13F filing recap · Q2 2022

What did Valley Forge Capital Management buy in Q2 2022?

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

Stock value

$2.24B

Positions

Estimated turnover

14.8%

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

AZPNAspen Technology Inc$32.23Mreported value+175.5K shares

Increased positions

MAMastercard Inc$496.70Mreported value+32.6K shares+2.1%SPGIS&P Global Inc.$436.58Mreported value+105.9K shares+8.9%FICOFair Isaac Corp$386.09Mreported value+63.9K shares+7.1%MCOMoody’s Corporation$315.21Mreported value+78.1K shares

Exited positions

AZPNAspen Technology Inc$69.09Mprior reported value-417.8K shares-100.0%