Ranked by reported Q2 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 | $1.84B | +0.1% | 8.655% | 0.03% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 5.8M | $1.38B | +0.0% | 6.514% | 0.03% |
| 3 | STATE STREET CORP | 4.6M | $1.11B | +8.7% | 5.180% | 0.02% |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 4.4M | $1.05B | +0.4% | 4.938% | 0.05% |
| 5 | JPMORGAN CHASE & CO | 3.7M | $882.4M | +8.3% | 4.167% | 0.05% |
| 6 | Bank of New York Mellon Corp | 3.1M | $748.1M | +40.4% | 3.524% | 0.12% |
| 7 | FIL Ltd | 2.8M | $660.7M | -3.0% | 3.112% | 0.47% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 2.5M | $593.4M | +0.6% | 2.806% | 0.03% |
| 9 | ROYAL BANK OF CANADA | 2.2M | $532.8M | -3.8% | 2.510% | 0.08% |
| 10 | AMERICAN CENTURY COMPANIES INC | 2.0M | $479.3M | -2.7% | 2.257% | 0.21% |
| 11 | AMERIPRISE FINANCIAL INC | 2.0M | $468.0M | +1.2% | 2.204% | 0.09% |
| 12 | VICTORY CAPITAL MANAGEMENT INC | 1.8M | $436.3M | -9.5% | 2.055% | 0.24% |
| 13 | MILLENNIUM MANAGEMENT LLC | 1.7M | $403.3M | +51.7% | 1.900% | 0.15% |
| 14 | BANK OF AMERICA CORP /DE/ | 1.6M | $379.6M | +4.9% | 1.788% | 0.02% |
| 15 | Atlas FRM LLC | 1.5M | $365.2M | 0.0% | 1.720% | 15.64% |
| 16 | Boston Partners | 1.5M | $347.1M | -7.0% | 1.635% | 0.31% |
| 17 | MORGAN STANLEY | 1.4M | $329.2M | -8.5% | 1.550% | 0.02% |
| 18 | DIMENSIONAL FUND ADVISORS LP | 1.3M | $316.9M | +2.6% | 1.493% | 0.06% |
| 19 | Invesco Ltd. | 1.2M | $283.3M | +5.4% | 1.335% | 0.02% |
| 20 | Select Equity Group, L.P. | 1.1M | $267.0M | +9.5% | 1.258% | 1.32% |
| 21 | NORGES BANK | 1.1M | $256.9M | — | 1.210% | 0.03% |
| 22 | FMR LLC | 1.0M | $240.7M | -15.6% | 1.134% | 0.01% |
| 23 | NORTHERN TRUST CORP | 938K | $223.4M | -0.3% | 1.052% | 0.03% |
| 24 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 859K | $204.7M | -0.1% | 0.964% | 0.03% |
| 25 | GOLDMAN SACHS GROUP INC | 674K | $160.6M | +1.3% | 0.757% | 0.01% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in PKG — a direct measure of their conviction.
Filings activity in PKG during Q2 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 899 | +2.4% | 97.78% | +0.62 pp | $19.06B | +16% |
| Q1 2026 | 878 | +2.6% | 97.16% | 0.51 pp | $16.43B | 3.7% |
| Q4 2025 | 856 | +2.1% | 97.67% | +2.88 pp | $17.05B | 2.9% |
| Q3 2025 | 838 | +1.6% | 94.79% | +1.22 pp | $17.56B | +18% |
| Q2 2025 | 825 | 0.5% | 93.57% | +2.72 pp | $14.85B | 1.2% |
| Q1 2025 | 829 | 5.6% | 90.85% | +0.22 pp | $15.04B | 13% |
| Q4 2024 | 878 | +11% | 90.63% | +1.84 pp | $17.31B | +7.6% |
| Q3 2024 | 791 | — | 88.79% | — | $16.08B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying PKG stock.
Based on Q2 2026 13F filings, institutional ownership of Packaging Corporation of America stands at 97.8%, held across 899 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of PKG, with approximately 7,711,541 shares worth $1.84B as of Q2 2026.
Yes — 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 56 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
89 institutions opened new positions in PKG during Q2 2026, while 73 fully exited. 681 added to existing positions and 103 trimmed.
PKG institutional ownership rose by 0.62 percentage points quarter-over-quarter, with a net change of +21 holders.
The top 10 institutions account for 48.7% of all reported 13F value in PKG, and the top 25 account for 73.2%.
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