Richard Pzena - Pzena Investment Management – Largest Position Reductions (2026 Q1)
This report summarizes the most meaningful reductions and sell-offs made by Richard Pzena - Pzena Investment Management in 2026 Q1. The analysis highlights which positions were trimmed or exited, providing insight into how the investor adjusted risk exposure and portfolio strategy.
| Symbol | Shares | Reported Price(USD) | Action | Change % | Portfolio Weight | Position Value | Filing Period |
|---|---|---|---|---|---|---|---|
| SPB | 2,338,423 | $73.7 | Reduced | -2.64% | 0.56% | $172.34M | 2026 Q1 |
| PFE | 5,924,892 | $28.08 | Reduced | -9.22% | 0.54% | $166.37M | 2026 Q1 |
| NWL | 47,802,935 | $3.43 | Reduced | -4.43% | 0.53% | $163.96M | 2026 Q1 |
| HAL | 4,067,041 | $38.99 | Reduced | -23.75% | 0.51% | $158.57M | 2026 Q1 |
| OLN | 4,431,613 | $29.73 | Reduced | -1.69% | 0.43% | $131.75M | 2026 Q1 |
| TEL | 603,978 | $209.02 | Reduced | -25.61% | 0.41% | $126.24M | 2026 Q1 |
| ST | 3,482,266 | $35.22 | Reduced | -0.77% | 0.40% | $122.65M | 2026 Q1 |
| MHK | 1,152,814 | $98.46 | Reduced | -2.83% | 0.37% | $113.51M | 2026 Q1 |
| XOM | 617,144 | $169.66 | Reduced | -6.60% | 0.34% | $104.7M | 2026 Q1 |
| CSCO | 1,308,740 | $77.59 | Reduced | -6.28% | 0.33% | $101.55M | 2026 Q1 |
| JPM | 337,262 | $294.16 | Reduced | -1.50% | 0.32% | $99.21M | 2026 Q1 |
| ADNT | 3,635,297 | $20.21 | Reduced | -1.14% | 0.24% | $73.47M | 2026 Q1 |
| KNX | 1,259,811 | $57.58 | Reduced | -0.44% | 0.24% | $72.54M | 2026 Q1 |
| PLOW | 1,593,133 | $42.09 | Reduced | -25.09% | 0.22% | $67.05M | 2026 Q1 |
| HSIC | 887,639 | $73.7 | Reduced | -0.01% | 0.21% | $65.42M | 2026 Q1 |
| OSK | 438,856 | $147.21 | Reduced | -14.56% | 0.21% | $64.6M | 2026 Q1 |
| GPC | 574,088 | $105.75 | Reduced | -5.40% | 0.20% | $60.71M | 2026 Q1 |
| JNJ | 203,965 | $244.44 | Reduced | -17.07% | 0.16% | $49.86M | 2026 Q1 |
| BFH | 613,673 | $74.89 | Reduced | -4.13% | 0.15% | $45.96M | 2026 Q1 |
| TGT | 373,375 | $121.2 | Reduced | -0.23% | 0.15% | $45.25M | 2026 Q1 |
| HCA | 94,261 | $473.24 | Reduced | -6.51% | 0.14% | $44.61M | 2026 Q1 |
| MBUU | 1,697,457 | $25.92 | Reduced | -1.42% | 0.14% | $44M | 2026 Q1 |
| SHG | 690,651 | $61.32 | Reduced | -24.25% | 0.14% | $42.35M | 2026 Q1 |
| MSM | 444,610 | $92.27 | Reduced | -0.01% | 0.13% | $41.02M | 2026 Q1 |
| NVST | 1,604,196 | $25.37 | Reduced | -31.03% | 0.13% | $40.7M | 2026 Q1 |