Ribbit Management Company, LLC

Fundamental concentrated ★Highest signal financials specialist (78%) CIK 1836733
League rank
#607
in Fundamental concentrated · #3437 overall
Long book
$1.68B
Q1 2026
Positions
14
Top-10 weight
96%
concentration
Last quarter
+11.9%
SPY +14.8%
Turnover
13%
of book per quarter

Strategy in plain words

auto-generated from filings

Ribbit Management Company, LLC is a concentrated fundamental stock-picker, specialised in financials (78% of the long book), running a $1.68B US long book across 14 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: NU HOLDINGS LTD/CAYMAN ISL-A, FIGURE TECHNOLOGY SOLUT-CL A, ROBINHOOD MARKETS INC - A, COINBASE GLOBAL INC -CLASS A, SEA LTD-ADR.

Over the last 9 quarters its long book ran on average 5.4pp per quarter ahead of the S&P 500, beating the index in 4 of 9 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
Q1 2024
+4.1%
Q2 2024
+2.2%
Q3 2024
+38.3%
Q4 2024
+3.7%
Q1 2025
+46.9%
Q2 2025
+14.3%
Q3 2025
-9.8%
Q4 2025
-22.5%
Q1 2026
+11.9%

Sector allocation

Financials
83%
Services media
8%
Technology
8%
Consumer discretionary
1%

Long book by quarter

$1.38B
Q1 2024
$1.44B
Q2 2024
$1.49B
Q3 2024
$884.0M
Q4 2024
$975.3M
Q1 2025
$1.47B
Q2 2025
$2.11B
Q3 2025
$2.02B
Q4 2025
$1.68B
Q1 2026

What does Ribbit Management own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials29.5M$423.7M25.2%+4.9%
FIGR FIGURE TECHNOLOGY SOLUT-CL AFinancials11.3M$382.0M22.7%Held
HOOD ROBINHOOD MARKETS INC - AFinancials3.2M$224.9M13.4%0.0%
COIN COINBASE GLOBAL INC -CLASS AFinancials737.3K$128.7M7.7%Held
WLTH WEALTHFRONT CORPFinancials9.8M$91.1M5.4%Held
XYZ BLOCK INCTechnology1.4M$86.1M5.1%+23.2%
MELI MERCADOLIBRE INCServices media34.1K$59.0M3.5%+198.9%
ROOT ROOT INC/OH -CLASS AFinancials1.2M$54.4M3.2%Held
DLO DLOCAL LTDServices media3.9M$50.5M3.0%Held
YOU CLEAR SECURE INC -CLASS ATechnology748.0K$36.2M2.2%Held
GRAB GRAB HOLDINGS LTD - CL AServices media6.3M$22.9M1.4%+135.8%
CPNG COUPANG INCConsumer discretionary575.0K$10.9M0.6%New
TONX TON STRATEGY COFinancials1.6M$3.9M0.2%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202616$1.68B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202616$2.02B canonicalSEC ↗
Q3 202513F-HRNov 14, 202516$2.11B canonicalSEC ↗
Q2 202513F-HRAug 14, 202514$1.47B canonicalSEC ↗
Q1 202513F-HRMay 15, 202514$975.3M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202516$884.0M canonicalSEC ↗
Q3 202413F-HRNov 14, 202414$1.49B canonicalSEC ↗
Q2 202413F-HRAug 14, 202414$1.44B canonicalSEC ↗
Q1 202413F-HRMay 15, 202414$1.38B canonicalSEC ↗