Wildcat Capital Management’s RLX Technology RLX Stock Holding History

Wildcat Capital Management’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
2025 Q4	–	Sell	-6,418,183	Closed	-$16.9M	–	5
2025 Q3	$16.9M	Sell	6,418,183 -11,628,012	-64%	-$27.6M	11.64%	2
2025 Q2	$39.9M	Hold	18,046,195	–	–	23.7%	2
2025 Q1	$33.9M	Hold	18,046,195	–	–	18.11%	2
2024 Q4	$39M	Hold	18,046,195	–	–	15.43%	2
2024 Q3	$32.7M	Hold	18,046,195	–	–	15.96%	2
2024 Q2	$33.2M	Hold	18,046,195	–	–	8.13%	5
2024 Q1	$30.7M	Hold	18,046,195	–	–	11.15%	5
2023 Q4	$36.1M	Hold	18,046,195	–	–	12.48%	2
2023 Q3	$27.2M	Hold	18,046,195	–	–	10.94%	3
2023 Q2	$31.9M	Hold	18,046,195	–	–	12.16%	2
2023 Q1	$52.3M	Sell	18,046,195 -12,846,827	-42%	-$31.1M	19.45%	1
2022 Q4	$71.1M	Hold	30,893,022	–	–	27.13%	1
2022 Q3	$32.4M	Hold	30,893,022	–	–	12.46%	1
2022 Q2	$65.8M	Hold	30,893,022	–	–	21.8%	1
2022 Q1	$55.3M	Buy	30,893,022 +7,048,832	+30%	+$21M	14.15%	2
2021 Q4	$93M	Hold	23,844,190	–	–	15.14%	2
2021 Q3	$108M	Buy	23,844,190 +23,010,890	+2,761%	+$125M	13.95%	2
2021 Q2	$7.28M	Hold	833,300	–	–	0.83%	16
2021 Q1	$8.63M	Buy	+833,300	New	+$16M	1.05%	17

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

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 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

AMH

Aspex Management (HK) Central, Hong Kong $6.9B AUM 28.37% 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

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

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

Wildcat Capital Management's RLX Position: Q4 2025 in Review

Wildcat Capital Management sold out of RLX Technology (RLX) in Q4 2025, closing a stake of 6,418,183 shares — an estimated $16.9M sold.

Wildcat Capital Management first reported a position in RLX in Q1 2021 and held it in 19 quarters. The position peaked at $108M in Q3 2021. 98 funds tracked by Wall St. Rank hold RLX as of Q4 2025.

Wildcat Capital Management reported no remaining RLX Technology position as of Q4 2025 after selling out during the quarter.
Wildcat Capital Management sold 6,418,183 RLX Technology shares in Q4 2025, an estimated $16.9M.
Wildcat Capital Management first reported a position in RLX Technology in Q1 2021 and held it in 19 quarters.
Wildcat Capital Management's RLX Technology position peaked at $108M in Q3 2021.
98 funds tracked by Wall St. Rank held RLX Technology as of Q4 2025.

Based on Wildcat Capital Management's 13F filing for Q4 2025, filed 3 Feb 2026.