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 | 4.83% | - | 0 | $70.07M | No quote | No quote |
| 2 | GG | Goldcorp Inc COM | 4.14% | - | 0 | $60.14M | No quote | No quote |
| 3 | JNJ | Johnson & Johnson COM | 3.80% | - | 0 | $55.15M | No quote | No quote |
| 4 | ABT | Abbott Labs COM | 3.69% | - | 0 | $53.47M | No quote | No quote |
| 5 | T | AT&T Inc COM | 3.57% | - | 0 | $51.74M | No quote | No quote |
| 6 | VZ | Verizon Communications Com COM | 3.39% | - | 0 | $49.21M | No quote | No quote |
| 7 | PFE | Pfizer COM | 3.33% | - | 0 | $48.26M | No quote | No quote |
| 8 | BMY | Bristol-Myers Squibb Co COM | 3.31% | - | 0 | $47.96M | No quote | No quote |
| 9 | GOLD | Barrick Gold Corp Com COM | 3.12% | - | 0 | $45.22M | No quote | No quote |
| 10 | PG | Procter and Gamble COM | 3.09% | - | 0 | $44.86M | No quote | No quote |
| 11 | PEP | Pepsico Inc COM | 2.89% | - | 0 | $41.9M | No quote | No quote |
| 12 | MRK | Merck & Co COM | 2.88% | - | 0 | $41.72M | No quote | No quote |
| 13 | ADM | Archer Daniels Midland Com COM | 2.64% | - | 0 | $38.29M | No quote | No quote |
| 14 | WM | Waste Mgmt Inc Del Com COM | 2.62% | - | 0 | $38M | No quote | No quote |
| 15 | CEF | Central Fund* COM | 2.50% | - | 0 | $36.27M | No quote | No quote |
| 16 | WMT | WalMart Stores COM | 2.40% | - | 0 | $34.83M | No quote | No quote |
| 17 | INTC | Intel Corp COM | 2.36% | - | 0 | $34.31M | No quote | No quote |
| 18 | KO | Coca Cola COM | 2.29% | - | 0 | $33.2M | No quote | No quote |
| 19 | EXC | Exelon Corporation COM | 2.28% | - | 0 | $33.05M | No quote | No quote |
| 20 | MSFT | Microsoft Corp COM | 2.27% | - | 0 | $32.87M | No quote | No quote |
| 21 | TRP | Transcanada Corp COM | 2.10% | - | 0 | $30.42M | No quote | No quote |
| 22 | TRV | The Travelers Co COM | 1.97% | - | 0 | $28.56M | No quote | No quote |
| 23 | KFT | Kraft Foods Inc Cl A COM | 1.93% | - | 0 | $28.03M | No quote | No quote |
| 24 | CL | Colgate Palmolive COM | 1.92% | - | 0 | $27.81M | No quote | No quote |
| 25 | VOD | Vodafone COM | 1.89% | - | 0 | $27.4M | No quote | No quote |
| 26 | XOM | Exxon Mobil Corporation COM | 1.77% | - | 0 | $25.75M | No quote | No quote |
| 27 | AEM | Agnico-Eagle Mines Ltd COM | 1.75% | New | 0 | $25.42M | No quote | No quote |
| 28 | SNY | Sanofi COM | 1.70% | - | 0 | $24.73M | No quote | No quote |
| 29 | PAYX | Paychex Inc COM | 1.65% | New | 0 | $23.97M | No quote | No quote |
| 30 | ADP | Automatic Data Processing COM | 1.59% | - | 0 | $23.14M | No quote | No quote |
| 31 | DE | Deere & Co COM | 1.59% | - | 0 | $23.02M | No quote | No quote |
| 32 | GE | General Electric COM | 1.39% | - | 0 | $20.12M | No quote | No quote |
| 33 | CHL | China Mobile LTD COM | 1.37% | - | 0 | $19.94M | No quote | No quote |
| 34 | NTTYY | Nippon Teleg & Tel COM | 1.37% | - | 0 | $19.93M | No quote | No quote |
| 35 | LLY | Eli Lilly & Co COM | 1.37% | Reduce -100.0% | 0 | $19.89M | No quote | No quote |
| 36 | CSCO | Cisco Sys Inc Com COM | 1.36% | New | 0 | $19.77M | No quote | No quote |
| 37 | KMB | Kimberly Clark COM | 1.36% | - | 0 | $19.77M | No quote | No quote |
| 38 | UPS | United Parcel Service COM | 1.31% | - | 0 | $18.97M | No quote | No quote |
| 39 | DIS | Walt Disney Co COM | 1.29% | New | 0 | $18.65M | No quote | No quote |
| 40 | DD | Du Pont E.I. De Nemours & Co. COM | 1.17% | New | 0 | $17.04M | No quote | No quote |
| 41 | JPM | J.P. Morgan COM | 1.15% | New | 0 | $16.74M | No quote | No quote |
| 42 | MMM | 3M Company COM | 1.14% | - | 0 | $16.58M | No quote | No quote |
| 43 | CCJ | Cameco Corp COM | 0.98% | - | 0 | $14.2M | No quote | No quote |
| 44 | MKC | McCormick & Co COM | 0.56% | - | 0 | $8.16M | No quote | No quote |
| 45 | EWJ | iShares MSCI Japan COM | 0.51% | - | 0 | $7.34M | No quote | No quote |
| 46 | GLD | SPDR Gold Trust COM | 0.37% | - | 0 | $5.31M | No quote | No quote |
| 47 | GDX | Market Vectors Gold Miners COM | 0.28% | - | 0 | $4.07M | No quote | No quote |
| 48 | PM | Phillip Morris International COM | 0.23% | - | 0 | $3.28M | No quote | No quote |
| 49 | SPY | SPDR Tr Unit Ser 1 COM | 0.20% | - | 0 | $2.93M | No quote | No quote |
| 50 | IAU | iShares Comex Gold COM | 0.16% | - | 0 | $2.26M | No quote | No quote |
| 51 | RGLD | Royal Gold, Inc COM | 0.11% | - | 0 | $1.63M | No quote | No quote |
| 52 | PFF | iShares S&P U.S. Preferred Sto COM | 0.11% | - | 0 | $1.58M | No quote | No quote |
| 53 | DVY | iShares Dow Jones Select Div I COM | 0.10% | - | 0 | $1.46M | No quote | No quote |
| 54 | RDSB | Royal Dutch Shell PLC B COM | 0.10% | - | 0 | $1.39M | No quote | No quote |
| 55 | RSP | Rydex S&P 500 Equal Weighted I COM | 0.09% | - | 0 | $1.27M | No quote | No quote |
| 56 | BRK-B | Berkshire Hathaway Inc Cl B COM | 0.07% | - | 0 | $990K | No quote | No quote |
| 57 | VIG | Vanguard Dividend Appreciation COM | 0.06% | - | 0 | $898K | No quote | No quote |
| 58 | MO | Altria Group Inc. COM | 0.06% | - | 0 | $855K | No quote | No quote |
| 59 | JOF | Japan Smaller Cap. Fund COM | 0.05% | - | 0 | $787K | No quote | No quote |
| 60 | KMP | Kinder Morgan Energy COM | 0.04% | New | 9,532,584 | $652K | No quote | No quote |
| 61 | RDSA | Royal Dutch Shell COM | 0.04% | New | 9,892,000 | $609K | No quote | No quote |
| 62 | EMR | Emerson Electric COM | 0.04% | - | 0 | $566K | No quote | No quote |
| 63 | AAPL | Apple Inc. COM | 0.03% | Add +35.3% | 1,312,000 | $500K | $0.38 | No quote |
| 64 | EMF | Templeton Emerging Markets COM | 0.03% | - | 0 | $381K | No quote | No quote |
| 65 | MCD | McDonalds Corp COM | 0.03% | New | 4,259,000 | $374K | $0.09 | No quote |
| 66 | D | Dominion Res Inc Va Com COM | 0.02% | Add +0.0% | 6,772,308 | $344K | $0.05 | No quote |
| 67 | CLX | Clorox Co COM | 0.02% | Add +50.5% | 4,478,326 | $297K | $0.07 | No quote |
| 68 | NVS | Novartis AG COM | 0.02% | - | 5,200,000 | $290K | $0.06 | No quote |
| 69 | SBAC | SBA Communications Corp COM | 0.02% | - | 8,388,000 | $289K | $0.03 | No quote |
| 70 | GDXJ | Market Vectors Junior Gold Min COM | 0.02% | Add +35.7% | 9,875,000 | $278K | No quote | No quote |
| 71 | MDY | Midcap SPDR Tr Un Sr 1 COM | 0.02% | - | 1,845,000 | $262K | $0.14 | No quote |
| 72 | PEO | Petroleum & Res Corp Com COM | 0.02% | - | 0 | $259K | No quote | No quote |
| 73 | - | American Water Works Co Inc COMCUSIP 030411102 | 0.02% | - | 8,300,000 | $250K | No quote | No quote |
| 74 | MMP | Magellan Midstream Prtns COM | 0.01% | Reduce -9.3% | 3,558,310 | $215K | No quote | No quote |
| 75 | GOOGL | Google Inc Cl A COM | 0.01% | - | 400,000 | $206K | $0.52 | No quote |
| 76 | JEQ | Japan Equity Fd Inc Com COM | 0.01% | - | 0 | $195K | No quote | No quote |
| 77 | PDM | Piedmont Office Rlty Tr Inc Co COM | 0.01% | - | 0 | $175K | No quote | No quote |
| 78 | PHYS | Sprott Physical Gold Trust COM | 0.01% | - | 0 | $168K | No quote | No quote |
| 79 | FNFG | First Niagara Financial Group COM | 0.01% | - | 0 | $114K | No quote | No quote |
| 80 | LGDI | Legend International Holding COM | 0.00% | - | 0 | $4K | No quote | No quote |
| 86 | CYB | WisdomTree Dreyfus Chinese Yua COM | - | Sold | 0 | $0 | No quote | No quote |
| 85 | UNP | Union Pacific COM | - | Sold | 0 | $0 | No quote | No quote |
| 84 | TYC | Tyco International Ltd Com COM | - | Sold | 0 | $0 | No quote | No quote |
| 83 | TEVA | Teva Pharmaceutical Industries COM | - | Sold | 0 | $0 | No quote | No quote |
| 82 | - | AIG Fractional Warrants Exp 1/ COMCUSIP ACG874152 | 0.00% | - | 94,522 | $0 | No quote | No quote |
| 81 | ADVNA | Advanta Corp. COM | 0.00% | - | 0 | $0 | No quote | No quote |