TORRAY INVESTMENT PARTNERS LLC — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, TORRAY INVESTMENT PARTNERS LLC initiated 4 new positions, increased allocation to 10 existing positions, trimmed 10 positions, and exited 11 positions entirely. The fund's 13F equity book declined from $0.70B to $0.68B (-2.4% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $0.70BPrior quarter
- $0.68BCurrent quarter
- $-0.02BNet delta
- -2.4%% change
New Position Initiations Q1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Allocation Weight | History |
|---|---|---|---|
| COMCAST CORP NEW | CMCSA | 2.34% | Holders → |
| BIOMARIN PHARMACEUTICALS | BMRN | 0.65% | Holders → |
| GE AEROSPACE | GE | 0.44% | Holders → |
| UNION PACIFIC CORP (UNP) | UNP | 0.03% | Holders → |
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| CONSTELLATION ENERGY | CEG | +2.81% | +383.10% | History → |
| EVOLV TECHNOLOGIES | EVLV | +0.18% | +171.14% | Holders → |
| MICROSOFT CORP | MSFT | +1.87% | +128.89% | History → |
| BLOOM ENERGY | BE | +0.81% | +94.99% | Holders → |
| VERISK ANALYTICS INC | VRSK | +0.12% | +40.45% | Holders → |
| VERASTEM | VSTM | +-0.01% | +38.16% | Holders → |
| SERVICENOW | NOW | +-0.05% | +35.01% | Holders → |
| QUALYS | QLYS | +-0.03% | +29.18% | Holders → |
| ARTHUR J. GALLAGHER | AJG | +0.06% | +25.26% | Holders → |
| HURON CONSULTING GROUP | HURN | +-0.03% | +19.68% | Holders → |
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| AMERICAN EXPRESS CO | AXP | -1.20% | -91.91% | Holders → |
| VANGUARD INDEX FDS | VUG | -0.33% | -71.47% | Holders → |
| KLA | KLAC | -0.20% | -33.22% | Holders → |
| TESLA | TSLA | -0.05% | -32.43% | Holders → |
| PHILLIPS 66 | PSX | -0.05% | -31.74% | History → |
| ISHARES TR | IWF | -0.05% | -30.46% | Holders → |
| ENBRIDGE | ENB | -0.01% | -24.76% | Holders → |
| HOME DEPOT INC | HD | -0.05% | -23.07% | Holders → |
| ENTEGRIS | ENTG | 0.03% | -21.26% | Holders → |
| NATERA | NTRA | -0.12% | -20.92% | Holders → |
Exited Positions Q1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| UNITEDHEALTH GROUP INC | UNH | 2.80% |
| INTUIT | INTU | 2.05% |
| COPART, INC. | CPRT | 0.90% |
| ADOBE INC | ADBE | 0.75% |
| CONSTELLATION SOFTWARE | CNSWF | 0.74% |
| TYLER TECHNOLOGIES INC | TYL | 0.61% |
| CCC INTELLIGENT SOLUTIONS HL | CCC | 0.24% |
| POOL CORP | POOL | 0.11% |
| APPLIED MATLS INC | AMAT | 0.04% |
| ABBOTT LABS | ABT | 0.03% |
| EXPEDIA GROUP INC | EXPE | 0.03% |
Methodology & FAQ
How TORRAY INVESTMENT PARTNERS LLC Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for TORRAY INVESTMENT PARTNERS LLC against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
Which positions did TORRAY INVESTMENT PARTNERS LLC initiate in Q1 2026?
TORRAY INVESTMENT PARTNERS LLC established 4 new positions in Q1 2026: COMCAST CORP NEW (CMCSA, 2.34%), BIOMARIN PHARMACEUTICALS (BMRN, 0.65%), GE AEROSPACE (GE, 0.44%), UNION PACIFIC CORP (UNP) (UNP, 0.03%).
Which existing positions saw the largest allocation increases for TORRAY INVESTMENT PARTNERS LLC in Q1 2026?
The largest portfolio-weight increases in existing positions were: CONSTELLATION ENERGY (CEG, +2.81% weight, +383.10% shares), EVOLV TECHNOLOGIES (EVLV, +0.18% weight, +171.14% shares), MICROSOFT CORP (MSFT, +1.87% weight, +128.89% shares), BLOOM ENERGY (BE, +0.81% weight, +94.99% shares), VERISK ANALYTICS INC (VRSK, +0.12% weight, +40.45% shares), VERASTEM (VSTM, +-0.01% weight, +38.16% shares), SERVICENOW (NOW, +-0.05% weight, +35.01% shares), QUALYS (QLYS, +-0.03% weight, +29.18% shares), ARTHUR J. GALLAGHER (AJG, +0.06% weight, +25.26% shares), HURON CONSULTING GROUP (HURN, +-0.03% weight, +19.68% shares).
Which positions did TORRAY INVESTMENT PARTNERS LLC fully exit in Q1 2026?
TORRAY INVESTMENT PARTNERS LLC fully exited 11 positions in Q1 2026: UNITEDHEALTH GROUP INC (UNH, last-reported weight 2.80%), INTUIT (INTU, last-reported weight 2.05%), COPART, INC. (CPRT, last-reported weight 0.90%), ADOBE INC (ADBE, last-reported weight 0.75%), CONSTELLATION SOFTWARE (CNSWF, last-reported weight 0.74%), TYLER TECHNOLOGIES INC (TYL, last-reported weight 0.61%), CCC INTELLIGENT SOLUTIONS HL (CCC, last-reported weight 0.24%), POOL CORP (POOL, last-reported weight 0.11%), APPLIED MATLS INC (AMAT, last-reported weight 0.04%), ABBOTT LABS (ABT, last-reported weight 0.03%), EXPEDIA GROUP INC (EXPE, last-reported weight 0.03%).
Which existing positions saw the largest allocation reductions for TORRAY INVESTMENT PARTNERS LLC in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: AMERICAN EXPRESS CO (AXP, -1.20% weight, -91.91% shares), VANGUARD INDEX FDS (VUG, -0.33% weight, -71.47% shares), KLA (KLAC, -0.20% weight, -33.22% shares), TESLA (TSLA, -0.05% weight, -32.43% shares), PHILLIPS 66 (PSX, -0.05% weight, -31.74% shares), ISHARES TR (IWF, -0.05% weight, -30.46% shares), ENBRIDGE (ENB, -0.01% weight, -24.76% shares), HOME DEPOT INC (HD, -0.05% weight, -23.07% shares), ENTEGRIS (ENTG, 0.03% weight, -21.26% shares), NATERA (NTRA, -0.12% weight, -20.92% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity.