Pacer Trendpilot US Large Cap ETF
PTLC
122 hedge funds and large institutions have $1.31B invested in Pacer Trendpilot US Large Cap ETF in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 34 increasing their positions, 66 reducing their positions, and 18 closing their positions.
3.8% less ownership
Funds ownership: 64.24% → 60.44% (-3.8%)
5% less funds holding
Funds holding: 129 → 122 (-7)
19% less capital invested
Capital invested by funds: $1.62B → $1.31B (-$315M)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
39% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 18
48% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
+$33.9M |
| 2 |
FSA
Financial Services Advisory
Rockville,
Maryland
|
+$15.2M |
| 3 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$4.74M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$2.31M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$77.3M |
| 2 |
Morgan Stanley
New York
|
-$58.8M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$41.1M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$33.4M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$24.3M |
PTLC Hedge Fund Activity: Q2 2020 in Review
122 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Pacer Trendpilot US Large Cap ETF (PTLC) for Q2 2020, worth a combined $1.31B — down 19% from $1.62B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PTLC and 11 opened new positions — a net loss of 7 holders — while 66 trimmed existing stakes and 34 added.
The largest buyer was Frontier Wealth Management, opening a new position worth an estimated $33.9M. The largest seller was Bank of America, cutting an estimated $77.3M.
- 122 institutional investors held Pacer Trendpilot US Large Cap ETF (PTLC) as of Q2 2020, down from 129 in Q1 2020.
- Funds reported $1.31B of Pacer Trendpilot US Large Cap ETF stock for Q2 2020, down 19% quarter-over-quarter.
- 11 funds opened new Pacer Trendpilot US Large Cap ETF positions in Q2 2020 and 18 closed out, a net change of -7 holders.
- The largest Pacer Trendpilot US Large Cap ETF buyer in Q2 2020 was Frontier Wealth Management, an estimated $33.9M added.
- The largest Pacer Trendpilot US Large Cap ETF seller in Q2 2020 was Bank of America, an estimated $77.3M sold.
Based on aggregated 13F filings for Q2 2020.