ROYCE & ASSOCIATES LP
Long book
$10.13B
Q1 2026
Positions
774
Top-10 weight
9%
concentration
Last quarter
+20.5%
SPY +14.8%
Turnover
13%
of book per quarter
Strategy in plain words
auto-generated from filingsROYCE & ASSOCIATES LP is an institutional manager, running a $10.13B US long book across 774 positions.
The portfolio is broadly diversified across 774 positions (top 10 only 9%). Turnover is modest: positions are typically held for years. Current anchor positions: ARCOSA INC, QUAKER CHEMICAL CORPORATION, JBT MAREL CORP, ESCO TECHNOLOGIES INC, MKS INC.
Over the last 9 quarters its long book ran on average 0.1pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-2.6%
Q2 2024
+6.0%
Q3 2024
+0.8%
Q4 2024
-10.3%
Q1 2025
+8.8%
Q2 2025
+9.2%
Q3 2025
+2.1%
Q4 2025
+5.3%
Q1 2026
+20.5%
Sector allocation
Industrials 26%
Technology 16%
Financials 15%
Other 10%
Services media 10%
Healthcare 8%
Consumer discretionary 6%
Energy 4%
Long book by quarter
What does ROYCE & own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| ACA ARCOSA INC | Industrials | 1.3M | $132.9M | 1.3% | +1.4% |
| KWR QUAKER CHEMICAL CORPORATION | Energy | 823.9K | $102.4M | 1.0% | +9.0% |
| JBTM JBT MAREL CORP | Industrials | 790.1K | $101.0M | 1.0% | +18.2% |
| ESE ESCO TECHNOLOGIES INC | Technology | 342.0K | $96.2M | 0.9% | -5.7% |
| MKSI MKS INC | Technology | 403.7K | $92.8M | 0.9% | -34.5% |
| AGO ASSURED GUARANTY LTD | Financials | 982.1K | $80.0M | 0.8% | -0.1% |
| ESAB ESAB CORP | Industrials | 813.6K | $78.6M | 0.8% | -9.4% |
| SEIC SEI INVESTMENTS COMPANY | Financials | 996.5K | $78.2M | 0.8% | +9.9% |
| IGIC INTERNATIONAL GENERAL INSURA | Financials | 3.2M | $78.1M | 0.8% | +2.3% |
| UFPI UFP INDUSTRIES INC | Other | 824.4K | $75.9M | 0.7% | +2.2% |
| LCII LCI INDUSTRIES | Industrials | 609.8K | $75.0M | 0.7% | -6.6% |
| IPAR INTERPARFUMS INC | Other | 823.0K | $74.8M | 0.7% | +20.5% |
| EXPO EXPONENT INC | Services media | 1.1M | $74.7M | 0.7% | +75.6% |
| LFUS LITTELFUSE INC | Industrials | 216.8K | $73.6M | 0.7% | -6.6% |
| CRUS CIRRUS LOGIC INC | Technology | 503.2K | $72.8M | 0.7% | -24.7% |
| IESC IES HOLDINGS INC | Industrials | 149.0K | $71.0M | 0.7% | -13.0% |
| KAI KADANT INC | Industrials | 237.9K | $69.6M | 0.7% | +16.1% |
| RBC RBC BEARINGS INC | Industrials | 123.9K | $67.3M | 0.7% | -6.9% |
| ESI ELEMENT SOLUTIONS INC | Other | 2.0M | $67.1M | 0.7% | -16.7% |
| ONTO ONTO INNOVATION INC | Other | 317.1K | $65.0M | 0.6% | -13.3% |
| AAP ADVANCE AUTO PARTS INC | Consumer discretionary | 1.2M | $64.6M | 0.6% | -17.2% |
| DORM DORMAN PRODUCTS INC | Industrials | 616.7K | $64.4M | 0.6% | +23.6% |
| FSV FIRSTSERVICE CORP | Real estate | 456.6K | $63.4M | 0.6% | +22.5% |
| NGVT INGEVITY CORP | Materials | 883.5K | $62.9M | 0.6% | -20.5% |
| COHU COHU INC | Technology | 2.0M | $62.1M | 0.6% | +5.7% |
| VVV VALVOLINE INC | Energy | 1.8M | $60.8M | 0.6% | +4.1% |
| NPO ENPRO INC | Other | 237.6K | $59.6M | 0.6% | -8.1% |
| ASO ACADEMY SPORTS & OUTDOORS IN | Consumer discretionary | 1.0M | $58.8M | 0.6% | -9.6% |
| SII SPROTT INC | Financials | 407.3K | $58.1M | 0.6% | -34.7% |
| MRX MAREX GROUP PLC | Financials | 1.3M | $55.8M | 0.6% | -0.6% |
| KFY KORN FERRY | Services media | 835.8K | $52.6M | 0.5% | +31.4% |
| BRC BRADY CORPORATION - CL A | Other | 640.7K | $52.0M | 0.5% | -13.5% |
| CPRX CATALYST PHARMACEUTICALS INC | Healthcare | 2.1M | $51.7M | 0.5% | +9.4% |
| CGNX COGNEX CORP | Technology | 1.0M | $50.4M | 0.5% | -2.6% |
| CECO CECO ENVIRONMENTAL CORP | Industrials | 827.8K | $49.3M | 0.5% | +11.8% |
| RLI RLI CORP | Financials | 864.4K | $49.3M | 0.5% | +47.4% |
| SSD SIMPSON MANUFACTURING CO INC | Industrials | 285.8K | $49.1M | 0.5% | -1.8% |
| RBA RB GLOBAL INC | Services media | 500.7K | $48.0M | 0.5% | +19.0% |
| IMAX IMAX CORP | Other | 1.2M | $47.4M | 0.5% | -1.4% |
| UCTT ULTRA CLEAN HOLDINGS INC | Technology | 759.5K | $47.2M | 0.5% | -30.9% |
| VMI VALMONT INDUSTRIES | Industrials | 118.0K | $47.1M | 0.5% | -24.3% |
| KN KNOWLES CORP | Industrials | 1.8M | $46.4M | 0.5% | -2.4% |
| AGI ALAMOS GOLD INC-CLASS A | Materials | 1.0M | $45.6M | 0.5% | -16.3% |
| CIGI COLLIERS INTL GR-SUBORD VOT | Real estate | 423.5K | $45.3M | 0.4% | +10.5% |
| VNT VONTIER CORP | Technology | 1.3M | $45.2M | 0.4% | +14.2% |
| MHO M/I HOMES INC | Industrials | 369.3K | $45.2M | 0.4% | +13.1% |
| TRNS TRANSCAT INC | Technology | 614.3K | $45.1M | 0.4% | +57.3% |
| ATMU ATMUS FILTRATION TECHNOLOGIE | Industrials | 777.7K | $44.2M | 0.4% | +16.5% |
| BC BRUNSWICK CORP | Industrials | 605.7K | $44.1M | 0.4% | +17.9% |
| DGII DIGI INTERNATIONAL INC | Technology | 910.5K | $43.9M | 0.4% | -1.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 774 | $10.13B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 9, 2026 | 761 | $9.86B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 762 | $10.03B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 11, 2025 | 782 | $9.74B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 6, 2025 | 796 | $9.23B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 829 | $10.78B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 6, 2024 | 863 | $11.00B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 868 | $10.70B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 872 | $11.20B | canonical | SEC ↗ |
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