NPORT-EX 2 eafg.htm PART F

Pacer Developed Markets Cash Cows Growth Leaders ETF
  
Schedule of Investments
  
July 31, 2025 (Unaudited)
  
   
COMMON STOCKS - 99.8%
  
Shares
    
Value
 
Australia - 10.7%
        
Aristocrat Leisure Ltd.
    
941
    
$
42,355
  
BHP Group Ltd.
    
475
      
11,981
  
CAR Group Ltd.
    
555
      
13,618
  
Computershare Ltd.
    
2,155
      
58,374
  
Fortescue Ltd.
    
986
      
11,260
  
Pro Medicus Ltd.
    
481
      
99,501
  
REA Group Ltd.
    
125
      
19,238
  
Transurban Group
    
1,471
      
13,064
  
WiseTech Global Ltd.
    
126
      
9,667
  
             
279,058
  
                 
Belgium - 0.6%
          
Anheuser-Busch InBev SA
    
275
      
16,131
  
                 
Denmark - 2.8%
          
AP Moller - Maersk AS - Class B
    
21
      
41,723
  
Genmab AS (a)
    
40
      
8,791
  
Novo Nordisk AS
    
75
      
3,606
  
Pandora AS
    
120
      
19,915
  
             
74,035
  
                 
Finland - 1.6%
          
Fortum OYJ
    
1,061
      
19,482
  
Nokia OYJ
    
5,646
      
23,118
  
             
42,600
  
                 
France - 2.4%
          
Dassault Systemes SE
    
486
      
16,023
  
Hermes International SCA
    
14
      
34,366
  
LVMH Moet Hennessy Louis Vuitton SE
    
24
      
12,937
  
             
63,326
  
                 
Germany - 1.8%
          
Deutsche Telekom AG
    
1,308
      
46,990
  
                 
Hong Kong - 2.3%
          
Galaxy Entertainment Group Ltd.
    
6,155
      
30,108
  
Power Assets Holdings Ltd.
    
2,415
      
15,905
  
Yangzijiang Shipbuilding Holdings Ltd.
    
7,595
      
14,975
  
             
60,988
  
                 
Ireland - 0.8%
          
Experian PLC
    
375
      
19,830
  
                 
Israel - 7.2%
          
Check Point Software Technologies Ltd. (a)
    
151
      
28,116
  
CyberArk Software Ltd. (a)
    
144
      
59,252
  
Global-e Online Ltd. (a)
    
1,158
      
38,388
  
Monday.com Ltd. (a)
    
126
      
33,048
  
Wix.com Ltd. (a)(b)
    
222
      
30,199
  
             
189,003
  
                 
Italy - 1.6%
          
Moncler SpA
    
480
      
25,713
  
Recordati Industria Chimica e Farmaceutica SpA
    
276
      
15,874
  
             
41,587
  
                 
Japan - 25.5%(c)
          
Advantest Corp.
    
766
      
52,574
  
Capcom Co. Ltd.
    
1,380
      
35,470
  
Central Japan Railway Co.
    
510
      
11,874
  
Chugai Pharmaceutical Co. Ltd.
    
370
      
18,058
  
Daifuku Co. Ltd.
    
2,163
      
55,596
  
Disco Corp.
    
49
      
14,801
  
FANUC Corp.
    
581
      
16,455
  
Fast Retailing Co. Ltd.
    
48
      
14,763
  
Hoya Corp.
    
81
      
10,302
  
Inpex Corp.
    
806
      
11,478
  
Kansai Electric Power Co., Inc.
    
536
      
6,474
  
Keyence Corp.
    
25
      
9,151
  
Konami Group Corp.
    
491
      
66,813
  
LY Corp.
    
12,276
      
45,180
  
M3, Inc.
    
3,553
      
44,307
  
Makita Corp.
    
465
      
14,499
  
Murata Manufacturing Co. Ltd.
    
545
      
8,195
  
Nexon Co. Ltd.
    
521
      
9,584
  
Nintendo Co. Ltd.
    
835
      
70,266
  
Obic Co. Ltd.
    
336
      
12,076
  
Ono Pharmaceutical Co. Ltd.
    
685
      
7,679
  
Oriental Land Co. Ltd.
    
381
      
7,870
  
Recruit Holdings Co. Ltd.
    
235
      
14,106
  
Shimano, Inc.
    
54
      
5,935
  
Shin-Etsu Chemical Co. Ltd.
    
230
      
6,703
  
Shionogi & Co. Ltd.
    
1,001
      
16,900
  
Sony Group Corp.
    
1,995
      
48,711
  
Takeda Pharmaceutical Co. Ltd.
    
540
      
15,040
  
ZOZO, Inc.
    
1,626
      
16,120
  
             
666,980
  
                 
Luxembourg - 1.8%
          
Tenaris SA
    
2,650
      
46,693
  
                 
Macao - 1.8%
          
Sands China Ltd.
    
19,631
      
47,615
  
                 
Netherlands - 4.0%
          
ASM International NV
    
19
      
9,270
  
ASML Holding NV
    
12
      
8,396
  
BE Semiconductor Industries NV
    
95
      
12,912
  
Koninklijke KPN NV
    
3,565
      
15,948
  
Prosus NV
    
800
      
45,867
  
Wolters Kluwer NV
    
80
      
12,480
  
             
104,873
  
                 
New Zealand - 1.3%
          
Xero Ltd. (a)
    
285
      
33,149
  
                 
Norway - 1.4%
          
Kongsberg Gruppen ASA
    
1,225
      
36,701
  
                 
Singapore - 3.9%
          
Grab Holdings Ltd. - Class A (a)
    
16,032
      
78,397
  
Singapore Airlines Ltd.
    
4,731
      
24,777
  
             
103,174
  
                 
Spain - 3.2%
          
Aena SME SA (d)
    
1,300
      
35,005
  
Amadeus IT Holding SA
    
400
      
32,145
  
Industria de Diseno Textil SA
    
350
      
16,740
  
             
83,890
  
                 
Sweden - 9.3%
          
Atlas Copco AB - Class A
    
786
      
11,995
  
Evolution AB (d)
    
99
      
8,823
  
Hexagon AB - Class B
    
2,664
      
29,377
  
Spotify Technology SA (a)(b)
    
181
      
113,404
  
Tele2 AB - Class B
    
1,944
      
30,046
  
Telefonaktiebolaget LM Ericsson - Class B
    
3,470
      
25,288
  
Telia Co. AB
    
7,110
      
25,137
  
             
244,070
  
                 
Switzerland - 7.7%
          
Amrize Ltd. (a)
    
296
      
14,963
  
Cie Financiere Richemont SA
    
269
      
44,179
  
Geberit AG
    
20
      
15,365
  
Givaudan SA
    
3
      
12,598
  
LafargeHolcim Ltd.
    
296
      
23,680
  
Logitech International SA
    
290
      
27,185
  
Novartis AG
    
110
      
12,756
  
Roche Holding AG
    
50
      
15,826
  
Sonova Holding AG
    
44
      
12,042
  
Swisscom AG
    
21
      
14,621
  
VAT Group AG (d)
    
20
      
7,079
  
             
200,294
  
                 
United Kingdom - 8.1%
          
Auto Trader Group PLC (d)
    
1,126
      
12,453
  
British American Tobacco PLC
    
594
      
31,692
  
Halma PLC
    
646
      
27,744
  
Informa PLC
    
1,810
      
20,753
  
Reckitt Benckiser Group PLC
    
505
      
37,828
  
RELX PLC
    
489
      
25,419
  
Sage Group PLC
    
2,568
      
41,376
  
Vodafone Group PLC
    
13,495
      
14,618
  
             
211,883
  
TOTAL COMMON STOCKS (Cost $2,537,760)
      
2,612,870
  
                 
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 5.1%
  
Units
          
Mount Vernon Liquid Assets Portfolio, LLC - 4.58% (e)
    
132,873
      
132,873
  
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $132,873)
      
132,873
  
                 
TOTAL INVESTMENTS - 104.9% (Cost $2,670,633)
      
2,745,743
  
Liabilities in Excess of Other Assets - (4.9)%
      
(129,272
)
TOTAL NET ASSETS - 100.0%
          
$
2,616,471
  
two
      
–
%
Percentages are stated as a percent of net assets.
      
–
%

ASA - Advanced Subscription Agreement
LLC - Limited Liability Company
PLC - Public Limited Company

(a)
Non-income producing security.
(b)
All or a portion of this security is on loan as of July 31, 2025. The fair value of these securities was $125,680.
(c)
To the extent that the Fund invests a significant portion of its assets in the securities of companies of a single country or region, it is more likely to be impacted by events or conditions affecting such country or region.
(d)
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, 2025, the value of these securities total $63,360 or 2.4% of the Fund’s net assets.
(e)
The rate shown represents the 7-day annualized effective yield as of July 31, 2025.


Summary of Fair Value Disclosure as of July 31, 2025 (Unaudited)
 
Pacer Developed Markets Cash Cows Growth Leaders ETF (the "Fund") has adopted fair value accounting standards which establish a 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 valuation 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 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, 2025:

   
Level 1
    
Level 2
    
Level 3
    
Total
  
Assets:
                        
Investments:
                        
  Common Stocks
  
$
2,612,870
    
$
–
    
$
–
    
$
2,612,870
  
  Investments Purchased with Proceeds from Securities Lending(a)
    
–
      
–
      
–
      
132,873
  
Total Investments
  
$
2,612,870
    
$
–
    
$
–
    
$
2,745,743
  
   
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 amount of $132,873 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.