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Full Truck Alliance Co. Ltd.

YMM
Exchange
NYSE
Industry
Services-Prepackaged Software
SEC CIK
0001838413

No open-market purchases or sales by Full Truck Alliance Co. Ltd. insiders were filed in the last 90 days; 245 institutions reported holding it in 13F filings for Q2 2026, worth $6.01B in total; Greenwoods Asset Management is the only superinvestor holding it.

13F holders, Q3 2025

Institutional positions in Full Truck Alliance Co. Ltd. as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
229
+3 vs. Q2 2025
Shares held
713.1M
+56.5M (+8.6%) vs. Q2 2025
Total value
$9.24B
+$1.49B (+19.2%) vs. Q2 2025
New holders
44
77 more added
Sold out
41
83 more reduced

3 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting YMM on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 229 institutions
Q1 2021: 0 institutionsQ2 2021: 67 institutionsQ3 2021: 57 institutionsQ4 2021: 97 institutionsQ1 2022: 88 institutionsQ2 2022: 109 institutionsQ3 2022: 105 institutionsQ4 2022: 126 institutionsQ1 2023: 133 institutionsQ2 2023: 118 institutionsQ3 2023: 121 institutionsQ4 2023: 149 institutionsQ1 2024: 146 institutionsQ2 2024: 177 institutionsQ3 2024: 170 institutionsQ4 2024: 195 institutionsQ1 2025: 247 institutionsQ2 2025: 229 institutionsQ3 2025: 229 institutionsQ4 2025: 211 institutionsQ1 2026: 203 institutionsQ2 2026: 245 institutions
Value heldQ3 2025: $9.24B
Q1 2021: $0Q2 2021: $1.80BQ3 2021: $1.54BQ4 2021: $2.56BQ1 2022: $2.40BQ2 2022: $3.53BQ3 2022: $2.65BQ4 2022: $3.60BQ1 2023: $3.49BQ2 2023: $2.73BQ3 2023: $3.10BQ4 2023: $3.25BQ1 2024: $3.66BQ2 2024: $4.39BQ3 2024: $4.84BQ4 2024: $6.93BQ1 2025: $8.32BQ2 2025: $7.93BQ3 2025: $9.24BQ4 2025: $7.98BQ1 2026: $5.96BQ2 2026: $6.01B
Institutions holding YMM and their total value by quarter
QuarterHoldersValue
Q2 2026245$6.01B
Q1 2026203$5.96B
Q4 2025211$7.98B
Q3 2025229$9.24B
Q2 2025229$7.93B
Q1 2025247$8.32B
Q4 2024195$6.93B
Q3 2024170$4.84B
Q2 2024177$4.39B
Q1 2024146$3.66B
Q4 2023149$3.25B
Q3 2023121$3.10B
Q2 2023118$2.73B
Q1 2023133$3.49B
Q4 2022126$3.60B
Q3 2022105$2.65B
Q2 2022109$3.53B
Q1 202288$2.40B
Q4 202197$2.56B
Q3 202157$1.54B
Q2 202167$1.80B
Q1 20210$0

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Full Truck Alliance Co. Ltd.; share changes are against Q2 2025.

Institutions holding YMM in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
First Beijing Investment Ltd68,645,580$890.3M34.38%+29,150,926+73.8%Added
FIL Ltd63,341,380$821.5M0.65%+9,264,895+17.1%Added
Invesco Ltd.54,223,349$703.3M0.11%+21,628,993+66.4%Added
FMR LLC34,773,664$451.0M0.02%−3,595,236−9.4%Reduced
Schroder Investment Management Group33,333,051$432.3M0.34%+32,179,501+2,789.6%Added
Vanguard Group Inc32,543,487$422.1M0.01%+353,840+1.1%Added
Greenwoods Asset Management Hong Kong Ltd.SuperinvestorGreenwoods Asset Management28,597,879$370.9M8.35%−196,648−0.7%Reduced
Krane Funds Advisors LLC28,165,473$352.1M10.01%+5,880,548+26.4%Added
Aspex Management (HK) Ltd23,763,953$308.2M6.59%+1,308,330+5.8%Added
Morgan Stanley23,379,551$303.2M0.02%−4,321,409−15.6%Reduced
JPMorgan Chase & Co23,019,709$298.6M0.02%−7,337,066−24.2%Reduced
All-Stars Investment Ltd22,095,164$286.6M87.59%00.0%Unchanged
Ward Ferry Management (BVI) Ltd18,429,584$239.0M26.51%−379,600−2.0%Reduced
Kontiki Capital Management (HK) Ltd.15,348,790$199.1M10.59%−199,609−1.3%Reduced
Davis Selected Advisers14,981,773$194.3M1.01%+3,345,848+28.8%Added
Capital International Investors14,512,490$188.2M0.03%+14,512,490New
Alkeon Capital Management LLC14,198,535$184.2M0.83%−500,000−3.4%Reduced
SC US (TTGP), Ltd.13,057,904$169.4M1.04%00.0%Unchanged
Mitsubishi UFJ Trust & Banking Corp10,647,830$138.1M0.30%+4,611,050+76.4%Added
North of South Capital LLP10,607,375$137.6M13.22%+2,682,409+33.8%Added
SB Investment Advisers (UK) Ltd10,125,112$131.3M0.99%+6,928,161+216.7%Added
Empower Harvest Management Services, Inc.8,970,263$116.3M100.00%00.0%Unchanged
Sands Capital Management, LLC6,766,855$87.8M0.24%−159,741−2.3%Reduced
Bamco Inc6,314,857$81.9M0.22%−1,685,749−21.1%Reduced
Goldman Sachs Group Inc6,081,289$78.9M0.01%−5,174,123−46.0%Reduced
Oceanlink Management Ltd.5,024,072$65.2M11.50%−11,734,694−70.0%Reduced
Softbank Group Corp4,406,311$57.1M0.22%+1,788,630+68.3%Added
Pinpoint Asset Management (Singapore) Pte. Ltd.4,066,939$52.7M9.75%−3,081,920−43.1%Reduced
HHLR Advisors, Ltd.SuperinvestorHHLR Advisors (Hillhouse)4,066,553$52.7M1.29%+4,066,553New
Alpine Investment Management Ltd4,000,000$51.9M43.62%−598,038−13.0%Reduced
Capital International Inc3,859,842$50.1M0.40%+3,859,842New
Bank of America Corp3,828,493$49.7M0.00%−968,885−20.2%Reduced
Oaktree Capital Management LPSuperinvestorOaktree Capital3,797,697$49.3M0.82%+1,955,360+106.1%Added
Polunin Capital Partners Ltd3,145,346$42.1M6.19%−101,800−3.1%Reduced
Ameriprise Financial Inc3,213,388$41.7M0.01%−413,652−11.4%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.3,037,777$39.7M0.10%+313,783+11.5%Added
National Bank of Canada2,757,300$35.8M0.04%+1,547,800+128.0%Added
Janus Henderson Group PLC2,716,960$35.2M0.02%−248,000−8.4%Reduced
Carrhae Capital LLP2,674,774$34.7M3.29%+2,674,774New
BNP Paribas Arbitrage, SA2,604,359$33.8M0.03%+499,505+23.7%Added
Bright Valley Capital Ltd2,572,000$33.4M26.37%+2,572,000New
Robeco Institutional Asset Management B.V.2,477,746$32.1M0.05%+58,800+2.4%Added
Cederberg Capital Ltd2,467,000$32.0M9.14%+782,700+46.5%Added
HSBC Holdings PLC2,337,507$30.3M0.02%+1,966,842+530.6%Added
D. E. Shaw & Co., Inc.2,314,930$30.0M0.02%+978,850+73.3%Added
Russell Investments Group, Ltd.2,260,366$29.3M0.03%+1,148,008+103.2%Added
Manufacturers Life Insurance Company, The2,233,393$29.0M0.02%−449,034−16.7%Reduced
Voloridge Investment Management, LLC2,138,092$27.7M0.09%+2,138,092New
Qube Research & Technologies Ltd1,903,758$24.7M0.03%−686,863−26.5%Reduced
State Street Corp1,881,931$24.4M0.00%−359,488−16.0%Reduced
Matthews International Capital Management LLC1,851,438$24.0M5.59%−1,128,394−37.9%Reduced
Nordea Investment Management AB1,699,440$22.2M0.02%+1,699,440New
Jane Street Group, LLC1,638,575$21.3M0.02%+1,508,297+1,157.8%Added
Oversea-Chinese Banking CORP Ltd1,610,669$20.9M0.54%+829,316+106.1%Added
Keystone Investors Pte Ltd1,559,186$20.2M2.34%+1,559,186New
Blue Creek Capital Management Ltd1,557,313$20.2M24.85%+96,000+6.6%Added
Allianz Asset Management GmbH1,526,538$19.8M0.02%+741,635+94.5%Added
Legal & General Group Plc1,497,185$19.4M0.00%+6,097+0.4%Added
Citigroup Inc1,394,809$18.1M0.01%+303,587+27.8%Added
C WorldWide Group Holding A/S1,368,300$17.7M0.27%+1,368,300New
Pictet Asset Management Holding SA1,247,064$16.2M0.02%+1,172,482+1,572.1%Added
Highlander Partners, L.P.1,228,237$15.9M5.56%−260,000−17.5%Reduced
UBS Group AG1,190,547$15.4M0.00%−163,620−12.1%Reduced
Perpetual Ltd1,101,906$14.3M0.18%−127,094−10.3%Reduced
Franklin Resources Inc1,096,660$14.2M0.00%+12,718+1.2%Added
California Public Employees Retirement System1,043,468$13.5M0.01%−91,159−8.0%Reduced
Susquehanna Fundamental Investments, LLC1,034,085$13.4M0.52%+438,694+73.7%Added
Triata Capital Ltd1,009,219$13.1M1.53%+522,800+107.5%Added
Charles Schwab Investment Management Inc976,959$12.7M0.00%−17,585−1.8%Reduced
HarbourVest Partners LLC957,580$12.4M6.06%00.0%Unchanged
Liontrust Investment Partners LLP918,835$11.9M0.17%+30,409+3.4%Added
Pinebridge Investments, L.P.869,304$11.3M0.08%−3,069−0.4%Reduced
GF Fund Management Co. Ltd.810,795$10.5M0.19%−53,821−6.2%Reduced
Harvest Fund Management Co., Ltd799,403$9.50M0.40%−25,878−3.1%Reduced
BlackRock, Inc.719,900$9.34M0.00%−12,025,764−94.4%Reduced
Working Capital Advisors (UK) Ltd.705,497$9.15M10.94%+705,497New
Price T Rowe Associates Inc697,661$9.05M0.00%00.0%Unchanged
Lazard Asset Management LLC683,572$8.87M0.01%−13,518−1.9%Reduced
GAM Holding AG640,360$8.31M0.51%−123,573−16.2%Reduced
Van Eck Associates Corp613,548$7.96M0.01%−43,456−6.6%Reduced
Federated Hermes, Inc.593,624$7.70M0.01%−202,136−25.4%Reduced
Barclays PLC573,611$7.44M0.00%+175,838+44.2%Added
TB Alternative Assets Ltd.515,054$6.68M1.00%−15,400−2.9%Reduced
Optimas Capital Ltd497,885$6.46M4.08%+497,885New
Acadian Asset Management LLC479,120$6.21M0.01%−674,480−58.5%Reduced
AIA Group Ltd460,301$5.97M0.11%+202,056+78.2%Added
Beaconlight Capital, LLC458,277$5.94M2.93%+53,380+13.2%Added
Amiral Gestion455,000$5.90M2.14%+235,000+106.8%Added
Octahedron Capital Management L.P.452,000$5.86M3.33%−30,041−6.2%Reduced
Mawer Investment Management Ltd.431,100$5.59M0.03%00.0%Unchanged
Burgundy Asset Management Ltd.408,685$5.33M0.05%−644,821−61.2%Reduced
SEI Investments Co407,595$5.29M0.01%−243,352−37.4%Reduced
Millennium Management LLC382,968$4.97M0.00%−612,542−61.5%Reduced
State of New Jersey Common Pension Fund D343,473$4.45M0.02%+343,473New
Citadel Advisors LLC327,987$4.25M0.00%−418,583−56.1%Reduced
Public Employees Retirement System of Ohio305,844$3.97M0.01%−8,000−2.5%Reduced
Squarepoint Ops LLC293,108$3.80M0.01%+161,282+122.3%Added
Driehaus Capital Management LLC286,309$3.71M0.03%−5,660,779−95.2%Reduced
Nomura Holdings Inc285,746$3.71M0.02%−629,217−68.8%Reduced
AI-Squared Management Ltd278,700$3.61M3.76%+278,700New