NPORT-EX 2 shpp.htm PART F

Pacer Industrials and Logistics ETF
  
Schedule of Investments
  
July 31, 2025 (Unaudited)
  
   
COMMON STOCKS - 98.9%
  
Shares
    
Value
 
Energy - 0.6%
        
ADNOC Logistics & Services
    
2,335
    
$
2,963
  
SFL Corp. Ltd.
    
46
      
422
  
             
3,385
  
                 
Industrials - 85.6%(a)
          
ABB Ltd.
    
948
      
62,480
  
ANE Cayman, Inc. (b)
    
370
      
384
  
AP Moller - Maersk AS - Class B
    
2
      
3,986
  
ArcBest Corp.
    
7
      
512
  
ATS Corp. (b)
    
31
      
943
  
AutoStore Holdings Ltd. (b)(c)
    
1,081
      
768
  
Brambles Ltd.
    
430
      
6,620
  
Canadian National Railway Co.
    
197
      
18,435
  
Canadian Pacific Kansas City Ltd.
    
519
      
38,253
  
Cargotec Oyj
    
17
      
1,164
  
CH Robinson Worldwide, Inc.
    
37
      
4,267
  
China Merchants Port Holdings Co. Ltd.
    
1,327
      
2,613
  
CJ Logistics Corp.
    
7
      
449
  
Clarkson PLC
    
10
      
457
  
COSCO SHIPPING Holdings Co. Ltd. - Class H
    
938
      
1,716
  
COSCO SHIPPING Ports Ltd.
    
1,188
      
832
  
Costamare, Inc.
    
36
      
363
  
CSX Corp.
    
589
      
20,933
  
CTT-Correios de Portugal SA
    
44
      
373
  
Daifuku Co. Ltd.
    
118
      
3,039
  
Danaos Corp.
    
6
      
551
  
Deutsche Post AG
    
376
      
16,977
  
DSV AS
    
76
      
17,071
  
Expeditors International of Washington, Inc.
    
43
      
4,998
  
FedEx Corp.
    
76
      
16,985
  
Full Truck Alliance Co. Ltd. - ADR
    
296
      
3,419
  
Golden Ocean Group Ltd. (d)
    
60
      
490
  
GXO Logistics, Inc. (b)
    
36
      
1,790
  
Hapag-Lloyd AG (c)
    
55
      
7,988
  
HMM Co. Ltd.
    
276
      
4,667
  
Hoegh Autoliners ASA
    
60
      
609
  
Hyundai Glovis Co. Ltd.
    
24
      
2,553
  
ID Logistics Group SACA (b)
    
2
      
1,008
  
International Container Terminal Services, Inc.
    
633
      
4,862
  
J&T Global Express Ltd. (b)
    
2,530
      
3,326
  
JB Hunt Trasport Services, Inc.
    
31
      
4,466
  
JD Logistics, Inc. (b)(c)
    
2,062
      
3,588
  
Kalmar Oyj - Class B
    
17
      
772
  
Kamigumi Co. Ltd.
    
34
      
957
  
Kardex Holding AG
    
2
      
773
  
Kawasaki Kisen Kaisha Ltd.
    
202
      
2,876
  
KION Group AG
    
41
      
2,546
  
Kirby Corp. (b)(d)
    
18
      
1,716
  
Knight-Swift Transportation Holdings, Inc. (d)
    
51
      
2,168
  
Konoike Transport Co. Ltd.
    
18
      
386
  
Kuehne + Nagel International AG
    
38
      
7,780
  
Landstar System, Inc.
    
11
      
1,467
  
Logista Integral SA
    
42
      
1,334
  
Mainfreight Ltd.
    
32
      
1,118
  
Marten Transport Ltd.
    
26
      
316
  
Matson, Inc.
    
10
      
1,068
  
Mitsubishi Logisnext Co. Ltd.
    
34
      
444
  
Mitsubishi Logistics Corp.
    
120
      
1,029
  
Mitsui OSK Lines Ltd.
    
113
      
3,818
  
Mitsui-Soko Holdings Co. Ltd.
    
24
      
628
  
Navios Maritime Partners LP
    
10
      
410
  
Nikkon Holdings Co. Ltd.
    
40
      
907
  
NIPPON EXPRESS HOLDINGS INC
    
83
      
1,829
  
Nippon Yusen KK
    
145
      
5,107
  
Norfolk Southern Corp.
    
71
      
19,738
  
Old Dominion Freight Line, Inc.
    
67
      
10,000
  
Orient Overseas International Ltd.
    
205
      
3,695
  
Pacific Basin Shipping Ltd.
    
1,621
      
469
  
Pan Ocean Co. Ltd.
    
167
      
507
  
Qube Holdings Ltd.
    
558
      
1,570
  
Rumo SA
    
580
      
1,719
  
RXO, Inc. (b)(d)
    
52
      
803
  
Ryder System, Inc.
    
13
      
2,310
  
Saia, Inc. (b)
    
9
      
2,720
  
Sankyu, Inc.
    
17
      
1,003
  
Santos Brasil Participacoes SA
    
274
      
682
  
Schneider National, Inc. - Class B
    
29
      
709
  
Seino Holdings Co. Ltd.
    
59
      
902
  
Senko Group Holdings Co. Ltd.
    
56
      
758
  
SG Holdings Co. Ltd.
    
202
      
2,257
  
SITC International Holdings Co. Ltd.
    
836
      
2,710
  
Star Bulk Carriers Corp. (d)
    
37
      
676
  
Sumitomo Warehouse Co. Ltd.
    
25
      
520
  
Symbotic, Inc. (b)(d)
    
35
      
1,888
  
TFI International, Inc.
    
27
      
2,353
  
Toyota Industries Corp.
    
102
      
11,031
  
Transcoal Pacific Tbk PT
    
1,577
      
601
  
TS Lines Ltd.
    
528
      
570
  
Union Pacific Corp. (d)
    
238
      
52,829
  
United Parcel Service, Inc. - Class B
    
409
      
35,239
  
Wallenius Wilhelmsen ASA
    
134
      
1,209
  
Werner Enterprises, Inc.
    
20
      
554
  
Westshore Terminals Investment Corp.
    
20
      
408
  
Wilson Sons SA
    
138
      
436
  
XPO Logistics, Inc. (b)
    
37
      
4,451
  
Yamato Holdings Co. Ltd.
    
114
      
1,663
  
Yaskawa Electric Corp.
    
84
      
1,776
  
ZIM Integrated Shipping Services Ltd.
    
38
      
602
  
ZTO Express Cayman, Inc.
    
186
      
3,599
  
             
476,341
  
                 
Information Technology - 12.7%
          
Celestica, Inc. (b)
    
36
      
7,213
  
Cognex Corp.
    
53
      
2,161
  
Cybozu, Inc.
    
17
      
457
  
Flex Ltd. (b)(d)
    
120
      
5,984
  
Open Text Corp.
    
82
      
2,419
  
Sanmina Corp. (b)
    
17
      
1,972
  
SAP SE
    
175
      
50,234
  
             
70,440
  
TOTAL COMMON STOCKS (Cost $598,876)
      
550,166
  
                 
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 11.7%
  
Units
          
Mount Vernon Liquid Assets Portfolio, LLC, 4.58% (e)
    
64,998
      
64,998
  
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $64,998)
      
64,998
  
                 
TOTAL INVESTMENTS - 110.6% (Cost $663,874)
      
615,164
  
Liabilities in Excess of Other Assets - (10.6)%
      
(58,738
)
TOTAL NET ASSETS - 100.0%
          
$
556,426
  
two
      
–
%
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.
  

ADR - American Depositary Receipt
ASA - Advanced Subscription Agreement
LLC - Limited Liability Company
LP - Limited Partnership
PLC - Public Limited Company

(a)
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.
(b)
Non-income producing security.
(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, 2025, the value of these securities total $12,344 or 2.2% of the Fund’s net assets.
(d)
All or a portion of this security is on loan as of July 31, 2025. The fair value of these securities was $62,354.
(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 Industrials and Logistics 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
  
$
550,166
    
$
–
    
$
–
    
$
550,166
  
  Investments Purchased with Proceeds from Securities Lending(a)
    
–
      
–
      
–
      
64,998
  
Total Investments
  
$
550,166
    
$
–
    
$
–
    
$
615,164
  
   
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 $64,998 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.