SEC 13F Intelligence

Managers / Q2 2024 · 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
Q2 2024
Positions
98
Filings on Record
29
2019–present window
Filed
Jul 24, 2024
original filing

Summary

Rheos Capital Works Inc. reported $1.9B in U.S.-listed holdings across 98 positions for Q2 2024.

Its largest position, NVDA, represents 6.0% of the portfolio.

Compared with Q1 2024, the fund opened 20 new positions and exited 19.

Portfolio Metrics

Turnover
+23.4%
vs prior filed quarter
Top-10 Concentration
+36.1%
share of reported value
Largest Position
+6.0%
Nvidia Corporation
New / Exited
20 / 19
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: 95.5%ADR: 4.1%REIT: 0.4%
  • Common Stock · 95.5% · $1.8B
  • ADR · 4.1% · $78M
  • REIT · 0.4% · $8M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GSGOLDMAN SACHS GROUP INCNEW+68.0K68.0K+$31M$31M
CCITIGROUP INCNEW+461.0K461.0K+$29M$29M
HPEHEWLETT PACKARD ENTERPRISE CNEW+900.0K900.0K+$19M$19M
SNAPSNAP INCNEW+900.0K900.0K+$15M$15M
RCLROYAL CARIBBEAN GROUPNEW+68.4K68.4K+$11M$11M
ONON SEMICONDUCTOR CORPNEW+146.5K146.5K+$10M$10M
TLNTalen Energy Corp.NEW+86.0K86.0K+$10M$10M
GEVGE Vernova Inc.NEW+51.9K51.9K+$9M$9M

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

Holdings — Q2 2024

98 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NVDANVIDIA CORPORATIONhistory →COM6.02%$115M930.0K
2MSFTMICROSOFT CORPhistory →COM5.37%$102M229.3K
3QCOMQUALCOMM INChistory →COM5.21%$99M499.4K
4GOOGALPHABET INChistory →CL C3.27%$62M340.0K
5CCJCAMECO CORPhistory →COM3.25%$62M1.26M
6AMZNAMAZON COM INChistory →COM3.23%$62M318.8K
7LLYLILLY ELI & COhistory →COM2.91%$56M61.4K
8CROXCROCS INChistory →COM2.42%$46M316.3K
9ARMARM Holdings PLChistory →COM2.30%$44M268.9K
10VVISA INChistory →CL A2.09%$40M152.2K
11EMREMERSON ELEC COhistory →COM1.94%$37M337.1K
12RACEFERRARI N Vhistory →COM1.83%$35M85.7K
13STXSEAGATE TECHNOLOGY HLDNGS PLhistory →COM1.75%$33M323.5K
14MDGLMADRIGAL PHARMACEUTICALS INChistory →COM1.62%$31M110.2K
15GSGOLDMAN SACHS GROUP INChistory →COM1.61%$31M68.0K
16MSIMOTOROLA SOLUTIONS INChistory →COM1.61%$31M79.5K
17CCITIGROUP INChistory →COM1.53%$29M461.0K
18AMATAPPLIED MATLS INChistory →COM1.52%$29M122.6K
19RTXRAYTHEON TECHNOLOGIES CORPhistory →COM1.51%$29M287.8K
20HSYHERSHEY COhistory →COM1.48%$28M154.0K
21TTEKTETRA TECH INC NEWhistory →COM1.47%$28M136.8K
22CASYCASEYS GEN STORES INChistory →COM1.32%$25M66.1K
23NEENEXTERA ENERGY INChistory →COM1.24%$24M335.0K
24TMOTHERMO FISHER SCIENTIFIC INChistory →COM1.24%$24M42.7K
25NFLXNETFLIX INChistory →COM1.17%$22M33.2K
26COSTCOSTCO WHSL CORP NEWhistory →COM1.17%$22M26.3K
27PANWPALO ALTO NETWORKS INChistory →COM1.15%$22M65.0K
28HDBHDFC BANK LTDhistory →SPONSORED ADR1.13%$21M334.0K
29SPOTSPOTIFY TECHNOLOGY S Ahistory →COM1.09%$21M66.5K
30WMTWALMART INChistory →COM1.09%$21M306.4K
31LMTLOCKHEED MARTIN CORPhistory →COM1.07%$20M43.8K
32ROSTROSS STORES INChistory →COM1.06%$20M139.5K
33BJBJS WHSL CLUB HLDGS INChistory →COM1.05%$20M229.0K
34AXPAMERICAN EXPRESS COhistory →COM1.00%$19M82.7K
35HPEHEWLETT PACKARD ENTERPRISE Chistory →COM1.00%$19M900.0K
36ONONON HLDG AGhistory →CL A0.97%$18M476.0K
37CEGConstellation Energy Corp.history →COM0.96%$18M92.0K
38DARDARLING INGREDIENTS INChistory →COM0.96%$18M500.0K
39OLLIOLLIES BARGAIN OUTLET HLDGShistory →COM0.94%$18M182.0K
40DISDISNEY WALT COhistory →COM0.91%$17M175.9K
41MDBMONGODB INChistory →COM0.88%$17M67.0K
42XYLXYLEM INChistory →COM0.86%$16M120.9K
43ORLYOREILLY AUTOMOTIVE INChistory →COM0.85%$16M15.3K
44TJXTJX COS INC NEWhistory →COM0.82%$16M141.6K
45SNAPSNAP INChistory →CL A0.78%$15M900.0K
46PCORPROCORE TECHNOLOGIES INChistory →COM0.77%$15M223.0K
47GFSGLOBALFOUNDRIES INChistory →COM0.70%$13M263.0K
48LHXL3HARRIS TECHNOLOGIES INChistory →COM0.70%$13M59.2K
49AAGILENT TECHNOLOGIES INChistory →COM0.67%$13M99.2K
50BTUPEABODY ENGR CORPhistory →COM0.67%$13M579.5K
51SCISERVICE CORP INTLhistory →COM0.67%$13M180.0K
52KRUSKURA SUSHI USA INChistory →CL A0.63%$12M192.0K
53MKLMARKEL CORPhistory →COM0.62%$12M7.5K
54LDOSLEIDOS HOLDINGS INChistory →COM0.60%$12M79.0K
55RCLROYAL CARIBBEAN GROUPhistory →COM0.57%$11M68.4K
56INSPINSPIRE MED SYS INChistory →COM0.56%$11M79.4K
57JOBYJOBY AVIATION INChistory →COM0.55%$10M2.06M
58BXBLACKSTONE INChistory →COM0.53%$10M82.0K
59MEDPMEDPACE HLDGS INChistory →COM0.53%$10M24.6K
60AMRCAMERESCO INChistory →CL A0.53%$10M350.7K
61ONON SEMICONDUCTOR CORPhistory →COM0.53%$10M146.5K
62OPCHOPTION CARE HEALTH INCCOM0.52%$10M357.6K
63TLNTalen Energy Corp.COM0.50%$10M86.0K
64BWABORGWARNER INCCOM0.48%$9M287.1K
65GEVGE Vernova Inc.COM0.47%$9M51.9K
66LWLAMB WESTON HLDGS INCCOM0.44%$8M100.0K
67AVGOBROADCOM INCCOM0.44%$8M5.2K
68TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADR0.42%$8M46.0K
69EQIXEQUINIX INCCOM0.40%$8M10.0K
70VRTVERTIV HOLDINGS COCOM0.38%$7M84.8K
71ASMLASML HOLDING N VSPONSORED ADR0.38%$7M7.1K
72ARISTA NETWORKS INCCOM0.38%$7M20.5K
73KEYKEYCORPCOM0.37%$7M500.0K
74DHRDANAHER CORPORATIONCOM0.36%$7M27.5K
75INTCINTEL CORPCOM0.35%$7M217.0K
76DHID R HORTON INCCOM0.33%$6M45.0K
77HUMHUMANA INCCOM0.29%$6M15.0K
78KNSLKINSALE CAP GROUP INCCOM0.29%$6M14.4K
79ELVANTHEM INCCOM0.28%$5M10.0K
80ISRGINTUITIVE SURGICAL INCCOM0.28%$5M12.0K
81GTLSCHART INDS INCCOM0.28%$5M36.5K
82SMRNuScale Power Corp.CL A0.28%$5M450.0K
83HLIHOULIHAN LOKEY INCCL A0.27%$5M38.4K
84TAPMOLSON COORS BEVERAGE COCL B0.27%$5M100.0K
85AKROAKERO THERAPEUTICS INCCOM0.27%$5M216.0K
86ETNEATON CORP PLCCOM0.25%$5M15.0K
87BTIBRITISH AMERN TOB PLCSPONSORED ADR0.24%$5M150.0K
88APHAMPHENOL CORP NEWCOM0.24%$5M68.0K
89CMECME GROUP INCCL A0.24%$5M23.3K
90CBOECBOE GLOBAL MKTS INCCOM0.24%$5M26.7K
91ESABESAB Corp.COM0.23%$4M46.7K
92VSTVISTRA CORPCOM0.23%$4M50.0K
93WOLFSPEED INCCOM0.21%$4M177.5K
94LSCCLATTICE SEMICONDUCTOR CORPCOM0.20%$4M67.4K
95LULULULULEMON ATHLETICA INCCOM0.20%$4M13.0K
96COINCOINBASE GLOBAL INCCL A0.20%$4M17.0K
97LAZLazard Inc.COM0.16%$3M80.0K
98ACNACCENTURE PLC IRELANDCL A0.16%$3M10.0K

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 ↗.