Yum! Brands
YUM
831 hedge funds and large institutions have $16.7B invested in Yum! Brands in 2016 Q4 according to their latest regulatory filings, with 104 funds opening new positions, 77 increasing their positions, 650 reducing their positions, and 128 closing their positions.
16% more call options, than puts
Call options by funds: $280M | Put options by funds: $241M
4% less funds holding
Funds holding: 870 → 831 (-39)
19% less first-time investments, than exits
New positions opened: 104 | Existing positions closed: 128
26.58% less ownership
Funds ownership: 98.31% → 71.72% (-27%)
33% less capital invested
Capital invested by funds: $24.7B → $16.7B (-$8.06B)
38% less funds holding in top 10
Funds holding in top 10: 24 → 15 (-9)
88% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 650
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$887M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$158M |
| 3 |
Two Sigma Advisers
New York
|
+$90.5M |
| 4 |
D.E. Shaw & Co
New York
|
+$86.4M |
| 5 |
Renaissance Technologies
New York
|
+$53.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
-$737M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$703M |
| 3 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$569M |
| 4 |
CM
Corvex Management
New York
|
-$517M |
| 5 |
State Street
Boston,
Massachusetts
|
-$387M |
YUM Hedge Fund Activity: Q4 2016 in Review
831 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Yum! Brands (YUM) for Q4 2016, worth a combined $16.7B — down 33% from $24.7B a quarter earlier.
Sellers outnumbered buyers: 128 funds closed out of YUM and 104 opened new positions — a net loss of 24 holders — while 650 trimmed existing stakes and 77 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $887M. The largest seller was Aberdeen Asset Management, cutting an estimated $737M.
- 831 institutional investors held Yum! Brands (YUM) as of Q4 2016, down from 870 in Q3 2016.
- Funds reported $16.7B of Yum! Brands stock for Q4 2016, down 33% quarter-over-quarter.
- 104 funds opened new Yum! Brands positions in Q4 2016 and 128 closed out, a net change of -24 holders.
- The largest Yum! Brands buyer in Q4 2016 was T. Rowe Price Associates, an estimated $887M added.
- The largest Yum! Brands seller in Q4 2016 was Aberdeen Asset Management, an estimated $737M sold.
Based on aggregated 13F filings for Q4 2016.