Ranpak Holdings
PACK
116 hedge funds and large institutions have $558M invested in Ranpak Holdings in 2024 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 40 increasing their positions, 43 reducing their positions, and 16 closing their positions.
246% more call options, than puts
Call options by funds: $450K | Put options by funds: $130K
34% more capital invested
Capital invested by funds: $416M → $558M (+$142M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
0% more funds holding
Funds holding: 116 → 116 (0)
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
0.86% less ownership
Funds ownership: 89.9% → 89.04% (-0.86%)
7% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$4.12M |
| 2 |
Millennium Management
New York
|
+$3.34M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$2.79M |
| 4 |
RC
Roubaix Capital
Denver,
Colorado
|
+$2.46M |
| 5 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$1.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$7.59M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$3.66M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$3.28M |
| 4 |
Morgan Stanley
New York
|
-$2.63M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$2.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$72.2K | -12,410 | Closed |
|
127
Simplex Trading
Chicago,
Illinois
| – | -$61.1K | -11,619 | Closed |
|
|
GIP
128
Granite Investment Partners
El Segundo,
California
| – | -$59.9K | -10,294 | Closed |
|
|
GWS
129
Glassman Wealth Services
Vienna,
Virginia
| – | -$343 | -59 | Closed |
|
|
FFA
130
Farther Finance Advisors
San Francisco,
California
| – | -$239 | -41 | Closed |
|
PACK Hedge Fund Activity: Q1 2024 in Review
116 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Ranpak Holdings (PACK) for Q1 2024, worth a combined $558M — up 34% from $416M a quarter earlier.
Fund positioning in PACK was balanced in Q1 2024: 16 funds opened new positions, 16 closed out, 40 added to existing stakes and 43 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $4.12M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $7.59M.
- 116 institutional investors held Ranpak Holdings (PACK) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $558M of Ranpak Holdings stock for Q1 2024, up 34% quarter-over-quarter.
- 16 funds opened new Ranpak Holdings positions in Q1 2024 and 16 closed out, a net change of 0 holders.
- The largest Ranpak Holdings buyer in Q1 2024 was Driehaus Capital Management, an estimated $4.12M added.
- The largest Ranpak Holdings seller in Q1 2024 was Thrivent Financial for Lutherans, an estimated $7.59M sold.
Based on aggregated 13F filings for Q1 2024.