Packaging Corp of America
357 hedge funds and large institutions have $5.56B invested in Packaging Corp of America in 2014 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 121 increasing their positions, 138 reducing their positions, and 38 closing their positions.
55% more call options, than puts
Call options by funds: $44.4M | Put options by funds: $28.6M
42% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 38
2% more funds holding
Funds holding: 349 → 357 (+8)
0.57% less ownership
Funds ownership: 89.12% → 88.55% (-0.57%)
11% less capital invested
Capital invested by funds: $6.26B → $5.56B (-$703M)
12% less repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 138
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$135M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$108M |
| 3 |
D.E. Shaw & Co
New York
|
+$79.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$79.6M |
| 5 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$68.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$131M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$98.9M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$90M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$52.9M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$50.8M |
PKG Hedge Fund Activity: Q3 2014 in Review
357 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q3 2014, worth a combined $5.56B — down 11% from $6.26B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new PKG positions and 38 closed out — a net gain of 16 holders — while 121 added to existing stakes and 138 trimmed.
The largest buyer was VOYA Investment Management, adding an estimated $135M. The largest seller was Fidelity Investments, cutting an estimated $131M.
- 357 institutional investors held Packaging Corp of America (PKG) as of Q3 2014, up from 349 in Q2 2014.
- Funds reported $5.56B of Packaging Corp of America stock for Q3 2014, down 11% quarter-over-quarter.
- 54 funds opened new Packaging Corp of America positions in Q3 2014 and 38 closed out, a net change of +16 holders.
- The largest Packaging Corp of America buyer in Q3 2014 was VOYA Investment Management, an estimated $135M added.
- The largest Packaging Corp of America seller in Q3 2014 was Fidelity Investments, an estimated $131M sold.
Based on aggregated 13F filings for Q3 2014.