Pacer Trendpilot Fund of Funds ETF
TRND
23 hedge funds and large institutions have $34M invested in Pacer Trendpilot Fund of Funds ETF in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 3 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
2% less capital invested
Capital invested by funds: $34.6M → $34M (-$596K)
1.04% less ownership
Funds ownership: 68.01% → 66.97% (-1%)
4% less funds holding
Funds holding: 24 → 23 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.69M |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$312K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$262K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$197K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$110K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$879K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$771K |
| 3 |
SOS
Silver Oak Securities
Jackson,
Tennessee
|
-$712K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$434K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$389K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$434K | -14,904 | Closed |
|
TRND Hedge Fund Activity: Q3 2023 in Review
23 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Pacer Trendpilot Fund of Funds ETF (TRND) for Q3 2023, worth a combined $34M — down 1.7% from $34.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of TRND and 2 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 9 added.
The largest buyer was LPL Financial, adding an estimated $2.69M. The largest seller was Citadel Advisors, exiting entirely with an estimated $879K sold.
- 23 institutional investors held Pacer Trendpilot Fund of Funds ETF (TRND) as of Q3 2023, down from 24 in Q2 2023.
- Funds reported $34M of Pacer Trendpilot Fund of Funds ETF stock for Q3 2023, down 1.7% quarter-over-quarter.
- 2 funds opened new Pacer Trendpilot Fund of Funds ETF positions in Q3 2023 and 3 closed out, a net change of -1 holder.
- The largest Pacer Trendpilot Fund of Funds ETF buyer in Q3 2023 was LPL Financial, an estimated $2.69M added.
- The largest Pacer Trendpilot Fund of Funds ETF seller in Q3 2023 was Citadel Advisors, an estimated $879K sold.
Based on aggregated 13F filings for Q3 2023.