Richard Pzena - Pzena Investment Management 13F Activity & Position Changes (Q2 2023)

According to the SEC 13F filed on Aug 04, 2023, the Pzena Investment Management portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2023. 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 Q2 2023, the filing reported:

New Buys - Bread Financial Holdings, Inc., Biogen Inc., ICON plc, Jones Lang LaSalle Incorporated, Knife Riv Holding Co., and 4 more

Increases - Arrow Electronics, Inc., Acuity Brands, Inc., Bank of America Corporation, Credicorp Ltd., Baidu, Inc., and 37 more

Reductions - Ambev S.A., Adient plc, AMERICAN EQUITY INVT LIFE HL, American International Group, I, Amgen Inc., and 86 more

Complete Exits - CACI International, Inc., DocuSign, Inc., TechnipFMC, Galaxy Entertainment Group, Ltd, Halozyme Therapeutics, Inc., and 6 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 153 transactions.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2023	ABEV Ambev S.A.	Ambev S.A.	Sell	-1,472,512	-9.1%	$46.77M	14,706,081
Q2 2023	ADNT Adient plc	Adient plc	Sell	-30,807	-2.4%	$47.42M	1,237,568
Q2 2023	AELEUR AMERICAN EQUITY INVT LIFE HL	AMERICAN EQUITY INVT LIFE HL	Sell	-51,273	-4.2%	$60.75M	1,165,769
Q2 2023	AIG American International Group, I	American International Group, I	Sell	-1,952,495	-20.5%	$435.45M	7,567,761
Q2 2023	AMGN Amgen Inc.	Amgen Inc.	Sell	-11,895	-2.3%	$112.20M	505,353
Q2 2023	AMWD American Woodmark Corporation	American Woodmark Corporation	Sell	-224,890	-24.4%	$53.25M	697,198
Q2 2023	ARW Arrow Electronics, Inc.	Arrow Electronics, Inc.	Buy	+3,447	+1.5%	$33.94M	236,971
Q2 2023	ASB Associated Banc-Corp	Associated Banc-Corp	Sell	-27,369	-0.9%	$47.89M	2,950,481
Q2 2023	AVT Avnet, Inc.	Avnet, Inc.	Sell	-461,784	-5.0%	$438.31M	8,688,026
Q2 2023	AXS Axis Capital	Axis Capital	Sell	-424,881	-8.3%	$253.21M	4,703,828
Q2 2023	AXTA Axalta Coating Systems Ltd.	Axalta Coating Systems Ltd.	Sell	-672,295	-15.2%	$123.10M	3,751,956
Q2 2023	AYI Acuity Brands, Inc.	Acuity Brands, Inc.	Buy	+229,495	+112.5%	$70.70M	433,536
Q2 2023	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell	-993	-2.3%	$3.56M	42,741
Q2 2023	BAC Bank of America Corporation	Bank of America Corporation	Buy	+5,529,194	+57.8%	$433.05M	15,094,260
Q2 2023	BAP Credicorp Ltd.	Credicorp Ltd.	Buy	+141,169	+18.1%	$135.78M	919,653
Q2 2023	BDC Belden Inc	Belden Inc	Sell	-139,978	-16.8%	$66.45M	694,700
Q2 2023	BFH Bread Financial Holdings, Inc.	Bread Financial Holdings, Inc.	Buy - Position Entry	+601,637	-	$18.89M	601,637
Q2 2023	BIDU Baidu, Inc.	Baidu, Inc.	Buy	+2,879	+1.2%	$34.15M	249,450
Q2 2023	BIIB Biogen Inc.	Biogen Inc.	Buy - Position Entry	+1,618	-	$460.89K	1,618
Q2 2023	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Sell	-30,504	-20.8%	$312.88M	115,869
Q2 2023	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Sell	-184,216	-4.1%	$276.75M	4,327,569
Q2 2023	C Citigroup, Inc.	Citigroup, Inc.	Sell	-280,483	-1.7%	$743.11M	16,140,478
Q2 2023	CACI CACI International, Inc.	CACI International, Inc.	Sell - Position Exit	-1,529	-100.0%	$0.00	-
Q2 2023	CAH Cardinal Health, Inc.	Cardinal Health, Inc.	Sell	-226,553	-10.7%	$178.41M	1,886,489
Q2 2023	CBRE CBRE Group Inc	CBRE Group Inc	Buy	+32	+0.0%	$54.34M	673,274
Q2 2023	CHTR Charter Communications, Inc.	Charter Communications, Inc.	Buy	+617,287	+104.9%	$442.98M	1,205,824
Q2 2023	CI The Cigna Group	The Cigna Group	Sell	-4,487	-0.8%	$157.09M	559,843
Q2 2023	CIG Comp En De Mn Cemig	Comp En De Mn Cemig	Sell	-32,915	-1.9%	$4.59M	1,745,696
Q2 2023	CLSCAD CELESTICA INC	CELESTICA INC	Sell	-1,062,430	-18.2%	$69.08M	4,763,864
Q2 2023	CMA Comerica Incorporated	Comerica Incorporated	Buy	+9,391	+2.2%	$18.38M	433,997