Valley Forge Capital

Q2 2017 13F · by Dev Kantesaria, founder

As of: Jun 30, 2017
Filed: Aug 14, 2017
US stock: $141M · prev $128M
Positions: 8 · prev 8
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves1 since the prior filing

0.0 pp in · 0.0 pp out

New 0 0.00 pp
Added 1 +0.02 pp
Trimmed 0 0.00 pp
Exited 0 0.00 pp

The book

Very concentrated · behaves like 4 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 0.0% a year

Low
Moderate
High

Top 5 positions91% of US stock

MCO Moody's Corporation held held30.4%
SPGI S&P Global Inc. held held30.3%
MNST Monster Beverage Corporation added+0.02 pp added+0.0218.8%
INTU Intuit Inc held held5.5%
V VISA Inc. held held5.5%

Positions8 in this filing · 0 exited


MCOMoody's Corporation	30.41%	351,415	$43M	held	—	3 q
SPGIS&P Global Inc.	30.34%	292,209	$43M	held	—	3 q
MNSTMonster Beverage Corporation	18.77%	531,249	$26M	added+2%	+0.02 pp	3 q
INTUIntuit Inc	5.52%	58,500	$8M	held	—	3 q
VVISA Inc.	5.47%	82,000	$8M	held	—	3 q
NKENike, Inc.	5.25%	125,084	$7M	held	—	3 q
MAMastercard Incorporated	3.00%	34,750	$4M	held	—	3 q
AZPNAspen Technology Inc	1.25%	31,713	$2M	held	—	3 q

Source

Form: 13F-HR
Reading: 0 defects · 0 unresolved
Accession: 0001697868-17-000004
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet