Who owns RLX Technology (RLX)
Which tracked institutional funds hold RLX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See RLX company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on RLX is one-sided between 2026-Q1 and 2026-Q2: 6 added or opened and 38 trimmed or exited — on balance reducing.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
RLX’s largest tracked holder by dollar value, First Beijing Investment Ltd, sizes it at 4.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 4.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in RLX divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 98 tracked filers holding RLX, 37 increased or opened the position and 63 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in RLX between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 2
- Qube Research & Technologies Ltd$813K
- Man Group plc$550K
Full exits 5
- Aspex Management (HK) Ltd$17M
- ACADIAN ASSET MANAGEMENT LLC$7M
- GSA CAPITAL PARTNERS LLP$1M
- Susquehanna Portfolio Strategies, LLC$734K
- HighVista Strategies LLC$686K
Largest adds
- NOMURA HOLDINGS INC$38M
- TWO SIGMA INVESTMENTS, LP$3M
- COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS$757K
- JPMORGAN CHASE & CO$347K
Largest trims
- IDG China Venture Capital Fund V Associates L.P.$21M
- First Beijing Investment Ltd$19M
- VANGUARD CAPITAL MANAGEMENT LLC$7M
- MORGAN STANLEY$5M
- MARSHALL WACE, LLP$5M
- CITADEL ADVISORS LLC$5M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| First Beijing Investment Ltd trimmed | 59,821,839 | $114M | 18.1% | 2026-Q2 |
| IDG China Venture Capital Fund V Associates L.P. trimmed | 55,074,473 | $105M | 16.7% | 2026-Q2 |
| NOMURA HOLDINGS INC added | 22,583,602 | $43M | 6.8% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 20,925,425 | $40M | 6.3% | 2026-Q2 |
| OLP CAPITAL MANAGEMENT Ltd added | 13,322,760 | $25M | 4.0% | 2026-Q2 |
| BlackRock, Inc. added | 9,634,820 | $18M | 2.9% | 2026-Q2 |
| D. E. Shaw & Co., Inc. trimmed | 9,550,710 | $18M | 2.9% | 2026-Q2 |
| Perseverance Asset Management International trimmed | 7,360,737 | $14M | 2.2% | 2026-Q2 |
| Oasis Management Co Ltd. | 6,497,600 | $12M | 2.0% | 2026-Q2 |
| BARCLAYS PLC | 6,048,550 | $11M | 1.8% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 5,645,844 | $11M | 1.7% | 2026-Q2 |
| Pictet Asset Management Holding SA added | 3,933,703 | $7M | 1.2% | 2026-Q2 |
| MORGAN STANLEY trimmed | 3,906,504 | $7M | 1.2% | 2026-Q2 |
| STATE STREET CORP trimmed | 2,993,983 | $6M | 0.9% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 2,457,161 | $5M | 0.7% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 2,343,695 | $4M | 0.7% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 2,172,378 | $4M | 0.7% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 2,157,166 | $4M | 0.7% | 2026-Q2 |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC | 1,510,200 | $3M | 0.5% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 1,012,371 | $2M | 0.3% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 862,910 | $2M | 0.3% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 804,969 | $2M | 0.2% | 2026-Q2 |
| UBS Group AG trimmed | 789,429 | $1M | 0.2% | 2026-Q2 |
| Legal & General Group Plc trimmed | 775,522 | $1M | 0.2% | 2026-Q2 |
| Assenagon Asset Management S.A. trimmed | 727,510 | $1M | 0.2% | 2026-Q2 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS added | 696,959 | $1M | 0.2% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 675,675 | $1M | 0.2% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 590,273 | $1M | 0.2% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 570,657 | $1M | 0.2% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP trimmed | 498,877 | $948K | 0.2% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 451,312 | $857K | 0.1% | 2026-Q2 |
| Invesco Ltd. trimmed | 447,689 | $851K | 0.1% | 2026-Q2 |
| Qube Research & Technologies Ltd new | 427,749 | $813K | 0.1% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO trimmed | 354,811 | $674K | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 346,211 | $651K | 0.1% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 299,366 | $569K | 0.1% | 2026-Q2 |
| Bank of New York Mellon Corp added | 296,456 | $563K | 0.1% | 2026-Q2 |
| Man Group plc trimmed | 289,676 | $550K | 0.1% | 2026-Q2 |
| GUGGENHEIM CAPITAL LLC added | 272,445 | $518K | 0.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 262,618 | $499K | 0.1% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 262,200 | $498K | 0.1% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 244,556 | $465K | 0.1% | 2026-Q2 |
| Police & Firemen's Retirement System of New Jersey trimmed | 242,974 | $462K | 0.1% | 2026-Q2 |
| US BANCORP \DE\ trimmed | 235,675 | $448K | 0.1% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 222,099 | $422K | 0.1% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 214,739 | $408K | 0.1% | 2026-Q2 |
| Polymer Capital Management (HK) LTD added | 202,502 | $385K | 0.1% | 2026-Q2 |
| Nuveen, LLC trimmed | 146,400 | $278K | 0.0% | 2026-Q2 |
| Vident Advisory, LLC added | 138,868 | $264K | 0.0% | 2026-Q2 |
| WINTON GROUP Ltd added | 117,910 | $224K | 0.0% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. | 87,503 | $193K | 0.0% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND | 91,218 | $173K | 0.0% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 89,333 | $170K | 0.0% | 2026-Q2 |
| Headlands Technologies LLC added | 69,479 | $132K | 0.0% | 2026-Q2 |
| Creative Planning | 66,409 | $126K | 0.0% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 63,304 | $120K | 0.0% | 2026-Q2 |
| SIGNATUREFD, LLC trimmed | 51,592 | $98K | 0.0% | 2026-Q2 |
| TWO SIGMA SECURITIES, LLC trimmed | 49,441 | $94K | 0.0% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC trimmed | 46,204 | $88K | 0.0% | 2026-Q2 |
| Vanguard Personalized Indexing Management, LLC added | 44,355 | $84K | 0.0% | 2026-Q2 |
| Centiva Capital, LP added | 43,775 | $83K | 0.0% | 2026-Q2 |
| GROUP ONE TRADING LLC trimmed | 43,408 | $82K | 0.0% | 2026-Q2 |
| HSBC HOLDINGS PLC | 40,257 | $76K | 0.0% | 2026-Q2 |
| Engineers Gate Manager LP trimmed | 37,214 | $71K | 0.0% | 2026-Q2 |
| Vanguard Investments Australia, Ltd. | 37,131 | $71K | 0.0% | 2026-Q2 |
| VANGUARD GROUP INC added | 27,144,029 | $63M | 10.1% | 2025-Q4 stale (2 quarters behind) |
| Aspex Management (HK) Ltd | 7,901,172 | $17M | 2.8% | 2026-Q1 stale (1 quarter behind) |
| Wildcat Capital Management, LLC trimmed | 6,418,183 | $17M | 2.7% | 2025-Q3 stale (3 quarters behind) |
| Orland Properties Ltd trimmed | 4,612,138 | $10M | 1.6% | 2025-Q2 stale (4 quarters behind) |
| CANADA PENSION PLAN INVESTMENT BOARD added | 3,804,284 | $8M | 1.3% | 2025-Q2 stale (4 quarters behind) |
| ACADIAN ASSET MANAGEMENT LLC added | 3,061,441 | $7M | 1.1% | 2026-Q1 stale (1 quarter behind) |
| NORGES BANK new | 3,428,035 | $6M | 1.0% | 2025-Q3 stale (3 quarters behind) |
| Hosking Partners LLP trimmed | 1,955,552 | $5M | 0.7% | 2025-Q4 stale (2 quarters behind) |
| Focus Partners Wealth added | 1,947,612 | $5M | 0.7% | 2025-Q4 stale (2 quarters behind) |
| Walleye Capital LLC added | 607,936 | $1M | 0.2% | 2025-Q4 stale (2 quarters behind) |
| GSA CAPITAL PARTNERS LLP added | 595,034 | $1M | 0.2% | 2026-Q1 stale (1 quarter behind) |
| NATIONAL BANK OF CANADA /FI/ new | 400,000 | $1M | 0.2% | 2025-Q3 stale (3 quarters behind) |
| TWO SIGMA ADVISERS, LP added | 396,200 | $923K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Susquehanna Portfolio Strategies, LLC trimmed | 333,624 | $734K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| HighVista Strategies LLC new | 311,700 | $686K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Point72 Asset Management, L.P. trimmed | 179,295 | $394K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| HRT FINANCIAL LP added | 164,406 | $361K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| JUPITER ASSET MANAGEMENT LTD new | 148,508 | $346K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| PRUDENTIAL FINANCIAL INC new | 105,000 | $276K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| WT Asset Management Ltd new | 97,696 | $228K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Cache Advisors, LLC | 71,777 | $189K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Empowered Funds, LLC new | 71,851 | $167K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Cornerstone Investment Partners, LLC trimmed | 67,909 | $158K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Laird Norton Wetherby Wealth Management, LLC trimmed | 49,455 | $130K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Pinpoint Asset Management (Singapore) Pte. Ltd. new | 49,850 | $110K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| SIMPLEX TRADING, LLC trimmed | 47,470 | $104K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| VIRTUS ADVISERS, LLC | 43,796 | $102K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Y-Intercept (Hong Kong) Ltd trimmed | 44,757 | $99K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| West Family Investments, Inc. | 41,577 | $97K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Squarepoint Ops LLC trimmed | 40,493 | $89K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| AXQ CAPITAL, LP added | 35,253 | $78K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| PROFUND ADVISORS LLC trimmed | 32,342 | $75K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Virtu Financial LLC trimmed | 33,768 | $74K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Brevan Howard Capital Management LP new | 27,878 | $73K | 0.0% | 2025-Q3 stale (3 quarters behind) |
1 parent filing withheld from the table above, and from the coverage figures, to avoid listing one book twice: Capitolis Liquid Global Markets LLC (last filed 2025-Q4, 1,510,200 shares) reconciles to its 1 current affiliate (1,510,200 shares) — 0.000% apart.
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.