Packaging Corp of America
360 hedge funds and large institutions have $6.79B invested in Packaging Corp of America in 2014 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 116 increasing their positions, 144 reducing their positions, and 53 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
48% more call options, than puts
Call options by funds: $36.6M | Put options by funds: $24.7M
22% more capital invested
Capital invested by funds: $5.56B → $6.79B (+$1.23B)
13% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 53
1% more funds holding
Funds holding: 357 → 360 (+3)
0.17% less ownership
Funds ownership: 88.55% → 88.39% (-0.17%)
19% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 144
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Marcato Capital Management
San Francisco,
California
|
+$234M |
| 2 |
First Eagle Investment Management
New York
|
+$174M |
| 3 |
GCM
Glenview Capital Management
New York
|
+$61.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$57.6M |
| 5 |
CC
Cannell & Co
New York
|
+$52.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$164M |
| 2 |
Goldman Sachs
New York
|
-$69.3M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$54.9M |
| 4 |
O
OppenheimerFunds
New York
|
-$53.1M |
| 5 |
JCI
Jet Capital Investors
New York
|
-$33.2M |
PKG Hedge Fund Activity: Q4 2014 in Review
360 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q4 2014, worth a combined $6.79B — up 22% from $5.56B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new PKG positions and 53 closed out — a net gain of 7 holders — while 116 added to existing stakes and 144 trimmed.
The largest buyer was Marcato Capital Management, opening a new position worth an estimated $234M. The largest seller was Ameriprise, cutting an estimated $164M.
- 360 institutional investors held Packaging Corp of America (PKG) as of Q4 2014, up from 357 in Q3 2014.
- Funds reported $6.79B of Packaging Corp of America stock for Q4 2014, up 22% quarter-over-quarter.
- 60 funds opened new Packaging Corp of America positions in Q4 2014 and 53 closed out, a net change of +7 holders.
- The largest Packaging Corp of America buyer in Q4 2014 was Marcato Capital Management, an estimated $234M added.
- The largest Packaging Corp of America seller in Q4 2014 was Ameriprise, an estimated $164M sold.
Based on aggregated 13F filings for Q4 2014.