Robert Torray Portfolio Update: March 2026 Investment Changes

Robert Torray's Torray Fund portfolio, valued at approximately $638.1 million as of March 31, 2026, reflects strategic adjustments across various sectors.

Torray increased exposure to technology and utilities, notably adding shares of Microsoft (MSFT) and increasing Constellation Energy (CEG) significantly. Conversely, holdings in energy and financial services saw reductions, including Phillips 66 (PSX) and CNA Financial (CNA).

Key holdings include:

RPRX (Royalty Pharma Plc): A position in the healthcare sector valued at $30.96 million, representing 4.54% of the portfolio. Holdings decreased slightly (-8.17%) compared to the previous period.

AVGO (Broadcom): A technology holding valued at $30.79 million (4.52%). Shares increased by 5.47%.

MSFT (Microsoft): A major technology position valued at $28.77 million (4.22%). Shares increased significantly by 118.78%.

CVX (Chevron Corp): An energy holding valued at $27.95 million (4.10%). Shares increased by 3.28%.

CEG (Constellation Energy): A utilities holding valued at $25.70 million (3.77%). Shares increased substantially by 375.83%.

PSX (Phillips 66): An energy holding valued at $25.69 million (3.77%). Holdings decreased sharply by -32.47%.

TXN (Texas Instruments): A technology holding valued at $23.52 million (3.45%). Shares increased by 5.98%.

PFE (Pfizer): A healthcare holding valued at $21.80 million (3.20%). Holdings increased slightly by 3.12%.

CNA (CNA Financial): A financial services holding valued at $21.60 million (3.17%). Holdings decreased by -6.42%.

OKE (ONEOK): An energy holding valued at $21.57 million (3.16%). Holdings increased by 100%.