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 ($76.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $6.22. Options: 11 managers hold calls ($15.7m notional), 7 hold puts ($1.7m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 105 |
| Q4 2022 | 127 |
| Q1 2023 | 134 |
| Q2 2023 | 119 |
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 |
| Q2 2023 | 53 | 71 |
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 |
| Q2 2023 | $15.7m | $1.7m | 0.11 |
Biggest buyers
| Invesco Ltd. | New | +18.4m |
| Greenwoods Asset Management Hong Kong Ltd. | Added | +2.6m |
| FARALLON CAPITAL MANAGEMENT, L.L.C. | Added | +2.1m |
| ALKEON CAPITAL MANAGEMENT LLC | Added | +1.9m |
| FIL Ltd | Added | +1.8m |
| VAN ECK ASSOCIATES CORP | Added | +1.4m |
| VANGUARD GROUP INC | Added | +1.3m |
| MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC | Added | +1.3m |
| Krane Funds Advisors LLC | Added | +1.3m |
| HCEP Management Ltd | Added | +1.1m |
Biggest sellers
| All-Stars Investment Ltd | Reduced | -8.7m |
| BANK OF AMERICA CORP /DE/ | Reduced | -7.3m |
| RWC ASSET ADVISORS (US) LLC | Sold out | -7.0m |
| JPMORGAN CHASE & CO | Reduced | -6.1m |
| JENNISON ASSOCIATES LLC | Sold out | -4.1m |
| Pinpoint Asset Management Ltd | Reduced | -3.5m |
| CI INVESTMENTS INC. | Reduced | -3.0m |
| ExodusPoint Capital Management, LP | Reduced | -2.9m |
| RWC Asset Management LLP | Sold out | -2.2m |
| MORGAN STANLEY | Reduced | -1.8m |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $6.9m1.1m shares |
| MILLENNIUM MANAGEMENT LLC | Unchanged | $3.1m500.0k shares |
| UBS Group AG | Reduced | $3.1m500.0k shares |
| Walleye Trading LLC | Unchanged | $1.6m252.5k shares |
| GROUP ONE TRADING LLC | Reduced | $314.7k50.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $283.0k45.6k shares |
| CITADEL ADVISORS LLC | Reduced | $261.9k42.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $112.6k18.1k shares |
| HAP Trading, LLC | Reduced | $36.0k451.2k shares |
| Belvedere Trading LLC | Unchanged | $622100 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $644.4k103.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $354.0k57.0k shares |
| JANE STREET GROUP, LLC | Added | $284.9k45.8k shares |
| CITADEL ADVISORS LLC | Reduced | $276.8k44.5k shares |
| Belvedere Trading LLC | Unchanged | $93.3k15.0k shares |
| GROUP ONE TRADING LLC | Reduced | $80.9k13.0k 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 Q2 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 Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| FARALLON CAPITAL MANAGEMENT, L.L.C. 1.70% of their portfolio | 45.9m $285.2m | Added +2.1m |
| All-Stars Investment Ltd 94.54% of their portfolio | 35.5m $220.5m | Reduced -8.7m |
| SC US (TTGP), LTD. 1.89% of their portfolio | 32.2m $200.3m | Unchanged |
| Krane Funds Advisors LLC 10.24% of their portfolio | 31.2m $194.3m | Added +1.3m |
| HSG Holding Ltd 19.69% of their portfolio | 27.7m $172.2m | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 25.0m $155.3m | Added +1.3m |
| ALKEON CAPITAL MANAGEMENT LLC 0.80% of their portfolio | 21.6m $134.3m | Added +1.9m |
| Invesco Ltd. 0.03% of their portfolio | 18.4m $114.4m | New |
| SB INVESTMENT ADVISERS (UK) LTD 0.81% of their portfolio | 17.1m $106.3m | Reduced -148.0k |
| WFM ASIA (BVI) Ltd 10.92% of their portfolio | 16.2m $101.0m | Unchanged |
| FIL Ltd 0.11% of their portfolio | 15.8m $98.3m | Added +1.8m |
| BAILLIE GIFFORD & CO 0.08% of their portfolio | 15.8m $98.1m | Reduced -44.5k |
| JANUS HENDERSON GROUP PLC 0.04% of their portfolio | 11.4m $70.7m | Reduced -534.0k |
| BAMCO INC /NY/ 0.19% of their portfolio | 10.9m $67.9m | Added +646.4k |
| Greenwoods Asset Management Hong Kong Ltd. 2.98% of their portfolio | 9.9m $61.6m | Added +2.6m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 8.7m $54.4m | Reduced -7.3m |
| HCEP Management Ltd 10.22% of their portfolio | 8.7m $53.9m | Added +1.1m |
| NORGES BANK 0.01% of their portfolio | 7.4m $46.3m | Added +708.0k |
| MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC 4.73% of their portfolio | 6.5m $40.4m | Added +1.3m |
| E Fund Management Co., Ltd. 2.69% of their portfolio | 5.5m $34.0m | Reduced -214.7k |
| HHLR ADVISORS, LTD. 0.69% of their portfolio | 5.2m $32.5m | Reduced -367.6k |
| Carmignac Gestion 0.51% of their portfolio | 4.7m $29.4m | Reduced -513.7k |
| Blue Creek Capital Management Ltd 20.89% of their portfolio | 4.1m $25.3m | Reduced -112.0k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 3.6m $22.7m | Reduced -212.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 3.4m $21.4m | Reduced -6.1m |
| STATE STREET CORP 0.00% of their portfolio | 3.0m $18.5m | Added +344.0k |
| Pinpoint Asset Management Ltd 0.01% of their portfolio | 2.8m $17.5m | Reduced -3.5m |
| SOFTBANK GROUP CORP. 0.17% of their portfolio | 2.4m $15.1m | Unchanged |
| Hel Ved Capital Management Ltd 6.33% of their portfolio | 2.4m $14.7m | Added +218.0k |
| Legal & General Group Plc 0.00% of their portfolio | 2.3m $14.4m | Reduced -214.4k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 2.1m $13.1m | Added +3.5k |
| Robeco Institutional Asset Management B.V. 0.03% of their portfolio | 1.9m $11.8m | Added +239.5k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 1.8m $11.4m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.5m $9.6m | Reduced -357.6k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 1.4m $8.7m | Reduced -752.6k |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 1.4m $8.5m | Added +1.4m |
| MORGAN STANLEY 0.00% of their portfolio | 1.4m $8.4m | Reduced -1.8m |
| Highlander Partners, L.P. 9.36% of their portfolio | 1.3m $8.3m | Reduced -254.6k |
| California Public Employees Retirement System 0.01% of their portfolio | 1.2m $7.3m | Reduced -7.0k |
| BlackRock Inc. 0.00% of their portfolio | 1.0m $6.5m | Added +30.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 1.0m $6.5m | Unchanged |
| TB Alternative Assets Ltd. 1.55% of their portfolio | 1.0m $6.2m | Reduced -140.6k |
| HarbourVest Partners LLC 1.69% of their portfolio | 957.6k $6.0m | Unchanged |
| CAPITAL FUND MANAGEMENT S.A. 0.09% of their portfolio | 910.6k $5.7m | Added +82.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 905.0k $5.6m | Added +36.5k |
| IvyRock Asset Management (HK) Ltd 3.19% of their portfolio | 883.0k $5.5m | Added +220.0k |
| Schonfeld Strategic Advisors LLC 0.04% of their portfolio | 829.8k $5.2m | Reduced -2.5k |
| Quinn Opportunity Partners LLC 0.69% of their portfolio | 803.8k $5.0m | Reduced -196.0k |
| Twenty Acre Capital LP 4.88% of their portfolio | 733.4k $4.6m | Added +158.0k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 709.5k $4.4m | Reduced -31.6k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 704.0k $4.4m | Added +224.4k |
| Hidden Lake Asset Management LP 6.02% of their portfolio | 665.9k $4.1m | Reduced -1.2m |
| MIC Capital Management UK LLP 0.80% of their portfolio | 630.7k $3.9m | Unchanged |
| GAM Holding AG 0.27% of their portfolio | 623.6k $3.9m | Reduced -33.4k |
| Octahedron Capital Management L.P. 6.64% of their portfolio | 618.6k $3.8m | Added +153.6k |
| Parkwood LLC 0.62% of their portfolio | 543.4k $3.4m | Unchanged |
| Harvest Fund Management Co., Ltd 0.65% of their portfolio | 522.5k $3.2m | Reduced -3.0k |
| LMR Partners LLP 0.07% of their portfolio | 502.3k $3.1m | Unchanged |
| Cubist Systematic Strategies, LLC 0.03% of their portfolio | 471.0k $2.9m | Reduced -149.1k |
| Penserra Capital Management LLC 0.06% of their portfolio | 454.0k $2.8m | Reduced -99.5k |
| Maytree Asset Management Ltd 2.51% of their portfolio | 399.0k $2.5m | New |
| TWINBEECH CAPITAL LP 0.03% of their portfolio | 282.6k $1.8m | New |
| Renaissance Capital LLC 0.93% of their portfolio | 263.9k $1.6m | Added +54.0k |
| NOMURA HOLDINGS INC 0.01% of their portfolio | 208.3k $1.3m | Reduced -424.2k |
| Parametrica Management Ltd 2.43% of their portfolio | 202.7k $1.3m | Added +61.2k |
| PLATINUM INVESTMENT MANAGEMENT LTD 0.04% of their portfolio | 199.1k $1.2m | Unchanged |
| HRT FINANCIAL LP 0.01% of their portfolio | 163.3k $1.0m | Reduced -113.3k |
| China Universal Asset Management Co., Ltd. 0.31% of their portfolio | 162.8k $1.0m | Reduced -77.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 141.4k $1.1m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 141.2k $878.5k | Added +96.8k |
| UBS Group AG 0.00% of their portfolio | 123.6k $768.6k | Reduced -419.6k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 114.8k $714.1k | Added +1.8k |
| OLD MISSION CAPITAL LLC 0.02% of their portfolio | 105.3k $654.7k | Reduced -399.2k |
| BARCLAYS PLC 0.00% of their portfolio | 100.0k $622.0k | Reduced -298.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 92.4k $574.6k | New |
| Rock Creek Group LLC 0.08% of their portfolio | 90.0k $559.8k | Reduced -143.8k |
| Handelsbanken Fonder AB 0.00% of their portfolio | 88.7k $552.0k | Added +14.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 86.2k $536.3k | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 83.1k $516.6k | Added +4.7k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 70.9k $440.8k | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 66.5k $413.7k | Reduced -571.6k |
| ExodusPoint Capital Management, LP 0.00% of their portfolio | 57.3k $357.0k | Reduced -2.9m |
| LAKE STREET ADVISORS GROUP, LLC 0.02% of their portfolio | 57.0k $354.0k | Unchanged |
| Engineers Gate Manager LP 0.01% of their portfolio | 49.6k $308.4k | New |
| PROFUND ADVISORS LLC 0.02% of their portfolio | 49.0k $305.1k | Reduced -4.1k |
| Headlands Technologies LLC 0.09% of their portfolio | 45.4k $282.4k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 44.3k $275.7k | Reduced -39.8k |
| MIRABELLA FINANCIAL SERVICES LLP 0.03% of their portfolio | 43.5k $270.6k | New |
| Aubrey Capital Management Ltd 0.18% of their portfolio | 43.0k $267.2k | Added +18.0k |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 37.6k $233.6k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 36.7k $228.1k | New |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 35.1k $218.1k | Reduced -89.0k |
| GSA CAPITAL PARTNERS LLP 0.02% of their portfolio | 31.5k $196.0k | Added +16.3k |
| Aberdeen Group plc 0.00% of their portfolio | 30.9k $192.2k | Unchanged |
| Hexagon Capital Partners LLC 0.05% of their portfolio | 29.6k $184.2k | Unchanged |
| XTX Topco Ltd 0.03% of their portfolio | 26.4k $164.2k | New |
| DRW Securities, LLC 0.01% of their portfolio | 24.4k $152.0k | Added +7.3k |
| Harel Insurance Investments & Financial Services Ltd. 0.00% of their portfolio | 23.3k $145.0k | Reduced -1.7k |
| Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio | 21.5k $133.4k | Added +2.6k |
| AXQ CAPITAL, LP 0.15% of their portfolio | 19.6k $121.9k | New |