PKG ranks #555 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
PKG is a top-conviction position for Atlas FRM LLC — at 15.6% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in PKG belongs to BlackRock, Inc., but the position matters far more to Atlas FRM LLC, who has 15.6% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Price T Rowe Associates Inc /md/ has added to its PKG position for two straight quarters, increasing it by $806.7M to reach $1.4B today.
Cliff Asness has trimmed its PKG position for two straight quarters, cutting it by $87.8M while still holding $87.6M.
PKG is up 1.9% today, and institutions have been net buyers of $5.0B this quarter — today's price move and the underlying institutional flow are pointing the same direction.