NPORT-EX 2 srvr.htm PART F

Pacer Data & Infrastructure Real Estate ETF
  
Schedule of Investments
  
January 31, 2026 (Unaudited)
  
   
REAL ESTATE INVESTMENT TRUSTS - 58.7%
  
Shares
    
Value
 
Real Estate - 58.7% (a)
        
American Tower Corp.
    
292,091
    
$
52,366,074
  
Crown Castle, Inc.
    
174,082
      
15,112,058
  
Digital Realty Trust, Inc.
    
343,558
      
57,013,450
  
Equinix, Inc.
    
70,344
      
57,747,500
  
Iron Mountain, Inc.
    
189,971
      
17,502,028
  
Keppel DC REIT
    
2,946,591
      
5,294,112
  
NTT DC REIT (b)
    
890,196
      
908,000
  
SBA Communications Corp.
    
82,614
      
15,210,064
  
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $236,527,868)
      
221,153,286
  
                 
COMMON STOCKS - 41.0%
  
Shares
    
Value
 
Communication Services - 13.3%
          
Cellnex Telecom SA (c)
    
527,584
      
16,331,266
  
China Tower Corp. Ltd. (c)
    
6,889,566
      
9,933,354
  
Chorus Ltd.
    
616,865
      
3,543,587
  
Eutelsat Communications SACA (b)
    
345,679
      
939,680
  
Helios Towers PLC (b)
    
1,133,398
      
2,690,679
  
HKBN Ltd.
    
1,063,190
      
951,598
  
Infrastrutture Wireless Italiane SpA (c)
    
505,297
      
4,472,400
  
Iridium Communications, Inc.
    
136,991
      
2,728,861
  
SES SA
    
556,818
      
4,583,955
  
Superloop Ltd. (b)
    
601,221
      
968,726
  
Uniti Group, Inc. (b)(d)
    
347,891
      
2,894,453
  
             
50,038,559
  
                 
Energy - 5.7%
          
Boss Energy Ltd. (b)
    
295,215
      
403,285
  
Cameco Corp.
    
34,603
      
4,303,431
  
Centrus Energy Corp. - Class A (b)(d)
    
9,510
      
2,646,443
  
Encore Energy Corp. (b)(d)
    
916,939
      
2,915,866
  
Energy Fuels, Inc. (b)
    
123,118
      
2,768,484
  
Lightbridge Corp. (b)(d)
    
133,553
      
2,054,713
  
Lotus Resources Ltd. (b)
    
558,042
      
1,192,356
  
Uranium Energy Corp. (b)(d)
    
179,060
      
3,086,994
  
Ur-Energy, Inc. (b)
    
1,146,586
      
2,017,991
  
             
21,389,563
  
                 
Financials - 1.0%
          
DigitalBridge Group, Inc.
    
242,723
      
3,735,507
  
                 
Industrials - 10.9%
          
ABB Ltd.
    
18,476
      
1,599,390
  
BWX Technologies, Inc.
    
14,185
      
2,914,024
  
Curtiss-Wright Corp.
    
4,820
      
3,165,246
  
Daikin Industries Ltd.
    
2,524
      
304,087
  
Doosan Enerbility Co. Ltd. (b)
    
33,196
      
2,089,452
  
Eaton Corp. PLC
    
3,105
      
1,091,159
  
Fluor Corp. (b)
    
37,510
      
1,732,587
  
GE Vernova, Inc.
    
3,664
      
2,661,420
  
GS Engineering & Construction Corp.
    
58,440
      
762,067
  
Hyundai Engineering & Construction Co. Ltd.
    
60,614
      
4,320,548
  
IHI Corp.
    
86,218
      
1,994,203
  
KEPCO Engineering & Construction Co., Inc. (b)
    
46,998
      
4,290,355
  
Legrand SA
    
2,854
      
458,362
  
Mitsubishi Heavy Industries Ltd.
    
38,392
      
1,124,682
  
NANO Nuclear Energy, Inc. (b)(d)
    
74,220
      
2,181,697
  
NuScale Power Corp. (b)(d)
    
92,966
      
1,625,046
  
Rolls-Royce Holdings PLC
    
218,106
      
3,624,475
  
Silex Systems Ltd. (b)
    
273,731
      
1,338,500
  
Sinko Industries Ltd.
    
11,679
      
112,429
  
Sojitz Corp.
    
22,188
      
809,504
  
Vertiv Holdings Co. - Class A
    
15,554
      
2,895,844
  
             
41,095,077
  
                 
Information Technology - 6.2%
          
Delta Electronics, Inc.
    
26,860
      
1,041,284
  
GDS Holdings Ltd. - ADR (b)(d)
    
199,312
      
8,907,253
  
Mirion Technologies, Inc. (b)
    
76,717
      
1,905,650
  
NEXTDC Ltd. (b)
    
941,727
      
8,787,561
  
SUNeVision Holdings Ltd.
    
922,533
      
791,448
  
Vnet Group, Inc. - ADR (b)(d)
    
168,606
      
1,775,421
  
             
23,208,617
  
                 
Materials - 0.6%
          
ASP Isotopes, Inc. (b)(d)
    
386,246
      
2,448,800
  
                 
Utilities - 3.3%
          
Constellation Energy Corp.
    
5,408
      
1,517,917
  
Dominion Energy, Inc.
    
31,455
      
1,892,647
  
Engie SA
    
31,594
      
943,407
  
Korea Electric Power Corp. (b)
    
56,838
      
2,302,109
  
NextEra Energy, Inc.
    
39,002
      
3,428,276
  
Oklo, Inc. (b)(d)
    
26,148
      
2,081,904
  
Vistra Corp.
    
953
      
150,908
  
             
12,317,168
  
TOTAL COMMON STOCKS (Cost $141,614,531)
      
154,233,291
  
                 
SHORT-TERM INVESTMENTS
  
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 8.4%
  
Units
    
Value
 
Mount Vernon Liquid Assets Portfolio, LLC, 3.77% (e)
    
31,489,086
      
31,489,086
  
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $31,489,086)
      
31,489,086
  
                 
TOTAL INVESTMENTS - 108.1% (Cost $409,631,485)
      
406,875,663
  
Liabilities in Excess of Other Assets - (8.1)%
      
(30,628,888
)
TOTAL NET ASSETS - 100.0%
          
$
376,246,775
  
                 
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
LLC - Limited Liability Company
PLC - Public Limited Company
REIT - Real Estate Investment Trust

(a)
To the extent that the Fund invests more heavily in a particular industries or sectors 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 January 31, 2026, the value of these securities total $30,737,020 or 8.2% of the Fund’s net assets.
(d)
All or a portion of this security is on loan as of January 31, 2026. The fair value of these securities was $28,620,190.
(e)
The rate shown represents the 7-day annualized yield as of January 31, 2026.


Summary of Fair Value Disclosure as of January 31, 2026 (Unaudited)
 
Pacer Data & Infrastructure Real Estate 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 January 31, 2026:

   
Level 1
    
Level 2
    
Level 3
    
Total
  
Investments:
                        
  Real Estate Investment Trusts
  
$
221,153,286
    
$
–
    
$
–
    
$
221,153,286
  
  Common Stocks
    
154,233,291
      
–
      
–
      
154,233,291
  
  Investments Purchased with Proceeds from Securities Lending(a)
    
–
      
–
      
–
      
31,489,086
  
Total Investments
  
$
375,386,577
    
$
–
    
$
–
    
$
406,875,663
  
   
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 $31,489,086 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.