RLX Technology
96 hedge funds and large institutions have $504M invested in RLX Technology in 2025 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 37 reducing their positions, and 16 closing their positions.
0.49% more ownership
Funds ownership: 20.73% → 21.23% (+0.49%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
9% less funds holding
Funds holding: 105 → 96 (-9)
11% less capital invested
Capital invested by funds: $565M → $504M (-$61.5M)
14% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 37
19% less call options, than puts
Call options by funds: $841K | Put options by funds: $1.03M
50% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 16
Top Buyers
| 1 |
FBIL
First Beijing Investment Ltd
Hong Kong
|
+$39.2M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$5.49M |
| 3 |
D.E. Shaw & Co
New York
|
+$5.2M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$4.33M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$4.05M |
Top Sellers
| 1 |
Goldman Sachs
New York
|
-$18.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$6.96M |
| 3 |
JP Morgan Chase
New York
|
-$6.14M |
| 4 |
PAMI
Perseverance Asset Management International
George Town,
Cayman Islands
|
-$6.11M |
| 5 |
State Street
Boston,
Massachusetts
|
-$3.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
101
Bayesian Capital Management
Brooklyn,
New York
| – | -$82.3K | -38,100 | Closed |
|
|
JG
102
Jain Global
New York
| – | -$69.6K | -32,200 | Closed |
|
|
CCG
103
Catalina Capital Group
Torrance,
California
| – | -$63.4K | -29,350 | Closed |
|
104
Citigroup
New York
| – | -$50.2K | -23,254 | Closed |
|
|
AAIS
105
ABN AMRO Investment Solutions
Paris Cedex 008,
| – | -$46.7K | -21,600 | Closed |
|
|
BFM
106
Boothbay Fund Management
New York
| – | -$43.2K | -20,000 | Closed |
|
|
GM
107
GeoWealth Management
Chicago,
Illinois
| – | -$17.7K | -8,216 | Closed |
|
|
AWM
108
Ameliora Wealth Management
Zurich,
Switzerland
| – | -$10.6K | -4,890 | Closed |
|
109
Lazard Asset Management
New York
| – | -$4K | -1,871 | Closed |
|
|
SAM
110
Smartleaf Asset Management
Boston,
Massachusetts
| – | -$793 | -364 | Closed |
|
111
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$464 | -215 | Closed |
|
|
CA
112
Continuum Advisory
Eagle,
Idaho
| – | -$432 | -200 | Closed |
|
RLX Hedge Fund Activity: Q1 2025 in Review
96 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in RLX Technology (RLX) for Q1 2025, worth a combined $504M — down 11% from $565M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of RLX and 8 opened new positions — a net loss of 8 holders — while 37 trimmed existing stakes and 32 added.
The largest buyer was First Beijing Investment Ltd, adding an estimated $39.2M. The largest seller was Goldman Sachs, cutting an estimated $18.3M.
- 96 institutional investors held RLX Technology (RLX) as of Q1 2025, down from 105 in Q4 2024.
- Funds reported $504M of RLX Technology stock for Q1 2025, down 11% quarter-over-quarter.
- 8 funds opened new RLX Technology positions in Q1 2025 and 16 closed out, a net change of -8 holders.
- The largest RLX Technology buyer in Q1 2025 was First Beijing Investment Ltd, an estimated $39.2M added.
- The largest RLX Technology seller in Q1 2025 was Goldman Sachs, an estimated $18.3M sold.
Based on aggregated 13F filings for Q1 2025.