Pacer US Large Cap Cash Cows Growth Leaders ETF
COWG
241 hedge funds and large institutions have $1.7B invested in Pacer US Large Cap Cash Cows Growth Leaders ETF in 2025 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 128 increasing their positions, 61 reducing their positions, and 19 closing their positions.
110% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 61
89% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 19
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
7% more funds holding
Funds holding: 225 → 241 (+16)
1.5% more ownership
Funds ownership: 68.19% → 69.68% (+1.5%)
1% less capital invested
Capital invested by funds: $1.72B → $1.7B (-$18.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rockefeller Capital Management
New York
|
+$17.5M |
| 2 |
LPL Financial
San Diego,
California
|
+$14.5M |
| 3 |
HAS
HBW Advisory Services
Simi Valley,
California
|
+$6.73M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$6.52M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$36M |
| 2 |
DIM
Delta Investment Management
San Francisco,
California
|
-$15.7M |
| 3 |
YCG
Yeomans Consulting Group
Marietta,
Georgia
|
-$14.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$11.2M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NL
251
NWAM LLC
Mercer Island,
Washington
| – | -$390K | -10,828 | Closed |
|
|
TWM
252
TCFG Wealth Management
Laguna Niguel,
California
| – | -$368K | -10,135 | Closed |
|
253
Optiver Holding
Amsterdam,
Netherlands
| – | -$285K | -7,849 | Closed |
|
|
IWA
254
IVC Wealth Advisors
Silverdale,
Pennsylvania
| – | -$272K | -7,500 | Closed |
|
|
FSA
255
Fort Sheridan Advisors
Highland Park,
Illinois
| – | -$271K | -7,475 | Closed |
|
|
FFN
256
Focus Financial Network
Minneapolis,
Minnesota
| – | -$229K | -6,312 | Closed |
|
|
CSP
257
Cary Street Partners
Richmond,
Virginia
| – | -$227K | -6,244 | Closed |
|
|
SWMG
258
Stillwater Wealth Management Group
Juno Beach,
Florida
| – | -$223K | -6,138 | Closed |
|
|
MGIA
259
Moneta Group Investment Advisors
St Louis,
Missouri
| – | -$215K | -5,922 | Closed |
|
|
MAM
260
MMA Asset Management
Conshohocken,
Pennsylvania
| – | -$24.6K | -679 | Closed |
|
261
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$36 | +1 | +11% |
|
COWG Hedge Fund Activity: Q4 2025 in Review
241 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) for Q4 2025, worth a combined $1.7B — down 1.1% from $1.72B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new COWG positions and 19 closed out — a net gain of 17 holders — while 128 added to existing stakes and 61 trimmed.
The largest buyer was Rockefeller Capital Management, adding an estimated $17.5M. The largest seller was Morgan Stanley, cutting an estimated $36M.
- 241 institutional investors held Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) as of Q4 2025, up from 225 in Q3 2025.
- Funds reported $1.7B of Pacer US Large Cap Cash Cows Growth Leaders ETF stock for Q4 2025, down 1.1% quarter-over-quarter.
- 36 funds opened new Pacer US Large Cap Cash Cows Growth Leaders ETF positions in Q4 2025 and 19 closed out, a net change of +17 holders.
- The largest Pacer US Large Cap Cash Cows Growth Leaders ETF buyer in Q4 2025 was Rockefeller Capital Management, an estimated $17.5M added.
- The largest Pacer US Large Cap Cash Cows Growth Leaders ETF seller in Q4 2025 was Morgan Stanley, an estimated $36M sold.
Based on aggregated 13F filings for Q4 2025.