Richard Driehaus Likes Yum! Brands, General Motors and BofA
Driehaus Capital, managed by Richard Driehaus, has recently reported changes to its equity portfolio, via its Q3 13F form. The largest equity position reported to the SEC is in New Oriental Education & Tech Grp (ADR)(NYSE:EDU), with the fund owning 1.7 million shares valued at $44 million. Driehaus is also betting big on Yum! Brands, Inc.(NYSE:YUM), with the position having a reported value of approximately $32 million.
The fund is also confident in the performance of auto stocks, owning 868K shares of General Motors Company (NYSE:GM) with a reported value of $31 million. The top 5 equity holdings of Driehaus is closed by Bank of America Corp( NYSE:BAC), with an investment valued at 27.8 million, and Fomento Economico Mexicano SAB (ADR)(NYSE:FMX), with 240K shares reportedly worth 23 million.