Portfolio Concentration Analysis: Dev Kantesaria's Holdings at Valley Forge Capital Management as of June 30, 2026
This analysis details the significant sector focus and top holdings in Dev Kantesaria's portfolio managed by Valley Forge Capital Management.
As of June 30, 2026, the investment portfolio overseen by Dev Kantesaria, Investment Manager at Valley Forge Capital Management, holds a substantial value of $3.12 billion.
The holdings demonstrate a clear concentration in specific sectors and individual stocks. Financial Services forms the bedrock of this portfolio, accounting for 61.72% allocation according to sector breakdowns provided by insiderset.com data analysis tools. Technology is also significantly represented at 27.35%, while one holding has an unknown sector classification.
Within these sectors, several large-cap technology and financial services companies dominate the portfolio's weight. The largest position belongs to FICO, with a stock value of $803 million representing approximately 25.77% of the total assets.
Other major holdings include S&P Global Inc (SPGI) at $621 million or 19.92%, and Moody's Corp (MCO) at $597 million or 19.14%. These three positions alone constitute a significant portion of the portfolio, highlighting its concentrated nature.
The top holdings list also includes notable companies like Mastercard Incorporated (MA) and Visa Inc (V), both falling under the Financial Services sector. The portfolio shows changes in these holdings, with Mastercard experiencing no change in shares while Visa saw a decrease of 283,400 shares (-28.34%) and $159 million in value.
The concentration is further evident when examining all top holdings by weight: FICO (25.77%), S&P Global Inc (SPGI) (19.92%), Moody's Corp (MCO) (19.14%), Mastercard Incorporated (MA) (17.57%), Intuit (INTU) (1.58%), and Asml Holding NV (ASML) (10.92%). This indicates a strategic focus on large, established corporations primarily within the Financial Services and Technology domains.
Valley Forge Capital Management's portfolio under Dev Kantesaria is characterized by its significant allocation to major players in Financial Services and Technology sectors as of June 30, 2026. The top five holdings account for a combined weight of approximately 93.32%.