13F filing recap · Q2 2021

What did Valley Forge Capital Management buy in Q2 2021?

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

Stock value

$2.57B

Positions

Estimated turnover

14.1%

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.

Increased positions

MAMastercard Inc$493.90Mreported value+10.7K shares+0.8%FICOFair Isaac Corp$337.55Mreported value+5.5K shares+0.8%AMZNAmazon.com Inc$270.79Mreported value+76.9K shares+4173.3%ADBEAdobe Inc.$113.72Mreported value+7.0K shares+3.7%ADSKAutodesk, Inc.$74.03Mreported value+100 shares+0.0%

Exited positions

AZPNAspen Technology Inc$55.88Mprior reported value-387.2K shares-100.0%