# EDGAR Filing Document

**Accession Number:** 0001735445
**File Stem:** 0001099910-26-000042
**Filing Date:** 2026-1
**Character Count:** 10053
**Document Hash:** d733e128f7384a5edbf955e0728977bb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099910-26-000042.hdr.sgml**: 20260121

**ACCESSION NUMBER**: 0001099910-26-000042

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260121

**DATE AS OF CHANGE**: 20260121

**EFFECTIVENESS DATE**: 20260121

**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:** 26545498

**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:** 12-31-2025

**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  01-21-2026<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:** 67

**Form 13F Information Table Value Total:** $1560110

      (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 |
| Meta Platforms Inc. | CL A | 30303M102 |  | 140929 | 213500 | SH |  | SOLE |  | 213500 | 0 | 0 |
| Ferrari NV | COM | N3167Y103 |  | 85073 | 230200 | SH |  | SOLE |  | 230200 | 0 | 0 |
| Applied Materials Inc. | COM | 038222105 |  | 61678 | 240000 | SH |  | SOLE |  | 240000 | 0 | 0 |
| D.R. Horton Inc. | COM | 23331A109 |  | 59052 | 410000 | SH |  | SOLE |  | 410000 | 0 | 0 |
| Caterpillar Inc. | COM | 149123101 |  | 55568 | 97000 | SH |  | SOLE |  | 97000 | 0 | 0 |
| NVIDIA Corp. | COM | 67066G104 |  | 52462 | 281300 | SH |  | SOLE |  | 281300 | 0 | 0 |
| Joby Aviation Inc | COM | G65163100 |  | 46794 | 3545000 | SH |  | SOLE |  | 3545000 | 0 | 0 |
| Baidu Inc. | SPONSORED ADR | 056752108 |  | 45992 | 352000 | SH |  | SOLE |  | 352000 | 0 | 0 |
| The Boeing Co. | COM | 097023105 |  | 45899 | 211400 | SH |  | SOLE |  | 211400 | 0 | 0 |
| Alphabet Inc. | CL C | 02079K107 |  | 42363 | 135000 | SH |  | SOLE |  | 135000 | 0 | 0 |
| Microsoft Corp. | COM | 594918104 |  | 41253 | 85300 | SH |  | SOLE |  | 85300 | 0 | 0 |
| Tesla Inc. | COM | 88160R101 |  | 38226 | 85000 | SH |  | SOLE |  | 85000 | 0 | 0 |
| Broadcom Inc. | COM | 11135F101 |  | 37206 | 107500 | SH |  | SOLE |  | 107500 | 0 | 0 |
| Uber Technologies Inc. | COM | 90353T100 |  | 36770 | 450000 | SH |  | SOLE |  | 450000 | 0 | 0 |
| Apple Inc. | COM | 037833100 |  | 36565 | 134500 | SH |  | SOLE |  | 134500 | 0 | 0 |
| AeroVironment Inc. | COM | 008073108 |  | 33865 | 140000 | SH |  | SOLE |  | 140000 | 0 | 0 |
| Thermo Fisher Scientific Inc. | COM | 883556102 |  | 29552 | 51000 | SH |  | SOLE |  | 51000 | 0 | 0 |
| Snowflake Inc. | CL A | 833445109 |  | 28736 | 131000 | SH |  | SOLE |  | 131000 | 0 | 0 |
| Amazon.com Inc. | COM | 023135106 |  | 28345 | 122800 | SH |  | SOLE |  | 122800 | 0 | 0 |
| Nutanix Inc. | CL A | 67059N108 |  | 24294 | 470000 | SH |  | SOLE |  | 470000 | 0 | 0 |
| Ollie's Bargain Outlet Holdings Inc. | COM | 681116109 |  | 23347 | 213000 | SH |  | SOLE |  | 213000 | 0 | 0 |
| The Walt Disney Co. | COM | 254687106 |  | 22800 | 200400 | SH |  | SOLE |  | 200400 | 0 | 0 |
| The Hershey Co. | COM | 427866108 |  | 22566 | 124000 | SH |  | SOLE |  | 124000 | 0 | 0 |
| Western Digital Corporation | COM | 958102105 |  | 22395 | 130000 | SH |  | SOLE |  | 130000 | 0 | 0 |
| Shopify Inc. | CL A | 82509L107 |  | 22214 | 138000 | SH |  | SOLE |  | 138000 | 0 | 0 |
| Lockheed Martin Corp. | COM | 539830109 |  | 20895 | 43200 | SH |  | SOLE |  | 43200 | 0 | 0 |
| Robinhood Markets Inc. | CL A | 770700102 |  | 19793 | 175000 | SH |  | SOLE |  | 175000 | 0 | 0 |
| ARM Holdings PLC | COM | 042068205 |  | 19632 | 179600 | SH |  | SOLE |  | 179600 | 0 | 0 |
| Seagate Technology Holdings Public L imited Co. | COM | G7997R103 |  | 19277 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| Advanced Micro Devices Inc. | COM | 007903107 |  | 18846 | 88000 | SH |  | SOLE |  | 88000 | 0 | 0 |
| Pfizer Inc. | COM | US7170811 |  | 18675 | 750000 | SH |  | SOLE |  | 750000 | 0 | 0 |
| MercadoLibre Inc. | COM | 58733R102 |  | 18128 | 9000 | SH |  | SOLE |  | 9000 | 0 | 0 |
| Zscaler Inc. | COM | 98980G102 |  | 17769 | 79000 | SH |  | SOLE |  | 79000 | 0 | 0 |
| Lam Research Corp. | COM | 512807108 |  | 17032 | 99500 | SH |  | SOLE |  | 99500 | 0 | 0 |
| KLA Corp. | COM | 482480100 |  | 17011 | 14000 | SH |  | SOLE |  | 14000 | 0 | 0 |
| Xylem Inc. | COM | 98419M100 |  | 16464 | 120900 | SH |  | SOLE |  | 120900 | 0 | 0 |
| Madrigal Pharmaceuticals Inc. | COM | 558868105 |  | 15266 | 26215 | SH |  | SOLE |  | 26215 | 0 | 0 |
| CNH Industrial NV | CL A | N20944109 |  | 14936 | 1620000 | SH |  | SOLE |  | 1620000 | 0 | 0 |
| Goldman Sachs Group Inc. | COM | 38141G104 |  | 13625 | 15500 | SH |  | SOLE |  | 15500 | 0 | 0 |
| American Express Co. | COM | 025816109 |  | 13577 | 36700 | SH |  | SOLE |  | 36700 | 0 | 0 |
| Baker Hughes Co. | CL A | 05722G100 |  | 13207 | 290000 | SH |  | SOLE |  | 290000 | 0 | 0 |
| Teradyne Inc. | COM | 880770102 |  | 12194 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| Cisco Systems Inc. | COM | 17275R102 |  | 11940 | 155000 | SH |  | SOLE |  | 155000 | 0 | 0 |
| CrowdStrike Holdings Inc. | CL A | 22788C105 |  | 11719 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| TransDigm Group Inc. | COM | 893641100 |  | 11304 | 8500 | SH |  | SOLE |  | 8500 | 0 | 0 |
| JPMorgan Chase  Co. | COM | US46625H1 |  | 11278 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| Inspire Medical Systems Inc. | COM | 457730109 |  | 10828 | 117400 | SH |  | SOLE |  | 117400 | 0 | 0 |
| Blackstone Inc. | COM | 09260D107 |  | 10559 | 68500 | SH |  | SOLE |  | 68500 | 0 | 0 |
| Honeywell International Inc. | COM | US4385161 |  | 9755 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| Oracle Corp. | COM | 68389X105 |  | 9746 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| Centrus Energy Corp. | CL A | US15643U1 |  | 9710 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| MP Materials Corp. | COM | 553368101 |  | 9346 | 185000 | SH |  | SOLE |  | 185000 | 0 | 0 |
| Intel Corp. | COM | 458140100 |  | 9225 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| Alibaba Group Holding Limited | SPONSORED ADR | 01609W102 |  | 8795 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| XP Inc. | CL A | G98239109 |  | 8185 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| Netflix Inc. | COM | 64110L106 |  | 7032 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| Cerence Inc. | COM | 156727109 |  | 6414 | 600000 | SH |  | SOLE |  | 600000 | 0 | 0 |
| Danaher Corp. | COM | 235851102 |  | 6295 | 27500 | SH |  | SOLE |  | 27500 | 0 | 0 |
| Birkenstock Holding PLC | COM | JE00BS44B |  | 6135 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| Synopsys Inc. | COM | 871607107 |  | 5637 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| Accenture plc. | CL A | G1151C101 |  | 5366 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| General Electric Co. | COM | 369604301 |  | 4620 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| ASML Holding N.V. | SPONSORED ADR | N07059210 |  | 4386 | 4100 | SH |  | SOLE |  | 4100 | 0 | 0 |
| Solstice Advanced Materials Inc. | COM | US83443Q1 |  | 4251 | 87500 | SH |  | SOLE |  | 87500 | 0 | 0 |
| Applovin Corp. | CL A | 03831W108 |  | 3369 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| Capri Holdings Limited | COM | VGG1890L1 |  | 2440 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| Archer Aviation Inc. | CL A | US03945R1 |  | 1504 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |

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