Pzena Investment Management, Inc. Class A
PZN
PZN was delisted on the 28th of October, 2022.
77 hedge funds and large institutions have $102M invested in Pzena Investment Management, Inc. Class A in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 27 reducing their positions, and 9 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 27
4% less capital invested
Capital invested by funds: $106M → $102M (-$4.42M)
5% less funds holding
Funds holding: 81 → 77 (-4)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$2.94M |
| 2 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
+$335K |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$212K |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$195K |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$181K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$1.64M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$1.46M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$583K |
| 4 |
EIP
Epoch Investment Partners
New York
|
-$388K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$327K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Fidelity Investments
Boston,
Massachusetts
| $1K | – | – | – |
|
|
77
Arrowstreet Capital
Boston,
Massachusetts
| – | -$327K | -36,690 | Closed |
|
|
NIS
78
National Investment Services
Milwaukee,
Wisconsin
| – | -$247K | -27,730 | Closed |
|
|
CI
79
Cigna Investments
Bloomfield,
Connecticut
| – | -$207K | -24,947 | Closed |
|
80
Marshall Wace
London,
United Kingdom
| – | -$163K | -18,316 | Closed |
|
|
CEP
81
Chicago Equity Partners
Chicago,
Illinois
| – | -$159K | -17,770 | Closed |
|
82
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$133K | -14,878 | Closed |
|
83
Acadian Asset Management
Boston,
Massachusetts
| – | -$107K | -12,004 | Closed |
|
84
Victory Capital Management
San Antonio,
Texas
| – | -$26K | -2,902 | Closed |
|
|
QT
85
Quantamental Technologies
White Plains,
New York
| – | -$8K | -872 | Closed |
|
PZN Hedge Fund Activity: Q4 2019 in Review
77 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Pzena Investment Management, Inc. Class A (PZN) for Q4 2019, worth a combined $102M — down 4.2% from $106M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PZN and 6 opened new positions — a net loss of 3 holders — while 27 trimmed existing stakes and 29 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $2.94M. The largest seller was Royce & Associates, cutting an estimated $1.64M.
- 77 institutional investors held Pzena Investment Management, Inc. Class A (PZN) as of Q4 2019, down from 81 in Q3 2019.
- Funds reported $102M of Pzena Investment Management, Inc. Class A stock for Q4 2019, down 4.2% quarter-over-quarter.
- 6 funds opened new Pzena Investment Management, Inc. Class A positions in Q4 2019 and 9 closed out, a net change of -3 holders.
- The largest Pzena Investment Management, Inc. Class A buyer in Q4 2019 was DePrince Race & Zollo Inc (DRZ), an estimated $2.94M added.
- The largest Pzena Investment Management, Inc. Class A seller in Q4 2019 was Royce & Associates, an estimated $1.64M sold.
Based on aggregated 13F filings for Q4 2019.