Pzena Investment Management’s holding in PVH Corp increased to about 7.4 million shares with the purchase.
Pzena Investment Management first bought PVH Corp stock in the first quarter of 2019. Pzena Investment Management also owns Gildan Activewear, Inc. (NYSE:GIL). PVH Corp is its number one position by number of shares and market value among apparel & luxury goods stocks.
Other investors who also added to their PVH Corp shares include Bridgewater Associates, Viking Global Investors, and Fuller & Thaler Asset Management. In contrast, California State Teachers Retirement System, Citigroup (NYSE:C), and Millennium Management reduced PVH shares, while Railway Pension Investments sold all their PVH shares.
Pzena Investment Management also reduced their share in Hooker Furniture Corporation (NASDAQ:HOFT) and JELD-WEN Holding, Inc. (NYSE:JELD). The total value of the shares sold is estimated at around $92 million.
Additionally, Pzena Investment Management increased their share in National Oilwell Varco Inc (NYSE:NOV), Avnet Inc (NASDAQ:AVT) and Motorcar Parts of America, Inc. (MPAA). The total value of the shares bought is estimated at around $281 million.