Richard Pzena's CSCO Position Overview
Richard Pzena (via Pzena Investment Management LLC) currently holds 1.4 M shares of Cisco Systems, Inc. (CSCO) worth $107.56 M, representing 0.32% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 51 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 1.19 M shares. Largest reduction occurred in Q4 2018, reducing 1.78 M 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
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -148,001 | Reduce 9.58% | 1.4 M | $77.03 |
| Q3 2025 | -55,576 | Reduce 3.47% | 1.54 M | $68.42 |
| Q2 2025 | -229,467 | Reduce 12.54% | 1.6 M | $69.38 |
| Q1 2025 | -27,639 | Reduce 1.49% | 1.83 M | $61.71 |
| Q4 2024 | -371,505 | Reduce 16.67% | 1.86 M | $59.20 |
| Q3 2024 | +1.19 M | Add 115.38% | 2.23 M | $53.22 |
| Q2 2024 | -3,833 | Reduce 0.37% | 1.03 M | $47.51 |
| Q1 2024 | +454,988 | Add 77.97% | 1.04 M | $49.91 |
| Q4 2023 | +3,594 | Add 0.62% | 583,559 | $50.52 |
| Q3 2023 | -9,550 | Reduce 1.62% | 579,965 | $53.76 |
| Q2 2023 | +4,738 | Add 0.81% | 589,515 | $51.74 |
| Q1 2023 | -3,731 | Reduce 0.63% | 584,777 | $52.28 |
| Q3 2022 | -5,554 | Reduce 0.93% | 588,508 | $40.00 |
| Q2 2022 | +20,166 | Add 3.51% | 594,062 | $42.64 |
| Q1 2022 | +3,843 | Add 0.67% | 573,896 | $55.76 |
| Q4 2021 | -5,570 | Reduce 0.97% | 570,053 | $63.37 |
| Q3 2021 | +861 | Add 0.15% | 575,623 | $54.43 |
| Q2 2021 | +2,813 | Add 0.49% | 574,762 | $53.00 |
| Q4 2020 | +24 | Add 0.00% | 571,949 | $44.75 |
| Q3 2020 | -1,256 | Reduce 0.22% | 571,925 | $39.39 |
| Q2 2020 | -2,898 | Reduce 0.50% | 573,181 | $46.64 |
| Q1 2020 | +3 | Add 0.00% | 576,079 | $39.31 |
| Q4 2019 | -72 | Reduce 0.01% | 576,076 | $47.96 |
| Q3 2019 | -822 | Reduce 0.14% | 576,148 | $49.41 |
| Q2 2019 | -2,142 | Reduce 0.37% | 576,970 | $54.73 |
| Q1 2019 | -388,595 | Reduce 40.16% | 579,112 | $53.99 |
| Q4 2018 | -1.78 M | Reduce 64.84% | 967,707 | $43.33 |
| Q3 2018 | -7,934 | Reduce 0.29% | 2.75 M | $48.65 |
| Q2 2018 | +35,367 | Add 1.30% | 2.76 M | $43.03 |
| Q1 2018 | -144,324 | Reduce 5.03% | 2.72 M | $42.89 |
| Q4 2017 | +351,930 | Add 13.98% | 2.87 M | $38.30 |
| Q3 2017 | +10,265 | Add 0.41% | 2.52 M | $33.63 |
| Q2 2017 | -574 | Reduce 0.02% | 2.51 M | $31.30 |
| Q1 2017 | -241,994 | Reduce 8.80% | 2.51 M | $33.80 |
| Q4 2016 | -83,550 | Reduce 2.95% | 2.75 M | $30.22 |
| Q3 2016 | +230,115 | Add 8.84% | 2.83 M | $31.72 |
| Q2 2016 | -154,648 | Reduce 5.61% | 2.6 M | $28.69 |
| Q1 2016 | -280,758 | Reduce 9.24% | 2.76 M | $28.47 |
| Q4 2015 | +6,813 | Add 0.22% | 3.04 M | $27.15 |
| Q2 2015 | +14,412 | Add 0.48% | 3.03 M | $27.46 |
| Q1 2015 | +13,157 | Add 0.44% | 3.02 M | $27.53 |
| Q4 2014 | +334,724 | Add 12.54% | 3 M | $27.82 |
| Q3 2014 | +125,475 | Add 4.93% | 2.67 M | $25.17 |
| Q2 2014 | -1.28 M | Reduce 33.51% | 2.54 M | $24.85 |
| Q1 2014 | -3,975 | Reduce 0.10% | 3.83 M | $22.41 |
| Q4 2013 | +607,375 | Add 18.85% | 3.83 M | $22.45 |
| Q3 2013 | +239,950 | Add 8.05% | 3.22 M | $23.42 |
| Q2 2013 | +2.98 M | Add 0.00% | 2.98 M | $24.31 |
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 51 quarters since Q2 2013.
Richard Pzena's largest addition to Cisco Systems, Inc. (CSCO) was in Q2 2013, adding 2,981,950 shares worth $72.49 M.
According to the latest 13F filing for Q4 2025, Richard Pzena's firm, Pzena Investment Management LLC, owns 1,396,376 shares of Cisco Systems, Inc. (CSCO), valued at approximately $107.56 M.
As of the Q4 2025 filing, Cisco Systems, Inc. (CSCO) represents approximately 0.32% of Richard Pzena's publicly disclosed stock portfolio, making it one of their key holdings.
Richard Pzena's peak holding in Cisco Systems, Inc. (CSCO) was 3,829,275 shares, as reported at the end of Q4 2013.