SEC 13F Intelligence

Managers / Q4 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
$1.8B
Q4 2024
Positions
97
Filings on Record
29
2019–present window
Filed
Jan 24, 2025
original filing

Summary

Rheos Capital Works Inc. reported $1.8B in U.S.-listed holdings across 97 positions for Q4 2024.

Its largest position, GS, represents 8.1% of the portfolio.

Compared with Q3 2024, the fund opened 10 new positions and exited 18.

Portfolio Metrics

Turnover
+15.1%
vs prior filed quarter
Top-10 Concentration
+33.5%
share of reported value
Largest Position
+8.1%
Goldman Sachs
New / Exited
10 / 18
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: 96.0%ADR: 3.2%REIT: 0.7%
  • Common Stock · 96.0% · $1.7B
  • ADR · 3.2% · $59M
  • REIT · 0.7% · $13M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
METAMETA PLATFORMS INCNEW+37.5K37.5K+$22M$22M
ARESARES MANAGEMENT CORPORATIONNEW+66.8K66.8K+$12M$12M
BACBK OF AMERICA CORPNEW+250.0K250.0K+$11M$11M
NOWSERVICENOW INCNEW+9.5K9.5K+$10M$10M
CRMSALESFORCE COM INCNEW+29.0K29.0K+$10M$10M
BLBLACKLINE INCNEW+100.0K100.0K+$6M$6M
SKAASKECHERS U S A INCNEW+60.0K60.0K+$4M$4M
MCDMCDONALDS CORPNEW+7.1K7.1K+$2M$2M

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

Holdings — Q4 2024

97 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GSGOLDMAN SACHS GROUP INChistory →COM8.09%$146M255.0K
2MSFTMICROSOFT CORPhistory →COM3.79%$68M162.3K
3VVISA INChistory →CL A3.50%$63M200.0K
4AMZNAMAZON COM INChistory →COM3.45%$62M283.8K
5RACEFERRARI N Vhistory →COM3.34%$60M141.7K
6NVDANVIDIA CORPORATIONhistory →COM2.72%$49M365.5K
7CCITIGROUP INChistory →COM2.59%$47M663.5K
8NFLXNETFLIX INChistory →COM2.08%$38M42.2K
9MSIMOTOROLA SOLUTIONS INChistory →COM2.04%$37M79.5K
10EMREMERSON ELEC COhistory →COM1.90%$34M276.1K
11AXPAMERICAN EXPRESS COhistory →COM1.89%$34M115.2K
12AVGOBROADCOM INChistory →COM1.82%$33M142.0K
13ARMARM Holdings PLChistory →COM1.67%$30M244.9K
14STXSEAGATE TECHNOLOGY HLDNGS PLhistory →COM1.59%$29M331.5K
15WMTWALMART INChistory →COM1.53%$28M306.4K
16AMATAPPLIED MATLS INChistory →COM1.53%$28M170.1K
17HDBHDFC BANK LTDhistory →SPONSORED ADR1.53%$28M432.0K
18TTEKTETRA TECH INC NEWhistory →COM1.51%$27M684.0K
19TMOTHERMO FISHER SCIENTIFIC INChistory →COM1.47%$27M51.0K
20CSCOCISCO SYS INChistory →COM1.46%$26M445.0K
21HSYHERSHEY COhistory →COM1.45%$26M154.0K
22UBERUBER TECHNOLOGIES INChistory →COM1.42%$26M425.0K
23OLLIOLLIES BARGAIN OUTLET HLDGShistory →COM1.39%$25M228.0K
24SNPSSYNOPSYS INChistory →COM1.32%$24M49.0K
25QCOMQUALCOMM INChistory →COM1.28%$23M150.0K
26METAMETA PLATFORMS INChistory →CL A1.22%$22M37.5K
27COSTCOSTCO WHSL CORP NEWhistory →COM1.20%$22M23.6K
28LULULULULEMON ATHLETICA INChistory →COM1.18%$21M55.5K
29CROXCROCS INChistory →COM1.17%$21M192.2K
30LLYLILLY ELI & COhistory →COM1.16%$21M27.0K
31PANWPALO ALTO NETWORKS INChistory →COM1.09%$20M108.2K
32SPOTSPOTIFY TECHNOLOGY S Ahistory →COM1.09%$20M44.0K
33JOBYJOBY AVIATION INChistory →COM1.08%$20M2.40M
34MDBMONGODB INChistory →COM1.06%$19M82.0K
35NEENEXTERA ENERGY INChistory →COM1.05%$19M265.0K
36BXBLACKSTONE INChistory →COM1.01%$18M106.0K
37RTXRAYTHEON TECHNOLOGIES CORPhistory →COM1.00%$18M156.0K
38MDGLMADRIGAL PHARMACEUTICALS INChistory →COM0.96%$17M56.2K
39DELLDELL TECHNOLOGIES INChistory →CL C0.96%$17M150.0K
40DARDARLING INGREDIENTS INChistory →COM0.93%$17M500.0K
41DISDISNEY WALT COhistory →COM0.92%$17M149.4K
42AAPLAPPLE INChistory →COM0.90%$16M64.5K
43MAKEMYTRIP LIMITED MAURITIUSCOM0.84%$15M135.0K
44XYLXYLEM INChistory →COM0.78%$14M120.9K
45CCJCAMECO CORPhistory →COM0.77%$14M270.0K
46AAGILENT TECHNOLOGIES INChistory →COM0.74%$13M99.2K
47CCICROWN CASTLE INTL CORP NEWhistory →COM0.73%$13M145.0K
48HLIHOULIHAN LOKEY INChistory →CL A0.71%$13M73.4K
49KRUSKURA SUSHI USA INChistory →CL A0.70%$13M139.0K
50ARISTA NETWORKS INCCOM0.67%$12M110.0K
51EVREVERCORE INChistory →CL A0.66%$12M43.0K
52ARESARES MANAGEMENT CORPORATIONhistory →CL A0.66%$12M66.8K
53LMTLOCKHEED MARTIN CORPhistory →COM0.65%$12M24.2K
54DHID R HORTON INChistory →COM0.64%$12M83.0K
55BJBJS WHSL CLUB HLDGS INChistory →COM0.64%$12M129.0K
56GFSGLOBALFOUNDRIES INChistory →COM0.63%$11M263.0K
57BACBK OF AMERICA CORPhistory →COM0.61%$11M250.0K
58MUMICRON TECHNOLOGY INChistory →COM0.60%$11M129.0K
59SCISERVICE CORP INTLhistory →COM0.60%$11M135.0K
60LAZLazard Inc.history →COM0.58%$11M205.0K
61GOOGALPHABET INChistory →CL C0.58%$10M55.0K
62KEYKEYCORPhistory →COM0.57%$10M600.0K
63TDGTRANSDIGM GROUP INChistory →COM0.57%$10M8.1K
64NOWSERVICENOW INChistory →COM0.56%$10M9.5K
65NKENIKE INCCL B0.55%$10M130.0K
66INSPINSPIRE MED SYS INCCOM0.54%$10M52.4K
67CRMSALESFORCE COM INCCOM0.54%$10M29.0K
68MEDPMEDPACE HLDGS INCCOM0.54%$10M29.1K
69ETNEATON CORP PLCCOM0.53%$10M29.0K
70TJXTJX COS INC NEWCOM0.53%$9M78.6K
71ONON SEMICONDUCTOR CORPCOM0.52%$9M149.5K
72BWABORGWARNER INCCOM0.51%$9M287.1K
73BTUPEABODY ENGR CORPCOM0.46%$8M399.5K
74NTNXNUTANIX INCCL A0.45%$8M132.0K
75LHXL3HARRIS TECHNOLOGIES INCCOM0.43%$8M37.3K
76AKROAKERO THERAPEUTICS INCCOM0.43%$8M276.0K
77LDOSLEIDOS HOLDINGS INCCOM0.38%$7M48.0K
78LWLAMB WESTON HLDGS INCCOM0.37%$7M100.0K
79DHRDANAHER CORPORATIONCOM0.35%$6M27.5K
80BLBLACKLINE INCCOM0.34%$6M100.0K
81HPEHEWLETT PACKARD ENTERPRISE CCOM0.33%$6M280.0K
82TAPMOLSON COORS BEVERAGE COCL B0.32%$6M100.0K
83INTCINTEL CORPCOM0.31%$6M277.0K
84APHAMPHENOL CORP NEWCOM0.31%$6M79.7K
85BABOEING COCOM0.26%$5M26.4K
86GNRCGENERAC HLDGS INCCOM0.26%$5M30.0K
87HCAHCA HEALTHCARE INCCOM0.25%$5M15.0K
88GTLSCHART INDS INCCOM0.24%$4M22.5K
89SKAASKECHERS U S A INCCL A0.22%$4M60.0K
90HUMHUMANA INCCOM0.21%$4M15.0K
91ESABESAB Corp.COM0.21%$4M31.2K
92ELVANTHEM INCCOM0.20%$4M10.0K
93CASYCASEYS GEN STORES INCCOM0.19%$3M8.6K
94BRKRBRUKER CORPCOM0.16%$3M50.0K
95MCDMCDONALDS CORPCOM0.11%$2M7.1K
96AAALCOA CORPCOM0.11%$2M53.0K
97BABAALIBABA GROUP HLDG LTDSPONSORED ADR0.05%$848,00010.0K

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 ↗.