Rheos Capital Works Inc.

CIK

1735445

Location

Tokyo, M0

Portfolio Value

Small $465,777,853

Diversification

Diversified

Filing Date

Global Rank

#1,184 / 8,232 ▲ 122

Top Industry

Semiconductors 11.9%

3Y Alpha vs SPY

-0.5%

Period ended 2 months ago

Filed May 8, 2026 · 37d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+74.3%

SPY

+76.3%

Annualised alpha

-0.5%

Max drawdown

−22.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

71 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

5.3%

−4.5 pts

Top 5

19.7%

−8.3 pts

Top 10

33.3%

−10.8 pts

HHI

214

Diversified−107

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	31.9%	$465,777,853	22
Consumer Cyclical	17.2%	$250,565,976	8
Industrials	14.3%	$209,389,358	11
Communication Services	9.5%	$138,358,587	4
Consumer Defensive	8.6%	$125,439,535	7
Energy	6.9%	$101,408,600	5
Financial Services	6.1%	$88,408,776	7
Healthcare	4.4%	$64,315,178	5
Basic Materials	1.1%	$15,592,100	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

10 positions

Ticker	Company	Δ Shares	Shares	Value
INTC	Intel Corp	+360,000	610,000	$26,919,300
NFLX	Netflix Inc	+300,000	375,000	$36,056,250
AMZN	Amazon Com Inc	+150,000	272,800	$56,816,056
JOBY	Joby Aviation, Inc.	+120,000	3,665,000	$30,272,900
AMD	Advanced Micro Devices Inc	+86,000	174,000	$35,396,820
BABA	Alibaba Group Holding Ltd	+75,000	135,000	$16,937,100
BKR	Baker Hughes Co	+50,000	340,000	$20,757,000
MSFT	Microsoft Corp	+34,700	120,000	$44,420,400
ARM	Arm Holdings PLC /Uk	+10,000	189,600	$28,682,688
ASML	Asml Holding NV	+7,500	11,600	$15,321,628
No positions match the current search.

Trimmed

Positions the filer reduced

14 positions

Ticker	Company	Δ Shares	Shares	Value
DHI	Horton D R Inc /De/	−150,000	260,000	$35,677,200
AMAT	Applied Materials Inc /De	−140,000	100,000	$34,179,000
META	Meta Platforms, Inc.	−137,000	76,500	$43,767,945
WDC	Western Digital Corp	−82,000	48,000	$12,983,520
AAPL	Apple Inc.	−74,500	60,000	$15,227,400
AVAV	AeroVironment Inc	−73,000	67,000	$12,264,350
HSY	Hershey Co	−62,000	62,000	$12,889,180
BA	Boeing Co	−61,400	150,000	$29,854,500
SNOW	Snowflake Inc.	−51,000	80,000	$12,065,600
TER	Teradyne, Inc	−40,000	23,000	$6,818,580
CAT	Caterpillar Inc	−27,000	70,000	$49,592,200
MDGL	Madrigal Pharmaceuticals, Inc.	−13,000	13,215	$6,917,656
KLAC	Kla Corp	−6,800	7,200	$10,601,352
STX	Seagate Technology Holdings plc	−2,500	67,500	$26,443,800
No positions match the current search.

New Positions

Positions the filer opened this quarter

20 positions

Ticker	Company	Shares	Value
BJ	BJ's Wholesale Club Holdings, Inc.	550,000	$54,131,000
EQT	EQT Corp	550,000	$35,002,000
BAC	Bank Of America Corp /De/	500,000	$24,375,000
YPF	Ypf Sociedad Anonima	500,000	$23,110,000
PFE	Pfizer Inc	750,000	$21,060,000
NET	Cloudflare, Inc.	100,000	$20,634,000
PEP	Pepsico Inc	120,000	$18,634,800
HAL	Halliburton Co	400,000	$15,596,000
BIRK	Birkenstock Holding plc	350,000	$12,540,500
HON	Honeywell International Inc	50,000	$11,301,500
PG	PROCTER & GAMBLE Co	73,000	$10,544,120
JPM	Jpmorgan Chase & Co	35,000	$10,295,600
MDB	MongoDB, Inc.	40,000	$9,790,800
MSI	Motorola Solutions, Inc.	20,000	$8,679,400
LEU	Centrus Energy Corp	40,000	$6,943,600
SOLS	Solstice Advanced Materials Inc.	87,500	$6,664,000
COST	Costco Wholesale Corp /New	5,500	$5,480,365
DG	Dollar General Corp	35,000	$4,155,550
ACHR	Archer Aviation Inc.	700,000	$3,619,000
CPRI	Capri Holdings Ltd	200,000	$3,524,000
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
NTNX	Nutanix, Inc.	470,000	$24,294,300
ZS	Zscaler, Inc.	79,000	$17,768,680
ORCL	Oracle Corp	50,000	$9,745,500
CRNC	Cerence Inc.	600,000	$6,414,000
ACN	Accenture plc	20,000	$5,366,000
APP	AppLovin Corp	5,000	$3,369,100
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

22 positions · $465,777,853 total · Technology only · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Held	281,300	0	$49,058,720	−6.5%	10.53%
MSFT	Microsoft Corp Technology	Added	120,000	+34,700	$44,420,400	+7.7%	9.54%
AMD	Advanced Micro Devices Inc Technology	Added	174,000	+86,000	$35,396,820	+87.8%	7.60%
AMAT	Applied Materials Inc /De Technology	Reduced	100,000	-140,000	$34,179,000	−44.6%	7.34%
AVGO	Broadcom Inc. Technology	Held	107,500	0	$33,272,325	−10.6%	7.14%
UBER	Uber Technologies, Inc Technology	Held	450,000	0	$32,368,500	−12.0%	6.95%
ARM	Arm Holdings PLC /Uk Technology	Added	189,600	+10,000	$28,682,688	+46.1%	6.16%
INTC	Intel Corp Technology	Added	610,000	+360,000	$26,919,300	+191.8%	5.78%
STX	Seagate Technology Holdings plc Technology	Reduced	67,500	-2,500	$26,443,800	+37.2%	5.68%
NET	Cloudflare, Inc. Technology	NEW	100,000	NEW	$20,634,000	NEW	4.43%
SHOP	Shopify Inc. Technology	Held	138,000	0	$16,369,560	−26.3%	3.51%
ASML	Asml Holding NV Technology	Added	11,600	+7,500	$15,321,628	+249.3%	3.29%
AAPL	Apple Inc. Technology	Reduced	60,000	-74,500	$15,227,400	−58.4%	3.27%
WDC	Western Digital Corp Technology	Reduced	48,000	-82,000	$12,983,520	−42.0%	2.79%
SNOW	Snowflake Inc. Technology	Reduced	80,000	-51,000	$12,065,600	−58.0%	2.59%
CSCO	Cisco Systems, Inc. Technology	Held	155,000	0	$12,026,450	+0.7%	2.58%
KLAC	Kla Corp Technology	Reduced	7,200	-6,800	$10,601,352	−37.7%	2.28%
MDB	MongoDB, Inc. Technology	NEW	40,000	NEW	$9,790,800	NEW	2.10%
CRWD	CrowdStrike Holdings, Inc. Technology	Held	25,000	0	$9,760,250	−16.7%	2.10%
MSI	Motorola Solutions, Inc. Technology	NEW	20,000	NEW	$8,679,400	NEW	1.86%
TER	Teradyne, Inc Technology	Reduced	23,000	-40,000	$6,818,580	−44.1%	1.46%
SNPS	Synopsys Inc Technology	Held	12,000	0	$4,757,760	−15.6%	1.02%