UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F-HR
NAME OF REPORTING MANAGER:
PZENA INVESTMENT MANAGEMENT, LLC
Report for the Calendar Year or Quarter Ended: 3/31/99
Institutional Investment Manager: PZENA INVESTMENT MANAGEMENT, LLC
I REPRESENT THAT I AM AUTHORIZED T SUBMIT THIS FORM AND THAT ALL INFORMATION IN
THIS FORM AND THE ATTACHMENTS TO IT ARE TRUE, CORRECT AND COMPLETE, AND I
UNDERSTAND THAT ALL REQUIRED ITEMS, STATEMENTS AND SCHEDULES ARE INTEGRAL PARTS
OF THIS FORM AND THAT THE SUBMISSION OF ANY AMENDMENT REPRESENTS THAT ALL
UNAMENDED ITEMS, STATEMENTS AND SCHEDULES REMAIN TRUE, CORRECT AND COMPLETE AS
PREVIOUSLY SUBMITTED.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
Name, Title and Telephone Number of Person Submitting Report:
Richard S. Pzena, Manager
(212) 355-1600
Signature, Place and Date of Signing:
/s/ Richard S. Pzena
- ---------------------------
830 Third Avenue, 14th Floor
New York, New York 10022
4/30/99
Report Summary:
Number of Other Included Managers: None
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Form 13F Information Table Entry Total: 46
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Form 13F Information Table Value Total: $611,449,814
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F-HR
NAME OF REPORTING MANAGER:
PZENA INVESTMENT MANAGEMENT, LLC
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PORTVUE-SEC13F.LNP PZENA INVESTMENT MANAGEMENT, LLC PAGE 2
RUN DATE: 04/09/99 11:12 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 03/31/99
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
AETNA INC COM COM 008117103 20069 241790 SH SOLE 233665 0 8125
AGCO CORP COM COM 001084102 16224 2472275 SH SOLE 2330975 0 141300
ANIXTER INTL INC COM COM 035290105 24739 2072381 SH SOLE 1961056 0 111325
AVNET INC COM COM 053807103 13415 365025 SH SOLE 346300 0 18725
BEVERLY ENTERPRISES INC COM NE COM 087851309 29088 5675750 SH SOLE 5329925 0 345825
BOEING CO COM COM 097023105 36588 1076125 SH SOLE 1023675 0 52450
BURLINGTON INDS INC NEW COM COM 121693105 25971 3920160 SH SOLE 3732735 0 187425
CNA FINL CORP COM COM 126117100 16270 419200 SH SOLE 397225 0 21975
COLTEC INDS INC COM COM 196879100 22865 1257198 SH SOLE 1206373 0 50825
COLUMBIA / HCA HEALTHCARE CP C COM 197677107 8077 426482 SH SOLE 400257 0 26225
CYTEC INDS INC COM COM 232820100 17395 779625 SH SOLE 741025 0 38600
DELTA AIR LINES INC DEL COM COM 247361108 1711 24625 SH SOLE 24625 0 0
FDX CORPORATION COM 31304N107 12557 135025 SH SOLE 127350 0 7675
FLEMING COS INC COM COM 339130106 5217 609300 SH SOLE 553925 0 55375
FLUOR CORP COM COM 343861100 4096 151700 SH SOLE 136650 0 15050
FMC CORP COM NEW COM 302491303 10748 217675 SH SOLE 205225 0 12450
FOUNDATION HEALTH SYSTEMS-A COM 350404109 16012 1313800 SH SOLE 1237850 0 75950
GLOBAL MARINE INC COM NEW COM 379352404 3860 328500 SH SOLE 264850 0 63650
HEALTHCARE RLTY TR COM COM 421946104 3332 175375 SH SOLE 141700 0 33675
HUSSMANN INTL INC COM COM 448110106 9387 639100 SH SOLE 586175 0 52925
KENNAMETAL INC COM COM 489170100 11432 648650 SH SOLE 605925 0 42725
LEAR CORP COM COM 521865105 19091 447225 SH SOLE 424775 0 22450
LOCKHEED MARTIN CORP COM COM 539830109 7260 192325 SH SOLE 181075 0 11250
LYONDELL CHEMICAL CO COM COM 552078107 1833 133900 SH SOLE 113800 0 20100
NEVADA PWR CO COM COM 641423108 6462 261075 SH SOLE 261075 0 0
NORTHEAST UTILS COM COM 664397106 8731 629275 SH SOLE 599375 0 29900
NORTHROP GRUMMAN CORP COM COM 666807102 8109 135425 SH SOLE 130000 0 5425
OWENS CORNING COM COM 69073F103 3537 111175 SH SOLE 111175 0 0
PACIFIC CENTY FINL CORP COM COM 694058108 14031 672125 SH SOLE 620725 0 51400
PAYLESS SHOESOURCE INC COM COM 704379106 2920 62800 SH SOLE 62800 0 0
PHILIP MORRIS COS INC COM COM 718154107 9471 269155 SH SOLE 240180 0 28975
PMI GROUP INC COM COM 69344M101 3033 65400 SH SOLE 65400 0 0
POLARIS INDS INC COM COM 731068102 10010 315275 SH SOLE 295150 0 20125
QUANTUM CORP COM COM 747906105 26254 1458576 SH SOLE 1390176 0 68400
QUEST DIAGNOSTICS INC COM COM 74834L100 34520 1551445 SH SOLE 1483095 0 68350
READERS DIGEST ASSN INC CL A N COM 755267101 5257 167225 SH SOLE 160625 0 6600
RJR NABISCO HLDGS CORP COM NEW COM 74960K876 17762 710490 SH SOLE 673140 0 37350
ST PAUL COS INC COM COM 792860108 11620 374074 SH SOLE 344773 0 29301
TOSCO CORP COM NEW COM 891490302 11435 460850 SH SOLE 442075 0 18775
UCAR INTL INC COM COM 90262K109 20444 1447375 SH SOLE 1374050 0 73325
UNICOM CORP COM COM 904911104 9069 248033 SH SOLE 227883 0 20150
UNION CARBIDE CORP COM COM 905581104 14648 324150 SH SOLE 304650 0 19500
UNION PAC CORP COM COM 907818108 15138 283285 SH SOLE 269610 0 13675
VENTAS INC COM COM 92276F100 2836 472700 SH SOLE 436225 0 36475
***CANADIAN PAC LTD NEW COM COM 135923100 10210 521925 SH SOLE 491650 0 30275
***FRUIT OF THE LOOM LTD CL A COM G3682L105 27558 2563525 SH SOLE 2429900 0 133625
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