Full Truck Alliance -SPN ADRYMM
13F holders, Q4 2025 (December 31)211holders −18
26new positions
46sold out
5famous investors
$10.73avg. 13F price*
At the end of Q4 2025, 211 institutions reported holding Full Truck Alliance -SPN ADR (YMM) in their 13F filings, down 18 from Q3 2025. 26 opened new positions and 46 sold out. The largest holders were First Beijing Investment Ltd ($822.1M), FIL Ltd ($690.8M) and Invesco Ltd. ($625.3M). 5 famous investors held it, including Howard Marks (0.8% of Oaktree Capital Management's portfolio), Ron Baron (0.2% of Baron Capital (BAMCO)'s portfolio) and David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio).
- Company
- Full Truck Alliance -SPN ADR
- CUSIP
- 35969L108
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 26 | $232.4M |
| Exits | 46 | $223.3M |
All 13F filers, Q3 2025 → Q4 2025: 101,321,058 shares bought and 77,774,959 shares sold, net +23,546,099 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 211 holders
| First Beijing Investment Ltd | 32.42% | Add +11.6% | 76,616,568 | $822.1M |
| FIL Ltd | 0.52% | Add +1.6% | 64,382,173 | $690.8M |
| Invesco Ltd. | 0.06% | Add +7.5% | 58,272,671 | $625.3M |
| Schroder Investment Management Group | 0.39% | Add +43.6% | 47,859,035 | $513.5M |
| Vanguard Group Inc. | 0.01% | Add +1.4% | 33,004,634 | $354.1M |
| Krane Funds Advisors LLC | 11.18% | Add +14.0% | 32,100,736 | $344.4M |
| Greenwoods Asset Management Hong Kong Ltd. | 7.59% | No change | 28,597,879 | $306.9M |
| Aspex Management (HK) Ltd | 5.18% | No change | 23,763,953 | $255.0M |
| All-Stars Investment Ltd | 88.62% | No change | 22,095,164 | $237.1M |
| FMR LLC | 0.01% | Reduce -37.5% | 21,744,763 | $233.3M |
| Kontiki Capital Management (HK) Ltd. | 12.71% | Add +32.8% | 20,380,969 | $218.7M |
| JPMorgan Chase & Co. | 0.01% | Reduce -21.3% | 18,127,264 | $194.5M |
| Mitsubishi UFJ Trust & Banking Corp | 0.45% | Add +65.5% | 17,625,617 | $189.1M |
| Davis Selected Advisers | 0.85% | Add +17.1% | 17,537,524 | $188.2M |
| Capital International Investors | 0.03% | Add +13.9% | 16,533,004 | $177.4M |
| OLP CAPITAL MANAGEMENT Ltd | 31.38% | Add +198.7% | 15,007,851 | $161.0M |
| Morgan Stanley | 0.01% | Reduce -36.8% | 14,769,842 | $158.5M |
| WFM ASIA (BVI) Ltd | 19.52% | Reduce -20.5% | 14,650,662 | $157.2M |
| Alkeon Capital Management LLC | 0.67% | No change | 14,198,535 | $152.4M |
| SC US (ttgp), LTD. | 1.00% | No change | 13,057,904 | $140.1M |
| North of South Capital LLP | 10.46% | Add +2.3% | 10,847,821 | $116.4M |
| UBS Group AG | 0.02% | Add +690.5% | 9,411,834 | $101.0M |
| Empower Harvest Management Services, Inc. | 100.00% | No change | 8,970,263 | $96.3M |
| Norges Bank | 0.01% | — | 8,622,839 | $92.5M |
| Wellington Management Group LLP | 0.02% | New | 8,191,592 | $87.9M |
| Alpine Investment Management Ltd | 35.88% | Add +86.1% | 7,444,800 | $79.9M |
| Sands Capital Management, LLC | 0.20% | Reduce -9.5% | 6,123,768 | $65.7M |
| Baron Capital (BAMCO) | 0.17% | Reduce -8.6% | 5,772,623 | $61.9M |
| Mondrian Investment Partners LTD | 0.98% | New | 5,548,648 | $59.5M |
| SB Investment Advisers (uk) Ltd. | 0.57% | Reduce -47.9% | 5,272,390 | $56.6M |
| Goldman Sachs Group Inc. | 0.01% | Reduce -16.9% | 5,054,721 | $54.2M |
| Capital International, Inc. | 0.33% | Add +1.1% | 3,900,483 | $41.9M |
| Softbank Group Corp. | 0.27% | Reduce -11.8% | 3,884,483 | $41.7M |
| Carrhae Capital LLP | 2.72% | Add +42.4% | 3,807,441 | $40.9M |
| Oaktree Capital Management | 0.83% | Reduce -7.3% | 3,519,764 | $37.8M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.04% | Add +2.2% | 3,103,462 | $33.3M |
| Polunin Capital Partners Ltd | 4.79% | Add +0.2% | 3,152,133 | $31.1M |
| Robeco Institutional Asset Management B.V. | 0.04% | Add +13.5% | 2,811,870 | $30.2M |
| Nordea Investment Management AB | 0.02% | Add +36.9% | 2,326,558 | $25.1M |
| Russell Investments Group, Ltd. | 0.03% | Add +2.7% | 2,320,735 | $24.9M |
| Jane Street Group, LLC | 0.03% | Add +36.1% | 2,229,380 | $23.9M |
| Janus Henderson Group PLC | 0.01% | Reduce -18.3% | 2,221,204 | $23.8M |
| Pinpoint Asset Management (Singapore) Pte. Ltd. | 4.76% | Reduce -47.6% | 2,130,451 | $22.9M |
| Marshall Wace, LLP | 0.02% | New | 2,081,499 | $22.3M |
| Triata Capital Ltd | 2.61% | Add +98.6% | 2,004,719 | $21.5M |
| State Street Corp. | 0.00% | Reduce -0.7% | 1,868,264 | $20.0M |
| Cederberg Capital Ltd | 6.37% | Reduce -25.9% | 1,828,900 | $19.6M |
| Serenity Capital Management Pte. LTD. | 5.15% | New | 1,807,769 | $19.4M |
| Legal & General Group Plc | 0.00% | Add +18.6% | 1,775,293 | $19.0M |
| Manufacturers Life Insurance Company, The | 0.01% | Reduce -27.1% | 1,627,148 | $17.5M |
| Bank of America Corp. | 0.00% | Reduce -58.3% | 1,594,840 | $17.1M |
| Working Capital Advisors (UK) Ltd. | 22.66% | Add +124.4% | 1,583,350 | $17.0M |
| BNP Paribas Financial Markets | 0.01% | Reduce -40.4% | 1,552,183 | $16.7M |
| OVERSEA-CHINESE BANKING Corp Ltd | 0.46% | Reduce -4.3% | 1,541,153 | $16.5M |
| Franklin Resources Inc. | 0.00% | Add +23.0% | 1,348,557 | $14.5M |
| Citigroup Inc. | 0.01% | Reduce -4.6% | 1,331,148 | $14.3M |
| Matthews International Capital Management LLC | 4.22% | Reduce -30.0% | 1,296,189 | $13.9M |
| Highlander Partners, L.P. | 4.73% | No change | 1,228,237 | $13.2M |
| HSBC Holdings PLC | 0.01% | Reduce -47.9% | 1,216,792 | $13.1M |
| C WorldWide Group Holding A/S | 0.22% | Reduce -13.2% | 1,187,700 | $12.7M |
| Capitolis Liquid Global Markets LLC | 0.07% | New | 1,167,500 | $12.5M |
| SG Americas Securities, LLC | 0.02% | Add +534.0% | 1,146,420 | $12.3M |
| Harvest Fund Management Co., Ltd | 0.43% | Add +23.4% | 986,505 | $11.5M |
| BlackRock, Inc. | 0.00% | Add +45.0% | 1,043,979 | $11.2M |
| D. E. Shaw & Co. | 0.01% | Reduce -56.5% | 1,007,460 | $10.8M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +0.1% | 978,389 | $10.5M |
| HarbourVest Partners LLC | 5.90% | No change | 957,580 | $10.3M |
| HRT Financial LP | 0.03% | Add +1953.8% | 941,278 | $10.1M |
| Perpetual Ltd | 0.13% | Reduce -22.5% | 853,980 | $9.2M |
| GF Fund Management Co. LTD. | 0.15% | Add +0.8% | 817,402 | $8.8M |
| Notable Capital Management, L.L.C. | 11.86% | New | 810,448 | $8.7M |
| BRIGHT VALLEY CAPITAL Ltd | 5.50% | Reduce -70.6% | 755,876 | $8.1M |
| T. Rowe Price Associates Inc. | 0.00% | No change | 697,661 | $7.5M |
| Barclays PLC | 0.00% | Add +18.2% | 678,130 | $7.3M |
| Ameriprise Financial Inc. | 0.00% | Reduce -79.0% | 675,130 | $7.2M |
| California Public Employees Retirement System | 0.00% | Reduce -36.6% | 661,814 | $7.1M |
| Lazard Asset Management LLC | 0.01% | Reduce -7.0% | 635,723 | $6.8M |
| LMR Partners LLP | 0.09% | New | 630,210 | $6.8M |
| Pictet Asset Management Holding SA | 0.01% | Reduce -54.5% | 567,782 | $6.1M |
| Liontrust Investment Partners LLP | 0.09% | Reduce -40.6% | 545,668 | $5.9M |
| 1832 Asset Management L.P. | 0.01% | New | 516,223 | $5.5M |
| Boundless Plain Holdings Ltd | 1.75% | — | 510,383 | $5.5M |
| AIA Group Ltd | 0.08% | Add +10.8% | 510,066 | $5.5M |
| State of New Jersey Common Pension Fund D | 0.02% | Add +45.2% | 498,759 | $5.4M |
| BLI - Banque de Luxembourg Investments | 0.15% | Add +84.0% | 482,000 | $5.3M |
| TB Alternative Assets Ltd. | 0.82% | Reduce -9.1% | 468,434 | $5.0M |
| Schonfeld Strategic Advisors LLC | 0.03% | Add +272.1% | 466,297 | $5.0M |
| Van Eck Associates Corp. | 0.00% | Reduce -24.6% | 462,943 | $5.0M |
| Pinebridge Investments Asia Ltd. | 1.42% | — | 459,229 | $4.9M |
| Citadel Advisors | 0.00% | Add +34.1% | 439,843 | $4.7M |
| Yiheng Capital Management, L.P. | 1.92% | New | 411,143 | $4.4M |
| Fideuram Asset Management (Ireland) dac | 0.32% | — | 344,209 | $4.0M |
| Geode Capital Management, LLC | 0.00% | Add +22.0% | 308,502 | $3.3M |
| Public Employees Retirement System of Ohio | 0.01% | No change | 305,844 | $3.3M |
| GAM Holding AG | 0.21% | Reduce -52.6% | 303,655 | $3.3M |
| B. Metzler seel. Sohn & Co. AG | 0.03% | Add +47.2% | 299,388 | $3.2M |
| Federated Hermes, Inc. | 0.01% | Reduce -50.7% | 292,745 | $3.1M |
| ABS Direct Equity Fund LLC | 3.48% | No change | 272,619 | $2.9M |
| Qube Research & Technologies Ltd | 0.00% | Reduce -85.9% | 267,685 | $2.9M |
| Capital International Sarl | 0.05% | Add +0.8% | 266,548 | $2.9M |
"% of holder's portfolio" is YMM's weight in each manager's 13F, not the share of Full Truck Alliance -SPN ADR the manager owns.