Robert Torray - Torray Fund Investment Strategy & Portfolio Analysis
How Torray Fund allocates capital, manages risk, and constructs its portfolio — based on SEC 13F filings.
According to the SEC 13F filed on Oct 30, 2026, Robert Torray's Torray Fund portfolio reflects a quant / systematic investor approach across 88 reported 13F positions as of quarter-end Sep 30, 2026. Portfolio returns are distributed across holdings, with the top five positions representing approximately 24% of total exposure. Across 88 reported holdings, economic exposure is broadly distributed across technology, healthcare, and financials without dominant single-name concentration. Exposure to high-growth and technology-oriented segments is elevated relative to peers, with performance weighted across healthcare, financials, and utilities. The portfolio exhibits extremely low turnover, reinforcing a patient, conviction-led investment approach. Distinctive traits include Long-Term Holder, Broadly Diversified, Economically Diversified.
Investment Style
Value, growth, quality, and behavioral classification from latest 13F holdings.
Primary type: Quant / Systematic Investor
Traits: Long-Term Holder, Broadly Diversified, Economically Diversified, Structurally Diversified
Turnover profile
Moderate
Holding horizon
Long-Term
Portfolio Construction
Concentration and position sizing in the latest filing.
Portfolio construction is lowly concentrated: top three names represent 15.9% of assets, top five 23.9%, and the largest single position is 6.4%.
Top 3 weight
15.9%
Top 5 weight
23.9%
Top 10 weight
42.2%
Largest position
6.4%
Top holdings: Broadcom Inc., Royalty Pharma plc, Constellation Energy Corporatio, Phillips 66, Accenture plc — view full holdings
Sector Preferences
Where capital is allocated by sector.
Capital is tilted toward Technology and Healthcare, with 12 sectors represented in the latest filing.
Leading sectors: Technology, Healthcare, Financial Services
Risk Framework
Concentration, diversification, and turnover tolerance.
This investor accepts low single-name risk (largest position 6.4%, top ten 42.2%) and high economic diversification (HHI 0.02). Turnover tolerance maps to a moderate profile.
Largest position
6.4%
Top 10 weight
42.2%
Max sector
27.4%
Diversification
High
Strategy Evolution
How the strategy changed between the two most recent filing periods.
Jun 30, 2026 → Sep 30, 2026
- Top-five concentration rose from 21.8% to 23.9%.
- Quarter-over-quarter portfolio weight turnover: 10.5%.
For trade-level changes, see the Activity page. View activity.
Similar Investors
Peer group with comparable portfolio behavior.
Similar-investor comparisons are coming soon.