NPORT-EX 2 psff.htm PART F

Pacer Swan SOS Fund of Funds ETF
  
Schedule of Investments
  
July 31, 2025 (Unaudited)
  
   
AFFILIATED EXCHANGE TRADED FUNDS - 99.5%
  
Shares
    
Value
  
Pacer Swan SOS Conservative (April) ETF (a)(b)
    
1,981,399
    
$
53,086,633
  
Pacer Swan SOS Conservative (January) ETF (a)(b)
    
895,837
      
26,251,966
  
Pacer Swan SOS Conservative (July) ETF (a)(b)
    
1,148,159
      
32,930,233
  
Pacer Swan SOS Conservative (October) ETF (a)(b)
    
1,242,061
      
34,971,718
  
Pacer Swan SOS Flex (April) ETF (a)(b)
    
450,708
      
13,735,191
  
Pacer Swan SOS Flex (January) ETF (a)(b)
    
660,777
      
23,232,126
  
Pacer Swan SOS Flex (July) ETF (a)(b)(c)
    
571,103
      
17,918,357
  
Pacer Swan SOS Flex (October) ETF (a)(b)
    
361,498
      
11,078,323
  
Pacer Swan SOS Moderate (April) ETF (a)(b)
    
2,530,453
      
72,597,684
  
Pacer Swan SOS Moderate (January) ETF (a)(b)
    
2,190,770
      
67,468,925
  
Pacer Swan SOS Moderate (July) ETF (a)(b)(c)
    
2,086,595
      
64,037,601
  
Pacer Swan SOS Moderate (October) ETF (a)(b)
    
2,040,610
      
59,810,279
  
TOTAL AFFILIATED EXCHANGE TRADED FUNDS (Cost $416,797,292)
      
477,119,036
  
                 
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 0.0%(d)
  
Units
          
Mount Vernon Liquid Assets Portfolio, LLC, 4.58%(e)
    
211,500
      
211,500
  
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $211,500)
      
211,500
  
                 
TOTAL INVESTMENTS - 99.5% (Cost $417,008,792)
      
477,330,536
  
Other Assets in Excess of Liabilities - 0.5%
      
2,197,116
  
TOTAL NET ASSETS - 100.0%
          
$
479,527,652
  
two
      
–
%
Percentages are stated as a percent of net assets.
      
–
%

LLC - Limited Liability Company

(a)
Non-income producing security.
(b)
Affiliated security as defined by the Investment Company Act of 1940.
(c)
All or a portion of this security is on loan as of July 31, 2025. The fair value of these securities was $205,842.
(d)
Represents less than 0.05% of net assets.
(e)
The rate shown represents the 7-day annualized effective yield as of July 31, 2025.

 
 
Share Activity
Period Ended July 31, 2025
Security Name
Balance as of 
November 1, 2024
Purchases
Sales
 Balance
July 31, 2025
Value
Dividend Income
Gain/(Loss) 
Realized on
Sale of Shares
Net Change in
Unrealized
Appreciation
(Depreciation) on
Investments in Affiliates
Pacer Swan SOS Conservative April ETF
                                        1,312,698
         891,714
         (223,013)
                             1,981,399
 $53,086,633
 $                                    -
 $                       759,576
 $                              1,462,450
Pacer Swan SOS Conservative January ETF
                                           539,983
         490,525
         (134,671)
                                895,837
         26,251,966
                                         -
                               673,864
                                     845,370
Pacer Swan SOS Conservative July ETF
                                        1,240,907
           82,629
         (175,377)
                             1,148,159
         32,930,233
  -
                               868,886
                                  2,057,555
Pacer Swan SOS Conservative October ETF
                                           438,477
         995,954
         (192,370)
                             1,242,061
         34,971,718
                                         -
                               910,432
                                  1,219,016
Pacer Swan SOS Flex April ETF
                                           514,875
             5,999
           (70,166)
                                450,708
         13,735,191
 -
                               435,623
                                     225,071
Pacer Swan SOS Flex January ETF
                                           761,833
             2,608
         (103,664)
                                660,777
         23,232,126
-
                               871,129
                                     960,116
Pacer Swan SOS Flex July ETF
                                           619,348
           36,900
           (85,145)
                                571,103
         17,918,357
 -
                               692,931
                                     878,163
Pacer Swan SOS Flex October ETF
                                           418,350
                     -
           (56,852)
                                361,498
         11,078,323
                                         -
                               429,635
                                     511,903
Pacer Swan SOS Moderate April ETF
                                        2,001,636
         842,911
         (314,094)
                             2,530,453
         72,597,684
 -
                            1,657,724
                                  1,610,492
Pacer Swan SOS Moderate January ETF
                                        2,058,558
         470,522
         (338,310)
                             2,190,770
         67,468,925
 -
                            2,044,423
                                  2,336,653
Pacer Swan SOS Moderate July ETF
                                        2,299,512
         102,389
         (315,306)
                             2,086,595
         64,037,601
                                         -
                            2,354,679
                                  3,595,201
Pacer Swan SOS Moderate October ETF
                                        1,363,536
         995,269
         (318,195)
                             2,040,610
         59,810,279
                                         -
                            2,095,172
                                  2,048,143


Summary of Fair Value Disclosure as of July 31, 2025 (Unaudited)
 
Pacer Swan SOS Fund of Funds 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:
                        
  Affiliated Exchange Traded Funds
  
$
477,119,036
    
$
–
    
$
–
    
$
477,119,036
  
  Investments Purchased with Proceeds from Securities Lending(a)
    
–
      
–
      
–
      
211,500
  
Total Investments
  
$
477,119,036
    
$
–
    
$
–
    
$
477,330,536
  
   
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 $211,500 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.