Yum! Brands, Inc. (NYSE: YUM) is a global Fortune 500 fast food company with nearly 44,000 restaurants in more than 135 countries. Its restaurants include KFC, Pizza Hut and Taco Bell. The top institutional holders of Yum! Brands includes Vanguard Group Inc., T. Rowe Price Associates Inc., Blackrock Inc. and Magellan Asset Management Ltd.
Yum! recently announced that they would be buying a 3% stake in Grubhub (GRUB), the food delivery service. The deal signals a partnership between the two groups, and Grubhub will now allow delivery from Taco Bell, Pizza Hut, and KFC.
Following are the top four largest mutual Fund holders of Yum! Brands.
Vanguard Total Stock Mkt Idx Inv (VTSMX)
The largest Mutual Fund holder, Vanguard Total Stock Mkt Idx Inv (VTSMX), owns 8,122,537 shares of Yum! Brands as of February 8, 2018. This mutual fund was created in 1992 and was designed to give broad exposure to the total U.S. stock market by including small, mid, and large-cap growth and value stocks. The fund has $701.1 billion in net assets invested in 3,620 stocks, with a 11.61% allocation in the consumer cyclical sector. The minimum required investment is $3,000.
Vanguard 500 Index Inv (VFINX)
The Vanguard 500 Index Inv (VFINX) is the second-largest mutual fund holder of YUM! Brands, with 5,758,743 shares as of September 30, 2017. The fund is the industry’s first index fund for individual investors and is invested in 510 stocks covering a diversified spectrum of the largest U.S. companies, mirroring the Standard and Poor’s 500 index (S&P 500). The fund has total net assets of $421.1 billion, with a 11.1% allocation in the consumer cyclical sector. The minimum required investment is $3,000.
T. Rowe Price Capital Appreciation Fund (PRWCX)
In third is T. Rowe Capital Appreciation Fund (PRWCX) with its 5,474,515 shares of Yum! Brands. The five-star fund seeks long-term capital appreciation by investing primarily in common stocks it believes to have above-average potential for capital growth. It’s assets under management is worth $30.3 billion, and is invested in 67 stock holdings, of which 15.25% is allocated in the consumer cyclical sector. This is a closed fund.
T. Rowe Price Blue Chip Growth Fund (TRBCX)
The T. Rowe Price Blue Chip Growth Fund (TRBCX) is the fourth largest mutual fund holder of Yum! Brands with its 5,474,515 shares. The fund has a five star Morningstar rating. Its net assets are worth $51.9 billion invested in 124 different holdings. Slightly more than 23% is allocated in the consumer cyclical sector.
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