Richard Pzena's Pzena Investment Management exited Cisco Systems Inc (CSCO) during 2026 Q3, according to the 13F-HR filed with the SEC on October 30, 2026, selling all 1.28M shares. The position had been worth about $151M at the prior quarter-end and carried 0.44% of the book. CSCO had been in the portfolio for about 13 years, since at least the quarter ended June 30, 2013.
What did the 2026 Q3 filing report for CSCO?
As of September 30, 2026, from the 13F-HR filed October 30, 2026.
| Before | After | |
|---|---|---|
| Shares | 1.28M | 0 |
| Reported value | $151M | $0 |
| Portfolio weight | 0.44% | 0% |
| Held since | at least 2013 Q2 | sold out in 2026 Q3 |
| Quarters held | 53 |
What did Richard Pzena sell?
Richard Pzena sold 1.28M shares of CSCO between the quarter ended June 30, 2026 and September 30, 2026. The CSCO exit was the 10th largest of the quarter's 163 position changes by percent change to portfolio.
Where does CSCO sit in the Richard Pzena portfolio?
Before the sale, CSCO carried 0.44% of the Richard Pzena portfolio, below the fund's average stock position of 1%. The largest stock position is MGA at 5.65%. Next come BAX at 4.39% and CTSH at 4.18%. The three largest stocks together are 14.22% of the book. Across the 2026 Q3 portfolio, Richard Pzena reported 159 stock positions, with 10 opened and 12 closed. The total portfolio value is about $34.1B, little changed from the prior quarter.
How long has Richard Pzena held CSCO?
Richard Pzena held CSCO for about 13 years, since at least the quarter ended June 30, 2013 to June 30, 2026. The weight peaked at 0.65% in 2018 Q3. Last quarter the fund had trimmed the position by 2%. Every reported trade is on the Richard Pzena CSCO trade history page.
FAQ
How many CSCO shares did Richard Pzena sell?
Richard Pzena sold all 1.28M shares of CSCO it reported a quarter earlier, worth about $151M.
When did Richard Pzena first buy CSCO?
Richard Pzena has held CSCO since at least the quarter ended June 30, 2013, the start of the filings we track.
How much of the Richard Pzena portfolio was CSCO?
CSCO was 0.44% of the Richard Pzena portfolio at the prior quarter-end, and 0% after the sale.