Packaging Corp of America
422 hedge funds and large institutions have $5.55B invested in Packaging Corp of America in 2016 Q2 according to their latest regulatory filings, with 78 funds opening new positions, 159 increasing their positions, 130 reducing their positions, and 25 closing their positions.
212% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 25
32% more call options, than puts
Call options by funds: $64M | Put options by funds: $48.4M
22% more repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 130
14% more funds holding
Funds holding: 371 → 422 (+51)
10% more capital invested
Capital invested by funds: $5.06B → $5.55B (+$481M)
1.75% less ownership
Funds ownership: 89.77% → 88.02% (-1.7%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$172M |
| 2 |
Bank of New York Mellon
New York
|
+$42.3M |
| 3 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$36.7M |
| 4 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$28.1M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$23.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$187M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$60.7M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$45.2M |
| 4 |
Neuberger Berman Group
New York
|
-$41.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$41.3M |
PKG Hedge Fund Activity: Q2 2016 in Review
422 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q2 2016, worth a combined $5.55B — up 9.5% from $5.06B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new PKG positions and 25 closed out — a net gain of 53 holders — while 159 added to existing stakes and 130 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $172M. The largest seller was Iridian Asset Management, cutting an estimated $187M.
- 422 institutional investors held Packaging Corp of America (PKG) as of Q2 2016, up from 371 in Q1 2016.
- Funds reported $5.55B of Packaging Corp of America stock for Q2 2016, up 9.5% quarter-over-quarter.
- 78 funds opened new Packaging Corp of America positions in Q2 2016 and 25 closed out, a net change of +53 holders.
- The largest Packaging Corp of America buyer in Q2 2016 was LSV Asset Management, an estimated $172M added.
- The largest Packaging Corp of America seller in Q2 2016 was Iridian Asset Management, an estimated $187M sold.
Based on aggregated 13F filings for Q2 2016.