Q2 2026 13F · SEC CIK 1735445

Rheos Capital Works Inc.

Asset managerFiled 2026-08-07 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.8B
Reported positions: 82
Top holdings a year, 3 yrs: +18.0%
Average holding period: 2.0 yrs

Rheos Capital Works Inc. is an asset manager that reported 82 positions worth $1.8B in its Q2 2026 13F, filed 2026-08-07. Its largest holdings were Ferrari N V (RACE, 3.8%), Meta Platforms Inc (META, 3.2%), Bjs Whsl Club Hldgs Inc Com (BJ, 2.7%). A portfolio copying its top holdings returned 18.0% a year over the last 3 years, against 20.4% for the S&P 500.

Rheos Capital Works Inc. holdings largest 50 of 82 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Rheos Capital Works Inc. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
RACEFerrari N V	3.8%	5.2%	180,000	-21.8%	$67.0M
METAMeta Platforms Inc	3.2%	2.9%	100,000	+30.7%	$56.3M
BJBjs Whsl Club Hldgs Inc Com	2.7%	3.6%	550,000	+0.0%	$48.0M
AMZNAmazon Com Inc	2.7%	3.8%	200,000	-26.7%	$47.7M
INTCIntel Corp	2.7%	1.8%	340,000	-44.3%	$47.5M
BACBank of Amer Corp	2.6%	1.6%	800,000	+60.0%	$45.6M
AMDAdvanced Micro Devices Inc	2.5%	2.4%	75,000	-56.9%	$43.6M
AMATApplied Matls Inc	2.5%	2.3%	60,000	-40.0%	$43.4M
CATCaterpillar Inc	2.4%	3.3%	40,000	-42.9%	$42.6M
LLYEli Lilly & Co	2.4%	—	35,000	—	$42.0M
VVisa Inc	2.3%	—	120,000	—	$41.2M
NVDANvidia Corporation	2.3%	3.3%	200,000	-28.9%	$40.0M
QCOMQualcomm Inc	2.2%	—	210,000	—	$38.8M
MSFTMicrosoft Corp	2.1%	3.0%	100,000	-16.7%	$37.3M
GOOGAlphabet Inc	2.0%	1.9%	100,000	+0.0%	$35.3M
AAPLApple Inc	2.0%	1.0%	120,000	+100.0%	$34.7M
MUMicron Technology Inc	2.0%	—	30,000	—	$34.6M
ARMArm Holdings PLC	1.8%	1.9%	90,000	-52.5%	$31.9M
WDCWestern Digital Corp Com	1.7%	0.9%	48,000	+0.0%	$30.7M
EQTEqt Corp	1.7%	2.3%	550,000	+0.0%	$29.2M
TSLATesla Inc	1.6%	2.1%	65,000	-23.5%	$27.3M
PEPPepsico Inc	1.5%	1.2%	200,000	+66.7%	$27.1M
NFLXNetflix Inc.	1.5%	2.4%	375,000	+0.0%	$26.8M
JOBYJoby Aviation Inc	1.5%	2.0%	3,000,000	-18.1%	$26.8M
BIRKBirkenstock Holding PLC	1.5%	0.8%	600,000	+71.4%	$25.8M
SNOWSnowflake Inc	1.5%	0.8%	100,000	+25.0%	$25.4M
NETCloudflare Inc	1.4%	1.4%	100,000	+0.0%	$24.5M
STXSeagate Technology Hldngs Pl	1.4%	1.8%	25,000	-63.0%	$24.1M
GSGoldman Sachs Group Inc	1.3%	0.9%	23,000	+48.4%	$23.3M
ASMLAsml Hldg NV	1.3%	1.0%	11,600	+0.0%	$23.1M
YPFYpf Sociedad Anonima	1.3%	1.5%	500,000	+0.0%	$22.7M
KLACKla Corp	1.2%	—	72,000	—	$21.7M
UBERUber Technologies Inc	1.2%	2.2%	300,000	-33.3%	$21.6M
DISDisney Walt Co	1.2%	1.3%	220,000	+9.8%	$21.2M
OLLIOllies Bargain Outlet Holdings	1.2%	1.3%	270,000	+26.8%	$20.8M
LRCXLam Resh Corp	1.2%	—	47,500	—	$20.6M
BABoeing Co	1.2%	2.0%	95,000	-36.7%	$20.6M
CSCOCisco Sys Inc	1.1%	0.8%	170,000	+9.7%	$20.0M
CRWDCrowdstrike Hldgs Inc	1.1%	—	25,000	—	$19.1M
BKRBaker Hughes Company Cl A	1.1%	1.4%	340,000	+0.0%	$18.9M
MELIMercadolibre Inc	1.1%	1.0%	11,000	+22.2%	$18.7M
HOODRobinhood Mkts Inc	1.0%	0.8%	175,000	+0.0%	$17.5M
AVGOBroadcom Inc	1.0%	2.2%	45,000	-58.1%	$17.0M
HALHalliburton Co	1.0%	1.0%	500,000	+25.0%	$17.0M
JPMJpmorgan Chase & Co	0.9%	—	50,000	—	$16.4M
EQIXEquinix Inc	0.9%	—	15,000	—	$15.6M
LMTLockheed Martin Corp	0.9%	1.7%	30,000	-30.6%	$15.3M
ABBVAbbvie Inc	0.9%	—	60,000	—	$15.1M
TMOThermo Fisher Scientific Inc	0.9%	1.7%	30,000	-41.2%	$15.0M
CNHICnh Indl N V	0.8%	1.2%	1,300,000	-19.8%	$14.6M

What Rheos Capital Works Inc. bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

AAPL Apple Inc+100.0% shares
BIRK Birkenstock Holding PLC+71.4% shares
PEP Pepsico Inc+66.7% shares
BAC Bank of Amer Corp+60.0% shares
GS Goldman Sachs Group Inc+48.4% shares
META Meta Platforms Inc+30.7% shares
OLLI Ollies Bargain Outlet Holdings+26.8% shares
SNOW Snowflake Inc+25.0% shares

Reduced

STX Seagate Technology Hldngs Pl-63.0% shares
AVGO Broadcom Inc-58.1% shares
AMD Advanced Micro Devices Inc-56.9% shares
ARM Arm Holdings PLC-52.5% shares
INTC Intel Corp-44.3% shares
CAT Caterpillar Inc-42.9% shares
TMO Thermo Fisher Scientific Inc-41.2% shares
AMAT Applied Matls Inc-40.0% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: -0.6% /yr; S&P 500 +20.1%
3 years: +18.0% /yr; S&P 500 +20.4%
5 years: +8.1% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$1.8B	82
Q1 2026	$1.5B	73
Q4 2025	$1.6B	67
Q3 2025	$1.8B	62
Q2 2025	$1.7B	68
Q1 2025	$1.2B	67
Q4 2024	$1.8B	97
Q3 2024	$1.9B	105
Q2 2024	$1.9B	98
Q1 2024	$2.1B	97
Q4 2023	$1.8B	90
Q3 2023	$1.7B	121

Questions about Rheos Capital Works Inc.'s portfolio

What stocks does Rheos Capital Works Inc. own?

Rheos Capital Works Inc.'s latest 13F, for Q2 2026 and filed Aug 7, 2026, lists 82 positions worth $1.8B. The largest are Ferrari N V (RACE) at 3.8%, Meta Platforms Inc (META) at 3.2%, Bjs Whsl Club Hldgs Inc Com (BJ) at 2.7%, Amazon Com Inc (AMZN) at 2.7% and Intel Corp (INTC) at 2.7%.

What did Rheos Capital Works Inc. buy last quarter?

In Q2 2026, Rheos Capital Works Inc. added Apple Inc (AAPL) (+100.0% shares), Birkenstock Holding PLC (BIRK) (+71.4% shares) and Pepsico Inc (PEP) (+66.7% shares), compared with its Q1 2026 filing.

What did Rheos Capital Works Inc. sell last quarter?

In Q2 2026, Rheos Capital Works Inc. cut from its top 50 Baidu Inc (BIDU), cut from its top 50 D R Horton Inc (DHI), cut from its top 50 Pfizer Inc (PFE), cut from its top 50 Alibaba Group Hldg Ltd (BABA), cut from its top 50 Shopify Inc (SHOP), Seagate Technology Hldngs Pl (STX) (-63.0% shares), Broadcom Inc (AVGO) (-58.1% shares) and Advanced Micro Devices Inc (AMD) (-56.9% shares), compared with its Q1 2026 filing.

How has Rheos Capital Works Inc.'s portfolio performed?

A portfolio copying Rheos Capital Works Inc.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +18.0% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: -0.6% against +20.1%. Over 5 years: +8.1% a year against +11.6%.

When is Rheos Capital Works Inc.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Rheos Capital Works Inc.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.