Rings Capital Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Rings Capital Management LLC reported 8 stock positions worth $196.2 million. Its top holding was Moody's (MCO) at 28.5% of the portfolio, followed by Carmax (KMX, 20.2%) and Check Point Software Tech (CHKP, 18.6%). Compared with Q4 2024, it added to 1. The biggest buy was Carmax (KMX, shares +1%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001771122
- Portfolio Value
- $196.2M (Q1 2025)
- SEC Filing
- 0001104659-25-048893 ↗ filed May 15, 2025
Holdings Value
Holdings 8 stocks · $196.2M
| MCO Moody's Corp. | 28.48% | 120,000 | $55.9M | No change |
| KMX Carmax Inc. | 20.19% | 508,500 | $39.6M | Add +1.3% |
| CHKP Check Point Software Tech | 18.58% | 160,000 | $36.5M | No change |
| MSFT Microsoft Corp. | 15.88% | 83,000 | $31.2M | No change |
| RTX RTX Corp. | 11.14% | 165,000 | $21.9M | No change |
| JD Jd.com Inc.-ADR | 3.77% | 180,000 | $7.4M | No change |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 1.48% | 53,000 | $2.9M | No change |
| BABA Alibaba Group Holding-SP ADR | 0.48% | 7,100 | $939K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| None this quarter. | |||
Portfolio Buys Q4 2024 → Q1 2025
| KMX Carmax Inc. | Add +1.3% | 20.19% | −1.24 |
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 |