Pacer Developed Markets International Cash… (ICOW) Holdings
ICOW holdings summary
as of Oct 25, 2026- Holdings
- 99 positions listed
- Top 10 weight
- 22.4% of net assets
- Effective holdings
- 70 equal-weight equivalent
- Largest holding
- 4502 2.51% Takeda Pharmaceutical Co. Ltd.
- Annual turnover
- 59.0% of the portfolio traded
All ICOW holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | 4502 | Takeda Pharmaceutical Co. Ltd. | Healthcare | 2.51% | $44.3M | — | — |
| 2 | SU | Suncor Energy Inc | Energy | 2.39% | $42.2M | — | — |
| 3 | SHEL | Shell plc | Energy | 2.34% | $41.3M | — | — |
| 4 | 6758 | Sony Corp | Technology | 2.31% | $40.8M | — | — |
| 5 | 9433 | KDDI Corp. | Communication Services | 2.18% | $38.5M | — | — |
| 6 | BP | BP PLC | Energy | 2.15% | $37.9M | — | — |
| 7 | AEM | Agnico Eagle Mines Limited | Basic Materials | 2.15% | $37.9M | — | — |
| 8 | 4689 | Z Holdings Corp | Consumer Cyclical | 2.14% | $37.8M | — | — |
| 9 | DHL | Deutsche Post AG | Industrials | 2.14% | $37.8M | — | — |
| 10 | VOD | Vodafone Group PLC | Communication Services | 2.09% | $36.8M | — | — |
| 11 | ABX | Barrick Gold Corp | Basic Materials | 1.97% | $34.8M | — | — |
| 12 | SAN | Sanofi SA | Healthcare | 1.95% | $34.3M | — | — |
| 13 | 0001 | CK Hutchison Holdings Limited | Industrials | 1.89% | $33.3M | — | — |
| 14 | TSCO | Tesco PLC | Consumer Defensive | 1.88% | $33.2M | — | — |
| 15 | SCMN | Swisscom AG | Communication Services | 1.84% | $32.4M | — | — |
| 16 | DTE | Deutsche Telekom AG | Communication Services | 1.83% | $32.3M | — | — |
| 17 | AD | Koninklijke Ahold Delhaize NV | Consumer Defensive | 1.78% | $31.4M | — | — |
| 18 | TEF | Telefonica | Communication Services | 1.71% | $30.2M | — | — |
| 19 | IMB | Imperial Brands PLC | Consumer Defensive | 1.66% | $29.3M | — | — |
| 20 | IAG | International Consolidated Airlines Group S.A | Industrials | 1.65% | $29.1M | — | — |
| 21 | DG | Vinci S.A. | Industrials | 1.63% | $28.8M | — | — |
| 22 | PUB | Publicis Groupe SA | Communication Services | 1.58% | $27.9M | — | — |
| 23 | 8267 | Aeon Co. Ltd. | Consumer Cyclical | 1.58% | $27.8M | — | — |
| 24 | SGO | Compagnie de Saint-Gobain S.A. | Industrials | 1.51% | $26.7M | — | — |
| 25 | 5108 | Bridgestone Corp. | Consumer Cyclical | 1.51% | $26.6M | — | — |
| 26 | 5020 | Eneos Holdings Inc | Energy | 1.47% | $26.0M | — | — |
| 27 | CAP | Capgemini SE | Technology | 1.41% | $24.9M | — | — |
| 28 | 4503 | Astellas Pharma Inc. | Healthcare | 1.35% | $23.8M | — | — |
| 29 | 1605 | Inpex Corp. | Energy | 1.31% | $23.1M | — | — |
| 30 | 5019 | Idemitsu Kosan Co Ltd | Energy | 1.27% | $22.5M | — | — |
| 31 | MG | Magna International Inc | Consumer Cyclical | 1.27% | $22.4M | — | — |
| 32 | FMG | Fortescue Ltd | Basic Materials | 1.26% | $22.3M | — | — |
| 33 | ERIC-B | Telefonaktiebolaget LM Ericsson (publ) | Technology | 1.21% | $21.4M | — | — |
| 34 | 9101 | Nippon Yusen K.K | Industrials | 1.17% | $20.7M | — | — |
| 35 | K | Kinross Gold Corp | Basic Materials | 1.15% | $20.3M | — | — |
| 36 | HEN3 | Henkel AG & Co. KGaA vz. (Pref Shares) | Consumer Defensive | 1.06% | $18.7M | — | — |
| 37 | RYA | Ryanair Holdings plc | Industrials | 1.05% | $18.6M | — | — |
| 38 | 009540 | Korea Shipbuilding & Offshore Engineering Co Ltd | Industrials | 1.03% | $18.1M | — | — |
| 39 | DASTF | Dassault Systemes SE | Technology | 1.02% | $18.0M | — | — |
| 40 | EN | Bouygues SA | Industrials | 1.02% | $18.0M | — | — |
| 41 | CA | Carrefour SA | Consumer Defensive | 1.01% | $17.9M | — | — |
| 42 | HM-B | H & M Hennes & Mauritz AB (publ) | Consumer Cyclical | 1.00% | $17.7M | — | — |
| 43 | 4755 | Rakuten Inc | Consumer Cyclical | 0.99% | $17.5M | — | — |
| 44 | WKL | Wolters Kluwer N.V. | Industrials | 0.97% | $17.1M | — | — |
| 45 | FGR | Eiffage SA | Industrials | 0.95% | $16.7M | — | — |
| 46 | 000270 | Kia Corp | Consumer Cyclical | 0.91% | $16.1M | — | — |
| 47 | FME | Fresenius Medical Care AG & Co. KGaA | Healthcare | 0.91% | $16.1M | — | — |
| 48 | ML | Compagnie Generale des Etablissements Michelin SCA | Consumer Cyclical | 0.91% | $16.1M | — | — |
| 49 | PHIA | Koninklijke Philips NV | Healthcare | 0.89% | $15.6M | — | — |
| 50 | NESTE | Neste Oil Oyj | Energy | 0.86% | $15.1M | — | — |
| 51 | BBD-B | Bombardier Inc Series B | Industrials | 0.83% | $14.6M | — | — |
| 52 | GIB-A | CGI Inc | Technology | 0.82% | $14.5M | — | — |
| 53 | C6L | Singapore Airlines Limited | Industrials | 0.80% | $14.1M | — | — |
| 54 | ACS | ACS Actividades de Construccion y Servicios SA | Industrials | 0.79% | $13.9M | — | — |
| 55 | 010140 | Samsung Heavy Industries | Industrials | 0.78% | $13.8M | — | — |
| 56 | TW10 | TENARIS S.A. DL 1 | Energy | 0.77% | $13.6M | — | — |
| 57 | 7832 | BANDAI NAMCO Holdings Inc. | Consumer Cyclical | 0.74% | $13.1M | — | — |
| 58 | FRES | Fresnillo PLC | Basic Materials | 0.71% | $12.5M | — | — |
| 59 | 0027 | Galaxy Entertainment Group Ltd | Consumer Cyclical | 0.71% | $12.4M | — | — |
| 60 | 2503 | Kirin Holdings Co. Ltd. | Consumer Defensive | 0.69% | $12.1M | — | — |
| 61 | EVO | Evolution AB (publ) | Consumer Cyclical | 0.65% | $11.5M | — | — |
| 62 | GALP | Galp Energia SGPS S.A. | Energy | 0.64% | $11.3M | — | — |
| 63 | CON | Continental Aktiengesellschaft | Consumer Cyclical | 0.63% | $11.2M | — | — |
| 64 | VAR | Var Energi ASA | Energy | 0.62% | $10.9M | — | — |
| 65 | 0288 | WH Group Ltd | Consumer Defensive | 0.62% | $10.9M | — | — |
| 66 | 086280 | Hyundai Glovis | Industrials | 0.58% | $10.3M | — | — |
| 67 | LUG | Lundin Gold Inc | Basic Materials | 0.58% | $10.3M | — | — |
| 68 | 4507 | Shionogi & Co. Ltd. | Healthcare | 0.57% | $10.1M | — | — |
| 69 | 012330 | Hyundai Mobis Co.,Ltd | Consumer Cyclical | 0.55% | $9.8M | — | — |
| 70 | PAAS | Pan American Silver Corp | Basic Materials | 0.55% | $9.6M | — | — |
| 71 | 9107 | Kawasaki Kisen Kaisha Ltd. | Industrials | 0.53% | $9.4M | — | — |
| 72 | WRT1V | Wartsila Oyj Abp | Industrials | 0.51% | $9.0M | — | — |
| 73 | BNZL | Bunzl PLC | Industrials | 0.50% | $8.9M | — | — |
| 74 | 1208 | MMG Ltd | Basic Materials | 0.48% | $8.5M | — | — |
| 75 | OTEX | Open Text Corporation | Technology | 0.46% | $8.1M | $6.17B | 9.9 |
| 76 | QBR-B | Quebecor Inc | Communication Services | 0.46% | $8.1M | — | — |
| 77 | 064350 | Hyundai Rotem Co | Industrials | 0.45% | $8.0M | — | — |
| 78 | 9147 | Nippon Express Co. Ltd. | Industrials | 0.45% | $8.0M | — | — |
| 79 | LOGN | Logitech International S.A. | Technology | 0.44% | $7.7M | — | — |
| 80 | TEL2-B | Tele2 AB (publ) | Communication Services | 0.39% | $6.8M | — | — |
| 81 | AKZA | Akzo Nobel NV | Basic Materials | 0.39% | $6.8M | — | — |
| 82 | PSON | Pearson PLC | Communication Services | 0.38% | $6.7M | — | — |
| 83 | 8113 | Unicharm Co | Consumer Defensive | 0.38% | $6.7M | — | — |
| 84 | 6305 | Hitachi Construction Machinery Co | Industrials | 0.34% | $6.0M | — | — |
| 85 | ZAL | Zalando SE | Consumer Cyclical | 0.33% | $5.7M | — | — |
| 86 | 1803 | Shimizu Corp. | Industrials | 0.32% | $5.6M | — | — |
| 87 | 003550 | LG Corp | Technology | 0.30% | $5.3M | — | — |
| 88 | 028050 | Samsung Engineering Co. Ltd. | Industrials | 0.28% | $5.0M | — | — |
| 89 | 018260 | Samsung SDS Co Ltd | Technology | 0.27% | $4.7M | — | — |
| 90 | 035720 | Kakao Corp | Communication Services | 0.26% | $4.7M | — | — |
| 91 | 3088 | MatsukiyoCocokara & Co | Healthcare | 0.25% | $4.3M | — | — |
| 92 | 6269 | Modec Inc | Energy | 0.24% | $4.2M | — | — |
| 93 | 2313 | Shenzhou International Group Holdings Ltd | Consumer Cyclical | 0.22% | $3.8M | — | — |
| 94 | 2018 | AAC Technologies Holdings Inc | Technology | 0.21% | $3.7M | — | — |
| 95 | AUTO | Auto Trader Group plc | Communication Services | 0.21% | $3.7M | — | — |
| 96 | 6841 | Yokogawa Electric Corp. | Industrials | 0.20% | $3.6M | — | — |
| 97 | 4506 | Sumitomo Dainippon Pharma Co Ltd | Healthcare | 0.19% | $3.4M | — | — |
| 98 | 4704 | Trend Micro Inc. | Technology | 0.19% | $3.3M | — | — |
| 99 | 1963 | JGC Corp. | Industrials | 0.08% | $1.4M | — | — |
Weights as a percentage of net assets. Value held = weight × net assets ($1.76B). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
ICOW sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Industrials | 22.5% | 26 | DHL, 0001, IAG |
| Consumer Cyclical | 14.2% | 15 | 4689, 8267, 5108 |
| Energy | 14.1% | 11 | SU, SHEL, BP |
| Communication Services | 12.9% | 11 | 9433, VOD, SCMN |
| Basic Materials | 9.2% | 9 | AEM, ABX, FMG |
| Consumer Defensive | 9.1% | 8 | TSCO, AD, IMB |
| Technology | 8.6% | 11 | 6758, CAP, ERIC-B |
| Healthcare | 8.6% | 8 | 4502, SAN, 4503 |
Sum of the weights of the holdings in each sector.
ICOW top industries
ICOW overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| VXUS | Vanguard Total International Stock ETF | 6.1% | 99 of 8,035 | 0.05% |
| IWM | iShares Russell 2000 ETF | 0.2% | 3 of 1,962 | 0.19% |
| SPY | SPDR S&P 500 ETF | 0.1% | 3 of 502 | 0.09% |
| VTI | Vanguard Total Stock Market ETF | 0.1% | 5 of 2,941 | 0.03% |
| QQQ | Invesco QQQ ETF | 0.0% | 0 of 101 | 0.17% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the ICOW portfolio
Pacer Developed Markets International Cash… holds 99 positions. The ten largest make up 22.4% of the fund and the top 50 75.8%, so it behaves like a portfolio of about 70 equally weighted positions. The biggest positions are Takeda Pharmaceutical Co. Ltd. (2.51%), Suncor Energy Inc (2.39%), Shell plc (2.34%), Sony Corp (2.31%), KDDI Corp. (2.18%).
By sector, Industrials is 22.5%, Consumer Cyclical is 14.2%, Energy is 14.1%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: ICOW chart, ICOW performance, ICOW dividends, ICOW overview.
ICOW holdings FAQ
How many holdings does ICOW have?
ICOW holds 99 positions as of October 25, 2026.
What are the top 10 holdings of ICOW?
The ten largest holdings are Takeda Pharmaceutical Co. Ltd. (2.51%), Suncor Energy Inc (2.39%), Shell plc (2.34%), Sony Corp (2.31%), KDDI Corp. (2.18%), BP PLC (2.15%), Agnico Eagle Mines Limited (2.15%), Z Holdings Corp (2.14%), Deutsche Post AG (2.14%), Vodafone Group PLC (2.09%). Together they are 22.4% of the fund.
What percentage of ICOW is Takeda Pharmaceutical Co. Ltd.?
Takeda Pharmaceutical Co. Ltd. is the largest holding at 2.51% of net assets, about $44.3M of the fund's $1.76B.
Which sector is the largest in ICOW?
Industrials is the largest sector at 22.5%, followed by Consumer Cyclical (14.2%) and Energy (14.1%), based on the sectors of the individual holdings.
How concentrated is ICOW?
The top 10 holdings are 22.4% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) ICOW behaves like a portfolio of about 70 equally weighted positions.