0001140361-23-004425.txt : 20230203 0001140361-23-004425.hdr.sgml : 20230203 20230203160335 ACCESSION NUMBER: 0001140361-23-004425 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20221231 FILED AS OF DATE: 20230203 DATE AS OF CHANGE: 20230203 EFFECTIVENESS DATE: 20230203 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: 23585699 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 X0202 13F-HR LIVE 0001027796 XXXXXXXX 12-31-2022 12-31-2022 false PZENA INVESTMENT MANAGEMENT LLC
320 PARK AVENUE, 8TH FLOOR NEW YORK NY 10022
13F HOLDINGS REPORT 028-03791 N
Steven Coffey Chief Legal Risk Officer & Chief Compliance Officer (212)355-1600 /s/ Steven Coffey New York NY 02-03-2023 2 186 22606303662 1 0001376113 028-12230 ALPS ADVISORS INC 2 0001692234 028-17598 Russell Investments Group, Ltd.
INFORMATION TABLE 2 informationtable.xml ADIENT PLC COM G0084W101 46923082 1352640 SH SOLE 953573 0 399067 ALIBABA GROUP HOLDING LTD. SPON ADR COM 01609W102 3946344 44799 SH SOLE 42534 0 2265 AMBEV SA SPON ADR COM 02319V103 30999913 11397027 SH SOLE 8103585 0 3293442 AMDOCS LIMITED COM G02602103 460074988 5061331 SH DFND 1 4122815 0 938516 AMERICAN EQUITY INVESTMENT LIFE HOLDING COMPANY COM 025676206 45486288 997069 SH SOLE 700200 0 296869 AMERICAN INTERNATIONAL GROUP INC. COM 026874784 618546899 9780944 SH DFND 1 8463425 0 1317519 AMERICAN WOODMARK CORPORATION COM 030506109 40954354 838198 SH SOLE 578774 0 259424 AMGEN INC. COM 031162100 133848173 509626 SH SOLE 358453 0 151173 ARCELORMITTAL SA ADR COM 03938L203 678862 25891 SH SOLE 25891 0 0 ARGO GROUP INTERNATIONAL HOLDINGS LTD. COM G0464B107 48906623 1891939 SH SOLE 1365993 0 525946 ARROW ELECTRONICS INC. COM 042735100 24422010 233547 SH SOLE 233547 0 0 ASSOCIATED BANC-CORP COM 045487105 71813387 3110151 SH SOLE 2269471 0 840680 AVNET INC. COM 053807103 385970633 9282603 SH SOLE 7013480 0 2269123 AXALTA COATING SYSTEMS LTD. COM G0750C108 118354989 4646839 SH SOLE 3968986 0 677853 AXIS CAPITAL HOLDINGS LIMITED COM G0692U109 300313334 5543905 SH DFND 1 4951774 0 592131 BAIDU INC. SPON ADR CLASS A COM 056752108 8210768 71785 SH OTR 0 0 71785 BAIDU INC. SPON ADR CLASS A COM 056752108 62547216 546837 SH SOLE 369219 0 177618 BAKER HUGHES COMPANY CLASS A COM 05722G100 224812 7613 SH SOLE 7613 0 0 BANK OF AMERICA CORP COM 060505104 300452286 9071627 SH DFND 1 8265799 0 805828 BARCLAYS PLC SPON ADR COM 06738E204 753386 96588 SH SOLE 44888 0 51700 BELDEN INC. COM 077454106 79637662 1107617 SH SOLE 808394 0 299223 BOOKING HOLDINGS INC. COM 09857L108 313180558 155403 SH DFND 1 137896 0 17507 BRISTOL-MYERS SQUIBB COMPANY COM 110122108 277768155 3860572 SH DFND 1 3146449 0 714123 BUNGE LIMITED COM G16962105 576072 5774 SH SOLE 5774 0 0 CACI INTERNATIONAL INC CLASS A COM 127190304 750573 2497 SH SOLE 2497 0 0 CAPITAL ONE FINANCIAL CORPORATION COM 14040H105 555180825 5972255 SH DFND 1 5186184 0 786071 CARDINAL HEALTH INC. COM 14149Y108 195830322 2547552 SH DFND 1 2459373 0 88179 CBRE GROUP INC. CLASS A COM 12504L109 51793464 672992 SH SOLE 672992 0 0 CELESTICA INC. COM 15101Q108 69744891 6188544 SH SOLE 4757532 0 1431012 CHINA CONSTRUCTION BANK CORPORATION UNSPON ADR COM 168919108 1532131 123360 SH SOLE 123360 0 0 CIGNA CORPORATION COM 125523100 142845975 431116 SH SOLE 354974 0 76142 CISCO SYSTEMS INC. COM 17275R102 28036521 588508 SH SOLE 588508 0 0 CITIGROUP INC. COM 172967424 730611452 16153249 SH DFND 1 13788368 0 2364881 CNO FINANCIAL GROUP INC. COM 12621E103 174291048 7627617 SH SOLE 6384853 0 1242764 COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION CLASS A COM 192446102 992685662 17357679 SH DFND 1 14086171 0 3271508 COMCAST CORPORATION CLASS A COM 20030N101 551267 15764 SH SOLE 15764 0 0 COMPANHIA ENERGETICA DE MINAS GERAIS SA SPON ADR COM 204409601 3506238 1727211 SH SOLE 1727211 0 0 CREDICORP LTD. COM G2519Y108 11381060 83894 SH OTR 0 0 83894 CREDICORP LTD. COM G2519Y108 70041936 516305 SH SOLE 311250 0 205055 CREDIT SUISSE GROUP AG SPON ADR COM 225401108 115100 37862 SH SOLE 37862 0 0 DANA INCORPORATED COM 235825205 78783665 5207116 SH SOLE 3693742 0 1513374 DAVITA INC. COM 23918K108 171592 2298 SH SOLE 2298 0 0 DELL TECHNOLOGIES INC CLASS C COM 24703L202 200255 4979 SH SOLE 4979 0 0 DIAMONDROCK HOSPITALITY COMPANY COM 252784301 51704739 6313155 SH SOLE 5113676 0 1199479 DONGFENG MOTOR GROUP CO. LTD. UNSPON ADR CLASS H COM 257738203 707161 24640 SH SOLE 24640 0 0 DOW INC. COM 260557103 530908536 10535990 SH DFND 1 9804435 0 731555 EBAY INC. COM 278642103 257404 6207 SH SOLE 6207 0 0 EDISON INTERNATIONAL COM 281020107 866497084 13619885 SH DFND 1 11626391 0 1993494 ELEVANCE HEALTH INC COM 036752103 98336349 191700 SH SOLE 191700 0 0 ENERPAC TOOL GROUP CORP CLASS A COM 292765104 86480602 3398059 SH SOLE 2956020 0 442039 ENTERGY CORPORATION COM 29364G103 12439125 110570 SH SOLE 110570 0 0 EQUITABLE HOLDINGS INC. COM 29452E101 648785570 22605769 SH DFND 1 20131581 0 2474188 EXELIXIS INC. COM 30161Q104 812378 50647 SH SOLE 50647 0 0 EXXON MOBIL CORPORATION COM 30231G102 99828118 905060 SH SOLE 905060 0 0 FIDELITY NATIONAL FINANCIAL INC. - FNF GROUP COM 31620R303 39255454 1043473 SH SOLE 979606 0 63867 FIFTH THIRD BANCORP COM 316773100 43945320 1339388 SH SOLE 1339388 0 0 FLEX LTD. COM Y2573F102 17246136 803641 SH OTR 0 0 803641 FLEX LTD. COM Y2573F102 91241611 4251706 SH SOLE 2686357 0 1565349 FORD MOTOR COMPANY COM 345370860 173996 14961 SH SOLE 14961 0 0 FORTUNE BRANDS INNOVATIONS INC. COM 34964C106 44687033 782473 SH SOLE 752579 0 29894 FRESENIUS MEDICAL CARE AG & CO. KGAA SPON ADR COM 358029106 397588017 24332192 SH DFND 1 23564737 0 767455 GALAXY ENTERTAINMENT GROUP LIMITED UNSPON ADR COM 36318L203 4240212 124859 SH SOLE 124859 0 0 GAP INC. COM 364760108 122473683 10857596 SH SOLE 9164405 0 1693191 GENERAL DYNAMICS CORPORATION COM 369550108 85721757 345499 SH SOLE 345499 0 0 GENERAL ELECTRIC COMPANY COM 369604301 1106272834 13202922 SH DFND 1 11345336 0 1857586 GENPACT LIMITED COM G3922B107 23399660 505174 SH SOLE 505174 0 0 GILDAN ACTIVEWEAR INC. COM 375916103 315503218 11514716 SH DFND 1 11065244 0 449472 GLOBE LIFE INC. COM 37959E102 31571804 261898 SH SOLE 261898 0 0 GMS INC. COM 36251C103 50269514 1009428 SH SOLE 726485 0 282943 GOLDMAN SACHS GROUP INC. COM 38141G104 186943626 544422 SH DFND 1 521609 0 22813 HALLIBURTON COMPANY COM 406216101 310624375 7893885 SH DFND 1 7514974 0 378911 HALOZYME THERAPEUTICS INC. COM 40637H109 825448 14507 SH SOLE 14507 0 0 HENRY SCHEIN INC. COM 806407102 39333180 492465 SH SOLE 492465 0 0 HEWLETT PACKARD ENTERPRISE CO. COM 42824C109 469004837 29386268 SH DFND 1 25289555 0 4096713 HON HAI PRECISION INDUSTRY CO. LTD. SPON GDR 144A COM 438090888 3874832 596073 SH SOLE 596073 0 0 HONDA MOTOR CO. LTD. SPON ADR COM 438128308 148841 6511 SH SOLE 6511 0 0 HOOKER FURNISHINGS CORPORATION COM 439038100 29795720 1593354 SH SOLE 1289897 0 303457 HOPE BANCORP INC. COM 43940T109 41909209 3271601 SH SOLE 2414671 0 856930 HOULIHAN LOKEY INC. CLASS A COM 441593100 223217 2561 SH SOLE 2561 0 0 HSBC HOLDINGS PLC SPON ADR COM 404280406 674988 21662 SH SOLE 21662 0 0 IAC INC COM 44891N208 497591 11207 SH SOLE 11207 0 0 ICICI BANK LIMITED SPON ADR COM 45104G104 14000888 639602 SH OTR 0 0 639602 ICICI BANK LIMITED SPON ADR COM 45104G104 16167845 738595 SH SOLE 717826 0 20769 ICON PLC COM G4705A100 403457 2077 SH SOLE 2077 0 0 ING GROEP NV SPON ADR COM 456837103 776860 63834 SH SOLE 63834 0 0 INGREDION INCORPORATED COM 457187102 820458 8378 SH SOLE 8378 0 0 INTEL CORPORATION COM 458140100 382654 14478 SH SOLE 14478 0 0 INTERPUBLIC GROUP OF COMPANIES INC. COM 460690100 36959943 1109575 SH SOLE 465836 0 643739 INVESCO LTD. COM G491BT108 47458951 2638074 SH SOLE 2638074 0 0 IPG PHOTONICS CORPORATION COM 44980X109 362113 3825 SH SOLE 3825 0 0 ITAU UNIBANCO HOLDING S.A. SPON ADR PFD COM 465562106 1619034 343744 SH SOLE 343744 0 0 ITURAN LOCATION AND CONTROL LTD. COM M6158M104 562586 26625 SH SOLE 26625 0 0 JELD-WEN HOLDING INC. COM 47580P103 83808426 8684811 SH SOLE 6946351 0 1738460 JOHNSON & JOHNSON COM 478160104 111996807 634004 SH SOLE 634004 0 0 JPMORGAN CHASE & CO. COM 46625H100 256772669 1914785 SH DFND 1 1816462 0 98323 JUNIPER NETWORKS INC. COM 48203R104 51920234 1624538 SH SOLE 1624538 0 0 KB FINANCIAL GROUP INC. SPON ADR COM 48241A105 1295961 33522 SH SOLE 33522 0 0 KEYCORP COM 493267108 57614594 3307382 SH SOLE 3307382 0 0 KOPPERS HOLDINGS INC. COM 50060P106 14192947 503296 SH SOLE 385088 0 118208 LABORATORY CORPORATION OF AMERICA HOLDINGS COM 50540R409 418919 1779 SH SOLE 1779 0 0 LANDSTAR SYSTEM INC. COM 515098101 759929 4665 SH SOLE 4665 0 0 LEAR CORPORATION COM 521865204 851463279 6865532 SH DFND 1 5945234 0 920298 LENOVO GROUP LIMITED SPON ADR COM 526250105 1733204 107054 SH SOLE 107054 0 0 LPL FINANCIAL HOLDINGS INC. COM 50212V100 742328 3434 SH SOLE 3434 0 0 MAGNA INTERNATIONAL INC. COM 559222401 230157381 4096785 SH DFND 1 3778705 0 318080 MARKEL CORPORATION COM 570535104 296435 225 SH SOLE 225 0 0 MASONITE INTERNATIONAL CORP. COM 575385109 66947572 830512 SH SOLE 579915 0 250597 MASTEC INC. COM 576323109 74456483 872571 SH SOLE 769010 0 103561 MASTERBRAND INC COM 57638P104 5886350 779649 SH SOLE 749755 0 29894 MCKESSON CORPORATION COM 58155Q103 365193575 973538 SH DFND 1 768951 0 204587 MDU RESOURCES GROUP INC COM 552690109 23722694 781895 SH SOLE 781895 0 0 META PLATFORMS INC. CLASS A COM 30303M102 754291 6268 SH SOLE 6268 0 0 METLIFE INC. COM 59156R108 308436960 4261945 SH DFND 1 4031589 0 230356 MOHAWK INDUSTRIES INC. COM 608190104 206627610 2021401 SH DFND 1 1954104 0 67297 MOOG INC. CLASS A COM 615394202 28923414 329574 SH SOLE 256013 0 73561 MORGAN STANLEY COM 617446448 64501103 758658 SH SOLE 752227 0 6431 MOTORCAR PARTS OF AMERICA INC. COM 620071100 18710549 1577618 SH SOLE 1195593 0 382025 MRC GLOBAL INC. COM 55345K103 62790720 5422342 SH SOLE 4095913 0 1326429 MSC INDUSTRIAL DIRECT CO. INC. CLASS A COM 553530106 37393436 457692 SH SOLE 457692 0 0 NATWEST GROUP PLC SPON ADR COM 639057207 377464 58431 SH SOLE 58431 0 0 NEWELL BRANDS INC COM 651229106 619490761 47361679 SH DFND 1 41047785 0 6313894 NOKIA OYJ SPON ADR COM 654902204 1359288 292950 SH SOLE 292950 0 0 NOV INC COM 62955J103 617694593 29568913 SH DFND 1 24818753 0 4750160 NRG ENERGY INC. COM 629377508 265761404 8352024 SH DFND 1 7998950 0 353074 NVR INC. COM 62944T105 290593 63 SH SOLE 63 0 0 OIL COMPANY LUKOIL PJSC SPON ADR COM 69343P105 454 45362 SH SOLE 45362 0 0 OLD NATIONAL BANCORP COM 680033107 73863656 4108101 SH SOLE 3027909 0 1080192 OLIN CORPORATION COM 680665205 139113138 2627751 SH SOLE 2310226 0 317525 OMNICOM GROUP INC COM 681919106 228722 2804 SH SOLE 2804 0 0 ORACLE CORPORATION COM 68389X105 167054408 2043729 SH SOLE 1538221 0 505508 ORION ENGINEERED CARBONS SA COM L72967109 77358750 4343557 SH SOLE 3112662 0 1230895 PACIFIC BASIN SHIPPING LIMITED UNSPON ADR COM 69402P103 3322064 497315 SH SOLE 497315 0 0 PFIZER INC. COM 717081103 141413843 2759833 SH DFND 1 2664327 0 95506 PHIBRO ANIMAL HEALTH CORPORATION CLASS A COM 71742Q106 26407455 1969236 SH SOLE 1507967 0 461269 POSCO HOLDINGS INC. SPON ADR COM 693483109 4008066 73583 SH SOLE 73583 0 0 PVH CORP. COM 693656100 521406400 7386406 SH DFND 1 6001709 0 1384697 QORVO INC. COM 74736K101 521271 5751 SH SOLE 5751 0 0 REGIONS FINANCIAL CORPORATION COM 7591EP100 52739662 2446181 SH SOLE 2446181 0 0 REINSURANCE GROUP OF AMERICA INCORPORATED COM 759351604 55866804 393179 SH SOLE 385310 0 7869 REV GROUP INC. COM 749527107 48372776 3833025 SH SOLE 2775628 0 1057397 SAMSUNG ELECTRONICS CO. LTD. SPON GDR COM 796050888 4808410 4398 SH SOLE 4398 0 0 SASOL LIMITED SPON ADR COM 803866300 3146477 200285 SH SOLE 200285 0 0 SCANSOURCE INC. COM 806037107 45035471 1541255 SH SOLE 1185114 0 356141 SEABOARD CORPORATION COM 811543107 536080 142 SH SOLE 142 0 0 SHELL PLC COM 780259305 156616088 2750063 SH DFND 1 2685476 0 64587 SHINHAN FINANCIAL GROUP CO. LTD. SPON ADR COM 824596100 24155987 864876 SH SOLE 819506 0 45370 SIAM COMMERCIAL BANK PUBLIC COMPANY LTD UNSPON ADR COM 825715105 916762 180465 SH SOLE 180465 0 0 SIRIUS XM HOLDINGS INC. COM 82968B103 315599 54041 SH SOLE 54041 0 0 SKECHERS U.S.A. INC. CLASS A COM 830566105 315570595 7522541 SH DFND 1 7194409 0 328132 SKYWORKS SOLUTIONS INC. COM 83088M102 271567 2980 SH SOLE 2980 0 0 SNAP-ON INCORPORATED COM 833034101 12838168 56187 SH SOLE 56187 0 0 SPECTRUM BRANDS HOLDINGS INC. COM 84790A105 60075344 986135 SH SOLE 801012 0 185123 SS&C TECHNOLOGIES HOLDINGS INC. COM 78467J100 657827973 12635958 SH SOLE 11036570 0 1599388 STANDARD CHARTERED PLC UNSPON ADR COM 853254100 3614837 242119 SH SOLE 242119 0 0 STEELCASE INC. CLASS A COM 858155203 74995152 10607518 SH SOLE 7846070 0 2761448 SUMITOMO MITSUI FINANCIAL GROUP INC. SPON ADR COM 86562M209 217775 27154 SH SOLE 27154 0 0 TAIWAN SEMICONDUCTOR MANUFACTURING SPON ADR COM 874039100 25230508 338710 SH OTR 0 0 338710 TAIWAN SEMICONDUCTOR MANUFACTURING SPON ADR COM 874039100 31010038 416298 SH SOLE 406098 0 10200 TECHNIP ENERGIES NV ADR COM 87854Y109 19247507 1230659 SH SOLE 1017139 0 213520 TECHNIPFMC PLC COM G87110105 89897934 7374728 SH SOLE 4205369 0 3169359 TEREX CORPORATION COM 880779103 175375297 4105227 SH SOLE 3571241 0 533986 TESCO PLC SPON ADR COM 881575401 1319989 163264 SH SOLE 84980 0 78284 TEXTRON INC. COM 883203101 38155394 538918 SH SOLE 538918 0 0 T-MOBILE US INC. COM 872590104 823900 5885 SH SOLE 5885 0 0 TRAVELERS COMPANIES INC. COM 89417E109 816331 4354 SH SOLE 4354 0 0 TRIMAS CORPORATION COM 896215209 53660644 1934414 SH SOLE 1514186 0 420228 TRIP.COM GROUP LTD. SPON ADR COM 89677Q107 22344589 649552 SH OTR 0 0 649552 TRIP.COM GROUP LTD. SPON ADR COM 89677Q107 310567672 9028130 SH SOLE 4581890 0 4446240 TRUEBLUE INC. COM 89785X101 43190191 2205832 SH SOLE 1698584 0 507248 UBS GROUP AG COM H42097107 81345134 4356997 SH DFND 1 4125822 0 231175 UMPQUA HOLDINGS CORPORATION COM 904214103 58872513 3298180 SH SOLE 2463414 0 834766 UNIVERSAL CORP COM 913456109 38471504 728489 SH SOLE 583737 0 144752 UNIVEST FINANCIAL CORPORATION COM 915271100 42891402 1641462 SH SOLE 1232586 0 408876 USANA HEALTH SCIENCES INC. COM 90328M107 38138069 716881 SH SOLE 494757 0 222124 VAREX IMAGING CORPORATION COM 92214X106 24158340 1190066 SH SOLE 854885 0 335181 VERIZON COMMUNICATIONS INC. COM 92343V104 9161879 232535 SH SOLE 232535 0 0 VODAFONE GROUP PLC SPON ADR COM 92857W308 132127 13056 SH SOLE 13056 0 0 VOLKSWAGEN AG UNSPON ADR PFD COM 928662501 1046420 84525 SH SOLE 44811 0 39714 VORNADO REALTY TRUST COM 929042109 14924786 717193 SH SOLE 717193 0 0 VOYA FINANCIAL INC. COM 929089100 256596663 4172982 SH DFND 1 3999018 0 173964 VTECH HOLDINGS LIMITED UNSPON ADR COM 928929207 882605 139730 SH SOLE 139730 0 0 WEBSTER FINANCIAL CORPORATION COM 947890109 103961433 2196059 SH SOLE 1798917 0 397142 WELLS FARGO & COMPANY COM 949746101 731279634 17710817 SH DFND 1 15116605 0 2594212 WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION COM 929740108 778854659 7803373 SH DFND 1 6792154 0 1011219 WILMAR INTERNATIONAL LIMITED UNSPON ADR COM 971433107 2678914 86162 SH SOLE 86162 0 0 WSFS FINANCIAL CORPORATION COM 929328102 49793113 1098216 SH SOLE 835297 0 262919