Pacer Cash Cows Fund of Funds ETF
HERD
24 hedge funds and large institutions have $42M invested in Pacer Cash Cows Fund of Funds ETF in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
14% more funds holding
Funds holding: 21 → 24 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less capital invested
Capital invested by funds: $45.2M → $42M (-$3.19M)
12.54% less ownership
Funds ownership: 78.16% → 65.62% (-13%)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.29M |
| 2 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
+$377K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$320K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$210K |
| 5 |
PWM
Prosperity Wealth Management
San Ramon,
California
|
+$92.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$1.79M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.36M |
| 3 |
Jane Street
New York
|
-$1.2M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.02M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$982K |
HERD Hedge Fund Activity: Q3 2023 in Review
24 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Pacer Cash Cows Fund of Funds ETF (HERD) for Q3 2023, worth a combined $42M — down 7% from $45.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new HERD positions and 1 closed out — a net gain of 3 holders — while 6 added to existing stakes and 9 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $2.29M. The largest seller was Cetera Advisor Networks, cutting an estimated $1.79M.
- 24 institutional investors held Pacer Cash Cows Fund of Funds ETF (HERD) as of Q3 2023, up from 21 in Q2 2023.
- Funds reported $42M of Pacer Cash Cows Fund of Funds ETF stock for Q3 2023, down 7% quarter-over-quarter.
- 4 funds opened new Pacer Cash Cows Fund of Funds ETF positions in Q3 2023 and 1 closed out, a net change of +3 holders.
- The largest Pacer Cash Cows Fund of Funds ETF buyer in Q3 2023 was Envestnet Asset Management, an estimated $2.29M added.
- The largest Pacer Cash Cows Fund of Funds ETF seller in Q3 2023 was Cetera Advisor Networks, an estimated $1.79M sold.
Based on aggregated 13F filings for Q3 2023.