Skip to main content
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.

Get email alerts when Valley Forge Capital Management files a new 13F — sign in or create a free account.

Updated 2026-06-06 from SEC 13F data.

Live quotes available for 62 of 95 rows. Rows without a quote are marked unavailable.

1VODVodafone3.07%Reduce -40.9%810,407$31.86MNo quoteNo quote
2GEGeneral Electric3.07%Reduce -41.0%1,136,259$31.85M$28.03No quote
3PFEPfizer3.01%Reduce -44.9%1,020,493$31.26M$30.63No quote
4INTCIntel Corp3.00%Reduce -39.1%1,200,573$31.16M$25.96No quote
5TAT&T Inc2.85%Reduce -39.4%842,255$29.61M$35.16No quote
6WFCWells Fargo & Co New Com2.80%Reduce -40.4%639,475$29.03M$45.40No quote
7WMWaste Mgmt Inc Del Com2.77%Reduce -42.0%641,733$28.8M$44.87No quote
8MRKMerck & Co2.76%Reduce -42.0%571,931$28.63M$50.05No quote
9MSFTMicrosoft Corp2.66%Reduce -42.3%737,936$27.61M$37.41No quote
10KOCoca Cola2.48%Reduce -41.5%623,327$25.75M$41.31No quote
11XOMExxon Mobil Corporation2.46%Add +6.3%252,642$25.57M$101.20No quote
12CSCOCisco Sys Inc Com2.46%Reduce -40.5%1,137,532$25.52M$22.43No quote
13PGProcter and Gamble2.40%Reduce -33.2%305,979$24.91M$81.41No quote
14JNJJohnson & Johnson2.28%Reduce -47.5%258,769$23.7M$91.59No quote
15DDDu Pont E.I. De Nemours & Co.2.26%Reduce -39.9%361,367$23.48M$64.97No quote
16TXNTexas Instruments Inc2.24%Reduce -38.1%529,677$23.26M$43.91No quote
17PAYXPaychex Inc2.05%Reduce -52.7%468,246$21.32M$45.53No quote
18TRVTravelers Companies Inc2.04%Reduce -23.0%233,502$21.14M$90.54No quote
19WMTWalMart Stores2.03%Reduce -38.3%267,682$21.06M$78.69No quote
20VZVerizon Communications Com1.98%Reduce -36.8%418,638$20.57M$49.14No quote
21BMYBristol-Myers Squibb Co1.97%Reduce -48.9%384,693$20.45M$53.15No quote
22TRIThomson Reuters Corp Com1.95%Reduce -43.1%536,181$20.28MNo quoteNo quote
23TRPTranscanada Corp1.79%Reduce -45.4%406,245$18.55M$45.66No quote
24USBUS Bancorp1.65%Reduce -38.7%425,119$17.18M$40.40No quote
25DEDeere & Co1.59%Reduce -11.5%181,150$16.54M$91.33No quote
26KMBKimberly Clark1.59%Reduce -36.6%158,266$16.53M$104.46No quote
27POTPotash Corp Sask Inc1.51%New476,775$15.72MNo quoteNo quote
28EMREmerson Electric1.48%Reduce -30.1%219,188$15.38M$70.18No quote
29CEFCentral Fund*1.48%Reduce -16.5%1,156,342$15.32MNo quoteNo quote
30VLOValero Energy Corp1.45%Reduce -46.3%298,003$15.02M$50.40No quote
31CCitiGroup Inc1.42%New282,280$14.71M$52.11No quote
32BPBP PLC1.42%Reduce -34.6%302,160$14.69M$48.61No quote
33GSKGlaxoSmithKline PLC1.41%Reduce -43.3%273,483$14.6M$53.39No quote
34ABTAbbott Labs1.37%Reduce -37.9%371,334$14.23M$38.33No quote
35BKBank of New York Mellon Corp1.37%Reduce -36.4%407,046$14.22M$34.94No quote
36MMM3M Company1.26%Reduce -43.9%93,420$13.1M$140.25No quote
37PEPPepsico Inc1.22%Reduce -64.8%152,670$12.66M$82.94No quote
38WAGWalgreen Co.1.21%Reduce -39.1%219,510$12.61MNo quoteNo quote
39GLWCorning Inc1.21%New706,300$12.59M$17.82No quote
40CPBCampbell Soup1.20%New288,703$12.5M$43.28No quote
41CACA Inc1.20%Reduce -33.9%370,070$12.45MNo quoteNo quote
42BRCMBroadcom Corp Cl A1.20%New419,925$12.45MNo quoteNo quote
43CHLChina Mobile LTD1.18%Reduce -39.5%234,459$12.26MNo quoteNo quote
44SYYSysco Corp1.12%Reduce -70.5%322,630$11.65M$36.10No quote
45ADPAutomatic Data Processing1.08%Reduce -56.6%138,249$11.17M$80.80No quote
46EMCEMC Corp Mass Com1.06%New438,498$11.03MNo quoteNo quote
47CLColgate Palmolive1.05%Reduce -40.4%167,391$10.92M$65.21No quote
48AXPAmerican Express Co1.04%New119,148$10.81M$90.73No quote
49BDXBecton Dickinson & Co1.04%Reduce -44.3%97,695$10.79M$110.49No quote
50GGGoldcorp Inc1.01%Reduce -61.1%485,904$10.53MNo quoteNo quote
51KMIKinder Morgan Inc1.00%Reduce -34.6%289,219$10.41M$36.00No quote
52SPYSPDR Tr Unit Ser 11.00%Add +175.6%56,246$10.39M$184.69No quote
53CLXClorox Co0.98%Reduce -52.9%109,219$10.13M$92.76No quote
54EWJiShares MSCI Japan0.95%Reduce -2.3%816,032$9.91M$12.14No quote
55BACBank Of America Corp0.94%New626,885$9.76M$15.57No quote
56DEMWisdom Tree Emerging Markets E0.83%New169,150$8.63MNo quoteNo quote
57PBCTPeoples United Financial Inc0.52%Reduce -34.0%353,584$5.35MNo quoteNo quote
58GLDSPDR Gold Trust0.31%Reduce -16.2%27,467$3.19M$116.10No quote
59DVYiShares Dow Jones Select Div I0.28%Reduce -24.9%40,145$2.86MNo quoteNo quote
60IAUiShares Comex Gold0.22%Reduce -28.8%191,920$2.24M$11.68No quote
61HDViShares High Dividend Equity F0.21%Add +28.5%31,520$2.21MNo quoteNo quote
62MKCMcCormick & Co0.21%Reduce -67.2%31,800$2.19M$68.93No quote
63RSPRydex S&P 500 Equal Weighted I0.16%Reduce -8.1%23,305$1.66M$71.23No quote
64RDSBRoyal Dutch Shell PLC B0.14%Reduce -2.9%19,429$1.46MNo quoteNo quote
65GDXMarket Vectors Gold Miners0.13%Reduce -27.3%61,373$1.3MNo quoteNo quote
66PMPhillip Morris International0.11%Reduce -62.4%13,336$1.16M$87.13No quote
67MOAltria Group Inc.0.09%Reduce -58.9%23,088$886K$38.37No quote
68SBACSBA Communications Corp0.07%-8,388$754K$89.89No quote
69JOFJapan Smaller Cap. Fund0.07%Reduce -4.7%76,975$706KNo quoteNo quote
70AAPLApple Inc.0.07%Reduce -3.5%1,229$690K$561.43No quote
71COPConocoPhillips0.06%Reduce -4.9%8,679$613K$70.63No quote
72IVViShares Tr S&P 500 Index0.05%-2,559$475K$185.62No quote
73MCDMcDonalds Corp0.04%-4,353$422K$96.94No quote
74RDSARoyal Dutch Shell0.04%Reduce -6.8%5,514$393KNo quoteNo quote
75MDYMidcap SPDR Tr Un Sr 10.04%-1,560$381K$244.23No quote
76HDHome Depot0.04%-4,500$371K$82.44No quote
77CATCaterpillar Inc0.03%New3,950$359K$90.89No quote
78IWRIshares Russell Midcap Index0.03%-2,000$300K$150.00No quote
79KMPinder Morgan Energy0.03%Reduce -2.8%3,525$284KNo quoteNo quote
80IWDIshares Tr - Russell 1000 Valu0.03%Reduce -36.2%3,000$283K$94.33No quote
81PEOPetroleum & Res Corp Com0.03%Reduce -1.1%9,753$267KNo quoteNo quote
82JEQJapan Equity Fd Inc Com0.02%-36,650$256KNo quoteNo quote
83EMFTempleton Emerging Markets0.02%Reduce -1.4%14,547$255KNo quoteNo quote
84AUYYamana Gold Inc0.02%Reduce -99.4%19,700$170KNo quoteNo quote
85PHYSSprott Physical Gold Trust0.01%Reduce -11.1%12,000$120K$10.00No quote
95VOXVanguard Telecommunications-Sold0$0No quoteNo quote
94UTXUnited Technologies-Sold0$0No quoteNo quote
93SDYSPDR S&P Dividend ETF-Sold0$0No quoteNo quote
92SOSouthern Company-Sold0$0No quoteNo quote
91SLGLFSilverado Gold Mines Ltd0.00%New10,000$0No quoteNo quote
90SEAOFSEACO Ltd.0.00%-50,656$0No quoteNo quote
8957061RMarket Vectors Junior Gold Min-Sold0$0No quoteNo quote
88AWKAmerican Water Works Co Inc-Sold0$0No quoteNo quote
87AEPAmerican Elec Pwr Inc Com-Sold0$0No quoteNo quote
86ADVNAAdvanta Corp.0.00%-10,000$0No quoteNo quote