Pacer US Large Cap Cash Cows Growth Leaders ETF
COWG
248 hedge funds and large institutions have $1.59B invested in Pacer US Large Cap Cash Cows Growth Leaders ETF in 2026 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 107 increasing their positions, 86 reducing their positions, and 21 closing their positions.
81% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 21
24% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 86
12% more capital invested
Capital invested by funds: $1.42B → $1.59B (+$169M)
5% more funds holding
Funds holding: 237 → 248 (+11)
0.07% less ownership
Funds ownership: 67.05% → 66.98% (-0.07%)
36% less funds holding in top 10
Funds holding in top 10: 11 → 7 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EFG
Ethos Financial Group
King Of Prussia,
Pennsylvania
|
+$7.79M |
| 2 |
Morgan Stanley
New York
|
+$4.1M |
| 3 |
AWA
ARQ Wealth Advisors
Scottsdale,
Arizona
|
+$3.52M |
| 4 |
Two Sigma Investments
New York
|
+$3.48M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$33.4M |
| 2 |
TIA
Traphagen Investment Advisors
Oradell,
New Jersey
|
-$31.7M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$11M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$7.8M |
| 5 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$7.11M |
COWG Hedge Fund Activity: Q2 2026 in Review
248 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) for Q2 2026, worth a combined $1.59B — up 12% from $1.42B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new COWG positions and 21 closed out — a net gain of 17 holders — while 107 added to existing stakes and 86 trimmed.
The largest buyer was Ethos Financial Group, opening a new position worth an estimated $7.79M. The largest seller was Wells Fargo, cutting an estimated $33.4M.
- 248 institutional investors held Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) as of Q2 2026, up from 237 in Q1 2026.
- Funds reported $1.59B of Pacer US Large Cap Cash Cows Growth Leaders ETF stock for Q2 2026, up 12% quarter-over-quarter.
- 38 funds opened new Pacer US Large Cap Cash Cows Growth Leaders ETF positions in Q2 2026 and 21 closed out, a net change of +17 holders.
- The largest Pacer US Large Cap Cash Cows Growth Leaders ETF buyer in Q2 2026 was Ethos Financial Group, an estimated $7.79M added.
- The largest Pacer US Large Cap Cash Cows Growth Leaders ETF seller in Q2 2026 was Wells Fargo, an estimated $33.4M sold.
Based on aggregated 13F filings for Q2 2026.