Yum China
YUMC
618 hedge funds and large institutions have $12B invested in Yum China in 2017 Q2 according to their latest regulatory filings, with 112 funds opening new positions, 171 increasing their positions, 205 reducing their positions, and 45 closing their positions.
149% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 45
46% more capital invested
Capital invested by funds: $8.23B → $12B (+$3.78B)
23% more call options, than puts
Call options by funds: $53.7M | Put options by funds: $43.7M
12% more funds holding
Funds holding: 554 → 618 (+64)
0.5% more ownership
Funds ownership: 78.76% → 79.26% (+0.5%)
17% less repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 205
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$220M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$108M |
| 3 |
Two Sigma Investments
New York
|
+$72.7M |
| 4 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$65.4M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$57.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Corvex Management
New York
|
-$282M |
| 2 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$170M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$116M |
| 4 |
ESG
Emerging Sovereign Group
New York
|
-$94.9M |
| 5 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$81.8M |
YUMC Hedge Fund Activity: Q2 2017 in Review
618 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Yum China (YUMC) for Q2 2017, worth a combined $12B — up 46% from $8.23B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new YUMC positions and 45 closed out — a net gain of 67 holders — while 171 added to existing stakes and 205 trimmed.
The largest buyer was BlackRock, adding an estimated $220M. The largest seller was Corvex Management, exiting entirely with an estimated $282M sold.
- 618 institutional investors held Yum China (YUMC) as of Q2 2017, up from 554 in Q1 2017.
- Funds reported $12B of Yum China stock for Q2 2017, up 46% quarter-over-quarter.
- 112 funds opened new Yum China positions in Q2 2017 and 45 closed out, a net change of +67 holders.
- The largest Yum China buyer in Q2 2017 was BlackRock, an estimated $220M added.
- The largest Yum China seller in Q2 2017 was Corvex Management, an estimated $282M sold.
Based on aggregated 13F filings for Q2 2017.