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).

Recently exited names: EQUIFAX INC and MSCI INC.

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).

Recently exited names: EQUIFAX INC and MSCI INC.