Torray Investment Partners 13F, Q4 2025
Torray · quarter ending 31 December 2025 · filed 28 January 2026 · SEC CIK 98758
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2025
The 25 largest of 95 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2025 filing.
| Company | Ticker | Value | % of book | vs Q3 2025 |
|---|---|---|---|---|
| Broadcom | AVGO | $31.54M | 4.5% | -3% shares |
| Royalty Pharma Plc | $28.76M | 4.1% | +6% shares | |
| Phillips 66 | PSX | $26.66M | 3.8% | unchanged |
| Hewlett Packard Ent Ser C Conv | HPE 7.625 09/01/27 | $24.96M | 3.6% | +4% shares |
| Texas Instruments | TXN | $24.31M | 3.5% | +23% shares |
| CNA Financial | CNA | $23.56M | 3.4% | unchanged |
| Chevron Corp | CVX | $22.02M | 3.1% | +10% shares |
| Blackstone | BX | $21.51M | 3.1% | unchanged |
| KKR Series D Conv 6.25 | KKR 6.25 03/01/28 D | $21.48M | 3.1% | new |
| Abbvie | ABBV | $21.18M | 3.0% | -9% shares |
| Amgen | AMGN | $21.16M | 3.0% | -11% shares |
| Prologis | PLD | $20.01M | 2.9% | +5% shares |
| Pfizer | PFE | $20.01M | 2.9% | +7% shares |
| UnitedHealth Group | UNH | $19.53M | 2.8% | +4% shares |
| PepsiCo | PEP | $19.47M | 2.8% | +11% shares |
| ONEOK Inc | OKE | $19.11M | 2.7% | new |
| NextEra Energy | NEE | $18.87M | 2.7% | unchanged |
| Marsh | MRSH | $18.12M | 2.6% | +40% shares |
| Amazon.com | AMZN | $16.72M | 2.4% | -3% shares |
| Microsoft | MSFT | $16.42M | 2.4% | -4% shares |
| Alphabet Cl A | GOOGL | $14.80M | 2.1% | -6% shares |
| Intuit | INTU | $14.33M | 2.0% | new |
| Apple | AAPL | $13.61M | 1.9% | -6% shares |
| JPMorgan | JPM | $12.52M | 1.8% | unchanged |
| Casey's General Stores | CASY | $9.57M | 1.4% | -3% shares |
What changed since Q3 2025
Against the Q3 2025 filing, Torray Investment Partners opened 7 new positions, added to 24, trimmed 32, left 32 unchanged and exited 11. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
Exited
- EOGwas $17.13M
- EQIXwas $16.46M
- LEN/Bwas $16.24M
- Eatonwas $10.91M
- FISVwas $5.87M
- Sapienswas $2.51M
- SBACwas $1.47M
- SPSCwas $1.37M
and 3 more
Other quarters
Source: SEC Form 13F-HR, accession 0001193125-26-027064, filed by TORRAY INVESTMENT PARTNERS LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.