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Yum China

644 hedge funds and large institutions have $9.81B invested in Yum China in 2018 Q4 according to their latest regulatory filings, with 96 funds opening new positions, 164 increasing their positions, 227 reducing their positions, and 78 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more first-time investments, than exits

New positions opened: 96 | Existing positions closed: 78

7% more funds holding in top 10

Funds holding in top 10: 1415 (+1)

2% more funds holding

Funds holding: 632644 (+12)

0.25% more ownership

Funds ownership: 77.91%78.16% (+0.25%)

7% less capital invested

Capital invested by funds: $10.5B → $9.81B (-$726M)

28% less repeat investments, than reductions

Existing positions increased: 164 | Existing positions reduced: 227

52% less call options, than puts

Call options by funds: $49.1M | Put options by funds: $102M

Holders
644
Holders Change
+12
Holders Change %
+1.9%
% of All Funds
14.35%
Holding in Top 10
15
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+7.14%
% of All Funds
0.33%
New
96
Increased
164
Reduced
227
Closed
78
Calls
$49.1M
Puts
$102M
Net Calls
-$53.1M
Net Calls Change
-$12.2M
Name Holding Trade Value Shares
Change
Change in
Stake
OCM
51
Oaktree Capital Management
California
$30.2M +$9.8M +285,668 +46%
JAM
52
Jupiter Asset Management
United Kingdom
$29.3M
Two Sigma Advisers
53
Two Sigma Advisers
New York
$29.2M +$4.04M +117,600 +16%
BNP Paribas Financial Markets
54
BNP Paribas Financial Markets
France
$28.3M -$1.75M -51,075 -6%
Swiss National Bank
55
Swiss National Bank
Switzerland
$26.8M
Los Angeles Capital Management
56
Los Angeles Capital Management
California
$26.3M -$7.89M -229,885 -23%
New York State Common Retirement Fund
57
New York State Common Retirement Fund
New York
$24.4M -$247K -7,200 -1%
Acadian Asset Management
58
Acadian Asset Management
Massachusetts
$23.4M +$20.1M +586,893 +527%
D.E. Shaw & Co
59
D.E. Shaw & Co
New York
$23.3M -$21.1M -615,479 -47%
HSBC Holdings
60
HSBC Holdings
United Kingdom
$22.1M -$10.6M -308,710 -32%
Russell Investments Group
61
Russell Investments Group
United Kingdom
$22M +$10.3M +299,296 +84%
Caisse de Depot et Placement du Quebec (CDPQ)
62
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$21.8M +$257K +7,500 +1%
GAM
63
GuardCap Asset Management
United Kingdom
$21.5M +$4.55M +132,751 +26%
RJA
64
Raymond James & Associates
Florida
$21.4M -$286K -8,322 -1%
GPGA
65
Grandeur Peak Global Advisors
Utah
$21.3M +$5.54M +161,442 +34%
Citigroup
66
Citigroup
New York
$21.1M -$32.1M -934,195 -60%
B
67
Barings
North Carolina
$20M -$185K -5,400 -0.9%
California State Teachers Retirement System (CalSTRS)
68
California State Teachers Retirement System (CalSTRS)
California
$19.9M -$477K -13,915 -2%
State Board of Administration of Florida Retirement System
69
State Board of Administration of Florida Retirement System
Florida
$17.1M -$164K -4,780 -0.9%
First Trust Advisors
70
First Trust Advisors
Illinois
$16.9M +$6.94M +202,369 +67%
MAM
71
Martingale Asset Management
Massachusetts
$16.8M -$1.06M -30,766 -6%
Citadel Advisors
72
Citadel Advisors
Florida
$16.6M +$9.34M +272,186 +122%
Marshall Wace
73
Marshall Wace
United Kingdom
$16.4M -$5.46M -159,114 -24%
Asset Management One
74
Asset Management One
Japan
$15.8M -$2.73M -79,700 -14%
MSL
75
Mackay Shields LLC
New York
$15.8M -$8.54M -248,985 -35%

YUMC Hedge Fund Activity: Q4 2018 in Review

644 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Yum China (YUMC) for Q4 2018, worth a combined $9.81B — down 6.9% from $10.5B a quarter earlier.

Buyers outnumbered sellers: 96 funds opened new YUMC positions and 78 closed out — a net gain of 18 holders — while 164 added to existing stakes and 227 trimmed.

The largest buyer was BlackRock, adding an estimated $208M. The largest seller was T. Rowe Price Associates, cutting an estimated $75.9M.

  • 644 institutional investors held Yum China (YUMC) as of Q4 2018, up from 632 in Q3 2018.
  • Funds reported $9.81B of Yum China stock for Q4 2018, down 6.9% quarter-over-quarter.
  • 96 funds opened new Yum China positions in Q4 2018 and 78 closed out, a net change of +18 holders.
  • The largest Yum China buyer in Q4 2018 was BlackRock, an estimated $208M added.
  • The largest Yum China seller in Q4 2018 was T. Rowe Price Associates, an estimated $75.9M sold.

Based on aggregated 13F filings for Q4 2018.