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 ($193.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.04. Options: 11 managers hold calls ($77.4m notional), 9 hold puts ($6.9m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 105 |
| Q4 2022 | 127 |
| Q1 2023 | 134 |
| Q2 2023 | 119 |
| Q3 2023 | 122 |
| Q4 2023 | 150 |
| Q1 2024 | 148 |
| Q2 2024 | 178 |
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 |
| Q3 2023 | 58 | 62 |
| Q4 2023 | 76 | 59 |
| Q1 2024 | 82 | 70 |
| Q2 2024 | 103 | 68 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $15.0m | $2.1m | 0.14 |
| Q4 2023 | $38.2m | $2.0m | 0.05 |
| Q1 2024 | $66.2m | $2.5m | 0.04 |
| Q2 2024 | $77.4m | $6.9m | 0.09 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +53.4m |
| Greenwoods Asset Management Hong Kong Ltd. | Added | +11.4m |
| OLP CAPITAL MANAGEMENT Ltd | New | +7.9m |
| NOMURA ASSET MANAGEMENT CO LTD | Added | +4.7m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +3.7m |
| FIL Ltd | Added | +3.5m |
| Pictet Asset Management Holding SA | New | +3.3m |
| SYLEBRA CAPITAL LLC | Added | +2.9m |
| CITADEL ADVISORS LLC | Added | +2.7m |
| Qube Research & Technologies Ltd | Added | +2.7m |
Biggest sellers
| HSG Holding Ltd | Reduced | -25.0m |
| MORGAN STANLEY | Reduced | -16.2m |
| Krane Funds Advisors LLC | Reduced | -6.2m |
| HCEP Management Ltd | Sold out | -5.7m |
| BANK OF AMERICA CORP /DE/ | Reduced | -5.4m |
| Alpine Investment Management Ltd | Reduced | -2.3m |
| JUPITER ASSET MANAGEMENT LTD | Sold out | -1.9m |
| Pinpoint Asset Management Ltd | Reduced | -1.8m |
| SB INVESTMENT ADVISERS (UK) LTD | Reduced | -1.3m |
| JANUS HENDERSON GROUP PLC | Reduced | -871.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $38.6m4.8m shares |
| JANE STREET GROUP, LLC | Reduced | $28.1m3.5m shares |
| UBS Group AG | Reduced | $3.1m381.4k shares |
| MILLENNIUM MANAGEMENT LLC | New | $3.1m380.0k shares |
| Walleye Capital LLC | New | $2.3m280.0k shares |
| Walleye Trading LLC | Added | $1.1m137.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $457.0k56.9k shares |
| CITADEL ADVISORS LLC | Added | $361.8k45.0k shares |
| GROUP ONE TRADING LLC | Reduced | $358.6k44.6k shares |
| Centiva Capital, LP | New | $80.4k10.0k shares |
Biggest puts
| Walleye Trading LLC | New | $3.4m425.0k shares |
| MILLENNIUM MANAGEMENT LLC | New | $1.1m140.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.0m124.9k shares |
| SIMPLEX TRADING, LLC | Added | $664.0k82.7k shares |
| GROUP ONE TRADING LLC | Added | $333.7k41.5k shares |
| JANE STREET GROUP, LLC | Reduced | $182.5k22.7k shares |
| CITADEL ADVISORS LLC | Reduced | $151.2k18.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
| FNY Investment Advisers, LLC | New | $0100 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 2024
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 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| JPMORGAN CHASE & CO 0.02% of their portfolio | 65.0m $523.0m | Added +53.4m |
| All-Stars Investment Ltd 89.87% of their portfolio | 31.3m $251.8m | Reduced -103.7k |
| Invesco Ltd. 0.05% of their portfolio | 30.2m $242.6m | Reduced -79.1k |
| Krane Funds Advisors LLC 9.31% of their portfolio | 27.4m $220.7m | Reduced -6.2m |
| Greenwoods Asset Management Hong Kong Ltd. 5.72% of their portfolio | 27.0m $217.0m | Added +11.4m |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 1.23% of their portfolio | 25.9m $207.8m | Reduced -434.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 25.7m $206.8m | Added +24.3k |
| MORGAN STANLEY 0.02% of their portfolio | 25.0m $201.0m | Reduced -16.2m |
| ALKEON CAPITAL MANAGEMENT LLC 0.96% of their portfolio | 23.4m $187.8m | Unchanged |
| HSG Holding Ltd 6.38% of their portfolio | 21.9m $173.0m | Reduced -25.0m |
| WFM ASIA (BVI) Ltd 19.06% of their portfolio | 17.6m $141.5m | Unchanged |
| FIL Ltd 0.14% of their portfolio | 17.6m $141.2m | Added +3.5m |
| Mubadala Investment Co PJSC 0.55% of their portfolio | 16.8m $134.9m | Unchanged |
| BAILLIE GIFFORD & CO 0.10% of their portfolio | 15.4m $124.0m | Reduced -42.0k |
| SC US (TTGP), LTD. 0.85% of their portfolio | 13.1m $105.0m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 11.8m $95.1m | Added +2.7m |
| JANUS HENDERSON GROUP PLC 0.05% of their portfolio | 10.9m $87.9m | Reduced -871.3k |
| BAMCO INC /NY/ 0.24% of their portfolio | 10.3m $82.7m | Reduced -539.1k |
| NORGES BANK 0.01% of their portfolio | 8.4m $67.5m | Added +327.8k |
| SB INVESTMENT ADVISERS (UK) LTD 0.62% of their portfolio | 8.3m $67.0m | Reduced -1.3m |
| SYLEBRA CAPITAL LLC 2.39% of their portfolio | 8.0m $64.4m | Added +2.9m |
| OLP CAPITAL MANAGEMENT Ltd 9.47% of their portfolio | 7.9m $63.2m | New |
| Pinpoint Asset Management Ltd 8.89% of their portfolio | 7.8m $63.1m | Reduced -1.8m |
| MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC 12.14% of their portfolio | 6.9m $55.8m | Reduced -52.5k |
| INDUS CAPITAL PARTNERS, LLC 28.06% of their portfolio | 5.7m $45.8m | Reduced -514.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 5.7m $45.8m | Reduced -5.4m |
| E Fund Management Co., Ltd. 2.31% of their portfolio | 5.2m $41.8m | Reduced -288.7k |
| NOMURA ASSET MANAGEMENT CO LTD 0.13% of their portfolio | 4.7m $37.9m | Added +4.7m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.14% of their portfolio | 4.6m $36.7m | Added +3.7m |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 4.4m $35.3m | Added +2.7m |
| BRILLIANCE ASSET MANAGEMENT LTD 8.65% of their portfolio | 4.3m $34.4m | Added +1.1m |
| Carrhae Capital LLP 5.22% of their portfolio | 4.0m $31.9m | Added +588.7k |
| UBS Group AG 0.01% of their portfolio | 3.4m $27.1m | Added +1.0m |
| Yunqi Capital Ltd 17.11% of their portfolio | 3.4m $27.1m | Unchanged |
| Robeco Institutional Asset Management B.V. 0.06% of their portfolio | 3.3m $26.9m | Added +890.4k |
| Pictet Asset Management Holding SA 0.03% of their portfolio | 3.3m $26.7m | New |
| SOFTBANK GROUP CORP. 0.06% of their portfolio | 3.0m $24.5m | Added +1.6m |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 3.0m $24.1m | Added +2.7m |
| IvyRock Asset Management (HK) Ltd 9.74% of their portfolio | 2.8m $22.9m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 2.5m $19.7m | Added +239.5k |
| WCM INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 2.4m $19.8m | New |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 2.1m $16.8m | Added +23.9k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.05% of their portfolio | 2.0m $16.0m | Added +1.8m |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 2.0m $15.9m | Reduced -854.7k |
| Perpetual Ltd 0.16% of their portfolio | 1.9m $14.9m | Added +208.8k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 1.8m $14.3m | Added +1.6m |
| Taikang Asset Management (Hong Kong) Co Ltd 2.02% of their portfolio | 1.6m $13.0m | New |
| Highlander Partners, L.P. 7.96% of their portfolio | 1.5m $12.0m | Unchanged |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 1.4m $11.2m | Added +55.1k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 1.4m $11.2m | Added +871.3k |
| Legal & General Group Plc 0.00% of their portfolio | 1.3m $10.1m | Added +12.9k |
| BlackRock Inc. 0.00% of their portfolio | 1.2m $9.7m | Added +337.8k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 1.1m $9.1m | Added +1.1m |
| Squarepoint Ops LLC 0.03% of their portfolio | 1.1m $9.1m | Added +1.1m |
| FengHe Fund Management Pte. Ltd. 1.25% of their portfolio | 1.1m $9.0m | New |
| KADENSA CAPITAL Ltd 2.09% of their portfolio | 1.1m $8.9m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 1.1m $8.8m | Added +46.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 1.1m $8.6m | Reduced -851.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 1.1m $8.5m | Added +40.6k |
| California Public Employees Retirement System 0.01% of their portfolio | 1.0m $8.2m | Reduced -101.0k |
| Capitolis Liquid Global Markets LLC 0.10% of their portfolio | 1.0m $8.0m | New |
| HarbourVest Partners LLC 4.10% of their portfolio | 957.6k $7.7m | Unchanged |
| Twenty Acre Capital LP 6.77% of their portfolio | 888.8k $7.3m | Reduced -200.6k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 869.3k $7.0m | New |
| FEDERATED HERMES, INC. 0.02% of their portfolio | 866.4k $7.0m | Added +168.7k |
| Cubist Systematic Strategies, LLC 0.12% of their portfolio | 854.1k $6.9m | Added +820.9k |
| Alpine Investment Management Ltd 2.60% of their portfolio | 842.3k $6.8m | Reduced -2.3m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 811.9k $6.5m | Reduced -6.8k |
| Tiger Pacific Capital LP 1.88% of their portfolio | 811.0k $6.5m | New |
| GAM Holding AG 0.48% of their portfolio | 780.8k $6.3m | Reduced -161.9k |
| Alberta Investment Management Corp 0.06% of their portfolio | 735.0k $5.9m | New |
| Liontrust Investment Partners LLP 0.08% of their portfolio | 730.0k $5.9m | New |
| TB Alternative Assets Ltd. 1.19% of their portfolio | 635.9k $5.1m | Unchanged |
| MIC Capital Management UK LLP 1.10% of their portfolio | 630.7k $5.1m | Unchanged |
| OVERSEA-CHINESE BANKING Corp Ltd 0.15% of their portfolio | 614.2k $4.9m | New |
| WESTPAC BANKING CORP 0.37% of their portfolio | 578.3k $4.6m | Added +57.8k |
| Harvest Fund Management Co., Ltd 0.31% of their portfolio | 539.9k $4.3m | Reduced -51.4k |
| Quadrature Capital Ltd 0.07% of their portfolio | 508.3k $4.1m | Added +481.7k |
| Walleye Capital LLC 0.04% of their portfolio | 488.0k $3.9m | Added +418.6k |
| Man Group plc 0.01% of their portfolio | 484.0k $3.9m | New |
| CITIGROUP INC 0.00% of their portfolio | 456.2k $3.7m | Reduced -179.6k |
| Catalyst Funds Management Pty Ltd 0.98% of their portfolio | 454.6k $3.7m | New |
| Octahedron Capital Management L.P. 3.49% of their portfolio | 432.3k $3.5m | Reduced -133.0k |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.09% of their portfolio | 397.2k $3.2m | Not comparable |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 384.3k $3.1m | Added +74.7k |
| Hel Ved Capital Management Ltd 1.07% of their portfolio | 382.6k $3.1m | Reduced -550.4k |
| Point72 Hong Kong Ltd 0.18% of their portfolio | 362.8k $2.9m | New |
| ABS Direct Equity Fund LLC 3.22% of their portfolio | 356.5k $2.9m | Reduced -47.5k |
| Parametrica Management Ltd 3.78% of their portfolio | 355.3k $2.9m | Unchanged |
| China Universal Asset Management Co., Ltd. 0.40% of their portfolio | 350.0k $2.8m | Added +37.9k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 334.0k $2.7m | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 302.3k $2.4m | Reduced -93.2k |
| NOMURA HOLDINGS INC 0.01% of their portfolio | 290.1k $2.3m | Added +121.0k |
| Polymer Capital Management (HK) LTD 0.44% of their portfolio | 270.0k $2.2m | Reduced -89.0k |
| HRT FINANCIAL LP 0.01% of their portfolio | 251.3k $2.0m | Reduced -39.5k |
| Penserra Capital Management LLC 0.03% of their portfolio | 248.5k $2.0m | Reduced -89.5k |
| Ramirez Asset Management, Inc. 0.38% of their portfolio | 235.0k $1.9m | Reduced -11.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 228.1k $1.8m | Added +165.5k |
| GSA CAPITAL PARTNERS LLP 0.12% of their portfolio | 214.0k $1.7m | Added +173.8k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 211.3k $1.7m | Added +17.7k |