Q4 2025 · 13F-HR
Valley Forge Capital Management, LPholdings as filed
Filed 2026-02-17 · accession 0001697868-26-000001
$4.41B
Reported value
9
Positions
2025-12-31
Period end
The Brief · Valley Forge Capital Management, LP · Q4 2025
AI · grounded in 13F
Valley Forge Capital Management, LP increased its position in ASML by 48.95%, the largest share increase of the period. The fund also accumulated shares in V by 48.17% and MCO by 23.95%. Conversely, the fund trimmed its holding in INTU by 15.27%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 303250104 | FICO | FAIR ISAAC CORP | $1.30B | 29.5% | 769,424 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $918.8M | 20.8% | 1,758,179 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $849.1M | 19.2% | 1,487,409 | Common | SOLE |
| 615369105 | MCO | MOODYS CORP | $672.9M | 15.3% | 1,317,292 | Common | SOLE |
| 92826C839 | V | VISA INC | $321.4M | 7.29% | 916,410 | Common | SOLE |
| 461202103 | INTU | INTUIT | $146.6M | 3.32% | 221,236 | Common | SOLE |
| N07059210 | ASML | ASML HOLDING N V | $135.1M | 3.06% | 126,242 | Common | SOLE |
| 55354G100 | MSCI | MSCI INC | $34.9M | 0.79% | 60,770 | Common | SOLE |
| 294429105 | EFX | EQUIFAX INC | $31.8M | 0.72% | 146,352 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.