Ranpak Holdings
PACK
28 hedge funds and large institutions have $144M invested in Ranpak Holdings in 2018 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 0 closing their positions.
24% more capital invested
Capital invested by funds: $116M → $144M (+$27.5M)
22% more funds holding
Funds holding: 23 → 28 (+5)
8.06% more ownership
Funds ownership: 39.85% → 47.91% (+8.1%)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$13M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
+$9.83M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$8.85M |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$3.2M |
| 5 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$2.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$10.1M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$3M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.98M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$1.32M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$701K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KC
26
Kepos Capital
New York
| $100K | +$98.3K | +10,000 | New |
|
|
BCM
27
Basso Capital Management
Stamford,
Connecticut
| $40K | -$10.1M | -1,023,940 | -95% |
|
28
UBS Group
Zurich,
Switzerland
| $24K | -$13.8K | -1,400 | -37% |
|
PACK Hedge Fund Activity: Q4 2018 in Review
28 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Ranpak Holdings (PACK) for Q4 2018, worth a combined $144M — up 24% from $116M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PACK positions and 0 closed out — a net gain of 5 holders — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Weiss Asset Management, adding an estimated $13M. The largest seller was Basso Capital Management, cutting an estimated $10.1M.
- 28 institutional investors held Ranpak Holdings (PACK) as of Q4 2018, up from 23 in Q3 2018.
- Funds reported $144M of Ranpak Holdings stock for Q4 2018, up 24% quarter-over-quarter.
- 5 funds opened new Ranpak Holdings positions in Q4 2018 and 0 closed out, a net change of +5 holders.
- The largest Ranpak Holdings buyer in Q4 2018 was Weiss Asset Management, an estimated $13M added.
- The largest Ranpak Holdings seller in Q4 2018 was Basso Capital Management, an estimated $10.1M sold.
Based on aggregated 13F filings for Q4 2018.