Richard Pzena's Pzena Investment Management sold 58.4M shares of Nokia Corp ADR (NOK) in 2026 Q2, according to the 13F-HR filed with the SEC on August 7, 2026, 92% of the position. What remains is 5.01M shares worth about $66.5M, 0.2% of the portfolio against 1.66% a quarter earlier.
What did the 2026 Q2 filing report for NOK?
As of June 30, 2026, from the 13F-HR filed August 7, 2026.
| Before | After | |
|---|---|---|
| Shares | 63.4M | 5.01M |
| Shares sold | -58.4M (92%) | |
| Reported value | $509.9M | $66.5M |
| Portfolio weight | 1.66% | 0.2% |
| Rank in portfolio | 79th of 161 |
How much did Richard Pzena cut NOK?
Richard Pzena sold 58.4M shares of NOK during 2026 Q2, cutting the stake from 63.4M to 5.01M. The reported value of the position fell by about $443.4M, from about $509.9M to about $66.5M.
Where does NOK sit in the Richard Pzena portfolio?
NOK ranks 79th of 161 stock positions in the Richard Pzena portfolio at 0.2%, below the fund's average stock position of 1%. The largest stock position is MGA at 6.54%. Next come HUM at 5.13% and BAX at 4.09%. The three largest stocks together are 15.76% of the book. The NOK cut was the largest of the quarter's 162 position changes by percent change to portfolio. Across the 2026 Q2 portfolio, Richard Pzena reported 161 stock positions, with 12 opened and 9 closed. The total portfolio value is about $34.1B, up 11% from the prior quarter.
How long has Richard Pzena held NOK?
Richard Pzena first reported NOK in the quarter ended June 30, 2021. The weight peaked at 1.78% in 2025 Q4. This is the second straight quarter of cuts. Last quarter the fund trimmed it by 31%. Every reported trade is on the Richard Pzena NOK trade history page.
FAQ
How many NOK shares did Richard Pzena sell in 2026 Q2?
Richard Pzena sold 58.4M shares of NOK, 92% of the position, leaving 5.01M shares.
What remains of the NOK position of Richard Pzena?
Richard Pzena still holds 5.01M shares of NOK, worth about $66.5M at June 30, 2026 prices.
How much of the Richard Pzena portfolio is NOK now?
NOK is 0.2% of the Richard Pzena portfolio, down from 1.66% a quarter earlier.