Full Truck Alliance
247 hedge funds and large institutions have $6.02B invested in Full Truck Alliance in 2026 Q2 according to their latest regulatory filings, with 88 funds opening new positions, 79 increasing their positions, 58 reducing their positions, and 41 closing their positions.
115% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 41
36% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 58
22% more funds holding
Funds holding: 203 → 247 (+44)
2.95% more ownership
Funds ownership: 76.51% → 79.46% (+2.9%)
1% more capital invested
Capital invested by funds: $5.96B → $6.02B (+$57.8M)
5% less funds holding in top 10
Funds holding in top 10: 21 → 20 (-1)
72% less call options, than puts
Call options by funds: $2.47M | Put options by funds: $8.94M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$265M |
| 2 |
State Street
Boston,
Massachusetts
|
+$57.7M |
| 3 |
AIM
Alpine Investment Management
Hong Kong
|
+$52.4M |
| 4 |
RL
Ruffer LLP
London,
United Kingdom
|
+$48.7M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Aspex Management (HK)
Central,
Hong Kong
|
-$181M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$179M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$60M |
| 4 |
D.E. Shaw & Co
New York
|
-$50.5M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$42.8M |
YMM Hedge Fund Activity: Q2 2026 in Review
247 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Full Truck Alliance (YMM) for Q2 2026, worth a combined $6.02B — up 0.97% from $5.96B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new YMM positions and 41 closed out — a net gain of 47 holders — while 79 added to existing stakes and 58 trimmed.
The largest buyer was BlackRock, adding an estimated $265M. The largest seller was Aspex Management (HK), exiting entirely with an estimated $181M sold.
- 247 institutional investors held Full Truck Alliance (YMM) as of Q2 2026, up from 203 in Q1 2026.
- Funds reported $6.02B of Full Truck Alliance stock for Q2 2026, up 0.97% quarter-over-quarter.
- 88 funds opened new Full Truck Alliance positions in Q2 2026 and 41 closed out, a net change of +47 holders.
- The largest Full Truck Alliance buyer in Q2 2026 was BlackRock, an estimated $265M added.
- The largest Full Truck Alliance seller in Q2 2026 was Aspex Management (HK), an estimated $181M sold.
Based on aggregated 13F filings for Q2 2026.