First Trust Advisors Cuts Packaging Corporation of America Stake

Investment firm reduces holdings in industrial products company by 9.4% in Q3

Published on Mar. 9, 2026

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First Trust Advisors LP decreased its holdings in Packaging Corporation of America (NYSE:PKG) by 9.4% in the third quarter, according to a recent SEC filing. The firm owned 503,822 shares of the industrial products company's stock after selling 52,327 shares during the quarter.

Why it matters

Packaging Corporation of America is a major North American manufacturer of containerboard and corrugated packaging products, serving industries like e-commerce, grocery, and consumer goods. Changes in institutional ownership can signal shifts in market sentiment around the company.

The details

First Trust Advisors, an investment management firm, reduced its stake in Packaging Corporation of America during the third quarter. The firm now owns 0.56% of the company's outstanding shares, down from 0.62% previously. The move comes as Packaging Corporation has seen its stock price fluctuate in recent months amid broader market volatility.

  • First Trust Advisors filed the 13F report disclosing the stake reduction on March 9, 2026.

The players

First Trust Advisors LP

An investment management firm that has reduced its holdings in Packaging Corporation of America.

Packaging Corporation of America

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

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The takeaway

The reduction in First Trust Advisors' stake in Packaging Corporation of America reflects broader market uncertainty, but the company remains a major player in the industrial packaging sector serving key industries.