Chuck Royce’s New Stock Picks

Chuck Royce‘s fund Royce & Associates has tweaked its equity portfolio recently, disclosing several moves into its holdings. One of them is CSS Industries Inc (NYSE:CSS), in which Royce has slightly reduced its stake to 1.38 million shares, from 1.39 million disclosed at the end of September. Royce’s position, currently amasses 14.87% of the company’s stock.

Chuck Royce

CSS Industries Inc (NYSE:CSS), a consumer products company, designs, manufactures, and distributes all occasion social expression products. Peter Algert and Kevin Coldiron’s Algert Coldiron Investors, holds less significant position in CSS Industries, amassing 42,019 shares, representing a value of $1.01 million. Jim Simons’ Renaissance Technologies has trimmed its stake in the company, in the third quarter by 34%, and currently holds 30,799 shares.

In The Buckle, Inc. (NYSE:BKE), the fund has been bullish recently, and increased its position to 7.66 million shares, from 7.61 million owned previously. Following the increase, Royce & Associates owns 15.85% of The Buckle’s common stock.

The Buckle, Inc. (NYSE:BKE), is a retailer of apparel, footwear, and accessories for men and women. It has over 450 stores in 43 states. Aside from, Royce & Associates, another hedge fund with less significant position in The Buckle, Inc. (NYSE:BKE), is Gotham Asset Management, led by Joel Greenblatt, currently holds 200,467 million shares, worth $10.85 million. The fund amassed 35% of these shares in the third quarter of 2013.

The next on the list is Brooks Automation, Inc. (USA) (NASDAQ:BRKS), in which Royce currently owns 3.62 million shares, equal to 5.43% of the common stock. Earlier the fund owned over 4.06 million shares of the company.

Brooks Automation, Inc. (USA) (NASDAQ:BRKS), provides automation, vacuum, and instrumentation solutions for front end semiconductor manufacturing, life sciences, clean energy and various other markets. Bernard Horn’s Polaris Capital Management, has also trimmed its stake in Brooks Automation by 84% to 505,959 shares. Another fund, with less significant position is Grt Capital Partners, managed by Gregory Fraser, Rudolph Kluiber, and Timothy Krochuk, owns 135,000 shares.

In Brady Corp (NYSE:BRC), Royce & Associates strengthened its exposure to 3.02 million shares, from 2.89 million held earlier. Currently, Royce’s holding is amassing 6.22% of the company’s class A common stock.

Brady Corp (NYSE:BRC), a leader in identification solutions that identify and protect premises, products and people. Another institutional investor, with a significant holding in Brady Corp (NYSE:BRC) is Ariel Investments, managed by John W. Rogers, which owns approximately 2.54 million shares. Pzena Investment Management led by Richard S. Pzena, also holds almost 1.40 million shares with a reported value of $42.73 million.

Chuck Royce’s Royce & Associates employs a value-based approach, and invests in small cap companies. The fund has uniformly invested in most of the companies, with 1.33% of its portfolio invested in Thor Industries, Inc. (NYSE:THO), amassing 5.41 million shares. Another company of which, the fund has bought 7.61 million shares is, Reliance Steel & Aluminum (NYSE:RS), worth $411.28 million.

Disclosure: none

Recommended Reading:

Insiders Like Oiltanking Partners LP (OILT) Although Hedge Funds Don’t

Ardsley Partners Sells Another 50,000 Shares of Saba Software, Inc. (SABA)

James Dondero, Highland Capital Management Buy Some Nexpoint Credit Strategies Fund (NHF) Shares

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top 6 Tax Scams and How to Protect Yourself

Top Businesses to Invest In

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!