undamentalytics Newsletter

Yum! Brands: which funds bought and sold

Institutions that bought and sold Yum! Brands shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 599 institutions that filed 13F reports for both quarters added to or opened positions in Yum! Brands, and 608 cut or closed them. Together they added a net 3.7M shares, +1.6% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 2.0M shares (+3.5%); index fund managers were net sellers of 92K shares (−0.1%). 111 opened a new position and 116 sold out entirely.

Bought, Q2 2026 599 institutions, 111 of them new holders Sold, Q2 2026 608 institutions, 116 of them sold out
Net change, all compared +3.7M shares (+1.6%)
Net change, active managers +2.0M shares (+3.5%), 32 bought, 40 sold

Buyers versus sellers

institutions compared, 1,520
Active managers and hedge funds 32 bought · 40 sold · +2.0M
Index fund managers 5 bought · 7 sold · −92K
Other institutions 562 bought · 561 sold · +1.8M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Wellington Management Group LLP Active manager +4.3M +1373.2% 4.6M $740M
Ilex Capital Partners (UK) LLP +1.0M New position 1.0M $162M
Price T Rowe Associates Inc Active manager +892K +44.5% 2.9M $463M
Invesco Ltd. +810K +20.1% 4.8M $775M
Jpmorgan Chase & Co +647K +3.3% 20.0M $3.2B
Fundsmith LLP Active manager +556K New position 556K $88.9M
Citigroup Inc +528K +195.5% 798K $128M
Marshall Wace, LLP Hedge fund +493K +7168.5% 500K $79.9M
Amundi +436K +63.3% 1.1M $180M
Barclays PLC +413K +68.8% 1.0M $162M
T. Rowe Price Investment Management, Inc. Active manager +391K +4.0% 10.3M $1.6B
Toronto Dominion Bank +311K +322.0% 407K $65.1M
Renaissance Technologies LLC Hedge fund +287K +6527.3% 292K $46.6M
Assenagon Asset Management S.A. +271K +201.7% 405K $64.7M
Boston Partners Active manager +244K +19.0% 1.5M $244M
Sustainable Growth Advisers, LP Active manager +238K +10.5% 2.5M $399M
State Street Corp Index funds +201K +1.5% 13.2M $2.1B
Bank Of America Corp +194K +5.1% 4.0M $639M
Morgan Stanley +192K +4.6% 4.4M $703M
Fundsmith Investment Services Ltd. +178K New position 178K $28.5M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Cantillon Capital Management LLC −1.7M −95.4% 83K $13.3M
Alyeska Investment Group, L.P. Hedge fund −1.1M −64.1% 602K $96.2M
Holocene Advisors, LP Hedge fund −1.0M Sold out 0 —
Magellan Asset Management Ltd Active manager −1.0M −73.8% 359K $57.4M
Citadel Advisors LLC Hedge fund −761K −26.7% 2.1M $335M
Junto Capital Management LP Hedge fund −512K Sold out 0 —
Balyasny Asset Management L.P. Hedge fund −471K −76.0% 149K $23.8M
Mane Global Capital Management LP −384K −56.6% 294K $47M
Point72 Asset Management, L.P. Hedge fund −260K −16.6% 1.3M $209M
Squarepoint Ops LLC Hedge fund −259K −95.2% 13K $2.1M
Blackrock, Inc. Index funds −246K −0.9% 26.2M $4.2B
SG Americas Securities, LLC −189K −79.6% 49K $7.8M
Nordea Investment Management AB −173K −85.0% 31K $4.9M
Legal & General Group PLC −170K −8.4% 1.9M $298M
BNP Paribas Asset Management Holding S.A. −157K −43.1% 208K $33.2M
D. E. Shaw & Co., Inc. Hedge fund −154K −95.6% 7,019 $1.1M
Jane Street Group, LLC −149K −92.7% 12K $1.9M
Mackenzie Financial Corp −147K −54.9% 121K $19.3M
Mediolanum International Funds Ltd −146K −67.6% 70K $11.1M
Capital Research Global Investors Active manager −142K −10.3% 1.2M $197M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Ilex Capital Partners (UK) LLP 1.0M $162M
Fundsmith LLPActive manager 556K $88.9M
Fundsmith Investment Services Ltd. 178K $28.5M
Marsico Capital Management LLCActive manager 164K $26.3M
Voloridge Investment Management, LLCHedge fund 152K $24.3M
Janney Montgomery Scott LLC 122K $19.5M
Ossiam 46K $7.3M
Tritonpoint Partners, LLC 44K $7.1M
Northern Right Capital Management, L.P. 40K $6.4M
Family Capital Trust Co 16K $2.6M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Holocene Advisors, LPHedge fund 1.0M $158M
Junto Capital Management LPHedge fund 512K $79.6M
Ceredex Value Advisors LLC 115K $17.9M
Hook Mill Capital Partners, LP 99K $15.4M
Natixis 68K $10.5M
Commonwealth Of Pennsylvania Public School Empls Retrmt Sys 65K $10.1M
Capitolis Liquid Global Markets LLC 63K $9.8M
Trexquant Investment LPHedge fund 59K $9.2M
Exoduspoint Capital Management, LPHedge fund 53K $8.2M
Strategic Global Advisors, LLC 45K $7M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
1,427
Ten largest holders
56.0%
of 13F-reported shares
Index fund managers
35.5%
of 13F-reported shares
Active managers and hedge funds
24.1%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 32 40 5 10 +2.0M +3.5%
Index fund managers 5 7 0 0 −92K −0.1%
Other institutions 562 561 106 106 +1.8M +1.9%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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