Pacer Developed Markets International Cash Cows 100 ETF
ICOW
168 hedge funds and large institutions have $1.06B invested in Pacer Developed Markets International Cash Cows 100 ETF in 2025 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 66 increasing their positions, 51 reducing their positions, and 6 closing their positions.
217% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 6
29% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 51
10% more capital invested
Capital invested by funds: $961M → $1.06B (+$97.8M)
7% more funds holding
Funds holding: 157 → 168 (+11)
0.33% less ownership
Funds ownership: 75.38% → 75.05% (-0.33%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$20.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$5M |
| 3 |
Morgan Stanley
New York
|
+$3.97M |
| 4 |
Jones Financial Companies
Des Peres,
Missouri
|
+$3.81M |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$7.68M |
| 2 |
TWG
The Wealth Group
Eden Prairie,
Minnesota
|
-$4.77M |
| 3 |
SIM
Stratos Investment Management
Beachwood,
Ohio
|
-$1.49M |
| 4 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$1.2M |
| 5 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
-$1,000K |
ICOW Hedge Fund Activity: Q4 2025 in Review
168 institutional investors reported a position in Pacer Developed Markets International Cash Cows 100 ETF (ICOW) for Q4 2025, worth a combined $1.06B — up 10% from $961M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new ICOW positions and 6 closed out — a net gain of 13 holders — while 66 added to existing stakes and 51 trimmed.
The largest buyer was LPL Financial, adding an estimated $20.1M. The largest seller was UBS Group, cutting an estimated $7.68M.
- 168 institutional investors held Pacer Developed Markets International Cash Cows 100 ETF (ICOW) as of Q4 2025, up from 157 in Q3 2025.
- Funds reported $1.06B of Pacer Developed Markets International Cash Cows 100 ETF stock for Q4 2025, up 10% quarter-over-quarter.
- 19 funds opened new Pacer Developed Markets International Cash Cows 100 ETF positions in Q4 2025 and 6 closed out, a net change of +13 holders.
- The largest Pacer Developed Markets International Cash Cows 100 ETF buyer in Q4 2025 was LPL Financial, an estimated $20.1M added.
- The largest Pacer Developed Markets International Cash Cows 100 ETF seller in Q4 2025 was UBS Group, an estimated $7.68M sold.
Based on aggregated 13F filings for Q4 2025.