PZENA INVESTMENT MANAGEMENT LLC — BRISTOL-MYERS SQUIBB CO BMY: Quarterly 13F Position History
PZENA INVESTMENT MANAGEMENT LLC has reported BRISTOL-MYERS SQUIBB CO (BMY) on 27 13F-HR filings in Pactolio's tracked window, first appearing in Q3 2019. As of Q1 2026, the position is sized at 17,095,731 shares ($1.04B market value, 3.37% of the equity book). Quarter-over-quarter share count change: 847,772 (-4.7%) .
- 17,095,731Shares Held (Latest Filing)
- $1.04BReported Market Value (Latest Filing)
- 3.37%Portfolio Weight (% of 13F Equity Book)
- 847,772Quarter-over-Quarter Share Change
- +$69.0MQuarter-over-Quarter Value Change
- 17,943,503Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 27 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 17,095,731 | 847,772 | -4.7% | $1.04B | 3.37% | $60.65 |
| Q4 2025 | 17,943,503 | +3,041,899 | +20.4% | $967.9M | 2.90% | $53.94 |
| Q3 2025 | 14,901,604 | +58,129 | +0.4% | $672.1M | 2.17% | $45.10 |
| Q2 2025 | 14,843,475 | +1,384,649 | +10.3% | $687.1M | 2.23% | $46.29 |
| Q1 2025 | 13,458,826 | +157,527 | +1.2% | $820.9M | 2.87% | $60.99 |
| Q4 2024 | 13,301,299 | 900,447 | -6.3% | $752.3M | 2.56% | $56.56 |
| Q3 2024 | 14,201,746 | +67,409 | +0.5% | $734.8M | 2.37% | $51.74 |
| Q2 2024 | 14,134,337 | +1,840,424 | +15.0% | $587.0M | 2.06% | $41.53 |
| Q1 2024 | 12,293,913 | +6,701,097 | +119.8% | $666.7M | 2.29% | $54.23 |
| Q4 2023 | 5,592,816 | +668,622 | +13.6% | $287.0M | 1.08% | $51.31 |
| Q3 2023 | 4,924,194 | +596,625 | +13.8% | $285.8M | 1.23% | $58.04 |
| Q2 2023 | 4,327,569 | 184,216 | -4.1% | $276.7M | 1.18% | $63.95 |
| Q1 2023 | 4,511,785 | +651,213 | +16.9% | $312.7M | 1.35% | $69.31 |
| Q4 2022 | 3,860,572 | 131,559 | -3.3% | $277.8M | 1.23% | $71.95 |
| Q3 2022 | 3,992,131 | 179,101 | -4.3% | $283.8M | 1.41% | $71.09 |
| Q2 2022 | 4,171,232 | +545,445 | +15.0% | $321.2M | 1.44% | $77.00 |
| Q1 2022 | 3,625,787 | +2,470,079 | +213.7% | $264.8M | 1.00% | $73.03 |
| Q4 2021 | 1,155,708 | 22,235 | -1.9% | $72.1M | 0.27% | $62.35 |
| Q3 2021 | 1,177,943 | 281,980 | -19.3% | $69.7M | 0.28% | $59.17 |
| Q2 2021 | 1,459,923 | 1,369 | -0.1% | $97.6M | 0.38% | $66.82 |
| Q1 2021 | 1,461,292 | +4,862 | +0.3% | $92.3M | 0.37% | $63.13 |
| Q4 2020 | 1,456,430 | +366 | +0.0% | $90.3M | 0.43% | $62.03 |
| Q3 2020 | 1,456,064 | 6,644 | -0.5% | $87.8M | 0.55% | $60.29 |
| Q2 2020 | 1,462,708 | 373,749 | -20.4% | $86.0M | 0.56% | $58.80 |
| Q1 2020 | 1,836,457 | 701,418 | -27.6% | $102.4M | 0.77% | $55.74 |
| Q4 2019 | 2,537,875 | 39,851 | -1.5% | $162.9M | 0.76% | $64.19 |
| Q3 2019 | 2,577,726 | — | — | $130.7M | 0.71% | $50.71 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did PZENA INVESTMENT MANAGEMENT LLC first disclose a BMY position in 13F-HR filings?
PZENA INVESTMENT MANAGEMENT LLC first reported BRISTOL-MYERS SQUIBB CO (BMY) on its 13F-HR filing for the period ending 2019-09-30 (Q3 2019). The position has appeared on 27 reported quarters within Pactolio's tracked window.
What was PZENA INVESTMENT MANAGEMENT LLC's most recent quarter-over-quarter share-count change in BMY?
Between Q4 2025 and Q1 2026, PZENA INVESTMENT MANAGEMENT LLC reduced its BMY position by 847,772 shares (-4.7%), leaving 17,095,731 shares at a market value of $1.04B.
Does the implied price-per-share represent PZENA INVESTMENT MANAGEMENT LLC's cost basis in BMY?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.