Dev Kantesaria

Valley Forge Capital Management, LP

as of Jun 30, 2025 · filed Aug 14, 2025 · 45-day reporting lag · historical report

Source filings

13F-HR 0001697868-25-000005

QuarterCompare any two quarters

Portfolio value$4.5B 3.2% vs. previous quarter

Positions90 new · 0 sold

Top 591.6%largest FICO at 31.0%

Largest moveFICOUnchanged · -1.3% 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.

96%held throughout

FICO26

SPGI26

MA26

MCO26

V26

Top 3 moves

FICO−1.3%

MCO+0.6%

INTU+0.4%

No new positions and no positions sold; the largest portfolio-weight shift was FICO losing 1.3% 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

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Reported holdings for Q2 2025

FICOFAIR ISAAC CORPConsumer Discretionary	31.0%-1.3%	Unchanged	768,422	$1827.96	$1.40B
SPGIS&P GLOBAL INCConsumer Discretionary	20.4%+0.1%	Unchanged	1,755,098	$527.29	$925.4M
MAMASTERCARD INC - AFinancials	18.4%-0.1%	Unchanged	1,484,772	$561.94	$834.4M
MCOMOODY'S CORPConsumer Discretionary	14.6%+0.6%	Unchanged	1,314,144	$501.59	$659.2M
VVISA INC-CLASS A SHARESFinancials	7.2%-0.1%	Unchanged	912,017	$355.05	$323.8M
INTUINTUIT INCInformation Technology	4.6%+0.4%	Reduced11.5%	263,312	$787.63	$207.4M
Ticker unavailableASML HOLDING N VUnclassified	2.2%+0.3%	Unchanged	125,627	$801.39	$100.7M
EFXEQUIFAX INCConsumer Discretionary	0.8%	Unchanged	144,000	$259.37	$37.3M
MSCIMSCI INCConsumer Discretionary	0.8%	Unchanged	59,700	$576.74	$34.4M

Dev Kantesaria

Valley Forge Capital Management, LP

as of Jun 30, 2025 · filed Aug 14, 2025 · 45-day reporting lag · historical report

FICOFAIR ISAAC CORPConsumer Discretionary

31.0%-1.3%

Unchanged

768,422

$1827.96

$1.40B

SPGIS&P GLOBAL INCConsumer Discretionary

20.4%+0.1%

Unchanged

1,755,098

$527.29

$925.4M

MAMASTERCARD INC - AFinancials

18.4%-0.1%

Unchanged

1,484,772

$561.94

$834.4M

MCOMOODY'S CORPConsumer Discretionary

14.6%+0.6%

Unchanged

1,314,144

$501.59

$659.2M

VVISA INC-CLASS A SHARESFinancials

7.2%-0.1%

Unchanged

912,017

$355.05

$323.8M

INTUINTUIT INCInformation Technology

4.6%+0.4%

Reduced11.5%

263,312

$787.63

$207.4M

Ticker unavailableASML HOLDING N VUnclassified

2.2%+0.3%

Unchanged

125,627

$801.39

$100.7M

EFXEQUIFAX INCConsumer Discretionary

0.8%

Unchanged

144,000

$259.37

$37.3M

MSCIMSCI INCConsumer Discretionary

0.8%

Unchanged

59,700

$576.74

$34.4M