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Yum China

701 hedge funds and large institutions have $15.1B invested in Yum China in 2019 Q4 according to their latest regulatory filings, with 100 funds opening new positions, 199 increasing their positions, 232 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more first-time investments, than exits

New positions opened: 100 | Existing positions closed: 68

20% more call options, than puts

Call options by funds: $92.2M | Put options by funds: $76.8M

7% more capital invested

Capital invested by funds: $14.1B → $15.1B (+$999M)

3% more funds holding

Funds holding: 683701 (+18)

1.31% more ownership

Funds ownership: 82.34%83.65% (+1.3%)

0% more funds holding in top 10

Funds holding in top 10: 1717 (0)

14% less repeat investments, than reductions

Existing positions increased: 199 | Existing positions reduced: 232

Holders
701
Holders Change
+18
Holders Change %
+2.64%
% of All Funds
13.81%
Holding in Top 10
17
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.33%
New
100
Increased
199
Reduced
232
Closed
68
Calls
$92.2M
Puts
$76.8M
Net Calls
+$15.4M
Net Calls Change
+$34.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$1.78B +$24M +540,698 +1%
BlackRock
2
BlackRock
New York
$1.47B -$16.1M -362,397 -1%
PCM
3
Primavera Capital Management
Cayman Islands
$1.15B -$331M -7,451,622 -24%
Loomis, Sayles & Company
4
Loomis, Sayles & Company
Massachusetts
$727M +$13.7M +308,479 +2%
Massachusetts Financial Services
5
Massachusetts Financial Services
Massachusetts
$632M -$23.9M -537,712 -4%
JP Morgan Chase
6
JP Morgan Chase
New York
$627M -$14.4M -325,115 -2%
State Street
7
State Street
Massachusetts
$598M +$42.1M +947,056 +8%
VAM
8
Vontobel Asset Management
New York
$416M +$95.3M +2,143,774 +32%
Aberdeen Group
9
Aberdeen Group
United Kingdom
$298M -$19.4M -435,888 -7%
Bank of America
10
Bank of America
North Carolina
$294M +$14.1M +318,180 +5%
MICM
11
Matthews International Capital Management
California
$247M -$8.61M -193,700 -4%
Wells Fargo
12
Wells Fargo
California
$235M +$92.8M +2,088,514 +75%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$226M +$111M +2,499,232 +114%
Mitsubishi UFJ Trust & Banking
14
Mitsubishi UFJ Trust & Banking
Japan
$221M +$74.8M +1,683,588 +58%
Fidelity International
15
Fidelity International
Bermuda
$207M +$68.2M +1,534,699 +55%
Norges Bank
16
Norges Bank
Norway
$181M -$4.04M -91,000 -2%
Fidelity Investments
17
Fidelity Investments
Massachusetts
$180M +$41.1M +925,464 +33%
N
18
Nuveen
North Carolina
$178M -$2.37M -53,315 -1%
Goldman Sachs
19
Goldman Sachs
New York
$162M -$25.5M -572,880 -15%
Northern Trust
20
Northern Trust
Illinois
$161M -$817K -18,389 -0.5%
Schroder Investment Management Group
21
Schroder Investment Management Group
United Kingdom
$157M +$119M +2,686,648 +457%
Legal & General Group
22
Legal & General Group
United Kingdom
$139M -$8.47M -190,635 -6%
AP
23
Antipodes Partners
Australia
$124M +$825K +18,554 +0.7%
Allianz Asset Management
24
Allianz Asset Management
Germany
$117M +$43.5M +979,414 +67%
BPIH
25
Broad Peak Investment Holdings
Singapore
$115M

YUMC Hedge Fund Activity: Q4 2019 in Review

701 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Yum China (YUMC) for Q4 2019, worth a combined $15.1B — up 7.1% from $14.1B a quarter earlier.

Buyers outnumbered sellers: 100 funds opened new YUMC positions and 68 closed out — a net gain of 32 holders — while 199 added to existing stakes and 232 trimmed.

The largest buyer was Schroder Investment Management Group, adding an estimated $119M. The largest seller was Primavera Capital Management, cutting an estimated $331M.

  • 701 institutional investors held Yum China (YUMC) as of Q4 2019, up from 683 in Q3 2019.
  • Funds reported $15.1B of Yum China stock for Q4 2019, up 7.1% quarter-over-quarter.
  • 100 funds opened new Yum China positions in Q4 2019 and 68 closed out, a net change of +32 holders.
  • The largest Yum China buyer in Q4 2019 was Schroder Investment Management Group, an estimated $119M added.
  • The largest Yum China seller in Q4 2019 was Primavera Capital Management, an estimated $331M sold.

Based on aggregated 13F filings for Q4 2019.