| Pacer US Export Leaders ETF | ||||||||
| Schedule of Investments | ||||||||
| July 31, 2024 (Unaudited) | ||||||||
| COMMON STOCKS - 100.0% | Shares | Value | ||||||
| Communication Services - 4.7% | ||||||||
| Alphabet, Inc. - Class A | 3,576 | $ | 613,427 | |||||
| Meta Platforms, Inc. - Class A | 1,257 | 596,861 | ||||||
Netflix, Inc. (a) | 944 | 593,162 | ||||||
| News Corp. - Class A | 23,339 | 643,690 | ||||||
Warner Music Group Corp. - Class A (b) | 20,080 | 602,601 | ||||||
3,049,741 | ||||||||
| Consumer Discretionary - 12.7% | ||||||||
Airbnb, Inc. - Class A (a) | 4,332 | 604,574 | ||||||
Aptiv PLC (a) | 8,990 | 623,816 | ||||||
Autoliv, Inc. (b) | 5,774 | 583,982 | ||||||
| Booking Holdings, Inc. | 160 | 594,402 | ||||||
Crocs, Inc. (a) | 4,022 | 540,436 | ||||||
Garmin Ltd. (b) | 3,960 | 678,150 | ||||||
| LKQ Corp. | 15,682 | 650,803 | ||||||
| McDonald's Corp. | 2,491 | 661,111 | ||||||
| PVH Corp. | 5,580 | 569,104 | ||||||
| Ralph Lauren Corp. - Class A | 3,517 | 617,550 | ||||||
Skechers USA, Inc. - Class A (a) | 8,757 | 570,343 | ||||||
Tesla Motors, Inc. (a) | 3,549 | 823,617 | ||||||
Visteon Corp. (a) | 6,079 | 702,368 | ||||||
8,220,256 | ||||||||
| Consumer Staples - 5.1% | ||||||||
| Archer-Daniels-Midland Co. | 10,625 | 658,856 | ||||||
| Bunge Global SA | 6,150 | 647,165 | ||||||
| Coca-Cola Co. | 10,099 | 674,007 | ||||||
| Ingredion, Inc. | 5,553 | 690,627 | ||||||
| Kimberly-Clark Corp. | 4,530 | 611,776 | ||||||
3,282,431 | ||||||||
| Energy - 5.4% | ||||||||
APA Corp. (b) | 22,713 | 708,419 | ||||||
| Baker Hughes Co. | 20,324 | 786,945 | ||||||
Exxon Mobil Corp. (b) | 5,795 | 687,229 | ||||||
| Halliburton Co. | 19,194 | 665,648 | ||||||
Weatherford International PLC (a) | 5,666 | 667,795 | ||||||
3,516,036 | ||||||||
| Health Care - 9.5% | ||||||||
| Agilent Technologies, Inc. | 4,866 | 688,053 | ||||||
BioMarin Pharmaceutical, Inc. (a) | 7,570 | 638,378 | ||||||
| Danaher Corp. | 2,480 | 687,158 | ||||||
IQVIA Holdings, Inc. (a) | 2,975 | 732,534 | ||||||
Mettler-Toledo International, Inc. (a) | 435 | 661,648 | ||||||
Regeneron Pharmaceuticals, Inc. (a) | 610 | 658,306 | ||||||
Repligen Corp. (a)(b) | 5,033 | 842,273 | ||||||
| Thermo Fisher Scientific, Inc. | 1,105 | 677,741 | ||||||
| West Pharmaceutical Services, Inc. | 1,895 | 580,192 | ||||||
6,166,283 | ||||||||
| Industrials - 14.9% | ||||||||
| AGCO Corp. | 6,097 | 575,679 | ||||||
| Brink's Co. | 6,447 | 709,105 | ||||||
Caterpillar, Inc. (b) | 1,970 | 682,014 | ||||||
Concentrix Corp. (b) | 10,852 | 765,066 | ||||||
| Donaldson Co., Inc. | 8,817 | 659,688 | ||||||
| General Electric Co. | 4,055 | 690,161 | ||||||
| Genpact Ltd. | 20,455 | 709,175 | ||||||
GXO Logistics, Inc. (a)(b) | 13,177 | 737,648 | ||||||
| Howmet Aerospace, Inc. | 8,008 | 766,366 | ||||||
| Ingersoll Rand, Inc. | 6,905 | 693,262 | ||||||
| ITT, Inc. | 4,987 | 705,461 | ||||||
| Nordson Corp. | 2,764 | 691,912 | ||||||
Uber Technologies, Inc. (a) | 9,025 | 581,842 | ||||||
| Westinghouse Air Brake Technologies Corp. | 3,941 | 635,092 | ||||||
9,602,471 | ||||||||
Information Technology - 33.2%(c) | ||||||||
| Accenture PLC - Class A | 2,209 | 730,340 | ||||||
Advanced Micro Devices, Inc. (a) | 3,956 | 571,563 | ||||||
Allegro MicroSystems, Inc. (a)(b) | 22,550 | 542,102 | ||||||
Altair Engineering, Inc. - Class A (a)(b) | 6,540 | 577,874 | ||||||
| Amphenol Corp. | 9,256 | 594,791 | ||||||
| Apple, Inc. | 2,978 | 661,354 | ||||||
| Applied Materials, Inc. | 2,667 | 565,937 | ||||||
Arrow Electronics, Inc. (a) | 4,902 | 606,328 | ||||||
Autodesk, Inc. (a) | 2,801 | 693,304 | ||||||
| Broadcom, Inc. | 3,650 | 586,482 | ||||||
Cadence Design System, Inc. (a) | 2,024 | 541,744 | ||||||
Cirrus Logic, Inc. (a) | 5,160 | 673,277 | ||||||
Coherent Corp. (a) | 8,806 | 613,602 | ||||||
| Corning, Inc. | 16,970 | 678,970 | ||||||
Fortinet, Inc. (a) | 10,402 | 603,732 | ||||||
Hewlett Packard Enterprise Co. (b) | 29,254 | 582,447 | ||||||
| Jabil, Inc. | 5,291 | 596,137 | ||||||
KLA Corp. (b) | 768 | 632,118 | ||||||
Kyndryl Holdings, Inc. (a) | 24,730 | 664,495 | ||||||
| Lam Research Corp. | 610 | 561,956 | ||||||
Lattice Semiconductor Corp. (a)(b) | 10,490 | 555,970 | ||||||
| Littelfuse, Inc. | 2,490 | 665,104 | ||||||
MACOM Technology Solutions Holdings, Inc. (a)(b) | 6,064 | 611,979 | ||||||
| Microchip Technology, Inc. | 6,917 | 614,091 | ||||||
| Microsoft Corp. | 1,427 | 596,985 | ||||||
| Monolithic Power Systems, Inc. | 779 | 672,347 | ||||||
Novanta, Inc. (a) | 3,920 | 710,226 | ||||||
| NVIDIA Corp. | 4,789 | 560,409 | ||||||
Onto Innovation, Inc. (a) | 2,879 | 550,753 | ||||||
PTC, Inc. (a)(b) | 3,639 | 647,196 | ||||||
| QUALCOMM, Inc. | 2,930 | 530,183 | ||||||
Rambus, Inc. (a) | 11,096 | 570,778 | ||||||
Synopsys, Inc. (a) | 1,068 | 596,286 | ||||||
| TE Connectivity Ltd. | 4,287 | 661,613 | ||||||
Teledyne Technologies, Inc. (a) | 1,618 | 682,569 | ||||||
21,505,042 | ||||||||
| Materials - 14.5% | ||||||||
| AptarGroup, Inc. | 4,366 | 641,715 | ||||||
| Ashland, Inc. | 6,589 | 636,827 | ||||||
| Avery Dennison Corp. | 2,787 | 604,305 | ||||||
Axalta Coating Systems Ltd. (a) | 18,310 | 652,751 | ||||||
| Cabot Corp. | 6,517 | 653,590 | ||||||
Corteva, Inc. (b) | 12,347 | 692,667 | ||||||
| Crane NXT Co. | 10,470 | 658,354 | ||||||
| Crown Holdings, Inc. | 8,084 | 717,051 | ||||||
| FMC Corp. | 11,530 | 672,891 | ||||||
| International Flavors & Fragrances, Inc. | 6,687 | 665,223 | ||||||
| Linde PLC | 1,449 | 657,121 | ||||||
| Mosaic Co. | 23,272 | 692,807 | ||||||
| NewMarket Corp. | 1,212 | 679,774 | ||||||
| Royal Gold, Inc. | 5,200 | 718,224 | ||||||
9,343,300 | ||||||||
TOTAL COMMON STOCKS (Cost $57,293,741) | 64,685,560 | |||||||
| INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 12.7% | ||||||||
| Investments Purchased with Proceeds from Securities Lending - 12.7% | ||||||||
Mount Vernon Liquid Assets Portfolio, LLC – 5.51% (d) | 8,248,073 | 8,248,073 | ||||||
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $8,248,073) | 8,248,073 | |||||||
TOTAL INVESTMENTS - 112.7% (Cost $65,541,814) | 72,933,633 | |||||||
| Liabilities in Excess of Other Assets - (12.7)% | (8,216,004 | ) | ||||||
| TOTAL NET ASSETS - 100.0% | $ | 64,717,629 | ||||||
| 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 |
| SA - Sociedad Anónima |
| (a) | Non-income producing security. |
| (b) | All or a portion of this security is on loan as of July 31, 2024. The total market value of these securities was $8,201,989 which represented 12.7% of net assets. |
| (c) | 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. |
| (d) | 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 US Export Leaders 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 | $ | 64,685,560 | $ | – | $ | – | $ | 64,685,560 | ||||||||
Investments Purchased with Proceeds from Securities Lending(a) | – | – | – | 8,248,073 | ||||||||||||
| Total Investments | $ | 64,685,560 | $ | – | $ | – | $ | 72,933,633 | ||||||||
| 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. |