GRAPHIC PACKAGING HLDG CO GPK
COM · Common Stock · CUSIP 388689101 · ISIN US3886891015
American packaging company
- SectorMaterials
- IndustryPaperboard Containers & Boxes
- HeadquartersAtlanta, GA
- Founded1978
- Websitegraphicpkg.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($9.4m this quarter). Holder counts are more reliable. Shares outstanding: 295.7m as of 2026-02-27, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $9.92. Options: 9 managers hold calls ($9.0m notional), 10 hold puts ($4.1m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 360 |
| Q4 2022 | 405 |
| Q1 2023 | 417 |
| Q2 2023 | 471 |
| Q3 2023 | 433 |
| Q4 2023 | 452 |
| Q1 2024 | 481 |
| Q2 2024 | 467 |
| Q3 2024 | 502 |
| Q4 2024 | 517 |
| Q1 2025 | 496 |
| Q2 2025 | 448 |
| Q3 2025 | 447 |
| Q4 2025 | 439 |
| Q1 2026 | 446 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 224 | 227 |
| Q3 2024 | 218 | 236 |
| Q4 2024 | 203 | 263 |
| Q1 2025 | 217 | 262 |
| Q2 2025 | 221 | 269 |
| Q3 2025 | 228 | 242 |
| Q4 2025 | 230 | 231 |
| Q1 2026 | 276 | 186 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $450.8k | $3.5m | 7.71 |
| Q3 2025 | $11.1m | $875.9k | 0.08 |
| Q4 2025 | $4.7m | $2.2m | 0.48 |
| Q1 2026 | $9.0m | $4.1m | 0.45 |
Biggest buyers
| BlackRock, Inc. | Added | +10.3m |
| MANNING & NAPIER ADVISORS LLC | Added | +8.3m |
| CITADEL ADVISORS LLC | Added | +4.5m |
| MILLENNIUM MANAGEMENT LLC | Added | +3.8m |
| Qube Research & Technologies Ltd | Added | +3.6m |
| D. E. Shaw & Co., Inc. | Added | +2.4m |
| OpenArc Corporate Advisory, LLC | Added | +2.3m |
| TWO SIGMA INVESTMENTS, LP | Added | +2.0m |
| MORGAN STANLEY | Added | +1.9m |
| TUDOR INVESTMENT CORP ET AL | New | +1.6m |
Biggest sellers
| FULLER & THALER ASSET MANAGEMENT, INC. | Reduced | -17.1m |
| EMINENCE CAPITAL, LP | Sold out | -12.8m |
| AMERICAN CENTURY COMPANIES INC | Reduced | -11.4m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -6.2m |
| CAUSEWAY CAPITAL MANAGEMENT LLC | Sold out | -4.5m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -3.3m |
| Ensign Peak Advisors, Inc | Reduced | -2.4m |
| JPMORGAN CHASE & CO | Reduced | -2.2m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -2.1m |
| Rubric Capital Management LP | Sold out | -2.0m |
Biggest calls
| JANE STREET GROUP, LLC | Added | $2.3m230.1k shares |
| CITADEL ADVISORS LLC | Added | $1.8m176.7k shares |
| Walleye Capital LLC | New | $1.2m123.5k shares |
| GROUP ONE TRADING LLC | Added | $1.2m117.4k shares |
| D. E. Shaw & Co., Inc. | New | $1,000.0k100.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $897.6k90.3k shares |
| SIMPLEX TRADING, LLC | Added | $333.0k33.5k shares |
| IMC-Chicago, LLC | New | $311.1k31.3k shares |
| Walleye Trading LLC | New | $49.7k5.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.1m114.7k shares |
| LOGAN CAPITAL MANAGEMENT INC | New | $873.8k87.9k shares |
| CITADEL ADVISORS LLC | Added | $606.3k61.0k shares |
| JANE STREET GROUP, LLC | Added | $344.9k34.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $312.1k31.4k shares |
| Walleye Capital LLC | New | $282.3k28.4k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $254.5k25.6k shares |
| IMC-Chicago, LLC | New | $125.2k12.6k shares |
| D. E. Shaw & Co., Inc. | New | $99.4k10.0k shares |
| Walleye Trading LLC | Unchanged | $57.7k5.8k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +2.2 pts · filed 2026-04-07 | 11.0% |
| FMR LLC 13G · institution +4.7 pts · filed 2026-09-08 | 10.6% |
| FULLER & THALER ASSET MANAGEMENT, INC. 13G · institution +1.1 pts · filed 2026-08-14 | 7.1% |
| AQR CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-08-13 | 6.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: Allspring Global Investments Holdings, LLC (0.1%, 2026-07-31), VANGUARD PORTFOLIO MANAGEMENT LLC (5.0%, 2026-07-31; now reported by VANGUARD CAPITAL MANAGEMENT LLC), AMERICAN CENTURY INVESTMENT MANAGEMENT INC (2.6%, 2026-05-01), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q1 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 1 | $163.9k | — |
| Q3 2024 | 0 | — | 1 | $8.4m | — |
| Q4 2024 | 0 | — | 2 | $1.1m | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 2 | $2.1m | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 2 | $700.5k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-04 | Rietbroek Robbert President and CEO, director | Bought | $501.2k44.3k shares |
| 2026-03-04 | Venturelli Larry M Director | Bought | $124.3k10.9k shares |
| 2026-03-04 | Venturelli Larry M Director · By Trust | Bought | $68.1k6.0k shares |
| 2026-03-04 | Venturelli Larry M Director | Bought | $6.8k600 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 36.4m $361.8m | Added +10.3m |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.68% of their portfolio | 20.3m $201.9m | Reduced -17.1m |
| Allspring Global Investments Holdings, LLC 0.29% of their portfolio | 18.0m $172.7m | Reduced -1.5m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 14.5m $144.2m | First filing |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 13.3m $131.9m | First filing |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 10.9m $108.0m | Reduced -864.2k |
| STATE STREET CORP 0.00% of their portfolio | 10.1m $101.6m | Added +234.1k |
| FMR LLC 0.01% of their portfolio | 10.0m $99.4m | Reduced -1.5m |
| DME Capital Management, LP 2.83% of their portfolio | 9.1m $90.5m | Added +684.9k |
| MANNING & NAPIER ADVISORS LLC 1.19% of their portfolio | 8.5m $84.3m | Added +8.3m |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 8.0m $78.3m | Reduced -724.6k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 7.8m $77.5m | Reduced -11.4m |
| UBS Group AG 0.01% of their portfolio | 7.6m $75.5m | Reduced -1.4m |
| THOMPSON SIEGEL & WALMSLEY LLC 1.32% of their portfolio | 7.5m $74.5m | Added +1.3m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 7.5m $74.1m | Reduced -3.3m |
| MORGAN STANLEY 0.00% of their portfolio | 6.3m $62.4m | Added +1.9m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 5.9m $58.4m | Added +211.2k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 5.5m $54.4m | Added +4.5m |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 5.3m $52.6m | Added +3.8m |
| Qube Research & Technologies Ltd 0.06% of their portfolio | 4.6m $45.7m | Added +3.6m |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 4.5m $45.0m | Reduced -2.1m |
| SHAPIRO CAPITAL MANAGEMENT LLC 2.65% of their portfolio | 4.3m $42.5m | Reduced -1.6m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 3.9m $38.9m | Added +538.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 3.7m $37.1m | Added +391.0k |
| LETKO, BROSSEAU & ASSOCIATES INC 0.56% of their portfolio | 3.5m $34.5m | Added +19.1k |
| Squarepoint Ops LLC 0.07% of their portfolio | 3.5m $34.3m | Added +416.1k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 3.1m $31.2m | Added +2.4m |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 2.9m $28.5m | Added +2.0m |
| MARSHALL WACE, LLP 0.03% of their portfolio | 2.7m $27.0m | Added +1.0m |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.7m $26.8m | Added +390.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 2.4m $24.3m | Added +72.8k |
| OpenArc Corporate Advisory, LLC 0.33% of their portfolio | 2.4m $23.4m | Added +2.3m |
| Bank of New York Mellon Corp 0.00% of their portfolio | 2.0m $20.2m | Added +251.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio | 1.8m $18.3m | Added +885.0k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 1.8m $18.2m | First filing |
| LSV ASSET MANAGEMENT 0.04% of their portfolio | 1.8m $17.5m | Reduced -153.5k |
| Pictet Asset Management Holding SA 0.02% of their portfolio | 1.7m $17.2m | Added +102.7k |
| TUDOR INVESTMENT CORP ET AL 0.08% of their portfolio | 1.6m $15.8m | New |
| SEI INVESTMENTS CO 0.01% of their portfolio | 1.6m $15.5m | Added +61.6k |
| ALGERT GLOBAL LLC 0.23% of their portfolio | 1.6m $15.5m | New |
| HRT FINANCIAL LP 0.05% of their portfolio | 1.5m $15.0m | Added +708.8k |
| Boston Partners 0.02% of their portfolio | 1.5m $14.8m | New |
| PRIVATE MANAGEMENT GROUP INC 0.39% of their portfolio | 1.3m $13.4m | New |
| BARCLAYS PLC 0.00% of their portfolio | 1.3m $13.2m | Added +1.1m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 1.3m $12.9m | Reduced -4.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 1.3m $12.8m | Added +803.2k |
| Invesco Ltd. 0.00% of their portfolio | 1.3m $12.5m | Added +148.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 1.2m $12.4m | Reduced -45.4k |
| Holocene Advisors, LP 0.03% of their portfolio | 1.2m $12.3m | Added +1.0m |
| Trexquant Investment LP 0.09% of their portfolio | 1.2m $12.0m | Added +849.6k |
| MILFORD FUNDS LTD 0.25% of their portfolio | 1.2m $11.7m | Reduced -1.7m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 1.1m $11.4m | New |
| Man Group plc 0.02% of their portfolio | 1.1m $11.3m | Added +185.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 1.1m $10.7m | Added +617.0k |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 1.1m $10.5m | Added +811.7k |
| Callodine Capital Management, LP 0.72% of their portfolio | 1.0m $10.2m | Added +4.0k |
| CAPITAL FUND MANAGEMENT S.A. 0.09% of their portfolio | 1.0m $10.2m | Added +812.2k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 984.2k $9.3m | Added +188.0k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 954.0k $9.5m | Added +129.2k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 910.7k $9.1m | Added +245.8k |
| GLENMEDE TRUST CO NA 0.04% of their portfolio | 905.9k $9.0m | Added +415.5k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 866.3k $8.6m | New |
| AMG National Trust Bank 0.18% of their portfolio | 843.0k $8.4m | Unchanged |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 798.5k $7.9m | Reduced -1.3m |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 772.0k $7.7m | Reduced -182.5k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 771.9k $7.7m | Reduced -29.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 748.1k $7.4m | Reduced -30.3k |
| SKBA CAPITAL MANAGEMENT LLC 1.00% of their portfolio | 733.3k $7.3m | Added +38.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 728.3k $7.2m | Reduced -1.7m |
| XTX Topco Ltd 0.12% of their portfolio | 673.0k $6.7m | Added +505.3k |
| Schonfeld Strategic Advisors LLC 0.05% of their portfolio | 657.1k $6.5m | Added +510.6k |
| Jump Financial, LLC 0.10% of their portfolio | 648.2k $6.4m | Added +544.1k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.02% of their portfolio | 613.0k $6.1m | Added +402.9k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.31% of their portfolio | 596.9k $5.7m | Added +434.6k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 596.2k $5.9m | Reduced -176.8k |
| Swiss National Bank 0.00% of their portfolio | 584.1k $5.8m | Unchanged |
| Seven Six Capital Management, LLC 6.19% of their portfolio | 579.2k $5.8m | Added +11.7k |
| Kingsview Wealth Management, LLC 0.08% of their portfolio | 566.5k $5.6m | Added +74.1k |
| CAXTON ASSOCIATES LLP 0.13% of their portfolio | 547.0k $5.4m | New |
| 683 Capital Management, LLC 0.48% of their portfolio | 517.7k $5.1m | Unchanged |
| Y-Intercept (Hong Kong) Ltd 0.10% of their portfolio | 513.1k $5.1m | Added +161.2k |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 504.9k $5.0m | Added +98.5k |
| Nuveen, LLC 0.00% of their portfolio | 466.3k $4.6m | Added +68.1k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.35% of their portfolio | 458.8k $4.6m | Added +133.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 457.3k $4.3m | Reduced -2.2m |
| Lighthouse Investment Partners, LLC 0.17% of their portfolio | 446.0k $4.4m | New |
| Legal & General Group Plc 0.00% of their portfolio | 445.4k $4.4m | Reduced -22.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio | 438.8k $4.2m | New |
| Creative Planning 0.00% of their portfolio | 435.4k $4.3m | Added +266.6k |
| FIFTH THIRD BANCORP 0.01% of their portfolio | 418.2k $4.2m | Added +413.0k |
| TWINBEECH CAPITAL LP 0.42% of their portfolio | 405.0k $4.0m | Added +358.1k |
| Bragg Financial Advisors, Inc 0.12% of their portfolio | 387.9k $3.9m | Added +5.5k |
| California Public Employees Retirement System 0.00% of their portfolio | 382.2k $3.8m | Reduced -153.9k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 380.5k $3.8m | First filing |
| AXQ CAPITAL, LP 0.47% of their portfolio | 370.5k $3.7m | Added +339.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 362.1k $5.5m | Reduced -6.2m |
| Retirement Systems of Alabama 0.01% of their portfolio | 361.8k $3.6m | Added +7.6k |
| LM Asset Management Inc. 2.16% of their portfolio | 360.0k $3.6m | New |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 357.5k $3.6m | New |
| GSA CAPITAL PARTNERS LLP 0.22% of their portfolio | 354.2k $3.5m | Added +303.8k |