Packaging Corp of America
544 hedge funds and large institutions have $10.1B invested in Packaging Corp of America in 2017 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 185 increasing their positions, 199 reducing their positions, and 53 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
62% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 53
53% more call options, than puts
Call options by funds: $56.9M | Put options by funds: $37.2M
6% more funds holding
Funds holding: 515 → 544 (+29)
2% more capital invested
Capital invested by funds: $9.86B → $10.1B (+$226M)
7% less repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 199
2.24% less ownership
Funds ownership: 91.11% → 88.86% (-2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$158M |
| 2 |
Millennium Management
New York
|
+$59M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$57.8M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$31.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$30.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$125M |
| 2 |
Bank of New York Mellon
New York
|
-$125M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$103M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$42.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$40.3M |
PKG Hedge Fund Activity: Q4 2017 in Review
544 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q4 2017, worth a combined $10.1B — up 2.3% from $9.86B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new PKG positions and 53 closed out — a net gain of 33 holders — while 185 added to existing stakes and 199 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $158M. The largest seller was First Eagle Investment Management, cutting an estimated $125M.
- 544 institutional investors held Packaging Corp of America (PKG) as of Q4 2017, up from 515 in Q3 2017.
- Funds reported $10.1B of Packaging Corp of America stock for Q4 2017, up 2.3% quarter-over-quarter.
- 86 funds opened new Packaging Corp of America positions in Q4 2017 and 53 closed out, a net change of +33 holders.
- The largest Packaging Corp of America buyer in Q4 2017 was Victory Capital Management, an estimated $158M added.
- The largest Packaging Corp of America seller in Q4 2017 was First Eagle Investment Management, an estimated $125M sold.
Based on aggregated 13F filings for Q4 2017.