Pzena Investment Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABBVIE INC	COM	00287Y109	241	3,179	SH		SOLE		3,179	0	0
ACTUANT CORP- A	COM	00508X203	95,331	4,345,098	SH		SOLE		2,382,931	0	1,962,167
AECOM	COM	00766T100	94,061	2,504,285	SH		DFND	2	773,249	0	1,731,036
AES CORP	COM	00130H105	854	52,251	SH		SOLE		52,251	0	0
ALLSTATE CORP	COM	020002101	22,999	211,623	SH		SOLE		292	0	211,331
AMDOCS LTD	COM	G02602103	869	13,152	SH		SOLE		13,152	0	0
AMERICAN EQUITY INVT LIFE	COM	025676206	34,220	1,414,035	SH		SOLE		1,257,931	0	156,104
AMERICAN INTERNATIONAL GROUP	COM	026874784	583,258	10,471,421	SH		DFND	1	5,673,892	0	4,797,529
AMERISOURCEBERGEN CORP	COM	03073E105	214	2,599	SH		SOLE		2,599	0	0
AMGEN INC	COM	031162100	234,007	1,209,274	SH		DFND	1	618,383	0	590,891
ANIXTER INTERNATIONAL INC	COM	035290105	126,543	1,830,776	SH		DFND	2	941,998	0	888,778
ANNALY CAPITAL MANAGMENT INC	COM	035710409	129	14,614	SH		SOLE		14,614	0	0
ANTHEM INC	COM	036752103	585	2,438	SH		SOLE		2,438	0	0
AP MOELLER-MAERSK B-UNSPON ADR	COM	00202F102	79	14,009	SH		SOLE		14,009	0	0
APOLLO GLOBAL MANAGEMENT INC	COM	03768E105	8,834	233,580	SH		DFND	2	233,580	0	0
ARC DOCUMENT SOLUTIONS INC	COM	00191G103	2,514	1,848,713	SH		SOLE		1,659,474	0	189,239
ARGO GROUP INTERNATIONAL	COM	G0464B107	19,627	279,431	SH		SOLE		249,324	0	30,107
ARROW ELECTRONICS INC	COM	042735100	22,730	304,776	SH		SOLE		572	0	304,204
ASSOCIATED BANC CORP	COM	045487105	44,477	2,196,375	SH		SOLE		1,961,872	0	234,503
AT&T INC	COM	00206R102	65,261	1,724,651	SH		SOLE		56,695	0	1,667,956
AVANGRID INC	COM	05351W103	114,506	2,191,500	SH		SOLE		36,265	0	2,155,235
AVIS BUDGET GROUP INC	COM	053774105	92,828	3,284,768	SH		DFND	2	1,697,448	0	1,587,320
AVNET INC	COM	053807103	315,247	7,086,594	SH		DFND	2	4,665,619	0	2,420,975
AXA EQUITABLE HOLDINGS INC	COM	054561105	416,795	18,808,418	SH		DFND	1,2	9,343,251	0	9,465,167
AXIS CAPITAL HOLDINGS LTD	COM	G0692U109	293,856	4,404,323	SH		DFND	1,2	2,222,191	0	2,182,132
BAIDU INC - SPON ADR	COM	056752108	5,960	57,995	SH		OTR		0	0	57,995
BAIDU INC - SPON ADR	COM	056752108	78,288	761,852	SH		SOLE		544,374	0	217,478
BAKER HUGHES A GE CO	COM	05722G100	217,005	9,353,685	SH		DFND	1,2	3,688,999	0	5,664,686
BANK OF AMERICA CORP	COM	060505104	420,429	14,413,045	SH		DFND	1	7,177,999	0	7,235,046
BIOGEN INC	COM	09062X103	743	3,193	SH		SOLE		3,193	0	0
BOOKING HOLDINGS INC	COM	09857L108	714	364	SH		SOLE		364	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	130,716	2,577,726	SH		SOLE		97,704	0	2,480,022
BRIXMOR PROPERTY GROUP INC	COM	11120U105	647	31,905	SH		SOLE		31,905	0	0
C&J ENERGY SERVICES INC	COM	12674R100	38,476	3,585,863	SH		SOLE		3,186,863	0	399,000
CAPITAL ONE FINL CORP	COM	14040H105	501,525	5,512,472	SH		DFND	1	3,114,111	0	2,398,361
CARDINAL HEALTH INC	COM	14149Y108	173,078	3,667,684	SH		DFND	1,2	1,178,311	0	2,489,373
CARLISLE COS INC	COM	142339100	45,515	312,731	SH		DFND	2	27,606	0	285,125
CBRE GROUP INC A	COM	12504L109	347	6,551	SH		SOLE		6,551	0	0
CELESTICA INC.	COM	15101Q108	33,715	4,702,254	SH		SOLE		4,171,651	0	530,603
CENOVUS ENERGY INC.	COM	15135U109	179,045	19,088,003	SH		DFND	1,2	8,303,063	0	10,784,940
CEZ AS - ADR	COM	157214305	2,335	211,609	SH		SOLE		211,609	0	0
CH ROBINSON WORLDWIDE INC	COM	12541W209	525	6,198	SH		SOLE		6,198	0	0
CHINA AGRI-INDUSTRIES-UN ADR	COM	168924108	2,129	327,200	SH		SOLE		327,200	0	0
CHINA CONSTRUCTION UNSPON ADR	COM	168919108	2,360	155,960	SH		SOLE		155,960	0	0
CHINA DONGXIANG GRP-UNSP ADR	COM	16947S100	855	159,562	SH		SOLE		159,562	0	0
CHINA MOBILE LTD-SPON ADR	COM	16941M109	2,618	63,242	SH		SOLE		63,242	0	0
CHINA RESOURCES-UNSPON ADR	COM	16943S104	2,881	158,337	SH		SOLE		158,337	0	0
CHINA SHENHUA UNSPON ADR	COM	16942A302	1,743	218,727	SH		SOLE		218,727	0	0
CHUBB LTD	COM	H1467J104	883	5,471	SH		SOLE		5,471	0	0
CIGNA CORP	COM	125523100	69,936	460,741	SH		SOLE		162,486	0	298,255
CISCO SYSTEMS INC	COM	17275R102	28,467	576,148	SH		SOLE		19,263	0	556,885
CITIGROUP INC	COM	172967424	526,619	7,623,324	SH		DFND	1	4,299,241	0	3,324,083
CNO FINANCIAL GROUP INC	COM	12621E103	79,877	5,045,896	SH		DFND	2	2,792,378	0	2,253,518
COGNIZANT TECH SOLUTIONS - A	COM	192446102	514,422	8,535,997	SH		DFND	1	5,344,101	0	3,191,896
COMERICA INC	COM	200340107	7,988	121,055	SH		SOLE		0	0	121,055
CREDIT SUISSE GROUP SPON ADR	COM	225401108	7,186	588,542	SH		SOLE		588,542	0	0
CVS HEALTH CORPORATION	COM	126650100	60,038	951,922	SH		SOLE		34,157	0	917,765
DIAMONDROCK HOSPITALITY CO.	COM	252784301	13,569	1,323,830	SH		SOLE		1,180,221	0	143,609
DONGFENG MOTOR GRP-H-UNS ADR	COM	257738203	2,223	46,264	SH		SOLE		46,264	0	0
DOVER CORP	COM	260003108	29,154	292,829	SH		SOLE		10,675	0	282,154
EDISON INTERNATIONAL	COM	281020107	429,073	5,689,120	SH		DFND	1,2	2,788,242	0	2,900,878
ENTERGY CORP	COM	29364G103	44,229	376,870	SH		SOLE		9,200	0	367,670
EVEREST RE GROUP LTD	COM	G3223R108	24,261	91,175	SH		SOLE		150	0	91,025
EXXON MOBIL CORP	COM	30231G102	176,038	2,493,110	SH		SOLE		778,867	0	1,714,243
FIFTH THIRD BANCORP	COM	316773100	126,210	4,609,562	SH		DFND	2	503,163	0	4,106,399
FIRST MIDWEST BANCORP INC	COM	320867104	30,169	1,548,703	SH		SOLE		1,379,053	0	169,650
FLEX LTD	COM	Y2573F102	6,911	660,401	SH		OTR		0	0	660,401
FLEX LTD	COM	Y2573F102	91,836	8,775,559	SH		SOLE		4,502,825	0	4,272,734
FOOT LOCKER INC	COM	344849104	10,073	233,396	SH		SOLE		346	0	233,050
FORD MOTOR COMPANY	COM	345370860	290,463	31,709,958	SH		DFND	1	11,965,777	0	19,744,181
GENERAL ELECTRIC CO	COM	369604103	566,545	63,371,882	SH		DFND	1	37,430,536	0	25,941,346
GENPACT LTD	COM	G3922B107	29,142	752,050	SH		DFND	2	195,747	0	556,303
GIBRALTAR INDUSTRIES INC	COM	374689107	36,984	805,043	SH		SOLE		713,159	0	91,884
GILDAN ACTIVEWEAR INC	COM	375916103	129,490	3,647,615	SH		DFND	1,2	1,336,499	0	2,311,116
GILEAD SCIENCES INC	COM	375558103	480	7,581	SH		SOLE		7,581	0	0
GLOBE LIFE INC	COM	37959E102	22,606	236,070	SH		SOLE		162	0	235,908
GOLDMAN SACHS GROUP INC	COM	38141G104	228,843	1,104,295	SH		DFND	1	506,224	0	598,071
GRAND BAOXIN AUTO - UNSP ADR	COM	38523M109	924	489,200	SH		SOLE		489,200	0	0
H&R BLOCK INC	COM	093671105	653	27,654	SH		SOLE		27,654	0	0
HALLIBURTON CO	COM	406216101	503,235	26,696,811	SH		DFND	1,2	14,074,646	0	12,622,165
HANOVER INSURANCE GROUP	COM	410867105	22,760	167,924	SH		SOLE		41	0	167,883
HEWLETT PACKARD ENTERPRISE COMPANY	COM	42824C109	504,271	33,241,319	SH		DFND	1,2	18,754,100	0	14,487,219
HON HAI PRECISION - GDR REG S	COM	438090805	93	19,488	SH		SOLE		19,488	0	0
HON HAI PRECISION INDUSTRY 144A ADR	COM	438090888	2,867	607,573	SH		SOLE		607,573	0	0
HOOKER FURNITURE CORP	COM	439038100	452	21,061	SH		SOLE		18,848	0	2,213
HOPE BANCORP INC	COM	43940T109	41,158	2,870,154	SH		SOLE		2,558,246	0	311,908
HYUNDAI MOTOR-GDR	COM	449187707	3,602	64,300	SH		SOLE		64,300	0	0
ICICI BANK LTD - SPON ADR	COM	45104G104	11,315	928,984	SH		OTR		0	0	928,984
ICICI BANK LTD - SPON ADR	COM	45104G104	22,018	1,807,700	SH		SOLE		1,742,737	0	64,963
INSIGHT ENTERPRISES INC	COM	45765U103	15,200	272,942	SH		SOLE		238,371	0	34,571
INTEL CORPORATION	COM	458140100	332	6,439	SH		SOLE		6,439	0	0
INTERPUBLIC GROUP OF COS INC	COM	460690100	356,511	16,535,738	SH		DFND	1,2	8,856,809	0	7,678,929
INVESCO LTD	COM	G491BT108	44,634	2,634,806	SH		DFND	2	436,834	0	2,197,972
ISHARES MSCI ACWI	COM	464288257	6,765	91,726	SH		SOLE		91,726	0	0
J2 GLOBAL INC	COM	48123V102	532	5,861	SH		SOLE		5,861	0	0
JABIL CIRCUIT INC	COM	466313103	30,418	850,374	SH		SOLE		449,308	0	401,066
JELD-WEN HOLDING INC	COM	47580P103	148,184	7,681,892	SH		DFND	2	3,742,078	0	3,939,814
JP MORGAN CHASE & CO	COM	46625H100	272,684	2,316,972	SH		DFND	1	873,920	0	1,443,052
JUNIPER NETWORKS INC	COM	48203R104	64,548	2,607,980	SH		SOLE		64,265	0	2,543,715
KB FINANCIAL GROUP INC - ADR	COM	48241A105	1,409	39,441	SH		SOLE		39,441	0	0
KBR INC	COM	48242W106	73,283	2,986,264	SH		DFND	2	1,249,412	0	1,736,852
KELLOGG COMPANY	COM	487836108	50,214	780,332	SH		SOLE		10,445	0	769,887
KEY CORP	COM	493267108	123,794	6,939,123	SH		DFND	2	750,906	0	6,188,217
KKR & CO INC	COM	48251W104	229,330	8,541,166	SH		DFND	1,2	2,995,723	0	5,545,443
LAMAR ADVERTISING CO -A	COM	512816109	774	9,452	SH		SOLE		9,452	0	0
LEAR CORP	COM	521865204	494,176	4,191,481	SH		DFND	1,2	2,067,551	0	2,123,930
LEGG MASON INC	COM	524901105	24,443	640,046	SH		SOLE		271	0	639,775
LENOVO GROUP LTD ADR	COM	526250105	3,117	235,450	SH		SOLE		235,450	0	0
LG ELECTRONICS INC-GDR 144A	COM	50186Q103	468	16,600	SH		SOLE		16,600	0	0
LUKOIL PJSC - SPON ADR	COM	69343P105	3,528	42,645	SH		SOLE		42,645	0	0
MASONITE INTERNATIONAL CORP	COM	575385109	58,619	1,010,678	SH		SOLE		916,279	0	94,399
MCKESSON CORPORATION	COM	58155Q103	498,308	3,646,334	SH		DFND	1,2	2,205,784	0	1,440,550
MERCK & CO INC	COM	58933Y105	64,770	769,422	SH		SOLE		20,971	0	748,451
METLIFE INC	COM	59156R108	291,729	6,185,943	SH		DFND	1	2,439,722	0	3,746,221
MOHAWK INDUSTRIES INC	COM	608190104	236,109	1,903,027	SH		DFND	1,2	750,829	0	1,152,198
MORGAN STANLEY	COM	617446448	367,612	8,615,226	SH		DFND	1	4,474,288	0	4,140,938
MOTORCAR PARTS OF AMERICA INC	COM	620071100	19,836	1,173,735	SH		SOLE		1,044,296	0	129,439
MURPHY OIL CORP	COM	626717102	49,126	2,221,898	SH		SOLE		1,683,419	0	538,479
MYLAN NV	COM	N59465109	383,899	19,408,418	SH		DFND	1,2	10,981,125	0	8,427,293
NATIONAL OILWELL VARCO INC	COM	637071101	582,703	27,485,982	SH		DFND	1,2	14,045,019	0	13,440,963
NEWELL BRANDS INC.	COM	651229106	471,198	25,170,831	SH		DFND	1,2	14,170,851	0	10,999,980
NEWS CORP - CLASS A	COM	65249B109	15,705	1,128,211	SH		SOLE		912,828	0	215,383
OMNICOM GROUP	COM	681919106	204,185	2,607,725	SH		DFND	1	1,790,156	0	817,569
ORACLE CORP	COM	68389X105	316,439	5,750,304	SH		DFND	1	3,309,250	0	2,441,054
OTP BANK NYRT- 144A GDR	COM	67106E101	1,154	55,460	SH		SOLE		55,460	0	0
PACIFIC BASIN SHIP-UNSP ADR	COM	69402P103	3,475	851,215	SH		SOLE		851,215	0	0
PARKER HANNIFIN CORPORATION	COM	701094104	59,305	328,358	SH		SOLE		10,381	0	317,977
PFIZER INC	COM	717081103	113,112	3,148,129	SH		SOLE		1,258,505	0	1,889,624
POSCO - ADR	COM	693483109	8,949	189,768	SH		SOLE		189,768	0	0
PVH CORP	COM	693656100	454,258	5,148,565	SH		DFND	1,2	2,719,599	0	2,428,966
REALOGY HOLDINGS CORP	COM	75605Y106	20,671	3,094,448	SH		DFND	2	1,646,478	0	1,447,970
REGIONS FINL CORP	COM	7591EP100	77,036	4,869,544	SH		DFND	2	763,819	0	4,105,725
RENAISSANCE RE HLDGS LTD	COM	G7496G103	843	4,357	SH		SOLE		4,357	0	0
REUNERT LTD-UNSPONSORED ADR	COM	76131U105	1,453	159,600	SH		SOLE		159,600	0	0
REV GROUP INC	COM	749527107	34,232	2,994,940	SH		SOLE		2,654,937	0	340,003
ROYAL DUTCH SHELL PLC ADR	COM	780259206	182,565	3,102,201	SH		DFND	1	1,245,326	0	1,856,875
RYDER SYSTEM INC.	COM	783549108	137,566	2,657,245	SH		DFND	2	1,247,836	0	1,409,409
SAMSUNG ELECTR-GDR	COM	796050888	3,561	3,474	SH		SOLE		3,474	0	0
SASOL LTD-SPONS ADR	COM	803866300	2,188	128,636	SH		SOLE		128,636	0	0
SCANSOURCE INC	COM	806037107	38,359	1,255,617	SH		SOLE		1,115,963	0	139,654
SCHLUMBERGER LTD	COM	806857108	30,821	901,989	SH		SOLE		901,989	0	0
SERVICE PROPERTIES TRUST	COM	81761L102	15,393	596,856	SH		SOLE		13,056	0	583,800
SHINHAN FINANCIAL GROUP - ADR	COM	824596100	6,109	174,604	SH		SOLE		174,604	0	0
SIAM COMMERCIAL BANK - UNSP ADR	COM	825715105	2,639	169,185	SH		SOLE		169,185	0	0
SNAP-ON INC	COM	833034101	38,947	248,800	SH		DFND	2	48,811	0	199,989
SPECTRUM BRANDS HOLDINGS INC	COM	84790A105	56,830	1,077,967	SH		SOLE		627,730	0	450,237
STANLEY BLACK & DECKER INC	COM	854502101	325,017	2,250,655	SH		DFND	1,2	1,196,978	0	1,053,677
STARWOOD PROPERTY TRUST INC	COM	85571B105	335	13,824	SH		SOLE		13,824	0	0
STATE BANK OF INDIA GDR REG S	COM	856552203	1,857	48,598	SH		SOLE		48,598	0	0
STEELCASE INC - CL A	COM	858155203	15,383	836,038	SH		SOLE		745,675	0	90,363
SUPER MICRO COMPUTER INC	COM	86800U104	12,565	654,430	SH		SOLE		578,954	0	75,476
SYKES ENTERPRISES INC	COM	871237103	23,545	768,430	SH		SOLE		678,578	0	89,852
SYNOVUS FINANCIAL CORP	COM	87161C501	32,062	896,602	SH		SOLE		794,944	0	101,658
TAIWAN SEMICONDUCTOR - SP ADR	COM	874039100	10,602	228,089	SH		SOLE		228,089	0	0
TAIWAN SEMICONDUCTOR - SP ADR	COM	874039100	16,580	356,710	SH		OTR		0	0	356,710
TCF FINANCIAL CORP	COM	872307103	25,426	667,871	SH		SOLE		596,032	0	71,839
TECHNIPFMC PLC	COM	G87110105	187,742	7,777,212	SH		DFND	2	4,533,288	0	3,243,924
TELEFONICA BRASIL - ADR	COM	87936R106	1,062	80,651	SH		SOLE		80,651	0	0
TEREX CORP	COM	880779103	94,449	3,636,859	SH		DFND	2	2,052,855	0	1,584,004
THE HARTFORD FINANCIAL SERVICES GROUP INC	COM	416515104	25,741	424,703	SH		SOLE		495	0	424,208
TRIMAS CORP	COM	896215209	47,898	1,562,742	SH		SOLE		1,401,623	0	161,119
TRIPLE-S MANAGEMENT CORP-B	COM	896749108	25,785	1,924,220	SH		SOLE		1,703,659	0	220,561
UBS GROUP AG	COM	H42097107	79,517	7,030,706	SH		DFND	1	3,660,988	0	3,369,718
UNITED AIRLINES HOLDINGS INC	COM	910047109	223	2,526	SH		SOLE		2,526	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	659	3,033	SH		SOLE		3,033	0	0
UNIVERSAL CORP	COM	913456109	33,539	611,923	SH		SOLE		573,111	0	38,812
VAREX IMAGING CORP	COM	92214X106	41,004	1,436,703	SH		SOLE		1,275,209	0	161,494
VEREIT INC	COM	92339V100	898	91,792	SH		SOLE		91,792	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	873	14,462	SH		SOLE		14,462	0	0
VOYA FINANCIAL INC.	COM	929089100	304,264	5,588,970	SH		DFND	1,2	1,910,126	0	3,678,844
WABTEC CORP	COM	929740108	320,136	4,454,989	SH		DFND	1,2	2,151,261	0	2,303,728
WALMART INC	COM	931142103	163,598	1,378,481	SH		SOLE		551,637	0	826,844
WEBSTER FINANCIAL CORP.	COM	947890109	57,512	1,227,047	SH		SOLE		620,282	0	606,765
WELLS FARGO CO	COM	949746101	492,263	9,759,385	SH		DFND	1	5,653,505	0	4,105,880
WESCO AIRCRAFT HOLDINGS INC	COM	950814103	1,807	164,155	SH		SOLE		164,155	0	0
WESTERN UNION CO	COM	959802109	876	37,791	SH		SOLE		37,791	0	0
WILLIS TOWERS WATSON PLC	COM	G96629103	80,200	415,611	SH		SOLE		176,788	0	238,823
WILMAR INTERNATIONAL - UNS ADR	COM	971433107	2,662	98,597	SH		SOLE		98,597	0	0
WSFS FINANCIAL CORP	COM	929328102	29,430	667,350	SH		SOLE		594,441	0	72,909