SEC 13F Intelligence

Managers / Q2 2020 · view latest →

Rheos Capital Works Inc.

CIK 0001735445 · 1-11-1, MARUNOUCHI CHIYODA-KU, TOKYO, M0, 100-6227 · 81-3-6266-0124

Reported Value
$1.4B
Q2 2020
Positions
67
Filings on Record
29
2019–present window
Filed
Aug 7, 2020
original filing

Summary

Rheos Capital Works Inc. reported $1.4B in U.S.-listed holdings across 67 positions for Q2 2020.

Its largest position, MSFT, represents 9.4% of the portfolio.

Compared with Q1 2020, the fund opened 7 new positions and exited 1.

Portfolio Metrics

Turnover
+2.1%
vs prior filed quarter
Top-10 Concentration
+63.2%
share of reported value
Largest Position
+9.4%
Microsoft
New / Exited
7 / 1
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $822MQ1 ’19Q2 ’19: $747MQ3 ’19: $879MQ4 ’19: $971MQ1 ’20: $943MQ1 ’20Q2 ’20: $1.4BQ3 ’20: $1.2BQ4 ’20: $1.4BQ1 ’21: $1.5BQ1 ’21Q2 ’21: $2.0BQ3 ’21: $1.9BQ4 ’21: $2.3BQ1 ’22: $2.1BQ1 ’22Q2 ’22: $1.3BQ3 ’22: $1.5BQ4 ’22: $1.7BQ1 ’23: $1.8BQ1 ’23Q2 ’23: $1.9BQ3 ’23: $1.7BQ4 ’23: $1.8BQ1 ’24: $2.1BQ1 ’24Q2 ’24: $1.9BQ3 ’24: $1.9BQ4 ’24: $1.8BQ1 ’25: $1.2BQ1 ’25Q2 ’25: $1.7BQ3 ’25: $1.8BQ4 ’25: $1.6BQ1 ’26: $1.5BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 83.6%ADR: 5.6%REIT: 5.5%Other: 5.3%
  • Common Stock · 83.6% · $1.2B
  • ADR · 5.6% · $80M
  • REIT · 5.5% · $79M
  • Other · 5.3% · $76M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
COSTCostco Wholesale Corp.NEW+33.0K33.0K+$10M$10M
TJXTJX Companies, Inc.NEW+148.2K148.2K+$7M$7M
ROSTRoss Stores Inc.NEW+86.5K86.5K+$7M$7M
LWLamb Weston Holdings Inc.NEW+109.5K109.5K+$7M$7M
ZSZscaler Inc.NEW+44.3K44.3K+$5M$5M
KELKellogg Co.NEW+58.3K58.3K+$4M$4M
ALLYAlly Financial Inc.NEW+150.0K150.0K+$3M$3M
EWEdwards Lifesciences Corp.ADDED+95.9K135.2K+$2M$9M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2020

67 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMicrosoft Corp.history →COM9.37%$134M659.3K
2DPZDomino's Pizza Inc.history →COM9.36%$134M362.6K
3ACNAccenture plc.history →CL A6.95%$100M463.4K
4VEEVVeeva Systems Inc.history →CL A6.55%$94M399.9K
5OLLIOllie's Bargain Outlet Holdings Inc.history →COM6.52%$93M955.6K
6NFLXNetflix Inc.history →COM5.85%$84M184.2K
7BILIBilibili Inc.history →SPONSORED ADR5.11%$73M1.58M
8AMTAmerican Tower Corp.history →COM4.87%$70M269.9K
9ZMZoom Video Communications Inc.history →CL A4.46%$64M252.0K
10New Oriental Education & Technology Group Inc.SPONSORED ADR4.14%$59M455.3K
11CRMSalesforce.Com Inc.history →COM3.07%$44M234.3K
12QCOMQualcomm Inc.history →COM2.78%$40M435.9K
13VVisa Inc.history →CL A2.15%$31M159.1K
14SKAASkechers USA Inc.history →CL A1.38%$20M628.3K
15BJBJ's Wholesale Club Holdings Inc.history →COM1.06%$15M408.0K
16TXNTexas Instruments Inc.history →COM0.95%$14M107.4K
17CDNSCadence Design Systems Inc.history →COM0.88%$13M131.9K
18Xilinx, Inc.COM0.87%$12M126.0K
19SITESiteOne Landscape Supply Inc.history →COM0.85%$12M106.9K
20AMZNAmazon.com Inc.history →COM0.81%$12M4.2K
21NVDANVIDIA Corp.history →COM0.81%$12M30.4K
22DOCUDocuSign Inc.history →COM0.79%$11M66.0K
23MSCIMSCI Inc.history →COM0.76%$11M32.8K
24SPOTSpotify Technology S.A.history →COM0.76%$11M42.0K
25COSTCostco Wholesale Corp.history →COM0.70%$10M33.0K
26GOOGAlphabet Inc.CL C0.69%$10M7.0K
27WMWaste Management, Inc.COM0.67%$10M91.1K
28MSIMotorola Solutions Inc.COM0.66%$9M67.2K
29EWEdwards Lifesciences Corp.COM0.65%$9M135.2K
30ISRGIntuitive Surgical Inc.COM0.64%$9M16.2K
31Brookfield Asset Management Inc.CL A0.64%$9M277.0K
32PYPLPayPal Holdings Inc.COM0.61%$9M50.0K
33SNASnap-On, Inc.COM0.61%$9M62.7K
34AKAMAkamai Technologies Inc.COM0.60%$9M80.4K
35TSNTyson Foods Inc.CL A0.55%$8M131.2K
36RNGRingCentral Inc.CL A0.54%$8M27.2K
37SPGIS&P Global Inc.COM0.54%$8M23.3K
38DOWDow Inc.COM0.53%$8M187.7K
39TJXTJX Companies, Inc.COM0.52%$7M148.2K
40ROSTRoss Stores Inc.COM0.52%$7M86.5K
41GNRCGenerac Holdings Inc.COM0.51%$7M59.4K
42NICENICE Ltd.SPONSORED ADR0.50%$7M37.7K
43CHGGChegg Inc.COM0.50%$7M105.9K
44LWLamb Weston Holdings Inc.COM0.49%$7M109.5K
45XYZSquare Inc.CL A0.47%$7M64.7K
46EMREmerson Electric Co.COM0.47%$7M107.8K
47PANWPalo Alto Networks, Inc.COM0.46%$7M28.9K
48COFCapital One Financial Corp.COM0.44%$6M100.8K
49MELIMercadoLibre Inc.COM0.41%$6M6.0K
50FRCBFirst Republic BankCOM0.37%$5M50.0K
51TTWOTake-Two Interactive Software, Inc.COM0.35%$5M35.7K
52EYENational Vision Holdings Inc.COM0.34%$5M161.4K
53ZSZscaler Inc.COM0.34%$5M44.3K
54EQIXEquinix Inc.COM0.33%$5M6.8K
55CCICrown Castle International Corp.COM0.30%$4M26.0K
56Arco Platform Ltd.CL A0.30%$4M99.7K
57GSGoldman Sachs Group, Inc.COM0.30%$4M21.8K
58WPMWheaton Precious Metals Corp.COM0.27%$4M87.6K
59KELKellogg Co.COM0.27%$4M58.3K
60Discover Financial ServicesCOM0.26%$4M75.7K
61INTUIntuit Inc.COM0.25%$4M12.0K
62Cooper Companies, Inc.COM0.25%$4M12.4K
63AAgilent Technologies, Inc.COM0.23%$3M37.8K
64World Wrestling Entertainment Inc.CL A0.23%$3M75.3K
65ALGTAllegiant Travel Co.COM0.22%$3M29.2K
66ALLYAlly Financial Inc.COM0.21%$3M150.0K
67Lions Gate Entertainment Corp.CL A0.14%$2M273.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.5B73May 8, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.6B67Jan 21, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.8B62Oct 22, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.7B68Jul 28, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.2B67Apr 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.8B97Jan 24, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.9B105Oct 16, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.9B98Jul 24, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.1B97Apr 11, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.8B90Jan 16, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.7B121Oct 17, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.9B96Aug 2, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.8B106May 3, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.7B133Feb 2, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.5B145Nov 9, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.3B136Jul 29, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.1B137May 2, 202213F-HRchanges · EDGAR ↗
Q4 2021$2.3B138Jan 21, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.9B109Oct 21, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.0B100Jul 26, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.5B85Apr 26, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.4B78Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.2B71Oct 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.4B67Aug 7, 202013F-HRchanges · EDGAR ↗
Q1 2020$943M61Apr 20, 202013F-HRchanges · EDGAR ↗
Q4 2019$971M52Feb 3, 202013F-HRchanges · EDGAR ↗
Q3 2019$879M14Oct 4, 201913F-HRchanges · EDGAR ↗
Q2 2019$747M12Jul 23, 201913F-HRchanges · EDGAR ↗
Q1 2019$822M14May 6, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.