TFS Capital’s Pzena Investment Management, Inc. Class A PZN Stock Holding History

TFS Capital’s Portfolio PZN Stock Details PZN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-52,821	Closed	-$470K	–	958
2015 Q3	$470K	Buy	52,821 +29,000	+122%	+$289K	0.05%	534
2015 Q2	$263K	Buy	+23,821	New	+$224K	0.03%	694
2014 Q4	–	Sell	-12,751	Closed	-$122K	–	1200
2014 Q3	$122K	Sell	12,751 -101,220	-89%	-$1.05M	0.01%	952
2014 Q2	$1.27M	Buy	113,971 +21,102	+23%	+$225K	0.1%	326
2014 Q1	$1.09M	Buy	92,869 +70,529	+316%	+$799K	0.07%	417
2013 Q4	$263K	Buy	+22,340	New	+$189K	0.01%	1154

Other funds holding PZN

PAIM

Punch & Associates Investment Management Edina, Minnesota $1.73B AUM 27.65% 1-Year Est. Return

EIP

Epoch Investment Partners New York $16.5B AUM 24.3% 1-Year Est. Return

CAM

Cacti Asset Management Atlanta, Georgia $1.99B AUM 86.33% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Royce & Associates New York $10.1B AUM 42.88% 1-Year Est. Return

Mackenzie Financial Toronto Ontario, Ontario, Canada $83.3B AUM 31.19% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

SFM

Systematic Financial Management Teaneck, New Jersey $4.36B AUM 40.56% 1-Year Est. Return

TFS Capital's PZN Position: Q4 2015 in Review

TFS Capital sold out of Pzena Investment Management, Inc. Class A (PZN) in Q4 2015, closing a stake of 52,821 shares — an estimated $470K sold.

TFS Capital first reported a position in PZN in Q4 2013 and held it in 6 quarters. The position peaked at $1.27M in Q2 2014. 65 funds tracked by Wall St. Rank hold PZN as of Q4 2015.

TFS Capital reported no remaining Pzena Investment Management, Inc. Class A position as of Q4 2015 after selling out during the quarter.
TFS Capital sold 52,821 Pzena Investment Management, Inc. Class A shares in Q4 2015, an estimated $470K.
TFS Capital first reported a position in Pzena Investment Management, Inc. Class A in Q4 2013 and held it in 6 quarters.
TFS Capital's Pzena Investment Management, Inc. Class A position peaked at $1.27M in Q2 2014.
65 funds tracked by Wall St. Rank held Pzena Investment Management, Inc. Class A as of Q4 2015.

Based on TFS Capital's 13F filing for Q4 2015, filed 29 Jan 2016.