Robert Torray - Torray Fund Portfolio
| Period Date | Mar 31, 2025 | |
| Filing Date | May 08, 2025 | |
| Total Stocks | 101 | |
| Portfolio Value | $671.28M | |
| Portfolio Value | $671282825 |
Torray Fund Strategy Analysis
Investment Strategy Metrics
Key metrics revealing investment style, risk management, and performance characteristics
| Metric | Value | Category | Description |
|---|---|---|---|
| Holding Period | 1.9 years | Style | Average duration positions are maintained |
| Position Count | 112 | Style | Number of active positions in portfolio |
| Position Size | 1.1% | Risk | Typical allocation per position |
| Win Rate | 61.6% | Performance | Percentage of profitable positions |
| Average Return | 6.0% | Performance | Mean return across positions |
| Sharpe Ratio | 0.24 | Performance | Return per unit of risk taken |
Investment Case Study: Fiserv (FI)
6/30/2013 - 7/26/2025
Performance Metrics
Total Return: 300,010.36%
Holding Period: 4409 days
Max Position Size: $27,207,993.00
Position Weight: 2.58%
Key Events
6/30/2013: ENTRY(45,520.00 shares) @ $0.09
9/30/2013: INCREASE(48.00 shares) @ $0.10
12/31/2013: INCREASE(44,013.00 shares) @ $0.06
3/31/2014: INCREASE(67,920.00 shares) @ $0.06
6/30/2014: INCREASE(252,272.00 shares) @ $0.06
9/30/2014: INCREASE(73,290.00 shares) @ $0.06
12/31/2014: INCREASE(22,525.00 shares) @ $0.07
3/31/2015: DECREASE(-15,415.00 shares) @ $0.08
6/30/2015: INCREASE(173,032.00 shares) @ $0.08
9/30/2015: DECREASE(-91,365.00 shares) @ $0.09
12/31/2015: DECREASE(-48,445.00 shares) @ $0.09
3/31/2016: INCREASE(210,499.00 shares) @ $0.10
6/30/2016: DECREASE(-312,698.00 shares) @ $0.11
9/30/2016: DECREASE(-189,880.00 shares) @ $0.10
12/31/2016: DECREASE(-22,654.00 shares) @ $0.11
3/31/2017: DECREASE(-11,827.00 shares) @ $0.12
6/30/2017: DECREASE(-16,305.00 shares) @ $0.12
9/30/2017: DECREASE(-1,619.00 shares) @ $0.13
12/31/2017: DECREASE(-8,516.00 shares) @ $0.13
3/31/2018: INCREASE(152,424.00 shares) @ $0.07
6/30/2018: DECREASE(-23,525.00 shares) @ $0.07
9/30/2018: DECREASE(-8,099.00 shares) @ $0.08
12/31/2018: DECREASE(-11,364.00 shares) @ $0.07
3/31/2019: DECREASE(-33,729.00 shares) @ $0.09
6/30/2019: DECREASE(-6,752.00 shares) @ $0.09
9/30/2019: DECREASE(-13,873.00 shares) @ $0.10
12/31/2019: DECREASE(-169,022.00 shares) @ $0.12
3/31/2020: INCREASE(949.00 shares) @ $0.09
6/30/2020: INCREASE(1,033.00 shares) @ $0.10
9/30/2020: INCREASE(727.00 shares) @ $0.10
12/31/2020: DECREASE(-2,660.00 shares) @ $0.11
3/31/2021: INCREASE(681.00 shares) @ $0.12
6/30/2021: INCREASE(105,812.00 shares) @ $0.11
9/30/2021: INCREASE(41,769.00 shares) @ $0.11
12/31/2021: DECREASE(-734.00 shares) @ $0.10
3/31/2022: INCREASE(7,828.00 shares) @ $0.10
6/30/2022: DECREASE(-12,407.00 shares) @ $0.09
9/30/2022: DECREASE(-143,557.00 shares) @ $0.09
12/31/2022: INCREASE(99,187.00 shares) @ $101.07
3/31/2023: DECREASE(-215.00 shares) @ $113.03
6/30/2023: DECREASE(-860.00 shares) @ $126.15
9/30/2023: DECREASE(-2,158.00 shares) @ $112.96
12/31/2023: INCREASE(528.00 shares) @ $132.84
3/31/2024: DECREASE(-528.00 shares) @ $159.40
6/30/2024: DECREASE(-509.00 shares) @ $149.04
9/30/2024: INCREASE(109.00 shares) @ $179.65
12/31/2024: DECREASE(-25,965.00 shares) @ $205.42
3/31/2025: DECREASE(-6,355.00 shares) @ $220.83
Investment Thesis
Entry Context: Initial position established based on fundamental analysis
Sector Conditions: Favorable market conditions in the sector
Risk Factors:
- Market volatility
- Sector-specific risks
Key Learnings
- Position sizing is critical for portfolio management
- Important to monitor sector exposure