Yum China
YUMC
608 hedge funds and large institutions have $12.4B invested in Yum China in 2017 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 206 increasing their positions, 188 reducing their positions, and 56 closing their positions.
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
1.99% more ownership
Funds ownership: 79.26% → 81.25% (+2%)
10% more repeat investments, than reductions
Existing positions increased: 206 | Existing positions reduced: 188
4% more capital invested
Capital invested by funds: $12B → $12.4B (+$442M)
4% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 56
2% less funds holding
Funds holding: 618 → 608 (-10)
21% less call options, than puts
Call options by funds: $35.8M | Put options by funds: $45.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$98.9M |
| 2 |
ClearBridge Investments
New York
|
+$68.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$67.8M |
| 4 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$60.9M |
| 5 |
Bank of New York Mellon
New York
|
+$54.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$108M |
| 2 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$104M |
| 3 |
HIM
Hillhouse Investment Management
Grand Cayman,
Cayman Islands
|
-$90.8M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$70.4M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$62.2M |
YUMC Hedge Fund Activity: Q3 2017 in Review
608 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Yum China (YUMC) for Q3 2017, worth a combined $12.4B — up 3.7% from $12B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of YUMC and 54 opened new positions — a net loss of 2 holders — while 188 trimmed existing stakes and 206 added.
The largest buyer was Iridian Asset Management, adding an estimated $98.9M. The largest seller was D.E. Shaw & Co, cutting an estimated $108M.
- 608 institutional investors held Yum China (YUMC) as of Q3 2017, down from 618 in Q2 2017.
- Funds reported $12.4B of Yum China stock for Q3 2017, up 3.7% quarter-over-quarter.
- 54 funds opened new Yum China positions in Q3 2017 and 56 closed out, a net change of -2 holders.
- The largest Yum China buyer in Q3 2017 was Iridian Asset Management, an estimated $98.9M added.
- The largest Yum China seller in Q3 2017 was D.E. Shaw & Co, an estimated $108M sold.
Based on aggregated 13F filings for Q3 2017.