Pacer Developed Markets International Cash Cows 100 ETF
ICOW
143 hedge funds and large institutions have $1.08B invested in Pacer Developed Markets International Cash Cows 100 ETF in 2023 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 69 increasing their positions, 28 reducing their positions, and 8 closing their positions.
413% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 8
146% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 28
78% more funds holding in top 10
Funds holding in top 10: 9 → 16 (+7)
65% more capital invested
Capital invested by funds: $656M → $1.08B (+$424M)
30% more funds holding
Funds holding: 110 → 143 (+33)
10.91% more ownership
Funds ownership: 85.02% → 95.93% (+11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$108M |
| 2 |
SPWG
Syntegra Private Wealth Group
Chesterfield,
Missouri
|
+$45.8M |
| 3 |
ACM
Alpha Capital Management
Austin,
Texas
|
+$19M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$15.2M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.97M |
| 2 |
SC
Sepio Capital
Salt Lake City,
Utah
|
-$2.47M |
| 3 |
GCA
Greenwood Capital Associates
Greenwood,
South Carolina
|
-$1.85M |
| 4 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
-$1.83M |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$1.58M |
ICOW Hedge Fund Activity: Q4 2023 in Review
143 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Pacer Developed Markets International Cash Cows 100 ETF (ICOW) for Q4 2023, worth a combined $1.08B — up 65% from $656M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new ICOW positions and 8 closed out — a net gain of 33 holders — while 69 added to existing stakes and 28 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $108M. The largest seller was Envestnet Asset Management, cutting an estimated $2.97M.
- 143 institutional investors held Pacer Developed Markets International Cash Cows 100 ETF (ICOW) as of Q4 2023, up from 110 in Q3 2023.
- Funds reported $1.08B of Pacer Developed Markets International Cash Cows 100 ETF stock for Q4 2023, up 65% quarter-over-quarter.
- 41 funds opened new Pacer Developed Markets International Cash Cows 100 ETF positions in Q4 2023 and 8 closed out, a net change of +33 holders.
- The largest Pacer Developed Markets International Cash Cows 100 ETF buyer in Q4 2023 was Morgan Stanley, an estimated $108M added.
- The largest Pacer Developed Markets International Cash Cows 100 ETF seller in Q4 2023 was Envestnet Asset Management, an estimated $2.97M sold.
Based on aggregated 13F filings for Q4 2023.