Chuck Royce likes to invest in small cap stocks. He thinks that quality companies exist throughout the equity universe; investors should be expecting 6-9% a year for the decade. This is Q1 portfolio update of Royce Funds.
According to the most recent filings of his investment company, Royce& Associates, Chuck Royce owns 1512 stocks with a total value of $28.3 billion. These are the details of the buys and sells.
New Purchases: AHS, AMP, ARI, ARO, ASA, ATML, BBND, BBNK, BK, BPZ, CASY, CBST, CENTA, CFR, CMG, CMP, COGT, COLB, CRY, CSKI, CVI, DDIC, DFZ, ELX, EPL, FITB, GBG, GHL, GIGM, GLNG, GMR, GRIF, HOS, HS, ICGE, IDTI, INOD, ISSI, ITG, JAKK, JBHT, JOEZ, JPM, JRCC, KGC, LCI, LLNW, LVS, LXU, MA, MFLX, MGLN, MLNK, MOLX, MWA, NGS, NZ, ODSY, ORN, PCCC, PFCB, PVTB, PZZA, QDEL, RAH, REXX, RSYS, SBUX, SCBT, SH, SMA, SMP, STEC, SWIR, SXE, SYNM, THM, TM, TNDM, TWM, VXX, WBS, WMK, WTSLA, ZION, ZOLT,
Added Positions: AAI, AAP, ABFS, ACTI, ACTU, ADI, ADSK, AEO, AFAM, AGII, AGU, AHCI, AIPC, AIR, ALOG, AMSF, ANSS, AOB, APOL, ARD, ART, ASCMA, ASH, ASPS, ATMI, ATR, ATVI, ATW, AVT, AVX, AWI, AXTI, AZZ, BBBB, BCPC, BEBE, BHLB, BIIB, BKR, BMRN, BOFI, BOH, BRCD, BZ, CA, CAST, CBOU, CENT, CHCI, CHDX, CIT, CKH, CLF, CLNY, CLS, CMA, CMC, COL, CONN, COSI, CPC, CPWM, CRAY, CSR, CTAS, CTRP, CUZ, CVD, CWTR, CXDC, CYMI, DAR, DCI, DGW, DVA, DWSN, DYP, EJ, ELOS, EME, EPHC, ESEA, ESI, EURX, FCFS, FCN, FISV, FIZZ, FLR, FLS, FORM, FRED, FRPT, FSIN, FSS, GDP, GDX, GDXJ, GFI, GME, GST, GTI, GTIV, GTLS, GXDX, HAIN, HCC, HCCI, HE, HHGP, HOTT, HP, HRBN, HSII, ICFI, IGTE, IIVI, IMN, INFN, JBLU, JCS, JEC, JJSF, JNS, JOSB, KALU, KEX, KFY, KID, KNSY, LAD, LHCG, LLL, LMNX, LNDC, LSTR, LTXC, LXP, MCF, MCRL, MD, MI, MIG, MLR, MMC, MMR, MMSI, MSO, MTD, MTX, MWIV, NCI, NGA, NOVL, NSR, NWPX, OEH, OFG, OMI, OSG, OZM, PAAS, PCBK, PCP, PETS, PHX, PLCM, PLFE, PLL, PMC, PMT, PNSN, PRO, PTP, PVG, QKLS, RSCR, SBX, SCC, SCR, SCSC, SDP, SENEA, SHOO, SKIL, SMBL, SMHG, SMTS, SONE, SORL, SPWRB, SRDX, SRS, SSRX, STLD, STRL, SUPR, SVA, TINY, TIS, TRN, TSO, TSS, TTEC, TWGP, UNF, UTEK, UTR, VDSI, VLGEA, VLY, VMI, VOXX, VRAZ, VRSK, VRTU, WDC, WFSL, WNI, WOOF, WRC, WU, YGE, YTEC, ZINC,
Reduced Positions: ABC, ACAT, ACMR, ACO, AEIS, AEL, ALG, ALOY, ANF, APH, ARKR, ARRS, ASIA, AVTR, AXE, AYI, BANF, BBSI, BCR, BEZ, BNE, BRKR, BVF, CACH, CBE, CDI, CHKE, CHLN, CLNE, CMN, CNK, CORE, CPO, CR, CRDN, CRR, CRTX, CSCX, CTS, CVG, CVU, CWCO, DIN, DIVX, DLTR, DRAD, DSW, DUCK, EFII, EIHI, EQT, EZPW, FIS, FLIR, FMC, FNSR, FPIC, FSYS, GFF, GLW, GNTX, GR, HDNG, HFWA, HI, HL, HOGS, HQS, HTZ, HWK, IAG, ICUI, IEX, INT, INTX, IPAS, IVC, JAS, JST, KBW, KCLI, KEYN, KFN, KFRC, KND, KNDL, KOSS, KS, LIOX, LRN, MDCA, MDF, MGAM, MGI, MIGP, MRX, MTXX, NHI, NICE, NIHD, NPO, NTCT, NU, NVDA, NVE, NX, OB, ODC, OESX, OPLK, OPNT, OSIS, OSTE, PCYC, PDC, PII, PMTC, POT, PPDI, PRAA, PRX, PTC, PWR, RBN, RHB, ROC, RSH, RTN, RVSN, SAFT, SANM, SBLK, SCHW, SDS, SEED, SHLO, SLB, SMCI, SMOD, SMRT, SNA, SNI, SPAR, SRT, SUG, SWM, SYPR, TEAM, TECUA, TESS, TGI, TUTR, UFPI, UHS, USAK, USMO, VECO, VPHM, VRGY, VSEC, VVI, VVUS, WAC, WATG, WBSN, WCRX, WRLD, WST, WX, ZIGO, ZMH, ZNT, ZUMZ,
Sold Out: AFFM, AFSI, AGP, AIRM, ALGT, ALOT, AMED, ANDS, APAC, ATAI, ATK, ATLS, BAC, BEAV, BGS, BIG, BIOS, BJ, BKS, BLUD, BNHNA, BR, BRK.B, BRNC, BVX, CAB, CACB, CAKE, CAW, CBC, CBEY, CF, CFI, CHNG, CHUX, CMG.B, CMT, COO, CP, CPB, CRMH, CRNT, CSCO, CTBK, CUTR, DFG, DISCB, DLA, DTG, ECOL, ENTG, ENTR, ESV, FC, FCX, FDEF, FFG, FLDR, FUQI, GB, GIII, GLDD, GMTN, GRO, GSIC, GSM, HHS, HIBB, HMN, HNT, HOG, HPY, HRG, HSC, HSTX, INDM, ITIC, JBSS, JTX, LABL, LCAV, LEN, LL, LMIA, LUB, MCRI, MCRS, MCZ, MDCO, MF, MICC, MJN, MLHR, MRLN, MSII, MTOX, MWA.B, NAL, NATL, NCIT, NCS, NEWS, NG, NPD, NSIT, NUHC, NYX, OMC, OXPS, PAYX, PENX, PFWD, PGR, PKD, POR, RBCN, RBI, RST, SCMRD, SCVL, SFN, SGI, SGK, SIMO, SKX, SLGN, SONO, STNR, STSA, SWK, SWSI, SYNA, TAP, THI, TIE, TSFG, TSTC, TW, UCBI, USB, USLM, VARI, WOR, WSH, WTS, XCO, XRAY, ZHNE,
For the details of Chuck Royce's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Chuck+Royce
This is the sector weightings of his portfolio:
These are the top 5 holdings of Chuck Royce
According to the most recent filings of his investment company, Royce& Associates, Chuck Royce owns 1512 stocks with a total value of $28.3 billion. These are the details of the buys and sells.
New Purchases: AHS, AMP, ARI, ARO, ASA, ATML, BBND, BBNK, BK, BPZ, CASY, CBST, CENTA, CFR, CMG, CMP, COGT, COLB, CRY, CSKI, CVI, DDIC, DFZ, ELX, EPL, FITB, GBG, GHL, GIGM, GLNG, GMR, GRIF, HOS, HS, ICGE, IDTI, INOD, ISSI, ITG, JAKK, JBHT, JOEZ, JPM, JRCC, KGC, LCI, LLNW, LVS, LXU, MA, MFLX, MGLN, MLNK, MOLX, MWA, NGS, NZ, ODSY, ORN, PCCC, PFCB, PVTB, PZZA, QDEL, RAH, REXX, RSYS, SBUX, SCBT, SH, SMA, SMP, STEC, SWIR, SXE, SYNM, THM, TM, TNDM, TWM, VXX, WBS, WMK, WTSLA, ZION, ZOLT,
Added Positions: AAI, AAP, ABFS, ACTI, ACTU, ADI, ADSK, AEO, AFAM, AGII, AGU, AHCI, AIPC, AIR, ALOG, AMSF, ANSS, AOB, APOL, ARD, ART, ASCMA, ASH, ASPS, ATMI, ATR, ATVI, ATW, AVT, AVX, AWI, AXTI, AZZ, BBBB, BCPC, BEBE, BHLB, BIIB, BKR, BMRN, BOFI, BOH, BRCD, BZ, CA, CAST, CBOU, CENT, CHCI, CHDX, CIT, CKH, CLF, CLNY, CLS, CMA, CMC, COL, CONN, COSI, CPC, CPWM, CRAY, CSR, CTAS, CTRP, CUZ, CVD, CWTR, CXDC, CYMI, DAR, DCI, DGW, DVA, DWSN, DYP, EJ, ELOS, EME, EPHC, ESEA, ESI, EURX, FCFS, FCN, FISV, FIZZ, FLR, FLS, FORM, FRED, FRPT, FSIN, FSS, GDP, GDX, GDXJ, GFI, GME, GST, GTI, GTIV, GTLS, GXDX, HAIN, HCC, HCCI, HE, HHGP, HOTT, HP, HRBN, HSII, ICFI, IGTE, IIVI, IMN, INFN, JBLU, JCS, JEC, JJSF, JNS, JOSB, KALU, KEX, KFY, KID, KNSY, LAD, LHCG, LLL, LMNX, LNDC, LSTR, LTXC, LXP, MCF, MCRL, MD, MI, MIG, MLR, MMC, MMR, MMSI, MSO, MTD, MTX, MWIV, NCI, NGA, NOVL, NSR, NWPX, OEH, OFG, OMI, OSG, OZM, PAAS, PCBK, PCP, PETS, PHX, PLCM, PLFE, PLL, PMC, PMT, PNSN, PRO, PTP, PVG, QKLS, RSCR, SBX, SCC, SCR, SCSC, SDP, SENEA, SHOO, SKIL, SMBL, SMHG, SMTS, SONE, SORL, SPWRB, SRDX, SRS, SSRX, STLD, STRL, SUPR, SVA, TINY, TIS, TRN, TSO, TSS, TTEC, TWGP, UNF, UTEK, UTR, VDSI, VLGEA, VLY, VMI, VOXX, VRAZ, VRSK, VRTU, WDC, WFSL, WNI, WOOF, WRC, WU, YGE, YTEC, ZINC,
Reduced Positions: ABC, ACAT, ACMR, ACO, AEIS, AEL, ALG, ALOY, ANF, APH, ARKR, ARRS, ASIA, AVTR, AXE, AYI, BANF, BBSI, BCR, BEZ, BNE, BRKR, BVF, CACH, CBE, CDI, CHKE, CHLN, CLNE, CMN, CNK, CORE, CPO, CR, CRDN, CRR, CRTX, CSCX, CTS, CVG, CVU, CWCO, DIN, DIVX, DLTR, DRAD, DSW, DUCK, EFII, EIHI, EQT, EZPW, FIS, FLIR, FMC, FNSR, FPIC, FSYS, GFF, GLW, GNTX, GR, HDNG, HFWA, HI, HL, HOGS, HQS, HTZ, HWK, IAG, ICUI, IEX, INT, INTX, IPAS, IVC, JAS, JST, KBW, KCLI, KEYN, KFN, KFRC, KND, KNDL, KOSS, KS, LIOX, LRN, MDCA, MDF, MGAM, MGI, MIGP, MRX, MTXX, NHI, NICE, NIHD, NPO, NTCT, NU, NVDA, NVE, NX, OB, ODC, OESX, OPLK, OPNT, OSIS, OSTE, PCYC, PDC, PII, PMTC, POT, PPDI, PRAA, PRX, PTC, PWR, RBN, RHB, ROC, RSH, RTN, RVSN, SAFT, SANM, SBLK, SCHW, SDS, SEED, SHLO, SLB, SMCI, SMOD, SMRT, SNA, SNI, SPAR, SRT, SUG, SWM, SYPR, TEAM, TECUA, TESS, TGI, TUTR, UFPI, UHS, USAK, USMO, VECO, VPHM, VRGY, VSEC, VVI, VVUS, WAC, WATG, WBSN, WCRX, WRLD, WST, WX, ZIGO, ZMH, ZNT, ZUMZ,
Sold Out: AFFM, AFSI, AGP, AIRM, ALGT, ALOT, AMED, ANDS, APAC, ATAI, ATK, ATLS, BAC, BEAV, BGS, BIG, BIOS, BJ, BKS, BLUD, BNHNA, BR, BRK.B, BRNC, BVX, CAB, CACB, CAKE, CAW, CBC, CBEY, CF, CFI, CHNG, CHUX, CMG.B, CMT, COO, CP, CPB, CRMH, CRNT, CSCO, CTBK, CUTR, DFG, DISCB, DLA, DTG, ECOL, ENTG, ENTR, ESV, FC, FCX, FDEF, FFG, FLDR, FUQI, GB, GIII, GLDD, GMTN, GRO, GSIC, GSM, HHS, HIBB, HMN, HNT, HOG, HPY, HRG, HSC, HSTX, INDM, ITIC, JBSS, JTX, LABL, LCAV, LEN, LL, LMIA, LUB, MCRI, MCRS, MCZ, MDCO, MF, MICC, MJN, MLHR, MRLN, MSII, MTOX, MWA.B, NAL, NATL, NCIT, NCS, NEWS, NG, NPD, NSIT, NUHC, NYX, OMC, OXPS, PAYX, PENX, PFWD, PGR, PKD, POR, RBCN, RBI, RST, SCMRD, SCVL, SFN, SGI, SGK, SIMO, SKX, SLGN, SONO, STNR, STSA, SWK, SWSI, SYNA, TAP, THI, TIE, TSFG, TSTC, TW, UCBI, USB, USLM, VARI, WOR, WSH, WTS, XCO, XRAY, ZHNE,
For the details of Chuck Royce's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Chuck+Royce
This is the sector weightings of his portfolio:
| Industrials | 28.7% |
|---|---|
| Financials | 15.2% |
| Consumer Goods | 11.6% |
| Consumer Services | 10.3% |
| Basic Materials | 10.3% |
| Technology | 10% |
| Health Care | 5.8% |
| Oil & Gas | 5.4% |
| Utilities | 0.7% |
| Telecommunications | 0.2% |
These are the top 5 holdings of Chuck Royce
- Unit Corp. (UNT) - 7,138,779 shares, 1.07% of the total portfolio. Shares added by 0.15%
- Knight Capital Group Inc. (NITE) - 17,432,385 shares, 0.94% of the total portfolio. Shares added by 2.87%
- Reliance Steel & Aluminum Co. (RS) - 5,425,553 shares, 0.94% of the total portfolio. Shares added by 1.7%
- Federated Investors Inc. (FII) - 9,806,782 shares, 0.91% of the total portfolio. Shares added by 7.86%
- Lincoln Electric Holdings Inc. (LECO) - 4,642,670 shares, 0.89% of the total portfolio. Shares reduced by 3.85%
