Who owns Packaging Corporation of America (PKG)
Which tracked institutional funds hold PKG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PKG company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
287 tracked funds added or opened PKG while 109 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
PKG’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes PKG more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in PKG divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 854 tracked filers holding PKG, 436 increased or opened the position and 403 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in PKG between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 30
- Cinctive Capital Management LP$35M
- WORLDQUANT MILLENNIUM ADVISORS LLC$18M
- Man Group plc$15M
- NATIXIS$14M
- Diversify Advisory Services, LLC$12M
- Davidson Kempner Capital Management LP$8M
Full exits 56
- T. Rowe Price Investment Management, Inc.$80M
- Amundi$52M
- HighTower Advisors, LLC$51M
- DekaBank Deutsche Girozentrale$47M
- Qube Research & Technologies Ltd$45M
- HRT FINANCIAL LP$37M
Largest adds
- BlackRock, Inc.$529M
- Bank of New York Mellon Corp$274M
- STATE STREET CORP$200M
- MILLENNIUM MANAGEMENT LLC$167M
- JPMORGAN CHASE & CO$166M
- VANGUARD CAPITAL MANAGEMENT LLC$152M
Largest trims
- PFA Pension, Forsikringsaktieselskab$77M
- TWO SIGMA INVESTMENTS, LP$36M
- Schonfeld Strategic Advisors LLC$24M
- WESTWOOD HOLDINGS GROUP INC$21M
- Albar Capital Partners LLP$17M
- FMR LLC$13M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 7,711,541 | $1.8B | 9.7% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 5,823,442 | $1.4B | 7.3% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 5,803,824 | $1.4B | 7.3% | 2026-Q2 |
| STATE STREET CORP added | 4,615,464 | $1.1B | 5.8% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 4,400,087 | $1.0B | 5.5% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 3,712,816 | $882M | 4.7% | 2026-Q2 |
| Bank of New York Mellon Corp added | 3,139,561 | $748M | 3.9% | 2026-Q2 |
| FIL Ltd trimmed | 2,772,813 | $661M | 3.5% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 2,499,804 | $593M | 3.1% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 2,235,961 | $533M | 2.8% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC trimmed | 2,011,324 | $479M | 2.5% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 1,963,732 | $468M | 2.5% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 1,831,180 | $436M | 2.3% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 1,692,740 | $403M | 2.1% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,592,949 | $380M | 2.0% | 2026-Q2 |
| Atlas FRM LLC | 1,532,500 | $365M | 1.9% | 2026-Q2 |
| Boston Partners trimmed | 1,456,806 | $347M | 1.8% | 2026-Q2 |
| MORGAN STANLEY trimmed | 1,381,505 | $329M | 1.7% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 1,329,859 | $317M | 1.7% | 2026-Q2 |
| Invesco Ltd. added | 1,189,046 | $283M | 1.5% | 2026-Q2 |
| Select Equity Group, L.P. added | 1,120,539 | $267M | 1.4% | 2026-Q2 |
| NORGES BANK trimmed | 1,078,180 | $257M | 1.4% | 2026-Q2 |
| FMR LLC trimmed | 1,010,216 | $241M | 1.3% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 937,616 | $223M | 1.2% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 859,097 | $205M | 1.1% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 674,177 | $161M | 0.8% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 558,898 | $133M | 0.7% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 555,866 | $132M | 0.7% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 497,520 | $119M | 0.6% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 491,627 | $117M | 0.6% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 482,542 | $115M | 0.6% | 2026-Q2 |
| Tidal Investments LLC added | 479,800 | $114M | 0.6% | 2026-Q2 |
| UBS Group AG added | 467,693 | $111M | 0.6% | 2026-Q2 |
| Legal & General Group Plc trimmed | 457,325 | $109M | 0.6% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 422,628 | $101M | 0.5% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 369,579 | $88M | 0.5% | 2026-Q2 |
| WESTFIELD CAPITAL MANAGEMENT CO LP added | 356,291 | $85M | 0.4% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 355,504 | $85M | 0.4% | 2026-Q2 |
| Pictet Asset Management Holding SA added | 336,686 | $80M | 0.4% | 2026-Q2 |
| REGIONS FINANCIAL CORP trimmed | 332,537 | $79M | 0.4% | 2026-Q2 |
| CITIGROUP INC added | 299,592 | $71M | 0.4% | 2026-Q2 |
| Bahl & Gaynor LLC added | 285,998 | $68M | 0.4% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 284,404 | $68M | 0.4% | 2026-Q2 |
| WESTWOOD HOLDINGS GROUP INC trimmed | 283,923 | $68M | 0.4% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC added | 279,225 | $67M | 0.4% | 2026-Q2 |
| Nuveen, LLC trimmed | 275,459 | $66M | 0.3% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 272,208 | $65M | 0.3% | 2026-Q2 |
| Summit Financial Strategies, Inc. added | 265,099 | $63M | 0.3% | 2026-Q2 |
| EARNEST PARTNERS LLC trimmed | 253,957 | $61M | 0.3% | 2026-Q2 |
| Swiss National Bank trimmed | 251,100 | $60M | 0.3% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 238,505 | $57M | 0.3% | 2026-Q2 |
| SCOPUS ASSET MANAGEMENT, L.P. trimmed | 232,700 | $55M | 0.3% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 215,545 | $51M | 0.3% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 213,281 | $51M | 0.3% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 213,232 | $51M | 0.3% | 2026-Q2 |
| Retirement Systems of Alabama trimmed | 212,145 | $51M | 0.3% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 211,242 | $50M | 0.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 208,575 | $50M | 0.3% | 2026-Q2 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. trimmed | 208,220 | $50M | 0.3% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 198,462 | $47M | 0.2% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 191,008 | $46M | 0.2% | 2026-Q2 |
| BARCLAYS PLC trimmed | 185,256 | $44M | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 185,186 | $44M | 0.2% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 163,555 | $39M | 0.2% | 2026-Q2 |
| CONNING INC. added | 161,187 | $38M | 0.2% | 2026-Q2 |
| California Public Employees Retirement System added | 153,930 | $37M | 0.2% | 2026-Q2 |
| LPL Financial LLC added | 150,773 | $36M | 0.2% | 2026-Q2 |
| Cinctive Capital Management LP added | 144,946 | $35M | 0.2% | 2026-Q2 |
| Gotham Asset Management, LLC added | 144,889 | $35M | 0.2% | 2026-Q2 |
| AE Wealth Management LLC added | 135,609 | $32M | 0.2% | 2026-Q2 |
| Quantinno Capital Management LP added | 127,515 | $30M | 0.2% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 124,292 | $30M | 0.2% | 2026-Q2 |
| Zurich Insurance Group Ltd/FI added | 113,068 | $27M | 0.1% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 108,515 | $26M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 103,608 | $25M | 0.1% | 2026-Q2 |
| STRS OHIO added | 97,233 | $23M | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 93,550 | $20M | 0.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 93,040 | $22M | 0.1% | 2026-Q2 |
| Universal- Beteiligungs- und Servicegesellschaft mbH trimmed | 88,364 | $21M | 0.1% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 87,427 | $21M | 0.1% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 84,094 | $20M | 0.1% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 82,657 | $20M | 0.1% | 2026-Q2 |
| LOOMIS SAYLES & CO L P trimmed | 81,485 | $19M | 0.1% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT added | 80,246 | $19M | 0.1% | 2026-Q2 |
| Jain Global LLC trimmed | 80,116 | $19M | 0.1% | 2026-Q2 |
| Tredje AP-fonden added | 79,109 | $19M | 0.1% | 2026-Q2 |
| Corient Private Wealth LP added | 79,040 | $19M | 0.1% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ added | 78,544 | $19M | 0.1% | 2026-Q2 |
| WORLDQUANT MILLENNIUM ADVISORS LLC added | 76,378 | $18M | 0.1% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 75,766 | $18M | 0.1% | 2026-Q2 |
| PNC Financial Services Group, Inc. trimmed | 72,612 | $17M | 0.1% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 71,476 | $17M | 0.1% | 2026-Q2 |
| Cannell & Spears LLC trimmed | 68,917 | $16M | 0.1% | 2026-Q2 |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 68,460 | $16M | 0.1% | 2026-Q2 |
| JLB & ASSOCIATES INC trimmed | 67,916 | $16M | 0.1% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed | 66,980 | $16M | 0.1% | 2026-Q2 |
| COMMERCE BANK added | 66,818 | $16M | 0.1% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP added | 64,839 | $15M | 0.1% | 2026-Q2 |
| Man Group plc added | 61,939 | $15M | 0.1% | 2026-Q2 |
| Sound Shore Management Inc /CT/ added | 61,025 | $15M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.