Ring Mountain Capital, LLC

Other Low signal technology specialist (69%) CIK 2051343
League rank
#56
in Other · #413 overall
Long book
$182.8M
Q1 2026
Positions
94
Top-10 weight
57%
concentration
Last quarter
+22.7%
SPY +14.8%
Turnover
10%
of book per quarter

Strategy in plain words

auto-generated from filings

Ring Mountain Capital, LLC is an institutional manager, specialised in technology (69% of the long book), running a $182.8M US long book across 94 positions.

The portfolio is concentrated: the top 10 names carry 57% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: APPLE INC, VANECK SEMICONDUCTOR ETF, SCHWAB US LARGE-CAP GROWTH, META PLATFORMS INC-CLASS A, NVIDIA CORP.

Over the last 6 quarters its long book ran on average 2.1pp per quarter ahead of the S&P 500, beating the index in 4 of 6 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q4 2024
-9.5%
Q1 2025
+16.4%
Q2 2025
+11.6%
Q3 2025
+4.1%
Q4 2025
-4.8%
Q1 2026
+22.7%

Sector allocation

Technology
69%
Industrials
9%
Consumer discretionary
8%
Healthcare
4%
Financials
4%
Services media
4%
Utilities
1%
Materials
1%

Long book by quarter

$149.3M
Q4 2024
$133.1M
Q1 2025
$164.3M
Q2 2025
$180.6M
Q3 2025
$195.1M
Q4 2025
$182.8M
Q1 2026

What does Ring Mountain own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology78.4K$19.9M10.9%+0.7%
META META PLATFORMS INC-CLASS ATechnology18.5K$10.6M5.8%+0.4%
NVDA NVIDIA CORPTechnology59.1K$10.3M5.6%+6.1%
GOOGL ALPHABET INC-CL ATechnology31.9K$9.2M5.0%+1.2%
MSFT MICROSOFT CORPTechnology24.4K$9.0M4.9%-0.2%
AMZN AMAZON.COM INCConsumer discretionary36.3K$7.6M4.1%+0.7%
AVGO BROADCOM INCTechnology18.6K$5.8M3.1%+1.0%
TSLA TESLA INCIndustrials12.5K$4.7M2.5%+0.2%
PROF PROFOUND MEDICAL CORPHealthcare511.1K$3.3M1.8%+12.6%
MU MICRON TECHNOLOGY INCTechnology8.2K$2.8M1.5%+4.2%
VRT VERTIV HOLDINGS CO-ATechnology8.8K$2.2M1.2%+1.4%
MRVL MARVELL TECHNOLOGY INCTechnology20.6K$2.0M1.1%-2.1%
NFLX NETFLIX INCServices media19.5K$1.9M1.0%+0.4%
AMD ADVANCED MICRO DEVICESTechnology9.1K$1.8M1.0%+0.2%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials3.8K$1.8M1.0%+0.9%
AGX ARGAN INCIndustrials2.8K$1.5M0.8%+1.1%
GM GENERAL MOTORS COIndustrials20.1K$1.5M0.8%0.0%
GOOG ALPHABET INC-CL CTechnology3.6K$1.0M0.6%+1.0%
IREN IREN LTDFinancials28.1K$962K0.5%-12.7%
JPM JPMORGAN CHASE & COFinancials3.1K$904K0.5%-0.2%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology5.8K$847K0.5%+3.9%
UBER UBER TECHNOLOGIES INCServices media11.5K$827K0.5%-6.5%
AMAT APPLIED MATERIALS INCTechnology2.4K$815K0.4%+2.1%
FCX FREEPORT-MCMORAN INCMaterials12.0K$706K0.4%+0.1%
CAT CATERPILLAR INCIndustrials943$668K0.4%+0.3%
CIEN CIENA CORPTechnology1.7K$667K0.4%+9.8%
V VISA INC-CLASS A SHARESServices media2.0K$597K0.3%Held
WM WASTE MANAGEMENT INCUtilities2.5K$583K0.3%-1.7%
NET CLOUDFLARE INC - CLASS ATechnology2.8K$575K0.3%-0.1%
GEV GE VERNOVA INCIndustrials592$517K0.3%+5.5%
RRR RED ROCK RESORTS INC-CLASS AServices media9.6K$512K0.3%-1.0%
JNJ JOHNSON & JOHNSONHealthcare2.0K$489K0.3%-1.0%
COST COSTCO WHOLESALE CORPConsumer discretionary471$470K0.3%+2.4%
XOM EXXON MOBIL CORPEnergy2.8K$468K0.3%-2.4%
ABBV ABBVIE INCHealthcare1.9K$410K0.2%+0.5%
WMT WALMART INCConsumer discretionary3.2K$404K0.2%-0.9%
BAC BANK OF AMERICA CORPFinancials6.7K$327K0.2%-6.6%
IBM INTL BUSINESS MACHINES CORPTechnology1.3K$321K0.2%+7.0%
MCD MCDONALD'S CORPConsumer discretionary985$306K0.2%-2.2%
HWM HOWMET AEROSPACE INCIndustrials1.3K$302K0.2%+4.0%
LLY ELI LILLY & COHealthcare327$301K0.2%-1.8%
BLDR BUILDERS FIRSTSOURCE INCConsumer discretionary3.6K$300K0.2%-1.9%
CCL CARNIVAL CORP LTDIndustrials11.3K$291K0.2%-0.1%
SHAK SHAKE SHACK INC - CLASS AConsumer discretionary3.2K$287K0.2%-3.1%
RCAT RED CAT HOLDINGS INCTechnology21.2K$277K0.2%New
LRCX LAM RESEARCH CORPIndustrials1.3K$270K0.1%Held
HD HOME DEPOT INCConsumer discretionary813$267K0.1%-1.0%
NRG NRG ENERGY INCUtilities1.8K$261K0.1%+19.0%
SOFI SOFI TECHNOLOGIES INCFinancials15.4K$244K0.1%-21.5%
GE GENERAL ELECTRICIndustrials860$244K0.1%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 1, 202695$182.8M $K fixed canonicalSEC ↗
Q4 202513F-HRJan 27, 202698$195.1M $K fixed canonicalSEC ↗
Q3 202513F-HRNov 13, 202599$180.6M $K fixed canonicalSEC ↗
Q2 202513F-HRAug 5, 202597$164.3M canonicalSEC ↗
Q1 202513F-HRMay 5, 202590$133.1M canonicalSEC ↗
Q4 202413F-HRFeb 6, 202589$149.3M canonicalSEC ↗