0001140361-16-063819.txt : 20160506 0001140361-16-063819.hdr.sgml : 20160506 20160506160019 ACCESSION NUMBER: 0001140361-16-063819 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160331 FILED AS OF DATE: 20160506 DATE AS OF CHANGE: 20160506 EFFECTIVENESS DATE: 20160506 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PZENA INVESTMENT MANAGEMENT LLC CENTRAL INDEX KEY: 0001027796 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03791 FILM NUMBER: 161627862 BUSINESS ADDRESS: STREET 1: 320 PARK AVENUE, 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-355-1600 MAIL ADDRESS: STREET 1: 320 PARK AVENUE, 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001027796 XXXXXXXX 03-31-2016 03-31-2016 PZENA INVESTMENT MANAGEMENT LLC

320 PARK AVENUE, 8TH FLOOR NEW YORK NY 10022

13F HOLDINGS REPORT 028-03791 N Joan Berger (212) 355-1600 /s/Joan Berger New York NY 05-06-2016 3 155 16288549 false 1 0001376113 028-12230 ALPS ADVISORS INC 2 0000908758 028-14511 American Beacon Advisors, Inc. 3 0000721204 028-01190 RUSSELL FRANK CO/ INFORMATION TABLE 2 form13fInfoTable.xml ABBOTT LABORATORIES COM 002824100 194182 4642170 SH DFND 1 2595047 0 2047123 ACTUANT CORP- A COM 00508X203 71582 2896871 SH SOLE 1669746 0 1227125 AECOM COM 00766T100 100292 3257294 SH DFND 2 1017416 0 2239878 AETNA INC COM 00817Y108 17436 155193 SH SOLE 393 0 154800 ALLSTATE CORP COM 020002101 84707 1257340 SH DFND 2 177718 0 1079622 AMERICAN EQUITY INVT LIFE COM 025676206 9914 590141 SH SOLE 536945 0 53196 AMERICAN INTERNATIONAL GROUP COM 026874784 357131 6607420 SH DFND 1 3296363 0 3311057 ANIXTER INTERNATIONAL INC COM 035290105 17805 341684 SH SOLE 307875 0 33809 ANNALY CAPITAL MANAGMENT INC COM 035710409 127 12402 SH SOLE 12402 0 0 APACHE CORP COM 037411105 88768 1818639 SH DFND 2 111914 0 1706725 APOLLO GLOBAL MANAGEMENT-A COM 037612306 3858 225350 SH DFND 2 225350 0 0 ARC DOCUMENT SOLUTIONS INC COM 00191G103 17574 3905326 SH SOLE 3490025 0 415301 ARGO GROUP INTERNATIONAL COM G0464B107 26776 466563 SH SOLE 416812 0 49751 ARROW ELECTRONICS INC COM 042735100 19624 304670 SH SOLE 466 0 304204 ASPEN INSURANCE HOLDINGS LTD COM G05384105 28999 607948 SH SOLE 541873 0 66075 ASSOCIATED BANC CORP COM 045487105 39110 2180070 SH SOLE 1941820 0 238250 ASSURANT INC COM 04621X108 6211 80508 SH SOLE 463 0 80045 AT&T INC COM 00206R102 32239 823058 SH SOLE 7833 0 815225 AVNET INC COM 053807103 190525 4300793 SH DFND 2 2177673 0 2123120 AXIS CAPITAL HOLDINGS LTD COM G0692U109 294134 5303536 SH DFND 1,2 2182287 0 3121249 BAKER HUGHES INC COM 057224107 63375 1445923 SH SOLE 86447 0 1359476 BANK OF AMERICA CORP COM 060505104 409342 30276786 SH DFND 1 16127395 0 14149391 BAXALTA INC COM 07177M103 51591 1277007 SH SOLE 79144 0 1197863 BAXTER INTERNATIONAL INC COM 071813109 167787 4084406 SH DFND 1 2215468 0 1868938 BBCN BANCORP INC COM 073295107 31113 2048261 SH SOLE 1826261 0 222000 BP PLC - SPONS ADR COM 055622104 271235 8987246 SH DFND 1 4175513 0 4811733 CDW CORP COM 12514G108 6062 146082 SH SOLE 597 0 145485 CENOVUS ENERGY INC. COM 15135U109 174076 13390425 SH DFND 1,2 7484057 0 5906368 CHART INDUSTRIES INC COM 16115Q308 36883 1698111 SH SOLE 1523061 0 175050 CHUBB LTD COM H1467J104 16897 141813 SH SOLE 71213 0 70600 CIGNA CORP COM 125509109 104535 761695 SH DFND 1 375004 0 386691 CISCO SYSTEMS INC COM 17275R102 78504 2757432 SH SOLE 1020257 0 1737175 CITIGROUP INC COM 172967424 411796 9863370 SH DFND 1 5269108 0 4594262 CITIZENS FINANCIAL GROUP COM 174610105 43807 2091046 SH SOLE 28796 0 2062250 COGNIZANT TECH SOLUTIONS - A COM 192446102 26247 418612 SH SOLE 144587 0 274025 COLUMBUS MCKINNON CORP COM 199333105 24127 1530895 SH SOLE 1363980 0 166915 COMERICA INC COM 200340107 85000 2244512 SH DFND 2 324462 0 1920050 CONOCOPHILLIPS COM 20825C104 78162 1940954 SH SOLE 19929 0 1921025 CORNING INC COM 219350105 95857 4588670 SH DFND 1 3965195 0 623475 CUBIC CORP COM 229669106 32035 801665 SH SOLE 718056 0 83609 CVS HEALTH CORPORATION COM 126650100 54838 528659 SH SOLE 6434 0 522225 DANA HOLDING CORP COM 235825205 74721 5303153 SH DFND 2 2690379 0 2612774 DIAMONDROCK HOSPITALITY CO. COM 252784301 8255 815735 SH SOLE 733150 0 82585 DIODES INC. COM 254543101 33050 1644271 SH SOLE 1465146 0 179125 DOVER CORP COM 260003108 394662 6134956 SH DFND 1,2 2889614 0 3245342 EDISON INTERNATIONAL COM 281020107 114081 1586887 SH DFND 2 176587 0 1410300 ENDURANCE SPECIALTY HOLDINGS COM G30397106 52770 807616 SH SOLE 486891 0 320725 ENTERGY CORP COM 29364G103 63180 796919 SH SOLE 8145 0 788774 EPR PROPERTIES COM 26884U109 19205 288275 SH SOLE 0 0 288275 ESSENDANT INC COM 296689102 34707 1086985 SH SOLE 969210 0 117775 EXELON CORP COM 30161N101 21912 611055 SH SOLE 3537 0 607518 EVEREST RE GROUP LTD COM G3223R108 18092 91636 SH SOLE 611 0 91025 EXXON MOBIL CORP COM 30231G102 416327 4980581 SH DFND 1 1835148 0 3145433 FIFTH THIRD BANCORP COM 316773100 62063 3718600 SH SOLE 36375 0 3682225 FIRST MIDWEST BANCORP INC COM 320867104 29623 1643896 SH SOLE 1462646 0 181250 FLEXTRONICS INTERNATIONAL LTD COM Y2573F102 76847 6372016 SH DFND 2 1936834 0 4435182 FMC TECHNOLOGIES INC COM 30249U101 17449 637749 SH SOLE 274 0 637475 FORD MOTOR COMPANY COM 345370860 248852 18433504 SH DFND 1 8015429 0 10418075 FRANKLIN RESOURCES INC. COM 354613101 413839 10597669 SH DFND 1,2 5486386 0 5111283 GENERAL CABLE CORP DEL NE COM 369300108 20452 1675043 SH SOLE 1499443 0 175600 GENPACT LTD COM G3922B107 60708 2232720 SH DFND 2 652543 0 1580177 GENWORTH FINANCIAL INC CL A COM 37247D106 18764 6873293 SH SOLE 1639143 0 5234150 GIBRALTAR INDUSTRIES INC COM 374689107 40291 1408780 SH SOLE 1255068 0 153712 GOLDMAN SACHS GROUP INC COM 38141G104 289439 1843793 SH DFND 1 904393 0 939400 HALLIBURTON CO COM 406216101 126255 3534585 SH DFND 1 2552460 0 982125 HEWLETT PACKARD ENTERPRISE COMPANY COM 42824C109 369449 20837525 SH DFND 1,2 10208550 0 10628975 HOSPITALITY PROPERTIES TRUST COM 44106M102 15616 587962 SH SOLE 4162 0 583800 HP INC COM 40434L105 261037 21188101 SH DFND 1,2 10609976 0 10578125 ICICI BANK LTD COM 45104G104 931 130000 SH SOLE 130000 0 0 ICICI BANK LTD COM 45104G104 1053 147050 SH OTR 0 0 147050 INFOSYS LTD COM 456788108 2182 114700 SH OTR 0 0 114700 INSIGHT ENTERPRISES INC COM 45765U103 35063 1224273 SH SOLE 1092867 0 131406 INTEL CORPORATION COM 458140100 304273 9405645 SH DFND 1 4965395 0 4440250 INTERPUBLIC GROUP OF COS INC COM 460690100 280475 12221112 SH DFND 1,2 6059667 0 6161445 INVESCO LTD COM G491BT108 63824 2074213 SH DFND 2 265313 0 1808900 JABIL CIRCUIT INC COM 466313103 13778 714997 SH SOLE 3107 0 711890 JOHNSON & JOHNSON COM 478160104 128253 1185329 SH SOLE 166629 0 1018700 JP MORGAN CHASE & CO COM 46625H100 318489 5378062 SH DFND 1 2235237 0 3142825 KBR INC COM 48242W106 71863 4642323 SH DFND 2 2068519 0 2573804 KELLOGG COMPANY COM 487836108 85275 1113983 SH SOLE 151558 0 962425 KEY CORP COM 493267108 78004 7065553 SH DFND 2 1047478 0 6018075 KEY ENERGY SERVICES INC COM 492914106 2152 5825628 SH SOLE 5159878 0 665750 KKR & CO LP COM 48248M102 10213 695268 SH DFND 2 695268 0 0 KOHLS CORP COM 500255104 16303 349774 SH SOLE 6299 0 343475 L-3 COMMUNICATIONS COM 502424104 25300 213500 SH SOLE 2450 0 211050 LAMAR ADVERTISING CO -A COM 512816109 138633 2254188 SH DFND 2 772563 0 1481625 LEGG MASON INC COM 524901105 24505 706600 SH SOLE 66825 0 639775 MARATHON OIL CORP COM COM 565849106 25188 2261047 SH SOLE 72947 0 2188100 MASCO CORP COM 574599106 26628 846671 SH SOLE 12523 0 834148 MASONITE INTERNATIONAL CORP COM 575385109 46670 712522 SH SOLE 634347 0 78175 MATTHEWS INTL CORP - CL A COM 577128101 6598 128197 SH SOLE 114527 0 13670 MERCK & CO INC COM 58933Y105 48749 921365 SH SOLE 12090 0 909275 METLIFE INC COM 59156R108 273848 6232310 SH DFND 1 3136910 0 3095400 MICROSOFT CORP COM 594918104 226695 4104570 SH DFND 1 2024426 0 2080144 MONSTER WORLDWIDE INC COM 611742107 1253 384426 SH SOLE 336090 0 48336 MORGAN STANLEY COM 617446448 316354 12649083 SH DFND 1 6784242 0 5864841 MURPHY OIL CORP COM 626717102 272363 10812354 SH DFND 1,2 6136196 0 4676158 NATIONAL PENN BANCSHARES INC COM 637138108 27029 2540359 SH SOLE 2268359 0 272000 NEWS CORP - CLASS A COM 65249B109 374292 29310269 SH DFND 1,2 16521929 0 12788340 NEWS CORP - CLASS B COM 65249B208 61085 4610218 SH DFND 1 2164711 0 2445507 OMNICOM GROUP COM 681919106 387865 4660163 SH DFND 1,2 2222288 0 2437875 ON SEMICONDUCTOR CORP COM 682189105 124958 13030043 SH DFND 2 5776469 0 7253574 ORACLE CORP COM 68389X105 425957 10412043 SH DFND 1 5363580 0 5048463 OWENS & MINOR INC COM 690732102 18165 449414 SH SOLE 402198 0 47216 OWENS CORNING COM 690742101 19606 414675 SH DFND 2 85195 0 329480 PARKER HANNIFIN CORPORATION COM 701094104 436262 3927461 SH DFND 1,2 1745340 0 2182121 PETROLEO BRASILEIRO S.A. - ADR COM 71654V408 444 76100 SH SOLE 76100 0 0 PFIZER INC COM 717081103 64826 2187104 SH SOLE 416229 0 1770875 PG&E CORP COM 69331C108 18666 312561 SH SOLE 136 0 312425 PHH CORP COM 693320202 11640 928249 SH SOLE 823249 0 105000 PNC FINANCIAL SERVICES COM 693475105 186309 2203011 SH DFND 1 1244888 0 958123 POPULAR INC. COM 733174700 5402 188830 SH SOLE 188830 0 0 POSCO COM 693483109 819 17300 SH SOLE 17300 0 0 PRIMERICA INC COM 74164M108 10175 228490 SH SOLE 203516 0 24974 PROCTER & GAMBLE COMPANY COM 742718109 10970 133274 SH SOLE 133274 0 0 PROGRESSIVE CORP COM 743315103 17439 496260 SH SOLE 1035 0 495225 QUALCOMM INC COM 747525103 45371 887191 SH SOLE 15641 0 871550 REGIONS FINL CORP COM 7591EP100 242971 30951769 SH DFND 1,2 13995669 0 16956100 RENT A CENTER INC COM 76009N100 28265 1783256 SH SOLE 1587931 0 195325 ROWAN COMPANIES PLC - A COM G7665A101 16047 996725 SH SOLE 0 0 996725 ROYAL DUTCH SHELL PLC ADR COM 780259206 485448 10019575 SH DFND 1 4613092 0 5406483 SCANSOURCE INC COM 806037107 17679 437819 SH SOLE 391406 0 46413 SCHNITZER STEEL INDS INC - A COM 806882106 18841 1021731 SH SOLE 910606 0 111125 SEAGATE TECHNOLOGY COM G7945M107 337757 9804268 SH DFND 1,2 4846391 0 4957877 SHINHAN FINANCIAL GROUP - ADR COM 824596100 1135 32225 SH SOLE 32225 0 0 STANLEY BLACK & DECKER INC COM 854502101 251267 2388244 SH DFND 1 917819 0 1470425 STAPLES INC COM 855030102 379008 34361523 SH DFND 1,2 17801123 0 16560400 STATE STREET CORP COM 857477103 191904 3279296 SH DFND 1 1624971 0 1654325 STONERIDGE INC COM 86183P102 31143 2138971 SH SOLE 1902146 0 236825 SUPERIOR ENERGY SERVICES INC COM 868157108 68509 5116467 SH DFND 2 2325492 0 2790975 SYNOVUS FINANCIAL CORP COM 87161C501 44316 1532901 SH SOLE 989938 0 542963 TAIWAN SEMICONDUCTOR - SP ADR COM 874039100 4126 157475 SH OTR 0 0 157475 TAIWAN SEMICONDUCTOR - SP ADR COM 874039100 8169 311803 SH SOLE 311803 0 0 TCF FINANCIAL CORP COM 872275102 18888 1540587 SH SOLE 1374562 0 166025 TECH DATA CORP COM 878237106 18287 238205 SH SOLE 210505 0 27700 TE CONNECTIVITY LTD. COM H84989104 54215 875559 SH SOLE 10549 0 865010 TELEFONICA BRASIL - ADR COM 87936R106 3578 286500 SH OTR 0 0 286500 TELEFONICA BRASIL - ADR COM 87936R106 57901 4635777 SH SOLE 1715272 0 2920505 TEREX CORP COM 880779103 119543 4804769 SH DFND 2 1978779 0 2825990 TETRA TECH INC COM 88162G103 32585 1092735 SH SOLE 973585 0 119150 THE HARTFORD FINANCIAL SERVICES GROUP INC COM 416515104 14487 314390 SH SOLE 590 0 313800 TORCHMARK CORP COM 891027104 51257 946406 SH DFND 2 210473 0 735933 TRIMAS CORP COM 896215209 9506 542568 SH SOLE 485743 0 56825 TRIPLE-S MANAGEMENT CORP-B COM 896749108 35242 1417632 SH SOLE 1265227 0 152405 TUTOR PERINI CORP COM 901109108 936 60200 SH SOLE 54125 0 6075 UBS GROUP AG COM H42097107 194510 12141704 SH DFND 1 6050546 0 6091158 UNIVERSAL CORP COM 913456109 28594 503326 SH SOLE 465226 0 38100 VALIDUS HOLDINGS LTD COM G9319H102 33041 700180 SH DFND 2 158255 0 541925 VOYA FINANCIAL INC. COM 929089100 344242 11563391 SH DFND 1,2 5280976 0 6282415 WAL-MART STORES COM 931142103 391404 5714764 SH DFND 1 2963289 0 2751475 WEBSTER FINANCIAL CORP. COM 947890109 62541 1742097 SH DFND 2 970918 0 771179 WELLS FARGO CO COM 949746101 77031 1592870 SH SOLE 456720 0 1136150 WILLIS TOWERS WATSON PLC COM G96629103 148445 1251011 SH DFND 2 493954 0 757057 WSFS FINANCIAL CORP COM 929328102 19100 587338 SH SOLE 520827 0 66511 XL GROUP PLC COM G98290102 188523 5122904 SH SOLE 2074112 0 3048792