Yum! The brand is a fast-food corporation that was founded on 6th October 1997. It was formerly known as Tricon Global Restaurants until 2002 when its name changed to Yum! Brands. The subsidiaries of Yum! Brands include- KFC, Taco Bell, Pizza Hut, WingStreet, and The Habit Burger Grill. Yum! Brands have many retail investors, institutions, etc. that own a portion of the company. Among them, the largest shareholder of the company is T. Rowe Price Associates Inc. Let us dive into the topic- Who owns yum brands?
Ownership Groups
There are several kinds of ownership groups on the share registry. Their types along with the percentage of company shares owned by each group (ownership breakdown as of May 2021) are as follows-
- Institutions (79.9% or 238,100,796 shares) – They have more than half of the ownership of Yum! Brands. An institutional shareholder is a business (mutual fund or insurance company, bank) that owns shares in a company that is publicly traded. If the majority of the shares of a company are in hold of institutional shareholders, the company is said to be in institutional ownership.
- General Public (19.8% or 59,105,810 shares ) – Yum! Brands is a publicly traded company, that is, people who want to invest in shares can buy them from Yum! Brands. Therefore, the general public stands as the second-largest ownership group of the company.
- Individual Insiders (0.2% or 562,518 shares) – An individual belonging to a publicly trading company such as a senior officer, director, etc. that owns a specific percentage of shares of the company is known as an individual insider.
- State or Government (0.04% or 132,029 shares)
Top Owners
The companies having the largest share of the Yum! Brands’ ownership is as follows:
- T. Rowe Price Associates, Inc.
- Stake- 11.44%
- Total number of shares- 34,084,064
- Value- $3,920,689,882
- The Vanguard Group, Inc.
- Stake- 7.37%
- Total number of shares- 21,965,137
- Value- $2,526,649,709
- Magellan Asset Management Ltd.
- Stake- 6.99%
- Total number of shares- 20,824,164
- Value- $2,395,403,585
- BlackRock Fund Advisors
- Stake- 4.14%
- Total number of shares- 12,323,620
- Value- $1,417,586,009
- SSgA Funds Management, Inc.
- Stake- 4.12%
- Total number of shares- 12,270,774
- Value- $1,411,507,133
- Sustainable Growth Advisers LP
- Stake- 2.48%
- Total number of shares- 7,392,908
- Value – $850,406,207
- Loomis, Sayles & Co. LP
- Stake- 2.14%
- Total number of shares- 6,376,475
- Value- $733,485,919
- JPMorgan Investment Management
- Stake- 2.04%
- Total number of shares- 6,083,293
- Value- $699,761,194
- Geode Capital Management LLC
- Stake- 1.58%
- Total number of shares- 4,707,258
- Value- $541,475,888
- Northern Trust Investments, Inc.
- Stake- 1.24%
- Total number of shares- 3,699,822
- Value- $425,590,525
T. Rowe Price Associates, Inc.
T. Rowe Price Associates is an American asset management firm that is publicly owned. It makes it to the top of the Yum! Brands ownership as the leading shareholder of the company. It provides account management and advisory services in addition to furnishing funds, retirement plans, and services for institutions, people, and financial intermediaries. It was established in 1937. The founder of the company is Thomas Rowe Price, Jr. Its headquarters are based in Baltimore, Maryland, United States. It is featured at a rank of 447 in the Fortune 500 which is a list of the biggest companies in the US.
Their stock symbol is NASDAQ: TROW. The total assets of the company add up to $1.6 trillion and its stake in Yum! Brands are around $3.99 billion. The President, Chairman, and CEO of the incorporation is William J. Stromberg. Thomas Rowe Price Jr. is known as ‘the father of growth investing’ and ‘the Sage of Baltimore’. It has its offices located in 17 countries with more than seven thousand global associates and 745 global investment professionals. The company has its main focus on fundamental research, diversification, risk-free approach, and style consistency. As defined by the company, their philosophy is being curious and collaborative.
The Vanguard Group, Inc.
The Vanguard Group, Inc. is an advisory and investment management service providing company. It is the second top investor and owner of Yum! Brands. It was founded on May 1, 1975, by John C. Bogle. It has its headquarters in Malvern, Pennsylvania, United States. It has many subsidiaries that are listed below:
- Vanguard Global Advisors, LLC
- Vanguard Fiduciary Trust Company
- Vanguard Group (Ireland) Limited
- Vanguard Fiduciary Trust Company
- Vanguard Investments Hong Kong Limited
- Vanguard Marketing Corporation
- Zealous, Inc.
- Vanguard Asset Management, Limited
- Vanguard Advisors Inc.
- Vanguard Investments Canada Inc.
- Raisonnable, Inc.
- Vanguard Investments Singapore Pte Ltd.
- Capital Mortgage Management, Inc.
- Vanguard Investments UK Ltd.
- Vanguard Investments Japan, Ltd.
The total stake worth of The Vanguards Group in the Yum! Brands are estimated to be around $2.72 billion. The Chairman, as well as CEO of the company, is Mortimer J. Buckley. Its global assets in total are about $7 trillion. It tops in providing mutual funds and at the second position for furnishing exchange-traded funds (ETFs) all over the world. The owner of The Vanguard Group is its customers as it is owned by funds that are superintended by the organization.
Magellan Asset Management Ltd
The main industries related to Magellan Asset Management Ltd are the finance and insurance sector, asset management, and management investment. Its subsidiaries are Australian equities and Airlie Funds Management Pty Ltd and the parent organization is Magellan Financial Group. Magellan Asset Management Ltd was founded in 2006 and has its headquarters in Sydney, New South Wales, Australia. The Chairman, as well as the CIO of the company, is Hamish Douglass. The CEO of the company is Brett Cairns. The total assets of the company cost $73.9 billion. Their stock symbol is ASX: MFG. The value of their stake in Yum! Brands are around $2.44 billion. The company is fractionated into three sections:
- Corporate
- Fund Management
- Principal Investment
The company aims to provide funds to retail and high-net-worth investors situated in New Zealand and Australia. It provides funds to all global institutional investors. Its plan of action is focused on global listed infrastructure and equity. Funds offered by the company are-
- Magellan High Conviction
- Magellan Global Fund
- Magellan Sustainable Fund
- Magellan Global Fund Hedged
- Magellan Infrastructure Fund (Unhedged)
- Magellan Infrastructure Fund
- MFG Core Series
- Magellan Future Pay
How can I work at Yum! Brands?
There is a defined selection process at Yum! Brands that goes like:
- Select your job
- Send your cover letter and resume
- Receive an email for selection process details
- Selection process
- Interview by the HR
- Pre-employment evaluation
- Interview by the hiring manager
- Job offer given
The interview is usually conducted by a panel of interviewers. They start it with some information about the applied post and Yum! Brands, then there are questions related to the educational qualifications, work field, and experience. At last, a chance is given to ask questions from the recruiter. It is suggested to come prepared with some questions to ask. This will help you show your interest in the recruiting company.
There are many job postings put out by Yum! Brands. They are as follows:
- Food Safety Analyst
- Internal Analyst
- Accounting and Reporting Analyst
- Payroll Specialist
- Java Developer
- Video Producer
- Cyber Security Director
- HR Integration Developer
- Cyber Security Director
- Brand Manager
- Social Media Editor
- Senior Trademark Counsel
- Desktop Engineer
- Art Director
- IT Risk Management Lead
- Accounting and Reporting
- Digital Marketing Specialist
- Analyst
Some significant interview questions that can be asked in Yum! Brands’ interviews are as follows:
- What are your strengths that can benefit the job title?
- Why do you want to join Yum! Brands?
- Do you know the name of our CEO?
- What gets you going through tough times?
- What according to you is an ideal workplace?
- What weaknesses do you have and how can you overcome them?
- What makes you excited about this role?
- What do you think is the attrition rate of the company?
- What are your major aims or long-employment strategies in your career?
How did Yum! Do brands come into existence?
Tricon Global Restaurants (former name for Yum! Brands) was made in 1997 from the fast-food division of PepsiCo. It was made the parent organization of Taco Bell, KFC, and Pizza Hut restaurants. In early 1998, Tricon Global chose Louisville as its headquarters. In 2000, Tricon Global along with Yorkshire Global Restaurants carried out trials for multi-branded locations. It was March 2002 when the multi-brand Tricon-Yorkshire consisted of-
- 6 KFC/Long John Silver’s
- 83 KFC/A&WS
- 3 Taco Bell/Long John Silver’s
The multi-brand was regarded as successful by many companies. Then, Yorkshire Global made a big announcement that it would merge with Tricon Global Restaurants that led to the formation of Yum! Brands. They merged on 8th May 2002 and the name change became effective from 22nd May 2002. Yum! Brands are now one of the largest fast-food restaurant companies. The total number of restaurants being operated is 43,617 out of which franchised restaurants are 40,758 and the ones owned by the company are 2,859.
This was all about the ownership of Yum! Brands, one of the most successful Mexican-inspired QSR (Quick Service Restaurant) corporations. It took twenty-three years for the company to reach such great heights and revolutionize the fast-food industry. Their fast-food chains are an integral part of people’s lives throughout the world.
