RLX Technology Inc.-ADRRLX

13F holders, Q4 2025 (December 31)
98holders +7
15new positions
9sold out
3famous investors
$2.33avg. 13F price*

At the end of Q4 2025, 98 institutions reported holding RLX Technology Inc.-ADR (RLX) in their 13F filings, up 7 from Q3 2025. 15 opened new positions and 9 sold out. The largest holders were First Beijing Investment Ltd ($146.5M), IDG China Venture Capital Fund V Associates L.P. ($138.2M) and Vanguard Group Inc. ($63.2M). 3 famous investors held it, including David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio), Ken Griffin (0.0% of Citadel Advisors's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).

Company
RLX Technology Inc.-ADR
CUSIP
74969N103
Latest filing quarter
Q2 2026

History

Number of 13F holders

050100150 Q1 2024: 87Q1 2024Q2 2024: 94Q2 2024Q3 2024: 103Q3 2024Q4 2024: 105Q4 2024Q1 2025: 96Q1 2025Q2 2025: 96Q2 2025Q3 2025: 91Q3 2025Q4 2025: 98Q4 2025Q1 2026: 103Q1 2026Q2 2026: 104Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions15$5.5M
Exits9$20.8M

All 13F filers, Q3 2025 → Q4 2025: 11,706,834 shares bought and 17,161,586 shares sold, net −5,454,752 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 98 holders

First Beijing Investment Ltd 5.78% No change 62,864,424 $146.5M
IDG China Venture Capital Fund V Associates L.P. 100.00% Reduce -1.2% 59,332,622 $138.2M
Vanguard Group Inc. 0.00% Add +0.8% 27,144,029 $63.2M
D. E. Shaw & Co. 0.02% Reduce -4.7% 9,434,123 $22.0M
BlackRock, Inc. 0.00% Reduce -0.2% 8,996,110 $21.0M
Aspex Management (HK) Ltd 0.37% No change 7,901,172 $18.4M
Perseverance Asset Management International 2.66% Add +4.4% 7,790,928 $18.2M
Oasis Management Co Ltd. 2.32% Add +2.4% 6,497,600 $15.1M
Morgan Stanley 0.00% Reduce -9.3% 6,250,492 $14.6M
Barclays PLC 0.01% Reduce -1.0% 6,049,750 $14.1M
Nomura Holdings Inc. 0.03% Add +407.8% 4,651,811 $10.8M
Mackenzie Financial Corp. 0.01% Add +40.4% 4,218,617 $9.6M
State Street Corp. 0.00% Add +4.5% 3,275,082 $7.6M
Jane Street Group, LLC 0.01% Reduce -62.6% 2,347,582 $5.5M
Goldman Sachs Group Inc. 0.00% Reduce -3.8% 2,329,229 $5.4M
Connor, Clark & Lunn Investment Management Ltd. 0.01% Reduce -2.5% 2,065,820 $4.8M
Hosking Partners LLP 0.15% Reduce -0.9% 1,955,552 $4.6M
Focus Partners Wealth 0.01% Add +0.0% 1,947,612 $4.5M
UBS Group AG 0.00% Add +59.7% 1,794,749 $4.2M
Mariner, LLC 0.00% Add +0.2% 1,671,582 $3.9M
Capitolis Liquid Global Markets LLC 0.02% New 1,510,200 $3.5M
Citadel Advisors 0.00% Reduce -43.2% 1,416,671 $3.3M
Bank of America Corp. 0.00% Add +1137.2% 1,149,880 $2.7M
JPMorgan Chase & Co. 0.00% Add +29.6% 1,047,837 $2.4M
Legal & General Group Plc 0.00% Add +17.4% 882,982 $2.1M
Arrowstreet Capital, Limited Partnership 0.00% Reduce -3.9% 872,907 $2.0M
Charles Schwab Investment Management Inc. 0.00% Add +0.1% 868,097 $2.0M
Assenagon Asset Management S.A. 0.00% Reduce -4.0% 833,551 $1.9M
Northern Trust Corp. 0.00% Add +0.3% 677,795 $1.6M
Walleye Capital LLC 0.01% Add +27.4% 607,936 $1.4M
Marshall Wace, LLP 0.00% Reduce -71.3% 593,869 $1.4M
Invesco Ltd. 0.00% Reduce -4.7% 522,227 $1.2M
Franklin Resources Inc. 0.00% Add +5.8% 510,695 $1.2M
Susquehanna Portfolio Strategies, LLC 0.02% Reduce -18.8% 486,884 $1.1M
Two Sigma Investments, LP 0.00% Add +289.9% 478,800 $1.1M
Gsa Capital Partners LLP 0.09% Reduce -20.5% 469,254 $1.1M
Two Sigma Advisers, LP 0.00% Add +9.4% 396,200 $923K
XTX Topco Ltd 0.02% Add +152.6% 390,880 $911K
BNP Paribas Financial Markets 0.00% Add +1590.0% 388,300 $905K
Public Employees Retirement System of Ohio 0.00% Add +2.3% 380,820 $887K
Simplex Trading, LLC 0.02% Add +7.4% 333,276 $777K
Susquehanna International Group, LLP 0.00% Reduce -3.1% 327,586 $763K
Bank of New York Mellon Corp 0.00% New 290,590 $677K
Pictet Asset Management Holding SA 0.00% Add +17.1% 231,967 $540K
Nuveen, LLC 0.00% No change 208,700 $486K
Millennium Management 0.00% Add +15.6% 207,609 $484K
Geode Capital Management, LLC 0.00% Add +2.1% 187,612 $437K
Squarepoint Ops LLC 0.00% Add +87.4% 167,461 $390K
Jupiter Asset Management Ltd. 0.00% New 148,508 $346K
HRT Financial LP 0.00% Add +350.5% 132,011 $307K
Russell Investments Group, Ltd. 0.00% No change 115,688 $270K
Acadian Asset Management LLC 0.00% New 106,912 $248K
Polymer Capital Management (HK) LTD 0.04% No change 98,800 $230K
WT Asset Management Ltd 0.01% New 97,696 $228K
Vident Advisory, LLC 0.00% Add +1.2% 92,578 $216K
Police & Firemen's Retirement System of New Jersey 0.00% Reduce -30.0% 91,114 $212K
Alliancebernstein L.P. 0.00% No change 87,503 $204K
Empowered Funds, LLC 0.00% New 71,851 $167K
Cornerstone Investment Partners, LLC 0.01% New 67,909 $158K
Creative Planning 0.00% Reduce -7.3% 67,835 $158K
Numerai GP LLC 0.02% Reduce -15.5% 59,565 $139K
Signaturefd, LLC 0.00% No change 58,003 $135K
Quadrant Capital Group LLC 0.00% No change 50,078 $117K
Vanguard Personalized Indexing Management, LLC 0.00% Add +2.0% 45,016 $105K
Virtus Advisers, LLC 0.05% No change 43,796 $102K
West Family Investments, Inc. 0.02% No change 41,577 $97K
HSBC Holdings PLC 0.00% No change 40,257 $94K
PCM Encore, LLC 0.02% — 32,750 $76K
Profund Advisors LLC 0.00% Reduce -19.8% 32,342 $75K
Centiva Capital, LP 0.00% New 21,691 $51K
Mirae Asset Global Investments Co., Ltd. 0.00% Add +0.8% 21,458 $50K
Blueshift Asset Management, LLC 0.01% New 19,292 $45K
Tower Research Capital LLC (TRC) 0.00% Add +222.1% 19,150 $45K
SmartHarvest Portfolios, LLC 0.01% — 17,158 $40K
Parallel Advisors, LLC 0.00% No change 16,561 $39K
US Bancorp \de 0.00% No change 13,823 $32K
Axq Capital, LP 0.01% New 12,941 $30K
Headlands Technologies LLC 0.00% Reduce -73.5% 12,685 $30K
Insigneo Advisory Services, LLC 0.00% New 12,498 $29K
Ballentine Partners, LLC 0.00% No change 11,248 $26K
Schonfeld Strategic Advisors LLC 0.00% New 11,163 $26K
Rhumbline Advisers 0.00% Reduce -13.4% 11,023 $26K
Arax Advisory Partners 0.00% New 6,452 $15K
Royal Bank of Canada 0.00% Add +167.1% 5,901 $14K
EverSource Wealth Advisors, LLC 0.00% Add +29.7% 5,588 $13K
Caitong International Asset Management Co., Ltd 0.00% Reduce -22.0% 4,669 $11K
Westside Investment Management, Inc. 0.00% No change 4,584 $11K
DV Equities, LLC 0.00% — 3,400 $8K
Allworth Financial LP 0.00% No change 3,057 $7K
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -99.3% 1,639 $4K
SBI Securities Co., Ltd. 0.00% Add +1.3% 1,480 $3K
NewEdge Advisors, LLC 0.00% No change 1,000 $2K
FMR LLC 0.00% No change 639 $1K
Assetmark, Inc. 0.00% Reduce -32.7% 628 $1K
NFSG Corp 0.00% New 200 $466
Citigroup Inc. 0.00% New 1 $2
Optiver Holding B.V. 0.00% No change 1 $2
Bessemer Group Inc. 0.00% No change 163 $0

"% of holder's portfolio" is RLX's weight in each manager's 13F, not the share of RLX Technology Inc.-ADR the manager owns.