Deprince Race & Zollo Inc.
DePrince, Race & Zollo, Inc. (DRZ) is an SEC-registered, 100% employee-owned investment adviser based in Winter Park, Florida, founded in 1995 and primarily owned by John Race and Victor Zollo. The firm employs approximately 35 professionals and provides discretionary investment management services to institutional investors, including pension plans, trusts, charities, corporations, investment companies, and high net worth individuals. DRZ specializes in long-only equity value strategies, offering portfolios in Large Cap, Small Cap, SMID Cap, Micro Cap, and Emerging Markets Value. The firm is focused on delivering strong long-term outperformance and customer service through a disciplined value investment methodology and maintains a strong client-centered culture.
Investment Strategy
DRZ employs a value-focused, long-only equity investment approach. Its investment process targets stocks with above-average dividend yield, attractive relative valuation, and compelling fundamental catalysts. The firm's philosophy combines fundamental business analysis, capital structure evaluation, and risk management to seek strong risk-adjusted returns. Strategies include U.S. Large Cap, SMID Cap, Small Cap, Micro Cap, and Emerging Markets Value, and DRZ offers both commingled and separate accounts, maintaining rigorous portfolio construction to manage risk while aiming for outperformance. ESG considerations are integrated into DRZ's analysis to enhance decision-making. DRZ serves institutional investors and high-net-worth clients with a consistently applied, singular value process.
Top Holdings
Equity Positions (182)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
E ENS | ENERSYS | 2.36% | $117.8M | 1,042,865 | $81.67 | $112.96 | +$24.0M |
B BC | BRUNSWICK CORP | 2.35% | $117.1M | 1,852,050 | $62.59 | $63.24 | +$17.3M |
N NWL | NEWELL BRANDS INC | 1.96% | $97.8M | 18,670,804 | $9.91 | $5.24 | +$16.2M |
P PCH | POTLATCHDELTIC CORPORATION | 1.90% | $94.5M | 2,319,288 | $43.88 | $40.75 | +$4.9M |
P PRGO | PERRIGO CO PLC | 1.58% | $78.7M | 3,535,035 | $33.36 | $22.27 | -$43.2M |