Richard Pzena's DOW Position Overview
Richard Pzena (via Pzena Investment Management LLC) currently holds 27.63 M shares of Dow Inc. (DOW) worth $645.92 M, representing 1.93% of the portfolio. First purchased in 2020-Q1, this long-term strategic position has been held for 24 quarters.
Based on 13F filings, Richard Pzena has maintained a strategic position in DOW, demonstrating sustained confidence in this investment. Largest addition occurred in Q1 2025, adding 6.16 M shares. Largest reduction occurred in Q3 2020, reducing 669,223 shares.
Analysis based on 13F filings available since 2013 Q2
Richard Pzena's Dow (DOW) Holding Value Over Time
Track share changes against reported price movement
Quarterly Dow (DOW) Trades by Richard Pzena
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +460,658 | Add 1.70% | 27.63 M | $23.38 |
| Q3 2025 | +74,991 | Add 0.28% | 27.17 M | $22.93 |
| Q2 2025 | +2.13 M | Add 8.55% | 27.09 M | $26.48 |
| Q1 2025 | +6.16 M | Add 32.80% | 24.96 M | $34.92 |
| Q4 2024 | -158,908 | Reduce 0.84% | 18.79 M | $40.13 |
| Q3 2024 | +86,007 | Add 0.46% | 18.95 M | $54.63 |
| Q2 2024 | +347,565 | Add 1.88% | 18.87 M | $53.05 |
| Q1 2024 | -42,057 | Reduce 0.23% | 18.52 M | $57.93 |
| Q4 2023 | +329,676 | Add 1.81% | 18.56 M | $54.84 |
| Q3 2023 | +3.35 M | Add 22.49% | 18.23 M | $51.56 |
| Q2 2023 | -17,255 | Reduce 0.12% | 14.88 M | $53.26 |
| Q1 2023 | +4.37 M | Add 41.43% | 14.9 M | $54.82 |
| Q4 2022 | +3.02 M | Add 40.27% | 10.54 M | $50.39 |
| Q3 2022 | +1.23 M | Add 19.67% | 7.51 M | $43.93 |
| Q2 2022 | -11,704 | Reduce 0.19% | 6.28 M | $51.61 |
| Q1 2022 | -131,134 | Reduce 2.04% | 6.29 M | $63.72 |
| Q4 2021 | +207,120 | Add 3.33% | 6.42 M | $56.72 |
| Q3 2021 | +897,601 | Add 16.89% | 6.21 M | $57.56 |
| Q2 2021 | -106,217 | Reduce 1.96% | 5.31 M | $63.28 |
| Q1 2021 | +2,246 | Add 0.04% | 5.42 M | $63.94 |
| Q4 2020 | -340,884 | Reduce 5.92% | 5.42 M | $55.50 |
| Q3 2020 | -669,223 | Reduce 10.41% | 5.76 M | $47.05 |
| Q2 2020 | +1.86 M | Add 40.66% | 6.43 M | $40.76 |
| Q1 2020 | +4.57 M | New Buy | 4.57 M | $29.24 |
Richard Pzena's Dow Investment FAQs
Richard Pzena first purchased Dow Inc. (DOW) in Q1 2020, acquiring 4,570,427 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 Dow Inc. (DOW) for 24 quarters since Q1 2020.
Richard Pzena's largest addition to Dow Inc. (DOW) was in Q1 2025, adding 24,956,985 shares worth $871.5 M.
According to the latest 13F filing for Q4 2025, Richard Pzena's firm, Pzena Investment Management LLC, owns 27,626,887 shares of Dow Inc. (DOW), valued at approximately $645.92 M.
As of the Q4 2025 filing, Dow Inc. (DOW) represents approximately 1.93% of Richard Pzena's publicly disclosed stock portfolio, making it one of their key holdings.
Richard Pzena's peak holding in Dow Inc. (DOW) was 27,626,887 shares, as reported at the end of Q4 2025.