Torray
Portfolio value$741.3M
Positions91
QuarterQ2 2026ended 2026-06-30
Filed07/302026
Torray Investment Partners LLC's Q2 2026 13F, filed Jul 30, 2026, reports 91 positions worth $741.3M. The ten largest are 34.9% of the book, led by Broadcom at 5.2%, Royalty Pharma Plc at 4.6% and Constellation Energy at 3.6%. Against Q1 2026: 6 bought, 33 added to, 33 reduced, 3 sold; the largest moves were bought Alphabet Convertible Pfd and reduced Hewlett Packard Ent Ser C Conv (−51%).
Where the money is
AVGORPRX81 other
Holdings
| Ticker | Issuer | Weight | Value | Q-end → now | Price vs model | Change |
|---|---|---|---|---|---|---|
| AVGO | Broadcom | 5.2% | $38.3M101,468 sh | 377.75 → −13% | 49% undervalued | added +2% |
| RPRX | Royalty Pharma PLC | 4.6% | $33.8M602,028 sh | 56.07 | — | reduced −7% |
| CEG | Constellation Energy | 3.6% | $26.8M107,742 sh | 248.37 → +9% | 53% overvalued | added +17% |
| CNA | Cna Financial | 3.4% | $25.4M522,241 sh | 48.61 | — | added +11% |
| GOOGL 6.25 05/15/29 A | Alphabet Convertible Pfd | 3.2% | $23.9M469,529 sh | 50.89 | — | bought |
| KKR 6.25 03/01/28 D | Kkr Series D Conv 6.25 | 3.1% | $22.9M573,623 sh | 39.85 | — | added +19% |
| CVX | Chevron Corp | 3.0% | $22.4M135,300 sh | 165.76 → +36% | 9% overvalued | added +0% |
| BX | Blackstone | 3.0% | $22.2M188,812 sh | 117.67 → −9% | 13% undervalued | added +14% |
| AMGN | Amgen | 2.9% | $21.6M59,771 sh | 362.12 → +19% | 1% undervalued | added +11% |
| CMCSA | Comcast Class A | 2.9% | $21.2M863,372 sh | 24.55 → −11% | 83% undervalued | added +56% |
| HPE 7.625 09/01/27 | Hewlett Packard Ent Ser C Conv | 2.9% | $21.2M183,153 sh | 115.66 | — | reduced −51% |
| ACN | Accenture | 2.8% | $20.9M167,690 sh | 124.44 → +85% | 13% undervalued | bought |
| NEE | Nextera Energy | 2.8% | $20.9M237,562 sh | 87.77 → −9% | 18% undervalued | added +19% |
| ABBV | Abbvie | 2.8% | $20.8M82,602 sh | 251.64 → +13% | at model | reduced −12% |
| OKE | Oneok | 2.8% | $20.8M238,831 sh | 86.94 → +7% | 29% undervalued | added +0% |
| PFE | Pfizer | 2.8% | $20.7M859,418 sh | 24.08 → +23% | 3% undervalued | added +11% |
| PSX | Phillips 66 | 2.7% | $19.9M117,795 sh | 169.05 → +73% | 154% overvalued | reduced −16% |
| PEP | Pepsico | 2.7% | $19.8M146,268 sh | 135.40 → −3% | 3% undervalued | added +8% |
| TXN | Texas Instruments | 2.6% | $19.6M65,895 sh | 298.07 → −7% | 131% overvalued | reduced −46% |
| PLD | Prologis | 2.5% | $18.2M134,084 sh | 135.47 → −7% | 4% undervalued | added +1% |
| AMZN | Amazon.com | 2.2% | $16.2M68,062 sh | 238.34 → +5% | 182% overvalued | reduced −5% |
| GOOGL | Alphabet Cl A | 2.2% | $16.1M45,093 sh | 357.37 → −5% | 51% overvalued | reduced −3% |
| BE | Bloom Energy | 2.1% | $15.9M52,565 sh | 302.70 | — | reduced −12% |
| MRSH | Marsh | 2.1% | $15.4M92,694 sh | 166.67 → +13% | 17% undervalued | reduced −2% |
| AAPL | Apple | 1.9% | $14.0M48,366 sh | 289.36 → +19% | 114% overvalued | reduced −2% |
| MSFT | Microsoft | 1.8% | $13.5M36,160 sh | 373.02 → +42% | 10% overvalued | reduced −53% |
| CASY | Casey's General Stores | 1.8% | $13.3M16,784 sh | 794.79 → −13% | 51% overvalued | reduced −2% |
| TSM | Taiwan Semiconductor | 1.7% | $12.6M26,309 sh | 477.57 | — | reduced −3% |
| KLAC | Kla | 1.5% | $11.1M36,890 sh | 301.71 → −45% | 103% overvalued | reduced −16% |
| APH | Amphenol | 1.4% | $10.4M59,235 sh | 88.16 → −10% | 66% overvalued | reduced −6% |
| TW | Tradeweb Mkts | 1.0% | $7.6M75,987 sh | 99.66 | — | reduced −0% |
| VRTX | Vertex Pharmaceuticals | 1.0% | $7.6M15,215 sh | 496.73 → +1% | 1% overvalued | reduced −1% |
| V | Visa | 1.0% | $7.6M22,017 sh | 343.09 → +17% | 40% overvalued | added +11% |
| LZAGY | Lonza Group ADR | 0.8% | $6.2M91,339 sh | 67.50 | — | reduced −1% |
| AJG | Arthur J. Gallagher | 0.8% | $6.0M26,276 sh | 229.57 → +11% | 42% overvalued | reduced −10% |
| RBC | Rbc Bearings | 0.8% | $5.9M9,112 sh | 644.06 | — | added +0% |
| ORLY | O'reilly Automotive | 0.8% | $5.6M60,821 sh | 92.09 → −3% | 25% overvalued | reduced −2% |
| MPWR | Monolithic Power Systems | 0.7% | $5.1M3,715 sh | 1,382.36 → −12% | 222% overvalued | added +0% |
| NOW | Servicenow | 0.7% | $5.1M51,543 sh | 99.28 → +43% | 264% overvalued | reduced −6% |
| KRYS | Krystal Biotech | 0.6% | $4.5M12,156 sh | 371.67 | — | added +1% |
| BMRN | Biomarin Pharmaceuticals | 0.6% | $4.4M77,705 sh | 57.22 | — | reduced −1% |
| VEEV | Veeva Systems | 0.6% | $4.4M24,625 sh | 177.47 → +75% | 157% overvalued | added +4% |
| VRSK | Verisk Analytics | 0.6% | $4.4M24,309 sh | 179.53 → +6% | 11% overvalued | reduced −0% |
| SHW | Sherwin Williams | 0.6% | $4.2M12,175 sh | 344.32 → −3% | 76% overvalued | added +5% |
| GE | Ge Aerospace | 0.6% | $4.1M10,999 sh | 373.73 → −16% | 101% overvalued | added +4% |
| AXSM | Axsome Therapeutics | 0.5% | $3.7M14,928 sh | 244.77 | — | added +1% |
| FN | Fabrinet | 0.5% | $3.4M5,994 sh | 562.08 | — | reduced −15% |
| ENTG | Entegris | 0.4% | $3.2M18,001 sh | 179.86 | — | added +0% |
| HALO | Halozyme Therapeutics | 0.4% | $3.0M38,703 sh | 78.27 | — | added +1% |
| RYAN | Ryan Specialty Holdings | 0.4% | $2.9M77,911 sh | 37.76 | — | added +14% |
| SNDX | Syndax Pharmaceuticals | 0.4% | $2.9M133,835 sh | 21.86 | — | added +28% |
| DT | Dynatrace | 0.4% | $2.9M66,492 sh | 43.91 | — | reduced −5% |
| NTRA | Natera | 0.4% | $2.6M9,730 sh | 271.45 | — | added +2% |
| BWXT | Bwx Technologies | 0.3% | $2.5M12,633 sh | 194.65 | — | added +1% |
| EVLV | Evolv Technologies | 0.3% | $2.3M392,714 sh | 5.80 | — | added +11% |
| ZM | Zoom Communications | 0.3% | $2.1M24,796 sh | 86.31 | — | bought |
| MTD | Mettler Toledo | 0.3% | $2.1M1,671 sh | 1,277.51 → +27% | 148% overvalued | reduced −0% |
| GOOG | Alphabet Cl C | 0.3% | $2.1M6,019 sh | 353.33 → −5% | 49% overvalued | held |
| FCN | Fti Consulting | 0.3% | $2.0M13,500 sh | 149.01 | — | added +4% |
| VSTM | Verastem | 0.2% | $1.8M477,455 sh | 3.82 | — | added +60% |
| NOVT | Novanta | 0.2% | $1.8M11,141 sh | 162.24 | — | bought |
| JKHY | Jack Henry & Associates | 0.2% | $1.8M12,856 sh | 137.74 → +11% | at model | reduced −12% |
| COO | Cooper Companies | 0.2% | $1.7M23,286 sh | 71.71 → −19% | 13% overvalued | reduced −8% |
| BRK/B | Berkshire Hathaway B | 0.2% | $1.4M2,884 sh | 500.39 → +6% | 21% overvalued | held |
| JNJ | Johnson & Johnson | 0.1% | $1.1M4,141 sh | 253.97 → +1% | 36% undervalued | held |
| JPM | Jpmorgan | 0.1% | $968,5692,959 sh | 327.33 → +4% | 11% overvalued | reduced −92% |
| HD | Home Depot | 0.1% | $876,4102,485 sh | 352.68 → −12% | 34% overvalued | reduced −22% |
| URI | United Rentals | 0.1% | $747,707660 sh | 1,132.89 → −9% | 4% undervalued | held |
| AXP | American Express | 0.1% | $664,6611,965 sh | 338.25 → −7% | 23% overvalued | held |
| NVDA | Nvidia Corporation Com | 0.1% | $587,8642,938 sh | 200.09 → +7% | 3% undervalued | reduced −4% |
| COST | Costco Wholesale | 0.1% | $587,475628 sh | 935.47 → +6% | 145% overvalued | held |
| TSLA | Tesla | 0.1% | $525,7501,250 sh | 420.60 → −16% | 1544% overvalued | held |
| MS | Morgan Stanley | 0.1% | $496,8882,377 sh | 209.04 → −14% | 28% overvalued | reduced −92% |
| RYCEY | Rolls Royce Holdings | 0.1% | $481,25025,000 sh | 19.25 | — | held |
| LLY | Eli Lilly & CO | 0.1% | $477,373398 sh | 1,199.43 → +5% | 22% overvalued | held |
| — | Rocket LabCUSIP 773122106 | 0.1% | $457,4254,500 sh | 101.65 | — | reduced −50% |
| NOC | Northrop Grumman | 0.1% | $451,758887 sh | 509.31 → +2% | 41% undervalued | held |
| ENB | Enbridge | 0.1% | $450,4858,310 sh | 54.21 | — | held |
| VUG | Vanguard Index Funds Growth Et | 0.1% | $397,6224,616 sh | 86.14 | — | added +151% |
| DHR | Danaher | 0.0% | $356,3881,871 sh | 190.48 → +20% | 59% overvalued | held |
| MMM | 3m Company | 0.0% | $323,8202,000 sh | 161.91 → +2% | 55% overvalued | held |
| RTX | Rtx | 0.0% | $320,4541,689 sh | 189.73 → +2% | 9% overvalued | held |
| UNH | Unitedhealth Group | 0.0% | $283,875683 sh | 415.63 → −3% | 19% overvalued | bought |
| VTI | Vanguard Index Funds Total Sto | 0.0% | $275,733745 sh | 370.11 | — | added +0% |
| EW | Edwards Lifesciences Corp | 0.0% | $270,8372,994 sh | 90.46 → −4% | 95% overvalued | held |
| SLB | Slb | 0.0% | $264,1105,681 sh | 46.49 → +6% | 22% undervalued | held |
| WFC | Wells Fargo | 0.0% | $247,9203,000 sh | 82.64 → +1% | 6% undervalued | held |
| IWF | Ishares Russell 1000 Growth Et | 0.0% | $244,8631,972 sh | 124.17 | — | added +42% |
| MSI | Motorola Solutions INC New | 0.0% | $235,054566 sh | 415.29 → +12% | 61% overvalued | held |
| UNP | Union Pacific | 0.0% | $231,200850 sh | 272.00 → +6% | 23% overvalued | held |
| BNY | Bank New York Mellon Corp | 0.0% | $229,0621,584 sh | 144.61 → −1% | 57% overvalued | bought |
Source: the manager's Form 13F-HR on SEC EDGAR, kept as immutable quarterly snapshots; changes compare two consecutive filings. A 13F is filed up to 45 days after quarter end and covers US-listed long positions only. Tickers come from a self-maintained CUSIP map; a position without one shows its CUSIP. Method notes in where the numbers come from.