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Packaging Corp of America

465 hedge funds and large institutions have $7.12B invested in Packaging Corp of America in 2016 Q4 according to their latest regulatory filings, with 72 funds opening new positions, 164 increasing their positions, 173 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

162% more call options, than puts

Call options by funds: $105M | Put options by funds: $40M

112% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 34

8% more capital invested

Capital invested by funds: $6.58B → $7.12B (+$539M)

7% more funds holding

Funds holding: 433465 (+32)

1.35% more ownership

Funds ownership: 87.7%89.05% (+1.4%)

5% less repeat investments, than reductions

Existing positions increased: 164 | Existing positions reduced: 173

43% less funds holding in top 10

Funds holding in top 10: 74 (-3)

Holders
465
Holders Change
+32
Holders Change %
+7.39%
% of All Funds
11.62%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.1%
New
72
Increased
164
Reduced
173
Closed
34
Calls
$105M
Puts
$40M
Net Calls
+$64.7M
Net Calls Change
-$23.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$661M +$10.4M +123,921 +2%
BFA
2
BlackRock Fund Advisors
California
$624M +$13.5M +161,326 +2%
Bank of New York Mellon
3
Bank of New York Mellon
New York
$315M +$58M +691,709 +23%
State Street
4
State Street
Massachusetts
$297M -$4.13M -49,244 -1%
BIT
5
BlackRock Institutional Trust
California
$275M +$23.1M +275,432 +9%
LSV Asset Management
6
LSV Asset Management
Illinois
$262M -$5.93M -70,693 -2%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$215M +$14.5M +172,914 +7%
Wells Fargo
8
Wells Fargo
California
$200M +$20.4M +243,464 +12%
Bank of America
9
Bank of America
North Carolina
$190M +$7.82M +93,202 +4%
First Eagle Investment Management
10
First Eagle Investment Management
New York
$124M +$2.16M +25,700 +2%
Schroder Investment Management Group
11
Schroder Investment Management Group
United Kingdom
$123M -$3.94M -46,981 -3%
SBAM
12
Santa Barbara Asset Management
California
$119M -$16.5M -196,775 -12%
WCM
13
Wedge Capital Management
North Carolina
$111M -$33.2M -395,708 -23%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$108M -$72.7M -866,422 -40%
BA
15
BlackRock Advisors
Delaware
$104M -$16.8M -199,756 -14%
DZ Bank
16
DZ Bank
Germany
$97.1M +$96.1M +1,145,261 New
VOYA Investment Management
17
VOYA Investment Management
Georgia
$92.3M -$2.26M -26,916 -2%
Northern Trust
18
Northern Trust
Illinois
$85.9M -$463K -5,524 -0.5%
BIM
19
BlackRock Investment Management
Delaware
$80M +$1.73M +20,632 +2%
Principal Financial Group
20
Principal Financial Group
Iowa
$80M +$10.6M +126,290 +15%
Neuberger Berman Group
21
Neuberger Berman Group
New York
$77.4M -$19.1M -227,338 -20%
Norges Bank
22
Norges Bank
Norway
$76.8M +$240K +2,858 +0.3%
Morgan Stanley
23
Morgan Stanley
New York
$66.6M +$33M +392,919 +100%
Goldman Sachs
24
Goldman Sachs
New York
$66.4M -$7.96M -94,861 -11%
Geode Capital Management
25
Geode Capital Management
Massachusetts
$61.4M +$4.49M +53,509 +8%

PKG Hedge Fund Activity: Q4 2016 in Review

465 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q4 2016, worth a combined $7.12B — up 8.2% from $6.58B a quarter earlier.

Buyers outnumbered sellers: 72 funds opened new PKG positions and 34 closed out — a net gain of 38 holders — while 164 added to existing stakes and 173 trimmed.

The largest buyer was Bank of New York Mellon, adding an estimated $58M. The largest seller was Boston Partners, cutting an estimated $156M.

  • 465 institutional investors held Packaging Corp of America (PKG) as of Q4 2016, up from 433 in Q3 2016.
  • Funds reported $7.12B of Packaging Corp of America stock for Q4 2016, up 8.2% quarter-over-quarter.
  • 72 funds opened new Packaging Corp of America positions in Q4 2016 and 34 closed out, a net change of +38 holders.
  • The largest Packaging Corp of America buyer in Q4 2016 was Bank of New York Mellon, an estimated $58M added.
  • The largest Packaging Corp of America seller in Q4 2016 was Boston Partners, an estimated $156M sold.

Based on aggregated 13F filings for Q4 2016.