Pacer Trendpilot US Large Cap ETF
PTLC
120 hedge funds and large institutions have $1.1B invested in Pacer Trendpilot US Large Cap ETF in 2020 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 20 increasing their positions, 70 reducing their positions, and 21 closing their positions.
10% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 21
2% less funds holding
Funds holding: 122 → 120 (-2)
3.13% less ownership
Funds ownership: 60.44% → 57.31% (-3.1%)
16% less capital invested
Capital invested by funds: $1.31B → $1.1B (-$211M)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
71% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$4.86M |
| 2 |
5L
55I LLC
Boston,
Massachusetts
|
+$3.08M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.84M |
| 4 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
+$1.2M |
| 5 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$82.5M |
| 2 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
-$34.1M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$23M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$20.6M |
| 5 |
LPL Financial
San Diego,
California
|
-$19.5M |
PTLC Hedge Fund Activity: Q3 2020 in Review
120 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Pacer Trendpilot US Large Cap ETF (PTLC) for Q3 2020, worth a combined $1.1B — down 16% from $1.31B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of PTLC and 19 opened new positions — a net loss of 2 holders — while 70 trimmed existing stakes and 20 added.
The largest buyer was Avantax Advisory Services, adding an estimated $4.86M. The largest seller was Bank of America, cutting an estimated $82.5M.
- 120 institutional investors held Pacer Trendpilot US Large Cap ETF (PTLC) as of Q3 2020, down from 122 in Q2 2020.
- Funds reported $1.1B of Pacer Trendpilot US Large Cap ETF stock for Q3 2020, down 16% quarter-over-quarter.
- 19 funds opened new Pacer Trendpilot US Large Cap ETF positions in Q3 2020 and 21 closed out, a net change of -2 holders.
- The largest Pacer Trendpilot US Large Cap ETF buyer in Q3 2020 was Avantax Advisory Services, an estimated $4.86M added.
- The largest Pacer Trendpilot US Large Cap ETF seller in Q3 2020 was Bank of America, an estimated $82.5M sold.
Based on aggregated 13F filings for Q3 2020.