Yum China
YUMC
About: With more than 16,000 units and almost USD 12 billion in systemwide sales in 2024, Yum China is the largest restaurant operator in China. It generates revenue through its own restaurants and franchise fees. Key concepts include KFC (11,648 units) and Pizza Hut (3,724), but the company's portfolio also includes other brands such as Little Sheep, Taco Bell, Huang Ji Huang, and Lavazza (collectively representing more than 1,000 units). Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to the company it separated from in October 2016.
Employees: 351,000
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
114% more call options, than puts
Call options by funds: $140M | Put options by funds: $65.6M
6% less funds holding
Funds holding: 721 [Q1] → 681 (-40) [Q2]
6.1% less ownership
Funds ownership: 81.42% [Q1] → 75.32% (-6.1%) [Q2]
14% less repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 225
17% less capital invested
Capital invested by funds: $15.5B [Q1] → $12.8B (-$2.67B) [Q2]
21% less funds holding in top 10
Funds holding in top 10: 19 [Q1] → 15 (-4) [Q2]
24% less first-time investments, than exits
New positions opened: 76 | Existing positions closed: 100
Financial journalist opinion
Based on 4 articles about YUMC published over the past 30 days
