Matthew Hulsizer’s Top Long Positions: Apple Inc. (AAPL), Yum! Brands, Inc. (YUM), American Airlines Group Inc (AAL)

Yum! Brands, Inc. (NYSE:YUM) is another large equity position of Peak6 Capital Management, which contains 525,231 shares valued at $47.31 million. The investment manager has boosted its stake in the fast-food restaurant chain operator by 75% during the second quarter. Yum! Brands, Inc. (NYSE:YUM) has had a fair run in 2015 with its stock rising by 10.1% year-to-date, and managed to recover from the fall on the back of the meat safety scandal in China exposed in 2014. The fast-food chain was able to surpass the Wall Street’s earnings expectations for the second quarter with EPS of $0.69 on revenue of $3.11 billion, versus estimates of $0.63 and $3.19 billion, respectively. Earlier this year, Yum! Brands, Inc. (NYSE:YUM) attracted the attention of activist investor Keith Meister of Corvex Capital, who held a $1.5 billion stake in in May. Meister earlier advocated a spinoff of Yum! Brands’ Chinese business saying that this move could help the company unlock 50% to 90% of upside stock potential. Columbus Circle Investors, led by Donald Chiboucis, is among the largest shareholders of the company that have already filed 13F for the second quarter of 2015. Its position in Yum! Brands, Inc. (NYSE:YUM) involved 1.10 million shares valued at $99.86 million.

Peak6 Capital Management more than doubled its stake in American Airlines Group Inc (NASDAQ:AAL) to 1.10 million shares worth $43.85 million. However, Peak6 Capital also holds ‘Put’ options underlying 1.73 million shares of the airline company as of the end of June. American Airlines Group Inc (NASDAQ:AAL) has reported a record Available Seat Mile (ASM) and Revenue Passenger Mile (RPM) figures for July 2015 of 24.90 billion and 21.80 billion, respectively. In addition, American Airlines Group Inc (NASDAQ:AAL) reported better-than-expected second quarter results with EPS of $1.27 over revenues of $10.71 billion, above estimated EPS of $1.23 and revenue of $10.63 billion. Andy Redleaf’s Whitebox Advisors is among the investment firms in our database with positions in the airliner worth $18.11 million against 453,545 shares at the end of the second quarter.

Disclosure: None