Packaging Corp of America
527 hedge funds and large institutions have $7.59B invested in Packaging Corp of America in 2020 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 172 increasing their positions, 207 reducing their positions, and 110 closing their positions.
111% more call options, than puts
Call options by funds: $20M | Put options by funds: $9.5M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
2.08% less ownership
Funds ownership: 94.09% → 92.01% (-2.1%)
10% less funds holding
Funds holding: 584 → 527 (-57)
17% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 207
24% less capital invested
Capital invested by funds: $9.97B → $7.59B (-$2.37B)
45% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 110
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$184M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$165M |
| 3 |
JP Morgan Chase
New York
|
+$96.6M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$48.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$36.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$165M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$165M |
| 3 |
BlackRock
New York
|
-$83.9M |
| 4 |
MIHAS
Maj Invest Holding A/S
Copenhagen K,
Denmark
|
-$55.1M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$36.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GDP
626
Great Diamond Partners
Portland,
Maine
| – | -$5K | -48 | Closed |
|
|
CBT
627
Capital Bank & Trust
Irvine,
California
| – | -$3K | -31 | Closed |
|
628
Boston Partners
Boston,
Massachusetts
| – | -$3K | -30 | Closed |
|
|
LWM
629
Lenox Wealth Management
Cincinnati,
Ohio
| – | -$3K | -23 | Closed |
|
|
SQA
630
Simon Quick Advisors
Morristown,
New Jersey
| – | -$2K | -20 | Closed |
|
|
HWM
631
Howard Wealth Management
Madison,
Connecticut
| – | -$1K | -14 | Closed |
|
632
Fidelity International
Hamilton,
Bermuda
| – | -$1K | -7 | Closed |
|
|
FPFS
633
First Personal Financial Services
Charlotte,
North Carolina
| – | -$1K | -6 | Closed |
|
|
PWP
634
Personal Wealth Partners
Bloomington,
Minnesota
| – | -$1K | -5 | Closed |
|
PKG Hedge Fund Activity: Q1 2020 in Review
527 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q1 2020, worth a combined $7.59B — down 24% from $9.97B a quarter earlier.
Sellers outnumbered buyers: 110 funds closed out of PKG and 60 opened new positions — a net loss of 50 holders — while 207 trimmed existing stakes and 172 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $184M. The largest seller was Wellington Management Group, cutting an estimated $165M.
- 527 institutional investors held Packaging Corp of America (PKG) as of Q1 2020, down from 584 in Q4 2019.
- Funds reported $7.59B of Packaging Corp of America stock for Q1 2020, down 24% quarter-over-quarter.
- 60 funds opened new Packaging Corp of America positions in Q1 2020 and 110 closed out, a net change of -50 holders.
- The largest Packaging Corp of America buyer in Q1 2020 was T. Rowe Price Associates, an estimated $184M added.
- The largest Packaging Corp of America seller in Q1 2020 was Wellington Management Group, an estimated $165M sold.
Based on aggregated 13F filings for Q1 2020.