Valley Forge Capital Management, LP — S&P GLOBAL INC SPGI: Quarterly 13F Position History
Valley Forge Capital Management, LP has reported S&P GLOBAL INC (SPGI) on 38 13F-HR filings in Pactolio's tracked window, first appearing in Q4 2016. As of Q1 2026, the position is sized at 1,758,074 shares ($747.8M market value, 22.15% of the equity book). Quarter-over-quarter share count change: 105 (-0.0%) .
- 1,758,074Shares Held (Latest Filing)
- $747.8MReported Market Value (Latest Filing)
- 22.15%Portfolio Weight (% of 13F Equity Book)
- 105Quarter-over-Quarter Share Change
- -$171.0MQuarter-over-Quarter Value Change
- 1,758,179Peak 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 | 1,758,074 | 105 | -0.0% | $747.8M | 22.15% | $425.34 |
| Q4 2025 | 1,758,179 | +3,081 | +0.2% | $918.8M | 20.83% | $522.59 |
| Q3 2025 | 1,755,098 | 0 | — | $854.2M | 20.55% | $486.71 |
| Q2 2025 | 1,755,098 | 0 | — | $925.4M | 20.44% | $527.29 |
| Q1 2025 | 1,755,098 | 0 | — | $891.8M | 20.32% | $508.10 |
| Q4 2024 | 1,755,098 | +49,200 | +2.9% | $874.1M | 19.25% | $498.03 |
| Q3 2024 | 1,705,898 | +50,337 | +3.0% | $881.3M | 19.58% | $516.62 |
| Q2 2024 | 1,655,561 | 0 | — | $738.4M | 19.09% | $446.00 |
| Q1 2024 | 1,655,561 | 0 | — | $704.4M | 19.21% | $425.45 |
| Q4 2023 | 1,655,561 | 0 | — | $729.3M | 20.73% | $440.52 |
| Q3 2023 | 1,655,561 | 0 | — | $605.0M | 20.64% | $365.41 |
| Q2 2023 | 1,655,561 | +262,908 | +18.9% | $663.7M | 22.50% | $400.89 |
| Q1 2023 | 1,392,653 | 0 | — | $480.1M | 18.18% | $344.77 |
| Q4 2022 | 1,392,653 | +97,378 | +7.5% | $466.5M | 18.94% | $334.94 |
| Q3 2022 | 1,295,275 | 0 | — | $395.5M | 18.77% | $305.35 |
| Q2 2022 | 1,295,275 | +105,914 | +8.9% | $436.6M | 19.52% | $337.06 |
| Q1 2022 | 1,189,361 | +76,448 | +6.9% | $487.9M | 18.56% | $410.18 |
| Q4 2021 | 1,112,913 | 163,631 | -12.8% | $525.2M | 19.86% | $471.93 |
| Q3 2021 | 1,276,544 | +4,000 | +0.3% | $542.4M | 21.55% | $424.89 |
| Q2 2021 | 1,272,544 | 0 | — | $522.3M | 20.29% | $410.45 |
| Q1 2021 | 1,272,544 | +627,003 | +97.1% | $449.0M | 21.24% | $352.87 |
| Q4 2020 | 645,541 | +11,543 | +1.8% | $212.2M | 19.71% | $328.73 |
| Q3 2020 | 633,998 | +86,493 | +15.8% | $228.6M | 24.81% | $360.60 |
| Q2 2020 | 547,505 | +109,545 | +25.0% | $180.4M | 21.93% | $329.48 |
| Q1 2020 | 437,960 | +16,553 | +3.9% | $107.3M | 22.73% | $245.05 |
| Q4 2019 | 421,407 | 0 | — | $115.1M | 22.36% | $273.05 |
| Q3 2019 | 421,407 | 0 | — | $103.2M | 23.04% | $244.98 |
| Q2 2019 | 421,407 | +14,000 | +3.4% | $96.0M | 22.76% | $227.79 |
| Q1 2019 | 407,407 | 0 | — | $85.8M | 22.70% | $210.55 |
| Q4 2018 | 407,407 | +37,875 | +10.2% | $69.2M | 26.19% | $169.94 |
| Q3 2018 | 369,532 | +67,300 | +22.3% | $72.2M | 24.03% | $195.39 |
| Q2 2018 | 302,232 | 0 | — | $61.6M | 23.96% | $203.89 |
| Q1 2018 | 302,232 | +10,023 | +3.4% | $57.7M | 27.04% | $191.06 |
| Q4 2017 | 292,209 | 0 | — | $49.5M | 26.13% | $169.40 |
| Q3 2017 | 292,209 | 0 | — | $45.7M | 28.95% | $156.31 |
| Q2 2017 | 292,209 | 0 | — | $42.7M | 30.34% | $145.99 |
| Q1 2017 | 292,209 | 0 | — | $38.2M | 29.73% | $130.74 |
| Q4 2016 | 292,209 | — | — | $31.4M | 28.67% | $107.54 |
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 SPGI position in 13F-HR filings?
Valley Forge Capital Management, LP first reported S&P GLOBAL INC (SPGI) 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 SPGI?
Between Q4 2025 and Q1 2026, Valley Forge Capital Management, LP reduced its SPGI position by 105 shares (-0.0%), leaving 1,758,074 shares at a market value of $747.8M.
Does the implied price-per-share represent Valley Forge Capital Management, LP's cost basis in SPGI?
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.