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Packaging Corp of America

326 hedge funds and large institutions have $5.1B invested in Packaging Corp of America in 2013 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 141 increasing their positions, 101 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 28

57% more call options, than puts

Call options by funds: $64.1M | Put options by funds: $40.9M

40% more repeat investments, than reductions

Existing positions increased: 141 | Existing positions reduced: 101

17% more capital invested

Capital invested by funds: $4.35B → $5.1B (+$746M)

8% more funds holding

Funds holding: 302326 (+24)

0.5% more ownership

Funds ownership: 90.64%91.14% (+0.5%)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

Holders
326
Holders Change
+24
Holders Change %
+7.95%
% of All Funds
10.57%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.19%
New
55
Increased
141
Reduced
101
Closed
28
Calls
$64.1M
Puts
$40.9M
Net Calls
+$23.3M
Net Calls Change
-$12.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$360M +$16.3M +301,268 +5%
Neuberger Berman Group
2
Neuberger Berman Group
New York
$304M -$19.1M -352,190 -6%
Ameriprise
3
Ameriprise
Minnesota
$271M +$8.1M +149,696 +3%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$215M -$54.9M -1,014,302 -21%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$195M +$4.52M +83,500 +3%
BIT
6
BlackRock Institutional Trust
California
$183M -$2.59M -47,906 -1%
BFA
7
BlackRock Fund Advisors
California
$182M +$3.61M +66,665 +2%
AL
8
AJO LP
Pennsylvania
$155M +$12.5M +230,900 +9%
State Street
9
State Street
Massachusetts
$149M -$5.27M -97,260 -4%
Bank of America
10
Bank of America
North Carolina
$143M +$12.8M +236,687 +10%
Goldman Sachs
11
Goldman Sachs
New York
$138M +$26.4M +488,541 +25%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$135M +$18.3M +338,506 +17%
BA
13
BlackRock Advisors
Delaware
$101M -$61.7M -1,139,825 -39%
American Century Companies
14
American Century Companies
Missouri
$98M +$15.5M +286,669 +20%
Bank of Montreal
15
Bank of Montreal
Ontario, Canada
$84.8M -$23.8M -440,481 -23%
Massachusetts Financial Services
16
Massachusetts Financial Services
Massachusetts
$78M +$26.7M +493,984 +57%
TCIM
17
TIAA CREF Investment Management
New York
$72.5M -$7.84M -144,770 -10%
BIM
18
BlackRock Investment Management
Delaware
$70.4M -$1.34M -24,690 -2%
Westfield Capital Management
19
Westfield Capital Management
Massachusetts
$68.3M +$9.74M +179,825 +18%
VNIM
20
Vaughan Nelson Investment Management
Texas
$66.4M -$20.9M -385,325 -25%
VOYA Investment Management
21
VOYA Investment Management
Georgia
$66.3M -$1.25M -23,134 -2%
SBAM
22
Santa Barbara Asset Management
California
$63M +$22.1M +409,073 +59%
Wells Fargo
23
Wells Fargo
California
$59.9M +$24.6M +453,874 +76%
Principal Financial Group
24
Principal Financial Group
Iowa
$57.4M +$38.4M +708,532 +238%
O
25
OppenheimerFunds
New York
$56.8M -$28.8M -532,688 -35%

PKG Hedge Fund Activity: Q3 2013 in Review

326 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q3 2013, worth a combined $5.1B — up 17% from $4.35B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new PKG positions and 28 closed out — a net gain of 27 holders — while 141 added to existing stakes and 101 trimmed.

The largest buyer was Principal Financial Group, adding an estimated $38.4M. The largest seller was BlackRock Advisors, cutting an estimated $61.7M.

  • 326 institutional investors held Packaging Corp of America (PKG) as of Q3 2013, up from 302 in Q2 2013.
  • Funds reported $5.1B of Packaging Corp of America stock for Q3 2013, up 17% quarter-over-quarter.
  • 55 funds opened new Packaging Corp of America positions in Q3 2013 and 28 closed out, a net change of +27 holders.
  • The largest Packaging Corp of America buyer in Q3 2013 was Principal Financial Group, an estimated $38.4M added.
  • The largest Packaging Corp of America seller in Q3 2013 was BlackRock Advisors, an estimated $61.7M sold.

Based on aggregated 13F filings for Q3 2013.