Packaging Corp of America
366 hedge funds and large institutions have $6.92B invested in Packaging Corp of America in 2015 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 152 increasing their positions, 117 reducing their positions, and 48 closing their positions.
123% more call options, than puts
Call options by funds: $51.3M | Put options by funds: $23M
30% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 117
19% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 48
4.32% more ownership
Funds ownership: 88.39% → 92.71% (+4.3%)
2% more funds holding
Funds holding: 360 → 366 (+6)
2% more capital invested
Capital invested by funds: $6.79B → $6.92B (+$127M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sasco Capital
Fairfield,
Connecticut
|
+$320M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$68.5M |
| 3 |
Jennison Associates
New York
|
+$57.1M |
| 4 |
First Eagle Investment Management
New York
|
+$55.6M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$37.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$77.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$60.4M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$44M |
| 4 |
Neuberger Berman Group
New York
|
-$44M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$37.5M |
PKG Hedge Fund Activity: Q1 2015 in Review
366 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q1 2015, worth a combined $6.92B — up 1.9% from $6.79B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new PKG positions and 48 closed out — a net gain of 9 holders — while 152 added to existing stakes and 117 trimmed.
The largest buyer was Sasco Capital, adding an estimated $320M. The largest seller was Egerton Capital (UK), exiting entirely with an estimated $77.9M sold.
- 366 institutional investors held Packaging Corp of America (PKG) as of Q1 2015, up from 360 in Q4 2014.
- Funds reported $6.92B of Packaging Corp of America stock for Q1 2015, up 1.9% quarter-over-quarter.
- 57 funds opened new Packaging Corp of America positions in Q1 2015 and 48 closed out, a net change of +9 holders.
- The largest Packaging Corp of America buyer in Q1 2015 was Sasco Capital, an estimated $320M added.
- The largest Packaging Corp of America seller in Q1 2015 was Egerton Capital (UK), an estimated $77.9M sold.
Based on aggregated 13F filings for Q1 2015.