PZENA INVESTMENT MANAGEMENT LLC: CAPITAL ONE FINL CORP (COF): Quarterly 13F Position History
As of Q1 2026, PZENA INVESTMENT MANAGEMENT LLC reported 4,580,120 shares of CAPITAL ONE FINL CORP (COF), worth $835.6M and representing 2.7% of its 13F equity book. Quarter-over-quarter share count change: 440,733 (-8.8%) . The position first appeared in Q3 2016 and has been disclosed across 39 13F-HR filings in Pactolio's tracked window.
- 4,580,120Shares Held (Latest Filing)
- $835.6MReported Market Value (Latest Filing)
- 2.7%Portfolio Weight (% of 13F Equity Book)
- 440,733Quarter-over-Quarter Share Change
- -$381.3MQuarter-over-Quarter Value Change
- 7,751,043Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 39 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 4,580,120 | 440,733 | -8.8% | $835.6M | 2.7% | $182.4 |
| Q4 2025 | 5,020,853 | 31,281 | -0.6% | $1.2B | 3.6% | $242.4 |
| Q3 2025 | 5,052,134 | 369,401 | -6.8% | $1.1B | 3.5% | $212.6 |
| Q2 2025 | 5,421,535 | 144,577 | -2.6% | $1.2B | 3.8% | $212.8 |
| Q1 2025 | 5,566,112 | 601,604 | -9.8% | $998.0M | 3.5% | $179.3 |
| Q4 2024 | 6,167,716 | 771,836 | -11.1% | $1.1B | 3.7% | $178.3 |
| Q3 2024 | 6,939,552 | +7,004 | +0.1% | $1.0B | 3.3% | $149.7 |
| Q2 2024 | 6,932,548 | 365,017 | -5.0% | $959.8M | 3.4% | $138.4 |
| Q1 2024 | 7,297,565 | 453,478 | -5.9% | $1.1B | 3.7% | $148.9 |
| Q4 2023 | 7,751,043 | +124,055 | +1.6% | $1.0B | 3.8% | $131.1 |
| Q3 2023 | 7,626,988 | +585,797 | +8.3% | $740.2M | 3.2% | $97.0 |
| Q2 2023 | 7,041,191 | +48,189 | +0.7% | $770.1M | 3.3% | $109.4 |
| Q1 2023 | 6,993,002 | +1,020,747 | +17.1% | $672.4M | 2.9% | $96.2 |
| Q4 2022 | 5,972,255 | +616,973 | +11.5% | $555.2M | 2.5% | $93.0 |
| Q3 2022 | 5,355,282 | +512,496 | +10.6% | $493.6M | 2.5% | $92.2 |
| Q2 2022 | 4,842,786 | +932,873 | +23.9% | $504.6M | 2.3% | $104.2 |
| Q1 2022 | 3,909,913 | +8,933 | +0.2% | $513.3M | 1.9% | $131.3 |
| Q4 2021 | 3,900,980 | +91,855 | +2.4% | $566.0M | 2.1% | $145.1 |
| Q3 2021 | 3,809,125 | 713,501 | -15.8% | $617.0M | 2.4% | $162.0 |
| Q2 2021 | 4,522,626 | 896,399 | -16.5% | $699.6M | 2.7% | $154.7 |
| Q1 2021 | 5,419,025 | 423,167 | -7.2% | $689.5M | 2.8% | $127.2 |
| Q4 2020 | 5,842,192 | 207,556 | -3.4% | $577.5M | 2.7% | $98.9 |
| Q3 2020 | 6,049,748 | +859,517 | +16.6% | $434.7M | 2.7% | $71.9 |
| Q2 2020 | 5,190,231 | 452,450 | -8.0% | $324.9M | 2.1% | $62.6 |
| Q1 2020 | 5,642,681 | +90,944 | +1.6% | $284.5M | 2.2% | $50.4 |
| Q4 2019 | 5,551,737 | +39,265 | +0.7% | $571.3M | 2.7% | $102.9 |
| Q3 2019 | 5,512,472 | 112,381 | -2.0% | $501.5M | 2.7% | $91.0 |
| Q2 2019 | 5,624,853 | 28,572 | -0.5% | $510.4M | 2.7% | $90.7 |
| Q1 2019 | 5,653,425 | 127,242 | -2.2% | $461.8M | 2.5% | $81.7 |
| Q4 2018 | 5,780,667 | +325,725 | +6.0% | $437.0M | 2.6% | $75.6 |
| Q3 2018 | 5,454,942 | +17,385 | +0.3% | $517.8M | 2.5% | $94.9 |
| Q2 2018 | 5,437,557 | +559,856 | +11.5% | $499.7M | 2.5% | $91.9 |
| Q1 2018 | 4,877,701 | +217,177 | +4.7% | $467.4M | 2.4% | $95.8 |
| Q4 2017 | 4,660,524 | +71,616 | +1.6% | $464.1M | 2.3% | $99.6 |
| Q3 2017 | 4,588,908 | +547,262 | +13.5% | $388.5M | 2.1% | $84.7 |
| Q2 2017 | 4,041,646 | +885,934 | +28.1% | $333.9M | 1.8% | $82.6 |
| Q1 2017 | 3,155,712 | +95,565 | +3.1% | $273.5M | 1.5% | $86.7 |
| Q4 2016 | 3,060,147 | 130,373 | -4.1% | $267.0M | 1.5% | $87.2 |
| Q3 2016 | 3,190,520 | — | — | $229.2M | 1.4% | $71.8 |
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 COF position in 13F-HR filings?
PZENA INVESTMENT MANAGEMENT LLC first reported CAPITAL ONE FINL CORP (COF) on its 13F-HR filing for the period ending 2016-09-30 (Q3 2016). The position has appeared on 39 reported quarters within Pactolio's tracked window.
What was PZENA INVESTMENT MANAGEMENT LLC's most recent quarter-over-quarter share-count change in COF?
Between Q4 2025 and Q1 2026, PZENA INVESTMENT MANAGEMENT LLC reduced its COF position by 440,733 shares (-8.8%), leaving 4,580,120 shares at a market value of $835.6M.
Does the implied price-per-share represent PZENA INVESTMENT MANAGEMENT LLC's cost basis in COF?
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.