Ranpak Holdings
PACK
39 hedge funds and large institutions have $361M invested in Ranpak Holdings in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 6 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
3% more funds holding
Funds holding: 38 → 39 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.41% less ownership
Funds ownership: 90.2% → 89.8% (-0.41%)
23% less capital invested
Capital invested by funds: $471M → $361M (-$110M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.79M |
| 2 |
Millennium Management
New York
|
+$1.61M |
| 3 |
Goldman Sachs
New York
|
+$1.36M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.11M |
| 5 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$4.29M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$3.47M |
| 3 |
IM
Islet Management
New York
|
-$1.63M |
| 4 |
UM
Ulysses Management
New York
|
-$930K |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$365K |
PACK Hedge Fund Activity: Q1 2020 in Review
39 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Ranpak Holdings (PACK) for Q1 2020, worth a combined $361M — down 23% from $471M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PACK positions and 6 closed out — a net gain of 1 holder — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Bank of America, adding an estimated $2.79M. The largest seller was Blackstone Inc, cutting an estimated $4.29M.
- 39 institutional investors held Ranpak Holdings (PACK) as of Q1 2020, up from 38 in Q4 2019.
- Funds reported $361M of Ranpak Holdings stock for Q1 2020, down 23% quarter-over-quarter.
- 7 funds opened new Ranpak Holdings positions in Q1 2020 and 6 closed out, a net change of +1 holder.
- The largest Ranpak Holdings buyer in Q1 2020 was Bank of America, an estimated $2.79M added.
- The largest Ranpak Holdings seller in Q1 2020 was Blackstone Inc, an estimated $4.29M sold.
Based on aggregated 13F filings for Q1 2020.