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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, Q3 2025

Institutional positions in RLX Technology Inc. as of Sep 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
91
−5 vs. Q2 2025
Shares held
252.2M
−15.6M (−5.8%) vs. Q2 2025
Total value
$663.4M
+$71.5M (+12.1%) vs. Q2 2025
New holders
12
28 more added
Sold out
17
34 more reduced

Compare with Q2 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 holdersQ3 2025: 91 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 heldQ3 2025: $663.4M
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, Q3 2025

Shares, value and share of portfolio for each institution holding RLX Technology Inc.; share changes are against Q2 2025.

Institutions holding RLX in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
First Beijing Investment Ltd62,864,424$165.3M6.38%00.0%Unchanged
IDG China Venture Capital Fund V Associates L.P.60,068,870$158.0M100.00%00.0%Unchanged
Vanguard Group Inc26,937,682$70.8M0.00%−98,001−0.4%Reduced
D. E. Shaw & Co., Inc.9,901,155$26.0M0.02%+3,884,018+64.5%Added
BlackRock, Inc.9,015,220$23.7M0.00%+121,917+1.4%Added
Aspex Management (HK) Ltd7,901,172$20.8M0.44%−4,222,237−34.8%Reduced
Perseverance Asset Management International7,465,567$19.6M3.37%+822,341+12.4%Added
Morgan Stanley6,892,228$18.1M0.00%+2,781,054+67.6%Added
Wildcat Capital Management, LLC6,418,183$16.9M11.64%−11,628,012−64.4%Reduced
Oasis Management Co Ltd.6,346,816$16.7M2.88%+309,785+5.1%Added
Jane Street Group, LLC6,285,559$16.5M0.02%+1,999,376+46.6%Added
Barclays PLC6,113,550$16.1M0.01%−41,916−0.7%Reduced
State Street Corp3,133,461$8.24M0.00%−343,777−9.9%Reduced
Mackenzie Financial Corp3,003,851$7.90M0.01%+3,003,851New
Citadel Advisors LLC2,494,695$6.56M0.01%+134,731+5.7%Added
Goldman Sachs Group Inc2,421,196$6.37M0.00%−6,058,772−71.4%Reduced
Connor, Clark & Lunn Investment Management Ltd.2,118,900$5.57M0.02%+515,295+32.1%Added
Marshall Wace, LLP2,067,228$5.44M0.01%+934,135+82.4%Added
Hosking Partners LLP1,973,049$5.19M0.19%−52,846−2.6%Reduced
Colony Group, LLC1,946,802$5.12M0.01%00.0%Unchanged
Mariner, LLC1,668,476$4.39M0.01%+1,646,706+7,564.1%Added
UBS Group AG1,123,901$2.96M0.00%+597,434+113.5%Added
Nomura Holdings Inc916,119$2.41M0.01%−1,674,503−64.6%Reduced
Arrowstreet Capital, Limited Partnership907,896$2.39M0.00%+907,896New
Renaissance Technologies LLC869,300$2.29M0.00%−16,800−1.9%Reduced
Assenagon Asset Management S.A.867,842$2.28M0.00%+287,827+49.6%Added
Charles Schwab Investment Management Inc866,827$2.28M0.00%00.0%Unchanged
JPMorgan Chase & Co808,589$2.13M0.00%+801,364+11,091.5%Added
Legal & General Group Plc751,912$1.98M0.00%−9,242−1.2%Reduced
Northern Trust Corp675,530$1.78M0.00%−4,421−0.7%Reduced
Susquehanna Portfolio Strategies, LLC599,544$1.58M0.03%+298,486+99.1%Added
Gsa Capital Partners LLP590,462$1.55M0.13%+408,974+225.3%Added
Invesco Ltd.548,194$1.44M0.00%−7,562−1.4%Reduced
Franklin Resources Inc482,778$1.27M0.00%+10,522+2.2%Added
Walleye Capital LLC477,226$1.26M0.01%+477,226New
National Bank of Canada400,000$1.05M0.00%+400,000New
Public Employees Retirement System of Ohio372,311$979.2K0.00%+49,295+15.3%Added
Two Sigma Advisers, LP362,000$952.1K0.00%+343,900+1,900.0%Added
Susquehanna International Group, LLP338,003$888.9K0.00%−265,720−44.0%Reduced
Simplex Trading, LLC310,210$815.0K0.02%+71,837+30.1%Added
UBS Asset Management Americas Inc225,200$592.3K0.00%−399,267−63.9%Reduced
Nuveen, LLC208,700$548.9K0.00%00.0%Unchanged
Pictet Asset Management Holding SA198,067$520.9K0.00%00.0%Unchanged
Geode Capital Management, LLC183,824$483.5K0.00%00.0%Unchanged
Millennium Management LLC179,557$472.2K0.00%−714,854−79.9%Reduced
XTX Topco Ltd154,727$406.9K0.02%−178,540−53.6%Reduced
Police & Firemen's Retirement System of New Jersey130,114$342.2K0.00%00.0%Unchanged
Two Sigma Investments, LP122,800$323.0K0.00%+122,800New
Russell Investments Group, Ltd.115,688$304.3K0.00%−34,350−22.9%Reduced
Prudential Financial Inc105,000$276.1K0.00%+105,000New
Polymer Capital Management (HK) LTD98,800$259.8K0.04%−761,067−88.5%Reduced
Bank of America Corp92,946$244.4K0.00%−1,038,150−91.8%Reduced
Vident Advisory, LLC91,450$240.5K0.00%+37,619+69.9%Added
Squarepoint Ops LLC89,342$235.0K0.00%−22,736−20.3%Reduced
Alliancebernstein L.P.87,503$230.1K0.00%−40,737−31.8%Reduced
Creative Planning73,137$192.3K0.00%+718+1.0%Added
Cache Advisors, LLC71,777$188.8K0.03%00.0%Unchanged
Numerai GP LLC70,457$185.3K0.03%+70,457New
Signaturefd, LLC58,003$152.5K0.00%−133−0.2%Reduced
Quadrant Capital Group LLC50,078$131.7K0.00%00.0%Unchanged
Wetherby Asset Management Inc49,455$130.1K0.01%−435−0.9%Reduced
Headlands Technologies LLC47,839$125.8K0.01%+46,614+3,805.2%Added
JustInvest LLC44,140$116.1K0.00%+3,972+9.9%Added
Virtus ETF Advisers LLC43,796$115.2K0.06%00.0%Unchanged
West Family Investments, Inc.41,577$109.3K0.02%00.0%Unchanged
Profund Advisors LLC40,305$106.0K0.00%+7,006+21.0%Added
HSBC Holdings PLC40,257$105.9K0.00%−161,690−80.1%Reduced
HRT Financial LP29,304$77.0K0.00%−2,780−8.7%Reduced
Brevan Howard Capital Management LP27,878$73.3K0.00%+27,878New
SG Americas Securities, LLC24,609$65.0K0.00%−239,298−90.7%Reduced
BNP Paribas Arbitrage, SA22,977$60.4K0.00%+22,977New
Mirae Asset Global Investments Co., Ltd.21,293$56.0K0.00%−794−3.6%Reduced
Parallel Advisors, LLC16,561$43.6K0.00%−632−3.7%Reduced
US Bancorp13,823$36.4K0.00%00.0%Unchanged
Rhumbline Advisers12,735$33.5K0.00%+3,550+38.6%Added
Ballentine Partners, LLC11,248$29.6K0.00%−3,497−23.7%Reduced
Shell Asset Management Co9,209$24.0K0.00%−19,202−67.6%Reduced
Caitong International Asset Management Co., Ltd5,985$15.7K0.01%+4,730+376.9%Added
Tower Research Capital LLC (TRC)5,945$15.6K0.00%−48,119−89.0%Reduced
Westside Investment Management, Inc.4,584$12.1K0.00%+4,584New
EverSource Wealth Advisors, LLC4,309$11.3K0.00%+1,166+37.1%Added
Allworth Financial LP3,057$8.04K0.00%00.0%Unchanged
Royal Bank of Canada2,209$6.00K0.00%−9,988−81.9%Reduced
SBI Securities Co., Ltd.1,461$3.84K0.00%−3,325−69.5%Reduced
GWM Advisors LLC1,000$2.63K0.00%00.0%Unchanged
Assetmark, Inc933$2.45K0.00%+786+534.7%Added
FMR LLC639$1.68K0.00%−93−12.7%Reduced
Advisor Group Holdings, Inc.150$3950.00%+150New
Ronald Blue Trust, Inc.122$3210.00%00.0%Unchanged
Optiver Holding B.V.1$30.00%00.0%Unchanged
Bessemer Group Inc163$00.00%+163New
Orland Properties Ltd0$00.00%−4,612,138−100.0%Sold out
Canada Pension Plan Investment Board0$00.00%−3,804,284−100.0%Sold out
Quadrature Capital Ltd0$00.00%−88,297−100.0%Sold out
Pinpoint Asset Management (Singapore) Pte. Ltd.0$00.00%−49,850−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−44,757−100.0%Sold out
LMR Partners LLP0$00.00%−29,358−100.0%Sold out
Jain Global LLC0$00.00%−22,900−100.0%Sold out
Clear Street Markets LLC0$00.00%−19,288−100.0%Sold out
Ridgewood Investments LLC0$00.00%−16,000−100.0%Sold out