SEC 13F Intelligence

Managers / Q3 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
$1.2B
Q3 2020
Positions
71
Filings on Record
29
2019–present window
Filed
Oct 13, 2020
original filing

Summary

Rheos Capital Works Inc. reported $1.2B in U.S.-listed holdings across 71 positions for Q3 2020.

Its largest position, New Oriental Education Technology, represents 5.6% of the portfolio.

Compared with Q2 2020, the fund opened 6 new positions and exited 2.

Portfolio Metrics

Turnover
+8.9%
vs prior filed quarter
Top-10 Concentration
+51.2%
share of reported value
Largest Position
+5.6%
New Oriental Education Technology
New / Exited
6 / 2
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: 80.7%Other: 7.0%ADR: 6.2%REIT: 6.1%
  • Common Stock · 80.7% · $988M
  • Other · 7.0% · $85M
  • ADR · 6.2% · $76M
  • REIT · 6.1% · $75M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GMGeneral Motors Co.NEW+363.0K363.0K+$11M$11M
ROPRoper Technologies Inc.NEW+25.5K25.5K+$10M$10M
KMXCarMax, Inc.NEW+86.5K86.5K+$8M$8M
GISGeneral Mills Inc.NEW+93.0K93.0K+$6M$6M
EOGEOG Resources, Inc.NEW+142.5K142.5K+$5M$5M
Lam Research Corp.NEW+6.0K6.0K+$2M$2M
PANWPalo Alto Networks, Inc.SOLD OUT−28.9K0−$7M$0
KELKellogg Co.SOLD OUT−58.3K0−$4M$0

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

Holdings — Q3 2020

71 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1New Oriental Education & Technology Group Inc.SPONSORED ADR5.56%$68M455.3K
2BILIBilibili Inc.history →SPONSORED ADR5.47%$67M1.61M
3AMTAmerican Tower Corp.history →COM5.33%$65M269.9K
4MSFTMicrosoft Corp.history →COM5.32%$65M309.3K
5ZMZoom Video Communications Inc.history →CL A5.27%$64M137.1K
6DPZDomino's Pizza Inc.history →COM5.21%$64M150.0K
7ACNAccenture plc.history →CL A4.87%$60M263.7K
8CRMSalesforce.Com Inc.history →COM4.81%$59M234.3K
9OLLIOllie's Bargain Outlet Holdings Inc.history →COM4.68%$57M655.6K
10NFLXNetflix Inc.history →COM4.67%$57M114.2K
11VEEVVeeva Systems Inc.history →CL A4.42%$54M192.4K
12QCOMQualcomm Inc.history →COM3.99%$49M415.4K
13VVisa Inc.history →CL A2.67%$33M163.2K
14SKAASkechers USA Inc.history →CL A1.55%$19M628.3K
15TXNTexas Instruments Inc.history →COM1.25%$15M107.4K
16BJBJ's Wholesale Club Holdings Inc.history →COM1.18%$14M347.0K
17NVDANVIDIA Corp.history →COM1.14%$14M25.8K
18AMZNAmazon.com Inc.history →COM1.08%$13M4.2K
19Xilinx, Inc.COM1.07%$13M126.0K
20SITESiteOne Landscape Supply Inc.history →COM1.07%$13M106.9K
21ISRGIntuitive Surgical Inc.history →COM1.01%$12M17.5K
22COSTCostco Wholesale Corp.history →COM0.96%$12M33.0K
23MSCIMSCI Inc.history →COM0.96%$12M32.8K
24GNRCGenerac Holdings Inc.history →COM0.94%$12M59.4K
25EWEdwards Lifesciences Corp.history →COM0.88%$11M135.2K
26CDNSCadence Design Systems Inc.history →COM0.88%$11M100.9K
27GMGeneral Motors Co.history →COM0.88%$11M363.0K
28MSIMotorola Solutions Inc.history →COM0.86%$11M67.2K
29WMWaste Management, Inc.history →COM0.84%$10M91.1K
30GOOGAlphabet Inc.history →CL C0.84%$10M7.0K
31SPOTSpotify Technology S.A.history →COM0.83%$10M42.0K
32ROPRoper Technologies Inc.history →COM0.82%$10M25.5K
33FRCBFirst Republic Bankhistory →COM0.82%$10M92.0K
34TSNTyson Foods Inc.CL A0.76%$9M156.2K
35SNASnap-On, Inc.COM0.75%$9M62.7K
36Brookfield Asset Management Inc.CL A0.75%$9M277.0K
37AKAMAkamai Technologies Inc.COM0.73%$9M80.4K
38DOWDow Inc.COM0.72%$9M187.7K
39NICENICE Ltd.SPONSORED ADR0.70%$9M37.7K
40SPGIS&P Global Inc.COM0.69%$8M23.3K
41PYPLPayPal Holdings Inc.COM0.68%$8M42.5K
42TJXTJX Companies, Inc.COM0.67%$8M148.2K
43ROSTRoss Stores Inc.COM0.66%$8M86.5K
44KMXCarMax, Inc.COM0.65%$8M86.5K
45RNGRingCentral Inc.CL A0.61%$7M27.2K
46LWLamb Weston Holdings Inc.COM0.59%$7M109.5K
47COFCapital One Financial Corp.COM0.59%$7M100.8K
48EMREmerson Electric Co.COM0.58%$7M107.8K
49EYENational Vision Holdings Inc.COM0.50%$6M161.4K
50TTWOTake-Two Interactive Software, Inc.COM0.48%$6M35.7K
51GISGeneral Mills Inc.COM0.47%$6M93.0K
52XYZSquare Inc.CL A0.43%$5M32.2K
53EQIXEquinix Inc.COM0.42%$5M6.8K
54EOGEOG Resources, Inc.COM0.42%$5M142.5K
55GSGoldman Sachs Group, Inc.COM0.36%$4M21.8K
56Discover Financial ServicesCOM0.36%$4M75.7K
57CCICrown Castle International Corp.COM0.35%$4M26.0K
58WPMWheaton Precious Metals Corp.COM0.35%$4M87.6K
59Cooper Companies, Inc.COM0.34%$4M12.4K
60Arco Platform Ltd.CL A0.33%$4M99.7K
61INTUIntuit Inc.COM0.32%$4M12.0K
62DOCUDocuSign Inc.COM0.32%$4M18.0K
63AAgilent Technologies, Inc.COM0.31%$4M37.8K
64CHGGChegg Inc.COM0.31%$4M52.9K
65ALLYAlly Financial Inc.COM0.31%$4M150.0K
66ALGTAllegiant Travel Co.COM0.29%$3M29.2K
67MELIMercadoLibre Inc.COM0.27%$3M3.0K
68World Wrestling Entertainment, Inc.CL A0.25%$3M75.3K
69Lions Gate Entertainment Corp.CL A0.21%$3M273.9K
70ZSZscaler Inc.COM0.18%$2M15.3K
71Lam Research Corp.COM0.16%$2M6.0K

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 ↗.