Robert Torray's Torray Fund Q1 2026 Investment Activity Analysis
Robert Torray's Torray Fund experienced significant changes in its top holdings during Q1 2026, with notable increases in Microsoft, Constellation Energy, and Texas Instruments, alongside reductions in Phillips 66 and CNA Financial.
As of March 31, 2026, Robert Torray's Torray Fund has demonstrated active investment management, with significant shifts observed in its top holdings during the quarter. The fund's total portfolio value stands at $638,141,748, with the analysis focusing on the most substantial changes across various sectors.
Technology remains a strong sector focus for Torray Fund, with Microsoft (MSFT) leading the way. The fund increased its stake in Microsoft significantly, adding 42,202 shares, representing a substantial 118.78% increase in holdings. This resulted in a slight increase in its portfolio allocation percentage from 4.22% to 4.22% (note: the allocation percentage remained the same, but the value increased significantly). Investors can explore Microsoft's performance and background further at this link.
Texas Instruments (TXN) also saw a notable increase, with a modest addition of 6,836 shares, a 5.98% rise, maintaining its position in the top ten holdings with a 3.45% allocation. Constellation Energy (CEG) experienced a dramatic surge, with the fund acquiring an additional 72,686 shares, a staggering 375.83% increase, boosting its allocation to 3.77%. Further details on Constellation Energy are available here.
In contrast, the Energy sector showed mixed activity. Phillips 66 (PSX) saw a significant reduction, with the fund selling 67,819 shares, a 32.47% decrease, lowering its allocation to 3.77%. Pfizer (PFE) experienced a modest increase of 23,458 shares (3.12%), maintaining its allocation at 3.20%. Chevron Corp (CVX) saw a small increase of 4,291 shares (3.28%), keeping its allocation steady at 4.10%. More information on these Energy companies can be found at Phillips 66, Pfizer, and Chevron.
The Financial Services sector saw a decrease in CNA Financial (CNA), with the fund reducing its position by 32,270 shares (-6.42%), lowering its allocation to 3.17%. For a detailed view of CNA Financial, visit this link.
Healthcare saw minimal change with Pfizer, while Utilities remained stable with no reported change for ONEOK (OKE) which saw a 100% increase in shares held during the quarter (238,682 shares added), maintaining its 3.16% allocation. No new positions were disclosed in the top holdings, and no positions appear to have been fully exited during this reporting period.
For a comprehensive overview of Robert Torray's investment strategy and holdings, including the full portfolio, please visit the investor profile at Torray Fund.