Rings Capital Management LLC 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Rings Capital Management LLC disclosed 7 US equity positions worth $213.0m in its Q3 2025 13F filing. The largest position was MCO at 26.8% of the reported book, followed by KMX and MSFT. Against the Q2 2025 filing, it opened 0 new positions, added to 1 and reduced 0 among the top 7 holdings.
What did Rings Capital Management LLC own in Q3 2025? Top 7 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | MCO MOODYS CORP | Financial Services | 26.8% | $57.2m | 120,000 | 0% | held |
| 2 | KMX CARMAX INC | Consumer Cyclical | 22.6% | $48.2m | 1,074,000 | 72% | added |
| 3 | MSFT MICROSOFT CORP | Technology | 20.2% | $43.0m | 83,000 | 0% | held |
| 4 | CHECK POINT SOFTWARE TECHNOLOGY LT | 15.5% | $33.1m | 160,000 | 0% | held | |
| 5 | RTX RTX CORPORATION | Industrials | 13.0% | $27.6m | 165,000 | 0% | held |
| 6 | HRB BLOCK H & R INC | Consumer Cyclical | 1.3% | $2.7m | 53,000 | 0% | held |
| 7 | BABA ALIBABA GROUP HOLDINGS LTD | Consumer Cyclical | 0.6% | $1.3m | 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.