Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Full Truck Alliance Co Ltd (YMM)

201 + Investors. Track Smart Money conviction in YMM. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -9
Streak
2Q ▼
Buyers last Q
48%

Smart Money Signals — YMM

Based on 201 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their YMM positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 83% of 3.0Y peak

83% of all-time peak
201 funds currently hold this stock — 83% of the 3.0-year high of 243 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 17% fewer funds vs a year ago

fund count last 6Q
42 fewer hedge funds hold YMM compared to a year ago (-17% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 48% buying

109 buying120 selling
Last quarter: 120 funds reduced or exited vs 109 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
📈

More new buyers each quarter (+8 vs last Q)

new funds entering per quarter
Funds opening a new YMM position: 38 → 44 → 34 → 42. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

43% of holders stayed for 2+ years

■ 43% conviction (2yr+) ■ 32% medium ■ 25% new
86 out of 201 hedge funds have held YMM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -6%, value -32%

Value
-32%
Shares
-6%
Last quarter: funds added -6% more shares while total portfolio value only changed -32%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~42 new funds/quarter

65 → 38 → 44 → 34 → 42 new funds/Q
New funds entering each quarter: 38 → 44 → 34 → 42. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 51% veterans vs 30% newcomers

■ 51% veterans ■ 19% 1-2yr ■ 30% new
Entry-cohort mix of 208 holders: 107 (51%) are 2+ year veterans, 39 entered 1–2 years ago, and 62 (30%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 35% AUM from major funds

35% from top-100 AUM funds
43 of 200 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — YMM

In 2026 Q1, 109 hedge funds were net buyers of YMM (42 opened a new position, 67 added to an existing one), while 120 reduced or exited (69 trimmed, 51 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 35% of total institutional value in YMM is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -9 funds (more exits than new entries). Total institutional holders: 201.

Hedge Fund Ownership: YMM

How many hedge funds hold YMM — quarterly history vs. share price
Quarterly hedge fund ownership of YMM vs. share price

Market Analysis: YMM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: YMM

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Full Truck Alliance Co Ltd (YMM) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much YMM has moved relative to its sector benchmark (XLK) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
YMM
-1.5%
XLK
+39.8%

YMM outperformed XLK by -41.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
YMM
-5.6%
XLK
+5.4%

Since the filing became public, YMM outperformed XLK by -11.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

17 top-rated funds 6 high-conviction
Consensus
5.5
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: YMM
201 + Investors

Track Smart Money conviction in YMM. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 201 210 -4.29%
13F Shares 699M 747M -6.42%
Total Value $5.44B $8.01B -32.09%
New Positions 42 34 +8
Increased Positions 67 72 -5
Closed Positions 51 52 -1
Reduced Positions 66 76 -10
Total Calls 4 3 33.33%
Total Puts 4 3 33.33%
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: YMM

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

201 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in YMM. Verified SEC 13F-HR filings.

QUARTER:
Top 25 YMM holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Empower Harvest Management Services, INC. 100.00% 8,970,263 $74.5M
2 Newport Asia LLC 100.00% 205,876 $2.2M
3 All-Stars Investment Ltd 88.99% 22,095,164 $183.4M
4 Working Capital Advisors (UK) Ltd. 38.14% 2,715,834 $22.5M
5 First Beijing Investment Ltd 32.22% 90,000,895 $747.0M
6 OLP CAPITAL MANAGEMENT Ltd 24.21% 13,767,769 $114.3M
7 Alpine Investment Management Ltd 22.88% 11,050,000 $91.7M
8 Brilliance Asset Management Ltd 15.97% 6,522,380 $54.1M
9 Notable Capital Management, L.L.C. 12.60% 810,448 $6.7M
10 Krane Funds Advisors LLC 9.70% 28,600,929 $236.2M
11 Greenwoods Asset Management Hong Kong Ltd. 8.77% 40,957,519 $339.9M
12 North of South Capital LLP 8.29% 11,118,123 $92.3M
13 Harbourvest Partners LLC 7.88% 957,580 $7.9M
14 Serenity Capital Management PTE. LTD. 7.39% 3,687,779 $30.6M
15 Pinpoint Asset Management (Singapore) Pte. Ltd. 3.67% 1,911,741 $15.9M
16 Triata Capital Ltd 3.49% 2,317,919 $19.2M
17 Yiheng Capital Management, L.P. 1.85% 513,248 $4.3M
18 Quantessence Capital LLC 1.70% 41,976 $348K
19 Boundless Plain Holdings Ltd 1.38% 510,383 $4.2M
20 Sc US (ttgp), LTD. 1.17% 13,057,904 $108.4M
21 E Fund Management Co., Ltd. 1.11% 4,508,935 $37.4M
22 Davis Selected Advisers 1.10% 28,763,191 $238.7M
23 Morgan Creek Capital Management, LLC 0.95% 174,105 $1.4M
24 Mondrian Investment Partners LTD 0.92% 7,397,162 $61.4M
25 Matthews International Capital Management LLC 0.87% 257,827 $2.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Full Truck Alliance Co Ltd (YMM)

What does the Smart Money Trend signal show for YMM?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their YMM positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for YMM?

More sellers than buyers — 48% buying: Last quarter: 120 funds reduced or exited vs 109 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for YMM holders?

Strong quality — 35% AUM from major funds: 43 of 200 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held YMM?

43% of holders stayed for 2+ years: 86 out of 201 hedge funds have held YMM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Full Truck Alliance Co Ltd (YMM) following the 2026 Q1 hedge fund 13F filings?

As of today, YMM has moved -5.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.4% for the XLK sector ETF — an outperformance of -11.0%. Since the quarter end (March 31, 2026), YMM has gained -1.5% vs +39.8% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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