Dev Kantesaria – Valley Forge Capital Management Portfolio Activity & Recent Trades (Jun 30, 2025)

As of Jun 30, 2025, the Valley Forge Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 14, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q2 2025, the filing reported:

New Buys –

None reported

Increases –

None reported

Reductions – Intuit Inc.

Complete Exits –

None reported

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2025	INTU Intuit Inc.	Intuit Inc.	Sell	-34,048	-11.5%	$207.39M	263,312
Q1 2025	FICO Fair Isaac Corporation	Fair Isaac Corporation	Sell	-15,700	-2.0%	$1.42B	768,422
Q1 2025	INTU Intuit Inc.	Intuit Inc.	Sell	-104,921	-26.1%	$182.58M	297,360
Q4 2024	AZPN Aspen Technology, Inc.	Aspen Technology, Inc.	Sell - Position Exit	-295,485	-100.0%	$0.00	-
Q4 2024	EFX Equifax, Inc.	Equifax, Inc.	Buy - Position Entry	+144,000	-	$36.70M	144,000
Q4 2024	FICO Fair Isaac Corporation	Fair Isaac Corporation	Sell	-24,671	-3.1%	$1.56B	784,122
Q4 2024	INTU Intuit Inc.	Intuit Inc.	Sell	-42,600	-9.6%	$252.83M	402,281
Q4 2024	MCO Moody's Corporation	Moody's Corporation	Buy	+25,700	+2.0%	$622.08M	1,314,144
Q4 2024	MSCI MSCI Inc.	MSCI Inc.	Buy - Position Entry	+59,700	-	$35.82M	59,700
Q4 2024	SPGI S&P Global Inc.	S&P Global Inc.	Buy	+49,200	+2.9%	$874.09M	1,755,098
Q3 2024	ASML ASML	ASML	Buy	+62,724	+99.7%	$104.68M	125,627
Q3 2024	FICO Fair Isaac Corporation	Fair Isaac Corporation	Sell	-68,955	-7.9%	$1.57B	808,793
Q3 2024	MCO Moody's Corporation	Moody's Corporation	Buy	+70,034	+5.7%	$611.48M	1,288,444
Q3 2024	SPGI S&P Global Inc.	S&P Global Inc.	Buy	+50,337	+3.0%	$881.30M	1,705,898
Q2 2024	FICO Fair Isaac Corporation	Fair Isaac Corporation	Sell	-3,000	-0.3%	$1.31B	877,748
Q1 2024	FICO Fair Isaac Corporation	Fair Isaac Corporation	Sell	-22,839	-2.5%	$1.10B	880,748
Q4 2023	FICO Fair Isaac Corporation	Fair Isaac Corporation	Sell	-39,461	-4.2%	$1.05B	903,587
Q4 2023	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-4,330	-0.3%	$633.27M	1,484,772
Q4 2023	V Visa Inc.	Visa Inc.	Buy	+7,040	+0.8%	$237.44M	912,017
Q2 2023	ADBE Adobe Inc.	Adobe Inc.	Sell - Position Exit	-246,305	-100.0%	$0.00	-
Q2 2023	ADSK Autodesk, Inc.	Autodesk, Inc.	Sell - Position Exit	-224,034	-100.0%	$0.00	-
Q2 2023	ASML ASML	ASML	Buy - Position Entry	+62,903	-	$45.59M	62,903
Q2 2023	AZPN Aspen Technology, Inc.	Aspen Technology, Inc.	Buy	+120,000	+68.4%	$49.53M	295,485
Q2 2023	SPGI S&P Global Inc.	S&P Global Inc.	Buy	+262,908	+18.9%	$663.70M	1,655,561
Q1 2023	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell - Position Exit	-1,105,393	-100.0%	$0.00	-
Q1 2023	FICO Fair Isaac Corporation	Fair Isaac Corporation	Sell	-20,000	-2.1%	$662.67M	943,048
Q1 2023	INTU Intuit Inc.	Intuit Inc.	Buy	+246,810	+124.6%	$198.34M	444,881
Q1 2023	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-66,565	-4.3%	$541.15M	1,489,102
Q1 2023	V Visa Inc.	Visa Inc.	Sell	-99,800	-9.9%	$204.04M	904,977
Q4 2022	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-528,907	-32.4%	$92.85M	1,105,393