Packaging Corp of America
564 hedge funds and large institutions have $6.67B invested in Packaging Corp of America in 2018 Q4 according to their latest regulatory filings, with 98 funds opening new positions, 200 increasing their positions, 191 reducing their positions, and 74 closing their positions.
112% more call options, than puts
Call options by funds: $43.5M | Put options by funds: $20.5M
32% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 74
4% more funds holding
Funds holding: 544 → 564 (+20)
5% more repeat investments, than reductions
Existing positions increased: 200 | Existing positions reduced: 191
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.82% less ownership
Funds ownership: 87.82% → 87.01% (-0.82%)
27% less capital invested
Capital invested by funds: $9.08B → $6.67B (-$2.41B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$85.8M |
| 2 |
JP Morgan Chase
New York
|
+$80.5M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$72.5M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$52.9M |
| 5 |
HCM
Hamlin Capital Management
New York
|
+$39.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$334M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$151M |
| 3 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$98.3M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$59.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$41.3M |
PKG Hedge Fund Activity: Q4 2018 in Review
564 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q4 2018, worth a combined $6.67B — down 27% from $9.08B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new PKG positions and 74 closed out — a net gain of 24 holders — while 200 added to existing stakes and 191 trimmed.
The largest buyer was Millennium Management, adding an estimated $85.8M. The largest seller was Wellington Management Group, cutting an estimated $334M.
- 564 institutional investors held Packaging Corp of America (PKG) as of Q4 2018, up from 544 in Q3 2018.
- Funds reported $6.67B of Packaging Corp of America stock for Q4 2018, down 27% quarter-over-quarter.
- 98 funds opened new Packaging Corp of America positions in Q4 2018 and 74 closed out, a net change of +24 holders.
- The largest Packaging Corp of America buyer in Q4 2018 was Millennium Management, an estimated $85.8M added.
- The largest Packaging Corp of America seller in Q4 2018 was Wellington Management Group, an estimated $334M sold.
Based on aggregated 13F filings for Q4 2018.