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
- +8.29%
- 1-year
- -10.38%
- 3-year
- +34.77%
- 5-year
- +43.41%
- 3-year vs S&P 500
- -38.47%
- 5-year vs S&P 500
- -30.27%
- 5-year top 5
- +41.99%
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 2026-06-06 from SEC 13F data.
Live quotes available for 8 of 101 rows. Rows without a quote are marked unavailable.
| 1 | KMP | Kinder Morgan Energy COM | 12.67% | Add +6.2% | 9,891,620 | $733K | No quote | No quote |
| 2 | UNP | Union Pacific COM | 7.88% | - | 4,640,000 | $456K | $0.10 | No quote |
| 3 | D | Dominion Res Inc Va Com COM | 6.83% | Add +26.6% | 8,826,552 | $395K | $0.04 | No quote |
| 4 | PAAS | Pan American Silver Corp COM | 5.91% | Reduce -1.1% | 9,216,000 | $342K | $0.04 | No quote |
| 5 | SBAC | SBA Communications Corp COM | 5.76% | - | 8,388,000 | $333K | $0.04 | No quote |
| 6 | MDY | Midcap SPDR Tr Un Sr 1 COM | 5.72% | - | 1,845,000 | $331K | $0.18 | No quote |
| 7 | NVS | Novartis AG COM | 4.89% | Add +3.0% | 5,200,000 | $283K | $0.05 | No quote |
| 8 | AAPL | Apple Inc. COM | 4.51% | - | 750,000 | $261K | $0.35 | No quote |
| 9 | CYB | WisdomTree Dreyfus Chinese Yua COM | 4.20% | - | 9,600,000 | $243K | No quote | No quote |
| 10 | - | American Water Works Co Inc COMCUSIP 030411102 | 4.03% | - | 8,300,000 | $233K | No quote | No quote |
| 11 | TYC | Tyco International Ltd Com COM | 3.91% | Add +1.0% | 5,049,000 | $226K | No quote | No quote |
| 12 | MMP | Magellan Midstream Prtns COM | 3.79% | - | 3,658,310 | $219K | No quote | No quote |
| 13 | CLX | Clorox Co COM | 3.60% | New | 2,975,000 | $208K | $0.07 | No quote |
| 14 | GG | Goldcorp Inc COM | 1.22% | - | 0 | $70.82K | No quote | No quote |
| 15 | GOLD | Barrick Gold Corp Com COM | 1.16% | - | 0 | $67.34K | No quote | No quote |
| 16 | NEM | Newmont Mining Corp Com COM | 1.05% | - | 0 | $60.48K | No quote | No quote |
| 17 | KO | Coca Cola COM | 0.96% | - | 0 | $55.45K | No quote | No quote |
| 18 | ADM | Archer Daniels Midland Com COM | 0.93% | - | 0 | $54.07K | No quote | No quote |
| 19 | T | AT&T Inc COM | 0.91% | - | 0 | $52.78K | No quote | No quote |
| 20 | VZ | Verizon Communications Com COM | 0.85% | - | 0 | $49.22K | No quote | No quote |
| 21 | PFE | Pfizer COM | 0.84% | - | 0 | $48.54K | No quote | No quote |
| 22 | ABT | Abbott Labs COM | 0.83% | - | 0 | $48.04K | No quote | No quote |
| 23 | JNJ | Johnson & Johnson COM | 0.78% | - | 0 | $45.13K | No quote | No quote |
| 24 | CEF | Central Fund* COM | 0.77% | - | 0 | $44.44K | No quote | No quote |
| 25 | MRK | Merck & Co COM | 0.71% | - | 0 | $41.24K | No quote | No quote |
| 26 | PEP | Pepsico Inc COM | 0.67% | - | 0 | $39.02K | No quote | No quote |
| 27 | PG | Procter and Gamble COM | 0.67% | - | 0 | $38.7K | No quote | No quote |
| 28 | BMY | Bristol-Myers Squibb Co COM | 0.56% | - | 0 | $32.59K | No quote | No quote |
| 29 | WM | Waste Mgmt Inc Del Com COM | 0.55% | - | 0 | $31.56K | No quote | No quote |
| 30 | MMM | 3M Company COM | 0.53% | - | 0 | $30.81K | No quote | No quote |
| 31 | MSFT | Microsoft Corp COM | 0.52% | - | 0 | $30.31K | No quote | No quote |
| 32 | INTC | Intel Corp COM | 0.52% | - | 0 | $30.03K | No quote | No quote |
| 33 | EXC | Exelon Corporation COM | 0.51% | New | 0 | $29.57K | No quote | No quote |
| 34 | TRP | Transcanada Corp COM | 0.51% | - | 0 | $29.22K | No quote | No quote |
| 35 | VOD | Vodafone COM | 0.48% | - | 0 | $27.78K | No quote | No quote |
| 36 | NTTYY | Nippon Teleg & Tel COM | 0.47% | - | 0 | $26.98K | No quote | No quote |
| 37 | CHL | China Mobile LTD COM | 0.46% | - | 0 | $26.7K | No quote | No quote |
| 38 | CL | Colgate Palmolive COM | 0.44% | - | 0 | $25.33K | No quote | No quote |
| 39 | XOM | Exxon Mobil Corporation COM | 0.43% | - | 0 | $24.74K | No quote | No quote |
| 40 | WMT | WalMart Stores COM | 0.42% | - | 0 | $24.33K | No quote | No quote |
| 41 | KFT | Kraft Foods Inc Cl A COM | 0.41% | New | 0 | $23.88K | No quote | No quote |
| 42 | SWN | Southwestern Energy Co COM | 0.41% | New | 0 | $23.85K | No quote | No quote |
| 43 | KMB | Kimberly Clark COM | 0.40% | - | 0 | $23.07K | No quote | No quote |
| 44 | PNC | PNC Bank Corp COM | 0.38% | - | 0 | $22.24K | No quote | No quote |
| 45 | CVX | Chevron Corp COM | 0.38% | - | 0 | $22.22K | No quote | No quote |
| 46 | MCD | McDonalds Corp COM | 0.34% | New | 0 | $19.94K | No quote | No quote |
| 47 | ADP | Automatic Data Processing COM | 0.34% | New | 0 | $19.79K | No quote | No quote |
| 48 | DE | Deere & Co COM | 0.34% | - | 0 | $19.57K | No quote | No quote |
| 49 | AMZN | Amazon Inc COM | 0.33% | New | 0 | $19.21K | No quote | No quote |
| 50 | GE | General Electric COM | 0.33% | - | 0 | $19.21K | No quote | No quote |
| 51 | CNX | Consol. Energy Inc. COM | 0.33% | New | 0 | $19.17K | No quote | No quote |
| 52 | BA | Boeing COM | 0.33% | New | 0 | $18.8K | No quote | No quote |
| 53 | DUK | Duke Energy Corp COM | 0.32% | New | 0 | $18.67K | No quote | No quote |
| 54 | TSN | Tyson Foods Inc Cl A COM | 0.32% | New | 0 | $18.48K | No quote | No quote |
| 55 | ORCL | Oracle Corp Com COM | 0.30% | - | 0 | $17.27K | No quote | No quote |
| 56 | EWJ | iShares MSCI Japan COM | 0.27% | - | 0 | $15.51K | No quote | No quote |
| 57 | COP | ConocoPhillips COM | 0.24% | - | 0 | $14.16K | No quote | No quote |
| 58 | CCJ | Cameco Corp COM | 0.23% | - | 0 | $13.11K | No quote | No quote |
| 59 | GFI | Gold Fields Ltd COM | 0.20% | - | 0 | $11.64K | No quote | No quote |
| 60 | SHAW | Shaw Group Inc. COM | 0.20% | - | 0 | $11.58K | No quote | No quote |
| 61 | TRV | The Travelers Co COM | 0.19% | - | 0 | $10.95K | No quote | No quote |
| 62 | MKC | McCormick & Co COM | 0.14% | - | 0 | $8.28K | No quote | No quote |
| 63 | ATI | Allegheny Technologies Com COM | 0.12% | New | 0 | $6.83K | No quote | No quote |
| 64 | GLD | SPDR Gold Trust COM | 0.09% | - | 0 | $5K | No quote | No quote |
| 65 | RGLD | Royal Gold, Inc COM | 0.07% | - | 0 | $4.22K | No quote | No quote |
| 66 | GDX | Market Vectors Gold Miners COM | 0.07% | - | 0 | $4.19K | No quote | No quote |
| 67 | PM | Phillip Morris International COM | 0.07% | - | 0 | $3.92K | No quote | No quote |
| 68 | SPY | SPDR Tr Unit Ser 1 COM | 0.07% | - | 0 | $3.85K | No quote | No quote |
| 69 | PSCE | Powershares S&P Small Cap Equi COM | 0.04% | New | 0 | $2.08K | No quote | No quote |
| 70 | RSP | Rydex S&P 500 Equal Weighted I COM | 0.03% | - | 0 | $1.68K | No quote | No quote |
| 71 | RDSB | Royal Dutch Shell PLC B COM | 0.03% | - | 0 | $1.66K | No quote | No quote |
| 72 | VOX | Vanguard Telecommunications COM | 0.03% | - | 0 | $1.45K | No quote | No quote |
| 73 | JOF | Japan Smaller Cap. Fund COM | 0.02% | - | 0 | $1.33K | No quote | No quote |
| 74 | GSC | GS Connect S&P GSCI COM | 0.02% | New | 0 | $1.28K | No quote | No quote |
| 75 | RDSA | Royal Dutch Shell COM | 0.02% | - | 0 | $959 | No quote | No quote |
| 76 | VIG | Vanguard Dividend Appreciation COM | 0.02% | Reduce -100.0% | 0 | $928 | No quote | No quote |
| 77 | EMR | Emerson Electric COM | 0.01% | - | 0 | $745 | No quote | No quote |
| 78 | GCC | Greenhaven Continuous Commodit COM | 0.01% | New | 0 | $718 | No quote | No quote |
| 79 | PFF | iShares S&P U.S. Preferred Sto COM | 0.01% | New | 0 | $686 | No quote | No quote |
| 80 | IAU | iShares Comex Gold COM | 0.01% | - | 0 | $653 | No quote | No quote |
| 81 | EMF | Templeton Emerging Markets COM | 0.01% | - | 0 | $614 | No quote | No quote |
| 82 | DVY | Ishares Dow Jones Select Div I COM | 0.01% | - | 0 | $589 | No quote | No quote |
| 83 | MO | Altria Group Inc. COM | 0.01% | - | 0 | $583 | No quote | No quote |
| 84 | JEQ | Japan Equity Fd Inc Com COM | 0.01% | - | 0 | $503 | No quote | No quote |
| 85 | PEO | Petroleum & Res Corp Com COM | 0.01% | - | 0 | $383 | No quote | No quote |
| 86 | PDM | Piedmont Office Rlty Tr Inc Co COM | 0.00% | New | 0 | $210 | No quote | No quote |
| 87 | FNFG | First Niagara Financial Group COM | 0.00% | - | 0 | $170 | No quote | No quote |
| 88 | LGDI | Legend International Holding COM | 0.00% | - | 0 | $7 | No quote | No quote |
| 89 | SKNY | Skinny Nutritional Corp COM | 0.00% | - | 0 | $1 | No quote | No quote |
| 101 | SDY | SPDR S&P Dividend ETF COM | - | Sold | 0 | $0 | No quote | No quote |
| 100 | PNY | Piedmont Natural Gas COM | - | Sold | 0 | $0 | No quote | No quote |
| 99 | OXY | Occidental Pete Corp. COM | - | Sold | 0 | $0 | No quote | No quote |
| 98 | GDXJ | Market Vectors Junior Gold Min COM | - | Sold | 0 | $0 | No quote | No quote |
| 97 | IDX | Market Vectors Indonesia COM | - | Sold | 0 | $0 | No quote | No quote |
| 96 | IBM | International Business Machine COM | - | Sold | 0 | $0 | No quote | No quote |
| 95 | HD | Home Depot COM | - | Sold | 0 | $0 | No quote | No quote |
| 94 | EPD | Enterprise Products Part LP COM | - | Sold | 0 | $0 | No quote | No quote |
| 93 | CGHI | Centurion Gold Hldgs. COM | 0.00% | - | 0 | $0 | No quote | No quote |
| 92 | BP | BP Amoco PLC COM | - | Sold | 0 | $0 | No quote | No quote |
| 91 | APU | Amerigas Partners LP COM | - | Sold | 0 | $0 | No quote | No quote |
| 90 | - | AIG Fractional Warrants Exp 1/ COMCUSIP ACG874152 | 0.00% | New | 94,522 | $0 | No quote | No quote |