Chuck Royce, Royce & Associates Slash Molex Position by 82%
Chuck Royce, Royce & Associates: The number of Molex Incorporated (NASDAQ:MOLXA)'s Class A shares recently went down in the equity portfolio of Chuck Royce's hedge fund Royce & Associates. According to a filing with the Securities and Exchange Commission, Royce disclosed ownership of some 1.7 million Molex Class A shares, versus 9.9 million shares of the same class disclosed in the most recent 13F. This is a decline of a little over 82%. At the current price of Molex's class A stock, the value of the Royce's position amounts to some $64.1 million. Aside from its class A shares, Royce & Associates also holds around 190,300 shares of Molex's common stock.