NPORT-EX 2 qdpl.htm PART F

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF
  
Schedule of Investments
  
July 31, 2025 (Unaudited)
  
   
COMMON STOCKS – 88.4%
  
Shares
    
Value
 
Communication Services – 8.9%
        
Alphabet, Inc. – Class A
    
106,476
    
$
20,432,744
  
Alphabet, Inc. – Class C
    
85,917
      
16,569,953
  
AT&T, Inc.
    
131,656
      
3,608,691
  
Charter Communications, Inc. – Class A (a)(b)
    
1,729
      
465,724
  
Comcast Corp. – Class A
    
68,307
      
2,269,842
  
Electronic Arts, Inc.
    
4,149
      
632,681
  
Fox Corp. – Class A
    
3,907
      
217,854
  
Fox Corp. – Class B
    
2,380
      
121,713
  
Interpublic Group of Cos., Inc.
    
6,754
      
166,148
  
Live Nation Entertainment, Inc. (a)
    
2,880
      
425,376
  
Match Group, Inc.
    
4,440
      
152,159
  
Meta Platforms, Inc. – Class A
    
39,707
      
30,710,982
  
Netflix, Inc. (a)
    
7,771
      
9,009,697
  
News Corp. – Class A
    
6,882
      
201,780
  
News Corp. – Class B
    
2,029
      
67,809
  
Omnicom Group, Inc.
    
3,522
      
253,760
  
Paramount Global – Class B (b)
    
11,030
      
138,647
  
Take-Two Interactive Software, Inc. (a)
    
3,082
      
686,454
  
TKO Group Holdings, Inc. (b)
    
1,208
      
202,956
  
T-Mobile US, Inc.
    
8,710
      
2,076,551
  
Trade Desk, Inc. – Class A (a)
    
8,198
      
712,898
  
Verizon Communications, Inc.
    
77,152
      
3,299,020
  
Walt Disney Co.
    
32,960
      
3,925,866
  
Warner Bros Discovery, Inc. (a)
    
41,273
      
543,566
  
             
96,892,871
  
                 
Consumer Discretionary – 9.4%
          
Airbnb, Inc. – Class A (a)
    
7,874
      
1,042,596
  
Amazon.com, Inc. (a)
    
172,728
      
40,437,352
  
Aptiv PLC (a)
    
3,970
      
272,501
  
AutoZone, Inc. (a)
    
300
      
1,130,514
  
Best Buy Co., Inc.
    
3,479
      
226,344
  
Booking Holdings, Inc.
    
583
      
3,208,867
  
Caesars Entertainment, Inc. (a)
    
3,803
      
101,464
  
CarMax, Inc. (a)
    
2,790
      
157,942
  
Carnival Corp. (a)(b)
    
19,248
      
573,013
  
Chipotle Mexican Grill, Inc. (a)
    
24,704
      
1,059,308
  
Darden Restaurants, Inc.
    
2,125
      
428,549
  
Deckers Outdoor Corp. (a)
    
2,780
      
295,153
  
Domino’s Pizza, Inc.
    
613
      
283,948
  
DoorDash, Inc. – Class A (a)
    
6,233
      
1,559,808
  
DR Horton, Inc.
    
5,036
      
719,342
  
eBay, Inc.
    
8,438
      
774,187
  
Expedia Group, Inc.
    
2,203
      
397,025
  
Ford Motor Co.
    
71,393
      
790,321
  
Garmin Ltd.
    
2,819
      
616,684
  
General Motors Co.
    
17,612
      
939,424
  
Genuine Parts Co.
    
2,497
      
321,813
  
Hasbro, Inc.
    
2,376
      
178,580
  
Hilton Worldwide Holdings, Inc.
    
4,312
      
1,155,961
  
Home Depot, Inc.
    
18,229
      
6,699,340
  
Las Vegas Sands Corp.
    
6,170
      
323,308
  
Lennar Corp. – Class A
    
4,217
      
473,063
  
LKQ Corp.
    
4,723
      
139,187
  
Lowe’s Cos., Inc.
    
10,249
      
2,291,369
  
Lululemon Athletica, Inc. (a)
    
2,014
      
403,867
  
Marriott International, Inc. – Class A
    
4,134
      
1,090,673
  
McDonald’s Corp.
    
13,090
      
3,927,916
  
MGM Resorts International (a)
    
3,783
      
137,890
  
Mohawk Industries, Inc. (a)
    
949
      
108,670
  
NIKE, Inc. – Class B
    
21,563
      
1,610,541
  
Norwegian Cruise Line Holdings Ltd. (a)
    
8,195
      
209,464
  
NVR, Inc. (a)
    
52
      
392,574
  
O’Reilly Automotive, Inc. (a)
    
15,666
      
1,540,281
  
Pool Corp.
    
673
      
207,378
  
PulteGroup, Inc.
    
3,674
      
414,868
  
Ralph Lauren Corp.
    
714
      
213,308
  
Ross Stores, Inc.
    
5,993
      
818,284
  
Royal Caribbean Cruises Ltd.
    
4,580
      
1,455,845
  
Starbucks Corp.
    
20,850
      
1,858,986
  
Tapestry, Inc.
    
3,798
      
410,298
  
Tesla Motors, Inc. (a)
    
51,245
      
15,797,296
  
TJX Cos., Inc.
    
20,448
      
2,546,389
  
Tractor Supply Co. (b)
    
9,683
      
551,447
  
Ulta Beauty, Inc. (a)
    
809
      
416,643
  
Williams-Sonoma, Inc.
    
2,226
      
416,373
  
Wynn Resorts Ltd.
    
1,599
      
174,339
  
Yum! Brands, Inc.
    
5,062
      
729,687
  
             
102,029,980
  
                 
Consumer Staples – 4.7%
          
Altria Group, Inc.
    
30,899
      
1,913,884
  
Archer-Daniels-Midland Co.
    
8,771
      
475,213
  
Brown-Forman Corp. – Class B (b)
    
3,300
      
95,205
  
Bunge Global SA
    
2,422
      
193,179
  
Church & Dwight Co., Inc.
    
4,458
      
418,027
  
Clorox Co.
    
2,231
      
280,124
  
Coca-Cola Co.
    
70,846
      
4,809,735
  
Colgate-Palmolive Co.
    
14,844
      
1,244,669
  
Conagra Brands, Inc.
    
8,718
      
159,191
  
Constellation Brands, Inc. – Class A
    
2,803
      
468,213
  
Costco Wholesale Corp.
    
8,081
      
7,593,231
  
Dollar General Corp.
    
4,008
      
420,439
  
Dollar Tree, Inc. (a)
    
3,624
      
411,505
  
Estee Lauder Cos., Inc. – Class A
    
4,252
      
396,882
  
General Mills, Inc.
    
10,042
      
491,857
  
Hershey Co.
    
2,716
      
505,529
  
Hormel Foods Corp.
    
5,293
      
148,680
  
J M Smucker Co.
    
1,943
      
208,562
  
Kellanova
    
4,906
      
391,646
  
Kenvue, Inc.
    
35,173
      
754,109
  
Keurig Dr Pepper, Inc.
    
24,889
      
812,626
  
Kimberly-Clark Corp.
    
6,044
      
753,203
  
Kroger Co.
    
11,215
      
786,172
  
Lamb Weston Holdings, Inc.
    
2,537
      
144,787
  
McCormick & Co., Inc.
    
4,629
      
326,946
  
Molson Coors Beverage Co. – Class B (b)
    
3,115
      
151,763
  
Mondelez International, Inc. – Class A
    
23,744
      
1,535,999
  
Monster Beverage Corp. (a)
    
12,870
      
756,113
  
PepsiCo, Inc.
    
25,110
      
3,463,171
  
Philip Morris International, Inc.
    
28,527
      
4,679,854
  
Procter & Gamble Co.
    
42,888
      
6,453,357
  
Sysco Corp.
    
8,844
      
703,982
  
Target Corp. (b)
    
8,324
      
836,562
  
The Campbell’s Co. (b)
    
3,551
      
113,348
  
The Kraft Heinz Co.
    
15,822
      
434,472
  
Tyson Foods, Inc. – Class A
    
5,203
      
272,117
  
Walgreens Boots Alliance, Inc.
    
13,136
      
152,903
  
Walmart, Inc.
    
79,062
      
7,746,495
  
             
51,503,750
  
                 
Energy – 2.7%
          
APA Corp. (b)
    
6,602
      
127,352
  
Baker Hughes Co.
    
18,174
      
818,739
  
Chevron Corp.
    
34,931
      
5,296,937
  
ConocoPhillips
    
23,128
      
2,205,023
  
Coterra Energy, Inc.
    
13,976
      
340,875
  
Devon Energy Corp.
    
11,781
      
391,365
  
Diamondback Energy, Inc.
    
3,383
      
502,917
  
EOG Resources, Inc.
    
10,011
      
1,201,520
  
EQT Corp.
    
10,976
      
589,960
  
Expand Energy Corp.
    
3,950
      
413,881
  
Exxon Mobil Corp.
    
78,883
      
8,806,498
  
Halliburton Co.
    
15,749
      
352,778
  
Kinder Morgan, Inc.
    
35,461
      
995,036
  
Marathon Petroleum Corp.
    
5,623
      
956,978
  
Occidental Petroleum Corp.
    
12,980
      
570,341
  
ONEOK, Inc.
    
11,421
      
937,778
  
Phillips 66
    
7,460
      
921,907
  
Schlumberger Ltd.
    
27,452
      
927,878
  
Targa Resources Corp.
    
3,956
      
658,318
  
Texas Pacific Land Corp.
    
338
      
327,228
  
Valero Energy Corp.
    
5,726
      
786,237
  
Williams Cos., Inc.
    
22,359
      
1,340,422
  
             
29,469,968
  
                 
Financials – 12.4%
          
Aflac, Inc.
    
8,876
      
881,919
  
Allstate Corp.
    
4,837
      
983,120
  
American Express Co.
    
10,142
      
3,035,602
  
American International Group, Inc.
    
10,534
      
817,754
  
Ameriprise Financial, Inc.
    
1,729
      
895,951
  
Aon PLC – Class A
    
3,939
      
1,401,142
  
Apollo Global Management, Inc.
    
8,275
      
1,202,523
  
Arch Capital Group Ltd.
    
6,814
      
586,413
  
Arthur J Gallagher & Co.
    
4,688
      
1,346,628
  
Assurant, Inc.
    
929
      
174,002
  
Bank of America Corp.
    
119,787
      
5,662,332
  
Bank of New York Mellon Corp.
    
13,097
      
1,328,691
  
Berkshire Hathaway, Inc. – Class B (a)
    
33,637
      
15,872,628
  
Blackrock, Inc. (b)
    
2,614
      
2,891,110
  
Blackstone, Inc.
    
13,340
      
2,307,286
  
Block, Inc. (a)(b)
    
10,143
      
783,648
  
Brown & Brown, Inc.
    
5,114
      
467,266
  
Capital One Financial Corp.
    
11,678
      
2,510,770
  
Cboe Global Markets, Inc.
    
1,914
      
461,351
  
Charles Schwab Corp.
    
31,302
      
3,059,144
  
Chubb Ltd.
    
6,804
      
1,810,136
  
Cincinnati Financial Corp.
    
2,858
      
421,584
  
Citigroup, Inc.
    
34,219
      
3,206,320
  
Citizens Financial Group, Inc.
    
7,909
      
377,418
  
CME Group, Inc.
    
6,594
      
1,834,978
  
Coinbase Global, Inc. – Class A (a)
    
3,862
      
1,458,909
  
Corpay, Inc. (a)
    
1,267
      
409,304
  
Erie Indemnity Co. – Class A
    
447
      
159,239
  
Everest Group Ltd.
    
762
      
255,880
  
FactSet Research Systems, Inc.
    
680
      
273,972
  
Fidelity National Information Services, Inc.
    
9,601
      
762,415
  
Fifth Third Bancorp
    
12,216
      
507,819
  
Fiserv, Inc. (a)
    
10,159
      
1,411,491
  
Franklin Resources, Inc.
    
5,672
      
136,128
  
Global Payments, Inc.
    
4,417
      
353,139
  
Globe Life, Inc.
    
1,474
      
207,053
  
Goldman Sachs Group, Inc.
    
5,617
      
4,064,405
  
Hartford Financial Services Group, Inc.
    
5,167
      
642,723
  
Huntington Bancshares, Inc.
    
26,699
      
438,665
  
Intercontinental Exchange, Inc.
    
10,487
      
1,938,312
  
Invesco Ltd.
    
8,208
      
172,450
  
Jack Henry & Associates, Inc.
    
1,307
      
221,948
  
JPMorgan Chase & Co.
    
50,874
      
15,070,914
  
KeyCorp.
    
18,038
      
323,241
  
KKR & Co., Inc.
    
12,376
      
1,814,074
  
Loews Corp.
    
3,161
      
286,197
  
M&T Bank Corp.
    
2,930
      
552,891
  
MarketAxess Holdings, Inc.
    
672
      
138,096
  
Marsh & McLennan Cos., Inc.
    
8,981
      
1,789,015
  
Mastercard, Inc. – Class A
    
14,857
      
8,416,045
  
MetLife, Inc.
    
10,321
      
783,880
  
Moody’s Corp.
    
2,831
      
1,460,032
  
Morgan Stanley
    
22,665
      
3,228,856
  
MSCI, Inc.
    
1,385
      
777,484
  
Nasdaq, Inc.
    
7,562
      
727,616
  
Northern Trust Corp.
    
3,512
      
456,560
  
PayPal Holdings, Inc. (a)
    
17,802
      
1,224,066
  
PNC Financial Services Group, Inc.
    
7,257
      
1,380,789
  
Principal Financial Group, Inc.
    
3,774
      
293,730
  
Progressive Corp.
    
10,703
      
2,590,554
  
Prudential Financial, Inc.
    
6,485
      
671,716
  
Raymond James Financial, Inc.
    
3,290
      
549,858
  
Regions Financial Corp.
    
16,481
      
417,464
  
S&P Global, Inc.
    
5,738
      
3,162,212
  
State Street Corp.
    
5,185
      
579,424
  
Synchrony Financial
    
6,941
      
483,579
  
T Rowe Price Group, Inc.
    
4,014
      
407,220
  
Travelers Cos., Inc.
    
4,121
      
1,072,449
  
Truist Financial Corp.
    
23,996
      
1,048,865
  
US Bancorp
    
28,553
      
1,283,743
  
Visa, Inc. – Class A
    
31,354
      
10,831,866
  
W R Berkley Corp.
    
5,495
      
378,111
  
Wells Fargo & Co.
    
59,533
      
4,800,146
  
Willis Towers Watson PLC
    
1,819
      
574,458
  
             
135,308,719
  
                 
Health Care – 7.9%
          
Abbott Laboratories
    
31,908
      
4,026,471
  
AbbVie, Inc.
    
32,363
      
6,117,254
  
Agilent Technologies, Inc.
    
5,184
      
595,175
  
Align Technology, Inc. (a)
    
1,227
      
158,295
  
Amgen, Inc.
    
9,812
      
2,895,521
  
Baxter International, Inc.
    
9,392
      
204,370
  
Becton Dickinson & Co.
    
5,210
      
928,683
  
Biogen, Inc. (a)
    
2,629
      
336,512
  
Bio-Techne Corp.
    
2,866
      
156,856
  
Boston Scientific Corp. (a)
    
27,086
      
2,841,863
  
Bristol-Myers Squibb Co.
    
37,327
      
1,616,632
  
Cardinal Health, Inc.
    
4,328
      
671,792
  
Cencora, Inc.
    
3,135
      
896,861
  
Centene Corp. (a)
    
9,125
      
237,889
  
Charles River Laboratories International, Inc. (a)
    
880
      
149,283
  
Cigna Group
    
4,877
      
1,304,012
  
Cooper Cos., Inc. (a)
    
3,666
      
259,150
  
CVS Health Corp.
    
23,173
      
1,439,043
  
Danaher Corp.
    
11,632
      
2,293,365
  
DaVita, Inc. (a)
    
744
      
104,435
  
DexCom, Inc. (a)
    
7,137
      
576,456
  
Edwards Lifesciences Corp. (a)
    
10,709
      
849,331
  
Elevance Health, Inc.
    
4,110
      
1,163,459
  
Eli Lilly & Co.
    
14,376
      
10,639,246
  
GE HealthCare Technologies, Inc.
    
8,385
      
598,018
  
Gilead Sciences, Inc.
    
22,812
      
2,561,560
  
HCA Healthcare, Inc.
    
3,147
      
1,114,007
  
Henry Schein, Inc. (a)
    
2,205
      
149,168
  
Hologic, Inc. (a)
    
4,057
      
271,089
  
Humana, Inc.
    
2,187
      
546,466
  
IDEXX Laboratories, Inc. (a)
    
1,437
      
767,804
  
Incyte Corp. (a)
    
2,932
      
219,578
  
Insulet Corp. (a)
    
1,265
      
364,826
  
Intuitive Surgical, Inc. (a)
    
6,560
      
3,155,950
  
IQVIA Holdings, Inc. (a)
    
2,995
      
556,651
  
Johnson & Johnson
    
44,102
      
7,265,364
  
Labcorp Holdings, Inc.
    
1,493
      
388,299
  
McKesson Corp.
    
2,263
      
1,569,481
  
Medtronic PLC
    
23,534
      
2,123,708
  
Merck & Co., Inc.
    
46,020
      
3,595,082
  
Mettler-Toledo International, Inc. (a)
    
372
      
458,929
  
Moderna, Inc. (a)
    
6,190
      
182,976
  
Molina Healthcare, Inc. (a)
    
989
      
156,133
  
Pfizer, Inc.
    
104,039
      
2,423,068
  
Quest Diagnostics, Inc.
    
2,032
      
340,177
  
Regeneron Pharmaceuticals, Inc.
    
1,899
      
1,035,829
  
ResMed, Inc. (b)
    
2,631
      
715,474
  
Revvity, Inc.
    
2,139
      
188,018
  
Solventum Corp. (a)
    
2,517
      
179,613
  
STERIS PLC
    
1,779
      
402,926
  
Stryker Corp.
    
6,252
      
2,455,348
  
Thermo Fisher Scientific, Inc.
    
6,887
      
3,220,912
  
UnitedHealth Group, Inc.
    
16,622
      
4,148,186
  
Universal Health Services, Inc. – Class B
    
1,040
      
173,108
  
Vertex Pharmaceuticals, Inc. (a)(b)
    
4,699
      
2,146,832
  
Viatris, Inc.
    
21,488
      
187,805
  
Waters Corp. (a)
    
1,079
      
311,572
  
West Pharmaceutical Services, Inc.
    
1,290
      
308,645
  
Zimmer Biomet Holdings, Inc.
    
3,630
      
332,690
  
Zoetis, Inc.
    
8,168
      
1,190,813
  
             
86,268,059
  
                 
Industrials – 7.8%
          
3M Co.
    
9,820
      
1,465,340
  
A O Smith Corp.
    
2,111
      
149,438
  
Allegion PLC
    
1,534
      
254,521
  
AMETEK, Inc.
    
4,195
      
775,446
  
Automatic Data Processing, Inc.
    
7,434
      
2,300,823
  
Axon Enterprise, Inc. (a)
    
1,327
      
1,002,535
  
Boeing Co. (a)
    
13,818
      
3,065,385
  
Broadridge Financial Solutions, Inc.
    
2,132
      
527,691
  
Builders FirstSource, Inc. (a)(b)
    
2,013
      
255,913
  
Carrier Global Corp.
    
14,620
      
1,003,224
  
Caterpillar, Inc.
    
8,597
      
3,765,658
  
CH Robinson Worldwide, Inc.
    
2,154
      
248,399
  
Cintas Corp.
    
6,239
      
1,388,489
  
Copart, Inc. (a)
    
16,082
      
728,997
  
CSX Corp.
    
34,465
      
1,224,886
  
Cummins, Inc.
    
2,479
      
911,330
  
Dayforce, Inc. (a)
    
2,919
      
168,339
  
Deere & Co.
    
4,624
      
2,424,687
  
Delta Air Lines, Inc.
    
11,967
      
636,764
  
Dover Corp.
    
2,468
      
447,053
  
Eaton Corp. PLC
    
7,123
      
2,740,361
  
Emerson Electric Co.
    
10,297
      
1,498,316
  
Equifax, Inc. (b)
    
2,247
      
539,797
  
Expeditors International of Washington, Inc.
    
2,466
      
286,648
  
Fastenal Co.
    
21,035
      
970,345
  
FedEx Corp.
    
4,016
      
897,536
  
Fortive Corp.
    
6,182
      
296,303
  
GE Vernova, Inc.
    
4,976
      
3,285,603
  
Generac Holdings, Inc. (a)
    
1,072
      
208,708
  
General Dynamics Corp.
    
4,616
      
1,438,392
  
General Electric Co.
    
19,530
      
5,294,192
  
Honeywell International, Inc.
    
11,791
      
2,621,729
  
Howmet Aerospace, Inc.
    
7,396
      
1,329,579
  
Hubbell, Inc.
    
974
      
426,106
  
Huntington Ingalls Industries, Inc.
    
703
      
196,039
  
IDEX Corp.
    
1,354
      
221,393
  
Illinois Tool Works, Inc.
    
4,868
      
1,246,062
  
Ingersoll Rand, Inc.
    
7,392
      
625,585
  
Jacobs Solutions, Inc. (b)
    
2,178
      
308,993
  
JB Hunt Trasport Services, Inc.
    
1,402
      
201,958
  
Johnson Controls International PLC
    
12,054
      
1,265,670
  
L3Harris Technologies, Inc.
    
3,382
      
929,441
  
Leidos Holdings, Inc.
    
2,325
      
371,186
  
Lennox International, Inc.
    
572
      
348,348
  
Lockheed Martin Corp.
    
3,812
      
1,604,776
  
Masco Corp.
    
3,854
      
262,573
  
Nordson Corp.
    
986
      
211,211
  
Norfolk Southern Corp.
    
4,102
      
1,140,356
  
Northrop Grumman Corp.
    
2,437
      
1,405,199
  
Old Dominion Freight Line, Inc.
    
3,365
      
502,226
  
Otis Worldwide Corp.
    
7,242
      
620,567
  
PACCAR, Inc.
    
9,593
      
947,405
  
Parker-Hannifin Corp.
    
2,309
      
1,689,957
  
Paychex, Inc.
    
5,852
      
844,619
  
Paycom Software, Inc.
    
873
      
202,134
  
Pentair PLC
    
2,998
      
306,396
  
Quanta Services, Inc.
    
2,719
      
1,104,267
  
Republic Services, Inc.
    
3,720
      
858,018
  
Rockwell Automation, Inc.
    
2,051
      
721,357
  
Rollins, Inc.
    
5,115
      
292,936
  
RTX Corp.
    
24,509
      
3,861,883
  
Snap-On, Inc.
    
956
      
307,058
  
Southwest Airlines Co.
    
10,423
      
322,383
  
Stanley Black & Decker, Inc. (b)
    
2,831
      
191,517
  
Textron, Inc.
    
3,273
      
254,541
  
Trane Technologies PLC
    
4,060
      
1,778,605
  
TransDigm Group, Inc.
    
1,022
      
1,643,846
  
Uber Technologies, Inc. (a)
    
38,347
      
3,364,949
  
Union Pacific Corp.
    
10,956
      
2,431,903
  
United Airlines Holdings, Inc. (a)
    
5,955
      
525,886
  
United Parcel Service, Inc. – Class B
    
13,410
      
1,155,406
  
United Rentals, Inc.
    
1,173
      
1,035,689
  
Veralto Corp.
    
4,547
      
476,662
  
Verisk Analytics, Inc.
    
2,516
      
701,234
  
W.W. Grainger, Inc.
    
783
      
813,960
  
Waste Management, Inc.
    
6,694
      
1,533,997
  
Westinghouse Air Brake Technologies Corp.
    
3,111
      
597,468
  
Xylem, Inc.
    
4,408
      
637,485
  
             
84,641,677
  
                 
Information Technology – 30.7%(c)
          
Accenture PLC – Class A
    
11,445
      
3,056,959
  
Adobe, Inc. (a)
    
7,781
      
2,783,186
  
Advanced Micro Devices, Inc. (a)
    
29,699
      
5,236,231
  
Akamai Technologies, Inc. (a)
    
2,624
      
200,237
  
Amphenol Corp.
    
22,163
      
2,360,581
  
Analog Devices, Inc.
    
9,097
      
2,043,459
  
Apple, Inc.
    
273,031
      
56,673,045
  
Applied Materials, Inc.
    
14,879
      
2,679,113
  
Arista Networks, Inc. (a)
    
18,844
      
2,321,958
  
Autodesk, Inc. (a)
    
3,905
      
1,183,645
  
Broadcom, Inc.
    
86,058
      
25,275,235
  
Cadence Design System, Inc. (a)
    
4,977
      
1,814,465
  
CDW Corp./DE
    
2,397
      
417,989
  
Cisco Systems, Inc.
    
72,778
      
4,954,726
  
Cognizant Technology Solutions Corp. – Class A
    
8,985
      
644,764
  
Corning, Inc.
    
14,106
      
892,063
  
Crowdstrike Holdings, Inc. (a)
    
4,567
      
2,076,021
  
Datadog, Inc. – Class A (a)
    
5,839
      
817,343
  
Dell Technologies, Inc. – Class C
    
5,493
      
728,866
  
Enphase Energy, Inc. (a)
    
2,367
      
76,596
  
EPAM Systems, Inc. (a)
    
1,030
      
162,441
  
F5, Inc. (a)
    
1,044
      
327,210
  
Fair Isaac Corp. (a)
    
436
      
626,410
  
First Solar, Inc. (a)
    
1,957
      
341,947
  
Fortinet, Inc. (a)
    
11,604
      
1,159,240
  
Gartner, Inc. (a)
    
1,378
      
466,660
  
Gen Digital, Inc.
    
10,011
      
295,224
  
GoDaddy, Inc. – Class A (a)
    
2,560
      
413,645
  
Hewlett Packard Enterprise Co.
    
24,065
      
497,905
  
HP, Inc.
    
17,291
      
428,817
  
Intel Corp.
    
79,813
      
1,580,297
  
International Business Machines Corp.
    
17,002
      
4,304,056
  
Intuit, Inc.
    
5,089
      
3,995,527
  
Jabil, Inc. (b)
    
1,959
      
437,190
  
Keysight Technologies, Inc. (a)
    
3,140
      
514,677
  
KLA Corp.
    
2,385
      
2,096,487
  
Lam Research Corp.
    
23,414
      
2,220,584
  
Microchip Technology, Inc.
    
9,814
      
663,328
  
Micron Technology, Inc.
    
20,467
      
2,233,768
  
Microsoft Corp.
    
135,941
      
72,524,523
  
Monolithic Power Systems, Inc.
    
858
      
610,244
  
Motorola Solutions, Inc.
    
3,039
      
1,334,060
  
NetApp, Inc.
    
3,725
      
387,884
  
NVIDIA Corp.
    
445,814
      
79,296,936
  
NXP Semiconductors NV
    
4,628
      
989,328
  
ON Semiconductor Corp. (a)
    
7,639
      
430,534
  
Oracle Corp.
    
29,785
      
7,558,539
  
Palantir Technologies, Inc. – Class A (a)
    
38,924
      
6,163,615
  
Palo Alto Networks, Inc. (a)(b)
    
12,123
      
2,104,553
  
PTC, Inc. (a)
    
2,175
      
467,212
  
Qualcomm, Inc.
    
20,118
      
2,952,518
  
Roper Technologies, Inc.
    
1,962
      
1,079,885
  
salesforce.com, Inc.
    
17,578
      
4,540,925
  
Seagate Technology Holdings PLC
    
3,876
      
608,571
  
ServiceNow, Inc. (a)
    
3,786
      
3,570,652
  
Skyworks Solutions, Inc.
    
2,752
      
188,622
  
Super Micro Computer, Inc. (a)(b)
    
9,393
      
553,905
  
Synopsys, Inc. (a)
    
3,354
      
2,124,966
  
TE Connectivity PLC
    
5,441
      
1,119,486
  
Teledyne Technologies, Inc. (a)
    
839
      
462,306
  
Teradyne, Inc.
    
2,928
      
314,555
  
Texas Instruments, Inc.
    
16,644
      
3,013,563
  
Trimble, Inc. (a)
    
4,327
      
362,992
  
Tyler Technologies, Inc. (a)
    
772
      
451,280
  
VeriSign, Inc.
    
1,443
      
387,979
  
Western Digital Corp.
    
6,397
      
503,380
  
Workday, Inc. – Class A (a)
    
3,951
      
906,280
  
Zebra Technologies Corp. (a)
    
931
      
315,628
  
             
334,326,816
  
                 
Materials – 1.6%
          
Air Products & Chemicals, Inc. (b)
    
4,052
      
1,166,490
  
Albemarle Corp. (b)
    
2,135
      
144,860
  
Amcor PLC
    
42,018
      
392,868
  
Avery Dennison Corp.
    
1,399
      
234,710
  
Ball Corp. (b)
    
5,052
      
289,278
  
CF Industries Holdings, Inc.
    
2,955
      
274,313
  
Corteva, Inc.
    
12,467
      
899,245
  
Dow, Inc. (b)
    
12,950
      
301,605
  
DuPont de Nemours, Inc.
    
7,650
      
550,035
  
Eastman Chemical Co.
    
2,098
      
152,336
  
Ecolab, Inc.
    
4,623
      
1,210,116
  
Freeport-McMoRan, Inc.
    
26,346
      
1,060,163
  
International Flavors & Fragrances, Inc.
    
4,682
      
332,562
  
International Paper Co.
    
9,644
      
450,761
  
Linde PLC
    
8,604
      
3,960,077
  
LyondellBasell Industries NV – Class A
    
4,705
      
272,561
  
Martin Marietta Materials, Inc.
    
1,093
      
628,344
  
Mosaic Co.
    
5,795
      
208,678
  
Newmont Goldcorp Corp.
    
20,388
      
1,266,095
  
Nucor Corp.
    
4,193
      
599,892
  
Packaging Corp. of America
    
1,623
      
314,456
  
PPG Industries, Inc.
    
4,129
      
435,609
  
Sherwin-Williams Co.
    
4,189
      
1,386,056
  
Smurfit WestRock PLC
    
9,096
      
403,680
  
Steel Dynamics, Inc.
    
2,485
      
316,987
  
Vulcan Materials Co.
    
2,383
      
654,539
  
             
17,906,316
  
                 
Real Estate – 0.1%
          
CBRE Group, Inc. – Class A (a)
    
5,355
      
833,988
  
CoStar Group, Inc. (a)
    
7,708
      
733,724
  
             
1,567,712
  
                 
Utilities – 2.2%
          
AES Corp.
    
13,037
      
171,437
  
Alliant Energy Corp. (b)
    
4,701
      
305,612
  
Ameren Corp.
    
4,930
      
498,571
  
American Electric Power Co., Inc.
    
9,752
      
1,103,341
  
American Water Works Co., Inc.
    
3,520
      
493,645
  
Atmos Energy Corp.
    
2,901
      
452,324
  
CenterPoint Energy, Inc.
    
11,963
      
464,404
  
CMS Energy Corp.
    
5,485
      
404,793
  
Consolidated Edison, Inc.
    
6,593
      
682,376
  
Constellation Energy Corp.
    
5,729
      
1,992,775
  
Dominion Energy, Inc.
    
15,631
      
913,632
  
DTE Energy Co.
    
3,795
      
525,266
  
Duke Energy Corp.
    
14,216
      
1,729,234
  
Edison International
    
7,011
      
365,413
  
Entergy Corp.
    
8,187
      
740,350
  
Evergy, Inc.
    
4,181
      
296,015
  
Eversource Energy
    
6,714
      
443,795
  
Exelon Corp.
    
18,496
      
831,210
  
FirstEnergy Corp.
    
9,400
      
401,474
  
NextEra Energy, Inc.
    
37,730
      
2,681,094
  
NiSource, Inc. (b)
    
8,604
      
365,240
  
NRG Energy, Inc.
    
3,529
      
590,049
  
PG&E Corp.
    
40,292
      
564,894
  
Pinnacle West Capital Corp.
    
2,165
      
196,192
  
PPL Corp.
    
13,505
      
481,994
  
Public Service Enterprise Group, Inc.
    
9,149
      
821,489
  
Sempra
    
11,953
      
976,321
  
Southern Co.
    
20,150
      
1,903,772
  
Vistra Corp.
    
6,173
      
1,287,317
  
WEC Energy Group, Inc.
    
5,827
      
635,609
  
Xcel Energy, Inc.
    
10,541
      
774,131
  
             
24,093,769
  
TOTAL COMMON STOCKS (Cost $825,142,454)
      
964,009,637
  
                 
U.S. TREASURY SECURITIES - 7.6%
  
Par
          
United States Treasury Note/Bond
  
3.00%, 09/30/2025
    
13,000,000
      
12,974,698
  
4.88%, 11/30/2025
    
8,000,000
      
8,011,845
  
4.25%, 12/31/2025
    
5,000,000
      
4,998,419
  
4.63%, 03/15/2026
    
8,000,000
      
8,023,614
  
4.63%, 06/30/2026
    
8,000,000
      
8,028,649
  
3.50%, 09/30/2026
    
8,000,000
      
7,942,188
  
4.25%, 12/31/2026
    
1,000,000
      
1,002,422
  
2.50%, 03/31/2027
    
8,500,000
      
8,296,133
  
3.25%, 06/30/2027
    
8,000,000
      
7,897,188
  
4.13%, 09/30/2027
    
8,000,000
      
8,033,438
  
3.88%, 12/31/2027
    
8,000,000
      
7,993,437
  
TOTAL U.S. TREASURY SECURITIES (Cost $83,017,344)
      
83,202,031
  
                 
REAL ESTATE INVESTMENT TRUSTS - COMMON - 1.7%
  
Shares
          
Real Estate - 1.7%
          
Alexandria Real Estate Equities, Inc.
    
2,818
      
215,380
  
American Tower Corp.
    
8,560
      
1,783,818
  
AvalonBay Communities, Inc.
    
2,555
      
475,945
  
BXP, Inc.
    
2,615
      
171,100
  
Camden Property Trust
    
1,950
      
212,940
  
Crown Castle, Inc.
    
7,940
      
834,415
  
Digital Realty Trust, Inc.
    
5,784
      
1,020,529
  
Equinix, Inc.
    
1,771
      
1,390,536
  
Equity Residential
    
6,218
      
392,978
  
Essex Property Trust, Inc.
    
1,163
      
302,589
  
Extra Space Storage, Inc.
    
3,875
      
520,645
  
Federal Realty Investment Trust
    
1,390
      
128,102
  
Healthpeak Properties, Inc.
    
12,743
      
215,866
  
Host Hotels & Resorts, Inc.
    
12,725
      
200,037
  
Invitation Homes, Inc.
    
10,426
      
319,557
  
Iron Mountain, Inc.
    
5,354
      
521,266
  
Kimco Realty Corp.
    
12,370
      
262,615
  
Mid-America Apartment Communities, Inc.
    
2,125
      
302,664
  
Prologis, Inc.
    
16,977
      
1,812,804
  
Public Storage
    
2,885
      
784,547
  
Realty Income Corp. (b)
    
16,552
      
929,064
  
Regency Centers Corp.
    
2,979
      
212,701
  
SBA Communications Corp.
    
1,961
      
440,676
  
Simon Property Group, Inc.
    
5,617
      
920,008
  
UDR, Inc.
    
5,525
      
217,077
  
Ventas, Inc.
    
8,272
      
555,713
  
VICI Properties, Inc.
    
19,364
      
631,266
  
Welltower, Inc.
    
11,363
      
1,875,690
  
Weyerhaeuser Co.
    
13,265
      
332,288
  
             
17,982,816
  
TOTAL REAL ESTATE INVESTMENT TRUSTS - COMMON (Cost $18,120,675)
      
17,982,816
  
                 
SHORT-TERM INVESTMENTS - 2.0%
  
Units
          
Investments Purchased with Proceeds from Securities Lending - 1.2%
  
Units
          
Mount Vernon Liquid Assets Portfolio, LLC, 4.58%(d)
    
12,683,466
      
12,683,466
  
                 
U.S. Treasury Bills - 0.8%
  
Par
          
4.30%, 08/26/2025 (e)
    
9,000,000
      
8,973,219
  
TOTAL SHORT-TERM INVESTMENTS (Cost $21,656,742)
      
21,656,685
  
                 
TOTAL INVESTMENTS - 99.7% (Cost $947,937,215)
      
1,086,851,169
  
Other Assets in Excess of Liabilities - 0.3%
      
3,054,027
  
TOTAL NET ASSETS - 100.0%
          
$
1,089,905,196
  
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.
  

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 $12,249,213.
(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, 2025.
(e)
The rate shown is the annualized effective yield as of July 31, 2025.


Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF
  
Schedule of Futures Contracts
  
July 31, 2025 (Unaudited)
  
   
Description
  
Contracts Purchased
  
Expiration Date
  
Notional Value
    
Value / Unrealized Appreciation
(Depreciation)
  
   S&P 500 Annual Dividend Index
    
2,207
  
12/19/2025
  
$
43,395,138
    
$
2,474,764
  
   S&P 500 Annual Dividend Index
    
2,207
  
12/18/2026
    
43,422,725
      
1,711,480
  
   S&P 500 Annual Dividend Index
    
2,207
  
12/17/2027
    
43,367,550
      
600,021
  
Net Unrealized Appreciation (Depreciation)
    
$
4,786,265
  
           

Summary of Fair Value Disclosure as of July 31, 2025 (Unaudited)
 
Pacer Metaurus US Large Cap Dividend Multiplier 400 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
  
$
964,009,637
    
$
–
    
$
–
    
$
964,009,637
  
  U.S. Treasury Securities
    
–
      
83,202,031
      
–
      
83,202,031
  
  Real Estate Investment Trusts - Common
    
17,982,816
      
–
      
–
      
17,982,816
  
  Investments Purchased with Proceeds from Securities Lending(a)
    
–
      
–
      
–
      
12,683,466
  
  U.S. Treasury Bills
    
–
      
8,973,219
      
–
      
8,973,219
  
Total Investments
  
$
981,992,453
    
$
92,175,250
    
$
–
    
$
1,086,851,169
  
   
Other Financial Instruments:
                                
  Futures Contracts*
  
$
4,786,265
    
$
–
    
$
–
    
$
4,786,265
  
Total Other Financial Instruments
  
$
4,786,265
    
$
–
    
$
–
    
$
4,786,265
  
   
* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of July 31, 2025.
  
   
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 $12,683,466 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.