Capital International Investors Discloses 7.5% Stake in YUM! Brands

Ticker: YUM · Form: SC 13G · Filed: 2024-02-09T00:00:00.000Z

Sentiment: bullish

Topics: institutional-ownership, insider-buy, passive-investment

TL;DR

**Big investor Capital International Investors just revealed a 7.5% stake in YUM! Brands, signaling bullish sentiment.**

AI Summary

Capital International Investors, a major investment firm, reported owning 20,449,165 shares of YUM! Brands, Inc. common stock as of December 29, 2023. This represents a significant 7.5% stake in the company, making them a substantial shareholder. This matters to investors because it signals that a large, sophisticated institutional investor sees long-term value in YUM! Brands, potentially indicating confidence in the company's future performance and strategic direction.

Why It Matters

A large institutional investor taking a significant stake can be a vote of confidence, potentially attracting other investors and influencing stock performance.

Risk Assessment

Risk Level: low — This filing indicates a large institutional investment, which is generally seen as a positive sign of confidence rather than a risk.

Analyst Insight

A smart investor would view this as a positive signal, potentially researching YUM! Brands further to understand the underlying reasons for Capital International Investors' significant stake, and consider adding to or initiating a position if it aligns with their investment strategy.

Key Numbers

20,449,165 — Shares Owned (Total shares of YUM! Brands common stock beneficially owned by Capital International Investors.)
7.5% — Ownership Percentage (The percentage of YUM! Brands' common stock owned by Capital International Investors, indicating a significant stake.)
December 29, 2023 — Event Date (The specific date that triggered the requirement for this SC 13G filing.)

Key Players & Entities

Capital International Investors (company) — the reporting person and institutional investor
YUM! Brands, Inc. (company) — the subject company whose stock was acquired
20,449,165 (dollar_amount) — number of shares beneficially owned
7.5% (dollar_amount) — percentage of class beneficially owned
December 29, 2023 (person) — date of the event requiring the filing

Forward-Looking Statements

YUM! Brands' stock price may see increased stability or upward pressure due to institutional confidence. (YUM! Brands) — medium confidence, target: Q2 2024
Other institutional investors might review their positions in YUM! Brands following this disclosure. (Institutional Investors) — medium confidence, target: Q1 2024

FAQ

Who is the reporting person in this SC 13G filing?

The reporting person is Capital International Investors, as stated in the 'NAMES OF REPORTING PERSONS' section and the 'FILED BY' section of the filing.

What is the subject company whose shares are being reported?

The subject company is YUM! Brands, Inc., as indicated in the 'SUBJECT COMPANY' data and the 'Name of Issuer' on the Schedule 13G cover page.

How many shares of YUM! Brands, Inc. common stock does Capital International Investors beneficially own?

Capital International Investors beneficially owns 20,449,165 shares of YUM! Brands, Inc. common stock, as detailed in the filing.

What percentage of YUM! Brands, Inc.'s common stock does this ownership represent?

This ownership represents 7.5% of YUM! Brands, Inc.'s common stock, as specified in the filing.

What was the date of the event that required this SC 13G filing?

The date of the event which required the filing of this statement was December 29, 2023, as explicitly stated on the Schedule 13G cover page.

From the Filing

0001422848-24-000188.txt : 20240209 0001422848-24-000188.hdr.sgml : 20240209 20240209180553 ACCESSION NUMBER: 0001422848-24-000188 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: YUM BRANDS INC CENTRAL INDEX KEY: 0001041061 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 133951308 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-52175 FILM NUMBER: 24616634 BUSINESS ADDRESS: STREET 1: 1441 GARDINER LANE CITY: LOUISVILLE STATE: KY ZIP: 40213 BUSINESS PHONE: 5028748300 MAIL ADDRESS: STREET 1: 1900 COLONEL SANDERS LANE CITY: LOUISVILLE STATE: KY ZIP: 40213 FORMER COMPANY: FORMER CONFORMED NAME: TRICON GLOBAL RESTAURANTS INC DATE OF NAME CHANGE: 19970627 FORMER COMPANY: FORMER CONFORMED NAME: GREAT AMERICAN RESTAURANT CO DATE OF NAME CHANGE: 19970618 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Capital International Investors CENTRAL INDEX KEY: 0001562230 ORGANIZATION NAME: IRS NUMBER: 951411037 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 333 SOUTH HOPE STREET STREET 2: 55TH FL CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 213-486-9200 MAIL ADDRESS: STREET 1: 333 SOUTH HOPE STREET STREET 2: 55TH FL CITY: LOS ANGELES STATE: CA ZIP: 90071 FORMER COMPANY: FORMER CONFORMED NAME: Capital Research & Management Co - Division 3 DATE OF NAME CHANGE: 20121114 SC 13G 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. _ ) * YUM! Brands, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 988498101 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 988498101 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Capital International Investors 95-1411037 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 13,927,882 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 14,081,926 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14,081,926 Beneficial ownership disclaimed pursuant to Rule 13d-4 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.0% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer YUM! Brands, Inc. (b) Address of Issuer's Principal Executive Offices 1441 Gardiner Lane, Louisville, KY 40213 Item 2. (a) Name of Person Filing Capital International Investors (b) Address of Principal Business Office or, if None, Residence 333 South Hope Street, 55th Fl, Los Angeles, CA 90071 (c) Citizenship N/A (d) Title of Class of Securities Common Stock (e) CUSIP Number 988498101 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Wheth