whalepapers
Overview/ Pzena Investment Management LLC/ Q3 2013

Pzena Investment Management LLC

Richard Pzena · As of Q3 2013 · filed Nov 8, 2013

Q3 2013

Holdings

130 positions · Δ vs prior quarter
HEWLETT-PACKARD CO
$650.0M
4.2%
30,983,162 −1,939,025 −5.9% Reduced
ORCL ORACLE CORP
$571.8M
3.7%
17,238,143 +3,129,122 +22.2% Added
BAKER HUGHES INC
$520.8M
3.4%
10,606,614 +1,180,936 +12.5% Added
AIG AMERICAN INTERNATIONAL GROUP
$510.2M
3.3%
10,491,924 −71,051 −0.7% Reduced
MSFT MICROSOFT CORP
$484.7M
3.1%
14,552,334 +2,127,037 +17.1% Added
STAPLES INC
$475.1M
3.1%
32,431,464 −2,537,825 −7.3% Reduced
OMC OMNICOM GROUP
$466.6M
3.0%
7,355,064 −307,055 −4.0% Reduced
BP BP PLC-SPONS ADR
$465.6M
3.0%
11,078,125 +990,674 +9.8% Added
RDS/A SHELL PLC-SPON ADR-A
$457.5M
3.0%
6,965,119 +851,338 +13.9% Added
C CITIGROUP INC
$391.7M
2.5%
8,073,711 −349,222 −4.1% Reduced
BAC BANK OF AMERICA CORP
$347.8M
2.2%
25,204,706 +297,761 +1.2% Added
MS MORGAN STANLEY
$343.1M
2.2%
12,730,045 −541,295 −4.1% Reduced
PH PARKER HANNIFIN CORP
$340.5M
2.2%
3,131,648 +736,014 +30.7% Added
MET METLIFE INC
$320.8M
2.1%
6,832,193 −618,240 −8.3% Reduced
GOOGLE INC.
$316.5M
2.0%
361,283 +4,432 +1.2% Added
JPM JPMORGAN CHASE & CO
$313.8M
2.0%
6,071,408 +153,674 +2.6% Added
TEL1USD TE CONNECTIVITY LTD
$308.7M
2.0%
5,961,910 −3,029,713 −33.7% Reduced
EXMOC EXXON MOBIL CORP
$294.2M
1.9%
3,419,336 +502,340 +17.2% Added
GS GOLDMAN SACHS GROUP INC
$286.3M
1.8%
1,809,681 +5,806 +0.3% Added
UBS AG
$276.5M
1.8%
13,474,131 −1,443,040 −9.7% Reduced
BDX BECTON DICKINSON AND CO
$269.4M
1.7%
2,693,392 −79,717 −2.9% Reduced
PNC PNC FINANCIAL SERVICES GROUP
$258.3M
1.7%
3,565,214 −2,814 −0.1% Reduced
L-3 COMMUNICATIONS
$253.0M
1.6%
2,677,339 −448,140 −14.3% Reduced
CIGNA CORP
$252.0M
1.6%
3,278,145 +2,534,757 +341.0% Added
AXS AXIS CAPITAL HOLDINGS LTD
$245.5M
1.6%
5,668,100 −61,702 −1.1% Reduced
IVZ INVESCO LTD
$239.8M
1.5%
7,517,159 −94,943 −1.2% Reduced
ETR ENTERGY CORP
$233.7M
1.5%
3,698,145 −328,908 −8.2% Reduced
LABORATORY CORPORATION OF AMERICA HOLDINGS
$229.0M
1.5%
2,309,603 +41,074 +1.8% Added
STT STATE STREET CORP
$218.2M
1.4%
3,318,282 −948,397 −22.2% Reduced
MAS MASCO CORP
$215.3M
1.4%
10,118,379 −232,500 −2.2% Reduced
ABT ABBOTT LABORATORIES
$214.1M
1.4%
6,449,283 +2,127,242 +49.2% Added
TRW AUTOMOTIVE HOLDINGS CORP
$212.9M
1.4%
2,985,869 +2,985,869 New
WILLIS GROUP HOLDINGS LTD
$206.2M
1.3%
4,758,913 −122,460 −2.5% Reduced
AVT AVNET INC
$199.6M
1.3%
4,786,186 +819,136 +20.6% Added
ING US INC
$196.8M
1.3%
6,735,793 −150,434 −2.2% Reduced
IPG INTERPUBLIC GROUP OF COS INC
$195.1M
1.3%
11,355,616 +435,832 +4.0% Added
DELPHI AUTOMOTIVE PLC
$173.6M
1.1%
2,971,364 −4,289,988 −59.1% Reduced
DELL INC
$171.6M
1.1%
12,458,816 −1,308,307 −9.5% Reduced
BEN FRANKLIN TEMPLETON INC
$170.5M
1.1%
3,372,322 +2,254,504 +201.7% Added
WFC WELLS FARGO & CO
$161.4M
1.0%
3,907,126 +842,050 +27.5% Added
PARTNERRE LTD
$142.3M
0.9%
1,554,912 +196,027 +14.4% Added
NOC NORTHROP GRUMMAN CORP
$84.8M
0.5%
890,221 −2,973,384 −77.0% Reduced
ALL ALLSTATE CORP
$81.2M
0.5%
1,607,196 −1,108,144 −40.8% Reduced
9990302D APACHE CORP
$78.4M
0.5%
920,495 +94,725 +11.5% Added
KEY KEYCORP
$77.9M
0.5%
6,832,375 −41,975 −0.6% Reduced
CMA COMERICA INC
$76.6M
0.5%
1,947,376 +5,650 +0.3% Added
CSCO CISCO SYSTEMS INC
$75.5M
0.5%
3,221,900 +239,950 +8.0% Added
NWS NEWS CORP - CLASS B
$75.1M
0.5%
4,568,753 +4,568,753 New
JNJ JOHNSON & JOHNSON
$73.5M
0.5%
847,758 +837,357 +8050.7% Added
GM GENERAL MOTORS CO
$70.5M
0.5%
1,960,975 −305,150 −13.5% Reduced
AIZ ASSURANT INC
$66.9M
0.4%
1,236,297 −42,975 −3.4% Reduced
LMEUR LEGG MASON INC
$60.2M
0.4%
1,801,370 +1,138,860 +171.9% Added
SUPERIOR ENERGY SERVICES INC
$57.8M
0.4%
2,310,224 +2,310,224 New
URS CORP
$57.0M
0.4%
1,061,289 +27,724 +2.7% Added
INGRAM MICRO INC CL-A
$52.3M
0.3%
2,267,219 −796,710 −26.0% Reduced
RF REGIONS FINANCIAL CORP
$51.8M
0.3%
5,590,618 −12,625 −0.2% Reduced
WMT WALMART INC
$50.7M
0.3%
685,318 +677,125 +8264.7% Added
GD GENERAL DYNAMICS CORP
$49.9M
0.3%
570,125 +2,925 +0.5% Added
HOSPITALITY PROPERTIES TRUST
$49.1M
0.3%
1,736,364 −11,367 −0.7% Reduced
OC OWENS CORNING
$48.6M
0.3%
1,278,421 +60,486 +5.0% Added
AETNA INC
$48.3M
0.3%
754,946 −1,282,320 −62.9% Reduced
CON-WAY INC
$47.3M
0.3%
1,098,526 −159,502 −12.7% Reduced
INTC INTEL CORP
$45.9M
0.3%
2,004,454 +2,004,454 New
HIG HARTFORD INSURANCE GROUP INC
$44.7M
0.3%
1,437,110 +580,968 +67.9% Added
FITB FIFTH THIRD BANCORP
$42.9M
0.3%
2,377,550 +16,200 +0.7% Added
VALASSIS COMMUNICATIONS INC
$42.8M
0.3%
1,480,861 −190,225 −11.4% Reduced
BRC BRADY CORPORATION - CL A
$42.7M
0.3%
1,401,050 −46,040 −3.2% Reduced
KSS KOHLS CORP
$42.5M
0.3%
820,888 +6,663 +0.8% Added
DGX QUEST DIAGNOSTICS INC
$41.4M
0.3%
670,650 +5,275 +0.8% Added
WCGEUR WELLCARE HEALTH PLANS INC
$41.2M
0.3%
590,445 −194,655 −24.8% Reduced
AXE3EUR ANIXTER INTERNATIONAL INC
$41.1M
0.3%
468,994 −148,897 −24.1% Reduced
DAN DANA INC
$39.9M
0.3%
1,747,557 −748,952 −30.0% Reduced
TAP MOLSON COORS BEVERAGE CO - B
$39.9M
0.3%
795,525 −1,143,050 −59.0% Reduced
DOORUSD MASONITE INTERNATIONAL CORP
$37.2M
0.2%
759,360 +759,360 New
AGIIGBP ARGO GROUP INTERNATIONAL
$36.3M
0.2%
845,573 −87,425 −9.4% Reduced
UPBD UPBOUND GROUP INC
$36.1M
0.2%
947,078 +92,324 +10.8% Added
ASPEN INSURANCE HOLDINGS LTD
$35.1M
0.2%
966,874 +120,041 +14.2% Added
AELUSD AMERICAN EQUITY INVT LIFE HL
$33.4M
0.2%
1,573,857 −386,390 −19.7% Reduced
ATUEUR ACTUANT CORP-A
$33.4M
0.2%
859,336 −281,653 −24.7% Reduced
PRI PRIMERICA INC
$32.6M
0.2%
808,044 −119,257 −12.9% Reduced
BANCORPSOUTH INC
$32.5M
0.2%
1,629,393 −191,562 −10.5% Reduced
DIOD DIODES INC
$30.4M
0.2%
1,239,191 −267,304 −17.7% Reduced
VCA ANTECH INC
$29.1M
0.2%
1,061,169 −128,871 −10.8% Reduced
BBCN BANCORP INC
$28.6M
0.2%
2,077,851 −319,987 −13.3% Reduced
HARTE-HANKS INC.
$28.6M
0.2%
3,233,748 −702,254 −17.8% Reduced
TCF FINANCIAL CORP
$28.3M
0.2%
1,984,540 −212,725 −9.7% Reduced
JONES GROUP INC
$27.6M
0.2%
1,840,933 −689,749 −27.3% Reduced
TMUS T-MOBILE US INC
$27.5M
0.2%
1,058,200 +24,950 +2.4% Added
TPC TUTOR PERINI CORP
$26.6M
0.2%
1,249,744 −118,706 −8.7% Reduced
CHE CHEMED CORP
$25.8M
0.2%
360,943 +360,943 New
PHH CORP
$25.8M
0.2%
1,085,413 −135,400 −11.1% Reduced
WED WEBSTER FINANCIAL CORP
$25.7M
0.2%
1,006,739 −149,875 −13.0% Reduced
NATIONAL PENN BANCSHARES INC
$24.6M
0.2%
2,445,173 −259,150 −9.6% Reduced
GFF GRIFFON CORP
$24.4M
0.2%
1,947,137 −199,950 −9.3% Reduced
ENGILITY HOLDINGS INC
$24.3M
0.2%
767,056 −215,204 −21.9% Reduced
NSIT INSIGHT ENTERPRISES INC
$24.3M
0.2%
1,286,037 −284,211 −18.1% Reduced
DRH DIAMONDROCK HOSPITALITY CO
$22.7M
0.1%
2,129,994 −204,448 −8.8% Reduced
APOLLO GROUP INC - CL A
$22.7M
0.1%
1,089,335 +7,150 +0.7% Added
MATW MATTHEWS INTL CORP-CLASS A
$22.3M
0.1%
586,065 −59,601 −9.2% Reduced
LLY ELI LILLY & CO
$21.8M
0.1%
433,250 +433,250 New
MLKN MILLERKNOLL INC
$21.3M
0.1%
729,595 −141,202 −16.2% Reduced
UNITED STATIONERS INC
$21.2M
0.1%
487,107 −101,131 −17.2% Reduced
HA7 ENVIRI CORP
$20.6M
0.1%
826,799 −69,875 −7.8% Reduced
AEROPOSTALE INC.
$20.0M
0.1%
2,125,083 −57,875 −2.7% Reduced
MWA MUELLER WATER PRODUCTS INC-A
$18.4M
0.1%
2,307,442 −981,004 −29.8% Reduced
PROTECTIVE LIFE CORP
$18.4M
0.1%
431,414 −51,850 −10.7% Reduced
SYNOVUS FINANCIAL CORP
$17.1M
0.1%
5,172,816 −1,872,675 −26.6% Reduced
TTEK TETRA TECH INC
$15.3M
0.1%
590,664 +590,664 New
MONSTER WORLDWIDE INC
$15.2M
0.1%
3,433,146 −327,142 −8.7% Reduced
PJCEUR PIPER SANDLER COS
$14.9M
0.1%
434,400 +434,400 New
RNR RENAISSANCERE HOLDINGS LTD
$14.5M
0.1%
159,911 +37,900 +31.1% Added
FMBIUSD FIRST MIDWEST BANCORP INC/IL
$13.7M
0.1%
904,521 +776,021 +603.9% Added
WSFS WSFS FINANCIAL CORP
$12.1M
0.1%
201,595 −148,716 −42.5% Reduced
ACM AECOM
$11.4M
0.1%
365,075 +117,550 +47.5% Added
ARC DOCUMENT SOLUTIONS INC
$11.3M
0.1%
2,459,388 −143,477 −5.5% Reduced
SCHN1EUR SCHNITZER STEEL INDS INC-A
$10.8M
0.1%
393,751 +393,751 New
CW CURTISS-WRIGHT CORP
$10.5M
0.1%
223,731 −791,918 −78.0% Reduced
TMK TORCHMARK CORP
$7.7M
0.0%
105,824 −355,250 −77.0% Reduced
HII HUNTINGTON INGALLS INDUSTRIE
$6.5M
0.0%
95,855 −131,305 −57.8% Reduced
PG PROCTER & GAMBLE CO
$6.3M
0.0%
83,361 +72,800 +689.3% Added
FLEX FLEX LTD
$5.8M
0.0%
640,441 +640,441 New
VALIDUS HOLDINGS LTD
$5.3M
0.0%
144,491 −9,546 −6.2% Reduced
SKAA SKECHERS USA INC-CL A
$2.7M
0.0%
86,081 −782,128 −90.1% Reduced
STEEL EXCEL INC
$2.4M
0.0%
81,567 −3,872 −4.5% Reduced
TSM TAIWAN SEMICONDUCTOR-SP ADR
$2.2M
0.0%
131,379 +131,379 New
BPOP POPULAR INC
$2.2M
0.0%
83,778 Held
ADVANCED SEMICONDUCTOR E-ADR
$1.5M
0.0%
318,586 +231,386 +265.4% Added
E ENI SPA-SPONSORED ADR
$1.1M
0.0%
24,675 +7,675 +45.1% Added
FOREST LABORATORIES INC
$559K
0.0%
13,075 −912,025 −98.6% Reduced
HAL HALLIBURTON CO
$243K
0.0%
5,050 +5,050 New

Sold positions

5 closed in Q3 2013 · shares & value as of prior filing
Holding Shares sold Prior value
HOSPIRA INC
1,059,750 $40.6M
JAKKEUR JAKKS PACIFIC INC
1,371,624 $15.4M
CIR2USD CIRCOR INTERNATIONAL INC
226,862 $11.5M
FBIN FORTUNE BRANDS INNOVATIONS I
66,875 $2.6M
DEVRY INC.
71,375 $2.2M

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.