Valley Forge Capital Management
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Dev Kantesaria's Valley Forge Capital Management reported 7 stock positions worth $3.1 billion. Its top holding was Fair Isaac (FICO) at 25.8% of the portfolio, followed by S&P Global (SPGI, 19.9%) and Moody's (MCO, 19.1%). Compared with Q1 2026, it reduced 4. The biggest sale was Mastercard Class A (MA, shares −28%).
- Most Recent 13F
- Q2 2026
- Notable People
- Dev Kantesaria
- Location
- MIAMI, FL
- CIK
- 0001697868
- Portfolio Value
- $3.1B (Q2 2026)
- SEC Filing
- 0001697868-26-000005 ↗ filed Aug 14, 2026
Holdings Value
Holdings 7 stocks · $3.1B
| FICO Fair Isaac Corp. | 25.77% | 672,186 | $803.1M | Reduce -12.6% |
| SPGI S&P Global Inc. | 19.92% | 1,524,036 | $620.7M | Reduce -13.3% |
| MCO Moody's Corp. | 19.14% | 1,317,188 | $596.6M | No change |
| MA Mastercard Inc. Class A | 17.57% | 1,065,934 | $547.5M | Reduce -28.3% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 10.92% | 171,083 | $340.4M | No change |
| V Visa Inc. Class A | 5.10% | 462,978 | $158.8M | Reduce -22.7% |
| INTU Intuit Inc. | 1.58% | 189,072 | $49.3M | No change |
Portfolio Sells Q1 2026 → Q2 2026
Portfolio Buys Q1 2026 → Q2 2026
| None this quarter. | |||
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 7 | $3.1B | FICO, SPGI, MCO, MA, ASML |
| Q1 2026 | 7 | $3.4B | FICO, SPGI, MA, MCO, ASML |
| Q4 2025 | 9 | $4.4B | FICO, SPGI, MA, MCO, V |
| Q3 2025 | 9 | $4.2B | FICO, SPGI, MA, MCO, V |
| Q2 2025 | 9 | $4.5B | FICO, SPGI, MA, MCO, V |
| Q1 2025 | 9 | $4.4B | FICO, SPGI, MA, MCO, V |
| Q4 2024 | 9 | $4.5B | FICO, SPGI, MA, MCO, V |
| Q3 2024 | 8 | $4.5B | FICO, SPGI, MA, MCO, INTU |
| Q2 2024 | 8 | $3.9B | FICO, SPGI, MA, MCO, INTU |
| Q1 2024 | 8 | $3.7B | FICO, MA, SPGI, MCO, INTU |