Pacer US Cash Cows 100 ETF
COWZ
793 hedge funds and large institutions have $12.5B invested in Pacer US Cash Cows 100 ETF in 2025 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 264 increasing their positions, 403 reducing their positions, and 52 closing their positions.
4% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 52
1% less funds holding
Funds holding: 804 → 793 (-11)
1.86% less ownership
Funds ownership: 66.66% → 64.8% (-1.9%)
23% less funds holding in top 10
Funds holding in top 10: 84 → 65 (-19)
34% less repeat investments, than reductions
Existing positions increased: 264 | Existing positions reduced: 403
83% less capital inflows, than outflows
Capital inflows: $325M | Capital outflows: $1.96B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$80.7M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
+$46.8M |
| 3 |
Corient Private Wealth
Miami,
Florida
|
+$28.5M |
| 4 |
DW30
Drucker Wealth 3.0
Woodcliff Lake,
New Jersey
|
+$12.1M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$9.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$405M |
| 2 |
Morgan Stanley
New York
|
-$159M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$145M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$127M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$76M |
COWZ Hedge Fund Activity: Q3 2025 in Review
793 of the 7,647 institutional investors tracked by Wall St. Rank reported a position in Pacer US Cash Cows 100 ETF (COWZ) for Q3 2025, worth a combined $12.5B — down 9.2% from $13.8B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new COWZ positions and 52 closed out — a net gain of 2 holders — while 264 added to existing stakes and 403 trimmed.
The largest buyer was Cetera Investment Advisers, adding an estimated $80.7M. The largest seller was Bank of America, cutting an estimated $405M.
- 793 institutional investors held Pacer US Cash Cows 100 ETF (COWZ) as of Q3 2025, down from 804 in Q2 2025.
- Funds reported $12.5B of Pacer US Cash Cows 100 ETF stock for Q3 2025, down 9.2% quarter-over-quarter.
- 54 funds opened new Pacer US Cash Cows 100 ETF positions in Q3 2025 and 52 closed out, a net change of +2 holders.
- The largest Pacer US Cash Cows 100 ETF buyer in Q3 2025 was Cetera Investment Advisers, an estimated $80.7M added.
- The largest Pacer US Cash Cows 100 ETF seller in Q3 2025 was Bank of America, an estimated $405M sold.
Based on aggregated 13F filings for Q3 2025.