Deep value investor Richard Pzena of Pzena Investment Management significantly increased his firm's position in Globe Life Inc. (GL), according to a recent quarterly disclosure. The firm added approximately 2.12 million shares, a 157% increase, bringing its total holding to 3.48 million shares valued at about $576 million as of the September 30, 2026 report date. This raised Globe Life's weight in Pzena's reported portfolio from 0.71% to 1.69%.
This trade information comes from a 13F filing, a mandatory quarterly report for large investment managers that is released up to 45 days after the end of a quarter, so it reflects a position held at the end of September. Globe Life recently reported its third-quarter 2026 results, noting a 7% growth in total premium revenue over the year-ago quarter.