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: 9/30/99
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
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830 Third Avenue, 14th Floor
New York, New York 10022
8/13/99
Report Summary:
Number of Other Included Managers: None
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Form 13F Information Table Entry Total: 50
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Form 13F Information Table Value Total: $713,401,000
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<PAGE>
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
FORM 13F INFORMATION TABLE
AS OF DATE: 09/30/99
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 8117103 16977 344715 SH SOLE 284165 0 60550
AGCO CORP COM COM 1084102 39513 3039425 SH SOLE 2747100 0 292325
ANIXTER INTL INC COM COM 35290105 44991 1935104 SH SOLE 1705579 0 229525
AUTODESK INC COM COM 52769106 6373 291325 SH SOLE 254425 0 36900
AVNET INC COM COM 53807103 18257 434700 SH SOLE 368650 0 66050
BEVERLY ENTERPRISES I COM 87851309 32268 7592500 SH SOLE 6725525 0 866975
BOEING CO COM COM 97023105 39095 917175 SH SOLE 831625 0 85550
BURLINGTON INDS INC N COM 121693105 18559 4124255 SH SOLE 3804680 0 319575
CADENCE DESIGNS SYS I COM 127387108 6530 488200 SH SOLE 413550 0 74650
CBRL GROUP INC COM COM 12489V106 2974 191875 SH SOLE 135175 0 56700
CK WITCO CORP. COM 12562C108 13041 876725 SH SOLE 715525 0 161200
CNA FINL CORP COM COM 126117100 11924 340675 SH SOLE 318700 0 21975
COLUMBIA / HCA HEALTH COM 197677107 8596 405707 SH SOLE 379482 0 26225
CYTEC INDS INC COM COM 232820100 21981 935350 SH SOLE 838375 0 96975
DELTA AIR LINES INC D COM 247361108 424 8750 SH SOLE 8750 0 0
FLEMING COS INC COM COM 339130106 1857 189225 SH SOLE 157900 0 31325
FMC CORP COM NEW COM 302491303 13287 275375 SH SOLE 226200 0 49175
FOUNDATION HEALTH SYS COM 350404109 7767 823025 SH SOLE 725825 0 97200
GOODRICH B F CO COM COM 382388106 12187 420236 SH SOLE 371316 0 48920
HEALTHCARE RLTY TR CO COM 421946104 10423 555875 SH SOLE 465500 0 90375
HUSSMANN INTL INC COM COM 448110106 13400 788225 SH SOLE 630375 0 157850
KENNAMETAL INC COM COM 489170100 23205 896825 SH SOLE 751300 0 145525
LEAR CORP COM COM 521865105 16177 459725 SH SOLE 397375 0 62350
LOCKHEED MARTIN CORP COM 539830109 6263 191600 SH SOLE 160650 0 30950
LOEWS CORP COM COM 540424108 549 7825 SH SOLE 7825 0 0
LUBRIZOL CORP COM COM 549271104 25110 977525 SH SOLE 865900 0 111625
NABISCO GROUP HOLDING COM 62952P102 1546 103100 SH SOLE 103100 0 0
NORTHEAST UTILS COM COM 664397106 12439 676975 SH SOLE 581625 0 95350
NORTHROP GRUMMAN CORP COM 666807102 9053 142425 SH SOLE 134000 0 8425
OLD REP INTL CORP COM COM 680223104 4139 286700 SH SOLE 192275 0 94425
OWENS CORNING COM COM 69073F103 4020 185350 SH SOLE 155550 0 29800
PACIFIC CENTY FINL CO COM 694058108 19832 970350 SH SOLE 766675 0 203675
PAYLESS SHOESOURCE IN COM 704379106 20766 411200 SH SOLE 353000 0 58200
PHILIP MORRIS COS INC COM 718154107 15873 464279 SH SOLE 408154 0 56125
PMI GROUP INC COM COM 69344M101 8497 207873 SH SOLE 165723 0 42150
POLARIS INDS INC COM COM 731068102 10323 298125 SH SOLE 268000 0 30125
QUANTUM CORP DSSG COM COM 747906204 26919 1914251 SH SOLE 1717926 0 196325
QUANTUM CORP HDDG COM COM 747906303 6939 932911 SH SOLE 834749 0 98162
QUEST DIAGNOSTICS INC COM 74834L100 34014 1308215 SH SOLE 1200690 0 107525
REYNOLDS R J TOB HLDG COM 76182K105 714 26458 SH SOLE 26458 0 0
RYDER SYS INC COM COM 783549108 2813 138075 SH SOLE 110200 0 27875
ST PAUL COS INC COM COM 792860108 9548 347209 SH SOLE 317908 0 29301
TENET HEALTHCARE CORP COM 88033G100 2089 118975 SH SOLE 118975 0 0
TOSCO CORP COM NEW COM 891490302 17229 682350 SH SOLE 563200 0 119150
UCAR INTL INC COM COM 90262K109 42444 1860550 SH SOLE 1656200 0 204350
UNICOM CORP COM COM 904911104 13419 363278 SH SOLE 308078 0 55200
UNION CARBIDE CORP CO COM 905581104 1578 27775 SH SOLE 27775 0 0
UNION PAC CORP COM COM 907818108 12141 252600 SH SOLE 246250 0 6350
***CANADIAN PAC LTD N COM 135923100 12866 564000 SH SOLE 489125 0 74875
***FRUIT OF THE LOOM COM G3682L105 12471 3628050 SH SOLE 3197725 0 430325
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