What Dev Kantesaria did in Q4 2025

Valley Forge Capital filed 4 moves in Q4 2025: 0 new, 3 add, 1 trim, 0 exit.

13F filed 2026-02-14. Manager quality score: q9. Philosophy: Extreme concentration — 5 to 8 positions. Quality compounders only.

Adds · 3

Adding to conviction

ADD +4%·22.4% book·+15

“Top conviction — adding to 15+ year Moody's position.”

ADD +8%·15.3% book·+19

“Index monopoly add.”

ADD +12%·8.4% book·+25

“Building HEICO — aerospace aftermarket.”

Trims · 1

INTUINTUIT

TRIM -15%·4.2% book·−8

Current top holdings

#	Ticker	Weight	Conviction
1	MCO Moody's	22.4%	+15
2	FICO Fair Isaac	18.7%	+28
3	MSCI MSCI Inc	15.3%	+19
4	V Visa	12.8%	+8
5	MA Mastercard	11.2%	+17
6	HEI HEICO Corp	8.4%	+25

Not investment advice. Data from 13F filings with HoldLens parsing. Methodology.