Valley Forge Capital Management
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Dev Kantesaria's Valley Forge Capital Management reported 8 stock positions worth $3.7 billion. Its top holding was Fair Isaac (FICO) at 30.0% of the portfolio, followed by Mastercard Class A (MA, 19.5%) and S&P Global (SPGI, 19.2%). Compared with Q4 2023, it reduced 1. The biggest sale was Fair Isaac (FICO, shares −3%).
- Most Recent 13F
- Q2 2026
- Notable People
- Dev Kantesaria
- Location
- MIAMI, FL
- CIK
- 0001697868
- Portfolio Value
- $3.7B (Q1 2024)
- SEC Filing
- 0001697868-24-000005 ↗ filed May 15, 2024
Holdings Value
Holdings 8 stocks · $3.7B
| FICO Fair Isaac Corp. | 30.02% | 880,748 | $1.1B | Reduce -2.5% |
| MA Mastercard Inc. Class A | 19.50% | 1,484,772 | $715.0M | No change |
| SPGI S&P Global Inc. | 19.21% | 1,655,561 | $704.4M | No change |
| MCO Moody's Corp. | 13.06% | 1,218,410 | $478.9M | No change |
| INTU Intuit Inc. | 7.89% | 444,881 | $289.2M | No change |
| V Visa Inc. Class A | 6.94% | 912,017 | $254.5M | No change |
| AZPN Aspen Technology Inc. | 1.72% | 295,485 | $63.0M | No change |
| ASML ASML Holding NV-NY Reg SHS | 1.66% | 62,903 | $61.0M | No change |
Portfolio Sells Q4 2023 → Q1 2024
| FICO Fair Isaac Corp. | Reduce -2.5% | 30.02% | +0.12 |
Portfolio Buys Q4 2023 → Q1 2024
| 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 |