Packaging Corp of America
435 hedge funds and large institutions have $6.71B invested in Packaging Corp of America in 2016 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 155 increasing their positions, 168 reducing their positions, and 36 closing their positions.
265% more call options, than puts
Call options by funds: $122M | Put options by funds: $33.4M
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
42% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 36
21% more capital invested
Capital invested by funds: $5.55B → $6.71B (+$1.17B)
3% more funds holding
Funds holding: 423 → 435 (+12)
0.3% less ownership
Funds ownership: 88% → 87.71% (-0.3%)
8% less repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 168
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$40.7M |
| 2 |
State Street
Boston,
Massachusetts
|
+$27.9M |
| 3 |
BAPIM
British Airways Pensions Investment Management
London,
United Kingdom
|
+$24.9M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$24.6M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$24.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$44.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$42.5M |
| 3 |
Bank of New York Mellon
New York
|
-$39.9M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$27.4M |
| 5 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$26.8M |
PKG Hedge Fund Activity: Q3 2016 in Review
435 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q3 2016, worth a combined $6.71B — up 21% from $5.55B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new PKG positions and 36 closed out — a net gain of 15 holders — while 155 added to existing stakes and 168 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $40.7M. The largest seller was Iridian Asset Management, cutting an estimated $44.6M.
- 435 institutional investors held Packaging Corp of America (PKG) as of Q3 2016, up from 423 in Q2 2016.
- Funds reported $6.71B of Packaging Corp of America stock for Q3 2016, up 21% quarter-over-quarter.
- 51 funds opened new Packaging Corp of America positions in Q3 2016 and 36 closed out, a net change of +15 holders.
- The largest Packaging Corp of America buyer in Q3 2016 was Schroder Investment Management Group, an estimated $40.7M added.
- The largest Packaging Corp of America seller in Q3 2016 was Iridian Asset Management, an estimated $44.6M sold.
Based on aggregated 13F filings for Q3 2016.