Vault-13

PACER FDS TR ICOW

DEVELOPED MRKT · ETP · CUSIP 69374H873

107 institutional holders +18 vs Q1 2023
20,402,94120.4m shares reported held*
$606.7mreported value*
19 new 59 added 20 reduced 4 sold out net bought ≈ $206.8m (+7.0m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $29.74.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 51Q4 22: 54Q1 23: 89Q2 23: 107107Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202251
Q4 202254
Q1 202389
Q2 2023107

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 34 bought or addedQ4 22: 19 cut or sold outQ4 22Q1 23: 72 bought or addedQ1 23: 12 cut or sold outQ1 23Q2 23: 78 bought or addedQ2 23: 24 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20223419
Q1 20237212
Q2 20237824

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +1,699,265+1.7m
JANE STREET GROUP, LLC Added +938,202+938.2k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +589,009+589.0k
Sepio Capital, LP New +583,534+583.5k
MORGAN STANLEY Added +471,014+471.0k
Onyx Bridge Wealth Group LLC New +359,924+359.9k
ROYAL BANK OF CANADA Added +352,821+352.8k
UBS Group AG Added +323,512+323.5k
WELLS FARGO & COMPANY/MN Added +247,548+247.5k
Raymond James Financial Services Advisors, Inc. Added +187,507+187.5k

Biggest sellers

NewEdge Advisors, LLC Reduced -206,872-206.9k
MERCER GLOBAL ADVISORS INC /ADV Reduced -70,988-71.0k
Kestra Advisory Services, LLC Reduced -50,970-51.0k
Amplius Wealth Advisors, LLC Reduced -30,118-30.1k
Stratos Wealth Advisors, LLC Reduced -25,626-25.6k
Karpus Management, Inc. Reduced -23,610-23.6k
CITADEL ADVISORS LLC Reduced -18,967-19.0k
PERSONAL CFO SOLUTIONS, LLC Reduced -11,124-11.1k
Financial Advocates Investment Management Reduced -10,991-11.0k
VERUS CAPITAL PARTNERS, LLC Reduced -8,770-8.8k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,037,5952.0m $60.6m $60.6m 0.01% Added +1.7m +1,699,265
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,961,4822.0m $58.3m $58.3m 0.01% Added +471.0k +471,014
3 Carlson Capital Management 2.94% of their portfolio NORTHFIELD, MN 1,638,8801.6m $48.7m $48.7m 2.94% Added +19.6k +19,618
4 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,424,6481.4m $42.4m $42.4m 0.01% Added +247.5k +247,548
5 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 1,113,0771.1m $33.1m $33.1m 0.04% Added +938.2k +938,202
6 Amplius Wealth Advisors, LLC 4.44% of their portfolio BLUE BELL, PA 1,108,3981.1m $32.9m $32.9m 4.44% Reduced -30.1k -30,118
7 UBS Group AG 0.01% of their portfolio ZURICH, V8 902,683902.7k $26.8m $26.8m 0.01% Added +323.5k +323,512
8 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 746,945746.9k $22.2m $22.2m 0.03% Added +589.0k +589,009
9 AlphaCore Capital LLC 3.14% of their portfolio LA JOLLA, CA 658,295658.3k $19.6m $19.6m 3.14% Added +146.3k +146,305
10 Sepio Capital, LP 1.41% of their portfolio Salt Lake City, UT 583,534583.5k $17.3m $17.3m 1.41% New
11 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 471,154471.2k $14.0m $14.0m 0.01% Added +135.7k +135,685
12 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 394,776394.8k $11.7m $11.7m 0.02% Added +40.2k +40,191
13 Pacer Advisors, Inc. 0.05% of their portfolio Malvern, PA 385,372385.4k $11.5m $11.5m 0.05% Added +56.5k +56,504
14 Cetera Advisor Networks LLC 0.08% of their portfolio EL SEGUNDO, CA 375,277375.3k $11.2m $11.2m 0.08% Added +39.2k +39,199
15 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 361,201361.2k $10.7m $10.7m 0.00% Added +352.8k +352,821
16 Onyx Bridge Wealth Group LLC 2.56% of their portfolio TARRYTOWN, NY 359,924359.9k $10.7m $10.7m 2.56% New
17 IAM Advisory, LLC 3.48% of their portfolio EASTON, PA 343,393343.4k $10.2m $10.2m 3.48% Added +4.2k +4,161
18 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 302,289302.3k $9.0m $9.0m 0.02% Added +19.5k +19,455
19 AVALON CAPITAL MANAGEMENT 4.10% of their portfolio Port Of Redwood City, CA 294,449294.4k $8.8m $8.8m 4.10% Added +9.1k +9,052
20 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 290,138290.1k $8.6m $8.6m 0.02% Added +187.5k +187,507
21 ONE PLUS ONE WEALTH MANAGEMENT, LLC 4.86% of their portfolio JUPITER, FL 255,981256.0k $7.6m $7.6m 4.86% Added +12.6k +12,605
22 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 247,571247.6k $7.4m $7.4m 0.00% Added +98.0k +98,021
23 Stratos Wealth Advisors, LLC 0.52% of their portfolio BEACHWOOD, OH 246,723246.7k $7.3m $7.3m 0.52% Reduced -25.6k -25,626
24 Certified Advisory Corp 1.28% of their portfolio ALTAMONTE SPRINGS, FL 234,312234.3k $7.0m $7.0m 1.28% Added +88.4k +88,357
25 INSTRUMENTAL WEALTH, LLC 6.45% of their portfolio TAMPA, FL 175,491175.5k $5.4m $5.4m 6.45% Added +1.8k +1,764
26 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 172,108172.1k $5.1m $5.1m 0.01% Added +106.7k +106,709
27 CASTLE WEALTH MANAGEMENT LLC 3.25% of their portfolio BOYNTON BEACH, FL 156,598156.6k $4.7m $4.7m 3.25% Added +4.2k +4,220
28 FLOW TRADERS U.S. LLC 0.20% of their portfolio NEW YORK, NY 151,485151.5k $4.5m $4.5m 0.20% Added +118.9k +118,880
29 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 134,876134.9k $4.0m $4.0m 0.05% Reduced -206.9k -206,872
30 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 133,119133.1k $4.0m $4.0m 0.00% Added +30.4k +30,363
31 Patriot Financial Group Insurance Agency, LLC 0.74% of their portfolio Westborough, MA 132,561132.6k $3.9m $3.9m 0.74% Reduced -64 -64
32 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 130,617130.6k $3.9m $3.9m 0.02% Added +65.4k +65,396
33 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 123,096123.1k $3.7m $3.7m 0.01% Added +89.5k +89,465
34 DAVENPORT & Co LLC 0.03% of their portfolio RICHMOND, VA 122,454122.5k $3.6m $3.6m 0.03% Added +113.1k +113,110
35 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 120,217120.2k $3.6m $3.6m 0.01% Added +41.5k +41,501
36 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 110,240110.2k $3.3m $3.3m 0.01% Reduced -71.0k -70,988
37 Bridge Advisory, LLC 1.10% of their portfolio PASADENA, CA 100,433100.4k $3.0m $3.0m 1.10% Reduced -583 -583
38 Atria Wealth Solutions, Inc. 0.04% of their portfolio NEW YORK, NY 96,30996.3k $2.9m $2.9m 0.04% Added +18.9k +18,882
39 Karpus Management, Inc. 0.09% of their portfolio Pittsford, NY 92,70592.7k $2.8m $2.8m 0.09% Reduced -23.6k -23,610
40 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 86,98487.0k $2.6m $2.6m 0.03% Reduced -51.0k -50,970
41 Simplicity Solutions, LLC 0.07% of their portfolio MINNEAPOLIS, MN 86,86386.9k $2.6m $2.6m 0.07% Added +367 +367
42 Bleakley Financial Group, LLC 0.08% of their portfolio PARSIPPANY, NJ 86,86386.9k $2.6m $2.6m 0.08% Added +367 +367
43 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 84,78584.8k $2.5m $2.5m 0.01% Added +4.5k +4,500
44 OLD MISSION CAPITAL LLC 0.09% of their portfolio CHICAGO, IL 82,41082.4k $2.5m $2.5m 0.09% New
45 Empirical Asset Management, LLC 1.90% of their portfolio WELLESLEY, MA 72,16172.2k $2.1m $2.1m 1.90% Added +3.2k +3,174
46 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 66,67266.7k $2.0m $2.0m 0.02% Added +3.6k +3,570
47 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 56,90456.9k $1.7m $1.7m 0.01% First filing
48 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 53,94553.9k $1.6m $1.6m 0.01% Added +24.3k +24,288
49 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 51,68651.7k $1.5m $1.5m 0.00% Reduced -19.0k -18,967
50 PERSONAL CFO SOLUTIONS, LLC 0.30% of their portfolio CHESTER, NJ 49,91149.9k $1.5m $1.5m 0.30% Reduced -11.1k -11,124
51 Financial Advocates Investment Management 0.10% of their portfolio OLYMPIA, WA 46,58446.6k $1.4m $1.4m 0.10% Reduced -11.0k -10,991
52 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 45,28945.3k $1.3m $1.3m 0.01% Added +4.4k +4,376
53 CHANNEL WEALTH LLC 0.75% of their portfolio SANTA BARBARA, CA 43,86743.9k $1.3m $1.3m 0.75% Added +18.1k +18,108
54 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 43,80343.8k $1.3m $1.3m 0.02% Reduced -423 -423
55 GREENWOOD CAPITAL ASSOCIATES LLC 0.18% of their portfolio GREENWOOD, SC 43,14743.1k $1.3m $1.3m 0.18% Added +482 +482
56 Wealthcare Advisory Partners LLC 0.05% of their portfolio WEST CHESTER, PA 38,72138.7k $1.2m $1.2m 0.05% Added +544 +544
57 COZAD ASSET MANAGEMENT INC 0.14% of their portfolio CHAMPAIGN, IL 38,57738.6k $1.1m $1.1m 0.14% New
58 TRUSTMARK BANK TRUST DEPARTMENT 0.10% of their portfolio JACKSON, MS 36,93236.9k $1.1m $1.1m 0.10% Added +22.8k +22,800
59 HBW ADVISORY SERVICES LLC 0.23% of their portfolio SIMI VALLEY, CA 35,39735.4k $1.1m $1.1m 0.23% Added +2.9k +2,916
60 Brookstone Capital Management 0.02% of their portfolio WHEATON, IL 34,31034.3k $1.0m $1.0m 0.02% Added +7.0k +7,011
61 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 34,15034.1k $1.0m $1.0m 0.01% Added +9.5k +9,500
62 Per Stirling Capital Management, LLC. 0.19% of their portfolio AUSTIN, TX 31,13231.1k $925.6k $925.6k 0.19% Added +2.8k +2,800
63 Inspire Advisors, LLC 0.17% of their portfolio Meridian, ID 30,41730.4k $904.3k $904.3k 0.17% New
64 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.09% of their portfolio CEDAR RAPIDS, IA 29,83529.8k $887.0k $887.0k 0.09% Added +3.4k +3,434
65 BigSur Wealth Management LLC 0.42% of their portfolio MIAMI, FL 29,50029.5k $877.0k $877.0k 0.42% New
66 FWG Holdings, LLC 0.56% of their portfolio WINTER PARK, FL 28,97229.0k $893.2k $893.2k 0.56% New
67 Cetera Advisors LLC 0.01% of their portfolio DENVER, CO 24,77724.8k $736.6k $736.6k 0.01% Added +10.8k +10,800
68 INDEPENDENT FINANCIAL GROUP, LLC 0.05% of their portfolio SAN DIEGO, CA 22,99023.0k $683.5k $683.5k 0.05% Added +11.0k +11,035
69 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 22,98423.0k $683.3k $683.3k 0.00% Added +7.3k +7,347
70 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 22,68222.7k $674.3k $674.3k 0.01% Reduced -3.5k -3,484
71 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 19,02119.0k $565.5k $565.5k 0.02% Added +18.0k +18,009
72 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 18,52418.5k $551.0k $551.0k 0.00% Reduced -563 -563
73 LINCOLN NATIONAL CORP 0.01% of their portfolio RADNOR, PA 17,26417.3k $513.2k $513.2k 0.01% Added +176 +176
74 Day & Ennis, LLC 0.18% of their portfolio MACON, GA 16,25016.2k $483.1k $483.1k 0.18% Reduced -3.2k -3,194
75 Dana Investment Advisors, Inc. 0.02% of their portfolio BROOKFIELD, WI 15,83215.8k $470.7k $470.7k 0.02% Added +3.5k +3,512
76 Mariner, LLC 0.00% of their portfolio Overland Park, KS 14,49014.5k $431.0k $431.0k 0.00% Unchanged
77 BARRETT & COMPANY, INC. 0.24% of their portfolio PROVIDENCE, RI 13,91413.9k $413.7k $413.7k 0.24% Added +4.2k +4,175
78 Cornerstone Wealth Management, LLC 0.04% of their portfolio ST. PETERS, MO 13,66813.7k $406.4k $406.4k 0.04% Reduced -792 -792
79 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 11,91811.9k $354.3k $354.3k 0.00% Added +3.0k +2,983
80 Vanguard Capital Wealth Advisors 0.30% of their portfolio DENVER, CO 10,98011.0k $326.4k $326.4k 0.30% Not comparable
81 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 10,95711.0k $325.8k $325.8k 0.00% New
82 VERUS CAPITAL PARTNERS, LLC 0.04% of their portfolio SCOTTSDALE, AZ 9,6549.7k $287.0k $287.0k 0.04% Reduced -8.8k -8,770
83 Hilltop Holdings Inc. 0.03% of their portfolio DALLAS, TX 8,7898.8k $261.3k $261.3k 0.03% New
84 Kingsview Wealth Management, LLC 0.01% of their portfolio GRANTS PASS, OR 7,8447.8k $233.2k $233.2k 0.01% Added +700 +700
85 TRUE Private Wealth Advisors 0.03% of their portfolio Salem, OR 7,6017.6k $226.0k $226.0k 0.03% Added +91 +91
86 Next Level Private LLC 0.14% of their portfolio HARRISON, NY 7,2787.3k $215.6k $215.6k 0.14% New
87 Cedar Brook Financial Partners, LLC 0.05% of their portfolio CLEVELAND, OH 7,2207.2k $214.7k $214.7k 0.05% New
88 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 6,8596.9k $203.9k $203.9k 0.01% Added +1.6k +1,551
89 HBK Sorce Advisory LLC 0.01% of their portfolio ERIE, PA 6,8456.8k $203.5k $203.5k 0.01% New
90 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 4,9254.9k $146.4k $146.4k 0.00% New
91 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 4,4864.5k $132.1k $132.1k 0.00% Added +2.3k +2,261
92 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 4,1754.2k $124.1k $124.1k 0.00% Reduced -785 -785
93 WOLFF WIESE MAGANA LLC 0.08% of their portfolio CARSLBAD, CA 3,6713.7k $109.1k $109.1k 0.08% Unchanged
94 Impact Partnership Wealth, LLC 0.02% of their portfolio MARIETTA, GA 2,0102.0k $59.8k $59.8k 0.02% First filing
95 MEITAV INVESTMENT HOUSE LTD 0.00% of their portfolio BENE-BERAQ, L3 1,1401.1k $33.9k $33.9k 0.00% New
96 WealthShield Partners, LLC 0.00% of their portfolio CARY, NC 1,0001.0k $29.7k $29.7k 0.00% Unchanged
97 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 935935 $27.8k $27.8k 0.00% Unchanged
98 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 363363 $13.9k $13.9k 0.00% New
99 Tradition Wealth Management, LLC 0.00% of their portfolio EDINA, MN 316316 $9.0k $9.0k 0.00% New
100 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 315315 $9.4k $9.4k 0.00% New