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Compiled from SEC Form N-PX filings and Yum China Holdings, Inc.’s Form 8-K, filed May 23, 2025 (Item 5.07 on EDGAR). Page generated October 14, 2026.
Meeting of May 23, 2025: 16 items on Yum China Holdings, Inc.’s Form 8-K, filed May 23, 2025: 16 without a stated outcome.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore Yum China Holdings, Inc. in the interactive database Compare manager voting policies
These tallies are Yum China Holdings, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 23, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Fred Hu | 280,223,783 | 6,722,246 | 376,788 | -- | 25,812,777 | 98% | Not verified | — |
| Elect Director: Joey Wat | 285,838,595 | 1,107,110 | 377,112 | -- | 25,812,777 | 99.6% | Not verified | — |
| Elect Director: Robert B. Aiken | 286,532,856 | 409,099 | 380,862 | -- | 25,812,777 | 99.8% | Not verified | — |
| Elect Director: Mikel A. Durham | 286,505,098 | 436,194 | 381,525 | -- | 25,812,777 | 99.8% | Not verified | — |
| Elect Director: Edouard Ettedgui | 286,208,303 | 729,528 | 384,986 | -- | 25,812,777 | 99.7% | Not verified | — |
| Elect Director: Grace Xin Ge | 286,490,817 | 458,689 | 373,311 | -- | 25,812,777 | 99.8% | Not verified | — |
| Elect Director: David Hoffmann | 286,521,861 | 410,657 | 390,299 | -- | 25,812,777 | 99.8% | Not verified | — |
| Elect Director: Ruby Lu | 285,663,769 | 1,290,284 | 368,764 | -- | 25,812,777 | 99.5% | Not verified | — |
| Elect Director: Zili Shao | 286,054,477 | 882,244 | 386,096 | -- | 25,812,777 | 99.6% | Not verified | — |
| Elect Director: William Wang | 286,208,877 | 729,004 | 384,936 | -- | 25,812,777 | 99.7% | Not verified | — |
| Elect Director: Min (Jenny) Zhang | 284,102,853 | 2,843,922 | 376,042 | -- | 25,812,777 | 99.0% | Not verified | — |
| Elect Director: Christina Xiaojing Zhu | 286,523,549 | 427,191 | 372,077 | -- | 25,812,777 | 99.8% | Not verified | — |
| 2. The approval and ratification of the appointment of KPMG Huazhen LLP and KPMG as the Company's independent auditors for 2025 | 309,650,625 | 2,967,329 | 517,640 | -- | 0 | 99.0% | Not verified | — |
| 3. An advisory vote to approve the Company's named executive officer compensation | 263,367,213 | 23,244,411 | 711,193 | -- | 25,812,777 | 92% | Not verified | — |
| 4. To approve the Board of Directors' continuing authority to approve issuances of shares of common stock or securities convertible into common stock in an amount not to exceed 20% of the Company's total number of outstanding shares of common stock as of the d | 279,117,965 | 7,533,333 | 671,519 | -- | 25,812,777 | 97% | Not verified | — |
| 5. To approve the Board of Directors' continuing authority to approve the repurchases of shares of common stock in an amount not to exceed 10% of the Company's total number of outstanding shares of common stock as of the date of the Annual Meeting, effective f | 309,431,761 | 2,493,841 | 1,209,992 | -- | 0 | 99.2% | Not verified | — |
Source: Yum China Holdings, Inc., Form 8-K, filed with the SEC on May 23, 2025 — read the filing on EDGAR.
Each item below shows how the 765 asset managers that disclosed a Yum China Holdings, Inc. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Yum China Holdings, Inc.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.
Combines 4 wordings of this item as funds reported it.
99.8% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: David Hoffmann
Yum China Holdings, Inc.’s own tally for this item (“Elect Director: David Hoffmann”): 286,521,861 for, 410,657 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 106 asset managers below reported 68,638,241 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,728,638 | 0 | 0 | 0 | For |
| Dodge & Cox | 8,179,870 | 0 | 0 | 0 | For |
| BlackRock | 6,439,758 | 0 | 0 | 0 | For |
| Fidelity | 6,099,980 | 0 | 0 | 0 | For |
| T. Rowe Price | 4,637,546 | 0 | 0 | 0 | For |
| Principal | 3,886,814 | 0 | 0 | 0 | For |
| MFS | 2,294,746 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 2,288,212 | 0 | 0 | 0 | For |
| Allspring | 2,263,450 | 0 | 0 | 0 | For |
| AllianceBernstein | 1,731,520 | 0 | 0 | 0 | For |
| Thrivent | 1,650,073 | 0 | 0 | 0 | For |
| Dimensional | 1,634,059 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,198,917 | 0 | 0 | 0 | For |
| Invesco | 1,169,679 | 0 | 0 | 0 | For |
| Charles Schwab | 985,981 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 984,809 | 0 | 0 | 0 | For |
| JPMorgan | 879,927 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 746,958 | 0 | 0 | 0 | For |
| TIAA | 733,393 | 0 | 0 | 0 | For |
| American Century | 708,291 | 0 | 0 | 0 | For |
| Virtus | 540,699 | 0 | 0 | 0 | For |
| Jackson National | 511,465 | 0 | 0 | 0 | For |
| Equitable | 497,850 | 0 | 0 | 0 | For |
| Northwestern Mutual | 437,626 | 0 | 0 | 0 | For |
| Calvert | 409,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.
Combines 5 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Edouard Ettedgui
Yum China Holdings, Inc.’s own tally for this item (“Elect Director: Edouard Ettedgui”): 286,208,303 for, 729,528 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 106 asset managers below reported 68,638,241 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,728,638 | 0 | 0 | 0 | For |
| Dodge & Cox | 8,179,870 | 0 | 0 | 0 | For |
| BlackRock | 6,439,758 | 0 | 0 | 0 | For |
| Fidelity | 6,099,980 | 0 | 0 | 0 | For |
| T. Rowe Price | 4,637,546 | 0 | 0 | 0 | For |
| Principal | 3,886,814 | 0 | 0 | 0 | For |
| MFS | 2,294,746 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 2,288,212 | 0 | 0 | 0 | For |
| Allspring | 2,263,450 | 0 | 0 | 0 | For |
| AllianceBernstein | 1,731,520 | 0 | 0 | 0 | For |
| Thrivent | 1,650,073 | 0 | 0 | 0 | For |
| Dimensional | 1,634,059 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,198,917 | 0 | 0 | 0 | For |
| Invesco | 1,169,679 | 0 | 0 | 0 | For |
| Charles Schwab | 985,981 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 984,809 | 0 | 0 | 0 | For |
| JPMorgan | 879,927 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 746,958 | 0 | 0 | 0 | For |
| TIAA | 733,393 | 0 | 0 | 0 | For |
| American Century | 708,291 | 0 | 0 | 0 | For |
| Virtus | 540,699 | 0 | 0 | 0 | For |
| Jackson National | 511,465 | 0 | 0 | 0 | For |
| Equitable | 497,850 | 0 | 0 | 0 | For |
| Northwestern Mutual | 437,626 | 0 | 0 | 0 | For |
| Calvert | 409,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.
Combines 4 wordings of this item as funds reported it.
99.8% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Grace Xin Ge
Yum China Holdings, Inc.’s own tally for this item (“Elect Director: Grace Xin Ge”): 286,490,817 for, 458,689 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 106 asset managers below reported 68,638,241 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,728,638 | 0 | 0 | 0 | For |
| Dodge & Cox | 8,179,870 | 0 | 0 | 0 | For |
| BlackRock | 6,439,758 | 0 | 0 | 0 | For |
| Fidelity | 6,099,980 | 0 | 0 | 0 | For |
| T. Rowe Price | 4,637,546 | 0 | 0 | 0 | For |
| Principal | 3,886,814 | 0 | 0 | 0 | For |
| MFS | 2,294,746 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 2,288,212 | 0 | 0 | 0 | For |
| Allspring | 2,263,450 | 0 | 0 | 0 | For |
| AllianceBernstein | 1,731,520 | 0 | 0 | 0 | For |
| Thrivent | 1,650,073 | 0 | 0 | 0 | For |
| Dimensional | 1,634,059 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,198,917 | 0 | 0 | 0 | For |
| Invesco | 1,169,679 | 0 | 0 | 0 | For |
| Charles Schwab | 985,981 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 984,809 | 0 | 0 | 0 | For |
| JPMorgan | 879,927 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 746,958 | 0 | 0 | 0 | For |
| TIAA | 733,393 | 0 | 0 | 0 | For |
| American Century | 708,291 | 0 | 0 | 0 | For |
| Virtus | 540,699 | 0 | 0 | 0 | For |
| Jackson National | 511,465 | 0 | 0 | 0 | For |
| Equitable | 497,850 | 0 | 0 | 0 | For |
| Northwestern Mutual | 437,626 | 0 | 0 | 0 | For |
| Calvert | 409,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.
Combines 4 wordings of this item as funds reported it.
99.6% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Joey Wat
Yum China Holdings, Inc.’s own tally for this item (“Elect Director: Joey Wat”): 285,838,595 for, 1,107,110 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 106 asset managers below reported 68,638,241 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,728,638 | 0 | 0 | 0 | For |
| Dodge & Cox | 8,179,870 | 0 | 0 | 0 | For |
| BlackRock | 6,439,758 | 0 | 0 | 0 | For |
| Fidelity | 6,099,980 | 0 | 0 | 0 | For |
| T. Rowe Price | 4,637,546 | 0 | 0 | 0 | For |
| Principal | 3,886,814 | 0 | 0 | 0 | For |
| MFS | 2,294,746 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 2,288,212 | 0 | 0 | 0 | For |
| Allspring | 2,263,450 | 0 | 0 | 0 | For |
| AllianceBernstein | 1,731,520 | 0 | 0 | 0 | For |
| Thrivent | 1,650,073 | 0 | 0 | 0 | For |
| Dimensional | 1,634,059 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,198,917 | 0 | 0 | 0 | For |
| Invesco | 1,169,679 | 0 | 0 | 0 | For |
| Charles Schwab | 985,981 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 984,809 | 0 | 0 | 0 | For |
| JPMorgan | 879,927 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 746,958 | 0 | 0 | 0 | For |
| TIAA | 733,393 | 0 | 0 | 0 | For |
| American Century | 708,291 | 0 | 0 | 0 | For |
| Virtus | 540,699 | 0 | 0 | 0 | For |
| Jackson National | 511,465 | 0 | 0 | 0 | For |
| Equitable | 497,850 | 0 | 0 | 0 | For |
| Northwestern Mutual | 437,626 | 0 | 0 | 0 | For |
| Calvert | 409,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.
Combines 4 wordings of this item as funds reported it.
99.8% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Mikel A. Durham
Yum China Holdings, Inc.’s own tally for this item (“Elect Director: Mikel A. Durham”): 286,505,098 for, 436,194 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 106 asset managers below reported 68,638,241 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,728,638 | 0 | 0 | 0 | For |
| Dodge & Cox | 8,179,870 | 0 | 0 | 0 | For |
| BlackRock | 6,439,758 | 0 | 0 | 0 | For |
| Fidelity | 6,099,980 | 0 | 0 | 0 | For |
| T. Rowe Price | 4,637,546 | 0 | 0 | 0 | For |
| Principal | 3,886,814 | 0 | 0 | 0 | For |
| MFS | 2,294,746 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 2,288,212 | 0 | 0 | 0 | For |
| Allspring | 2,263,450 | 0 | 0 | 0 | For |
| AllianceBernstein | 1,731,520 | 0 | 0 | 0 | For |
| Thrivent | 1,650,073 | 0 | 0 | 0 | For |
| Dimensional | 1,634,059 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,198,917 | 0 | 0 | 0 | For |
| Invesco | 1,169,679 | 0 | 0 | 0 | For |
| Charles Schwab | 985,981 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 984,809 | 0 | 0 | 0 | For |
| JPMorgan | 879,927 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 746,958 | 0 | 0 | 0 | For |
| TIAA | 733,393 | 0 | 0 | 0 | For |
| American Century | 708,291 | 0 | 0 | 0 | For |
| Virtus | 540,699 | 0 | 0 | 0 | For |
| Jackson National | 511,465 | 0 | 0 | 0 | For |
| Equitable | 497,850 | 0 | 0 | 0 | For |
| Northwestern Mutual | 437,626 | 0 | 0 | 0 | For |
| Calvert | 409,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.
Combines 4 wordings of this item as funds reported it.
99.0% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Min (Jenny) Zhang
Yum China Holdings, Inc.’s own tally for this item (“Elect Director: Min (Jenny) Zhang”): 284,102,853 for, 2,843,922 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.0% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 106 asset managers below reported 68,638,241 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,728,638 | 0 | 0 | 0 | For |
| Dodge & Cox | 8,179,870 | 0 | 0 | 0 | For |
| BlackRock | 6,439,758 | 0 | 0 | 0 | For |
| Fidelity | 6,099,980 | 0 | 0 | 0 | For |
| T. Rowe Price | 4,637,546 | 0 | 0 | 0 | For |
| Principal | 3,886,814 | 0 | 0 | 0 | For |
| MFS | 2,294,746 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 2,288,212 | 0 | 0 | 0 | For |
| Allspring | 2,263,450 | 0 | 0 | 0 | For |
| AllianceBernstein | 1,731,520 | 0 | 0 | 0 | For |
| Thrivent | 1,650,073 | 0 | 0 | 0 | For |
| Dimensional | 1,634,059 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,198,917 | 0 | 0 | 0 | For |
| Invesco | 1,169,679 | 0 | 0 | 0 | For |
| Charles Schwab | 985,981 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 984,809 | 0 | 0 | 0 | For |
| JPMorgan | 879,927 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 746,958 | 0 | 0 | 0 | For |
| TIAA | 733,393 | 0 | 0 | 0 | For |
| American Century | 708,291 | 0 | 0 | 0 | For |
| Virtus | 540,699 | 0 | 0 | 0 | For |
| Jackson National | 511,465 | 0 | 0 | 0 | For |
| Equitable | 497,850 | 0 | 0 | 0 | For |
| Northwestern Mutual | 437,626 | 0 | 0 | 0 | For |
| Calvert | 409,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.
Combines 4 wordings of this item as funds reported it.
99.8% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Robert B. Aiken
Yum China Holdings, Inc.’s own tally for this item (“Elect Director: Robert B. Aiken”): 286,532,856 for, 409,099 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 106 asset managers below reported 68,638,241 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,728,638 | 0 | 0 | 0 | For |
| Dodge & Cox | 8,179,870 | 0 | 0 | 0 | For |
| BlackRock | 6,439,758 | 0 | 0 | 0 | For |
| Fidelity | 6,099,980 | 0 | 0 | 0 | For |
| T. Rowe Price | 4,637,546 | 0 | 0 | 0 | For |
| Principal | 3,886,814 | 0 | 0 | 0 | For |
| MFS | 2,294,746 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 2,288,212 | 0 | 0 | 0 | For |
| Allspring | 2,263,450 | 0 | 0 | 0 | For |
| AllianceBernstein | 1,731,520 | 0 | 0 | 0 | For |
| Thrivent | 1,650,073 | 0 | 0 | 0 | For |
| Dimensional | 1,634,059 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,198,917 | 0 | 0 | 0 | For |
| Invesco | 1,169,679 | 0 | 0 | 0 | For |
| Charles Schwab | 985,981 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 984,809 | 0 | 0 | 0 | For |
| JPMorgan | 879,927 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 746,958 | 0 | 0 | 0 | For |
| TIAA | 733,393 | 0 | 0 | 0 | For |
| American Century | 708,291 | 0 | 0 | 0 | For |
| Virtus | 540,699 | 0 | 0 | 0 | For |
| Jackson National | 511,465 | 0 | 0 | 0 | For |
| Equitable | 497,850 | 0 | 0 | 0 | For |
| Northwestern Mutual | 437,626 | 0 | 0 | 0 | For |
| Calvert | 409,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.
Combines 4 wordings of this item as funds reported it.
99.5% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Ruby Lu
Yum China Holdings, Inc.’s own tally for this item (“Elect Director: Ruby Lu”): 285,663,769 for, 1,290,284 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 106 asset managers below reported 68,636,912 for, 1,329 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,728,638 | 0 | 0 | 0 | For |
| Dodge & Cox | 8,179,870 | 0 | 0 | 0 | For |
| BlackRock | 6,439,758 | 0 | 0 | 0 | For |
| Fidelity | 6,099,980 | 0 | 0 | 0 | For |
| T. Rowe Price | 4,637,546 | 0 | 0 | 0 | For |
| Principal | 3,886,814 | 0 | 0 | 0 | For |
| MFS | 2,294,746 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 2,288,212 | 0 | 0 | 0 | For |
| Allspring | 2,263,450 | 0 | 0 | 0 | For |
| AllianceBernstein | 1,731,520 | 0 | 0 | 0 | For |
| Thrivent | 1,650,073 | 0 | 0 | 0 | For |
| Dimensional | 1,634,059 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,198,917 | 0 | 0 | 0 | For |
| Invesco | 1,169,679 | 0 | 0 | 0 | For |
| Charles Schwab | 985,981 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 984,809 | 0 | 0 | 0 | For |
| JPMorgan | 879,927 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 746,958 | 0 | 0 | 0 | For |
| TIAA | 733,393 | 0 | 0 | 0 | For |
| American Century | 708,291 | 0 | 0 | 0 | For |
| Virtus | 540,699 | 0 | 0 | 0 | For |
| Jackson National | 511,465 | 0 | 0 | 0 | For |
| Equitable | 497,850 | 0 | 0 | 0 | For |
| Northwestern Mutual | 437,626 | 0 | 0 | 0 | For |
| Calvert | 409,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.
Combines 4 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: William Wang
Yum China Holdings, Inc.’s own tally for this item (“Elect Director: William Wang”): 286,208,877 for, 729,004 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 106 asset managers below reported 68,638,241 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,728,638 | 0 | 0 | 0 | For |
| Dodge & Cox | 8,179,870 | 0 | 0 | 0 | For |
| BlackRock | 6,439,758 | 0 | 0 | 0 | For |
| Fidelity | 6,099,980 | 0 | 0 | 0 | For |
| T. Rowe Price | 4,637,546 | 0 | 0 | 0 | For |
| Principal | 3,886,814 | 0 | 0 | 0 | For |
| MFS | 2,294,746 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 2,288,212 | 0 | 0 | 0 | For |
| Allspring | 2,263,450 | 0 | 0 | 0 | For |
| AllianceBernstein | 1,731,520 | 0 | 0 | 0 | For |
| Thrivent | 1,650,073 | 0 | 0 | 0 | For |
| Dimensional | 1,634,059 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,198,917 | 0 | 0 | 0 | For |
| Invesco | 1,169,679 | 0 | 0 | 0 | For |
| Charles Schwab | 985,981 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 984,809 | 0 | 0 | 0 | For |
| JPMorgan | 879,927 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 746,958 | 0 | 0 | 0 | For |
| TIAA | 733,393 | 0 | 0 | 0 | For |
| American Century | 708,291 | 0 | 0 | 0 | For |
| Virtus | 540,699 | 0 | 0 | 0 | For |
| Jackson National | 511,465 | 0 | 0 | 0 | For |
| Equitable | 497,850 | 0 | 0 | 0 | For |
| Northwestern Mutual | 437,626 | 0 | 0 | 0 | For |
| Calvert | 409,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.
Combines 4 wordings of this item as funds reported it.
99.6% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Zili Shao
Yum China Holdings, Inc.’s own tally for this item (“Elect Director: Zili Shao”): 286,054,477 for, 882,244 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 106 asset managers below reported 68,638,241 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,728,638 | 0 | 0 | 0 | For |
| Dodge & Cox | 8,179,870 | 0 | 0 | 0 | For |
| BlackRock | 6,439,758 | 0 | 0 | 0 | For |
| Fidelity | 6,099,980 | 0 | 0 | 0 | For |
| T. Rowe Price | 4,637,546 | 0 | 0 | 0 | For |
| Principal | 3,886,814 | 0 | 0 | 0 | For |
| MFS | 2,294,746 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 2,288,212 | 0 | 0 | 0 | For |
| Allspring | 2,263,450 | 0 | 0 | 0 | For |
| AllianceBernstein | 1,731,520 | 0 | 0 | 0 | For |
| Thrivent | 1,650,073 | 0 | 0 | 0 | For |
| Dimensional | 1,634,059 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,198,917 | 0 | 0 | 0 | For |
| Invesco | 1,169,679 | 0 | 0 | 0 | For |
| Charles Schwab | 985,981 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 984,809 | 0 | 0 | 0 | For |
| JPMorgan | 879,927 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 746,958 | 0 | 0 | 0 | For |
| TIAA | 733,393 | 0 | 0 | 0 | For |
| American Century | 708,291 | 0 | 0 | 0 | For |
| Virtus | 540,699 | 0 | 0 | 0 | For |
| Jackson National | 511,465 | 0 | 0 | 0 | For |
| Equitable | 497,850 | 0 | 0 | 0 | For |
| Northwestern Mutual | 437,626 | 0 | 0 | 0 | For |
| Calvert | 409,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.
Combines 5 wordings of this item as funds reported it.
99.8% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Christina Xiaojing Zhu
Yum China Holdings, Inc.’s own tally for this item (“Elect Director: Christina Xiaojing Zhu”): 286,523,549 for, 427,191 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 106 asset managers below reported 68,638,241 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,728,638 | 0 | 0 | 0 | For |
| Dodge & Cox | 8,179,870 | 0 | 0 | 0 | For |
| BlackRock | 6,439,758 | 0 | 0 | 0 | For |
| Fidelity | 6,099,980 | 0 | 0 | 0 | For |
| T. Rowe Price | 4,637,546 | 0 | 0 | 0 | For |
| Principal | 3,886,814 | 0 | 0 | 0 | For |
| MFS | 2,294,746 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 2,288,212 | 0 | 0 | 0 | For |
| Allspring | 2,263,450 | 0 | 0 | 0 | For |
| AllianceBernstein | 1,731,520 | 0 | 0 | 0 | For |
| Thrivent | 1,650,073 | 0 | 0 | 0 | For |
| Dimensional | 1,634,059 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,198,917 | 0 | 0 | 0 | For |
| Invesco | 1,169,679 | 0 | 0 | 0 | For |
| Charles Schwab | 985,981 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 984,809 | 0 | 0 | 0 | For |
| JPMorgan | 879,927 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 746,958 | 0 | 0 | 0 | For |
| TIAA | 733,393 | 0 | 0 | 0 | For |
| American Century | 708,291 | 0 | 0 | 0 | For |
| Virtus | 540,699 | 0 | 0 | 0 | For |
| Jackson National | 511,465 | 0 | 0 | 0 | For |
| Equitable | 497,850 | 0 | 0 | 0 | For |
| Northwestern Mutual | 437,626 | 0 | 0 | 0 | For |
| Calvert | 409,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.
Combines 3 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Fred Hu
Yum China Holdings, Inc.’s own tally for this item (“Elect Director: Fred Hu”): 280,223,783 for, 6,722,246 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 105 asset managers below reported 68,560,545 for, 14,516 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,728,638 | 0 | 0 | 0 | For |
| Dodge & Cox | 8,179,870 | 0 | 0 | 0 | For |
| BlackRock | 6,439,758 | 0 | 0 | 0 | For |
| Fidelity | 6,099,980 | 0 | 0 | 0 | For |
| T. Rowe Price | 4,637,546 | 0 | 0 | 0 | For |
| Principal | 3,886,814 | 0 | 0 | 0 | For |
| MFS | 2,294,746 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 2,288,212 | 0 | 0 | 0 | For |
| Allspring | 2,263,450 | 0 | 0 | 0 | For |
| AllianceBernstein | 1,731,520 | 0 | 0 | 0 | For |
| Thrivent | 1,650,073 | 0 | 0 | 0 | For |
| Dimensional | 1,634,059 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,198,917 | 0 | 0 | 0 | For |
| Invesco | 1,169,679 | 0 | 0 | 0 | For |
| Charles Schwab | 985,981 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 984,809 | 0 | 0 | 0 | For |
| JPMorgan | 879,927 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 746,958 | 0 | 0 | 0 | For |
| TIAA | 733,393 | 0 | 0 | 0 | For |
| American Century | 708,291 | 0 | 0 | 0 | For |
| Virtus | 540,699 | 0 | 0 | 0 | For |
| Jackson National | 511,465 | 0 | 0 | 0 | For |
| Equitable | 497,850 | 0 | 0 | 0 | For |
| Northwestern Mutual | 437,626 | 0 | 0 | 0 | For |
| Calvert | 409,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 105 asset managers. See all 105 in the interactive database.
Combines 5 wordings of this item as funds reported it.
99.2% Majority: yes · of votes cast
Description as filed by funds: Vote to Authorize the Board of Directors to Repurchase Shares up to 10% of Outstanding Shares
Yum China Holdings, Inc.’s own tally for this item (“5. To approve the Board of Directors' continuing authority to approve the repurchases of shares of common stock in an amount not to exceed 10% of the Company's total number of outstanding shares of common stock as of the”): 309,431,761 for, 2,493,841 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 108 asset managers below reported 68,305,091 for, 63,180 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,728,638 | 0 | 0 | 0 | For |
| Dodge & Cox | 8,179,870 | 0 | 0 | 0 | For |
| BlackRock | 6,439,758 | 0 | 0 | 0 | For |
| Fidelity | 6,099,980 | 0 | 0 | 0 | For |
| T. Rowe Price | 4,637,546 | 0 | 0 | 0 | For |
| Principal | 3,886,814 | 0 | 0 | 0 | For |
| MFS | 2,294,746 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 2,288,212 | 0 | 0 | 0 | For |
| Allspring | 2,263,450 | 0 | 0 | 0 | For |
| AllianceBernstein | 1,731,520 | 0 | 0 | 0 | For |
| Thrivent | 1,650,073 | 0 | 0 | 0 | For |
| Dimensional | 1,634,059 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,198,917 | 0 | 0 | 0 | For |
| Invesco | 1,169,679 | 0 | 0 | 0 | For |
| Charles Schwab | 985,981 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 984,809 | 0 | 0 | 0 | For |
| JPMorgan | 879,927 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 746,958 | 0 | 0 | 0 | For |
| TIAA | 733,393 | 0 | 0 | 0 | For |
| American Century | 708,291 | 0 | 0 | 0 | For |
| Virtus | 540,699 | 0 | 0 | 0 | For |
| Jackson National | 511,465 | 0 | 0 | 0 | For |
| Equitable | 497,850 | 0 | 0 | 0 | For |
| Northwestern Mutual | 437,626 | 0 | 0 | 0 | For |
| Calvert | 409,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.
Combines 2 wordings of this item as funds reported it.
99.9% of fund votes cast · no official result
The 104 asset managers below reported 68,301,121 for, 1,500 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,728,638 | 0 | 0 | 0 | For |
| Dodge & Cox | 8,179,870 | 0 | 0 | 0 | For |
| BlackRock | 6,439,758 | 0 | 0 | 0 | For |
| Fidelity | 6,099,980 | 0 | 0 | 0 | For |
| T. Rowe Price | 4,637,546 | 0 | 0 | 0 | For |
| Principal | 3,886,814 | 0 | 0 | 0 | For |
| MFS | 2,294,746 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 2,288,212 | 0 | 0 | 0 | For |
| Allspring | 2,263,450 | 0 | 0 | 0 | For |
| AllianceBernstein | 1,731,520 | 0 | 0 | 0 | For |
| Thrivent | 1,650,073 | 0 | 0 | 0 | For |
| Dimensional | 1,634,059 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,198,917 | 0 | 0 | 0 | For |
| Invesco | 1,169,679 | 0 | 0 | 0 | For |
| Charles Schwab | 985,981 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 984,809 | 0 | 0 | 0 | For |
| JPMorgan | 879,927 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 746,958 | 0 | 0 | 0 | For |
| TIAA | 733,393 | 0 | 0 | 0 | For |
| American Century | 708,291 | 0 | 0 | 0 | For |
| Virtus | 540,699 | 0 | 0 | 0 | For |
| Jackson National | 511,465 | 0 | 0 | 0 | For |
| Equitable | 497,850 | 0 | 0 | 0 | For |
| Northwestern Mutual | 437,626 | 0 | 0 | 0 | For |
| Calvert | 409,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 104 asset managers. See all 104 in the interactive database.
Combines 12 wordings of this item as funds reported it.
92% Majority: yes · of votes cast
Description as filed by funds: Advisory Vote to Approve Executive Compensation
Yum China Holdings, Inc.’s own tally for this item (“3. An advisory vote to approve the Company's named executive officer compensation”): 263,367,213 for, 23,244,411 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 92% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,728,638 | 0 | 0 | 0 | For |
| Dodge & Cox | 8,179,870 | 0 | 0 | 0 | For |
| BlackRock | 6,439,758 | 0 | 0 | 0 | For |
| Fidelity | 6,099,980 | 0 | 0 | 0 | For |
| T. Rowe Price | 4,637,546 | 0 | 0 | 0 | For |
| Principal | 3,886,814 | 0 | 0 | 0 | For |
| MFS | 2,294,746 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 2,288,212 | 0 | 0 | 0 | For |
| Allspring | 2,263,450 | 0 | 0 | 0 | For |
| AllianceBernstein | 1,731,520 | 0 | 0 | 0 | For |
| Thrivent | 1,650,073 | 0 | 0 | 0 | For |
| Dimensional | 1,634,059 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,198,917 | 0 | 0 | 0 | For |
| Invesco | 694,958 | 474,721 | 0 | 0 | Mixed |
| Charles Schwab | 985,981 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 984,809 | 0 | 0 | 0 | For |
| JPMorgan | 879,927 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 746,958 | 0 | 0 | 0 | For |
| TIAA | 733,393 | 0 | 0 | 0 | For |
| American Century | 0 | 708,291 | 0 | 0 | Against |
| Virtus | 540,699 | 0 | 0 | 0 | For |
| Jackson National | 476,962 | 34,503 | 0 | 0 | Mixed |
| Equitable | 497,850 | 0 | 0 | 0 | For |
| Northwestern Mutual | 437,626 | 0 | 0 | 0 | For |
| Calvert | 0 | 409,391 | 0 | 0 | Against |
Fund voting reports, all 101 managers: 66,281,467 for, 2,186,116 against. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| T. Rowe Price | 20,080,229 | 0 | 0 | 0 | For |
| JPMorgan | 18,189,062 | 0 | 0 | 0 | For |
| Fidelity | 14,683,373 | 0 | 0 | 0 | For |
| PRINCIPAL GLOBAL INVESTORS | 13,404,611 | 0 | 0 | 0 | For |
| Primavera Capital Management Ltd | 12,035,635 | 0 | 0 | 0 | For |
| BLS CAPITAL FONDSMAEGLERSELSKAB A/S | 9,978,143 | 0 | 0 | 0 | For |
| Dodge & Cox | 8,513,162 | 0 | 0 | 0 | For |
| GUARDCAP ASSET MANAGEMENT Ltd | 6,838,478 | 0 | 0 | 0 | For |
| RBC Global Asset Management (U.S.) | 6,627,563 | 0 | 0 | 0 | For |
| BlackRock | 6,435,888 | 38,015 | 0 | 0 | For |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 5,251,552 | 0 | 0 | 0 | For |
| Vanguard | 5,220,526 | 0 | 0 | 0 | For |
| AllianceBernstein | 4,649,378 | 0 | 0 | 0 | For |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 4,519,703 | 0 | 0 | 0 | For |
| Loomis Sayles | 4,382,369 | 0 | 0 | 0 | For |
| State Street | 4,011,211 | 294,354 | 0 | 0 | Mixed |
| Invesco | 1,422,945 | 2,663,429 | 0 | 0 | Mixed |
| Mawer Investment Management Ltd. | 2,981,898 | 0 | 0 | 0 | For |
| WASHINGTON STATE INVESTMENT BOARD | 2,833,449 | 0 | 0 | 0 | For |
| Allspring | 2,549,484 | 0 | 0 | 0 | For |
| NEWTON INVESTMENT MANAGEMENT LTD | 2,480,278 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 2,214,716 | 0 | 0 | 0 | For |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 2,070,605 | 8,404 | 0 | 0 | For |
| Wellington | 1,899,083 | 0 | 0 | 0 | For |
| Temasek Holdings (Private) Ltd | 1,880,159 | 0 | 0 | 0 | For |
Institutional-manager reports, all 690 managers: 207,291,100 for, 15,381,508 against, 1,445 abstained, 31,469 not voted, 1,026 unknown. Showing the 25 largest; see all in the interactive database.
Combines 6 wordings of this item as funds reported it.
99.0% Majority: yes · of votes cast
Description as filed by funds: Approval and Ratification of the Appointment of KPMG Huazhen LLP And KPMG as the Company's Independent Auditors for 2025
Yum China Holdings, Inc.’s own tally for this item (“2. The approval and ratification of the appointment of KPMG Huazhen LLP and KPMG as the Company's independent auditors for 2025”): 309,650,625 for, 2,967,329 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.0% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 107 asset managers below reported 68,640,059 for, 360 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,728,638 | 0 | 0 | 0 | For |
| Dodge & Cox | 8,179,870 | 0 | 0 | 0 | For |
| BlackRock | 6,439,758 | 0 | 0 | 0 | For |
| Fidelity | 6,099,980 | 0 | 0 | 0 | For |
| T. Rowe Price | 4,637,546 | 0 | 0 | 0 | For |
| Principal | 3,886,814 | 0 | 0 | 0 | For |
| MFS | 2,294,746 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 2,288,212 | 0 | 0 | 0 | For |
| Allspring | 2,263,450 | 0 | 0 | 0 | For |
| AllianceBernstein | 1,731,520 | 0 | 0 | 0 | For |
| Thrivent | 1,650,073 | 0 | 0 | 0 | For |
| Dimensional | 1,634,059 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,198,917 | 0 | 0 | 0 | For |
| Invesco | 1,169,679 | 0 | 0 | 0 | For |
| Charles Schwab | 985,981 | 0 | 0 | 0 | For |
| DRIEHAUS MUTUAL FUNDS | 984,809 | 0 | 0 | 0 | For |
| JPMorgan | 879,927 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 746,958 | 0 | 0 | 0 | For |
| TIAA | 733,393 | 0 | 0 | 0 | For |
| American Century | 708,291 | 0 | 0 | 0 | For |
| Virtus | 540,699 | 0 | 0 | 0 | For |
| Jackson National | 511,465 | 0 | 0 | 0 | For |
| Equitable | 497,850 | 0 | 0 | 0 | For |
| Northwestern Mutual | 437,626 | 0 | 0 | 0 | For |
| Calvert | 409,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 107 asset managers. See all 107 in the interactive database.
Not shown here: this season’s fund filings also report 1 item from the meeting of May 23, 2024, which belongs to the 2023-2024 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 375,000,000 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 3.13% |
| 2 | Dodge & Cox | 2.18% |
| 3 | BlackRock | 1.72% |
| 4 | Fidelity | 1.63% |
| 5 | T. Rowe Price | 1.24% |
| 6 | Principal | 1.04% |
| 7 | MFS | 0.61% |
| 8 | RBC FUNDS TRUST | 0.61% |
| 9 | Allspring | 0.60% |
| 10 | AllianceBernstein | 0.46% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | T. Rowe Price | 5.35% |
| 2 | JPMorgan | 4.85% |
| 3 | Fidelity | 3.92% |
| 4 | PRINCIPAL GLOBAL INVESTORS | 3.57% |
| 5 | Primavera Capital Management Ltd | 3.21% |
| 6 | BLS CAPITAL FONDSMAEGLERSELSKAB A/S | 2.66% |
| 7 | Dodge & Cox | 2.27% |
| 8 | GUARDCAP ASSET MANAGEMENT Ltd | 1.82% |
| 9 | RBC Global Asset Management (U.S.) | 1.77% |
| 10 | BlackRock | 1.73% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| JPMorgan Chase | 6.40% | 13F |
| PRINCIPAL GLOBAL INVESTORS | 5.38% | 13G |
| BlackRock | 4.50% | 13F |
| Vanguard Group | 4.07% | 13F |
| FMR (Fidelity) | 2.76% | 13F |
| T. Rowe Price | 2.70% | 13F |
| State Street | 1.57% | 13F |
| Norges Bank | 1.52% | 13F |
| Wellington Management | 1.07% | 13F |
| BNY Mellon | 1.02% | 13F |
Percentages above are of 375,000,000 shares outstanding, as reported by Yum China Holdings, Inc. on its Form 10-Q dated March 31, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Yum China Holdings, Inc.’s 10-Q dated March 31, 2025. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.
At Yum China Holdings, Inc.'s shareholder meeting held May 23, 2025, in the 2024-2025 proxy season, 765 asset managers reported how they voted in their SEC Form N-PX filings, covering 5,698 separate fund positions. Their filings are grouped here into 16 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Advisory Vote to Approve Executive Compensation — FOR was 92% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: Yum China Holdings, Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 23, 2025.
Yum China Holdings, Inc. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.
Download data (CSV): ballot items · votes by manager · column guide.