FULL TRUCK ALLIANCE CO LTD YMM
SPONSORED ADS · ADR · CUSIP 35969L108 · ISIN US35969L1089
- SectorTechnology
- IndustryServices-Prepackaged Software
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $7.55. Options: 13 managers hold calls ($46.0m notional), 8 hold puts ($2.1m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 105 |
| Q4 2022 | 127 |
| Q1 2023 | 134 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 72 | 46 |
| Q1 2023 | 67 | 65 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $2.5m | $1.1m | 0.45 |
| Q4 2022 | $51.8m | $1.8m | 0.03 |
| Q1 2023 | $46.0m | $2.1m | 0.05 |
Biggest buyers
| SB INVESTMENT ADVISERS (UK) LTD | Added | +8.5m |
| JPMORGAN CHASE & CO | Added | +5.7m |
| ALKEON CAPITAL MANAGEMENT LLC | Added | +4.0m |
| FIL Ltd | Added | +3.3m |
| ExodusPoint Capital Management, LP | New | +2.9m |
| BANK OF AMERICA CORP /DE/ | Added | +2.7m |
| HCEP Management Ltd | Added | +2.5m |
| WFM ASIA (BVI) Ltd | Added | +2.4m |
| SOFTBANK GROUP CORP. | New | +2.4m |
| Blue Creek Capital Management Ltd | Added | +2.2m |
Biggest sellers
| BlackRock Inc. | Reduced | -11.5m |
| RWC ASSET ADVISORS (US) LLC | Reduced | -6.5m |
| Krane Funds Advisors LLC | Reduced | -3.1m |
| Greenwoods Asset Management Hong Kong Ltd. | Reduced | -2.2m |
| BARCLAYS PLC | Reduced | -2.2m |
| RWC Asset Management LLP | Reduced | -2.0m |
| BAMCO INC /NY/ | Reduced | -1.6m |
| ALLIANCEBERNSTEIN L.P. | Sold out | -1.6m |
| D. E. Shaw & Co., Inc. | Reduced | -1.4m |
| NORGES BANK | Reduced | -1.2m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.5m1.4m shares |
| JANE STREET GROUP, LLC | Reduced | $8.5m1.1m shares |
| Parallax Volatility Advisers, L.P. | Unchanged | $7.6m1.0m shares |
| UBS Group AG | Added | $7.6m1.0m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $3.8m500.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.5m322.4k shares |
| Walleye Trading LLC | Added | $1.9m252.5k shares |
| GROUP ONE TRADING LLC | Reduced | $1.5m202.0k shares |
| WOLVERINE TRADING, LLC | New | $794.0k103.6k shares |
| HAP Trading, LLC | Added | $591.0k1.2m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $589.8k77.5k shares |
| SIMPLEX TRADING, LLC | Added | $506.0k66.6k shares |
| CITADEL ADVISORS LLC | Unchanged | $395.7k52.0k shares |
| GROUP ONE TRADING LLC | Added | $312.8k41.1k shares |
| JANE STREET GROUP, LLC | Reduced | $149.2k19.6k shares |
| Belvedere Trading LLC | Added | $114.2k15.0k shares |
| WOLVERINE TRADING, LLC | New | $78.0k10.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| First Beijing Investment Ltd 13G · passive investor +1.4 pts · filed 2026-05-13 | 9.6% |
| SB INVESTMENT ADVISERS (UK) LTD 13G · exempt (held before listing) -2.5 pts · filed 2025-11-14 | 7.4% |
| FIL Ltd 13G · institution +1.3 pts · filed 2025-11-05 | 6.8% |
| Invesco Ltd. 13G · institution new · filed 2025-11-06 | 5.8% |
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q1 2023.
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| All-Stars Investment Ltd 96.03% of their portfolio | 44.1m $335.8m | Unchanged |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 2.02% of their portfolio | 43.8m $333.4m | Added +365.5k |
| SC US (TTGP), LTD. 2.89% of their portfolio | 32.2m $245.1m | Unchanged |
| Krane Funds Advisors LLC 10.24% of their portfolio | 29.9m $223.9m | Reduced -3.1m |
| HSG Holding Ltd 22.13% of their portfolio | 27.7m $210.7m | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 23.7m $180.0m | Reduced -106.6k |
| ALKEON CAPITAL MANAGEMENT LLC 0.96% of their portfolio | 19.7m $149.7m | Added +4.0m |
| SB INVESTMENT ADVISERS (UK) LTD 1.08% of their portfolio | 17.2m $131.2m | Added +8.5m |
| WFM ASIA (BVI) Ltd 11.29% of their portfolio | 16.2m $123.5m | Added +2.4m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 16.0m $121.9m | Added +2.7m |
| BAILLIE GIFFORD & CO 0.11% of their portfolio | 15.8m $120.4m | Reduced -10.3k |
| FIL Ltd 0.12% of their portfolio | 14.0m $106.2m | Added +3.3m |
| JANUS HENDERSON GROUP PLC 0.06% of their portfolio | 11.9m $90.5m | Added +2.2m |
| BAMCO INC /NY/ 0.23% of their portfolio | 10.3m $78.2m | Reduced -1.6m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 9.6m $72.9m | Added +5.7m |
| HCEP Management Ltd 11.36% of their portfolio | 7.5m $57.4m | Added +2.5m |
| Greenwoods Asset Management Hong Kong Ltd. 3.22% of their portfolio | 7.3m $55.7m | Reduced -2.2m |
| RWC ASSET ADVISORS (US) LLC 4.06% of their portfolio | 7.0m $53.3m | Reduced -6.5m |
| NORGES BANK 0.01% of their portfolio | 6.7m $51.2m | Reduced -1.2m |
| Pinpoint Asset Management Ltd 6.27% of their portfolio | 6.2m $23.4m | Added +915.7k |
| E Fund Management Co., Ltd. 3.15% of their portfolio | 5.7m $43.2m | Reduced -262.4k |
| HHLR ADVISORS, LTD. 0.75% of their portfolio | 5.6m $42.6m | Added +1.5m |
| Carmignac Gestion 0.66% of their portfolio | 5.2m $39.9m | Added +1.5m |
| MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC 3.94% of their portfolio | 5.2m $39.5m | Added +764.1k |
| Blue Creek Capital Management Ltd 21.14% of their portfolio | 4.2m $31.9m | Added +2.2m |
| JENNISON ASSOCIATES LLC 0.03% of their portfolio | 4.1m $31.4m | Reduced -1.1m |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 3.9m $29.3m | Added +23.4k |
| MORGAN STANLEY 0.00% of their portfolio | 3.2m $24.0m | Added +1.7m |
| CI INVESTMENTS INC. 0.12% of their portfolio | 3.0m $23.2m | Added +236.5k |
| ExodusPoint Capital Management, LP 0.25% of their portfolio | 2.9m $22.2m | New |
| STATE STREET CORP 0.00% of their portfolio | 2.6m $20.0m | Added +67.2k |
| Legal & General Group Plc 0.01% of their portfolio | 2.5m $19.3m | Reduced -124.3k |
| SOFTBANK GROUP CORP. 0.24% of their portfolio | 2.4m $18.5m | New |
| RWC Asset Management LLP 0.52% of their portfolio | 2.2m $17.0m | Reduced -2.0m |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 2.2m $16.4m | Reduced -1.1m |
| Hel Ved Capital Management Ltd 8.73% of their portfolio | 2.2m $16.4m | Added +1.7m |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 2.1m $16.1m | Reduced -200.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.9m $14.4m | Reduced -790.3k |
| Hidden Lake Asset Management LP 11.91% of their portfolio | 1.9m $14.1m | New |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 1.8m $14.0m | Reduced -38.2k |
| Robeco Institutional Asset Management B.V. 0.03% of their portfolio | 1.7m $12.6m | Unchanged |
| Highlander Partners, L.P. 16.40% of their portfolio | 1.6m $12.1m | Unchanged |
| California Public Employees Retirement System 0.01% of their portfolio | 1.2m $8.9m | Reduced -207.0k |
| TB Alternative Assets Ltd. 2.15% of their portfolio | 1.1m $8.7m | New |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 1.1m $8.1m | Reduced -281.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 1.0m $8.0m | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 1.0m $7.7m | Reduced -11.5m |
| Quinn Opportunity Partners LLC 0.81% of their portfolio | 999.8k $7.6m | Reduced -60.0k |
| HarbourVest Partners LLC 2.45% of their portfolio | 957.6k $7.3m | Unchanged |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 938.2k $7.1m | Reduced -489.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 868.5k $6.6m | Reduced -22.0k |
| Schonfeld Strategic Advisors LLC 0.06% of their portfolio | 832.3k $6.3m | Added +644.5k |
| CAPITAL FUND MANAGEMENT S.A. 0.12% of their portfolio | 827.7k $6.3m | Added +342.9k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 741.1k $5.6m | Added +613.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 690.4k $5.3m | Added +615.0k |
| 53 HOUSE LLP 1.32% of their portfolio | 690.3k $5.3m | Added +24.3k |
| IvyRock Asset Management (HK) Ltd 2.77% of their portfolio | 663.0k $5.0m | New |
| GAM Holding AG 0.35% of their portfolio | 657.0k $5.0m | Not comparable |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 638.1k $4.9m | Added +530.2k |
| NOMURA HOLDINGS INC 0.05% of their portfolio | 632.5k $4.8m | Added +219.3k |
| MIC Capital Management UK LLP 0.92% of their portfolio | 630.7k $4.8m | Unchanged |
| Cubist Systematic Strategies, LLC 0.04% of their portfolio | 620.1k $4.7m | Added +418.3k |
| Twenty Acre Capital LP 5.00% of their portfolio | 575.4k $4.4m | Added +114.0k |
| Penserra Capital Management LLC 0.09% of their portfolio | 553.5k $4.2m | Reduced -1.6k |
| Parkwood LLC 0.77% of their portfolio | 543.4k $4.1m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 543.1k $4.1m | Reduced -95.9k |
| Harvest Fund Management Co., Ltd 0.88% of their portfolio | 525.5k $4.0m | Added +42.0k |
| OLD MISSION CAPITAL LLC 0.12% of their portfolio | 504.4k $3.8m | Added +255.2k |
| LMR Partners LLP 0.07% of their portfolio | 502.3k $3.8m | Added +185.6k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio | 499.2k $3.8m | Reduced -435.5k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 479.6k $3.6m | Reduced -1.4m |
| Octahedron Capital Management L.P. 7.58% of their portfolio | 465.0k $3.5m | Added +278.7k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 431.4k $3.3m | New |
| BARCLAYS PLC 0.00% of their portfolio | 398.2k $3.0m | Reduced -2.2m |
| Collaborative Holdings Management LP 10.52% of their portfolio | 353.8k $2.7m | Added +97.8k |
| Squarepoint Ops LLC 0.02% of their portfolio | 283.0k $2.2m | Added +109.1k |
| HRT FINANCIAL LP 0.03% of their portfolio | 276.6k $2.1m | Reduced -94.1k |
| China Universal Asset Management Co., Ltd. 0.62% of their portfolio | 240.2k $1.8m | Added +172.1k |
| Rock Creek Group LLC 0.23% of their portfolio | 233.8k $1.8m | Reduced -136.2k |
| Y-Intercept (Hong Kong) Ltd 0.19% of their portfolio | 220.6k $1.7m | New |
| Renaissance Capital LLC 1.18% of their portfolio | 209.9k $1.6m | Reduced -25.6k |
| Hao Advisors Management Ltd 0.53% of their portfolio | 200.0k $1.5m | New |
| PLATINUM INVESTMENT MANAGEMENT LTD 0.05% of their portfolio | 199.1k $1.5m | Unchanged |
| Aperture Investors, LLC 0.17% of their portfolio | 163.1k $1.2m | Added +45.8k |
| Parametrica Management Ltd 1.94% of their portfolio | 141.5k $1.1m | Reduced -15.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 141.4k $1.1m | Added +68.3k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 135.0k $1.0m | New |
| Laurion Capital Management LP 0.05% of their portfolio | 133.0k $1.0m | New |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 124.1k $944.2k | Reduced -15.6k |
| Point72 Middle East FZE 0.05% of their portfolio | 118.6k $902.8k | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 113.0k $859.8k | Reduced -3.4k |
| Long Corridor Asset Management Ltd 0.91% of their portfolio | 100.0k $761.0k | Reduced -650.0k |
| OPTIMAS CAPITAL Ltd 0.60% of their portfolio | 94.1k $716.1k | Reduced -24.4k |
| CTC Capital Management, LLC 1.46% of their portfolio | 91.6k $697.1k | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 86.2k $656.2k | Added +430 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 84.1k $640.1k | Reduced -32 |
| Bank of New York Mellon Corp 0.00% of their portfolio | 78.3k $596.2k | Unchanged |
| Handelsbanken Fonder AB 0.00% of their portfolio | 74.5k $567.0k | Unchanged |
| SEI INVESTMENTS CO 0.00% of their portfolio | 70.9k $539.4k | Unchanged |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.07% of their portfolio | 69.3k $527.7k | New |