Valley Forge Capital Management, LP
Institutional investor · Portfolio as of Q4 2025
Top Holdings9 positions
 Fair Isaac Corporation | 769,424 | $1.3B | 29.5% | $403.67 | +318.81% | 26 qtrssince 2019-Q3 | Increased Unranked |
 S&P Global Inc. | 1.8M | $918.8M | 20.8% | $313.64 | +56.55% | 26 qtrssince 2019-Q3 | Increased 65 |
 Mastercard Incorporated | 1.5M | $849.1M | 19.2% | $323.45 | +75.37% | 26 qtrssince 2019-Q3 | Increased 65 |
 Moody's Corporation | 1.3M | $672.9M | 15.3% | $268.46 | +89.02% | 26 qtrssince 2019-Q3 | Increased 64 |
 Visa Inc. | 916,410 | $321.4M | 7.3% | $187.43 | +85.65% | 26 qtrssince 2019-Q3 | Increased 63 |
 Intuit Inc. | 221,236 | $146.6M | 3.3% | $376.94 | +73.29% | 26 qtrssince 2019-Q3 | Decreased 0 |
 ASML Holding N.V. | 126,242 | $135.1M | 3.1% | $762.83 | +39.39% | 11 qtrssince 2023-Q2 | Increased 59 |
 MSCI Inc. | 60,770 | $34.9M | 0.8% | $585.62 | -8.62% | 5 qtrssince 2024-Q4 | Increased 44 |
 Equifax, Inc. | 146,352 | $31.8M | 0.7% | $250.00 | -28.43% | 5 qtrssince 2024-Q4 | Increased 44 |
| Quarter | Reported value in US dollars | Reported value change |
|---|---|---|
| 2024-Q3 | $4,500,146,048 | 16.3514459935% |
| 2024-Q4 | $4,539,792,227 | 0.880997607125% |
| 2025-Q1 | $4,388,954,111 | -3.32257752024% |
| 2025-Q2 | $4,527,265,517 | 3.15135229264% |
| 2025-Q3 | $4,156,989,872 | -8.17879233302% |
| 2025-Q4 | $4,411,308,632 | 6.11785854262% |
Valley Forge Capital Management, LP manages $4.4B across 9 positions as of Q4 2025. Top holdings: FICO (29.5%), SPGI (20.8%), MA (19.2%). Fund DNA: Concentrated Value. HoldingsIntel Score: 5/5.0.
Increased 8, led by FICO (+1,002 shares); trimmed 1, led by INTU (−39,861 shares). Top move: SPGI (INCREASED, conviction 65). Portfolio: $4.4B across 9 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
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Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
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Accumulation Streaks
Positions with 2+ consecutive quarters of increases - persistent directional conviction.
No active accumulation streaks detected for this filer.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer
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