Valley Forge Capital Management
As of Q2 2026, Valley Forge Capital Management reported 7 long-equity positions worth $3.12B in aggregate.
Copy-investor backtest
- Latest quarter
- +9.40%
- 1-year
- -9.46%
- 3-year
- +36.16%
- 5-year
- +44.89%
- 3-year vs S&P 500
- -37.09%
- 5-year vs S&P 500
- -28.80%
- 5-year top 5
- +43.61%
Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.
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Updated 2026-09-19 from SEC 13F data.
Live quotes available for 11 of 92 rows. Rows without a quote are marked unavailable.
| 1 | NEM | Newmont Mining Corp Com COM | 4.75% | - | 0 | $59.26M | No quote | No quote |
| 2 | GOLD | Barrick Gold Corp Com COM | 4.48% | - | 0 | $55.93M | No quote | No quote |
| 3 | GG | Goldcorp Inc COM | 4.46% | - | 0 | $55.75M | No quote | No quote |
| 4 | MRK | Merck & Co COM | 3.58% | - | 0 | $44.72M | No quote | No quote |
| 5 | VZ | Verizon Communications Com COM | 3.51% | - | 0 | $43.78M | No quote | No quote |
| 6 | ADM | Archer Daniels Midland Com COM | 3.36% | - | 0 | $41.95M | No quote | No quote |
| 7 | KO | Coca Cola COM | 3.35% | - | 0 | $41.85M | No quote | No quote |
| 8 | T | AT&T Inc COM | 3.32% | - | 0 | $41.49M | No quote | No quote |
| 9 | BMY | Bristol-Myers Squibb Co COM | 3.04% | - | 0 | $37.94M | No quote | No quote |
| 10 | ABT | Abbott Labs COM | 3.03% | - | 0 | $37.88M | No quote | No quote |
| 11 | NTTYY | Nippon Teleg & Tel COM | 3.03% | - | 0 | $37.83M | No quote | No quote |
| 12 | PG | Procter and Gamble COM | 2.87% | - | 0 | $35.86M | No quote | No quote |
| 13 | PEP | Pepsico Inc COM | 2.86% | - | 0 | $35.77M | No quote | No quote |
| 14 | JNJ | Johnson & Johnson COM | 2.82% | - | 0 | $35.26M | No quote | No quote |
| 15 | PFE | Pfizer COM | 2.70% | - | 0 | $33.74M | No quote | No quote |
| 16 | CEF | Central Fund* COM | 2.61% | - | 0 | $32.57M | No quote | No quote |
| 17 | INTC | Intel Corp COM | 2.47% | - | 0 | $30.82M | No quote | No quote |
| 18 | MSFT | Microsoft Corp COM | 2.20% | - | 0 | $27.48M | No quote | No quote |
| 19 | WMT | WalMart Stores COM | 2.20% | - | 0 | $27.48M | No quote | No quote |
| 20 | WM | Waste Mgmt Inc Del Com COM | 2.11% | - | 0 | $26.33M | No quote | No quote |
| 21 | VOD | Vodafone COM | 2.10% | - | 0 | $26.27M | No quote | No quote |
| 22 | SO | Southern Company COM | 1.98% | - | 0 | $24.67M | No quote | No quote |
| 23 | K | Kellogg Co COM | 1.93% | New | 0 | $24.11M | No quote | No quote |
| 24 | CVX | Chevron Corp COM | 1.91% | - | 0 | $23.84M | No quote | No quote |
| 25 | ORCL | Oracle Corp Com COM | 1.87% | - | 0 | $23.29M | No quote | No quote |
| 26 | CSCO | Cisco Sys Inc Com COM | 1.80% | - | 0 | $22.45M | No quote | No quote |
| 27 | KMB | Kimberly Clark COM | 1.72% | - | 0 | $21.54M | No quote | No quote |
| 28 | SHAW | Shaw Group Inc. COM | 1.69% | - | 0 | $21.14M | No quote | No quote |
| 29 | GSK | GlaxoSmithKline PLC COM | 1.61% | - | 0 | $20.08M | No quote | No quote |
| 30 | CL | Colgate Palmolive COM | 1.58% | Reduce -100.0% | 0 | $19.79M | No quote | No quote |
| 31 | GE | General Electric COM | 1.55% | - | 0 | $19.34M | No quote | No quote |
| 32 | CCJ | Cameco Corp COM | 1.47% | - | 0 | $18.39M | No quote | No quote |
| 33 | XOM | Exxon Mobil Corporation COM | 1.45% | - | 0 | $18.07M | No quote | No quote |
| 34 | TRV | The Travelers Co COM | 1.44% | New | 0 | $17.99M | No quote | No quote |
| 35 | PAYX | Paychex Inc COM | 1.36% | - | 0 | $17.01M | No quote | No quote |
| 36 | COP | ConocoPhillips COM | 1.33% | - | 0 | $16.66M | No quote | No quote |
| 37 | EWJ | iShares MSCI Japan COM | 1.31% | - | 0 | $16.42M | No quote | No quote |
| 38 | UNH | United Healthcare Corp COM | 1.30% | - | 0 | $16.23M | No quote | No quote |
| 39 | EXC | Exelon Corporation COM | 1.22% | - | 0 | $15.21M | No quote | No quote |
| 40 | DE | Deere & Co COM | 1.20% | - | 0 | $15.02M | No quote | No quote |
| 41 | FLR | Fluor Corp. COM | 1.13% | - | 0 | $14.07M | No quote | No quote |
| 42 | GFI | Gold Fields Ltd COM | 0.75% | - | 0 | $9.37M | No quote | No quote |
| 43 | FWLT | Foster Wheeler AG COM | 0.65% | - | 0 | $8.12M | No quote | No quote |
| 44 | GLD | SPDR Gold Trust COM | 0.41% | - | 0 | $5.15M | No quote | No quote |
| 45 | RGLD | Royal Gold, Inc COM | 0.36% | - | 0 | $4.49M | No quote | No quote |
| 46 | GDX | Market Vectors Gold Miners COM | 0.30% | - | 0 | $3.77M | No quote | No quote |
| 47 | SPY | SPDR Tr Unit Ser 1 COM | 0.27% | - | 0 | $3.41M | No quote | No quote |
| 48 | MKC | McCormick & Co COM | 0.20% | New | 0 | $2.48M | No quote | No quote |
| 49 | SGOL | ETFS Physical Swiss Gold COM | 0.15% | New | 0 | $1.9M | No quote | No quote |
| 50 | PM | Phillip Morris International COM | 0.13% | - | 0 | $1.6M | No quote | No quote |
| 51 | RSP | Rydex S&P 500 Equal Weighted I COM | 0.12% | - | 0 | $1.47M | No quote | No quote |
| 52 | JOF | Japan Smaller Cap. Fund COM | 0.10% | - | 0 | $1.25M | No quote | No quote |
| 53 | RDSB | Royal Dutch Shell PLC B COM | 0.09% | - | 0 | $1.16M | No quote | No quote |
| 54 | RDSA | Royal Dutch Shell COM | 0.05% | - | 0 | $659K | No quote | No quote |
| 55 | KMP | Kinder Morgan Energy COM | 0.05% | New | 9,316,620 | $606K | No quote | No quote |
| 56 | RPV | Rydex S&P 500 Pure Value COM | 0.05% | - | 0 | $601K | No quote | No quote |
| 57 | EMR | Emerson Electric COM | 0.04% | New | 0 | $536K | No quote | No quote |
| 58 | GCS | DWS Global Commodities COM | 0.04% | - | 0 | $460K | No quote | No quote |
| 59 | EMF | Templeton Emerging Markets COM | 0.04% | - | 0 | $459K | No quote | No quote |
| 60 | MO | Altria Group Inc. COM | 0.04% | - | 0 | $437K | No quote | No quote |
| 61 | JEQ | Japan Equity Fd Inc Com COM | 0.03% | - | 0 | $415K | No quote | No quote |
| 62 | MRO | Marathon Oil COM | 0.03% | - | 0 | $404K | No quote | No quote |
| 63 | PEO | Petroleum & Res Corp Com COM | 0.03% | - | 0 | $389K | No quote | No quote |
| 64 | BSV | Vanguard Short-Term Bond NAV COM | 0.03% | - | 4,090,000 | $331K | No quote | No quote |
| 65 | OXY | Occidental Pete Corp. COM | 0.03% | Reduce -20.1% | 4,065,000 | $314K | $0.08 | No quote |
| 66 | D | Dominion Res Inc Va Com COM | 0.02% | Reduce -5.4% | 7,867,826 | $305K | $0.04 | No quote |
| 67 | SBAC | SBA Communications Corp COM | 0.02% | - | 8,388,000 | $285K | $0.03 | No quote |
| 69 | MDY | Midcap SPDR Tr Un Sr 1 COM | 0.02% | - | 2,080,000 | $269K | $0.13 | No quote |
| 68 | APU | Amerigas Partners LP COM | 0.02% | Reduce -3.0% | 6,500,000 | $269K | No quote | No quote |
| 70 | PAAS | Pan American Silver Corp COM | 0.02% | New | 9,948,000 | $251K | $0.03 | No quote |
| 71 | NVS | Novartis AG COM | 0.02% | New | 5,050,000 | $244K | $0.05 | No quote |
| 72 | CYB | WisdomTree Dreyfus Chinese Yua COM | 0.02% | - | 9,600,000 | $239K | No quote | No quote |
| 73 | STR | Questar Corp COM | 0.02% | - | 5,100,000 | $232K | No quote | No quote |
| 74 | MMM | 3M Company COM | 0.02% | New | 2,810,000 | $222K | $0.08 | No quote |
| 75 | TYC | Tyco International Ltd Com COM | 0.02% | - | 6,200,000 | $218K | No quote | No quote |
| 76 | PNY | Piedmont Natural Gas COM | 0.02% | New | 8,300,000 | $210K | No quote | No quote |
| 77 | TEVA | Teva Pharmaceutical Industries COM | 0.02% | Reduce -48.5% | 3,928,594 | $204K | $0.05 | No quote |
| 78 | PEJ | Powershares Dyn Leisure & Ente COM | 0.02% | New | 0 | $193K | No quote | No quote |
| 79 | STZ | Constellation Brands Inc COM | 0.01% | - | 0 | $175K | No quote | No quote |
| 80 | EPD | Enterprise Products Part LP COM | 0.01% | New | 4,781,000 | $169K | $0.04 | No quote |
| 81 | CVS | CVS Caremark Corp COM | 0.01% | New | 3,240,000 | $95K | $0.03 | No quote |
| 82 | MHS | Medco Health Solutions Inc COM | 0.01% | New | 1,600,000 | $88K | No quote | No quote |
| 83 | PFF | iShares S&P U.S. Preferred Sto COM | 0.01% | New | 2,300,000 | $85K | No quote | No quote |
| 84 | IBM | International Business Machine COM | 0.01% | New | 553,000 | $68K | $0.12 | No quote |
| 85 | SKNY | Skinny Nutritional Corp COM | 0.00% | - | 0 | $2K | No quote | No quote |
| 92 | XTO | XTO Energy Inc COM | - | Sold | 0 | $0 | No quote | No quote |
| 91 | RFV | Rydex S&P Mid Cap 400 Pure Val COM | - | Sold | 0 | $0 | No quote | No quote |
| 90 | OKS | Oneok Partners LP COM | - | Sold | 0 | $0 | No quote | No quote |
| 89 | MON | Monsanto Co COM | - | Sold | 0 | $0 | No quote | No quote |
| 88 | MMP | Magellan Midstream Prtns COM | - | Sold | 0 | $0 | No quote | No quote |
| 87 | BKF | iShares MSCI Bric COM | - | Sold | 0 | $0 | No quote | No quote |
| 86 | CGHI | Centurion Gold Hldgs. COM | 0.00% | - | 0 | $0 | No quote | No quote |