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Yum China

700 hedge funds and large institutions have $17.3B invested in Yum China in 2023 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 219 increasing their positions, 241 reducing their positions, and 80 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more funds holding in top 10

Funds holding in top 10: 1114 (+3)

3% less capital invested

Capital invested by funds: $17.8B → $17.3B (-$520M)

9% less repeat investments, than reductions

Existing positions increased: 219 | Existing positions reduced: 241

1.36% less ownership

Funds ownership: 75.37%74.01% (-1.4%)

5% less funds holding

Funds holding: 735700 (-35)

25% less call options, than puts

Call options by funds: $73.4M | Put options by funds: $97.8M

35% less first-time investments, than exits

New positions opened: 52 | Existing positions closed: 80

Holders
700
Holders Change
-35
Holders Change %
-4.76%
% of All Funds
11.11%
Holding in Top 10
14
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+27.27%
% of All Funds
0.22%
New
52
Increased
219
Reduced
241
Closed
80
Calls
$73.4M
Puts
$97.8M
Net Calls
-$24.4M
Net Calls Change
-$44.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$163M -$46.6M -832,524 -22%
AllianceBernstein
27
AllianceBernstein
Tennessee
$155M +$39.4M +704,505 +34%
MICM
28
Matthews International Capital Management
California
$151M -$18M -322,308 -11%
HSBC Holdings
29
HSBC Holdings
United Kingdom
$127M +$46.1M +824,012 +57%
Morgan Stanley
30
Morgan Stanley
New York
$124M +$4.27M +76,318 +4%
Deutsche Bank
31
Deutsche Bank
Germany
$124M -$6.65M -118,898 -5%
Bank of New York Mellon
32
Bank of New York Mellon
New York
$119M -$3.54M -63,256 -3%
Dimensional Fund Advisors
33
Dimensional Fund Advisors
Texas
$111M -$3.01M -53,760 -3%
Temasek Holdings
34
Temasek Holdings
Singapore
$102M
Fidelity Investments
35
Fidelity Investments
Massachusetts
$100M -$37.6M -671,711 -27%
Man Group
36
Man Group
United Kingdom
$98.3M -$82.3M -1,471,830 Closed
BPIH
37
Broad Peak Investment Holdings
Singapore
$97.1M +$19.2M +343,500 +25%
VAM
38
Veritas Asset Management
United Kingdom
$94.2M +$8.39M +150,000 +10%
Northern Trust
39
Northern Trust
Illinois
$85.3M +$8.39M +149,967 +11%
Jane Street
40
Jane Street
New York
$85.1M -$2.82M -50,428 -3%
BNP Paribas Asset Management
41
BNP Paribas Asset Management
France
$83.8M +$3.3M +59,051 +4%
SCM
42
Somerset Capital Management
United Kingdom
$83.6M -$14.7M -263,200 -15%
CS
43
Credit Suisse
Switzerland
$82.3M -$3.87M -69,130 -4%
AI
44
Axiom Investors
Connecticut
$78.4M +$6.92M +123,690 +10%
Franklin Resources
45
Franklin Resources
California
$70.8M +$2.96M +52,967 +4%
Robeco Institutional Asset Management
46
Robeco Institutional Asset Management
Netherlands
$68.7M -$8.19M -146,338 -11%
N
47
Nuveen
North Carolina
$65.6M +$951K +16,999 +1%
UBS Group
48
UBS Group
Switzerland
$59.6M -$14.1M -252,540 -19%
OAC
49
OMERS Administration Corp
Ontario, Canada
$56.5M
BAMCO Inc
50
BAMCO Inc
New York
$55M -$3.35M -59,789 -6%

YUMC Hedge Fund Activity: Q3 2023 in Review

700 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Yum China (YUMC) for Q3 2023, worth a combined $17.3B — down 2.9% from $17.8B a quarter earlier.

Sellers outnumbered buyers: 80 funds closed out of YUMC and 52 opened new positions — a net loss of 28 holders — while 241 trimmed existing stakes and 219 added.

The largest buyer was JP Morgan Chase, adding an estimated $173M. The largest seller was Invesco, cutting an estimated $216M.

  • 700 institutional investors held Yum China (YUMC) as of Q3 2023, down from 735 in Q2 2023.
  • Funds reported $17.3B of Yum China stock for Q3 2023, down 2.9% quarter-over-quarter.
  • 52 funds opened new Yum China positions in Q3 2023 and 80 closed out, a net change of -28 holders.
  • The largest Yum China buyer in Q3 2023 was JP Morgan Chase, an estimated $173M added.
  • The largest Yum China seller in Q3 2023 was Invesco, an estimated $216M sold.

Based on aggregated 13F filings for Q3 2023.