Packaging Corp of America
349 hedge funds and large institutions have $5.67B invested in Packaging Corp of America in 2013 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 128 increasing their positions, 126 reducing their positions, and 34 closing their positions.
68% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 34
10% more capital invested
Capital invested by funds: $5.16B → $5.67B (+$510M)
7% more funds holding
Funds holding: 326 → 349 (+23)
2% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 126
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.74% less ownership
Funds ownership: 92.05% → 91.3% (-0.74%)
23% less call options, than puts
Call options by funds: $32.3M | Put options by funds: $41.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$30.8M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$27.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.8M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$19.7M |
| 5 |
Goldman Sachs
New York
|
+$19.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$60.2M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$44.5M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$42.1M |
| 4 |
First Eagle Investment Management
New York
|
-$41.6M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$40.1M |
PKG Hedge Fund Activity: Q4 2013 in Review
349 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q4 2013, worth a combined $5.67B — up 9.9% from $5.16B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new PKG positions and 34 closed out — a net gain of 23 holders — while 128 added to existing stakes and 126 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $30.8M. The largest seller was OppenheimerFunds, cutting an estimated $60.2M.
- 349 institutional investors held Packaging Corp of America (PKG) as of Q4 2013, up from 326 in Q3 2013.
- Funds reported $5.67B of Packaging Corp of America stock for Q4 2013, up 9.9% quarter-over-quarter.
- 57 funds opened new Packaging Corp of America positions in Q4 2013 and 34 closed out, a net change of +23 holders.
- The largest Packaging Corp of America buyer in Q4 2013 was Fidelity Investments, an estimated $30.8M added.
- The largest Packaging Corp of America seller in Q4 2013 was OppenheimerFunds, an estimated $60.2M sold.
Based on aggregated 13F filings for Q4 2013.