Mar 31, 2026 filings. Quarterly 13F reports arrive up to 45 days after quarter end; this register is filed through May 29, 2026.
96 institutional managers reported holding RLX for the quarter ended Mar 31, 2026. Together they hold about 21% of shares outstanding; the top 10 hold 17%. 19 opened new positions; 19 closed out. Complete ranked register from SEC 13F filings.
| manager | shares | % out | value (Mar 31, 2026 close) | change | held since |
|---|---|---|---|---|---|
| First Beijing Investment LTD (focused) | 60.13M | 4.91% | $132.0M | trimmed -4.4% | 2023 Q3 |
| IDG China Venture Capital Fund V Associates L.p. (focused) | 57.13M | 4.67% | $125.4M | trimmed -3.7% | 2021 Q4 |
| Vanguard Group | 28.17M | 2.30% | $61.8M | added +3.6% | 2021 Q1 |
| OLP Capital Management LTD (focused) | 13.19M | 1.08% | $28.9M | opened | 2026 Q1 |
| D. E. Shaw | 9.61M | 0.79% | $21.1M | added +1.9% | 2022 Q4 |
| BlackRock | 9.52M | 0.78% | $20.9M | added +5.9% | 2021 Q1 |
| Aspex Management (HK) LTD (focused) | 7.90M | 0.65% | $17.3M | unchanged | 2023 Q2 |
| Perseverance Asset Management International (focused) | 7.50M | 0.61% | $16.5M | trimmed -3.8% | 2022 Q2 |
| Oasis Management CO LTD. | 6.50M | 0.53% | $14.3M | unchanged | 2021 Q4 |
| Barclays PLC | 6.05M | 0.49% | $13.3M | unchanged | 2022 Q1 |
| Morgan Stanley | 5.77M | 0.47% | $12.7M | trimmed -7.7% | 2021 Q1 |
| Pictet Asset Management Holding SA | 3.75M | 0.31% | $8.2M | added +1517.6% | 2021 Q1 |
| State Street | 3.33M | 0.27% | $7.3M | added +1.6% | 2021 Q1 |
| Citadel Advisors | 3.17M | 0.26% | $7.0M | added +123.5% | 2021 Q1 |
| Acadian Asset Management | 3.06M | 0.25% | $6.7M | added +2763.5% | 2025 Q4 |
| Marshall Wace | 2.64M | 0.21% | $5.8M | added +344% | 2021 Q1 |
| Bank OF America CORP /DE/ | 2.45M | 0.20% | $5.4M | added +113% | 2021 Q1 |
| Nomura Asset Management International INC. | 2.36M | 0.19% | $5.2M | trimmed -49.2% | 2021 Q1 |
| Goldman Sachs | 2.21M | 0.18% | $4.8M | trimmed -5.2% | 2021 Q1 |
| Connor, Clark & Lunn Investment Management LTD. | 2.16M | 0.18% | $4.7M | added +4.5% | 2024 Q3 |
| UBS | 1.54M | 0.13% | $3.4M | trimmed -14.1% | 2021 Q1 |
| Capitolis Liquid Global Markets LLC | 1.51M | 0.12% | $3.3M | unchanged | 2025 Q4 |
| Renaissance Technologies | 898.4k | 0.07% | $2.0M | opened | 2021 Q2 |
| Charles Schwab Investment Management | 865.1k | 0.07% | $1.9M | unchanged | 2021 Q2 |
| Legal & General Group PLC | 826.1k | 0.07% | $1.8M | trimmed -6.4% | 2021 Q1 |
| Assenagon Asset Management S.a. | 752.0k | 0.06% | $1.7M | trimmed -9.8% | 2025 Q2 |
| Two Sigma | 627.8k | 0.05% | $1.4M | added +31.1% | 2024 Q3 |
| Northern Trust | 620.6k | 0.05% | $1.4M | trimmed -8.4% | 2021 Q1 |
| GSA Capital Partners LLP | 595.0k | 0.05% | $1.3M | added +26.8% | 2025 Q2 |
| BNP Paribas Financial Markets | 579.7k | 0.05% | $1.3M | added +49.3% | 2025 Q3 |
| Mackenzie Financial CORP | 528.7k | 0.04% | $1.2M | trimmed -87.5% | 2025 Q3 |
| Invesco | 508.4k | 0.04% | $1.1M | trimmed -2.6% | 2023 Q2 |
| Arrowstreet Capital | 507.9k | 0.04% | $1.1M | trimmed -41.8% | 2025 Q3 |
| Franklin Resources | 452.9k | 0.04% | $994k | trimmed -11.3% | 2021 Q2 |
| Public Employees Retirement System OF Ohio | 372.2k | 0.03% | $817k | trimmed -2.3% | 2024 Q3 |
| Police & Firemen's Retirement System of New Jersey | 363.8k | 0.03% | $799k | added +299.3% | 2024 Q4 |
| Millennium Management | 350.5k | 0.03% | $769k | added +68.8% | 2022 Q4 |
| Susquehanna Portfolio Strategies, LLC | 333.6k | 0.03% | $732k | trimmed -31.5% | 2025 Q2 |
| SEI Investments CO | 312.5k | 0.03% | $686k | opened | 2026 Q1 |
| HighVista Strategies LLC | 311.7k | 0.03% | $684k | opened | 2026 Q1 |
| BNY Mellon | 290.2k | 0.02% | $637k | unchanged | 2025 Q4 |
| Jane Street | 289.8k | 0.02% | $636k | trimmed -87.7% | 2021 Q1 |
| Commonwealth OF Pennsylvania Public School Empls Retrmt SYS | 257.9k | 0.02% | $566k | opened | 2026 Q1 |
| US Bancorp \DE\ | 257.5k | 0.02% | $565k | added +1762.8% | 2022 Q2 |
| Geode Capital | 251.2k | 0.02% | $551k | added +33.9% | 2021 Q1 |
| Nuveen | 208.7k | 0.02% | $458k | unchanged | 2021 Q1 |
| Susquehanna International Group | 206.0k | 0.02% | $452k | trimmed -37.1% | 2021 Q1 |
| Guggenheim Capital LLC | 199.7k | 0.02% | $438k | opened | 2026 Q1 |
| XTX Topco LTD | 191.1k | 0.02% | $420k | trimmed -51.1% | 2023 Q1 |
| Point72 | 179.3k | 0.01% | $394k | opened | 2026 Q1 |
Largest 50 of 96 shown; the full ranked, searchable register is at boothcheck.com/holders/RLX. Related filers are grouped using the filings' own included-manager declarations. Historically, several managers opening new positions in the same quarter said almost nothing about the quarter that followed (59,118 cases since 2013). A filed record, not a forecast. Nothing here is investment advice.