Richard Pzena - Pzena Investment Management 13F Activity & Position Changes (Q1 2019)

According to the SEC 13F filed on Aug 07, 2026, the Pzena Investment Management portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2019. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2019, the filing reported:

New Buys - Apple Inc., CNO Financial Group, Inc., Elevance Health, Inc., Exelixis, Inc., Mohawk Industries, Inc., and 5 more

Increases - American International Group, I, Baidu, Inc., Biogen Inc., Booking Holdings Inc. Common St, Baker Hughes Company, and 38 more

Reductions - AECOM, AMERICAN EQUITY INVT LIFE HL, Avangrid, Inc., Allstate Corporation (The), Amgen Inc., and 71 more

Complete Exits - Broadcom Inc., Brighthouse Financial, Inc., BP p.l.c., Chubb Limited, ConocoPhillips, and 11 more

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Showing 30 of 145 transactions.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2019	AAPL Apple Inc.	Apple Inc.	Buy - Position Entry	+1,580	-	$300.00K	1,580
Q1 2019	ACM AECOM	AECOM	Sell	-561,911	-17.3%	$79.46M	2,678,166
Q1 2019	AELEUR AMERICAN EQUITY INVT LIFE HL	AMERICAN EQUITY INVT LIFE HL	Sell	-41,354	-3.4%	$31.89M	1,180,245
Q1 2019	AGR Avangrid, Inc.	Avangrid, Inc.	Sell	-17,903	-0.8%	$106.94M	2,123,879
Q1 2019	AIG American International Group, I	American International Group, I	Buy	+234,006	+1.9%	$529.81M	12,303,898
Q1 2019	ALL Allstate Corporation (The)	Allstate Corporation (The)	Sell	-318,820	-55.8%	$23.76M	252,290
Q1 2019	AMGN Amgen Inc.	Amgen Inc.	Sell	-257,449	-21.3%	$180.49M	950,019
Q1 2019	ARC ARC Document Solutions, Inc.	ARC Document Solutions, Inc.	Sell	-116,931	-5.9%	$4.17M	1,870,417
Q1 2019	ASB Associated Banc-Corp	Associated Banc-Corp	Sell	-85,981	-3.9%	$45.02M	2,108,842
Q1 2019	AVGO Broadcom Inc.	Broadcom Inc.	Sell - Position Exit	-792	-100.0%	$0.00	-
Q1 2019	AVT Avnet, Inc.	Avnet, Inc.	Sell	-350,127	-4.4%	$326.26M	7,522,682
Q1 2019	AXS Axis Capital	Axis Capital	Sell	-1,292,811	-19.0%	$302.57M	5,523,338
Q1 2019	BAC Bank of America Corporation	Bank of America Corporation	Sell	-1,091,733	-6.9%	$409.50M	14,842,164
Q1 2019	BEN Franklin Resources, Inc.	Franklin Resources, Inc.	Sell	-754,831	-8.0%	$286.39M	8,641,808
Q1 2019	BHF Brighthouse Financial, Inc.	Brighthouse Financial, Inc.	Sell - Position Exit	-13,544	-100.0%	$0.00	-
Q1 2019	BIDU Baidu, Inc.	Baidu, Inc.	Buy	+288,007	+67.1%	$118.24M	717,245
Q1 2019	BIIB Biogen Inc.	Biogen Inc.	Buy	+345	+16.4%	$579.00K	2,451
Q1 2019	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Buy	+55	+16.2%	$687.00K	394
Q1 2019	BKR Baker Hughes Company	Baker Hughes Company	Buy	+5,102,148	+1163.7%	$153.59M	5,540,588
Q1 2019	BP BP p.l.c.	BP p.l.c.	Sell - Position Exit	-3,482,311	-100.0%	$0.00	-
Q1 2019	C Citigroup, Inc.	Citigroup, Inc.	Sell	-335,048	-4.1%	$488.41M	7,849,790
Q1 2019	CAH Cardinal Health, Inc.	Cardinal Health, Inc.	Sell	-43,340	-1.4%	$145.59M	3,023,563
Q1 2019	CAR Avis Budget Group, Inc.	Avis Budget Group, Inc.	Sell	-100,862	-3.4%	$99.94M	2,866,895
Q1 2019	CB Chubb Limited	Chubb Limited	Sell - Position Exit	-1,413	-100.0%	$0.00	-
Q1 2019	CBRE CBRE Group Inc	CBRE Group Inc	Buy	+1,603	+31.3%	$333.00K	6,726
Q1 2019	CHRW C.H. Robinson Worldwide, Inc.	C.H. Robinson Worldwide, Inc.	Buy	+1,519	+29.7%	$577.00K	6,638
Q1 2019	CI The Cigna Group	The Cigna Group	Sell	-271,318	-37.0%	$74.31M	462,050
Q1 2019	CLSCAD CELESTICA INC	CELESTICA INC	Buy	+1,182,564	+42.4%	$33.55M	3,970,756
Q1 2019	CMA Comerica Incorporated	Comerica Incorporated	Sell	-98	-0.1%	$8.88M	121,055
Q1 2019	CNO CNO Financial Group, Inc.	CNO Financial Group, Inc.	Buy - Position Entry	+2,404,373	-	$38.90M	2,404,373