Yum China
YUMC
682 hedge funds and large institutions have $13.1B invested in Yum China in 2023 Q4 according to their latest regulatory filings, with 96 funds opening new positions, 174 increasing their positions, 247 reducing their positions, and 103 closing their positions.
28% more call options, than puts
Call options by funds: $51.3M | Put options by funds: $40M
0.47% more ownership
Funds ownership: 74.01% → 74.48% (+0.47%)
7% less first-time investments, than exits
New positions opened: 96 | Existing positions closed: 103
3% less funds holding
Funds holding: 700 → 682 (-18)
24% less capital invested
Capital invested by funds: $17.3B → $13.1B (-$4.21B)
30% less repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 247
43% less funds holding in top 10
Funds holding in top 10: 14 → 8 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$178M |
| 2 |
Dodge & Cox
San Francisco,
California
|
+$147M |
| 3 |
BCF
BLS Capital Fondsmaeglerselskab
Klampenborg,
Denmark
|
+$103M |
| 4 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
+$75.2M |
| 5 |
Man Group
London,
United Kingdom
|
+$54.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$113M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$83.7M |
| 3 |
AI
Axiom Investors
Greenwich,
Connecticut
|
-$78.4M |
| 4 |
BlackRock
New York
|
-$73.5M |
| 5 |
SCM
Somerset Capital Management
London,
United Kingdom
|
-$69.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
776
Pacifica Partners
Surrey,
Canada
| – | -$7.96K | -150 | Closed |
|
|
PCFFS
777
Pacific Center for Financial Services
San Ramon,
California
| – | -$7.8K | -140 | Closed |
|
|
SCA
778
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$5.57K | -100 | Closed |
|
|
HT
779
Headlands Technologies
Chicago,
Illinois
| – | -$5.29K | -95 | Closed |
|
780
Optiver Holding
Amsterdam,
Netherlands
| – | -$3.9K | -70 | Closed |
|
|
WFA
781
West Financial Advisors
Des Moines,
Iowa
| – | -$3.34K | -60 | Closed |
|
|
CCP
782
Carmel Capital Partners
San Diego,
California
| – | -$2.23K | -40 | Closed |
|
|
PCTC
783
Perkins Coie Trust Company
Seattle,
Washington
| – | -$1.5K | -27 | Closed |
|
|
CAM
784
ClariVest Asset Management
San Diego,
California
| – | -$1K | -19 | Closed |
|
|
AAP
785
Arax Advisory Partners
Denver,
Colorado
| – | -$558 | -10 | Closed |
|
YUMC Hedge Fund Activity: Q4 2023 in Review
682 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Yum China (YUMC) for Q4 2023, worth a combined $13.1B — down 24% from $17.3B a quarter earlier.
Sellers outnumbered buyers: 103 funds closed out of YUMC and 96 opened new positions — a net loss of 7 holders — while 247 trimmed existing stakes and 174 added.
The largest buyer was Morgan Stanley, adding an estimated $178M. The largest seller was Schroder Investment Management Group, cutting an estimated $113M.
- 682 institutional investors held Yum China (YUMC) as of Q4 2023, down from 700 in Q3 2023.
- Funds reported $13.1B of Yum China stock for Q4 2023, down 24% quarter-over-quarter.
- 96 funds opened new Yum China positions in Q4 2023 and 103 closed out, a net change of -7 holders.
- The largest Yum China buyer in Q4 2023 was Morgan Stanley, an estimated $178M added.
- The largest Yum China seller in Q4 2023 was Schroder Investment Management Group, an estimated $113M sold.
Based on aggregated 13F filings for Q4 2023.