Pzena's 9.0% passive stake is a significant ownership position but carries no activist intent per the filing certification. Monitor for any future conversion to a 13D or changes in stake size, which would signal a shift in strategy.
Price Chart
Executive Summary
Pzena Investment Management disclosed a 9.0% passive stake in LKQ Corp as of September 30, 2026, via an amended Schedule 13G. The filing indicates Pzena holds 22,892,238 shares, up from a prior undisclosed position. This is a routine passive stake update with no activist intent, but the size of the holding (9.0%) is notable.
Key Financial Metrics
Key Facts
- Pzena Investment Management reported beneficial ownership of 22,892,238 shares of LKQ common stock as of September 30, 2026.
- The stake represents 9.0% of shares outstanding.
- Pzena certifies the shares were acquired in the ordinary course of business and not with the purpose of changing or influencing control.
- This is an amendment to a prior Schedule 13G filing; the prior filing's stake size is not provided in the documents.
Financial Impact
9.0% passive stake in LKQ Corp; no transaction value disclosed.
Risk Factors
- Passive stake could be reduced without notice, potentially pressuring the stock.
- No indication of activist engagement; the filing is purely informational.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13G/A Filing (Primary) | 0001027796-26-000062 |
| Document: 0001027796-26-000062-index.html | 0001027796-26-000062 |
| Document: 0001027796-26-000062.txt | 0001027796-26-000062 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | 8-K | $20.40 | awaiting T+60 | — | $17.42 (+14.61%) |
Oct 21, 2026 4d ago | Institutional Cluster | $22.47 | awaiting T+60 | — | $17.42 (−22.47%) |
Oct 19, 2026 6d ago | SC 13G/A | $21.53 | awaiting T+60 | — | $17.42 (−19.09%) |
Oct 5, 2026 20d ago | Press Release | $22.40 | awaiting T+60 | — | $17.42 (−22.23%) |
Jul 30, 2026 12w ago | 8-K | $22.60 $17.42 | ▲ +22.92% | ▲ +25.39% | $17.42 (+22.92%) |
Apr 30, 2026 25w ago | Press Release | $31.48 $25.82 | ▲ +17.97% | ▲ +20.80% | $17.42 (+44.66%) |
Apr 2, 2026 29w ago | Press Release | $28.16 $26.12 | ▼ −7.24% | ▼ −20.22% | $17.42 (−38.13%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers