Yum! Brands
850 hedge funds and large institutions have $16.6B invested in Yum! Brands in 2017 Q1 according to their latest regulatory filings, with 89 funds opening new positions, 248 increasing their positions, 337 reducing their positions, and 60 closing their positions.
48% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 60
2% more funds holding
Funds holding: 831 → 850 (+19)
1.54% more ownership
Funds ownership: 71.72% → 73.27% (+1.5%)
1% less capital invested
Capital invested by funds: $16.7B → $16.6B (-$108M)
1% less call options, than puts
Call options by funds: $242M | Put options by funds: $245M
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
26% less repeat investments, than reductions
Existing positions increased: 248 | Existing positions reduced: 337
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.25B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$327M |
| 3 |
Millennium Management
New York
|
+$146M |
| 4 |
Morgan Stanley
New York
|
+$140M |
| 5 |
Renaissance Technologies
New York
|
+$116M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Corvex Management
New York
|
-$852M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$166M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$140M |
| 4 |
JP Morgan Chase
New York
|
-$86.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$75.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFS
901
Physicians Financial Services
Raleigh,
North Carolina
| – | -$78K | -867 | Closed |
|
|
EF
902
Empirical Finance
Havertown,
Pennsylvania
| – | -$27K | -411 | Closed |
|
|
BWP
903
Baldwin Wealth Partners
Marion,
Massachusetts
| – | -$13K | -200 | Closed |
|
904
EARNEST Partners
Atlanta,
Georgia
| – | -$12K | -193 | Closed |
|
|
MWM
905
Mascoma Wealth Management
Hanover,
New Hampshire
| – | -$9K | -137 | Closed |
|
|
FAN
906
Financial Advisors Network
Tustin,
California
| – | -$6.26K | -95 | Closed |
|
|
AA
907
Ancora Advisors
Cleveland,
Ohio
| – | -$5K | -80 | Closed |
|
|
TC
908
Trust Company
Manhattan,
Kansas
| – | -$5K | -75 | Closed |
|
|
UOTTAIMCU
909
University of Texas/Texas AM Investment Management Co (UTIMCO)
Austin,
Texas
| – | -$3K | -50 | Closed |
|
|
IPC
910
Independent Portfolio Consultants
Boca Raton,
Florida
| – | -$1K | -13 | Closed |
|
YUM Hedge Fund Activity: Q1 2017 in Review
850 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Yum! Brands (YUM) for Q1 2017, worth a combined $16.6B — down 0.65% from $16.7B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new YUM positions and 60 closed out — a net gain of 29 holders — while 248 added to existing stakes and 337 trimmed.
The largest buyer was BlackRock, adding an estimated $1.25B. The largest seller was Corvex Management, cutting an estimated $852M.
- 850 institutional investors held Yum! Brands (YUM) as of Q1 2017, up from 831 in Q4 2016.
- Funds reported $16.6B of Yum! Brands stock for Q1 2017, down 0.65% quarter-over-quarter.
- 89 funds opened new Yum! Brands positions in Q1 2017 and 60 closed out, a net change of +29 holders.
- The largest Yum! Brands buyer in Q1 2017 was BlackRock, an estimated $1.25B added.
- The largest Yum! Brands seller in Q1 2017 was Corvex Management, an estimated $852M sold.
Based on aggregated 13F filings for Q1 2017.