Pacer US Cash Cows 100 ETF
COWZ
26 hedge funds and large institutions have $87M invested in Pacer US Cash Cows 100 ETF in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 6 closing their positions.
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
8% more funds holding
Funds holding: 24 → 26 (+2)
18% less capital invested
Capital invested by funds: $106M → $87M (-$18.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
570.3% less ownership
Funds ownership: 622.8% → 52.5% (-570%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.62M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.59M |
| 4 |
Goldman Sachs
New York
|
+$2.25M |
| 5 |
LPL Financial
San Diego,
California
|
+$2.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$12.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$5.07M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.76M |
| 4 |
FF
Fluent Financial
Dallas,
Texas
|
-$4.37M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$877K |
COWZ Hedge Fund Activity: Q4 2018 in Review
26 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Pacer US Cash Cows 100 ETF (COWZ) for Q4 2018, worth a combined $87M — down 18% from $106M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new COWZ positions and 6 closed out — a net gain of 2 holders — while 13 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.4M. The largest seller was Cetera Advisor Networks, cutting an estimated $12.4M.
- 26 institutional investors held Pacer US Cash Cows 100 ETF (COWZ) as of Q4 2018, up from 24 in Q3 2018.
- Funds reported $87M of Pacer US Cash Cows 100 ETF stock for Q4 2018, down 18% quarter-over-quarter.
- 8 funds opened new Pacer US Cash Cows 100 ETF positions in Q4 2018 and 6 closed out, a net change of +2 holders.
- The largest Pacer US Cash Cows 100 ETF buyer in Q4 2018 was Morgan Stanley, an estimated $10.4M added.
- The largest Pacer US Cash Cows 100 ETF seller in Q4 2018 was Cetera Advisor Networks, an estimated $12.4M sold.
Based on aggregated 13F filings for Q4 2018.