Carrhae Capital’s Yum China YUMC Stock Holding History

Carrhae Capital’s Portfolio YUMC Stock Details YUMC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-1,092,990	Closed	-$48.9M	–	39
2025 Q2	$48.9M	Buy	+1,092,990	New	+$48.9M	3.57%	14
2025 Q1	–	Sell	-489,307	Closed	-$23.6M	–	35
2024 Q4	$23.6M	Buy	489,307 +19,007	+4%	+$901K	1.97%	18
2024 Q3	$21.2M	Buy	+470,300	New	+$15.7M	2.42%	18
2024 Q2	–	Sell	-598,622	Closed	-$23.8M	–	28
2024 Q1	$23.8M	Buy	+598,622	New	+$23.6M	4.24%	10
2023 Q1	–	Sell	-103,268	Closed	-$5.64M	–	31
2022 Q4	$5.64M	Sell	103,268 -89,906	-47%	-$4.57M	1.2%	18
2022 Q3	$9.14M	Buy	+193,174	New	+$9.28M	6.65%	7
2022 Q2	–	Sell	-268,922	Closed	-$11.2M	–	24
2022 Q1	$11.2M	Buy	+268,922	New	+$12.7M	4.03%	10

Other funds holding YUMC

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BCF

BLS Capital Fondsmaeglerselskab Klampenborg, Denmark $2.94B AUM 13.53% 1-Year Est. Return

PCM

Primavera Capital Management George Town, Cayman Islands $648M AUM 6.1% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

GAM

GuardCap Asset Management London, United Kingdom $1.75B AUM 7.74% 1-Year Est. Return

Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return

WIM

Waverton Investment Management London, United Kingdom $7.77B AUM 25.07% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

Carrhae Capital's YUMC Position: Q3 2025 in Review

Carrhae Capital sold out of Yum China (YUMC) in Q3 2025, closing a stake of 1,092,990 shares — an estimated $48.9M sold.

Carrhae Capital first reported a position in YUMC in Q1 2022 and held it in 7 quarters. The position peaked at $48.9M in Q2 2025. 662 funds tracked by Wall St. Rank hold YUMC as of Q3 2025.

Carrhae Capital reported no remaining Yum China position as of Q3 2025 after selling out during the quarter.
Carrhae Capital sold 1,092,990 Yum China shares in Q3 2025, an estimated $48.9M.
Carrhae Capital first reported a position in Yum China in Q1 2022 and held it in 7 quarters.
Carrhae Capital's Yum China position peaked at $48.9M in Q2 2025.
662 funds tracked by Wall St. Rank held Yum China as of Q3 2025.

Based on Carrhae Capital's 13F filing for Q3 2025, filed 12 Nov 2025.