whalepapers
Overview/ Pzena Investment Management LLC/ Q3 2015

Pzena Investment Management LLC

Richard Pzena · As of Q3 2015 · filed Nov 6, 2015

Q3 2015

Holdings

148 positions · Δ vs prior quarter
HEWLETT-PACKARD CO
$490.3M
3.1%
19,143,841 +1,158,848 +6.4% Added
BAC BANK OF AMERICA CORP
$465.4M
3.0%
29,871,875 −547,306 −1.8% Reduced
AIG AMERICAN INTERNATIONAL GROUP
$465.2M
3.0%
8,187,787 −322,130 −3.8% Reduced
C CITIGROUP INC
$461.9M
2.9%
9,310,992 −251,234 −2.6% Reduced
EXMOC EXXON MOBIL CORP
$454.3M
2.9%
6,109,850 +1,914,698 +45.6% Added
MSFT MICROSOFT CORP
$449.7M
2.9%
10,161,006 −462,166 −4.4% Reduced
RDS/A SHELL PLC-SPON ADR-A
$439.2M
2.8%
9,267,589 +1,780,582 +23.8% Added
WMT WALMART INC
$410.0M
2.6%
6,323,926 +1,143,132 +22.1% Added
ORCL ORACLE CORP
$400.6M
2.6%
11,089,893 −308,491 −2.7% Reduced
OMC OMNICOM GROUP
$391.0M
2.5%
5,933,010 +38,149 +0.6% Added
NWSA NEWS CORP - CLASS A
$378.5M
2.4%
29,988,382 −454,140 −1.5% Reduced
PH PARKER HANNIFIN CORP
$342.0M
2.2%
3,515,269 −35,019 −1.0% Reduced
INTC INTEL CORP
$339.5M
2.2%
11,264,851 +20,148 +0.2% Added
JPM JPMORGAN CHASE & CO
$331.9M
2.1%
5,442,892 −37,091 −0.7% Reduced
AXS AXIS CAPITAL HOLDINGS LTD
$315.4M
2.0%
5,872,056 −713,303 −10.8% Reduced
MS MORGAN STANLEY
$304.9M
1.9%
9,678,165 −187,202 −1.9% Reduced
SWK STANLEY BLACK & DECKER INC
$302.0M
1.9%
3,113,709 −110,990 −3.4% Reduced
STAPLES INC
$299.1M
1.9%
25,499,485 +3,311,193 +14.9% Added
BP BP PLC-SPONS ADR
$297.5M
1.9%
9,735,771 −1,633,740 −14.4% Reduced
BEN FRANKLIN TEMPLETON INC
$288.0M
1.8%
7,728,411 +2,422,352 +45.7% Added
VOYA VOYA FINANCIAL INC
$286.6M
1.8%
7,391,943 −281,899 −3.7% Reduced
MET METLIFE INC
$281.7M
1.8%
5,974,707 −20,843 −0.3% Reduced
GS GOLDMAN SACHS GROUP INC
$267.0M
1.7%
1,536,725 −8,292 −0.5% Reduced
IPG INTERPUBLIC GROUP OF COS INC
$261.8M
1.7%
13,685,979 −215,272 −1.5% Reduced
CIGNA CORP
$254.2M
1.6%
1,882,912 −822,374 −30.4% Reduced
PNC PNC FINANCIAL SERVICES GROUP
$253.6M
1.6%
2,843,098 −141,758 −4.7% Reduced
F FORD MOTOR CO
$248.8M
1.6%
18,338,281 +618,422 +3.5% Added
AVT AVNET INC
$241.7M
1.5%
5,662,927 −372,515 −6.2% Reduced
UBS UBS GROUP AG-REG
$234.0M
1.5%
12,635,636 −125,299 −1.0% Reduced
WILLIS GROUP HOLDINGS LTD
$228.6M
1.5%
5,578,508 +1,477,160 +36.0% Added
XL GROUP PLC
$220.0M
1.4%
6,055,984 −46,608 −0.8% Reduced
STT STATE STREET CORP
$218.8M
1.4%
3,254,783 −15,808 −0.5% Reduced
ABT ABBOTT LABORATORIES
$208.7M
1.3%
5,188,346 −1,151,769 −18.2% Reduced
RF REGIONS FINANCIAL CORP
$205.2M
1.3%
22,772,622 +5,708,705 +33.5% Added
BAX BAXTER INTERNATIONAL INC
$159.8M
1.0%
4,863,446 −167,186 −3.3% Reduced
BAKER HUGHES INC
$140.9M
0.9%
2,707,702 −1,524,965 −36.0% Reduced
LAMR LAMAR ADVERTISING CO-A
$132.8M
0.8%
2,545,715 −106,421 −4.0% Reduced
DOV DOVER CORP
$129.1M
0.8%
2,258,272 +1,424,003 +170.7% Added
BAXALTA INC
$129.0M
0.8%
4,094,765 +4,094,765 New
MUR MURPHY OIL CORP
$114.7M
0.7%
4,738,285 +63,370 +1.4% Added
JNJ JOHNSON & JOHNSON
$109.6M
0.7%
1,174,169 Held
WFC WELLS FARGO & CO
$105.2M
0.7%
2,047,963 −174,350 −7.8% Reduced
ON ON SEMICONDUCTOR
$103.3M
0.7%
10,988,475 +750,773 +7.3% Added
EIX EDISON INTERNATIONAL
$100.6M
0.6%
1,594,925 −2,584 −0.2% Reduced
MAS MASCO CORP
$87.8M
0.6%
3,485,282 −1,236,341 −26.2% Reduced
PGR PROGRESSIVE CORP
$86.4M
0.6%
2,821,040 −1,712,625 −37.8% Reduced
KEL KELLANOVA
$86.3M
0.5%
1,296,130 Held
GLW CORNING INC
$82.1M
0.5%
4,794,326 −2,889,067 −37.6% Reduced
CSCO CISCO SYSTEMS INC
$79.6M
0.5%
3,031,377 Held
TEX TEREX CORP
$77.8M
0.5%
4,336,634 +339,746 +8.5% Added
ACM AECOM
$76.9M
0.5%
2,793,606 −3,665 −0.1% Reduced
CMA COMERICA INC
$74.7M
0.5%
1,818,056 −1,139,886 −38.5% Reduced
9990302D APACHE CORP
$73.6M
0.5%
1,878,425 +1,331,275 +243.3% Added
KEY KEYCORP
$68.1M
0.4%
5,237,925 −91,775 −1.7% Reduced
PFE PFIZER INC
$67.8M
0.4%
2,159,818 Held
FITB FIFTH THIRD BANCORP
$66.1M
0.4%
3,493,200 Held
DAN DANA INC
$65.5M
0.4%
4,122,754 +593,025 +16.8% Added
AETNA INC
$64.4M
0.4%
588,309 −236,425 −28.7% Reduced
NWS NEWS CORP - CLASS B
$63.6M
0.4%
4,960,905 −522,795 −9.5% Reduced
SUPERIOR ENERGY SERVICES INC
$62.8M
0.4%
4,975,635 +242,626 +5.1% Added
FLEX FLEX LTD
$61.6M
0.4%
5,843,782 +121,375 +2.1% Added
WED WEBSTER FINANCIAL CORP
$60.8M
0.4%
1,707,613 −47,225 −2.7% Reduced
ALL ALLSTATE CORP
$59.8M
0.4%
1,027,087 +925,072 +906.8% Added
CFG CITIZENS FINANCIAL GROUP
$59.7M
0.4%
2,501,841 Held
CVE CENOVUS ENERGY INC
$59.7M
0.4%
3,937,345 +3,937,345 New
SYU1 SYNOVUS FINANCIAL CORP
$53.4M
0.3%
1,805,094 −395,027 −18.0% Reduced
TEL1USD TE CONNECTIVITY LTD
$52.3M
0.3%
872,578 Held
ETR ENTERGY CORP
$51.8M
0.3%
796,411 Held
TMK TORCHMARK CORP
$51.2M
0.3%
908,218 −4,025 −0.4% Reduced
CVS CVS HEALTH CORP
$50.9M
0.3%
527,265 Held
ATUEUR ACTUANT CORP-A
$50.3M
0.3%
2,734,071 +356,953 +15.0% Added
BDX BECTON DICKINSON AND CO
$49.6M
0.3%
373,824 Held
QCOM QUALCOMM INC
$47.2M
0.3%
879,185 +879,185 New
ENDURANCE SPECIALTY HOLDINGS
$44.8M
0.3%
733,721 +57,493 +8.5% Added
G GENPACT LTD
$42.9M
0.3%
1,817,984 +1,537,784 +548.8% Added
KBR KBR INC
$39.9M
0.3%
2,394,550 Held
CON-WAY INC
$39.6M
0.3%
835,417 +156,053 +23.0% Added
IVZ INVESCO LTD
$39.6M
0.3%
1,269,047 −362,453 −22.2% Reduced
ROCK GIBRALTAR INDUSTRIES INC
$38.6M
0.2%
2,105,009 −84,645 −3.9% Reduced
VIV1USD TELEFONICA BRASIL-ADR PREF
$35.8M
0.2%
3,918,272 +1,064,807 +37.3% Added
GNW GENWORTH FINANCIAL INC
$35.3M
0.2%
7,641,693 −75,425 −1.0% Reduced
DIOD DIODES INC
$35.2M
0.2%
1,645,938 +505,931 +44.4% Added
BBCN BANCORP INC
$34.5M
0.2%
2,296,659 +108,216 +4.9% Added
TECD1USD TECH DATA CORP
$34.4M
0.2%
502,223 −372,219 −42.6% Reduced
DOORUSD MASONITE INTERNATIONAL CORP
$33.7M
0.2%
556,206 −37,987 −6.4% Reduced
VALIDUS HOLDINGS LTD
$33.5M
0.2%
742,948 −14,450 −1.9% Reduced
ACH ACCENDRA HEALTH INC
$33.1M
0.2%
1,037,426 −50,125 −4.6% Reduced
ASB ASSOCIATED BANC-CORP
$32.9M
0.2%
1,830,525 −81,950 −4.3% Reduced
NSIT INSIGHT ENTERPRISES INC
$32.1M
0.2%
1,240,457 +3,431 +0.3% Added
TTEK TETRA TECH INC
$30.8M
0.2%
1,268,429 −75,825 −5.6% Reduced
NATIONAL PENN BANCSHARES INC
$30.4M
0.2%
2,584,286 −149,100 −5.5% Reduced
OC OWENS CORNING
$30.1M
0.2%
717,291 −452,522 −38.7% Reduced
LABORATORY CORP OF AMERICA HOLDINGS
$29.7M
0.2%
273,766 −445,610 −61.9% Reduced
FMBIUSD FIRST MIDWEST BANCORP INC/IL
$28.9M
0.2%
1,649,923 −83,275 −4.8% Reduced
GTS TRIPLE-S MANAGEMENT CORP
$28.7M
0.2%
1,609,269 +452,306 +39.1% Added
BRC BRADY CORPORATION - CL A
$28.1M
0.2%
1,428,017 −63,475 −4.3% Reduced
ASPEN INSURANCE HOLDINGS LTD
$27.6M
0.2%
594,183 +61,441 +11.5% Added
AIZ ASSURANT INC
$27.4M
0.2%
346,520 −205,481 −37.2% Reduced
SRI STONERIDGE INC
$26.9M
0.2%
2,183,711 −72,479 −3.2% Reduced
T AT&T INC
$26.8M
0.2%
823,058 Held
AGIIGBP ARGO GROUP INTERNATIONAL
$26.0M
0.2%
458,984 −15,600 −3.3% Reduced
UVV UNIVERSAL CORP/VA
$24.8M
0.2%
499,385 +470,349 +1619.9% Added
MATW MATTHEWS INTL CORP-CLASS A
$23.3M
0.1%
474,974 −28,971 −5.7% Reduced
TCF FINANCIAL CORP
$22.9M
0.1%
1,513,318 −78,200 −4.9% Reduced
ESSENDANT INC
$22.9M
0.1%
707,229 −37,875 −5.1% Reduced
L-3 COMMUNICATIONS
$22.3M
0.1%
213,223 Held
LMEUR LEGG MASON INC
$21.7M
0.1%
522,029 +62,975 +13.7% Added
UPBD UPBOUND GROUP INC
$21.1M
0.1%
871,989 −17,455 −2.0% Reduced
CUBUSD CUBIC CORP
$21.0M
0.1%
500,868 −15,299 −3.0% Reduced
CTSH COGNIZANT TECH SOLUTIONS-A
$20.9M
0.1%
333,132 +221,791 +199.2% Added
GENERAL CABLE CORP DEL NE
$20.3M
0.1%
1,709,779 −59,200 −3.3% Reduced
STANCORP FINANCIAL GROUP
$20.2M
0.1%
176,601 −275,604 −60.9% Reduced
CMCO COLUMBUS MCKINNON CORP/NY
$20.2M
0.1%
1,110,370 +37,793 +3.5% Added
WSFS WSFS FINANCIAL CORP
$17.1M
0.1%
594,208 +103,382 +21.1% Added
SYMETRA FINANCIAL CORP
$16.7M
0.1%
528,372 −226,928 −30.0% Reduced
PRI PRIMERICA INC
$16.4M
0.1%
364,514 −354,449 −49.3% Reduced
KSS KOHLS CORP
$16.1M
0.1%
346,875 Held
INGRAM MICRO INC CL-A
$15.2M
0.1%
558,725 −88,590 −13.7% Reduced
ACE LTD
$15.2M
0.1%
147,188 +71,017 +93.2% Added
HOSPITALITY PROPERTIES TRUST
$15.0M
0.1%
587,696 +299 +0.1% Added
ARW ARROW ELECTRONICS INC
$14.5M
0.1%
261,889 −436,206 −62.5% Reduced
HIG HARTFORD INSURANCE GROUP INC
$14.4M
0.1%
313,800 −664,001 −67.9% Reduced
PCG P G & E CORP
$13.9M
0.1%
262,800 −2,983 −1.1% Reduced
SCHN1EUR SCHNITZER STEEL INDS INC-A
$13.7M
0.1%
1,014,551 −29,700 −2.8% Reduced
PG PROCTER & GAMBLE CO
$13.3M
0.1%
184,904 Held
CDW CDW CORP/DE
$13.1M
0.1%
319,785 −2,624 −0.8% Reduced
PHH CORP
$12.9M
0.1%
910,998 −18,450 −2.0% Reduced
COP CONOCOPHILLIPS
$12.8M
0.1%
265,937 Held
MONSTER WORLDWIDE INC
$12.6M
0.1%
1,961,943 −101,875 −4.9% Reduced
JBL JABIL INC
$12.5M
0.1%
557,173 −361,060 −39.3% Reduced
EG EVEREST GROUP LTD
$12.4M
0.1%
71,600 Held
EPR EPR PROPERTIES
$12.4M
0.1%
239,975 Held
TPC TUTOR PERINI CORP
$12.2M
0.1%
739,929 −15,425 −2.0% Reduced
TSM TAIWAN SEMICONDUCTOR-SP ADR
$12.0M
0.1%
578,550 +192,175 +49.7% Added
ROWAN COMPANIES PLC - A
$11.8M
0.1%
730,525 Held
CHART INDUSTRIES INC
$10.3M
0.1%
537,545 +75,591 +16.4% Added
EXC EXELON CORP
$9.9M
0.1%
333,668 Held
DRH DIAMONDROCK HOSPITALITY CO
$8.9M
0.1%
805,935 −33,357 −4.0% Reduced
TRS TRIMAS CORP
$8.5M
0.1%
520,885 −437,550 −45.7% Reduced
BPOP POPULAR INC
$7.5M
0.0%
246,480 Held
ARC DOCUMENT SOLUTIONS INC
$4.3M
0.0%
719,410 −43,049 −5.6% Reduced
IBN ICICI BANK LTD-SPON ADR
$2.3M
0.0%
277,050 −315,700 −53.3% Reduced
INFY INFOSYS LTD-SP ADR
$2.2M
0.0%
114,700 −129,056 −52.9% Reduced
STEEL EXCEL INC
$1.3M
0.0%
63,567 −3,645 −5.4% Reduced
WCGEUR WELLCARE HEALTH PLANS INC
$1.2M
0.0%
14,300 −85,406 −85.7% Reduced
KEY ENERGY SERVICES INC
$650K
0.0%
1,382,154 −32,782 −2.3% Reduced
SHG SHINHAN FINANCIAL GROUP-ADR
$592K
0.0%
17,025 −29,300 −63.2% Reduced
PBR PETROLEO BRASILEIRO-SPON ADR
$331K
0.0%
76,100 Held

Sold positions

6 closed in Q3 2015 · shares & value as of prior filing
Holding Shares sold Prior value
RRX REGAL REXNORD CORP
185,400 $13.5M
GFF GRIFFON CORP
692,110 $11.0M
WIT WIPRO LTD-ADR
254,675 $3.0M
IWN ISHARES RUSSELL 2000 VALUE E
13,210 $1.3M
MWA MUELLER WATER PRODUCTS INC-A
41,158 $375K
USNZY USINAS SIDERURG MINAS-SP ADR
37,407 $51K

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.