Torray Investment Partners

Latest 13F filing

Q1 2026

filed May 1, 2026

Portfolio value

$681.69M

Positions

Top 10 concentration

38.3%

QoQ change

-2.4%

$-16.69M

Activity vs. Q4 2025

New positions

Added to

Unchanged

Reduced

Exited

Portfolio composition — Q1 2026

?Royalty Pharma Plc4.5%
AVGOBroadcom4.5%
MSFTMicrosoft4.2%
CVXChevron Corp4.1%
CEGConstellation Energy3.8%
PSXPhillips 663.8%
HPE 7.625 09/01/27Hewlett Packard Ent Ser C Conv3.5%
TXNTexas Instruments3.5%
PFEPfizer3.2%
CNACNA Financial3.2%
Other78 more positions61.7%

Top buys

New & added positions, by size

AVGOADD
Broadcom
$30.79M
+9.1%
MSFTADD
Microsoft
$28.77M
+128.9%
CEGADD
Constellation Energy
$25.70M
+383.1%
HPE 7.625 09/01/27ADD
Hewlett Packard Ent Ser C Conv
$24.19M
+0.2%
PEPADD
PepsiCo
$21.11M
+0.2%

Top sells

Reduced & exited positions, biggest cuts first

RCKTEXIT
Rocket Pharmaceuticals
-100.0%
Exited
HPEEXIT
Hewlett Packard Enterprise
-100.0%
Exited
CNSWFEXIT
Constellation Software
-100.0%
Exited
FISVEXIT
Fiserv
-100.0%
Exited
MOEXIT
Altria Group
-100.0%
Exited

Holdings as of Q1 2026

#	Ticker	Issuer	Shares	Value	% Portfolio	Reported price	Action	Δ Shares
1	—	Royalty Pharma Plc	645,425	$30.96M	4.54%	$47.97	REDUCE	-13.3%
2	AVGO	Broadcom	99,470	$30.79M	4.52%	$309.51	ADD	+9.1%
3	MSFT	Microsoft	77,732	$28.77M	4.22%	$370.17	ADD	+128.9%
4	CVX	Chevron Corp	135,085	$27.95M	4.10%	$206.90	REDUCE	-6.5%
5	CEG	Constellation Energy	92,026	$25.70M	3.77%	$279.25	ADD	+383.1%
6	PSX	Phillips 66	141,031	$25.69M	3.77%	$182.18	REDUCE	-31.7%
7	HPE 7.625 09/01/27	Hewlett Packard Ent Ser C Conv	374,999	$24.19M	3.55%	$64.51	ADD	+0.2%
8	TXN	Texas Instruments	121,157	$23.52M	3.45%	$194.14	REDUCE	-13.5%
9	PFE	Pfizer	776,455	$21.80M	3.20%	$28.08	REDUCE	-3.4%
10	CNA	CNA Financial	470,346	$21.60M	3.17%	$45.92	REDUCE	-4.7%
11	OKE	ONEOK	238,682	$21.57M	3.16%	$90.39	REDUCE	-8.2%
12	PEP	PepsiCo	135,967	$21.11M	3.10%	$155.29	ADD	+0.2%
13	ABBV	Abbvie	93,588	$20.35M	2.99%	$217.49	ADD	+1.0%
14	KKR 6.25 03/01/28 D	KKR Series D Conv 6.25	481,176	$19.35M	2.84%	$40.22	ADD	+16.1%
15	AMGN	Amgen	54,012	$19.00M	2.79%	$351.85	REDUCE	-16.5%
16	BX	Blackstone	165,160	$18.99M	2.79%	$114.99	ADD	+18.4%
17	NEE	NextEra Energy	199,478	$18.53M	2.72%	$92.88	REDUCE	-15.1%
18	PLD	Prologis	133,389	$17.63M	2.59%	$132.18	REDUCE	-14.9%
19	MRSH	Marsh	94,329	$16.36M	2.40%	$173.45	REDUCE	-3.4%
20	CMCSA	Comcast Class A	555,067	$15.94M	2.34%	$28.71	NEW	—
21	AMZN	Amazon.com	71,778	$14.95M	2.19%	$208.27	REDUCE	-0.9%
22	GOOGL	Alphabet Cl A	46,370	$13.33M	1.96%	$287.56	REDUCE	-1.9%
23	AAPL	Apple	49,566	$12.58M	1.85%	$253.79	REDUCE	-1.0%
24	CASY	Casey's General Stores	17,121	$12.46M	1.83%	$727.86	REDUCE	-1.1%
25	JPM	JPMorgan	38,859	$11.43M	1.68%	$294.16	—	0%
26	TSM	Taiwan Semiconductor	27,110	$9.16M	1.34%	$337.95	ADD	+0.5%
27	TW	Tradeweb Mkts	76,049	$8.95M	1.31%	$117.66	ADD	+5.6%
28	BE	Bloom Energy	60,031	$8.13M	1.19%	$135.49	ADD	+95.0%
29	APH	Amphenol	63,135	$7.98M	1.17%	$126.35	REDUCE	-1.5%
30	VRTX	Vertex Pharmaceuticals	15,386	$6.87M	1.01%	$446.54	REDUCE	-0.5%
31	KLAC	KLA	4,405	$6.49M	0.95%	$1472.39	REDUCE	-33.2%
32	AJG	Arthur J. Gallagher	29,035	$6.29M	0.92%	$216.58	ADD	+25.3%
33	V	Visa	19,800	$5.98M	0.88%	$302.24	ADD	+0.9%
34	LZAGY	Lonza Group ADR	92,468	$5.90M	0.87%	$63.85	REDUCE	-0.5%
35	ORLY	O'Reilly Automotive	62,372	$5.76M	0.84%	$92.31	REDUCE	-0.8%
36	NOW	ServiceNow	54,854	$5.73M	0.84%	$104.55	ADD	+35.0%
37	MS	Morgan Stanley	30,832	$5.07M	0.74%	$164.57	REDUCE	-1.0%
38	RBC	RBC Bearings	9,080	$4.93M	0.72%	$543.12	REDUCE	-0.6%
39	VRSK	Verisk Analytics	24,387	$4.63M	0.68%	$189.75	ADD	+40.4%
40	BMRN	BioMarin Pharmaceuticals	78,170	$4.42M	0.65%	$56.49	NEW	—
41	VEEV	Veeva Systems	23,758	$4.17M	0.61%	$175.66	ADD	+12.4%
42	MPWR	Monolithic Power Systems	3,707	$4.05M	0.59%	$1093.35	REDUCE	-12.8%
43	SHW	Sherwin Williams	11,613	$3.72M	0.55%	$320.55	REDUCE	-0.2%
44	FN	Fabrinet	7,071	$3.69M	0.54%	$521.52	ADD	+3.6%
45	KRYS	Krystal Biotech	12,032	$3.11M	0.46%	$258.32	ADD	+0.4%
46	GE	GE Aerospace	10,532	$2.99M	0.44%	$283.77	NEW	—
47	DT	Dynatrace	69,971	$2.59M	0.38%	$36.98	ADD	+17.7%
48	BWXT	BWX Technologies	12,560	$2.57M	0.38%	$204.49	REDUCE	-0.8%
49	AXSM	Axsome Therapeutics	14,774	$2.50M	0.37%	$169.02	REDUCE	-0.1%
50	HALO	Halozyme Therapeutics	38,179	$2.47M	0.36%	$64.63	ADD	+0.1%
51	SNDX	Syndax Pharmaceuticals	104,868	$2.45M	0.36%	$23.36	ADD	+7.2%
52	JKHY	Jack Henry & Associates	14,598	$2.31M	0.34%	$158.04	REDUCE	-2.6%
53	RYAN	Ryan Specialty Holdings	68,046	$2.30M	0.34%	$33.74	ADD	+12.7%
54	FCN	FTI Consulting	12,934	$2.29M	0.34%	$176.77	ADD	+3.9%
55	EVLV	Evolv Technologies	353,367	$2.14M	0.31%	$6.05	ADD	+171.1%
56	MTD	Mettler Toledo	1,677	$2.12M	0.31%	$1261.20	ADD	+0.5%
57	ENTG	Entegris	17,941	$2.10M	0.31%	$117.24	REDUCE	-21.3%
58	HURN	Huron Consulting Group	15,578	$1.99M	0.29%	$127.49	ADD	+19.7%
59	NTRA	Natera	9,569	$1.91M	0.28%	$199.99	REDUCE	-20.9%
60	COO	Cooper Companies	25,435	$1.82M	0.27%	$71.50	ADD	+2.5%
61	GOOG	Alphabet Cl C	6,019	$1.73M	0.25%	$286.86	REDUCE	-1.6%
62	QLYS	Qualys	18,178	$1.60M	0.23%	$87.85	ADD	+29.2%
63	VSTM	Verastem	298,958	$1.58M	0.23%	$5.30	ADD	+38.2%
64	BRK/B	Berkshire Hathaway B	2,884	$1.38M	0.20%	$479.20	—	0%
65	HD	Home Depot	3,202	$1.05M	0.15%	$328.89	REDUCE	-23.1%
66	JNJ	Johnson & Johnson	4,141	$1.01M	0.15%	$244.44	REDUCE	-1.9%
67	VUG	Vanguard Index Funds Growth Et	1,836	$801.95K	0.12%	$436.79	REDUCE	-71.5%
68	COST	Costco Wholesale	628	$625.76K	0.09%	$996.43	—	0%
69	NOC	Northrop Grumman	887	$605.15K	0.09%	$682.24	—	0%
70	AXP	American Express	1,965	$594.37K	0.09%	$302.48	REDUCE	-91.9%
71	IWF	iShares Russell 1000 Growth ET	1,386	$590.99K	0.09%	$426.40	REDUCE	-30.5%
72	—	Rocket Lab	9,000	$577.98K	0.08%	$64.22	—	0%
73	NVDA	Nvidia Corporation Com	3,055	$532.79K	0.08%	$174.40	—	0%
74	URI	United Rentals	660	$480.85K	0.07%	$728.56	—	0%
75	TSLA	Tesla	1,250	$464.69K	0.07%	$371.75	REDUCE	-32.4%
76	ENB	Enbridge	8,310	$449.90K	0.07%	$54.14	REDUCE	-24.8%
77	RYCEY	Rolls Royce Holdings	25,000	$385.50K	0.06%	$15.42	—	0%
78	LLY	Eli Lilly & Co	398	$366.07K	0.05%	$919.77	—	0%
79	DHR	Danaher	1,871	$354.74K	0.05%	$189.60	—	0%
80	RTX	RTX	1,689	$325.81K	0.05%	$192.90	—	0%
81	SLB	SLB	5,681	$291.95K	0.04%	$51.39	—	0%
82	MMM	3M Company	2,000	$290.46K	0.04%	$145.23	—	0%
83	HON	Honeywell	1,240	$280.28K	0.04%	$226.03	REDUCE	-0.4%
84	MSI	Motorola Solutions Inc New	566	$245.63K	0.04%	$433.97	—	0%
85	EW	Edwards Lifesciences Corp	2,994	$239.76K	0.04%	$80.08	—	0%
86	WFC	Wells Fargo	3,000	$238.83K	0.04%	$79.61	—	0%
87	VTI	Vanguard Index Funds Total Sto	744	$238.53K	0.03%	$320.60	ADD	+0.3%
88	UNP	Union Pacific	850	$206.23K	0.03%	$242.62	NEW	—

Positions exited in Q1 2026

Ticker	Issuer	Prior shares
RCKT	Rocket Pharmaceuticals	0
HPE	Hewlett Packard Enterprise	0
CNSWF	Constellation Software	2,136
FISV	Fiserv	0
MO	Altria Group	0
GILD	Gilead Sciences	0
AMT	American Tower	0
INTU	Intuit	21,635
SNPS	Synopsys	0
TROW	T. Rowe Price Group	0
ICFI	ICF International	0
MRK	Merck	0
PAYX	Paychex	0
LNTH	Lantheus Holdings	0
LEN/B	Lennar Corp Cl B	0
LMT	Lockheed Martin	0
MA	Mastercard	0
QCOM	Qualcomm	0
PTC	PTC Inc	0
—	CyberArk Software	0
—	Sapiens	0
POOL	Pool	3,422
TYL	Tyler Technologies	9,399
ROP	Roper Technologies	0
SBAC	SBA Communications	0
SPSC	SPS Commerce	0
UNH	UnitedHealth Group	59,153
UHS	Universal Health Services	0
BND	Vanguard Total Bond Market ETF	0
CB	Chubb Limited	0
ETN	Eaton	0
ACN	Accenture	0
COO	Cooper Companies	0
LYB	LyondellBasell Industries	0
ADBE	Adobe	14,892
ABT	Abbott Labs	1,800
ZBRA	Zebra Technologies	0
UPS	United Parcel Service	0
TMO	Thermo Fisher Scientific	0
WRB	W.R. Berkley	0
MTN	Vail Resorts	0
KHC	Kraft Heinz	0
CHD	Church & Dwight	0
EQIX	Equinix	0
CSCO	Cisco Systems	0
IDXX	Idexx Laboratories	0
GD	General Dynamics Corp	0
EOG	EOG Resources	0
DLR	Digital Realty Trust	0
ULTA	Ulta Beauty	0
CPRT	Copart	159,824
KEYS	Keysight Technologies	0
GMAB	Genmab ADR	0
EXPE	Expedia Group	724
CCC	CCC Intel Solutions	210,857
2655787D	Blueprint Medicines	0
AMAT	Applied Materials	1,200
AZPN1USD	Aspen Technology	0
AKX	Ansys	0

Source: SEC EDGAR 13F-HR filing May 1, 2026. Reported prices are derived from the filing's value-to-shares ratio (effectively the quarter-end mark). Filings are published with a 45-day delay. CIK 0000098758.