Richard Pzena Q1 2026 Investment Activity Analysis

Richard Pzena, managing the Hancock Classic Value fund with a total portfolio value of approximately $30.7 billion as of March 31, 2026, demonstrated significant activity during Q1 2026. The fund's top holdings show a mix of strategic purchases and sales, reflecting Pzena's focus on value investing across various sectors.

The fund saw notable increases in its positions in several companies. Tyson Foods (TSN) saw its stake grow by 12.05%, adding to its Consumer Defensive allocation. Cognizant Technology Solutions (CTSH) increased by 14.94% in Technology, while SkyWorks Solutions (SWKS) experienced a substantial 27.57% jump. Humana (HUM) also showed strong interest with a 34.35% increase in Healthcare.

Conversely, the fund reduced its positions in several key holdings. International Magnetics (MGA) decreased by 13%, Baxter International (BAX) by 7.88%, Bristol Myers Squibb (BMY) by 4.72%, CitiGroup (C) by 22.98%, and Capital One (COF) by 8.78%. These reductions spanned sectors including Consumer Cyclical, Healthcare, and Financial Services.

For a comprehensive view of the fund's holdings and performance, visit the Richard Pzena profile. Detailed information on each stock position can be found at Magna International, Cognizant Technology, Tyson Foods, and other relevant company profiles.