YUM CHINA HLDGS INC YUMC
COM · Common Stock · CUSIP 98850P109 · ISIN US98850P1093
Chinese fast-food restaurant chain
- SectorConsumer discretionary
- IndustryRetail-Eating Places
- HeadquartersPlano, TX
- Founded2016
- Websiteyumchina.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($8.7m this quarter). Holder counts are more reliable. Shares outstanding: 342.5m as of 2026-08-04, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $44.81. Options: 10 managers hold calls ($41.6m notional), 14 hold puts ($43.7m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 664 |
| Q4 2022 | 734 |
| Q1 2023 | 746 |
| Q2 2023 | 736 |
| Q3 2023 | 702 |
| Q4 2023 | 683 |
| Q1 2024 | 673 |
| Q2 2024 | 629 |
| Q3 2024 | 682 |
| Q4 2024 | 717 |
| Q1 2025 | 736 |
| Q2 2025 | 691 |
| Q3 2025 | 663 |
| Q4 2025 | 674 |
| Q1 2026 | 705 |
| Q2 2026 | 660 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 307 | 274 |
| Q4 2024 | 276 | 293 |
| Q1 2025 | 291 | 295 |
| Q2 2025 | 260 | 332 |
| Q3 2025 | 275 | 275 |
| Q4 2025 | 261 | 279 |
| Q1 2026 | 289 | 274 |
| Q2 2026 | 245 | 337 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $93.6m | $33.7m | 0.36 |
| Q4 2025 | $83.5m | $25.8m | 0.31 |
| Q1 2026 | $54.4m | $45.8m | 0.84 |
| Q2 2026 | $41.6m | $43.7m | 1.05 |
Biggest buyers
| Westwood Global Investments, LLC | Added | +2.3m |
| BARCLAYS PLC | Added | +2.0m |
| W1M Asset Management Ltd | Added | +1.7m |
| North of South Capital LLP | New | +1.5m |
| JANE STREET GROUP, LLC | Added | +1.4m |
| LSV ASSET MANAGEMENT | New | +1.4m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.1m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +705.2k |
| GOLDMAN SACHS GROUP INC | Added | +688.4k |
| Point72 Asset Management, L.P. | Added | +563.6k |
Biggest sellers
| LOOMIS SAYLES & CO L P | Reduced | -2.6m |
| Driehaus Capital Management LLC | Sold out | -1.8m |
| FMR LLC | Reduced | -1.6m |
| PRINCIPAL FINANCIAL GROUP INC | Reduced | -1.5m |
| JPMORGAN CHASE & CO | Reduced | -1.3m |
| CITADEL ADVISORS LLC | Reduced | -1.3m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.1m |
| Temasek Holdings (Private) Ltd | Reduced | -801.0k |
| GUARDCAP ASSET MANAGEMENT Ltd | Reduced | -690.1k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -591.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $23.7m578.8k shares |
| GROUP ONE TRADING LLC | Added | $4.3m106.0k shares |
| CITADEL ADVISORS LLC | Added | $3.1m75.4k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $3.1m75.0k shares |
| IMC-Chicago, LLC | Reduced | $2.3m56.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.2m53.8k shares |
| JANE STREET GROUP, LLC | Reduced | $1.9m46.4k shares |
| UBS Group AG | Reduced | $820.7k20.1k shares |
| Walleye Capital LLC | Reduced | $208.4k5.1k shares |
| Walleye Trading LLC | Reduced | $32.7k800 shares |
Biggest puts
| BARCLAYS PLC | Unchanged | $13.5m330.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $12.1m294.9k shares |
| IMC-Chicago, LLC | Added | $4.1m100.3k shares |
| MILLENNIUM MANAGEMENT LLC | Unchanged | $3.1m75.0k shares |
| CITADEL ADVISORS LLC | Reduced | $3.0m72.9k shares |
| GROUP ONE TRADING LLC | Added | $2.9m71.9k shares |
| JANE STREET GROUP, LLC | Reduced | $1.5m37.4k shares |
| SIMPLEX TRADING, LLC | Added | $1.4m35.3k shares |
| Walleye Trading LLC | Reduced | $776.5k19.0k shares |
| Capula Management Ltd | Unchanged | $686.6k16.8k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| JPMORGAN CHASE & CO 13G · institution -1.9 pts · filed 2026-10-15 | 5.7% |
| PRINCIPAL GLOBAL INVESTORS 13G · institution new · filed 2025-11-06 | 5.5% |
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 2 | $352.7k | — |
| Q1 2025 | 0 | — | 3 | $2.2m | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 4 | $1.2m | — |
| Q1 2026 | 0 | — | 4 | $7.8m | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 2 | $1.8m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-18 | HUANG Duoduo (Howard) Chief Supply Chain Officer | Sold | $1.1m24.1k shares |
| 2026-08-12 | Kuai Jeff General Manager, Pizza Hut | Sold | $696.0k14.6k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| JPMORGAN CHASE & CO 0.06% of their portfolio | 24.1m $985.2m | Reduced -1.3m |
| PRINCIPAL FINANCIAL GROUP INC 0.42% of their portfolio | 21.1m $861.2m | Reduced -1.5m |
| Primavera Capital Management Ltd 87.05% of their portfolio | 12.0m $491.9m | Unchanged |
| BLS Capital Fondsmaeglerselskab A/S 17.06% of their portfolio | 10.8m $442.8m | Reduced -536.2k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 10.8m $441.7m | Reduced -291.0k |
| ROYAL BANK OF CANADA 0.07% of their portfolio | 10.6m $433.2m | Added +64 |
| Dodge & Cox 0.18% of their portfolio | 8.4m $341.9m | Added +13.8k |
| W1M Asset Management Ltd 2.93% of their portfolio | 7.8m $320.2m | Added +1.7m |
| Westwood Global Investments, LLC 10.07% of their portfolio | 7.0m $286.6m | Added +2.3m |
| NORGES BANK 0.02% of their portfolio | 5.6m $229.8m | Not comparable |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 4.4m $179.7m | Added +688.4k |
| BARCLAYS PLC 0.05% of their portfolio | 3.7m $149.4m | Added +2.0m |
| Bank of New York Mellon Corp 0.02% of their portfolio | 3.6m $146.8m | Reduced -78.0k |
| FIL Ltd 0.10% of their portfolio | 3.5m $141.3m | Reduced -309.0k |
| GUARDCAP ASSET MANAGEMENT Ltd 9.46% of their portfolio | 3.3m $133.1m | Reduced -690.1k |
| VANGUARD FIDUCIARY TRUST CO 0.03% of their portfolio | 2.9m $119.0m | Reduced -90.2k |
| Mondrian Investment Partners LTD 14.34% of their portfolio | 2.9m $929.7m | Added +551.5k |
| FMR LLC 0.01% of their portfolio | 2.8m $116.3m | Reduced -1.6m |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 2.6m $108.0m | Reduced -28.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 2.6m $106.5m | Reduced -275.7k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 2.6m $126.8m | Added +296.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio | 2.5m $100.7m | Added +705.2k |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 2.5m $100.2m | Added +1.1m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.4m $96.3m | Reduced -1.1m |
| UBS Group AG 0.01% of their portfolio | 2.1m $85.1m | Added +530.2k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 2.0m $80.1m | Reduced -230.8k |
| Temasek Holdings (Private) Ltd 0.21% of their portfolio | 1.9m $78.3m | Reduced -801.0k |
| Legal & General Group Plc 0.02% of their portfolio | 1.9m $76.3m | Reduced -99.9k |
| JANE STREET GROUP, LLC 0.05% of their portfolio | 1.8m $74.1m | Added +1.4m |
| Vontobel Holding Ltd. 0.24% of their portfolio | 1.8m $72.8m | Added +73.3k |
| LOOMIS SAYLES & CO L P 0.09% of their portfolio | 1.7m $70.0m | Reduced -2.6m |
| North of South Capital LLP 4.62% of their portfolio | 1.5m $62.8m | New |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 1.5m $61.6m | Reduced -247.6k |
| LSV ASSET MANAGEMENT 0.11% of their portfolio | 1.4m $58.7m | New |
| NORDEA INVESTMENT MANAGEMENT AB 0.05% of their portfolio | 1.4m $58.5m | Added +207.7k |
| Alberta Investment Management Corp 0.31% of their portfolio | 1.3m $53.1m | Reduced -65.7k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.03% of their portfolio | 1.2m $50.3m | Added +5.0k |
| MACKENZIE FINANCIAL CORP 0.05% of their portfolio | 1.2m $48.3m | Added +337.4k |
| Amundi 0.01% of their portfolio | 1.2m $52.7m | Reduced -43.9k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 1.1m $46.7m | Added +328.7k |
| Invesco Ltd. 0.00% of their portfolio | 1.1m $46.4m | Reduced -24.4k |
| TODD ASSET MANAGEMENT LLC 0.82% of their portfolio | 1.1m $46.4m | Added +70 |
| MORGAN STANLEY 0.00% of their portfolio | 1.0m $42.9m | Reduced -259.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.0m $42.6m | Added +36.9k |
| ALTRINSIC GLOBAL ADVISORS LLC 1.52% of their portfolio | 1.0m $41.3m | Added +304.3k |
| DekaBank Deutsche Girozentrale 0.08% of their portfolio | 1.0m $48.2m | Unchanged |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 955.6k $39.1m | Reduced -43.5k |
| DANSKE BANK A/S 0.07% of their portfolio | 894.7k $36.6m | Added +6.4k |
| STATE STREET CORP 0.00% of their portfolio | 886.4k $36.2m | Added +14.4k |
| Perseverance Asset Management International 3.50% of their portfolio | 837.1k $34.2m | Added +123.1k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 833.2k $34.1m | Reduced -195.3k |
| Public Sector Pension Investment Board 0.09% of their portfolio | 832.6k $33.9m | Added +132.6k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 829.2k $33.9m | Reduced -24.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.06% of their portfolio | 798.4k $32.5m | Added +310.6k |
| CITIGROUP INC 0.01% of their portfolio | 756.6k $30.9m | Added +341.5k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.21% of their portfolio | 755.1k $30.9m | Added +2.8k |
| Point72 Asset Management, L.P. 0.05% of their portfolio | 720.9k $29.5m | Added +563.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 694.9k $28.4m | Added +157.2k |
| ASSETMARK, INC 0.05% of their portfolio | 682.9k $27.9m | Added +55.4k |
| Pictet North America Advisors SA 2.44% of their portfolio | 679.7k $27.7m | Added +143.1k |
| Swiss National Bank 0.01% of their portfolio | 642.0k $26.2m | Reduced -44.8k |
| Swedbank AB 0.02% of their portfolio | 640.4k $26.2m | Reduced -139.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 607.2k $24.8m | Added +70.8k |
| Nuveen, LLC 0.01% of their portfolio | 599.4k $24.5m | Reduced -22.1k |
| AVIVA PLC 0.04% of their portfolio | 591.2k $24.1m | Reduced -16.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 590.6k $24.1m | Reduced -35.9k |
| Holowesko Partners Ltd. 6.04% of their portfolio | 584.1k $23.9m | Unchanged |
| Man Group plc 0.04% of their portfolio | 570.2k $23.3m | Added +131.2k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 560.9k $22.9m | Added +294.1k |
| Axxion S.A. 1.32% of their portfolio | 520.0k $18.5m | First filing |
| BlackRock, Inc. 0.00% of their portfolio | 442.6k $18.1m | Reduced -16.7k |
| SEB Asset Management AB 0.07% of their portfolio | 433.7k $17.7m | Added +237.0k |
| LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio | 421.2k $17.2m | Added +68.4k |
| USS Investment Management Ltd 0.07% of their portfolio | 419.1k $17.1m | Unchanged |
| RV Capital AG 4.25% of their portfolio | 398.0k $16.3m | Reduced -23.5k |
| HERITAGE INVESTORS MANAGEMENT CORP 0.44% of their portfolio | 390.6k $16.0m | Reduced -17.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 389.1k $15.9m | Added +296 |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 382.6k $15.6m | Reduced -213.9k |
| True Light Capital Pte. Ltd. 10.23% of their portfolio | 379.9k $15.5m | Reduced -158.7k |
| Ninety One UK Ltd 0.03% of their portfolio | 375.2k $15.3m | Added +28.6k |
| MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC 5.20% of their portfolio | 371.2k $15.2m | Reduced -183.7k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.09% of their portfolio | 368.4k $15.0m | Reduced -307.6k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.03% of their portfolio | 366.9k $15.0m | Reduced -2.5k |
| Pictet Asset Management Holding SA 0.01% of their portfolio | 365.0k $14.9m | Reduced -37.7k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 363.9k $14.9m | Reduced -360.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 363.2k $14.8m | Reduced -47.3k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 345.3k $14.1m | Reduced -56.8k |
| JUPITER ASSET MANAGEMENT LTD 0.07% of their portfolio | 329.1k $13.4m | Reduced -234.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 327.7k $13.4m | Added +64.1k |
| Korea Investment CORP 0.02% of their portfolio | 288.4k $11.8m | Reduced -21.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 257.5k $10.5m | Reduced -169.3k |
| Crossmark Global Holdings, Inc. 0.14% of their portfolio | 254.7k $10.4m | New |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 251.5k $10.3m | Added +20.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 249.1k $10.2m | Reduced -29.8k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio | 247.1k $10.1m | Reduced -30.8k |
| CIBC WORLD MARKET INC. 0.02% of their portfolio | 244.3k $10.0m | New |
| State of New Jersey Common Pension Fund D 0.03% of their portfolio | 239.2k $9.8m | Unchanged |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 236.2k $9.7m | Reduced -1.3m |
| Value Partners Investments Inc. 0.67% of their portfolio | 236.0k $9.6m | Reduced -684 |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 210.2k $8.6m | Added +133.9k |