Packaging Corp of America
365 hedge funds and large institutions have $6.78B invested in Packaging Corp of America in 2015 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 150 increasing their positions, 117 reducing their positions, and 49 closing their positions.
169% more call options, than puts
Call options by funds: $51.3M | Put options by funds: $19.1M
28% more repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 117
16% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 49
1% more funds holding
Funds holding: 360 → 365 (+5)
0% less capital invested
Capital invested by funds: $6.79B → $6.78B (-$6.5M)
0.19% less ownership
Funds ownership: 88.39% → 88.2% (-0.19%)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$68.5M |
| 2 |
Jennison Associates
New York
|
+$57.1M |
| 3 |
First Eagle Investment Management
New York
|
+$55.6M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$32.1M |
| 5 |
GCM
Glenview Capital Management
New York
|
+$30.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$77.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$60.4M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$44M |
| 4 |
Neuberger Berman Group
New York
|
-$44M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$37.5M |
PKG Hedge Fund Activity: Q1 2015 in Review
365 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q1 2015, worth a combined $6.78B — down 0.1% from $6.79B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new PKG positions and 49 closed out — a net gain of 8 holders — while 150 added to existing stakes and 117 trimmed.
The largest buyer was Perkins Investment Management, opening a new position worth an estimated $68.5M. The largest seller was Egerton Capital (UK), exiting entirely with an estimated $77.9M sold.
- 365 institutional investors held Packaging Corp of America (PKG) as of Q1 2015, up from 360 in Q4 2014.
- Funds reported $6.78B of Packaging Corp of America stock for Q1 2015, down 0.1% quarter-over-quarter.
- 57 funds opened new Packaging Corp of America positions in Q1 2015 and 49 closed out, a net change of +8 holders.
- The largest Packaging Corp of America buyer in Q1 2015 was Perkins Investment Management, an estimated $68.5M added.
- The largest Packaging Corp of America seller in Q1 2015 was Egerton Capital (UK), an estimated $77.9M sold.
Based on aggregated 13F filings for Q1 2015.