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Richard Pzena's Pzena Investment Management exited its entire WBS position, held for more than 13 years.

Sold out of a position that was 3,189 shares worth $244K as of the previous filing.
Published · Based on SEC filings

High impact
Position exited
2026 Q3

Richard Pzena's Pzena Investment Management sold its entire Webster Financial Corp (WBS) position in 2026 Q3, according to the 13F-HR filed with the SEC on October 30, 2026. The prior filing listed 3.19K shares worth about $244K, under 0.01% of the portfolio; the 2026 Q3 filing lists none. WBS 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 WBS?

As of September 30, 2026, from the 13F-HR filed October 30, 2026.

Before After
Shares 3.19K 0
Reported value $244K $0
Portfolio weight under 0.01% 0%
Held since at least 2013 Q2 sold out in 2026 Q3
Quarters held 53

What did Richard Pzena sell?

Richard Pzena sold 3.19K shares of WBS between the quarter ended June 30, 2026 and September 30, 2026. The WBS exit was the 138th largest of the quarter's 163 position changes by percent change to portfolio.

Where does WBS sit in the Richard Pzena portfolio?

Before the sale, WBS 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.

Richard Pzena buys and sells, 2026 Q3

How long has Richard Pzena held WBS?

Richard Pzena held WBS for about 13 years, since at least the quarter ended June 30, 2013 to June 30, 2026. The weight peaked at 0.59% in 2016 Q4. Last quarter the fund had already cut the position by 99%, so the exit finishes a two-quarter unwind. Every reported trade is on the Richard Pzena WBS trade history page.

Richard Pzena shares of WBS by quarter

FAQ

How many WBS shares did Richard Pzena sell?

Richard Pzena sold all 3.19K shares of WBS it reported a quarter earlier, worth about $244K.

When did Richard Pzena first buy WBS?

Richard Pzena has held WBS since at least the quarter ended June 30, 2013, the start of the filings we track.

How much of the Richard Pzena portfolio was WBS?

WBS was under 0.01% of the Richard Pzena portfolio at the prior quarter-end, and 0% after the sale.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Amelia Ingram
Amelia Ingram
Valuesider analyst