Packaging Corp of America
374 hedge funds and large institutions have $5.1B invested in Packaging Corp of America in 2015 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 138 increasing their positions, 141 reducing their positions, and 45 closing their positions.
17% more call options, than puts
Call options by funds: $48.3M | Put options by funds: $41.3M
2% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 141
9% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 45
1.3% less ownership
Funds ownership: 88.13% → 86.82% (-1.3%)
1% less funds holding
Funds holding: 379 → 374 (-5)
5% less capital invested
Capital invested by funds: $5.4B → $5.1B (-$294M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$113M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$66.7M |
| 3 |
O
OppenheimerFunds
New York
|
+$60.2M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$50.2M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$35.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Marcato Capital Management
San Francisco,
California
|
-$204M |
| 2 |
Neuberger Berman Group
New York
|
-$55.5M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$35.1M |
| 4 |
D.E. Shaw & Co
New York
|
-$31.1M |
| 5 |
SAM
Sheffield Asset Management
Chicago,
Illinois
|
-$30.2M |
PKG Hedge Fund Activity: Q3 2015 in Review
374 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q3 2015, worth a combined $5.1B — down 5.5% from $5.4B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of PKG and 41 opened new positions — a net loss of 4 holders — while 141 trimmed existing stakes and 138 added.
The largest buyer was Hotchkis & Wiley Capital Management, opening a new position worth an estimated $113M. The largest seller was Marcato Capital Management, exiting entirely with an estimated $204M sold.
- 374 institutional investors held Packaging Corp of America (PKG) as of Q3 2015, down from 379 in Q2 2015.
- Funds reported $5.1B of Packaging Corp of America stock for Q3 2015, down 5.5% quarter-over-quarter.
- 41 funds opened new Packaging Corp of America positions in Q3 2015 and 45 closed out, a net change of -4 holders.
- The largest Packaging Corp of America buyer in Q3 2015 was Hotchkis & Wiley Capital Management, an estimated $113M added.
- The largest Packaging Corp of America seller in Q3 2015 was Marcato Capital Management, an estimated $204M sold.
Based on aggregated 13F filings for Q3 2015.