Daniel Loeb’s Yum! Brands YUM Stock Holding History

Daniel Loeb’s Portfolio YUM Stock Details YUM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-695,500	Closed	-$45.4M	–	45
2016 Q3	$45.4M	Sell	695,500 -2,782,000	-80%	-$178M	0.39%	36
2016 Q2	$207M	Sell	3,477,500 -4,173,000	-55%	-$246M	1.98%	14
2016 Q1	$450M	Buy	7,650,500 +7,545,758	+7,204%	+$396M	4.15%	5
2015 Q4	$5.5M	Sell	104,742 -16,030,858	-99%	-$837M	0.06%	26
2015 Q3	$927M	Buy	16,135,600 +11,162,775	+224%	+$676M	8.75%	5
2015 Q2	$322M	Buy	4,972,825 +382,525	+8%	+$24.2M	3.02%	7
2015 Q1	$260M	Buy	+4,590,300	New	+$251M	2.4%	14

Other funds holding YUM

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

Corvex Management New York $3.27B AUM 38.53% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

MAM

Magellan Asset Management Sydney, Australia $4.47B AUM 4.2% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.26% 1-Year Est. Return

Loomis, Sayles & Company Boston, Massachusetts $79.8B AUM 16.05% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.14% 1-Year Est. Return

Daniel Loeb's YUM Position: Q4 2016 in Review

Daniel Loeb sold out of Yum! Brands (YUM) in Q4 2016, closing a stake of 695,500 shares — an estimated $45.4M sold.

Daniel Loeb first reported a position in YUM in Q1 2015 and held it in 7 quarters. The position peaked at $927M in Q3 2015. 832 funds tracked by Wall St. Rank hold YUM as of Q4 2016.

Daniel Loeb reported no remaining Yum! Brands position as of Q4 2016 after selling out during the quarter.
Daniel Loeb sold 695,500 Yum! Brands shares in Q4 2016, an estimated $45.4M.
Daniel Loeb first reported a position in Yum! Brands in Q1 2015 and held it in 7 quarters.
Daniel Loeb's Yum! Brands position peaked at $927M in Q3 2015.
832 funds tracked by Wall St. Rank held Yum! Brands as of Q4 2016.

Based on Third Point's 13F filing for Q4 2016, filed 10 Feb 2017.