Pacer Developed Markets International Cash Cows 100 ETF
ICOW
106 hedge funds and large institutions have $607M invested in Pacer Developed Markets International Cash Cows 100 ETF in 2023 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 60 increasing their positions, 20 reducing their positions, and 4 closing their positions.
425% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 4
200% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 20
57% more capital invested
Capital invested by funds: $387M → $607M (+$220M)
19% more funds holding
Funds holding: 89 → 106 (+17)
4.77% more ownership
Funds ownership: 86.92% → 91.69% (+4.8%)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$50.3M |
| 2 |
Jane Street
New York
|
+$27.8M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$17.5M |
| 4 |
SC
Sepio Capital
Salt Lake City,
Utah
|
+$17.3M |
| 5 |
Morgan Stanley
New York
|
+$14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$6.13M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
-$2.1M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.51M |
| 4 |
AWA
Amplius Wealth Advisors
Blue Bell,
Pennsylvania
|
-$892K |
| 5 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
-$759K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TWM
101
Tradition Wealth Management
Edina,
Minnesota
| $9K | +$9.36K | +316 | New |
|
|
RFA
102
Register Financial Advisors
Atlanta,
Georgia
| $7.73K | – | – | – |
|
|
EWA
103
EverSource Wealth Advisors
Birmingham,
Alabama
| $5.27K | +$59 | +2 | +1% |
|
|
MIM
104
MTM Investment Management
Spartanburg,
South Carolina
| $4.91K | +$4.89K | +165 | New |
|
105
Fidelity Investments
Boston,
Massachusetts
| $3K | -$91K | -3,070 | -97% |
|
106
Bank of Montreal
Toronto,
Ontario, Canada
| $1.04K | +$1.01K | +34 | New |
|
|
BWM
107
Birchcreek Wealth Management
Miami Township,
Ohio
| – | -$208K | -7,029 | Closed |
|
|
AAS
108
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$64.3K | -2,132 | Closed |
|
|
WAM
109
Worth Asset Management
Dallas,
Texas
| – | -$28.6K | -965 | Closed |
|
|
FA
110
Fortis Advisors
Wayne,
Pennsylvania
| – | -$711 | -24 | Closed |
|
ICOW Hedge Fund Activity: Q2 2023 in Review
106 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Pacer Developed Markets International Cash Cows 100 ETF (ICOW) for Q2 2023, worth a combined $607M — up 57% from $387M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new ICOW positions and 4 closed out — a net gain of 17 holders — while 60 added to existing stakes and 20 trimmed.
The largest buyer was Bank of America, adding an estimated $50.3M. The largest seller was NewEdge Advisors, cutting an estimated $6.13M.
- 106 institutional investors held Pacer Developed Markets International Cash Cows 100 ETF (ICOW) as of Q2 2023, up from 89 in Q1 2023.
- Funds reported $607M of Pacer Developed Markets International Cash Cows 100 ETF stock for Q2 2023, up 57% quarter-over-quarter.
- 21 funds opened new Pacer Developed Markets International Cash Cows 100 ETF positions in Q2 2023 and 4 closed out, a net change of +17 holders.
- The largest Pacer Developed Markets International Cash Cows 100 ETF buyer in Q2 2023 was Bank of America, an estimated $50.3M added.
- The largest Pacer Developed Markets International Cash Cows 100 ETF seller in Q2 2023 was NewEdge Advisors, an estimated $6.13M sold.
Based on aggregated 13F filings for Q2 2023.