Q3 2025 · 13F-HR
Rings Capital Management LLCholdings as filed
Filed 2025-11-14 · accession 0001104659-25-111921
$213.0M
Reported value
7
Positions
2025-09-30
Period end
The Brief · Rings Capital Management LLC · Q3 2025
AI · grounded in 13F
Rings Capital Management LLC established a new position in MCO valued at $57.2M. The fund also initiated new stakes in KMX for $48.2M and MSFT for $43M. Additional new positions include CHKP, RTX, and HRB.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 615369105 | MCO | MOODYS CORP | $57.2M | 26.8% | 120,000 | Common | SOLE |
| 143130102 | KMX | CARMAX INC | $48.2M | 22.6% | 1,074,000 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $43.0M | 20.2% | 83,000 | Common | SOLE |
| M22465104 | CHKP | CHECK POINT SOFTWARE TECHNOLOGY LT | $33.1M | 15.5% | 160,000 | Common | SOLE |
| 75513E101 | RTX | RTX CORPORATION | $27.6M | 13.0% | 165,000 | Common | SOLE |
| 093671105 | HRB | BLOCK H & R INC | $2.7M | 1.26% | 53,000 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HOLDINGS LTD | $1.3M | 0.60% | 7,100 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.