Rings Capital Management LLC

CIK 1771122 · View on SEC EDGAR ↗

Portfolio value
$196.5M
#6,516 of 9,443 by 13F value · top 69.0%
Positions
7
As of
June 30, 2026

Portfolio value QoQ: +5.6% 13F does not disclose cash

Top 10 holdings weight
100.00%
Top 25 holdings weight
100.00%
Positions above 1%
7
Effective number of positions
4.9

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 0.0% Est. buys $0 · sells $0

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 77.8% still held

New positions
0
Increased
0
Decreased
0
Closed
1
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
-8.0%
S&P 500 total return (same window)
+28.1%
Excess return
-36.1%

Annualized: -5.5% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 100.0% · Options excluded: 0.0%

Sector breakdown

Financial Services
27.7%
Technology
26.5%
Retail
25.5%
Industrials
15.9%
Consumer Staples
3.4%
Diversified Consumer Services
1.0%

Full portfolio 7 positions

Type Streak 8Q trend
MCO Moody's Corporation Common Stock $54,350,400 27.65% 120,000 $2,000,400
KMX CarMax Inc $50,192,610 25.54% 949,000 $10,733,190
RTX RTX Corporation Common Stock $31,305,450 15.93% 165,000 $-523,050
MSFT Microsoft Corporation - Common Stock $30,960,660 15.75% 83,000 $236,550
CHKP Check Point Software Technologies Ltd. - Ordinary Shares $21,028,800 10.70% 160,000 $-1,827,200
STZ Constellation Brands, Inc. Common Stock $6,676,320 3.40% 48,000 $-523,680
HRB H&R Block, Inc. Common Stock $2,018,240 1.03% 53,000 $336,020

Top movers (QoQ)

Security Action Shares Δ Value Δ
KMX Price move only +0 +$10.7M
MCO Price move only +0 +$2.0M
CHKP Price move only +0 -$1.8M
STZ Price move only +0 -$524K
RTX Price move only +0 -$523K
HRB Price move only +0 +$336K
MSFT Price move only +0 +$237K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
JD June 30, 2025 180,000 $7,401,600 -10.3%
BABA Dec. 31, 2025 7,100 $1,268,983 -16.7%