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Yum! Brands

849 hedge funds and large institutions have $27B invested in Yum! Brands in 2015 Q3 according to their latest regulatory filings, with 68 funds opening new positions, 265 increasing their positions, 322 reducing their positions, and 88 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more call options, than puts

Call options by funds: $1.18B | Put options by funds: $696M

1.74% more ownership

Funds ownership: 107.45%109.19% (+1.7%)

3% less funds holding

Funds holding: 874849 (-25)

10% less capital invested

Capital invested by funds: $30B → $27B (-$3B)

18% less repeat investments, than reductions

Existing positions increased: 265 | Existing positions reduced: 322

22% less funds holding in top 10

Funds holding in top 10: 4132 (-9)

23% less first-time investments, than exits

New positions opened: 68 | Existing positions closed: 88

Holders
849
Holders Change
-25
Holders Change %
-2.86%
% of All Funds
23.7%
Holding in Top 10
32
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-21.95%
% of All Funds
0.89%
New
68
Increased
265
Reduced
322
Closed
88
Calls
$1.18B
Puts
$696M
Net Calls
+$487M
Net Calls Change
-$159M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.13B +$23.4M +386,972 +1%
CM
2
Corvex Management
New York
$1.6B +$400M +6,609,873 +31%
State Street
3
State Street
Massachusetts
$1.33B -$219M -3,610,262 -13%
MAM
4
Magellan Asset Management
Australia
$1.05B -$87M -1,436,883 -7%
TP
5
Third Point
New York
$927M +$676M +11,162,775 +224%
BIT
6
BlackRock Institutional Trust
California
$888M +$7.12M +117,621 +0.8%
AAM
7
Aberdeen Asset Management
United Kingdom
$852M -$169M -2,786,482 -16%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$802M -$6.6M -109,002 -0.8%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$673M -$114M -1,875,779 -14%
LP
10
Longview Partners
Guernsey
$661M -$9.22M -152,305 -1%
Bank of America
11
Bank of America
North Carolina
$632M +$108M +1,778,969 +19%
Massachusetts Financial Services
12
Massachusetts Financial Services
Massachusetts
$567M -$37M -611,771 -6%
UBS Group
13
UBS Group
Switzerland
$562M -$159M -2,626,588 -21%
Northern Trust
14
Northern Trust
Illinois
$468M -$6.52M -107,662 -1%
BFA
15
BlackRock Fund Advisors
California
$385M +$6.05M +99,912 +2%
Goldman Sachs
16
Goldman Sachs
New York
$377M -$261M -4,304,226 -40%
Morgan Stanley
17
Morgan Stanley
New York
$340M -$56.6M -934,578 -14%
MIP
18
Mondrian Investment Partners
United Kingdom
$330M -$12.1M -200,596 -3%
MNA
19
Manning & Napier Advisors
New York
$318M -$141M -2,331,180 -30%
Loomis, Sayles & Company
20
Loomis, Sayles & Company
Massachusetts
$315M +$24.3M +401,724 +8%
AllianceBernstein
21
AllianceBernstein
Tennessee
$308M -$3.68M -60,839 -1%
SIG
22
Senator Investment Group
New York
$308M +$29.5M +486,850 +10%
MICM
23
Matthews International Capital Management
California
$276M -$20.4M -337,178 -7%
FAM
24
Fred Alger Management
New York
$264M +$222M +3,667,808 +397%
Norges Bank
25
Norges Bank
Norway
$261M +$580K +9,588 +0.2%

YUM Hedge Fund Activity: Q3 2015 in Review

849 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Yum! Brands (YUM) for Q3 2015, worth a combined $27B — down 10% from $30B a quarter earlier.

Sellers outnumbered buyers: 88 funds closed out of YUM and 68 opened new positions — a net loss of 20 holders — while 322 trimmed existing stakes and 265 added.

The largest buyer was Third Point, adding an estimated $676M. The largest seller was Goldman Sachs, cutting an estimated $261M.

  • 849 institutional investors held Yum! Brands (YUM) as of Q3 2015, down from 874 in Q2 2015.
  • Funds reported $27B of Yum! Brands stock for Q3 2015, down 10% quarter-over-quarter.
  • 68 funds opened new Yum! Brands positions in Q3 2015 and 88 closed out, a net change of -20 holders.
  • The largest Yum! Brands buyer in Q3 2015 was Third Point, an estimated $676M added.
  • The largest Yum! Brands seller in Q3 2015 was Goldman Sachs, an estimated $261M sold.

Based on aggregated 13F filings for Q3 2015.