Richard Pzena acquired 6.76M Lear shares worth $973M. That's 2.85% of their equity portfolio (11th largest holding). The investor owns 13.57% of the outstanding Lear stock. The first Lear trade was made in Q4 2018. Since then Richard Pzena bought shares thirteen more times and sold shares on sixteen occasions. The stake costed the investor $923M, netting the investor a gain of 5.5% so far.
On December 31, 2023, Pzena Investment Management, LLC, led by value investing stalwart Richard Pzena (Trades, Portfolio), made a notable adjustment to its h...
https://www.investing.com/news/stock-market-news/pzena-investment-management-reduced-stake-in-lear-corp-2403869