Pacer US Small Cap Cash Cows 100 ETF
CALF
391 hedge funds and large institutions have $2B invested in Pacer US Small Cap Cash Cows 100 ETF in 2026 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 102 increasing their positions, 186 reducing their positions, and 39 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
1.11% less ownership
Funds ownership: 62.56% → 61.45% (-1.1%)
2% less funds holding
Funds holding: 401 → 391 (-10)
11% less capital invested
Capital invested by funds: $2.26B → $2B (-$257M)
15% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 39
45% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 186
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWP
BlueStem Wealth Partners
Minnetonka,
Minnesota
|
+$12.8M |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$6.34M |
| 3 |
Goldman Sachs
New York
|
+$4.43M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$3.13M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$2.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$39.2M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
-$30.9M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$30.3M |
| 4 |
Morgan Stanley
New York
|
-$28.7M |
| 5 |
Two Sigma Investments
New York
|
-$21.1M |
CALF Hedge Fund Activity: Q1 2026 in Review
391 of the 8,173 institutional investors tracked by Wall St. Rank reported a position in Pacer US Small Cap Cash Cows 100 ETF (CALF) for Q1 2026, worth a combined $2B — down 11% from $2.26B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of CALF and 33 opened new positions — a net loss of 6 holders — while 186 trimmed existing stakes and 102 added.
The largest buyer was BlueStem Wealth Partners, adding an estimated $12.8M. The largest seller was Bank of America, cutting an estimated $39.2M.
- 391 institutional investors held Pacer US Small Cap Cash Cows 100 ETF (CALF) as of Q1 2026, down from 401 in Q4 2025.
- Funds reported $2B of Pacer US Small Cap Cash Cows 100 ETF stock for Q1 2026, down 11% quarter-over-quarter.
- 33 funds opened new Pacer US Small Cap Cash Cows 100 ETF positions in Q1 2026 and 39 closed out, a net change of -6 holders.
- The largest Pacer US Small Cap Cash Cows 100 ETF buyer in Q1 2026 was BlueStem Wealth Partners, an estimated $12.8M added.
- The largest Pacer US Small Cap Cash Cows 100 ETF seller in Q1 2026 was Bank of America, an estimated $39.2M sold.
Based on aggregated 13F filings for Q1 2026.