COWG
Pacer US Large Cap Cash Cows Growth Leaders ETF · Financial Services · Asset Management - Income
Momentum inputs (comparable managers):
holder breadth -14.3% ·
share flow -0.9% ·
net new positions -16.7%
· formula
Broad distribution: falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q3 2026 | 1 | 0 | 240.40K | $9.83M | n/a | n/a |
| Q2 2026 | 35 | +4 | 25.93M | $1.04B | +6 | −3 |
| Q1 2026 | 33 | +1 | 27.90M | $939.82M | +2 | −1 |
| Q4 2025 | 32 | -1 | 30.59M | $1.08B | n/a | −1 |
| Q3 2025 | 6 | -1 | 2.79M | $101.15M | +1 | −2 |
| Q2 2025 | 4 | +2 | 102.83K | $3.61M | +2 | n/a |
| Q1 2025 | 1 | 0 | 39.38K | $1.21M | n/a | n/a |
| Q4 2024 | 1 | +1 | 205.04K | $6.57M | +1 | n/a |
| Q2 2024 | 1 | n/a | 7.91K | $214,729 | n/a | n/a |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Morgan Stanley ✦ | 2.57M | n/a | $93.13M | 0.0% | n/c | 1 | SEC ↗ ×3 |
| 2 | JPMorgan Chase ✦ | 127.04K | n/a | $4.61M | 0.0% | n/c | 1 | SEC ↗ ×6 |
| 3 | Gotham Asset Management ✦ | 50.18K | New | $1.82M | 0.0% | New | 1 | SEC ↗ |
| 4 | Citadel Advisors ✦ | 27.28K | +65.7% | $990,300 | 0.0% | ▲ Add | 4 | SEC ↗ |
| 5 | Goldman Sachs Group ✦ | 15.15K | n/a | $550,090 | 0.0% | n/c | 1 | SEC ↗ |
| 6 | Fidelity (FMR) ✦ | 1.24K | +105.3% | $45,157 | 0.0% | ▲ Add | 2 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value: the conviction measure. ✦ = curated manager.
New buyers
| Gotham Asset Management | $1.82M | 0.0% |
Exited
| Renaissance Technologies | $2.43M | was 0.0% |
| D. E. Shaw & Co. | $584,652 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 234 holders, 41.79M shares, $1.36B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold: shared-ownership counts, not fundamental relationships.