ROYCE & ASSOCIATES LP

New York, NY · CIK 906304 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 1971 · limited partnership

Assets managed$12.4bn
Staff89 · 30 in investment roles
Main clients (by assets)Mutual funds and ETFs 85%, Private funds 13%, Individuals 1%
Private funds1 · $25.0m gross assets
Websiteroyceinvest.com
Form ADV · 2026-02-02SEC adviser record

Legal entityROYCE & ASSOCIATES, LP (US)
Part of Franklin Templeton, Inc. (US)

Other 13F filers in this group: FRANKLIN RESOURCES INC $461.9bn, CLEARBRIDGE INVESTMENT MANAGEMENT LTD files a notice, FRANKLIN ADVISERS INC files a notice, FRANKLIN ADVISORY SERVICES LLC files a notice, FRANKLIN MUTUAL ADVISERS LLC files a notice, FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LTD files a notice, Franklin Templeton International Services S.a r.l files a notice, PUTNAM ADVISORY CO LLC files a notice, PUTNAM INVESTMENT MANAGEMENT LLC files a notice, TEMPLETON ASSET MANAGEMENT LTD files a notice

3 more

TEMPLETON GLOBAL ADVISORS LTD files a notice, TEMPLETON INVESTMENT COUNSEL LLC files a notice, Western Asset Management Company, LLC last filed Q3 2025

$12.4bn reported value +22.6% vs Q1 2026

747positions

9.1%in top 10

74 new 362 added 231 reduced 101 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ARCOSA INC COM ACA	ACA	993,710	$144.4m1.16%	1.16%	Reduced -258.6k	-258,600 -20.6%
2	QUAKER HOUGHTON COM KWR	KWR	860,494	$136.7m1.10%	1.10%	Added +36.6k	+36,591 4.4%
3	MKS INC. COM MKSI	MKSI	261,567	$116.3m0.94%	0.94%	Reduced -142.1k	-142,103 -35.2%
4	JOHN BEAN TECHNOLOGIES CORP COM JBTM	JBTM	788,167	$114.3m0.92%	0.92%	Reduced -1.9k	-1,887 -0.2%
5	DORMAN PRODS INC COM DORM	DORM	824,216	$112.5m0.91%	0.91%	Added +207.6k	+207,560 33.7%
6	IES HOLDINGS INC COM IESC	IESC	149,029	$109.5m0.88%	0.88%	Unchanged
7	ONTO INNOVATION INC COM ONTO	ONTO	286,087	$108.3m0.87%	0.87%	Reduced -31.0k	-31,022 -9.8%
8	INTERPARFUMS INC COM IPAR	IPAR	864,092	$96.7m0.78%	0.78%	Added +41.1k	+41,132 5.0%
9	ULTRA CLEAN HLDGS INC COM UCTT	UCTT	666,496	$95.0m0.77%	0.77%	Reduced -93.0k	-93,001 -12.2%
10	ELEMENT SOLUTIONS INC COM ESI	ESI	1,931,621	$92.2m0.74%	0.74%	Reduced -33.3k	-33,265 -1.7%
11	SEI INVTS CO COM SEIC	SEIC	1,050,287	$92.1m0.74%	0.74%	Added +53.8k	+53,831 5.4%
12	ESCO TECHNOLOGIES INC COM ESE	ESE	262,164	$91.8m0.74%	0.74%	Reduced -79.8k	-79,824 -23.3%
13	INTL GNRL INSURANCE HLDNGS L SHS IGIC	IGIC	3,287,730	$86.0m0.69%	0.69%	Added +62.8k	+62,751 1.9%
14	ESAB CORPORATION COM ESAB	ESAB	865,826	$85.4m0.69%	0.69%	Added +52.2k	+52,241 6.4%
15	ASSURED GUARANTY LTD COM AGO	AGO	1,060,397	$84.9m0.68%	0.68%	Added +78.2k	+78,250 8.0%
16	KADANT INC COM KAI	KAI	265,709	$83.5m0.67%	0.67%	Added +27.8k	+27,763 11.7%
17	ADVANCE AUTO PARTS INC COM AAP	AAP	1,330,783	$82.8m0.67%	0.67%	Added +106.9k	+106,881 8.7%
18	ENPRO INC COM NPO	NPO	213,392	$80.4m0.65%	0.65%	Reduced -24.2k	-24,248 -10.2%
19	EXPONENT INC COM EXPO	EXPO	1,323,097	$77.7m0.63%	0.63%	Added +178.2k	+178,224 15.6%
20	CECO ENVIRONMENTAL CORP COM CECO	CECO	842,317	$76.4m0.62%	0.62%	Added +14.5k	+14,536 1.8%
21	VALVOLINE INC COM VVV	VVV	1,913,257	$75.7m0.61%	0.61%	Added +108.5k	+108,463 6.0%
22	UFP INDUSTRIES INC COM UFPI	UFPI	823,589	$74.7m0.60%	0.60%	Reduced -797	-797 -0.1%
23	RBC BEARINGS INC COM RBC	RBC	113,697	$73.2m0.59%	0.59%	Reduced -10.2k	-10,223 -8.2%
24	INGEVITY CORP COM NGVT	NGVT	940,417	$70.2m0.57%	0.57%	Added +56.9k	+56,890 6.4%
25	COHU INC COM COHU	COHU	938,030	$69.3m0.56%	0.56%	Reduced -1.1m	-1,089,687 -53.7%
26	LCI INDS COM LCII	LCII	648,826	$68.7m0.55%	0.55%	Added +39.1k	+39,057 6.4%
27	ICHOR HOLDINGS SHS ICHR	ICHR	608,109	$68.3m0.55%	0.55%	Reduced -241.2k	-241,227 -28.4%
28	MAREX GROUP PLC ORD 96665EUR	96665EUR	1,111,339	$67.7m0.55%	0.55%	Reduced -141.5k	-141,451 -11.3%
29	RLI CORP COM RLI	RLI	1,134,387	$67.0m0.54%	0.54%	Added +270.0k	+269,986 31.2%
30	FIRSTSERVICE CORP NEW COM FSV	FSV	466,428	$66.3m0.53%	0.53%	Added +9.8k	+9,786 2.1%
31	COGNEX CORP COM CGNX	CGNX	878,490	$63.6m0.51%	0.51%	Reduced -151.3k	-151,273 -14.7%
32	DIGI INTL INC COM DGII	DGII	846,443	$63.4m0.51%	0.51%	Reduced -64.0k	-64,047 -7.0%
33	VALMONT INDS INC COM VMI	VMI	109,656	$63.3m0.51%	0.51%	Reduced -8.3k	-8,343 -7.1%
34	LITTELFUSE INC COM LFUS	LFUS	135,040	$61.5m0.50%	0.50%	Reduced -81.8k	-81,785 -37.7%
35	CIRRUS LOGIC INC COM CRUS	CRUS	403,894	$60.0m0.48%	0.48%	Reduced -99.3k	-99,262 -19.7%
36	MSA SAFETY INC COM MSA	MSA	337,968	$59.0m0.48%	0.48%	Added +221.6k	+221,572 190.4%
37	SIMPSON MFG INC COM SSD	SSD	277,357	$58.1m0.47%	0.47%	Reduced -8.4k	-8,450 -3.0%
38	RB GLOBAL INC COM RBA	RBA	487,508	$56.8m0.46%	0.46%	Reduced -13.2k	-13,151 -2.6%
39	BIO-TECHNE CORP COM TECH	TECH	789,745	$55.8m0.45%	0.45%	Added +30.0k	+30,033 4.0%
40	GRAHAM CORP COM GHM	GHM	446,392	$55.3m0.44%	0.44%	Reduced -2.4k	-2,366 -0.5%
41	HEALTHCARE SVCS GROUP INC COM HCSG	HCSG	2,239,224	$55.0m0.44%	0.44%	Added +96.0k	+95,987 4.5%
42	KNOWLES CORP COM KN	KN	1,325,359	$55.0m0.44%	0.44%	Reduced -481.8k	-481,778 -26.7%
43	IMAX CORP COM IMAX	IMAX	1,343,228	$53.5m0.43%	0.43%	Added +97.0k	+96,988 7.8%
44	KORN FERRY COM NEW KFY	KFY	788,362	$52.5m0.42%	0.42%	Reduced -47.4k	-47,408 -5.7%
45	UNIVERSAL TECHNICAL INST INC COM UTI	UTI	1,198,144	$51.2m0.41%	0.41%	Added +167.6k	+167,562 16.3%
46	ACADEMY SPORTS & OUTDOORS IN COM ASO	ASO	1,084,620	$51.1m0.41%	0.41%	Added +43.6k	+43,582 4.2%
47	M/I HOMES INC COM MHO	MHO	316,385	$50.9m0.41%	0.41%	Reduced -52.9k	-52,871 -14.3%
48	ATMUS FILTRATION TECHNOLOGIE COM ATMU	ATMU	995,247	$50.7m0.41%	0.41%	Added +217.5k	+217,512 28.0%
49	BRUNSWICK CORP COM BC	BC	581,562	$49.0m0.39%	0.39%	Reduced -24.2k	-24,162 -4.0%
50	AAON INC COM PAR $0.004 AAON	AAON	385,198	$48.9m0.39%	0.39%	Reduced -87.3k	-87,284 -18.5%
51	LSI INDS INC OHIO COM LYTS	LYTS	1,836,591	$48.8m0.39%	0.39%	Added +318.2k	+318,242 21.0%
52	LANDSTAR SYS INC COM LSTR	LSTR	230,968	$47.8m0.38%	0.38%	Added +383	+383 0.2%
53	EVERCORE INC CLASS A EVR	EVR	139,266	$47.6m0.38%	0.38%	Added +12.6k	+12,649 10.0%
54	STANDARD MTR PRODS INC COM SMP	SMP	1,207,500	$47.1m0.38%	0.38%	Added +39.0k	+38,983 3.3%
55	RELIANCE INC COM RS	RS	123,536	$46.2m0.37%	0.37%	Reduced -6.2k	-6,177 -4.8%
56	BARRETT BUSINESS SVCS INC COM BBSI	BBSI	1,295,102	$46.0m0.37%	0.37%	Reduced -77.8k	-77,796 -5.7%
57	WD 40 CO COM WDFC	WDFC	185,690	$45.2m0.36%	0.36%	Added +4.8k	+4,843 2.7%
58	JFROG LTD ORD SHS FROG	FROG	497,541	$45.2m0.36%	0.36%	Reduced -14.5k	-14,451 -2.8%
59	VICTORY CAP HLDGS INC COM CL A VCTR	VCTR	529,249	$44.5m0.36%	0.36%	Reduced -54.1k	-54,140 -9.3%
60	MANHATTAN ASSOCIATES INC COM MANH	MANH	314,304	$43.8m0.35%	0.35%	New
61	NWPX INFRASTRUCTURE INC COM NWPX	NWPX	289,727	$43.4m0.35%	0.35%	Reduced -115.0k	-114,961 -28.4%
62	VONTIER CORPORATION COM VNT	VNT	1,480,137	$42.9m0.35%	0.35%	Added +205.4k	+205,375 16.1%
63	ANDERSEN GROUP INC CL A ANDG	ANDG	1,137,586	$42.9m0.35%	0.35%	Reduced -271.1k	-271,129 -19.2%
64	BRADY CORP CL A BRC	BRC	467,624	$42.8m0.34%	0.34%	Reduced -173.0k	-173,047 -27.0%
65	LINCOLN ELEC HLDGS INC COM LECO	LECO	161,151	$42.8m0.34%	0.34%	Reduced -12.8k	-12,813 -7.4%
66	MSC INDL DIRECT INC CL A MSM	MSM	356,897	$42.5m0.34%	0.34%	Reduced -30.4k	-30,428 -7.9%
67	TTM TECHNOLOGIES INC COM TTMI	TTMI	224,690	$42.0m0.34%	0.34%	Reduced -48.4k	-48,386 -17.7%
68	ADTRAN HOLDINGS INC COM ADTN	ADTN	2,972,917	$41.3m0.33%	0.33%	Reduced -154.5k	-154,486 -4.9%
69	SPROTT INC COM NEW SII	SII	366,094	$41.2m0.33%	0.33%	Reduced -41.2k	-41,187 -10.1%
70	KULICKE & SOFFA INDS INC COM KLIC	KLIC	306,723	$41.0m0.33%	0.33%	Reduced -280.4k	-280,424 -47.8%
71	LAZARD INC COM LAZ	LAZ	968,112	$40.6m0.33%	0.33%	Reduced -6.9k	-6,874 -0.7%
72	ESTABLISHMENT LABS HLDGS INC COM ESTA	ESTA	472,316	$40.5m0.33%	0.33%	Added +44.8k	+44,844 10.5%
73	BLOCK H & R INC COM HRB	HRB	1,063,355	$40.5m0.33%	0.33%	Added +286.6k	+286,639 36.9%
74	TRANSCAT INC COM TRNS	TRNS	431,671	$40.0m0.32%	0.32%	Reduced -182.6k	-182,582 -29.7%
75	COLLIERS INTL GROUP INC SUB VTG SHS CIGI	CIGI	424,069	$39.8m0.32%	0.32%	Added +597	+597 0.1%
76	KBR INC COM KBR	KBR	1,127,218	$38.9m0.31%	0.31%	Added +40.7k	+40,680 3.7%
77	PACS GROUP INC COM SHS PACS	PACS	912,492	$38.9m0.31%	0.31%	Added +4.8k	+4,774 0.5%
78	BANKUNITED INC COM BKU	BKU	784,071	$38.0m0.31%	0.31%	Reduced -174.8k	-174,849 -18.2%
79	SILGAN HLDGS INC COM SLGN	SLGN	809,176	$37.5m0.30%	0.30%	Added +50.6k	+50,628 6.7%
80	FORMFACTOR INC COM FORM	FORM	234,556	$37.5m0.30%	0.30%	Reduced -217.3k	-217,307 -48.1%
81	AMN HEALTHCARE SVCS INC COM AMN	AMN	1,149,232	$37.2m0.30%	0.30%	Added +140.2k	+140,245 13.9%
82	TREX CO INC COM TREX	TREX	741,113	$37.1m0.30%	0.30%	Added +215.3k	+215,257 40.9%
83	WALKER & DUNLOP INC COM WD	WD	676,507	$37.0m0.30%	0.30%	Added +55.6k	+55,589 8.9%
84	AVANTOR INC COM AVTR	AVTR	3,676,084	$36.4m0.29%	0.29%	Added +2.2m	+2,212,462 151.2%
85	NOMAD FOODS LTD USD ORD SHS NOMD	NOMD	3,321,831	$36.4m0.29%	0.29%	Added +380.1k	+380,105 12.9%
86	SELECT WATER SOLUTIONS INC CL A COM WTTR	WTTR	1,812,157	$36.2m0.29%	0.29%	Reduced -268.2k	-268,239 -12.9%
87	EURONET WORLDWIDE INC COM EEFT	EEFT	492,223	$36.0m0.29%	0.29%	Added +240.6k	+240,570 95.6%
88	NLIGHT INC COM LASR	LASR	506,972	$35.3m0.28%	0.28%	Reduced -147.5k	-147,547 -22.5%
89	LUXFER HLDGS PLC SHS LXFR	LXFR	1,939,410	$35.0m0.28%	0.28%	Added +127.3k	+127,287 7.0%
90	VISTEON CORP COM NEW VC	VC	349,616	$34.7m0.28%	0.28%	Reduced -12.1k	-12,055 -3.3%
91	CAMTEK LTD ORD CAMT	CAMT	210,711	$34.4m0.28%	0.28%	Added +8.2k	+8,223 4.1%
92	LIMBACH HLDGS INC COM LMB	LMB	444,317	$34.2m0.28%	0.28%	Added +63.6k	+63,553 16.7%
93	NPK INTERNATIONAL INC COM SHS NPKI	NPKI	2,149,100	$34.2m0.28%	0.28%	Added +78.1k	+78,090 3.8%
94	ORIGIN BANCORP INC COM OBK	OBK	666,284	$34.1m0.27%	0.27%	Reduced -180.9k	-180,943 -21.4%
95	ARTISAN PARTNERS ASSET MGMT CL A APAM	APAM	978,485	$33.8m0.27%	0.27%	Added +5.3k	+5,258 0.5%
96	YETI HLDGS INC COM YETI	YETI	680,973	$33.7m0.27%	0.27%	Reduced -35.5k	-35,466 -5.0%
97	HINGHAM INSTN SVGS MASS COM HIFS	HIFS	109,447	$33.6m0.27%	0.27%	Reduced -8.8k	-8,840 -7.5%
98	ENVISTA HOLDINGS CORPORATION COM NVST	NVST	1,270,717	$33.5m0.27%	0.27%	Added +292.3k	+292,270 29.9%
99	HACKETT GROUP INC COM HCKT	HCKT	3,095,670	$33.3m0.27%	0.27%	Added +132.2k	+132,188 4.5%
100	CONSTRUCTION PARTNERS INC COM CL A ROAD	ROAD	279,872	$33.2m0.27%	0.27%	Added +96.5k	+96,468 52.6%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
TRANSMEDICS GROUP INC TMDX	TMDX	244,382	$24.3m244.4k shares
SENECA FOODS CORP NEW SENEA	SENEA	109,789	$16.6m109.8k shares
DIAMOND HILL INVT GROUP INC DHIL	DHIL	85,587	$14.7m85.6k shares
AIR LEASE CORP AL	AL	212,735	$13.8m212.7k shares
ELANCO ANIMAL HEALTH INC ELAN	ELAN	469,916	$11.2m469.9k shares
CENTESSA PHARMACEUTICALS PLC		278,064	$11.0m278.1k shares
TAYLOR MORRISON HOME CORP TMHC	TMHC	143,443	$8.4m143.4k shares
RH RH	RH	59,300	$8.3m59.3k shares
E L F BEAUTY INC ELF	ELF	134,500	$8.2m134.5k shares
EPAM SYS INC EPAM	EPAM	58,400	$7.9m58.4k shares
PAR TECHNOLOGY CORP PAR	PAR	579,416	$7.7m579.4k shares
ZYMEWORKS INC ZYME	ZYME	299,202	$7.5m299.2k shares
ESPERION THERAPEUTICS INC NE ESPR	ESPR	2,626,995	$7.2m2.6m shares
CAVCO INDS INC DEL CVCO	CVCO	14,700	$7.1m14.7k shares
IDT CORP IDT	IDT	144,628	$7.1m144.6k shares
FORWARD AIR CORP FWRD	FWRD	347,998	$5.8m348.0k shares
ATS CORPORATION ATS	ATS	179,500	$5.1m179.5k shares
SIMULATIONS PLUS INC		427,416	$5.1m427.4k shares
ONESPAWORLD HOLDINGS LIMITED OSW	OSW	215,051	$4.9m215.1k shares
HILLTOP HOLDINGS INC HTH	HTH	129,540	$4.6m129.5k shares
KURA SUSHI USA INC KRUS	KRUS	61,014	$4.3m61.0k shares
WINNEBAGO INDS INC WGO	WGO	128,390	$4.0m128.4k shares
CORE LABORATORIES INC CLB	CLB	179,251	$3.0m179.3k shares
UNIFIRST CORP MASS UNF	UNF	11,695	$2.9m11.7k shares
PLEXUS CORP PLXS	PLXS	13,752	$2.8m13.8k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on. The largest 25 of 30.

Company	Ticker	Stake	Change	Schedule	Last filed
LAKELAND INDS INC LAKE · 13G · filed 2026-07-22	LAKE	13.4%≈ $14.1m	+1.0 pts	13G	2026-07-22
HACKETT GROUP INC HCKT · 13G · filed 2026-03-03	HCKT	11.7%≈ $31.9m	+2.3 pts	13G	2026-03-03
INTEST CORP INTT · 13G · filed 2025-01-28	INTT	11.6%≈ $26.0m	+1.2 pts	13G	2025-01-28
RICHARDSON ELECTRS LTD RELL · 13G · filed 2025-10-15	RELL	11.2%≈ $26.4m	+1.1 pts	13G	2025-10-15
J JILL INC JILL · 13G · filed 2026-10-21	JILL	11.0%≈ $26.0m	-1.2 pts	13G	2026-10-21
TRUEBLUE INC TBI · 13G · filed 2026-07-22	TBI	9.2%≈ $19.5m	+2.1 pts	13G	2026-07-22
CHAIN BRIDGE BANCORP INC CBNA · 13G · filed 2026-01-30	CBNA	8.9%≈ $11.7m	no change	13G	2026-01-30
ANDERSEN GROUP INC ANDG · 13G · filed 2026-07-30	ANDG	8.4%≈ $42.9m	-3.1 pts	13G	2026-07-30
FRANKLIN COVEY CO FC · 13G · filed 2026-07-30	FC	7.8%≈ $21.6m	-1.2 pts	13G	2026-07-30
APYX MEDICAL CORPORATION APYX · 13G · filed 2026-07-21	APYX	7.8%≈ $14.7m	+1.9 pts	13G	2026-07-21
GENCOR INDS INC GENC · 13G · filed 2025-10-14	GENC	7.4%≈ $13.7m		13G	2025-10-14
AMERICAN OUTDOOR BRANDS INC AOUT · 13G · filed 2026-04-21	AOUT	7.3%≈ $10.8m	+1.5 pts	13G	2026-04-21
LEGACY ED INC LGCY · 13G · filed 2025-07-22	LGCY	7.0%≈ $10.2m	+1.2 pts	13G	2025-07-22
OPTIMIZERX CORP OPRX · 13G · filed 2026-10-21	OPRX	7.0%≈ $7.5m	+1.2 pts	13G	2026-10-21
INTL GNRL INSURANCE HLDNGS L IGIC · 13G · filed 2025-07-22	IGIC	6.8%≈ $80.4m	+1.6 pts	13G	2025-07-22
BAYCOM CORP BCML · 13G · filed 2025-07-22	BCML	6.7%≈ $24.1m	+1.2 pts	13G	2025-07-22
VIANT TECHNOLOGY INC DSP · 13G · filed 2026-10-23	DSP	6.6%≈ $17.6m	+1.1 pts	13G	2026-10-23
CPI AEROSTRUCTURES INC CVU · 13G · filed 2026-07-21	CVU	6.3%≈ $4.3m	+2.0 pts	13G	2026-07-21
VERA BRADLEY INC VRA · 13G · filed 2026-10-21	VRA	5.9%≈ $6.6m	+1.0 pts	13G	2026-10-21
EVI INDS INC EVI · 13G · filed 2026-07-21	EVI	5.5%≈ $10.4m	-1.5 pts	13G	2026-07-21
RANGER ENERGY SVCS INC RNGR · 13G · filed 2026-07-22	RNGR	5.5%≈ $20.8m	new	13G	2026-07-22
WIDEPOINT CORP WYY · 13G · filed 2026-10-23	WYY	5.4%≈ $9.5m	new	13G	2026-10-23
RADIANT LOGISTICS INC RLGT · 13G · filed 2026-04-22	RLGT	5.4%≈ $23.9m	+0.9 pts	13G	2026-04-22
CENTURY CASINOS INC CNTY · 13G · filed 2026-01-20	CNTY	5.4%≈ $2.0m	-3.0 pts	13G	2026-01-20
M-TRON INDS INC MPTI · 13G · filed 2026-10-23	MPTI	5.3%≈ $22.8m	new	13G	2026-10-23