Dev Kantesaria - Valley Forge Capital Management 13F Activity & Position Changes (Q1 2026)

As of Mar 31, 2026, the Valley Forge Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2026. 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 Q1 2026, the filing reported:

New Buys - None reported

Increases - ASML, Fair Isaac Corporation, Mastercard Incorporated, Moody's Corporation, S&P Global Inc.

Reductions - Intuit Inc., Visa Inc.

Complete Exits - Equifax, Inc., MSCI Inc.

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
Q1 2026	ASML ASML	ASML	Buy	+45,456	+36.2%	$225.97M	171,083
Q1 2026	EFX Equifax, Inc.	Equifax, Inc.	Sell - Position Exit	-144,000	-100.0%	$0.00	-
Q1 2026	FICO Fair Isaac Corporation	Fair Isaac Corporation	Buy	+920	+0.1%	$821.30M	769,342
Q1 2026	INTU Intuit Inc.	Intuit Inc.	Sell	-72,025	-27.6%	$81.75M	189,072
Q1 2026	MA Mastercard Incorporated	Mastercard Incorporated	Buy	+2,724	+0.2%	$743.24M	1,487,496
Q1 2026	MCO Moody's Corporation	Moody's Corporation	Buy	+3,044	+0.2%	$574.62M	1,317,188
Q1 2026	MSCI MSCI Inc.	MSCI Inc.	Sell - Position Exit	-59,700	-100.0%	$0.00	-
Q1 2026	SPGI S&P Global Inc.	S&P Global Inc.	Buy	+2,976	+0.2%	$747.78M	1,758,074
Q1 2026	V Visa Inc.	Visa Inc.	Sell	-313,264	-34.3%	$180.97M	598,753