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Packaging Corp of America

651 hedge funds and large institutions have $10.9B invested in Packaging Corp of America in 2023 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 213 increasing their positions, 259 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more call options, than puts

Call options by funds: $25.1M | Put options by funds: $18.7M

0.61% less ownership

Funds ownership: 92.39%91.78% (-0.61%)

1% less funds holding

Funds holding: 656651 (-5)

6% less first-time investments, than exits

New positions opened: 63 | Existing positions closed: 67

5% less capital invested

Capital invested by funds: $11.5B → $10.9B (-$589M)

18% less repeat investments, than reductions

Existing positions increased: 213 | Existing positions reduced: 259

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
651
Holders Change
-5
Holders Change %
-0.76%
% of All Funds
10.22%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
63
Increased
213
Reduced
259
Closed
67
Calls
$25.1M
Puts
$18.7M
Net Calls
+$6.33M
Net Calls Change
-$12M
Name Holding Trade Value Shares
Change
Change in
Stake
DZ Bank
301
DZ Bank
Germany
$991K
SAM
302
Securian Asset Management
Minnesota
$963K -$42.4K -317 -4%
AAS
303
Avantax Advisory Services
Texas
$959K +$29.1K +218 +3%
KRS
304
Kentucky Retirement Systems
Kentucky
$956K -$11.4K -85 -1%
ATC
305
Argent Trust Co
Tennessee
$939K +$59.5K +445 +7%
Daiwa Securities Group
306
Daiwa Securities Group
Japan
$933K +$18.2K +136 +2%
AAM
307
Advisors Asset Management
Colorado
$930K -$161K -1,203 -15%
Verition Fund Management
308
Verition Fund Management
Connecticut
$921K -$2.59M -19,359 -74%
Teacher Retirement System of Texas
309
Teacher Retirement System of Texas
Texas
$898K -$549K -4,109 -38%
PAG
310
Private Advisor Group
New Jersey
$896K -$48K -359 -5%
RIM
311
RW Investment Management
Idaho
$895K -$6.41K -48 -0.7%
MSRPS
312
Maryland State Retirement & Pension System
Maryland
$892K -$54.5K -408 -6%
CSPIA
313
Cary Street Partners Investment Advisory
Virginia
$883K +$46.1K +345 +5%
DEA
314
DoubleLine ETF Adviser
Florida
$875K +$885K +6,621 New
1IA
315
1834 Investment Advisors
Wisconsin
$861K -$112K -842 -11%
IGAM
316
iA Global Asset Management
Quebec, Canada
$856K +$866K +6,479 New
HIMCH
317
Hartford Investment Management Co (HIMCO)
Connecticut
$837K -$199K -1,486 -19%
RT
318
Rockland Trust
Massachusetts
$830K +$32.5K +243 +4%
AWM
319
Adams Wealth Management
Utah
$829K +$28.7K +215 +4%
Holocene Advisors
320
Holocene Advisors
New York
$798K -$2.41M -18,005 -75%
Rafferty Asset Management
321
Rafferty Asset Management
New York
$796K +$57.7K +432 +8%
LA
322
LBP AM
France
$794K +$803K +6,010 New
BCM
323
Brookstone Capital Management
Illinois
$753K +$30.9K +231 +4%
Pacer Advisors
324
Pacer Advisors
Pennsylvania
$751K -$657K -4,915 -46%
TWD
325
True Wealth Design
Ohio
$748K -$4.81K -36 -0.6%

PKG Hedge Fund Activity: Q2 2023 in Review

651 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q2 2023, worth a combined $10.9B — down 5.1% from $11.5B a quarter earlier.

Sellers outnumbered buyers: 67 funds closed out of PKG and 63 opened new positions — a net loss of 4 holders — while 259 trimmed existing stakes and 213 added.

The largest buyer was Adage Capital Partners, adding an estimated $68.3M. The largest seller was Bank of America, cutting an estimated $94.3M.

  • 651 institutional investors held Packaging Corp of America (PKG) as of Q2 2023, down from 656 in Q1 2023.
  • Funds reported $10.9B of Packaging Corp of America stock for Q2 2023, down 5.1% quarter-over-quarter.
  • 63 funds opened new Packaging Corp of America positions in Q2 2023 and 67 closed out, a net change of -4 holders.
  • The largest Packaging Corp of America buyer in Q2 2023 was Adage Capital Partners, an estimated $68.3M added.
  • The largest Packaging Corp of America seller in Q2 2023 was Bank of America, an estimated $94.3M sold.

Based on aggregated 13F filings for Q2 2023.