RLX Technology Inc. (RLX) Institutional Ownership

Ownership Summary

RLX Technology Inc. (NYSE:RLX) has 96 institutional investors that have filed 13F reports for the period ending December 2025.

• These investors held 18.9% of outstanding shares in December 2025, down from 19.5% in September 2025.
• They increased total shares held in RLX Technology by 0.12% from last quarter, and the number of investors in RLX decreased 7.69% annually.
• Of these 96 holders, 50 added to their stakes in RLX Technology, 27 trimmed positions, and 19 made no changes.
• Altogether, these fund groups held 244.97Mn shares in RLX by December 2025, up by 283.75K shares quarter on quarter, and down 21.36Mn shares year over year.
• As of December 31, 2025, the biggest holder of RLX Technology is First Beijing Investment Ltd at 60.13Mn shares, representing 4.64% of shares outstanding.
• Leading buyers of RLX Technology shares for the quarter ending December 2025 were VANGUARD CAPITAL MANAGEMENT LLC (21.47Mn), OLP CAPITAL MANAGEMENT Ltd (13.19Mn), VANGUARD FIDUCIARY TRUST CO (5.62Mn), Pictet Asset Management Holding SA (3.52Mn), ACADIAN ASSET MANAGEMENT LLC (2.95Mn).
• The largest sales of RLX for the quarter ending December 2025 came from MACKENZIE FINANCIAL CORP (3.69Mn), First Beijing Investment Ltd (2.73Mn), Goldman Sachs Group Inc (2.45Mn), Nomura Holdings Inc (2.29Mn), IDG China Venture Capital Fund V Associates L.P. (2.2Mn).
• Per Business Quant data, the top 10 holders of RLX Technology for the quarter ending December 2025 are First Beijing Investment Ltd (60.13Mn), IDG China Venture Capital Fund V Associates L.P. (57.13Mn), VANGUARD CAPITAL MANAGEMENT LLC (21.47Mn), OLP CAPITAL MANAGEMENT Ltd (13.19Mn), D. E. Shaw & Co., Inc. (9.61Mn), BlackRock, Inc. (9.52Mn), Aspex Management (HK) Ltd (7.9Mn), Perseverance Asset Management International (7.5Mn), Oasis Management Co Ltd. (6.5Mn), Barclays Plc (6.05Mn).