Richard Pzena's WFC Position Overview
Richard Pzena (via Pzena Investment Management LLC) currently holds 10.22 M shares of Wells Fargo & Company (WFC) worth $856.42 M, representing 2.77% 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 WFC, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2020, adding 4.76 M shares. Largest reduction occurred in Q1 2025, reducing 3.99 M shares.
Analysis based on 13F filings available since 2013 Q2
Richard Pzena's Wells Fargo & Company (WFC) Holding Value Over Time
Track share changes against reported price movement
Quarterly Wells Fargo & Company (WFC) Trades by Richard Pzena
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +3.07 M | Add 0.00% | 3.07 M | $41.27 |
| Q3 2013 | +842,050 | Add 27.47% | 3.91 M | $41.32 |
| Q4 2013 | +73,891 | Add 1.89% | 3.98 M | $45.40 |
| Q1 2014 | -426,194 | Reduce 10.71% | 3.55 M | $49.74 |
| Q2 2014 | -287,376 | Reduce 8.08% | 3.27 M | $52.56 |
| Q3 2014 | -138,589 | Reduce 4.24% | 3.13 M | $51.87 |
| Q4 2014 | -621,075 | Reduce 19.85% | 2.51 M | $54.82 |
| Q1 2015 | -205,488 | Reduce 8.19% | 2.3 M | $54.40 |
| Q2 2015 | -79,982 | Reduce 3.47% | 2.22 M | $56.24 |
| Q3 2015 | -174,350 | Reduce 7.85% | 2.05 M | $51.35 |
| Q4 2015 | -372,395 | Reduce 18.18% | 1.68 M | $54.36 |
| Q1 2016 | -82,698 | Reduce 4.94% | 1.59 M | $48.36 |
| Q2 2016 | -573,541 | Reduce 36.01% | 1.02 M | $47.33 |
| Q3 2016 | -2,125 | Reduce 0.21% | 1.02 M | $44.28 |
| Q1 2017 | +130 | Add 0.01% | 1.02 M | $55.66 |
| Q2 2017 | +485,833 | Add 47.76% | 1.5 M | $55.41 |
| Q3 2017 | +4.01 M | Add 267.08% | 5.52 M | $55.15 |
| Q4 2017 | +1.31 M | Add 23.76% | 6.83 M | $60.67 |
| Q1 2018 | +923,307 | Add 13.52% | 7.75 M | $52.41 |
| Q2 2018 | +199,712 | Add 2.58% | 7.95 M | $55.44 |
| Q3 2018 | +78,184 | Add 0.98% | 8.03 M | $52.56 |
| Q4 2018 | -234,090 | Reduce 2.92% | 7.8 M | $46.08 |
| Q1 2019 | -273,254 | Reduce 3.51% | 7.52 M | $48.32 |
| Q2 2019 | +2.3 M | Add 30.52% | 9.82 M | $47.32 |
| Q3 2019 | -59,488 | Reduce 0.61% | 9.76 M | $50.44 |
| Q4 2019 | +158,189 | Add 1.62% | 9.92 M | $53.80 |
| Q1 2020 | +852,236 | Add 8.59% | 10.77 M | $28.70 |
| Q2 2020 | +2.91 M | Add 27.01% | 13.68 M | $25.60 |
| Q3 2020 | +4.76 M | Add 34.81% | 18.44 M | $23.51 |
| Q4 2020 | +2.04 M | Add 11.06% | 20.48 M | $30.18 |
| Q1 2021 | -303,540 | Reduce 1.48% | 20.18 M | $39.07 |
| Q2 2021 | -801,245 | Reduce 3.97% | 19.37 M | $45.29 |
| Q3 2021 | -494,973 | Reduce 2.55% | 18.88 M | $46.41 |
| Q4 2021 | -9,507 | Reduce 0.05% | 18.87 M | $47.98 |
| Q1 2022 | -1.18 M | Reduce 6.28% | 17.69 M | $48.46 |
| Q2 2022 | -692,814 | Reduce 3.92% | 16.99 M | $39.17 |
| Q3 2022 | +342,324 | Add 2.01% | 17.34 M | $40.22 |
| Q4 2022 | +375,214 | Add 2.16% | 17.71 M | $41.29 |
| Q1 2023 | +852,909 | Add 4.82% | 18.56 M | $37.38 |
| Q2 2023 | -629,968 | Reduce 3.39% | 17.93 M | $42.68 |
| Q3 2023 | +335,560 | Add 1.87% | 18.27 M | $40.86 |
| Q4 2023 | -297,599 | Reduce 1.63% | 17.97 M | $49.22 |
| Q1 2024 | -842,589 | Reduce 4.69% | 17.13 M | $57.96 |
| Q2 2024 | -1.42 M | Reduce 8.31% | 15.71 M | $59.39 |
| Q3 2024 | -84,255 | Reduce 0.54% | 15.62 M | $56.49 |
| Q4 2024 | -1.8 M | Reduce 11.51% | 13.82 M | $70.24 |
| Q1 2025 | -3.99 M | Reduce 28.90% | 9.83 M | $71.79 |
| Q2 2025 | +542,493 | Add 5.52% | 10.37 M | $80.12 |
| Q3 2025 | -154,433 | Reduce 1.49% | 10.22 M | $83.82 |
Richard Pzena's Wells Fargo & Company Investment FAQs
Richard Pzena first purchased Wells Fargo & Company (WFC) in Q2 2013, acquiring 3,065,076 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 Wells Fargo & Company (WFC) 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 Wells Fargo & Company (WFC) was in Q3 2020, adding 18,439,768 shares worth $433.52 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 10,217,379 shares of Wells Fargo & Company (WFC), valued at approximately $856.42 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Wells Fargo & Company (WFC) represents approximately 2.77% 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 Wells Fargo & Company (WFC) was 20,479,698 shares, as reported at the end of Q4 2020. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.