Packaging Corp of America
573 hedge funds and large institutions have $8.01B invested in Packaging Corp of America in 2019 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 198 increasing their positions, 219 reducing their positions, and 60 closing their positions.
134% more call options, than puts
Call options by funds: $72M | Put options by funds: $30.7M
0% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 60
0.38% less ownership
Funds ownership: 89.9% → 89.52% (-0.38%)
5% less capital invested
Capital invested by funds: $8.41B → $8.01B (-$397M)
10% less repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 219
2% less funds holding
Funds holding: 582 → 573 (-9)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$208M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$173M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$49.4M |
| 4 |
Millennium Management
New York
|
+$48.7M |
| 5 |
Goldman Sachs
New York
|
+$46.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$60.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$56.2M |
| 3 |
Bank of New York Mellon
New York
|
-$50M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$37.3M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NSIM
626
North Star Investment Management
Chicago,
Illinois
| – | -$4K | -38 | Closed |
|
|
LWA
627
Lenox Wealth Advisors
New York
| – | -$4K | -37 | Closed |
|
|
RTC
628
Riverview Trust Company
Vancouver,
Washington
| – | -$2K | -24 | Closed |
|
|
VFA
629
Valeo Financial Advisors
Carmel,
Indiana
| – | -$2K | -20 | Closed |
|
|
AA
630
Advisory Alpha
Holland,
Michigan
| – | -$1.18K | -12 | Closed |
|
631
Fidelity International
Hamilton,
Bermuda
| – | -$193 | -2 | -50% |
|
|
SCA
632
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | +$290 | +3 | New |
|
|
OC
633
Oakworth Capital
Birmingham,
Alabama
| – | +$676 | +7 | New |
|
PKG Hedge Fund Activity: Q2 2019 in Review
573 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q2 2019, worth a combined $8.01B — down 4.7% from $8.41B a quarter earlier.
Fund positioning in PKG was balanced in Q2 2019: 60 funds opened new positions, 60 closed out, 198 added to existing stakes and 219 trimmed.
The largest buyer was Nuveen, adding an estimated $208M. The largest seller was AJO LP, exiting entirely with an estimated $60.5M sold.
- 573 institutional investors held Packaging Corp of America (PKG) as of Q2 2019, down from 582 in Q1 2019.
- Funds reported $8.01B of Packaging Corp of America stock for Q2 2019, down 4.7% quarter-over-quarter.
- 60 funds opened new Packaging Corp of America positions in Q2 2019 and 60 closed out, a net change of 0 holders.
- The largest Packaging Corp of America buyer in Q2 2019 was Nuveen, an estimated $208M added.
- The largest Packaging Corp of America seller in Q2 2019 was AJO LP, an estimated $60.5M sold.
Based on aggregated 13F filings for Q2 2019.