Pzena Investment Management, Inc. Class A
PZN
PZN was delisted on the 28th of October, 2022.
73 hedge funds and large institutions have $50.1M invested in Pzena Investment Management, Inc. Class A in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 27 reducing their positions, and 11 closing their positions.
5% less funds holding
Funds holding: 77 → 73 (-4)
15% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 27
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
51% less capital invested
Capital invested by funds: $102M → $50.1M (-$52M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$4.36M |
| 2 |
FQ
First Quadrant
Glendale,
California
|
+$475K |
| 3 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$376K |
| 4 |
NISOA
National Investment Services of America
Milwaukee,
Wisconsin
|
+$300K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$297K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$3.66M |
| 2 |
EIP
Epoch Investment Partners
New York
|
-$1.76M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.67M |
| 4 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$1.21M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$916K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
76
Dupont Capital Management
Wilmington,
Delaware
| – | -$343K | -39,753 | Closed |
|
|
OAM
77
Oxford Asset Management
Oxford,
United Kingdom
| – | -$322K | -37,345 | Closed |
|
78
Axa
Paris,
France
| – | -$313K | -36,300 | Closed |
|
79
Millennium Management
New York
| – | -$169K | -19,617 | Closed |
|
|
HW
80
Hancock Whitney
Gulfport,
Mississippi
| – | -$162K | -18,796 | Closed |
|
81
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$141K | -16,350 | Closed |
|
|
AG
82
Algert Global
San Francisco,
California
| – | -$90K | -10,440 | Closed |
|
83
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$19K | -2,213 | Closed |
|
84
Osaic Holdings
Scottsdale,
Arizona
| – | +$176 | +25 | New |
|
PZN Hedge Fund Activity: Q1 2020 in Review
73 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Pzena Investment Management, Inc. Class A (PZN) for Q1 2020, worth a combined $50.1M — down 51% from $102M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PZN and 8 opened new positions — a net loss of 3 holders — while 27 trimmed existing stakes and 23 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $4.36M. The largest seller was Royce & Associates, cutting an estimated $3.66M.
- 73 institutional investors held Pzena Investment Management, Inc. Class A (PZN) as of Q1 2020, down from 77 in Q4 2019.
- Funds reported $50.1M of Pzena Investment Management, Inc. Class A stock for Q1 2020, down 51% quarter-over-quarter.
- 8 funds opened new Pzena Investment Management, Inc. Class A positions in Q1 2020 and 11 closed out, a net change of -3 holders.
- The largest Pzena Investment Management, Inc. Class A buyer in Q1 2020 was DePrince Race & Zollo Inc (DRZ), an estimated $4.36M added.
- The largest Pzena Investment Management, Inc. Class A seller in Q1 2020 was Royce & Associates, an estimated $3.66M sold.
Based on aggregated 13F filings for Q1 2020.