Packaging Corp of America
742 hedge funds and large institutions have $13.1B invested in Packaging Corp of America in 2023 Q4 according to their latest regulatory filings, with 138 funds opening new positions, 249 increasing their positions, 248 reducing their positions, and 25 closing their positions.
452% more first-time investments, than exits
New positions opened: 138 | Existing positions closed: 25
411% more call options, than puts
Call options by funds: $131M | Put options by funds: $25.7M
16% more funds holding
Funds holding: 642 → 742 (+100)
5% more capital invested
Capital invested by funds: $12.4B → $13.1B (+$672M)
0% more repeat investments, than reductions
Existing positions increased: 249 | Existing positions reduced: 248
0.26% less ownership
Funds ownership: 90.09% → 89.83% (-0.26%)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$43.9M |
| 2 |
Retirement Systems of Alabama
Montgomery,
Alabama
|
+$36.3M |
| 3 |
Neuberger Berman Group
New York
|
+$30M |
| 4 |
Goldman Sachs
New York
|
+$29.8M |
| 5 |
State Street
Boston,
Massachusetts
|
+$26.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
-$227M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$144M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$95.4M |
| 4 |
MIHAS
Maj Invest Holding A/S
Copenhagen K,
Denmark
|
-$56.7M |
| 5 |
JP Morgan Chase
New York
|
-$37.4M |
PKG Hedge Fund Activity: Q4 2023 in Review
742 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q4 2023, worth a combined $13.1B — up 5.4% from $12.4B a quarter earlier.
Buyers outnumbered sellers: 138 funds opened new PKG positions and 25 closed out — a net gain of 113 holders — while 249 added to existing stakes and 248 trimmed.
The largest buyer was Balyasny Asset Management, adding an estimated $43.9M. The largest seller was Nordea Investment Management, cutting an estimated $227M.
- 742 institutional investors held Packaging Corp of America (PKG) as of Q4 2023, up from 642 in Q3 2023.
- Funds reported $13.1B of Packaging Corp of America stock for Q4 2023, up 5.4% quarter-over-quarter.
- 138 funds opened new Packaging Corp of America positions in Q4 2023 and 25 closed out, a net change of +113 holders.
- The largest Packaging Corp of America buyer in Q4 2023 was Balyasny Asset Management, an estimated $43.9M added.
- The largest Packaging Corp of America seller in Q4 2023 was Nordea Investment Management, an estimated $227M sold.
Based on aggregated 13F filings for Q4 2023.