13F filing recap · Q2 2026

What did Valley Forge Capital Management buy in Q2 2026?

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

Stock value

$3.12B

Positions

Estimated turnover

14.6%

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.

Quarter in review

Valley Forge Capital Management trimmed its positions in Fair Isaac, S&P Global, Mastercard, and Visa during the quarter.

Reduced positions

FICOFair Isaac Corp$803.11Mreported value-97.2K shares-12.6%SPGIS&P Global Inc.$620.68Mreported value-234.0K shares-13.3%MAMastercard Inc$547.46Mreported value-421.6K shares-28.3%VVisa Inc.$158.84Mreported value-135.8K shares-22.7%