Quality Investing

Dev Kantesaria (Valley Forge Capital Management, LP) disclosed 9 total holdings in its latest 13F filing dated 2025-09-30, with a portfolio value of $4.16 B billion and a turnover rate of 0.0%.

$4.16 B
Portfolio
9
Holdings
Q3 2025 Report
Filed Nov 14, 2025
0.03%
Turnover

Dev Kantesaria Top Holdings of 2025-09-30

Ticker Name Shares Value % of Portfolio Time Held % Change
768,422 $1.15 B 27.66% 7.3 Years 0.00%
1.76 M $854.22 M 20.55% 8.7 Years 0.00%
MA
1.48 M $844.55 M 20.32% 8.7 Years 0.00%
MCO
1.31 M $626.16 M 15.06% 8.7 Years 0.00%
V
912,017 $311.34 M 7.49% 8.7 Years 0.00%
261,097 $178.31 M 4.29% 8.7 Years -0.84%
125,627 $121.62 M 2.93% 2.3 Years 0.00%
EFX
144,000 $36.94 M 0.89% 0.75 Years 0.00%
59,700 $33.87 M 0.81% 0.75 Years 0.00%

Recent Moves

Reduced Exposure to Position
-2,215 Shares | -$1.51 M Value
Reduced exposure to Technology
Q3 2025

Dev Kantesaria's Historical Top Holdings Breakdown

Portfolio Date:

Dev Kantesaria Top Stock Picks

Ticker Name Date Activity Shares Shares Change Value Change
09/30/2025 Reduce -0.8% 261,097 -2,215 $1.51 M
06/30/2025 Reduce -11.5% 263,312 -34,048 $26.82 M
03/31/2025 Reduce -26.1% 297,360 -104,921 $64.42 M
03/31/2025 Reduce -2.0% 768,422 -15,700 $28.95 M
N/A
ASPEN TECHNOLOGY INC
12/31/2024 Sold Out 295,485 -295,485 $70.57 M
12/31/2024 Reduce -3.1% 784,122 -24,671 $49.12 M
EFX
12/31/2024 New Buy 144,000 144,000 $36.7 M
12/31/2024 New Buy 59,700 59,700 $35.82 M
12/31/2024 Reduce -9.6% 402,281 -42,600 $26.77 M
12/31/2024 Add 2.9% 1.76 M 49,200 $24.5 M

Dev Kantesaria's Sector Breakdowns

Portfolio Date:

About Dev Kantesaria

Dev Kantesaria is the Founder and Portfolio Manager of Valley Forge Capital Management, a Pennsylvania-based investment firm he established in 2007. Distinguished by a unique background that blends science and finance, Kantesaria holds an M.D. from Harvard Medical School and previously worked as a Venture Capitalist before transitioning to public equity markets. This non-traditional path provided him with a rigorous analytical framework and a deep understanding of business quality. Starting with a modest amount of capital, he has built Valley Forge into a multi-billion dollar firm, earning a reputation as a "Super Investor" for generating exceptional, market-beating returns over nearly two decades through a disciplined, long-only strategy.

Frequently Asked Questions

As of 2025-09-30, Dev Kantesaria holds 9 stocks. Top positions include FICO, SPGI, MA, MCO, V. For full portfolio details, please visit Dev Kantesaria’s portfolio.

Dev Kantesaria did not initiate any new positions in the latest quarter.

According to the 13F filing for Q3 2025, There is no available data showing what Dev Kantesaria is buying.

Dev Kantesaria’s firm may occasionally request confidential treatment under SEC rule 13F-HR, which allows temporary non-disclosure of certain positions.