Royce & Associates Invests $4.36M in Century Aluminum

Hedge fund takes stake in industrial products company

Published on Mar. 5, 2026

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Royce & Associates LP, an investment management firm, has acquired a new stake in Century Aluminum Company (NASDAQ:CENX), purchasing 148,460 shares valued at approximately $4.36 million. This represents around 0.16% ownership of the industrial products company.

Why it matters

The investment by Royce & Associates, a prominent hedge fund, signals potential confidence in Century Aluminum's future prospects. As a major player in the aluminum production industry, Century Aluminum's performance is seen as an indicator of broader trends in the sector.

The details

According to a filing with the Securities and Exchange Commission, Royce & Associates acquired the stake in Century Aluminum during the third quarter. The firm now owns approximately 0.16% of the company's outstanding shares. Century Aluminum is a primary aluminum producer that operates smelting facilities in the United States and Iceland, supplying low-carbon, high-purity aluminum products to industrial and commercial markets.

  • Royce & Associates acquired the stake in the 3rd quarter of 2026.

The players

Royce & Associates LP

An investment management firm that acquired a new stake in Century Aluminum Company.

Century Aluminum Company

A primary aluminum producer that operates smelting facilities in the United States and Iceland, supplying low-carbon, high-purity aluminum products to industrial and commercial markets.

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The takeaway

Royce & Associates' investment in Century Aluminum reflects confidence in the company's ability to navigate industry challenges and capitalize on growing demand for sustainable aluminum products. As a major player in the sector, Century Aluminum's performance will be closely watched by investors and analysts alike.