13F-HR 1 pzenainvestmentmg13fhr20847.txt HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F Cover Page Report for the Calendar Year or Quarter Ended: September 30, 2004 PZENA INVESTMENT MANAGEMENT, LLC -------------------------------------------------------------------------------- Name of Institutional Investment Manager 120 West 45th Street, 34th Floor NY NY 10036 -------------------------------------------------------------------------------- Business Address (Street) (City) (State) (Zip) 13F File Number: 28-03791 -------------------- The Institutional Investment Manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, and that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, and tables are considered integral parts of this form. Name, Title and Telephone Number of Person Submitting Report: Richard S. Pzena Manager (212) 355-1600 -------------------------------------------------------------------------------- Name (Title) (Phone) Signature, Place and Date of Signing: /s/Richard S. Pzena ---------------------------------- Richard S. Pzena 120 West 45th Street, 34th Floor New York, New York 10036 11/12/04 Report Type: [X] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT FORM 13F SUMMARY PAGE Number of Other Included Managers: None -------------- Form 13F Information Table Entry Total: 102 ------------- Form 13F Information Table Value Total: $ 8,113,172,000 ------------------------- PZENA INVESTMENT MANAGEMENT, LLC DISCRETIONARY OWNERSHIP FOR 13F AS OF DATE: 09/30/04

------------------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AETNA COM 00817Y108 14447 144575 SH SOLE 20575 0 124000 AFTERMARKET TECHNOLOGIES COM 008318107 5092 404750 SH SOLE 353850 0 50900 AGILYSYS INC COM 00847J105 15431 892455 SH SOLE 813705 0 78750 ALLSTATE CORP COM 020002101 156787 3267061 SH SOLE 1554581 0 1712530 ALTRIA GROUP INC COM 02209S103 31775 675500 SH SOLE 127425 0 548825 AMERICAN HOME MTG INV COM 02660R107 40592 1452300 SH SOLE 1349000 0 103300 AMERICAN NATL INS CO COM 028591105 17405 179825 SH SOLE 169200 0 10625 AMERICAN PHYSICIANS CAPITAL COM 028884104 32470 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