Dev Kantesaria

Valley Forge Capital Management, LP

as of Dec 31, 2022 · filed Feb 14, 2023 · 45-day reporting lag · historical report

Source filings

13F-HR 0001697868-23-000002

QuarterCompare any two quarters

Portfolio value$2.5B 16.9% vs. previous quarter

Positions100 new · 0 sold

Top 586.6%largest FICO at 23.4%

Largest moveAMZNReduced · -5.0% weight shift

Concentration

How much of the portfolio the biggest positions add up to. Hover the curve, or focus it and use the arrow keys, to inspect each rank.

Longest held

One block per imported quarter, oldest at the left. A full row means held in all of them, not that the position began there.

90%held throughout

FICO26

MA26

SPGI26

MCO26

V26

Top 3 moves

AMZN−5.0%

FICO+4.6%

MA+0.7%

No new positions and no positions sold; the largest portfolio-weight shift was AMZN losing 5.0% of portfolio weight.

Holdings

Reported price is value divided by shares, the manager’s quarter-end mark rather than a traded price.

Sorted by portfolio weight, high to low

Sort

Reported holdings for Q4 2022

FICOFAIR ISAAC CORPConsumer Discretionary	23.4%+4.6%	Unchanged	963,048	$598.58	$576.5M
MAMASTERCARD INC - AFinancials	22.0%+0.7%	Reduced1.2%	1,555,667	$347.73	$541.0M
SPGIS&P GLOBAL INCConsumer Discretionary	18.9%+0.2%	Increased7.5%	1,392,653	$334.94	$466.5M
MCOMOODY'S CORPConsumer Discretionary	13.8%+0.4%	Increased5.1%	1,218,410	$278.62	$339.5M
VVISA INC-CLASS A SHARESFinancials	8.5%+0.3%	Increased3.2%	1,004,777	$207.76	$208.8M
AMZNAMAZON.COM INCConsumer DiscretionarySupply chain (as of Q2 2026)	3.8%-5.0%	Reduced32.4%	1,105,393	$84.00	$92.9M
ADBEADOBE INCInformation Technology	3.4%+0.1%	Unchanged	246,305	$336.53	$82.9M
INTUINTUIT INCInformation Technology	3.1%-0.5%	Unchanged	198,071	$389.22	$77.1M
ADSKAUTODESK INCInformation Technology	1.7%-0.3%	Unchanged	224,034	$186.87	$41.9M
AZPN1USDASPEN TECHNOLOGY INCUnclassified	1.5%-0.5%	Unchanged	175,485	$205.40	$36.0M