Valley Forge Capital portfolio: Q2 2026 13F
Every US-listed position Valley Forge Capital reported in its 13F for Q2 2026, the quarter ended Jun 30, 2026, filed with the SEC on Aug 14, 2026. 7 positions at the quarter end, with none opened or closed during it.
Holdings at Q2 2026
| Ticker | Company | Allocation | Value | Shares | Change |
|---|---|---|---|---|---|
| FICO | Fair Isaac Corp | 25.77% | $803.11M | 672,186 | Trimmed |
| SPGI | S&P Global Inc. | 19.92% | $620.68M | 1,524,036 | Trimmed |
| MCO | Moody's Corp | 19.14% | $596.58M | 1,317,188 | Unchanged |
| MA | Mastercard Inc | 17.57% | $547.46M | 1,065,934 | Trimmed |
| ASML | ASML Holding NV | 10.92% | $340.36M | 171,083 | Unchanged |
| V | Visa Inc. | 5.10% | $158.84M | 462,978 | Trimmed |
| INTU | Intuit Inc. | 1.58% | $49.35M | 189,072 | Unchanged |
What changed in Q2 2026
| Action | Ticker | Company | Share change | Value |
|---|---|---|---|---|
| Trimmed | FICO | Fair Isaac Corp | -97,156 | $803.11M |
| Trimmed | SPGI | S&P Global Inc. | -234,038 | $620.68M |
| Trimmed | MA | Mastercard Inc | -421,562 | $547.46M |
| Trimmed | V | Visa Inc. | -135,775 | $158.84M |
About these holdings
The 13F on record for Valley Forge Capital (Valley Forge Capital Management), filed on Aug 14, 2026, reports 7 positions as of Jun 30, 2026. The largest is Fair Isaac Corp (FICO) at 25.8% of the reported portfolio, followed by S&P Global Inc. (SPGI, 19.9%) and Moody's Corp (MCO, 19.1%). The three largest make up 64.8% of it. Against the previous quarter, it trimmed 4.
Fair Isaac Corp (FICO), the largest position, is also held by 6 other investors tracked here. Of those, Chuck Akre, AKO Capital, Terry Smith and Yacktman Asset Mgmt hold the most of it as a share of their own portfolios.
Other investors
Clifford SosinGuy SpierGreg AlexanderNelson PeltzNorbert LouLi LuMohnish PabraiJohn Paulson