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	281	3,179	SH		SOLE		3,179	0	0
ACTUANT CORP- A	COM	00508X203	103,856	3,989,841	SH		SOLE		3,550,713	0	439,128
AECOM	COM	00766T100	113,169	2,623,898	SH		DFND	2	2,411,116	0	212,782
AES CORP	COM	00130H105	909	45,692	SH		SOLE		45,692	0	0
ALLSTATE CORP	COM	020002101	31,883	283,530	SH		SOLE		283,530	0	0
AMDOCS LTD	COM	G02602103	949	13,152	SH		SOLE		13,152	0	0
AMERICAN EQUITY INVT LIFE	COM	025676206	48,078	1,606,352	SH		SOLE		1,266,175	0	340,177
AMERICAN INTERNATIONAL GROUP	COM	026874784	550,077	10,716,487	SH		DFND	1	9,645,042	0	1,071,445
AMERISOURCEBERGEN CORP	COM	03073E105	221	2,599	SH		SOLE		2,599	0	0
AMGEN INC	COM	031162100	315,635	1,309,307	SH		DFND	1	1,265,895	0	43,412
ANIXTER INTERNATIONAL INC	COM	035290105	8,342	90,574	SH		SOLE		82,804	0	7,770
ANTHEM INC	COM	036752103	736	2,438	SH		SOLE		2,438	0	0
AP MOELLER-MAERSK B-UNSPON ADR	COM	00202F102	101	14,009	SH		SOLE		14,009	0	0
APOLLO GLOBAL MANAGEMENT INC	COM	03768E105	10,048	210,609	SH		DFND	2	210,609	0	0
ARGO GROUP INTERNATIONAL	COM	G0464B107	22,724	345,612	SH		SOLE		262,344	0	83,268
ARROW ELECTRONICS INC	COM	042735100	31,871	376,101	SH		SOLE		376,101	0	0
ASSOCIATED BANC CORP	COM	045487105	57,723	2,619,005	SH		SOLE		2,018,333	0	600,672
AT&T INC	COM	00206R102	67,381	1,724,193	SH		SOLE		1,724,193	0	0
AVANGRID INC	COM	05351W103	131,923	2,578,638	SH		SOLE		2,578,638	0	0
AVIS BUDGET GROUP INC	COM	053774105	142,769	4,428,321	SH		DFND	2	4,003,556	0	424,765
AVNET INC	COM	053807103	381,809	8,996,453	SH		DFND	2	7,885,789	0	1,110,664
AXA EQUITABLE HOLDINGS INC	COM	054561105	490,102	19,778,140	SH		DFND	1,2	18,005,977	0	1,772,163
AXIS CAPITAL HOLDINGS LTD	COM	G0692U109	319,968	5,383,049	SH		DFND	1,2	4,875,992	0	507,057
BAIDU, INC. SPONSORED ADR CLASS A	COM	056752108	7,331	57,995	SH		OTR		0	0	57,995
BAIDU, INC. SPONSORED ADR CLASS A	COM	056752108	103,605	819,656	SH		SOLE		635,197	0	184,459
BAKER HUGHES CO	COM	05722G100	258,177	10,073,242	SH		DFND	1,2	9,231,188	0	842,054
BANK OF AMERICA CORP	COM	060505104	466,408	13,242,708	SH		DFND	1	12,110,485	0	1,132,223
BIOGEN INC	COM	09062X103	14,739	49,670	SH		SOLE		49,670	0	0
BOOKING HOLDINGS INC	COM	09857L108	748	364	SH		SOLE		364	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	162,906	2,537,875	SH		SOLE		2,537,875	0	0
BRIXMOR PROPERTY GROUP INC	COM	11120U105	899	41,607	SH		SOLE		41,607	0	0
CAPITAL ONE FINL CORP	COM	14040H105	571,329	5,551,737	SH		DFND	1	5,009,650	0	542,087
CARDINAL HEALTH INC	COM	14149Y108	202,340	4,000,397	SH		DFND	1,2	3,871,048	0	129,349
CARLISLE COS INC	COM	142339100	36,496	225,508	SH		SOLE		225,508	0	0
CBRE GROUP INC A	COM	12504L109	225	3,665	SH		SOLE		3,665	0	0
CELESTICA INC.	COM	15101Q108	43,878	5,305,645	SH		SOLE		4,164,675	0	1,140,970
CENOVUS ENERGY INC.	COM	15135U109	222,301	21,901,545	SH		DFND	1,2	21,048,514	0	853,031
CEZ AS - ADR	COM	157214305	2,381	211,609	SH		SOLE		211,609	0	0
CHINA CONSTRUCTION UNSPON ADR	COM	168919108	2,698	155,960	SH		SOLE		155,960	0	0
CHINA DONGXIANG GRP-UNSP ADR	COM	16947S100	1,261	228,423	SH		SOLE		228,423	0	0
CHINA MOBILE LTD-SPON ADR	COM	16941M109	2,673	63,242	SH		SOLE		63,242	0	0
CHINA RESOURCES-UNSPON ADR	COM	16943S104	3,335	158,337	SH		SOLE		158,337	0	0
CHINA SHENHUA UNSPON ADR	COM	16942A302	1,822	218,727	SH		SOLE		218,727	0	0
CH ROBINSON WORLDWIDE INC	COM	12541W209	485	6,198	SH		SOLE		6,198	0	0
CHUBB LTD	COM	H1467J104	866	5,561	SH		SOLE		5,561	0	0
CIGNA CORP	COM	125523100	94,153	460,428	SH		SOLE		460,428	0	0
CISCO SYSTEMS INC	COM	17275R102	27,629	576,076	SH		SOLE		576,076	0	0
CITIGROUP INC	COM	172967424	605,611	7,580,561	SH		DFND	1	6,804,828	0	775,733
CNO FINANCIAL GROUP INC	COM	12621E103	122,756	6,770,866	SH		DFND	2	6,136,186	0	634,680
COGNIZANT TECH SOLUTIONS - A	COM	192446102	549,759	8,864,214	SH		DFND	1	7,720,446	0	1,143,768
COMERICA INC	COM	200340107	8,686	121,055	SH		SOLE		121,055	0	0
CVS HEALTH CORPORATION	COM	126650100	70,708	951,790	SH		SOLE		951,790	0	0
DANA INC	COM	235825205	26,077	1,432,829	SH		SOLE		1,111,960	0	320,869
DIAMONDROCK HOSPITALITY CO.	COM	252784301	16,719	1,508,971	SH		SOLE		1,157,064	0	351,907
DONGFENG MOTOR GRP-H-UNS ADR	COM	257738203	2,298	49,424	SH		SOLE		49,424	0	0
DOVER CORP	COM	260003108	33,704	292,416	SH		SOLE		292,416	0	0
EDISON INTERNATIONAL	COM	281020107	454,820	6,031,294	SH		DFND	1,2	5,678,608	0	352,686
ENTERGY CORP	COM	29364G103	29,699	247,905	SH		SOLE		247,905	0	0
EVEREST RE GROUP LTD	COM	G3223R108	32,378	116,954	SH		SOLE		116,954	0	0
EXPEDIA INC.	COM	30212P303	767	7,096	SH		SOLE		7,096	0	0
EXXON MOBIL CORP	COM	30231G102	173,134	2,481,145	SH		SOLE		2,258,139	0	223,006
FIFTH THIRD BANCORP	COM	316773100	162,133	5,274,335	SH		DFND	2	5,274,335	0	0
FIRST MIDWEST BANCORP INC	COM	320867104	42,597	1,847,219	SH		SOLE		1,427,414	0	419,805
FLEX LTD	COM	Y2573F102	12,033	953,479	SH		OTR		0	0	953,479
FLEX LTD	COM	Y2573F102	126,164	9,997,136	SH		SOLE		8,109,904	0	1,887,232
FORD MOTOR COMPANY	COM	345370860	293,399	31,548,241	SH		DFND	1	28,735,149	0	2,813,092
GENERAL ELECTRIC CO	COM	369604103	717,623	64,303,114	SH		DFND	1	58,051,798	0	6,251,316
GENPACT LTD	COM	G3922B107	42,547	1,008,947	SH		DFND	2	1,008,947	0	0
GIBRALTAR INDUSTRIES INC	COM	374689107	10,963	217,340	SH		SOLE		191,021	0	26,319
GILDAN ACTIVEWEAR INC	COM	375916103	250,680	8,489,008	SH		DFND	1,2	8,086,315	0	402,693
GILEAD SCIENCES INC	COM	375558103	493	7,581	SH		SOLE		7,581	0	0
GLOBE LIFE INC	COM	37959E102	31,982	303,871	SH		SOLE		303,871	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	250,626	1,090,012	SH		DFND	1	1,001,779	0	88,233
GRAND BAOXIN AUTO - UNSP ADR	COM	38523M109	1,252	654,468	SH		SOLE		654,468	0	0
H&R BLOCK INC	COM	093671105	843	35,906	SH		SOLE		35,906	0	0
HALLIBURTON CO	COM	406216101	772,443	31,566,930	SH		DFND	1,2	28,737,384	0	2,829,546
HANOVER INSURANCE GROUP	COM	410867105	31,957	233,828	SH		SOLE		233,828	0	0
HEWLETT PACKARD ENTERPRISE COMPANY	COM	42824C109	540,436	34,075,382	SH		DFND	1,2	31,364,621	0	2,710,761
HON HAI PRECISION INDUSTRY 144A ADR	COM	438090888	3,681	607,573	SH		SOLE		607,573	0	0
HON HAI PRECISION - GDR REG S	COM	438090805	109	17,748	SH		SOLE		17,748	0	0
HOOKER FURNITURE CORP	COM	439038100	37,871	1,474,157	SH		SOLE		1,165,650	0	308,507
HOPE BANCORP INC	COM	43940T109	50,900	3,425,318	SH		SOLE		2,659,018	0	766,300
HUMANA INC	COM	444859102	772	2,105	SH		SOLE		2,105	0	0
HYUNDAI MOTOR-GDR	COM	449187707	2,991	57,403	SH		SOLE		57,403	0	0
ICICI BANK LTD - SPON ADR	COM	45104G104	14,018	928,984	SH		OTR		0	0	928,984
ICICI BANK LTD - SPON ADR	COM	45104G104	34,018	2,254,368	SH		SOLE		2,234,813	0	19,555
INSIGHT ENTERPRISES INC	COM	45765U103	20,527	292,026	SH		SOLE		225,124	0	66,902
INTEL CORPORATION	COM	458140100	247	4,122	SH		SOLE		4,122	0	0
INTERPUBLIC GROUP OF COS INC	COM	460690100	405,786	17,566,489	SH		DFND	1,2	17,077,731	0	488,758
INVESCO LTD	COM	G491BT108	70,679	3,930,976	SH		DFND	2	3,930,976	0	0
J2 GLOBAL INC	COM	48123V102	725	7,737	SH		SOLE		7,737	0	0
JABIL CIRCUIT INC	COM	466313103	23,777	575,308	SH		SOLE		522,933	0	52,375
JELD-WEN HOLDING INC	COM	47580P103	186,727	7,976,393	SH		DFND	2	6,782,074	0	1,194,319
JP MORGAN CHASE & CO	COM	46625H100	279,495	2,004,984	SH		DFND	1	1,874,740	0	130,244
JUNIPER NETWORKS INC	COM	48203R104	77,202	3,134,452	SH		SOLE		3,134,452	0	0
KB FINANCIAL GROUP INC - ADR	COM	48241A105	2,217	53,582	SH		SOLE		53,582	0	0
KBR INC	COM	48242W106	49,088	1,609,446	SH		DFND	2	1,551,090	0	58,356
KELLOGG COMPANY	COM	487836108	63,981	925,121	SH		SOLE		925,121	0	0
KEY CORP	COM	493267108	161,880	7,998,031	SH		DFND	2	7,998,031	0	0
KKR & CO INC	COM	48251W104	242,570	8,315,733	SH		DFND	1,2	7,769,103	0	546,630
LAMAR ADVERTISING CO -A	COM	512816109	960	10,754	SH		SOLE		10,754	0	0
LEAR CORP	COM	521865204	624,714	4,553,308	SH		DFND	1,2	4,175,035	0	378,273
LEGG MASON INC	COM	524901105	29,390	818,431	SH		SOLE		818,431	0	0
LENNAR CORP	COM	526057104	809	14,497	SH		SOLE		14,497	0	0
LENOVO GROUP LTD ADR	COM	526250105	4,044	302,250	SH		SOLE		302,250	0	0
LG ELECTRONICS INC-GDR 144A	COM	50186Q103	517	16,600	SH		SOLE		16,600	0	0
MASONITE INTERNATIONAL CORP	COM	575385109	78,399	1,085,704	SH		SOLE		887,996	0	197,708
MAXIMUS INC	COM	577933104	211	2,833	SH		SOLE		2,833	0	0
MCKESSON CORPORATION	COM	58155Q103	520,166	3,760,595	SH		DFND	1,2	3,360,200	0	400,395
MERCK & CO INC	COM	58933Y105	5,349	58,811	SH		SOLE		8,458	0	50,353
METLIFE INC	COM	59156R108	311,927	6,119,809	SH		DFND	1	5,598,375	0	521,434
MOHAWK INDUSTRIES INC	COM	608190104	277,523	2,034,926	SH		DFND	1,2	1,954,742	0	80,184
MORGAN STANLEY	COM	617446448	444,502	8,695,264	SH		DFND	1	7,752,752	0	942,512
MOTORCAR PARTS OF AMERICA INC	COM	620071100	34,835	1,581,263	SH		SOLE		1,227,746	0	353,517
MSC INDUSTRIAL DIRECT CO-A	COM	553530106	32,177	410,056	SH		SOLE		410,056	0	0
MURPHY OIL CORP	COM	626717102	67,685	2,525,558	SH		SOLE		2,117,874	0	407,684
MYLAN NV	COM	N59465109	417,713	20,781,717	SH		DFND	1,2	18,290,494	0	2,491,223
NATIONAL OILWELL VARCO INC	COM	637071101	743,904	29,696,759	SH		DFND	1,2	27,148,848	0	2,547,911
NEWELL BRANDS INC.	COM	651229106	486,559	25,315,254	SH		DFND	1,2	23,013,503	0	2,301,751
NEWS CORP - CLASS A	COM	65249B109	11,324	800,870	SH		SOLE		585,487	0	215,383
NEXTIER OILFIELD SOLUTIONS, INC.	COM	65290C105	52,838	7,886,281	SH		SOLE		6,130,147	0	1,756,134
OIL COMPANY LUKOIL PJSC SPONSORED ADR	COM	69343P105	4,209	42,645	SH		SOLE		42,645	0	0
OLIN CORP	COM	680665205	63,189	3,663,120	SH		DFND	2	3,411,572	0	251,548
OMNICOM GROUP	COM	681919106	194,404	2,399,456	SH		DFND	1	1,925,819	0	473,637
ORACLE CORP	COM	68389X105	254,497	4,803,641	SH		DFND	1	4,434,068	0	369,573
OTP BANK NYRT- 144A GDR	COM	67106E101	1,468	56,060	SH		SOLE		56,060	0	0
PARKER HANNIFIN CORPORATION	COM	701094104	67,565	328,272	SH		SOLE		328,272	0	0
PACIFIC BASIN SHIP-UNSP ADR	COM	69402P103	2,826	671,215	SH		SOLE		671,215	0	0
PFIZER INC	COM	717081103	123,356	3,148,442	SH		SOLE		3,148,442	0	0
POSCO - ADR	COM	693483109	9,603	189,700	SH		SOLE		189,700	0	0
PVH CORP	COM	693656100	523,409	4,977,739	SH		DFND	1,2	4,517,635	0	460,104
REALOGY HOLDINGS CORP	COM	75605Y106	32,492	3,356,622	SH		DFND	2	2,972,149	0	384,473
REGIONS FINL CORP	COM	7591EP100	94,304	5,495,558	SH		DFND	2	5,495,558	0	0
RENAISSANCE RE HLDGS LTD	COM	G7496G103	869	4,431	SH		SOLE		4,431	0	0
REUNERT LTD-UNSPONSORED ADR	COM	76131U105	1,657	159,600	SH		SOLE		159,600	0	0
REV GROUP INC	COM	749527107	46,226	3,779,723	SH		SOLE		2,898,761	0	880,962
ROYAL DUTCH SHELL PLC ADR	COM	780259206	182,489	3,094,075	SH		DFND	1	2,964,341	0	129,734
RYDER SYSTEM INC.	COM	783549108	177,340	3,265,330	SH		DFND	2	2,795,938	0	469,392
SAMSUNG ELECTR-GDR	COM	796050888	4,191	3,474	SH		SOLE		3,474	0	0
SASOL LTD-SPONS ADR	COM	803866300	3,235	149,694	SH		SOLE		149,694	0	0
SCANSOURCE INC	COM	806037107	54,098	1,464,078	SH		SOLE		1,149,462	0	314,616
SCHLUMBERGER LTD	COM	806857108	429	10,668	SH		SOLE		10,668	0	0
SERVICE PROPERTIES TRUST	COM	81761L102	33,632	1,382,344	SH		SOLE		1,382,344	0	0
SHINHAN FINANCIAL GROUP - ADR	COM	824596100	6,617	173,807	SH		SOLE		173,807	0	0
SIAM COMMERCIAL BANK - UNSP ADR	COM	825715105	2,745	169,185	SH		SOLE		169,185	0	0
SNAP-ON INC	COM	833034101	58,661	346,284	SH		DFND	2	346,284	0	0
SPECTRUM BRANDS HOLDINGS INC	COM	84790A105	92,249	1,434,888	SH		SOLE		1,219,879	0	215,009
STANDARD CHARTERED PLC UNSPONSORED ADR	COM	853254100	3,212	167,706	SH		SOLE		167,706	0	0
STANLEY BLACK & DECKER INC	COM	854502101	375,994	2,268,580	SH		DFND	1,2	2,126,953	0	141,627
STARWOOD PROPERTY TRUST INC	COM	85571B105	869	34,936	SH		SOLE		34,936	0	0
STATE BANK OF INDIA GDR REG S	COM	856552203	2,272	48,598	SH		SOLE		48,598	0	0
STEELCASE INC - CL A	COM	858155203	16,663	814,433	SH		SOLE		629,191	0	185,242
SUPER MICRO COMPUTER INC	COM	86800U104	45,275	1,884,887	SH		SOLE		1,453,824	0	431,063
SYKES ENTERPRISES INC	COM	871237103	35,816	968,265	SH		SOLE		752,940	0	215,325
SYNOVUS FINANCIAL CORP	COM	87161C501	37,975	968,744	SH		SOLE		753,675	0	215,069
TAIWAN SEMICONDUCTOR - SP ADR	COM	874039100	20,725	356,710	SH		OTR		0	0	356,710
TAIWAN SEMICONDUCTOR - SP ADR	COM	874039100	21,087	362,937	SH		SOLE		362,937	0	0
TCF FINANCIAL CORP	COM	872307103	35,797	764,894	SH		SOLE		593,853	0	171,041
TECHNIPFMC PLC	COM	G87110105	240,622	11,223,056	SH		DFND	2	8,578,604	0	2,644,452
TEREX CORP	COM	880779103	134,339	4,511,045	SH		DFND	2	3,795,633	0	715,412
THE HARTFORD FINANCIAL SERVICES GROUP INC	COM	416515104	30,807	506,950	SH		SOLE		506,950	0	0
TRIPLE-S MANAGEMENT CORP-B	COM	896749108	41,314	2,234,374	SH		SOLE		1,788,061	0	446,313
TRIMAS CORP	COM	896215209	55,355	1,762,346	SH		SOLE		1,383,582	0	378,764
UBS GROUP AG	COM	H42097107	96,183	7,645,713	SH		DFND	1	7,081,200	0	564,513
UNITEDHEALTH GROUP INC	COM	91324P102	915	3,112	SH		SOLE		3,112	0	0
UNIVERSAL CORP	COM	913456109	50,028	876,755	SH		SOLE		713,524	0	163,231
VALARIS PLC	COM	G9402V109	27,972	4,264,044	SH		SOLE		4,264,044	0	0
VAREX IMAGING CORP	COM	92214X106	44,945	1,507,727	SH		SOLE		1,154,006	0	353,721
VENTAS INC	COM	92276F100	841	14,560	SH		SOLE		14,560	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	904	14,726	SH		SOLE		14,726	0	0
VOYA FINANCIAL INC.	COM	929089100	347,045	5,691,129	SH		DFND	1,2	5,357,299	0	333,830
WABTEC CORP	COM	929740108	508,469	6,535,590	SH		DFND	1,2	5,977,521	0	558,069
WALMART INC	COM	931142103	87,550	736,701	SH		SOLE		736,701	0	0
WEBSTER FINANCIAL CORP.	COM	947890109	106,630	1,998,320	SH		SOLE		1,771,934	0	226,386
WELLS FARGO CO	COM	949746101	533,565	9,917,574	SH		DFND	1	9,227,477	0	690,097
WILLIS TOWERS WATSON PLC	COM	G96629103	88,357	437,541	SH		SOLE		349,708	0	87,833
WILMAR INTERNATIONAL - UNS ADR	COM	971433107	2,931	97,376	SH		SOLE		97,376	0	0
WSFS FINANCIAL CORP	COM	929328102	33,449	760,374	SH		SOLE		584,582	0	175,792