Pacer US Cash Cows 100 ETF
COWZ
801 hedge funds and large institutions have $13.8B invested in Pacer US Cash Cows 100 ETF in 2025 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 246 increasing their positions, 432 reducing their positions, and 82 closing their positions.
413% more call options, than puts
Call options by funds: $1.92M | Put options by funds: $375K
1.12% less ownership
Funds ownership: 68.27% → 67.15% (-1.1%)
4% less funds holding
Funds holding: 834 → 801 (-33)
15% less capital invested
Capital invested by funds: $16.1B → $13.8B (-$2.36B)
28% less funds holding in top 10
Funds holding in top 10: 115 → 83 (-32)
32% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 82
43% less repeat investments, than reductions
Existing positions increased: 246 | Existing positions reduced: 432
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Soundwatch Capital
Rowayton,
Connecticut
|
+$134M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$35.4M |
| 3 |
LPL Financial
San Diego,
California
|
+$18M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$14.3M |
| 5 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$445M |
| 2 |
Morgan Stanley
New York
|
-$291M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$177M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$135M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$134M |
COWZ Hedge Fund Activity: Q2 2025 in Review
801 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Pacer US Cash Cows 100 ETF (COWZ) for Q2 2025, worth a combined $13.8B — down 15% from $16.1B a quarter earlier.
Sellers outnumbered buyers: 82 funds closed out of COWZ and 56 opened new positions — a net loss of 26 holders — while 432 trimmed existing stakes and 246 added.
The largest buyer was Soundwatch Capital, adding an estimated $134M. The largest seller was Bank of America, cutting an estimated $445M.
- 801 institutional investors held Pacer US Cash Cows 100 ETF (COWZ) as of Q2 2025, down from 834 in Q1 2025.
- Funds reported $13.8B of Pacer US Cash Cows 100 ETF stock for Q2 2025, down 15% quarter-over-quarter.
- 56 funds opened new Pacer US Cash Cows 100 ETF positions in Q2 2025 and 82 closed out, a net change of -26 holders.
- The largest Pacer US Cash Cows 100 ETF buyer in Q2 2025 was Soundwatch Capital, an estimated $134M added.
- The largest Pacer US Cash Cows 100 ETF seller in Q2 2025 was Bank of America, an estimated $445M sold.
Based on aggregated 13F filings for Q2 2025.