M
2.4%
20,764,556 −72,969 −0.4% Reduced
STXN SEAGATE TECHNOLOGY HOLDINGS
$377.6M
2.4%
15,500,305 +5,696,037 +58.1% Added
OMC OMNICOM GROUP
$376.9M
2.4%
4,624,761 −35,402 −0.8% Reduced
VOYA VOYA FINANCIAL INC
$375.7M
2.4%
15,175,429 +3,612,038 +31.2% Added
BEN FRANKLIN TEMPLETON INC
$356.1M
2.2%
10,670,335 +72,666 +0.7% Added
AIG AMERICAN INTERNATIONAL GROUP
$343.6M
2.1%
6,495,886 −111,534 −1.7% Reduced
MS MORGAN STANLEY
$335.0M
2.1%
12,892,657 +243,574 +1.9% Added
JPM JPMORGAN CHASE & CO
$333.3M
2.1%
5,363,320 −14,742 −0.3% Reduced
BP BP PLC-SPONS ADR
$315.3M
2.0%
8,878,224 −109,022 −1.2% Reduced
INTC INTEL CORP
$305.8M
1.9%
9,324,290 −81,355 −0.9% Reduced
NWSA NEWS CORP - CLASS A
$305.4M
1.9%
26,908,102 −2,402,167 −8.2% Reduced
AXS AXIS CAPITAL HOLDINGS LTD
$292.3M
1.8%
5,315,007 +11,471 +0.2% Added
STAPLES INC
$292.3M
1.8%
33,904,301 −457,222 −1.3% Reduced
MUR MURPHY OIL CORP
$291.7M
1.8%
9,186,692 −1,625,662 −15.0% Reduced
GS GOLDMAN SACHS GROUP INC
$275.5M
1.7%
1,854,044 +10,251 +0.6% Added
IPG INTERPUBLIC GROUP OF COS INC
$262.7M
1.6%
11,372,595 −848,517 −6.9% Reduced
HPQ HP INC
$262.5M
1.6%
20,913,999 −274,102 −1.3% Reduced
RF REGIONS FINANCIAL CORP
$258.7M
1.6%
30,403,525 −548,244 −1.8% Reduced
SWK STANLEY BLACK & DECKER INC
$257.9M
1.6%
2,319,041 −69,203 −2.9% Reduced
MET METLIFE INC
$244.6M
1.5%
6,140,192 −92,118 −1.5% Reduced
F FORD MOTOR CO
$232.0M
1.5%
18,453,743 +20,239 +0.1% Added
ABT ABBOTT LABORATORIES
$209.4M
1.3%
5,327,448 +685,278 +14.8% Added
CVE CENOVUS ENERGY INC
$200.8M
1.3%
14,530,992 +1,140,567 +8.5% Added
STT STATE STREET CORP
$179.6M
1.1%
3,330,276 +50,980 +1.6% Added
AVT AVNET INC
$175.6M
1.1%
4,335,912 +35,119 +0.8% Added
MSFT MICROSOFT CORP
$175.2M
1.1%
3,423,007 −681,563 −16.6% Reduced
PNC PNC FINANCIAL SERVICES GROUP
$174.3M
1.1%
2,141,005 −62,006 −2.8% Reduced
XL GROUP PLC
$171.9M
1.1%
5,161,867 +38,963 +0.8% Added
HAL HALLIBURTON CO
$164.7M
1.0%
3,636,273 +101,688 +2.9% Added
UBS UBS GROUP AG-REG
$160.5M
1.0%
12,387,311 +245,607 +2.0% Added
WTW WILLIS TOWERS WATSON PLC
$150.6M
0.9%
1,211,101 −39,910 −3.2% Reduced
TEX TEREX CORP
$145.5M
0.9%
7,164,504 +2,359,735 +49.1% Added
BAX BAXTER INTERNATIONAL INC
$140.9M
0.9%
3,115,865 −968,541 −23.7% Reduced
JNJ JOHNSON & JOHNSON
$133.8M
0.8%
1,103,032 −82,297 −6.9% Reduced
EIX EDISON INTERNATIONAL
$125.5M
0.8%
1,616,335 +29,448 +1.9% Added
LAMR LAMAR ADVERTISING CO-A
$125.0M
0.8%
1,885,825 −368,363 −16.3% Reduced
ON ON SEMICONDUCTOR
$116.2M
0.7%
13,177,864 +147,821 +1.1% Added
ACM AECOM
$111.1M
0.7%
3,497,198 +239,904 +7.4% Added
CMA COMERICA INC
$101.0M
0.6%
2,455,354 +210,842 +9.4% Added
CIGNA CORP
$98.7M
0.6%
771,405 +9,710 +1.3% Added
ALL ALLSTATE CORP
$90.1M
0.6%
1,288,423 +31,083 +2.5% Added
COP CONOCOPHILLIPS
$87.9M
0.5%
2,015,064 +74,110 +3.8% Added
MRK MERCK & CO. INC.
$81.5M
0.5%
1,415,390 +494,025 +53.6% Added
KEL KELLANOVA
$79.5M
0.5%
973,180 −140,803 −12.6% Reduced
KEY KEYCORP
$79.4M
0.5%
7,181,553 +116,000 +1.6% Added
SUPERIOR ENERGY SERVICES INC
$78.5M
0.5%
4,264,415 −852,052 −16.7% Reduced
PFE PFIZER INC
$77.0M
0.5%
2,186,404 −700 −0.0% Reduced
FLEX FLEX LTD
$75.2M
0.5%
6,372,403 +387 +0.0% Added
CSCO CISCO SYSTEMS INC
$74.7M
0.5%
2,602,784 −154,648 −5.6% Reduced
IVZ INVESCO LTD
$73.8M
0.5%
2,891,452 +817,239 +39.4% Added
GLW CORNING INC
$73.1M
0.5%
3,568,545 −1,020,125 −22.2% Reduced
WED WEBSTER FINANCIAL CORP
$65.7M
0.4%
1,934,946 +192,849 +11.1% Added
VIV1USD TELEFONICA BRASIL-ADR PREF
$65.6M
0.4%
4,824,877 −97,400 −2.0% Reduced
FITB FIFTH THIRD BANCORP
$65.5M
0.4%
3,722,350 +3,750 +0.1% Added
ETR ENTERGY CORP
$65.1M
0.4%
799,844 +2,925 +0.4% Added
KBR KBR INC
$64.7M
0.4%
4,888,123 +245,800 +5.3% Added
ATUEUR ACTUANT CORP-A
$62.6M
0.4%
2,769,506 −127,365 −4.4% Reduced
BAKER HUGHES INC
$62.5M
0.4%
1,384,985 −60,938 −4.2% Reduced
G GENPACT LTD
$59.7M
0.4%
2,223,016 −9,704 −0.4% Reduced
DAN DANA INC
$56.0M
0.4%
5,299,270 −3,883 −0.1% Reduced
ENDURANCE SPECIALTY HOLDINGS
$54.0M
0.3%
803,625 −3,991 −0.5% Reduced
TMK TORCHMARK CORP
$52.5M
0.3%
849,491 −96,915 −10.2% Reduced
9990302D APACHE CORP
$51.9M
0.3%
932,140 −886,499 −48.7% Reduced
CVS CVS HEALTH CORP
$50.7M
0.3%
529,884 +1,225 +0.2% Added
TEL1USD TE CONNECTIVITY LTD
$50.2M
0.3%
878,715 +3,156 +0.4% Added
WFC WELLS FARGO & CO
$48.2M
0.3%
1,019,329 −573,541 −36.0% Reduced
QCOM QUALCOMM INC
$47.6M
0.3%
888,541 +1,350 +0.2% Added
SYU1 SYNOVUS FINANCIAL CORP
$44.4M
0.3%
1,531,317 −1,584 −0.1% Reduced
CFG CITIZENS FINANCIAL GROUP
$41.9M
0.3%
2,095,671 +4,625 +0.2% Added
DOORUSD MASONITE INTERNATIONAL CORP
$41.6M
0.3%
629,640 −82,882 −11.6% Reduced
CHART INDUSTRIES INC
$40.4M
0.3%
1,675,388 −22,723 −1.3% Reduced
ASB ASSOCIATED BANC-CORP
$39.7M
0.2%
2,314,511 +134,441 +6.2% Added
AELUSD AMERICAN EQUITY INVT LIFE HL
$38.1M
0.2%
2,675,697 +2,085,556 +353.4% Added
GTS TRIPLE-S MANAGEMENT CORP
$38.1M
0.2%
1,559,649 +142,017 +10.0% Added
ESSENDANT INC
$35.9M
0.2%
1,173,329 +86,344 +7.9% Added
T AT&T INC
$35.7M
0.2%
826,158 +3,100 +0.4% Added
ROCK GIBRALTAR INDUSTRIES INC
$35.5M
0.2%
1,125,789 −282,991 −20.1% Reduced
VALIDUS HOLDINGS LTD
$35.5M
0.2%
730,472 +30,292 +4.3% Added
SCSC SCANSOURCE INC
$34.3M
0.2%
925,541 +487,722 +111.4% Added
NSIT INSIGHT ENTERPRISES INC
$34.3M
0.2%
1,317,814 +93,541 +7.6% Added
CUBUSD CUBIC CORP
$34.2M
0.2%
850,674 +49,009 +6.1% Added
BBCN BANCORP INC
$33.7M
0.2%
2,260,405 +212,144 +10.4% Added
AXE3EUR ANIXTER INTERNATIONAL INC
$33.0M
0.2%
618,924 +277,240 +81.1% Added
CTSH COGNIZANT TECH SOLUTIONS-A
$31.6M
0.2%
552,498 +133,886 +32.0% Added
L-3 COMMUNICATIONS
$31.4M
0.2%
214,175 +675 +0.3% Added
DIOD DIODES INC
$30.7M
0.2%
1,633,795 −10,476 −0.6% Reduced
TTEK TETRA TECH INC
$29.9M
0.2%
972,107 −120,628 −11.0% Reduced
UVV UNIVERSAL CORP/VA
$28.9M
0.2%
500,604 −2,722 −0.5% Reduced
FMBIUSD FIRST MIDWEST BANCORP INC/IL
$28.7M
0.2%
1,636,052 −7,844 −0.5% Reduced
ASPEN INSURANCE HOLDINGS LTD
$28.2M
0.2%
606,995 −953 −0.2% Reduced
SRI STONERIDGE INC
$28.0M
0.2%
1,872,997 −265,974 −12.4% Reduced
AGIIGBP ARGO GROUP INTERNATIONAL
$26.6M
0.2%
512,641 +46,078 +9.9% Added
NWS NEWS CORP - CLASS B
$26.3M
0.2%
2,253,975 −2,356,243 −51.1% Reduced
MAS MASCO CORP
$26.2M
0.2%
846,154 −517 −0.1% Reduced
FMC TECHNOLOGIES INC
$25.4M
0.2%
953,866 +316,117 +49.6% Added
EPR EPR PROPERTIES
$23.3M
0.1%
288,275 Held
EXC EXELON CORP
$22.2M
0.1%
610,976 −79 −0.0% Reduced
UPBD UPBOUND GROUP INC
$21.8M
0.1%
1,777,408 −5,848 −0.3% Reduced
CMCO COLUMBUS MCKINNON CORP/NY
$21.6M
0.1%
1,523,044 −7,851 −0.5% Reduced
GENERAL CABLE CORP DEL NE
$21.3M
0.1%
1,674,245 −798 −0.0% Reduced
PCG P G & E CORP
$20.0M
0.1%
312,569 +8 +0.0% Added
TCF FINANCIAL CORP
$19.5M
0.1%
1,542,538 +1,951 +0.1% Added
AETNA INC
$18.9M
0.1%
155,102 −91 −0.1% Reduced
LMEUR LEGG MASON INC
$18.9M
0.1%
639,775 −66,825 −9.5% Reduced
ARW ARROW ELECTRONICS INC
$18.9M
0.1%
304,670 Held
WSFS WSFS FINANCIAL CORP
$18.6M
0.1%
578,654 −8,684 −1.5% Reduced
TRS TRIMAS CORP
$17.9M
0.1%
996,886 +454,318 +83.7% Added
SCHN1EUR SCHNITZER STEEL INDS INC-A
$17.9M
0.1%
1,016,166 −5,565 −0.5% Reduced
CB CHUBB LTD
$17.8M
0.1%
135,979 −5,834 −4.1% Reduced
GNW GENWORTH FINANCIAL INC
$17.7M
0.1%
6,851,300 −21,993 −0.3% Reduced
ROWAN COMPANIES PLC - A
$17.6M
0.1%
996,725 Held
BBTUSD BB&T CORP
$17.1M
0.1%
481,014 +481,014 New
HOSPITALITY PROPERTIES TRUST
$16.9M
0.1%
587,962 Held
ACH ACCENDRA HEALTH INC
$16.8M
0.1%
449,443 +29 +0.0% Added
EG EVEREST GROUP LTD
$16.7M
0.1%
91,689 +53 +0.1% Added
PGR PROGRESSIVE CORP
$16.6M
0.1%
496,260 Held
ARC DOCUMENT SOLUTIONS INC
$15.2M
0.1%
3,916,110 +10,784 +0.3% Added
TSM TAIWAN SEMICONDUCTOR-SP ADR
$14.4M
0.1%
549,878 +80,600 +17.2% Added
HIG HARTFORD INSURANCE GROUP INC
$14.0M
0.1%
314,390 Held
KSS KOHLS CORP
$13.4M
0.1%
352,924 +3,150 +0.9% Added
JBL JABIL INC
$13.2M
0.1%
713,963 −1,034 −0.1% Reduced
PG PROCTER & GAMBLE CO
$11.4M
0.1%
135,169 +1,895 +1.4% Added
OC OWENS CORNING
$10.5M
0.1%
203,330 −211,345 −51.0% Reduced
KKR & CO LP
$8.6M
0.1%
695,268 Held
DRH DIAMONDROCK HOSPITALITY CO
$7.4M
0.0%
816,616 +881 +0.1% Added
PRI PRIMERICA INC
$7.2M
0.0%
125,265 −103,225 −45.2% Reduced
AIZ ASSURANT INC
$6.9M
0.0%
80,260 −248 −0.3% Reduced
CDW CDW CORP/DE
$5.9M
0.0%
146,082 Held
APOLLO GLOBAL MANAGEMENT-A
$5.8M
0.0%
381,650 +156,300 +69.4% Added
BPOP POPULAR INC
$5.5M
0.0%
188,830 Held
INFY INFOSYS LTD-SP ADR
$2.0M
0.0%
114,700 Held
KEY ENERGY SERVICES INC
$1.4M
0.0%
5,842,346 +16,718 +0.3% Added
SHG SHINHAN FINANCIAL GROUP-ADR
$1.1M
0.0%
33,600 +1,375 +4.3% Added
PKX POSCO HOLDINGS INC -SPON ADR
$841K
0.0%
18,900 +1,600 +9.2% Added
PBR PETROLEO BRASILEIRO-SPON ADR
$545K
0.0%
76,100 Held
NLYEUR ANNALY CAPITAL MANAGEMENT IN
$137K
0.0%
12,402 Held

Sold positions

9 closed in Q2 2016 · shares & value as of prior filing
Holding Shares sold Prior value
BAXALTA INC
1,277,007 $51.6M
NATIONAL PENN BANCSHARES INC
2,540,359 $27.0M
MRO* MARATHON OIL CORP
2,261,047 $25.2M
TECD1USD TECH DATA CORP
238,205 $18.3M
PHH CORP
928,249 $11.6M
MATW MATTHEWS INTL CORP-CLASS A
128,197 $6.6M
IBN ICICI BANK LTD-SPON ADR
277,050 $2.0M
MONSTER WORLDWIDE INC
384,426 $1.3M
TPC TUTOR PERINI CORP
60,200 $936K

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.