Packaging Corp of America
372 hedge funds and large institutions have $5.11B invested in Packaging Corp of America in 2016 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 155 increasing their positions, 121 reducing their positions, and 55 closing their positions.
196% more call options, than puts
Call options by funds: $101M | Put options by funds: $34.2M
28% more repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 121
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
4.01% more ownership
Funds ownership: 85.77% → 89.78% (+4%)
3% less capital invested
Capital invested by funds: $5.25B → $5.11B (-$141M)
9% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 55
2% less funds holding
Funds holding: 379 → 372 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$159M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$117M |
| 3 |
First Eagle Investment Management
New York
|
+$54.2M |
| 4 |
Bank of New York Mellon
New York
|
+$34M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$31.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$96.7M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$89.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$84.9M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$83.9M |
| 5 |
D.E. Shaw & Co
New York
|
-$56.4M |
PKG Hedge Fund Activity: Q1 2016 in Review
372 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q1 2016, worth a combined $5.11B — down 2.7% from $5.25B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of PKG and 50 opened new positions — a net loss of 5 holders — while 121 trimmed existing stakes and 155 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $159M. The largest seller was Goldman Sachs, cutting an estimated $96.7M.
- 372 institutional investors held Packaging Corp of America (PKG) as of Q1 2016, down from 379 in Q4 2015.
- Funds reported $5.11B of Packaging Corp of America stock for Q1 2016, down 2.7% quarter-over-quarter.
- 50 funds opened new Packaging Corp of America positions in Q1 2016 and 55 closed out, a net change of -5 holders.
- The largest Packaging Corp of America buyer in Q1 2016 was BlackRock Fund Advisors, an estimated $159M added.
- The largest Packaging Corp of America seller in Q1 2016 was Goldman Sachs, an estimated $96.7M sold.
Based on aggregated 13F filings for Q1 2016.