Valley Forge Capital Management

Managed by Dev Kantesaria. $3.38B disclosed long-equity portfolio across 7 positions.

#StockValue% of Portfolio
1FAIR ISAAC CORP$821.3M24.33%
2S&P GLOBAL INC$747.8M22.15%
3MASTERCARD INCORPORATED$743.2M22.02%
4MOODYS CORP$574.6M17.02%
5ASML HOLDING N V$226.0M6.69%
6VISA INC$181.0M5.36%
7INTUIT$81.8M2.42%

For full quarterly history, transactions, and the investor profile, see Dev Kantesaria's page →

More related to Dev Kantesaria

Valley Forge Capital Management — overview

Dev Kantesaria runs Valley Forge Capital Management. Ultra-concentrated quality compounder investor. Typically holds just 4–6 positions — all dominant, wide-moat businesses — and never sells unless the thesis breaks. As of the Q1 2026 13F filing, the disclosed long-equity portfolio is valued at $3.4B across 7 positions. The largest holdings are FAIR ISAAC CORP, S&P GLOBAL INC, and MASTERCARD INCORPORATED (FAIR ISAAC CORP alone is 24.3% of the book).

Key takeaways

  • Disclosed Q1 2026 portfolio: $3.4B.
  • Top holdings: FAIR ISAAC CORP, S&P GLOBAL INC, and MASTERCARD INCORPORATED.