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

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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
ACTIVISION BLIZZARD INC.	COM	00507V109	605	9,097	SH		SOLE		9,097	0	0
ALIBABA GROUP HOLDING LTD. SPON ADR	COM	01609W102	3,665	30,853	SH		SOLE		28,746	0	2,107
AMBEV SA SPON ADR	COM	02319V103	26,327	9,402,393	SH		SOLE		5,623,756	0	3,778,637
AMDOCS LIMITED	COM	G02602103	403,487	5,391,334	SH		DFND	1	4,606,838	0	784,496
AMERICAN EQUITY INVESTMENT LIFE HOLDING COMPANY	COM	025676206	80,402	2,065,824	SH		SOLE		1,574,207	0	491,617
AMERICAN INTERNATIONAL GROUP INC.	COM	026874784	950,150	16,710,346	SH		DFND	1,2	14,561,083	0	2,149,263
AMERICAN WOODMARK CORPORATION	COM	030506109	48,000	736,196	SH		SOLE		565,907	0	170,289
AMERISOURCEBERGEN CORPORATION	COM	03073E105	616	4,633	SH		SOLE		4,633	0	0
AMGEN INC.	COM	031162100	120,330	534,870	SH		SOLE		421,008	0	113,862
ANTHEM INC.	COM	036752103	88,298	190,486	SH		SOLE		190,486	0	0
ARGO GROUP INTERNATIONAL HOLDINGS LTD.	COM	G0464B107	53,841	926,544	SH		SOLE		711,271	0	215,273
ARROW ELECTRONICS INC.	COM	042735100	31,357	233,538	SH		SOLE		233,538	0	0
ASSOCIATED BANC-CORP	COM	045487105	79,023	3,498,138	SH		SOLE		2,700,502	0	797,636
AUTONATION INC.	COM	05329W102	220	1,882	SH		SOLE		1,882	0	0
AVNET INC.	COM	053807103	502,401	12,185,337	SH		DFND	2	9,394,480	0	2,790,857
AXIS CAPITAL HOLDINGS LIMITED	COM	G0692U109	384,423	7,057,524	SH		DFND	1,2	6,384,097	0	673,427
BAIDU INC. SPON ADR CLASS A	COM	056752108	10,681	71,785	SH		OTR		0	0	71,785
BAIDU INC. SPON ADR CLASS A	COM	056752108	104,555	702,700	SH		SOLE		474,880	0	227,820
BAKER HUGHES COMPANY CLASS A	COM	05722G100	549,369	22,833,273	SH		DFND	1,2	19,451,099	0	3,382,174
BANK OF AMERICA CORP	COM	060505104	406,895	9,145,772	SH		DFND	1	8,088,110	0	1,057,662
BARCLAYS PLC SPON ADR	COM	06738E204	573	55,321	SH		SOLE		3,621	0	51,700
BELDEN INC.	COM	077454106	110,644	1,683,316	SH		SOLE		1,330,071	0	353,245
BOOKING HOLDINGS INC.	COM	09857L108	119,460	49,791	SH		DFND	1	46,170	0	3,621
BRISTOL-MYERS SQUIBB COMPANY	COM	110122108	72,058	1,155,708	SH		SOLE		1,155,708	0	0
C.H. ROBINSON WORLDWIDE INC.	COM	12541W209	472	4,388	SH		SOLE		4,388	0	0
CAPITAL ONE FINANCIAL CORPORATION	COM	14040H105	565,993	3,900,980	SH		DFND	1	3,391,311	0	509,669
CARDINAL HEALTH INC.	COM	14149Y108	153,665	2,984,361	SH		DFND	1,2	2,896,182	0	88,179
CBRE GROUP INC. CLASS A	COM	12504L109	15,896	146,489	SH		SOLE		146,489	0	0
CELESTICA INC.	COM	15101Q108	84,514	7,593,324	SH		SOLE		5,848,722	0	1,744,602
CENOVUS ENERGY INC.	COM	15135U109	125,861	10,249,274	SH		DFND	1,2	9,879,006	0	370,268
CEZ AS UNSPON ADR	COM	157214305	2,960	156,399	SH		SOLE		156,399	0	0
CHECK POINT SOFTWARE TECHNOLOGIES LTD.	COM	M22465104	546	4,681	SH		SOLE		4,681	0	0
CHINA CONSTRUCTION BANK CORPORATION UNSPON ADR	COM	168919108	1,695	123,360	SH		SOLE		123,360	0	0
CIGNA CORPORATION	COM	125523100	100,779	438,874	SH		SOLE		389,136	0	49,738
CISCO SYSTEMS INC.	COM	17275R102	36,124	570,053	SH		SOLE		570,053	0	0
CITIGROUP INC.	COM	172967424	681,012	11,276,902	SH		DFND	1	9,693,532	0	1,583,370
CITRIX SYSTEMS INC.	COM	177376100	484	5,117	SH		SOLE		5,117	0	0
CNO FINANCIAL GROUP INC.	COM	12621E103	158,155	6,634,014	SH		DFND	2	5,787,545	0	846,469
COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION CLASS A	COM	192446102	1,250,692	14,097,069	SH		DFND	1,2	11,408,887	0	2,688,182
COMPANHIA ENERGETICA DE MINAS GERAIS SA SPON ADR	COM	204409601	3,984	1,639,365	SH		SOLE		1,639,365	0	0
DANA INCORPORATED	COM	235825205	76,420	3,348,838	SH		SOLE		2,572,313	0	776,525
DELL TECHNOLOGIES INC CLASS C	COM	24703L202	428	7,618	SH		SOLE		7,618	0	0
DIAMONDROCK HOSPITALITY COMPANY	COM	252784301	51,808	5,391,066	SH		SOLE		4,423,165	0	967,901
DOLLAR TREE INC.	COM	256746108	400	2,849	SH		SOLE		2,849	0	0
DONGFENG MOTOR GROUP CO. LTD. UNSPON ADR CLASS H	COM	257738203	1,073	25,144	SH		SOLE		25,144	0	0
DOVER CORPORATION	COM	260003108	252	1,388	SH		SOLE		1,388	0	0
DOW INC.	COM	260557103	364,121	6,419,626	SH		DFND	1,2	6,082,806	0	336,820
EDISON INTERNATIONAL	COM	281020107	1,015,254	14,875,516	SH		DFND	1,2	12,824,535	0	2,050,981
ENERPAC TOOL GROUP CORP CLASS A	COM	292765104	79,943	3,941,949	SH		SOLE		3,391,804	0	550,145
ENTERGY CORPORATION	COM	29364G103	21,469	190,579	SH		SOLE		190,579	0	0
EQUITABLE HOLDINGS INC.	COM	29452E101	724,122	22,083,633	SH		DFND	1	19,453,259	0	2,630,374
EXPEDITORS INTERNATIONAL OF WASHINGTON INC.	COM	302130109	228	1,696	SH		SOLE		1,696	0	0
EXXON MOBIL CORPORATION	COM	30231G102	332,718	5,437,457	SH		DFND	1	4,836,894	0	600,563
FIFTH THIRD BANCORP	COM	316773100	65,766	1,510,122	SH		DFND	2	1,510,122	0	0
FIRST MIDWEST BANCORP INC.	COM	320867104	75,541	3,688,549	SH		SOLE		2,798,451	0	890,098
FLEX LTD.	COM	Y2573F102	12,647	689,939	SH		OTR		0	0	689,939
FLEX LTD.	COM	Y2573F102	138,244	7,541,976	SH		SOLE		4,777,374	0	2,764,602
FORD MOTOR COMPANY	COM	345370860	16,958	816,459	SH		SOLE		816,459	0	0
FRESENIUS MEDICAL CARE AG & CO. KGAA SPON ADR	COM	358029106	307,054	9,459,446	SH		DFND	1,2	9,186,243	0	273,203
GALAXY ENTERTAINMENT GROUP LIMITED UNSPON ADR	COM	36318L203	2,686	103,659	SH		SOLE		103,659	0	0
GAP INC.	COM	364760108	66,727	3,780,585	SH		DFND	2	3,106,744	0	673,841
GENERAL DYNAMICS CORPORATION	COM	369550108	71,989	345,319	SH		SOLE		345,319	0	0
GENERAL ELECTRIC COMPANY	COM	369604301	1,042,334	11,033,492	SH		DFND	1	9,402,090	0	1,631,402
GENPACT LIMITED	COM	G3922B107	26,813	505,149	SH		SOLE		505,149	0	0
GILDAN ACTIVEWEAR INC.	COM	375916103	456,375	10,766,094	SH		DFND	1,2	10,312,620	0	453,474
GILEAD SCIENCES INC.	COM	375558103	247	3,404	SH		SOLE		3,404	0	0
GLOBE LIFE INC.	COM	37959E102	22,648	241,660	SH		SOLE		241,660	0	0
GOLDMAN SACHS GROUP INC.	COM	38141G104	241,140	630,348	SH		DFND	1	592,968	0	37,380
HALLIBURTON COMPANY	COM	406216101	883,350	38,624,847	SH		DFND	1,2	32,857,521	0	5,767,326
HEWLETT PACKARD ENTERPRISE CO.	COM	42824C109	677,070	42,934,080	SH		DFND	1,2	36,538,926	0	6,395,154
HON HAI PRECISION INDUSTRY CO. LTD. SPON GDR 144A	COM	438090888	4,166	554,073	SH		SOLE		554,073	0	0
HON HAI PRECISION INDUSTRY CO. LTD. SPON GDR REGS	COM	438090805	172	23,319	SH		SOLE		23,319	0	0
HONDA MOTOR CO. LTD. SPON ADR	COM	438128308	299	10,511	SH		SOLE		10,511	0	0
HOOKER FURNISHINGS CORPORATION	COM	439038100	30,648	1,316,484	SH		SOLE		998,101	0	318,383
HOPE BANCORP INC.	COM	43940T109	52,192	3,548,064	SH		SOLE		2,736,690	0	811,374
HP INC.	COM	40434L105	221	5,874	SH		SOLE		5,874	0	0
HUMANA INC.	COM	444859102	391	844	SH		SOLE		844	0	0
HUNTINGTON BANCSHARES INCORPORATED	COM	446150104	51,594	3,345,914	SH		SOLE		2,551,187	0	794,727
HYUNDAI MOTOR COMPANY SPON GDR 144A	COM	449187707	2,360	26,847	SH		SOLE		26,847	0	0
ICICI BANK LIMITED SPON ADR	COM	45104G104	12,658	639,602	SH		OTR		0	0	639,602
ICICI BANK LIMITED SPON ADR	COM	45104G104	25,722	1,299,756	SH		SOLE		1,263,120	0	36,636
INTEL CORPORATION	COM	458140100	408	7,928	SH		SOLE		7,928	0	0
INTERPUBLIC GROUP OF COMPANIES INC.	COM	460690100	36,998	987,919	SH		SOLE		588,197	0	399,722
INVESCO LTD.	COM	G491BT108	61,815	2,685,284	SH		DFND	2	2,685,284	0	0
ISHARES INC MSCI TAIWAN ETF	COM	46434G772	320	4,800	SH		SOLE		4,800	0	0
ITAU UNIBANCO HOLDING S.A. SPON ADR PFD	COM	465562106	842	224,429	SH		SOLE		224,429	0	0
ITURAN LOCATION AND CONTROL LTD.	COM	M6158M104	667	25,006	SH		SOLE		25,006	0	0
JELD-WEN HOLDING INC.	COM	47580P103	194,981	7,396,840	SH		DFND	2	6,270,045	0	1,126,795
JOHNSON & JOHNSON	COM	478160104	150,782	881,404	SH		SOLE		881,404	0	0
JPMORGAN CHASE & CO.	COM	46625H100	276,229	1,744,422	SH		DFND	1	1,651,139	0	93,283
JUNIPER NETWORKS INC.	COM	48203R104	68,569	1,920,154	SH		SOLE		1,920,154	0	0
KB FINANCIAL GROUP INC. SPON ADR	COM	48241A105	1,547	33,522	SH		SOLE		33,522	0	0
KBR INC.	COM	48242W106	16,237	340,972	SH		SOLE		340,972	0	0
KEYCORP	COM	493267108	65,318	2,823,949	SH		DFND	2	2,823,949	0	0
LAM RESEARCH CORPORATION	COM	512807108	480	667	SH		SOLE		667	0	0
LEAR CORPORATION	COM	521865204	944,412	5,162,131	SH		DFND	1,2	4,516,321	0	645,810
LENOVO GROUP LIMITED SPON ADR	COM	526250105	2,469	107,424	SH		SOLE		107,424	0	0
LPL FINANCIAL HOLDINGS INC.	COM	50212V100	235	1,465	SH		SOLE		1,465	0	0
MASTEC INC.	COM	576323109	61,678	668,374	SH		DFND	2	579,049	0	89,325
MAXIMUS INC.	COM	577933104	369	4,633	SH		SOLE		4,633	0	0
MCKESSON CORPORATION	COM	58155Q103	733,455	2,950,700	SH		DFND	1,2	2,496,395	0	454,305
MERCK & CO. INC.	COM	58933Y105	528	6,885	SH		SOLE		6,885	0	0
META PLATFORMS INC. CLASS A	COM	30303M102	450	1,338	SH		SOLE		1,338	0	0
METLIFE INC.	COM	59156R108	330,761	5,293,024	SH		DFND	1	4,881,324	0	411,700
MOHAWK INDUSTRIES INC.	COM	608190104	291,315	1,599,051	SH		DFND	1,2	1,539,987	0	59,064
MOOG INC. CLASS A	COM	615394202	44,936	554,965	SH		SOLE		421,335	0	133,630
MORGAN STANLEY	COM	617446448	100,025	1,018,996	SH		SOLE		856,997	0	161,999
MOTORCAR PARTS OF AMERICA INC.	COM	620071100	30,678	1,797,163	SH		SOLE		1,369,560	0	427,603
MRC GLOBAL INC.	COM	55345K103	31,089	4,518,807	SH		SOLE		3,398,594	0	1,120,213
MSC INDUSTRIAL DIRECT CO. INC. CLASS A	COM	553530106	21,984	261,531	SH		SOLE		261,531	0	0
MURPHY OIL CORPORATION	COM	626717102	53,545	2,050,729	SH		SOLE		1,818,886	0	231,843
NEWELL BRANDS INC	COM	651229106	618,998	28,342,422	SH		DFND	1,2	24,417,077	0	3,925,345
NEXTIER OILFIELD SOLUTIONS INC.	COM	65290C105	29,432	8,290,669	SH		SOLE		6,209,351	0	2,081,318
NOKIA OYJ SPON ADR	COM	654902204	586	94,266	SH		SOLE		94,266	0	0
NOV INC	COM	62955J103	551,037	40,666,965	SH		DFND	1,2	34,436,747	0	6,230,218
NRG ENERGY INC.	COM	629377508	742,031	17,224,488	SH		DFND	1,2	16,031,997	0	1,192,491
OIL COMPANY LUKOIL PJSC SPON ADR	COM	69343P105	4,277	47,632	SH		SOLE		47,632	0	0
OLIN CORPORATION	COM	680665205	184,974	3,215,822	SH		DFND	2	2,914,923	0	300,899
ORACLE CORPORATION	COM	68389X105	212,055	2,431,550	SH		SOLE		1,976,701	0	454,849
ORION ENGINEERED CARBONS SA	COM	L72967109	62,346	3,395,766	SH		SOLE		2,596,819	0	798,947
OTP BANK NYRT SPON ADR 144A	COM	67106E101	1,493	58,286	SH		SOLE		58,286	0	0
PACIFIC BASIN SHIPPING LIMITED UNSPON ADR	COM	69402P103	3,217	430,365	SH		SOLE		430,365	0	0
PFIZER INC.	COM	717081103	294,844	4,993,118	SH		DFND	1	4,550,272	0	442,846
PHIBRO ANIMAL HEALTH CORPORATION CLASS A	COM	71742Q106	28,745	1,407,675	SH		SOLE		1,054,959	0	352,716
POSCO SPON ADR	COM	693483109	55,446	951,214	SH		SOLE		931,610	0	19,604
PVH CORP.	COM	693656100	829,292	7,775,831	SH		DFND	1,2	6,564,888	0	1,210,943
QORVO INC.	COM	74736K101	248	1,588	SH		SOLE		1,588	0	0
REGENERON PHARMACEUTICALS INC.	COM	75886F107	571	904	SH		SOLE		904	0	0
REGIONS FINANCIAL CORPORATION	COM	7591EP100	79,132	3,629,926	SH		DFND	2	3,629,926	0	0
REINSURANCE GROUP OF AMERICA INCORPORATED	COM	759351604	50,856	464,479	SH		DFND	2	432,938	0	31,541
REUNERT LIMITED UNSPON ADR	COM	76131U105	915	127,975	SH		SOLE		127,975	0	0
REV GROUP INC.	COM	749527107	51,166	3,615,998	SH		SOLE		2,752,495	0	863,503
ROYAL DUTCH SHELL PLC SPON ADR CLASS A	COM	780259206	174,025	4,009,803	SH		DFND	1	3,918,764	0	91,039
RYDER SYSTEM INC.	COM	783549108	91,616	1,111,434	SH		DFND	2	955,000	0	156,434
SAMSUNG ELECTRONICS CO. LTD. SPON GDR	COM	796050888	4,495	2,730	SH		SOLE		2,730	0	0
SASOL LIMITED SPON ADR	COM	803866300	2,510	153,043	SH		SOLE		153,043	0	0
SCANSOURCE INC.	COM	806037107	55,864	1,592,462	SH		SOLE		1,206,954	0	385,508
SHINHAN FINANCIAL GROUP CO. LTD. SPON ADR	COM	824596100	22,134	716,086	SH		SOLE		686,526	0	29,560
SIAM COMMERCIAL BANK PUBLIC COMPANY LTD UNSPON ADR	COM	825715105	2,658	180,465	SH		SOLE		180,465	0	0
SIGNATURE BANK	COM	82669G104	223	689	SH		SOLE		689	0	0
SKECHERS U.S.A. INC. CLASS A	COM	830566105	209,770	4,833,399	SH		DFND	1,2	4,456,577	0	376,822
SNAP-ON INCORPORATED	COM	833034101	12,106	56,208	SH		SOLE		56,208	0	0
SPECTRUM BRANDS HOLDINGS INC.	COM	84790A105	102,105	1,003,782	SH		SOLE		865,649	0	138,133
SS&C TECHNOLOGIES HOLDINGS INC.	COM	78467J100	234,933	2,865,734	SH		DFND	2	2,466,595	0	399,139
STANDARD CHARTERED PLC UNSPON ADR	COM	853254100	2,666	216,586	SH		SOLE		216,586	0	0
STANLEY BLACK & DECKER INC.	COM	854502101	190,772	1,011,410	SH		SOLE		898,532	0	112,878
STEELCASE INC. CLASS A	COM	858155203	82,160	7,010,227	SH		SOLE		5,532,964	0	1,477,263
SUMITOMO MITSUI FINANCIAL GROUP INC. SPON ADR	COM	86562M209	737	108,562	SH		SOLE		18,154	0	90,408
SUPER MICRO COMPUTER INC.	COM	86800U104	61,912	1,408,690	SH		SOLE		1,075,708	0	332,982
TAIWAN SEMICONDUCTOR MANUFACTURING SPON ADR	COM	874039100	17,470	145,206	SH		SOLE		145,206	0	0
TAIWAN SEMICONDUCTOR MANUFACTURING SPON ADR	COM	874039100	23,955	199,110	SH		OTR		0	0	199,110
TECHNIP ENERGIES NV ADR	COM	87854Y109	41,709	2,876,490	SH		SOLE		1,925,686	0	950,804
TECHNIPFMC PLC	COM	G87110105	124,616	21,050,079	SH		DFND	2	15,367,108	0	5,682,971
TEREX CORPORATION	COM	880779103	142,182	3,235,079	SH		DFND	2	2,720,315	0	514,764
TEXTRON INC.	COM	883203101	277,451	3,593,922	SH		DFND	1	3,305,634	0	288,288
T-MOBILE US INC.	COM	872590104	462	3,983	SH		SOLE		3,983	0	0
TRIMAS CORPORATION	COM	896215209	63,780	1,723,779	SH		SOLE		1,354,240	0	369,539
TRIP.COM GROUP LTD. SPON ADR	COM	89677Q107	15,992	649,552	SH		OTR		0	0	649,552
TRIP.COM GROUP LTD. SPON ADR	COM	89677Q107	171,708	6,974,344	SH		SOLE		4,452,515	0	2,521,829
TRIPLE-S MANAGEMENT CORPORATION CLASS B	COM	896749108	32,998	924,828	SH		SOLE		746,803	0	178,025
TRUEBLUE INC.	COM	89785X101	48,952	1,769,139	SH		SOLE		1,358,783	0	410,356
UBS GROUP AG	COM	H42097107	118,058	6,606,486	SH		DFND	1	6,245,082	0	361,404
UMPQUA HOLDINGS CORPORATION	COM	904214103	51,675	2,685,819	SH		SOLE		2,049,430	0	636,389
UNITED THERAPEUTICS CORPORATION	COM	91307C102	559	2,587	SH		SOLE		2,587	0	0
UNIVERSAL CORP	COM	913456109	48,521	883,485	SH		SOLE		697,972	0	185,513
UNIVEST FINANCIAL CORPORATION	COM	915271100	51,510	1,721,598	SH		SOLE		1,298,816	0	422,782
USANA HEALTH SCIENCES INC.	COM	90328M107	45,098	445,632	SH		SOLE		342,486	0	103,146
VAREX IMAGING CORPORATION	COM	92214X106	37,837	1,199,257	SH		SOLE		930,882	0	268,375
VERIZON COMMUNICATIONS INC.	COM	92343V104	11,801	227,113	SH		SOLE		227,113	0	0
VERTEX PHARMACEUTICALS INCORPORATED	COM	92532F100	638	2,905	SH		SOLE		2,905	0	0
VMWARE INC. CLASS A	COM	928563402	559	4,822	SH		SOLE		4,822	0	0
VORNADO REALTY TRUST	COM	929042109	13,436	320,984	SH		SOLE		320,984	0	0
VOYA FINANCIAL INC.	COM	929089100	321,730	4,851,903	SH		DFND	1,2	4,577,497	0	274,406
VTECH HOLDINGS LIMITED UNSPON ADR	COM	928929207	1,089	139,730	SH		SOLE		139,730	0	0
WEBSTER FINANCIAL CORPORATION	COM	947890109	126,628	2,267,687	SH		SOLE		1,931,882	0	335,805
WELLS FARGO & COMPANY	COM	949746101	905,403	18,870,433	SH		DFND	1	16,471,321	0	2,399,112
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION	COM	929740108	932,034	10,118,702	SH		DFND	1,2	8,692,686	0	1,426,016
WILMAR INTERNATIONAL LIMITED UNSPON ADR	COM	971433107	2,704	86,544	SH		SOLE		86,544	0	0
WSFS FINANCIAL CORPORATION	COM	929328102	35,309	704,492	SH		SOLE		541,889	0	162,603