Aspex Management (HK)’s RLX Technology RLX Stock Holding History

Aspex Management (HK)’s Portfolio RLX Stock Details RLX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$17.4M	Hold	7,901,172	–	–	0.25%	22
2025 Q4	$18.4M	Hold	7,901,172	–	–	0.37%	19
2025 Q3	$20.8M	Sell	7,901,172 -4,222,237	-35%	-$10M	0.44%	21
2025 Q2	$26.8M	Hold	12,123,409	–	–	0.58%	18
2025 Q1	$22.8M	Hold	12,123,409	–	–	0.59%	21
2024 Q4	$26.2M	Hold	12,123,409	–	–	0.71%	25
2024 Q3	$21.9M	Hold	12,123,409	–	–	0.58%	22
2024 Q2	$22.3M	Hold	12,123,409	–	–	0.48%	30
2024 Q1	$23.3M	Hold	12,123,409	–	–	0.62%	26
2023 Q4	$24.2M	Hold	12,123,409	–	–	0.71%	24
2023 Q3	$18.3M	Buy	12,123,409 +7,297,644	+151%	+$11.4M	0.56%	20
2023 Q2	$8.54M	Buy	+4,825,765	New	+$10.8M	0.25%	24

Other funds holding RLX

FBIL

First Beijing Investment Ltd Hong Kong $2.32B AUM 8.06% 1-Year Est. Return

ICVCFVA

IDG China Venture Capital Fund V Associates Hong Kong $126M AUM 17.02% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

OCM

OLP Capital Management Causeway Bay, Hong Kong $942M AUM 5.25% 1-Year Est. Return

D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

PAMI

Perseverance Asset Management International George Town, Cayman Islands $909M AUM 17.42% 1-Year Est. Return

OMC

Oasis Management Company Grand Cayman, Cayman Islands $1.72B AUM 32.1% 1-Year Est. Return

Barclays London, United Kingdom $416B AUM 33.63% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Aspex Management (HK)'s RLX Position: Q1 2026 in Review

Aspex Management (HK) held its RLX Technology (RLX) position steady in Q1 2026 at 7,901,172 shares worth $17.4M. The position accounts for 0.25% of the portfolio, ranked #22.

Aspex Management (HK) first reported a position in RLX in Q2 2023 and has held it in 12 quarters since. The position peaked at $26.8M in Q2 2025. 103 funds tracked by Wall St. Rank hold RLX as of Q1 2026.

Aspex Management (HK) held 7,901,172 shares of RLX Technology worth $17.4M as of Q1 2026.
Aspex Management (HK) left its RLX Technology share count unchanged in Q1 2026.
RLX Technology made up 0.25% of Aspex Management (HK)'s portfolio in Q1 2026, its #22 holding.
Aspex Management (HK) first reported a position in RLX Technology in Q2 2023 and has held it in 12 quarters since.
Aspex Management (HK)'s RLX Technology position peaked at $26.8M in Q2 2025.
103 funds tracked by Wall St. Rank held RLX Technology as of Q1 2026.

Based on Aspex Management (HK)'s 13F filing for Q1 2026, filed 15 May 2026.