Chuck Royce’s Royce & Associates, has recently disclosed several moves into its equity portfolio holdings. In the first filing, Royce & Associates reported trimming its stake in MKS Instruments, Inc. (NASDAQ:MKSI) to 7.94 million shares, from 7.98 million shares owned earlier. The holding amasses 14.91% common stock of MKS Instruments.
In another filing, Royce & Associates revealed holding over 1.10 million shares of NN, Inc. (NASDAQ:NNBR), slightly higher than the previous holding of 1.07 million shares. The current stake equals to 6.33% of the common stock.
Royce & Associates further revealed that it has significantly sliced its position in GSE Holding Inc (NYSE:GSE) to 31,400 shares from 1.47 million shares held earlier.
The next on the list is TESSCO Technologies, Inc. (NASDAQ:TESS), in which Royce & Associates, edged up its holdings to 897,574 shares, from 781,289 shares held earlier. The holding amasses 10.91% common stock of MKS Instruments.
In the fifth filing, Royce & Associates reported owning 6.64 million shares of LeapFrog Enterprises, Inc. (NYSE:LF). The stake currently amasses 10.29% of the company’s Class A Common Stock. Earlier, the fund held 5.51 million shares of the company.
Royce & Associates, employs value-based approach and invests in small cap companies, hunting the underpriced companies relative to its enterprise value.
Last month, the fund had made several moves in its equity portfolio, amongst them were R.G. Barry Corp. (NASDAQ:DFZ), where the fund raised its stake to 1.47 million shares. It trimmed its stake in Atrion Corporation (NASDAQ:ATRI) to 243,432 shares, from 258,035 shares held earlier, and sliced its stake in CSS Industries Inc (NYSE:CSS) to 1.38 million shares, from 1.39 million. The fund also upped its stake in The Buckle, Inc. (NYSE:BKE) to to 7.66 million shares, from 7.61 million shares.