Vault-13

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

104 institutional holders +1 vs Q1 2026
265,399,280265.4m shares reported held*
$504.3mreported value*
13 new 27 added 47 reduced 12 sold out net sold ≈ $1.9m (-986.7k shares)

* 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

050100150Q3 22: 111Q4 22: 112Q1 23: 103Q2 23: 102Q3 23: 94Q4 23: 95Q1 24: 88Q2 24: 95Q3 24: 104Q4 24: 106Q1 25: 97Q2 25: 97Q3 25: 91Q4 25: 98Q1 26: 103Q2 26: 104104Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022111
Q4 2022112
Q1 2023103
Q2 2023102
Q3 202394
Q4 202395
Q1 202488
Q2 202495
Q3 2024104
Q4 2024106
Q1 202597
Q2 202597
Q3 202591
Q4 202598
Q1 2026103
Q2 2026104

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 24: 47 bought or addedQ3 24: 47 cut or sold outQ4 24: 49 bought or addedQ4 24: 48 cut or sold outQ4 24Q1 25: 39 bought or addedQ1 25: 53 cut or sold outQ2 25: 34 bought or addedQ2 25: 52 cut or sold outQ2 25Q3 25: 40 bought or addedQ3 25: 51 cut or sold outQ4 25: 49 bought or addedQ4 25: 36 cut or sold outQ4 25Q1 26: 49 bought or addedQ1 26: 51 cut or sold outQ2 26: 40 bought or addedQ2 26: 59 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20244747
Q4 20244948
Q1 20253953
Q2 20253452
Q3 20254051
Q4 20254936
Q1 20264951
Q2 20264059

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30mQ3 25 calls: $2.3mQ3 25 puts: $27.6mQ3 25P/C 11.94Q4 25 calls: $1.5mQ4 25 puts: $367.9kQ4 25P/C 0.25Q1 26 calls: $601.9kQ1 26 puts: $219.1kQ1 26P/C 0.36Q2 26 calls: $12.3mQ2 26 puts: $11.7mQ2 26P/C 0.95
Numbers
QuarterCallsPutsP/C
Q3 2025$2.3m$27.6m11.94
Q4 2025$1.5m$367.9k0.25
Q1 2026$601.9k$219.1k0.36
Q2 2026$12.3m$11.7m0.95

Biggest buyers

NOMURA HOLDINGS INC Added +20,221,393+20.2m
TWO SIGMA INVESTMENTS, LP Added +1,715,872+1.7m
Assenagon Asset Management S.A. Added +703,023+703.0k
ACADIAN ASSET MANAGEMENT LLC Added +608,515+608.5k
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS Added +439,041+439.0k
Qube Research & Technologies Ltd New +427,749+427.7k
Man Group plc New +289,676+289.7k
JPMORGAN CHASE & CO Added +204,200+204.2k
Pictet Asset Management Holding SA Added +181,359+181.4k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +167,818+167.8k

Biggest sellers

OLP CAPITAL MANAGEMENT Ltd Reduced -13,052,670-13.1m
CITADEL ADVISORS LLC Reduced -2,361,641-2.4m
MARSHALL WACE, LLP Reduced -2,337,292-2.3m
IDG China Venture Capital Fund V Associates L.P. Reduced -2,058,530-2.1m
MORGAN STANLEY Reduced -1,861,603-1.9m
RENAISSANCE TECHNOLOGIES LLC Reduced -636,160-636.2k
VANGUARD CAPITAL MANAGEMENT LLC Reduced -546,627-546.6k
UBS Group AG Reduced -525,933-525.9k
STATE STREET CORP Reduced -333,677-333.7k
Susquehanna Portfolio Strategies, LLC Sold out -333,624-333.6k

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.

HolderStakeChangeShares Last filed
Wang Ying Kate 13G · exempt (held before listing) filed 2026-03-18 51.2% 793.1m 2026-03-18

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 First Beijing Investment Ltd 4.65% of their portfolio HONG KONG, K3 59,821,83959.8m $113.7m $113.7m 4.65% Reduced -307.8k -307,832
2 IDG China Venture Capital Fund V Associates L.P. 100.00% of their portfolio HONG KONG, K3 55,074,47355.1m $104.6m $104.6m 100.00% Reduced -2.1m -2,058,530
3 NOMURA HOLDINGS INC 0.18% of their portfolio TOKYO, M0 22,583,60222.6m $42.9m $42.9m 0.18% Added +20.2m +20,221,393
4 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 20,925,42520.9m $39.8m $39.8m 0.00% Reduced -546.6k -546,627
5 OLP CAPITAL MANAGEMENT Ltd 6.33% of their portfolio CAUSEWAY BAY, K3 13,322,76013.3m $25.3m $25.3m 6.33% Reduced -13.1m -13,052,670
6 BlackRock, Inc. 0.00% of their portfolio New York, NY 9,634,8209.6m $18.3m $18.3m 0.00% Added +109.9k +109,933
7 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 9,550,7109.6m $18.1m $18.1m 0.01% Reduced -59.3k -59,275
8 Aspex Management (HK) Ltd 0.17% of their portfolio CENTRAL, K3 7,901,1727.9m $15.0m $15.0m 0.17% Unchanged
9 Perseverance Asset Management International 1.43% of their portfolio GEORGE TOWN, E9 7,360,7377.4m $14.0m $14.0m 1.43% Reduced -135.1k -135,125
10 Oasis Management Co Ltd. 1.33% of their portfolio GRAND CAYMAN, E9 6,497,6006.5m $12.3m $12.3m 1.33% Unchanged
11 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 6,048,5506.0m $11.5m $11.5m 0.00% Unchanged
12 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 5,645,8445.6m $10.7m $10.7m 0.00% Added +28.4k +28,425
13 Pictet Asset Management Holding SA 0.01% of their portfolio CAROUGE, V8 3,933,7033.9m $7.5m $7.5m 0.01% Added +181.4k +181,359
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,906,5043.9m $7.4m $7.4m 0.00% Reduced -1.9m -1,861,603
15 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 3,669,9563.7m $7.0m $7.0m 0.01% Added +608.5k +608,515
16 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,993,9833.0m $5.7m $5.7m 0.00% Reduced -333.7k -333,677
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,457,1612.5m $4.7m $4.7m 0.00% Added +7.5k +7,453
18 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 2,343,6952.3m $4.5m $4.5m 0.00% Added +1.7m +1,715,872
19 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 2,172,3782.2m $4.1m $4.1m 0.00% Reduced -36.3k -36,324
20 Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio VANCOUVER, A1 2,157,1662.2m $4.1m $4.1m 0.01% Reduced -2.6k -2,623
21 CAPITOLIS LIQUID GLOBAL MARKETS LLC 0.01% of their portfolio NEW YORK, NY 1,510,2001.5m $2.9m $2.9m 0.01% Unchanged
22 Assenagon Asset Management S.A. 0.00% of their portfolio SENNINGERBERG, N4 1,455,0201.5m $2.8m $2.8m 0.00% Added +703.0k +703,023
23 VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio London, EC4N 8AF, X0 1,012,3711.0m $1.9m $1.9m 0.00% Added +11.4k +11,368
24 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 862,910862.9k $1.6m $1.6m 0.00% Reduced -2.2k -2,223
25 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 804,969805.0k $1.5m $1.5m 0.00% Reduced -2.4m -2,361,641
26 UBS Group AG 0.00% of their portfolio ZURICH, V8 789,429789.4k $1.5m $1.5m 0.00% Reduced -525.9k -525,933
27 Legal & General Group Plc 0.00% of their portfolio London, X0 775,522775.5k $1.5m $1.5m 0.00% Reduced -50.6k -50,611
28 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 696,959697.0k $1.3m $1.3m 0.01% Added +439.0k +439,041
29 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 675,675675.7k $1.3m $1.3m 0.00% Added +167.8k +167,818
30 GSA CAPITAL PARTNERS LLP 0.08% of their portfolio LONDON, X0 663,479663.5k $1.3m $1.3m 0.08% Added +68.4k +68,445
31 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 590,273590.3k $1.1m $1.1m 0.00% Added +10.6k +10,573
32 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 570,657570.7k $1.1m $1.1m 0.00% Reduced -49.9k -49,949
33 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 498,877498.9k $947.9k $947.9k 0.00% Reduced -29.8k -29,798
34 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 451,312451.3k $857.5k $857.5k 0.00% Reduced -1.6k -1,554
35 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 447,689447.7k $850.6k $850.6k 0.00% Reduced -60.7k -60,702
36 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 427,749427.7k $812.7k $812.7k 0.00% New
37 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 354,811354.8k $674.1k $674.1k 0.00% Reduced -17.4k -17,433
38 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 346,211346.2k $650.9k $650.9k 0.00% Added +204.2k +204,200
39 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 299,366299.4k $568.8k $568.8k 0.00% Reduced -2.3m -2,337,292
40 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 296,456296.5k $563.3k $563.3k 0.00% Added +6.2k +6,241
41 Man Group plc 0.00% of their portfolio LONDON, X0 289,676289.7k $550.4k $550.4k 0.00% New
42 GUGGENHEIM CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 272,445272.4k $517.6k $517.6k 0.00% Added +72.7k +72,742
43 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 262,618262.6k $499.0k $499.0k 0.00% Added +11.4k +11,440
44 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 262,200262.2k $498.2k $498.2k 0.00% Reduced -636.2k -636,160
45 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 244,556244.6k $464.7k $464.7k 0.00% Reduced -105.9k -105,923
46 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 242,974243.0k $461.7k $461.7k 0.00% Reduced -120.9k -120,859
47 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 235,675235.7k $447.8k $447.8k 0.00% Reduced -21.8k -21,819
48 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 222,099222.1k $422.0k $422.0k 0.00% Reduced -90.4k -90,372
49 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 214,739214.7k $408.0k $408.0k 0.00% Reduced -12.1k -12,100
50 Polymer Capital Management (HK) LTD 0.04% of their portfolio HONG KONG, K3 202,502202.5k $384.8k $384.8k 0.04% Added +85.7k +85,660
51 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 146,400146.4k $278.2k $278.2k 0.00% Reduced -62.3k -62,300
52 Vident Advisory, LLC 0.00% of their portfolio Alpharetta, GA 138,868138.9k $263.9k $263.9k 0.00% Added +39.9k +39,898
53 WINTON GROUP Ltd 0.01% of their portfolio LONDON, X0 117,910117.9k $224.0k $224.0k 0.01% Added +75.4k +75,443
54 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 91,21891.2k $173.3k $173.3k 0.00% Unchanged
55 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 89,33389.3k $169.7k $169.7k 0.00% Reduced -691 -691
56 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 87,50387.5k $192.5k $192.5k 0.00% Unchanged
57 Headlands Technologies LLC 0.01% of their portfolio CHICAGO, IL 69,47969.5k $132.0k $132.0k 0.01% Added +14.3k +14,350
58 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 66,40966.4k $126.2k $126.2k 0.00% Unchanged
59 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 63,30463.3k $120.3k $120.3k 0.00% Reduced -226.5k -226,544
60 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 51,59251.6k $98.0k $98.0k 0.00% Reduced -4.0k -3,990
61 TWO SIGMA SECURITIES, LLC 0.01% of their portfolio NEW YORK, NY 49,44149.4k $93.9k $93.9k 0.01% New
62 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 46,20446.2k $87.8k $87.8k 0.00% Reduced -22.0k -22,016
63 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 45,13645.1k $85.0k $85.0k 0.00% Reduced -119.3k -119,270
64 Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio OAKLAND, CA 44,35544.4k $84.3k $84.3k 0.00% Added +3.1k +3,116
65 Centiva Capital, LP 0.00% of their portfolio New York, NY 43,77543.8k $83.2k $83.2k 0.00% Added +11.1k +11,107
66 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 43,40843.4k $82.5k $82.5k 0.00% Reduced -3.2k -3,213
67 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 40,25740.3k $76.5k $76.5k 0.00% Unchanged
68 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 37,21437.2k $70.7k $70.7k 0.00% New
69 Vanguard Investments Australia, Ltd. 0.00% of their portfolio Victoria, C3 37,13137.1k $70.5k $70.5k 0.00% Unchanged
70 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 34,81034.8k $66.1k $66.1k 0.00% New
71 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 34,51634.5k $65.6k $65.6k 0.00% Reduced -171.5k -171,493
72 PCM Encore, LLC 0.01% of their portfolio Aspen, CO 32,75032.8k $62.2k $62.2k 0.01% Unchanged
73 Blueshift Asset Management, LLC 0.01% of their portfolio RED BANK, NJ 25,47625.5k $48.4k $48.4k 0.01% New
74 Mariner, LLC 0.00% of their portfolio Overland Park, KS 21,32621.3k $40.5k $40.5k 0.00% Reduced -1.6k -1,623
75 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 20,72620.7k $39.4k $39.4k 0.00% Added +4.2k +4,165
76 StoneX Group Inc. 0.00% of their portfolio NEW YORK, NY 16,56516.6k $33.5k $33.5k 0.00% New
77 SmartHarvest Portfolios, LLC 0.01% of their portfolio SEATTLE, WA 16,53116.5k $31.4k $31.4k 0.01% Added +4.2k +4,208
78 JMN Financial LLC 0.02% of their portfolio NEW ALBANY, OH 16,45016.4k $31.3k $31.3k 0.02% New
79 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 14,22314.2k $27.0k $27.0k 0.00% Reduced -346 -346
80 IMC-Chicago, LLC 0.00% of their portfolio CHICAGO, IL 13,36813.4k $25.4k $25.4k 0.00% New
81 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 12,49812.5k $23.7k $23.7k 0.00% Unchanged
82 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 11,78311.8k $22.4k $22.4k 0.00% Reduced -179.3k -179,340
83 Numerai GP LLC 0.00% of their portfolio SAN FRANCISCO, CA 11,56211.6k $22.0k $22.0k 0.00% Reduced -16.5k -16,524
84 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 11,02311.0k $20.9k $20.9k 0.00% Unchanged
85 QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio CINCINNATI, OH 10,66910.7k $20.3k $20.3k 0.00% Reduced -36.9k -36,866
86 Ballentine Partners, LLC 0.00% of their portfolio Waltham, MA 10,26910.3k $19.5k $19.5k 0.00% Reduced -979 -979
87 Penserra Capital Management LLC 0.00% of their portfolio ORINDA, CA 6,9727.0k $13.0k $13.0k 0.00% New
88 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 6,1426.1k $12.0k $12.0k 0.00% Reduced -4.0k -3,950
89 Westside Investment Management, Inc. 0.00% of their portfolio SANTA MONICA, CA 4,5844.6k $8.7k $8.7k 0.00% Unchanged
90 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 4,5434.5k $8.6k $8.6k 0.00% Added +3.2k +3,195
91 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 2,9843.0k $5.7k $5.7k 0.00% Reduced -99 -99
92 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 2,8352.8k $5.4k $5.4k 0.00% Reduced -222 -222
93 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 2,2312.2k $4.2k $4.2k 0.00% Reduced -6.0k -5,965
94 Pinnacle Bancorp, Inc. 0.00% of their portfolio BEATRICE, NE 1,8531.9k $3.5k $3.5k 0.00% New
95 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 1,8081.8k $3.4k $3.4k 0.00% Unchanged
96 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 1,3461.3k $2.6k $2.6k 0.00% Reduced -5.3k -5,307
97 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 1,0001.0k $1.9k $1.9k 0.00% Unchanged
98 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 758758 $1.0k $1.0k 0.00% Added +73 +73
99 FMR LLC 0.00% of their portfolio BOSTON, MA 639639 $1.2k $1.2k 0.00% Unchanged
100 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 439439 $817 $817 0.00% New