13F filing recap · Q4 2025
What did Pzena Investment Management buy in Q4 2025?
Reported stock-position changes between this filing and the previous one.
Stock value
$33.40B
Positions
157
Estimated turnover
14.0%
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.
Quarter in review
Pzena Investment Management opened new positions in Constellation Brands, Knight-Swift Transportation, Dnow, Alphabet, and Winnebago Industries, among others. The firm exited Applied Materials, C.H. Robinson, Cal-Maine Foods, Dana, Dell Technologies, Fidelity National Financial, Mrc Global, Steelcase, and WNS Holdings. It substantially increased Amdocs and Joint Stock Company Kaspi.kz, while sharply raising Ppg Industries, Accenture, and Sensata Technologies. Notable trims included Medtronic, Te Connectivity, Morgan Stanley, Resideo Technologies, and Diamondrock Hospitality.