Packaging Corp of America
656 hedge funds and large institutions have $11.5B invested in Packaging Corp of America in 2023 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 249 increasing their positions, 222 reducing their positions, and 58 closing their positions.
87% more call options, than puts
Call options by funds: $39.4M | Put options by funds: $21.1M
12% more repeat investments, than reductions
Existing positions increased: 249 | Existing positions reduced: 222
12% more capital invested
Capital invested by funds: $10.3B → $11.5B (+$1.23B)
4.55% more ownership
Funds ownership: 87.84% → 92.39% (+4.6%)
9% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 58
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1% less funds holding
Funds holding: 660 → 656 (-4)
Top Buyers
| 1 |
Charles Schwab
San Francisco,
California
|
+$184M |
| 2 |
State Street
Boston,
Massachusetts
|
+$90.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$88.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$78.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$60.2M |
Top Sellers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$117M |
| 2 |
Morgan Stanley
New York
|
-$54.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$31.8M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$27.1M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$20.9M |
PKG Hedge Fund Activity: Q1 2023 in Review
656 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q1 2023, worth a combined $11.5B — up 12% from $10.3B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new PKG positions and 58 closed out — a net gain of 5 holders — while 249 added to existing stakes and 222 trimmed.
The largest buyer was Charles Schwab, adding an estimated $184M. The largest seller was T. Rowe Price Associates, cutting an estimated $117M.
- 656 institutional investors held Packaging Corp of America (PKG) as of Q1 2023, down from 660 in Q4 2022.
- Funds reported $11.5B of Packaging Corp of America stock for Q1 2023, up 12% quarter-over-quarter.
- 63 funds opened new Packaging Corp of America positions in Q1 2023 and 58 closed out, a net change of +5 holders.
- The largest Packaging Corp of America buyer in Q1 2023 was Charles Schwab, an estimated $184M added.
- The largest Packaging Corp of America seller in Q1 2023 was T. Rowe Price Associates, an estimated $117M sold.
Based on aggregated 13F filings for Q1 2023.