COWZ
Pacer US Cash Cows 100 ETF · Financial Services · Asset Management - Income
Momentum inputs (comparable managers):
holder breadth +20.0% ·
share flow -30.0% ·
net new positions +16.7%
— formula
Ownership fragmentation — more holders, smaller aggregate stake
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2024
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 63 | +1 | 127.98M | $7.96B | +4 | −3 |
| Q1 2026 | 63 | +3 | 134.01M | $8.38B | +5 | −2 |
| Q4 2025 | 59 | -1 | 140.75M | $8.47B | — | −1 |
| Q3 2025 | 9 | 0 | 17.92M | $1.03B | +1 | −1 |
| Q2 2025 | 6 | -3 | 712.38K | $39.25M | — | −3 |
| Q1 2025 | 7 | +1 | 369.69K | $20.24M | +1 | — |
| Q4 2024 | 6 | 0 | 348.14K | $19.66M | +1 | −1 |
| Q3 2024 | 6 | +1 | 121.75K | $7.04M | +2 | −1 |
| Q2 2024 | 5 | — | 270.32K | $14.73M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Gotham Asset Management ✦ | 53.55K | +6.2% | $3.10M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 2 | Citadel Advisors ✦ | 25.36K | -80.4% | $1.47M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 3 | D. E. Shaw & Co. ✦ | 13.50K | -71.3% | $780,474 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 4 | Millennium Management ✦ | 12.87K | New | $744,388 | 0.0% | New | 1 | SEC ↗ |
| 5 | Fisher Asset Management ✦ | 11.75K | +12.8% | $679,520 | 0.0% | ▲ Add | 2 | SEC ↗ |
| 6 | AQR Capital Management ✦ | 4.72K | New | $273,015 | 0.0% | New | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Millennium Management | $744,388 | 0.0% |
| AQR Capital Management | $273,015 | 0.0% |
Exited
| Renaissance Technologies | $1.81M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 870 holders, 192.04M shares, $11.58B 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.