Robert Torray - Torray Fund 13F Activity & Position Changes (Q2 2014)

As of Jun 30, 2014, the Torray Fund portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 01, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q2 2014, the filing reported:

New Buys - Affiliated Managers Group, Inc., Qualys, Inc., World Kinect Corporation

Increases - Apple Inc., Accenture plc, Adobe Inc., Akamai Technologies, Inc., American Tower Corporation (REI, and 28 more

Reductions - General Dynamics Corporation, Intel Corporation, Johnson & Johnson, Schlumberger N.V., Wells Fargo & Company

Complete Exits - Consolidated Edison, Inc., JP Morgan Chase & Co., Vertex Pharmaceuticals Incorpor

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2014	AAPL Apple Inc.	Apple Inc.	Buy	+265,292	+1438.5%	$26.37K	283,734
Q2 2014	ACN Accenture plc	Accenture plc	Buy	+168,570	+165.7%	$21.85K	270,285
Q2 2014	ADBE Adobe Inc.	Adobe Inc.	Buy	+121,615	+171.2%	$13.94K	192,641
Q2 2014	AKAM Akamai Technologies, Inc.	Akamai Technologies, Inc.	Buy	+181,040	+169.7%	$17.57K	287,715
Q2 2014	AMG Affiliated Managers Group, Inc.	Affiliated Managers Group, Inc.	Buy - Position Entry	+1,385	-	$284.00	1,385
Q2 2014	AMT American Tower Corporation (REI	American Tower Corporation (REI	Buy	+159,400	+158.7%	$23.38K	259,812
Q2 2014	APH Amphenol Corporation	Amphenol Corporation	Buy	+116,503	+144.7%	$18.98K	197,010
Q2 2014	AXP American Express Company	American Express Company	Buy	+284	+0.2%	$11.32K	119,284
Q2 2014	BAX Baxter International Inc.	Baxter International Inc.	Buy	+171,790	+65.8%	$31.30K	432,942
Q2 2014	BEN Franklin Resources, Inc.	Franklin Resources, Inc.	Buy	+210,170	+154.1%	$20.04K	346,515
Q2 2014	BMRN BioMarin Pharmaceutical Inc.	BioMarin Pharmaceutical Inc.	Buy	+210,380	+324.6%	$17.12K	275,185
Q2 2014	CHD Church & Dwight Company, Inc.	Church & Dwight Company, Inc.	Buy	+765	+24.1%	$276.00	3,940
Q2 2014	CL Colgate-Palmolive Company	Colgate-Palmolive Company	Buy	+196,740	+151.8%	$22.25K	326,324
Q2 2014	CMI Cummins Inc.	Cummins Inc.	Buy	+74,270	+149.9%	$19.11K	123,823
Q2 2014	CPRT Copart, Inc.	Copart, Inc.	Buy	+680	+11.4%	$238.00	6,620
Q2 2014	DHR Danaher Corporation	Danaher Corporation	Buy	+204,558	+164.3%	$25.91K	329,098
Q2 2014	ED Consolidated Edison, Inc.	Consolidated Edison, Inc.	Sell - Position Exit	-7,750	-100.0%	$0.00	-
Q2 2014	ENB Enbridge Inc	Enbridge Inc	Buy	+304,560	+138.2%	$24.92K	525,000
Q2 2014	EOG EOG Resources, Inc.	EOG Resources, Inc.	Buy	+143,228	+140.2%	$28.67K	245,356
Q2 2014	FI Fiserv, Inc.	Fiserv, Inc.	Buy	+252,272	+160.2%	$24.72K	409,773
Q2 2014	FLS Flowserve Corporation	Flowserve Corporation	Buy	+315	+11.4%	$229.00	3,080
Q2 2014	FMC FMC Corporation	FMC Corporation	Buy	+194,850	+184.9%	$21.37K	300,238
Q2 2014	GD General Dynamics Corporation	General Dynamics Corporation	Sell	-17,500	-14.9%	$11.61K	99,600
Q2 2014	GILD Gilead Sciences, Inc.	Gilead Sciences, Inc.	Buy	+126,045	+174.0%	$16.45K	198,464
Q2 2014	HXL Hexcel Corporation	Hexcel Corporation	Buy	+1,005	+21.0%	$237.00	5,785
Q2 2014	INTC Intel Corporation	Intel Corporation	Sell	-55,300	-10.9%	$13.94K	451,200
Q2 2014	JKHY Jack Henry & Associates, Inc.	Jack Henry & Associates, Inc.	Buy	+410	+11.3%	$240.00	4,035
Q2 2014	JNJ Johnson & Johnson	Johnson & Johnson	Sell	-16,300	-12.7%	$11.69K	111,724
Q2 2014	JPM JP Morgan Chase & Co.	JP Morgan Chase & Co.	Sell - Position Exit	-8,700	-100.0%	$0.00	-
Q2 2014	MIDD The Middleby Corporation	The Middleby Corporation	Buy	+1,970	+247.8%	$229.00	2,765

Page 1 of 2