Hedge Fund · CIK 0001697868

Valley Forge Capital

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Valley Forge Capital, a hedge fund overseeing $4.41B in disclosed equity holdings (SEC CIK 0001697868). The latest 13F filing (2025Q4) discloses 9 positions across 3 sectors, with the largest positions in FICO, SPGI and MA. On a mark-to-market basis the tracked portfolio has declined 22.0% over the past year. OpenStocks tracks 37 consecutive 13F filings for this manager — every position change, new entry, and exit is logged below.

Portfolio
$4.41B
Positions
9
Quarter
2025Q4
Filings tracked
37
1Y-22.0%3Y+54.8%5Y+44.8%Full performance →
1-Yearactual
-21.97%
since 2024Q4
3-Yearactual
+54.76%
since 2022Q4
5-Yearactual
+44.82%
since 2020Q4
10-Year
insufficient history

Performance overview

We mark Valley Forge Capital's disclosed 13F book to current market prices and compare its growth against the S&P 500 (SPY). Valley's portfolio is -22.0% over the last 12 months · 213.5% since 2016Q4.

Portfolio growth vs SPY
Rebased to 100 at 2016Q4 · through 2025Q4
Valley Forge Capital
+3924.7%
SPY
-3308712072327344742016Q42021Q22025Q4
Portfolio line tracks reported 13F AUM (mark-to-market on filing dates). It includes inflows/outflows so it isn't a pure time-weighted return — same convention as Dataroma and StockCircle.
Capital flow per quarter
BuysSellsNet
+$290M+$145M$0-$145M-$290M'22Q1'22Q2'22Q3'22Q4'23Q1'23Q2'23Q3'23Q4'24Q1'24Q2'24Q3'24Q4'25Q1'25Q2'25Q3'25Q4
Latest · 2025Q4
-$17M
Lifetime buys
$1.02B
Lifetime sells
$931M
Portfolio over time
AUMPositions
$0$1.50B$3.00B$4.54B108'22Q1'23Q4'25Q4
QoQ AUM
+6.1%
16Q lifetime AUM
+67.8%
QoQ positions
+0
16Q lifetime positions
-1
Position concentration
8 positions
Top 1
28%
of book