Pacer Developed Markets International Cash Cows 100 ETF
ICOW
89 hedge funds and large institutions have $387M invested in Pacer Developed Markets International Cash Cows 100 ETF in 2023 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 37 increasing their positions, 12 reducing their positions, and 2 closing their positions.
1,750% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 2
208% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 12
125% more funds holding in top 10
Funds holding in top 10: 4 → 9 (+5)
100% more capital invested
Capital invested by funds: $193M → $387M (+$194M)
65% more funds holding
Funds holding: 54 → 89 (+35)
0.03% less ownership
Funds ownership: 86.95% → 86.92% (-0.03%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$43M |
| 2 |
AC
AlphaCore Capital
La Jolla,
California
|
+$14.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$12.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$9.33M |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$8.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.17M |
| 2 |
CNWM
Clay Northam Wealth Management
Huntington Beach,
California
|
-$990K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$928K |
| 4 |
PFGIA
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
|
-$510K |
| 5 |
BWM
Birchcreek Wealth Management
Miami Township,
Ohio
|
-$98.8K |
ICOW Hedge Fund Activity: Q1 2023 in Review
89 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Pacer Developed Markets International Cash Cows 100 ETF (ICOW) for Q1 2023, worth a combined $387M — up 100% from $193M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new ICOW positions and 2 closed out — a net gain of 35 holders — while 37 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $43M. The largest seller was Jane Street, cutting an estimated $1.17M.
- 89 institutional investors held Pacer Developed Markets International Cash Cows 100 ETF (ICOW) as of Q1 2023, up from 54 in Q4 2022.
- Funds reported $387M of Pacer Developed Markets International Cash Cows 100 ETF stock for Q1 2023, up 100% quarter-over-quarter.
- 37 funds opened new Pacer Developed Markets International Cash Cows 100 ETF positions in Q1 2023 and 2 closed out, a net change of +35 holders.
- The largest Pacer Developed Markets International Cash Cows 100 ETF buyer in Q1 2023 was Morgan Stanley, an estimated $43M added.
- The largest Pacer Developed Markets International Cash Cows 100 ETF seller in Q1 2023 was Jane Street, an estimated $1.17M sold.
Based on aggregated 13F filings for Q1 2023.