ROYCE & ASSOCIATES LP's Q2 2025 13F is in
Form 13F-HR for the quarter ended Jun 30, 2025 · filed Aug 11, 2025 · 782 reported positions · accession 0000906304-25-000173
This filing covers a somewhat different set of reporting entities than the fund's prior filing, so a few of the changes below may reflect that rather than trading.
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | AIR LEASE CORP (AL) | 1.1% | 0.9% | −0.2 pts | −620K sh | −30% |
| Reduced | IDT CORP (IDT) | 0.3% | 0.0% | −0.2 pts | −451K sh | −86% |
| Reduced | KENNEDY-WILSON HOLDINGS INC (KW) | 0.7% | 0.2% | −0.5 pts | −4.47M sh | −59% |
| Exited | FARO TECHNOLOGIES INC (FARO) | 0.3% | — | −0.3 pts | −1.05M sh | −100% |
| Increased | EVERCORE INC (EVR) | 0.1% | 0.4% | +0.3 pts | +112K sh | +327% |
| Reduced | HEALTHCARE SVCS GROUP INC (HCSG) | 0.5% | 0.5% | 0.0 pts | −1.65M sh | −35% |
| Increased | INSTALLED BLDG PRODS INC (IBP) | 0.4% | 0.7% | +0.2 pts | +130K sh | +54% |
| Increased | INSPERITY INC (NSP) | 0.0% | 0.3% | +0.2 pts | +386K sh | +1458% |
| New | GRAPHIC PACKAGING HLDG CO (GPK) | — | 0.2% | +0.2 pts | +1.08M sh | new |
| Reduced | NLIGHT INC (LASR) | 0.3% | 0.4% | +0.1 pts | −1.12M sh | −37% |
| Increased | NOMAD FOODS LTD (NOMD) | 0.1% | 0.3% | +0.2 pts | +1.2M sh | +246% |
| Reduced | MAREX GROUP PLC (MRX) | 0.6% | 0.4% | −0.2 pts | −496K sh | −34% |
| Reduced | PREFORMED LINE PRODS CO (PLPC) | 0.4% | 0.3% | −0.2 pts | −113K sh | −40% |
| Increased | AAON INC (AAON) | 0.2% | 0.3% | +0.2 pts | +229K sh | +128% |
| Increased | INTERNATIONAL GAME TECHNOLOG (BRSL) | 0.0% | 0.2% | +0.2 pts | +1.04M sh | +725% |
| Reduced | VESTIS CORPORATION (VSTS) | 0.3% | 0.0% | −0.3 pts | −2.76M sh | −97% |
| Reduced | GARRETT MOTION INC (GTX) | 0.2% | 0.1% | −0.1 pts | −1.37M sh | −71% |
| Reduced | NOVA LTD (NVMI) | 0.3% | 0.3% | 0.0 pts | −50,802 sh | −34% |
| Reduced | UNITED STS LIME & MINERALS I (USLM) | 0.2% | 0.1% | −0.1 pts | −135K sh | −55% |
| Exited | FABRINET (FN) | 0.1% | — | −0.1 pts | −64,555 sh | −100% |
| Reduced | LEONARDO DRS INC (DRS) | 0.2% | 0.2% | 0.0 pts | −276K sh | −40% |
| Reduced | ZIFF DAVIS INC (ZD) | 0.2% | 0.0% | −0.2 pts | −419K sh | −95% |
| Reduced | NEXTRACKER INC (NXT) | 0.1% | 0.0% | −0.1 pts | −232K sh | −96% |
| Exited | ROGERS CORP (ROG) | 0.1% | — | −0.1 pts | −176K sh | −100% |
| Increased | CHARLES RIV LABS INTL INC (CRL) | 0.0% | 0.1% | +0.1 pts | +81,500 sh | +1969% |
| Increased | MKS INC. (MKSI) | 0.7% | 0.9% | +0.2 pts | +122K sh | +15% |
| Reduced | KORN FERRY (KFY) | 0.5% | 0.4% | −0.1 pts | −163K sh | −24% |
| Exited | TASKUS INC (TASK) | 0.1% | — | −0.1 pts | −790K sh | −100% |
| New | REPLIGEN CORP (RGEN) | — | 0.1% | +0.1 pts | +89,522 sh | new |
| Increased | KNOWLES CORP (KN) | 0.3% | 0.4% | +0.1 pts | +602K sh | +37% |
| Exited | LIONS GATE ENTMNT CORP (LGFA) | 0.1% | — | −0.1 pts | −1.12M sh | −100% |
| Increased | WALKER & DUNLOP INC (WD) | 0.3% | 0.3% | +0.1 pts | +149K sh | +53% |
| Increased | INTL GNRL INSURANCE HLDNGS L (IGIC) | 0.8% | 0.8% | 0.0 pts | +437K sh | +17% |
| Exited | WATTS WATER TECHNOLOGIES INC (WTS) | 0.1% | — | −0.1 pts | −46,400 sh | −100% |
| Reduced | KRATOS DEFENSE & SEC SOLUTIO (KTOS) | 0.2% | 0.3% | 0.0 pts | −215K sh | −28% |
| Reduced | CAMTEK LTD (CAMT) | 0.2% | 0.1% | 0.0 pts | −117K sh | −46% |
| Reduced | VANECK ETF TRUST (GDXJ) | 0.2% | 0.1% | −0.1 pts | −145K sh | −49% |
| Exited | MASTEC INC (MTZ) | 0.1% | — | −0.1 pts | −78,980 sh | −100% |
| Increased | VICTORY CAP HLDGS INC (VCTR) | 0.2% | 0.3% | +0.1 pts | +152K sh | +43% |
| New | METSERA INC (MTSR) | — | 0.1% | +0.1 pts | +331K sh | new |
| Reduced | ATI INC (ATI) | 0.2% | 0.1% | 0.0 pts | −109K sh | −40% |
| Increased | FTAI INFRASTRUCTURE INC (FIP) | 0.0% | 0.1% | +0.1 pts | +1.52M sh | +857% |
| New | DOUGLAS DYNAMICS INC (PLOW) | — | 0.1% | +0.1 pts | +317K sh | new |
| Reduced | SPROTT INC (SII) | 0.4% | 0.5% | +0.1 pts | −135K sh | −16% |
| Reduced | FTAI AVIATION LTD (FTAI) | 0.5% | 0.4% | −0.1 pts | −80,889 sh | −20% |
| Reduced | WHITE MTNS INS GROUP LTD (WTM) | 0.2% | 0.1% | −0.1 pts | −4,985 sh | −43% |
| Increased | ESTABLISHMENT LABS HLDGS INC (ESTA) | 0.1% | 0.2% | +0.1 pts | +208K sh | +108% |
| Increased | UFP INDUSTRIES INC (UFPI) | 0.8% | 0.8% | 0.0 pts | +88,811 sh | +13% |
| Reduced | IMAX CORP (IMAX) | 0.5% | 0.4% | −0.1 pts | −315K sh | −19% |
| Reduced | GCM GROSVENOR INC (GCMG) | 0.4% | 0.3% | −0.2 pts | −759K sh | −26% |
The 50 largest of 767 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- MARKETWISE INC (MKTW): 57064P107 → 57064P206, 500K → 25,000 shares (share count changed with the identifier; not shown as a trade)
- FORWARD AIR CORP (FWRD): 349853101 → 34986A104, 72,040 → 65,014 shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 9.1% of the equity book
Changes in the top 10 this quarter: MKSI entered · IGIC left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | SEI INVTS CO (SEIC) | 1.1% | 1.1% | |
| 2 | ARCOSA INC (ACA) | 1.0% | 1.1% | |
| 3 | HAEMONETICS CORP MASS (HAE) | 0.8% | 1.0% | |
| 4 | MKS INC. (MKSI) | 0.7% | 0.9% | Entered the top 10 |
| 5 | AIR LEASE CORP (AL) | 1.1% | 0.9% | |
| 6 | ASSURED GUARANTY LTD (AGO) | 1.0% | 0.9% | |
| 7 | JBT MAREL CORPORATION (JBT) | 0.9% | 0.9% | |
| 8 | UFP INDUSTRIES INC (UFPI) | 0.8% | 0.8% | |
| 9 | ENOVIS CORPORATION (ENOV) | 1.0% | 0.8% | |
| 10 | ESAB CORPORATION (ESAB) | 0.8% | 0.8% | |
| — | INTL GNRL INSURANCE HLDNGS L (IGIC) | 0.8% | 0.8% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).