Valley Forge Capital Management, LP — MOODYS CORP MCO: Quarterly 13F Position History
Valley Forge Capital Management, LP has reported MOODYS CORP (MCO) on 38 13F-HR filings in Pactolio's tracked window, first appearing in Q4 2016. As of Q1 2026, the position is sized at 1,317,188 shares ($574.6M market value, 17.02% of the equity book). Quarter-over-quarter share count change: 104 (-0.0%) .
- 1,317,188Shares Held (Latest Filing)
- $574.6MReported Market Value (Latest Filing)
- 17.02%Portfolio Weight (% of 13F Equity Book)
- 104Quarter-over-Quarter Share Change
- -$98.3MQuarter-over-Quarter Value Change
- 1,317,292Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 38 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,317,188 | 104 | -0.0% | $574.6M | 17.02% | $436.25 |
| Q4 2025 | 1,317,292 | +3,148 | +0.2% | $672.9M | 15.25% | $510.85 |
| Q3 2025 | 1,314,144 | 0 | — | $626.2M | 15.06% | $476.48 |
| Q2 2025 | 1,314,144 | 0 | — | $659.2M | 14.56% | $501.59 |
| Q1 2025 | 1,314,144 | 0 | — | $612.0M | 13.94% | $465.69 |
| Q4 2024 | 1,314,144 | +25,700 | +2.0% | $622.1M | 13.70% | $473.37 |
| Q3 2024 | 1,288,444 | +70,034 | +5.7% | $611.5M | 13.59% | $474.59 |
| Q2 2024 | 1,218,410 | 0 | — | $512.9M | 13.26% | $420.93 |
| Q1 2024 | 1,218,410 | 0 | — | $478.9M | 13.06% | $393.03 |
| Q4 2023 | 1,218,410 | 0 | — | $475.9M | 13.53% | $390.56 |
| Q3 2023 | 1,218,410 | 0 | — | $385.2M | 13.14% | $316.17 |
| Q2 2023 | 1,218,410 | 0 | — | $423.7M | 14.36% | $347.72 |
| Q1 2023 | 1,218,410 | 0 | — | $372.9M | 14.12% | $306.02 |
| Q4 2022 | 1,218,410 | +59,406 | +5.1% | $339.5M | 13.78% | $278.62 |
| Q3 2022 | 1,159,004 | 0 | — | $281.8M | 13.37% | $243.11 |
| Q2 2022 | 1,159,004 | +78,123 | +7.2% | $315.2M | 14.10% | $271.97 |
| Q1 2022 | 1,080,881 | +53,147 | +5.2% | $364.7M | 13.87% | $337.41 |
| Q4 2021 | 1,027,734 | 128,512 | -11.1% | $401.4M | 15.18% | $390.58 |
| Q3 2021 | 1,156,246 | +1,000 | +0.1% | $410.6M | 16.31% | $355.11 |
| Q2 2021 | 1,155,246 | 0 | — | $418.6M | 16.26% | $362.37 |
| Q1 2021 | 1,155,246 | +561,717 | +94.6% | $345.0M | 16.32% | $298.61 |
| Q4 2020 | 593,529 | +5,000 | +0.8% | $172.3M | 16.00% | $290.24 |
| Q3 2020 | 588,529 | +19,000 | +3.3% | $170.6M | 18.51% | $289.85 |
| Q2 2020 | 569,529 | +119,614 | +26.6% | $156.5M | 19.02% | $274.73 |
| Q1 2020 | 449,915 | 0 | — | $95.2M | 20.15% | $211.50 |
| Q4 2019 | 449,915 | +3,000 | +0.7% | $106.8M | 20.76% | $237.41 |
| Q3 2019 | 446,915 | +26,000 | +6.2% | $91.5M | 20.43% | $204.83 |
| Q2 2019 | 420,915 | 0 | — | $82.2M | 19.49% | $195.31 |
| Q1 2019 | 420,915 | +36,000 | +9.4% | $76.2M | 20.17% | $181.09 |
| Q4 2018 | 384,915 | +15,500 | +4.2% | $53.9M | 20.39% | $140.04 |
| Q3 2018 | 369,415 | +18,000 | +5.1% | $61.8M | 20.55% | $167.20 |
| Q2 2018 | 351,415 | 0 | — | $59.9M | 23.30% | $170.56 |
| Q1 2018 | 351,415 | 0 | — | $56.7M | 26.54% | $161.30 |
| Q4 2017 | 351,415 | 0 | — | $51.9M | 27.39% | $147.61 |
| Q3 2017 | 351,415 | 0 | — | $48.9M | 31.01% | $139.21 |
| Q2 2017 | 351,415 | 0 | — | $42.8M | 30.41% | $121.68 |
| Q1 2017 | 351,415 | 0 | — | $39.4M | 30.64% | $112.04 |
| Q4 2016 | 351,415 | — | — | $33.1M | 30.22% | $94.27 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Valley Forge Capital Management, LP first disclose a MCO position in 13F-HR filings?
Valley Forge Capital Management, LP first reported MOODYS CORP (MCO) on its 13F-HR filing for the period ending 2016-12-31 (Q4 2016). The position has appeared on 38 reported quarters within Pactolio's tracked window.
What was Valley Forge Capital Management, LP's most recent quarter-over-quarter share-count change in MCO?
Between Q4 2025 and Q1 2026, Valley Forge Capital Management, LP reduced its MCO position by 104 shares (-0.0%), leaving 1,317,188 shares at a market value of $574.6M.
Does the implied price-per-share represent Valley Forge Capital Management, LP's cost basis in MCO?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.