ROYCE VALUE TR INC

CUSIP: 780910105 Class: COM

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
MORGAN STANLEY6,252,497$100,665
BANK OF AMERICA CORP /DE/5,727,708$92,216
RAYMOND JAMES FINANCIAL INC2,870,323$46,212
LPL Financial LLC2,257,033$36,338
ROYAL BANK OF CANADA1,611,687$25,949
WELLS FARGO & COMPANY/MN1,477,216$23,783
Saba Capital Management, L.P.1,437,153$23,138
STIFEL FINANCIAL CORP783,431$12,613
Janney Montgomery Scott LLC782,755$13
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC652,300$10,502
Waterfront Wealth Inc.642,656$11,291
UBS Group AG624,764$10,059
LAZARD ASSET MANAGEMENT LLC615,825$9,915
RIVERNORTH CAPITAL MANAGEMENT, LLC598,883$9,642
Modern Wealth Management, LLC503,557$8,107
GUGGENHEIM CAPITAL LLC423,810$6,823
Advisors Asset Management, Inc.370,097$5,959
OSAIC HOLDINGS, INC.338,554$5,451
Paller Financial Services Inc317,150$5,106
CAPTRUST FINANCIAL ADVISORS266,910$4,297
Cornerstone Advisors, LLC246,575$3,970
D.A. DAVIDSON & CO.236,535$3,808
ROTHSCHILD INVESTMENT LLC229,703$3,698
OPPENHEIMER & CO INC212,917$3,428
Altium Capital Management LP192,509$3,099
Cypress Capital Management LLC (WY)189,871$3,057
Allspring Global Investments Holdings, LLC188,145$3,029
Private Advisor Group, LLC182,148$2,933
Shaker Financial Services, LLC181,349$2,920
HighTower Advisors, LLC174,499$2,809
RB Capital Management, LLC170,498$2,745
Steward Partners Investment Advisory, LLC166,889$2,687
GENERAL AMERICAN INVESTORS CO INC150,877$2,429
&PARTNERS146,093$2,352
Cetera Investment Advisers130,106$2,095
COMMONWEALTH EQUITY SERVICES, LLC120,283$1,937
Cambridge Investment Research Advisors, Inc.119,872$2
EVOLVE PRIVATE WEALTH, LLC111,350$1,793
INTREPID FAMILY OFFICE LLC103,360$1,664
Mariner, LLC102,121$1,644
Sanctuary Advisors, LLC102,071$1,643
Atlantic Union Bankshares Corp94,893$1,528
WOLVERINE ASSET MANAGEMENT LLC92,701$1,492
Hennion & Walsh Asset Management, Inc.89,077$1,434
Accel Wealth Management86,711$1,396
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD83,901$1,351
KENNEDY INVESTMENT GROUP81,658$1,315
WJ Financial Advisors LLC78,525$1,264
Focused Wealth Management, Inc71,871$1,157
FIRST TRUST ADVISORS LP71,604$1,153
Samalin Investment Counsel, LLC71,596$1,153
COMERICA BANK71,223$1,147
TrueMark Investments, LLC70,779$1,140
Miracle Mile Advisors, LLC65,470$1,054
GABELLI FUNDS LLC62,600$1,008
Prospera Financial Services Inc59,792$963
NewEdge Advisors, LLC57,152$920
Comprehensive Money Management Services LLC56,770$914
Abel Hall, LLC56,300$906
Concorde Asset Management, LLC54,092$871
Triumph Capital Management53,367$859
Stolper Co53,094$1
Waverly Advisors, LLC52,399$844
NWF Advisory Services Inc.52,125$839
Mraz, Amerine & Associates, Inc.52,111$839
WHITENER CAPITAL MANAGEMENT, INC.51,167$824
BENJAMIN EDWARDS INC49,543$798
NATIONS FINANCIAL GROUP INC, /IA/ /ADV49,163$792
Logan Stone Capital, LLC48,819$786
Bay Rivers Group46,975$756
Atlanta Consulting Group Advisors, LLC42,931$691
Apollon Wealth Management, LLC41,571$669
Farther Finance Advisors, LLC41,184$663
MGO ONE SEVEN LLC40,874$658
Delta Wealth Advisors LLC40,866$658
LANDSCAPE CAPITAL MANAGEMENT, L.L.C.39,950$643
BANK OF MONTREAL /CAN/38,860$626
Jefferies Financial Group Inc.37,580$605
MCCARTER PRIVATE WEALTH SERVICES LLC37,020$596
LEVEL FOUR ADVISORY SERVICES, LLC36,769$592
Alexander Randolph Advisory, Inc.33,909$546
PMG Family Office LLC31,851$513
Heritage Wealth Management, Inc.31,505$507
Vontobel Holding Ltd.31,356$505
MERCER GLOBAL ADVISORS INC /ADV30,606$493
Quantedge Capital Pte Ltd29,900$481
David J Yvars Group28,164$454
Baird Financial Group, Inc.27,954$450
JANE STREET GROUP, LLC27,945$450
KESTRA PRIVATE WEALTH SERVICES, LLC27,329$440
ENVESTNET ASSET MANAGEMENT INC26,889$433
1776 Wealth LLC26,308$424
BROWN ADVISORY INC25,778$415
Kestra Advisory Services, LLC25,573$412
J.W. COLE ADVISORS, INC.25,214$393
WEDBUSH SECURITIES INC24,921$0
Mezzasalma Advisors, LLC24,882$401
Moors & Cabot, Inc.24,580$396
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC24,136$389
Uncommon Cents Investing LLC23,874$384
94 other institutions776,778$12,146
Total (194 institutions)35,624,615$558,358