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 60 of 101 rows. Rows without a quote are marked unavailable.
| 1 | PFE | Pfizer | 3.52% | Reduce -5.1% | 1,853,449 | $53.24M | $28.72 | No quote |
| 2 | VOD | Vodafone | 3.19% | Reduce -6.3% | 1,371,294 | $48.24M | No quote | No quote |
| 3 | T | AT&T Inc | 3.11% | Add +8.4% | 1,389,271 | $46.99M | $33.82 | No quote |
| 4 | MRK | Merck & Co | 3.11% | Reduce -5.6% | 986,577 | $46.97M | $47.61 | No quote |
| 5 | GE | General Electric | 3.04% | Reduce -4.6% | 1,925,267 | $46M | $23.89 | No quote |
| 6 | WM | Waste Mgmt Inc Del Com | 3.02% | Reduce -2.9% | 1,105,746 | $45.6M | $41.24 | No quote |
| 7 | INTC | Intel Corp | 2.99% | Reduce -4.6% | 1,971,724 | $45.19M | $22.92 | No quote |
| 8 | CSCO | Cisco Sys Inc Com | 2.96% | Reduce -3.7% | 1,910,726 | $44.77M | $23.43 | No quote |
| 9 | WFC | Wells Fargo & Co New Com | 2.94% | Reduce -8.5% | 1,073,182 | $44.34M | $41.32 | No quote |
| 10 | JNJ | Johnson & Johnson | 2.83% | Reduce -16.1% | 493,228 | $42.76M | $86.69 | No quote |
| 11 | MSFT | Microsoft Corp | 2.82% | Reduce -14.3% | 1,278,803 | $42.56M | $33.28 | No quote |
| 12 | KO | Coca Cola | 2.67% | Add +19.5% | 1,066,183 | $40.39M | $37.88 | No quote |
| 13 | PAYX | Paychex Inc | 2.66% | Reduce -6.2% | 989,942 | $40.23M | $40.64 | No quote |
| 14 | DD | Du Pont E.I. De Nemours & Co. | 2.33% | Reduce -1.4% | 601,466 | $35.22M | $58.56 | No quote |
| 15 | BMY | Bristol-Myers Squibb Co | 2.31% | Add +1.4% | 752,642 | $34.83M | $46.28 | No quote |
| 16 | SYY | Sysco Corp | 2.30% | Add +1.2% | 1,093,444 | $34.8M | $31.83 | No quote |
| 17 | PG | Procter and Gamble | 2.29% | Reduce -20.6% | 457,898 | $34.61M | $75.59 | No quote |
| 18 | TXN | Texas Instruments Inc | 2.28% | Add +8.5% | 856,399 | $34.5M | $40.29 | No quote |
| 19 | PEP | Pepsico Inc | 2.28% | Add +2.1% | 433,347 | $34.45M | $79.50 | No quote |
| 20 | AUY | Yamana Gold Inc | 2.19% | Reduce -1.5% | 3,177,892 | $33.05M | No quote | No quote |
| 21 | TRI | Thomson Reuters Corp Com | 2.18% | Reduce -4.8% | 942,187 | $32.99M | No quote | No quote |
| 22 | TRP | Transcanada Corp | 2.16% | Add +4.5% | 744,144 | $32.7M | $43.94 | No quote |
| 23 | GG | Goldcorp Inc | 2.15% | Reduce -19.7% | 1,248,931 | $32.49M | No quote | No quote |
| 24 | WMT | WalMart Stores | 2.12% | Add +21.5% | 433,956 | $32.1M | $73.96 | No quote |
| 25 | VZ | Verizon Communications Com | 2.05% | Reduce -25.6% | 661,889 | $30.89M | $46.68 | No quote |
| 26 | TRV | Travelers Companies Inc | 1.70% | Add +20.9% | 303,184 | $25.7M | $84.77 | No quote |
| 27 | USB | US Bancorp | 1.68% | Reduce -6.5% | 693,991 | $25.39M | $36.58 | No quote |
| 28 | GSK | GlaxoSmithKline PLC | 1.60% | Reduce -4.2% | 482,330 | $24.2M | $50.17 | No quote |
| 29 | KMB | Kimberly Clark | 1.56% | Add +38.9% | 249,815 | $23.54M | $94.22 | No quote |
| 30 | ADP | Automatic Data Processing | 1.53% | Reduce -6.8% | 318,810 | $23.08M | $72.38 | No quote |
| 31 | CHL | China Mobile LTD | 1.45% | Reduce -3.9% | 387,828 | $21.89M | No quote | No quote |
| 32 | XOM | Exxon Mobil Corporation | 1.35% | Reduce -18.7% | 237,596 | $20.44M | $86.04 | No quote |
| 33 | CEF | Central Fund* | 1.35% | Reduce -3.5% | 1,384,865 | $20.36M | No quote | No quote |
| 34 | EMR | Emerson Electric | 1.34% | Reduce -5.8% | 313,474 | $20.28M | $64.70 | No quote |
| 35 | MMM | 3M Company | 1.32% | Reduce -6.4% | 166,457 | $19.88M | $119.41 | No quote |
| 36 | ABT | Abbott Labs | 1.31% | Add +8.2% | 598,301 | $19.86M | $33.19 | No quote |
| 37 | BP | BP PLC | 1.29% | Add +2.3% | 462,225 | $19.43M | $42.03 | No quote |
| 38 | WAG | Walgreen Co. | 1.28% | Reduce -35.0% | 360,334 | $19.39M | No quote | No quote |
| 39 | BK | Bank of New York Mellon Corp | 1.28% | Reduce -4.5% | 640,141 | $19.33M | $30.19 | No quote |
| 40 | VLO | Valero Energy Corp | 1.25% | New | 554,401 | $18.93M | $34.15 | No quote |
| 41 | CLX | Clorox Co | 1.25% | Add +27.1% | 231,630 | $18.93M | $81.72 | No quote |
| 42 | UTX | United Technologies | 1.25% | New | 175,217 | $18.89M | No quote | No quote |
| 43 | SO | Southern Company | 1.23% | New | 451,782 | $18.6M | $41.18 | No quote |
| 44 | BDX | Becton Dickinson & Co | 1.16% | Reduce -6.6% | 175,319 | $17.54M | $100.02 | No quote |
| 45 | CL | Colgate Palmolive | 1.10% | Reduce -4.4% | 280,915 | $16.66M | $59.30 | No quote |
| 46 | DE | Deere & Co | 1.10% | New | 204,600 | $16.65M | $81.39 | No quote |
| 47 | CA | CA Inc | 1.10% | Reduce -34.8% | 559,517 | $16.6M | No quote | No quote |
| 48 | KMI | Kinder Morgan Inc | 1.04% | Reduce -45.2% | 442,515 | $15.74M | $35.57 | No quote |
| 49 | EWJ | iShares MSCI Japan | 0.66% | Add +1.4% | 834,820 | $9.95M | $11.92 | No quote |
| 50 | PBCT | Peoples United Financial Inc | 0.51% | Reduce -50.4% | 535,895 | $7.71M | No quote | No quote |
| 51 | MKC | McCormick & Co | 0.41% | Reduce -1.7% | 96,800 | $6.26M | $64.70 | No quote |
| 52 | GLD | SPDR Gold Trust | 0.28% | Reduce -2.8% | 32,765 | $4.2M | $128.19 | No quote |
| 53 | DVY | iShares Dow Jones Select Div I | 0.23% | Reduce -0.8% | 53,477 | $3.55M | No quote | No quote |
| 54 | IAU | iShares Comex Gold | 0.23% | Add +2.7% | 269,630 | $3.48M | $12.89 | No quote |
| 55 | SPY | SPDR Tr Unit Ser 1 | 0.23% | Reduce -4.7% | 20,406 | $3.43M | $167.99 | No quote |
| 56 | PM | Phillip Morris International | 0.20% | Reduce -0.1% | 35,486 | $3.07M | $86.60 | No quote |
| 57 | GDX | Market Vectors Gold Miners | 0.14% | Reduce -0.7% | 84,468 | $2.11M | No quote | No quote |
| 58 | MO | Altria Group Inc. | 0.13% | Reduce -13.2% | 56,143 | $1.93M | $34.36 | No quote |
| 59 | RSP | Rydex S&P 500 Equal Weighted I | 0.11% | Reduce -4.5% | 25,365 | $1.65M | $65.21 | No quote |
| 60 | HDV | iShares High Dividend Equity F | 0.11% | Add +14.3% | 24,532 | $1.63M | No quote | No quote |
| 61 | RDSB | Royal Dutch Shell PLC B | 0.09% | Reduce -1.0% | 20,004 | $1.38M | No quote | No quote |
| 62 | VOX | Vanguard Telecommunications | 0.06% | Reduce -11.4% | 11,010 | $889K | No quote | No quote |
| 63 | JOF | Japan Smaller Cap. Fund | 0.05% | Reduce -3.4% | 80,725 | $734K | No quote | No quote |
| 64 | AEP | American Elec Pwr Inc Com | 0.05% | Add +1.1% | 16,135 | $699K | $43.32 | No quote |
| 65 | SBAC | SBA Communications Corp | 0.04% | - | 8,388 | $675K | $80.47 | No quote |
| 66 | COP | ConocoPhillips | 0.04% | Reduce -4.4% | 9,129 | $635K | $69.56 | No quote |
| 67 | AAPL | Apple Inc. | 0.04% | Reduce -37.2% | 1,274 | $607K | $476.45 | No quote |
| 68 | SDY | SPDR S&P Dividend ETF | 0.03% | Reduce -32.1% | 7,200 | $496K | $68.89 | No quote |
| 69 | IVV | iShares Tr S&P 500 Index | 0.03% | - | 2,559 | $432K | $168.82 | No quote |
| 70 | MCD | McDonalds Corp | 0.03% | Add +1.0% | 4,353 | $419K | $96.26 | No quote |
| 71 | IWD | Ishares Tr - Russell 1000 Valu | 0.03% | - | 4,700 | $405K | $86.17 | No quote |
| 72 | RDSA | Royal Dutch Shell | 0.03% | Reduce -17.2% | 5,914 | $388K | No quote | No quote |
| 73 | MDY | Midcap SPDR Tr Un Sr 1 | 0.02% | Reduce -8.0% | 1,560 | $353K | $226.28 | No quote |
| 74 | HD | Home Depot | 0.02% | New | 4,500 | $341K | $75.78 | No quote |
| 75 | KMP | Kinder Morgan Energy | 0.02% | - | 3,625 | $289K | No quote | No quote |
| 76 | AWK | American Water Works Co Inc | 0.02% | - | 6,800 | $281K | $41.32 | No quote |
| 77 | EMF | Templeton Emerging Markets | 0.02% | Reduce -3.3% | 14,747 | $279K | No quote | No quote |
| 78 | IWR | Ishares Russell Midcap Index | 0.02% | - | 2,000 | $278K | $139.00 | No quote |
| 79 | PEO | Petroleum & Res Corp Com | 0.02% | Reduce -3.8% | 9,857 | $267K | No quote | No quote |
| 80 | JEQ | Japan Equity Fd Inc Com | 0.02% | - | 36,650 | $251K | No quote | No quote |
| 81 | 57061R | Market Vectors Junior Gold Min | 0.02% | Reduce -77.2% | 6,105 | $249K | No quote | No quote |
| 82 | PHYS | Sprott Physical Gold Trust | 0.01% | - | 13,500 | $149K | $11.04 | No quote |
| 83 | SEAOF | SEACO Ltd. | 0.00% | - | 50,656 | $4K | No quote | No quote |
| 101 | VDC | Vanguard Consumer Staples Fund | - | Sold | 0 | $0 | No quote | No quote |
| 100 | UNH | United Healthcare Corp | - | Sold | 0 | $0 | No quote | No quote |
| 99 | TEVA | Teva Pharmaceutical Industries | - | Sold | 0 | $0 | No quote | No quote |
| 98 | TGT | Target Corp | - | Sold | 0 | $0 | No quote | No quote |
| 97 | SLB | Schlumberger Ltd | - | Sold | 0 | $0 | No quote | No quote |
| 96 | NVS | Novartis AG | - | Sold | 0 | $0 | No quote | No quote |
| 95 | NEM | Newmont Mining Corp Com | - | Sold | 0 | $0 | No quote | No quote |
| 94 | K | Kellogg Co | - | Sold | 0 | $0 | No quote | No quote |
| 93 | JPM | J.P. Morgan | - | Sold | 0 | $0 | No quote | No quote |
| 92 | EWZ | iShares MSCI Brazil Index | - | Sold | 0 | $0 | No quote | No quote |
| 91 | GOOGL | Google Inc Cl A | - | Sold | 0 | $0 | No quote | No quote |
| 90 | GS | Goldman Sachs Group Inc | - | Sold | 0 | $0 | No quote | No quote |
| 89 | SDIV | Global X Superdividend Fund | - | Sold | 0 | $0 | No quote | No quote |
| 88 | FE | FirstEnergy Corp | - | Sold | 0 | $0 | No quote | No quote |
| 87 | D | Dominion Res Inc Va Com | - | Sold | 0 | $0 | No quote | No quote |
| 86 | BAC | Bank Of America Corp | - | Sold | 0 | $0 | No quote | No quote |
| 85 | AMZN | Amazon Inc | - | Sold | 0 | $0 | No quote | No quote |
| 84 | ADVNA | Advanta Corp. | 0.00% | - | 10,000 | $0 | No quote | No quote |