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, Q4 2025
Institutional positions in RLX Technology Inc. as of Dec 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
- 98
- +9 vs. Q3 2025
- Shares held
- 246.8M
- −5.40M (−2.1%) vs. Q3 2025
- Total value
- $574.8M
- −$88.4M (−13.3%) vs. Q3 2025
- New holders
- 18
- 34 more added
- Sold out
- 9
- 26 more reduced
2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 104 | $503.4M |
| Q1 2026 | 103 | $557.6M |
| Q4 2025 | 98 | $574.8M |
| Q3 2025 | 91 | $663.4M |
| Q2 2025 | 96 | $591.9M |
| Q1 2025 | 96 | $503.7M |
| Q4 2024 | 105 | $565.2M |
| Q3 2024 | 103 | $486.7M |
| Q2 2024 | 94 | $516.4M |
| Q1 2024 | 87 | $553.7M |
| Q4 2023 | 94 | $626.8M |
| Q3 2023 | 93 | $511.4M |
| Q2 2023 | 101 | $630.5M |
| Q1 2023 | 102 | $933.3M |
| Q4 2022 | 111 | $656.6M |
| Q3 2022 | 111 | $279.8M |
| Q2 2022 | 113 | $593.6M |
| Q1 2022 | 113 | $519.6M |
| Q4 2021 | 119 | $1.08B |
| Q3 2021 | 100 | $960.5M |
| Q2 2021 | 97 | $718.2M |
| Q1 2021 | 111 | $790.7M |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding RLX Technology Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| First Beijing Investment Ltd | 62,864,424 | $146.5M | 5.78% | 00.0% | Unchanged |
| IDG China Venture Capital Fund V Associates L.P. | 59,332,622 | $138.2M | 100.00% | −736,248−1.2% | Reduced |
| Vanguard Group Inc | 27,144,029 | $63.2M | 0.00% | +206,347+0.8% | Added |
| D. E. Shaw & Co., Inc. | 9,434,123 | $22.0M | 0.02% | −467,032−4.7% | Reduced |
| BlackRock, Inc. | 8,996,110 | $21.0M | 0.00% | −19,110−0.2% | Reduced |
| Aspex Management (HK) Ltd | 7,901,172 | $18.4M | 0.37% | 00.0% | Unchanged |
| Perseverance Asset Management International | 7,790,928 | $18.2M | 2.66% | +325,361+4.4% | Added |
| Oasis Management Co Ltd. | 6,497,600 | $15.1M | 1.98% | +150,784+2.4% | Added |
| Morgan Stanley | 6,250,492 | $14.6M | 0.00% | −641,736−9.3% | Reduced |
| Barclays PLC | 6,049,750 | $14.1M | 0.01% | −63,800−1.0% | Reduced |
| Nomura Holdings Inc | 4,651,811 | $10.8M | 0.03% | +3,735,692+407.8% | Added |
| Mackenzie Financial Corp | 4,218,617 | $9.64M | 0.01% | +1,214,766+40.4% | Added |
| State Street Corp | 3,275,082 | $7.63M | 0.00% | +141,621+4.5% | Added |
| Jane Street Group, LLC | 2,347,582 | $5.47M | 0.01% | −3,937,977−62.7% | Reduced |
| Goldman Sachs Group Inc | 2,329,229 | $5.43M | 0.00% | −91,967−3.8% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 2,065,820 | $4.81M | 0.01% | −53,080−2.5% | Reduced |
| Hosking Partners LLP | 1,955,552 | $4.56M | 0.15% | −17,497−0.9% | Reduced |
| Colony Group, LLC | 1,947,612 | $4.54M | 0.01% | +8100.0% | Added |
| UBS Group AG | 1,794,749 | $4.18M | 0.00% | +670,848+59.7% | Added |
| Mariner, LLC | 1,671,582 | $3.89M | 0.00% | +3,106+0.2% | Added |
| Capitolis Liquid Global Markets LLC | 1,510,200 | $3.52M | 0.02% | +1,510,200 | New |
| Citadel Advisors LLC | 1,416,671 | $3.30M | 0.00% | −1,078,024−43.2% | Reduced |
| Bank of America Corp | 1,149,880 | $2.68M | 0.00% | +1,056,934+1,137.1% | Added |
| JPMorgan Chase & Co | 1,047,837 | $2.44M | 0.00% | +239,248+29.6% | Added |
| Legal & General Group Plc | 882,982 | $2.06M | 0.00% | +131,070+17.4% | Added |
| Arrowstreet Capital, Limited Partnership | 872,907 | $2.03M | 0.00% | −34,989−3.9% | Reduced |
| Charles Schwab Investment Management Inc | 868,097 | $2.02M | 0.00% | +1,270+0.1% | Added |
| Assenagon Asset Management S.A. | 833,551 | $1.94M | 0.00% | −34,291−4.0% | Reduced |
| Northern Trust Corp | 677,795 | $1.58M | 0.00% | +2,265+0.3% | Added |
| Walleye Capital LLC | 607,936 | $1.42M | 0.01% | +130,710+27.4% | Added |
| Marshall Wace, LLP | 593,869 | $1.38M | 0.00% | −1,473,359−71.3% | Reduced |
| Invesco Ltd. | 522,227 | $1.22M | 0.00% | −25,967−4.7% | Reduced |
| Franklin Resources Inc | 510,695 | $1.19M | 0.00% | +27,917+5.8% | Added |
| Susquehanna Portfolio Strategies, LLC | 486,884 | $1.13M | 0.02% | −112,660−18.8% | Reduced |
| Two Sigma Investments, LP | 478,800 | $1.12M | 0.00% | +356,000+289.9% | Added |
| Gsa Capital Partners LLP | 469,254 | $1.09M | 0.09% | −121,208−20.5% | Reduced |
| Two Sigma Advisers, LP | 396,200 | $923.1K | 0.00% | +34,200+9.4% | Added |
| XTX Topco Ltd | 390,880 | $910.8K | 0.02% | +236,153+152.6% | Added |
| BNP Paribas Arbitrage, SA | 388,300 | $904.7K | 0.00% | +365,323+1,590.0% | Added |
| Public Employees Retirement System of Ohio | 380,820 | $887.3K | 0.00% | +8,509+2.3% | Added |
| Simplex Trading, LLC | 333,276 | $776.5K | 0.02% | +23,066+7.4% | Added |
| Susquehanna International Group, LLP | 327,586 | $763.3K | 0.00% | −10,417−3.1% | Reduced |
| Bank of New York Mellon Corp | 290,590 | $677.1K | 0.00% | +290,590 | New |
| Pictet Asset Management Holding SA | 231,967 | $540.5K | 0.00% | +33,900+17.1% | Added |
| Nuveen, LLC | 208,700 | $486.3K | 0.00% | 00.0% | Unchanged |
| Millennium Management LLC | 207,609 | $483.7K | 0.00% | +28,052+15.6% | Added |
| Geode Capital Management, LLC | 187,612 | $437.1K | 0.00% | +3,788+2.1% | Added |
| Squarepoint Ops LLC | 167,461 | $390.2K | 0.00% | +78,119+87.4% | Added |
| Jupiter Asset Management Ltd | 148,508 | $346.0K | 0.00% | +148,508 | New |
| HRT Financial LP | 132,011 | $307.0K | 0.00% | +102,707+350.5% | Added |
| Russell Investments Group, Ltd. | 115,688 | $269.6K | 0.00% | 00.0% | Unchanged |
| Acadian Asset Management LLC | 106,912 | $248.0K | 0.00% | +106,912 | New |
| Polymer Capital Management (HK) LTD | 98,800 | $230.2K | 0.04% | 00.0% | Unchanged |
| WT Asset Management Ltd | 97,696 | $227.6K | 0.01% | +97,696 | New |
| Vident Advisory, LLC | 92,578 | $215.7K | 0.00% | +1,128+1.2% | Added |
| Police & Firemen's Retirement System of New Jersey | 91,114 | $212.3K | 0.00% | −39,000−30.0% | Reduced |
| Alliancebernstein L.P. | 87,503 | $203.9K | 0.00% | 00.0% | Unchanged |
| Empowered Funds, LLC | 71,851 | $167.4K | 0.00% | +71,851 | New |
| Cornerstone Investment Partners, LLC | 67,909 | $158.2K | 0.01% | +67,909 | New |
| Creative Planning | 67,835 | $158.1K | 0.00% | −5,302−7.2% | Reduced |
| Numerai GP LLC | 59,565 | $138.8K | 0.02% | −10,892−15.5% | Reduced |
| Signaturefd, LLC | 58,003 | $135.1K | 0.00% | 00.0% | Unchanged |
| Quadrant Capital Group LLC | 50,078 | $116.7K | 0.00% | 00.0% | Unchanged |
| JustInvest LLC | 45,016 | $104.9K | 0.00% | +876+2.0% | Added |
| Virtus ETF Advisers LLC | 43,796 | $102.0K | 0.05% | 00.0% | Unchanged |
| West Family Investments, Inc. | 41,577 | $96.9K | 0.02% | 00.0% | Unchanged |
| HSBC Holdings PLC | 40,257 | $93.8K | 0.00% | 00.0% | Unchanged |
| PCM Encore, LLC | 32,750 | $76.3K | 0.02% | +32,750 | New |
| Profund Advisors LLC | 32,342 | $75.4K | 0.00% | −7,963−19.8% | Reduced |
| Centiva Capital, LP | 21,691 | $50.5K | 0.00% | +21,691 | New |
| Mirae Asset Global Investments Co., Ltd. | 21,458 | $50.0K | 0.00% | +165+0.8% | Added |
| Blueshift Asset Management, LLC | 19,292 | $45.0K | 0.01% | +19,292 | New |
| Tower Research Capital LLC (TRC) | 19,150 | $44.6K | 0.00% | +13,205+222.1% | Added |
| SmartHarvest Portfolios, LLC | 17,158 | $40.0K | 0.01% | +17,158 | New |
| Parallel Advisors, LLC | 16,561 | $38.6K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 13,823 | $32.2K | 0.00% | 00.0% | Unchanged |
| Axq Capital, LP | 12,941 | $30.2K | 0.01% | +12,941 | New |
| Headlands Technologies LLC | 12,685 | $29.6K | 0.00% | −35,154−73.5% | Reduced |
| Insigneo Advisory Services, LLC | 12,498 | $29.1K | 0.00% | +12,498 | New |
| Ballentine Partners, LLC | 11,248 | $26.2K | 0.00% | 00.0% | Unchanged |
| Schonfeld Strategic Advisors LLC | 11,163 | $26.0K | 0.00% | +11,163 | New |
| Rhumbline Advisers | 11,023 | $25.7K | 0.00% | −1,712−13.4% | Reduced |
| SRS Capital Advisors, Inc. | 6,452 | $15.0K | 0.00% | +6,452 | New |
| Royal Bank of Canada | 5,901 | $14.0K | 0.00% | +3,692+167.1% | Added |
| EverSource Wealth Advisors, LLC | 5,588 | $13.0K | 0.00% | +1,279+29.7% | Added |
| Caitong International Asset Management Co., Ltd | 4,669 | $10.9K | 0.00% | −1,316−22.0% | Reduced |
| Westside Investment Management, Inc. | 4,584 | $10.6K | 0.00% | 00.0% | Unchanged |
| DV Equities, LLC | 3,400 | $7.92K | 0.00% | +3,400 | New |
| Allworth Financial LP | 3,057 | $7.12K | 0.00% | 00.0% | Unchanged |
| UBS Asset Management Americas Inc | 1,639 | $3.82K | 0.00% | −223,561−99.3% | Reduced |
| SBI Securities Co., Ltd. | 1,480 | $3.45K | 0.00% | +19+1.3% | Added |
| GWM Advisors LLC | 1,000 | $2.33K | 0.00% | 00.0% | Unchanged |
| FMR LLC | 639 | $1.49K | 0.00% | 00.0% | Unchanged |
| Assetmark, Inc | 628 | $1.46K | 0.00% | −305−32.7% | Reduced |
| Newbridge Financial Services Group, Inc. | 200 | $466 | 0.00% | +200 | New |
| Optiver Holding B.V. | 1 | $2 | 0.00% | 00.0% | Unchanged |
| Citigroup Inc | 1 | $2 | 0.00% | +1 | New |
| Bessemer Group Inc | 163 | $0 | 0.00% | 00.0% | Unchanged |
| Wildcat Capital Management, LLC | 0 | $0 | 0.00% | −6,418,183−100.0% | Sold out |
| Renaissance Technologies LLC | 0 | $0 | 0.00% | −869,300−100.0% | Sold out |