Rings Capital Management LLC 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Rings Capital Management LLC disclosed 8 US equity positions worth $196.2m in its Q1 2025 13F filing. The largest position was MCO at 28.5% of the reported book, followed by KMX and CHECK POINT SOFTWARE TECHNOLOGY LT. Against the Q4 2024 filing, it opened 0 new positions, added to 1 and reduced 0 among the top 8 holdings.
What did Rings Capital Management LLC own in Q1 2025? Top 8 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | MCO MOODYS CORP | Financial Services | 28.5% | $55.9m | 120,000 | 0% | held |
| 2 | KMX CARMAX INC | Consumer Cyclical | 20.2% | $39.6m | 508,500 | 1% | added |
| 3 | CHECK POINT SOFTWARE TECHNOLOGY LT | 18.6% | $36.5m | 160,000 | 0% | held | |
| 4 | MSFT MICROSOFT CORP | Technology | 15.9% | $31.2m | 83,000 | 0% | held |
| 5 | RTX RTX CORPORATION | Industrials | 11.1% | $21.9m | 165,000 | 0% | held |
| 6 | JD JD.COM | Consumer Cyclical | 3.8% | $7.4m | 180,000 | 0% | held |
| 7 | HRB BLOCK H & R INC | Consumer Cyclical | 1.5% | $2.9m | 53,000 | 0% | held |
| 8 | BABA ALIBABA GROUP HOLDINGS LTD | Consumer Cyclical | 0.5% | $938.8k | 7,100 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.