13F 申报指南13F 概念全攻略
什么是 SEC Form 13F 申报？美股机构大户持股全攻略
完整解读 Form 13F 申报规范、1 亿美元门槛与 45 天延迟申报机制，学会如何追踪顶级对冲基金与机构法人持仓动向。
AlphaSMO 权威研究指南阅读专题
CIK: 0000906304
申报总市值
US$124.2亿
US$124.2亿
761 檔
4.3%
根据最新整理的 13F 季度数据集，Royce & Associates LP 于 Q4 2025 结束时的管理资产规模为 US$124.2亿。该机构在本季度申报了 761 档美股持仓，呈现出该时期的主要投资地图。
Royce & Associates LP 在 Q4 2025 进行了结构性的板块轮动与仓位换股。在开立 22 个全新仓位及加仓 70 档持股的同时，亦同步清仓 22 档并减仓 84 档标的。
在资产配置集中度方面，Royce & Associates LP 的前 5 大核心持股（包含 ACA, KWR, JBTM 等）合计占整体申报市值的 4.3%，反映机构在主要关键仓位上的权重分布。
仅显示前 200 大持股（共 761 只）
| # | 代码 | 标的名称 | 资产子类别 | 占比 | 占比变动 | 持仓量变化 | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | ACA | Arcosa Inc | 股票-工业 | 1.33% | -0.15% | -2.58% | |
| 2 | KWR | Quaker Chemical Corporation | 股票-其他 | 1.05% | +0.09% | +19.22% | |
| 3 | JBTM | Jbt Marel CORP | 股票-工业 | 1.02% | -0.08% | +4.43% | |
| 4 | ESAB | Esab CORP | 股票-工业 | 1.02% | -0.09% | +14.32% | |
| 5 | MKSI | Mks Inc | 股票-科技 | 1.00% | +0.02% | -25.45% | |
| 6 | AGO | Assured Guaranty Ltd. | 股票-金融 | 0.90% | -0.11% | -5.06% | |
| 7 | LCII | Lci Industries | 股票-周期性消费 | 0.80% | -0.19% | -2.82% | |
| 8 | CRUS | Cirrus Logic Inc | 股票-科技 | 0.80% | -0.24% | -6.40% | |
| 9 | ✓ | Intl Gnrl Insurance Hldngs L | 股票-其他 | 0.80% | -0.08% | -0.71% | |
| 10 | SEIC | Sei Investments Company | 股票-金融 | 0.75% | -0.03% | +0.30% | |
| 11 | UFPI | Ufp Industries Inc | 股票-原材料 | 0.74% | -0.15% | +4.95% | |
| 12 | ESE | Esco Technologies Inc | 股票-科技 | 0.72% | -0.21% | -0.18% | |
| 13 | IESC | Ies Holdings Inc | 股票-工业 | 0.68% | +0.18% | -2.88% | |
| 14 | NGVT | Ingevity CORP | 股票-其他 | 0.67% | -0.05% | +7.66% | |
| 15 | FORM | Formfactor Inc | 股票-科技 | 0.65% | -0.13% | -21.16% | |
| 16 | VMI | Valmont Industries | 股票-工业 | 0.64% | +0.04% | -9.10% | |
| 17 | DORM | Dorman Products Inc | 股票-周期性消费 | 0.62% | +0.27% | +0.31% | |
| 18 | SII | Sprott Inc | 股票-其他 | 0.62% | -0.24% | -6.14% | |
| 19 | RBC | RBC Bearings Inc | 股票-工业 | 0.61% | -0.07% | +0.61% | |
| 20 | ESI | Element Solutions Inc | 股票-原材料 | 0.60% | +0.08% | -11.85% | |
| 21 | LFUS | Littelfuse Inc | 股票-科技 | 0.60% | -0.23% | -4.08% | |
| 22 | KAI | Kadant Inc | 股票-其他 | 0.59% | -0.02% | +30.82% | |
| 23 | AAP | Advance Auto Parts Inc | 股票-周期性消费 | 0.59% | +0.03% | +30.46% | |
| 24 | BRC | Brady Corporation - Cl A | 股票-其他 | 0.59% | -0.17% | +9.85% | |
| 25 | FSV | Firstservice CORP | 股票-其他 | 0.59% | -0.10% | +3.53% | |
| 26 | IPAR | Interparfums Inc | 股票-其他 | 0.59% | +0.04% | +42.04% | |
| 27 | ONTO | Onto Innovation Inc | 股票-科技 | 0.59% | +0.23% | +18.95% | |
| 28 | ASO | Academy Sports & Outdoors In | 股票-周期性消费 | 0.58% | -0.17% | -13.35% | |
| 29 | CIGI | Colliers Intl Gr-subord Vot | 股票-其他 | 0.57% | -0.13% | +0.62% | |
| 30 | NPO | Enpro Inc | 股票-工业 | 0.56% | +0.06% | +7.55% | |
| 31 | HCKT | Hackett Group Inc/the | 股票-其他 | 0.53% | -0.11% | +2.36% | |
| 32 | KD | Kyndryl Holdings Inc | 股票-科技 | 0.52% | -0.06% | +10.78% | |
| 33 | VVV | Valvoline Inc | 股票-周期性消费 | 0.51% | +0.01% | +33.15% | |
| 34 | BKU | Bankunited Inc | 股票-其他 | 0.49% | -0.12% | -12.83% | |
| 35 | MRX | Marex Group plc | 股票-其他 | 0.49% | — | -11.15% | |
| 36 | AGI | Alamos Gold Inc-class A | 股票-原材料 | 0.48% | -0.22% | -3.92% | |
| 37 | SSD | Simpson Manufacturing Co Inc | 股票-原材料 | 0.48% | -0.01% | +11.67% | |
| 38 | IMAX | Imax CORP | 股票-其他 | 0.47% | -0.04% | -4.62% | |
| 39 | EXPO | Exponent Inc | 股票-工业 | 0.46% | -0.11% | +73.79% | |
| 40 | COHU | Cohu Inc | 股票-其他 | 0.45% | -0.05% | +0.41% | |
| 41 | CPRX | Catalyst Pharmaceuticals Inc | 股票-医疗保健 | 0.45% | -0.42% | -6.10% | |
| 42 | CECO | Ceco Environmental CORP | 股票-其他 | 0.45% | +0.13% | -10.24% | |
| 43 | HCSG | Healthcare Services Group | 股票-其他 | 0.44% | +0.05% | -19.97% | |
| 44 | LAZ | Lazard Inc | 股票-金融 | 0.44% | -0.08% | +6.06% | |
| 45 | KBR | Kbr Inc | 股票-工业 | 0.44% | -0.09% | +2.26% | |
| 46 | RBA | Rb Global Inc | 股票-工业 | 0.44% | -0.01% | -5.36% | |
| 47 | KLIC | Kulicke & Soffa Industries | 股票-科技 | 0.43% | -0.05% | -16.18% | |
| 48 | APAM | Artisan Partners Asset Ma -a | 股票-金融 | 0.43% | -0.08% | -5.71% | |
| 49 | KFY | Korn Ferry | 股票-工业 | 0.43% | -0.10% | -3.94% | |
| 50 | MHO | M/i Homes Inc | 股票-周期性消费 | 0.42% | -0.04% | +5.30% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | WDFC | Wd-40 Co | +0.3% | +739.79% | 加仓 |
| 2 | CBZ | Cbiz Inc | +0.3% | +389.33% | 加仓 |
| 3 | KWR | Quaker Chemical Corporation | +0.2% | +19.22% | 加仓 |
| 4 | SAIA | Saia Inc | +0.2% | +517.43% | 加仓 |
| 5 | EXPO | Exponent Inc | +0.2% | +73.79% | 加仓 |
| 6 | ONTO | Onto Innovation Inc | +0.2% | +18.95% | 加仓 |
| 7 | LCII | Lci Industries | +0.2% | -2.82% | 减仓 |
| 8 | ACA | Arcosa Inc | +0.2% | -2.58% | 减仓 |
| 9 | EEFT | Euronet Worldwide Inc | +0.1% | +2354.00% | 加仓 |
| 10 | ✓ | Establishment Labs Holdings In | +0.1% | +24.16% | 加仓 |
| 11 | LGN | Legence Corp-cl A | +0.1% | +955.53% | 加仓 |
| 12 | BC | Brunswick CORP | +0.1% | +29.09% | 加仓 |
| 13 | ESAB | Esab CORP | +0.1% | +14.32% | 加仓 |
| 14 | LSTR | Landstar System Inc | +0.1% | +23.31% | 加仓 |
| 15 | KAI | Kadant Inc | +0.1% | +30.82% | 加仓 |
| 16 | FORM | Formfactor Inc | +0.1% | -21.16% | 减仓 |
| 17 | JBTM | Jbt Marel CORP | +0.1% | +4.43% | 加仓 |
| 18 | IPAR | Interparfums Inc | +0.1% | +42.04% | 加仓 |
| 19 | TTMI | Ttm Technologies | +0.1% | +103.51% | 加仓 |
| 20 | AXSM | Axsome Therapeutics Inc | +0.1% | +67.78% | 加仓 |
| 21 | ICHR | Ichor Holdings, Ltd. | +0.1% | +48.53% | 加仓 |
| 22 | MATX | Matson Inc | +0.1% | +59.32% | 加仓 |
| 23 | INVA | Innoviva Inc | +0.1% | +81.91% | 加仓 |
| 24 | NGVT | Ingevity CORP | +0.1% | +7.66% | 加仓 |
| 25 | RBC | RBC Bearings Inc | +0.1% | +0.61% | 加仓 |
| 26 | ADMA | Adma Biologics Inc | +0.1% | +32.44% | 加仓 |
| 27 | DNOW | Dnow Inc | +0.1% | +111.29% | 加仓 |
| 28 | RHI | Robert Half Inc | +0.1% | +2657.39% | 加仓 |
| 29 | HUBG | Hub Group Inc-cl A | +0.1% | +27.29% | 加仓 |
| 30 | HRMY | Harmony Biosciences Holdings | +0.1% | +240.26% | 加仓 |
| 31 | LMB | Limbach Holdings Inc | +0.1% | +83.72% | 加仓 |
| 32 | TNDM | Tandem Diabetes Care Inc | +0.1% | +27.50% | 加仓 |
| 33 | BBT | Beacon Financial CORP | +0.1% | +2252.47% | 加仓 |
| 34 | CENX | Century Aluminum Company | +0.1% | +111.70% | 加仓 |
| 35 | SUPN | Supernus Pharmaceuticals Inc | +0.1% | +385.07% | 加仓 |
| 36 | ESPR | Esperion Therapeutics Inc | +0.1% | +57.03% | 加仓 |
| 37 | RGLD | Royal Gold Inc | +0.1% | +501.87% | 加仓 |
| 38 | TTI | Tetra Technologies Inc | +0.1% | +2.67% | 加仓 |
| 39 | IDT | Idt Corp-class B | +0.1% | +474.94% | 加仓 |
| 40 | ACVA | Acv Auctions Inc-a | +0.1% | +141.72% | 加仓 |
| 41 | ABX | Abacus Global Management Inc | +0.1% | +8.28% | 加仓 |
| 42 | UFCS | United Fire Group Inc | +0.1% | +236.38% | 加仓 |
| 43 | BFST | Business First Bancshares | +0.1% | +27.05% | 加仓 |
| 44 | SII | Sprott Inc | +0.1% | -6.14% | 减仓 |
| 45 | ✓ | Intl Gnrl Insurance Hldngs L | +0.1% | -0.71% | 减仓 |
| 46 | BRC | Brady Corporation - Cl A | +0.1% | +9.85% | 加仓 |
| 47 | DSP | Viant Technology Inc-a | +0.1% | +72.29% | 加仓 |
| 48 | COHU | Cohu Inc | +0.1% | +0.41% | 加仓 |
| 49 | BBIO | Bridgebio Pharma Inc | +0.1% | — | 不变 |
| 50 | ATMU | Atmus Filtration Technologie | +0.1% | +2.73% | 加仓 |
根据 SEC 官方 Form 13F 申报备案，Royce & Associates LP 在 Q4 2025 季度的美股持仓总市值约为 US$124.2亿，共申报了 761 个公开持股仓位。
在 Q4 2025 季度，Royce & Associates LP 按市值排列的前三大核心持股分别为：ACA (1.3%)、KWR (1.1%)、JBTM (1.0%)。其中最大持股仓位 ACA 占据整体投资组合约 1.3% 的权重。
精选 AlphaSMO 大户持股与内部人交易深度分析，提升投资决策胜率
完整解读 Form 13F 申报规范、1 亿美元门槛与 45 天延迟申报机制，学会如何追踪顶级对冲基金与机构法人持仓动向。
本季最大新建仓标的
JJSF
市值: US$2959.6万
本季最大获利了结 / 清仓标的
CRL
前期市值: US$1319.9万
在 Q4 2025 季度中，Royce & Associates LP 共进行了 198 项持仓异动，包含新建仓 22 个仓位、加仓 70 个仓位、减仓 84 个仓位以及清仓 22 个仓位。 其中最大新建仓标的为 JJSF。 本季清仓仓位包含 CRL。
本页面所有持股数据均直接同步自美国证券交易委员会（SEC）EDGAR 官方系统之 13F-HR / 13F-HR/A 季度申报文件。AlphaSMO 通过机器解析 CUSIP 与个股对照，提供 100% 精准对齐的历史时序数据集，并支持 Schema.org 结构化数据格式。
解析公司高管、董事与 10% 大股东之 Form 4 内部人交易申报，掌握高管自家股票买卖第一手信号。
深入剖析 5% 股权申报门槛、13D 与 13G 之差异，以及最新 SEC 申报时程规范，洞察机构法人的激进投资动向。