Valley Forge Capital Management (Dev Kantesaria) latest 13F portfolio: 7 holdings worth $3.1B as of Q2 2026.
Backtested since 2020: mirroring Valley Forge Capital Management's reported 13F equity holdings each quarter would have returned +109.4% versus +182.3%for the S&P 500 (+12.4% annualized). See the Performance tab for the full equity curve.
Investor: Dev Kantesaria
Number of Assets: 7
Reporting Period: Q2 - 2026
Holdings at Report: $3,116,388,059
Return $ Since Report: -$125,333,867
Return % Since Report: -4.02%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Fair Isaac Corp. (FICO) | Equity | -12.63% | 672,186 | 25.77% | $1,194.78 | $949.68 | $803,114,389 | $638,361,600 | -$164,752,789 | -20.51% |
| Moody's Corp. (MCO) | Equity | 0% | 1,317,188 | 19.14% | $452.92 | $468.59 | $596,580,789 | $617,221,125 | +$20,640,336 | +3.46% |
| Intuit Inc. (INTU) | Equity | 0% | 189,072 | 1.58% | $261.00 | $303.19 | $49,347,792 | $57,324,740 | +$7,976,948 | +16.16% |
| S&P Global Inc. (SPGI) | Equity | -13.31% | 1,524,036 | 19.92% | $407.26 | $405.32 | $620,678,901 | $617,722,272 | -$2,956,629 | -0.48% |
| ASML Holding N.V. (ASML) | Equity | 0% | 171,083 | 10.92% | $1,989.44 | $1,679.92 | $340,359,364 | $287,405,753 | -$52,953,611 | -15.56% |
| Mastercard Inc. (MA) | Equity | -28.34% | 1,065,934 | 17.57% | $513.60 | $565.24 | $547,463,702 | $602,508,534 | +$55,044,832 | +10.05% |
| Visa Inc. (V) | Equity | -22.68% | 462,978 | 5.10% | $343.09 | $368.29 | $158,843,122 | $170,510,168 | +$11,667,046 | +7.35% |