ABS Direct Equity Fund LLC disclosed on October 9, 2025, that it sold 223,861 shares of Full Truck Alliance (YMM). The estimated value of this trade was approximately $2.77 million, based on the average quarterly pricing.
This transaction reduced the fund's stake in Full Truck Alliance from 9.3% to 5.1% of its Assets Under Management (AUM). Despite the reduction, the fund still retains 272,619 shares, making Full Truck Alliance its 7th-largest position out of 29 total holdings.
The sale represents a notable adjustment in the hedge fund's portfolio, potentially indicating a reallocation of funds or a decision to reduce exposure after a period of significant stock appreciation. The company's shares were priced at $13.07 as of October 8, 2025.
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