Pzena Investment discloses 8.8% Magna International (MGA) holding

Rhea-AI Filing Summary

Pzena Investment Management, LLC filed an amended Schedule 13G reporting beneficial ownership of 24,431,165 shares of Magna International Inc. common stock, representing 8.8 % of the class as of 06/30/2026. Pzena has sole power to vote 17,931,888 of these shares and sole power to dispose of 24,431,165 shares, with no shared voting or dispositive power.

The shares are held for investment-advisory clients. Those clients have the right to receive dividends and sale proceeds from the securities, and no individual client’s interest relates to more than five percent of the outstanding common stock.

Key Figures

Beneficial ownership: 24,431,165 shares Percent of class: 8.8 % Sole voting power: 17,931,888 shares +2 more

5 metrics

Beneficial ownership 24,431,165 shares Common stock of Magna International Inc. beneficially owned by Pzena Investment Management, LLC

Percent of class 8.8 % Percentage of Magna International Inc. common stock represented by Pzena’s holdings

Sole voting power 17,931,888 shares Shares for which Pzena has sole power to vote or direct the vote

Sole dispositive power 24,431,165 shares Shares for which Pzena has sole power to dispose or direct the disposition

Ownership date 06/30/2026 Date associated with the reported beneficial ownership of Magna International common stock

Key Terms

beneficially owned, percent of class, sole power to vote or to direct the vote, sole power to dispose or to direct the disposition of, +1 more

5 terms

beneficially owned regulatory

"Amount beneficially owned: 24,431,165"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

percent of class regulatory

"Percent of class: 8.8 %"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

sole power to vote or to direct the vote regulatory

"Sole power to vote or to direct the vote: 17,931,888"

sole power to dispose or to direct the disposition of regulatory

"Sole power to dispose or to direct the disposition of: 24,431,165"

Ownership of more than 5 Percent on Behalf of Another Person regulatory

"Item 6. Ownership of more than 5 Percent on Behalf of Another Person."

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Available on EDGAR 07/15/2026 - 01:56 PM Accepted by SEC EDGAR 07/15/2026 - 01:55 PM Learn about SEC filing dates

FAQ

What stake does Pzena Investment Management report in Magna International (MGA)?

Pzena Investment Management reports beneficial ownership of 24,431,165 Magna International common shares, equal to 8.8 % of the class as of 06/30/2026. The position reflects shares held for its investment-advisory clients under discretionary management.

How much voting power does Pzena have over Magna International (MGA) shares?

Pzena has sole voting power over 17,931,888 shares of Magna International common stock. It reports no shared voting power, meaning all reportable voting authority for this stake resides with Pzena alone, subject to its advisory relationships with clients.

How many Magna International (MGA) shares can Pzena dispose of?

Pzena reports sole dispositive power over 24,431,165 shares of Magna International common stock. It has no shared dispositive power, indicating exclusive authority to direct the sale or other disposition of all shares included in this beneficial ownership report.

Who ultimately benefits from Pzena’s Magna International (MGA) holdings?

Pzena states that clients of the investment manager have the right to receive dividends and sale proceeds from the reported Magna International shares. It also notes that no single client’s interest exceeds five percent of the company’s outstanding common stock.

Why does Pzena’s 8.8 % Magna International (MGA) stake trigger a Schedule 13G/A?

A Schedule 13G/A is required when an investor beneficially owns more than five percent of a registered class of equity securities. Pzena’s reported 8.8 % Magna International holding meets this threshold, requiring disclosure as an institutional investment manager.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

MAGNA INTERNATIONAL INC

(Name of Issuer)

Common Stock

(Title of Class of Securities)

559222401

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 559222401

1

Names of Reporting Persons

PZENA INVESTMENT MANAGEMENT LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 17,931,887.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 24,431,164.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

24,431,164.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.8 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: MAGNA INTERNATIONAL INC
(b)	Address of issuer's principal executive offices: 337 MAGNA DRIVE, N/A, AURORA, ONTARIO, CAN, ONTARIO, CANADA, L4G 7K1
Item 2.
(a)	Name of person filing: Pzena Investment Management, LLC
(b)	Address or principal business office or, if none, residence: 320 Park Avenue, 8th floor New York, NY 10022
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 559222401
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 24,431,165
(b)	Percent of class: 8.8 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 17,931,888
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 24,431,165
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. CLIENTS OF THE FILING INVESTMENT MANAGER HAVE THE RIGHT TO RECEIVE AND THE ULTIMATE POWER TO DIRECT THE RECEIPT OF DIVIDENDS FROM, OR THE PROCEEDS OF SALE OF THE SECURITIES REPORTED ON HEREINABOVE. NO INTEREST OF ANY ONE OF SUCH CLIENTS RELATES TO MORE THAN FIVE PERCENT OF THE CLASS.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

PZENA INVESTMENT MANAGEMENT LLC

Signature:	s/Steven Coffey
Name/Title:	Chief Legal Risk Officer & Chief Compliance Officer
Date:	07/15/2026