Chief Legal Risk Officer & Chief Compliance Officer

0001140361-23-024367.txt : 20230512 0001140361-23-024367.hdr.sgml : 20230512 20230512160111 ACCESSION NUMBER: 0001140361-23-024367 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230331 FILED AS OF DATE: 20230512 DATE AS OF CHANGE: 20230512 EFFECTIVENESS DATE: 20230512 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: 23915418 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 03-31-2023 03-31-2023 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 05-12-2023 3 168 23180277228 1 0001376113 028-12230 ALPS ADVISORS INC 2 0001966440 NATIONAL MUTUAL FUNDS MANAGEMENT LTD 3 0001692234 028-17598 Russell Investments Group, Ltd. INFORMATION TABLE 2 informationtable.xml ACUITY BRANDS INC. Common Stocks 00508Y102 37284412 204041 SH SOLE 200545 0 3496 ADIENT PLC Common Stocks G0084W101 51952640 1268375 SH SOLE 881288 0 387087 ALIBABA GROUP HOLDING LTD. SPON ADR Common Stocks 01609W102 4468740 43734 SH DFND 2 38401 0 5333 AMBEV SA SPON ADR Common Stocks 02319V103 45623632 16178593 SH DFND 2 8727041 0 7451552 AMDOCS LIMITED Common Stocks G02602103 458653108 4776144 SH DFND 1 3753407 0 1022737 AMERICAN EQUITY INVESTMENT LIFE HOLDING COMPANY Common Stocks 025676206 44409863 1217042 SH SOLE 859254 0 357788 AMERICAN INTERNATIONAL GROUP INC. Common Stocks 026874784 479440092 9520256 SH DFND 1,2 8089019 0 1431237 AMERICAN WOODMARK CORPORATION Common Stocks 030506109 48013122 922088 SH SOLE 636463 0 285625 AMGEN INC. Common Stocks 031162100 125044704 517248 SH SOLE 348491 0 168757 ARCELORMITTAL SA ADR Common Stocks 03938L203 754536 25051 SH DFND 2 1627 0 23424 ARGO GROUP INTERNATIONAL HOLDINGS LTD. Common Stocks G0464B107 48367192 1651321 SH SOLE 1146079 0 505242 ARROW ELECTRONICS INC. Common Stocks 042735100 29160142 233524 SH SOLE 233524 0 0 ASSOCIATED BANC-CORP Common Stocks 045487105 53541743 2977850 SH SOLE 2137170 0 840680 AVNET INC. Common Stocks 053807103 413571412 9149810 SH DFND 2 6744759 0 2405051 AXALTA COATING SYSTEMS LTD. Common Stocks G0750C108 134010563 4424251 SH SOLE 3823823 0 600428 AXIS CAPITAL HOLDINGS LIMITED Common Stocks G0692U109 279617215 5128709 SH DFND 1 4568560 0 560149 BAIDU INC. SPON ADR CLASS A Common Stocks 056752108 37212495 246571 SH SOLE 213571 0 33000 BANK OF AMERICA CORP Common Stocks 060505104 273560888 9565066 SH DFND 1 8321228 0 1243838 BARCLAYS PLC SPON ADR Common Stocks 06738E204 746674 103849 SH DFND 2 3548 0 100301 BELDEN INC. Common Stocks 077454106 72425010 834678 SH SOLE 603221 0 231457 BOOKING HOLDINGS INC. Common Stocks 09857L108 388241209 146373 SH DFND 1 119937 0 26436 BRISTOL-MYERS SQUIBB COMPANY Common Stocks 110122108 312711818 4511785 SH DFND 1 3339118 0 1172667 BUNGE LIMITED Common Stocks G16962105 353328 3699 SH SOLE 3699 0 0 CACI INTERNATIONAL INC CLASS A Common Stocks 127190304 453012 1529 SH SOLE 1529 0 0 CAPITAL ONE FINANCIAL CORPORATION Common Stocks 14040H105 672447072 6993002 SH DFND 1,2 6146325 0 846677 CARDINAL HEALTH INC. Common Stocks 14149Y108 159534671 2113042 SH DFND 1 2060876 0 52166 CBRE GROUP INC. CLASS A Common Stocks 12504L109 49018750 673242 SH SOLE 673242 0 0 CELESTICA INC. Common Stocks 15101Q108 75159193 5826294 SH SOLE 4395282 0 1431012 CHARTER COMMUNICATIONS INC. CLASS A Common Stocks 16119P108 210466717 588537 SH DFND 1 445847 0 142690 CIGNA GROUP Common Stocks 125523100 144203245 564330 SH SOLE 395688 0 168642 CISCO SYSTEMS INC. Common Stocks 17275R102 30569218 584777 SH SOLE 584777 0 0 CITIGROUP INC. Common Stocks 172967424 769978861 16420961 SH DFND 1,2 13886991 0 2533970 CNO FINANCIAL GROUP INC. Common Stocks 12621E103 166316602 7495115 SH SOLE 6295453 0 1199662 COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION CLASS A Common Stocks 192446102 1075866357 17657416 SH DFND 1,2 13999357 0 3658059 COLUMBIA BANKING SYSTEM INC. Common Stocks 197236102 40277375 1880363 SH SOLE 1383012 0 497351 COMCAST CORPORATION CLASS A Common Stocks 20030N101 369092 9736 SH SOLE 9736 0 0 COMERICA INCORPORATED Common Stocks 200340107 18436393 424606 SH SOLE 424606 0 0 COMPANHIA ENERGETICA DE MINAS GERAIS SA SPON ADR Common Stocks 204409601 3984089 1778611 SH SOLE 1778611 0 0 CREDICORP LTD. Common Stocks G2519Y108 13943844 105324 SH OTR 0 0 105324 CREDICORP LTD. Common Stocks G2519Y108 89119652 673160 SH SOLE 390960 0 282200 DANA INCORPORATED Common Stocks 235825205 75740750 5032608 SH SOLE 3519234 0 1513374 DIAMONDROCK HOSPITALITY COMPANY Common Stocks 252784301 49937720 6142401 SH SOLE 4942922 0 1199479 DOCUSIGN INC. Common Stocks 256163106 273835 4697 SH SOLE 4697 0 0 DOW INC. Common Stocks 260557103 816884277 14901209 SH DFND 1,2 12943323 0 1957886 EDISON INTERNATIONAL Common Stocks 281020107 987846484 13994142 SH DFND 1,2 11802180 0 2191962 ELEVANCE HEALTH INC Common Stocks 036752103 88220526 191863 SH SOLE 191863 0 0 ENERPAC TOOL GROUP CORP CLASS A Common Stocks 292765104 63035439 2471978 SH SOLE 2210865 0 261113 ENTERGY CORPORATION Common Stocks 29364G103 11912812 110570 SH SOLE 110570 0 0 EQUITABLE HOLDINGS INC. Common Stocks 29452E101 596162075 23480192 SH DFND 1,2 20759592 0 2720600 EXELIXIS INC. Common Stocks 30161Q104 563104 29011 SH SOLE 29011 0 0 EXXON MOBIL CORPORATION Common Stocks 30231G102 99252718 905095 SH SOLE 905095 0 0 FIDELITY NATIONAL FINANCIAL INC. - FNF GROUP Common Stocks 31620R303 41599569 1190941 SH SOLE 1148891 0 42050 FIFTH THIRD BANCORP Common Stocks 316773100 36056148 1353459 SH SOLE 1353459 0 0 FLEX LTD. Common Stocks Y2573F102 8899025 386746 SH OTR 0 0 386746 FLEX LTD. Common Stocks Y2573F102 64530533 2804456 SH SOLE 1659581 0 1144875 FORTUNE BRANDS INNOVATIONS INC. Common Stocks 34964C106 45503241 774787 SH SOLE 749597 0 25190 FRESENIUS MEDICAL CARE AG & CO. KGAA SPON ADR Common Stocks 358029106 425733158 20025078 SH DFND 1,2 19400108 0 624970 GALAXY ENTERTAINMENT GROUP LIMITED UNSPON ADR Common Stocks 36318L203 4311099 127059 SH DFND 2 109859 0 17200 GAP INC. Common Stocks 364760108 106862206 10643646 SH SOLE 8989362 0 1654284 GE HEALTHCARE TECHNOLOGIES INC Common Stocks 36266G107 297428886 3625855 SH DFND 1,2 2964971 0 660884 GENERAL DYNAMICS CORPORATION Common Stocks 369550108 78681787 344778 SH SOLE 344778 0 0 GENERAL ELECTRIC COMPANY Common Stocks 369604301 1155622934 12088106 SH DFND 1,2 10129832 0 1958274 GENPACT LIMITED Common Stocks G3922B107 23349142 505174 SH SOLE 505174 0 0 GILDAN ACTIVEWEAR INC. Common Stocks 375916103 369849413 11143399 SH DFND 1 10743182 0 400217 GILEAD SCIENCES INC. Common Stocks 375558103 298194 3594 SH SOLE 3594 0 0 GLOBE LIFE INC. Common Stocks 37959E102 51686626 469793 SH SOLE 469793 0 0 GMS INC. Common Stocks 36251C103 54730422 945421 SH SOLE 671796 0 273625 GOLDMAN SACHS GROUP INC. Common Stocks 38141G104 168259496 514382 SH DFND 1 493426 0 20956 HALLIBURTON COMPANY Common Stocks 406216101 226514620 7159122 SH DFND 1 6987732 0 171390 HALOZYME THERAPEUTICS INC. Common Stocks 40637H109 351959 9216 SH SOLE 9216 0 0 HENRY SCHEIN INC. Common Stocks 806407102 40401928 495486 SH SOLE 495486 0 0 HEWLETT PACKARD ENTERPRISE CO. Common Stocks 42824C109 208417654 13083343 SH DFND 2 9823685 0 3259658 HOOKER FURNISHINGS CORPORATION Common Stocks 439038100 28006215 1539649 SH SOLE 1236192 0 303457 HOPE BANCORP INC. Common Stocks 43940T109 24281109 2472618 SH SOLE 1762588 0 710030 HSBC HOLDINGS PLC SPON ADR Common Stocks 404280406 676969 19835 SH DFND 2 1296 0 18539 HUMANA INC. Common Stocks 444859102 231079 476 SH SOLE 476 0 0 ICICI BANK LIMITED SPON ADR Common Stocks 45104G104 13802611 639602 SH OTR 0 0 639602 ICICI BANK LIMITED SPON ADR Common Stocks 45104G104 15857372 734818 SH SOLE 714049 0 20769 ING GROEP NV SPON ADR Common Stocks 456837103 689172 58060 SH DFND 2 3992 0 54068 INGREDION INCORPORATED Common Stocks 457187102 514042 5053 SH SOLE 5053 0 0 INTEL CORPORATION Common Stocks 458140100 240419 7359 SH SOLE 7359 0 0 INVESCO LTD. Common Stocks G491BT108 43859537 2674362 SH SOLE 2674362 0 0 ITAU UNIBANCO HOLDING S.A. SPON ADR PFD Common Stocks 465562106 1415349 290626 SH SOLE 290626 0 0 ITURAN LOCATION AND CONTROL LTD. Common Stocks M6158M104 609775 27997 SH SOLE 27997 0 0 JELD-WEN HOLDING INC. Common Stocks 47580P103 103326995 8161690 SH SOLE 6649863 0 1511827 JOHNSON & JOHNSON Common Stocks 478160104 98315570 634294 SH SOLE 634294 0 0 JPMORGAN CHASE & CO. Common Stocks 46625H100 242161849 1858352 SH DFND 1 1771869 0 86483 JUNIPER NETWORKS INC. Common Stocks 48203R104 55916598 1624538 SH SOLE 1624538 0 0 KB FINANCIAL GROUP INC. SPON ADR Common Stocks 48241A105 1271495 34912 SH SOLE 34912 0 0 KEYCORP Common Stocks 493267108 21529517 1719610 SH SOLE 1719610 0 0 KOPPERS HOLDINGS INC. Common Stocks 50060P106 20188566 577311 SH SOLE 438349 0 138962 LABORATORY CORPORATION OF AMERICA HOLDINGS Common Stocks 50540R409 266127 1160 SH SOLE 1160 0 0 LEAR CORPORATION Common Stocks 521865204 940553172 6742800 SH DFND 1,2 5731034 0 1011766 LPL FINANCIAL HOLDINGS INC. Common Stocks 50212V100 392049 1937 SH SOLE 1937 0 0 MAGNA INTERNATIONAL INC. Common Stocks 559222401 243661484 4548469 SH DFND 1 4189901 0 358568 MASONITE INTERNATIONAL CORP. Common Stocks 575385109 75722512 834224 SH SOLE 595739 0 238485 MASTEC INC. Common Stocks 576323109 51902146 549578 SH SOLE 532910 0 16668 MASTERBRAND INC Common Stocks 57638P104 30284485 3766727 SH SOLE 2842943 0 923784 MCKESSON CORPORATION Common Stocks 58155Q103 228886386 642849 SH DFND 2 503656 0 139193 MDU RESOURCES GROUP INC Common Stocks 552690109 23832160 781895 SH SOLE 781895 0 0 MEDTRONIC PLC Common Stocks G5960L103 94603942 1173455 SH DFND 1 1128165 0 45290 METLIFE INC. Common Stocks 59156R108 242322636 4182303 SH DFND 1 3982939 0 199364 MOHAWK INDUSTRIES INC. Common Stocks 608190104 203258888 2028127 SH DFND 1 1960830 0 67297 MOOG INC. CLASS A Common Stocks 615394202 31351385 311180 SH SOLE 237619 0 73561 MORGAN STANLEY Common Stocks 617446448 66241237 754456 SH SOLE 750262 0 4194 MOTORCAR PARTS OF AMERICA INC. Common Stocks 620071100 11099111 1491816 SH SOLE 1109791 0 382025 MRC GLOBAL INC. Common Stocks 55345K103 56817288 5845400 SH SOLE 4142559 0 1702841 MSC INDUSTRIAL DIRECT CO. INC. CLASS A Common Stocks 553530106 38442600 457650 SH SOLE 457650 0 0 NATWEST GROUP PLC SPON ADR Common Stocks 639057207 334046 50613 SH DFND 2 4639 0 45974 NEWELL BRANDS INC Common Stocks 651229106 632015183 50805079 SH DFND 1,2 43852648 0 6952431 NOKIA OYJ SPON ADR Common Stocks 654902204 1413913 287966 SH DFND 2 109122 0 178844 NOV INC Common Stocks 62955J103 546626899 29531437 SH DFND 1,2 24032958 0 5498479 OLD NATIONAL BANCORP Common Stocks 680033107 56904637 3946230 SH SOLE 2866038 0 1080192 OLIN CORPORATION Common Stocks 680665205 138953907 2503674 SH SOLE 2191646 0 312028 ORACLE CORPORATION Common Stocks 68389X105 189511734 2039515 SH SOLE 1460198 0 579317 ORION ENGINEERED CARBONS SA Common Stocks L72967109 93125959 3569412 SH SOLE 2545372 0 1024040 PETROLEO BRASILEIRO SA SPON ADR PFD Common Stocks 71654V101 1477357 159198 SH SOLE 159198 0 0 PFIZER INC. Common Stocks 717081103 111867439 2741849 SH DFND 1 2665397 0 76452 PHIBRO ANIMAL HEALTH CORPORATION CLASS A Common Stocks 71742Q106 33170864 2165200 SH SOLE 1703931 0 461269 POSCO HOLDINGS INC. SPON ADR Common Stocks 693483109 3687646 52915 SH SOLE 52915 0 0 PVH CORP. Common Stocks 693656100 644178682 7224974 SH DFND 1,2 5834531 0 1390443 QORVO INC. Common Stocks 74736K101 307960 3032 SH SOLE 3032 0 0 REGIONS FINANCIAL CORPORATION Common Stocks 7591EP100 44506323 2397970 SH SOLE 2397970 0 0 REINSURANCE GROUP OF AMERICA INCORPORATED Common Stocks 759351604 50567886 380897 SH SOLE 375443 0 5454 RESIDEO TECHNOLOGIES INC. Common Stocks 76118Y104 15440074 844643 SH SOLE 586897 0 257746 REV GROUP INC. Common Stocks 749527107 43741235 3648143 SH SOLE 2590746 0 1057397 SASOL LIMITED SPON ADR Common Stocks 803866300 3403300 249326 SH SOLE 249326 0 0 SCANSOURCE INC. Common Stocks 806037107 52783873 1734030 SH SOLE 1312366 0 421664 SEABOARD CORPORATION Common Stocks 811543107 441091 117 SH SOLE 117 0 0 SHELL PLC Common Stocks 780259305 142551437 2477432 SH DFND 1,2 2397671 0 79761 SHINHAN FINANCIAL GROUP CO. LTD. SPON ADR Common Stocks 824596100 23955829 889229 SH DFND 2 716099 0 173130 SIRIUS XM HOLDINGS INC. Common Stocks 82968B103 153496 38664 SH SOLE 38664 0 0 SKECHERS U.S.A. INC. CLASS A Common Stocks 830566105 294441428 6196158 SH DFND 1 6004187 0 191971 SNAP-ON INCORPORATED Common Stocks 833034101 13872008 56187 SH SOLE 56187 0 0 SPECTRUM BRANDS HOLDINGS INC. Common Stocks 84790A105 62347256 941517 SH SOLE 770126 0 171391 SS&C TECHNOLOGIES HOLDINGS INC. Common Stocks 78467J100 789600528 13982655 SH DFND 2 11933702 0 2048953 STANDARD CHARTERED PLC UNSPON ADR Common Stocks 853254100 3709542 245665 SH DFND 2 220132 0 25533 STEELCASE INC. CLASS A Common Stocks 858155203 84797071 10070911 SH SOLE 7309463 0 2761448 SUMITOMO MITSUI FINANCIAL GROUP INC. SPON ADR Common Stocks 86562M209 189232 23654 SH SOLE 3654 0 20000 SYNOVUS FINANCIAL CORP. Common Stocks 87161C501 6642786 215465 SH SOLE 164465 0 51000 TAIWAN SEMICONDUCTOR MANUFACTURING SPON ADR Common Stocks 874039100 31506804 338710 SH OTR 0 0 338710 TAIWAN SEMICONDUCTOR MANUFACTURING SPON ADR Common Stocks 874039100 42825106 460386 SH SOLE 374612 0 85774 TE CONNECTIVITY LTD. Common Stocks H84989104 239956761 1829636 SH DFND 1 1558631 0 271005 TECHNIPFMC PLC Common Stocks G87110105 13810701 1011773 SH SOLE 1011773 0 0 TEREX CORPORATION Common Stocks 880779103 146066864 3019158 SH SOLE 2615714 0 403444 TESCO PLC SPON ADR Common Stocks 881575401 1577798 161329 SH DFND 2 4763 0 156566 T-MOBILE US INC. Common Stocks 872590104 509547 3518 SH SOLE 3518 0 0 TRAVELERS COMPANIES INC. Common Stocks 89417E109 450123 2626 SH SOLE 2626 0 0 TRIMAS CORPORATION Common Stocks 896215209 69324707 2488324 SH SOLE 1915915 0 572409 TRIP.COM GROUP LTD. SPON ADR Common Stocks 89677Q107 24468624 649552 SH OTR 0 0 649552 TRIP.COM GROUP LTD. SPON ADR Common Stocks 89677Q107 272710571 7239463 SH SOLE 3796738 0 3442725 TRUEBLUE INC. Common Stocks 89785X101 45828717 2574647 SH SOLE 1944099 0 630548 UBS GROUP AG Common Stocks H42097107 80850111 3788665 SH DFND 1,2 3598407 0 190258 UNITED THERAPEUTICS CORPORATION Common Stocks 91307C102 381852 1705 SH SOLE 1705 0 0 UNIVERSAL CORP Common Stocks 913456109 50670365 958033 SH SOLE 755921 0 202112 UNIVEST FINANCIAL CORPORATION Common Stocks 915271100 37063980 1561246 SH SOLE 1152370 0 408876 USANA HEALTH SCIENCES INC. Common Stocks 90328M107 51476354 818384 SH SOLE 566510 0 251874 VAREX IMAGING CORPORATION Common Stocks 92214X106 20740784 1140230 SH SOLE 805049 0 335181 VERIZON COMMUNICATIONS INC. Common Stocks 92343V104 8965662 230539 SH SOLE 230539 0 0 VODAFONE GROUP PLC SPON ADR Common Stocks 92857W308 136752 12387 SH SOLE 850 0 11537 VORNADO REALTY TRUST Common Stocks 929042109 2317965 150811 SH SOLE 150811 0 0 VOYA FINANCIAL INC. Common Stocks 929089100 279607116 3912778 SH DFND 1 3794478 0 118300 VTECH HOLDINGS LIMITED UNSPON ADR Common Stocks 928929207 632628 106324 SH SOLE 106324 0 0 WEBSTER FINANCIAL CORPORATION Common Stocks 947890109 83137253 2109012 SH SOLE 1711870 0 397142 WELLS FARGO & COMPANY Common Stocks 949746101 693912078 18563726 SH DFND 1,2 15711131 0 2852595 WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION Common Stocks 929740108 781544882 7733474 SH DFND 1,2 6588513 0 1144961 WILMAR INTERNATIONAL LIMITED UNSPON ADR Common Stocks 971433107 2783033 86162 SH SOLE 86162 0 0 WSFS FINANCIAL CORPORATION Common Stocks 929328102 39541161 1051347 SH SOLE 788428 0 262919