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.
Get email alerts when Valley Forge Capital Management files a new 13F — sign in or create a free account.
Updated 2026-09-19 from SEC 13F data.
Live quotes available for 8 of 86 rows. Rows without a quote are marked unavailable.
| 1 | NEM | Newmont Mining Corp Com COM | 4.45% | - | 0 | $61.28M | No quote | No quote |
| 2 | GOLD | Barrick Gold Corp Com COM | 4.21% | - | 0 | $57.98M | No quote | No quote |
| 3 | GG | Goldcorp Inc COM | 4.13% | - | 0 | $56.89M | No quote | No quote |
| 4 | VZ | Verizon Communications Com COM | 3.82% | - | 0 | $52.52M | No quote | No quote |
| 5 | ADM | Archer Daniels Midland Com COM | 3.74% | - | 0 | $51.49M | No quote | No quote |
| 6 | KO | Coca Cola COM | 3.61% | - | 0 | $49.64M | No quote | No quote |
| 7 | T | AT&T Inc COM | 3.55% | - | 0 | $48.91M | No quote | No quote |
| 8 | MRK | Merck & Co COM | 3.40% | - | 0 | $46.76M | No quote | No quote |
| 9 | ABT | Abbott Labs COM | 3.15% | - | 0 | $43.38M | No quote | No quote |
| 10 | JNJ | Johnson & Johnson COM | 3.00% | - | 0 | $41.31M | No quote | No quote |
| 11 | PFE | Pfizer COM | 3.00% | - | 0 | $41.3M | No quote | No quote |
| 12 | NTTYY | Nippon Teleg & Tel COM | 2.91% | - | 0 | $40M | No quote | No quote |
| 13 | PEP | Pepsico Inc COM | 2.82% | - | 0 | $38.85M | No quote | No quote |
| 14 | PG | Procter and Gamble COM | 2.64% | - | 0 | $36.27M | No quote | No quote |
| 15 | CEF | Central Fund* COM | 2.57% | - | 0 | $35.39M | No quote | No quote |
| 16 | VOD | Vodafone COM | 2.32% | - | 0 | $31.86M | No quote | No quote |
| 17 | WM | Waste Mgmt Inc Del Com COM | 2.27% | - | 0 | $31.24M | No quote | No quote |
| 18 | SHAW | Shaw Group Inc. COM | 2.26% | - | 0 | $31.08M | No quote | No quote |
| 19 | CSCO | Cisco Sys Inc Com COM | 2.26% | - | 0 | $31.05M | No quote | No quote |
| 20 | INTC | Intel Corp COM | 2.21% | - | 0 | $30.41M | No quote | No quote |
| 21 | WMT | WalMart Stores COM | 2.20% | - | 0 | $30.3M | No quote | No quote |
| 22 | ORCL | Oracle Corp Com COM | 2.18% | - | 0 | $29.98M | No quote | No quote |
| 23 | BMY | Bristol-Myers Squibb Co COM | 2.15% | - | 0 | $29.57M | No quote | No quote |
| 24 | SO | Southern Company COM | 1.99% | - | 0 | $27.36M | No quote | No quote |
| 25 | MSFT | Microsoft Corp COM | 1.95% | - | 0 | $26.77M | No quote | No quote |
| 26 | FLR | Fluor Corp. COM | 1.87% | - | 0 | $25.77M | No quote | No quote |
| 27 | KMB | Kimberly Clark COM | 1.80% | - | 0 | $24.75M | No quote | No quote |
| 28 | K | Kellogg Co COM | 1.75% | - | 0 | $24.06M | No quote | No quote |
| 29 | CCJ | Cameco Corp COM | 1.74% | - | 0 | $23.99M | No quote | No quote |
| 30 | GSK | GlaxoSmithKline PLC COM | 1.72% | - | 0 | $23.63M | No quote | No quote |
| 31 | CVX | Chevron Corp COM | 1.64% | - | 0 | $22.5M | No quote | No quote |
| 32 | GE | General Electric COM | 1.58% | - | 0 | $21.68M | No quote | No quote |
| 33 | XOM | Exxon Mobil Corporation COM | 1.56% | - | 0 | $21.45M | No quote | No quote |
| 34 | COP | ConocoPhillips COM | 1.42% | - | 0 | $19.59M | No quote | No quote |
| 35 | CL | Colgate Palmolive COM | 1.42% | - | 0 | $19.51M | No quote | No quote |
| 36 | DE | Deere & Co COM | 1.38% | - | 0 | $18.99M | No quote | No quote |
| 37 | TRV | The Travelers Co COM | 1.38% | - | 0 | $18.98M | No quote | No quote |
| 38 | MMM | 3M Company COM | 1.36% | Reduce -100.0% | 0 | $18.78M | No quote | No quote |
| 39 | CHL | China Mobile LTD COM | 1.31% | New | 0 | $18.06M | No quote | No quote |
| 40 | EWJ | iShares MSCI Japan COM | 1.19% | - | 0 | $16.32M | No quote | No quote |
| 41 | GFI | Gold Fields Ltd COM | 0.79% | - | 0 | $10.84M | No quote | No quote |
| 42 | MKC | McCormick & Co COM | 0.52% | - | 0 | $7.21M | No quote | No quote |
| 43 | GLD | SPDR Gold Trust COM | 0.40% | - | 0 | $5.51M | No quote | No quote |
| 44 | RGLD | Royal Gold, Inc COM | 0.36% | - | 0 | $4.96M | No quote | No quote |
| 45 | GDX | Market Vectors Gold Miners COM | 0.30% | - | 0 | $4.09M | No quote | No quote |
| 46 | SPY | SPDR Tr Unit Ser 1 COM | 0.27% | - | 0 | $3.65M | No quote | No quote |
| 47 | PM | Phillip Morris International COM | 0.26% | - | 0 | $3.52M | No quote | No quote |
| 48 | SGOL | ETFS Physical Swiss Gold COM | 0.14% | - | 0 | $1.95M | No quote | No quote |
| 49 | PFF | iShares S&P U.S. Preferred Sto COM | 0.12% | Reduce -100.0% | 0 | $1.61M | No quote | No quote |
| 50 | RSP | Rydex S&P 500 Equal Weighted I COM | 0.11% | - | 0 | $1.51M | No quote | No quote |
| 51 | RDSB | Royal Dutch Shell PLC B COM | 0.10% | - | 0 | $1.39M | No quote | No quote |
| 52 | JOF | Japan Smaller Cap. Fund COM | 0.09% | - | 0 | $1.19M | No quote | No quote |
| 53 | RDSA | Royal Dutch Shell COM | 0.06% | - | 0 | $785K | No quote | No quote |
| 54 | EMR | Emerson Electric COM | 0.05% | - | 0 | $656K | No quote | No quote |
| 55 | KMP | Kinder Morgan Energy COM | 0.05% | - | 9,316,620 | $638K | No quote | No quote |
| 56 | EMF | Templeton Emerging Markets COM | 0.04% | - | 0 | $561K | No quote | No quote |
| 57 | IDX | Market Vectors Indonesia COM | 0.04% | New | 5,550,000 | $481K | No quote | No quote |
| 58 | MO | Altria Group Inc. COM | 0.03% | - | 0 | $479K | No quote | No quote |
| 59 | JEQ | Japan Equity Fd Inc Com COM | 0.03% | - | 0 | $446K | No quote | No quote |
| 60 | MRO | Marathon Oil COM | 0.03% | - | 0 | $430K | No quote | No quote |
| 61 | PEO | Petroleum & Res Corp Com COM | 0.03% | - | 0 | $426K | No quote | No quote |
| 62 | UNP | Union Pacific COM | 0.03% | New | 4,640,000 | $380K | $0.08 | No quote |
| 63 | SBAC | SBA Communications Corp COM | 0.02% | - | 8,388,000 | $338K | $0.04 | No quote |
| 64 | BSV | Vanguard Short-Term Bond NAV COM | 0.02% | - | 4,090,000 | $334K | No quote | No quote |
| 65 | D | Dominion Res Inc Va Com COM | 0.02% | Reduce -3.8% | 7,568,693 | $330K | $0.04 | No quote |
| 66 | NVS | Novartis AG COM | 0.02% | - | 5,050,000 | $291K | $0.06 | No quote |
| 67 | MDY | Midcap SPDR Tr Un Sr 1 COM | 0.02% | Reduce -4.8% | 1,980,000 | $288K | $0.15 | No quote |
| 68 | PAAS | Pan American Silver Corp COM | 0.02% | Reduce -7.0% | 9,250,000 | $274K | $0.03 | No quote |
| 70 | OXY | Occidental Pete Corp. COM | 0.02% | Reduce -17.0% | 3,375,000 | $264K | $0.08 | No quote |
| 69 | APU | Amerigas Partners LP COM | 0.02% | Reduce -9.2% | 5,900,000 | $264K | No quote | No quote |
| 71 | CYB | WisdomTree Dreyfus Chinese Yua COM | 0.02% | - | 9,600,000 | $244K | No quote | No quote |
| 72 | TYC | Tyco International Ltd Com COM | 0.02% | - | 6,200,000 | $228K | No quote | No quote |
| 73 | STZ | Constellation Brands Inc COM | 0.02% | - | 0 | $227K | No quote | No quote |
| 74 | MMP | Magellan Midstream Prtns COM | 0.02% | New | 4,033,310 | $208K | No quote | No quote |
| 75 | TEVA | Teva Pharmaceutical Industries COM | 0.01% | - | 3,928,594 | $207K | $0.05 | No quote |
| 76 | FNFG | First Niagara Financial Group COM | 0.01% | New | 0 | $134K | No quote | No quote |
| 77 | GDXJ | Market Vectors Junior Gold Min COM | 0.01% | New | 2,180,000 | $73K | No quote | No quote |
| 78 | LGDI | Legend International Holding COM | 0.00% | New | 0 | $8K | No quote | No quote |
| 79 | SKNY | Skinny Nutritional Corp COM | 0.00% | - | 0 | $1K | No quote | No quote |
| 86 | STR | Questar Corp COM | - | Sold | 0 | $0 | No quote | No quote |
| 85 | PNY | Piedmont Natural Gas COM | - | Sold | 0 | $0 | No quote | No quote |
| 84 | MHS | Medco Health Solutions Inc COM | - | Sold | 0 | $0 | No quote | No quote |
| 83 | IBM | International Business Machine COM | - | Sold | 0 | $0 | No quote | No quote |
| 82 | EPD | Enterprise Products Part LP COM | - | Sold | 0 | $0 | No quote | No quote |
| 81 | CVS | CVS Caremark Corp COM | - | Sold | 0 | $0 | No quote | No quote |
| 80 | CGHI | Centurion Gold Hldgs. COM | 0.00% | - | 0 | $0 | No quote | No quote |