Pzena holds 11.3% of Amdocs common stock
Pzena Investment Management, LLC, a Delaware investment adviser, filed Amendment No. 1 to a Schedule 13G reporting beneficial ownership of 12,195,663 shares of Amdocs Ltd common stock, representing 11.3% of the class as of the event date.
Rhea-AI Filing Summary
Pzena Investment Management, LLC, a Delaware investment adviser, filed Amendment No. 1 to a Schedule 13G reporting beneficial ownership of 12,195,663 shares of Amdocs Ltd common stock, representing 11.3% of the class as of the event date. Pzena reports sole power to vote or direct the vote over 9,871,510 shares and sole power to dispose or direct the disposition of 12,195,663 shares, with no shared voting or dispositive power.
The filing states that clients of the investment manager have the right to receive and the ultimate power to direct the receipt of dividends and sale proceeds for the reported securities, and that no single client’s interest relates to more than five percent of the class. Pzena certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Amdocs.
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