D
Dev Kantesaria
Valley Forge Capital Management, LP · Holdings as of Mar 31, 2024, filed by May 16, 2024 · US long stock positions only
A few dominant franchises
Reported value
$4B
8 positions shown
Copycat since 2016
4.41x
16% per year
vs SPY
ahead
SPY 3.57x same window
Top position
FICO
30% of book
Copying these filings vs SPY $1 at every deadline since 2016
Dev Kantesaria 4.41x
SPY 3.57x
Price returns, dividends excluded on both lines. A copycat of public filings traded at each deadline, not the fund's actual performance.
The book tile = share of the filed book · tap a tile for the ticker · Mar 2024
Symbol Value % of book vs prior quarter
FICO $1.1B
30%
new
MA $715M
20%
new
SPGI $704M
19%
new
MCO $479M
13%
new
INTU $289M
8%
new
V $255M
7%
new
unlisted $63M
2%
new
unlisted $61M
2%
new
Positions built under SEC confidential treatment appear only after the SEC releases them. Cash, foreign listings and shorts never appear in these filings.