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Yum China

673 hedge funds and large institutions have $11.9B invested in Yum China in 2024 Q1 according to their latest regulatory filings, with 85 funds opening new positions, 200 increasing their positions, 218 reducing their positions, and 84 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more funds holding in top 10

Funds holding in top 10: 811 (+3)

1% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 84

8% less repeat investments, than reductions

Existing positions increased: 200 | Existing positions reduced: 218

1% less funds holding

Funds holding: 682673 (-9)

3.39% less ownership

Funds ownership: 74.48%71.1% (-3.4%)

9% less capital invested

Capital invested by funds: $13.1B → $11.9B (-$1.22B)

41% less call options, than puts

Call options by funds: $50.5M | Put options by funds: $84.9M

Holders
673
Holders Change
-9
Holders Change %
-1.32%
% of All Funds
9.69%
Holding in Top 10
11
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+37.5%
% of All Funds
0.16%
New
85
Increased
200
Reduced
218
Closed
84
Calls
$50.5M
Puts
$84.9M
Net Calls
-$34.4M
Net Calls Change
-$45.7M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
1
JP Morgan Chase
New York
$808M +$96.3M +2,439,287 +14%
BlackRock
2
BlackRock
New York
$749M -$36.8M -931,641 -5%
Invesco
3
Invesco
Georgia
$732M -$514M -13,019,858 -41%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$666M -$54.4M -1,377,211 -8%
Vanguard Group
5
Vanguard Group
Pennsylvania
$630M -$14.7M -372,925 -2%
GAM
6
GuardCap Asset Management
United Kingdom
$486M +$134M +3,389,987 +38%
PCM
7
Primavera Capital Management
Cayman Islands
$479M -$475M -12,035,635 Closed
Massachusetts Financial Services
8
Massachusetts Financial Services
Massachusetts
$471M -$11.2M -284,487 -2%
BCF
9
BLS Capital Fondsmaeglerselskab
Denmark
$353M +$28.2M +713,717 +9%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$341M +$16.8M +425,328 +5%
Fidelity International
11
Fidelity International
Bermuda
$296M -$4.93M -124,982 -2%
Dodge & Cox
12
Dodge & Cox
California
$267M +$140M +3,554,331 +112%
State Street
13
State Street
Massachusetts
$249M -$3.18M -80,563 -1%
Loomis, Sayles & Company
14
Loomis, Sayles & Company
Massachusetts
$228M -$5.39M -136,587 -2%
Norges Bank
15
Norges Bank
Norway
$227M -$21.7M -551,009 -9%
Bank of America
16
Bank of America
North Carolina
$221M +$13.7M +347,512 +7%
Principal Financial Group
17
Principal Financial Group
Iowa
$176M +$17.9M +454,204 +11%
Allspring Global Investments
18
Allspring Global Investments
North Carolina
$152M +$2.12M +53,744 +1%
Mitsubishi UFJ Trust & Banking
19
Mitsubishi UFJ Trust & Banking
Japan
$148M +$351K +8,892 +0.2%
UBS AM
20
UBS AM
Illinois
$136M +$444K +11,258 +0.3%
VAM
21
Vontobel Asset Management
New York
$135M +$19.6M +496,840 +19%
AllianceBernstein
22
AllianceBernstein
Tennessee
$125M +$4.23M +107,122 +4%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$122M -$12M -303,309 -9%
Legal & General Group
24
Legal & General Group
United Kingdom
$121M -$6.06M -153,433 -5%
MIP
25
Mondrian Investment Partners
United Kingdom
$112M +$47.3M +1,197,303 +74%

YUMC Hedge Fund Activity: Q1 2024 in Review

673 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Yum China (YUMC) for Q1 2024, worth a combined $11.9B — down 9.3% from $13.1B a quarter earlier.

Buyers outnumbered sellers: 85 funds opened new YUMC positions and 84 closed out — a net gain of 1 holder — while 200 added to existing stakes and 218 trimmed.

The largest buyer was Dodge & Cox, adding an estimated $140M. The largest seller was Invesco, cutting an estimated $514M.

  • 673 institutional investors held Yum China (YUMC) as of Q1 2024, down from 682 in Q4 2023.
  • Funds reported $11.9B of Yum China stock for Q1 2024, down 9.3% quarter-over-quarter.
  • 85 funds opened new Yum China positions in Q1 2024 and 84 closed out, a net change of +1 holder.
  • The largest Yum China buyer in Q1 2024 was Dodge & Cox, an estimated $140M added.
  • The largest Yum China seller in Q1 2024 was Invesco, an estimated $514M sold.

Based on aggregated 13F filings for Q1 2024.