Valley Forge Capital Management, LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Valley Forge Capital Management, LP disclosed 9 US equity positions worth $4.4bn in its Q4 2025 13F filing. The largest position was FICO at 29.5% of the reported book, followed by SPGI and MA. Against the Q3 2025 filing, it opened 0 new positions, added to 2 and reduced 1 among the top 9 holdings.
What did Valley Forge Capital Management, LP own in Q4 2025? Top 9 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | FICO FAIR ISAAC CORP | Technology | 29.5% | $1.3bn | 769,424 | 0% | held |
| 2 | SPGI S&P GLOBAL INC | Financial Services | 20.8% | $918.8m | 1,758,179 | 0% | held |
| 3 | MA MASTERCARD INCORPORATED | Financial Services | 19.2% | $849.1m | 1,487,409 | 0% | held |
| 4 | MCO MOODYS CORP | Financial Services | 15.3% | $672.9m | 1,317,292 | 0% | held |
| 5 | V VISA INC | Financial Services | 7.3% | $321.4m | 916,410 | 0% | held |
| 6 | INTU INTUIT | Technology | 3.3% | $146.6m | 221,236 | -15% | reduced |
| 7 | ASML ASML HOLDING N V | Technology | 3.1% | $135.1m | 126,242 | 0% | held |
| 8 | MSCI MSCI INC | Financial Services | 0.8% | $34.9m | 60,770 | 2% | added |
| 9 | EFX EQUIFAX INC | Industrials | 0.7% | $31.8m | 146,352 | 2% | added |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.