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RLX Technology

91 hedge funds and large institutions have $663M invested in RLX Technology in 2025 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 28 increasing their positions, 34 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more capital invested

Capital invested by funds: $592M → $663M (+$71.5M)

1.23% less ownership

Funds ownership: 21.22%19.99% (-1.2%)

5% less funds holding

Funds holding: 9691 (-5)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

18% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 34

29% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 17

92% less call options, than puts

Call options by funds: $2.31M | Put options by funds: $27.6M

Holders
91
Holders Change
-5
Holders Change %
-5.21%
% of All Funds
1.19%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.07%
New
12
Increased
28
Reduced
34
Closed
17
Calls
$2.31M
Puts
$27.6M
Net Calls
-$25.2M
Net Calls Change
-$3.24M
Name Holding Trade Value Shares
Change
Change in
Stake
PCMH
51
Polymer Capital Management (HK)
Hong Kong
$260K -$1.81M -761,067 -89%
Bank of America
52
Bank of America
North Carolina
$244K -$2.47M -1,038,150 -92%
VA
53
Vident Advisory
Georgia
$241K +$89.5K +37,619 +70%
Squarepoint
54
Squarepoint
New York
$235K -$54.1K -22,736 -20%
AllianceBernstein
55
AllianceBernstein
Tennessee
$230K -$96.9K -40,737 -32%
Creative Planning
56
Creative Planning
Kansas
$192K +$1.71K +718 +1%
CA
57
Cache Advisors
California
$189K
N
58
Numerai
California
$185K +$168K +70,457 New
S
59
SignatureFD
Georgia
$153K -$316 -133 -0.2%
QCG
60
Quadrant Capital Group
Ohio
$132K
LNWWM
61
Laird Norton Wetherby Wealth Management
California
$130K -$1.03K -435 -0.9%
HT
62
Headlands Technologies
Illinois
$126K +$111K +46,614 +3,805%
VPIM
63
Vanguard Personalized Indexing Management
California
$116K +$9.45K +3,972 +10%
VEA
64
Virtus ETF Advisers
New York
$115K
WFI
65
West Family Investments
California
$109K
PA
66
Profund Advisors
Maryland
$106K +$16.7K +7,006 +21%
HSBC Holdings
67
HSBC Holdings
United Kingdom
$106K -$384K -161,690 -80%
HF
68
HRT Financial
New York
$77K -$6.61K -2,780 -9%
BHCM
69
Brevan Howard Capital Management
Jersey
$73.3K +$66.3K +27,878 New
SG Americas Securities
70
SG Americas Securities
New York
$65K -$569K -239,298 -91%
BNP Paribas Financial Markets
71
BNP Paribas Financial Markets
France
$60.4K +$54.6K +22,977 New
Mirae Asset Global Investments
72
Mirae Asset Global Investments
South Korea
$56K -$1.89K -794 -4%
PA
73
Parallel Advisors
California
$43.6K -$1.5K -632 -4%
US Bancorp
74
US Bancorp
Minnesota
$36.4K
RhumbLine Advisers
75
RhumbLine Advisers
Massachusetts
$33.5K +$8.44K +3,550 +39%

RLX Hedge Fund Activity: Q3 2025 in Review

91 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in RLX Technology (RLX) for Q3 2025, worth a combined $663M — up 12% from $592M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of RLX and 12 opened new positions — a net loss of 5 holders — while 34 trimmed existing stakes and 28 added.

The largest buyer was D.E. Shaw & Co, adding an estimated $9.24M. The largest seller was Wildcat Capital Management, cutting an estimated $27.6M.

  • 91 institutional investors held RLX Technology (RLX) as of Q3 2025, down from 96 in Q2 2025.
  • Funds reported $663M of RLX Technology stock for Q3 2025, up 12% quarter-over-quarter.
  • 12 funds opened new RLX Technology positions in Q3 2025 and 17 closed out, a net change of -5 holders.
  • The largest RLX Technology buyer in Q3 2025 was D.E. Shaw & Co, an estimated $9.24M added.
  • The largest RLX Technology seller in Q3 2025 was Wildcat Capital Management, an estimated $27.6M sold.

Based on aggregated 13F filings for Q3 2025.