Valley Forge Capital Management, LPtracked
Open in PORT →Compare →Tear sheet →← all managersCIK 1697868
Reported long US book (13F) · Δ vs 2025-Q4 · methodology
Implied return what this book implies methodology →
As filed = each book applied at quarter-end (what it did) · As copyable = applied at the 45-day filing deadline (what a follower could have earned).
Computing…
Exposures · what it owns, by sector & size (2026-Q1)
By sector
By market cap
By region
By industry group GICS — finer than sector
| Industry group | Weight | Names |
|---|---|---|
| Commercial Services & Supplies | 90.88% | 5 |
| Machinery | 6.69% | 1 |
| Software | 2.42% | 1 |
Top holdings
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | FICO | FAIR ISAAC CORP | Information Technology | 24.33% |
| 2 | SPGI | S&P Global Inc. | Financials | 22.15% |
| 3 | MA | Mastercard Inc | Financials | 22.02% |
| 4 | MCO | MOODYS CORP /DE/ | Financials | 17.02% |
| 5 | ASML | ASML Holding NV | Industrials | 6.69% |
| 6 | V | VISA INC. | Financials | 5.36% |
| 7 | INTU | INTUIT INC. | Information Technology | 2.42% |
7/7 classified; unclassified names are still shown.
Sector allocation over time · how the sector mix & top names shifted each quarter
Sector allocation over 38 reported quarters, 2016-Q4 to 2026-Q1, 17 bands (top holdings within each sector). Latest quarter 2026-Q1: FICO 24.3%, SPGI 22.2%, MA 22.0%, MCO 17.0%, ASML 6.7%. Use the arrow keys to read a quarter.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 100.0% of the book is classified (unclassified names are still shown).
Style box · size × value-growth placement (2026-Q1), classified on today's fundamentals (not point-in-time) — load into PORT to overlay your own book
Classified: 93.3% of book weight (6/7 names) · unclassified 6.7%.
Contribution holdings-based, any period
Attribution lands once this book has priced history across the window. Try a longer period.
Holdings· 7 positions (2026-Q1) · largest first · Δ vs 2025-Q4
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | FICOFAIR ISAAC CORP | 769,342 | $821M | 24.3% | HOLD |
| 2 | SPGIS&P GLOBAL INC | 1,758,074 | $748M | 22.2% | HOLD |
| 3 | MAMASTERCARD INCORPORATED | 1,487,496 | $743M | 22.0% | HOLD |
| 4 | MCOMOODYS CORP | 1,317,188 | $575M | 17.0% | HOLD |
| 5 | ASMLASML HOLDING N V | 171,083 | $226M | 6.7% | ADD 36% |
| 6 | VVISA INC | 598,753 | $181M | 5.4% | TRIM −35% |
| 7 | INTUINTUIT | 189,072 | $82M | 2.4% | TRIM −15% |
Position trends· top 7 holdings · shares held over 6 quarters
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| FICOFAIR ISAAC CORP | 784K | 768K | 768K | 768K | 769K | 769K | $821M |
| SPGIS&P GLOBAL INC | 1.8M | 1.8M | 1.8M | 1.8M | 1.8M | 1.8M | $748M |
| MAMASTERCARD INCORPORATED | 1.5M | 1.5M | 1.5M | 1.5M | 1.5M | 1.5M | $743M |
| MCOMOODYS CORP | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | $575M |
| ASMLASML HOLDING N V | 126K | 126K | 126K | 126K | 126K | 171K | $226M |
| VVISA INC | 912K | 912K | 912K | 912K | 916K | 599K | $181M |
| INTUINTUIT | 402K | 297K | 263K | 261K | 221K | 189K | $82M |
Green = added, red = trimmed, grey = held; a dash is a quarter with no 13F on file — a gap, not an exit.
Related· where to look next
Where this firm's principals came from, and what its alumni went on to found.
joins filed 13F data only — no style, strategy or performance similarity is claimed · 13F 2026-Q1
Also hold FICO — other Section 13(f) filers reporting a long position in this book's largest tickered holding for 2026-Q1. Lagged quarterly filings (up to 45 days after quarter-end); “% of shares out” is omitted where the reported share count can't carry it.
Filers outside the free window show locked, not hidden.