Sands Capital Management
YMM icon

Sands Capital Management’s Full Truck Alliance YMM Stock Holding History

Sands Capital Management’s Portfolio YMM Stock Details YMM Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q2 		$34.9M Sell
4,294,886
-675,893
-14% -$5.75M 0.13% 53
2026
Q1 		$41.3M Sell
4,970,779
-1,152,989
-19% -$11M 0.16% 48
2025
Q4 		$65.7M Sell
6,123,768
-643,087
-10% -$7.71M 0.2% 51
2025
Q3 		$87.8M Sell
6,766,855
-159,741
-2% -$1.98M 0.24% 52
2025
Q2 		$81.8M Sell
6,926,596
-3,323,696
-32% -$38.7M 0.23% 55
2025
Q1 		$131M Buy
10,250,292
+4,092,253
+66% +$49.3M 0.45% 42
2024
Q4 		$66.6M Buy
+6,158,039
New +$60.1M 0.2% 53

Other funds holding YMM

FBIL
First Beijing Investment Ltd Hong Kong $2.44B AUM 18.47% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return
Fidelity International
Fidelity International Hamilton, Bermuda $139B AUM 29.06% 1-Year Est. Return
GAMH
Greenwoods Asset Management (HK) Hong Kong $2.19B AUM 50.16% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
KFA
Krane Funds Advisors New York $2.82B AUM 0.41% 1-Year Est. Return
DSA
Davis Selected Advisers Tucson, Arizona $23.3B AUM 26.95% 1-Year Est. Return
Vanguard Capital Management
Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM
JP Morgan Chase
JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return
Mitsubishi UFJ Trust & Banking
Mitsubishi UFJ Trust & Banking Tokyo, Japan $45.7B AUM 34.08% 1-Year Est. Return

Sands Capital Management's YMM Position: Q2 2026 in Review

Sands Capital Management reduced its Full Truck Alliance (YMM) stake by 14% in Q2 2026, selling an estimated $5.75M and leaving 4,294,886 shares worth $34.9M. The position accounts for 0.13% of the portfolio, ranked #53.

Sands Capital Management first reported a position in YMM in Q4 2024 and has held it in 7 quarters since. The position peaked at $131M in Q1 2025. 247 funds tracked by Wall St. Rank hold YMM as of Q2 2026.

  • Sands Capital Management held 4,294,886 shares of Full Truck Alliance worth $34.9M as of Q2 2026.
  • Sands Capital Management sold 675,893 Full Truck Alliance shares in Q2 2026, an estimated $5.75M.
  • Full Truck Alliance made up 0.13% of Sands Capital Management's portfolio in Q2 2026, its #53 holding.
  • Sands Capital Management first reported a position in Full Truck Alliance in Q4 2024 and has held it in 7 quarters since.
  • Sands Capital Management's Full Truck Alliance position peaked at $131M in Q1 2025.
  • 247 funds tracked by Wall St. Rank held Full Truck Alliance as of Q2 2026.

Based on Sands Capital Management's 13F filing for Q2 2026, filed 13 Aug 2026.