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Yum China

658 hedge funds and large institutions have $13.1B invested in Yum China in 2018 Q1 according to their latest regulatory filings, with 76 funds opening new positions, 192 increasing their positions, 216 reducing their positions, and 80 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more capital invested

Capital invested by funds: $12.4B → $13.1B (+$698M)

1.27% more ownership

Funds ownership: 80.65%81.92% (+1.3%)

5% less first-time investments, than exits

New positions opened: 76 | Existing positions closed: 80

1% less funds holding

Funds holding: 668658 (-10)

11% less repeat investments, than reductions

Existing positions increased: 192 | Existing positions reduced: 216

19% less funds holding in top 10

Funds holding in top 10: 1613 (-3)

52% less call options, than puts

Call options by funds: $42.2M | Put options by funds: $87.3M

Holders
658
Holders Change
-10
Holders Change %
-1.5%
% of All Funds
15.08%
Holding in Top 10
13
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-18.75%
% of All Funds
0.3%
New
76
Increased
192
Reduced
216
Closed
80
Calls
$42.2M
Puts
$87.3M
Net Calls
-$45.1M
Net Calls Change
-$33.6M
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
1
Primavera Capital Management
Cayman Islands
$1.29B +$3M +69,796 +0.2%
Aberdeen Group
2
Aberdeen Group
United Kingdom
$1.28B -$12.6M -294,077 -0.9%
BlackRock
3
BlackRock
New York
$1.15B +$46.9M +1,089,933 +4%
Massachusetts Financial Services
4
Massachusetts Financial Services
Massachusetts
$577M +$42M +977,502 +8%
Loomis, Sayles & Company
5
Loomis, Sayles & Company
Massachusetts
$510M -$1.44M -33,532 -0.3%
State Street
6
State Street
Massachusetts
$447M +$34.1M +792,843 +8%
ClearBridge Investments
7
ClearBridge Investments
New York
$428M +$13.4M +311,573 +3%
JP Morgan Chase
8
JP Morgan Chase
New York
$325M +$124M +2,888,912 +59%
Bank of America
9
Bank of America
North Carolina
$281M +$9.3M +216,178 +3%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$242M -$42.8M -996,031 -15%
William Blair Investment Management
11
William Blair Investment Management
Illinois
$232M -$1.07M -24,890 -0.4%
Fidelity International
12
Fidelity International
Bermuda
$218M +$50.1M +1,166,066 +29%
T. Rowe Price Associates
13
T. Rowe Price Associates
Maryland
$213M +$5.68M +132,061 +3%
UBS AM
14
UBS AM
Illinois
$165M +$41.1M +956,855 +32%
Bank of Montreal
15
Bank of Montreal
Ontario, Canada
$159M +$16.7M +388,457 +11%
Northern Trust
16
Northern Trust
Illinois
$154M -$229K -5,326 -0.1%
MICM
17
Matthews International Capital Management
California
$150M +$55M +1,278,600 +55%
Morgan Stanley
18
Morgan Stanley
New York
$150M +$96M +2,233,523 +162%
TCIM
19
TIAA CREF Investment Management
New York
$147M +$33.7M +784,772 +28%
Norges Bank
20
Norges Bank
Norway
$144M -$13.1M -305,400 -8%
IAM
21
Iridian Asset Management
Connecticut
$135M -$67.4M -1,568,162 -32%
Ameriprise
22
Ameriprise
Minnesota
$132M -$25M -581,887 -16%
O
23
OppenheimerFunds
New York
$124M +$111M +2,586,604 +629%
Deutsche Bank
24
Deutsche Bank
Germany
$120M +$15.7M +365,497 +14%
BPIH
25
Broad Peak Investment Holdings
Singapore
$115M

YUMC Hedge Fund Activity: Q1 2018 in Review

658 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Yum China (YUMC) for Q1 2018, worth a combined $13.1B — up 5.6% from $12.4B a quarter earlier.

Sellers outnumbered buyers: 80 funds closed out of YUMC and 76 opened new positions — a net loss of 4 holders — while 216 trimmed existing stakes and 192 added.

The largest buyer was JP Morgan Chase, adding an estimated $124M. The largest seller was Southeastern Asset Management, exiting entirely with an estimated $139M sold.

  • 658 institutional investors held Yum China (YUMC) as of Q1 2018, down from 668 in Q4 2017.
  • Funds reported $13.1B of Yum China stock for Q1 2018, up 5.6% quarter-over-quarter.
  • 76 funds opened new Yum China positions in Q1 2018 and 80 closed out, a net change of -4 holders.
  • The largest Yum China buyer in Q1 2018 was JP Morgan Chase, an estimated $124M added.
  • The largest Yum China seller in Q1 2018 was Southeastern Asset Management, an estimated $139M sold.

Based on aggregated 13F filings for Q1 2018.