Richard Pzena (Trades, Portfolio), the founder and co-chief investment officer of Pzena Investment Management, bought shares of the following stocks in both the first quarter of 2018 and fourth quarter of 2017.
In the fourth quarter, the guru increased his position by 23.91% and added another 34.10% in the first quarter.
With a market cap of $61.84 billion, the company provides commercial and personal property and casualty insurance. Its revenue of $32.56 billion has increased by 5.70% over the past five years.
The T Rowe Price Equity Income Fund (Trades, Portfolio) is the largest shareholder of the company among the gurus with 0.44% of outstanding shares, followed by Jim Simons (Trades, Portfolio) with 0.38% and Chris Davis (Trades, Portfolio) with 0.31%.
Omega Healthcare Investors Inc. (OHI, Financial)
The investor boosted his holding by 51.52% in the fourth quarter and added another 25.93% in the first quarter.
The self-administered real estate investment trust has a market cap of $5.34 billion. Its revenue of $812.96 million has grown 6.5% over the past five years
The company's largest guru shareholder is Pioneer Investments (Trades, Portfolio) with 0.14% of outstanding shares, followed by Pzena with 0.01%.
Brown & Brown Inc. (BRO, Financial)
The guru added 21.44% to the position in the fourth quarter and 52.95% in the first quarter.
With a market cap of $7.59 billion, the company offers insurance products and services. Its revenue of $1.91 billion has increased by 9.70% over the past five years.
Simons is the company's largest guru shareholder with 1.34% of outstanding shares, followed by Diamond Hill Capital (Trades, Portfolio) with 1.13%, Steven Cohen (Trades, Portfolio) with 0.18% and Chuck Royce (Trades, Portfolio) with 0.05%.
Ingredion Inc. (INGR, Financial)
In the fourth quarter, Pzena increased the holding by 15.23% and increased it by 51.24% in the first quarter.
The company, which supplies high-quality food and industrial ingredients to customers around the world, has a market cap of $8.18 billion. Its revenue of $6.22 billion has declined by 1% over the past five years.
The company's largest guru shareholder is Ken Fisher (Trades, Portfolio) with 1.12% of outstanding shares, followed by Simons with 0.6% and Pioneer Investments with 0.55%.
AmerisourceBergen Corp. (ABC, Financial)
In the fourth quarter, the guru increased the position 34.73% and then added another 50.09% in the first quarter.
With a market cap of $18.98 billion, the company provides drug distribution and related health care services. Its revenue of $159.32 billion has grown 18.60% over the past five years.
Seth Klarman (Trades, Portfolio) is another notable guru shareholder of the company with 0.65% of outstanding shares, followed by Cohen with 0.14% and Joel Greenblatt (Trades, Portfolio) with 0.13%.
Alleghany Corp. (Y, Financial)
Pzena increased his stake by 32.22% in the fourth quarter and by 48.92% in the first quarter.
With a market cap of $8.83 billion, the company offers property and casualty insurance in the United States. Its revenue of $6.47 billion has grown 8.70% over the past five years.
The company's largest shareholder among the gurus is Royce with 1.01% of outstanding shares, followed by Davis with 0.52% and Third Avenue Management (Trades, Portfolio) with 0.45%.
In the fourth quarter, Pzena increased the position by 18.06% and added another 27.49% in the first quarter.
The software company has a market cap of $9.56 billion. Its revenue of $3.90 billion has increased 6.60% over the past five years.
Manning & Napier Advisors is the company's largest guru shareholder with 1.95% of outstanding shares, followed by Charles de Vaulx (Trades, Portfolio) with 0.65% and Simons with 0.61%.
The investor added 24.37% to his stake in the fourth quarter and then boosted it by 70.28% in the first quarter.
With a market cap of $46.57 billion, the company develops, owns and manages generation assets, including renewable energy projects. Its revenue of $23.63 billion, has grown 3.20% over the past five years.
The company's largest shareholder among the gurus is the T. Rowe Price Equity Income Fund with 0.8% of outstanding shares, followed by Simons with 0.09% and John Rogers (Trades, Portfolio) with 0.09%.
Disclosure: I do not own any stocks mentioned in this article.
