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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.

New
Increased
Maintained
Reduced
Closed

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: 544564 (+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: 11 (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)

Holders
564
Holders Change
+20
Holders Change %
+3.68%
% of All Funds
12.57%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
98
Increased
200
Reduced
191
Closed
74
Calls
$43.5M
Puts
$20.5M
Net Calls
+$23M
Net Calls Change
+$20.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$865M +$12.2M +130,624 +1%
BlackRock
2
BlackRock
New York
$801M +$23.9M +256,652 +3%
State Street
3
State Street
Massachusetts
$339M -$27M -289,927 -7%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$291M -$334M -3,591,815 -51%
Wells Fargo
5
Wells Fargo
California
$206M +$52.9M +568,974 +30%
Bank of America
6
Bank of America
North Carolina
$197M -$8.65M -92,934 -4%
LSV Asset Management
7
LSV Asset Management
Illinois
$164M +$72.5M +778,926 +66%
Victory Capital Management
8
Victory Capital Management
Texas
$155M +$12.9M +138,552 +8%
JP Morgan Chase
9
JP Morgan Chase
New York
$153M +$80.5M +865,707 +89%
SBAM
10
Santa Barbara Asset Management
California
$143M +$26.6M +286,404 +20%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$133M +$704K +7,571 +0.5%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$116M -$151M -1,618,410 -54%
VOYA Investment Management
13
VOYA Investment Management
Georgia
$111M -$12.4M -133,714 -9%
MIHAS
14
Maj Invest Holding A/S
Denmark
$109M +$37.8M +406,734 +45%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$105M +$8.88M +95,452 +8%
Northern Trust
16
Northern Trust
Illinois
$93.7M +$503K +5,411 +0.5%
Millennium Management
17
Millennium Management
New York
$85.5M +$85.8M +922,736 +903%
Norges Bank
18
Norges Bank
Norway
$81.8M
WCM
19
Wedge Capital Management
North Carolina
$75.5M +$5.32M +57,141 +7%
First Eagle Investment Management
20
First Eagle Investment Management
New York
$71.1M -$9.33M -100,321 -11%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$70.3M +$13.5M +145,624 +21%
Charles Schwab
22
Charles Schwab
California
$69.2M +$3.58M +38,463 +5%
Invesco
23
Invesco
Georgia
$66.3M -$1.83M -19,680 -2%
Principal Financial Group
24
Principal Financial Group
Iowa
$64.9M +$6.46M +69,445 +10%
Neuberger Berman Group
25
Neuberger Berman Group
New York
$62.1M -$29.3M -314,630 -30%

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.