Victory Capital Management Boosts Stake in Packaging Corporation of America

Investment firm increases holdings in industrial packaging company by over 21% in Q3

Published on Mar. 3, 2026

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Victory Capital Management Inc. grew its position in Packaging Corporation of America (NYSE:PKG) by 21.2% during the 3rd quarter, according to a recent SEC filing. The investment firm now owns 1,788,060 shares of the industrial products company, representing about 1.99% of Packaging Corporation's outstanding stock.

Why it matters

Packaging Corporation of America is a major North American manufacturer of containerboard and corrugated packaging products, serving industries like e-commerce, food and beverage, and consumer goods. Victory Capital's increased stake signals confidence in the company's growth prospects and market positioning.

The details

According to the 13F filing, Victory Capital purchased an additional 312,226 shares of Packaging Corporation of America during the third quarter, bringing its total holdings to 1,788,060 shares. This represents about 1.99% of the company's outstanding stock. Packaging Corporation of America produces a range of paper-based packaging solutions including linerboard, corrugating medium, shipping containers, and retail displays.

  • Victory Capital Management filed its 13F report for the 3rd quarter of 2026 on March 3, 2026.

The players

Victory Capital Management Inc.

An investment management firm that oversees over $150 billion in assets for individual and institutional clients.

Packaging Corporation of America

A leading North American manufacturer of containerboard and corrugated packaging products, serving industries like e-commerce, food and beverage, and consumer goods.

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The takeaway

Victory Capital's increased stake in Packaging Corporation of America signals confidence in the company's market position and growth potential within the industrial packaging sector. As e-commerce and consumer demand continue to drive packaging needs, Packaging Corporation's vertically integrated operations and diverse product portfolio position it well to capitalize on these trends.