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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, Q2 2025

Institutional positions in RLX Technology Inc. as of Jun 30, 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
+3 vs. Q1 2025
Shares held
267.8M
+2.01M (+0.8%) vs. Q1 2025
Total value
$591.9M
+$92.2M (+18.4%) vs. Q1 2025
New holders
16
20 more added
Sold out
13
39 more reduced

3 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 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 heldQ2 2025: $591.9M
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, Q2 2025

Shares, value and share of portfolio for each institution holding RLX Technology Inc.; share changes are against Q1 2025.

Institutions holding RLX in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
First Beijing Investment Ltd62,864,424$138.9M7.77%+21,828,379+53.2%Added
IDG China Venture Capital Fund V Associates L.P.60,068,870$132.8M100.00%00.0%Unchanged
Vanguard Group Inc27,035,683$59.7M0.00%−899,915−3.2%Reduced
Wildcat Capital Management, LLC18,046,195$39.9M23.70%00.0%Unchanged
Aspex Management (HK) Ltd12,123,409$26.8M0.58%00.0%Unchanged
BlackRock, Inc.8,893,303$19.7M0.00%−553,924−5.9%Reduced
Goldman Sachs Group Inc8,479,968$18.7M0.00%+69,640+0.8%Added
Perseverance Asset Management International6,643,226$14.7M3.69%−2,102,768−24.0%Reduced
Barclays PLC6,155,466$13.6M0.01%−189,933−3.0%Reduced
Oasis Management Co Ltd.6,037,031$13.3M3.17%+314,366+5.5%Added
D. E. Shaw & Co., Inc.6,017,137$13.3M0.01%+1,567,208+35.2%Added
Orland Properties Ltd4,612,138$10.2M4.32%−1,000,000−17.8%Reduced
Jane Street Group, LLC4,286,183$9.47M0.02%+2,792,302+186.9%Added
Morgan Stanley4,111,174$9.09M0.00%−1,503,916−26.8%Reduced
Canada Pension Plan Investment Board3,804,284$8.41M0.01%+1,329,500+53.7%Added
State Street Corp3,477,238$7.68M0.00%−148,686−4.1%Reduced
Nomura Holdings Inc2,590,622$5.73M0.05%−2,964,681−53.4%Reduced
Citadel Advisors LLC2,359,964$5.22M0.00%−335,141−12.4%Reduced
Hosking Partners LLP2,025,895$4.48M0.18%−67,886−3.2%Reduced
Colony Group, LLC1,946,802$4.30M0.01%+1,946,802New
Connor, Clark & Lunn Investment Management Ltd.1,603,605$3.54M0.01%+212,753+15.3%Added
Marshall Wace, LLP1,133,093$2.50M0.00%+257,103+29.3%Added
Bank of America Corp1,131,096$2.50M0.00%−860,795−43.2%Reduced
Millennium Management LLC894,411$1.98M0.00%−2,086,760−70.0%Reduced
Renaissance Technologies LLC886,100$1.96M0.00%−2000.0%Reduced
Charles Schwab Investment Management Inc866,827$1.92M0.00%00.0%Unchanged
Polymer Capital Management (HK) LTD859,867$1.90M0.30%+859,867New
Legal & General Group Plc761,154$1.68M0.00%−14,769−1.9%Reduced
Northern Trust Corp679,951$1.50M0.00%−51,458−7.0%Reduced
UBS Asset Management Americas Inc624,467$1.38M0.00%−42,600−6.4%Reduced
Susquehanna International Group, LLP603,723$1.33M0.00%+593,480+5,794.0%Added
Assenagon Asset Management S.A.580,015$1.28M0.00%+580,015New
Invesco Ltd.555,756$1.23M0.00%−34,487−5.8%Reduced
UBS Group AG526,467$1.16M0.00%−700,535−57.1%Reduced
Franklin Resources Inc472,256$1.04M0.00%−20,001−4.1%Reduced
XTX Topco Ltd333,267$736.5K0.03%+235,844+242.1%Added
Public Employees Retirement System of Ohio323,016$713.9K0.00%+27,263+9.2%Added
Susquehanna Portfolio Strategies, LLC301,058$665.3K0.01%+301,058New
SG Americas Securities, LLC263,907$583.0K0.00%−4,483−1.7%Reduced
Simplex Trading, LLC238,373$526.0K0.01%+129,692+119.3%Added
Nuveen, LLC208,700$461.2K0.00%−108,800−34.3%Reduced
HSBC Holdings PLC201,947$446.3K0.00%+4,306+2.2%Added
Pictet Asset Management Holding SA198,067$437.7K0.00%−62,800−24.1%Reduced
Geode Capital Management, LLC183,824$406.3K0.00%−11,006−5.6%Reduced
Gsa Capital Partners LLP181,488$401.0K0.03%+181,488New
Russell Investments Group, Ltd.150,038$331.6K0.00%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey130,114$287.6K0.00%00.0%Unchanged
Alliancebernstein L.P.128,240$283.4K0.00%00.0%Unchanged
Squarepoint Ops LLC112,078$247.7K0.00%−91,887−45.1%Reduced
Quadrature Capital Ltd88,297$195.1K0.00%+61,459+229.0%Added
Creative Planning72,419$160.0K0.00%−4,759−6.2%Reduced
Cache Advisors, LLC71,777$158.6K0.04%00.0%Unchanged
Signaturefd, LLC58,136$128.5K0.00%−4,112−6.6%Reduced
Tower Research Capital LLC (TRC)54,064$119.5K0.00%+40,819+308.2%Added
Vident Advisory, LLC53,831$119.0K0.00%−3,098−5.4%Reduced
Quadrant Capital Group LLC50,078$110.7K0.00%−27,332−35.3%Reduced
Wetherby Asset Management Inc49,890$110.3K0.00%+49,890New
Pinpoint Asset Management (Singapore) Pte. Ltd.49,850$110.2K0.02%+49,850New
Y-Intercept (Hong Kong) Ltd44,757$98.9K0.00%+44,757New
Virtus ETF Advisers LLC43,796$96.8K0.06%+43,796New
West Family Investments, Inc.41,577$91.9K0.02%00.0%Unchanged
JustInvest LLC40,168$88.8K0.00%+17,060+73.8%Added
Profund Advisors LLC33,299$73.6K0.00%−4,722−12.4%Reduced
HRT Financial LP32,084$70.0K0.00%−41,563−56.4%Reduced
LMR Partners LLP29,358$64.9K0.00%00.0%Unchanged
Shell Asset Management Co28,411$63.0K0.00%00.0%Unchanged
Jain Global LLC22,900$50.6K0.00%+22,900New
Mirae Asset Global Investments Co., Ltd.22,087$48.8K0.00%+1,501+7.3%Added
Mariner, LLC21,770$48.1K0.00%−3,977−15.4%Reduced
Clear Street Markets LLC19,288$42.6K0.02%+11,768+156.5%Added
Two Sigma Advisers, LP18,100$40.0K0.00%−19,100−51.3%Reduced
Parallel Advisors, LLC17,193$38.0K0.00%−3,077−15.2%Reduced
Ridgewood Investments LLC16,000$35.4K0.02%00.0%Unchanged
Ballentine Partners, LLC14,745$32.6K0.00%00.0%Unchanged
US Bancorp13,823$30.5K0.00%−12,824−48.1%Reduced
Apollon Wealth Management, LLC13,000$28.7K0.00%00.0%Unchanged
Royal Bank of Canada12,197$27.0K0.00%+2,197+22.0%Added
Janney Montgomery Scott LLC10,000$22.0K0.00%00.0%Unchanged
MAI Capital Management9,379$20.7K0.00%+9,379New
Rhumbline Advisers9,185$20.3K0.00%00.0%Unchanged
JPMorgan Chase & Co7,225$16.0K0.00%−2,682,220−99.7%Reduced
Citigroup Inc5,870$13.0K0.00%+5,870New
SBI Securities Co., Ltd.4,786$10.6K0.00%−13−0.3%Reduced
Group One Trading, L.P.4,276$9.45K0.00%+4,276New
EverSource Wealth Advisors, LLC3,143$6.95K0.00%+3,143New
Allworth Financial LP3,057$6.76K0.00%00.0%Unchanged
Caitong International Asset Management Co., Ltd1,255$2.77K0.00%+1,149+1,084.0%Added
Headlands Technologies LLC1,225$2.71K0.00%−24,541−95.2%Reduced
GWM Advisors LLC1,000$2.21K0.00%00.0%Unchanged
FMR LLC732$1.62K0.00%−118−13.9%Reduced
Bryn Mawr Trust Co720$1.59K0.00%00.0%Unchanged
Sierra Ocean, LLC534$1.18K0.00%00.0%Unchanged
NewSquare Capital LLC150$3320.00%+150New
Assetmark, Inc147$3250.00%+147New
Ronald Blue Trust, Inc.122$2700.00%00.0%Unchanged
Optiver Holding B.V.1$20.00%−32,017−100.0%Reduced
Bright Valley Capital Ltd0$00.00%−9,605,371−100.0%Sold out
Man Group plc0$00.00%−1,625,373−100.0%Sold out
Two Sigma Investments, LP0$00.00%−1,132,917−100.0%Sold out
Point72 Hong Kong Ltd0$00.00%−916,939−100.0%Sold out