SEC 13F Intelligence

Managers / Q3 2022 · 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
Q3 2022
Positions
145
Filings on Record
29
2019–present window
Filed
Nov 9, 2022
original filing

Summary

Rheos Capital Works Inc. reported $1.5B in U.S.-listed holdings across 145 positions for Q3 2022.

Its largest position, MSFT, represents 2.4% of the portfolio.

Compared with Q2 2022, the fund opened 13 new positions and exited 4.

Portfolio Metrics

Turnover
+10.3%
vs prior filed quarter
Top-10 Concentration
+19.8%
share of reported value
Largest Position
+2.4%
Microsoft
New / Exited
13 / 4
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: 95.3%Other: 2.6%REIT: 1.6%Tracking Stk: 0.2%ADR: 0.2%
  • Common Stock · 95.3% · $1.4B
  • Other · 2.6% · $39M
  • REIT · 1.6% · $23M
  • Tracking Stk · 0.2% · $4M
  • ADR · 0.2% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AZOAutozone, Inc.NEW+7.5K7.5K+$16M$16M
ORLYO'Reilly Automotive, Inc.NEW+22.2K22.2K+$16M$16M
FTNTFortinet, Inc.NEW+183.0K183.0K+$9M$9M
MANHManhattan Associates, Inc.NEW+66.0K66.0K+$9M$9M
GMGeneral Motors Co.NEW+248.0K248.0K+$8M$8M
MUSAMurphy USA Inc.NEW+26.0K26.0K+$7M$7M
WHWyndham Hotels & Resorts, Inc.NEW+94.0K94.0K+$6M$6M
CASYCasey's General Stores, Inc.NEW+25.2K25.2K+$5M$5M

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

Holdings — Q3 2022

145 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMicrosoft Corp.history →COM2.36%$35M150.4K
2DEDeere & Co.history →COM2.32%$34M103.0K
3NEENextEra Energy Inc.history →COM2.21%$33M419.0K
4EOGEOG Resources, Inc.history →COM1.94%$29M257.8K
5TTEKTetra Tech Inc.history →COM1.93%$29M222.9K
6TXNTexas Instruments Inc.history →COM1.92%$28M184.1K
7CDNSCadence Design Systems Inc.history →COM1.85%$27M167.6K
8WDAYWorkday, Inc.history →CL A1.78%$26M173.7K
9HSYThe Hershey Co.history →COM1.75%$26M117.9K
10BJBJ's Wholesale Club Holdings Inc.history →COM1.70%$25M347.0K
11TSNTyson Foods Inc.history →CL A1.63%$24M366.9K
12TJXTJX Companies, Inc.history →COM1.53%$23M365.0K
13AMZNAmazon.com Inc.history →COM1.48%$22M194.0K
14ORCLOracle Corp.history →COM1.47%$22M357.0K
15CTVACorteva, Inc.history →COM1.46%$22M380.0K
16NOWServiceNow, Inc.history →COM1.45%$22M57.0K
17LWLamb Weston Holdings Inc.history →COM1.41%$21M271.0K
18CARRCarrier Global Corp.history →COM1.36%$20M569.5K
19BILLBill.Com Holdings, Inc.history →COM1.36%$20M152.0K
20GNRCGenerac Holdings Inc.history →COM1.28%$19M106.4K
21ROSTRoss Stores Inc.history →COM1.26%$19M222.1K
22OPCHOption Care Health Inc.history →COM1.25%$19M590.0K
23Brookfield Asset Management Inc.CL A1.25%$19M453.0K
24RACEFerrari NVhistory →COM1.18%$18M94.6K
25ROKRockwell Automation, Inc.history →COM1.14%$17M78.8K
26AZOAutozone, Inc.history →COM1.08%$16M7.5K
27HESHess Corp.history →COM1.06%$16M145.0K
28ORLYO'Reilly Automotive, Inc.history →COM1.05%$16M22.2K
29ACNAccenture plc.history →CL A1.05%$16M60.4K
30IBMInternational Business Machines Corp.history →COM1.04%$15M130.0K
31OTISOtis Worldwide Corp.history →COM1.04%$15M242.0K
32GTLSChart Industries, Inc.history →COM1.04%$15M83.5K
33MSIMotorola Solutions Inc.history →COM1.01%$15M67.2K
34EWEdwards Lifesciences Corp.history →COM1.00%$15M180.2K
35DARDarling Ingredients Inc.history →COM0.99%$15M223.0K
36GWWW.W. Grainger, Inc.history →COM0.98%$14M29.6K
37HQYHealthEquity, Inc.history →COM0.97%$14M215.2K
38SCIService Corp. Internationalhistory →COM0.95%$14M245.0K
39EMREmerson Electric Co.history →COM0.95%$14M192.1K
40ASMLASML Holding N.V.history →COM0.94%$14M33.5K
41BALLBall Corp.history →COM0.93%$14M286.8K
42CBChubb Ltd.history →COM0.93%$14M76.0K
43Discover Financial ServicesCOM0.89%$13M144.8K
44QCOMQualcomm Inc.history →COM0.88%$13M115.4K
45AMRCAmeresco Inc.history →CL A0.88%$13M195.7K
46Pioneer Natural Resources Co.COM0.85%$13M58.0K
47SITESiteOne Landscape Supply Inc.history →COM0.81%$12M115.2K
48Bunge Ltd.COM0.81%$12M145.0K
49LOBLive Oak Bancshares, Inc.history →COM0.79%$12M384.0K
50World Wrestling Entertainment, Inc.CL A0.79%$12M166.8K
51Arista Networks Inc.COM0.78%$12M102.4K
52FIVEFive Below Inc.history →COM0.77%$11M83.5K
53ROPRoper Technologies Inc.history →COM0.74%$11M30.5K
54WCNWaste Connections, Inc.history →COM0.73%$11M80.0K
55GTTHE Goodyear Tire & Rubber Co.history →COM0.73%$11M1.07M
56COFCapital One Financial Corp.history →COM0.71%$11M114.8K
57WMWaste Management, Inc.history →COM0.71%$11M65.6K
58GSGoldman Sachs Group, Inc.history →COM0.70%$10M35.3K
59GOOGAlphabet Inc.CL C0.65%$10M100.0K
60DISThe Walt Disney Co.COM0.64%$9M100.0K
61SKAASkechers USA Inc.CL A0.63%$9M295.4K
62INTUIntuit Inc.COM0.63%$9M24.1K
63CRWDCrowdStrike Holdings Inc.CL A0.62%$9M56.0K
64FTNTFortinet, Inc.COM0.61%$9M183.0K
65MANHManhattan Associates, Inc.COM0.59%$9M66.0K
66Wolfspeed, Inc.COM0.57%$8M81.4K
67OLLIOllie's Bargain Outlet Holdings Inc.COM0.56%$8M160.6K
68DOWDow Inc.COM0.56%$8M187.7K
69BWABorgWarner, Inc.COM0.55%$8M258.1K
70AXPAmerican Express Co.COM0.54%$8M59.9K
71AMTAmerican Tower Corp.COM0.54%$8M37.6K
72KEYSKeysight Technologies Inc.COM0.54%$8M51.0K
73GMGeneral Motors Co.COM0.54%$8M248.0K
74CCICrown Castle International Corp.COM0.53%$8M54.9K
75XYLXylem, Inc.COM0.53%$8M90.0K
76AWKAmerican Water Works Co., Inc.COM0.53%$8M60.0K
77TTWOTake-Two Interactive Software, Inc.COM0.52%$8M70.7K
78AAgilent Technologies, Inc.COM0.51%$8M62.8K
79MUMicron Technology, Inc.COM0.51%$8M151.0K
80EYENational Vision Holdings Inc.COM0.51%$8M231.4K
81EXPOExponent Inc.COM0.51%$8M86.1K
82CHHChoice Hotels International, Inc.COM0.50%$7M68.0K
83EQIXEquinix Inc.COM0.50%$7M13.0K
84URIUnited Rentals Inc.COM0.49%$7M27.1K
85HHyatt Hotels Corp.CL A0.49%$7M90.2K
86GPNGlobal Payments Inc.COM0.49%$7M66.8K
87SLBSchlumberger N.V.COM0.48%$7M200.4K
88MUSAMurphy USA Inc.COM0.48%$7M26.0K
89Cooper Companies, Inc.COM0.43%$6M24.4K
90VVisa Inc.CL A0.43%$6M36.2K
91TMOThermo Fisher Scientific, Inc.COM0.43%$6M12.5K
92HLIHoulihan Lokey, Inc.CL A0.41%$6M81.5K
93AKAMAkamai Technologies Inc.COM0.40%$6M73.8K
94PANWPalo Alto Networks, Inc.COM0.40%$6M36.0K
95PGNYProgyny Inc.COM0.39%$6M156.0K
96WHWyndham Hotels & Resorts, Inc.COM0.39%$6M94.0K
97FANGDiamondback Energy, Inc.COM0.38%$6M46.9K
98INTCIntel Corp.COM0.36%$5M206.6K
99ETNEaton Corp plcCOM0.36%$5M39.8K
100VEEVVeeva Systems Inc.CL A0.35%$5M31.9K

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 ↗.