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

According to the SEC 13F filed on May 15, 2026, the Valley Forge Capital Management portfolio showed several notable changes in holdings as of quarter-end Mar 31, 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, Mastercard Incorporated

Reductions - Fair Isaac Corporation, Intuit Inc., Moody's Corporation, S&P Global 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	+44,841	+35.5%	$225.97M	171,083
Q1 2026	EFX Equifax, Inc.	Equifax, Inc.	Sell - Position Exit	-146,352	-100.0%	$0.00	-
Q1 2026	FICO Fair Isaac Corporation	Fair Isaac Corporation	Sell	-82	-0.0%	$821.30M	769,342
Q1 2026	INTU Intuit Inc.	Intuit Inc.	Sell	-32,164	-14.5%	$81.75M	189,072
Q1 2026	MA Mastercard Incorporated	Mastercard Incorporated	Buy	+87	+0.0%	$743.24M	1,487,496
Q1 2026	MCO Moody's Corporation	Moody's Corporation	Sell	-104	-0.0%	$574.62M	1,317,188
Q1 2026	MSCI MSCI Inc.	MSCI Inc.	Sell - Position Exit	-60,770	-100.0%	$0.00	-
Q1 2026	SPGI S&P Global Inc.	S&P Global Inc.	Sell	-105	-0.0%	$747.78M	1,758,074
Q1 2026	V Visa Inc.	Visa Inc.	Sell	-317,657	-34.7%	$180.97M	598,753