0001140361-12-046466.txt : 20121109
0001140361-12-046466.hdr.sgml : 20121109
20121109160046
ACCESSION NUMBER: 0001140361-12-046466
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120930
FILED AS OF DATE: 20121109
DATE AS OF CHANGE: 20121109
EFFECTIVENESS DATE: 20121109
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: PZENA INVESTMENT MANAGEMENT LLC
CENTRAL INDEX KEY: 0001027796
IRS NUMBER: 000000000
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-03791
FILM NUMBER: 121193624
BUSINESS ADDRESS:
STREET 1: 120 WEST 45TH STREET, 20TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10036
BUSINESS PHONE: 2125831291
MAIL ADDRESS:
STREET 1: 120 WEST 45TH STREET, 20TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10036
13F-HR
1
form13f-hr.txt
PZENA INVESTMENT MANAGEMENT LLC 13F-HR 9-30-2012
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F Cover Page
Report for the Calendar Year or Quarter Ended: September 30, 2012
PZENA INVESTMENT MANAGEMENT, LLC
-------------------------------------------------------------------------------
Name of Institutional Investment Manager
120 West 45th Street, 20th Floor NY NY 10036
-------------------------------------------------------------------------------
Business Address (Street) (City)(State) (Zip)
13F File Number: 28-03791
--------
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this submission.
Name, Title and Telephone Number of Person Submitting Report:
Joan Berger General Counsel & Chief Compliance Officer (212) 355-1600
-------------------------------------------------------------------------------
Name (Title ) (Phone)
Signature, Place and Date of Signing:
/s/Joan Berger
------------------------------
Joan Berger, General Counsel & Chief Compliance Officer
Pzena Investment Management, LLC
120 West 45th Street, 20th Floor
New York, New York 10036
11/9/12
Report Type:
[ ] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[X] 13F COMBINATION REPORT
Form 13F SUMMARY PAGE
Number of Other Included Managers: Three (3)
Form 13F Information Table Entry Total: 122
Form 13F Information Table Value Total: $11,978,521,000
List of Other Included Managers:
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filed (other than the one filing this report): (List
in alphabetical order).
No. 13F File No.: Name:
------ --------------- ---------------------
1 028-12230 - ALPS Advisers, Inc.
2 028-14511 - American Beacon Advisors, Inc.
3 028-01190 - Frank Russell Company
FORM 13F INFORMATION TABLE
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
---------------- ----- -------- ------- ---------------------- ------------------------ --- ------------------------
INVESTMENT DISCRETION VOTING AUTHORITY (SHARES)
------------------------ ------------------------
MANA
FAIR GERS
NAME TITLE MARKET B) C) SEE
OF OF CUSIP VALUE SHARES OR SH/ PUT A) DEF SHARED INSTR. A) B) C)
ISSUER CLASS NUMBER (x1000) PRN AMT PRIN CALL SOLE INED OTHER V SOLE SHARED NONE
---------------- ----- --------- ------- ---------------------- ------ ---- ------- --- ---------- ------ ----
ABBOTT
LABORATORIES Com 002824100 152,126 2,218,879 SH DEFINED 1 1,285,979 932,900
ACTUANT
CORP- A Com 00508X203 33,293 1,163,267 SH SOLE 1,043,767 119,500
ADVANCED
SEMICONDUCTOR
E-ADR Com 00756M404 1,054 282,529 SH SOLE 108,208 174,321
AEROPOSTALE
INC. Com 007865108 23,247 1,718,158 SH SOLE 1,542,433 175,725
ALLSTATE
CORP Com 020002101 411,308 10,383,939 SH DEFINED 1,2 6,407,264 3,976,675
AMERICAN
EQUITY
INVT
LIFE Com 025676206 24,252 2,085,267 SH SOLE 1,878,738 206,529
AMERICAN
INTERNATIONAL
GROUP Com 026874784 332,803 10,149,540 SH DEFINED 1 6,028,965 4,120,575
AMERICAN
REPROGRAPHICS Com 029263100 12,112 2,836,455 SH SOLE 2,545,055 291,400
APACHE
CORP Com 037411105 33,683 389,536 SH SOLE 6,986 382,550
APOLLO
GROUP INC -
CL A Com 037604105 201,633 6,940,906 SH DEFINED 1 3,348,288 3,592,618
ARGO GROUP
INTERNATIONAL Com G0464B107 28,261 872,532 SH SOLE 781,132 91,400
ASPEN
INSURANCE
HOLDINGS
LTD Com G05384105 28,239 926,158 SH SOLE 836,558 89,600
AVNET INC Com 053807103 72,354 2,487,247 SH DEFINED 2 1,459,810 1,027,437
AVON PRODUCTS
INC. Com 054303102 17,369 1,088,975 SH SOLE 20,824 1,068,151
AXIS CAPITAL
HOLDINGS LTD Com G0692U109 183,250 5,247,702 SH DEFINED 1,2 3,327,348 1,920,354
BAKER
HUGHES INC Com 057224107 293,387 6,486,563 SH DEFINED 1 3,719,055 2,767,508
BANK OF
AMERICA CORP Com 060505104 208,214 23,580,301 SH DEFINED 1 13,489,001 10,091,300
BBCN
BANCORP INC Com 073295107 32,538 2,580,330 SH SOLE 2,313,380 266,950
BECTON
DICKINSON & CO Com 075887109 245,244 3,121,741 SH DEFINED 1,2 1,524,166 1,597,575
BP PLC -
SPONS ADR Com 055622104 335,076 7,910,193 SH DEFINED 1 3,968,799 3,941,394
BRADY CORP CL A Com 104674106 52,392 1,789,339 SH DEFINED 2 1,643,489 145,850
CA INC. Com 12673P105 17,650 685,056 SH SOLE 24,531 660,525
CIRCOR
INTERNATIONAL
INC Com 17273K109 24,400 646,360 SH SOLE 580,455 65,905
CISCO
SYSTEMS INC Com 17275R102 55,215 2,892,359 SH SOLE 57,259 2,835,100
CITIGROUP INC Com 172967424 303,040 9,261,623 SH DEFINED 1 5,403,919 3,857,704
COMERICA INC Com 200340107 39,542 1,273,500 SH DEFINED 2 263,400 1,010,100
COMPUTER
SCIENCES CORP Com 205363104 137,706 4,275,243 SH DEFINED 1,2 2,432,816 1,842,427
CON-WAY INC Com 205944101 36,291 1,325,931 SH DEFINED 2 1,216,481 109,450
CURTISS
-WRIGHT CORP Com 231561101 34,861 1,066,088 SH SOLE 2 991,611 74,477
DELL INC Com 24702R101 142,145 14,416,298 SH DEFINED 1 6,782,210 7,634,088
DELPHI
AUTOMOTIVE PLC Com G27823106 248,385 8,012,433 SH DEFINED 1,2 4,887,308 3,125,125
DEVRY INC. Com 251893103 16,942 744,375 SH DEFINED 2 687,775 56,600
DIAMONDROCK
HOSPITALITY
CO. Com 252784301 23,480 2,438,263 SH SOLE 2,185,446 252,817
DIODES INC. Com 254543101 26,463 1,555,705 SH SOLE 1,401,380 154,325
ENERSYS Com 29275Y102 1,701 48,200 SH SOLE 48,200
ENGILITY
HOLDINGS INC Com 29285W104 19,940 1,080,783 SH DEFINED 1,2 926,646 154,137
ENI SPA
-SPONSORED ADR Com 26874R108 357 8,150 SH SOLE 8,150
ENTERGY CORP Com 29364G103 239,754 3,459,656 SH DEFINED 1,2 1,936,031 1,523,625
EXXON MOBIL
CORP Com 30231G102 236,071 2,581,420 SH DEFINED 1 1,204,778 1,376,642
FIFTH THIRD
BANCORP Com 316773100 36,901 2,379,180 SH DEFINED 2 95,380 2,283,800
FIRST
AMERICAN
FINANCIAL Com 31847R102 24,018 1,108,362 SH SOLE 1,014,662 93,700
FOREST
LABORATORIES INC Com 345838106 32,437 910,888 SH SOLE 20,888 890,000
FORTUNE
BRANDS HOME &
SECURITY INC Com 34964C106 118,701 4,394,694 SH DEFINED 1,2 3,188,818 1,205,876
FRANKLIN
RESOURCES INC. Com 354613101 176,277 1,409,423 SH DEFINED 1 737,212 672,211
GENERAL
DYNAMICS CORP Com 369550108 32,169 486,526 SH SOLE 8,926 477,600
GENERAL
MOTORS CO Com 37045V100 50,972 2,240,525 SH SOLE 41,275 2,199,250
GOLDMAN
SACHS
GROUP INC Com 38141G104 189,560 1,667,492 SH DEFINED 1 794,842 872,650
GOOGLE INC. Com 38259P508 348,015 461,252 SH DEFINED 1 275,459 185,793
GRIFFON
CORPORATION Com 398433102 28,284 2,746,003 SH SOLE 2,468,294 277,709
HARRIS CORP Com 413875105 10 197 SH SOLE 197
HARSCO CORP Com 415864107 18,879 919,600 SH SOLE 827,775 91,825
HARTE-HANKS
INC. Com 416196103 29,547 4,263,611 SH SOLE 3,836,486 427,125
HERMAN
MILLER INC Com 600544100 15,540 799,385 SH SOLE 725,885 73,500
HEWLETT
-PACKARD CO Com 428236103 594,939 34,873,319 SH DEFINED 1 19,644,544 15,228,775
HOSPIRA INC Com 441060100 34,123 1,039,700 SH SOLE 18,850 1,020,850
HOSPITALITY
PROPERTIES
TRUST Com 44106M102 41,796 1,757,601 SH DEFINED 2 954,024 803,577
HUNTINGTON
INGALLS
INDUSTRIES Com 446413106 22,545 536,156 SH SOLE 482,581 53,575
INGRAM
MICRO INC
CL-A Com 457153104 30,351 1,992,833 SH DEFINED 2 1,859,672 133,161
NVESCO LTD Com G491BT108 206,297 8,255,172 SH DEFINED 1,2 4,523,097 3,732,075
INSIGHT
ENTERPRISES INC Com 45765U103 21,650 1,238,549 SH SOLE 1,114,623 123,926
JAKKS
PACIFIC INC Com 47012E106 18,531 1,271,886 SH SOLE 1,132,186 139,700
JARDEN CORP Com 471109108 872 16,504 SH DEFINED 2 16,504
JOHNSON &
JOHNSON Com 478160104 367 5,328 SH SOLE 3,428 1,900
JONES GROUP
INC Com 48020T101 39,100 3,038,081 SH SOLE 2,724,256 313,825
JP MORGAN
CHASE & CO Com 46625H100 239,033 5,904,956 SH DEFINED 1 2,839,731 3,065,225
KEY CORP Com 493267108 44,027 5,037,375 SH DEFINED 2 1,052,875 3,984,500
KOHLS CORP Com 500255104 33,298 650,100 SH SOLE 11,600 638,500
L-3
COMMUNICATIONS Com 502424104 234,235 3,266,418 SH DEFINED 1,2 1,845,593 1,420,825
LABORATORY
CORPORATION OF
AMERICA
HOLDINGS Com 50540R409 6,737 72,861 SH DEFINED 2 72,861
MANPOWER INC Com 56418H100 6,877 186,875 SH DEFINED 2 186,875
MASCO CORP Com 574599106 186,192 12,371,556 SH DEFINED 1,2 6,426,133 5,945,423
MATTHEWS INTL
CORP - CL A Com 577128101 11,697 392,262 SH SOLE 345,637 46,625
METLIFE INC Com 59156R108 222,300 6,450,950 SH DEFINED 1 3,326,175 3,124,775
MICROSOFT CORP Com 594918104 250,702 8,418,471 SH DEFINED 1 4,799,036 3,619,435
MOHAWK
INDUSTRIES INC Com 608190104 40,590 507,248 SH DEFINED 2 278,573 228,675
MOLSON COORS
BREWING CO.
-B Com 60871R209 120,004 2,663,797 SH DEFINED 1 1,597,707 1,066,090
MONSTER
WORLDWIDE INC Com 611742107 19,371 2,642,676 SH SOLE 2,363,376 279,300
MORGAN
STANLEY Com 617446448 128,318 7,665,354 SH DEFINED 1 4,041,679 3,623,675
MUELLER
WATER
PRODUCTS
INC Com 624758108 20,140 4,110,172 SH SOLE 3,710,897 399,275
NATIONAL
PENN
BANCSHARES
INC Com 637138108 24,994 2,743,633 SH SOLE 2,465,083 278,550
NORTHROP
GRUMMAN CORP Com 666807102 333,527 5,020,723 SH DEFINED 1 2,940,848 2,079,875
OFFICEMAX INC Com 67622P101 7,326 938,016 SH SOLE 824,890 113,126
OMNICOM GROUP Com 681919106 295,468 5,730,565 SH DEFINED 1,2 3,486,665 2,243,900
ORACLE CORP Com 68389X105 423,171 13,438,281 SH DEFINED 1 7,948,756 5,489,525
OWENS CORNING Com 690742101 46,561 1,391,543 SH DEFINED 2 732,849 658,694
PARTNERRE LTD Com G6852T105 116,417 1,567,267 SH SOLE 1,116,342 450,925
PHH CORP Com 693320202 31,491 1,547,478 SH SOLE 1,387,953 159,525
PIKE ELECTRIC
CORPORATION Com 721283109 13,112 1,649,359 SH SOLE 1,504,184 145,175
PNC FINANCIAL
SERVICES Com 693475105 167,990 2,662,283 SH DEFINED 1 1,424,968 1,237,315
POPULAR INC. Com 733174700 1,466 84,088 SH SOLE 84,088
PPG
INDUSTRIES INC Com 693506107 168,632 1,468,404 SH DEFINED 2 891,879 576,525
PRIMERICA INC Com 74164M108 38,088 1,329,901 SH DEFINED 2 1,232,632 97,269
PROTECTIVE
LIFE CORP Com 743674103 19,101 728,783 SH DEFINED 2 683,037 45,746
QUEST
DIAGNOSTICS Com 74834L100 33,412 526,759 SH SOLE 10,459 516,300
REGIONS
FINL CORP Com 7591EP100 40,609 5,632,338 SH DEFINED 2 892,938 4,739,400
RENAISSANCE
RE HLDGS LTD Com G7496G103 10,427 135,343 SH DEFINED 2 135,343
RENT A
CENTER INC Com 76009N100 17,720 505,129 SH SOLE 454,704 50,425
ROYAL DUTCH
SHELL PLC
ADR Com 780259206 364,570 5,252,408.93 SH DEFINED 1 2,673,916.93 2,578,492
SKECHERS USA
INC.- CL A Com 830566105 18,197 891,995 SH SOLE 797,296 94,699
SK TELECOM ADR Com 78440P108 1,322 90,888 SH SOLE 73,413 17,475
SPIRIT
AEROSYSTEMS
HOLDINGS I Com 848574109 7,378 332,205 SH DEFINED 2 332,205
STAPLES INC Com 855030102 485,521 42,145,899 SH DEFINED 1,2 23,586,174 18,559,725
STATE
STREET
CORP Com 857477103 269,016 6,411,247 SH DEFINED 1 3,789,172 2,622,075
STEEL EXCEL INC Com 858122104 2,543 100,716 SH SOLE 82,214 18,502
SYNOVUS
FINANCIAL
CORP Com 87161C105 8,872 3,743,375 SH SOLE 3,589,825 153,550
TAIWAN
SEMICONDUCTOR -
SP ADR Com 874039100 2,704 170,923 SH SOLE 84,798 86,125
TCF FINANCIAL
CORP Com 872275102 27,674 2,317,797 SH SOLE 2,077,522 240,275
THE HARTFORD
FINANCIAL
SERVICES
GROUP INC Com 416515104 19,551 1,005,706 SH SOLE 71,106 934,600
TE
CONNECTIVITY
LTD. Com H84989104 373,714 10,988,363 SH DEFINED 1,2 6,672,903 4,315,460
THOR INDUSTRIES
INC. Com 885160101 25,016 688,770 SH SOLE 614,195 74,575
TORCHMARK CORP Com 891027104 38,663 752,924 SH DEFINED 2 141,924 611,000
TUTOR PERINI
CORP Com 901109108 16,293 1,424,176 SH SOLE 1,278,551 145,625
UBS AG Com H89231338 186,223 15,289,273 SH DEFINED 1 7,830,771 7,458,502
UNITED
STATIONERS INC Com 913004107 33,131 1,273,288 SH SOLE 1,142,988 130,300
URS CORP Com 903236107 15,722 445,261 SH DEFINED 2 308,617 136,644
USINAS
SIDERURG
MINAS -
SP ADR Com 917302200 300 59,838 SH SOLE 59,838
VALASSIS
COMMUNICATIONS
INC Com 918866104 45,764 1,853,530 SH SOLE 1,664,780 188,750
VALIDUS
HOLDINGS LTD Com G9319H102 6,201 182,874 SH DEFINED 2 182,874
VCA ANTECH INC Com 918194101 32,680 1,656,373 SH SOLE 1,486,098 170,275
WEBSTER
FINANCIAL
CORP. Com 947890109 28,932 1,220,760 SH SOLE 1,096,710 124,050
WELLS FARGO CO Com 949746101 107,949 3,126,232 SH SOLE 1,382,357 1,743,875
WILLIS GROUP
HOLDINGS LTD Com G96666105 56,185 1,521,800 SH DEFINED 2 176,800 1,345,000
WSFS FINANCIAL
CORP Com 929328102 13,708 332,079 SH SOLE 301,254 30,825