13F filing recap · Q4 2016

What did Valley Forge Capital Management buy in Q4 2016?

Reported stock-position changes between this filing and the previous one.

Stock value

$109.61M

Positions

Estimated turnover

—

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

MCOMoody’s Corporation$33.13Mreported value+351.4K shares SPGIS&P Global Inc.$31.42Mreported value+292.2K shares MNSTMonster Beverage Corp$20.27Mreported value+457.2K shares INTUIntuit Inc.$6.71Mreported value+58.5K shares VVisa Inc.$6.40Mreported value+82.0K shares NKENike, Inc.$6.36Mreported value+125.1K shares MAMastercard Inc$3.59Mreported value+34.8K shares AZPNAspen Technology Inc$1.73Mreported value+31.7K shares