Rings Capital Management LLC Buys Bank of New York Mellon Corp, Wells Fargo

Investment company Rings Capital Management LLC (Current Portfolio) buys Bank of New York Mellon Corp, Wells Fargo during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Rings Capital Management LLC. As of 2019Q2, Rings Capital Management LLC owns 6 stocks with a total value of $130 million. These are the details of the buys and sells.
  • New Purchases: BK,
  • Added Positions: WFC,

For the details of Rings Capital Management LLC's stock buys and sells, go to https://www.gurufocus.com/guru/rings+capital+management+llc/current-portfolio/portfolioportfolio

These are the top 5 holdings of Rings Capital Management LLC
  1. S&P Global Inc (SPGI) - 243,700 shares, 42.76% of the total portfolio.
  2. Moody's Corporation (MCO) - 237,000 shares, 35.65% of the total portfolio.
  3. Microsoft Corp (MSFT) - 83,000 shares, 8.56% of the total portfolio.
  4. Wells Fargo & Co (WFC) - 198,700 shares, 7.24% of the total portfolio. Shares added by 80.64%
  5. Bank of New York Mellon Corp (BK) - 100,850 shares, 3.43% of the total portfolio. New Position
New Purchase: Bank of New York Mellon Corp (BK)

Rings Capital Management LLC initiated holding in Bank of New York Mellon Corp. The purchase prices were between $42.69 and $53.44, with an estimated average price of $46.99. The stock is now traded at around $45.81. The impact to a portfolio due to this purchase was 3.43%. The holding were 100,850 shares as of .

Added: Wells Fargo & Co (WFC)

Rings Capital Management LLC added to a holding in Wells Fargo & Co by 80.64%. The purchase prices were between $44.37 and $49.17, with an estimated average price of $46.77. The stock is now traded at around $46.30. The impact to a portfolio due to this purchase was 3.23%. The holding were 198,700 shares as of .



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