PZENA INVESTMENT MANAGEMENT LLC

Q3 2023 13F-HR Detailed Holdings

Location

New York, NY

Holdings as of

9/30/2023

Date filed

11/9/2023

Form type

13F-HR

Num holdings

165

Total value ($000)

$23,276,271

Net value change ($000)

-170,993 (-0.7%)

New positions

Sold out positions

Turnover %

5.1%

Sector allocation + QoQ delta (equities-only)

Holdings broken out by other managers reported in the original SEC filing. View aggregated holdings

You are on the SEC detailed breakdown page. Rows are shown as reported in the filing (including other manager, discretion, and voting authority fields), and are not merged like the standard holdings view. Switch to aggregated holdings.

Snapshot: Change Analysis

Compared to Q2 2023

Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.

Top Adds (Value $000, Stocks/ETFs)

MET	373,966	142.7%
TSN	274,707	NEW
BAX	215,935	NEW
MDT	211,779	89.3%
CHTR	198,778	44.9%
GPN	197,875	NEW
MGA	175,951	50.3%
NOK	158,732	12144.8%
DOW	147,255	18.6%
NOV	133,310	22.6%

Top Reduces (Value $000, Stocks/ETFs)

AIG	-269,816	-62.0%
MCK	-220,999	-83.7%
GE	-216,635	-29.4%
GEHC	-209,044	-100.0%
ORCL	-153,701	-68.7%
AXS	-144,244	-57.0%
DOX	-115,328	-25.2%
HPE	-114,772	-61.8%
TEX	-105,839	-80.5%
SSNC	-102,695	-12.1%

Instrument mix + QoQ Δ (ex-options)

How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.

Filter:

Instrument:

Issuer Name	Ticker	Sector	Industry	Class	History	Value ($000)	%	Shares	Shares Δ	Shares Δ%	Value Δ ($000)	Value Δ%	Principal	Option Type	Discretion	Other Manager	Sole	Shared	None

Other Managers

Num	Name	File Number
1	ALPS ADVISORS INC	028-12230
2	NATIONAL MUTUAL FUNDS MANAGEMENT LTD	028-23268