Packaging Corp of America

PKG • NYSE

Packaging Corp of America is a packaging & containers company in the consumer cyclical sector on NYSE, led by Mark W. Kowlzan, with a market cap of $17.7B. As of Q3 2025, 94% of shares are held by 828 institutional investors, with VANGUARD GROUP INC as the largest holder at 12.48%.

Chairman and Chief Executive OfficerMark W. Kowlzan

Market Cap$17.7B

Packaging & Containers

Consumer Cyclical

Employees14.9K

Websitepackagingcorp.com

Country

United States of America

Overview

Overview of institutional ownership in PKG as of Q3 2025 with a market cap of $19.6B

All Institutions

Institutions: 828
Value Held: $18.4B
Shares Held: 84.2M
Avg Position: $22.2M
Median Position: $724.1K

Hedge Funds

Hedge Funds: 50
Value Held: $1.5B
Shares Held: 6.7M
Avg Position: $29.2M
Median Position: $3.9M

Ownership Breakdown

Institutional (non-HF)

86.15%

$16.9B

Hedge Funds

7.44%

$1.5B

Retail & Other

6.42%

$1.3B

Based on market cap of $19.6B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in PKG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$2.4B 0.04% of portfolio	12.48% 11.2M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$1.7B 0.03% of portfolio	8.46% 7.6M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$905.4M 0.03% of portfolio	4.59% 4.1M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$739.8M 0.12% of portfolio	3.77% 3.4M shares	≤ Q2 2013 Held for 12y 5m+	$620.51B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$672.4M 0.04% of portfolio	3.43% 3.1M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$597.9M 0.07% of portfolio	3.05% 2.7M shares	≤ Q2 2013 Held for 12y 5m+	$912.31B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$521.7M 0.03% of portfolio	2.67% 2.4M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
F FIL Ltd Institution	-	$509.9M 0.40% of portfolio	2.60% 2.3M shares	Q4 2020 Held for 4y 11m	$127.75B
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$426.0M 0.10% of portfolio	2.17% 2.0M shares	≤ Q2 2013 Held for 12y 5m+	$433.11B
A AMERICAN CENTURY COMPANIES INC Institution	-	$419.3M 0.21% of portfolio	2.14% 1.9M shares	Q2 2016 Held for 9y 5m	$195.93B

Net Capital Flow

Institutional buying and selling activity for PKG in Q3 2025

Net Flow: +$372.1M
Buyers: 316
Sellers: 366
Total Bought: +$1.7B
Total Sold: −$1.3B
Avg Position: $22.0M

Biggest Buyers

Institution	Net Bought	Current Position
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$228.4M +1.0M shares	$330.5M 1.5M shares
Bank of New York Mellon Corp Institution	+$221.4M +1.0M shares	$406.1M 1.9M shares
Select Equity Group, L.P. Hedge Fund•Multi-Strategy	+$125.3M +575.1K shares	$217.3M 997.3K shares
JPMORGAN CHASE & CO Institution	+$80.8M +370.6K shares	$672.4M 3.1M shares
Robeco Investment Management, Inc. Long Only Manager	+$76.9M +353.1K shares	$362.7M 1.7M shares
Cartenna Capital, LP Hedge Fund•Long/Short	+$75.2M +345.0K shares	$75.2M 345.0K shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	+$68.0M +312.2K shares	$389.7M 1.8M shares
R ROYAL BANK OF CANADA Institution	+$65.2M +299.2K shares	$342.7M 1.6M shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$64.1M +294.0K shares	$73.1M 335.3K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	+$61.1M +280.3K shares	$61.1M 280.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
B BlackRock, Inc. Institution	−$244.0M −1.1M shares	$1.7B 7.6M shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	−$88.7M −470.6K shares	Sold Off 0 shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$72.0M −330.5K shares	$3.9M 17.9K shares
Q Qube Research & Technologies Ltd Institution	−$54.3M −249.3K shares	$201.7M 925.3K shares
A Assenagon Asset Management S.A. Institution	−$49.4M −262.2K shares	Sold Off 0 shares
H HSBC HOLDINGS PLC Institution	−$35.8M −164.3K shares	$40.1M 184.2K shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	−$33.8M −155.1K shares	$63.5M 291.2K shares
UBS Group AG Institution	−$31.7M −145.6K shares	$119.1M 546.4K shares
A ADAGE CAPITAL PARTNERS GP LLC Institution	−$29.9M −137.4K shares	$958.9K 4.4K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	−$29.7M −157.7K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited PKG in Q3 2025

New Positions: 58
New Value: $45.8M
Exited Positions: 94
Exited Value: $330.1M

New Positions

Institution	Position Value
S STEADFAST CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	$15.3M 70.2K shares
Leeward Investments, LLC - MA Long Only Manager	$10.9M 50.0K shares
Night Squared LP Hedge Fund•Long/Short	$6.8M 31.2K shares
Aperture Investors, LLC Hedge Fund•Multi-Strategy	$2.2M 10.2K shares
G&S Capital LLC RIA/Wealth	$1.3M 6.1K shares
T TKG Advisors, LLC Institution	$1.3M 5.8K shares
S Sustainable Insight Capital Management, LLC Long Only Manager	$741.0K 3.4K shares
Independent Wealth Network Inc. RIA/Wealth	$679.9K 3.1K shares
I Inscription Capital, LLC RIA/Wealth	$447.0K 2.1K shares
Caerus Investment Advisors, LLC Venture Capital	$431.1K 2.0K shares

Exited Positions

Institution	Previous Position
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	$88.7M 470.6K shares
A Assenagon Asset Management S.A. Institution	$49.4M 262.2K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	$29.7M 157.7K shares
Trexquant Investment LP Hedge Fund•Quant	$14.0M 74.5K shares
C Cubist Systematic Strategies, LLC Institution	$13.6M 72.1K shares
K KINGDON CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Long/Short	$13.2M 70.0K shares
Symphony Financial, Ltd. Co. RIA/Wealth	$10.0M 53.0K shares
R Railway Pension Investments Ltd Institution	$8.3M 44.0K shares
Regents Gate Capital LLP Hedge Fund•Market Neutral	$7.7M 40.9K shares
Magnetar Financial LLC Hedge Fund•Multi-Strategy	$6.7M 35.7K shares

Options Activity

Institutions with the largest Call and Put options positions in PKG as of Q3 2025

Call Positions: 6
Call Value: $28.3M
Put Positions: 5
Put Value: $3.5M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$15.0M 689.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$7.7M 352.0 contracts
J JANE STREET GROUP, LLC Institution	$5.3M 241.0 contracts
W WOLVERINE TRADING, LLC Institution	$302.8K 14.0 contracts
Walleye Trading LLC RIA/Wealth	$65.4K 3.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$2.1M 98.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$849.9K 39.0 contracts
J JANE STREET GROUP, LLC Institution	$239.7K 11.0 contracts
W WOLVERINE TRADING, LLC Institution	$237.9K 11.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	- - contracts

Most Committed Institutions

Institutions with PKG as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
A Atlas FRM LLC Institution	-	21.45% $149.3M	0.76% 685.0K shares	Q3 2022 Held for 3y 2m	$696.0M
A Albar Capital Partners LLP Institution	-	7.29% $32.0M	0.16% 146.9K shares	Q2 2025 Held for 5 months	$438.9M
Summit Financial Strategies, Inc. RIA/Wealth	Ellen Marie Weed President	4.54% $53.0M	0.27% 243.1K shares	Q4 2019 Held for 5y 11m	$1.2B
Cartenna Capital, LP Hedge Fund•Long/Short	Sean Mcduffy President	3.92% $75.2M	0.38% 345.0K shares	Q3 2024 Held for 1y 2m	$1.9B
H HFR Wealth Management, LLC RIA/Wealth	Herbert Faulkner Reilly Iii President	2.74% $12.0M	0.06% 54.9K shares	Q2 2021 Held for 4y 5m	$436.2M
N Norman Fields, Gottscho Capital Management, LLC RIA/Wealth	Christopher Martin Gottscho President	2.59% $7.7M	0.04% 35.3K shares	Q1 2019 Held for 6y 8m	$296.8M
Night Squared LP Hedge Fund•Long/Short	Neel Prafullchandra Parekh CEO	2.45% $6.8M	0.03% 31.2K shares	Q3 2025 Held for 2 months	$277.1M
JLB & ASSOCIATES INC RIA/Wealth	Christopher Ralph Szydlowski President	2.29% $17.3M	0.09% 79.5K shares	Q2 2017 Held for 8y 5m	$755.9M
UBS OCONNOR LLC Long Only Manager	Barry John Gill CIO	2.28% $16.5M	0.08% 75.7K shares	Q3 2025 Held for 2 months	$723.8M
S SCOPUS ASSET MANAGEMENT, L.P. Hedge Fund•Long/Short	Alexander Mnm Mitchell Managing Partner	2.15% $82.3M	0.42% 377.7K shares	Q4 2024 Held for 11 months	$3.8B

Hedge Fund Spotlight

Discover hedge funds investing in PKG

Woodline Partners LP

Hedge Fund • Long/Short

Portfolio ManagerKarl Heinz Kroeker

Portfolio Value: $21.3B
Positions: 868
Last Reported: Q3 2025

Sector Allocation

Position in Packaging Corp of America

Market Value: $24.9M
Shares Held: 114.1K
Portfolio Weight: 0.12%
Owned Since: 2024-Q3

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