New Positions
19 managers initiated
Top five by reported value
RLX Technology Inc NEW YORK STOCK EXCHANGE, INC.:RLX
Institutional holders, quarter-over-quarter share deltas, and new and closed positions disclosed in Form 13F. Period 2025-12-31 · prior 2025-09-30.
19 new35 added44 reduced15 exited
Total Institutional Holders
98
as of 2025-12-31
Top Holder
First Beijing Investment Ltd
$146.5M
Largest QoQ Increase
NOMURA HOLDINGS INC
+3,735,692 sh
Largest QoQ Decrease
JANE STREET GROUP, LLC
-14,277,577 sh
New Positions(19)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Capitolis Liquid Global Markets LLC | 1,510,200 | +1,510,200 | $3.5M | +$3.5M | — |
| Bank of New York Mellon Corp | 290,590 | +290,590 | $677.1K | +$677.1K | — |
| JUPITER ASSET MANAGEMENT LTD | 148,508 | +148,508 | $346.0K | +$346.0K | — |
| WT Asset Management Ltd | 97,696 | +97,696 | $227.6K | +$227.6K | — |
| Empowered Funds, LLC | 71,851 | +71,851 | $167.4K | +$167.4K | — |
| Cornerstone Investment Partners, LLC | 67,909 | +67,909 | $158.2K | +$158.2K | — |
| PCM Encore, LLC | 32,750 | +32,750 | $76.3K | +$76.3K | — |
| Centiva Capital, LP | 21,691 | +21,691 | $50.5K | +$50.5K | — |
| Blueshift Asset Management, LLC | 19,292 | +19,292 | $45.0K | +$45.0K | — |
| SmartHarvest Portfolios, LLC | 17,158 | +17,158 | $40.0K | +$40.0K | — |
| AXQ CAPITAL, LP | 12,941 | +12,941 | $30.2K | +$30.2K | — |
| INSIGNEO ADVISORY SERVICES, LLC | 12,498 | +12,498 | $29.1K | +$29.1K | — |
| Schonfeld Strategic Advisors LLC | 11,163 | +11,163 | $26.0K | +$26.0K | — |
| SRS Capital Advisors, Inc. | 6,452 | +6,452 | $15.0K | +$15.0K | — |
| DV EQUITIES, LLC | 3,400 | +3,400 | $7.9K | +$7.9K | — |
| Allworth Financial LP | 3,057 | +3,057 | $7.1K | +$7.1K | — |
| Newbridge Financial Services Group, Inc. | 200 | +200 | $466 | +$466 | — |
| ACADIAN ASSET MANAGEMENT LLC | 106,912 | +106,912 | $248 | +$248 | — |
| CITIGROUP INC | 1 | +1 | $2 | +$2 | — |
Added To(35)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| NOMURA HOLDINGS INC | 4,651,811 | +3,735,692 | $10.8M | +$8.4M | 407.8% |
| VANGUARD GROUP INC | 27,144,029 | +206,347 | $63.2M | -$7.6M | 0.8% |
| BARCLAYS PLC | 6,155,466 | +41,916 | $13.6M | -$2.5M | 0.7% |
| BANK OF AMERICA CORP /DE/ | 1,149,880 | +1,056,934 | $2.7M | +$2.4M | 1137.1% |
| MACKENZIE FINANCIAL CORP | 4,218,617 | +1,214,766 | $9.6M | +$1.7M | 40.4% |
| Oasis Management Co Ltd. | 6,497,600 | +150,784 | $15.1M | -$1.6M | 2.4% |
| Perseverance Asset Management International | 7,790,928 | +325,361 | $18.2M | -$1.5M | 4.3% |
| UBS Group AG | 1,794,749 | +670,848 | $4.2M | +$1.2M | 59.7% |
| BNP PARIBAS ARBITRAGE, SNC | 388,300 | +365,323 | $904.7K | +$844.3K | 1590.0% |
| TWO SIGMA INVESTMENTS, LP | 478,800 | +356,000 | $1.1M | +$792.6K | 289.9% |
| SIMPLEX TRADING, LLC | 333,276 | +23,066 | $776.5K | +$775.7K | 7.4% |
| STATE STREET CORP | 3,275,082 | +141,621 | $7.6M | -$611.1K | 4.5% |
| Focus Partners Wealth | 1,947,612 | +810 | $4.5M | -$582.2K | 0.0% |
| XTX Topco Ltd | 390,880 | +236,153 | $910.8K | +$503.8K | 152.6% |
| Mariner, LLC | 1,671,582 | +3,106 | $3.9M | -$493.4K | 0.2% |
| JPMORGAN CHASE & CO | 1,047,837 | +239,248 | $2.4M | +$314.9K | 29.6% |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 868,097 | +1,270 | $2.0M | -$257.1K | 0.1% |
| Virtus ETF Advisers LLC | 131,388 | +87,592 | $314.0K | +$198.8K | 200.0% |
| NORTHERN TRUST CORP | 677,795 | +2,265 | $1.6M | -$197.4K | 0.3% |
| Walleye Capital LLC | 607,936 | +130,710 | $1.4M | +$161.4K | 27.4% |
| Squarepoint Ops LLC | 167,461 | +78,119 | $390.2K | +$155.2K | 87.4% |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | 380,820 | +8,509 | $887.3K | -$91.9K | 2.3% |
| Legal & General Group Plc | 882,982 | +131,070 | $2.1M | +$80.6K | 17.4% |
| FRANKLIN RESOURCES INC | 510,695 | +27,917 | $1.2M | -$79.8K | 5.8% |
| GEODE CAPITAL MANAGEMENT, LLC | 187,612 | +3,788 | $437.1K | -$46.3K | 2.1% |
| Tower Research Capital LLC (TRC) | 19,150 | +13,205 | $44.6K | +$29.0K | 222.1% |
| TWO SIGMA ADVISERS, LP | 396,200 | +34,200 | $923.1K | -$28.9K | 9.4% |
| Vident Advisory, LLC | 92,578 | +1,128 | $215.7K | -$24.8K | 1.2% |
| Pictet Asset Management Holding SA | 231,967 | +33,900 | $540.5K | +$19.6K | 17.1% |
| MILLENNIUM MANAGEMENT LLC | 207,609 | +28,052 | $483.7K | +$11.5K | 15.6% |
| Vanguard Personalized Indexing Management, LLC | 45,016 | +876 | $104.9K | -$11.2K | 2.0% |
| Mirae Asset Global Investments Co., Ltd. | 21,458 | +165 | $50.0K | -$6.0K | 0.8% |
| EverSource Wealth Advisors, LLC | 5,588 | +1,279 | $13.0K | +$1.7K | 29.7% |
| SBI Securities Co., Ltd. | 1,480 | +19 | $3.4K | -$394 | 1.3% |
| HRT FINANCIAL LP | 132,011 | +102,707 | $307 | +$230 | 350.5% |
Reduced(44)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| JANE STREET GROUP, LLC | 2,432,482 | -14,277,577 | $5.7M | -$38.3M | -85.4% |
| IDG China Venture Capital Fund V Associates L.P. | 59,332,622 | -736,248 | $138.2M | -$19.7M | -1.2% |
| First Beijing Investment Ltd | 62,864,424 | 0 | $146.5M | -$18.9M | 0.0% |
| D. E. Shaw & Co., Inc. | 9,434,123 | -467,032 | $22.0M | -$4.1M | -4.7% |
| MARSHALL WACE, LLP | 593,869 | -1,473,359 | $1.4M | -$4.1M | -71.3% |
| MORGAN STANLEY | 6,250,492 | -641,736 | $14.6M | -$3.6M | -9.3% |
| CITADEL ADVISORS LLC | 1,467,271 | -1,090,724 | $3.4M | -$3.3M | -42.6% |
| BlackRock, Inc. | 8,996,110 | -19,110 | $21.0M | -$2.7M | -0.2% |
| GOLDMAN SACHS GROUP INC | 2,329,229 | -91,967 | $5.4M | -$940.6K | -3.8% |
| Connor, Clark & Lunn Investment Management Ltd. | 2,065,820 | -53,080 | $4.8M | -$759.3K | -2.5% |
| Hosking Partners LLP | 1,955,552 | -17,497 | $4.6M | -$632.7K | -0.9% |
| UBS ASSET MANAGEMENT AMERICAS INC | 1,639 | -223,561 | $3.8K | -$588.5K | -99.3% |
| Susquehanna Portfolio Strategies, LLC | 486,884 | -112,660 | $1.1M | -$442.4K | -18.8% |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 872,907 | -34,989 | $2.0M | -$353.9K | -3.9% |
| Assenagon Asset Management S.A. | 833,551 | -34,291 | $1.9M | -$340.3K | -4.0% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 327,586 | -80,417 | $763.3K | -$309.8K | -19.7% |
| Invesco Ltd. | 522,227 | -25,967 | $1.2M | -$225.0K | -4.7% |
| Police & Firemen's Retirement System of New Jersey | 91,114 | -39,000 | $212.3K | -$129.9K | -30.0% |
| Headlands Technologies LLC | 12,685 | -35,154 | $29.6K | -$96.3K | -73.5% |
| Nuveen, LLC | 208,700 | 0 | $486.3K | -$62.6K | 0.0% |
| Numerai GP LLC | 59,565 | -10,892 | $138.8K | -$46.5K | -15.4% |
| Walleye Trading LLC | 121,900 | 0 | $284.0K | -$36.6K | 0.0% |
| Russell Investments Group, Ltd. | 115,688 | 0 | $269.6K | -$34.7K | 0.0% |
| Creative Planning | 67,835 | -5,302 | $158.1K | -$34.3K | -7.2% |
| Royal Bank of Canada | 5,901 | -16,296 | $14.0K | -$32.0K | -73.4% |
| PROFUND ADVISORS LLC | 32,342 | -7,963 | $75.4K | -$30.6K | -19.8% |
| Polymer Capital Management (HK) LTD | 98,800 | 0 | $230.2K | -$29.6K | 0.0% |
| ALLIANCEBERNSTEIN L.P. | 87,503 | 0 | $203.9K | -$26.3K | 0.0% |
| SIGNATUREFD, LLC | 58,003 | 0 | $135.1K | -$17.4K | 0.0% |
| QUADRANT CAPITAL GROUP LLC | 50,078 | 0 | $116.7K | -$15.0K | 0.0% |
| Caitong International Asset Management Co., Ltd | 969 | -5,016 | $2.3K | -$13.5K | -83.8% |
| West Family Investments, Inc. | 41,577 | 0 | $96.9K | -$12.5K | 0.0% |
| RHUMBLINE ADVISERS | 11,023 | -1,712 | $25.7K | -$7.8K | -13.4% |
| Parallel Advisors, LLC | 16,561 | 0 | $38.6K | -$5.0K | 0.0% |
| US BANCORP \DE\ | 13,823 | 0 | $32.2K | -$4.1K | 0.0% |
| Ballentine Partners, LLC | 11,248 | 0 | $26.2K | -$3.4K | 0.0% |
| Aspex Management (HK) Ltd | 7,901,172 | 0 | $18.4K | -$2.4K | 0.0% |
| Westside Investment Management, Inc. | 4,584 | 0 | $10.6K | -$1.5K | 0.0% |
| ASSETMARK, INC | 628 | -305 | $1.5K | -$991 | -32.7% |
| GSA CAPITAL PARTNERS LLP | 469,254 | -121,208 | $1.1K | -$460 | -20.5% |
| NewEdge Advisors, LLC | 1,000 | 0 | $2.3K | -$300 | 0.0% |
| FMR LLC | 639 | 0 | $1.5K | -$192 | 0.0% |
| Optiver Holding B.V. | 1 | 0 | $2 | -$1 | 0.0% |
| BESSEMER GROUP INC | 163 | 0 | $0 | $0 | 0.0% |
Sold Out(15)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Wildcat Capital Management, LLC | 0 | -6,418,183 | $0 | -$16.9M | — |
| NORGES BANK | 0 | -3,428,035 | $0 | -$6.2M | — |
| RENAISSANCE TECHNOLOGIES LLC | 0 | -869,300 | $0 | -$2.3M | — |
| NATIONAL BANK OF CANADA /FI/ | 0 | -400,000 | $0 | -$1.1M | — |
| PRUDENTIAL FINANCIAL INC | 0 | -105,000 | $0 | -$276.1K | — |
| Cache Advisors, LLC | 0 | -71,777 | $0 | -$188.8K | — |
| WETHERBY ASSET MANAGEMENT INC | 0 | -49,455 | $0 | -$130.1K | — |
| HSBC HOLDINGS PLC | 0 | -40,257 | $0 | -$105.9K | — |
| Brevan Howard Capital Management LP | 0 | -27,878 | $0 | -$73.3K | — |
| Cresset Asset Management, LLC | 0 | -25,000 | $0 | -$65.8K | — |
| ABN AMRO INVESTMENT SOLUTIONS | 0 | -21,600 | $0 | -$46.7K | — |
| ADVISOR GROUP HOLDINGS, INC. | 0 | -150 | $0 | -$395 | — |
| Ronald Blue Trust, Inc. | 0 | -122 | $0 | -$321 | — |
| SG Americas Securities, LLC | 0 | -24,609 | $0 | -$65 | — |
| SHELL ASSET MANAGEMENT CO | 0 | -9,209 | $0 | -$24 | — |
Top Holders by reported value
Ranked by the dollar value reported on the latest Form 13F. Share counts reflect long positions as of 2025-12-31.
| Manager | Shares | $ Value | Δ Shares | QoQ % |
|---|---|---|---|---|
| First Beijing Investment Ltd | 62,864,424 | $146.5M | 0 | 0.0% |
| IDG China Venture Capital Fund V Associates L.P. | 59,332,622 | $138.2M | -736,248 | -1.2% |
| VANGUARD GROUP INC | 27,144,029 | $63.2M | +206,347 | 0.8% |
| D. E. Shaw & Co., Inc. | 9,434,123 | $22.0M | -467,032 | -4.7% |
| BlackRock, Inc. | 8,996,110 | $21.0M | -19,110 | -0.2% |
| Perseverance Asset Management International | 7,790,928 | $18.2M | +325,361 | 4.3% |
| Oasis Management Co Ltd. | 6,497,600 | $15.1M | +150,784 | 2.4% |
| MORGAN STANLEY | 6,250,492 | $14.6M | -641,736 | -9.3% |
| BARCLAYS PLC | 6,155,466 | $13.6M | +41,916 | 0.7% |
| NOMURA HOLDINGS INC | 4,651,811 | $10.8M | +3,735,692 | 407.8% |
| MACKENZIE FINANCIAL CORP | 4,218,617 | $9.6M | +1,214,766 | 40.4% |
| STATE STREET CORP | 3,275,082 | $7.6M | +141,621 | 4.5% |
| JANE STREET GROUP, LLC | 2,432,482 | $5.7M | -14,277,577 | -85.4% |
| GOLDMAN SACHS GROUP INC | 2,329,229 | $5.4M | -91,967 | -3.8% |
| Connor, Clark & Lunn Investment Management Ltd. | 2,065,820 | $4.8M | -53,080 | -2.5% |
| Hosking Partners LLP | 1,955,552 | $4.6M | -17,497 | -0.9% |
| Focus Partners Wealth | 1,947,612 | $4.5M | +810 | 0.0% |
| UBS Group AG | 1,794,749 | $4.2M | +670,848 | 59.7% |
| Mariner, LLC | 1,671,582 | $3.9M | +3,106 | 0.2% |
| Capitolis Liquid Global Markets LLC | 1,510,200 | $3.5M | +1,510,200 | — |
New & Closed Positions this quarter
Closed Positions
15 managers exited
Top five by prior-quarter value
Methodology
Form 13F is the SEC's quarterly disclosure for institutional investment managers exercising discretion over $100 million or more in qualifying U.S. equity securities. Managers must file within 45 days of each calendar quarter end, which is why holdings shown here reflect a snapshot at the period date — not real-time positioning.
Quarter-over-quarter deltas compare each manager's most recently reported share count for RLX against its prior-quarter count. New positions are entries where the prior count was zero; closed positions are entries where the current count is zero. Amendments (13F-HR/A) replace prior filings for the same period.
Source: SEC EDGAR Form 13F (XML information tables). Dollar values are as reported by the manager and may use mid-quarter pricing conventions. CUSIP-to-ticker resolution is best-effort.