UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13f Cover Page
Report for the Calendar Year or Quarter Ended: September 30, 2000
Pzena Investment Management, LLC
--------------------------------------------------------------------------------
Name of Institutional Investment Manager
830 Third Avenue, 14th Floor New York New York 10022
--------------------------------------------------------------------------------
Business Address (Street) (City) (State) (Zip)
13F File Number: 28-03791
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, and tables, are considered integral parts of this form.
Name, Title and Telephone Number of Person Submitting Report:
Richard S. Pzena Manager (212) 355-1600
--------------------------------------------------------------------------------
Name (Title) (Phone)
Signature, Place and Date of Signing:
/s/ Richard S. Pzena
---------------------------
830 Third Avenue, 14th Floor
New York, New York 10022
10/23/00
Report Type:
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
<PAGE>
Form 13F SUMMARY PAGE
Number of Other Included Managers: None
---------
Form 13F Information Table Entry Total: 90
----
Form 13F Information Table Value Total: $1,011,059,000
----------------
<PAGE>
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
INFORMATION TABLE
PZENA INVESTMENT MANAGEMENT, LLC
FORM 13F INFORMATION TABLE
AS OF DATE: 09/30/00
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AETNA INC COM COM 8117103 54749 942933 SH SOLE 538958 0 403975
AETNA INC COM COM 8117103 871 15000 SH OTHER 15000 0 0
AGCO CORP COM COM 1084102 16650 1402085 SH SOLE 1087185 0 314900
ALEXANDER & BALDWIN INC COM COM 14482103 218 8375 SH SOLE 8375 0 0
AMERADA HESS CORP COM COM 23551104 28154 420600 SH SOLE 232550 0 188050
AMERICAN NATL INS CO COM COM 28591105 249 3900 SH SOLE 3900 0 0
ANIXTER INTL INC COM COM 35290105 12133 416600 SH SOLE 353775 0 62825
ARVINMENTOR, INC COM 43353101 188 12825 SH SOLE 12825 0 0
AUTODESK INC COM COM 52769106 14009 552095 SH SOLE 280870 0 271225
BEVERLY ENTERPRISES INC COM COM 87851309 19018 3203050 SH SOLE 2516675 0 686375
BEVERLY ENTERPRISES INC COM COM 87851309 558 94000 SH OTHER 94000 0 0
BOEING CO COM COM 97023105 26858 426325 SH SOLE 216625 0 209700
BURLINGTON INDS INC NEW COM COM 121693105 76 60600 SH SOLE 60600 0 0
CADENCE DESIGNS SYS INC COM COM 127387108 11881 462538 SH SOLE 373788 0 88750
CBRL GROUP INC COM COM 12489V106 32392 2253386 SH SOLE 1552536 0 700850
CBRL GROUP INC COM COM 12489V106 1042 72500 SH OTHER 72500 0 0
CENTRAL GARDEN & PET CO COM COM 153527106 131 18825 SH SOLE 18825 0 0
CIT GROUP INC CL A COM 125577106 12763 729290 SH SOLE 265540 0 463750
CIT GROUP INC CL A COM 125577106 219 12500 SH OTHER 12500 0 0
CNA FINL CORP COM COM 126117100 5577 145800 SH SOLE 125325 0 20475
CNF TRANSN INC COM COM 12612W104 16837 756700 SH SOLE 437525 0 319175
COMPUTER ASSOCIATE INTL INC COM 204912109 7870 312445 SH SOLE 145770 0 166675
COMPUTER ASSOCIATE INTL INC COM 204912109 126 5000 SH OTHER 5000 0 0
COOPER INDS INC COM COM 216669101 12569 356575 SH SOLE 97300 0 259275
CROMPTON CORPORATION COM 227116100 16735 2125041 SH SOLE 1194916 0 930125
CYTEC INDS INC COM COM 232820100 28758 860040 SH SOLE 544340 0 315700
DIAL CORP NEW COM COM 25247D101 162 13950 SH SOLE 13950 0 0
ENHANCE FINL SVCS GROUP INC COM 293310108 183 14075 SH SOLE 14075 0 0
ESTERLINE TECHNOLOGIES CORP COM 297425100 293 14900 SH SOLE 14900 0 0
EVEREST RE GROUP COM G3223R108 302 6100 SH SOLE 6100 0 0
FIRST CTZNS BANCSHARES NC C COM 31946M103 317 4425 SH SOLE 4425 0 0
FMC CORP COM NEW COM 302491303 40177 599100 SH SOLE 344450 0 254650
FMC CORP COM NEW COM 302491303 798 11900 SH OTHER 11900 0 0
FOUNDATION HEALTH SYSTEMS-A COM 350404109 27080 1628902 SH SOLE 1027027 0 601875
FOUNDATION HEALTH SYSTEMS-A COM 350404109 582 35000 SH OTHER 35000 0 0
GEORGIA PAC CORP COM COM 373298108 24853 1057585 SH SOLE 560960 0 496625
GEORGIA PAC CORP COM COM 373298108 729 31000 SH OTHER 31000 0 0
GEORGIA PAC CORP COM-TIMBER COM 373298702 15819 588625 SH SOLE 453025 0 135600
GEORGIA PAC CORP COM-TIMBER COM 373298702 860 32000 SH OTHER 32000 0 0
HASBRO INC COM COM 418056107 2859 250000 SH SOLE 100000 0 150000
HEALTHCARE RLTY TR COM COM 421946104 21681 1026315 SH SOLE 832490 0 193825
HERBALIFE INTL INC CL B COM 426908307 297 34675 SH SOLE 34675 0 0
HUDSON CITY BANCORP INC COM COM 443683107 268 15775 SH SOLE 15775 0 0
IBP INC COM COM 449223106 239 13050 SH SOLE 13050 0 0
INAMED CORP COM COM 453235103 323 11500 SH OTHER 11500 0 0
JOHN HANCOCK FINANCIAL SERV COM 41014S106 29061 1081325 SH SOLE 579925 0 501400
KELLWOOD CO COM COM 488044108 458 25075 SH SOLE 25075 0 0
KELLWOOD CO COM COM 488044108 694 38000 SH OTHER 38000 0 0
KENNAMETAL INC COM COM 489170100 27243 1057965 SH SOLE 646815 0 411150
LEAR CORP COM COM 521865105 34592 1682300 SH SOLE 879500 0 802800
LOEWS CORP COM COM 540424108 15068 180725 SH SOLE 94325 0 86400
LUBRIZOL CORP COM COM 549271104 37647 1912221 SH SOLE 1054146 0 858075
LUBRIZOL CORP COM COM 549271104 939 47700 SH OTHER 47700 0 0
MAY DEPT STORES CO COM COM 577778103 20270 988795 SH SOLE 429770 0 559025
MILACRON INC COM COM 598709103 182 13700 SH SOLE 13700 0 0
NACCO INDS INC CL A COM 629579103 246 5850 SH SOLE 5850 0 0
NEWPORT NEWS SHIPBLDING INC COM 652228107 3934 90700 SH SOLE 63625 0 27075
NORTHROP GRUMMAN CORP COM COM 666807102 5646 62128 SH SOLE 50503 0 11625
OLD REP INTL CORP COM COM 680223104 18323 761475 SH SOLE 364850 0 396625
PACIFIC CENTY FINL CORP COM COM 694058108 28678 1674638 SH SOLE 988063 0 686575
PACIFIC CENTY FINL CORP COM COM 694058108 308 18000 SH OTHER 18000 0 0
PAYLESS SHOESOURCE INC COM COM 704379106 30290 540889 SH SOLE 306539 0 234350
PHILIP MORRIS COS INC COM COM 718154107 15590 529612 SH SOLE 238412 0 291200
PITTSTON CO BRNKS GRP COM COM 725701106 228 14700 SH SOLE 14700 0 0
PUBLIC SVC CO N MEX COM COM 744499104 270 10425 SH SOLE 10425 0 0
QUANTUM CORP DSSG COM COM 747906204 32121 2132527 SH SOLE 1122827 0 1009700
QUANTUM CORP DSSG COM COM 747906204 618 41000 SH OTHER 41000 0 0
QUANTUM CORP HDDG COM COM 747906303 233 23412 SH SOLE 23412 0 0
QUANTUM CORP HDDG COM COM 747906303 248 25000 SH OTHER 25000 0 0
SARA LEE CORP COM COM 803111103 21855 1075925 SH SOLE 435600 0 640325
SERVICEMASTER CO COM COM 81760N109 2839 287500 SH SOLE 0 0 287500
SILGAN HLDGS INC COM COM 827048109 211 22675 SH SOLE 22675 0 0
SLI INC COM COM 78442T108 141 19350 SH SOLE 19350 0 0
SOUTHTRUST CORP COM COM 844730101 26291 836305 SH SOLE 431555 0 404750
SOUTHWESTERN ENERGY CO COM COM 845467109 204 23350 SH SOLE 23350 0 0
STOCK PERFORMANCE INDEX FUT COM 861121994 19865 112033 SH SOLE 0 0 112033
TENET HEALTHCARE CORP COM COM 88033G100 1084 29800 SH SOLE 29800 0 0
TOSCO CORP COM NEW COM 891490302 29832 956523 SH SOLE 538048 0 418475
TOSCO CORP COM NEW COM 891490302 605 19400 SH OTHER 19400 0 0
UCAR INTL INC COM COM 90262K109 21498 1694389 SH SOLE 926014 0 768375
UNICOM CORP COM COM 904911104 30062 535029 SH SOLE 334254 0 200775
UNION PAC CORP COM COM 907818108 33993 874425 SH SOLE 413300 0 461125
UNIVERSAL CORP VA COM COM 913456109 215 7325 SH SOLE 7325 0 0
UNIVERSAL CORP VA COM COM 913456109 734 25000 SH OTHER 25000 0 0
USX-MARATHON GROUP COM NEW COM 902905827 25639 903575 SH SOLE 431050 0 472525
USX-MARATHON GROUP COM NEW COM 902905827 142 5000 SH OTHER 5000 0 0
VENTAS INC COM COM 92276F100 200 40000 SH OTHER 40000 0 0
***ESG RE LTD ORD COM G31215109 265 89300 SH OTHER 89300 0 0
***PRECISION DRILLING CORP COM 74022D100 11252 315851 SH SOLE 240001 0 75850
***XL CAPITAL LTD CL A COM G98255105 22792 310100 SH SOLE 168400 0 141700
</TABLE>
