SEC 13F Intelligence

Managers / Q1 2021 · view latest →

Rheos Capital Works Inc.

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

Reported Value
$1.5B
Q1 2021
Positions
85
Filings on Record
29
2019–present window
Filed
Apr 26, 2021
original filing

Summary

Rheos Capital Works Inc. reported $1.5B in U.S.-listed holdings across 85 positions for Q1 2021.

Its largest position, MSFT, represents 5.1% of the portfolio.

Compared with Q4 2020, the fund opened 7 new positions and exited 0.

Portfolio Metrics

Turnover
+8.2%
vs prior filed quarter
Top-10 Concentration
+39.0%
share of reported value
Largest Position
+5.1%
Microsoft

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: 85.4%REIT: 5.3%ADR: 5.1%Other: 4.3%
  • Common Stock · 85.4% · $1.3B
  • REIT · 5.3% · $79M
  • ADR · 5.1% · $77M
  • Other · 4.3% · $64M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DISThe Walt Disney Co.NEW+131.0K131.0K+$24M$24M
AXPAmerican Express Co.NEW+137.2K137.2K+$19M$19M
TTEKTetra Tech Inc.NEW+112.0K112.0K+$15M$15M
HHyatt Hotels Corp.NEW+164.0K164.0K+$14M$14M
OTISOtis Worldwide Corp.NEW+187.0K187.0K+$13M$13M
CARRCarrier Global Corp.NEW+281.2K281.2K+$12M$12M
VRTVertiv Holdings Co.NEW+325.0K325.0K+$7M$7M
New Oriental Education & Technology Group Inc.ADDED+2.35M2.61M−$12M$37M

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

Holdings — Q1 2021

85 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMicrosoft Corp.history →COM5.13%$78M329.0K
2ACNAccenture plc.history →CL A4.95%$75M270.7K
3BILIBilibili Inc.history →SPONSORED ADR4.50%$68M635.4K
4AMTAmerican Tower Corp.history →COM4.40%$67M278.3K
5NFLXNetflix Inc.history →COM3.94%$60M114.2K
6QCOMQualcomm Inc.history →COM3.64%$55M415.4K
7FIVEFive Below Inc.history →COM3.38%$51M267.9K
8VEEVVeeva Systems Inc.history →CL A3.33%$50M192.4K
9CRMSalesforce.Com Inc.history →COM3.28%$50M234.3K
10VVisa Inc.history →CL A2.47%$37M176.2K
11New Oriental Education & Technology Group Inc.SPONSORED ADR2.42%$37M2.61M
12OLLIOllie's Bargain Outlet Holdings Inc.history →COM2.16%$33M375.6K
13SKAASkechers USA Inc.history →CL A1.92%$29M695.4K
14DISThe Walt Disney Co.history →COM1.60%$24M131.0K
15ZMZoom Video Communications Inc.history →CL A1.53%$23M72.1K
16GMGeneral Motors Co.history →COM1.46%$22M383.0K
17TXNTexas Instruments Inc.history →COM1.34%$20M107.4K
18GNRCGenerac Holdings Inc.history →COM1.29%$19M59.4K
19AXPAmerican Express Co.history →COM1.28%$19M137.2K
20Brookfield Asset Management Inc.CL A1.27%$19M432.0K
21FRCBFirst Republic Bankhistory →COM1.25%$19M113.5K
22SITESiteOne Landscape Supply Inc.history →COM1.21%$18M106.9K
23Discover Financial ServicesCOM1.15%$17M182.8K
24COFCapital One Financial Corp.history →COM1.13%$17M134.8K
25NVDANVIDIA Corp.history →COM1.11%$17M31.3K
26KMXCarMax, Inc.history →COM1.10%$17M125.5K
27Xilinx, Inc.COM1.03%$16M126.0K
28BJBJ's Wholesale Club Holdings Inc.history →COM1.03%$16M347.0K
29TTEKTetra Tech Inc.history →COM1.01%$15M112.0K
30GOOGAlphabet Inc.history →CL C0.96%$14M7.0K
31SNASnap-On, Inc.history →COM0.96%$14M62.7K
32SPOTSpotify Technology S.A.history →COM0.96%$14M53.9K
33CDNSCadence Design Systems Inc.history →COM0.91%$14M100.9K
34Lam Research Corp.COM0.91%$14M23.2K
35MSCIMSCI Inc.history →COM0.91%$14M32.8K
36PYPLPayPal Holdings Inc.history →COM0.91%$14M56.5K
37HHyatt Hotels Corp.history →CL A0.90%$14M164.0K
38TJXTJX Companies, Inc.history →COM0.88%$13M200.0K
39GPNGlobal Payments Inc.history →COM0.86%$13M64.8K
40AKAMAkamai Technologies Inc.history →COM0.86%$13M127.8K
41AMZNAmazon.com Inc.history →COM0.86%$13M4.2K
42EWEdwards Lifesciences Corp.history →COM0.86%$13M155.2K
43ISRGIntuitive Surgical Inc.history →COM0.86%$13M17.5K
44OTISOtis Worldwide Corp.history →COM0.85%$13M187.0K
45MSIMotorola Solutions Inc.history →COM0.84%$13M67.2K
46WMWaste Management, Inc.history →COM0.83%$13M97.5K
47UPWKUpwork Inc.history →COM0.82%$12M276.4K
48EOGEOG Resources, Inc.history →COM0.82%$12M170.5K
49ROPRoper Technologies Inc.history →COM0.81%$12M30.5K
50DOWDow Inc.history →COM0.79%$12M187.7K
51CARRCarrier Global Corp.history →COM0.79%$12M281.2K
52COSTCostco Wholesale Corp.history →COM0.77%$12M33.0K
53TSNTyson Foods Inc.history →CL A0.77%$12M156.2K
54ROSTRoss Stores Inc.history →COM0.69%$10M86.5K
55EYENational Vision Holdings Inc.history →COM0.67%$10M231.4K
56EMREmerson Electric Co.COM0.64%$10M107.8K
57BALLBall Corp.COM0.63%$10M113.1K
58NICENICE Ltd.SPONSORED ADR0.62%$9M42.7K
59RNGRingCentral Inc.CL A0.60%$9M30.2K
60GSGoldman Sachs Group, Inc.COM0.57%$9M26.3K
61ALGTAllegiant Travel Co.COM0.57%$9M35.2K
62LWLamb Weston Holdings Inc.COM0.56%$8M109.5K
63EXPOExponent Inc.COM0.56%$8M86.1K
64SPGIS&P Global Inc.COM0.54%$8M23.3K
65AAgilent Technologies, Inc.COM0.53%$8M62.8K
66World Wrestling Entertainment, Inc.CL A0.53%$8M146.8K
67MELIMercadoLibre Inc.COM0.51%$8M5.2K
68KEYSKeysight Technologies Inc.COM0.48%$7M51.0K
69CCICrown Castle International Corp.COM0.45%$7M39.7K
70ALLYAlly Financial Inc.COM0.45%$7M150.0K
71VRTVertiv Holdings Co.COM0.43%$7M325.0K
72TTWOTake-Two Interactive Software, Inc.COM0.42%$6M35.7K
73EQIXEquinix Inc.COM0.40%$6M9.0K
74GISGeneral Mills Inc.COM0.38%$6M93.0K
75Cooper Companies, Inc.COM0.32%$5M12.4K
76INTUIntuit Inc.COM0.30%$5M12.0K
77CHGGChegg Inc.COM0.30%$5M52.9K
78CRWDCrowdStrike Holdings Inc.CL A0.28%$4M23.0K
79Lions Gate Entertainment Corp.CL A0.27%$4M273.9K
80Arco Platform Ltd.CL A0.25%$4M150.7K
81DOCUDocuSign Inc.COM0.24%$4M18.0K
82Arista Networks Inc.COM0.23%$4M11.6K
83WPMWheaton Precious Metals Corp.COM0.22%$3M87.6K
84XYZSquare Inc.CL A0.20%$3M13.3K
85ZSZscaler Inc.COM0.17%$3M15.3K

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 ↗.