13F filing recap · Q3 2015

What did Pzena Investment Management buy in Q3 2015?

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

Stock value

$15.71B

Positions

148

Estimated turnover

13.3%

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

BXLTBaxalta Incorporated$129.03Mreported value+4.09M shares CVECenovus Energy Inc.$59.69Mreported value+3.94M shares QCOMQualcomm Inc/de$47.24Mreported value+879.2K shares

Increased positions

HPQHP Inc.$490.27Mreported value+1.16M shares+6.4%XOMExxon Mobil Corp.$454.27Mreported value+1.91M shares+45.6%RDS-AShell Plc$439.19Mreported value+1.78M shares+23.8%WMTWalmart Inc.$410.04Mreported value+1.14M shares

Reduced positions

BACBank of America Corp$465.40Mreported value-547.3K shares-1.8%AIGAmerican International Group, Inc.$465.23Mreported value-322.1K shares-3.8%CCitigroup Inc$461.92Mreported value-251.2K shares-2.6%MSFTMicrosoft Corporation$449.73Mreported value-462.2K shares

Exited positions

RRXRegal Rexnord Corp$13.46Mprior reported value-185.4K shares-100.0%GFFGriffon Corporation$11.02Mprior reported value-692.1K shares-100.0%WITWipro Limited$3.05Mprior reported value-254.7K shares-100.0%IWNiShares Trust$1.35Mprior reported value-13.2K shares