Pacer US Cash Cows 100 ETF
COWZ
881 hedge funds and large institutions have $12.1B invested in Pacer US Cash Cows 100 ETF in 2026 Q1 according to their latest regulatory filings, with 101 funds opening new positions, 344 increasing their positions, 338 reducing their positions, and 54 closing their positions.
139% more call options, than puts
Call options by funds: $644K | Put options by funds: $269K
87% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 54
4% more funds holding
Funds holding: 846 → 881 (+35)
2% more repeat investments, than reductions
Existing positions increased: 344 | Existing positions reduced: 338
1% less capital invested
Capital invested by funds: $12.1B → $12.1B (-$71.9M)
0.71% less ownership
Funds ownership: 67.17% → 66.45% (-0.71%)
6% less funds holding in top 10
Funds holding in top 10: 72 → 68 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$103M |
| 2 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$32.6M |
| 3 |
Goldman Sachs
New York
|
+$27.2M |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$15.2M |
| 5 |
Jones Financial Companies
Des Peres,
Missouri
|
+$14.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$147M |
| 2 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
-$58.2M |
| 3 |
Morgan Stanley
New York
|
-$42.4M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$42.4M |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$38.7M |
COWZ Hedge Fund Activity: Q1 2026 in Review
881 of the 8,172 institutional investors tracked by Wall St. Rank reported a position in Pacer US Cash Cows 100 ETF (COWZ) for Q1 2026, worth a combined $12.1B — down 0.59% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new COWZ positions and 54 closed out — a net gain of 47 holders — while 344 added to existing stakes and 338 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $103M. The largest seller was Bank of America, cutting an estimated $147M.
- 881 institutional investors held Pacer US Cash Cows 100 ETF (COWZ) as of Q1 2026, up from 846 in Q4 2025.
- Funds reported $12.1B of Pacer US Cash Cows 100 ETF stock for Q1 2026, down 0.59% quarter-over-quarter.
- 101 funds opened new Pacer US Cash Cows 100 ETF positions in Q1 2026 and 54 closed out, a net change of +47 holders.
- The largest Pacer US Cash Cows 100 ETF buyer in Q1 2026 was Envestnet Asset Management, an estimated $103M added.
- The largest Pacer US Cash Cows 100 ETF seller in Q1 2026 was Bank of America, an estimated $147M sold.
Based on aggregated 13F filings for Q1 2026.