Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in PKG held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 7.7M | $1.64B | -1.0% | 8.638% | 0.03% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 5.8M | $1.23B | β | 6.504% | 0.03% |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 4.4M | $929.6M | β | 4.910% | 0.05% |
| 4 | STATE STREET CORP | 4.2M | $906.0M | +1.4% | 4.758% | 0.03% |
| 5 | FIL Ltd | 2.9M | $606.5M | +2.3% | 3.204% | 0.47% |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 2.5M | $525.6M | +2.7% | 2.786% | 0.03% |
| 7 | ROYAL BANK OF CANADA | 2.3M | $493.0M | +25.2% | 2.604% | 0.09% |
| 8 | Bank of New York Mellon Corp | 2.2M | $474.4M | +3.2% | 2.506% | 0.09% |
| 9 | AMERICAN CENTURY COMPANIES INC | 2.1M | $438.6M | -4.2% | 2.316% | 0.23% |
| 10 | VICTORY CAPITAL MANAGEMENT INC | 2.0M | $429.6M | -12.3% | 2.269% | 0.28% |
| 11 | AMERIPRISE FINANCIAL INC | 1.9M | $411.9M | -0.4% | 2.175% | 0.10% |
| 12 | Boston Partners | 1.6M | $332.5M | -4.1% | 1.756% | 0.35% |
| 13 | Atlas FRM LLC | 1.5M | $325.2M | +54.8% | 1.718% | 21.29% |
| 14 | BANK OF AMERICA CORP /DE/ | 1.5M | $322.2M | +2.6% | 1.702% | 0.02% |
| 15 | MORGAN STANLEY | 1.5M | $320.6M | +16.8% | 1.693% | 0.02% |
| 16 | DIMENSIONAL FUND ADVISORS LP | 1.3M | $275.2M | +2.6% | 1.453% | 0.06% |
| 17 | FMR LLC | 1.2M | $254.1M | +1.3% | 1.342% | 0.01% |
| 18 | Invesco Ltd. | 1.1M | $239.5M | +4.5% | 1.265% | 0.04% |
| 19 | MILLENNIUM MANAGEMENT LLC | 1.1M | $236.8M | -38.9% | 1.251% | 0.16% |
| 20 | Select Equity Group, L.P. | 1.0M | $217.1M | +110.0% | 1.147% | 1.19% |
| 21 | NORTHERN TRUST CORP | 940K | $199.6M | -10.5% | 1.054% | 0.03% |
| 22 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 860K | $182.6M | -75.3% | 0.965% | 0.03% |
| 23 | GOLDMAN SACHS GROUP INC | 666K | $141.3M | +50.9% | 0.746% | 0.02% |
| 24 | STIFEL FINANCIAL CORP | 563K | $119.5M | +1.6% | 0.631% | 0.11% |
| 25 | VANGUARD FIDUCIARY TRUST CO | 503K | $106.8M | β | 0.564% | 0.03% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in PKG β a direct measure of their conviction.
Filings activity in PKG during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new PKG position in Q1 2026
Institutions that fully closed their PKG position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 861 | +0.7% | 77.05% | 6.68 pp | $15.69B | 8.0% |
| Q4 2025 | 855 | +2.3% | 83.73% | 2.48 pp | $17.05B | 2.9% |
| Q3 2025 | 836 | +1.3% | 86.21% | +13.26 pp | $17.55B | +18% |
| Q2 2025 | 825 | 0.5% | 72.95% | 0.91 pp | $14.85B | 1.2% |
| Q1 2025 | 829 | 5.6% | 73.86% | 11.14 pp | $15.04B | 13% |
| Q4 2024 | 878 | +11% | 85.00% | +6.02 pp | $17.31B | +7.6% |
| Q3 2024 | 791 | +5.3% | 78.98% | 4.09 pp | $16.08B | 4.9% |
| Q2 2024 | 751 | β | 83.07% | β | $16.91B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying PKG stock.
Based on Q1 2026 13F filings, institutional ownership of Packaging Corporation of America stands at 77.0%, held across 861 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of PKG, with approximately 7,706,574 shares worth $1.64B as of Q1 2026.
Yes β 1 widely-followed marquee investor appear among the top 25 institutional holders of PKG, including MILLENNIUM MANAGEMENT LLC.
Our composite Smart Money Score for PKG is 39 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
117 institutions opened new positions in PKG during Q1 2026, while 111 fully exited. 543 added to existing positions and 198 trimmed.
PKG institutional ownership fell by 6.68 percentage points quarter-over-quarter, with a net change of +6 holders.
The top 10 institutions account for 48.9% of all reported 13F value in PKG, and the top 25 account for 72.4%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Packaging Corporation of America (PKG) Institutional Ownership