YUMCNYSERetail-Eating PlacesFiscal year ends December 31
Yum China Holdings, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$45.01−0.11 (-0.24%)
Close on Oct 19, 2026
- Market cap
- $15.71B
- P/E (TTM)
- 16.5
- Dividend yield
- 2.13%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
68.0%
233M of 342M shares
Institutional holders
659
70 new, 102 sold out
Net institutional buying
3M
In Q2 2026
Insider trades, 12 months
0 buys · 16 sales
Net sold $10.84M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Principal Global Investors | 20,169,911 | 5.50% | 13G (passive) | Sep 30, 2025 |
| JPMorgan Chase & Co. | 19,559,978 | 5.70% | 13G (passive) amendment | Sep 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of YUMC | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| JPMorgan Chase & Co | 24,117,074 | 7.04% | $985.18M | −1,276,168 | 0.05% |
| Principal Financial Group Inc | 21,130,258 | 6.17% | $861.18M | −1,476,482 | 0.42% |
| Primavera Capital Management Ltd | 12,035,635 | 3.51% | $491.90M | – | 87.05% |
| Bls Capital Fondsmaeglerselskab A/S | 10,835,362 | 3.16% | $442.84M | −536,231 | 17.06% |
| Vanguard Capital Management LLC | 10,817,104 | 3.16% | $441.69M | −291,000 | 0.01% |
| Royal Bank of Canada | 10,600,625 | 3.10% | $433.25M | +64 | 0.06% |
| Dodge & Cox | 8,365,562 | 2.44% | $341.90M | +13,800 | 0.18% |
| London & Capital Asset Management Ltd | 7,838,137 | 2.29% | $320.23M | +1,663,611 | 2.93% |
| Westwood Global Investments, LLC | 7,011,649 | 2.05% | $286.57M | +2,254,811 | 10.07% |
| Norges Bank | 5,621,829 | 1.64% | $229.76M | New | 0.02% |
| Goldman Sachs Group Inc | 4,397,801 | 1.28% | $179.74M | +688,421 | 0.02% |
| Barclays PLC | 3,654,516 | 1.07% | $149.36M | +2,023,855 | 0.03% |
| Bank of New York Mellon Corp | 3,592,503 | 1.05% | $146.83M | −77,984 | 0.02% |
| FIL Ltd | 3,461,448 | 1.01% | $141.35M | −309,007 | 0.10% |
| GUARDCAP ASSET MANAGEMENT Ltd | 3,255,683 | 0.95% | $133.06M | −690,053 | 9.46% |
| Vanguard Fiduciary Trust Co | 2,915,313 | 0.85% | $119.04M | −90,200 | 0.03% |
| Mondrian Investment Partners LTD | 2,909,043 | 0.85% | $929.73M | +551,544 | 14.34% |
| FMR LLC | 2,846,819 | 0.83% | $116.30M | −1,640,380 | 0.01% |
| Dimensional Fund Advisors LP | 2,641,284 | 0.77% | $107.96M | −28,026 | 0.02% |
| Wellington Management Group Llp | 2,608,892 | 0.76% | $106.53M | −275,655 | 0.02% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 659 | 233M | 68.0% | 70 / 184 | 235 / 102 | 27M | 24M |
| Q1 2026 | 705 | 230M | 67.1% | 96 / 210 | 217 / 58 | 42M | 32M |
| Q4 2025 | 674 | 235M | 68.7% | 92 / 205 | 213 / 66 | 24M | 58M |
| Q3 2025 | 663 | 270M | 78.8% | 58 / 222 | 203 / 75 | 45M | 65M |
| Q2 2025 | 690 | 291M | 84.9% | 75 / 195 | 228 / 105 | 37M | 55M |
| Q1 2025 | 734 | 311M | 90.8% | 87 / 217 | 240 / 57 | 39M | 25M |
| Q4 2024 | 716 | 298M | 87.1% | 116 / 204 | 222 / 71 | 44M | 48M |
| Q3 2024 | 682 | 304M | 88.7% | 127 / 188 | 205 / 69 | 56M | 46M |
| Q2 2024 | 629 | 311M | 90.9% | 60 / 195 | 212 / 93 | 45M | 38M |
| Q1 2024 | 672 | 310M | 90.5% | 85 / 198 | 218 / 86 | 35M | 51M |
| Q4 2023 | 683 | 326M | 95.2% | 96 / 176 | 245 / 103 | 46M | 28M |
| Q3 2023 | 701 | 309M | 90.1% | 52 / 218 | 242 / 80 | 18M | 24M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of YUMC | Value | % of fund | As of |
|---|---|---|---|---|---|
| Dodge & Cox International Stock Fund | 7,882,300 | 2.30% | $322.15M | 0.48% | Jun 30, 2026 |
| International Equity Fund | 4,385,280 | 1.28% | $26.50M | 3.21% | Jul 31, 2026 |
| Vanguard Emerging Markets Stock Index Fund | 4,152,450 | 1.21% | $1.54B | 0.12% | Jul 31, 2026 |
| iShares Core MSCI Emerging Markets ETF | 3,972,897 | 1.16% | $22.14M | 0.11% | May 31, 2026 |
| Vanguard Total International Stock Index Fund | 3,746,096 | 1.09% | $1.39B | 0.03% | Jul 31, 2026 |
| Global Emerging Markets Fund | 2,215,200 | 0.65% | $13.38M | 1.38% | Jul 31, 2026 |
| JPMorgan Emerging Markets Equity Fund | 1,887,970 | 0.55% | $90.96M | 0.84% | Jul 31, 2026 |
| Emerging Markets Core Equity 2 Portfolio | 1,340,971 | 0.39% | $64.61M | 0.18% | Jul 31, 2026 |
| RBC Emerging Markets Equity Fund | 1,321,450 | 0.39% | $6.88M | 0.82% | Jun 30, 2026 |
| Vanguard Total International Stock Index Fund | 1,249,287 | 0.36% | $60.19M | 0.01% | Jul 31, 2026 |
| JPMorgan Global Select Equity ETF | 1,064,569 | 0.31% | $51.29M | 0.77% | Jul 31, 2026 |
| Vanguard International Value Fund | 984,522 | 0.29% | $47.43M | 0.40% | Jul 31, 2026 |
| Strategic Advisers Fidelity Emerging Markets Fund | 971,936 | 0.28% | $41.24M | 0.10% | May 31, 2026 |
| RBC Emerging Markets Equity Fund | 896,662 | 0.26% | $36.65M | 0.56% | Jun 30, 2026 |
| iShares MSCI China ETF | 863,219 | 0.25% | $4.81M | 0.59% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Joey Wat | Chief Executive Officer, Director | 706,250 | 0.21% | Sep 21, 2026 |
| Adrian Ding | Chief Financial Officer | 55,461 | 0.02% | Sep 21, 2026 |
| Pingping LIU | Chief Legal Officer | 17,006 | 0.00% | Sep 21, 2026 |
| Warton Wang | General Manager, KFC | 54,523 | 0.02% | Sep 21, 2026 |
| Leila Zhang | Chief Technology Officer | 61,851 | 0.02% | Sep 21, 2026 |
| Xueling Lu | Controller and PAO | 32,546 | 0.01% | Sep 21, 2026 |
| Duoduo (Howard) HUANG | Chief Supply Chain Officer | 7,589 | 0.00% | Sep 21, 2026 |
| Jeff Kuai | General Manager, Pizza Hut | 63,541 | 0.02% | Sep 21, 2026 |
| Jerry DING | Chief People Officer | 4,305 | 0.00% | Sep 21, 2026 |
| Christina (Xiaojing) Zhu | Director | 25,215 | 0.01% | Jun 3, 2026 |
| Grace Xin Ge | Director | 9,126 | 0.00% | Jun 3, 2026 |
| Zhe David Wei | Director | 7,258 | 0.00% | Jun 3, 2026 |
| David L. Hoffmann | Director | 27,336 | 0.01% | Jun 3, 2026 |
| Mikel A. Durham | Director | 17,572 | 0.01% | Jun 3, 2026 |
| Edouard Ettedgui | Director | 67,324 | 0.02% | Jun 3, 2026 |
| Ruby Rong Lu | Director | 73,935 | 0.02% | Jun 3, 2026 |
| Fred Hu | Director | 12,131,090 | 3.54% | Jun 3, 2026 |
| Zili Shao | Director | 56,551 | 0.02% | Jun 3, 2026 |
| William Wang Yang | Director | 12,100,487 | 3.53% | Jun 3, 2026 |
| Min (Jenny) Zhang | Director | 17,513 | 0.01% | Jun 3, 2026 |
| Robert Blaine Aiken Jr | Director | 15,925 | 0.00% | Jun 3, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Jerry DING Chief People Officer | Sep 17, 2026 | Tax withholding | −5 | $41.35 | $207 | 4,305 |
| Jerry DING Chief People Officer | Sep 17, 2026 | Option exercise | +9 | – | – | 4,310 |
| Jerry DING Chief People Officer | Sep 1, 2026 | Option exercise | +1,318 | – | – | 4,895 |
| Jerry DING Chief People Officer | Sep 1, 2026 | Tax withholding | −594 | $44.88 | $26.66K | 4,301 |
| Duoduo (Howard) HUANG Chief Supply Chain Officer | Aug 18, 2026 | Sale | −19,513 | $47.07 | $918.48K | 7,589 |
| Duoduo (Howard) HUANG Chief Supply Chain Officer | Aug 18, 2026 | Sale | −3,344 | $47.14 | $157.64K | 41,875 |
| Duoduo (Howard) HUANG Chief Supply Chain Officer | Aug 18, 2026 | Sale | −1,239 | $47.14 | $58.41K | 40,636 |
| Duoduo (Howard) HUANG Chief Supply Chain Officer | Aug 18, 2026 | Returned to company | −4,294 | $47.25 | $202.89K | 36,342 |
| Duoduo (Howard) HUANG Chief Supply Chain Officer | Aug 18, 2026 | Returned to company | −9,240 | $47.25 | $436.59K | 27,102 |
| Duoduo (Howard) HUANG Chief Supply Chain Officer | Aug 18, 2026 | Option exercise | +10,479 | $41.66 | $436.56K | 45,219 |
| Duoduo (Howard) HUANG Chief Supply Chain Officer | Aug 18, 2026 | Option exercise | +7,638 | $26.56 | $202.87K | 34,740 |
| Jeff Kuai General Manager, Pizza Hut | Aug 12, 2026 | Sale | −4,312 | $47.74 | $205.85K | 63,541 |
| Jeff Kuai General Manager, Pizza Hut | Aug 12, 2026 | Option exercise | +11,178 | $26.56 | $296.89K | 91,243 |
| Jeff Kuai General Manager, Pizza Hut | Aug 12, 2026 | Sale | −5,313 | $47.71 | $253.48K | 85,930 |
| Jeff Kuai General Manager, Pizza Hut | Aug 12, 2026 | Sale | −4,961 | $47.71 | $236.69K | 80,969 |
| Jeff Kuai General Manager, Pizza Hut | Aug 12, 2026 | Returned to company | −6,899 | $47.76 | $329.50K | 74,070 |
| Jeff Kuai General Manager, Pizza Hut | Aug 12, 2026 | Option exercise | +12,212 | $26.98 | $329.48K | 80,065 |
| Jeff Kuai General Manager, Pizza Hut | Aug 12, 2026 | Returned to company | −6,217 | $47.76 | $296.92K | 67,853 |
| William Wang Yang Director | Jun 1, 2026 | Award | +7,632 | – | – | 64,852 |
| Fred Hu Director | Jun 1, 2026 | Award | +13,050 | – | – | 95,455 |
| Mikel A. Durham Director | Jun 1, 2026 | Award | +8,447 | – | – | 17,572 |
| Christina (Xiaojing) Zhu Director | Jun 1, 2026 | Award | +7,573 | – | – | 25,215 |
| David L. Hoffmann Director | Jun 1, 2026 | Award | +4,602 | – | – | 27,336 |
| Edouard Ettedgui Director | Jun 1, 2026 | Award | +8,098 | – | – | 67,324 |
| Min (Jenny) Zhang Director | Jun 1, 2026 | Award | +3,063 | – | – | 17,513 |
| Grace Xin Ge Director | Jun 1, 2026 | Award | +4,602 | – | – | 9,126 |
| Zili Shao Director | Jun 1, 2026 | Award | +4,544 | – | – | 56,551 |
| Ruby Rong Lu Director | Jun 1, 2026 | Award | +7,865 | – | – | 73,935 |
| Zhe David Wei Director | Jun 1, 2026 | Award | +4,136 | – | – | 7,258 |
| Adrian Ding Chief Financial Officer | May 2, 2026 | Option exercise | +3,063 | – | – | 55,461 |
| Adrian Ding Chief Financial Officer | May 2, 2026 | Tax withholding | −1,379 | $48.80 | $67.30K | 54,082 |
| Xueling Lu Controller and PAO | Feb 24, 2026 | Returned to company | −1,769 | $55.97 | $99.01K | 32,546 |
| Xueling Lu Controller and PAO | Feb 24, 2026 | Sale | −1,957 | $55.92 | $109.44K | 30,589 |
| Xueling Lu Controller and PAO | Feb 24, 2026 | Sale | −21,547 | $55.83 | $1.20M | 9,042 |
| Xueling Lu Controller and PAO | Feb 24, 2026 | Option exercise | +3,726 | $26.56 | $98.96K | 34,315 |
| Joey Wat Chief Executive Officer, Director | Feb 13, 2026 | Sale | −104,000 | $55.18 | $5.74M | 433,306 |
| Joey Wat Chief Executive Officer, Director | Feb 11, 2026 | Sale | −4,613 | $57.01 | $262.99K | 537,306 |
| Leila Zhang Chief Technology Officer | Feb 10, 2026 | Option exercise | +2,453 | – | – | 61,851 |
| Leila Zhang Chief Technology Officer | Feb 10, 2026 | Option exercise | +686 | – | – | 59,398 |
| Leila Zhang Chief Technology Officer | Feb 10, 2026 | Tax withholding | −1,413 | $57.12 | $80.71K | 60,438 |
| Adrian Ding Chief Financial Officer | Feb 10, 2026 | Option exercise | +580 | – | – | 50,926 |
| Adrian Ding Chief Financial Officer | Feb 10, 2026 | Tax withholding | −1,681 | $57.12 | $96.02K | 52,398 |
| Adrian Ding Chief Financial Officer | Feb 10, 2026 | Option exercise | +3,153 | – | – | 54,079 |
| Pingping LIU Chief Legal Officer | Feb 10, 2026 | Option exercise | +1,751 | – | – | 17,006 |
| Pingping LIU Chief Legal Officer | Feb 10, 2026 | Tax withholding | −823 | $57.12 | $47.01K | 16,183 |
| Pingping LIU Chief Legal Officer | Feb 10, 2026 | Option exercise | +269 | – | – | 15,255 |
| Warton Wang General Manager, KFC | Feb 10, 2026 | Tax withholding | −2,974 | $57.12 | $169.87K | 54,523 |
| Warton Wang General Manager, KFC | Feb 10, 2026 | Option exercise | +475 | – | – | 51,366 |
| Warton Wang General Manager, KFC | Feb 10, 2026 | Option exercise | +6,131 | – | – | 57,497 |
| Xueling Lu Controller and PAO | Feb 10, 2026 | Option exercise | +317 | – | – | 30,058 |
| Xueling Lu Controller and PAO | Feb 10, 2026 | Option exercise | +1,226 | – | – | 31,284 |
| Xueling Lu Controller and PAO | Feb 10, 2026 | Tax withholding | −695 | $57.12 | $39.70K | 30,589 |
| Jerry DING Chief People Officer | Feb 10, 2026 | Option exercise | +1,751 | – | – | 4,121 |
| Jerry DING Chief People Officer | Feb 10, 2026 | Tax withholding | −903 | $57.12 | $51.58K | 3,218 |
| Jerry DING Chief People Officer | Feb 10, 2026 | Option exercise | +359 | – | – | 3,577 |
| Joey Wat Chief Executive Officer, Director | Feb 10, 2026 | Option exercise | +6,861 | – | – | 511,248 |
| Joey Wat Chief Executive Officer, Director | Feb 10, 2026 | Option exercise | +35,040 | – | – | 545,108 |
| Joey Wat Chief Executive Officer, Director | Feb 10, 2026 | Tax withholding | −3,189 | $57.12 | $182.16K | 541,919 |
| Joey Wat Chief Executive Officer, Director | Feb 10, 2026 | Tax withholding | −1,180 | $57.12 | $67.40K | 510,068 |
| Jeff Kuai General Manager, Pizza Hut | Feb 10, 2026 | Option exercise | +4,204 | – | – | 70,102 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Huang Duoduo Officer | Aug 18, 2026 | 24,096 | $1.13M | Aug 18, 2026 | SAR Exercise |
| Kuai Jun Officer | Aug 12, 2026 | 14,586 | $696.00K | Aug 12, 2026 | SAR Exercise |
| Lu Xueling officer | Feb 24, 2026 | 23,504 | $1.31M | Feb 24, 2025 | SAR Exercise and sale |
| Wat Joey Officer | Feb 13, 2026 | 104,000 | $5.74M | Feb 13, 2026 | Restricted Stock Vest |
| Wat Joey Officer | Feb 11, 2026 | 4,613 | $263.00K | Feb 11, 2026 | Restricted Stock Vest |
| Zhang Leila Officer | Feb 5, 2026 | 5,193 | $286.89K | Feb 5, 2026 | SAR Exercise |
| Ding Jerry officer | Feb 5, 2026 | 3,000 | $165.41K | Feb 5, 2026 | Restricted stock vest |
| Zhang Leila Officer | Dec 11, 2025 | 7,689 | $363.11K | Dec 11, 2025 | SAR Exercise |
| Wang Warton Officer | Nov 24, 2025 | 8,187 | $395.27K | Nov 24, 2025 | SAR Exercise |
| DuoduoHuang Officer | Nov 24, 2025 | 4,888 | $235.11K | Nov 24, 2025 | SAR Exercise |
| Kuai Jun officer | Nov 20, 2025 | 5,167 | $248.02K | Nov 20, 2025 | SAR exercise |
| Joey Wat Officer | Mar 5, 2025 | 37,252 | $1.85M | Mar 5, 2025 | Stock Option |
| Duoduo (Howard) HUANG Officer | Nov 25, 2024 | 6,377 | $302.72K | Nov 25, 2024 | SAR Exercise |
| Jerry DING Officer | Nov 8, 2024 | 1,000 | $50.00K | Nov 8, 2024 | Restricted Stock Vesting |
| Andy Yeung Former officer | Nov 5, 2024 | 78,190 | $3.75M | Nov 5, 2024 | Restrictd stock vest |