Who Owns Full Truck Alliance Co. Ltd. (YMM)?Hedge Fund & Institutional Holders
Institutional Holders
50
as of Q4 2025
Total Institutional Value
$8.220953444402989e+265T
% of Float Held
—
QoQ Change in Holders
+15 / -2
Price History
YMM — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| All-Stars Investment Ltd | New Position | +22.1M | +$237.1M |
| Mitsubishi UFJ Trust & Banking Corp | New Position | +17.6M | +$189.1M |
| North of South Capital LLP | New Position | +10.8M | +$116.4M |
| NORGES BANK | New Position | +8.6M | +$92.0M |
| WELLINGTON MANAGEMENT GROUP LLP | New Position | +8.2M | +$84.0M |
| Mondrian Investment Partners LTD | New Position | +5.5M | +$59.5M |
| Robeco Institutional Asset Management B.V. | New Position | +2.8M | +$30.2M |
| NORDEA INVESTMENT MANAGEMENT AB | New Position | +2.3M | +$25.1M |
| MARSHALL WACE, LLP | New Position | +2.1M | +$22.0M |
| SERENITY CAPITAL MANAGEMENT PTE. LTD. | New Position | +1.8M | +$19.4M |
| OVERSEA-CHINESE BANKING Corp Ltd | New Position | +1.5M | +$16.5M |
| MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC | New Position | +1.3M | +$13.9M |
| C WorldWide Group Holding A/S | New Position | +1.2M | +$12.7M |
| SG Americas Securities, LLC | New Position | +1.1M | +$12.3M |
| Capitolis Liquid Global Markets LLC | New Position | +1.2M | +$12.0M |
YMM — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| FMR LLC | Decreased | -13.0M | -$450.8B |
| MORGAN STANLEY | Decreased | -8.6M | -$303.1B |
| JPMORGAN CHASE & CO | Decreased | -4.9M | -$298.4B |
| SB INVESTMENT ADVISERS (UK) LTD | Decreased | -4.9M | -$131.3B |
| SANDS CAPITAL MANAGEMENT, LLC | Decreased | -643K | -$87.7B |
| BAMCO INC /NY/ | Decreased | -542K | -$81.8B |
| GOLDMAN SACHS GROUP INC | Decreased | -1.0M | -$78.8B |
| SOFTBANK GROUP CORP. | Decreased | -522K | -$57.1B |
| HHLR ADVISORS, LTD. | Closed Position | -4.1M | -$52.7B |
| Pinpoint Asset Management (Singapore) Pte. Ltd. | Decreased | -1.9M | -$52.7B |
| BANK OF AMERICA CORP /DE/ | Decreased | -2.2M | -$49.6B |
| OAKTREE CAPITAL MANAGEMENT LP | Decreased | -278K | -$49.2B |
| AMERIPRISE FINANCIAL INC | Decreased | -2.5M | -$41.7B |
| NATIONAL BANK OF CANADA /FI/ | Closed Position | -2.8M | -$35.8B |
| JANUS HENDERSON GROUP PLC | Decreased | -496K | -$35.2B |
Top Institutional Holders(Q4 2025)
| # | Fund | Shares | Value | % of Portfolio | Type |
|---|---|---|---|---|---|
| 1 | First Beijing Investment Ltd | 76,616,568 | $822.1M | 32.42% | Share |
| 2 | Krane Funds Advisors LLC | 32,100,736 | $344.4M | 11.18% | Share |
| 3 | SCHRODER INVESTMENT MANAGEMENT GROUP | 27,957,275 | $299.0M | 0.23% | Share |
| 4 | Invesco Ltd. | 27,679,887 | $297.0M | 0.05% | Share |
| 5 | Greenwoods Asset Management Hong Kong Ltd. | 25,472,967 | $273.3M | 6.76% | Share |
| 6 | VANGUARD GROUP INC | 24,945,308 | $267.7M | 0.00% | Share |
| 7 | FIL Ltd | 23,891,879 | $256.0M | 0.19% | Share |
| 8 | Aspex Management (HK) Ltd | 23,763,953 | $255.0M | 5.16% | Share |
| 9 | All-Stars Investment Ltd | 22,095,164 | $237.1M | 88.62% | Share |
| 10 | Kontiki Capital Management (HK) Ltd. | 20,380,969 | $218.7M | 12.71% | Share |
| 11 | Mitsubishi UFJ Trust & Banking Corp | 17,625,617 | $189.1M | 0.45% | Share |
| 12 | DAVIS SELECTED ADVISERS | 17,537,524 | $188.2M | 0.85% | Share |
| 13 | Capital International Investors | 16,533,004 | $177.0M | 0.03% | Share |
| 14 | OLP CAPITAL MANAGEMENT Ltd | 15,007,851 | $161.0M | 31.38% | Share |
| 15 | WFM ASIA (BVI) Ltd | 14,650,662 | $157.2M | 19.52% | Share |
| 16 | FIL Ltd | 14,397,680 | $154.0M | 0.12% | Share |
| 17 | FIL Ltd | 14,323,527 | $153.0M | 0.11% | Share |
| 18 | SCHRODER INVESTMENT MANAGEMENT GROUP | 14,131,413 | $151.0M | 0.11% | Share |
| 19 | Invesco Ltd. | 13,743,739 | $147.5M | 0.02% | Share |
| 20 | FMR LLC | 13,481,046 | $144.0M | 0.01% | Share |
| 21 | SC US (TTGP), LTD. | 13,057,904 | $140.1M | 1.00% | Share |
| 22 | ALKEON CAPITAL MANAGEMENT LLC | 11,863,844 | $127.0M | 0.20% | Share |
| 23 | JPMORGAN CHASE & CO | 11,584,015 | $124.0M | 0.01% | Share |
| 24 | North of South Capital LLP | 10,847,821 | $116.4M | 10.46% | Share |
| 25 | MORGAN STANLEY | 9,693,123 | $104.0M | 0.01% | Share |
| 26 | EMPOWER HARVEST MANAGEMENT SERVICES, INC. | 8,970,263 | $96.3M | 100.00% | Share |
| 27 | UBS Group AG | 8,895,624 | $95.5M | 0.02% | Share |
| 28 | NORGES BANK | 8,622,839 | $92.0M | 0.01% | Share |
| 29 | Invesco Ltd. | 7,886,027 | $84.6M | 0.01% | Share |
| 30 | Alpine Investment Management Ltd | 7,444,800 | $79.0M | 20.57% | Share |
| 31 | VANGUARD GROUP INC | 6,995,844 | $75.1M | 0.00% | Share |
| 32 | FMR LLC | 6,370,906 | $68.0M | 0.00% | Share |
| 33 | SANDS CAPITAL MANAGEMENT, LLC | 6,123,768 | $65.7M | 0.20% | Share |
| 34 | FIL Ltd | 5,933,225 | $63.0M | 0.05% | Share |
| 35 | BAMCO INC /NY/ | 5,772,623 | $61.9M | 0.17% | Share |
| 36 | Mondrian Investment Partners LTD | 5,548,648 | $59.5M | 0.98% | Share |
| 37 | WELLINGTON MANAGEMENT GROUP LLP | 5,484,865 | $58.0M | 0.01% | Share |
| 38 | SB INVESTMENT ADVISERS (UK) LTD | 5,272,390 | $56.6M | 0.57% | Share |
| 39 | FIL Ltd | 4,941,605 | $53.0M | 0.04% | Share |
| 40 | GOLDMAN SACHS GROUP INC | 4,989,235 | $53.0M | 0.01% | Share |
| 41 | Invesco Ltd. | 4,878,062 | $52.3M | 0.01% | Share |
| 42 | SCHRODER INVESTMENT MANAGEMENT GROUP | 4,489,880 | $48.0M | 0.04% | Share |
| 43 | SOFTBANK GROUP CORP. | 3,884,483 | $41.7M | 0.27% | Share |
| 44 | Capital International, Inc./CA/ | 3,900,483 | $41.0M | 0.32% | Share |
| 45 | Carrhae Capital LLP | 3,807,441 | $40.9M | 1.55% | Share |
| 46 | MORGAN STANLEY | 3,665,111 | $39.0M | 0.00% | Share |
| 47 | OAKTREE CAPITAL MANAGEMENT LP | 3,519,764 | $37.8M | 0.54% | Share |
| 48 | Greenwoods Asset Management Hong Kong Ltd. | 3,124,912 | $33.5M | 0.83% | Share |
| 49 | BNP Paribas Asset Management Holding S.A. | 3,103,462 | $33.0M | 0.04% | Share |
| 50 | JPMORGAN CHASE & CO | 3,095,255 | $33.0M | 0.00% | Share |
YMM Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 210 | $7.9B | +27 |
| Q3 2025 | 183 | $7.8T | -10 |
| Q2 2025 | 193 | $6.0T | -50 |
| Q1 2025 | 243 | $7.7T | +58 |
| Q4 2024 | 185 | $39.9T | +45 |
| Q3 2024 | 140 | $2314.6T | +3 |
| Q2 2024 | 137 | $2028.1T | +25 |
| Q1 2024 | 112 | $1633.4T | — |
Similar Stocks by Institutional Ownership
As of Q4 2025, 50 institutional investors hold YMM (Full Truck Alliance Co. Ltd.). The largest holder is First Beijing Investment Ltd with $822.1M in shares. This quarter, 15 institutions opened new positions and 2 closed their positions.
Frequently Asked Questions
How many hedge funds own YMM?
As of Q4 2025, 50 institutional investors report holding YMM (Full Truck Alliance Co. Ltd.) in their 13F filings.
Who is the largest institutional holder of YMM?
The largest institutional holder of YMM is First Beijing Investment Ltd with $822.1M in shares.
Is institutional ownership of YMM increasing or decreasing?
This quarter, 15 institutions opened new positions in YMM and 2 closed their positions.