Torray Investment Partners LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 22, 2025), Torray Investment Partners LLC reported 98 stock positions worth $712.6 million. Its top holding was Broadcom (AVGO) at 4.4% of the portfolio, followed by Phillips 66 (PSX, 4.0%) and Royalty Pharma Class A (RPRX, 3.5%). Compared with Q2 2025, it opened 9 new positions, sold out of 10, added to 36 and reduced 37. The biggest buy was a new position in Nextera Energy (NEE) and the biggest sale an exit from General Dynamics (GD).

Most Recent 13F
Q2 2026
Location
Bethesda, MD
CIK
0000098758
Portfolio Value
$712.6M (Q3 2025)
SEC Filing
0001193125-25-246260 ↗ filed Oct 22, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $667.9M Q1 2024 Q2 2024: $669.4M Q2 2024 Q3 2024: $714.6M Q3 2024 Q4 2024: $697.2M Q4 2024 Q1 2025: $671.3M Q1 2025 Q2 2025: $688.8M Q2 2025 Q3 2025: $712.6M $712.6M Q3 2025 Q4 2025: $651.9M Q4 2025 Q1 2026: $638.1M Q1 2026 Q2 2026: $673.4M Q2 2026

Holdings 98 stocks · $712.6M
AVGO Broadcom Inc. 4.37% 94,312 $31.1M Reduce -36.6%
PSX Phillips 66 3.99% 208,850 $28.4M Add +3.0%
RPRX Royalty Pharma PLC Class A 3.48% 702,883 $24.8M Add +2.0%
ABBV Abbvie Inc. 3.30% 101,632 $23.5M Add +6.9%
HD Home Depot Inc. 3.30% 58,013 $23.5M Add +3.2%
BX Blackstone Inc. 3.29% 137,060 $23.4M Add +2.5%
CNA Cna Financial Corp. 3.28% 502,616 $23.4M Add +18.8%
TXN Texas Instruments Inc. 2.95% 114,321 $21.0M Reduce -13.3%
AMGN Amgen Inc. 2.87% 72,530 $20.5M Add +3.8%
CVX Chevron Corp. 2.85% 130,794 $20.3M Add +3.4%
UNH Unitedhealth Group Inc. 2.77% 57,106 $19.7M Add +15.8%
PFE Pfizer Inc. 2.69% 752,997 $19.2M Add +15.7%
AXP American Express Co. 2.69% 57,650 $19.1M No change
MSFT Microsoft Corp. 2.58% 35,530 $18.4M Reduce -3.1%
NEE Nextera Energy Inc. 2.53% 238,438 $18.0M New
PEP Pepsico Inc. 2.42% 122,623 $17.2M New
PLD Prologis Inc. 2.41% 150,036 $17.2M Add +7.5%
EOG EOG Resources Inc. 2.40% 152,761 $17.1M Add +5.7%
AMZN Amazon.com Inc. 2.31% 75,004 $16.5M Reduce -3.8%
EQIX Equinix Inc. 2.31% 21,019 $16.5M New
LEN.B Lennar Corp. Class B 2.28% 135,369 $16.2M Add +4.3%
MRSH Marsh & McLennan Cos 1.98% 70,015 $14.1M No change
AAPL Apple Inc. 1.91% 53,411 $13.6M Reduce -3.9%
BRK.B Berkshire Hathaway Inc. Class B 1.74% 24,624 $12.4M Reduce -33.9%
JPM JPMorgan Chase & Co. 1.72% 38,859 $12.3M Reduce -27.2%
GOOGL Alphabet Inc. Class A 1.71% 50,265 $12.2M Reduce -4.6%
ETN Eaton Corp. PLC 1.53% 29,150 $10.9M Reduce -28.3%
APH Amphenol Corp. Class A 1.42% 81,701 $10.1M Reduce -15.2%
CASY Casey's General Stores Inc. 1.42% 17,864 $10.1M Reduce -3.3%
TSM Taiwan Semiconductor-SP ADR 1.08% 27,661 $7.7M Reduce -4.0%
NOW ServiceNow Inc. 1.07% 8,284 $7.6M Reduce -3.3%
KLAC KLA Corp. 1.07% 7,059 $7.6M Reduce -4.4%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 1.06% 24,387 $7.6M Add +27.9%
ORLY O'reilly Automotive Inc. 1.00% 66,258 $7.1M Reduce -5.1%
V Visa Inc. Class A 0.96% 20,120 $6.9M Reduce -3.2%
VEEV Veeva Systems Inc. Class A 0.91% 21,883 $6.5M Reduce -18.6%
LZAGY Lonza Group AG-Unspon ADR 0.91% 97,095 $6.5M Reduce -3.4%
CPRT Copart Inc. 0.90% 142,329 $6.4M Reduce -0.3%
VRTX Vertex Pharmaceuticals Inc. 0.89% 16,255 $6.4M Reduce -3.7%
CEG Constellation Energy 0.89% 19,340 $6.4M Reduce -4.0%
MS Morgan Stanley 0.89% 39,732 $6.3M Reduce -9.8%
CNSWF Constellation Software Inc. 0.87% 2,287 $6.2M Reduce -4.7%
FISV Fiserv Inc. 0.82% 45,561 $5.9M Reduce -1.9%
ADBE Adobe Inc. 0.81% 16,374 $5.8M Reduce -1.8%
TYL Tyler Technologies Inc. 0.71% 9,693 $5.1M Reduce -3.2%
VRSK Verisk Analytics Inc. 0.62% 17,579 $4.4M Reduce -2.6%
SHW The Sherwin-Williams Co. 0.59% 12,054 $4.2M Reduce -1.4%
VUG Vanguard Mrngstar GR ETF-Sui 0.58% 8,658 $4.2M New
MPWR Monolithic Power Systems Inc. 0.51% 3,957 $3.6M Add +29.6%
RBC RBC Bearings Inc. 0.47% 8,661 $3.4M Add +2.9%
BE Bloom Energy Corp. Class A 0.43% 36,631 $3.1M Reduce -47.2%
BWXT BWX Technologies Inc. 0.41% 15,653 $2.9M Add +3.6%
HALO Halozyme Therapeutics Inc. 0.39% 38,121 $2.8M Reduce -4.8%
DT Dynatrace Inc. 0.39% 56,636 $2.7M Add +20.0%
RYAN Ryan Specialty Holdings Inc. 0.37% 46,228 $2.6M Add +18.2%
SPNS Sapiens International Corp. 0.35% 58,442 $2.5M Add +15.5%
FN Fabrinet 0.34% 6,740 $2.5M New
AXSM Axsome Therapeutics Inc. 0.30% 17,419 $2.1M Add +2.1%
KRYS Krystal Biotech Inc. 0.29% 11,901 $2.1M Add +2.8%
MTD Mettler-Toledo International 0.29% 1,671 $2.1M Add +23.6%
ENTG Entegris Inc. 0.29% 22,147 $2.0M Add +5.5%
NTRA Natera Inc. 0.27% 11,900 $1.9M Add +4.6%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.27% 12,690 $1.9M Add +22.0%
TW Tradeweb Markets Inc. Class A 0.24% 15,615 $1.7M Add +4.4%
POOL Pool Corp. 0.23% 5,294 $1.6M Add +5.6%
CCC CCC Intelligent Solutions Ho 0.21% 167,850 $1.5M Add +18.3%
QLYS Qualys Inc. 0.21% 11,477 $1.5M Add +2.7%
FCN Fti Consulting Inc. 0.21% 9,361 $1.5M Add +57.5%
GOOG Alphabet Inc. Class C 0.21% 6,125 $1.5M Reduce -0.4%
SBAC SBA Communications Corp. 0.21% 7,594 $1.5M Add +5.0%
SPSC SPS Commerce Inc. 0.19% 13,156 $1.4M Add +22.2%
EVLV Evolv Technologies Holdings 0.17% 164,807 $1.2M New
COO The Cooper Cos Inc. 0.16% 16,316 $1.1M Add +4.2%
TSLA Tesla Inc. 0.12% 1,850 $823K New
HURN Huron Consulting Group Inc. 0.11% 5,400 $793K New
JNJ Johnson & Johnson 0.11% 4,221 $783K No change
URI United Rentals Inc. 0.09% 660 $630K No change
ENB Enbridge Inc. 0.08% 11,845 $598K Reduce -10.9%
COST Costco Wholesale Corp. 0.08% 628 $581K Reduce -1.3%
NVDA Nvidia Corp. 0.08% 3,055 $570K Add +28.6%
NOC Northrop Grumman Corp. 0.08% 887 $540K No change
IWF iShares Russell 1000 Growth 0.07% 1,138 $533K No change
RKLB Rocket Lab USA Inc. 0.06% 9,000 $431K No change
RYCEY Rolls-Royce Holdings-SP ADR 0.06% 25,000 $405K Reduce -50.0%
DHR Danaher Corp. 0.05% 1,871 $371K No change
MMM 3M Co. 0.04% 2,000 $310K No change
LLY Eli Lilly & Co. 0.04% 398 $304K No change
RTX RTX Corp. 0.04% 1,689 $283K No change
HON Honeywell International Inc. 0.04% 1,245 $262K No change
MSI Motorola Solutions Inc. 0.04% 566 $259K No change
WFC Wells Fargo & Co. 0.04% 3,000 $251K No change
AMAT Applied Materials Inc. 0.03% 1,200 $246K Reduce -96.2%
VTI VG Morningstar TS MKT ETF-US 0.03% 739 $242K Add +0.3%
ABT Abbott Laboratories 0.03% 1,800 $241K No change
AMT American Tower Corp. 0.03% 1,221 $235K Reduce -58.0%
EW Edwards Lifesciences Corp. 0.03% 2,994 $233K No change
PTC PTC Inc. 0.03% 1,136 $231K New
UNP Union Pacific Corp. 0.03% 850 $201K Reduce -28.6%
Other holdings (1): bonds, preferreds, convertibles and warrants · $24.4M (not counted above)
SecurityClassShares / PrincipalValueChange
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV 359,360$24.4MNew

Total filed on the 13F, all lines: $737.0M.

Portfolio Sells Q2 2025 → Q3 2025
GD General Dynamics Corp. Sold out 0.00% −1.60
AVGO Broadcom Inc. Reduce -36.6% 4.37% −1.58
SNPS Synopsys Inc. Sold out 0.00% −1.25
TXN Texas Instruments Inc. Reduce -13.3% 2.95% −1.02
WRB WR Berkley Corp. Sold out 0.00% −0.94
BRK.B Berkshire Hathaway Inc. Class B Reduce -33.9% 1.74% −0.89
AMAT Applied Materials Inc. Reduce -96.2% 0.03% −0.81
DLR Digital Realty Trust Inc. Sold out 0.00% −0.61
MO Altria Group Inc. Sold out 0.00% −0.58
ETN Eaton Corp. PLC Reduce -28.3% 1.53% −0.57
JPM JPMorgan Chase & Co. Reduce -27.2% 1.72% −0.53
LMT Lockheed Martin Corp. Sold out 0.00% −0.47
CNSWF Constellation Software Inc. Reduce -4.7% 0.87% −0.41
ANSS Ansys Inc. Sold out 0.00% −0.37
FISV Fiserv Inc. Reduce -1.9% 0.82% −0.34
BPMC Blueprint Medicines Corp. Sold out 0.00% −0.31
LNTH Lantheus Holdings Inc. Sold out 0.00% −0.23
VEEV Veeva Systems Inc. Class A Reduce -18.6% 0.91% −0.21
NOW ServiceNow Inc. Reduce -3.3% 1.07% −0.21
VRTX Vertex Pharmaceuticals Inc. Reduce -3.7% 0.89% −0.20
VRSK Verisk Analytics Inc. Reduce -2.6% 0.62% −0.20
AMZN Amazon.com Inc. Reduce -3.8% 2.31% −0.17
TYL Tyler Technologies Inc. Reduce -3.2% 0.71% −0.15
LZAGY Lonza Group AG-Unspon ADR Reduce -3.4% 0.91% −0.13
ADBE Adobe Inc. Reduce -1.8% 0.81% −0.13
CPRT Copart Inc. Reduce -0.3% 0.90% −0.12
V Visa Inc. Class A Reduce -3.2% 0.96% −0.11
MSFT Microsoft Corp. Reduce -3.1% 2.58% −0.07
AMT American Tower Corp. Reduce -58.0% 0.03% −0.06
CEG Constellation Energy Reduce -4.0% 0.89% −0.05
RYCEY Rolls-Royce Holdings-SP ADR Reduce -50.0% 0.06% −0.04
CYBR Cyberark Software Ltd./Israel Sold out 0.00% −0.04
SHW The Sherwin-Williams Co. Reduce -1.4% 0.59% −0.02
MS Morgan Stanley Reduce -9.8% 0.89% −0.01
UNP Union Pacific Corp. Reduce -28.6% 0.03% −0.01
COST Costco Wholesale Corp. Reduce -1.3% 0.08% −0.01
ENB Enbridge Inc. Reduce -10.9% 0.08% −0.00
APH Amphenol Corp. Class A Reduce -15.2% 1.42% +0.04
CASY Casey's General Stores Inc. Reduce -3.3% 1.42% +0.05
GOOG Alphabet Inc. Class C Reduce -0.4% 0.21% +0.05
ORLY O'reilly Automotive Inc. Reduce -5.1% 1.00% +0.09
HALO Halozyme Therapeutics Inc. Reduce -4.8% 0.39% +0.09
KLAC KLA Corp. Reduce -4.4% 1.07% +0.11
TSM Taiwan Semiconductor-SP ADR Reduce -4.0% 1.08% +0.14
BE Bloom Energy Corp. Class A Reduce -47.2% 0.43% +0.19
AAPL Apple Inc. Reduce -3.9% 1.91% +0.25
GOOGL Alphabet Inc. Class A Reduce -4.6% 1.71% +0.37

Portfolio Buys Q2 2025 → Q3 2025
NEE Nextera Energy Inc. New 2.53% +2.53
PEP Pepsico Inc. New 2.42% +2.42
EQIX Equinix Inc. New 2.31% +2.31
ABBV Abbvie Inc. Add +6.9% 3.30% +0.74
VUG Vanguard Mrngstar GR ETF-Sui New 0.58% +0.58
UNH Unitedhealth Group Inc. Add +15.8% 2.77% +0.53
PSX Phillips 66 Add +3.0% 3.99% +0.47
CNA Cna Financial Corp. Add +18.8% 3.28% +0.42
PFE Pfizer Inc. Add +15.7% 2.69% +0.40
BX Blackstone Inc. Add +2.5% 3.29% +0.38
FN Fabrinet New 0.34% +0.34
HD Home Depot Inc. Add +3.2% 3.30% +0.31
LEN.B Lennar Corp. Class B Add +4.3% 2.28% +0.30
PLD Prologis Inc. Add +7.5% 2.41% +0.28
CVX Chevron Corp. Add +3.4% 2.85% +0.22
MPWR Monolithic Power Systems Inc. Add +29.6% 0.51% +0.19
EVLV Evolv Technologies Holdings New 0.17% +0.17
AJG Arthur J Gallagher & Co. Add +27.9% 1.06% +0.17
SPNS Sapiens International Corp. Add +15.5% 0.35% +0.14
TSLA Tesla Inc. New 0.12% +0.12
HURN Huron Consulting Group Inc. New 0.11% +0.11
BWXT BWX Technologies Inc. Add +3.6% 0.41% +0.09
FCN Fti Consulting Inc. Add +57.5% 0.21% +0.07
KRYS Krystal Biotech Inc. Add +2.8% 0.29% +0.06
MTD Mettler-Toledo International Add +23.6% 0.29% +0.06
ENTG Entegris Inc. Add +5.5% 0.29% +0.04
AMGN Amgen Inc. Add +3.8% 2.87% +0.04
AXSM Axsome Therapeutics Inc. Add +2.1% 0.30% +0.04
PTC PTC Inc. New 0.03% +0.03
NVDA Nvidia Corp. Add +28.6% 0.08% +0.03
CCC CCC Intelligent Solutions Ho Add +18.3% 0.21% +0.02
POOL Pool Corp. Add +5.6% 0.23% +0.02
DT Dynatrace Inc. Add +20.0% 0.39% +0.01
RBC RBC Bearings Inc. Add +2.9% 0.47% +0.00
VTI VG Morningstar TS MKT ETF-US Add +0.3% 0.03% +0.00
COO The Cooper Cos Inc. Add +4.2% 0.16% −0.00
JKHY Jack Henry & Associates Inc. Add +22.0% 0.27% −0.01
NTRA Natera Inc. Add +4.6% 0.27% −0.01
QLYS Qualys Inc. Add +2.7% 0.21% −0.02
SPSC SPS Commerce Inc. Add +22.2% 0.19% −0.02
RYAN Ryan Specialty Holdings Inc. Add +18.2% 0.37% −0.02
SBAC SBA Communications Corp. Add +5.0% 0.21% −0.04
TW Tradeweb Markets Inc. Class A Add +4.4% 0.24% −0.07
EOG EOG Resources Inc. Add +5.7% 2.40% −0.11
RPRX Royalty Pharma PLC Class A Add +2.0% 3.48% −0.12

Notes & Other Activity Q2 2025 → Q3 2025
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV New 359,360 $24.4M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 88$673.4MAVGO, RPRX, CEG, CNA, CVX
Q1 2026 86$638.1MRPRX, AVGO, MSFT, CVX, CEG
Q4 2025 93$651.9MAVGO, RPRX, PSX, TXN, CNA
Q3 2025 98$712.6MAVGO, PSX, RPRX, ABBV, HD
Q2 2025 99$688.8MAVGO, TXN, RPRX, PSX, HD
Q1 2025 101$671.3MRPRX, FISV, BRK.B, GOOGL, HD
Q4 2024 101$697.2MGOOGL, FISV, BRK.B, HD, JPM
Q3 2024 102$714.6MGOOGL, FISV, BRK.B, RPRX, HD
Q2 2024 93$669.4MGOOGL, BRK.B, FISV, EOG, RPRX
Q1 2024Amended 92$667.9MBRK.B, GOOGL, FISV, RPRX, PSX