Rings Capital Management LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Rings Capital Management LLC reported 8 stock positions worth $191.8 million. Its top holding was Moody's (MCO) at 29.7% of the portfolio, followed by Carmax (KMX, 19.3%) and Microsoft (MSFT, 18.6%). Compared with Q2 2024, it opened 2 new positions, sold out of 1 and added to 1. The biggest buy was a new position in Jd.com Inc.-ADR (JD) and the biggest sale an exit from Silk Road Medical (SILK).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001771122
- Portfolio Value
- $191.8M (Q3 2024)
- SEC Filing
- 0001104659-24-118304 ↗ filed Nov 14, 2024
Holdings Value
Holdings 8 stocks · $191.8M
| MCO Moody's Corp. | 29.69% | 120,000 | $57.0M | No change |
| KMX Carmax Inc. | 19.28% | 478,000 | $37.0M | Add +1.7% |
| MSFT Microsoft Corp. | 18.62% | 83,000 | $35.7M | No change |
| CHKP Check Point Software Tech | 16.08% | 160,000 | $30.8M | No change |
| RTX RTX Corp. | 10.42% | 165,000 | $20.0M | No change |
| JD Jd.com Inc.-ADR | 3.75% | 180,000 | $7.2M | New |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 1.76% | 53,000 | $3.4M | No change |
| BABA Alibaba Group Holding-SP ADR | 0.39% | 7,000 | $753K | New |
Portfolio Sells Q2 2024 → Q3 2024
| SILK Silk Road Medical Inc. | Sold out | 0.00% | −12.16 |
Portfolio Buys Q2 2024 → Q3 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 7 | $196.5M | MCO, KMX, RTX, MSFT, CHKP |
| Q1 2026 | 7 | $186.1M | MCO, KMX, RTX, MSFT, CHKP |
| Q4 2025 | 7 | $201.2M | MCO, MSFT, KMX, RTX, CHKP |
| Q3 2025 | 7 | $213.0M | MCO, KMX, MSFT, CHKP, RTX |
| Q2 2025 | 7 | $206.8M | MCO, KMX, MSFT, CHKP, RTX |
| Q1 2025 | 8 | $196.2M | MCO, KMX, CHKP, MSFT, RTX |
| Q4 2024 | 8 | $191.4M | MCO, KMX, MSFT, CHKP, RTX |
| Q3 2024 | 8 | $191.8M | MCO, KMX, MSFT, CHKP, RTX |
| Q2 2024 | 7 | $191.2M | MCO, MSFT, KMX, CHKP, SILK |
| Q1 2024 | 7 | $182.8M | MCO, KMX, MSFT, CHKP, RTX |