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RLX Technology Inc.

RLX
Exchange
NYSE
Industry
Cigarettes
SEC CIK
0001828365

No open-market purchases or sales by RLX Technology Inc. insiders were filed in the last 90 days; 104 institutions reported holding it in 13F filings for Q2 2026, worth $503.4M in total; no superinvestor holds it.

13F holders, Q1 2025

Institutional positions in RLX Technology Inc. as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
96
−7 vs. Q4 2024
Shares held
267.9M
+6.56M (+2.5%) vs. Q4 2024
Total value
$503.7M
−$60.8M (−10.8%) vs. Q4 2024
New holders
9
31 more added
Sold out
16
37 more reduced

2 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting RLX on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 96 institutions
Q1 2021: 111 institutionsQ2 2021: 97 institutionsQ3 2021: 100 institutionsQ4 2021: 119 institutionsQ1 2022: 113 institutionsQ2 2022: 113 institutionsQ3 2022: 111 institutionsQ4 2022: 111 institutionsQ1 2023: 102 institutionsQ2 2023: 101 institutionsQ3 2023: 93 institutionsQ4 2023: 94 institutionsQ1 2024: 87 institutionsQ2 2024: 94 institutionsQ3 2024: 103 institutionsQ4 2024: 105 institutionsQ1 2025: 96 institutionsQ2 2025: 96 institutionsQ3 2025: 91 institutionsQ4 2025: 98 institutionsQ1 2026: 103 institutionsQ2 2026: 104 institutions
Value heldQ1 2025: $503.7M
Q1 2021: $790.7MQ2 2021: $718.2MQ3 2021: $960.5MQ4 2021: $1.08BQ1 2022: $519.6MQ2 2022: $593.6MQ3 2022: $279.8MQ4 2022: $656.6MQ1 2023: $933.3MQ2 2023: $630.5MQ3 2023: $511.4MQ4 2023: $626.8MQ1 2024: $553.7MQ2 2024: $516.4MQ3 2024: $486.7MQ4 2024: $565.2MQ1 2025: $503.7MQ2 2025: $591.9MQ3 2025: $663.4MQ4 2025: $574.8MQ1 2026: $557.6MQ2 2026: $503.4M
Institutions holding RLX and their total value by quarter
QuarterHoldersValue
Q2 2026104$503.4M
Q1 2026103$557.6M
Q4 202598$574.8M
Q3 202591$663.4M
Q2 202596$591.9M
Q1 202596$503.7M
Q4 2024105$565.2M
Q3 2024103$486.7M
Q2 202494$516.4M
Q1 202487$553.7M
Q4 202394$626.8M
Q3 202393$511.4M
Q2 2023101$630.5M
Q1 2023102$933.3M
Q4 2022111$656.6M
Q3 2022111$279.8M
Q2 2022113$593.6M
Q1 2022113$519.6M
Q4 2021119$1.08B
Q3 2021100$960.5M
Q2 202197$718.2M
Q1 2021111$790.7M

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding RLX Technology Inc.; share changes are against Q4 2024.

Institutions holding RLX in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
IDG China Venture Capital Fund V Associates L.P.60,068,870$112.9M100.00%00.0%Unchanged
First Beijing Investment Ltd41,036,045$77.1M5.30%+17,661,160+75.6%Added
Vanguard Group Inc27,935,598$52.5M0.00%+156,350+0.6%Added
Wildcat Capital Management, LLC18,046,195$33.9M18.11%00.0%Unchanged
Aspex Management (HK) Ltd12,123,409$22.8M0.59%00.0%Unchanged
Bright Valley Capital Ltd9,605,371$18.1M6.07%+671,639+7.5%Added
BlackRock, Inc.9,447,227$17.8M0.00%−672,741−6.6%Reduced
Perseverance Asset Management International8,745,994$16.4M2.15%−2,756,790−24.0%Reduced
Goldman Sachs Group Inc8,410,328$15.8M0.00%−8,251,628−49.5%Reduced
Barclays PLC6,345,399$11.9M0.01%+658,966+11.6%Added
Oasis Management Co Ltd.5,722,665$10.8M3.62%+130,000+2.3%Added
Morgan Stanley5,615,090$10.6M0.00%+985,516+21.3%Added
Orland Properties Ltd5,612,138$10.6M12.73%00.0%Unchanged
Nomura Holdings Inc5,555,303$10.4M0.06%+1,954,316+54.3%Added
D. E. Shaw & Co., Inc.4,449,929$8.37M0.01%+2,347,483+111.7%Added
State Street Corp3,625,924$6.82M0.00%−1,656,358−31.4%Reduced
Millennium Management LLC2,981,171$5.60M0.01%−478,789−13.8%Reduced
Citadel Advisors LLC2,695,105$5.07M0.00%−3,137,610−53.8%Reduced
JPMorgan Chase & Co2,689,445$5.06M0.00%−2,767,109−50.7%Reduced
Canada Pension Plan Investment Board2,474,784$4.65M0.00%+2,474,779+49,495,580.0%Added
Hosking Partners LLP2,093,781$3.94M0.17%+1,112,248+113.3%Added
Vista Wealth Management Group, LLC2,061,263$3.88M0.25%00.0%Unchanged
Bank of America Corp1,991,891$3.74M0.00%+1,824,942+1,093.1%Added
Man Group plc1,625,373$3.06M0.01%−1,540,265−48.7%Reduced
Jane Street Group, LLC1,493,881$2.81M0.01%+846,523+130.8%Added
Connor, Clark & Lunn Investment Management Ltd.1,390,852$2.61M0.01%+589,748+73.6%Added
UBS Group AG1,227,002$2.31M0.00%−594,126−32.6%Reduced
Two Sigma Investments, LP1,132,917$2.13M0.00%−26,000−2.2%Reduced
Point72 Hong Kong Ltd916,939$1.72M0.12%−546,153−37.3%Reduced
Renaissance Technologies LLC886,300$1.67M0.00%−2,500−0.3%Reduced
Marshall Wace, LLP875,990$1.65M0.00%+608,384+227.3%Added
Charles Schwab Investment Management Inc866,827$1.63M0.00%+82,413+10.5%Added
Legal & General Group Plc775,923$1.46M0.00%−34,909−4.3%Reduced
Northern Trust Corp731,409$1.38M0.00%−131,090−15.2%Reduced
UBS Asset Management Americas Inc667,067$1.25M0.00%−1,639−0.2%Reduced
Invesco Ltd.590,243$1.11M0.00%+12,834+2.2%Added
Point72 Asset Management, L.P.560,022$1.05M0.00%−1,047,878−65.2%Reduced
Franklin Resources Inc492,257$925.4K0.00%+175,647+55.5%Added
AQR Capital Management LLC374,078$703.3K0.00%+2,870+0.8%Added
Susquehanna Fundamental Investments, LLC363,003$682.4K0.01%+363,003New
Nuveen, LLC317,500$596.9K0.00%+317,500New
Public Employees Retirement System of Ohio295,753$556.0K0.00%+102,364+52.9%Added
SG Americas Securities, LLC268,390$505.0K0.00%−34,825−11.5%Reduced
Pictet Asset Management Holding SA260,867$490.4K0.00%+17,400+7.1%Added
Squarepoint Ops LLC203,965$383.5K0.00%+162,241+388.8%Added
HSBC Holdings PLC197,641$371.6K0.00%−1,191−0.6%Reduced
Geode Capital Management, LLC194,830$366.3K0.00%−19,014−8.9%Reduced
Russell Investments Group, Ltd.150,038$282.1K0.00%+80,821+116.8%Added
Barometer Capital Management Inc.139,800$262.8K0.10%−72,000−34.0%Reduced
Police & Firemen's Retirement System of New Jersey130,114$244.6K0.00%+12,767+10.9%Added
Alliancebernstein L.P.128,240$241.1K0.00%00.0%Unchanged
Simplex Trading, LLC108,681$204.0K0.01%+108,681New
XTX Topco Ltd97,423$183.2K0.01%−130,936−57.3%Reduced
Engineers Gate Manager LP94,247$177.2K0.00%+3,158+3.5%Added
Quadrant Capital Group LLC77,410$145.5K0.01%−1,621−2.1%Reduced
Creative Planning77,178$145.1K0.00%−2,108−2.7%Reduced
HRT Financial LP73,647$138.0K0.00%+73,647New
Cache Advisors, LLC71,777$134.9K0.05%00.0%Unchanged
Signaturefd, LLC62,248$117.0K0.00%−981−1.6%Reduced
Vident Advisory, LLC56,929$107.0K0.00%−919−1.6%Reduced
Pinpoint Asset Management Ltd49,850$93.7K0.02%−128,113−72.0%Reduced
West Family Investments, Inc.41,577$78.2K0.03%00.0%Unchanged
Profund Advisors LLC38,021$71.5K0.00%+2,533+7.1%Added
Two Sigma Advisers, LP37,200$69.9K0.00%−18,700−33.5%Reduced
Optiver Holding B.V.32,018$60.2K0.00%+32,018New
Point72 Asia (Singapore) Pte. Ltd.30,791$57.9K0.02%−24,266−44.1%Reduced
LMR Partners LLP29,358$55.2K0.00%00.0%Unchanged
Shell Asset Management Co28,411$53.0K0.00%−5,151−15.3%Reduced
Quadrature Capital Ltd26,838$50.6K0.00%+26,838New
US Bancorp26,647$50.1K0.00%00.0%Unchanged
Headlands Technologies LLC25,766$48.4K0.01%+20,732+411.8%Added
Mariner, LLC25,747$48.4K0.00%−1,646,093−98.5%Reduced
Ground Swell Capital, LLC24,788$46.6K0.11%+24,788New
JustInvest LLC23,108$43.4K0.00%+917+4.1%Added
Mirae Asset Global Investments Co., Ltd.20,586$39.3K0.00%+1,245+6.4%Added
Parallel Advisors, LLC20,270$38.1K0.00%+752+3.9%Added
Ridgewood Investments LLC16,000$30.1K0.01%00.0%Unchanged
Ballentine Partners, LLC14,745$27.7K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)13,245$24.9K0.00%+13,245New
Apollon Wealth Management, LLC13,000$24.4K0.00%00.0%Unchanged
Susquehanna International Group, LLP10,243$19.3K0.00%−311,524−96.8%Reduced
Royal Bank of Canada10,000$19.0K0.00%−17,325−63.4%Reduced
Janney Montgomery Scott LLC10,000$19.0K0.00%−4,410−30.6%Reduced
Rhumbline Advisers9,185$17.3K0.00%−1,695−15.6%Reduced
Clear Street Markets LLC7,520$14.1K0.01%+5,120+213.3%Added
SBI Securities Co., Ltd.4,799$9.02K0.00%+122+2.6%Added
Lindbrook Capital, LLC3,149$5.92K0.00%−730−18.8%Reduced
Allworth Financial LP3,057$5.53K0.00%00.0%Unchanged
Boston Private Wealth LLC2,227$4.19K0.00%+2,227New
GWM Advisors LLC1,000$1.88K0.00%00.0%Unchanged
FMR LLC850$1.60K0.00%00.0%Unchanged
Bryn Mawr Trust Co720$1.35K0.00%00.0%Unchanged
Sierra Ocean, LLC534$1.00K0.00%00.0%Unchanged
Point72 (DIFC) Ltd380$7140.00%−8,420−95.7%Reduced
Ronald Blue Trust, Inc.122$2290.00%00.0%Unchanged
Caitong International Asset Management Co., Ltd106$1990.00%−835−88.7%Reduced
FIL Ltd0$00.00%−458,319−100.0%Sold out
Cubist Systematic Strategies, LLC0$00.00%−210,556−100.0%Sold out
Virtu Financial LLC0$00.00%−129,401−100.0%Sold out
Quantbot Technologies LP0$00.00%−56,905−100.0%Sold out