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 99 rows. Rows without a quote are marked unavailable.
| 1 | KMP | Kinder Morgan Energy COM | 9.41% | - | 9,316,620 | $655K | No quote | No quote |
| 2 | UNP | Union Pacific COM | 6.18% | - | 4,640,000 | $430K | $0.09 | No quote |
| 3 | VIG | Vanguard Dividend Appreciation COM | 6.12% | New | 8,100,000 | $426K | $0.05 | No quote |
| 4 | IDX | Market Vectors Indonesia COM | 6.02% | Reduce -13.5% | 4,800,000 | $419K | No quote | No quote |
| 5 | PAAS | Pan American Silver Corp COM | 5.51% | Add +0.7% | 9,316,000 | $384K | $0.04 | No quote |
| 6 | SBAC | SBA Communications Corp COM | 4.93% | - | 8,388,000 | $343K | $0.04 | No quote |
| 7 | MDY | Midcap SPDR Tr Un Sr 1 COM | 4.37% | Reduce -6.8% | 1,845,000 | $304K | $0.16 | No quote |
| 9 | NVS | Novartis AG COM | 4.28% | - | 5,050,000 | $298K | $0.06 | No quote |
| 8 | D | Dominion Res Inc Va Com COM | 4.28% | Reduce -7.9% | 6,969,605 | $298K | $0.04 | No quote |
| 10 | CYB | WisdomTree Dreyfus Chinese Yua COM | 3.50% | - | 9,600,000 | $244K | No quote | No quote |
| 11 | AAPL | Apple Inc. COM | 3.48% | New | 750,000 | $242K | $0.32 | No quote |
| 12 | - | American Water Works Co Inc COMCUSIP 030411102 | 3.02% | New | 8,300,000 | $210K | No quote | No quote |
| 14 | TYC | Tyco International Ltd Com COM | 2.97% | Reduce -19.4% | 5,000,000 | $207K | No quote | No quote |
| 13 | MMP | Magellan Midstream Prtns COM | 2.97% | Reduce -9.3% | 3,658,310 | $207K | No quote | No quote |
| 15 | OXY | Occidental Pete Corp. COM | 2.57% | Reduce -45.9% | 1,825,000 | $179K | $0.10 | No quote |
| 16 | EPD | Enterprise Products Part LP COM | 2.28% | New | 3,823,000 | $159K | $0.04 | No quote |
| 17 | APU | Amerigas Partners LP COM | 1.97% | Reduce -52.5% | 2,800,000 | $137K | No quote | No quote |
| 18 | PNY | Piedmont Natural Gas COM | 1.22% | New | 3,050,000 | $85K | No quote | No quote |
| 19 | GDXJ | Market Vectors Junior Gold Min COM | 1.03% | Reduce -17.4% | 1,800,000 | $72K | No quote | No quote |
| 20 | IBM | International Business Machine COM | 0.98% | New | 465,000 | $68K | $0.15 | No quote |
| 21 | GOLD | Barrick Gold Corp Com COM | 0.96% | - | 0 | $66.68K | No quote | No quote |
| 22 | BP | BP Amoco PLC COM | 0.95% | New | 1,500,000 | $66K | $0.04 | No quote |
| 23 | NEM | Newmont Mining Corp Com COM | 0.91% | - | 0 | $63.63K | No quote | No quote |
| 24 | GG | Goldcorp Inc COM | 0.91% | - | 0 | $63.05K | No quote | No quote |
| 25 | KO | Coca Cola COM | 0.78% | - | 0 | $54.37K | No quote | No quote |
| 26 | T | AT&T Inc COM | 0.71% | - | 0 | $49.29K | No quote | No quote |
| 27 | ADM | Archer Daniels Midland Com COM | 0.69% | - | 0 | $48.17K | No quote | No quote |
| 28 | JNJ | Johnson & Johnson COM | 0.66% | - | 0 | $45.88K | No quote | No quote |
| 29 | ABT | Abbott Labs COM | 0.65% | - | 0 | $45.14K | No quote | No quote |
| 30 | MRK | Merck & Co COM | 0.64% | - | 0 | $44.81K | No quote | No quote |
| 31 | VZ | Verizon Communications Com COM | 0.61% | - | 0 | $42.32K | No quote | No quote |
| 32 | CEF | Central Fund* COM | 0.60% | - | 0 | $41.84K | No quote | No quote |
| 33 | PFE | Pfizer COM | 0.60% | - | 0 | $41.61K | No quote | No quote |
| 34 | NTTYY | Nippon Teleg & Tel COM | 0.58% | - | 0 | $40.51K | No quote | No quote |
| 35 | FLR | Fluor Corp. COM | 0.57% | - | 0 | $39.56K | No quote | No quote |
| 36 | XOM | Exxon Mobil Corporation COM | 0.56% | - | 0 | $38.66K | No quote | No quote |
| 37 | PG | Procter and Gamble COM | 0.55% | - | 0 | $38.54K | No quote | No quote |
| 38 | PEP | Pepsico Inc COM | 0.54% | - | 0 | $37.56K | No quote | No quote |
| 39 | WM | Waste Mgmt Inc Del Com COM | 0.45% | - | 0 | $31.1K | No quote | No quote |
| 40 | BMY | Bristol-Myers Squibb Co COM | 0.44% | - | 0 | $30.31K | No quote | No quote |
| 41 | CHL | China Mobile LTD COM | 0.40% | - | 0 | $28.03K | No quote | No quote |
| 42 | MSFT | Microsoft Corp COM | 0.40% | - | 0 | $28K | No quote | No quote |
| 43 | COP | ConocoPhillips COM | 0.40% | - | 0 | $27.53K | No quote | No quote |
| 44 | MMM | 3M Company COM | 0.39% | - | 0 | $26.96K | No quote | No quote |
| 45 | CVX | Chevron Corp COM | 0.38% | - | 0 | $26.44K | No quote | No quote |
| 46 | SDY | SPDR S&P Dividend ETF COM | 0.37% | New | 500,000 | $26K | $0.05 | No quote |
| 47 | VOD | Vodafone COM | 0.36% | - | 0 | $25.35K | No quote | No quote |
| 48 | GE | General Electric COM | 0.36% | - | 0 | $25.28K | No quote | No quote |
| 49 | WMT | WalMart Stores COM | 0.36% | - | 0 | $25.18K | No quote | No quote |
| 50 | INTC | Intel Corp COM | 0.35% | - | 0 | $24.63K | No quote | No quote |
| 51 | ORCL | Oracle Corp Com COM | 0.35% | - | 0 | $24.54K | No quote | No quote |
| 52 | DE | Deere & Co COM | 0.32% | - | 0 | $22.45K | No quote | No quote |
| 53 | AGCO | Agco Corp Com COM | 0.32% | New | 0 | $21.94K | No quote | No quote |
| 54 | CL | Colgate Palmolive COM | 0.30% | - | 0 | $20.75K | No quote | No quote |
| 55 | GSK | GlaxoSmithKline PLC COM | 0.29% | - | 0 | $20.2K | No quote | No quote |
| 56 | TXN | Texas Instrs Inc Com COM | 0.28% | New | 0 | $19.76K | No quote | No quote |
| 57 | KMB | Kimberly Clark COM | 0.28% | - | 0 | $19.75K | No quote | No quote |
| 58 | JPM | J.P. Morgan COM | 0.27% | New | 0 | $18.73K | No quote | No quote |
| 59 | TRV | The Travelers Co COM | 0.27% | - | 0 | $18.53K | No quote | No quote |
| 60 | TRP | Transcanada Corp COM | 0.27% | New | 0 | $18.47K | No quote | No quote |
| 61 | PAYX | Paychex Inc COM | 0.27% | New | 0 | $18.46K | No quote | No quote |
| 62 | CLX | Clorox Co COM | 0.26% | New | 0 | $18.27K | No quote | No quote |
| 63 | CSCO | Cisco Sys Inc Com COM | 0.26% | - | 0 | $18.14K | No quote | No quote |
| 64 | PNC | PNC Bank Corp COM | 0.25% | New | 0 | $17.72K | No quote | No quote |
| 65 | CCJ | Cameco Corp COM | 0.25% | - | 0 | $17.68K | No quote | No quote |
| 66 | SHAW | Shaw Group Inc. COM | 0.24% | - | 0 | $16.8K | No quote | No quote |
| 67 | EWJ | iShares MSCI Japan COM | 0.24% | - | 0 | $16.8K | No quote | No quote |
| 68 | GFI | Gold Fields Ltd COM | 0.18% | - | 0 | $12.32K | No quote | No quote |
| 69 | K | Kellogg Co COM | 0.17% | - | 0 | $11.67K | No quote | No quote |
| 70 | HD | Home Depot COM | 0.11% | New | 225,000 | $8K | $0.04 | No quote |
| 71 | MKC | McCormick & Co COM | 0.11% | - | 0 | $7.77K | No quote | No quote |
| 72 | GLD | SPDR Gold Trust COM | 0.07% | - | 0 | $5.06K | No quote | No quote |
| 73 | GDX | Market Vectors Gold Miners COM | 0.06% | - | 0 | $4.25K | No quote | No quote |
| 74 | RGLD | Royal Gold, Inc COM | 0.05% | - | 0 | $3.8K | No quote | No quote |
| 75 | SPY | SPDR Tr Unit Ser 1 COM | 0.05% | - | 0 | $3.78K | No quote | No quote |
| 76 | PM | Phillip Morris International COM | 0.05% | - | 0 | $3.5K | No quote | No quote |
| 77 | UMDD | Proshares Tr Ultrapro Mid Cap COM | 0.03% | New | 0 | $2.11K | No quote | No quote |
| 78 | RSP | Rydex S&P 500 Equal Weighted I COM | 0.02% | - | 0 | $1.64K | No quote | No quote |
| 79 | RDSB | Royal Dutch Shell PLC B COM | 0.02% | - | 0 | $1.53K | No quote | No quote |
| 80 | UYM | Ultra Basic Materials ProShare COM | 0.02% | New | 0 | $1.38K | No quote | No quote |
| 81 | JOF | Japan Smaller Cap. Fund COM | 0.02% | - | 0 | $1.3K | No quote | No quote |
| 82 | VOX | Vanguard Telecommunications COM | 0.02% | New | 0 | $1.06K | No quote | No quote |
| 83 | RDSA | Royal Dutch Shell COM | 0.01% | - | 0 | $869 | No quote | No quote |
| 84 | EMR | Emerson Electric COM | 0.01% | - | 0 | $711 | No quote | No quote |
| 85 | EMF | Templeton Emerging Markets COM | 0.01% | - | 0 | $603 | No quote | No quote |
| 86 | DVY | Ishares Dow Jones Select Div I COM | 0.01% | New | 0 | $573 | No quote | No quote |
| 87 | BDD | Powershares DB Base Metals Dou COM | 0.01% | New | 0 | $527 | No quote | No quote |
| 88 | MO | Altria Group Inc. COM | 0.01% | - | 0 | $509 | No quote | No quote |
| 89 | JEQ | Japan Equity Fd Inc Com COM | 0.01% | - | 0 | $505 | No quote | No quote |
| 91 | PEO | Petroleum & Res Corp Com COM | 0.01% | - | 0 | $481 | No quote | No quote |
| 90 | MRO | Marathon Oil COM | 0.01% | - | 0 | $481 | No quote | No quote |
| 92 | IAU | iShares Comex Gold COM | 0.01% | New | 0 | $477 | No quote | No quote |
| 93 | FNFG | First Niagara Financial Group COM | 0.00% | - | 0 | $175 | No quote | No quote |
| 94 | BCST | Broadcast Intl Inc COM | 0.00% | New | 0 | $24 | No quote | No quote |
| 95 | LGDI | Legend International Holding COM | 0.00% | - | 0 | $10 | No quote | No quote |
| 99 | BSV | Vanguard Short-Term Bond NAV COM | - | Sold | 0 | $0 | No quote | No quote |
| 98 | TEVA | Teva Pharmaceutical Industries COM | - | Sold | 0 | $0 | No quote | No quote |
| 97 | SKNY | Skinny Nutritional Corp COM | 0.00% | - | 0 | $0 | No quote | No quote |
| 96 | CGHI | Centurion Gold Hldgs. COM | 0.00% | - | 0 | $0 | No quote | No quote |