Packaging Corp of America (PKG) shareholders
PKGNYSEPaperboard Containers & BoxesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 13/3049% above fair value
$253.01−1.22 (-0.48%)
Close on Nov 11, 2026Market cap $22.54BP/E 31.2Yield 1.98%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
98.1%
87M of 89M shares
Institutional holders
898
103 new, 74 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
0 buys · 6 sales
Net sold $15.00M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 7,421,407 | 8.30% | 13G (passive) amendment | Mar 31, 2025 |
| Vanguard Capital Management | 6,717,139 | 7.54% | 13G (passive) | Mar 31, 2026 |
| T. Rowe Price Associates, Inc. | 6,525,012 | 7.30% | 13G (passive) | Mar 31, 2026 |
| State Street Corporation | 4,620,150 | 5.20% | 13G (passive) | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of PKG | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 7,711,541 | 8.66% | $1.84B | +4,967 | 0.03% |
| Price T Rowe Associates Inc /Md/ | 5,823,442 | 6.54% | $1.39B | −699,281 | 0.14% |
| Vanguard Capital Management LLC | 5,803,824 | 6.51% | $1.38B | +1,570 | 0.03% |
| State Street Corp | 4,615,464 | 5.18% | $1.11B | +371,020 | 0.03% |
| Vanguard Portfolio Management LLC | 4,400,087 | 4.94% | $1.05B | +19,517 | 0.05% |
| JPMorgan Chase & Co | 3,712,816 | 4.17% | $882.35M | +285,777 | 0.05% |
| Bank of New York Mellon Corp | 3,139,561 | 3.52% | $748.09M | +903,977 | 0.12% |
| FIL Ltd | 2,772,813 | 3.11% | $660.71M | −85,110 | 0.47% |
| Geode Capital Management, LLC | 2,499,804 | 2.81% | $593.40M | +14,068 | 0.03% |
| Royal Bank of Canada | 2,235,961 | 2.51% | $532.79M | −87,049 | 0.08% |
| American Century Companies Inc | 2,011,324 | 2.26% | $479.26M | −55,213 | 0.21% |
| Ameriprise Financial Inc | 1,963,732 | 2.20% | $467.98M | +23,016 | 0.09% |
| Victory Capital Management Inc | 1,831,180 | 2.06% | $436.33M | −192,938 | 0.24% |
| Millennium Management LLC | 1,692,740 | 1.90% | $403.35M | +577,075 | 0.15% |
| Bank Of America Corp /De/ | 1,592,949 | 1.79% | $379.57M | +74,849 | 0.02% |
| Atlas FRM LLC | 1,532,500 | 1.72% | $365.16M | – | 15.64% |
| Boston Partners | 1,456,806 | 1.64% | $347.08M | −110,084 | 0.31% |
| Morgan Stanley | 1,381,505 | 1.55% | $329.19M | −129,055 | 0.02% |
| Dimensional Fund Advisors LP | 1,329,859 | 1.49% | $316.88M | +33,192 | 0.06% |
| Invesco Ltd. | 1,189,046 | 1.33% | $283.33M | +60,656 | 0.02% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 898 | 87M | 98.1% | 103 / 349 | 296 / 74 | 6M | 5M |
| Q1 2026 | 882 | 87M | 97.4% | 109 / 322 | 296 / 81 | 21M | 11M |
| Q4 2025 | 869 | 88M | 98.2% | 115 / 297 | 327 / 85 | 8M | 8M |
| Q3 2025 | 858 | 88M | 98.8% | 122 / 307 | 278 / 92 | 12M | 8M |
| Q2 2025 | 841 | 85M | 94.9% | 88 / 321 | 298 / 94 | 8M | 6M |
| Q1 2025 | 857 | 82M | 92.1% | 81 / 315 | 327 / 116 | 8M | 8M |
| Q4 2024 | 902 | 82M | 91.9% | 157 / 313 | 295 / 56 | 8M | 9M |
| Q3 2024 | 816 | 83M | 93.7% | 115 / 281 | 287 / 64 | 14M | 6M |
| Q2 2024 | 772 | 84M | 94.2% | 72 / 294 | 275 / 65 | 5M | 7M |
| Q1 2024 | 775 | 86M | 96.3% | 100 / 266 | 290 / 58 | 7M | 6M |
| Q4 2023 | 742 | 85M | 95.8% | 138 / 249 | 248 / 25 | 9M | 5M |
| Q3 2023 | 643 | 81M | 91.0% | 60 / 235 | 230 / 63 | 4M | 5M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
699 funds held PKG in Q2 2026, 46% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of PKG | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 2,828,011 | 3.17% | $673.86M | 0.03% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 2,293,135 | 2.57% | $546.41M | 0.03% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 1,930,630 | 2.17% | $460.03M | 0.21% | Jun 30, 2026 |
| JPMorgan Equity Income Fund | 1,322,810 | 1.48% | $315.20M | 0.72% | Jun 30, 2026 |
| Victory Sycamore Established Value Fund | 1,285,000 | 1.44% | $306.19M | 1.98% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 1,217,340 | 1.37% | $290.07M | 0.03% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 1,143,684 | 1.28% | $250.36M | 0.03% | May 31, 2026 |
| Columbia Dividend Income Fund | 1,095,477 | 1.23% | $239.81M | 0.51% | May 31, 2026 |
| Disciplined Value Mid Cap Fund | 999,118 | 1.12% | $238.07M | 1.03% | Jun 30, 2026 |
| State Street(R) Materials Select Sector SPDR(R) ETF | 967,609 | 1.09% | $230.56M | 2.82% | Jun 30, 2026 |
| Invesco S&P 500 Equal Weight ETF | 860,046 | 0.97% | $211.43M | 0.22% | Jul 31, 2026 |
| T. Rowe Price U.S. Large-Cap Core Fund, Inc. | 849,028 | 0.95% | $202.31M | 1.12% | Jun 30, 2026 |
| Vanguard Value Index Fund | 847,366 | 0.95% | $201.91M | 0.08% | Jun 30, 2026 |
| BNY Mellon Dynamic Value Fund | 809,249 | 0.91% | $177.15M | 1.46% | May 31, 2026 |
| T. Rowe Price Value Fund, Inc. | 746,605 | 0.84% | $177.90M | 0.52% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Mark W. Kowlzan | Chairman & CEO, Director | 496,678 | 0.56% | May 28, 2026 |
| Donald R. Shirley | Exec. VP | 25,611 | 0.03% | Aug 24, 2026 |
| Thomas A. Hassfurther | President | 303,222 | 0.34% | Aug 11, 2026 |
| Charles J. Carter | EVP-Mill Ops. | 60,046 | 0.07% | Mar 31, 2026 |
| Kent A. Pflederer | EVP & CFO | 79,545 | 0.09% | Mar 31, 2026 |
| Darla J. Olivier | SVP | 27,397 | 0.03% | Mar 31, 2026 |
| Fabian Celestin Strauss | SVP Finance | 4,244 | 0.00% | Mar 10, 2026 |
| Joseph Vaughn | SVP | 11,618 | 0.01% | Feb 26, 2026 |
| Heidi L. Patton | SVP | 7,873 | 0.01% | Feb 26, 2026 |
| Robert P. Mundy | EVP & CFO | 48,482 | 0.05% | Apr 8, 2025 |
| Samuel M. Mencoff | Director | 345,720 | 0.39% | May 13, 2026 |
| Donna A. Harman | Director | 5,179 | 0.01% | May 12, 2026 |
| Robert C. Lyons | Director | 13,429 | 0.02% | May 12, 2026 |
| Cheryl K. Beebe | Director | 15,104 | 0.02% | May 12, 2026 |
| Thomas S. Souleles | Director | 11,202 | 0.01% | May 12, 2026 |
| Roger B. Porter | Director | 22,604 | 0.03% | May 12, 2026 |
| Karen E. Gowland | Director | 2,118 | 0.00% | May 12, 2026 |
| Duane C. Farrington | Director | 7,243 | 0.01% | May 12, 2026 |
| Paul T. Stecko | Director | 9,492 | 0.01% | May 9, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Donald R. Shirley Exec. VP | Aug 20, 2026 | Sale | −12,000 | $250.71 | $3.01M | 19,110 |
| Thomas A. Hassfurther President | Aug 7, 2026 | Sale | −7,063 | $254.00 | $1.79M | 202,891 |
| Thomas A. Hassfurther President | Aug 5, 2026 | Sale | −8,797 | $257.00 | $2.26M | 209,954 |
| Thomas A. Hassfurther President | Aug 3, 2026 | Sale | −12,531 | $250.00 | $3.13M | 218,751 |
| Mark W. Kowlzan Chairman & CEO, Director | May 27, 2026 | Sale | −9,266 | $217.08 | $2.01M | 473,610 |
| Samuel M. Mencoff Director | May 12, 2026 | Award | +591 | – | – | 270,194 |
| Karen E. Gowland Director | May 12, 2026 | Award | +591 | – | – | 2,118 |
| Thomas S. Souleles Director | May 12, 2026 | Award | +591 | – | – | 11,202 |
| Duane C. Farrington Director | May 12, 2026 | Award | +591 | – | – | 7,243 |
| Robert C. Lyons Director | May 12, 2026 | Award | +591 | – | – | 13,429 |
| Donna A. Harman Director | May 12, 2026 | Award | +591 | – | – | 5,179 |
| Cheryl K. Beebe Director | May 12, 2026 | Award | +591 | – | – | 15,104 |
| Roger B. Porter Director | May 12, 2026 | Award | +591 | – | – | 22,604 |
| Donald R. Shirley Exec. VP | Mar 27, 2026 | Award | +6,254 | – | – | 33,282 |
| Donald R. Shirley Exec. VP | Mar 27, 2026 | Award | +478 | – | – | 33,760 |
| Donald R. Shirley Exec. VP | Mar 27, 2026 | Tax withholding | −2,650 | $212.25 | $562.46K | 31,110 |
| Thomas A. Hassfurther President | Mar 27, 2026 | Tax withholding | −12,615 | $212.25 | $2.68M | 231,282 |
| Thomas A. Hassfurther President | Mar 27, 2026 | Award | +2,279 | – | – | 243,897 |
| Thomas A. Hassfurther President | Mar 27, 2026 | Award | +29,778 | – | – | 241,618 |
| Mark W. Kowlzan Chairman & CEO, Director | Mar 27, 2026 | Award | +43,010 | – | – | 500,097 |
| Mark W. Kowlzan Chairman & CEO, Director | Mar 27, 2026 | Award | +3,292 | – | – | 503,389 |
| Mark W. Kowlzan Chairman & CEO, Director | Mar 27, 2026 | Tax withholding | −20,513 | $212.25 | $4.35M | 482,876 |
| Charles J. Carter EVP-Mill Ops. | Mar 27, 2026 | Award | +8,282 | – | – | 53,496 |
| Charles J. Carter EVP-Mill Ops. | Mar 27, 2026 | Tax withholding | −3,509 | $212.25 | $744.79K | 50,621 |
| Charles J. Carter EVP-Mill Ops. | Mar 27, 2026 | Award | +634 | – | – | 54,130 |
| Darla J. Olivier SVP | Mar 27, 2026 | Tax withholding | −1,055 | $212.25 | $223.92K | 27,397 |
| Darla J. Olivier SVP | Mar 27, 2026 | Award | +2,260 | – | – | 28,279 |
| Darla J. Olivier SVP | Mar 27, 2026 | Award | +173 | – | – | 28,452 |
| Kent A. Pflederer EVP & CFO | Mar 27, 2026 | Award | +5,596 | – | – | 75,303 |
| Kent A. Pflederer EVP & CFO | Mar 27, 2026 | Award | +428 | – | – | 75,731 |
| Kent A. Pflederer EVP & CFO | Mar 27, 2026 | Tax withholding | −2,670 | $212.25 | $566.71K | 73,061 |
| Thomas A. Hassfurther President | Mar 6, 2026 | Tax withholding | −4,917 | $222.52 | $1.09M | 211,840 |
| Thomas A. Hassfurther President | Mar 6, 2026 | Award | +11,474 | – | – | 215,739 |
| Thomas A. Hassfurther President | Mar 6, 2026 | Award | +1,018 | – | – | 216,757 |
| Darla J. Olivier SVP | Mar 6, 2026 | Award | +104 | – | – | 26,578 |
| Darla J. Olivier SVP | Mar 6, 2026 | Tax withholding | −559 | $222.52 | $124.39K | 26,019 |
| Darla J. Olivier SVP | Mar 6, 2026 | Award | +1,182 | – | – | 26,474 |
| Mark W. Kowlzan Chairman & CEO, Director | Mar 6, 2026 | Tax withholding | −8,025 | $222.52 | $1.79M | 457,087 |
| Mark W. Kowlzan Chairman & CEO, Director | Mar 6, 2026 | Award | +1,476 | – | – | 465,112 |
| Mark W. Kowlzan Chairman & CEO, Director | Mar 6, 2026 | Award | +16,637 | – | – | 463,636 |
| Charles J. Carter EVP-Mill Ops. | Mar 6, 2026 | Award | +384 | – | – | 47,071 |
| Charles J. Carter EVP-Mill Ops. | Mar 6, 2026 | Tax withholding | −1,857 | $222.52 | $413.22K | 45,214 |
| Charles J. Carter EVP-Mill Ops. | Mar 6, 2026 | Award | +4,331 | – | – | 46,687 |
| Donald R. Shirley Exec. VP | Mar 6, 2026 | Award | +290 | – | – | 28,430 |
| Donald R. Shirley Exec. VP | Mar 6, 2026 | Tax withholding | −1,402 | $222.52 | $311.97K | 27,028 |
| Donald R. Shirley Exec. VP | Mar 6, 2026 | Award | +3,270 | – | – | 28,140 |
| Kent A. Pflederer EVP & CFO | Mar 6, 2026 | Award | +259 | – | – | 71,119 |
| Kent A. Pflederer EVP & CFO | Mar 6, 2026 | Tax withholding | −1,412 | $222.52 | $314.20K | 69,707 |
| Kent A. Pflederer EVP & CFO | Mar 6, 2026 | Award | +2,926 | – | – | 70,860 |
| Darla J. Olivier SVP | Feb 25, 2026 | Award | +1,157 | – | – | 25,292 |
| Donald R. Shirley Exec. VP | Feb 25, 2026 | Award | +2,774 | – | – | 24,870 |
| Joseph Vaughn SVP | Feb 25, 2026 | Award | +1,480 | – | – | 11,167 |
| Charles J. Carter EVP-Mill Ops. | Feb 25, 2026 | Award | +4,213 | – | – | 42,356 |
| Kent A. Pflederer EVP & CFO | Feb 25, 2026 | Award | +2,774 | – | – | 67,934 |
| Heidi L. Patton SVP | Feb 25, 2026 | Award | +814 | – | – | 6,479 |
| Thomas A. Hassfurther President | Feb 25, 2026 | Award | +11,719 | – | – | 204,265 |
| Mark W. Kowlzan Chairman & CEO, Director | Feb 25, 2026 | Award | +16,992 | – | – | 446,999 |
| Darla J. Olivier SVP | Feb 23, 2026 | Tax withholding | −513 | $225.55 | $115.71K | 57,538 |
| Joseph Vaughn SVP | Feb 23, 2026 | Tax withholding | −531 | $225.55 | $119.77K | 9,687 |
| Kent A. Pflederer EVP & CFO | Feb 23, 2026 | Tax withholding | −1,297 | $225.55 | $292.54K | 65,160 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
3.22%
3M shares short
Days to cover
3.4
At 1M shares a day
Change since last report
-11.0%
From 3M shares
Short volume, 20 days
58.1%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Packaging Corp of America's stock actually held short. Settlement fails (shares not delivered on time) peaked at 1,151 shares on Aug 26, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Donald R. Shirley Director | Aug 20, 2026 | 12,000 | $3.00M | Aug 20, 2026 | Stock bonus |
| Thomas A. Hassfurther Officer | Jul 28, 2026 | 28,391 | $7.28M | Jul 28, 2026 | Employee Compensation |
| Mark W. Kowlzan Member of immediate family of any of the foregoing | May 27, 2026 | 9,266 | $1.97M | May 27, 2026 | Stock Award |
| Thomas A. Hassfurther Officer | Feb 13, 2026 | 26,450 | $6.53M | Feb 13, 2026 | Stock Grants |
| Thomas A. Hassfurther Officer | Feb 5, 2026 | 12,129 | $2.80M | Feb 5, 2026 | Employee Compensation |
| Mark W. Kowlzan 10% Stockholder | Sep 11, 2025 | 25,000 | $5.38M | Sep 11, 2025 | Stock Award |
| Joseph Vaughn Officer | Dec 3, 2024 | 2,300 | $563.25K | Dec 3, 2024 | Restricted stock vesting under a registered plan |
| Paul T. Stecko Director | Nov 21, 2024 | 10,500 | $2.58M | Nov 21, 2024 | Acquired as compensation -- Restricted Stock Awards |
| Donald R. Shirley Officer | Nov 12, 2024 | 8,000 | $1.92M | Nov 12, 2024 | STOCK BONUS |
| Robert P. Mundy Officer | Nov 8, 2024 | 12,500 | $3.00M | Nov 8, 2024 | stock award |
| Mark W. Kowlzan 10% Stockholder | Nov 6, 2024 | 66,640 | $16.04M | Nov 6, 2024 | Stock Award |
| Thomas A. Hassfurther Officer | Nov 6, 2024 | 19,738 | $4.79M | Nov 6, 2024 | Executive compensation |
| Donald R. Shirley Officer | Jul 24, 2024 | 6,000 | $1.17M | Jul 25, 2024 | STOCK BONUS |
| Charles J. Carter Officer | Jul 24, 2024 | 5,389 | $1.04M | Jul 25, 2024 | STOCK BONUS |
| Mundy Family Trust Robert P. Mundy, trustee DTD 09/01/2016 Officer | Mar 6, 2024 | 10,000 | $1.82M | Mar 6, 2024 | private transaction |
See a number that looks wrong?