# Rings Capital Management LLC

> Rings Capital Management LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2018, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated May 1, 2026.

- CRD: 166601
- Filed as: RINGS CAPITAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: May 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/166601
- AdvisorCensus page: https://advisorcensus.com/firm/rings-capital-management-llc-chicago-il-166601

## Quick answers

**How is Rings Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Rings Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Rings Capital Management LLC located?**
Rings Capital Management LLC's principal office is in Chicago, IL, according to its Form ADV.

**Is Rings Capital Management LLC registered with the SEC or a state?**
Rings Capital Management LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 166601.

**How much does Rings Capital Management LLC manage?**
Rings Capital Management LLC reports $652,998,453 in regulatory assets under management in its Form ADV filing dated May 1, 2026 (100% discretionary).

**How have Rings Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Rings Capital Management LLC: Regulatory assets under management: $313,896,218 in the October 2021 data and $652,998,453 in the October 2026 data, up 108%. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Rings Capital Management LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Does Rings Capital Management LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/166601

**What changed in Rings Capital Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $537,586,539 to $654,217,031 (+22%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $652,998,453
- Discretionary: $652,998,453
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $652,998,453 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2018 (8 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- framtidenholdings.com
- LinkedIn @framtiden-holdings

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $313,896,218 | 2 | April 15, 2021 |
| October 2022 | $434,601,333 | 2 | April 15, 2022 |
| October 2023 | $419,179,965 | 2 | April 14, 2023 |
| October 2024 | $422,478,667 | 2 | April 17, 2024 |
| October 2025 | $537,586,539 | 2 | April 30, 2025 |
| October 2026 | $652,998,453 | 2 | May 1, 2026 |

Regulatory assets under management: $313,896,218 in the October 2021 data and $652,998,453 in the October 2026 data, up 108%.
Total employees: 2 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $537,586,539 to $654,217,031 (+22%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Rings Capital Management LLC (CRD 166601): Form ADV filing data as of October 2026.