Richard Pzena's WBS Position Overview
Richard Pzena (via Pzena Investment Management LLC) currently holds 1.65 M shares of Webster Financial Corporation (WBS) worth $104.01 M, representing 0.31% 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 WBS, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2019, adding 771,273 shares. Largest reduction occurred in Q1 2021, reducing 275,815 shares.
Analysis based on 13F filings available since 2013 Q2
Richard Pzena's Webster Financial Corporation (WBS) Holding Value Over Time
Track share changes against reported price movement
Quarterly Webster Financial Corporation (WBS) Trades by Richard Pzena
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +1.16 M | Add 0.00% | 1.16 M | $25.68 |
| Q3 2013 | -149,875 | Reduce 12.96% | 1.01 M | $25.53 |
| Q4 2013 | +5,850 | Add 0.58% | 1.01 M | $31.18 |
| Q1 2014 | +80,725 | Add 7.97% | 1.09 M | $31.06 |
| Q2 2014 | +106,684 | Add 9.76% | 1.2 M | $31.54 |
| Q3 2014 | +275,684 | Add 22.97% | 1.48 M | $29.14 |
| Q4 2014 | -52,775 | Reduce 3.58% | 1.42 M | $32.53 |
| Q1 2015 | +232,156 | Add 16.32% | 1.66 M | $37.05 |
| Q2 2015 | +99,775 | Add 6.03% | 1.75 M | $39.55 |
| Q3 2015 | -47,225 | Reduce 2.69% | 1.71 M | $35.63 |
| Q4 2015 | -62,067 | Reduce 3.63% | 1.65 M | $37.19 |
| Q1 2016 | +96,551 | Add 5.87% | 1.74 M | $35.90 |
| Q2 2016 | +192,849 | Add 11.07% | 1.93 M | $33.95 |
| Q3 2016 | -1,136 | Reduce 0.06% | 1.93 M | $38.01 |
| Q4 2016 | -39,439 | Reduce 2.04% | 1.89 M | $54.28 |
| Q1 2017 | -231,235 | Reduce 12.21% | 1.66 M | $50.04 |
| Q2 2017 | -150,014 | Reduce 9.02% | 1.51 M | $52.22 |
| Q3 2017 | +30,216 | Add 2.00% | 1.54 M | $52.55 |
| Q4 2017 | -49,876 | Reduce 3.23% | 1.49 M | $56.16 |
| Q1 2018 | -41,204 | Reduce 2.76% | 1.45 M | $55.40 |
| Q2 2018 | -182,588 | Reduce 12.57% | 1.27 M | $63.70 |
| Q3 2018 | -104,708 | Reduce 8.25% | 1.16 M | $58.96 |
| Q4 2018 | -14,364 | Reduce 1.23% | 1.15 M | $49.29 |
| Q1 2019 | -21,378 | Reduce 1.86% | 1.13 M | $50.67 |
| Q2 2019 | +97,276 | Add 8.61% | 1.23 M | $47.77 |
| Q3 2019 | +551 | Add 0.04% | 1.23 M | $46.87 |
| Q4 2019 | +771,273 | Add 62.86% | 2 M | $53.36 |
| Q1 2020 | +187,954 | Add 9.41% | 2.19 M | $22.90 |
| Q2 2020 | +109,403 | Add 5.00% | 2.3 M | $28.61 |
| Q3 2020 | +461,109 | Add 20.09% | 2.76 M | $26.41 |
| Q4 2020 | -75,986 | Reduce 2.76% | 2.68 M | $42.15 |
| Q1 2021 | -275,815 | Reduce 10.29% | 2.4 M | $55.11 |
| Q2 2021 | -142,764 | Reduce 5.94% | 2.26 M | $53.34 |
| Q3 2021 | +8,649 | Add 0.38% | 2.27 M | $54.46 |
| Q4 2021 | -3,183 | Reduce 0.14% | 2.27 M | $55.84 |
| Q1 2022 | +61,339 | Add 2.70% | 2.33 M | $56.12 |
| Q2 2022 | -50,198 | Reduce 2.16% | 2.28 M | $42.15 |
| Q3 2022 | -29,877 | Reduce 1.31% | 2.25 M | $45.20 |
| Q4 2022 | -52,892 | Reduce 2.35% | 2.2 M | $47.34 |
| Q1 2023 | -87,047 | Reduce 3.96% | 2.11 M | $39.42 |
| Q2 2023 | -30,595 | Reduce 1.45% | 2.08 M | $37.75 |
| Q3 2023 | -2,696 | Reduce 0.13% | 2.08 M | $40.31 |
| Q4 2023 | -77,351 | Reduce 3.73% | 2 M | $50.76 |
| Q1 2024 | -141,490 | Reduce 7.08% | 1.86 M | $50.77 |
| Q2 2024 | -113,707 | Reduce 6.12% | 1.74 M | $43.59 |
| Q3 2024 | -16,634 | Reduce 0.95% | 1.73 M | $46.61 |
| Q4 2024 | -125,611 | Reduce 7.28% | 1.6 M | $55.22 |
| Q1 2025 | -11,775 | Reduce 0.74% | 1.59 M | $51.55 |
| Q2 2025 | +23,605 | Add 1.49% | 1.61 M | $54.60 |
| Q3 2025 | +39,878 | Add 2.47% | 1.65 M | $59.44 |
| Q4 2025 | -65 | Reduce 0.00% | 1.65 M | $62.94 |
Richard Pzena's Webster Financial Corporation Investment FAQs
Richard Pzena first purchased Webster Financial Corporation (WBS) in Q2 2013, acquiring 1,156,614 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 Webster Financial Corporation (WBS) for 51 quarters since Q2 2013.
Richard Pzena's largest addition to Webster Financial Corporation (WBS) was in Q2 2013, adding 1,156,614 shares worth $29.7 M.
According to the latest 13F filing for Q4 2025, Richard Pzena's firm, Pzena Investment Management LLC, owns 1,652,571 shares of Webster Financial Corporation (WBS), valued at approximately $104.01 M.
As of the Q4 2025 filing, Webster Financial Corporation (WBS) represents approximately 0.31% of Richard Pzena's publicly disclosed stock portfolio, making it one of their key holdings.
Richard Pzena's peak holding in Webster Financial Corporation (WBS) was 2,756,786 shares, as reported at the end of Q3 2020.