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Focused investors/Valley Forge Capital Management

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 14 of 97 rows. Rows without a quote are marked unavailable.

1SBACSBA Communications Corp COM7.06%-8,388,000$604K$0.07No quote
2VOXVanguard Telecommunications COM6.11%Reduce -12.9%7,055,000$523KNo quoteNo quote
3RDSARoyal Dutch Shell COM5.45%Reduce -0.4%7,144,468$466KNo quoteNo quote
4GOOGLGoogle Inc Cl A COM5.34%Add +15.0%575,000$457K$0.79No quote
5MCDMcDonalds Corp COM5.03%Add +1.2%4,309,000$430K$0.10No quote
6VIABViacom Inc - B COM4.41%Reduce -26.7%6,137,000$377KNo quoteNo quote
7NVSNovartis AG COM4.26%New5,107,690$364K$0.07No quote
8IWRIshares Russell Midcap Index COM4.23%New2,840,000$362K$0.13No quote
9MDYMidcap SPDR Tr Un Sr 1 COM4.15%-1,695,000$355K$0.21No quote
10KMPKinder Morgan Energy COM4.02%Add +26.7%3,833,000$344KNo quoteNo quote
11TGTTarget Corp COM3.76%New4,702,000$322K$0.07No quote
12KKellogg Co COM3.73%Add +10.0%4,952,378$319KNo quoteNo quote
13UNHUnited Healthcare Corp COM3.54%Add +3.6%5,293,000$303K$0.06No quote
14VDCVanguard Consumer Staples Fund COM3.36%-2,850,000$287KNo quoteNo quote
15AWKAmerican Water Works Co Inc COM3.30%New6,800,000$282K$0.04No quote
16IWFIshares Tr Russell 1000 Growth COM3.17%New3,792,000$271K$0.07No quote
17TEVATeva Pharmaceutical Industries COM2.91%New6,267,594$249K$0.04No quote
18IVViShares Tr S&P 500 Index COM2.86%New1,559,000$245K$0.16No quote
19AMZNAmazon Inc COM2.65%New850,000$227K$0.27No quote
20SDYSPDR S&P Dividend ETF COM1.08%Add +211.1%1,400,000$92K$0.07No quote
21PFEPfizer COM0.86%-0$73.63KNo quoteNo quote
22BMYBristol-Myers Squibb Co COM0.72%-0$61.67KNo quoteNo quote
23TAT&T Inc COM0.64%-0$54.94KNo quoteNo quote
24NEMNewmont Mining Corp Com COM0.62%-0$53.3KNo quoteNo quote
25WMWaste Mgmt Inc Del Com COM0.61%-0$52.2KNo quoteNo quote
26GGGoldcorp Inc COM0.60%-0$51.27KNo quoteNo quote
27VZVerizon Communications Com COM0.60%-0$51.02KNo quoteNo quote
28PGProcter and Gamble COM0.59%-0$50.72KNo quoteNo quote
29JNJJohnson & Johnson COM0.59%-0$50.51KNo quoteNo quote
30KOCoca Cola COM0.55%-0$47.33KNo quoteNo quote
31WFCWells Fargo & Co New Com COM0.53%-0$45.72KNo quoteNo quote
32MRKMerck & Co COM0.53%-0$45.16KNo quoteNo quote
33INTCIntel Corp COM0.52%-0$44.43KNo quoteNo quote
34VODVodafone COM0.51%-0$43.43KNo quoteNo quote
35GEGeneral Electric COM0.48%-0$41.42KNo quoteNo quote
36PEPPepsico Inc COM0.47%-0$39.93KNo quoteNo quote
37PAYXPaychex Inc COM0.46%-0$39.29KNo quoteNo quote
38CSCOCisco Sys Inc Com COM0.45%-0$38.42KNo quoteNo quote
39MSFTMicrosoft Corp COM0.43%-0$36.75KNo quoteNo quote
40SYYSysco Corp COM0.43%-0$36.69KNo quoteNo quote
41AUYYamana Gold Inc COM0.40%-0$34.38KNo quoteNo quote
42WMTWalMart Stores COM0.39%-0$33.3KNo quoteNo quote
43KMIKinder Morgan Inc COM0.38%-0$32.17KNo quoteNo quote
44ADPAutomatic Data Processing COM0.37%-0$31.52KNo quoteNo quote
45WAGWalgreen Co. COM0.35%-0$30.09KNo quoteNo quote
46CEFCentral Fund* COM0.35%-0$29.9KNo quoteNo quote
47TRIThomson Reuters Corp Com COM0.31%-0$26.9KNo quoteNo quote
48TRPTranscanada Corp COM0.31%-0$26.32KNo quoteNo quote
49BPBP PLC COM0.30%New0$25.6KNo quoteNo quote
50CLColgate Palmolive COM0.29%-0$24.52KNo quoteNo quote
51BDXBecton Dickinson & Co COM0.28%-0$23.93KNo quoteNo quote
52DDDu Pont E.I. De Nemours & Co. COM0.27%-0$23.43KNo quoteNo quote
53TRVTravelers Companies Inc COM0.26%-0$22.43KNo quoteNo quote
54CACA Inc COM0.26%-0$22.41KNo quoteNo quote
55PBCTPeoples United Financial Inc COM0.26%-0$21.93KNo quoteNo quote
56APAApache Corp Com COM0.25%New0$21.6KNo quoteNo quote
57XOMExxon Mobil Corporation COM0.25%-0$21.43KNo quoteNo quote
58EMREmerson Electric COM0.25%-0$21.39KNo quoteNo quote
59CLXClorox Co COM0.24%-0$20.67KNo quoteNo quote
60GSKGlaxoSmithKline PLC COM0.24%-0$20.44KNo quoteNo quote
61MMM3M Company COM0.23%-0$20.07KNo quoteNo quote
62CVXChevron Corp COM0.23%-0$19.71KNo quoteNo quote
63DEDeere & Co COM0.22%-0$19.09KNo quoteNo quote
64AAPLApple Inc. COM0.21%Reduce -100.0%0$18.36KNo quoteNo quote
65KMBKimberly Clark COM0.20%-0$17.04KNo quoteNo quote
66GOLDBarrick Gold Corp Com COM0.20%-0$16.81KNo quoteNo quote
67JPMJ.P. Morgan COM0.17%-0$14.14KNo quoteNo quote
68RGLDRoyal Gold, Inc COM0.11%-0$9.29KNo quoteNo quote
69ABTAbbott Labs COM0.11%-0$9.01KNo quoteNo quote
70EWJiShares MSCI Japan COM0.10%-0$8.46KNo quoteNo quote
71MKCMcCormick & Co COM0.09%-0$7.81KNo quoteNo quote
72GLDSPDR Gold Trust COM0.09%-0$7.55KNo quoteNo quote
73EWZiShares MSCI Brazil Index COM0.08%New0$6.64KNo quoteNo quote
74PMPhillip Morris International COM0.05%-0$4.03KNo quoteNo quote
75SPYSPDR Tr Unit Ser 1 COM0.04%-0$3.61KNo quoteNo quote
76IAUiShares Comex Gold COM0.04%-0$3.4KNo quoteNo quote
77GDXMarket Vectors Gold Miners COM0.04%-0$3.29KNo quoteNo quote
78DVYiShares Dow Jones Select Div I COM0.03%-0$2.82KNo quoteNo quote
79MOAltria Group Inc. COM0.03%-0$2.2KNo quoteNo quote
80RSPRydex S&P 500 Equal Weighted I COM0.02%-0$1.61KNo quoteNo quote
81HDViShares High Dividend Equity F COM0.02%-0$1.44KNo quoteNo quote
82RDSBRoyal Dutch Shell PLC B COM0.02%-0$1.36KNo quoteNo quote
83SDIVGlobal X Superdividend Fund COM0.01%-0$949No quoteNo quote
84DDominion Res Inc Va Com COM0.01%-0$807No quoteNo quote
85JOFJapan Smaller Cap. Fund COM0.01%-0$734No quoteNo quote
86FEFirstEnergy Corp COM0.01%New0$553No quoteNo quote
87GDXJMarket Vectors Junior Gold Min COM0.00%-0$351No quoteNo quote
88EMFTempleton Emerging Markets COM0.00%-0$311No quoteNo quote
89PEOPetroleum & Res Corp Com COM0.00%-0$278No quoteNo quote
90JEQJapan Equity Fd Inc Com COM0.00%-0$229No quoteNo quote
91PHYSSprott Physical Gold Trust COM0.00%-0$183No quoteNo quote
92FFord Motor COM0.00%New0$147No quoteNo quote
93SEAOFSEACO Ltd. COM0.00%-0$5No quoteNo quote
94LGDILegend International Holding COM0.00%-0$1No quoteNo quote
97VNQVanguard Index REIT COM-Sold0$0No quoteNo quote
96DEODiageo PLC COM-Sold0$0No quoteNo quote
95ADVNAAdvanta Corp. COM0.00%-0$0No quoteNo quote