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 ($464.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $1.90. Options: 4 managers hold calls ($12.3m notional), 3 hold puts ($11.7m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 111 |
| Q4 2022 | 112 |
| Q1 2023 | 103 |
| Q2 2023 | 102 |
| Q3 2023 | 94 |
| Q4 2023 | 95 |
| Q1 2024 | 88 |
| Q2 2024 | 95 |
| Q3 2024 | 104 |
| Q4 2024 | 106 |
| Q1 2025 | 97 |
| Q2 2025 | 97 |
| Q3 2025 | 91 |
| Q4 2025 | 98 |
| Q1 2026 | 103 |
| Q2 2026 | 104 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 47 | 47 |
| Q4 2024 | 49 | 48 |
| Q1 2025 | 39 | 53 |
| Q2 2025 | 34 | 52 |
| Q3 2025 | 40 | 51 |
| Q4 2025 | 49 | 36 |
| Q1 2026 | 49 | 51 |
| Q2 2026 | 40 | 59 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $2.3m | $27.6m | 11.94 |
| Q4 2025 | $1.5m | $367.9k | 0.25 |
| Q1 2026 | $601.9k | $219.1k | 0.36 |
| Q2 2026 | $12.3m | $11.7m | 0.95 |
Biggest buyers
| NOMURA HOLDINGS INC | Added | +20.2m |
| TWO SIGMA INVESTMENTS, LP | Added | +1.7m |
| Assenagon Asset Management S.A. | Added | +703.0k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +608.5k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | Added | +439.0k |
| Qube Research & Technologies Ltd | New | +427.7k |
| Man Group plc | New | +289.7k |
| JPMORGAN CHASE & CO | Added | +204.2k |
| Pictet Asset Management Holding SA | Added | +181.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +167.8k |
Biggest sellers
| OLP CAPITAL MANAGEMENT Ltd | Reduced | -13.1m |
| CITADEL ADVISORS LLC | Reduced | -2.4m |
| MARSHALL WACE, LLP | Reduced | -2.3m |
| IDG China Venture Capital Fund V Associates L.P. | Reduced | -2.1m |
| MORGAN STANLEY | Reduced | -1.9m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -636.2k |
| VANGUARD CAPITAL MANAGEMENT LLC | Reduced | -546.6k |
| UBS Group AG | Reduced | -525.9k |
| STATE STREET CORP | Reduced | -333.7k |
| Susquehanna Portfolio Strategies, LLC | Sold out | -333.6k |
Biggest calls
| JANE STREET GROUP, LLC | New | $11.4m6.0m shares |
| GROUP ONE TRADING LLC | Added | $759.2k399.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $130.5k68.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $17.1k9.0k shares |
Biggest puts
| JANE STREET GROUP, LLC | New | $11.4m6.0m shares |
| CITADEL ADVISORS LLC | Added | $192.3k101.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $53.2k28.0k 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 since 1 Apr 2026
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 since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| First Beijing Investment Ltd 4.65% of their portfolio | 59.8m $113.7m | Reduced -307.8k |
| IDG China Venture Capital Fund V Associates L.P. 100.00% of their portfolio | 55.1m $104.6m | Reduced -2.1m |
| NOMURA HOLDINGS INC 0.18% of their portfolio | 22.6m $42.9m | Added +20.2m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 20.9m $39.8m | Reduced -546.6k |
| OLP CAPITAL MANAGEMENT Ltd 6.33% of their portfolio | 13.3m $25.3m | Reduced -13.1m |
| BlackRock, Inc. 0.00% of their portfolio | 9.6m $18.3m | Added +109.9k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 9.6m $18.1m | Reduced -59.3k |
| Aspex Management (HK) Ltd 0.17% of their portfolio | 7.9m $15.0m | Unchanged |
| Perseverance Asset Management International 1.43% of their portfolio | 7.4m $14.0m | Reduced -135.1k |
| Oasis Management Co Ltd. 1.33% of their portfolio | 6.5m $12.3m | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 6.0m $11.5m | Unchanged |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 5.6m $10.7m | Added +28.4k |
| Pictet Asset Management Holding SA 0.01% of their portfolio | 3.9m $7.5m | Added +181.4k |
| MORGAN STANLEY 0.00% of their portfolio | 3.9m $7.4m | Reduced -1.9m |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 3.7m $7.0m | Added +608.5k |
| STATE STREET CORP 0.00% of their portfolio | 3.0m $5.7m | Reduced -333.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.5m $4.7m | Added +7.5k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 2.3m $4.5m | Added +1.7m |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.2m $4.1m | Reduced -36.3k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 2.2m $4.1m | Reduced -2.6k |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC 0.01% of their portfolio | 1.5m $2.9m | Unchanged |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 1.5m $2.8m | Added +703.0k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 1.0m $1.9m | Added +11.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 862.9k $1.6m | Reduced -2.2k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 805.0k $1.5m | Reduced -2.4m |
| UBS Group AG 0.00% of their portfolio | 789.4k $1.5m | Reduced -525.9k |
| Legal & General Group Plc 0.00% of their portfolio | 775.5k $1.5m | Reduced -50.6k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 697.0k $1.3m | Added +439.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 675.7k $1.3m | Added +167.8k |
| GSA CAPITAL PARTNERS LLP 0.08% of their portfolio | 663.5k $1.3m | Added +68.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 590.3k $1.1m | Added +10.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 570.7k $1.1m | Reduced -49.9k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 498.9k $947.9k | Reduced -29.8k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 451.3k $857.5k | Reduced -1.6k |
| Invesco Ltd. 0.00% of their portfolio | 447.7k $850.6k | Reduced -60.7k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 427.7k $812.7k | New |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 354.8k $674.1k | Reduced -17.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 346.2k $650.9k | Added +204.2k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 299.4k $568.8k | Reduced -2.3m |
| Bank of New York Mellon Corp 0.00% of their portfolio | 296.5k $563.3k | Added +6.2k |
| Man Group plc 0.00% of their portfolio | 289.7k $550.4k | New |
| GUGGENHEIM CAPITAL LLC 0.00% of their portfolio | 272.4k $517.6k | Added +72.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 262.6k $499.0k | Added +11.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 262.2k $498.2k | Reduced -636.2k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 244.6k $464.7k | Reduced -105.9k |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 243.0k $461.7k | Reduced -120.9k |
| US BANCORP \DE\ 0.00% of their portfolio | 235.7k $447.8k | Reduced -21.8k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 222.1k $422.0k | Reduced -90.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 214.7k $408.0k | Reduced -12.1k |
| Polymer Capital Management (HK) LTD 0.04% of their portfolio | 202.5k $384.8k | Added +85.7k |
| Nuveen, LLC 0.00% of their portfolio | 146.4k $278.2k | Reduced -62.3k |
| Vident Advisory, LLC 0.00% of their portfolio | 138.9k $263.9k | Added +39.9k |
| WINTON GROUP Ltd 0.01% of their portfolio | 117.9k $224.0k | Added +75.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 91.2k $173.3k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 89.3k $169.7k | Reduced -691 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 87.5k $192.5k | Unchanged |
| Headlands Technologies LLC 0.01% of their portfolio | 69.5k $132.0k | Added +14.3k |
| Creative Planning 0.00% of their portfolio | 66.4k $126.2k | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 63.3k $120.3k | Reduced -226.5k |
| SIGNATUREFD, LLC 0.00% of their portfolio | 51.6k $98.0k | Reduced -4.0k |
| TWO SIGMA SECURITIES, LLC 0.01% of their portfolio | 49.4k $93.9k | New |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 46.2k $87.8k | Reduced -22.0k |
| HRT FINANCIAL LP 0.00% of their portfolio | 45.1k $85.0k | Reduced -119.3k |
| Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio | 44.4k $84.3k | Added +3.1k |
| Centiva Capital, LP 0.00% of their portfolio | 43.8k $83.2k | Added +11.1k |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 43.4k $82.5k | Reduced -3.2k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 40.3k $76.5k | Unchanged |
| Engineers Gate Manager LP 0.00% of their portfolio | 37.2k $70.7k | New |
| Vanguard Investments Australia, Ltd. 0.00% of their portfolio | 37.1k $70.5k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 34.8k $66.1k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 34.5k $65.6k | Reduced -171.5k |
| PCM Encore, LLC 0.01% of their portfolio | 32.8k $62.2k | Unchanged |
| Blueshift Asset Management, LLC 0.01% of their portfolio | 25.5k $48.4k | New |
| Mariner, LLC 0.00% of their portfolio | 21.3k $40.5k | Reduced -1.6k |
| Parallel Advisors, LLC 0.00% of their portfolio | 20.7k $39.4k | Added +4.2k |
| StoneX Group Inc. 0.00% of their portfolio | 16.6k $33.5k | New |
| SmartHarvest Portfolios, LLC 0.01% of their portfolio | 16.5k $31.4k | Added +4.2k |
| JMN Financial LLC 0.02% of their portfolio | 16.4k $31.3k | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 14.2k $27.0k | Reduced -346 |
| IMC-Chicago, LLC 0.00% of their portfolio | 13.4k $25.4k | New |
| INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio | 12.5k $23.7k | Unchanged |
| XTX Topco Ltd 0.00% of their portfolio | 11.8k $22.4k | Reduced -179.3k |
| Numerai GP LLC 0.00% of their portfolio | 11.6k $22.0k | Reduced -16.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 11.0k $20.9k | Unchanged |
| QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio | 10.7k $20.3k | Reduced -36.9k |
| Ballentine Partners, LLC 0.00% of their portfolio | 10.3k $19.5k | Reduced -979 |
| Penserra Capital Management LLC 0.00% of their portfolio | 7.0k $13.0k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 6.1k $12.0k | Reduced -4.0k |
| Westside Investment Management, Inc. 0.00% of their portfolio | 4.6k $8.7k | Unchanged |
| ASSETMARK, INC 0.00% of their portfolio | 4.5k $8.6k | Added +3.2k |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 3.0k $5.7k | Reduced -99 |
| Allworth Financial LP 0.00% of their portfolio | 2.8k $5.4k | Reduced -222 |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 2.2k $4.2k | Reduced -6.0k |
| Pinnacle Bancorp, Inc. 0.00% of their portfolio | 1.9k $3.5k | New |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 1.8k $3.4k | Unchanged |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 1.3k $2.6k | Reduced -5.3k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 1.0k $1.9k | Unchanged |
| BESSEMER GROUP INC 0.00% of their portfolio | 758 $1.0k | Added +73 |
| FMR LLC 0.00% of their portfolio | 639 $1.2k | Unchanged |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 439 $817 | New |