13FPulse
YM

YMM FULL TRUCK ALLIANCE -SPN ADR

2026Q2 · CUSIP 35969L108 · Sector: Technology

Piling in

Net holder growth ranks near the top of the market

Funds that own it
243
Institutions that reported holding it to the SEC
Net increase in holders
+42
Last quarter 201 → now 243
How unusual is that
Top 10%
Stronger buying than 93% of US stocks
What the filings say, in one paragraph

243 funds held YMM at the end of 2026Q2, up 42 from the quarter before. That is stronger buying than 93.2% of US stocks — among the most piled-into names this quarter. On the business itself, the P/E is 13.9x. YMM has had 7 buying rushes in its history, and the price moved +0.7% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Technology sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2021Q3: holders=56 2021Q4: holders=95 2022Q1: holders=87 2022Q2: holders=107 2022Q3: holders=105 2022Q4: holders=126 2023Q1: holders=132 2023Q2: holders=117 2023Q3: holders=120 2023Q4: holders=148 2024Q1: holders=145 2024Q2: holders=177 2024Q3: holders=169 2024Q4: holders=195 2025Q1: holders=246 2025Q2: holders=229 2025Q3: holders=229 2025Q4: holders=211 2026Q1: holders=201 2026Q2: holders=243 -51 -25.5 +0 +25.5 +51 50155259 21Q322Q122Q323Q123Q324Q124Q325Q125Q326Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 7 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 10%
2025Q1 Top 5% +0.7% -10.6%
2024Q2 Top 10% +24.2% +10.1%
2023Q4 Top 20% +16.1% +48.0%
2022Q4 Top 20% +3.4% -16.5%
2022Q2 Top 10% -9.2% +6.2%
2021Q4 Top 20% -14.4% -33.3%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
136
Change in large funds
+43
Total value they hold
$6.0B
Funds buying for the first time
89
Funds that sold out entirely
47
Price change that quarter
+1.7%
Funds holding puts (bearish)
4
Funds holding calls (bullish)
4

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
13.9
EPS (TTM)
$0.62
EPS YoY
+40.0%
Revenue (TTM)
Revenue YoY
Net margin
ROE
Debt ratio
6.9%
FCF (TTM)
$4.5B
Dividend (TTM)
No dividend

As of 2025-12-31 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.