Richard Pzena's Hancock Classic Value Top Holdings Analysis for Q1 2026
An analysis of the top holdings in Richard Pzena's Hancock Classic Value portfolio as of March 31, 2026, highlighting significant positions in Healthcare, Technology, and Consumer sectors.
As of March 31, 2026, Richard Pzena's Hancock Classic Value fund, managed by Pzena Investment Partners, held a substantial portfolio valued at approximately $30.7 billion. The fund's top holdings reflect a strategic focus on established companies across various sectors, with significant allocations to Healthcare, Technology, Consumer Cyclical, and Financial Services stocks.
Among the fund's largest positions was MAGNA INTL INC (MGA), a global automotive supplier. The fund held over 25 million shares of this Consumer Cyclical stock, representing approximately 6.39% of the portfolio. The position saw a slight reduction in shares compared to the previous period, with a 13% decrease in holdings.
COGNIZANT TECHNOLOGY SOLUTIONS (CTSH) was another major holding, classified under the Technology sector. The fund owned nearly 20 million shares of this IT services company, accounting for about 4.04% of the portfolio. Notably, the fund increased its stake in CTSH by 14.94% during the period.
TYSON FOODS INC (TSN), a leading food company, represented approximately 3.57% of the portfolio. The fund's stake in TSN increased by 12.05% compared to the prior period.
In the Healthcare sector, BAXTER INTL INC (BAX) held a significant position, comprising about 3.52% of the fund. The fund reduced its BAX stake by 7.88% during the quarter. Similarly, BRISTOL-MYERS SQUIBB CO (BMY) and CVS HEALTH CORP (CVS) each accounted for around 3.37% and 3.21% of the portfolio, respectively. Both saw declines, with BMY down 4.72% and CVS down 11.61% in terms of share count.
Healthcare was also well-represented with HUMANA INC (HUM), which held a position of about 3.08%. This was one of the most significant increases, with the fund adding shares at a 34.35% rate.
Financial Services stocks featured prominently in the top holdings, with CITIGROUP INC (C) holding approximately 3.01% of the portfolio. The fund reduced its C stake by 22.98% during the period. CAPITAL ONE FINL CORP (COF) also featured in the top ten, holding about 2.71% of the portfolio, with a slight reduction of 8.78% in shares.
Additionally, the fund held a position in SKYWORKS SOLUTIONS INC (SWKS), a Technology company, representing about 2.8% of the portfolio. The fund increased its SWKS stake by 27.57% during the quarter.
For detailed insights into Richard Pzena's investment approach and Hancock Classic Value fund, readers can visit the investor profile at https://www.insiderset.com/investor/richard-pzena-hancock-classic-value. For more information on individual stock positions, please explore the stock profiles at https://www.insiderset.com/investors/stocks.