Valley Forge Capital Management, LP — 13F Holdings & Portfolio

CIK 1697868 · latest 13F-HR filed 2026-05-15

Valley Forge Capital Management, LP manages $3.38B in 13F-reported U.S. long-equity assets across 7 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are FICO (24.33%), SPGI (22.15%), MA (22.02%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 0 new positions, exited 2, added to 1, and trimmed 6.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM

$3.38B

Long-equity book

Holdings

7

Distinct positions

Period

2026-03-31

Filed 2026-05-15

Q/Q Activity

+0 / −2 / ↑1 / ↓6

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • ASML HOLDING N V$90.9M +67.3%
Show all 1

Top Trims

  • FAIR ISAAC CORP-$479.5M -36.9%
  • S&P GLOBAL INC-$171.0M -18.6%
  • VISA INC-$140.4M -43.7%
  • MASTERCARD INCORPORATED-$105.9M -12.5%
  • MOODYS CORP-$98.3M -14.6%
Show all 6

New Positions

  • No new positions this quarter.
Show all 0

Exited Positions

  • MSCI INC$34.9M
  • EQUIFAX INC$31.8M
Show all 2
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 FAIR ISAAC CORP FICO 303250104 $821.3M 24.33% 769,342 SH
2 S&P GLOBAL INC SPGI 78409V104 $747.8M 22.15% 1,758,074 SH
3 MASTERCARD INCORPORATED MA 57636Q104 $743.2M 22.02% 1,487,496 SH
4 MOODYS CORP MCO 615369105 $574.6M 17.02% 1,317,188 SH
5 ASML HOLDING N V ASML N07059210 $226.0M 6.69% 171,083 SH
6 VISA INC V 92826C839 $181.0M 5.36% 598,753 SH
7 INTUIT INTU 461202103 $81.8M 2.42% 189,072 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-15 $3.38B 7 0001697868-26-000003
2025-12-31 2026-02-17 $4.41B 9 0001697868-26-000001
2025-09-30 2025-11-14 $4.16B 9 0001697868-25-000006