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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, 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.

Institutional holdersQ4 2025: 98 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 heldQ4 2025: $574.8M
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, Q4 2025

Shares, value and share of portfolio for each institution holding RLX Technology Inc.; share changes are against Q3 2025.

Institutions holding RLX in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Bessemer Group Inc163$00.00%00.0%Unchanged
Optiver Holding B.V.1$20.00%00.0%Unchanged
Citigroup Inc1$20.00%+1New
Newbridge Financial Services Group, Inc.200$4660.00%+200New
Assetmark, Inc628$1.46K0.00%−305−32.7%Reduced
FMR LLC639$1.49K0.00%00.0%Unchanged
GWM Advisors LLC1,000$2.33K0.00%00.0%Unchanged
SBI Securities Co., Ltd.1,480$3.45K0.00%+19+1.3%Added
UBS Asset Management Americas Inc1,639$3.82K0.00%−223,561−99.3%Reduced
Allworth Financial LP3,057$7.12K0.00%00.0%Unchanged
DV Equities, LLC3,400$7.92K0.00%+3,400New
Westside Investment Management, Inc.4,584$10.6K0.00%00.0%Unchanged
Caitong International Asset Management Co., Ltd4,669$10.9K0.00%−1,316−22.0%Reduced
EverSource Wealth Advisors, LLC5,588$13.0K0.00%+1,279+29.7%Added
Royal Bank of Canada5,901$14.0K0.00%+3,692+167.1%Added
SRS Capital Advisors, Inc.6,452$15.0K0.00%+6,452New
Rhumbline Advisers11,023$25.7K0.00%−1,712−13.4%Reduced
Schonfeld Strategic Advisors LLC11,163$26.0K0.00%+11,163New
Ballentine Partners, LLC11,248$26.2K0.00%00.0%Unchanged
Insigneo Advisory Services, LLC12,498$29.1K0.00%+12,498New
Headlands Technologies LLC12,685$29.6K0.00%−35,154−73.5%Reduced
Axq Capital, LP12,941$30.2K0.01%+12,941New
US Bancorp13,823$32.2K0.00%00.0%Unchanged
Parallel Advisors, LLC16,561$38.6K0.00%00.0%Unchanged
SmartHarvest Portfolios, LLC17,158$40.0K0.01%+17,158New
Tower Research Capital LLC (TRC)19,150$44.6K0.00%+13,205+222.1%Added
Blueshift Asset Management, LLC19,292$45.0K0.01%+19,292New
Mirae Asset Global Investments Co., Ltd.21,458$50.0K0.00%+165+0.8%Added
Centiva Capital, LP21,691$50.5K0.00%+21,691New
Profund Advisors LLC32,342$75.4K0.00%−7,963−19.8%Reduced
PCM Encore, LLC32,750$76.3K0.02%+32,750New
HSBC Holdings PLC40,257$93.8K0.00%00.0%Unchanged
West Family Investments, Inc.41,577$96.9K0.02%00.0%Unchanged
Virtus ETF Advisers LLC43,796$102.0K0.05%00.0%Unchanged
JustInvest LLC45,016$104.9K0.00%+876+2.0%Added
Quadrant Capital Group LLC50,078$116.7K0.00%00.0%Unchanged
Signaturefd, LLC58,003$135.1K0.00%00.0%Unchanged
Numerai GP LLC59,565$138.8K0.02%−10,892−15.5%Reduced
Creative Planning67,835$158.1K0.00%−5,302−7.2%Reduced
Cornerstone Investment Partners, LLC67,909$158.2K0.01%+67,909New
Empowered Funds, LLC71,851$167.4K0.00%+71,851New
Alliancebernstein L.P.87,503$203.9K0.00%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey91,114$212.3K0.00%−39,000−30.0%Reduced
Vident Advisory, LLC92,578$215.7K0.00%+1,128+1.2%Added
WT Asset Management Ltd97,696$227.6K0.01%+97,696New
Polymer Capital Management (HK) LTD98,800$230.2K0.04%00.0%Unchanged
Acadian Asset Management LLC106,912$248.0K0.00%+106,912New
Russell Investments Group, Ltd.115,688$269.6K0.00%00.0%Unchanged
HRT Financial LP132,011$307.0K0.00%+102,707+350.5%Added
Jupiter Asset Management Ltd148,508$346.0K0.00%+148,508New
Squarepoint Ops LLC167,461$390.2K0.00%+78,119+87.4%Added
Geode Capital Management, LLC187,612$437.1K0.00%+3,788+2.1%Added
Millennium Management LLC207,609$483.7K0.00%+28,052+15.6%Added
Nuveen, LLC208,700$486.3K0.00%00.0%Unchanged
Pictet Asset Management Holding SA231,967$540.5K0.00%+33,900+17.1%Added
Bank of New York Mellon Corp290,590$677.1K0.00%+290,590New
Susquehanna International Group, LLP327,586$763.3K0.00%−10,417−3.1%Reduced
Simplex Trading, LLC333,276$776.5K0.02%+23,066+7.4%Added
Public Employees Retirement System of Ohio380,820$887.3K0.00%+8,509+2.3%Added
BNP Paribas Arbitrage, SA388,300$904.7K0.00%+365,323+1,590.0%Added
XTX Topco Ltd390,880$910.8K0.02%+236,153+152.6%Added
Two Sigma Advisers, LP396,200$923.1K0.00%+34,200+9.4%Added
Gsa Capital Partners LLP469,254$1.09M0.09%−121,208−20.5%Reduced
Two Sigma Investments, LP478,800$1.12M0.00%+356,000+289.9%Added
Susquehanna Portfolio Strategies, LLC486,884$1.13M0.02%−112,660−18.8%Reduced
Franklin Resources Inc510,695$1.19M0.00%+27,917+5.8%Added
Invesco Ltd.522,227$1.22M0.00%−25,967−4.7%Reduced
Marshall Wace, LLP593,869$1.38M0.00%−1,473,359−71.3%Reduced
Walleye Capital LLC607,936$1.42M0.01%+130,710+27.4%Added
Northern Trust Corp677,795$1.58M0.00%+2,265+0.3%Added
Assenagon Asset Management S.A.833,551$1.94M0.00%−34,291−4.0%Reduced
Charles Schwab Investment Management Inc868,097$2.02M0.00%+1,270+0.1%Added
Arrowstreet Capital, Limited Partnership872,907$2.03M0.00%−34,989−3.9%Reduced
Legal & General Group Plc882,982$2.06M0.00%+131,070+17.4%Added
JPMorgan Chase & Co1,047,837$2.44M0.00%+239,248+29.6%Added
Bank of America Corp1,149,880$2.68M0.00%+1,056,934+1,137.1%Added
Citadel Advisors LLC1,416,671$3.30M0.00%−1,078,024−43.2%Reduced
Capitolis Liquid Global Markets LLC1,510,200$3.52M0.02%+1,510,200New
Mariner, LLC1,671,582$3.89M0.00%+3,106+0.2%Added
UBS Group AG1,794,749$4.18M0.00%+670,848+59.7%Added
Colony Group, LLC1,947,612$4.54M0.01%+8100.0%Added
Hosking Partners LLP1,955,552$4.56M0.15%−17,497−0.9%Reduced
Connor, Clark & Lunn Investment Management Ltd.2,065,820$4.81M0.01%−53,080−2.5%Reduced
Goldman Sachs Group Inc2,329,229$5.43M0.00%−91,967−3.8%Reduced
Jane Street Group, LLC2,347,582$5.47M0.01%−3,937,977−62.7%Reduced
State Street Corp3,275,082$7.63M0.00%+141,621+4.5%Added
Mackenzie Financial Corp4,218,617$9.64M0.01%+1,214,766+40.4%Added
Nomura Holdings Inc4,651,811$10.8M0.03%+3,735,692+407.8%Added
Barclays PLC6,049,750$14.1M0.01%−63,800−1.0%Reduced
Morgan Stanley6,250,492$14.6M0.00%−641,736−9.3%Reduced
Oasis Management Co Ltd.6,497,600$15.1M1.98%+150,784+2.4%Added
Perseverance Asset Management International7,790,928$18.2M2.66%+325,361+4.4%Added
Aspex Management (HK) Ltd7,901,172$18.4M0.37%00.0%Unchanged
BlackRock, Inc.8,996,110$21.0M0.00%−19,110−0.2%Reduced
D. E. Shaw & Co., Inc.9,434,123$22.0M0.02%−467,032−4.7%Reduced
Vanguard Group Inc27,144,029$63.2M0.00%+206,347+0.8%Added
IDG China Venture Capital Fund V Associates L.P.59,332,622$138.2M100.00%−736,248−1.2%Reduced
First Beijing Investment Ltd62,864,424$146.5M5.78%00.0%Unchanged
Wildcat Capital Management, LLC0$00.00%−6,418,183−100.0%Sold out
Renaissance Technologies LLC0$00.00%−869,300−100.0%Sold out