Royce & Associates LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Royce & Associates LP reported 796 stock positions worth $9.2 billion. Its top holding was Sumisho Air Lease (AL) at 1.1% of the portfolio, followed by Sei Investments (SEIC, 1.1%) and Arcosa (ACA, 1.0%). Compared with Q4 2024, it opened 57 new positions, sold out of 90, added to 313 and reduced 330. The biggest buy was Franklin Covey (FC, shares +565%) and the biggest sale Ziff Davis (ZD, shares −66%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0000906304
- Portfolio Value
- $9.2B (Q1 2025)
- SEC Filing
- 0000906304-25-000113 ↗ filed May 6, 2025
Holdings Value
Holdings 796 stocks · $9.2B
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 1.08% | 2,068,218 | $99.9M | Reduce -15.8% |
| SEIC Sei Investments Company | 1.08% | 1,280,192 | $99.4M | Reduce -5.7% |
| ACA Arcosa Inc. | 1.05% | 1,254,088 | $96.7M | Add +1.2% |
| ENOV Enovis Corp. | 1.03% | 2,490,806 | $95.2M | Add +0.8% |
| AGO Assured Guaranty Ltd. | 0.96% | 1,000,760 | $88.2M | Add +1.1% |
| JBTM JBT Marel Corp. | 0.90% | 676,977 | $82.7M | Reduce -6.8% |
| UFPI Ufp Industries Inc. | 0.81% | 697,311 | $74.6M | Add +10.9% |
| HAE Haemonetics Corp. | 0.80% | 1,161,296 | $73.8M | Add +0.7% |
| ESAB Esab Corp. | 0.78% | 614,902 | $71.6M | Reduce -14.9% |
| IGIC International General Insura filed as INTL GNRL INSURANCE HLDNGS L | 0.75% | 2,636,063 | $69.4M | Add +10.1% |
| KWR Quaker Chemical Corporation | 0.74% | 550,044 | $68.0M | Reduce -0.9% |
| KW Kennedy-Wilson Holdings Inc. | 0.71% | 7,568,459 | $65.7M | Reduce -18.6% |
| CRUS Cirrus Logic Inc. | 0.70% | 649,267 | $64.7M | Add +0.3% |
| ESE Esco Technologies Inc. | 0.70% | 403,286 | $64.2M | Reduce -26.9% |
| MKSI MKS Inc. filed as MKS INSTRS INC | 0.69% | 793,244 | $63.6M | Add +7.3% |
| IOSP Innospec Inc. | 0.67% | 653,636 | $61.9M | Reduce -15.9% |
| MMI Marcus & Millichap Inc. | 0.66% | 1,757,891 | $60.6M | Reduce -20.0% |
| TGNA Tegna Inc. | 0.64% | 3,256,462 | $59.3M | Reduce -1.2% |
| DORM Dorman Products Inc. | 0.64% | 486,793 | $58.7M | Reduce -4.5% |
| FSV Firstservice Corp. | 0.63% | 352,849 | $58.6M | Reduce -11.4% |
| ASO Academy Sports & Outdoors Inc. | 0.63% | 1,273,158 | $58.1M | Add +8.4% |
| PAR Par Technology Corp. | 0.63% | 940,801 | $57.7M | Reduce -3.3% |
| ESI Element Solutions Inc. | 0.61% | 2,508,421 | $56.7M | Add +2.8% |
| AAP Advance Auto Parts Inc. | 0.60% | 1,405,217 | $55.1M | Add +0.2% |
| FORM Formfactor Inc. | 0.57% | 1,870,056 | $52.9M | Add +6.4% |
| MRX Marex UK Holdings Ltd. filed as MAREX GROUP PLC | 0.56% | 1,455,209 | $51.4M | Add +0.4% |
| TECH Bio-Techne Corp. | 0.55% | 870,185 | $51.0M | Add +1.1% |
| LCII Lci Industries | 0.55% | 581,590 | $50.8M | Add +6.4% |
| KAI Kadant Inc. | 0.54% | 149,185 | $50.3M | Reduce -27.4% |
| KD Kyndryl Holdings Inc. | 0.53% | 1,553,478 | $48.8M | Reduce -33.4% |
| NGVT Ingevity Corp. | 0.52% | 1,208,445 | $47.8M | Add +5.8% |
| VMI Valmont Industries | 0.51% | 165,932 | $47.4M | Reduce -6.8% |
| HCSG Healthcare Services Group | 0.51% | 4,684,038 | $47.2M | Add +0.3% |
| RBA RB Global Inc. | 0.51% | 465,742 | $46.7M | Reduce -11.7% |
| IPAR Interparfums Inc. | 0.51% | 409,968 | $46.7M | Reduce -23.9% |
| VNT Vontier Corp. | 0.50% | 1,417,787 | $46.6M | Add +5.2% |
| KFY Korn Ferry | 0.50% | 679,618 | $46.1M | Reduce -19.7% |
| NPO Enpro Inc. | 0.50% | 282,294 | $45.7M | Reduce -16.3% |
| FTAI Ftai Aviation Ltd. | 0.49% | 411,248 | $45.7M | Add +97.9% |
| CIGI Colliers Intl GR-Subord Vot | 0.49% | 374,020 | $45.4M | Reduce -10.5% |
| KLIC Kulicke & Soffa Industries | 0.48% | 1,351,392 | $44.6M | Add +16.0% |
| BRC Brady Corporation Class A | 0.48% | 623,734 | $44.1M | Add +2.8% |
| IMAX Imax Corp. | 0.48% | 1,665,508 | $43.9M | Reduce -6.0% |
| AGI Alamos Gold Inc. Class A | 0.47% | 1,632,279 | $43.6M | Reduce -29.9% |
| HCKT The Hackett Group Inc. | 0.47% | 1,488,783 | $43.5M | Reduce -0.5% |
| LFUS Littelfuse Inc. | 0.47% | 219,388 | $43.2M | Add +1.4% |
| BKU Bankunited Inc. | 0.47% | 1,250,997 | $43.1M | Add +8.8% |
| VVV Valvoline Inc. | 0.46% | 1,207,730 | $42.0M | Reduce -4.3% |
| APAM Artisan Partners Asset Ma -A | 0.45% | 1,066,936 | $41.7M | Add +3.0% |
| MORN Morningstar Inc. | 0.45% | 137,533 | $41.2M | Reduce -19.4% |
| IBP Installed Building Products | 0.45% | 240,409 | $41.2M | Add +48.3% |
| RBC RBC Bearings Inc. | 0.44% | 126,173 | $40.6M | Reduce -9.8% |
| MLI Mueller Industries Inc. | 0.44% | 532,155 | $40.5M | Reduce -14.6% |
| LNN Lindsay Corp. | 0.44% | 318,333 | $40.3M | Reduce -12.5% |
| PLPC Preformed Line Products Co. | 0.43% | 285,189 | $40.0M | Reduce -9.2% |
| LSTR Landstar System Inc. | 0.43% | 262,962 | $39.5M | Reduce -23.0% |
| GCMG GCM Grosvenor Inc. Class A | 0.42% | 2,953,365 | $39.1M | Reduce -11.9% |
| CPRX Catalyst Pharmaceuticals Inc. | 0.42% | 1,598,360 | $38.8M | Reduce -14.3% |
| SII Sprott Inc. | 0.41% | 853,557 | $38.2M | Reduce -2.9% |
| VSH Vishay Intertechnology Inc. | 0.40% | 2,346,786 | $37.3M | Reduce -5.5% |
| LAZ Lazard Inc. | 0.40% | 847,802 | $36.7M | Reduce -0.9% |
| RS Reliance Inc. | 0.39% | 125,591 | $36.3M | Reduce -10.0% |
| MSM MSC Industrial Direct Co. Class A | 0.39% | 465,019 | $36.1M | Add +9.6% |
| CGNX Cognex Corp. | 0.39% | 1,204,247 | $35.9M | Reduce -12.7% |
| MHO M/I Homes Inc. | 0.39% | 314,362 | $35.9M | Add +14.4% |
| TRNS Transcat Inc. | 0.39% | 478,581 | $35.6M | Add +1.1% |
| OBK Origin Bancorp Inc. | 0.36% | 958,140 | $33.2M | Reduce -1.9% |
| SMP Standard Motor Prods | 0.35% | 1,309,714 | $32.7M | Add +2.1% |
| LECO Lincoln Electric Holdings | 0.35% | 171,448 | $32.4M | Reduce -15.6% |
| ONEW Onewater Marine Inc. Class A | 0.35% | 2,000,586 | $32.4M | Add +7.9% |
| MLAB Mesa Laboratories Inc. | 0.35% | 271,118 | $32.2M | Reduce -5.6% |
| SPNS Sapiens International Corp. | 0.34% | 1,174,043 | $31.8M | Add +25.9% |
| BBSI Barrett Business SVCS Inc. | 0.34% | 772,590 | $31.8M | Reduce -4.9% |
| HOMB Home Bancshares Inc. | 0.34% | 1,123,775 | $31.8M | Add +0.5% |
| KBR KBR Inc. | 0.34% | 631,415 | $31.5M | Add +0.1% |
| BELFB Bel Fuse Inc. Class B | 0.34% | 417,601 | $31.3M | Reduce -3.8% |
| NVEC Nve Corp. | 0.34% | 489,820 | $31.2M | Add +0.3% |
| TKR Timken Co. | 0.32% | 416,964 | $30.0M | Add +4.8% |
| SLGN Silgan Holdings Inc. | 0.32% | 583,380 | $29.8M | Add +18.8% |
| SANM Sanmina Corp. | 0.32% | 390,975 | $29.8M | Reduce -5.8% |
| EBF Ennis Inc. | 0.32% | 1,468,000 | $29.5M | Reduce -1.2% |
| IESC Ies Holdings Inc. filed as IES HLDGS INC | 0.32% | 178,227 | $29.4M | Reduce -0.1% |
| RLI Rli Corp. | 0.32% | 364,760 | $29.3M | Add +59.2% |
| SBCF Seacoast Banking Corp. | 0.32% | 1,135,997 | $29.2M | Add +5.4% |
| SSD Simpson Manufacturing Co. Inc. | 0.32% | 185,486 | $29.1M | Reduce -10.3% |
| RNR Renaissancere Holdings Ltd. | 0.31% | 119,932 | $28.8M | Add +4.1% |
| FARO Faro Technologies Inc. | 0.31% | 1,053,329 | $28.8M | Reduce -21.5% |
| YETI Yeti Holdings Inc. filed as YETI HLDGS INC | 0.31% | 857,821 | $28.4M | Add +26.5% |
| VSTS Vestis Corp. | 0.31% | 2,842,936 | $28.1M | Add +196.2% |
| NVMI Nova Ltd. | 0.30% | 151,070 | $27.8M | Reduce -8.8% |
| DGII Digi International Inc. | 0.30% | 995,735 | $27.7M | Reduce -6.0% |
| MOV Movado Group Inc. | 0.30% | 1,628,031 | $27.2M | Add +10.3% |
| ATKR Atkore Inc. | 0.29% | 447,425 | $26.8M | Add +8.4% |
| IDT Idt Corp. Class B | 0.29% | 521,728 | $26.8M | Reduce -11.8% |
| IMKTA Ingles Markets Inc. Class A | 0.29% | 409,700 | $26.7M | Add +0.7% |
| ONTO Onto Innovation Inc. | 0.29% | 219,608 | $26.6M | Reduce -0.0% |
| AXS Axis Capital Holdings Ltd. | 0.29% | 264,617 | $26.5M | Reduce -31.8% |
| MLR Miller Industries Inc. | 0.29% | 625,575 | $26.5M | Reduce -3.0% |
| BC Brunswick Corp. | 0.28% | 488,004 | $26.3M | Reduce -5.6% |
| SENEA Seneca Foods Corp. Class A | 0.28% | 293,607 | $26.1M | Reduce -2.3% |
Portfolio Sells Q4 2024 → Q1 2025
| ZD Ziff Davis Inc. | Reduce -65.5% | 0.18% | −0.47 |
| SSTK Shutterstock Inc. | Sold out | 0.00% | −0.23 |
| ROG Rogers Corp. | Reduce -52.6% | 0.13% | −0.22 |
| KD Kyndryl Holdings Inc. | Reduce -33.4% | 0.53% | −0.22 |
| CCRN Cross Country Healthcare Inc. | Sold out | 0.00% | −0.20 |
| FORR Forrester Research Inc. | Reduce -26.3% | 0.18% | −0.18 |
| IPAR Interparfums Inc. | Reduce -23.9% | 0.51% | −0.15 |
| KW Kennedy-Wilson Holdings Inc. | Reduce -18.6% | 0.71% | −0.15 |
| CSW CSW Industrials Inc. | Sold out | 0.00% | −0.14 |
| TGI Triumph Group Inc. | Sold out | 0.00% | −0.14 |
| PRAA Pra Group Inc. | Sold out | 0.00% | −0.14 |
| MMI Marcus & Millichap Inc. | Reduce -20.0% | 0.66% | −0.12 |
| IOSP Innospec Inc. | Reduce -15.9% | 0.67% | −0.12 |
| MUSA Murphy USA Inc. | Reduce -87.6% | 0.02% | −0.12 |
| LSTR Landstar System Inc. | Reduce -23.0% | 0.43% | −0.12 |
| TW Tradeweb Markets Inc. Class A | Sold out | 0.00% | −0.12 |
| EVR Evercore Inc. Class A | Reduce -53.5% | 0.07% | −0.12 |
| NSSC Napco Security Technologies | Sold out | 0.00% | −0.12 |
| HEI Heico Corp. | Sold out | 0.00% | −0.11 |
| KAI Kadant Inc. | Reduce -27.4% | 0.54% | −0.11 |
| AGYS Agilysys Inc. | Reduce -8.9% | 0.16% | −0.11 |
| IVAC Intevac Inc. | Sold out | 0.00% | −0.11 |
| MATV Mativ Holdings Inc. | Sold out | 0.00% | −0.11 |
| AZTA Azenta Inc. | Reduce -15.2% | 0.24% | −0.11 |
| CTV Innovid Corp. | Sold out | 0.00% | −0.11 |
| MLR Miller Industries Inc. | Reduce -3.0% | 0.29% | −0.10 |
| UCTT Ultra Clean Holdings Inc. | Reduce -3.9% | 0.21% | −0.10 |
| USLM United States Lime & Mineral | Reduce -8.3% | 0.23% | −0.09 |
| GNTX Gentex Corp. | Sold out | 0.00% | −0.09 |
| SUM Summit Materials Inc. Class A | Sold out | 0.00% | −0.09 |
| PDCO Patterson Cos Inc. | Sold out | 0.00% | −0.09 |
| DIOD Diodes Inc. | Sold out | 0.00% | −0.09 |
| MGNI Magnite Inc. | Reduce -26.0% | 0.15% | −0.09 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.09 |
| ECPG Encore Capital Group Inc. | Reduce -88.7% | 0.01% | −0.09 |
| AIT Applied Industrial Tech Inc. | Reduce -40.2% | 0.17% | −0.09 |
| MORN Morningstar Inc. | Reduce -19.4% | 0.45% | −0.09 |
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −0.08 |
| SEI Solaris Energy Infrastructur | Reduce -31.8% | 0.12% | −0.08 |
| LPX Louisiana-Pacific Corp. | Sold out | 0.00% | −0.08 |
| SPB Spectrum Brands Holdings Inc. | Sold out | 0.00% | −0.08 |
| DNB Dun & Bradstreet Holdings Inc. | Reduce -37.3% | 0.08% | −0.07 |
| CGNX Cognex Corp. | Reduce -12.7% | 0.39% | −0.07 |
| HUBG Hub Group Inc. Class A | Reduce -23.4% | 0.20% | −0.07 |
| MTRN Materion Corp. | Sold out | 0.00% | −0.07 |
| NX Quanex Building Products | Reduce -49.0% | 0.06% | −0.07 |
| PRMB Primo Brands Corp. | Sold out | 0.00% | −0.07 |
| RMR RMR Group Inc./the - A | Reduce -76.8% | 0.02% | −0.07 |
| ACLS Axcelis Technologies Inc. | Reduce -15.7% | 0.15% | −0.06 |
| CARS Cars.com Inc. | Reduce -89.9% | 0.01% | −0.06 |
Portfolio Buys Q4 2024 → Q1 2025
| FC Franklin Covey Co. | Add +564.6% | 0.28% | +0.23 |
| IGIC International General Insura | Add +10.1% | 0.75% | +0.22 |
| FTAI Ftai Aviation Ltd. | Add +97.9% | 0.49% | +0.22 |
| WD Walker & Dunlop Inc. | Add +257.2% | 0.26% | +0.19 |
| IBP Installed Building Products | Add +48.3% | 0.45% | +0.18 |
| MCB Metropolitan Bank Holding Co. | Add +749.4% | 0.19% | +0.17 |
| VSTS Vestis Corp. | Add +196.2% | 0.31% | +0.17 |
| UFPI Ufp Industries Inc. | Add +10.9% | 0.81% | +0.15 |
| AAON Aaon Inc. | New | 0.15% | +0.15 |
| RLI Rli Corp. | Add +59.2% | 0.32% | +0.14 |
| LQDT Liquidity Services Inc. | Add +281.9% | 0.18% | +0.14 |
| MRX Marex UK Holdings Ltd. | Add +0.4% | 0.56% | +0.14 |
| AGO Assured Guaranty Ltd. | Add +1.1% | 0.96% | +0.13 |
| SPNS Sapiens International Corp. | Add +25.9% | 0.34% | +0.11 |
| CRUS Cirrus Logic Inc. | Add +0.3% | 0.70% | +0.10 |
| MSM MSC Industrial Direct Co. Class A | Add +9.6% | 0.39% | +0.10 |
| ADTN Adtran Holdings Inc. | Add +188.5% | 0.13% | +0.10 |
| NGVT Ingevity Corp. | Add +5.8% | 0.52% | +0.09 |
| SLGN Silgan Holdings Inc. | Add +18.8% | 0.32% | +0.09 |
| ACT Enact Holdings Inc. | New | 0.08% | +0.08 |
| MBIN Merchants Bancorp | Add +21.2% | 0.28% | +0.08 |
| ADMA Adma Biologics Inc. | Add +65.7% | 0.15% | +0.08 |
| AMSF Amerisafe Inc. | Add +29.6% | 0.23% | +0.08 |
| TWI Titan International Inc. | Add +1059.1% | 0.08% | +0.08 |
| ONT Onterris Inc. | Add +167.5% | 0.13% | +0.08 |
| SKWD Skyward Specialty Insurance | Add +95.3% | 0.13% | +0.08 |
| AMPH Amphastar Pharmaceuticals Inc. | Add +2684.3% | 0.08% | +0.07 |
| PRVA Privia Health Group Inc. | New | 0.07% | +0.07 |
| TITN Titan Machinery Inc. | Add +500.2% | 0.08% | +0.07 |
| COOP Mr Cooper Group Inc. | New | 0.07% | +0.07 |
| BANC Banc of California Inc. | Add +30.7% | 0.24% | +0.07 |
| YETI Yeti Holdings Inc. | Add +26.5% | 0.31% | +0.07 |
| KELYA Kelly Services Inc. Class A | New | 0.06% | +0.06 |
| BRC Brady Corporation Class A | Add +2.8% | 0.48% | +0.06 |
| SITM Sitime Corp. | Add +200.5% | 0.10% | +0.06 |
| TKR Timken Co. | Add +4.8% | 0.32% | +0.06 |
| OCFC Oceanfirst Financial Corp. | Add +34.3% | 0.19% | +0.06 |
| BKU Bankunited Inc. | Add +8.8% | 0.47% | +0.06 |
| CPRI Capri Holdings Ltd. | New | 0.06% | +0.06 |
| CMC Commercial Metals Co. | Add +17.7% | 0.27% | +0.06 |
| APEI American Public Education | New | 0.06% | +0.06 |
| GLOB Globant SA | New | 0.06% | +0.06 |
| GABC German American Bancorp | Add +35.5% | 0.17% | +0.06 |
| HALO Halozyme Therapeutics Inc. | Add +4.9% | 0.14% | +0.06 |
| SEE Sealed Air Corp. | Add +1194.8% | 0.06% | +0.05 |
| GOGO Gogo Inc. | Add +364.9% | 0.07% | +0.05 |
| LNTH Lantheus Holdings Inc. | Add +114.1% | 0.08% | +0.05 |
| ABX Abacus Global Management Inc. | Add +39.6% | 0.15% | +0.05 |
| NBN Northeast Bank | Add +87.3% | 0.10% | +0.05 |
| VCTR Victory Capital Holding - A | Add +26.9% | 0.22% | +0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 747 | $12.4B | ACA, KWR, MKSI, JBTM, DORM |
| Q1 2026 | 774 | $10.1B | ACA, KWR, JBTM, ESE, MKSI |
| Q4 2025 | 761 | $9.9B | ACA, KWR, JBTM, ESAB, MKSI |
| Q3 2025 | 762 | $10.0B | ACA, MKSI, JBTM, CRUS, ESAB |
| Q2 2025 | 782 | $9.7B | SEIC, ACA, HAE, MKSI, AL |
| Q1 2025 | 796 | $9.2B | AL, SEIC, ACA, ENOV, AGO |
| Q4 2024 | 829 | $10.8B | ACA, AL, SEIC, ENOV, KW |
| Q3 2024 | 863 | $11.0B | AL, ACA, ENOV, SEIC, KW |
| Q2 2024 | 868 | $10.7B | AL, ACA, ZD, MKSI, HAE |
| Q1 2024 | 872 | $11.2B | AL, ACA, MKSI, HAE, SEIC |