SEC 13F Intelligence

Managers / Q3 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
$1.9B
Q3 2021
Positions
109
Filings on Record
29
2019–present window
Filed
Oct 21, 2021
original filing

Summary

Rheos Capital Works Inc. reported $1.9B in U.S.-listed holdings across 109 positions for Q3 2021.

Its largest position, MSFT, represents 6.2% of the portfolio.

Compared with Q2 2021, the fund opened 15 new positions and exited 6.

Portfolio Metrics

Turnover
+15.3%
vs prior filed quarter
Top-10 Concentration
+31.1%
share of reported value
Largest Position
+6.2%
Microsoft
New / Exited
15 / 6
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: 92.5%REIT: 5.0%Other: 2.3%ADR: 0.3%
  • Common Stock · 92.5% · $1.8B
  • REIT · 5.0% · $96M
  • Other · 2.3% · $45M
  • ADR · 0.3% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
YETIYeti Holdings Inc.NEW+175.9K175.9K+$15M$15M
INTCIntel Corp.NEW+206.6K206.6K+$11M$11M
MUMicron Technology, Inc.NEW+151.0K151.0K+$11M$11M
DALDelta Air Lines, Inc.NEW+250.0K250.0K+$11M$11M
MTZMasTec Inc.NEW+100.0K100.0K+$9M$9M
MCHPMicrochip Technology IncorporatedNEW+48.0K48.0K+$7M$7M
XYLXylem, Inc.NEW+50.0K50.0K+$6M$6M
ONON Semiconductor Corp.NEW+135.0K135.0K+$6M$6M

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

Holdings — Q3 2021

109 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMicrosoft Corp.history →COM6.23%$121M429.0K
2ACNAccenture plc.history →CL A4.46%$87M270.7K
3AMTAmerican Tower Corp.history →COM3.93%$76M287.6K
4CRMSalesforce.Com Inc.history →COM3.62%$70M259.3K
5FIVEFive Below Inc.history →COM2.92%$57M320.5K
6QCOMQualcomm Inc.history →COM2.76%$54M415.4K
7VEEVVeeva Systems Inc.history →CL A2.26%$44M152.4K
8VVisa Inc.history →CL A2.09%$41M182.2K
9COINCoinbase Global Inc.history →CL A1.41%$27M120.0K
10TSNTyson Foods Inc.history →CL A1.39%$27M340.9K
11INTUIntuit Inc.history →COM1.36%$26M48.9K
12NVDANVIDIA Corp.history →COM1.34%$26M125.2K
13Brookfield Asset Management Inc.CL A1.32%$26M478.0K
14CDNSCadence Design Systems Inc.history →COM1.32%$26M168.6K
15AMDAdvanced Micro Devices Inc.history →COM1.30%$25M245.6K
16ASMLASML Holding N.V.history →COM1.29%$25M33.5K
17CARRCarrier Global Corp.history →COM1.26%$25M474.2K
18GNRCGenerac Holdings Inc.history →COM1.25%$24M59.4K
19ROSTRoss Stores Inc.history →COM1.25%$24M222.1K
20TJXTJX Companies, Inc.history →COM1.24%$24M365.0K
21TTEKTetra Tech Inc.history →COM1.23%$24M159.9K
22COFCapital One Financial Corp.history →COM1.21%$23M144.8K
23TXNTexas Instruments Inc.history →COM1.19%$23M120.0K
24AXPAmerican Express Co.history →COM1.18%$23M137.2K
25SITESiteOne Landscape Supply Inc.history →COM1.18%$23M115.2K
26FRCBFirst Republic Bankhistory →COM1.17%$23M117.5K
27Discover Financial ServicesCOM1.16%$22M182.8K
28SPOTSpotify Technology S.A.history →COM1.11%$22M95.8K
29SKAASkechers USA Inc.history →CL A1.08%$21M495.4K
30AMATApplied Materials, Inc.history →COM1.07%$21M162.0K
31EWEdwards Lifesciences Corp.history →COM1.05%$20M180.2K
32MSCIMSCI Inc.history →COM1.03%$20M32.8K
33OTISOtis Worldwide Corp.history →COM1.03%$20M242.0K
34DISThe Walt Disney Co.history →COM1.01%$20M116.4K
35BJBJ's Wholesale Club Holdings Inc.history →COM0.98%$19M347.0K
36GOOGAlphabet Inc.history →CL C0.96%$19M7.0K
37TTWOTake-Two Interactive Software, Inc.history →COM0.96%$19M120.7K
38AMZNAmazon.com Inc.history →COM0.93%$18M5.5K
39SGRYSurgery Partners Inc.history →COM0.90%$18M414.0K
40LWLamb Weston Holdings Inc.history →COM0.86%$17M271.0K
41VRTVertiv Holdings Co.history →COM0.86%$17M690.0K
42EOGEOG Resources, Inc.history →COM0.85%$17M206.5K
43ZMZoom Video Communications Inc.history →CL A0.82%$16M60.6K
44MSIMotorola Solutions Inc.history →COM0.80%$16M67.2K
45Oak Street Health Inc.COM0.80%$16M365.6K
46BALLBall Corp.history →COM0.79%$15M171.1K
47YETIYeti Holdings Inc.history →COM0.78%$15M175.9K
48AKAMAkamai Technologies Inc.history →COM0.78%$15M143.8K
49SCIService Corp. Internationalhistory →COM0.76%$15M245.0K
50PYPLPayPal Holdings Inc.history →COM0.76%$15M56.5K
51WMWaste Management, Inc.history →COM0.75%$15M97.5K
52RNGRingCentral Inc.history →CL A0.75%$15M66.8K
53ROPRoper Technologies Inc.history →COM0.70%$14M30.5K
54ALLYAlly Financial Inc.history →COM0.69%$13M264.0K
55GSGoldman Sachs Group, Inc.history →COM0.69%$13M35.3K
56Lam Research Corp.COM0.68%$13M23.2K
57EYENational Vision Holdings Inc.history →COM0.68%$13M231.4K
58HHyatt Hotels Corp.history →CL A0.65%$13M164.0K
59UPWKUpwork Inc.history →COM0.64%$12M276.4K
60OPCHOption Care Health Inc.history →COM0.64%$12M509.0K
61GWWW.W. Grainger, Inc.history →COM0.60%$12M29.6K
62GMGeneral Motors Co.history →COM0.57%$11M211.0K
63INTCIntel Corp.history →COM0.57%$11M206.6K
64DOWDow Inc.history →COM0.56%$11M187.7K
65MUMicron Technology, Inc.history →COM0.55%$11M151.0K
66DALDelta Air Lines, Inc.history →COM0.55%$11M250.0K
67LENLennar Corp.history →CL A0.55%$11M113.0K
68DHID.R. Horton, Inc.history →COM0.54%$11M125.1K
69ISRGIntuitive Surgical Inc.history →COM0.54%$10M10.5K
70EQIXEquinix Inc.history →COM0.53%$10M13.0K
71GPNGlobal Payments Inc.history →COM0.53%$10M64.8K
72EMREmerson Electric Co.history →COM0.52%$10M107.8K
73DOCUDocuSign Inc.history →COM0.52%$10M39.2K
74Cooper Companies, Inc.COM0.52%$10M24.4K
75CRWDCrowdStrike Holdings Inc.history →CL A0.52%$10M41.0K
76SPGIS&P Global Inc.COM0.51%$10M23.3K
77AAgilent Technologies, Inc.COM0.51%$10M62.8K
78EXPOExponent Inc.COM0.50%$10M86.1K
79CCICrown Castle International Corp.COM0.49%$10M54.9K
80URIUnited Rentals Inc.COM0.49%$10M27.1K
81NEENextEra Energy Inc.COM0.48%$9M119.0K
82Arista Networks Inc.COM0.45%$9M25.6K
83PGNYProgyny Inc.COM0.45%$9M156.0K
84MELIMercadoLibre Inc.COM0.45%$9M5.2K
85NFLXNetflix Inc.COM0.45%$9M14.2K
86MTZMasTec Inc.COM0.44%$9M100.0K
87KEYSKeysight Technologies Inc.COM0.43%$8M51.0K
88BKNGBooking Holdings Inc.COM0.43%$8M3.5K
89World Wrestling Entertainment, Inc.CL A0.43%$8M146.8K
90OLLIOllie's Bargain Outlet Holdings Inc.COM0.39%$8M125.6K
91MCHPMicrochip Technology IncorporatedCOM0.38%$7M48.0K
92ALGTAllegiant Travel Co.COM0.35%$7M35.2K
93DEDeere & Co.COM0.35%$7M20.0K
94XYLXylem, Inc.COM0.32%$6M50.0K
95ONON Semiconductor Corp.COM0.32%$6M135.0K
96Pioneer Natural Resources Co.COM0.32%$6M37.0K
97GTTHE Goodyear Tire & Rubber Co.COM0.31%$6M345.2K
98NICENICE Ltd.SPONSORED ADR0.28%$5M19.2K
99ZSZscaler Inc.COM0.27%$5M19.8K
100HSYThe Hershey Co.COM0.26%$5M30.0K

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 ↗.