On December 31, 2023, Chuck Royce (Trades, Portfolio)'s firm made a notable adjustment to its investment portfolio by reducing its stake in Universal Stainless & Alloy Products Inc (NASDAQ:USAP). Following the transaction, the firm retained 316,660 shares of USAP, which now represents a 0.06% impact on the portfolio and a 3.48% ownership of the traded company. Charles M. Royce, a venerated figure in the investment community, is renowned for his expertise in small-cap investing.
On December 31, 2023, Chuck Royce (Trades, Portfolio)'s investment firm made a notable addition to its holdings by acquiring 116,5775 shares of SecureWorks Corp (NASDAQ:SCWX), a leading cybersecurity provider. The shares were purchased at a price of $7.38 each, reflecting a belief in the company's value at a total position of 0.09% in the portfolio and 7.14% of the company's outstanding shares. Charles M. Royce, a venerated figure in small-cap investing, has been at the helm of Royce Pennsylvania Mutual Fund since 1972.
Baillie Gifford (Trades, Portfolio), the renowned investment management firm, has recently increased its investment in Nanobiotix SA, a company at the forefront of nanotechnology in cancer treatment. This transaction was executed at a trade price of $5.81 per share, reflecting a 48.18% change in the firm's holdings and a 6.21% ownership in Nanobiotix SA. Despite the significant addition, the trade had a negligible impact on Baillie Gifford (Trades, Portfolio)'s portfolio, with the position accounting for just 0.02% of its total investments.
On December 1, 2023, Baillie Gifford (Trades, Portfolio), a renowned investment management firm, made a significant addition to its investment portfolio by acquiring 5,057,557 shares of Remitly Global Inc (NASDAQ:RELY). This transaction increased the firm's holding in the company by 83.27%, impacting the portfolio by 0.1%. The shares were purchased at a price of $20.93 each, bringing Baillie Gifford (Trades, Portfolio)'s total share count in Remitly Global to 11,131,233, which represents a 6.01% ownership stake and a 0.21% position in the firm's portfolio.
Chuck Royce (Trades, Portfolio), through Royce Pennsylvania Mutual Fund, has recently adjusted the firm's holdings in Resources Connection Inc (NASDAQ:RGP), signaling a strategic move in the portfolio. On December 31, 2023, the firm reduced its position in RGP by 386,922 shares, resulting in a 17.36% decrease in the held shares. This trade has had a minor impact of -0.06% on the overall portfolio, with the firm still holding 1,842,179 shares, which represents a 5.47% stake in the company.