RANPAK HOLDINGS CORP PACK
COM CL A · Common Stock · CUSIP 75321W103
American paper products manufacturer
- SectorMaterials
- IndustryConverted Paper & Paperboard Prods (No Contaners/Boxes)
- HeadquartersConcord Township, OH
- Websiteranpak.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 ($3.7m this quarter). Holder counts are more reliable. Shares outstanding: 85.8m as of 2026-07-23, 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 ≈ $7.31. Options: 2 managers hold calls ($297.5k notional), 1 hold puts ($731).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 125 |
| Q4 2022 | 112 |
| Q1 2023 | 122 |
| Q2 2023 | 118 |
| Q3 2023 | 116 |
| Q4 2023 | 117 |
| Q1 2024 | 117 |
| Q2 2024 | 125 |
| Q3 2024 | 144 |
| Q4 2024 | 129 |
| Q1 2025 | 132 |
| Q2 2025 | 112 |
| Q3 2025 | 109 |
| Q4 2025 | 119 |
| Q1 2026 | 118 |
| Q2 2026 | 135 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 79 | 52 |
| Q4 2024 | 65 | 65 |
| Q1 2025 | 63 | 65 |
| Q2 2025 | 56 | 82 |
| Q3 2025 | 57 | 56 |
| Q4 2025 | 59 | 45 |
| Q1 2026 | 60 | 59 |
| Q2 2026 | 78 | 46 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $2.3m | $2.1k | 0.00 |
| Q4 2025 | $261.3k | $0 | 0.00 |
| Q1 2026 | $0 | $38.9k | — |
| Q2 2026 | $297.5k | $731 | 0.00 |
Biggest buyers
| First Eagle Investment Management, LLC | Added | +1.3m |
| BlackRock, Inc. | Added | +448.2k |
| TUDOR INVESTMENT CORP ET AL | Added | +424.0k |
| Simcoe Capital LLC | Added | +409.3k |
| ROYCE & ASSOCIATES LP | Added | +327.5k |
| Invesco Ltd. | Added | +222.6k |
| CITADEL ADVISORS LLC | Added | +219.5k |
| Trexquant Investment LP | New | +187.0k |
| ALGERT GLOBAL LLC | Added | +183.1k |
| DIMENSIONAL FUND ADVISORS LP | Added | +123.1k |
Biggest sellers
| G2 Investment Partners Management LLC | Reduced | -1.6m |
| CenterBook Partners LP | Reduced | -932.1k |
| KENNEDY CAPITAL MANAGEMENT LLC | Sold out | -729.2k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -604.2k |
| UBS Group AG | Reduced | -380.6k |
| Meros Investment Management, LP | Reduced | -269.7k |
| ArrowMark Colorado Holdings LLC | Reduced | -261.4k |
| Petrus Trust Company, LTA | Reduced | -254.8k |
| CastleKnight Management LP | Reduced | -232.9k |
| Ulysses Management LLC | Reduced | -176.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $289.5k39.6k shares |
| SIMPLEX TRADING, LLC | New | $8.0k1.1k shares |
Biggest puts
| GROUP ONE TRADING LLC | New | $731100 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 |
|---|---|
| JS Capital Management LLC 13D · may seek influence filed 2025-01-29 | 36.7% |
Insider purchases and sales since 1 Apr 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.
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| JS Capital Management LLC 100.00% of their portfolio | 30.5m $223.2m | Unchanged |
| SOROS CAPITAL MANAGEMENT LLC 6.05% of their portfolio | 4.6m $33.8m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 3.6m $26.1m | Added +448.2k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 3.2m $23.2m | Added +123.1k |
| Schusterman Interests, LLC 5.76% of their portfolio | 3.0m $22.1m | Unchanged |
| Petrus Trust Company, LTA 1.86% of their portfolio | 2.7m $19.8m | Reduced -254.8k |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 2.1m $15.6m | Added +1.3m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 2.0m $14.8m | Added +84.9k |
| Portolan Capital Management, LLC 0.52% of their portfolio | 1.9m $13.9m | Reduced -52.8k |
| ArrowMark Colorado Holdings LLC 0.57% of their portfolio | 1.9m $13.7m | Reduced -261.4k |
| ROYCE & ASSOCIATES LP 0.11% of their portfolio | 1.9m $13.5m | Added +327.5k |
| Samjo Management, LLC 3.54% of their portfolio | 1.4m $10.4m | Added +88.9k |
| G2 Investment Partners Management LLC 1.66% of their portfolio | 1.2m $9.1m | Reduced -1.6m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.2m $8.6m | Added +78.3k |
| Simcoe Capital LLC 4.89% of their portfolio | 1.1m $8.0m | Added +409.3k |
| STATE STREET CORP 0.00% of their portfolio | 945.6k $6.9m | Added +28.8k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.12% of their portfolio | 897.3k $6.6m | Added +68.7k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 889.0k $6.5m | Reduced -604.2k |
| CenterBook Partners LP 0.31% of their portfolio | 875.8k $6.4m | Reduced -932.1k |
| Meros Investment Management, LP 1.66% of their portfolio | 717.8k $5.2m | Reduced -269.7k |
| CastleKnight Management LP 0.15% of their portfolio | 568.1k $4.2m | Reduced -232.9k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 526.7k $3.9m | Reduced -31.9k |
| ALGERT GLOBAL LLC 0.05% of their portfolio | 523.4k $3.8m | Added +183.1k |
| FORMULA GROWTH LTD 1.34% of their portfolio | 522.1k $3.8m | Reduced -172.5k |
| Ulysses Management LLC 1.30% of their portfolio | 515.9k $3.8m | Reduced -176.4k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.07% of their portfolio | 506.0k $3.7m | Reduced -109.2k |
| Empowered Funds, LLC 0.02% of their portfolio | 501.6k $3.7m | Added +18.7k |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 444.5k $3.2m | Added +424.0k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 440.8k $3.2m | Added +36.3k |
| UBS Group AG 0.00% of their portfolio | 398.5k $2.9m | Reduced -380.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 396.4k $2.9m | Added +25.4k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 395.3k $2.9m | Added +219.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 373.6k $2.7m | Added +41.5k |
| Invesco Ltd. 0.00% of their portfolio | 304.2k $2.2m | Added +222.6k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 292.7k $2.1m | Added +16.3k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.01% of their portfolio | 260.1k $1.9m | Reduced -147.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 244.9k $1.8m | Added +36.4k |
| Trexquant Investment LP 0.01% of their portfolio | 187.0k $1.4m | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 172.4k $1.3m | Added +56.3k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 169.7k $1.2m | Added +54.8k |
| Nuveen, LLC 0.00% of their portfolio | 167.4k $1.2m | Added +61.8k |
| MORGAN STANLEY 0.00% of their portfolio | 158.2k $1.2m | Added +28.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 142.9k $1.0m | Added +9.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 126.8k $927.0k | Added +21.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 117.3k $857.5k | New |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 113.1k $827.0k | New |
| Quent Capital, LLC 0.05% of their portfolio | 101.5k $742.0k | Unchanged |
| GABELLI FUNDS LLC 0.00% of their portfolio | 97.5k $712.7k | Reduced -4.0k |
| Cerity Partners LLC 0.00% of their portfolio | 94.2k $688.8k | Added +6.2k |
| Inspire Investing, LLC 0.03% of their portfolio | 92.6k $677.2k | Reduced -51.4k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 84.8k $619.6k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 80.0k $585.1k | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 77.5k $566.2k | New |
| Boston Partners 0.00% of their portfolio | 76.7k $560.9k | Reduced -9.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 72.3k $518.3k | Added +51.3k |
| Creative Planning 0.00% of their portfolio | 70.4k $514.4k | Added +37.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 69.8k $249.1k | Reduced -4.3k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 59.3k $433.5k | Reduced -138 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 52.2k $381.2k | Reduced -46.1k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 49.9k $365.0k | New |
| PDT Partners, LLC 0.02% of their portfolio | 47.6k $348.0k | Reduced -3.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 44.1k $322.5k | Added +29.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 43.8k $319.9k | Reduced -83.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 41.0k $299.7k | Added +23.2k |
| Dynamic Technology Lab Private Ltd 0.06% of their portfolio | 38.4k $280.0k | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 29.2k $213.2k | Added +1.0k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 27.1k $197.9k | Added +8.8k |
| Quantinno Capital Management LP 0.00% of their portfolio | 26.7k $194.9k | Added +10.0k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 25.0k $182.9k | Added +1.2k |
| Granite Investment Partners, LLC 0.01% of their portfolio | 24.4k $178.7k | Reduced -13.2k |
| OLD NATIONAL BANCORP /IN/ 0.00% of their portfolio | 23.0k $168.1k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 22.6k $164.9k | Added +20.4k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 22.5k $164.5k | Added +172 |
| FOX RUN MANAGEMENT, L.L.C. 0.03% of their portfolio | 21.9k $160.1k | New |
| XTX Topco Ltd 0.00% of their portfolio | 21.5k $156.8k | Reduced -1.8k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 18.8k $137.2k | Reduced -102.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 18.2k $133.0k | Added +8.2k |
| GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio | 18.0k $131.6k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 17.2k $125.7k | Reduced -947 |
| Semanteon Capital Management, LP 0.55% of their portfolio | 16.7k $122.0k | New |
| Brevan Howard Capital Management LP 0.00% of their portfolio | 15.8k $115.8k | Added +1.2k |
| Sequoia Financial Advisors, LLC 0.00% of their portfolio | 15.8k $115.6k | New |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 14.9k $108.6k | Added +3.0k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 14.9k $108.6k | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 14.6k $106.8k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 13.7k $100.3k | Reduced -1.0k |
| Vise Technologies, Inc. 0.00% of their portfolio | 13.7k $100.0k | New |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 13.0k $94.7k | Unchanged |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 12.3k $89.0k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 12.2k $89.2k | Reduced -130 |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 11.7k $85.4k | New |
| Fisher Asset Management, LLC 0.00% of their portfolio | 11.5k $83.8k | Unchanged |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 11.2k $81.5k | New |
| Ballast, Inc. 0.02% of their portfolio | 10.9k $79.9k | Unchanged |
| TWO SIGMA SECURITIES, LLC 0.01% of their portfolio | 10.6k $77.1k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 10.2k $74.3k | Added +9.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 10.1k $74.2k | New |
| Aquatic Capital Management LLC 0.00% of their portfolio | 9.4k $68.9k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 4.9k $35.5k | Added +1.6k |
| Legal & General Group Plc 0.00% of their portfolio | 4.7k $34.7k | Added +691 |