Richard Pzena's Hancock Classic Value Portfolio Shows Significant Shifts in Q1 2026
Richard Pzena's Hancock Classic Value portfolio, valued at approximately $30.7 billion as of March 31, 2026, saw notable changes in holdings, with significant increases in CTSH, SWKS, and HUM, alongside decreases in C, MGA, and others.
As of March 31, 2026, Richard Pzena's Hancock Classic Value portfolio held a total value of approximately $30.7 billion, with a diverse set of top holdings spanning sectors like Healthcare, Technology, and Financial Services. The portfolio reflected quarterly adjustments, with some positions seeing substantial share increases while others experienced declines.
Among the most significant quarterly increases were observed in COGNIZANT TECHNOLOGY SOLUTIO (CTSH), which saw a 14.94% rise in shares. Similarly, SKYWORKS SOLUTIONS INC (SWKS) increased its share count by 27.57%, and HUMANA INC (HUM) added shares at a 34.35% growth rate. These movements indicate a strategic tilt towards certain technology and healthcare companies, though the analysis should focus solely on observable trends.
On the other hand, several positions showed notable decreases. MAGNA INTL INC (MGA) experienced a 13.0% reduction in shares, CITIGROUP INC (C) saw a substantial 22.98% decline, and BAXTER INTL INC (BAX) decreased by 7.88%. Other stocks like BRISTOL-MYERS SQUIBB CO (BMY) and CVS HEALTH CORP (CVS) also reduced their allocations, reflecting a more cautious stance in certain sectors.
For a comprehensive view of Richard Pzena's investment approach and complete portfolio details, readers can explore his profile at this link. Detailed analysis of individual stock positions, including MAGNA INTL INC (MGA) here, COGNIZANT TECHNOLOGY SOLUTIO (CTSH) here, and others, provides further insight into the quarterly activity.