undamentalytics Newsletter

RLX Technology Inc.: which funds bought and sold

Institutions that bought and sold RLX Technology shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 40 institutions that filed 13F reports for both quarters added to or opened positions in RLX Technology, and 59 cut or closed them. Together they sold a net 987K shares, −0.4% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 2.4M shares (−11.2%); index fund managers were net sellers of 780K shares (−1.9%). 13 opened a new position and 12 sold out entirely.

Bought, Q2 2026 40 institutions, 13 of them new holders Sold, Q2 2026 59 institutions, 12 of them sold out
Net change, all compared −987K shares (−0.4%)
Net change, active managers −2.4M shares (−11.2%), 8 bought, 11 sold

Buyers versus sellers

institutions compared, 116
Active managers and hedge funds 8 bought · 11 sold · −2.4M
Index fund managers 4 bought · 4 sold · −780K
Other institutions 28 bought · 44 sold · +2.2M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Nomura Holdings Inc +20.2M +856.0% 22.6M $42.9M
Two Sigma Investments, LP Hedge fund +1.7M +273.3% 2.3M $4.5M
Assenagon Asset Management S.A. +703K +93.5% 1.5M $2.8M
Acadian Asset Management LLC Active manager +609K +19.9% 3.7M $7M
Commonwealth Of Pennsylvania Public School Empls Retrmt Sys +439K +170.2% 697K $1.3M
Qube Research & Technologies Ltd Hedge fund +428K New position 428K $812,723
Man Group PLC Hedge fund +290K New position 290K $550,384
Jpmorgan Chase & Co +204K +143.8% 346K $650,876
Pictet Asset Management Holding SA +181K +4.8% 3.9M $7.5M
Arrowstreet Capital, Limited Partnership Hedge fund +168K +33.0% 676K $1.3M
Blackrock, Inc. Index funds +110K +1.2% 9.6M $18.3M
Polymer Capital Management (HK) Ltd +86K +73.3% 203K $384,754
Winton Group Ltd Hedge fund +75K +177.7% 118K $224,029
Guggenheim Capital LLC +73K +36.4% 272K $517,646
Gsa Capital Partners LLP +68K +11.5% 663K $1.3M
Two Sigma Securities, LLC +49K New position 49K $93,938
Vident Advisory, LLC +40K +40.3% 139K $263,850
Engineers Gate Manager LP Hedge fund +37K New position 37K $70,707
Tower Research Capital LLC (TRC) +35K New position 35K $66,139
Vanguard Fiduciary Trust Co Index funds +28K +0.5% 5.6M $10.7M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Olp Capital Management Ltd −13.1M −49.5% 13.3M $25.3M
Citadel Advisors LLC Hedge fund −2.4M −74.6% 805K $1.5M
Marshall Wace, LLP Hedge fund −2.3M −88.6% 299K $568,798
Idg China Venture Capital Fund V Associates L.P. −2.1M −3.6% 55.1M $105M
Morgan Stanley −1.9M −32.3% 3.9M $7.4M
Renaissance Technologies LLC Hedge fund −636K −70.8% 262K $498,180
Vanguard Capital Management LLC Index funds −547K −2.5% 20.9M $39.8M
UBS Group AG −526K −40.0% 789K $1.5M
State Street Corp Index funds −334K −10.0% 3.0M $5.7M
Susquehanna Portfolio Strategies, LLC −334K Sold out 0 —
Highvista Strategies LLC −312K Sold out 0 —
First Beijing Investment Ltd −308K −0.5% 59.8M $114M
Jane Street Group, LLC −227K −78.2% 63K $120,278
Xtx Topco Ltd −179K −93.8% 12K $22,388
Point72 Asset Management, L.P. Hedge fund −179K Sold out 0 —
Susquehanna International Group, LLP −171K −83.2% 35K $65,580
Perseverance Asset Management International −135K −1.8% 7.4M $14M
Police & Firemen'S Retirement System Of New Jersey −121K −33.2% 243K $461,651
HRT Financial LP −119K −72.5% 45K $85,000
Millennium Management LLC Hedge fund −106K −30.2% 245K $464,656

New positions

largest by value
InstitutionSharesValue June 30, 2026
Qube Research & Technologies LtdHedge fund 428K $812,723
Man Group PLCHedge fund 290K $550,384
Two Sigma Securities, LLC 49K $93,938
Engineers Gate Manager LPHedge fund 37K $70,707
Tower Research Capital LLC (TRC) 35K $66,139
Blueshift Asset Management, LLC 25K $48,404
Stonex Group Inc. 17K $33,500
Jmn Financial LLC 16K $31,255
Imc-Chicago, LLC 13K $25,399
Penserra Capital Management LLC 6,972 $13,000

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Susquehanna Portfolio Strategies, LLC 334K $733,973
Highvista Strategies LLC 312K $685,740
Point72 Asset Management, L.P.Hedge fund 179K $394,449
Simplex Trading, LLC 47K $104,434
Squarepoint Ops LLCHedge fund 40K $89,085
Axq Capital, LP 35K $77,557
Virtu Financial LLC 34K $74,000
LPL Financial LLC 29K $63,560
AQR Capital Management LLCHedge fund 13K $27,259
Quadrature Capital LtdHedge fund 10K $22,625

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
104
Ten largest holders
80.1%
of 13F-reported shares
Index fund managers
15.4%
of 13F-reported shares
Active managers and hedge funds
7.3%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 8 11 3 4 −2.4M −11.2%
Index fund managers 4 4 0 0 −780K −1.9%
Other institutions 28 44 10 8 +2.2M +1.1%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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