13F filing recap · Q4 2014

What did Pzena Investment Management buy in Q4 2014?

Reported stock-position changes between this filing and the previous one.

Stock value

$18.72B

Positions

141

Estimated turnover

24.1%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

BAXBaxter International Inc$289.07Mreported value+3.94M shares UBSUbs Group AG$268.00Mreported value+15.72M shares FFord Motor Co$233.33Mreported value+15.05M shares SWKStanley Black & Decker, Inc.$212.28Mreported value+2.21M shares LAMRLamar Advertising Co/new$183.23Mreported value+3.42M shares PFEPfizer Inc.$67.61Mreported value+2.17M shares CUBCubic Corporation$16.46Mreported value+312.6K shares

Increased positions

ORCLOracle Corporation$550.81Mreported value+48.5K shares+0.4%RDS-AShell Plc$485.59Mreported value+288.2K shares+4.1%BPBp Plc$463.95Mreported value+827.8K shares+7.3%NWSANews Corporation$415.78Mreported value+2.10M shares

Reduced positions

HPQHP Inc.$731.43Mreported value-2.61M shares-12.5%BACBank of America Corp$558.59Mreported value-427.1K shares-1.3%CCitigroup Inc$536.03Mreported value-246.3K shares-2.4%CIThe Cigna Group$530.89Mreported value-426.0K shares

Exited positions

UBSNUbs Group AG$262.87Mprior reported value-15.13M shares-100.0%GMGeneral Motors Company$239.62Mprior reported value-7.50M shares-100.0%LAMRLamar Advertising Co/new$173.06Mprior reported value-3.51M shares-100.0%URSUrs Corp$61.00Mprior reported value-1.06M shares