RLX TECHNOLOGY INC RLX
SPONSORED ADS · ADR · CUSIP 74969N103 · ISIN US74969N1037
RLX Technology Inc., together with its subsidiaries, researchers, develops, manufactures, distributes, and sells e-vapor products in the People's Republic of China
- SectorConsumer staples
- IndustryCigarettes
- Websiterelxtech.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($812.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $2.90. Options: 12 managers hold calls ($23.7m notional), 9 hold puts ($2.4m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 111 |
| Q4 2022 | 112 |
| Q1 2023 | 103 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 70 | 67 |
| Q1 2023 | 50 | 64 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $3.2m | $553.0k | 0.17 |
| Q4 2022 | $23.3m | $5.7m | 0.25 |
| Q1 2023 | $23.7m | $2.4m | 0.10 |
Biggest buyers
| KEYSTONE INVESTORS PTE LTD | New | +20.2m |
| MORGAN STANLEY | Added | +10.4m |
| GOLDMAN SACHS GROUP INC | Added | +10.0m |
| Strategic Vision Investment Ltd | Added | +8.9m |
| Perseverance Asset Management International | Added | +5.5m |
| MILLENNIUM MANAGEMENT LLC | Added | +3.3m |
| D. E. Shaw & Co., Inc. | Added | +3.2m |
| Schonfeld Strategic Advisors LLC | Added | +2.5m |
| CANADA PENSION PLAN INVESTMENT BOARD | Added | +2.4m |
| RENAISSANCE TECHNOLOGIES LLC | Added | +1.9m |
Biggest sellers
| Wildcat Capital Management, LLC | Reduced | -12.8m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -5.8m |
| JANE STREET GROUP, LLC | Reduced | -3.1m |
| HRT FINANCIAL LP | Reduced | -2.5m |
| Top Ace Asset Management Ltd | Sold out | -2.5m |
| Ariose Capital Management Ltd | Sold out | -2.3m |
| WT Asset Management Ltd | Reduced | -1.8m |
| PICTET ASSET MANAGEMENT SA | Reduced | -1.7m |
| Greenwoods Asset Management Hong Kong Ltd. | Sold out | -1.5m |
| PRELUDE CAPITAL MANAGEMENT, LLC | Sold out | -1.2m |
Biggest calls
| Parallax Volatility Advisers, L.P. | Reduced | $7.4m2.5m shares |
| CloudAlpha Capital Management Limited/Hong Kong | New | $5.8m2.0m shares |
| GROUP ONE TRADING LLC | Reduced | $4.0m1.4m shares |
| SIMPLEX TRADING, LLC | Added | $2.6m888.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.7m588.8k shares |
| JANE STREET GROUP, LLC | Reduced | $979.9k337.9k shares |
| CITADEL ADVISORS LLC | Reduced | $975.0k336.2k shares |
| WOLVERINE TRADING, LLC | Reduced | $208.0k76.0k shares |
| Belvedere Trading LLC | Reduced | $49.0k16.9k shares |
| Cutler Group LLC / CA | Added | $17.0k82.8k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $750.8k258.9k shares |
| CITADEL ADVISORS LLC | Reduced | $582.0k200.7k shares |
| GROUP ONE TRADING LLC | Reduced | $570.7k196.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $235.0k81.1k shares |
| WOLVERINE TRADING, LLC | Reduced | $170.0k61.9k shares |
| JANE STREET GROUP, LLC | Reduced | $79.8k27.5k shares |
| Cutler Group LLC / CA | Added | $2.0k28.0k shares |
| Belvedere Trading LLC | Reduced | $290100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Wang Ying Kate 13G · exempt (held before listing) filed 2026-03-18 | 51.2% |
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q1 2023.
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| IDG China Venture Capital Fund V Associates L.P. 100.00% of their portfolio | 60.1m $174.2m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 44.7m $129.5m | Added +10.0m |
| VANGUARD GROUP INC 0.00% of their portfolio | 26.9m $78.0m | Added +144.7k |
| KEYSTONE INVESTORS PTE LTD 11.72% of their portfolio | 20.2m $58.5m | New |
| Wildcat Capital Management, LLC 19.45% of their portfolio | 18.0m $52.3m | Reduced -12.8m |
| MORGAN STANLEY 0.00% of their portfolio | 15.9m $46.1m | Added +10.4m |
| BlackRock Inc. 0.00% of their portfolio | 14.7m $42.7m | Added +361.7k |
| Strategic Vision Investment Ltd 14.29% of their portfolio | 13.1m $38.1m | Added +8.9m |
| Orland Properties Ltd 16.74% of their portfolio | 11.0m $31.9m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 10.1m $29.4m | Added +1.9m |
| Perseverance Asset Management International 8.13% of their portfolio | 8.5m $24.5m | Added +5.5m |
| Tiger Pacific Capital LP 4.82% of their portfolio | 7.8m $22.6m | Added +1.2m |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 6.8m $19.9m | Added +3.2m |
| NORGES BANK 0.00% of their portfolio | 6.5m $19.0m | Added +732.6k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 6.2m $17.9m | Added +3.3m |
| STATE STREET CORP 0.00% of their portfolio | 5.5m $16.1m | Added +1.6m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 4.9m $14.1m | Added +2.4m |
| Yunqi Capital Ltd 6.75% of their portfolio | 3.7m $10.7m | Added +700.0k |
| Schonfeld Strategic Advisors LLC 0.10% of their portfolio | 3.5m $10.0m | Added +2.5m |
| BARCLAYS PLC 0.01% of their portfolio | 3.3m $9.6m | Reduced -148.0k |
| Oasis Management Co Ltd. 1.70% of their portfolio | 3.1m $9.1m | Reduced -448.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 3.1m $8.9m | Added +976.1k |
| FMR LLC 0.00% of their portfolio | 2.7m $7.8m | Added +1.4m |
| Yong Rong (HK) Asset Management Ltd 4.06% of their portfolio | 2.5m $7.2m | Reduced -500.0k |
| Adero Partners, LLC 0.76% of their portfolio | 2.4m $7.0m | Reduced -916.2k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 1.8m $5.1m | New |
| ExodusPoint Capital Management, LP 0.05% of their portfolio | 1.5m $4.4m | Added +569.8k |
| FIRST MANHATTAN CO. LLC. 0.01% of their portfolio | 1.2m $3.5m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 1.0m $3.0m | Reduced -21.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 1.0m $3.0m | Reduced -756.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.0m $3.0m | Reduced -532.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.0m $2.9m | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 959.3k $2.8m | Reduced -119.4k |
| Hosking Partners LLP 0.11% of their portfolio | 801.7k $2.3m | Reduced -40.1k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 565.8k $1.6m | Reduced -3.1m |
| LMR Partners LLP 0.03% of their portfolio | 508.1k $1.5m | Added +57.4k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 451.4k $1.3m | Reduced -54.6k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 413.4k $1.2m | Unchanged |
| CloudAlpha Capital Management Limited/Hong Kong 0.20% of their portfolio | 380.0k $1.1m | New |
| WT Asset Management Ltd 0.39% of their portfolio | 371.8k $1.1m | Reduced -1.8m |
| Point72 Hong Kong Ltd 0.25% of their portfolio | 358.3k $1.0m | New |
| NOMURA HOLDINGS INC 0.01% of their portfolio | 300.0k $870.0k | Added +274.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 256.8k $744.8k | Added +51.8k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 224.5k $651.1k | Added +42.6k |
| Squarepoint Ops LLC 0.00% of their portfolio | 204.1k $591.9k | Added +150.5k |
| GROUP ONE TRADING LLC 0.03% of their portfolio | 202.7k $587.7k | Added +166.3k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 184.3k $534.4k | Added +87.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 178.8k $518.6k | Reduced -89.6k |
| Ergoteles LLC 0.02% of their portfolio | 175.4k $508.7k | Reduced -149.1k |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 168.0k $487.1k | Reduced -5.6k |
| Bridgewater Associates, LP 0.00% of their portfolio | 160.8k $466.4k | Reduced -943.9k |
| OLD MISSION CAPITAL LLC 0.01% of their portfolio | 156.1k $452.8k | New |
| Quadrature Capital Ltd 0.01% of their portfolio | 154.3k $447.5k | New |
| Bayesian Capital Management, LP 0.05% of their portfolio | 149.7k $434.1k | Added +73.3k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 134.9k $391.2k | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 134.3k $389.6k | Reduced -11.4k |
| PICTET ASSET MANAGEMENT SA 0.00% of their portfolio | 111.1k $322.3k | Reduced -1.7m |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 109.4k $317.2k | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 106.3k $308.3k | Unchanged |
| SHELL ASSET MANAGEMENT CO 0.01% of their portfolio | 106.1k $308.0k | New |
| CTC Capital Management, LLC 0.61% of their portfolio | 100.0k $290.0k | New |
| Laird Norton Wetherby Wealth Management, LLC 0.02% of their portfolio | 96.5k $279.7k | Reduced -399 |
| TWO SIGMA SECURITIES, LLC 0.02% of their portfolio | 95.7k $277.5k | Reduced -94.8k |
| SIGNATUREFD, LLC 0.01% of their portfolio | 79.6k $230.7k | Reduced -980 |
| SG Americas Securities, LLC 0.00% of their portfolio | 78.5k $228.0k | New |
| Creative Planning 0.00% of their portfolio | 75.8k $219.7k | Reduced -3.0k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 70.5k $204.4k | Unchanged |
| QUADRANT CAPITAL GROUP LLC 0.02% of their portfolio | 65.9k $191.0k | Reduced -2.9k |
| Tower Research Capital LLC (TRC) 0.01% of their portfolio | 61.8k $179.0k | Added +42.1k |
| West Family Investments, Inc. 0.07% of their portfolio | 57.4k $166.4k | Unchanged |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 52.1k $151.0k | Reduced -22.8k |
| US BANCORP \DE\ 0.00% of their portfolio | 51.6k $149.7k | Reduced -2.5k |
| UBS Group AG 0.00% of their portfolio | 48.2k $139.9k | Reduced -275.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 40.6k $117.7k | Unchanged |
| Central Asset Investments & Management Holdings (HK) Ltd 0.12% of their portfolio | 40.0k $116.0k | New |
| XTX Topco Ltd 0.02% of their portfolio | 38.9k $112.7k | New |
| Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio | 27.6k $80.2k | Reduced -75.7k |
| WOLVERINE TRADING, LLC 0.00% of their portfolio | 25.5k $70.0k | Reduced -3.3k |
| Vident Investment Advisory, LLC 0.00% of their portfolio | 21.5k $62.4k | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 21.2k $61.3k | Added +3.6k |
| SVB WEALTH LLC 0.00% of their portfolio | 17.3k $50.0k | Unchanged |
| FFT WEALTH MANAGEMENT LLC 0.01% of their portfolio | 16.5k $47.8k | Unchanged |
| Ridgewood Investments LLC 0.03% of their portfolio | 16.0k $46.4k | Unchanged |
| Parallel Advisors, LLC 0.00% of their portfolio | 15.0k $43.6k | Added +41 |
| HRT FINANCIAL LP 0.00% of their portfolio | 14.7k $42.0k | Reduced -2.5m |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 14.4k $42.0k | Unchanged |
| Blue Trust, Inc. 0.00% of their portfolio | 13.3k $30.0k | Added +12.6k |
| LPL Financial LLC 0.00% of their portfolio | 13.2k $38.4k | New |
| Apollon Wealth Management, LLC 0.00% of their portfolio | 13.0k $37.7k | New |
| GREENLEAF TRUST 0.00% of their portfolio | 12.7k $36.7k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 11.2k $32.4k | Reduced -411 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 10.8k $31.0k | Reduced -934 |
| Lindbrook Capital, LLC 0.00% of their portfolio | 10.6k $30.9k | Added +2.8k |
| Capital Planning Advisors, LLC 0.01% of their portfolio | 10.2k $29.6k | Unchanged |
| QCM Cayman, Ltd. 0.18% of their portfolio | 10.2k $29.4k | New |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 4.0k $11.6k | New |
| Allworth Financial LP 0.00% of their portfolio | 2.8k $8.2k | Unchanged |
| Cutler Group LLC / CA 0.00% of their portfolio | 1.8k $5.0k | Reduced -29.1k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 1.0k $2.9k | Reduced -1.2k |
| Headlands Technologies LLC 0.00% of their portfolio | 838 $2.4k | Reduced -37 |