Royce & Associates LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 9, 2026), Royce & Associates LP reported 761 stock positions worth $9.9 billion. Its top holding was Arcosa (ACA) at 1.3% of the portfolio, followed by Quaker Chemical (KWR, 1.1%) and JBT Marel (JBTM, 1.0%). Compared with Q3 2025, it opened 62 new positions, sold out of 64, added to 274 and reduced 363. The biggest buy was a new position in J & J Snack Foods (JJSF) and the biggest sale Sterling Infrastructure (STRL, shares −73%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0000906304
- Portfolio Value
- $9.9B (Q4 2025)
- SEC Filing
- 0000906304-26-000037 ↗ filed Feb 9, 2026
Holdings Value
Holdings 761 stocks · $9.9B
| ACA Arcosa Inc. | 1.33% | 1,234,455 | $131.2M | Reduce -2.6% |
| KWR Quaker Chemical Corporation | 1.05% | 755,740 | $103.8M | Add +19.2% |
| JBTM JBT Marel Corp. | 1.02% | 668,588 | $100.7M | Add +4.4% |
| ESAB Esab Corp. | 1.02% | 898,009 | $100.3M | Add +14.3% |
| MKSI MKS Inc. | 1.00% | 616,605 | $98.5M | Reduce -25.4% |
| AGO Assured Guaranty Ltd. | 0.90% | 983,385 | $88.4M | Reduce -5.1% |
| LCII Lci Industries | 0.80% | 653,056 | $79.2M | Reduce -2.8% |
| CRUS Cirrus Logic Inc. | 0.80% | 668,334 | $79.2M | Reduce -6.4% |
| IGIC International General Insura filed as INTL GNRL INSURANCE HLDNGS L | 0.80% | 3,151,198 | $79.1M | Reduce -0.7% |
| SEIC Sei Investments Company | 0.75% | 906,339 | $74.3M | Add +0.3% |
| UFPI Ufp Industries Inc. | 0.74% | 806,395 | $73.4M | Add +5.0% |
| ESE Esco Technologies Inc. | 0.72% | 362,706 | $70.9M | Reduce -0.2% |
| IESC Ies Holdings Inc. filed as IES HLDGS INC | 0.68% | 171,343 | $66.7M | Reduce -2.9% |
| NGVT Ingevity Corp. | 0.67% | 1,111,158 | $65.8M | Add +7.7% |
| FORM Formfactor Inc. | 0.65% | 1,157,891 | $64.6M | Reduce -21.2% |
| VMI Valmont Industries | 0.64% | 155,893 | $62.7M | Reduce -9.1% |
| DORM Dorman Products Inc. | 0.62% | 498,959 | $61.5M | Add +0.3% |
| SII Sprott Inc. | 0.62% | 623,344 | $61.1M | Reduce -6.1% |
| RBC RBC Bearings Inc. | 0.61% | 133,126 | $59.7M | Add +0.6% |
| ESI Element Solutions Inc. | 0.60% | 2,358,076 | $58.9M | Reduce -11.8% |
| LFUS Littelfuse Inc. | 0.60% | 232,259 | $58.7M | Reduce -4.1% |
| KAI Kadant Inc. | 0.59% | 204,937 | $58.4M | Add +30.8% |
| AAP Advance Auto Parts Inc. | 0.59% | 1,478,633 | $58.1M | Add +30.5% |
| BRC Brady Corporation Class A | 0.59% | 740,635 | $58.0M | Add +9.8% |
| FSV Firstservice Corp. | 0.59% | 372,861 | $58.0M | Add +3.5% |
| IPAR Interparfums Inc. | 0.59% | 683,201 | $58.0M | Add +42.0% |
| ONTO Onto Innovation Inc. | 0.59% | 365,735 | $57.7M | Add +18.9% |
| ASO Academy Sports & Outdoors Inc. | 0.58% | 1,151,937 | $57.6M | Reduce -13.3% |
| CIGI Colliers Intl GR-Subord Vot | 0.57% | 383,228 | $56.3M | Add +0.6% |
| NPO Enpro Inc. | 0.56% | 258,577 | $55.4M | Add +7.5% |
| HCKT The Hackett Group Inc. | 0.53% | 2,642,287 | $51.9M | Add +2.4% |
| KD Kyndryl Holdings Inc. | 0.52% | 1,917,036 | $50.9M | Add +10.8% |
| VVV Valvoline Inc. | 0.51% | 1,733,739 | $50.4M | Add +33.1% |
| BKU Bankunited Inc. | 0.49% | 1,089,238 | $48.5M | Reduce -12.8% |
| MRX Marex UK Holdings Ltd. filed as MAREX GROUP PLC | 0.49% | 1,260,709 | $48.4M | Reduce -11.2% |
| AGI Alamos Gold Inc. Class A | 0.48% | 1,224,091 | $47.3M | Reduce -3.9% |
| SSD Simpson Manufacturing Co. Inc. | 0.48% | 291,046 | $47.0M | Add +11.7% |
| IMAX Imax Corp. | 0.47% | 1,264,397 | $46.7M | Reduce -4.6% |
| EXPO Exponent Inc. | 0.46% | 652,109 | $45.3M | Add +73.8% |
| COHU Cohu Inc. | 0.45% | 1,918,424 | $44.6M | Add +0.4% |
| CPRX Catalyst Pharmaceuticals Inc. | 0.45% | 1,910,767 | $44.6M | Reduce -6.1% |
| CECO Ceco Environmental Corp. | 0.45% | 740,687 | $44.3M | Reduce -10.2% |
| HCSG Healthcare Services Group | 0.44% | 2,292,895 | $43.8M | Reduce -20.0% |
| LAZ Lazard Inc. | 0.44% | 896,328 | $43.5M | Add +6.1% |
| KBR KBR Inc. | 0.44% | 1,080,201 | $43.4M | Add +2.3% |
| RBA RB Global Inc. | 0.44% | 420,705 | $43.3M | Reduce -5.4% |
| KLIC Kulicke & Soffa Industries | 0.43% | 941,022 | $42.9M | Reduce -16.2% |
| APAM Artisan Partners Asset Ma -A | 0.43% | 1,031,344 | $42.0M | Reduce -5.7% |
| KFY Korn Ferry | 0.43% | 635,858 | $42.0M | Reduce -3.9% |
| MHO M/I Homes Inc. | 0.42% | 326,606 | $41.8M | Add +5.3% |
| VNT Vontier Corp. | 0.42% | 1,115,777 | $41.5M | Reduce -7.2% |
| LECO Lincoln Electric Holdings | 0.42% | 171,034 | $41.0M | Add +1.0% |
| LSTR Landstar System Inc. | 0.41% | 284,558 | $40.9M | Add +23.3% |
| SMP Standard Motor Prods | 0.41% | 1,101,199 | $40.6M | Add +3.5% |
| FTAI Ftai Aviation Ltd. | 0.41% | 205,922 | $40.5M | Reduce -27.3% |
| DGII Digi International Inc. | 0.41% | 926,699 | $40.1M | Reduce -5.6% |
| IBP Installed Building Products | 0.41% | 154,000 | $39.9M | Reduce -41.3% |
| TECH Bio-Techne Corp. | 0.40% | 678,502 | $39.9M | Add +2.8% |
| KN Knowles Corp. | 0.40% | 1,851,215 | $39.7M | Reduce -14.7% |
| RS Reliance Inc. | 0.40% | 134,979 | $39.0M | Add +0.4% |
| BC Brunswick Corp. | 0.39% | 513,978 | $38.2M | Add +29.1% |
| CGNX Cognex Corp. | 0.39% | 1,057,659 | $38.1M | Add +1.0% |
| RLI Rli Corp. | 0.38% | 586,402 | $37.5M | Add +18.4% |
| MLI Mueller Industries Inc. | 0.37% | 315,324 | $36.2M | Reduce -25.7% |
| VCTR Victory Capital Holding - A | 0.36% | 570,523 | $36.0M | Add +0.8% |
| AAON Aaon Inc. | 0.36% | 467,496 | $35.6M | Add +9.6% |
| MSM MSC Industrial Direct Co. Class A | 0.36% | 420,750 | $35.4M | Add +8.0% |
| LASR Nlight Inc. | 0.35% | 924,383 | $34.7M | Reduce -30.4% |
| ATMU Atmus Filtration Technologie | 0.35% | 667,812 | $34.7M | Add +2.7% |
| PAR Par Technology Corp. | 0.34% | 937,255 | $34.0M | Reduce -3.6% |
| OBK Origin Bancorp Inc. | 0.34% | 898,938 | $33.8M | Reduce -5.4% |
| CBZ Cbiz Inc. | 0.34% | 659,140 | $33.3M | Add +389.3% |
| WD Walker & Dunlop Inc. | 0.33% | 545,558 | $32.8M | Add +12.2% |
| EVR Evercore Inc. Class A | 0.33% | 95,948 | $32.6M | Reduce -22.2% |
| WDFC WD-40 Co. | 0.33% | 165,187 | $32.5M | Add +739.8% |
| SBCF Seacoast Banking Corp. | 0.32% | 1,011,225 | $31.8M | Reduce -18.6% |
| NWPX NWPX Infrastructure Inc. | 0.32% | 507,306 | $31.7M | Reduce -5.6% |
| BBSI Barrett Business SVCS Inc. | 0.32% | 870,863 | $31.5M | Add +31.6% |
| AMRC Ameresco Inc. Class A | 0.32% | 1,066,792 | $31.2M | Add +10.7% |
| CMC Commercial Metals Co. | 0.32% | 449,932 | $31.1M | Reduce -8.5% |
| NOMD Nomad Foods Ltd. | 0.32% | 2,484,858 | $31.1M | Add +1.4% |
| MORN Morningstar Inc. | 0.32% | 143,011 | $31.1M | Add +2.6% |
| LNN Lindsay Corp. | 0.31% | 261,527 | $30.8M | Reduce -12.2% |
| NSP Insperity Inc. | 0.31% | 792,834 | $30.7M | Add +50.2% |
| SLGN Silgan Holdings Inc. | 0.31% | 755,611 | $30.5M | Add +6.6% |
| HIFS Hingham Institution for SVGS | 0.31% | 107,030 | $30.4M | Reduce -5.1% |
| GHM Graham Corp. | 0.31% | 472,207 | $30.3M | Add +2.7% |
| JJSF J & J Snack Foods Corp. | 0.30% | 327,501 | $29.6M | New |
| TMDX Transmedics Group Inc. | 0.30% | 243,149 | $29.6M | No change |
| PI Impinj Inc. | 0.30% | 167,882 | $29.2M | Reduce -1.1% |
| PACS Pacs Group Inc. | 0.29% | 746,234 | $28.6M | Reduce -59.9% |
| ATRO Astronics Corp. | 0.29% | 520,597 | $28.2M | Reduce -13.9% |
| VC Visteon Corp. | 0.29% | 295,611 | $28.1M | Add +11.7% |
| HOMB Home Bancshares Inc. | 0.28% | 1,008,765 | $28.0M | Reduce -9.4% |
| TKR Timken Co. | 0.28% | 331,004 | $27.8M | Reduce -15.7% |
| UCTT Ultra Clean Holdings Inc. | 0.28% | 1,098,693 | $27.8M | Reduce -0.8% |
| APG Api Group Corp. | 0.28% | 726,829 | $27.8M | No change |
| TGNA Tegna Inc. | 0.28% | 1,432,316 | $27.8M | Add +0.5% |
| DFIN Donnelley Financial Solution | 0.28% | 590,136 | $27.6M | Add +36.0% |
| MBIN Merchants Bancorp | 0.28% | 808,314 | $27.5M | Reduce -6.2% |
Portfolio Sells Q3 2025 → Q4 2025
| STRL Sterling Infrastructure Inc. | Reduce -72.9% | 0.10% | −0.30 |
| HAE Haemonetics Corp. | Reduce -89.8% | 0.06% | −0.28 |
| MMI Marcus & Millichap Inc. | Reduce -56.3% | 0.19% | −0.27 |
| KTOS Kratos Defense & Security | Reduce -65.9% | 0.10% | −0.24 |
| IBP Installed Building Products | Reduce -41.3% | 0.41% | −0.24 |
| SANM Sanmina Corp. | Reduce -70.6% | 0.12% | −0.19 |
| COHR Coherent Corp. | Reduce -79.7% | 0.10% | −0.18 |
| IWN iShares Russell 2000 Value E | Reduce -82.8% | 0.04% | −0.18 |
| BBWI Bath & Body Works Inc. | Reduce -50.3% | 0.12% | −0.18 |
| TPH Tri Pointe Homes Inc. | Reduce -89.9% | 0.02% | −0.16 |
| MOD Modine Manufacturing Co. | Reduce -33.0% | 0.26% | −0.15 |
| IOSP Innospec Inc. | Reduce -38.0% | 0.24% | −0.14 |
| JBI Janus International Group Inc. | Reduce -43.0% | 0.09% | −0.14 |
| CRL Charles River Laboratories | Sold out | 0.00% | −0.13 |
| BELFB Bel Fuse Inc. Class B | Reduce -54.0% | 0.16% | −0.12 |
| MRC MRC Global Inc. | Sold out | 0.00% | −0.12 |
| ONEW Onewater Marine Inc. Class A | Reduce -34.8% | 0.10% | −0.12 |
| TRN Trinity Industries Inc. | Sold out | 0.00% | −0.11 |
| AXS Axis Capital Holdings Ltd. | Reduce -75.3% | 0.04% | −0.11 |
| MCB Metropolitan Bank Holding Co. | Reduce -84.5% | 0.02% | −0.11 |
| LNN Lindsay Corp. | Reduce -12.2% | 0.31% | −0.10 |
| WNC Wabash National Corp. | Reduce -84.1% | 0.02% | −0.10 |
| KN Knowles Corp. | Reduce -14.7% | 0.40% | −0.10 |
| FFWM First Foundation Inc. | Sold out | 0.00% | −0.10 |
| AZTA Azenta Inc. | Sold out | 0.00% | −0.10 |
| SEE Sealed Air Corp. | Reduce -81.6% | 0.03% | −0.10 |
| NEU Newmarket Corp. | Sold out | 0.00% | −0.10 |
| KRMN Karman Holdings Inc. | Reduce -82.8% | 0.02% | −0.09 |
| CRUS Cirrus Logic Inc. | Reduce -6.4% | 0.80% | −0.09 |
| BZH Beazer Homes USA Inc. | Sold out | 0.00% | −0.09 |
| FC Franklin Covey Co. | Reduce -46.4% | 0.08% | −0.09 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Sold out | 0.00% | −0.09 |
| PRO Pros Holdings Inc. | Sold out | 0.00% | −0.09 |
| EVR Evercore Inc. Class A | Reduce -22.2% | 0.33% | −0.08 |
| PWP Perella Weinberg Partners | Reduce -19.8% | 0.16% | −0.08 |
| VNT Vontier Corp. | Reduce -7.2% | 0.42% | −0.08 |
| CBT Cabot Corp. | Sold out | 0.00% | −0.08 |
| CORT Corcept Therapeutics Inc. | Reduce -1.2% | 0.06% | −0.08 |
| ASO Academy Sports & Outdoors Inc. | Reduce -13.3% | 0.58% | −0.08 |
| KELYA Kelly Services Inc. Class A | Sold out | 0.00% | −0.08 |
| MOG.A Moog Inc. Class A | Sold out | 0.00% | −0.08 |
| VSEC Vse Corp. | Reduce -29.4% | 0.22% | −0.07 |
| STKL Sunopta Inc. | Sold out | 0.00% | −0.07 |
| PENG Penguin Solutions Inc. | Reduce -9.0% | 0.16% | −0.07 |
| ESI Element Solutions Inc. | Reduce -11.8% | 0.60% | −0.07 |
| VMEO Vimeo Inc. | Sold out | 0.00% | −0.07 |
| AL Sumisho Air Lease Corp. | Reduce -32.8% | 0.16% | −0.07 |
| WAL Western Alliance Bancorp | Sold out | 0.00% | −0.07 |
| LAKE Lakeland Industries Inc. | Reduce -2.4% | 0.10% | −0.07 |
| HWKN Hawkins Inc. | Reduce -21.6% | 0.11% | −0.07 |
Portfolio Buys Q3 2025 → Q4 2025
| JJSF J & J Snack Foods Corp. | New | 0.30% | +0.30 |
| WDFC WD-40 Co. | Add +739.8% | 0.33% | +0.29 |
| CBZ Cbiz Inc. | Add +389.3% | 0.34% | +0.27 |
| KWR Quaker Chemical Corporation | Add +19.2% | 1.05% | +0.22 |
| SAIA Saia Inc. | Add +517.4% | 0.24% | +0.20 |
| ANDG Andersen Group Inc. Class A | New | 0.20% | +0.20 |
| EXPO Exponent Inc. | Add +73.8% | 0.46% | +0.20 |
| ONTO Onto Innovation Inc. | Add +18.9% | 0.59% | +0.19 |
| ESTA Establishment Labs Holdings | Add +24.2% | 0.27% | +0.15 |
| EEFT Euronet Worldwide Inc. | Add +2354.0% | 0.15% | +0.15 |
| ESAB Esab Corp. | Add +14.3% | 1.02% | +0.14 |
| LGN Legence Corp. Class A | Add +955.5% | 0.15% | +0.14 |
| BC Brunswick Corp. | Add +29.1% | 0.39% | +0.14 |
| LSTR Landstar System Inc. | Add +23.3% | 0.41% | +0.13 |
| KAI Kadant Inc. | Add +30.8% | 0.59% | +0.13 |
| JBTM JBT Marel Corp. | Add +4.4% | 1.02% | +0.12 |
| THRM Gentherm Inc. | New | 0.12% | +0.12 |
| CBLL Ceribell Inc. | New | 0.12% | +0.12 |
| IPAR Interparfums Inc. | Add +42.0% | 0.59% | +0.12 |
| EPAM Epam Systems Inc. | New | 0.11% | +0.11 |
| TTMI TTM Technologies | Add +103.5% | 0.19% | +0.11 |
| AXSM Axsome Therapeutics Inc. | Add +67.8% | 0.17% | +0.11 |
| ANF Abercrombie & Fitch Co. Class A | New | 0.10% | +0.10 |
| ICHR Ichor Holdings Ltd. | Add +48.5% | 0.27% | +0.10 |
| SPSM SS SPDR P S&P 600 Small Cap | New | 0.10% | +0.10 |
| NGVT Ingevity Corp. | Add +7.7% | 0.67% | +0.10 |
| MATX Matson Inc. | Add +59.3% | 0.19% | +0.10 |
| MMS Maximus Inc. | New | 0.10% | +0.10 |
| INVA Innoviva Inc. | Add +81.9% | 0.19% | +0.09 |
| ADMA Adma Biologics Inc. | Add +32.4% | 0.23% | +0.09 |
| RBC RBC Bearings Inc. | Add +0.6% | 0.61% | +0.09 |
| DNOW Dnow Inc. | Add +111.3% | 0.19% | +0.09 |
| LMB Limbach Holdings Inc. | Add +83.7% | 0.27% | +0.09 |
| LOB Live Oak Bancshares Inc. | New | 0.09% | +0.09 |
| HUBG Hub Group Inc. Class A | Add +27.3% | 0.23% | +0.09 |
| RHI Robert Half Inc. | Add +2657.4% | 0.09% | +0.08 |
| RH RH | New | 0.08% | +0.08 |
| TNDM Tandem Diabetes Care Inc. | Add +27.5% | 0.14% | +0.08 |
| HRMY Harmony Biosciences Holdings | Add +240.3% | 0.11% | +0.08 |
| MIAX Miami International Holdings | New | 0.08% | +0.08 |
| BBT Beacon Financial Corp. | Add +2252.5% | 0.08% | +0.08 |
| CENX Century Aluminum Company | Add +111.7% | 0.12% | +0.08 |
| SUPN Supernus Pharmaceuticals Inc. | Add +385.1% | 0.10% | +0.08 |
| KINS Kingstone Cos Inc. | New | 0.08% | +0.08 |
| ALM Almonty Industries Inc. | New | 0.07% | +0.07 |
| ESPR Esperion Therapeutics Inc. | Add +57.0% | 0.14% | +0.07 |
| IDT Idt Corp. Class B | Add +474.9% | 0.09% | +0.07 |
| RGLD Royal Gold Inc. | Add +501.9% | 0.09% | +0.07 |
| TTI Tetra Technologies Inc. | Add +2.7% | 0.18% | +0.07 |
| ACVA Acv Auctions Inc. Class A | Add +141.7% | 0.14% | +0.07 |
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 |