# EDGAR Filing Document

**Accession Number:** 0001735445
**File Stem:** 0001099910-26-000174
**Filing Date:** 2026-5
**Character Count:** 10649
**Document Hash:** 00437cff35fea1dfa6969d870702f7b1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099910-26-000174.hdr.sgml**: 20260508

**ACCESSION NUMBER**: 0001099910-26-000174

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260508

**DATE AS OF CHANGE**: 20260508

**EFFECTIVENESS DATE**: 20260508

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Rheos Capital Works Inc.
- **CENTRAL INDEX KEY:** 0001735445

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** M0
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18723
- **FILM NUMBER:** 26957945

**BUSINESS ADDRESS:**
- **STREET 1:** 1-11-1, MARUNOUCHI CHIYODA-KU
- **CITY:** TOKYO
- **STATE:** M0
- **ZIP:** 100-6227
- **BUSINESS PHONE:** 81-3-6266-0124

**MAIL ADDRESS:**
- **STREET 1:** 1-11-1, MARUNOUCHI CHIYODA-KU
- **CITY:** TOKYO
- **STATE:** M0
- **ZIP:** 100-6227

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Rheos Capital Works Inc.<br>**Address:** 1-11-1 MARUNOUCHI CHIYODA-KU<br>Tokyo, M0 100-6227

**Form 13F File Number:** 028-18723

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Shuichiro Tanaka<br>**Title:** Head of Risk Management Department<br>**Phone:** 81-3-6266-0124

**Signature, Place, and Date of Signing:**

Shuichiro Tanaka  Tokyo, M0  05-08-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 73

**Form 13F Information Table Value Total:** $1498096

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| Ferrari NV | COM | N3167Y103 |  | 77911 | 230200 | SH |  | SOLE |  | 230200 | 0 | 0 |
| Amazon.com Inc. | COM | 023135106 |  | 56816 | 272800 | SH |  | SOLE |  | 272800 | 0 | 0 |
| BJ's Wholesale Club Holdings Inc. | COM | 05550J101 |  | 54131 | 550000 | SH |  | SOLE |  | 550000 | 0 | 0 |
| Caterpillar Inc. | COM | 149123101 |  | 49592 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| NVIDIA Corp. | COM | 67066G104 |  | 49059 | 281300 | SH |  | SOLE |  | 281300 | 0 | 0 |
| Microsoft Corp. | COM | 594918104 |  | 44420 | 120000 | SH |  | SOLE |  | 120000 | 0 | 0 |
| Meta Platforms Inc. | CL A | 30303M102 |  | 43768 | 76500 | SH |  | SOLE |  | 76500 | 0 | 0 |
| Baidu Inc | SPONSORED ADR | 056752108 |  | 39220 | 352000 | SH |  | SOLE |  | 352000 | 0 | 0 |
| Netflix Inc. | COM | 64110L106 |  | 36056 | 375000 | SH |  | SOLE |  | 375000 | 0 | 0 |
| D.R. Horton Inc. | COM | 23331A109 |  | 35677 | 260000 | SH |  | SOLE |  | 260000 | 0 | 0 |
| Advanced Micro Devices Inc. | COM | 007903107 |  | 35397 | 174000 | SH |  | SOLE |  | 174000 | 0 | 0 |
| EQT Corp | COM | 26884L109 |  | 35002 | 550000 | SH |  | SOLE |  | 550000 | 0 | 0 |
| Applied Materials Inc. | COM | 038222105 |  | 34179 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| Broadcom Inc. | COM | 11135F101 |  | 33272 | 107500 | SH |  | SOLE |  | 107500 | 0 | 0 |
| Uber Technologies Inc. | COM | 90353T100 |  | 32369 | 450000 | SH |  | SOLE |  | 450000 | 0 | 0 |
| Tesla Inc. | COM | 88160R101 |  | 31599 | 85000 | SH |  | SOLE |  | 85000 | 0 | 0 |
| Joby Aviation Inc | COM | G65163100 |  | 30273 | 3665000 | SH |  | SOLE |  | 3665000 | 0 | 0 |
| The Boeing Co. | COM | 097023105 |  | 29855 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| Alphabet Inc. | CL C | 02079K107 |  | 28686 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| ARM Holdings PLC | COM | 042068205 |  | 28683 | 189600 | SH |  | SOLE |  | 189600 | 0 | 0 |
| Intel Corp. | COM | 458140100 |  | 26919 | 610000 | SH |  | SOLE |  | 610000 | 0 | 0 |
| Seagate Technology Holdings Public L imited Co. | COM | G7997R103 |  | 26444 | 67500 | SH |  | SOLE |  | 67500 | 0 | 0 |
| Lockheed Martin Corp. | COM | 539830109 |  | 26110 | 43200 | SH |  | SOLE |  | 43200 | 0 | 0 |
| Thermo Fisher Scientific Inc. | COM | 883556102 |  | 25068 | 51000 | SH |  | SOLE |  | 51000 | 0 | 0 |
| Bank of America Corp. | COM | 060505104 |  | 24375 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| YPF S.A. | SPONSORED ADR | 984245100 |  | 23110 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| Pfizer Inc. | COM | 717081103 |  | 21060 | 750000 | SH |  | SOLE |  | 750000 | 0 | 0 |
| Baker Hughes Co. | CL A | 05722G100 |  | 20757 | 340000 | SH |  | SOLE |  | 340000 | 0 | 0 |
| Cloudflare Inc. | CL A | 18915M107 |  | 20634 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| Ollie's Bargain Outlet Holdings Inc. | COM | 681116109 |  | 19605 | 213000 | SH |  | SOLE |  | 213000 | 0 | 0 |
| The Walt Disney Co. | COM | 254687106 |  | 19315 | 200400 | SH |  | SOLE |  | 200400 | 0 | 0 |
| PepsiCo Inc. | COM | 713448108 |  | 18635 | 120000 | SH |  | SOLE |  | 120000 | 0 | 0 |
| CNH Industrial NV | CL A | N20944109 |  | 17820 | 1620000 | SH |  | SOLE |  | 1620000 | 0 | 0 |
| Alibaba Group Holding Limited | SPONSORED ADR | 01609W102 |  | 16937 | 135000 | SH |  | SOLE |  | 135000 | 0 | 0 |
| Shopify Inc | COM | 82509L107 |  | 16370 | 138000 | SH |  | SOLE |  | 138000 | 0 | 0 |
| Halliburton Co. | COM | 406216101 |  | 15596 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| MercadoLibre Inc. | COM | 58733R102 |  | 15561 | 9000 | SH |  | SOLE |  | 9000 | 0 | 0 |
| ASML Holding N.V. | SPONSORED ADR | N07059210 |  | 15322 | 11600 | SH |  | SOLE |  | 11600 | 0 | 0 |
| Apple Inc. | COM | 037833100 |  | 15227 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| Xylem Inc. | COM | 98419M100 |  | 14448 | 120900 | SH |  | SOLE |  | 120900 | 0 | 0 |
| Goldman Sachs Group Inc. | COM | 38141G104 |  | 13113 | 15500 | SH |  | SOLE |  | 15500 | 0 | 0 |
| Western Digital Corporation | COM | 958102105 |  | 12984 | 48000 | SH |  | SOLE |  | 48000 | 0 | 0 |
| The Hershey Co. | COM | 427866108 |  | 12889 | 62000 | SH |  | SOLE |  | 62000 | 0 | 0 |
| Birkenstock Holding plc | COM | M2029K104 |  | 12541 | 350000 | SH |  | SOLE |  | 350000 | 0 | 0 |
| AeroVironment Inc | COM | 008073108 |  | 12264 | 67000 | SH |  | SOLE |  | 67000 | 0 | 0 |
| Robinhood Markets Inc. | CL A | 770700102 |  | 12128 | 175000 | SH |  | SOLE |  | 175000 | 0 | 0 |
| Snowflake Inc. | CL A | 833445109 |  | 12066 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| Cisco Systems Inc. | COM | 17275R102 |  | 12026 | 155000 | SH |  | SOLE |  | 155000 | 0 | 0 |
| Honeywell International Inc. | COM | 438516106 |  | 11302 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| American Express Co. | COM | 025816109 |  | 11101 | 36700 | SH |  | SOLE |  | 36700 | 0 | 0 |
| KLA Corp | COM | 482480100 |  | 10601 | 7200 | SH |  | SOLE |  | 7200 | 0 | 0 |
| The Procter  Gamble Co. | COM | 742718109 |  | 10544 | 73000 | SH |  | SOLE |  | 73000 | 0 | 0 |
| JPMorgan Chase  Co. | COM | 46625H100 |  | 10296 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| Lam Research Corp. | COM | 512807108 |  | 10149 | 47500 | SH |  | SOLE |  | 47500 | 0 | 0 |
| TransDigm Group Inc. | COM | 893641100 |  | 9851 | 8500 | SH |  | SOLE |  | 8500 | 0 | 0 |
| Mongo DB Inc. | COM | 60937P106 |  | 9791 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| CrowdStrike Holdings Inc. | CL A | 22788C105 |  | 9760 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| XP Inc | CL A | G98239109 |  | 9520 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| MP Materials Corp. | COM | 553368101 |  | 8928 | 185000 | SH |  | SOLE |  | 185000 | 0 | 0 |
| Motorola Solutions Inc. | COM | 620076307 |  | 8679 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| Blackstone Inc. | COM | 09260D107 |  | 7877 | 68500 | SH |  | SOLE |  | 68500 | 0 | 0 |
| Centrus Energy Corp. | CL A | 15643U104 |  | 6944 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| Madrigal Pharmaceuticals Inc. | COM | 558868105 |  | 6918 | 13215 | SH |  | SOLE |  | 13215 | 0 | 0 |
| Teradyne Inc. | COM | 880770102 |  | 6819 | 23000 | SH |  | SOLE |  | 23000 | 0 | 0 |
| Solstice Advanced Materials Inc. | COM | 83443Q103 |  | 6664 | 87500 | SH |  | SOLE |  | 87500 | 0 | 0 |
| Inspire Medical Systems Inc. | COM | 457730109 |  | 6055 | 117400 | SH |  | SOLE |  | 117400 | 0 | 0 |
| Costco Wholesale Corp. | COM | 22160K105 |  | 5480 | 5500 | SH |  | SOLE |  | 5500 | 0 | 0 |
| Danaher Corp. | COM | 235851102 |  | 5214 | 27500 | SH |  | SOLE |  | 27500 | 0 | 0 |
| Synopsys Inc. | COM | 871607107 |  | 4758 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| General Electric Co. | COM | 369604301 |  | 4257 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| Dollar General Corp. | COM | 256677105 |  | 4156 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| Archer Aviation Inc. | COM | 03945R102 |  | 3619 | 700000 | SH |  | SOLE |  | 700000 | 0 | 0 |
| Capri Holdings Ltd. | COM | G1890L107 |  | 3524 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |

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