Packaging Corp of America
776 hedge funds and large institutions have $15.2B invested in Packaging Corp of America in 2024 Q1 according to their latest regulatory filings, with 99 funds opening new positions, 269 increasing their positions, 290 reducing their positions, and 56 closing their positions.
186% more call options, than puts
Call options by funds: $88.3M | Put options by funds: $30.9M
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
77% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 56
14% more capital invested
Capital invested by funds: $13.3B → $15.2B (+$1.86B)
5% more funds holding
Funds holding: 741 → 776 (+35)
7% less repeat investments, than reductions
Existing positions increased: 269 | Existing positions reduced: 290
1.87% less ownership
Funds ownership: 91.18% → 89.32% (-1.9%)
Top Buyers
| 1 |
Charles Schwab
San Francisco,
California
|
+$110M |
| 2 |
Millennium Management
New York
|
+$92.3M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$82.8M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$74.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$60.9M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$247M |
| 2 |
BlackRock
New York
|
-$144M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$141M |
| 4 |
State Street
Boston,
Massachusetts
|
-$117M |
| 5 |
Goldman Sachs
New York
|
-$65.4M |
PKG Hedge Fund Activity: Q1 2024 in Review
776 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q1 2024, worth a combined $15.2B — up 14% from $13.3B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new PKG positions and 56 closed out — a net gain of 43 holders — while 269 added to existing stakes and 290 trimmed.
The largest buyer was Charles Schwab, adding an estimated $110M. The largest seller was Morgan Stanley, cutting an estimated $247M.
- 776 institutional investors held Packaging Corp of America (PKG) as of Q1 2024, up from 741 in Q4 2023.
- Funds reported $15.2B of Packaging Corp of America stock for Q1 2024, up 14% quarter-over-quarter.
- 99 funds opened new Packaging Corp of America positions in Q1 2024 and 56 closed out, a net change of +43 holders.
- The largest Packaging Corp of America buyer in Q1 2024 was Charles Schwab, an estimated $110M added.
- The largest Packaging Corp of America seller in Q1 2024 was Morgan Stanley, an estimated $247M sold.
Based on aggregated 13F filings for Q1 2024.