Deprince, Race & Zollo, Inc.
SEC-registered
Institutional / Pension Advisor · Mid-sized ($1B–$10B)
CRD 112099
· SEC file 801-48779
· Winter Park, FL
· WWW.LINKEDIN.COM
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ADV data as of May 08, 2026
- Regulatory AUM
- $5.9B
- Discretionary
- $5.9B
- Clients
- 80
- Avg AUM / client
- $73.7M
- Accounts
- 80
- Employees
- 27
AUM over time
$3.4B
$8.5B
Dec 2011
May 2026
Annual snapshots from Form ADV filings · as of May 08, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | 2 | $3.6M | 0.06% |
| Investment companies | 1 | $721M | 12.2% |
| Pooled investment vehicles (non-investment companies) | 5 | $778M | 13.2% |
| Pension and profit sharing plans | 28 | $2.6B | 43.6% |
| Charitable organizations | 7 | $102M | 1.73% |
| State or municipal government entities | 33 | $1.5B | 26.0% |
| Corporations and other businesses | 4 | $190M | 3.22% |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $282M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Drz Emerging Markets, Lp | Hedge Fund | Delaware | $280M | 8 |
| Drz Long Short, Lp | Hedge Fund | Delaware | $1.9M | 16 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| National Elevator Industry Pension Plan National Elevator Industry Pension Plan Plan Board Of Trustees | 2024 | |
| Puget Sound Electrical Workers Pension Plan Board Of Trustees, Puget Sound Electrical Workers Pension Trust | 2024 | |
| I.U.O.E. Local 132 Pension Fund I.U.O.E. Local 132 Pension Fund | Huntington, WV | 2024 |
| Jpmorgan Chase Retirement Plan Jpmorgan Chase Bank, National Association | 2024 | |
| Sutter Health Retirement Plan Sutter Health | 2024 | |
| District Council 82 Painting Industry Pension Plan Trustees Of District Council 82 Painting Industry Pension Plan | 2024 | |
| Pacific Gas And Electric Company Retirement Plan Pacific Gas And Electric Company | 2024 | |
| Roofers Pension Fund Board Of Trustees Of Roofers Pension Fund | 2024 | |
| The Southern Company Pension Plan Southern Company Services, Inc. | 2024 | |
| Twin City Carpenters And Joiners Pension Fund Board Of Trustees Of The Twin City Carpenters And Joiners Pension Fund | 2024 |
People (14)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Race, John, Dudley | Principal,Co Ceo, Mgmt Committee Member | Mar 1995 (31y) | Less than 5% | |
| Zollo, Jr., Victor, Anthony | Principal,President,Co Ceo, Mgmt Committee Member | Mar 1995 (31y) | Less than 5% | |
| Ramsby, Gregory, Todd | Principal, Mgmt Committee Member | Jan 1999 (28y) | Less than 5% | |
| Carbone, Kelly, Weber | Principal, Mgmt Committee Member | Apr 2001 (25y) | Less than 5% | |
| Wood, James, Kurtis | Director Of Client Service | Jan 2005 (22y) | Less than 5% | |
| Johnston, Angela, Anne | Cfo, Mgmt Committee Member | Jan 2010 (17y) | Less than 5% | |
| Radovich, Harry, Christopher | Co Portfolio Manager | Jan 2010 (17y) | 5% – 10% | |
| Weems, Darren, Christopher | Co Portfolio Manager | Jan 2011 (16y) | Less than 5% | |
| Miller, Marc, Phillip | Co Portfolio Manager | Mar 2012 (14y) | Less than 5% | |
| Long, Brendan, Michael | Senior Research Analyst | Jan 2013 (14y) | Less than 5% | |
| Renfrow, Randy, Allen | Co Portfolio Manager | Jan 2013 (14y) | 5% – 10% | |
| Sanchez, Adelbert, Roberto | Chief Compliance Officer | Feb 2013 (14y) | Less than 5% | |
| Amato, Damien | Senior Research Analyst | Jun 2020 (6y) | Less than 5% | |
| Pancratz, Zachary, Joseph | Co Portfolio Manager | Jan 2024 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| The John D. Race Trust | Shareholder | Mar 1998 | A | 10% – 25% |
| The Victor A. Zollo, Jr. Revocable Trust | Shareholder | Feb 2002 | A | 10% – 25% |
| Gregory T. Ramsby Trust 1/14/99 | Shareholder | Dec 2011 | A | 10% – 25% |
| Kelly W. Carbone Revocable Trust 11/1/2005 | Shareholder | Dec 2011 | A | 10% – 25% |
Undisclosed: 0% – 50% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (2, $282M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Drz Emerging Markets, Lp | Hedge Fund | $280M | $5.0M | 8 |
| Drz Long Short, Lp | Hedge Fund | $1.9M | $1.0M | 16 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (10)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| National Elevator Industry Pension Plan | National Elevator Industry Pension Plan Plan Board Of Trustees | 28,678 | $12.2B | 07/01/2024 |
| Puget Sound Electrical Workers Pension Plan | Board Of Trustees, Puget Sound Electrical Workers Pension Trust | 4,745 | $1.3B | 06/01/2024 |
| I.U.O.E. Local 132 Pension Fund | I.U.O.E. Local 132 Pension Fund | 1,524 | $559M | 04/01/2024 |
| Jpmorgan Chase Retirement Plan | Jpmorgan Chase Bank, National Association | 78,270 | $16.1B | 01/01/2024 |
| Sutter Health Retirement Plan | Sutter Health | 40,026 | $6.2B | 01/01/2024 |
| District Council 82 Painting Industry Pension Plan | Trustees Of District Council 82 Painting Industry Pension Plan | 920 | $319M | 01/01/2024 |
| Pacific Gas And Electric Company Retirement Plan | Pacific Gas And Electric Company | 28,573 | $17.6B | 01/01/2024 |
| Roofers Pension Fund | Board Of Trustees Of Roofers Pension Fund | 2,046 | $530M | 01/01/2024 |
| The Southern Company Pension Plan | Southern Company Services, Inc. | 26,369 | $15.3B | 01/01/2024 |
| Twin City Carpenters And Joiners Pension Fund | Board Of Trustees Of The Twin City Carpenters And Joiners Pension Fund | 5,909 | $2.0B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/08/2026 | 1.42 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Other services
Custody
Reported custodians
- Northern Trust $2.1B (36% of AUM) May 2026
- State Street $1.4B (23% of AUM) May 2026
- BNY Mellon $860M (15% of AUM) May 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 08, 2026.
View current Form ADV (SEC/IAPD) ↗