Packaging Corp of America
326 hedge funds and large institutions have $5.1B invested in Packaging Corp of America in 2013 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 141 increasing their positions, 101 reducing their positions, and 28 closing their positions.
96% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 28
57% more call options, than puts
Call options by funds: $64.1M | Put options by funds: $40.9M
40% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 101
17% more capital invested
Capital invested by funds: $4.35B → $5.1B (+$746M)
8% more funds holding
Funds holding: 302 → 326 (+24)
0.5% more ownership
Funds ownership: 90.64% → 91.14% (+0.5%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$38.4M |
| 2 |
JP Morgan Chase
New York
|
+$29.8M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$26.7M |
| 4 |
Goldman Sachs
New York
|
+$26.4M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$24.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$61.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$54.9M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$54.6M |
| 4 |
First Eagle Investment Management
New York
|
-$35.6M |
| 5 |
KeyBank National Association
Cleveland,
Ohio
|
-$29.1M |
PKG Hedge Fund Activity: Q3 2013 in Review
326 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q3 2013, worth a combined $5.1B — up 17% from $4.35B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new PKG positions and 28 closed out — a net gain of 27 holders — while 141 added to existing stakes and 101 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $38.4M. The largest seller was BlackRock Advisors, cutting an estimated $61.7M.
- 326 institutional investors held Packaging Corp of America (PKG) as of Q3 2013, up from 302 in Q2 2013.
- Funds reported $5.1B of Packaging Corp of America stock for Q3 2013, up 17% quarter-over-quarter.
- 55 funds opened new Packaging Corp of America positions in Q3 2013 and 28 closed out, a net change of +27 holders.
- The largest Packaging Corp of America buyer in Q3 2013 was Principal Financial Group, an estimated $38.4M added.
- The largest Packaging Corp of America seller in Q3 2013 was BlackRock Advisors, an estimated $61.7M sold.
Based on aggregated 13F filings for Q3 2013.