Valley Forge Capital Management, LP
Annual return '25
+10.4%
SPY '25
+17.7%
Alpha
-7.3ptsvs SPY
Invested
$3.4B
Holdings
8
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 100%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$FICO
FAIR ISAAC CORP
Q1 2026: New position (769.3k shares)
26.1%
02
$SPGI
S&P GLOBAL INC
Q1 2026: Increased +660830.1% (266 → 1.76M shares)
23.7%
03
$MA
MASTERCARD INCORPORATED
Q1 2026: Increased +44013.2% (3.4k → 1.49M shares)
23.6%
04
$MCO
MOODYS CORP
Q1 2026: Increased +169422.3% (777 → 1.32M shares)
18.2%
05
$V
VISA INC
Q1 2026: Increased +18334.5% (3.2k → 598.8k shares)
5.7%
06
$INTU
INTUIT
Q1 2026: Increased +14858.2% (1.3k → 189.1k shares)
2.6%
07
$MSCI
MSCI INC
Q4 2025: Exited (was 59.7k shares)
0.8%
08
$EFX
EQUIFAX INC
Q4 2025: Exited (was 144.0k shares)
0.7%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 10:42 UTC.