Asset manager

Deprince Race & Zollo Inc

13F for the quarter to June 30, 2026, filed August 20, 2026 · SEC CIK 1008894

Reported value: $6.0bn
Positions we cover: 175
Copy, a year: +11.6%
Copy Sharpe ratio: 0.56

How copying its 13F would have done

CopyS&P 500 $10,000 copying Deprince Race & Zollo Inc's filed holdings in companies we cover from August 16, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −41.3% (S&P 500 −31.8%); beta 1.02; alpha −1.8% a year (t = −0.61); last 12 months +28.8% against +12.1%.

Reported value by quarter

Deprince Race & Zollo Inc: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2013-06-30	$7.3B
2013-09-30	$7.3B
2013-12-31	$7.9B
2014-03-31	$8.3B
2014-06-30	$8.4B
2014-09-30	$7.4B
2014-12-31	$7.3B
2015-03-31	$7.1B
2015-06-30	$6.8B
2015-09-30	$5.6B
2015-12-31	$5.4B
2016-03-31	$5B
2016-06-30	$4.9B
2016-09-30	$4.7B
2016-12-31	$5.1B
2017-03-31	$4.8B
2017-06-30	$4.9B
2017-09-30	$4.5B
2017-12-31	$4.5B
2018-03-31	$4.3B
2018-06-30	$4.3B
2018-09-30	$4.5B
2018-12-31	$3.5B
2019-03-31	$3.7B
2019-06-30	$3.6B
2019-09-30	$3.5B
2019-12-31	$3.3B
2020-03-31	$2.2B
2020-06-30	$2.6B
2020-09-30	$2.7B
2020-12-31	$3.2B
2021-03-31	$3.7B
2021-06-30	$4B
2021-09-30	$3.7B
2021-12-31	$3.9B
2022-03-31	$5.1B
2022-06-30	$4.3B
2022-09-30	$3.9B
2022-12-31	$4.4T
2023-03-31	$4.3B
2023-06-30	$4.3B
2023-09-30	$4.1B
2023-12-31	$4.4B
2024-03-31	$4.6B
2024-06-30	$4.5B
2024-09-30	$5.2B
2024-12-31	$5B
2025-03-31	$4.8B
2025-06-30	$4.8B
2025-09-30	$5B
2025-12-31	$5.2B
2026-03-31	$5.3B
2026-06-30	$6B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
NWLNewell Brands Inc.	2.23%	$133.1m	21.68M	+17.9% Added
WERNWerner Enterprises Inc	2.19%	$130.4m	2.99M	−2.1% Reduced
BCBrunswick Corp	2.06%	$122.5m	1.45M	−11.3% Reduced
PRMBPrimo Brands Corp	1.95%	$116.3m	4.76M	+24.2% Added
FLSFlowserve Corp	1.69%	$100.5m	1.35M	+29.4% Added
CXTCrane NXT, Co.	1.56%	$93.1m	1.82M	New
CCitigroup	1.52%	$90.9m	649.6K	−5.9% Reduced
MSFTMicrosoft Corporation	1.48%	$88.0m	235.9K	+194.2% Added
RYNRayonier Inc	1.45%	$86.6m	4.07M	−2.2% Reduced
RHIRobert Half Inc.	1.32%	$78.8m	2.57M	+31.0% Added
SMGScotts Miracle-gro Co	1.31%	$77.8m	1.14M	+5.1% Added
TKRTimken Co	1.28%	$76.5m	526.7K	−5.2% Reduced
TSMTaiwan Semiconductor Manufacturing Co LTD	1.24%	$73.9m	154.7K	−0.6% Reduced
SNDRSchneider National, Inc.	1.20%	$71.4m	1.96M	−9.5% Reduced
WFCWells Fargo	1.19%	$70.9m	857.7K	−0.5% Reduced
LPXLouisiana-pacific Corp	1.18%	$70.2m	892.0K	+14.7% Added
WHWyndham Hotels & Resorts, Inc.	1.16%	$68.9m	818.5K	−14.5% Reduced
WTTRSelect Water Solutions, Inc.	1.16%	$68.9m	3.45M	−2.0% Reduced
IEXIDEX Corporation	1.15%	$68.8m	303.1K	−13.3% Reduced
SNDKSandisk	1.14%	$67.9m	29.9K	−19.7% Reduced
JPMJPMorgan Chase	1.12%	$67.0m	204.6K	−10.9% Reduced
MSMMSC Industrial Direct Co Inc	1.08%	$64.3m	540.5K	−23.4% Reduced
GEFGreif, Inc	1.01%	$60.1m	806.3K	+1.1% Added
JNJJohnson & Johnson	0.99%	$58.8m	231.7K	−11.2% Reduced
UFPIUFP Industries Inc	0.94%	$55.7m	614.3K	+6.0% Added
RPMRPM International Inc	0.93%	$55.3m	497.8K	+32.5% Added
WDCWestern Digital	0.92%	$54.9m	85.9K	−27.3% Reduced
MTCHMatch Group, Inc.	0.91%	$54.4m	1.43M	−7.8% Reduced
MLKNMillerknoll, Inc.	0.91%	$54.0m	2.64M	+6.5% Added
VFCVF Corporation	0.89%	$52.9m	3.17M	+22.5% Added
TTCToro Co	0.88%	$52.5m	539.4K	+23.8% Added
SCLStepan Co	0.88%	$52.2m	936.6K	−1.1% Reduced
FITBFifth Third Bancorp	0.86%	$51.4m	911.4K	−2.2% Reduced
POOLPool Corp	0.84%	$50.3m	234.2K	+37.2% Added
VACMarriott Vacations Worldwide Corp	0.84%	$50.3m	493.4K	−5.9% Reduced
KFYKorn Ferry	0.83%	$49.8m	748.0K	New
GBCIGlacier Bancorp, Inc.	0.82%	$48.7m	945.0K	−49.9% Reduced
UNPUnion Pacific Corporation	0.81%	$48.1m	176.9K	−24.6% Reduced
IPARInterparfums Inc	0.80%	$47.8m	427.7K	+28.3% Added
DCIDonaldson Co Inc	0.80%	$47.7m	530.9K	New
FULFuller H B Co	0.80%	$47.5m	815.7K	+12.1% Added
PHParker Hannifin	0.79%	$46.9m	48.0K	−4.3% Reduced
KNXKnight-swift Transportation Holdings Inc.	0.79%	$46.8m	601.4K	−18.6% Reduced
ALLAllstate	0.78%	$46.3m	194.8K	−0.5%
UGIUGI Corp	0.78%	$46.2m	1.34M	New
KBRKBR, Inc.	0.77%	$46.1m	1.34M	New
AVYAvery Dennison	0.77%	$45.7m	281.6K	+81.5% Added
OCOwens Corning	0.76%	$45.4m	285.8K	New
ABTAbbott Laboratories	0.75%	$44.5m	490.4K	+100.2% Added
WHDCactus, Inc.	0.74%	$44.2m	863.1K	−2.4% Reduced
EGEverest Group	0.74%	$43.9m	123.0K	−3.5% Reduced
USBU.S. Bancorp	0.72%	$42.7m	706.6K	−11.9% Reduced
HUBGHub Group, Inc.	0.71%	$42.6m	972.8K	−2.6% Reduced
EMREmerson Electric	0.70%	$41.8m	291.9K	−7.7% Reduced
CARRCarrier Global	0.70%	$41.7m	568.7K	−0.7% Reduced
DLXDeluxe Corp	0.69%	$41.4m	1.73M	−12.2% Reduced
KWRQuaker Chemical Corp	0.69%	$41.4m	260.5K	−4.9% Reduced
NBHCNational Bank Holdings Corp	0.67%	$40.1m	903.7K	−14.9% Reduced
AVNTAvient Corp	0.67%	$40.0m	1.08M	+9.0% Added
IFFInternational Flavors & Fragrances	0.66%	$39.3m	495.5K	−3.5% Reduced
WDWalker & Dunlop, Inc.	0.65%	$38.6m	705.7K	−3.1% Reduced
RTXRTX Corporation	0.64%	$38.1m	200.9K	−8.3% Reduced
FCXFreeport-McMoRan	0.64%	$37.8m	601.8K	−12.8% Reduced
MDLZMondelez International	0.62%	$36.8m	636.8K	−9.9% Reduced
CFRCullen/frost Bankers, Inc.	0.61%	$36.4m	235.8K	−28.2% Reduced
HDThe Home Depot	0.60%	$36.0m	102.1K	New
TFCTruist Financial	0.60%	$35.9m	720.5K	+4.6% Added
JCIJohnson Controls	0.60%	$35.9m	245.6K	−11.2% Reduced
MKCMcCormick & Company	0.60%	$35.6m	705.6K	+1.5% Added
WFRDWeatherford International plc	0.60%	$35.6m	436.4K	New
HIGThe Hartford	0.60%	$35.5m	267.9K	−0.6% Reduced
COLMColumbia Sportswear Co	0.58%	$34.5m	558.8K	+11.8% Added
EMNEastman Chemical Co	0.58%	$34.4m	514.3K	+3.7% Added
SBCFSeacoast Banking Corp Of Florida	0.57%	$34.0m	1.02M	−54.3% Reduced
NXQuanex Building Products Corp	0.57%	$33.9m	1.82M	−1.3% Reduced
EXEExpand Energy	0.56%	$33.6m	368.0K	−1.3% Reduced
AINAlbany International Corp	0.56%	$33.4m	448.1K	+2.1% Added
SIRISirius XM Holdings Inc.	0.56%	$33.1m	1.12M	New
LHXL3Harris	0.55%	$32.7m	112.5K	−10.8% Reduced
AIZAssurant	0.54%	$32.1m	119.6K	−0.7% Reduced
INDBIndependent Bank Corp	0.53%	$31.8m	379.7K	−63.4% Reduced
KBHKB Home	0.53%	$31.7m	505.8K	−26.7% Reduced
BOHBank Of Hawaii Corp	0.53%	$31.3m	383.9K	−17.1% Reduced
NXPINXP Semiconductors	0.52%	$30.8m	109.5K	−16.9% Reduced
TRGPTarga Resources	0.50%	$29.6m	110.3K	−0.9% Reduced
COFCapital One	0.49%	$29.5m	147.0K	+26.1% Added
FBKFB Financial Corp	0.48%	$28.7m	519.4K	−49.9% Reduced
MGEEMGE Energy Inc	0.48%	$28.6m	350.9K	+26.6% Added
CMCCommercial Metals Co	0.48%	$28.4m	452.3K	New
DTEDTE Energy	0.47%	$28.3m	186.0K	−0.8% Reduced
MRSHMarsh McLennan	0.47%	$28.2m	169.1K	−0.7% Reduced
ADIAnalog Devices	0.45%	$26.9m	67.9K	−6.8% Reduced
OMCOmnicom Group	0.43%	$25.7m	353.1K	−0.5%
PTENPatterson UTI Energy Inc	0.43%	$25.6m	2.79M	New
HLNEHamilton Lane Inc	0.43%	$25.5m	323.0K	−0.8% Reduced
SSBSouthstate Bank Corp	0.42%	$25.2m	252.7K	−65.3% Reduced
BANRBanner Corp	0.42%	$25.1m	377.9K	−20.5% Reduced
SHOOSteven Madden, LTD.	0.42%	$25.1m	596.4K	New
NOGNorthern OIL & GAS, Inc.	0.42%	$25.0m	1.38M	+17.6% Added
NEENextEra Energy	0.42%	$24.8m	282.3K	+9.7% Added
CBUCommunity Financial System, Inc.	0.41%	$24.7m	368.1K	−30.7% Reduced
CCKCrown Holdings, Inc.	0.41%	$24.3m	217.5K	−0.8% Reduced
WGOWinnebago Industries Inc	0.41%	$24.1m	771.9K	+34.6% Added
ELVElevance Health	0.40%	$24.1m	62.3K	−44.5% Reduced
ICEIntercontinental Exchange	0.40%	$24.0m	195.1K	+11.5% Added
BALLBall Corporation	0.40%	$23.8m	381.7K	−10.2% Reduced
CGCarlyle Group Inc.	0.40%	$23.7m	562.4K	+6.7% Added
ABMABM Industries Inc	0.40%	$23.5m	532.2K	New
GNTXGentex Corp	0.39%	$23.4m	924.9K	New
CVXChevron Corporation	0.39%	$23.2m	139.8K	−0.7% Reduced
RNSTRenasant Corp	0.38%	$22.6m	532.4K	−45.5% Reduced
THOThor Industries Inc	0.38%	$22.6m	300.8K	−16.0% Reduced
KFRCKforce Inc	0.38%	$22.4m	477.1K	+2.4% Added
GBXGreenbrier Companies Inc	0.38%	$22.4m	456.1K	+18.2% Added
FAFFirst American Financial Corp	0.34%	$20.4m	297.9K	−0.6% Reduced
SIGISelective Insurance Group Inc	0.33%	$19.8m	204.5K	New
NTSTNetstreit Corp.	0.33%	$19.8m	935.8K	−19.4% Reduced
TELTE Connectivity	0.32%	$19.3m	95.6K	New
COPConocoPhillips	0.31%	$18.3m	175.8K	−8.9% Reduced
UPSUnited Parcel Service	0.30%	$17.9m	166.9K	−37.6% Reduced
LCIILCI Industries	0.29%	$17.4m	164.4K	New
GMGeneral Motors	0.29%	$17.4m	225.8K	−0.6% Reduced
FELEFranklin Electric Co Inc	0.29%	$17.3m	161.0K	+273.4% Added
BYDBoyd Gaming Corp	0.27%	$16.1m	181.8K	−31.5% Reduced
SAPSAP SE	0.26%	$15.7m	102.2K	−36.9% Reduced
NSSCNapco Security Technologies, Inc	0.26%	$15.5m	408.6K	+244.1% Added
ACNAccenture	0.25%	$15.1m	121.6K	−1.5% Reduced
TNCTennant Co	0.25%	$15.0m	171.1K	−6.6% Reduced
LECOLincoln Electric Holdings Inc	0.25%	$14.8m	55.6K	+34.2% Added
HYHyster-yale, Inc.	0.24%	$14.5m	413.9K	+54.8% Added
LWLamb Weston Holdings, Inc.	0.24%	$14.0m	325.1K	−10.3% Reduced
NTAPNetApp	0.22%	$13.1m	84.7K	−28.9% Reduced
VSHVishay Intertechnology Inc	0.22%	$13.0m	241.2K	−92.4% Reduced
MRTNMarten Transport LTD	0.22%	$12.9m	742.4K	−3.3% Reduced
CLXClorox	0.21%	$12.4m	130.0K	+4.3% Added
CUZCousins Properties Inc	0.19%	$11.4m	379.0K	New
LKQLKQ Corp	0.16%	$9.6m	363.7K	−10.3% Reduced
SCCOSouthern Copper Corp/	0.15%	$8.7m	49.8K	+0.3%
MNROMonro, Inc.	0.13%	$7.9m	464.6K	+142.0% Added
IOSPInnospec Inc.	0.13%	$7.6m	93.3K	+37.2% Added
CHCTCommunity Healthcare Trust Inc	0.12%	$7.2m	394.1K	+1.4% Added
AUAnglogold Ashanti PLC	0.12%	$6.9m	85.8K	New
GABCGerman American Bancorp, Inc.	0.11%	$6.7m	140.7K	−39.8% Reduced
OSPNOnespan Inc.	0.11%	$6.4m	449.0K	−2.3% Reduced
MYEMyers Industries Inc	0.11%	$6.3m	179.2K	−15.6% Reduced
CDRECadre Holdings, Inc.	0.10%	$6.1m	215.6K	+34.9% Added
HVTHaverty Furniture Companies Inc	0.10%	$5.9m	232.6K	+48.4% Added
SYBTStock Yards Bancorp, Inc.	0.10%	$5.8m	76.5K	−39.5% Reduced
RCKYRocky Brands, Inc.	0.10%	$5.8m	140.1K	+30.6% Added
MMIMarcus & Millichap, Inc.	0.10%	$5.7m	183.1K	−28.8% Reduced

Company	Bought (value)	Shares
CXTCrane NXT, Co.	$93.1m	1.82M
MSFTMicrosoft Corporation	$58.1m	155.7K
KFYKorn Ferry	$49.8m	748.0K
DCIDonaldson Co Inc	$47.7m	530.9K
UGIUGI Corp	$46.2m	1.34M
KBRKBR, Inc.	$46.1m	1.34M
OCOwens Corning	$45.4m	285.8K
HDThe Home Depot	$36.0m	102.1K
WFRDWeatherford International plc	$35.6m	436.4K
SIRISirius XM Holdings Inc.	$33.1m	1.12M
CMCCommercial Metals Co	$28.4m	452.3K
PTENPatterson UTI Energy Inc	$25.6m	2.79M
SHOOSteven Madden, LTD.	$25.1m	596.4K
ABMABM Industries Inc	$23.5m	532.2K
GNTXGentex Corp	$23.4m	924.9K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
VSHVishay Intertechnology Inc	−$158.1m	−2.94M
KGSKodiak Gas Services, Inc.	−$66.5m	−885.7K
INDBIndependent Bank Corp	−$55.0m	−656.5K
GBCIGlacier Bancorp, Inc.	−$48.5m	−940.7K
SSBSouthstate Bank Corp	−$47.5m	−475.9K
SBCFSeacoast Banking Corp Of Florida	−$40.4m	−1.21M
GSGoldman Sachs	−$38.6m	−38.2K
WYWeyerhaeuser	−$33.9m	−1.39M
CMCSAComcast	−$29.4m	−1.02M
FBKFB Financial Corp	−$28.6m	−517.0K
NNNNNN Reit, Inc.	−$24.2m	−575.2K
WLKWestlake Corp	−$23.8m	−203.4K
IVTInventrust Properties Corp.	−$21.9m	−717.7K
WDCWestern Digital	−$20.6m	−32.3K
MSMMSC Industrial Direct Co Inc	−$19.7m	−165.3K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
WYWeyerhaeuser	$33.9m	1.39M
CMCSAComcast	$29.4m	1.02M
NNNNNN Reit, Inc.	$24.2m	575.2K
WLKWestlake Corp	$23.8m	203.4K
IVTInventrust Properties Corp.	$21.9m	717.7K
KMTKennametal Inc	$17.7m	490.0K
SFBSServisfirst Bancshares, Inc.	$17.0m	233.8K
ATENA10 Networks, Inc.	$13.1m	564.8K
ASOAcademy Sports & Outdoors, Inc.	$10.9m	193.4K
JOUTJohnson Outdoors Inc	$8.1m	175.0K
HDBHdfc Bank LTD	$5.9m	237.3K
MOVMovado Group Inc	$5.4m	221.8K
KALUKaiser Aluminum Corp	$1.8m	14.7K
AVBCAvidia Bancorp, Inc.	$399,222	20.3K
WTIW&T Offshore Inc	$390,124	114.4K

Industrials27.5%
Financials19.2%
Consumer Discretionary13.2%
Materials12.4%
Technology9.2%
Energy5.4%
Consumer Staples4.5%
Real Estate2.3%
Utilities2.2%
Health Care2.2%
Communication Services1.9%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestAugust 16, 2013 to November 2, 2026	+11.6%	+14.1%	0.56	0.78	−41.3%	1.02
2018 onwardsJanuary 5, 2018 to November 2, 2026	+10.0%	+13.9%	0.42	0.66	−41.3%	1.00
Last three yearsNovember 3, 2023 to November 2, 2026	+17.0%	+21.8%	0.75	1.16	−19.7%	0.76
Last yearNovember 7, 2025 to November 2, 2026	+30.1%	+14.2%	1.53	0.84	−11.7%	0.53

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.