Pacer Cash Cows Fund of Funds ETF
HERD
37 hedge funds and large institutions have $63.9M invested in Pacer Cash Cows Fund of Funds ETF in 2025 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 3 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
1.6% more ownership
Funds ownership: 71.93% → 73.52% (+1.6%)
4% more capital invested
Capital invested by funds: $61.7M → $63.9M (+$2.23M)
5% less funds holding
Funds holding: 39 → 37 (-2)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.14M |
| 2 |
LPL Financial
San Diego,
California
|
+$673K |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$439K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$412K |
| 5 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
+$308K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.83M |
| 2 |
ARG
Advisory Resource Group
Tulsa,
Oklahoma
|
-$745K |
| 3 |
FFS
Founders Financial Securities
Towson,
Maryland
|
-$294K |
| 4 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
-$287K |
| 5 |
Rockefeller Capital Management
New York
|
-$147K |
HERD Hedge Fund Activity: Q3 2025 in Review
37 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Pacer Cash Cows Fund of Funds ETF (HERD) for Q3 2025, worth a combined $63.9M — up 3.6% from $61.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of HERD and 2 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 17 added.
The largest buyer was Cetera Investment Advisers, adding an estimated $1.14M. The largest seller was Commonwealth Equity Services, cutting an estimated $2.83M.
- 37 institutional investors held Pacer Cash Cows Fund of Funds ETF (HERD) as of Q3 2025, down from 39 in Q2 2025.
- Funds reported $63.9M of Pacer Cash Cows Fund of Funds ETF stock for Q3 2025, up 3.6% quarter-over-quarter.
- 2 funds opened new Pacer Cash Cows Fund of Funds ETF positions in Q3 2025 and 3 closed out, a net change of -1 holder.
- The largest Pacer Cash Cows Fund of Funds ETF buyer in Q3 2025 was Cetera Investment Advisers, an estimated $1.14M added.
- The largest Pacer Cash Cows Fund of Funds ETF seller in Q3 2025 was Commonwealth Equity Services, an estimated $2.83M sold.
Based on aggregated 13F filings for Q3 2025.