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Valley Forge Capital Management

Valley Forge Capital Management

Valley Forge Capital Management (Dev Kantesaria) latest 13F portfolio: 7 holdings worth $3.4B as of Q1 2026.

Backtested since 2020: mirroring Valley Forge Capital Management's reported 13F equity holdings each quarter would have returned +117.4% versus +180.1%for the S&P 500 (+13.3% annualized). See the Performance tab for the full equity curve.

Investor:  Dev Kantesaria

Number of Assets:  7

Reporting Period:   Q1 - 2026

Holdings at Report:   $3,375,637,687

Return $ Since Report:   +$206,620,378

Return % Since Report:   +6.12%

13F Holdings

Company
Position
Activity
Shares
Port. %
Rep. Price
Curr. Price
Rep. Value
Curr. Value
Return Value
Return %
ASML Holding N.V. (ASML)
Equity
+35.52%
171,083
6.69%
$1,320.83
$1,642.52
$225,971,559
$281,007,249
+$55,035,690
+24.36%
Fair Isaac Corp. (FICO)
Equity
-0.01%
769,342
24.33%
$1,067.54
$1,045.46
$821,303,359
$804,316,287
-$16,987,072
-2.07%
Visa Inc. (V)
Equity
-34.66%
598,753
5.36%
$302.24
$365.67
$180,967,107
$218,946,010
+$37,978,903
+20.99%
Moody's Corp. (MCO)
Equity
-0.01%
1,317,188
17.02%
$436.25
$483.36
$574,623,265
$636,675,992
+$62,052,727
+10.80%
S&P Global Inc. (SPGI)
Equity
-0.01%
1,758,074
22.15%
$425.34
$416.25
$747,779,195
$731,798,303
-$15,980,893
-2.14%
Mastercard Inc. (MA)
Equity
+0.01%
1,487,496
22.02%
$499.66
$570.97
$743,242,251
$849,315,591
+$106,073,340
+14.27%
Intuit Inc. (INTU)
Equity
-14.54%
189,072
2.42%
$432.38
$318.39
$81,750,951
$60,198,634
-$21,552,317
-26.36%