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Portfolio (Quarterly) Guide ↗

PZENA INVESTMENT MANAGEMENT LLC

· CIK 0001027796
13F Portfolio $33.4B AUM Filed Feb 6, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 157 New
Page 7 of 8  ·  157 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 TBI TRUEBLUE INC Industrials 2,864,609.0 $13.0M 0.04% NEW $4.55 +24.0%
122 ABEV AMBEV SA Consumer Defensive 4,421,619.0 $10.9M 0.03% NEW $2.47 +24.3%
123 GS GOLDMAN SACHS GROUP INC Financial Services 12,225.0 $10.7M 0.03% NEW $879.00 +10.2%
124 MAN MANPOWERGROUP INC WIS Industrials 351,121.0 $10.4M 0.03% NEW $29.73 -12.3%
125 DIS DISNEY WALT CO Communication Services 90,219.0 $10.3M 0.03% NEW $113.77 -7.3%
126 TSM TAIWAN SEMICONDUCTOR MFG LTD Technology 26,342.0 $8.0M 0.02% NEW $303.89 +37.5%
127 FMC FMC CORP Basic Materials 572,048.0 $7.9M 0.02% NEW $13.87 -2.2%
128 BIDU BAIDU INC Communication Services 56,507.0 $7.4M 0.02% NEW $130.66 +3.6%
129 BABA ALIBABA GROUP HLDG LTD Consumer Cyclical 25,437.0 $3.7M 0.01% NEW $146.58 -9.5%
130 VALE VALE S A Basic Materials 172,732.0 $2.3M 0.01% NEW $13.03 +27.2%
131 CIG CIA ENERGETICA DE MINAS GERA Utilities 1,080,784.0 $2.2M 0.01% NEW $2.00 +9.5%
132 ING ING GROEP N.V. Financial Services 68,962.0 $1.9M 0.01% NEW $28.00 +7.3%
133 HSBC HSBC HLDGS PLC Financial Services 22,906.0 $1.8M 0.01% NEW $78.67 +15.3%
134 KB KB FINL GROUP INC Financial Services 19,023.0 $1.6M 0.01% NEW $86.04 +23.0%
135 ITUB ITAU UNIBANCO HLDG S A Financial Services 225,157.0 $1.6M 0.01% NEW $7.16 +13.1%
136 MT ARCELORMITTAL SA LUXEMBOURG Basic Materials 34,475.0 $1.6M 0.01% NEW $45.57 +40.0%
137 PETROLEO BRASILEIRO SA PETRO 124,899.0 $1.4M 0.00% NEW $11.27
138 TOTALENERGIES SE 20,693.0 $1.2M 0.00% NEW $55.59
139 BCS BARCLAYS PLC Financial Services 44,945.0 $1.1M 0.00% NEW $25.45 -11.5%
140 PHG KONINKLIJKE PHILIPS N V Healthcare 36,969.0 $1.0M 0.00% NEW $27.08 -5.8%
Page 7 of 8  ·  157 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 25.3%
Healthcare 19.5%
Technology 18.3%
Consumer Cyclical 13.4%
Consumer Defensive 8.6%
Industrials 5.8%
Basic Materials 4.8%
Energy 3.6%
Real Estate 0.5%
Communication Services 0.3%