Packaging Corp of America
374 hedge funds and large institutions have $6.16B invested in Packaging Corp of America in 2014 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 131 increasing their positions, 143 reducing their positions, and 30 closing their positions.
97% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 30
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
9% more capital invested
Capital invested by funds: $5.67B → $6.16B (+$489M)
7% more funds holding
Funds holding: 349 → 374 (+25)
8% less repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 143
2.18% less ownership
Funds ownership: 91.3% → 89.13% (-2.2%)
44% less call options, than puts
Call options by funds: $16.1M | Put options by funds: $28.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$89.3M |
| 2 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$47.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$46.1M |
| 4 |
RG
Renaissance Group
Covington,
Kentucky
|
+$32.5M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$26.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$150M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$52.2M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$48.1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$38.8M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$38.4M |
PKG Hedge Fund Activity: Q1 2014 in Review
374 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q1 2014, worth a combined $6.16B — up 8.6% from $5.67B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new PKG positions and 30 closed out — a net gain of 29 holders — while 131 added to existing stakes and 143 trimmed.
The largest buyer was PNC Financial Services Group, adding an estimated $89.3M. The largest seller was AJO LP, cutting an estimated $150M.
- 374 institutional investors held Packaging Corp of America (PKG) as of Q1 2014, up from 349 in Q4 2013.
- Funds reported $6.16B of Packaging Corp of America stock for Q1 2014, up 8.6% quarter-over-quarter.
- 59 funds opened new Packaging Corp of America positions in Q1 2014 and 30 closed out, a net change of +29 holders.
- The largest Packaging Corp of America buyer in Q1 2014 was PNC Financial Services Group, an estimated $89.3M added.
- The largest Packaging Corp of America seller in Q1 2014 was AJO LP, an estimated $150M sold.
Based on aggregated 13F filings for Q1 2014.