| Pacer BlueStar Engineering the Future ETF | ||||||||
| Schedule of Investments | ||||||||
| July 31, 2024 (Unaudited) | ||||||||
| COMMON STOCKS - 99.9% | Shares | Value | ||||||
| Consumer Discretionary - 1.5% | ||||||||
| Denso Corp. | 811 | $ | 13,551 | |||||
| Health Care - 1.0% | ||||||||
BICO Group AB (a) | 2,258 | 8,878 | ||||||
Industrials - 25.1%(b) | ||||||||
3D Systems Corp. (a) | 8,957 | 32,693 | ||||||
| Amada Co. Ltd. | 218 | 2,590 | ||||||
| ANDRITZ AG | 45 | 2,880 | ||||||
ATS Corp. (a) | 63 | 1,895 | ||||||
AutoStore Holdings Ltd. (a)(c) | 1,268 | 1,593 | ||||||
| Daifuku Co. Ltd. | 164 | 2,988 | ||||||
| Emerson Electric Co. | 181 | 21,197 | ||||||
| FANUC Corp. | 287 | 8,603 | ||||||
| Konecranes Oyj | 46 | 3,213 | ||||||
| Lincoln Electric Holdings, Inc. | 23 | 4,725 | ||||||
Proto Labs, Inc. (a) | 1,282 | 44,639 | ||||||
| Rockwell Automation, Inc. | 37 | 10,310 | ||||||
| Siemens AG | 250 | 45,832 | ||||||
Stratasys Ltd. (a) | 4,448 | 38,075 | ||||||
| Yaskawa Electric Corp. | 87 | 3,040 | ||||||
224,273 | ||||||||
Information Technology - 72.3%(b) | ||||||||
| Advantest Corp. | 196 | 7,854 | ||||||
Altair Engineering, Inc. - Class A (a) | 57 | 5,036 | ||||||
Altium Ltd. (d) | 140 | 6,247 | ||||||
Ambarella, Inc. (a) | 34 | 1,790 | ||||||
ANSYS, Inc. (a) | 122 | 38,263 | ||||||
| Applied Materials, Inc. | 226 | 47,957 | ||||||
| ASM International NV | 16 | 10,970 | ||||||
| ASML Holding NV | 69 | 64,632 | ||||||
| ASMPT Ltd. | 179 | 1,867 | ||||||
Autodesk, Inc. (a) | 323 | 79,949 | ||||||
Axcelis Technologies, Inc. (a) | 18 | 2,274 | ||||||
| Azbil Corp. | 74 | 2,158 | ||||||
| BE Semiconductor Industries NV | 31 | 3,997 | ||||||
| Bentley Systems, Inc. - Class B | 319 | 15,548 | ||||||
| Camtek Ltd. | 20 | 2,100 | ||||||
| Cognex Corp. | 76 | 3,771 | ||||||
| Dassault Systemes SE | 1,327 | 50,316 | ||||||
| Disco Corp. | 28 | 9,204 | ||||||
FARO Technologies, Inc. (a) | 1,583 | 27,069 | ||||||
| Keyence Corp. | 69 | 30,217 | ||||||
| KLA Corp. | 40 | 32,923 | ||||||
| Kulicke & Soffa Industries, Inc. | 41 | 1,934 | ||||||
| Lam Research Corp. | 39 | 35,928 | ||||||
| Lasertec Corp. | 27 | 4,815 | ||||||
Materialise NV - ADR (a) | 648 | 4,212 | ||||||
Nano Dimension Ltd. - ADR (a) | 11,860 | 28,820 | ||||||
| Nemetschek SE | 104 | 9,943 | ||||||
Nova Ltd. (a) | 12 | 2,478 | ||||||
| Omron Corp. | 92 | 3,406 | ||||||
Onto Innovation, Inc. (a) | 18 | 3,443 | ||||||
PTC, Inc. (a) | 154 | 27,389 | ||||||
| Renishaw PLC | 853 | 41,580 | ||||||
| SCREEN Holdings Co. Ltd. | 38 | 3,257 | ||||||
Teledyne Technologies, Inc. (a) | 14 | 5,906 | ||||||
| Teradyne, Inc. | 49 | 6,427 | ||||||
| Tokyo Electron Ltd. | 97 | 19,998 | ||||||
| Tokyo Seimitsu Co. Ltd. | 27 | 1,874 | ||||||
645,552 | ||||||||
TOTAL COMMON STOCKS (Cost $835,084) | 892,254 | |||||||
TOTAL INVESTMENTS - 99.9% (Cost $835,084) | 892,254 | |||||||
| Other Assets in Excess of Liabilities – 0.1% | 333 | |||||||
| TOTAL NET ASSETS - 100.0% | $ | 892,587 | ||||||
| Percentages are stated as a percent of net assets. | ||||||||
The Global Industry Classification Standard ("GICS®") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor’s Financial Services LLC (“S&P”). GICS® is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. For Fund compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or they may be defined by Fund management. This definition does not apply for all purposes of this report, which may combine sub-classifications for reporting ease. | ||||||||
| ADR - American Depositary Receipt |
| AG - Aktiengesellschaft |
| NV - Naamloze Vennootschap |
| PLC - Public Limited Company |
| (a) | Non-income producing security. |
| (b) | To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors. |
| (c) | Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional investors. As of July 31, 2024, the value of these securities total $1,593 or 0.2% of the Fund’s net assets. |
| (d) | Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities represented $6,247 or 0.7% of net assets as of July 31, 2024. |
Summary of Fair Value Disclosure as of July 31, 2024 (Unaudited)
Pacer BlueStar Engineering the Future ETF has adopted authoritative fair value accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of July 31, 2024:
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Investments: | ||||||||||||||||
| Common Stocks | $ | 886,007 | $ | – | $ | 6,247 | $ | 892,254 | ||||||||
| Total Investments | $ | 886,007 | $ | – | $ | 6,247 | $ | 892,254 | ||||||||
| Refer to the Schedule of Investments for further disaggregation of investment categories. | ||||||||||||||||
BULD(a) | Balance as of 10/31/2023 | Net Realized Gain (Loss) | Change in Net Unrealized Appreciation (Depreciation) | Purchases | Sales | Transfers Into Level 3 | Transfers Out of Level 3 | Balance as of 7/31/2024 | ||||||||||||||||||||||||
Common Stocks | $ | - | $ | 143 | $ | 1,758 | $ | 4,842 | $ | (496 | ) | $ | - | $ | - | $ | 6,247 | |||||||||||||||
The following is a summary of quantitative information about Level 3 Fair Value Measurements: | ||||||||||||||||||||||||||||||||
| BULD | Fair Value as of 7/31/2024 | Valuation Techniques | Unobservable Input | Impact to Valuation From an Increase to Input | ||||||||||||||||||||||||||||
Common Stocks | $ | 6,247 | Last Trade Price | Stale Data | 68.33 AUD | |||||||||||||||||||||||||||
| (a) Table presents information for one security: Altium Ltd., which has been valued between 43.5 AUD and 68.33 AUD throughout the period. | ||||||||||||||||||||||||||||||||