How many stocks does Valley Forge Capital Management, LP own?

As of Q1 2022, Valley Forge Capital Management, LP holds 10 positions in their 13F portfolio.

What is Valley Forge Capital Management, LP's largest holding?

MA at 21.0% of portfolio, worth $551M.

What is Valley Forge Capital Management, LP's total portfolio value?

$2.6B as of Q1 2022, tracked across 10 holdings.

Is Valley Forge Capital Management, LP a hedge fund?

Valley Forge Capital Management, LP is an institutional investment manager required to file SEC 13F reports. This includes hedge funds, mutual funds, pension funds, and other institutions managing over $100M.

How often does Valley Forge Capital Management, LP report?

13F filings are due quarterly, approximately 45 days after each quarter end.

How has Valley Forge Capital Management, LP's portfolio changed in Q1 2022?

View Valley Forge Capital Management, LP's latest portfolio changes, new positions, and exits for Q1 2022 on HoldingsIntel.

What is Valley Forge Capital Management, LP's investment strategy?

Valley Forge Capital Management, LP is classified as a Concentrated Value fund based on HoldingsIntel's Fund DNA analysis of 6 behavioral dimensions.

Valley Forge Capital Management, LP

Institutional investor · Portfolio as of Q1 2022

Q1 2022

SEC 13F snapshot

Top Holdings10 positions

Checking export access…

Activity:

				Price Trend
MA Mastercard Incorporated	1.5M	$551M	21.0%	—	$323.35	+7.42%	11 qtrssince 2019-Q3	Increased 68
SPGI S&P Global Inc.	1.2M	$487.9M	18.6%	—	$288.63	+29.34%	11 qtrssince 2019-Q3	Increased 68
FICO Fair Isaac Corporation	899,130	$419.4M	16.0%	—	$402.07	+16.02%	11 qtrssince 2019-Q3	Increased 64
MCO Moody's Corporation	1.1M	$364.7M	13.9%	—	$250.56	+29.54%	11 qtrssince 2019-Q3	Increased 67
AMZN Amazon.com, Inc.	81,715	$266.4M	10.1%	—	$170.53	-4.42%	11 qtrssince 2019-Q3	Unchanged 0
V Visa Inc.	973,477	$215.9M	8.2%	—	$185.63	+15.20%	11 qtrssince 2019-Q3	Increased 65
ADBE Adobe Inc.	246,305	$112.2M	4.3%	—	$487.39	-6.52%	8 qtrssince 2020-Q2	Unchanged 0
INTU Intuit Inc.	196,071	$94.3M	3.6%	—	$307.82	+50.27%	11 qtrssince 2019-Q3	Unchanged 0
ASPEN TECHNOLOGY INC(AST)	417,823	$69.1M	2.6%	—	—	—	1 qtr	New 80
ADSK Autodesk, Inc.	224,034	$48M	1.8%	—	$217.58	-1.48%	11 qtrssince 2019-Q3	Decreased 0

$2.6B

AUM

Positions

Q1 2022

Filing

HI rating · 5.0/5

Quarterly 13F Value Change

Reported 13F value ($B)

Reported 13F values and quarter-over-quarter reported value changes; not investment returns.
Quarter	Reported value in US dollars	Reported value change
2020-Q4	$1,076,499,000	16.807743932%
2021-Q1	$2,113,837,000	96.3621889105%
2021-Q2	$2,573,833,000	21.7611859382%
2021-Q3	$2,517,150,000	-2.20227963508%
2021-Q4	$2,644,052,000	5.04149534195%
2022-Q1	$2,628,881,000	-0.573778427958%

Activity profile

$ moved · Q1'22

New28%Increased62%Decreased10%Exited0%

Composition

Equity vs derivatives

Equity100%Puts0%Calls0%

Holding period

Avg 2.4 years

<1Q0%1-4Q0%1-2Y10%2Y+90%

Q1 2022 Summary

Added AST; increased 5, led by MA (+101,159 shares); trimmed 1, led by ADSK (−29,574 shares). Top move: AST (NEW, conviction 80). Portfolio: $2.6B across 10 positions.

Portfolio Allocation

Top holdings by portfolio weight

MA20.96%

SPGI18.56%

FICO15.95%

MCO13.87%

AMZN10.13%

V8.21%

ADBE4.27%

INTU3.59%

AST2.63%

ADSK1.83%