In a recent SEC filing, Valley Forge Capital Management reported a significant reduction in its stake in Visa (V). The major investment firm sold an estimated $46.58 million worth of stock, decreasing its share count by 22.68% from 598.75K to 462.98K shares.
This disclosure, filed on August 14, 2026, reflects trades made during the second quarter ending June 30, 2026. Despite the sale, Visa remains a core position for the fund, with a portfolio weight of 5.10%. Valley Forge is known for its highly concentrated, long-term investment strategy, focusing on companies with durable competitive advantages. [6, 8]