Packaging Corp of America
595 hedge funds and large institutions have $11.8B invested in Packaging Corp of America in 2021 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 208 increasing their positions, 214 reducing their positions, and 46 closing their positions.
28% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 46
3% more capital invested
Capital invested by funds: $11.5B → $11.8B (+$298M)
0.95% more ownership
Funds ownership: 89.34% → 90.29% (+0.95%)
1% more funds holding
Funds holding: 590 → 595 (+5)
3% less repeat investments, than reductions
Existing positions increased: 208 | Existing positions reduced: 214
11% less call options, than puts
Call options by funds: $35.3M | Put options by funds: $39.8M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$201M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$171M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$69.5M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$65.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$40.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$142M |
| 2 |
Millennium Management
New York
|
-$125M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$99.9M |
| 4 |
Morgan Stanley
New York
|
-$43.3M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$30.3M |
PKG Hedge Fund Activity: Q3 2021 in Review
595 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q3 2021, worth a combined $11.8B — up 2.6% from $11.5B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new PKG positions and 46 closed out — a net gain of 13 holders — while 208 added to existing stakes and 214 trimmed.
The largest buyer was Bank of America, adding an estimated $201M. The largest seller was T. Rowe Price Associates, cutting an estimated $142M.
- 595 institutional investors held Packaging Corp of America (PKG) as of Q3 2021, up from 590 in Q2 2021.
- Funds reported $11.8B of Packaging Corp of America stock for Q3 2021, up 2.6% quarter-over-quarter.
- 59 funds opened new Packaging Corp of America positions in Q3 2021 and 46 closed out, a net change of +13 holders.
- The largest Packaging Corp of America buyer in Q3 2021 was Bank of America, an estimated $201M added.
- The largest Packaging Corp of America seller in Q3 2021 was T. Rowe Price Associates, an estimated $142M sold.
Based on aggregated 13F filings for Q3 2021.