Richard Pzena's NOK Position Overview
Richard Pzena (via Pzena Investment Management LLC) currently holds 63.43 M shares of Nokia Oyj (NOK) worth $509.94 M, representing 1.66% of the portfolio. First purchased in 2021-Q2, this medium-term investment has been held for 20 quarters.
Based on 13F filings, Richard Pzena has maintained a strategic position in NOK, demonstrating sustained confidence in this investment. Largest addition occurred in Q3 2023, adding 42.48 M shares. Largest reduction occurred in Q1 2026, reducing 28.52 M shares.
Analysis based on 13F filings available since 2013 Q2
Richard Pzena's Nokia Oyj (NOK) Holding Value Over Time
Track share changes against reported price movement
Quarterly Nokia Oyj (NOK) Trades by Richard Pzena
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | -28.52 M | Reduce 31.02% | 63.43 M | $8.04 |
| Q4 2025 | +11.61 M | Add 14.46% | 91.94 M | $6.47 |
| Q3 2025 | +11.67 M | Add 16.99% | 80.33 M | $4.81 |
| Q2 2025 | -11.8 M | Reduce 14.66% | 68.66 M | $5.18 |
| Q1 2025 | -3.38 M | Reduce 4.03% | 80.46 M | $5.27 |
| Q4 2024 | -6.94 M | Reduce 7.65% | 83.84 M | $4.43 |
| Q3 2024 | +8.26 M | Add 10.01% | 90.79 M | $4.37 |
| Q2 2024 | +15.04 M | Add 22.28% | 82.52 M | $3.78 |
| Q1 2024 | +15.18 M | Add 29.01% | 67.49 M | $3.54 |
| Q4 2023 | +9.52 M | Add 22.25% | 52.31 M | $3.42 |
| Q3 2023 | +42.48 M | Add 13524.19% | 42.79 M | $3.74 |
| Q2 2023 | +26,117 | Add 9.07% | 314,083 | $4.16 |
| Q1 2023 | -4,984 | Reduce 1.70% | 287,966 | $4.91 |
| Q4 2022 | +178,844 | Add 156.73% | 292,950 | $4.64 |
| Q2 2022 | +2,170 | Add 1.94% | 114,106 | $4.61 |
| Q1 2022 | +17,670 | Add 18.74% | 111,936 | $5.46 |
| Q4 2021 | +27,516 | Add 41.22% | 94,266 | $6.22 |
| Q3 2021 | +50,495 | Add 310.64% | 66,750 | $5.45 |
| Q2 2021 | +16,255 | New Buy | 16,255 | $5.29 |
Richard Pzena's Nokia Oyj Investment FAQs
Richard Pzena first purchased Nokia Oyj (NOK) in Q2 2021, acquiring 16,255 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 Nokia Oyj (NOK) for 20 quarters since Q2 2021.
Richard Pzena's largest addition to Nokia Oyj (NOK) was in Q3 2023, adding 42,791,256 shares worth $160.04 M.
According to the latest 13F filing for Q1 2026, Richard Pzena's firm, Pzena Investment Management LLC, owns 63,425,518 shares of Nokia Oyj (NOK), valued at approximately $509.94 M.
As of the Q1 2026 filing, Nokia Oyj (NOK) represents approximately 1.66% of Richard Pzena's publicly disclosed stock portfolio, making it one of their key holdings.
Richard Pzena's peak holding in Nokia Oyj (NOK) was 91,942,507 shares, as reported at the end of Q4 2025.