| Pacer Lunt Large Cap Alternator ETF | ||||||||
| Schedule of Investments | ||||||||
| July 31, 2024 (Unaudited) | ||||||||
| COMMON STOCKS - 99.1% | Shares | Value | ||||||
| Communication Services - 2.3% | ||||||||
| Electronic Arts, Inc. | 17,294 | $ | 2,610,356 | |||||
| T-Mobile US, Inc. | 14,474 | 2,638,321 | ||||||
| 5,248,677 | ||||||||
| Consumer Discretionary - 6.1% | ||||||||
Darden Restaurants, Inc. (a) | 13,500 | 1,974,915 | ||||||
| Home Depot, Inc. | 5,667 | 2,086,363 | ||||||
| McDonald's Corp. | 9,800 | 2,600,920 | ||||||
| Ross Stores, Inc. | 14,427 | 2,066,379 | ||||||
| TJX Cos., Inc. | 24,530 | 2,772,381 | ||||||
Yum! Brands, Inc. (a) | 17,262 | 2,292,911 | ||||||
| 13,793,869 | ||||||||
| Consumer Staples - 18.2% | ||||||||
| Altria Group, Inc. | 45,641 | 2,236,865 | ||||||
| Church & Dwight Co., Inc. | 20,856 | 2,044,097 | ||||||
| Coca-Cola Co. | 45,727 | 3,051,820 | ||||||
| Colgate-Palmolive Co. | 28,623 | 2,839,115 | ||||||
| Constellation Brands, Inc. - Class A | 8,151 | 1,998,299 | ||||||
| Costco Wholesale Corp. | 2,708 | 2,225,976 | ||||||
| General Mills, Inc. | 29,672 | 1,992,178 | ||||||
Hershey Co. (a) | 9,785 | 1,932,342 | ||||||
| Kellanova | 32,212 | 1,873,128 | ||||||
| Keurig Dr Pepper, Inc. | 60,104 | 2,060,365 | ||||||
| Kimberly-Clark Corp. | 17,159 | 2,317,323 | ||||||
| Mondelez International, Inc. - Class A | 31,477 | 2,151,453 | ||||||
| PepsiCo, Inc. | 12,978 | 2,240,911 | ||||||
| Philip Morris International, Inc. | 23,106 | 2,660,887 | ||||||
| Procter & Gamble Co. | 16,129 | 2,592,898 | ||||||
| Sysco Corp. | 28,312 | 2,170,115 | ||||||
| The Kraft Heinz Co. | 58,968 | 2,076,263 | ||||||
| Walmart, Inc. | 40,864 | 2,804,905 | ||||||
| 41,268,940 | ||||||||
| Energy - 2.1% | ||||||||
| Kinder Morgan, Inc. | 117,720 | 2,487,424 | ||||||
| Williams Cos., Inc. | 51,876 | 2,227,555 | ||||||
| 4,714,979 | ||||||||
| Financials - 19.0% | ||||||||
| Aflac, Inc. | 22,680 | 2,163,218 | ||||||
| Ameriprise Financial, Inc. | 4,548 | 1,955,958 | ||||||
Arthur J Gallagher & Co. (a) | 8,835 | 2,504,634 | ||||||
Berkshire Hathaway, Inc. - Class B - Class B (b) | 7,551 | 3,311,114 | ||||||
| Brown & Brown, Inc. | 24,384 | 2,424,501 | ||||||
| Cboe Global Markets, Inc. | 11,143 | 2,044,852 | ||||||
| Chubb Ltd. | 8,687 | 2,394,658 | ||||||
| CME Group, Inc. | 10,264 | 1,988,240 | ||||||
Fiserv, Inc. (b) | 14,590 | 2,386,486 | ||||||
| Hartford Financial Services Group, Inc. | 21,804 | 2,418,500 | ||||||
| Intercontinental Exchange, Inc. | 17,276 | 2,618,351 | ||||||
| JPMorgan Chase & Co. | 11,343 | 2,413,790 | ||||||
| Loews Corp. | 33,278 | 2,660,576 | ||||||
| Marsh & McLennan Cos., Inc. | 12,659 | 2,817,514 | ||||||
| MasterCard, Inc. - Class A | 5,127 | 2,377,441 | ||||||
| S&P Global, Inc. | 4,450 | 2,157,049 | ||||||
| Travelers Cos., Inc. | 9,319 | 2,017,004 | ||||||
| Visa, Inc. - Class A | 9,339 | 2,481,092 | ||||||
| 43,134,978 | ||||||||
| Health Care - 9.8% | ||||||||
| Abbott Laboratories | 19,948 | 2,113,291 | ||||||
| AbbVie, Inc. | 12,474 | 2,311,682 | ||||||
| Cencora, Inc. | 11,201 | 2,664,494 | ||||||
Hologic, Inc. (b) | 26,022 | 2,123,655 | ||||||
| Johnson & Johnson | 16,812 | 2,653,774 | ||||||
| Labcorp Holdings, Inc. | 10,251 | 2,208,475 | ||||||
| McKesson Corp. | 3,559 | 2,195,974 | ||||||
| Medtronic PLC | 24,630 | 1,978,282 | ||||||
| Merck & Co., Inc. | 16,636 | 1,882,031 | ||||||
| Quest Diagnostics, Inc. | 14,496 | 2,062,781 | ||||||
| 22,194,439 | ||||||||
| Industrials - 17.7% | ||||||||
| AMETEK, Inc. | 14,150 | 2,454,742 | ||||||
| Automatic Data Processing, Inc. | 8,383 | 2,201,543 | ||||||
| Broadridge Financial Solutions, Inc. | 10,878 | 2,327,892 | ||||||
| Cintas Corp. | 2,952 | 2,255,151 | ||||||
| CSX Corp. | 62,460 | 2,192,346 | ||||||
| General Dynamics Corp. | 7,310 | 2,183,570 | ||||||
| Honeywell International, Inc. | 11,527 | 2,360,153 | ||||||
| IDEX Corp. | 9,005 | 1,877,362 | ||||||
| Illinois Tool Works, Inc. | 8,841 | 2,186,202 | ||||||
| Lockheed Martin Corp. | 4,691 | 2,542,147 | ||||||
| Nordson Corp. | 7,686 | 1,924,036 | ||||||
| Otis Worldwide Corp. | 23,344 | 2,206,008 | ||||||
Paychex, Inc. (a) | 16,307 | 2,087,622 | ||||||
| Republic Services, Inc. | 16,133 | 3,134,965 | ||||||
| Union Pacific Corp. | 7,768 | 1,916,599 | ||||||
| Verisk Analytics, Inc. | 8,442 | 2,209,694 | ||||||
| Waste Management, Inc. | 11,919 | 2,415,505 | ||||||
| Xylem, Inc./NY | 13,756 | 1,836,426 | ||||||
| 40,311,963 | ||||||||
| Information Technology - 7.0% | ||||||||
| Amphenol Corp. - Class A | 33,195 | 2,133,111 | ||||||
| Apple, Inc. | 10,462 | 2,323,401 | ||||||
| CDW Corp. | 9,185 | 2,003,340 | ||||||
| Cisco Systems, Inc. | 41,780 | 2,024,241 | ||||||
| Motorola Solutions, Inc. | 6,080 | 2,425,434 | ||||||
| Roper Technologies, Inc. | 4,914 | 2,676,902 | ||||||
VeriSign, Inc. (b) | 12,349 | 2,309,386 | ||||||
| 15,895,815 | ||||||||
| Materials - 2.8% | ||||||||
| Avery Dennison Corp. | 8,702 | 1,886,855 | ||||||
| Ecolab, Inc. | 8,707 | 2,008,618 | ||||||
| Linde PLC | 5,388 | 2,443,458 | ||||||
| 6,338,931 | ||||||||
| Utilities - 14.1% | ||||||||
| Alliant Energy Corp. | 38,681 | 2,152,984 | ||||||
| Atmos Energy Corp. | 18,424 | 2,356,061 | ||||||
| CenterPoint Energy, Inc. | 68,974 | 1,914,029 | ||||||
| CMS Energy Corp. | 31,547 | 2,044,246 | ||||||
| Consolidated Edison, Inc. | 22,049 | 2,150,218 | ||||||
| DTE Energy Co. | 17,010 | 2,050,215 | ||||||
| Duke Energy Corp. | 21,296 | 2,327,014 | ||||||
| Entergy Corp. | 17,892 | 2,074,935 | ||||||
| FirstEnergy Corp. | 50,075 | 2,098,643 | ||||||
NiSource, Inc. (a) | 66,596 | 2,081,125 | ||||||
| PPL Corp. | 73,881 | 2,195,743 | ||||||
| Public Service Enterprise Group, Inc. | 29,106 | 2,321,786 | ||||||
| Sempra | 26,630 | 2,131,998 | ||||||
| Southern Co. | 26,833 | 2,241,092 | ||||||
| WEC Energy Group, Inc. | 22,895 | 1,970,344 | ||||||
| 32,110,433 | ||||||||
TOTAL COMMON STOCKS (Cost $211,419,732) | 225,013,024 | |||||||
| REAL ESTATE INVESTMENT TRUSTS - 0.9% | Shares | Value | ||||||
Realty Income Corp. (a) | 34,880 | 2,003,159 | ||||||
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $1,927,730) | 2,003,159 | |||||||
| INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 6.0% | ||||||||
Mount Vernon Liquid Assets Portfolio, LLC – 5.51% (c) | 13,607,564 | 13,607,564 | ||||||
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $13,607,564) | 13,607,564 | |||||||
TOTAL INVESTMENTS - 106.0% (Cost $226,955,026) | 240,623,747 | |||||||
| Liabilities in Excess of Other Assets - (6.0)% | (13,401,114 | ) | ||||||
| TOTAL NET ASSETS - 100.0% | $ | 227,222,633 | ||||||
| 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. | ||||||||
| PLC - Public Limited Company |
| (a) | All or a portion of this security is on loan as of July 31, 2024. The total market value of these securities was $13,285,867 which represented 5.8% of net assets. |
| (b) | Non-income producing security. |
| (c) | The rate shown represents the 7-day annualized effective yield as of July 31, 2024. |
Summary of Fair Value Disclosure as of July 31, 2024 (Unaudited)
Pacer Lunt Large Cap Alternator 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 | $ | 225,013,024 | $ | – | $ | – | $ | 225,013,024 | ||||||||
| Real Estate Investment Trusts | 2,003,159 | – | – | 2,003,159 | ||||||||||||
Investments Purchased with Proceeds from Securities Lending(a) | – | – | – | 13,607,564 | ||||||||||||
| Total Investments | $ | 227,016,183 | $ | – | $ | – | $ | 240,623,747 | ||||||||
| Refer to the Schedule of Investments for further disaggregation of investment categories. | ||||||||||||||||
| (a) | Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments. |