Packaging Corp of America
772 hedge funds and large institutions have $14.7B invested in Packaging Corp of America in 2024 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 294 increasing their positions, 275 reducing their positions, and 64 closing their positions.
258% more call options, than puts
Call options by funds: $58.4M | Put options by funds: $16.3M
13% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 64
7% more repeat investments, than reductions
Existing positions increased: 294 | Existing positions reduced: 275
0.33% more ownership
Funds ownership: 89.32% → 89.65% (+0.33%)
1% less funds holding
Funds holding: 776 → 772 (-4)
3% less capital invested
Capital invested by funds: $15.2B → $14.7B (-$489M)
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$139M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$86.5M |
| 3 |
Goldman Sachs
New York
|
+$55.8M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$48.2M |
| 5 |
Millennium Management
New York
|
+$46.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$157M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$63.7M |
| 3 |
AF
Atlas FRM
Greenwich,
Connecticut
|
-$51.8M |
| 4 |
BlackRock
New York
|
-$35.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$26.2M |
PKG Hedge Fund Activity: Q2 2024 in Review
772 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Packaging Corp of America (PKG) for Q2 2024, worth a combined $14.7B — down 3.2% from $15.2B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new PKG positions and 64 closed out — a net gain of 8 holders — while 294 added to existing stakes and 275 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $139M. The largest seller was Balyasny Asset Management, cutting an estimated $157M.
- 772 institutional investors held Packaging Corp of America (PKG) as of Q2 2024, down from 776 in Q1 2024.
- Funds reported $14.7B of Packaging Corp of America stock for Q2 2024, down 3.2% quarter-over-quarter.
- 72 funds opened new Packaging Corp of America positions in Q2 2024 and 64 closed out, a net change of +8 holders.
- The largest Packaging Corp of America buyer in Q2 2024 was First Trust Advisors, an estimated $139M added.
- The largest Packaging Corp of America seller in Q2 2024 was Balyasny Asset Management, an estimated $157M sold.
Based on aggregated 13F filings for Q2 2024.