Packaging Corp of America
771 hedge funds and large institutions have $14.7B invested in Packaging Corp of America in 2024 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 294 increasing their positions, 275 reducing their positions, and 65 closing their positions.
258% more call options, than puts
Call options by funds: $58.4M | Put options by funds: $16.3M
11% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 65
7% more repeat investments, than reductions
Existing positions increased: 294 | Existing positions reduced: 275
0.33% more ownership
Funds ownership: 89.32% → 89.65% (+0.33%)
1% less funds holding
Funds holding: 776 → 771 (-5)
3% less capital invested
Capital invested by funds: $15.2B → $14.7B (-$489M)
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$139M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$86.5M |
| 3 |
Goldman Sachs
New York
|
+$55.8M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$48.2M |
| 5 |
Millennium Management
New York
|
+$46.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$157M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$63.7M |
| 3 |
AF
Atlas FRM
Greenwich,
Connecticut
|
-$51.8M |
| 4 |
BlackRock
New York
|
-$35.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$26.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIM
826
Fernwood Investment Management
Quincy,
Massachusetts
| – | -$108K | -570 | Closed |
|
|
T
827
TOBAM
Paris,
France
| – | -$67K | -354 | Closed |
|
|
NSIM
828
North Star Investment Management
Chicago,
Illinois
| – | -$16.5K | -87 | Closed |
|
|
DJSG
829
D.J. St. Germain
Springfield,
Massachusetts
| – | -$12.9K | -68 | Closed |
|
|
WIA
830
Wetzel Investment Advisors
Indianapolis,
Indiana
| – | -$11.8K | -66 | Closed |
|
|
CA
831
Centerpoint Advisors
Needham,
Massachusetts
| – | -$7K | -38 | Closed |
|
|
CA
832
CoreCap Advisors
Southfield,
Michigan
| – | -$6.83K | -36 | Closed |
|
|
WCM
833
Westend Capital Management
Sausalito,
California
| – | -$5.5K | -29 | Closed |
|
834
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$3.23K | -17 | Closed |
|
|
GI
835
Gradient Investments
Arden Hills,
Minnesota
| – | -$1.14K | -6 | Closed |
|
|
CAL
836
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | -$1K | -4 | Closed |
|
|
FGAM
837
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$303 | -1 | Closed |
|
|
TFM
838
TFC Financial Management
Boston,
Massachusetts
| – | -$190 | -1 | Closed |
|
PKG Hedge Fund Activity: Q2 2024 in Review
771 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q2 2024, worth a combined $14.7B — down 3.2% from $15.2B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new PKG positions and 65 closed out — a net gain of 7 holders — while 294 added to existing stakes and 275 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $139M. The largest seller was Balyasny Asset Management, cutting an estimated $157M.
- 771 institutional investors held Packaging Corp of America (PKG) as of Q2 2024, down from 776 in Q1 2024.
- Funds reported $14.7B of Packaging Corp of America stock for Q2 2024, down 3.2% quarter-over-quarter.
- 72 funds opened new Packaging Corp of America positions in Q2 2024 and 65 closed out, a net change of +7 holders.
- The largest Packaging Corp of America buyer in Q2 2024 was First Trust Advisors, an estimated $139M added.
- The largest Packaging Corp of America seller in Q2 2024 was Balyasny Asset Management, an estimated $157M sold.
Based on aggregated 13F filings for Q2 2024.