Packaging Corp of America
642 hedge funds and large institutions have $12.4B invested in Packaging Corp of America in 2023 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 235 increasing their positions, 230 reducing their positions, and 63 closing their positions.
222% more call options, than puts
Call options by funds: $106M | Put options by funds: $33M
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
14% more capital invested
Capital invested by funds: $10.9B → $12.4B (+$1.54B)
2% more repeat investments, than reductions
Existing positions increased: 235 | Existing positions reduced: 230
5% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 63
1% less funds holding
Funds holding: 651 → 642 (-9)
1.69% less ownership
Funds ownership: 91.78% → 90.09% (-1.7%)
Top Buyers
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$118M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$23.2M |
| 3 |
National Pension Service
Jeonju-Si, Jeollabuk-Do,
South Korea
|
+$21M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$19.1M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$13.9M |
Top Sellers
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$84M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$79.1M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$57M |
| 4 |
State Street
Boston,
Massachusetts
|
-$37.1M |
| 5 |
JP Morgan Chase
New York
|
-$30.7M |
PKG Hedge Fund Activity: Q3 2023 in Review
642 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q3 2023, worth a combined $12.4B — up 14% from $10.9B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of PKG and 60 opened new positions — a net loss of 3 holders — while 230 trimmed existing stakes and 235 added.
The largest buyer was Boston Partners, opening a new position worth an estimated $118M. The largest seller was Bank of America, cutting an estimated $84M.
- 642 institutional investors held Packaging Corp of America (PKG) as of Q3 2023, down from 651 in Q2 2023.
- Funds reported $12.4B of Packaging Corp of America stock for Q3 2023, up 14% quarter-over-quarter.
- 60 funds opened new Packaging Corp of America positions in Q3 2023 and 63 closed out, a net change of -3 holders.
- The largest Packaging Corp of America buyer in Q3 2023 was Boston Partners, an estimated $118M added.
- The largest Packaging Corp of America seller in Q3 2023 was Bank of America, an estimated $84M sold.
Based on aggregated 13F filings for Q3 2023.