Full Truck Alliance -spn Adr (YMM) 13F Positioning & Ownership Changes (Q2 2026)

YMM ranks #2497 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

YMM is a top-conviction position for Empower Harvest Management Services, Inc. — at 100.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in YMM belongs to First Beijing Investment Ltd, but the position matters far more to Empower Harvest Management Services, Inc., who has 100.0% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Alpine Investment Management Ltd has added to its YMM position for two straight quarters, increasing it by $59.9M to reach $139.7M today.

Schroder Investment Management Group has trimmed its YMM position for two straight quarters, cutting it by $401.6M while still holding $111.9M.

YMM is up 1.4% today, and institutions have been net buyers of $480.6M this quarter — today's price move and the underlying institutional flow are pointing the same direction.

YMM closed its latest fiscal year with net income of $4.5B, and currently trades at a P/E of 40.5.

• Profitable — net income of $4.5B in the latest fiscal year
• Revenue grew 11.1% year over year
• Net income improved year over year, from $3.1B to $4.5B
• Generated $4.6B in positive operating cash flow
• Current ratio of 8.09x — enough short-term assets to cover short-term liabilities
• Liabilities run 0.08x equity — within a conventional range