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Dev Kantesaria’s cannibal stocks

Valley Forge Capital Management · 13F for Q2 2026

2cannibals held
$1.1Bin these positions
Q2 2026latest 13F filing

Moody's

MCOUnchanged
$596.6M1,317,188 shares

Moody's retired 2.9% of its shares in twelve months, so this stake grew 3.0% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026

Mastercard

MAReduced
$547.5M1,065,934 shares

Mastercard retired 3.9% of its shares in twelve months, so this stake grew 4.1% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026

Values as reported in the 13F at quarter end. See the Q2 2026 filing on EDGAR.

Questions

Which cannibal stocks does Dev Kantesaria own?

In the Q2 2026 13F, Valley Forge Capital Management held MCO, MA. 2 of them are on the Buyback Radar leaderboard.

Where does this data come from?

From Valley Forge Capital Management's 13F filings with the SEC, the last eight quarters, amendments applied, options excluded. A 13F shows US-listed stock positions at quarter end and is filed up to 45 days later, so it is a record, not a live portfolio.

How do buybacks help Dev Kantesaria?

Mastercard retired 3.9% of its shares in the last twelve months. That alone made every remaining share, including Dev Kantesaria's 1,065,934, 4.1% bigger as a slice of the company, without buying anything.

Dev Kantesaria’s moves in companies like these are covered on Cannibal Stocks.

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