NPORT-EX 2 altl.htm PART F

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.