PING CAPITAL MANAGEMENT, INC.

Fundamental concentrated ★Highest signal CIK 1804352
League rank
#952
in Fundamental concentrated · #7317 overall
Long book
$258.5M
Q1 2026
Positions
66
Top-10 weight
77%
concentration
Last quarter
-0.1%
SPY +14.8%
Turnover
33%
of book per quarter

Strategy in plain words

auto-generated from filings

PING CAPITAL MANAGEMENT, INC. is a concentrated fundamental stock-picker, running a $258.5M US long book across 66 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: YPF S.A.-SPONSORED ADR, PAMPA ENERGIA SA-SPON ADR, BBVA ARGENTINA SA-ADR, GRUPO FINANCIERO GALICIA-ADR, KRANESH CSI CHINA INTERNET.

Over the last 8 quarters its long book ran on average 7.3pp per quarter ahead of the S&P 500, beating the index in 4 of 8 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q2 2024
+15.1%
Q3 2024
+53.9%
Q4 2024
-9.9%
Q1 2025
-2.6%
Q2 2025
-12.6%
Q3 2025
+41.0%
Q4 2025
+9.2%
Q1 2026
-0.1%

Sector allocation

Technology
25%
Industrials
20%
Financials
17%
Services media
16%
Materials
9%
Consumer discretionary
6%
Healthcare
4%
Consumer staples
2%

Long book by quarter

$159.6M
Q2 2024
$179.8M
Q3 2024
$243.8M
Q4 2024
$149.9M
Q1 2025
$176.7M
Q2 2025
$166.1M
Q3 2025
$251.0M
Q4 2025
$258.5M
Q1 2026

What does PING CAPITAL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
UNH UNITEDHEALTH GROUP INCFinancials8.6K$2.3M0.9%+79.2%
CAAP CORP AMERICA AIRPORTS SAIndustrials74.0K$1.9M0.7%+59.1%
AAPL APPLE INCTechnology5.8K$1.5M0.6%-64.6%
MELI MERCADOLIBRE INCServices media700$1.2M0.5%+600.0%
MSFT MICROSOFT CORPTechnology3.0K$1.1M0.4%+275.0%
DIS WALT DISNEY CO/THEServices media9.9K$954K0.4%+10.0%
LAR LITHIUM ARGENTINA AGMaterials133.0K$888K0.3%+30.4%
NVDA NVIDIA CORPTechnology5.0K$872K0.3%+354.5%
PFE PFIZER INCHealthcare25.0K$702K0.3%Held
MCD MCDONALD'S CORPConsumer discretionary1.9K$591K0.2%+58.3%
RACE FERRARI NVIndustrials1.4K$474K0.2%New
ALB ALBEMARLE CORPMaterials2.6K$467K0.2%-80.0%
NFLX NETFLIX INCServices media4.5K$433K0.2%New
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials27.1K$389K0.2%+99.3%
CCL CARNIVAL CORP LTDIndustrials15.0K$388K0.2%New
AGRO ADECOAGRO SAConsumer staples25.1K$377K0.1%-79.1%
AMZN AMAZON.COM INCConsumer discretionary1.8K$375K0.1%-10.0%
STM STMICROELECTRONICS NV-NY SHSTechnology10.0K$346K0.1%-41.2%
CNH CNH INDUSTRIAL NVIndustrials30.0K$330K0.1%Held
GOOGL ALPHABET INC-CL ATechnology1.0K$288K0.1%New
AAL AMERICAN AIRLINES GROUP INCIndustrials25.0K$269K0.1%New
LAC LITHIUM AMERICAS CORPMaterials30.0K$119K0.0%+20.0%
BIOX BIOCERES CROP SOLUTIONS CORPOther55.0K$24K0.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 27, 202683$350.3M canonicalSEC ↗
Q4 202513F-HRFeb 2, 202678$347.8M canonicalSEC ↗
Q3 202513F-HROct 31, 202572$294.2M canonicalSEC ↗
Q2 202513F-HRJul 21, 202574$411.0M canonicalSEC ↗
Q1 202513F-HRMay 5, 202585$269.8M canonicalSEC ↗
Q4 202413F-HRJan 27, 202584$412.6M canonicalSEC ↗
Q3 202413F-HROct 18, 202484$355.5M canonicalSEC ↗
Q2 202413F-HRAug 7, 202476$327.4M canonicalSEC ↗