Pacer US Small Cap Cash Cows 100 ETF
CALF
402 hedge funds and large institutions have $2.46B invested in Pacer US Small Cap Cash Cows 100 ETF in 2025 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 92 increasing their positions, 220 reducing their positions, and 44 closing their positions.
0.99% less ownership
Funds ownership: 62.15% → 61.16% (-0.99%)
5% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 44
3% less funds holding
Funds holding: 415 → 402 (-13)
6% less capital invested
Capital invested by funds: $2.61B → $2.46B (-$150M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
58% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 220
Top Buyers
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$25.9M |
| 2 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$7.88M |
| 3 |
PA
PSI Advisors
Tampa,
Florida
|
+$7.35M |
| 4 |
SF
Summit Financial
Parsippany,
New Jersey
|
+$3.94M |
| 5 |
HIP
HUB Investment Partners
Austin,
Texas
|
+$3.67M |
Top Sellers
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$84.5M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$25M |
| 3 |
LPL Financial
San Diego,
California
|
-$23.4M |
| 4 |
Morgan Stanley
New York
|
-$22.6M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$20.8M |
CALF Hedge Fund Activity: Q3 2025 in Review
402 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Pacer US Small Cap Cash Cows 100 ETF (CALF) for Q3 2025, worth a combined $2.46B — down 5.8% from $2.61B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of CALF and 42 opened new positions — a net loss of 2 holders — while 220 trimmed existing stakes and 92 added.
The largest buyer was Cetera Investment Advisers, adding an estimated $25.9M. The largest seller was Bank of America, cutting an estimated $84.5M.
- 402 institutional investors held Pacer US Small Cap Cash Cows 100 ETF (CALF) as of Q3 2025, down from 415 in Q2 2025.
- Funds reported $2.46B of Pacer US Small Cap Cash Cows 100 ETF stock for Q3 2025, down 5.8% quarter-over-quarter.
- 42 funds opened new Pacer US Small Cap Cash Cows 100 ETF positions in Q3 2025 and 44 closed out, a net change of -2 holders.
- The largest Pacer US Small Cap Cash Cows 100 ETF buyer in Q3 2025 was Cetera Investment Advisers, an estimated $25.9M added.
- The largest Pacer US Small Cap Cash Cows 100 ETF seller in Q3 2025 was Bank of America, an estimated $84.5M sold.
Based on aggregated 13F filings for Q3 2025.