Richard Pzena's CSCO Position Overview
Richard Pzena (via Pzena Investment Management LLC) currently holds 1.5M shares of Cisco Systems, Inc. (CSCO) worth $105.67 M, representing 0.34% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Richard Pzena has maintained a long-term strategic position in CSCO, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2024, adding 1.2M shares. Largest reduction occurred in Q4 2018, reducing 1.8M shares.
Analysis based on 13F filings available since 2013 Q2
Richard Pzena's Cisco Systems (CSCO) Holding Value Over Time
Track share changes against reported price movement
Quarterly Cisco Systems (CSCO) Trades by Richard Pzena
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +2.98 M | Add 0.00% | 2.98 M | $24.31 |
| Q3 2013 | +239,950 | Add 8.05% | 3.22 M | $23.42 |
| Q4 2013 | +607,375 | Add 18.85% | 3.83 M | $22.45 |
| Q1 2014 | -3,975 | Reduce 0.10% | 3.83 M | $22.41 |
| Q2 2014 | -1.28 M | Reduce 33.51% | 2.54 M | $24.85 |
| Q3 2014 | +125,475 | Add 4.93% | 2.67 M | $25.17 |
| Q4 2014 | +334,724 | Add 12.54% | 3 M | $27.82 |
| Q1 2015 | +13,157 | Add 0.44% | 3.02 M | $27.53 |
| Q2 2015 | +14,412 | Add 0.48% | 3.03 M | $27.46 |
| Q4 2015 | +6,813 | Add 0.22% | 3.04 M | $27.15 |
| Q1 2016 | -280,758 | Reduce 9.24% | 2.76 M | $28.47 |
| Q2 2016 | -154,648 | Reduce 5.61% | 2.6 M | $28.69 |
| Q3 2016 | +230,115 | Add 8.84% | 2.83 M | $31.72 |
| Q4 2016 | -83,550 | Reduce 2.95% | 2.75 M | $30.22 |
| Q1 2017 | -241,994 | Reduce 8.80% | 2.51 M | $33.80 |
| Q2 2017 | -574 | Reduce 0.02% | 2.51 M | $31.30 |
| Q3 2017 | +10,265 | Add 0.41% | 2.52 M | $33.63 |
| Q4 2017 | +351,930 | Add 13.98% | 2.87 M | $38.30 |
| Q1 2018 | -144,324 | Reduce 5.03% | 2.72 M | $42.89 |
| Q2 2018 | +35,367 | Add 1.30% | 2.76 M | $43.03 |
| Q3 2018 | -7,934 | Reduce 0.29% | 2.75 M | $48.65 |
| Q4 2018 | -1.78 M | Reduce 64.84% | 967,707 | $43.33 |
| Q1 2019 | -388,595 | Reduce 40.16% | 579,112 | $53.99 |
| Q2 2019 | -2,142 | Reduce 0.37% | 576,970 | $54.73 |
| Q3 2019 | -822 | Reduce 0.14% | 576,148 | $49.41 |
| Q4 2019 | -72 | Reduce 0.01% | 576,076 | $47.96 |
| Q1 2020 | +3 | Add 0.00% | 576,079 | $39.31 |
| Q2 2020 | -2,898 | Reduce 0.50% | 573,181 | $46.64 |
| Q3 2020 | -1,256 | Reduce 0.22% | 571,925 | $39.39 |
| Q4 2020 | +24 | Add 0.00% | 571,949 | $44.75 |
| Q2 2021 | +2,813 | Add 0.49% | 574,762 | $53.00 |
| Q3 2021 | +861 | Add 0.15% | 575,623 | $54.43 |
| Q4 2021 | -5,570 | Reduce 0.97% | 570,053 | $63.37 |
| Q1 2022 | +3,843 | Add 0.67% | 573,896 | $55.76 |
| Q2 2022 | +20,166 | Add 3.51% | 594,062 | $42.64 |
| Q3 2022 | -5,554 | Reduce 0.93% | 588,508 | $40.00 |
| Q1 2023 | -3,731 | Reduce 0.63% | 584,777 | $52.28 |
| Q2 2023 | +4,738 | Add 0.81% | 589,515 | $51.74 |
| Q3 2023 | -9,550 | Reduce 1.62% | 579,965 | $53.76 |
| Q4 2023 | +3,594 | Add 0.62% | 583,559 | $50.52 |
| Q1 2024 | +454,988 | Add 77.97% | 1.04 M | $49.91 |
| Q2 2024 | -3,833 | Reduce 0.37% | 1.03 M | $47.51 |
| Q3 2024 | +1.19 M | Add 115.38% | 2.23 M | $53.22 |
| Q4 2024 | -371,505 | Reduce 16.67% | 1.86 M | $59.20 |
| Q1 2025 | -27,639 | Reduce 1.49% | 1.83 M | $61.71 |
| Q2 2025 | -229,467 | Reduce 12.54% | 1.6 M | $69.38 |
| Q3 2025 | -55,576 | Reduce 3.47% | 1.54 M | $68.42 |
Richard Pzena's Cisco Systems Investment FAQs
Richard Pzena first purchased Cisco Systems, Inc. (CSCO) in Q2 2013, acquiring 2,981,950 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Richard Pzena has held Cisco Systems, Inc. (CSCO) for 50 quarters since Q2 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Richard Pzena's largest addition to Cisco Systems, Inc. (CSCO) was in Q2 2013, adding 2,981,950 shares worth $72.49 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Richard Pzena's firm, Pzena Investment Management LLC, owns 1,544,377 shares of Cisco Systems, Inc. (CSCO), valued at approximately $105.67 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Cisco Systems, Inc. (CSCO) represents approximately 0.34% of Richard Pzena's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Richard Pzena's peak holding in Cisco Systems, Inc. (CSCO) was 3,829,275 shares, as reported at the end of Q4 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.