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Institutional Ownership · SEC Form 13F

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.

854
Institutional holders
86M
Shares held (tracked funds)

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.

FundSharesReported value% of valueQuarter
BlackRock, Inc. added7,711,541$1.8B9.7%2026-Q2
PRICE T ROWE ASSOCIATES INC /MD/ trimmed5,823,442$1.4B7.3%2026-Q2
VANGUARD CAPITAL MANAGEMENT LLC added5,803,824$1.4B7.3%2026-Q2
STATE STREET CORP added4,615,464$1.1B5.8%2026-Q2
VANGUARD PORTFOLIO MANAGEMENT LLC added4,400,087$1.0B5.5%2026-Q2
JPMORGAN CHASE & CO added3,712,816$882M4.7%2026-Q2
Bank of New York Mellon Corp added3,139,561$748M3.9%2026-Q2
FIL Ltd trimmed2,772,813$661M3.5%2026-Q2
GEODE CAPITAL MANAGEMENT, LLC added2,499,804$593M3.1%2026-Q2
ROYAL BANK OF CANADA trimmed2,235,961$533M2.8%2026-Q2
AMERICAN CENTURY COMPANIES INC trimmed2,011,324$479M2.5%2026-Q2
AMERIPRISE FINANCIAL INC added1,963,732$468M2.5%2026-Q2
VICTORY CAPITAL MANAGEMENT INC trimmed1,831,180$436M2.3%2026-Q2
MILLENNIUM MANAGEMENT LLC added1,692,740$403M2.1%2026-Q2
BANK OF AMERICA CORP /DE/ added1,592,949$380M2.0%2026-Q2
Atlas FRM LLC1,532,500$365M1.9%2026-Q2
Boston Partners trimmed1,456,806$347M1.8%2026-Q2
MORGAN STANLEY trimmed1,381,505$329M1.7%2026-Q2
DIMENSIONAL FUND ADVISORS LP added1,329,859$317M1.7%2026-Q2
Invesco Ltd. added1,189,046$283M1.5%2026-Q2
Select Equity Group, L.P. added1,120,539$267M1.4%2026-Q2
NORGES BANK trimmed1,078,180$257M1.4%2026-Q2
FMR LLC trimmed1,010,216$241M1.3%2026-Q2
NORTHERN TRUST CORP trimmed937,616$223M1.2%2026-Q2
CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed859,097$205M1.1%2026-Q2
GOLDMAN SACHS GROUP INC added674,177$161M0.8%2026-Q2
DEUTSCHE BANK AG\ added558,898$133M0.7%2026-Q2
STIFEL FINANCIAL CORP trimmed555,866$132M0.7%2026-Q2
VANGUARD FIDUCIARY TRUST CO trimmed497,520$119M0.6%2026-Q2
WELLS FARGO & COMPANY/MN trimmed491,627$117M0.6%2026-Q2
PRINCIPAL FINANCIAL GROUP INC added482,542$115M0.6%2026-Q2
Tidal Investments LLC added479,800$114M0.6%2026-Q2
UBS Group AG added467,693$111M0.6%2026-Q2
Legal & General Group Plc trimmed457,325$109M0.6%2026-Q2
WELLINGTON MANAGEMENT GROUP LLP trimmed422,628$101M0.5%2026-Q2
AQR CAPITAL MANAGEMENT LLC trimmed369,579$88M0.5%2026-Q2
WESTFIELD CAPITAL MANAGEMENT CO LP added356,291$85M0.4%2026-Q2
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added355,504$85M0.4%2026-Q2
Pictet Asset Management Holding SA added336,686$80M0.4%2026-Q2
REGIONS FINANCIAL CORP trimmed332,537$79M0.4%2026-Q2
CITIGROUP INC added299,592$71M0.4%2026-Q2
Bahl & Gaynor LLC added285,998$68M0.4%2026-Q2
RAYMOND JAMES FINANCIAL INC added284,404$68M0.4%2026-Q2
WESTWOOD HOLDINGS GROUP INC trimmed283,923$68M0.4%2026-Q2
NEUBERGER BERMAN GROUP LLC added279,225$67M0.4%2026-Q2
Nuveen, LLC trimmed275,459$66M0.3%2026-Q2
BALYASNY ASSET MANAGEMENT L.P. added272,208$65M0.3%2026-Q2
Summit Financial Strategies, Inc. added265,099$63M0.3%2026-Q2
EARNEST PARTNERS LLC trimmed253,957$61M0.3%2026-Q2
Swiss National Bank trimmed251,100$60M0.3%2026-Q2
FIRST TRUST ADVISORS LP trimmed238,505$57M0.3%2026-Q2
SCOPUS ASSET MANAGEMENT, L.P. trimmed232,700$55M0.3%2026-Q2
Mitsubishi UFJ Asset Management Co., Ltd. added215,545$51M0.3%2026-Q2
CITADEL ADVISORS LLC trimmed213,281$51M0.3%2026-Q2
VANGUARD ASSET MANAGEMENT, Ltd added213,232$51M0.3%2026-Q2
Retirement Systems of Alabama trimmed212,145$51M0.3%2026-Q2
Sumitomo Mitsui Trust Group, Inc. trimmed211,242$50M0.3%2026-Q2
ENVESTNET ASSET MANAGEMENT INC trimmed208,575$50M0.3%2026-Q2
ADAGE CAPITAL PARTNERS GP, L.L.C. trimmed208,220$50M0.3%2026-Q2
BNP PARIBAS FINANCIAL MARKETS added198,462$47M0.2%2026-Q2
Vanguard Global Advisers, LLC trimmed191,008$46M0.2%2026-Q2
BARCLAYS PLC trimmed185,256$44M0.2%2026-Q2
RHUMBLINE ADVISERS trimmed185,186$44M0.2%2026-Q2
HSBC HOLDINGS PLC added163,555$39M0.2%2026-Q2
CONNING INC. added161,187$38M0.2%2026-Q2
California Public Employees Retirement System added153,930$37M0.2%2026-Q2
LPL Financial LLC added150,773$36M0.2%2026-Q2
Cinctive Capital Management LP added144,946$35M0.2%2026-Q2
Gotham Asset Management, LLC added144,889$35M0.2%2026-Q2
AE Wealth Management LLC added135,609$32M0.2%2026-Q2
Quantinno Capital Management LP added127,515$30M0.2%2026-Q2
Russell Investments Group, Ltd. trimmed124,292$30M0.2%2026-Q2
Zurich Insurance Group Ltd/FI added113,068$27M0.1%2026-Q2
FIFTH THIRD BANCORP trimmed108,515$26M0.1%2026-Q2
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed103,608$25M0.1%2026-Q2
STRS OHIO added97,233$23M0.1%2026-Q2
ALLIANCEBERNSTEIN L.P. trimmed93,550$20M0.1%2026-Q2
BANK OF MONTREAL /CAN/ added93,040$22M0.1%2026-Q2
Universal- Beteiligungs- und Servicegesellschaft mbH trimmed88,364$21M0.1%2026-Q2
FRANKLIN RESOURCES INC trimmed87,427$21M0.1%2026-Q2
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed84,094$20M0.1%2026-Q2
SEI INVESTMENTS CO trimmed82,657$20M0.1%2026-Q2
LOOMIS SAYLES & CO L P trimmed81,485$19M0.1%2026-Q2
PICTON MAHONEY ASSET MANAGEMENT added80,246$19M0.1%2026-Q2
Jain Global LLC trimmed80,116$19M0.1%2026-Q2
Tredje AP-fonden added79,109$19M0.1%2026-Q2
Corient Private Wealth LP added79,040$19M0.1%2026-Q2
NATIONAL BANK OF CANADA /FI/ added78,544$19M0.1%2026-Q2
WORLDQUANT MILLENNIUM ADVISORS LLC added76,378$18M0.1%2026-Q2
JONES FINANCIAL COMPANIES LLLP added75,766$18M0.1%2026-Q2
PNC Financial Services Group, Inc. trimmed72,612$17M0.1%2026-Q2
TWO SIGMA INVESTMENTS, LP trimmed71,476$17M0.1%2026-Q2
Cannell & Spears LLC trimmed68,917$16M0.1%2026-Q2
SCHRODER INVESTMENT MANAGEMENT GROUP added68,460$16M0.1%2026-Q2
JLB & ASSOCIATES INC trimmed67,916$16M0.1%2026-Q2
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed66,980$16M0.1%2026-Q2
COMMERCE BANK added66,818$16M0.1%2026-Q2
MACKENZIE FINANCIAL CORP added64,839$15M0.1%2026-Q2
Man Group plc added61,939$15M0.1%2026-Q2
Sound Shore Management Inc /CT/ added61,025$15M0.1%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.

HoldersTotal shares

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.

Learn how to read institutional ownership