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Yum China

628 hedge funds and large institutions have $9.05B invested in Yum China in 2024 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 194 increasing their positions, 212 reducing their positions, and 93 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.7% more ownership

Funds ownership: 71.1%74.79% (+3.7%)

8% less repeat investments, than reductions

Existing positions increased: 194 | Existing positions reduced: 212

7% less funds holding

Funds holding: 673628 (-45)

16% less call options, than puts

Call options by funds: $39.5M | Put options by funds: $46.9M

24% less capital invested

Capital invested by funds: $11.9B → $9.05B (-$2.82B)

27% less funds holding in top 10

Funds holding in top 10: 118 (-3)

35% less first-time investments, than exits

New positions opened: 60 | Existing positions closed: 93

Holders
628
Holders Change
-45
Holders Change %
-6.69%
% of All Funds
9.07%
Holding in Top 10
8
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-27.27%
% of All Funds
0.12%
New
60
Increased
194
Reduced
212
Closed
93
Calls
$39.5M
Puts
$46.9M
Net Calls
-$7.43M
Net Calls Change
+$27M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
1
JP Morgan Chase
New York
$605M -$25.2M -687,666 -3%
BlackRock
2
BlackRock
New York
$536M -$52.7M -1,439,685 -8%
Vanguard Group
3
Vanguard Group
Pennsylvania
$475M -$16.6M -454,269 -3%
Invesco
4
Invesco
Georgia
$467M -$119M -3,243,696 -18%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$446M -$83.5M -2,280,603 -14%
PCM
6
Primavera Capital Management
Cayman Islands
$371M +$441M +12,035,635 New
Massachusetts Financial Services
7
Massachusetts Financial Services
Massachusetts
$369M +$4.45M +121,617 +1%
GAM
8
GuardCap Asset Management
United Kingdom
$332M -$53.6M -1,464,410 -12%
Dodge & Cox
9
Dodge & Cox
California
$329M +$145M +3,961,400 +59%
BCF
10
BLS Capital Fondsmaeglerselskab
Denmark
$323M +$58.6M +1,601,565 +18%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$280M +$17.9M +489,443 +6%
Fidelity International
12
Fidelity International
Bermuda
$246M +$18.4M +503,932 +7%
State Street
13
State Street
Massachusetts
$188M -$6.39M -174,683 -3%
Norges Bank
14
Norges Bank
Norway
$179M +$3.79M +103,617 +2%
Loomis, Sayles & Company
15
Loomis, Sayles & Company
Massachusetts
$177M +$137K +3,752 +0.1%
Principal Financial Group
16
Principal Financial Group
Iowa
$162M +$30.6M +836,194 +19%
MIP
17
Mondrian Investment Partners
United Kingdom
$133M +$57.9M +1,582,859 +56%
UBS AM
18
UBS AM
Illinois
$126M +$24.5M +670,459 +20%
AllianceBernstein
19
AllianceBernstein
Tennessee
$125M +$34.2M +935,070 +30%
Bank of America
20
Bank of America
North Carolina
$111M -$72M -1,967,588 -35%
Allspring Global Investments
21
Allspring Global Investments
North Carolina
$109M -$10.2M -279,437 -7%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$95M +$509K +13,896 +0.5%
Legal & General Group
23
Legal & General Group
United Kingdom
$87.1M -$8.14M -222,346 -7%
Wellington Management Group
24
Wellington Management Group
Massachusetts
$81.6M +$93.3M +2,549,271 +2,627%
Deutsche Bank
25
Deutsche Bank
Germany
$74.6M +$1.05M +28,552 +1%

YUMC Hedge Fund Activity: Q2 2024 in Review

628 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Yum China (YUMC) for Q2 2024, worth a combined $9.05B — down 24% from $11.9B a quarter earlier.

Sellers outnumbered buyers: 93 funds closed out of YUMC and 60 opened new positions — a net loss of 33 holders — while 212 trimmed existing stakes and 194 added.

The largest buyer was Primavera Capital Management, opening a new position worth an estimated $441M. The largest seller was Mitsubishi UFJ Trust & Banking, cutting an estimated $121M.

  • 628 institutional investors held Yum China (YUMC) as of Q2 2024, down from 673 in Q1 2024.
  • Funds reported $9.05B of Yum China stock for Q2 2024, down 24% quarter-over-quarter.
  • 60 funds opened new Yum China positions in Q2 2024 and 93 closed out, a net change of -33 holders.
  • The largest Yum China buyer in Q2 2024 was Primavera Capital Management, an estimated $441M added.
  • The largest Yum China seller in Q2 2024 was Mitsubishi UFJ Trust & Banking, an estimated $121M sold.

Based on aggregated 13F filings for Q2 2024.