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Packaging Corp of America

433 hedge funds and large institutions have $6.58B invested in Packaging Corp of America in 2016 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 153 increasing their positions, 169 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

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: 47 (+3)

38% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 37

19% more capital invested

Capital invested by funds: $5.55B → $6.58B (+$1.03B)

3% more funds holding

Funds holding: 422433 (+11)

0.33% less ownership

Funds ownership: 88.02%87.7% (-0.33%)

9% less repeat investments, than reductions

Existing positions increased: 153 | Existing positions reduced: 169

Holders
433
Holders Change
+11
Holders Change %
+2.61%
% of All Funds
11.55%
Holding in Top 10
7
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+75%
% of All Funds
0.19%
New
51
Increased
153
Reduced
169
Closed
37
Calls
$122M
Puts
$33.4M
Net Calls
+$88.5M
Net Calls Change
+$72.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$623M +$9.19M +120,278 +2%
BFA
2
BlackRock Fund Advisors
California
$584M +$18.6M +243,759 +4%
State Street
3
State Street
Massachusetts
$289M +$27.9M +365,446 +11%
LSV Asset Management
4
LSV Asset Management
Illinois
$257M +$24.2M +316,150 +11%
Bank of New York Mellon
5
Bank of New York Mellon
New York
$246M -$39.9M -521,740 -15%
BIT
6
BlackRock Institutional Trust
California
$241M +$1.9M +24,882 +0.8%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$192M +$24.6M +321,380 +16%
Bank of America
8
Bank of America
North Carolina
$175M +$3.09M +40,415 +2%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$174M +$10.6M +138,455 +7%
Boston Partners
10
Boston Partners
Massachusetts
$172M -$27.4M -358,156 -14%
Wells Fargo
11
Wells Fargo
California
$172M -$6.03M -78,925 -4%
WCM
12
Wedge Capital Management
North Carolina
$139M -$18.9M -247,499 -13%
SBAM
13
Santa Barbara Asset Management
California
$130M +$1.02M +13,305 +0.8%
Schroder Investment Management Group
14
Schroder Investment Management Group
United Kingdom
$121M +$40.7M +533,366 +55%
First Eagle Investment Management
15
First Eagle Investment Management
New York
$117M +$14.3M +187,800 +15%
BA
16
BlackRock Advisors
Delaware
$115M +$11.1M +145,922 +11%
Neuberger Berman Group
17
Neuberger Berman Group
New York
$92.6M -$7.02M -91,928 -7%
Northern Trust
18
Northern Trust
Illinois
$82.7M +$3.25M +42,489 +4%
BIM
19
BlackRock Investment Management
Delaware
$75M +$1.37M +17,990 +2%
Goldman Sachs
20
Goldman Sachs
New York
$71.3M -$5.05M -66,079 -7%
Norges Bank
21
Norges Bank
Norway
$70M -$2.54M -33,228 -4%
Principal Financial Group
22
Principal Financial Group
Iowa
$66.4M +$19.6M +256,416 +46%
Ameriprise
23
Ameriprise
Minnesota
$60.3M +$17M +222,245 +43%
VNIM
24
Vaughan Nelson Investment Management
Texas
$57.5M -$2.93M -38,400 -5%
AQR Capital Management
25
AQR Capital Management
Connecticut
$57.5M +$12M +156,490 +28%

PKG Hedge Fund Activity: Q3 2016 in Review

433 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q3 2016, worth a combined $6.58B — up 19% from $5.55B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new PKG positions and 37 closed out — a net gain of 14 holders — while 153 added to existing stakes and 169 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.

  • 433 institutional investors held Packaging Corp of America (PKG) as of Q3 2016, up from 422 in Q2 2016.
  • Funds reported $6.58B of Packaging Corp of America stock for Q3 2016, up 19% quarter-over-quarter.
  • 51 funds opened new Packaging Corp of America positions in Q3 2016 and 37 closed out, a net change of +14 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.