Citigroup Decreases Stake in Packaging Corporation of America

Institutional investor sells over 9,000 shares of industrial products company

Published on Feb. 28, 2026

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Citigroup Inc. decreased its position in shares of Packaging Corporation of America (NYSE:PKG) by 10.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,171 shares of the industrial products company's stock after selling 9,237 shares.

Why it matters

Packaging Corporation of America is a major North American manufacturer of containerboard and corrugated packaging products. Changes in institutional ownership can signal shifts in investor sentiment and market expectations for the company.

The details

Citigroup sold 9,237 shares of Packaging Corporation of America in the third quarter, reducing its stake in the company to 81,171 shares. The institutional investor now owns 0.09% of Packaging Corporation of America's outstanding shares. Other hedge funds have also recently adjusted their positions in the industrial products company.

  • Citigroup decreased its position in Packaging Corporation of America during the 3rd quarter of 2025.

The players

Citigroup Inc.

A multinational investment bank and financial services corporation.

Packaging Corporation of America

A leading North American manufacturer of containerboard and corrugated packaging products.

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The takeaway

The decrease in Citigroup's stake in Packaging Corporation of America could signal a shift in investor sentiment towards the industrial products company, though the reasons behind the sale are not entirely clear from the information provided.