0001140361-13-005409.txt : 20130208
0001140361-13-005409.hdr.sgml : 20130208
20130208160100
ACCESSION NUMBER: 0001140361-13-005409
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20121231
FILED AS OF DATE: 20130208
DATE AS OF CHANGE: 20130208
EFFECTIVENESS DATE: 20130208
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: 13586772
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
form13fhr.txt
PZENA INVESTMENT MANAGEMENT LLC 13F-HR 12-31-2012
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F Cover Page
Report for the Calendar Year or Quarter Ended: December 31, 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
02/8/13
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: 123
Form 13F Information Table Value Total: $12,167,900,000
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 127,712 1,949,798 SH DEFINED 1 1,036,973 912,825
ACTUANT
CORP- A COM 00508X203 32,016 1,147,113 SH SOLE 1,036,038 111,075
ADVANCED
SEMICONDUCTOR
E-ADR COM 00756M404 373 87,249 SH SOLE 3,452 83,797
AECOM
TECHNOLOGY
CORP COM 00766T100 3,048 128,075 SH DEFINED 2 128,075
AEROPOSTALE
INC. COM 007865108 27,287 2,097,423 SH SOLE 1,898,983 198,440
AETNA INC COM 00817Y108 35,755 772,250 SH SOLE 14,375 757,875
ALLSTATE CORP COM 020002101 260,553 6,486,248 SH DEFINED 1,2 4,071,173 2,415,075
AMERICAN
EQUITY
INVT
LIFE COM 025676206 25,451 2,084,407 SH SOLE 1,877,878 206,529
AMERICAN
INTERNATIONAL
GROUP COM 026874784 364,910 10,337,388 SH DEFINED 1 6,101,513 4,235,875
ARC
Document
Solutions,
Inc. COM 00191G103 7,129 2,784,750 SH SOLE 2,493,350 291,400
ANIXTER
INTERNATIONAL INC COM 035290105 32,405 506,488 SH DEFINED 2 476,893 29,595
APACHE
CORP COM 037411105 30,572 389,450 SH SOLE 6,900 382,550
APOLLO
GROUP
INC -
CL A COM 037604105 149,488 7,145,678 SH DEFINED 1 3,453,110 3,692,568
ARGO GROUP
INTERNATIONAL COM G0464B107 29,918 890,682 SH SOLE 806,382 84,300
ASSURANT INC COM 04621X108 36,941 1,064,590 SH DEFINED 2 599,590 465,000
ASPEN
INSURANCE
HOLDINGS
LTD COM G05384105 28,562 890,349 SH SOLE 803,249 87,100
AVNET INC COM 053807103 76,069 2,485,096 SH DEFINED 2 1,376,459 1,108,637
AVON PRODUCTS
INC. COM 054303102 15,622 1,087,876 SH SOLE 19,725 1,068,151
AXIS CAPITAL
HOLDINGS LTD COM G0692U109 193,766 5,593,719 SH DEFINED 1,2 3,567,515 2,026,204
BAKER
HUGHES INC COM 057224107 306,672 7,509,120 SH DEFINED 1 4,469,812 3,039,308
BANK OF
AMERICA CORP COM 060505104 287,063 24,746,804 SH DEFINED 1 14,520,329 10,226,475
BBCN
BANCORP INC COM 073295107 29,363 2,537,893 SH SOLE 2,288,893 249,000
BECTON
DICKINSON & CO COM 075887109 260,545 3,332,209 SH DEFINED 1,2 1,724,099 1,608,110
BP PLC -
SPONS ADR COM 055622104 375,482 9,017,344 SH DEFINED 1 4,504,175 4,513,169
BRADY CORP CL A COM 104674106 50,710 1,518,267 SH DEFINED 2 1,404,142 114,125
CIRCOR
INTERNATIONAL
INC COM 17273K109 23,154 584,836 SH SOLE 527,881 56,955
CISCO
SYSTEMS INC COM 17275R102 56,812 2,891,175 SH SOLE 56,075 2,835,100
CITIGROUP INC COM 172967424 358,071 9,051,334 SH DEFINED 1 5,235,677 3,815,657
COMERICA INC COM 200340107 37,957 1,251,050 SH DEFINED 2 240,950 1,010,100
CON-WAY INC COM 205944101 40,861 1,468,753 SH DEFINED 2 1,354,103 114,650
CURTISS
-WRIGHT CORP COM 231561101 34,428 1,048,674 SH DEFINED 2 974,197 74,477
DANA HOLDING CORP COM 235825205 32,041 2,052,618 SH DEFINED 2 1,901,519 151,099
DELL INC COM 24702R101 128,427 12,677,923 SH DEFINED 1 6,603,035 6,074,888
DELPHI
AUTOMOTIVE PLC COM G27823106 308,282 8,059,648 SH DEFINED 1,2 5,092,973 2,966,675
DEVRY INC. COM 251893103 17,492 737,145 SH DEFINED 2 680,545 56,600
DIAMONDROCK
HOSPITALITY
CO. COM 252784301 21,637 2,404,107 SH SOLE 2,173,690 230,417
DIODES INC. COM 254543101 27,124 1,563,355 SH SOLE 1,409,030 154,325
ENERSYS COM 29275Y102 517 13,750 SH SOLE 13,750
ENGILITY
HOLDINGS INC COM 29285W104 15,136 785,890 SH DEFINED 2 672,485 113,405
ENI SPA
-SPONSORED ADR COM 26874R108 400 8,150 SH SOLE 8,150
ENTERGY CORP COM 29364G103 220,038 3,451,580 SH DEFINED 1,2 1,930,380 1,521,200
EXXON MOBIL
CORP COM 30231G102 215,551 2,490,474 SH DEFINED 1 1,146,907 1,343,567
FIFTH THIRD
BANCORP COM 316773100 35,316 2,324,925 SH SOLE 41,125 2,283,800
FIRST
AMERICAN
FINANCIAL COM 31847R102 5,664 235,102 SH SOLE 218,027 17,075
FOREST
LABORATORIES INC COM 345838106 32,065 907,850 SH SOLE 17,850 890,000
FORTUNE
BRANDS HOME &
SECURITY INC COM 34964C106 59,074 2,021,689 SH DEFINED 2 1,379,749 641,940
FRANKLIN
RESOURCES INC. COM 354613101 169,328 1,347,084 SH DEFINED 1 699,598 647,486
GENERAL
DYNAMICS CORP COM 369550108 33,681 486,225 SH SOLE 8,625 477,600
GENERAL
MOTORS CO COM 37045V100 64,594 2,240,525 SH SOLE 41,275 2,199,250
GOLDMAN
SACHS
GROUP INC COM 38141G104 213,720 1,675,450 SH DEFINED 1 787,375 888,075
GOOGLE INC. COM 38259P508 328,784 463,488 SH DEFINED 1 279,495 183,993
GRIFFON
CORPORATION COM 398433102 31,372 2,737,491 SH SOLE 2,459,782 277,709
HARSCO CORP COM 415864107 21,600 919,150 SH SOLE 827,325 91,825
HARTE-HANKS
INC. COM 416196103 25,001 4,237,405 SH SOLE 3,810,280 427,125
HERMAN
MILLER INC COM 600544100 20,183 942,267 SH SOLE 857,962 84,305
HEWLETT-
PACKARD CO COM 428236103 585,787 41,107,891 SH DEFINED 1 22,920,591 18,187,300
HOSPIRA INC COM 441060100 32,480 1,039,700 SH SOLE 18,850 1,020,850
HOSPITALITY
PROPERTIES
TRUST COM 44106M102 42,755 1,825,562 SH DEFINED 2 953,885 871,677
HUNTINGTON
INGALLS
INDUSTRIES COM 446413106 22,561 520,547 SH SOLE 470,722 49,825
IGO INC COM 449593102 6 24,057 SH SOLE 24,057
INGRAM
MICRO INC
CL-A COM 457153104 43,161 2,550,859 SH DEFINED 2 2,362,789 188,070
INSIGHT
ENTERPRISES INC COM 45765U103 28,321 1,630,451 SH SOLE 1,478,951 151,500
INVESCO LTD COM G491BT108 225,677 8,649,938 SH DEFINED 1,2 4,614,388 4,035,550
J.C.
PENNEY CO.
INC. COM 708160106 19,233 975,782 SH SOLE 17,600 958,182
JAKKS
PACIFIC INC COM 47012E106 16,714 1,334,965 SH SOLE 1,185,090 149,875
JONES GROUP
INC COM 48020T101 27,009 2,442,066 SH SOLE 2,201,107 240,959
JP MORGAN
CHASE & CO COM 46625H100 253,045 5,754,939 SH DEFINED 1 2,696,164 3,058,775
KEY CORP COM 493267108 41,648 4,946,350 SH DEFINED 2 961,850 3,984,500
KOHLS CORP COM 500255104 27,941 650,100 SH SOLE 11,600 638,500
L-3
COMMUNICATIONS COM 502424104 243,608 3,179,428 SH DEFINED 1,2 1,763,028 1,416,400
LABORATORY
CORPORATION OF
AMERICA
HOLDINGS COM 50540R409 70,075 808,992 SH DEFINED 1,2 570,167 238,825
MANPOWER INC COM 56418H100 7,229 170,325 SH DEFINED 2 170,325
MASCO CORP COM 574599106 198,895 11,938,464 SH DEFINED 1,2 6,147,841 5,790,623
MATTHEWS INTL
CORP - CL A COM 577128101 16,286 507,350 SH SOLE 458,850 48,500
METLIFE INC COM 59156R108 255,142 7,745,665 SH DEFINED 1 3,939,590 3,806,075
MICROSOFT CORP COM 594918104 267,675 10,014,030 SH DEFINED 1 5,700,320 4,313,710
MOHAWK
INDUSTRIES INC COM 608190104 486 5,367 SH DEFINED 2 5,367
MOLSON COORS
BREWING CO.
-B COM 60871R209 110,575 2,584,131 SH DEFINED 1 1,518,041 1,066,090
MONSTER
WORLDWIDE INC COM 611742107 14,839 2,640,326 SH SOLE 2,361,026 279,300
MORGAN
STANLEY COM 617446448 181,499 9,492,642 SH DEFINED 1 4,819,976 4,672,666
MUELLER
WATER
PRODUCTS
INC COM 624758108 22,657 4,038,672 SH SOLE 3,651,997 386,675
NATIONAL
PENN
BANCSHARES
INC COM 637138108 25,543 2,740,658 SH SOLE 2,462,108 278,550
NORTHROP
GRUMMAN CORP COM 666807102 260,371 3,852,775 SH DEFINED 1 2,219,525 1,633,250
OFFICEMAX INC COM 67622P101 1,683 172,416 SH SOLE 172,416
OMNICOM GROUP COM 681919106 366,776 7,341,398 SH DEFINED 1,2 4,439,973 2,901,425
ORACLE CORP COM 68389X105 440,009 13,205,559 SH DEFINED 1 7,595,209 5,610,350
OWENS CORNING COM 690742101 38,853 1,050,368 SH DEFINED 2 586,724 463,644
PARTNERRE LTD COM G6852T105 127,718 1,586,750 SH SOLE 1,101,875 484,875
PHH CORP COM 693320202 29,484 1,295,988 SH SOLE 1,174,588 121,400
PIKE ELECTRIC
CORPORATION COM 721283109 10,667 1,116,954 SH SOLE 1,009,319 107,635
PNC FINANCIAL
SERVICES COM 693475105 172,479 2,957,966 SH DEFINED 1 1,714,126 1,243,840
POPULAR INC. COM 733174700 1,746 83,988 SH SOLE 83,988
PPG
INDUSTRIES INC COM 693506107 171,683 1,268,437 SH DEFINED 1,2 695,412 573,025
PRIMERICA INC COM 74164M108 29,927 997,250 SH DEFINED 2 923,781 73,469
PROTECTIVE
LIFE CORP COM 743674103 20,256 708,758 SH DEFINED 2 663,012 45,746
QUEST
DIAGNOSTICS COM 74834L100 30,673 526,400 SH SOLE 10,100 516,300
REGIONS
FINL CORP COM 7591EP100 39,568 5,557,333 SH DEFINED 2 817,933 4,739,400
RENAISSANCE
RE HLDGS LTD COM G7496G103 9,649 118,741 SH DEFINED 2 118,741
RENT A
CENTER INC COM 76009N100 17,351 504,987 SH SOLE 454,562 50,425
ROYAL DUTCH
SHELL PLC
ADR COM 780259206 350,133 5,078,065 SH DEFINED 1 2,602,959 2,475,106
SKECHERS USA
INC.- CL A COM 830566105 16,021 865,986 SH SOLE 779,387 86,599
SK TELECOM ADR COM 78440P108 290 18,315 SH SOLE 840 17,475
SPIRIT
AEROSYSTEMS
HOLDINGS I COM 848574109 4,937 290,930 SH DEFINED 2 290,930
STAPLES INC COM 855030102 446,614 39,176,664 SH DEFINED 1,2 22,652,389 16,524,275
STATE
STREET
CORP COM 857477103 295,577 6,287,528 SH DEFINED 1 3,684,278 2,603,250
STEEL EXCEL INC COM 858122104 2,317 92,874 SH SOLE 80,572 12,302
SYNOVUS
FINANCIAL
CORP COM 87161C105 17,249 7,040,514 SH SOLE 6,595,314 445,200
TAIWAN
SEMICONDUCTOR -
SP ADR COM 874039100 736 42,903 SH SOLE 1,753 41,150
TCF FINANCIAL
CORP COM 872275102 27,710 2,280,647 SH SOLE 2,039,247 241,400
TE
CONNECTIVITY
LTD. COM H84989104 403,932 10,881,801 SH DEFINED 1,2 6,535,791 4,346,010
THE HARTFORD
FINANCIAL
SERVICES
GROUP COM 416515104 20,185 899,506 SH SOLE 70,106 829,400
THOR INDUSTRIES
INC. COM 885160101 14,705 392,868 SH SOLE 359,268 33,600
TORCHMARK CORP COM 891027104 38,299 741,224 SH DEFINED 2 130,224 611,000
TUTOR PERINI
CORP COM 901109108 19,709 1,438,626 SH SOLE 1,293,001 145,625
UBS AG COM H89231338 221,409 14,066,648 SH DEFINED 1 7,185,696 6,880,952
UNITED
STATIONERS INC COM 913004107 35,503 1,145,622 SH SOLE 1,039,197 106,425
URS CORP COM 903236107 32,421 825,794 SH DEFINED 2 365,623 460,171
VALASSIS
COMMUNICATIONS
INC COM 918866104 47,053 1,825,174 SH SOLE 1,651,174 174,000
VALIDUS
HOLDINGS LTD COM G9319H102 5,285 152,829 SH DEFINED 2 152,829
VCA ANTECH INC COM 918194101 34,900 1,657,938 SH SOLE 1,493,363 164,575
WEBSTER
FINANCIAL
CORP. COM 947890109 24,417 1,188,153 SH SOLE 1,078,228 109,925
WELLS FARGO CO COM 949746101 104,649 3,061,693 SH SOLE 1,334,868 1,726,825
WILLIS GROUP
HOLDINGS LTD COM G96666105 73,310 2,186,400 SH DEFINED 2 173,300 2,013,100
WSFS FINANCIAL
CORP COM 929328102 15,077 356,857 SH SOLE 322,882 33,975