Robert Torray's Torray Fund: March 2026 Investment Activity Analysis

Robert Torray, managing the Torray Fund with a total portfolio value of approximately $638 million as of March 31, 2026, demonstrated active management during the quarter, with notable shifts across various sectors. The fund's top holdings show a mix of increased allocations, decreased positions, and one newly initiated stake.

Technology remained a strong focus, with Microsoft (MSFT) leading the gains. Torray increased his position in Microsoft by over 118,000 shares, representing a significant 118.78% increase in the position's value during the quarter. This substantial growth pushed Microsoft's allocation slightly higher within the portfolio. Texas Instruments (TXN) also saw a positive move, with Torray adding shares, increasing its portfolio allocation by approximately 0.35%. Broadcom (AVGO) also benefited from Torray's buying activity, showing modest share increases and a positive percentage change.

In the Energy sector, the picture was more mixed. Phillips 66 (PSX) experienced a notable reduction, with Torray decreasing his position by over 32,000 shares, leading to a substantial 32.47% reduction in its value and allocation. Conversely, Constellation Energy (CEG) saw a dramatic increase, with Torray adding nearly 73,000 shares, resulting in a staggering 375.83% increase in its value and allocation. Chevron Corporation (CVX) also received incremental buying from Torray, albeit on a smaller scale.

Healthcare and Utilities also featured in Torray's activity. Pfizer (PFE) saw a modest increase in shares, while CNA Financial (CNA) experienced a decrease. Notably, ONEOK (OKE) represents a new position initiated by Torray during this quarter, as the position did not exist in the previous period's top holdings data. This suggests a strategic addition to the portfolio.

Royalty Pharma Plc (RPRX) saw a reduction in Torray's position, with a decrease of nearly 5,000 shares. The fund's holdings reflect a dynamic approach, balancing established positions with new additions and strategically reducing others.

For a complete view of Robert Torray's investment activities and the full portfolio composition, please visit the investor profile at https://www.insiderset.com/investor/robert-torray-torray-investment. Detailed information on individual holdings like Microsoft can be found at https://www.insiderset.com/investors/stocks/MSFT.