Valley Forge Capital Management, LP: MOODYS CORP (MCO): Quarterly 13F Position History
As of Q1 2026, Valley Forge Capital Management, LP reported 1,317,188 shares of MOODYS CORP (MCO), worth $574.6M and representing 17.0% of its 13F equity book. Quarter-over-quarter share count change: 104 (-0.0%) . The position first appeared in Q4 2016 and has been disclosed across 38 13F-HR filings in Pactolio's tracked window.
- 1,317,188Shares Held (Latest Filing)
- $574.6MReported Market Value (Latest Filing)
- 17.0%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 | 17.0% | $436.3 |
| Q4 2025 | 1,317,292 | +3,148 | +0.2% | $672.9M | 15.3% | $510.9 |
| Q3 2025 | 1,314,144 | 0 | — | $626.2M | 15.1% | $476.5 |
| Q2 2025 | 1,314,144 | 0 | — | $659.2M | 14.6% | $501.6 |
| Q1 2025 | 1,314,144 | 0 | — | $612.0M | 13.9% | $465.7 |
| Q4 2024 | 1,314,144 | +25,700 | +2.0% | $622.1M | 13.7% | $473.4 |
| Q3 2024 | 1,288,444 | +70,034 | +5.7% | $611.5M | 13.6% | $474.6 |
| Q2 2024 | 1,218,410 | 0 | — | $512.9M | 13.3% | $420.9 |
| Q1 2024 | 1,218,410 | 0 | — | $478.9M | 13.1% | $393.0 |
| Q4 2023 | 1,218,410 | 0 | — | $475.9M | 13.5% | $390.6 |
| Q3 2023 | 1,218,410 | 0 | — | $385.2M | 13.1% | $316.2 |
| Q2 2023 | 1,218,410 | 0 | — | $423.7M | 14.4% | $347.7 |
| Q1 2023 | 1,218,410 | 0 | — | $372.9M | 14.1% | $306.0 |
| Q4 2022 | 1,218,410 | +59,406 | +5.1% | $339.5M | 13.8% | $278.6 |
| Q3 2022 | 1,159,004 | 0 | — | $281.8M | 13.4% | $243.1 |
| Q2 2022 | 1,159,004 | +78,123 | +7.2% | $315.2M | 14.1% | $272.0 |
| Q1 2022 | 1,080,881 | +53,147 | +5.2% | $364.7M | 13.9% | $337.4 |
| Q4 2021 | 1,027,734 | 128,512 | -11.1% | $401.4M | 15.2% | $390.6 |
| Q3 2021 | 1,156,246 | +1,000 | +0.1% | $410.6M | 16.3% | $355.1 |
| Q2 2021 | 1,155,246 | 0 | — | $418.6M | 16.3% | $362.4 |
| Q1 2021 | 1,155,246 | +561,717 | +94.6% | $345.0M | 16.3% | $298.6 |
| Q4 2020 | 593,529 | +5,000 | +0.8% | $172.3M | 16.0% | $290.2 |
| Q3 2020 | 588,529 | +19,000 | +3.3% | $170.6M | 18.5% | $289.8 |
| Q2 2020 | 569,529 | +119,614 | +26.6% | $156.5M | 19.0% | $274.7 |
| Q1 2020 | 449,915 | 0 | — | $95.2M | 20.2% | $211.5 |
| Q4 2019 | 449,915 | +3,000 | +0.7% | $106.8M | 20.8% | $237.4 |
| Q3 2019 | 446,915 | +26,000 | +6.2% | $91.5M | 20.4% | $204.8 |
| Q2 2019 | 420,915 | 0 | — | $82.2M | 19.5% | $195.3 |
| Q1 2019 | 420,915 | +36,000 | +9.4% | $76.2M | 20.2% | $181.1 |
| Q4 2018 | 384,915 | +15,500 | +4.2% | $53.9M | 20.4% | $140.0 |
| Q3 2018 | 369,415 | +18,000 | +5.1% | $61.8M | 20.6% | $167.2 |
| Q2 2018 | 351,415 | 0 | — | $59.9M | 23.3% | $170.6 |
| Q1 2018 | 351,415 | 0 | — | $56.7M | 26.5% | $161.3 |
| Q4 2017 | 351,415 | 0 | — | $51.9M | 27.4% | $147.6 |
| Q3 2017 | 351,415 | 0 | — | $48.9M | 31.0% | $139.2 |
| Q2 2017 | 351,415 | 0 | — | $42.8M | 30.4% | $121.7 |
| Q1 2017 | 351,415 | 0 | — | $39.4M | 30.6% | $112.0 |
| Q4 2016 | 351,415 | — | — | $33.1M | 30.2% | $94.3 |
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.