Rings Capital Management
CHICAGO, ILfiles as Rings Capital Management LLC
$197m in 7 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 4.5% of the portfolio this quarter.
Value
$197m
Stocks
7
Top 10 share
100.0%
Turnover
4.5%
What changed this quarter
New
Bought for the first time this quarter.
None this quarter.
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
None this quarter.
Sold out
Sold their entire stake.
None this quarter.
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Moody'sMCO | 27.7% | $54m | 120,000 | Held |
| CarMaxKMX | 25.5% | $50m | 949,000 | Held |
| RTXRTX | 15.9% | $31m | 165,000 | Held |
| MicrosoftMSFT | 15.8% | $31m | 83,000 | Held |
| Check Point Software TechnologiesCHKP | 10.7% | $21m | 160,000 | Held |
| Constellation BrandsSTZ | 3.4% | $7m | 48,000 | Held |
| H&R BlockHRB | 1.0% | $2m | 53,000 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 4.9% since 30 June 2025.
Where the money is
Financial services27.7%
Retail & consumer26.6%
Technology26.5%
Industrials15.9%
Everyday goods3.4%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.