PZENA INVESTMENT MANAGEMENT LLC Diversified Active

CIK: 0001027796 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 9, 2024

Total Value ($000): $26,602,430 (100.0% shares, 0.0% debt)

Holdings (164)

CTSH COGNIZANT TECHNOLOGY SOLUTIO 4.9%
Value ($000) $1,311,593 Shares 17,365,198 Est. Cost $59.24 Unrealized +12.6%
DOW DOW INC 3.8%
Value ($000) $1,017,850 Shares 18,560,356 Est. Cost $40.60 Unrealized +10.0%
COF CAPITAL ONE FINL CORP 3.8%
Value ($000) $1,016,317 Shares 7,751,043 Est. Cost $85.02 Unrealized +22.9%
MGA MAGNA INTL INC 3.8%
Value ($000) $1,008,126 Shares 12,876,813 Est. Cost $50.63 Unrealized -1.9%
EIX EDISON INTL 3.6%
Value ($000) $950,790 Shares 13,299,621 Est. Cost $46.85 Unrealized +27.0%
BAX BAXTER INTL INC 3.5%
Value ($000) $938,285 Shares 24,270,170 Est. Cost $35.14 Unrealized -4.4%
EQH EQUITABLE HLDGS INC 3.3%
Value ($000) $884,716 Shares 26,568,063 Est. Cost $20.92 Unrealized +33.3%
WFC WELLS FARGO CO NEW 3.3%
Value ($000) $884,568 Shares 17,971,719 Est. Cost $32.99 Unrealized +24.4%
SSNC SS&C TECHNOLOGIES HLDGS INC 3.3%
Value ($000) $884,438 Shares 14,472,892 Est. Cost $65.19 Unrealized -16.2%
LEA LEAR CORP 3.3%
Value ($000) $883,107 Shares 6,253,857 Est. Cost $123.41 Unrealized +2.2%
C CITIGROUP INC 3.3%
Value ($000) $866,797 Shares 16,850,636 Est. Cost $42.26 Unrealized -2.2%
UBS UBS GROUP AG 3.0%
Value ($000) $786,787 Shares 30,145,113 Est. Cost $24.59 Unrealized +7.0%
PVH PVH CORPORATION 2.9%
Value ($000) $774,933 Shares 6,345,668 Est. Cost $88.64 Unrealized +0.6%
BAC BANK AMERICA CORP 2.6%
Value ($000) $690,602 Shares 20,510,906 Est. Cost $21.28 Unrealized +29.8%
MET METLIFE INC 2.5%
Value ($000) $668,746 Shares 10,112,602 Est. Cost $45.88 Unrealized +28.1%
NOV NOV INC 2.4%
Value ($000) $631,238 Shares 31,126,144 Est. Cost $14.90 Unrealized +31.9%
MDT MEDTRONIC PLC 2.3%
Value ($000) $617,896 Shares 7,500,562 Est. Cost $76.11 Unrealized -6.1%
WAB WABTEC 2.2%
Value ($000) $577,552 Shares 4,551,240 Est. Cost $72.15 Unrealized +54.8%
CHTR CHARTER COMMUNICATIONS INC N 2.1%
Value ($000) $563,363 Shares 1,449,425 Est. Cost $367.20 Unrealized +11.0%
NWL NEWELL BRANDS INC 1.8%
Value ($000) $469,560 Shares 54,096,768 Est. Cost $15.67 Unrealized -55.9%
AVT AVNET INC 1.6%
Value ($000) $435,094 Shares 8,632,817 Est. Cost $29.71 Unrealized +51.3%
DOX AMDOCS LTD 1.4%
Value ($000) $372,611 Shares 4,239,513 Est. Cost $68.87 Unrealized +14.8%
TE CONNECTIVITY LTD 1.4%
Value ($000) $359,703 Shares 2,560,162 Est. Cost $133.60 Unrealized
FMS FRESENIUS MEDICAL CARE AG 1.3%
Value ($000) $338,852 Shares 16,267,492 Est. Cost $25.31 Unrealized
GIL GILDAN ACTIVEWEAR INC 1.2%
Value ($000) $317,447 Shares 9,602,146 Est. Cost $24.47 Unrealized +27.6%
TSN TYSON FOODS INC 1.2%
Value ($000) $316,465 Shares 5,887,724 Est. Cost $48.65 Unrealized -7.4%
SWKS SKYWORKS SOLUTIONS INC 1.1%
Value ($000) $302,309 Shares 2,689,100 Est. Cost $90.94 Unrealized 0.0%
JPM JPMORGAN CHASE & CO 1.1%
Value ($000) $300,783 Shares 1,768,274 Est. Cost $49.66 Unrealized +191.8%
BMY BRISTOL-MYERS SQUIBB CO 1.1%
Value ($000) $286,967 Shares 5,592,816 Est. Cost $52.94 Unrealized -11.2%
GPN GLOBAL PMTS INC 1.0%
Value ($000) $278,413 Shares 2,192,227 Est. Cost $115.47 Unrealized -1.9%
VOYA VOYA FINANCIAL INC 1.0%
Value ($000) $275,863 Shares 3,781,018 Est. Cost $30.44 Unrealized +117.4%
SHEL SHELL PLC 1.0%
Value ($000) $256,494 Shares 3,898,091 Est. Cost $57.02 Unrealized
CNO CNO FINL GROUP INC 0.7%
Value ($000) $194,817 Shares 6,982,684 Est. Cost $15.37 Unrealized +57.2%
GS GOLDMAN SACHS GROUP INC 0.7%
Value ($000) $182,411 Shares 472,849 Est. Cost $129.57 Unrealized +145.2%
NOK NOKIA CORP 0.7%
Value ($000) $178,912 Shares 52,313,442 Est. Cost $3.69 Unrealized
CI THE CIGNA GROUP 0.6%
Value ($000) $162,998 Shares 544,326 Est. Cost $214.71 Unrealized +30.8%
GE GENERAL ELECTRIC CO 0.6%
Value ($000) $161,589 Shares 1,266,075 Est. Cost $59.60 Unrealized +53.5%
DIS DISNEY WALT CO 0.6%
Value ($000) $158,269 Shares 1,752,900 Est. Cost $84.57 Unrealized +1.9%
OLN OLIN CORP 0.6%
Value ($000) $156,600 Shares 2,902,685 Est. Cost $21.73 Unrealized +108.8%
MHK MOHAWK INDS INC 0.6%
Value ($000) $156,240 Shares 1,509,564 Est. Cost $130.88 Unrealized -33.1%
JELD JELD-WEN HLDG INC 0.5%
Value ($000) $138,715 Shares 7,347,195 Est. Cost $26.69 Unrealized -44.3%
BAP CREDICORP LTD 0.5%
Value ($000) $134,727 Shares 898,597 Est. Cost $124.96 Unrealized -3.8%
LDOS LEIDOS HOLDINGS INC 0.5%
Value ($000) $123,948 Shares 1,145,120 Est. Cost $89.43 Unrealized +11.3%
CAH CARDINAL HEALTH INC 0.4%
Value ($000) $116,991 Shares 1,160,629 Est. Cost $50.39 Unrealized +90.0%
GAP GAP INC 0.4%
Value ($000) $116,622 Shares 5,577,338 Est. Cost $11.26 Unrealized +34.3%
AXTA AXALTA COATING SYS LTD 0.4%
Value ($000) $115,600 Shares 3,402,995 Est. Cost $27.06 Unrealized +10.7%
AIG AMERICAN INTL GROUP INC 0.4%
Value ($000) $115,424 Shares 1,703,682 Est. Cost $35.75 Unrealized +70.1%
STEELCASE INC 0.4%
Value ($000) $106,041 Shares 7,843,245 Est. Cost $11.30 Unrealized
AXS AXIS CAP HLDGS LTD 0.4%
Value ($000) $103,923 Shares 1,876,890 Est. Cost $37.51 Unrealized +42.4%
WBS WEBSTER FINL CORP 0.4%
Value ($000) $101,437 Shares 1,998,370 Est. Cost $36.09 Unrealized +19.7%
JNJ JOHNSON & JOHNSON 0.4%
Value ($000) $99,947 Shares 637,662 Est. Cost $150.25 Unrealized -4.4%
TCOM TRIP COM GROUP LTD 0.4%
Value ($000) $97,652 Shares 2,711,810 Est. Cost $29.48 Unrealized
ELV ELEVANCE HEALTH INC 0.3%
Value ($000) $91,270 Shares 193,550 Est. Cost $357.60 Unrealized +24.9%
GD GENERAL DYNAMICS CORP 0.3%
Value ($000) $89,529 Shares 344,778 Est. Cost $178.57 Unrealized +31.2%
DRH DIAMONDROCK HOSPITALITY CO 0.3%
Value ($000) $88,625 Shares 9,438,182 Est. Cost $8.28 Unrealized
AYI ACUITY BRANDS INC 0.3%
Value ($000) $87,164 Shares 425,541 Est. Cost $170.03 Unrealized +5.7%
SPB SPECTRUM BRANDS HLDGS INC NE 0.3%
Value ($000) $86,207 Shares 1,080,699 Est. Cost $63.59 Unrealized +18.5%
REZI RESIDEO TECHNOLOGIES INC 0.3%
Value ($000) $85,163 Shares 4,525,158 Est. Cost $17.32 Unrealized -5.5%
OEC ORION S.A. 0.3%
Value ($000) $84,317 Shares 3,040,651 Est. Cost $14.88 Unrealized +54.2%
AAP ADVANCE AUTO PARTS INC 0.3%
Value ($000) $79,288 Shares 1,299,164 Est. Cost $63.61 Unrealized -17.9%
PFE PFIZER INC 0.3%
Value ($000) $78,408 Shares 2,723,445 Est. Cost $27.42 Unrealized -3.7%
MRC GLOBAL INC 0.3%
Value ($000) $77,090 Shares 7,001,859 Est. Cost $9.09 Unrealized
HAL HALLIBURTON CO 0.3%
Value ($000) $76,387 Shares 2,113,066 Est. Cost $21.55 Unrealized +69.1%
SCSC SCANSOURCE INC 0.3%
Value ($000) $74,988 Shares 1,893,151 Est. Cost $34.02 Unrealized -1.1%
UVV UNIVERSAL CORP VA 0.3%
Value ($000) $73,181 Shares 1,087,062 Est. Cost $50.95 Unrealized +5.1%
BDC BELDEN INC 0.3%
Value ($000) $70,678 Shares 914,924 Est. Cost $49.51 Unrealized +49.4%
MS MORGAN STANLEY 0.3%
Value ($000) $69,918 Shares 749,791 Est. Cost $20.20 Unrealized +270.4%
ADNT ADIENT PLC 0.2%
Value ($000) $66,080 Shares 1,817,382 Est. Cost $34.31 Unrealized +0.0%
CVS CVS HEALTH CORP 0.2%
Value ($000) $65,083 Shares 824,250 Est. Cost $65.40 Unrealized 0.0%
TRS TRIMAS CORP 0.2%
Value ($000) $64,662 Shares 2,552,767 Est. Cost $25.50 Unrealized -3.1%
CBRE CBRE GROUP INC 0.2%
Value ($000) $62,579 Shares 672,242 Est. Cost $84.42 Unrealized -7.9%
HSIC HENRY SCHEIN INC 0.2%
Value ($000) $61,292 Shares 809,558 Est. Cost $77.08 Unrealized -9.2%
ASB ASSOCIATED BANC CORP 0.2%
Value ($000) $60,465 Shares 2,826,786 Est. Cost $13.72 Unrealized +20.6%
ONB OLD NATL BANCORP IND 0.2%
Value ($000) $60,363 Shares 3,573,865 Est. Cost $18.21 Unrealized -17.5%
XOM EXXON MOBIL CORP 0.2%
Value ($000) $59,686 Shares 596,980 Est. Cost $47.30 Unrealized +106.3%
GL GLOBE LIFE INC 0.2%
Value ($000) $58,273 Shares 478,750 Est. Cost $100.89 Unrealized +14.5%
TSM TAIWAN SEMICONDUCTOR MFG LTD 0.2%
Value ($000) $57,907 Shares 556,799 Est. Cost $58.95 Unrealized
AMWD AMERICAN WOODMARK CORPORATIO 0.2%
Value ($000) $57,422 Shares 618,442 Est. Cost $64.88 Unrealized +20.0%
MASONITE INTL CORP 0.2%
Value ($000) $55,071 Shares 650,500 Est. Cost $75.45 Unrealized
FNF FIDELITY NATIONAL FINANCIAL 0.2%
Value ($000) $54,928 Shares 1,076,590 Est. Cost $31.92 Unrealized +21.6%
GMS INC 0.2%
Value ($000) $54,912 Shares 666,161 Est. Cost $44.50 Unrealized
DAN DANA INC 0.2%
Value ($000) $53,578 Shares 3,667,248 Est. Cost $14.90 Unrealized -16.5%
KFY KORN FERRY 0.2%
Value ($000) $53,304 Shares 898,130 Est. Cost $48.41 Unrealized 0.0%
COLB COLUMBIA BKG SYS INC 0.2%
Value ($000) $50,499 Shares 1,892,764 Est. Cost $23.29 Unrealized -16.1%
MBC MASTERBRAND INC 0.2%
Value ($000) $50,405 Shares 3,394,286 Est. Cost $8.69 Unrealized +47.5%
RGA REINSURANCE GRP OF AMERICA I 0.2%
Value ($000) $49,825 Shares 307,981 Est. Cost $93.30 Unrealized +66.8%
UHS UNIVERSAL HLTH SVCS INC 0.2%
Value ($000) $49,212 Shares 322,831 Est. Cost $133.35 Unrealized 0.0%
TBI TRUEBLUE INC 0.2%
Value ($000) $47,436 Shares 3,092,337 Est. Cost $16.93 Unrealized -17.4%
MSM MSC INDL DIRECT INC 0.2%
Value ($000) $46,779 Shares 461,966 Est. Cost $77.25 Unrealized +28.1%
FITB FIFTH THIRD BANCORP 0.2%
Value ($000) $46,429 Shares 1,346,164 Est. Cost $16.77 Unrealized +52.3%
WSFS WSFS FINL CORP 0.2%
Value ($000) $46,088 Shares 1,003,447 Est. Cost $39.68 Unrealized -1.1%
REV GROUP INC 0.2%
Value ($000) $45,623 Shares 2,510,881 Est. Cost $10.03 Unrealized
MCK MCKESSON CORP 0.2%
Value ($000) $45,448 Shares 98,163 Est. Cost $136.55 Unrealized +229.8%
TILE INTERFACE INC 0.2%
Value ($000) $44,048 Shares 3,490,324 Est. Cost $8.47 Unrealized +21.0%
USNA USANA HEALTH SCIENCES INC 0.2%
Value ($000) $40,823 Shares 761,615 Est. Cost $91.07 Unrealized -44.5%
ABEV AMBEV SA 0.1%
Value ($000) $39,837 Shares 14,227,442 Est. Cost $2.91 Unrealized
HOFT HOOKER FURNISHINGS CORPORATI 0.1%
Value ($000) $37,191 Shares 1,426,039 Est. Cost $22.20 Unrealized -10.1%
RF REGIONS FINANCIAL CORP NEW 0.1%
Value ($000) $36,807 Shares 1,899,232 Est. Cost $7.32 Unrealized +105.5%
JUNIPER NETWORKS INC 0.1%
Value ($000) $36,323 Shares 1,232,131 Est. Cost $26.22 Unrealized
CRBG COREBRIDGE FINL INC 0.1%
Value ($000) $34,442 Shares 1,590,098 Est. Cost $18.40 Unrealized +1.6%
UVSP UNIVEST FINANCIAL CORPORATIO 0.1%
Value ($000) $32,140 Shares 1,458,921 Est. Cost $21.37 Unrealized -12.4%
SYNOVUS FINL CORP 0.1%
Value ($000) $30,697 Shares 815,313 Est. Cost $29.53 Unrealized
CSCO CISCO SYS INC 0.1%
Value ($000) $29,481 Shares 583,559 Est. Cost $18.84 Unrealized +154.6%
SKECHERS U S A INC 0.1%
Value ($000) $29,267 Shares 469,476 Est. Cost $41.76 Unrealized
BIDU BAIDU INC 0.1%
Value ($000) $29,093 Shares 244,291 Est. Cost $158.06 Unrealized
ARW ARROW ELECTRS INC 0.1%
Value ($000) $28,970 Shares 236,971 Est. Cost $61.89 Unrealized +92.8%
CNXC CONCENTRIX CORP 0.1%
Value ($000) $28,735 Shares 292,592 Est. Cost $82.29 Unrealized 0.0%
FLEX FLEX LTD 0.1%
Value ($000) $28,667 Shares 941,135 Est. Cost $8.30 Unrealized +141.3%
AMERICAN EQTY INVT LIFE HLD 0.1%
Value ($000) $28,095 Shares 503,490 Est. Cost $26.78 Unrealized
KOP KOPPERS HOLDINGS INC 0.1%
Value ($000) $27,278 Shares 532,573 Est. Cost $24.17 Unrealized +69.9%
GCO GENESCO INC 0.1%
Value ($000) $26,948 Shares 765,354 Est. Cost $28.38 Unrealized +8.3%
BFH BREAD FINANCIAL HOLDINGS INC 0.1%
Value ($000) $26,601 Shares 807,557 Est. Cost $28.52 Unrealized +0.9%
SHG SHINHAN FINANCIAL GROUP CO L 0.1%
Value ($000) $26,475 Shares 860,127 Est. Cost $28.10 Unrealized
RHI ROBERT HALF INC. 0.1%
Value ($000) $26,419 Shares 300,486 Est. Cost $79.48 Unrealized 0.0%
FBIN FORTUNE BRANDS INNOVATIONS I 0.1%
Value ($000) $25,563 Shares 335,735 Est. Cost $49.85 Unrealized +27.1%
KEY KEYCORP 0.1%
Value ($000) $25,408 Shares 1,764,419 Est. Cost $9.44 Unrealized +12.9%
CMA COMERICA INC 0.1%
Value ($000) $24,221 Shares 433,997 Est. Cost $54.44 Unrealized -25.3%
ZTO ZTO EXPRESS CAYMAN INC 0.1%
Value ($000) $23,301 Shares 1,094,972 Est. Cost $24.08 Unrealized
PAHC PHIBRO ANIMAL HEALTH CORP 0.1%
Value ($000) $23,039 Shares 1,989,558 Est. Cost $21.31 Unrealized -47.0%
VREX VAREX IMAGING CORP 0.1%
Value ($000) $22,069 Shares 1,076,535 Est. Cost $25.12 Unrealized -24.0%
IVZ INVESCO LTD 0.1%
Value ($000) $19,987 Shares 1,120,370 Est. Cost $15.68 Unrealized -16.7%
HDB HDFC BANK LTD 0.1%
Value ($000) $19,031 Shares 283,583 Est. Cost $67.11 Unrealized
G GENPACT LIMITED 0.1%
Value ($000) $17,539 Shares 505,310 Est. Cost $25.86 Unrealized +29.4%
MDU MDU RES GROUP INC 0.1%
Value ($000) $15,748 Shares 795,335 Est. Cost $10.03 Unrealized -0.8%
MTZ MASTEC INC 0.1%
Value ($000) $15,279 Shares 201,777 Est. Cost $65.25 Unrealized -4.2%
MMI MARCUS & MILLICHAP INC 0.0%
Value ($000) $12,156 Shares 278,306 Est. Cost $32.28 Unrealized -0.0%
ORCL ORACLE CORP 0.0%
Value ($000) $12,139 Shares 115,138 Est. Cost $35.15 Unrealized +203.6%
ETR ENTERGY CORP NEW 0.0%
Value ($000) $11,196 Shares 110,648 Est. Cost $30.91 Unrealized +46.8%
IBN ICICI BANK LIMITED 0.0%
Value ($000) $8,706 Shares 365,168 Est. Cost $9.23 Unrealized
BABA ALIBABA GROUP HLDG LTD 0.0%
Value ($000) $4,877 Shares 62,926 Est. Cost $111.90 Unrealized
CIG CIA ENERGETICA DE MINAS GERA 0.0%
Value ($000) $2,803 Shares 1,208,196 Est. Cost $2.05 Unrealized
PBR/A PETROLEO BRASILEIRO SA PETRO 0.0%
Value ($000) $2,567 Shares 167,994 Est. Cost $9.60 Unrealized
SSL SASOL LTD 0.0%
Value ($000) $2,291 Shares 230,453 Est. Cost $24.24 Unrealized
VALE VALE S A 0.0%
Value ($000) $2,101 Shares 132,495 Est. Cost $15.86 Unrealized
NATURA &CO HLDG S A 0.0%
Value ($000) $1,597 Shares 233,434 Est. Cost $6.97 Unrealized
ITUB ITAU UNIBANCO HLDG S A 0.0%
Value ($000) $1,597 Shares 229,723 Est. Cost $5.32 Unrealized
KB KB FINL GROUP INC 0.0%
Value ($000) $1,320 Shares 31,901 Est. Cost $45.96 Unrealized
ACWX ISHARES TR 0.0%
Value ($000) $980 Shares 19,209 Est. Cost $51.04 Unrealized
PHG KONINKLIJKE PHILIPS N V 0.0%
Value ($000) $821 Shares 35,186 Est. Cost $21.69 Unrealized
ING ING GROEP N.V. 0.0%
Value ($000) $802 Shares 53,418 Est. Cost $12.17 Unrealized
BCS BARCLAYS PLC 0.0%
Value ($000) $802 Shares 101,786 Est. Cost $9.11 Unrealized
HSBC HSBC HLDGS PLC 0.0%
Value ($000) $695 Shares 17,135 Est. Cost $31.16 Unrealized
MT ARCELORMITTAL SA LUXEMBOURG 0.0%
Value ($000) $686 Shares 24,162 Est. Cost $26.22 Unrealized
DVA DAVITA INC 0.0%
Value ($000) $599 Shares 5,717 Est. Cost $92.39 Unrealized 0.0%
ITRN ITURAN LOCATION AND CONTROL 0.0%
Value ($000) $597 Shares 21,907 Est. Cost $18.98 Unrealized +39.3%
TMUS T-MOBILE US INC 0.0%
Value ($000) $505 Shares 3,152 Est. Cost $138.81 Unrealized +3.1%
GILD GILEAD SCIENCES INC 0.0%
Value ($000) $476 Shares 5,871 Est. Cost $73.85 Unrealized -2.3%
TRV TRAVELERS COMPANIES INC 0.0%
Value ($000) $458 Shares 2,406 Est. Cost $169.26 Unrealized -1.5%
EXEL EXELIXIS INC 0.0%
Value ($000) $455 Shares 18,979 Est. Cost $18.18 Unrealized +19.6%
INGR INGREDION INC 0.0%
Value ($000) $451 Shares 4,152 Est. Cost $92.23 Unrealized +8.8%
HUM HUMANA INC 0.0%
Value ($000) $448 Shares 979 Est. Cost $460.83 Unrealized +4.1%
UTHR UNITED THERAPEUTICS CORP DEL 0.0%
Value ($000) $445 Shares 2,022 Est. Cost $241.16 Unrealized -4.4%
ACGL ARCH CAP GROUP LTD 0.0%
Value ($000) $443 Shares 5,971 Est. Cost $75.77 Unrealized +2.6%
ULTA ULTA BEAUTY INC 0.0%
Value ($000) $433 Shares 884 Est. Cost $437.16 Unrealized -3.5%
JD JD.COM INC 0.0%
Value ($000) $432 Shares 14,965 Est. Cost $28.89 Unrealized
NWG NATWEST GROUP PLC 0.0%
Value ($000) $397 Shares 70,432 Est. Cost $6.21 Unrealized
MKL MARKEL GROUP INC 0.0%
Value ($000) $322 Shares 227 Est. Cost $1366.32 Unrealized +3.8%
DELL DELL TECHNOLOGIES INC 0.0%
Value ($000) $295 Shares 3,860 Est. Cost $68.27 Unrealized 0.0%
LPLA LPL FINL HLDGS INC 0.0%
Value ($000) $270 Shares 1,187 Est. Cost $196.70 Unrealized +14.3%
QRVO QORVO INC 0.0%
Value ($000) $256 Shares 2,272 Est. Cost $137.10 Unrealized -29.6%
DLTR DOLLAR TREE INC 0.0%
Value ($000) $240 Shares 1,692 Est. Cost $118.40 Unrealized 0.0%
CMCSA COMCAST CORP NEW 0.0%
Value ($000) $228 Shares 5,200 Est. Cost $36.12 Unrealized +11.0%
SMFG SUMITOMO MITSUI FINL GROUP I 0.0%
Value ($000) $224 Shares 23,154 Est. Cost $8.02 Unrealized
VOD VODAFONE GROUP PLC NEW 0.0%
Value ($000) $104 Shares 11,936 Est. Cost $10.12 Unrealized