Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in RLX held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | First Beijing Investment Ltd | 60.1M | $132.3M | -4.3% | 4.920% | 5.71% |
| 2 | IDG China Venture Capital Fund V Associates L.P. | 57.1M | $125.7M | -3.7% | 4.674% | 100.00% |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 21.5M | $47.2M | β | 1.757% | 0.00% |
| 4 | OCEANLINK MANAGEMENT LTD. | 13.2M | $29.0M | β | 1.079% | 6.15% |
| 5 | D. E. Shaw & Co., Inc. | 9.6M | $21.1M | +1.9% | 0.786% | 0.02% |
| 6 | BlackRock, Inc. | 9.5M | $21.0M | +5.9% | 0.779% | 0.00% |
| 7 | Perseverance Asset Management International | 7.5M | $16.5M | -3.8% | 0.613% | 1.81% |
| 8 | Oasis Management Co Ltd. | 6.5M | $14.3M | 0.0% | 0.532% | 2.58% |
| 9 | BARCLAYS PLC | 6.0M | $13.3M | -0.0% | 0.495% | 0.01% |
| 10 | MORGAN STANLEY | 5.8M | $12.7M | -7.7% | 0.472% | 0.00% |
| 11 | VANGUARD FIDUCIARY TRUST CO | 5.6M | $12.4M | β | 0.460% | 0.00% |
| 12 | Pictet Asset Management Holding SA | 3.8M | $8.3M | +1517.6% | 0.307% | 0.01% |
| 13 | STATE STREET CORP | 3.3M | $7.3M | +1.6% | 0.272% | 0.00% |
| 14 | CITADEL ADVISORS LLC | 3.2M | $7.1M | +120.5% | 0.265% | 0.00% |
| 15 | MARSHALL WACE, LLP | 2.6M | $5.8M | +344.0% | 0.216% | 0.01% |
| 16 | BANK OF AMERICA CORP /DE/ | 2.4M | $5.4M | +113.0% | 0.200% | 0.00% |
| 17 | NOMURA HOLDINGS INC | 2.4M | $5.2M | -49.2% | 0.193% | 0.02% |
| 18 | GOLDMAN SACHS GROUP INC | 2.2M | $4.9M | -5.2% | 0.181% | 0.00% |
| 19 | Connor, Clark & Lunn Investment Management Ltd. | 2.2M | $4.8M | +4.5% | 0.177% | 0.01% |
| 20 | CAPITOLIS LIQUID GLOBAL MARKETS LLC | 1.5M | $3.3M | 0.0% | 0.124% | 0.02% |
| 21 | UBS Group AG | 1.3M | $2.9M | -26.7% | 0.108% | 0.00% |
| 22 | VANGUARD ASSET MANAGEMENT, Ltd | 1.0M | $2.2M | β | 0.082% | 0.00% |
| 23 | RENAISSANCE TECHNOLOGIES LLC | 898K | $2.0M | β | 0.073% | 0.00% |
| 24 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 865K | $1.9M | -0.3% | 0.071% | 0.00% |
| 25 | Legal & General Group Plc | 826K | $1.8M | -6.4% | 0.068% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in RLX β a direct measure of their conviction.
Filings activity in RLX during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 101 | +4.1% | 21.24% | 0.91 pp | $532M | 4.1% |
| Q4 2025 | 97 | +7.8% | 22.15% | 4.24 pp | $555M | 16% |
| Q3 2025 | 90 | 6.3% | 26.39% | +3.53 pp | $661M | +15% |
| Q2 2025 | 96 | +1.1% | 22.86% | +4.45 pp | $573M | +24% |
| Q1 2025 | 95 | 7.8% | 18.41% | 2.21 pp | $461M | 11% |
| Q4 2024 | 103 | +2.0% | 20.62% | +2.67 pp | $517M | +15% |
| Q3 2024 | 101 | +7.4% | 17.95% | 1.18 pp | $450M | 6.2% |
| Q2 2024 | 94 | β | 19.13% | β | $479M | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying RLX stock.
Based on Q1 2026 13F filings, institutional ownership of RLX Technology Inc. stands at 21.2%, held across 101 reporting institutions.
First Beijing Investment Ltd is the largest reported institutional holder of RLX, with approximately 60,129,671 shares worth $0.13B as of Q1 2026.
Yes β 2 widely-followed marquee investors appear among the top 25 institutional holders of RLX, including CITADEL ADVISORS LLC, RENAISSANCE TECHNOLOGIES LLC.
Our composite Smart Money Score for RLX is 51 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
24 institutions opened new positions in RLX during Q1 2026, while 20 fully exited. 26 added to existing positions and 49 trimmed.
RLX institutional ownership fell by 0.91 percentage points quarter-over-quarter, with a net change of +4 holders.
The top 10 institutions account for 81.4% of all reported 13F value in RLX, and the top 25 account for 95.5%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
RLX Technology Inc. (RLX) Institutional Ownership