Pzena Investment Management, Inc. Class A
PZN
PZN was delisted on the 28th of October, 2022.
72 hedge funds and large institutions have $113M invested in Pzena Investment Management, Inc. Class A in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 30 increasing their positions, 22 reducing their positions, and 9 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 22
16% more capital invested
Capital invested by funds: $97.1M → $113M (+$15.5M)
3% less funds holding
Funds holding: 74 → 72 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$3.01M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.13M |
| 3 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$1.08M |
| 4 |
Renaissance Technologies
New York
|
+$670K |
| 5 |
NIS
National Investment Services
Milwaukee,
Wisconsin
|
+$390K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$6.8M |
| 2 |
Morgan Stanley
New York
|
-$825K |
| 3 |
Millennium Management
New York
|
-$739K |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
-$349K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$326K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
76
Algert Global
San Francisco,
California
| – | -$104K | -11,294 | Closed |
|
77
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$81K | -8,750 | Closed |
|
|
PIA
78
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$3K | -309 | Closed |
|
79
SEI Investments
Oaks,
Pennsylvania
| – | -$1K | -60 | Closed |
|
PZN Hedge Fund Activity: Q3 2018 in Review
72 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Pzena Investment Management, Inc. Class A (PZN) for Q3 2018, worth a combined $113M — up 16% from $97.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PZN and 7 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 30 added.
The largest buyer was Royce & Associates, adding an estimated $3.01M. The largest seller was Capital World Investors, exiting entirely with an estimated $6.8M sold.
- 72 institutional investors held Pzena Investment Management, Inc. Class A (PZN) as of Q3 2018, down from 74 in Q2 2018.
- Funds reported $113M of Pzena Investment Management, Inc. Class A stock for Q3 2018, up 16% quarter-over-quarter.
- 7 funds opened new Pzena Investment Management, Inc. Class A positions in Q3 2018 and 9 closed out, a net change of -2 holders.
- The largest Pzena Investment Management, Inc. Class A buyer in Q3 2018 was Royce & Associates, an estimated $3.01M added.
- The largest Pzena Investment Management, Inc. Class A seller in Q3 2018 was Capital World Investors, an estimated $6.8M sold.
Based on aggregated 13F filings for Q3 2018.