PZENA INVESTMENT MANAGEMENT LLC — HUMANA INC HUM: Quarterly 13F Position History
PZENA INVESTMENT MANAGEMENT LLC has reported HUMANA INC (HUM) on 26 13F-HR filings in Pactolio's tracked window, first appearing in Q4 2019. As of Q1 2026, the position is sized at 5,470,982 shares ($948.6M market value, 3.08% of the equity book). Quarter-over-quarter share count change: + 1,398,774 (+34.3%) .
- 5,470,982Shares Held (Latest Filing)
- $948.6MReported Market Value (Latest Filing)
- 3.08%Portfolio Weight (% of 13F Equity Book)
- +1,398,774Quarter-over-Quarter Share Change
- -$94.4MQuarter-over-Quarter Value Change
- 5,470,982Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 26 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 5,470,982 | +1,398,774 | +34.3% | $948.6M | 3.08% | $173.39 |
| Q4 2025 | 4,072,208 | +41,125 | +1.0% | $1.04B | 3.12% | $256.13 |
| Q3 2025 | 4,031,083 | 45,584 | -1.1% | $1.05B | 3.39% | $260.17 |
| Q2 2025 | 4,076,667 | +247,744 | +6.5% | $996.7M | 3.24% | $244.48 |
| Q1 2025 | 3,828,923 | +219,541 | +6.1% | $1.01B | 3.54% | $264.60 |
| Q4 2024 | 3,609,382 | +1,103,132 | +44.0% | $915.7M | 3.12% | $253.71 |
| Q3 2024 | 2,506,250 | +187,903 | +8.1% | $793.8M | 2.56% | $316.74 |
| Q2 2024 | 2,318,347 | +1,955,375 | +538.7% | $866.3M | 3.05% | $373.65 |
| Q1 2024 | 362,972 | +361,993 | +36975.8% | $125.8M | 0.43% | $346.72 |
| Q4 2023 | 979 | +179 | +22.4% | $448.2K | 0.00% | $457.81 |
| Q3 2023 | 800 | +800 | — | $389.2K | 0.00% | $486.52 |
| Q2 2023 | 0 | 476 | -100.0% | $0 | 0.00% | — |
| Q1 2023 | 476 | +476 | — | $231.1K | 0.00% | $485.46 |
| Q4 2022 | 0 | 844 | -100.0% | $0 | 0.00% | — |
| Q3 2022 | 844 | 0 | — | $410.0K | 0.00% | $485.78 |
| Q2 2022 | 844 | 0 | — | $395.0K | 0.00% | $468.01 |
| Q1 2022 | 844 | 0 | — | $367.0K | 0.00% | $434.83 |
| Q4 2021 | 844 | 597 | -41.4% | $391.0K | 0.00% | $463.27 |
| Q3 2021 | 1,441 | +1,441 | — | $561.0K | 0.00% | $389.31 |
| Q2 2021 | 0 | 0 | — | $0 | 0.00% | — |
| Q1 2021 | 0 | 0 | — | $0 | 0.00% | — |
| Q4 2020 | 0 | 0 | — | $0 | 0.00% | — |
| Q3 2020 | 0 | 0 | — | $0 | 0.00% | — |
| Q2 2020 | 0 | 0 | — | $0 | 0.00% | — |
| Q1 2020 | 0 | 2,105 | -100.0% | $0 | 0.00% | — |
| Q4 2019 | 2,105 | — | — | $772.0K | 0.00% | $366.75 |
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 HUM position in 13F-HR filings?
PZENA INVESTMENT MANAGEMENT LLC first reported HUMANA INC (HUM) on its 13F-HR filing for the period ending 2019-12-31 (Q4 2019). The position has appeared on 26 reported quarters within Pactolio's tracked window.
What was PZENA INVESTMENT MANAGEMENT LLC's most recent quarter-over-quarter share-count change in HUM?
Between Q4 2025 and Q1 2026, PZENA INVESTMENT MANAGEMENT LLC added 1,398,774 shares of HUM (+34.3%), bringing the total reported position to 5,470,982 shares at a market value of $948.6M.
Does the implied price-per-share represent PZENA INVESTMENT MANAGEMENT LLC's cost basis in HUM?
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.