Pacer Trendpilot Fund of Funds ETF
TRND
22 hedge funds and large institutions have $16.3M invested in Pacer Trendpilot Fund of Funds ETF in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 13 reducing their positions, and 4 closing their positions.
0.68% more ownership
Funds ownership: 64.18% → 64.86% (+0.68%)
8% less funds holding
Funds holding: 24 → 22 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
52% less capital invested
Capital invested by funds: $34.3M → $16.3M (-$18M)
62% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOS
Silver Oak Securities
Jackson,
Tennessee
|
+$877K |
| 2 |
LPL Financial
San Diego,
California
|
+$525K |
| 3 |
Jane Street
New York
|
+$329K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$304K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$48.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$931K |
| 2 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$847K |
| 3 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$607K |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$578K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$330K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Rockefeller Capital Management
New York
| – | -$32K | -1,228 | Closed |
|
TRND Hedge Fund Activity: Q1 2023 in Review
22 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Pacer Trendpilot Fund of Funds ETF (TRND) for Q1 2023, worth a combined $16.3M — down 52% from $34.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TRND and 2 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 5 added.
The largest buyer was Silver Oak Securities, opening a new position worth an estimated $877K. The largest seller was Commonwealth Equity Services, cutting an estimated $931K.
- 22 institutional investors held Pacer Trendpilot Fund of Funds ETF (TRND) as of Q1 2023, down from 24 in Q4 2022.
- Funds reported $16.3M of Pacer Trendpilot Fund of Funds ETF stock for Q1 2023, down 52% quarter-over-quarter.
- 2 funds opened new Pacer Trendpilot Fund of Funds ETF positions in Q1 2023 and 4 closed out, a net change of -2 holders.
- The largest Pacer Trendpilot Fund of Funds ETF buyer in Q1 2023 was Silver Oak Securities, an estimated $877K added.
- The largest Pacer Trendpilot Fund of Funds ETF seller in Q1 2023 was Commonwealth Equity Services, an estimated $931K sold.
Based on aggregated 13F filings for Q1 2023.