PZENA INVESTMENT MANAGEMENT LLC
Comparing Q4 2025 vs Q3 2025
Sorting applies to all holdings for this quarter on the server, then the page is sliced. Prior-quarter values come from the full prior-quarter filing.
Issuer ▲▼ | Shares | Value ($K) | ||||
|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | |
| PPG INDS INC | 0 | 7,098,767 | +7,098,767 | 0 | 727,339,667 | +727,339,667 |
| AMDOCS LTD | 6,593,249 | 12,037,015 | +5,443,766 | 540,976,081 | 969,100,078 | +428,123,997 |
| BRISTOL-MYERS SQUIBB CO | 14,901,604 | 17,943,503 | +3,041,899 | 672,062,341 | 967,872,552 | +295,810,211 |
| COGNIZANT TECHNOLOGY SOLUTIO | 17,710,868 | 17,628,679 | -82,189 | 1,187,867,916 | 1,463,180,357 | +275,312,441 |
| ACCENTURE PLC IRELAND | 337,930 | 1,307,722 | +969,792 | 83,333,538 | 350,861,853 | +267,528,315 |
| MAGNA INTL INC | 29,068,447 | 29,113,582 | +45,135 | 1,916,773,402 | 2,130,240,774 | +213,467,372 |
| DOLLAR GEN CORP NEW | 11,677,669 | 10,676,823 | -1,000,846 | 1,206,887,091 | 1,417,561,790 | +210,674,699 |
| NOKIA CORP | 0 | 91,942,507 | +91,942,507 | 0 | 594,868,019 | +594,868,019 |
| TYSON FOODS INC | 0 | 15,310,513 | +15,310,513 | 0 | 897,502,272 | +897,502,272 |
| CAPITAL ONE FINL CORP | 5,052,134 | 5,020,853 | -31,281 | 1,073,982,645 | 1,216,853,933 | +142,871,288 |
| METLIFE INC | 0 | 11,883,338 | +11,883,338 | 0 | 938,070,701 | +938,070,701 |
| UBS GROUP AG | 0 | 29,774,573 | +29,774,573 | 0 | 1,100,468,200 | +1,100,468,200 |
| UNIVERSAL HLTH SVCS INC | 0 | 2,112,604 | +2,112,604 | 0 | 460,589,924 | +460,589,924 |
| LEAR CORP | 7,497,417 | 7,467,354 | -30,063 | 754,315,124 | 855,758,768 | +101,443,644 |
| NOV INC | 0 | 42,164,228 | +42,164,228 | 0 | 659,026,883 | +659,026,883 |
| SENSATA TECHNOLOGIES HLDG PL | 0 | 3,509,416 | +3,509,416 | 0 | 116,828,459 | +116,828,459 |
| CONSTELLATION BRANDS INC | 0 | 589,891 | +589,891 | 0 | 81,381,362 | +81,381,362 |
| WELLS FARGO CO NEW | 0 | 9,980,647 | +9,980,647 | 0 | 930,196,301 | +930,196,301 |
| KASPI KZ JSC | 1,732,148 | 2,705,734 | +973,586 | 141,481,849 | 211,398,997 | +69,917,148 |
| KNIGHT-SWIFT TRANSN HLDGS IN | 0 | 1,265,317 | +1,265,317 | 0 | 66,150,773 | +66,150,773 |
| DNOW INC | 0 | 4,161,129 | +4,161,129 | 0 | 55,134,959 | +55,134,959 |
| ALPHABET INC | 0 | 171,157 | +171,157 | 0 | 53,572,141 | +53,572,141 |
| CVS HEALTH CORP | 15,844,972 | 15,581,307 | -263,665 | 1,194,552,439 | 1,236,532,523 | +41,980,084 |
| WINNEBAGO INDS INC | 0 | 928,962 | +928,962 | 0 | 37,641,540 | +37,641,540 |
| BAXTER INTL INC | 57,387,040 | 70,046,251 | +12,659,211 | 1,306,702,901 | 1,338,583,857 | +31,880,956 |
| LKQ CORP | 3,339,732 | 4,382,173 | +1,042,441 | 101,995,415 | 132,341,625 | +30,346,210 |
| CREDICORP LTD | 1,053,056 | 1,068,942 | +15,886 | 280,407,752 | 306,786,354 | +26,378,602 |
| DOW INC | 27,166,229 | 27,626,887 | +460,658 | 622,921,631 | 645,916,618 | +22,994,987 |
| MYERS INDS INC | 0 | 1,302,309 | +1,302,309 | 0 | 24,379,224 | +24,379,224 |
| BANK AMERICA CORP | 6,503,771 | 6,480,095 | -23,676 | 335,529,546 | 356,405,225 | +20,875,679 |
| CONCENTRIX CORP | 2,212,592 | 2,927,196 | +714,604 | 102,111,121 | 121,712,810 | +19,601,689 |
| HALLIBURTON CO | 5,346,596 | 5,333,743 | -12,853 | 131,526,262 | 150,731,577 | +19,205,315 |
| SPECTRUM BRANDS HLDGS INC NE | 0 | 2,401,948 | +2,401,948 | 0 | 141,907,088 | +141,907,088 |
| ROBERT HALF INC. | 0 | 4,394,851 | +4,394,851 | 0 | 119,364,153 | +119,364,153 |
| DISNEY WALT CO | 2,544 | 90,219 | +87,675 | 291,288 | 10,264,216 | +9,972,928 |
| HUNTSMAN CORP | 5,393,866 | 5,705,178 | +311,312 | 48,436,917 | 57,051,780 | +8,614,863 |
| ELEVANCE HEALTH INC FORMERLY | 216,709 | 216,322 | -387 | 70,023,012 | 75,831,677 | +5,808,665 |
| WEBSTER FINL CORP | 0 | 1,652,571 | +1,652,571 | 0 | 104,012,819 | +104,012,819 |
| HENRY SCHEIN INC | 925,992 | 887,725 | -38,267 | 61,458,089 | 67,094,256 | +5,636,167 |
| EXXON MOBIL CORP | 661,764 | 660,739 | -1,025 | 74,613,891 | 79,513,331 | +4,899,440 |
| JOHNSON & JOHNSON | 248,251 | 245,951 | -2,300 | 46,030,700 | 50,899,559 | +4,868,859 |
| ZTO EXPRESS CAYMAN INC | 0 | 7,580,454 | +7,580,454 | 0 | 158,355,684 | +158,355,684 |
| WABTEC | 0 | 366,410 | +366,410 | 0 | 78,210,215 | +78,210,215 |
| THE CIGNA GROUP | 0 | 570,833 | +570,833 | 0 | 157,110,367 | +157,110,367 |
| CNO FINL GROUP INC | 2,542,121 | 2,462,868 | -79,253 | 100,540,886 | 104,598,004 | +4,057,118 |
| HCA HEALTHCARE INC | 101,060 | 100,830 | -230 | 43,071,772 | 47,073,494 | +4,001,722 |
| COMERICA INC | 421,314 | 374,001 | -47,313 | 28,868,435 | 32,511,907 | +3,643,472 |
| BREAD FINANCIAL HOLDINGS INC | 785,417 | 640,130 | -145,287 | 43,802,706 | 47,388,824 | +3,586,118 |
| GENPACT LIMITED | 732,142 | 732,142 | 0 | 30,669,428 | 34,249,603 | +3,580,175 |
| JPMORGAN CHASE & CO. | 340,025 | 342,390 | +2,365 | 107,254,086 | 110,324,906 | +3,070,820 |
| KEYCORP | 1,652,812 | 1,644,569 | -8,243 | 30,891,056 | 33,943,904 | +3,052,848 |
| AMERICAN INTL GROUP INC | 441,103 | 440,331 | -772 | 34,644,230 | 37,670,317 | +3,026,087 |
| TARGET CORP | 0 | 374,240 | +374,240 | 0 | 36,581,960 | +36,581,960 |
| SOLVENTUM CORP | 0 | 435,310 | +435,310 | 0 | 34,493,964 | +34,493,964 |
| CISCO SYS INC | 1,544,377 | 1,396,376 | -148,001 | 105,666,274 | 107,562,843 | +1,896,569 |
| FIFTH THIRD BANCORP | 945,184 | 937,822 | -7,362 | 42,107,947 | 43,899,448 | +1,791,501 |
| REGIONS FINANCIAL CORP NEW | 0 | 1,839,825 | +1,839,825 | 0 | 49,859,258 | +49,859,258 |
| ENVISTA HOLDINGS CORPORATION | 2,414,866 | 2,325,859 | -89,007 | 49,190,820 | 50,494,399 | +1,303,579 |
| UNIVEST FINANCIAL CORPORATIO | 0 | 856,235 | +856,235 | 0 | 28,033,134 | +28,033,134 |
| HDFC BANK LTD | 859,167 | 838,448 | -20,719 | 29,349,145 | 30,636,890 | +1,287,745 |
| HOOKER FURNISHINGS CORPORATI | 1,416,002 | 1,382,690 | -33,312 | 14,372,420 | 15,610,570 | +1,238,150 |
| TOTALENERGIES SE | 0 | 20,693 | +20,693 | 0 | 1,150,324 | +1,150,324 |
| CBRE GROUP INC | 295,522 | 296,040 | +518 | 46,562,446 | 47,600,272 | +1,037,826 |
| SHINHAN FINANCIAL GROUP CO L | 0 | 911,788 | +911,788 | 0 | 48,899,190 | +48,899,190 |
| AMBEV SA | 4,514,704 | 4,421,619 | -93,085 | 10,067,790 | 10,921,398 | +853,608 |
| COLUMBIA BKG SYS INC | 1,926,346 | 1,804,394 | -121,952 | 49,584,146 | 50,432,812 | +848,666 |
| HSBC HLDGS PLC | 19,348 | 22,906 | +3,558 | 1,373,330 | 1,801,990 | +428,660 |
| ING GROEP N.V. | 57,788 | 68,962 | +11,174 | 1,507,117 | 1,930,932 | +423,815 |
| ARCOS DORADOS HOLDINGS INC | 11,427,294 | 10,562,564 | -864,730 | 77,134,235 | 77,529,220 | +394,985 |
| TAKEDA PHARMACEUTICAL CO LTD | 0 | 20,627 | +20,627 | 0 | 321,575 | +321,575 |
| DOCUSIGN INC | 0 | 4,510 | +4,510 | 0 | 308,484 | +308,484 |
| HOLOGIC INC | 0 | 4,109 | +4,109 | 0 | 306,079 | +306,079 |
| EQUINOR ASA | 16,534 | 29,555 | +13,021 | 403,104 | 698,387 | +295,283 |
| CINCINNATI FINL CORP | 0 | 1,792 | +1,792 | 0 | 292,669 | +292,669 |
| GSK PLC | 8,717 | 13,444 | +4,727 | 376,237 | 659,292 | +283,055 |
| ARCHER DANIELS MIDLAND CO | 0 | 4,842 | +4,842 | 0 | 278,367 | +278,367 |
| SANOFI SA | 0 | 11,749 | +11,749 | 0 | 569,342 | +569,342 |
| TPG INC | 0 | 3,386 | +3,386 | 0 | 216,162 | +216,162 |
| KONINKLIJKE PHILIPS N V | 29,373 | 36,969 | +7,596 | 800,695 | 1,001,126 | +200,431 |
| ARCELORMITTAL SA LUXEMBOURG | 38,436 | 34,475 | -3,961 | 1,389,464 | 1,571,048 | +181,584 |
| SUMITOMO MITSUI FINL GROUP I | 0 | 28,473 | +28,473 | 0 | 550,381 | +550,381 |
| DOUGLAS DYNAMICS INC | 2,218,823 | 2,126,608 | -92,215 | 69,360,407 | 69,433,751 | +73,344 |
| MERCK & CO INC | 0 | 3,324 | +3,324 | 0 | 349,884 | +349,884 |
| HARTFORD INSURANCE GROUP INC | 1,735 | 2,127 | +392 | 231,432 | 293,101 | +61,669 |
| ADOBE INC | 802 | 837 | +35 | 282,906 | 292,942 | +10,036 |
| GE AEROSPACE | 736 | 736 | 0 | 221,404 | 226,710 | +5,306 |
| INTEL CORP | 8,315 | 7,515 | -800 | 278,968 | 277,304 | -1,664 |
| HALOZYME THERAPEUTICS INC | 4,107 | 4,278 | +171 | 301,207 | 287,909 | -13,298 |
| CIRRUS LOGIC INC | 2,222 | 2,222 | 0 | 278,394 | 263,307 | -15,087 |
| BARCLAYS PLC | 60,203 | 44,945 | -15,258 | 1,244,406 | 1,143,856 | -100,550 |
| HAVERTY FURNITURE COS INC | 1,558,458 | 1,458,459 | -99,999 | 34,176,984 | 34,069,602 | -107,382 |
| DANA INC | 10,094 | 0 | -10,094 | 202,284 | 0 | -202,284 |
| DELL TECHNOLOGIES INC | 1,685 | 0 | -1,685 | 238,882 | 0 | -238,882 |
| SHELL PLC | 0 | 3,277,328 | +3,277,328 | 0 | 240,818,052 | +240,818,052 |
| CAL MAINE FOODS INC | 2,860 | 0 | -2,860 | 269,126 | 0 | -269,126 |
| APPLIED MATLS INC | 1,473 | 0 | -1,473 | 301,582 | 0 | -301,582 |
| VALE S A | 0 | 172,732 | +172,732 | 0 | 2,250,698 | +2,250,698 |
| TELEFLEX INCORPORATED | 0 | 379,465 | +379,465 | 0 | 46,309,909 | +46,309,909 |
| GENERAL DYNAMICS CORP | 293,443 | 293,443 | 0 | 100,064,063 | 98,790,520 | -1,273,543 |
| KB FINL GROUP INC | 35,521 | 19,023 | -16,498 | 2,945,046 | 1,636,739 | -1,308,307 |