Richard Pzena's Pzena Investment Management exited ArcelorMittal SA ADR (MT) during 2026 Q3, according to the 13F-HR filed with the SEC on October 30, 2026, selling all 8.18K shares. The position had been worth about $493K at the prior quarter-end and carried under 0.01% of the book. MT had been in the portfolio for about 4 years, since the quarter ended December 31, 2022.
What did the 2026 Q3 filing report for MT?
As of September 30, 2026, from the 13F-HR filed October 30, 2026.
| Before | After | |
|---|---|---|
| Shares | 8.18K | 0 |
| Reported value | $493K | $0 |
| Portfolio weight | under 0.01% | 0% |
| Held since | 2022 Q4 | sold out in 2026 Q3 |
| Quarters held | 15 |
What did Richard Pzena sell?
Richard Pzena sold 8.18K shares of MT between the quarter ended June 30, 2026 and September 30, 2026. The MT exit was the 117th largest of the quarter's 163 position changes by percent change to portfolio.
Where does MT sit in the Richard Pzena portfolio?
Before the sale, MT carried under 0.01% 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 MT?
Richard Pzena held MT for about 4 years, from the quarter ended December 31, 2022 to June 30, 2026. The weight peaked at under 0.01% in 2025 Q4. Last quarter the fund had already cut the position by 56%, so the exit finishes a two-quarter unwind. Every reported trade is on the Richard Pzena MT trade history page.
FAQ
How many MT shares did Richard Pzena sell?
Richard Pzena sold all 8.18K shares of MT it reported a quarter earlier, worth about $493K.
When did Richard Pzena first buy MT?
Richard Pzena first reported MT in the quarter ended December 31, 2022.
How much of the Richard Pzena portfolio was MT?
MT was under 0.01% of the Richard Pzena portfolio at the prior quarter-end, and 0% after the sale.