# EDGAR Filing Document

**Accession Number:** 0001616668
**File Stem:** 0000894189-25-010206
**Filing Date:** 2025-9
**Character Count:** 88662
**Document Hash:** 57f948d12db60e7c239d89e5ccd9660b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-010206.hdr.sgml**: 20250929

**ACCESSION NUMBER**: 0000894189-25-010206

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250929

**DATE AS OF CHANGE**: 20250929

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Pacer Funds Trust
- **CENTRAL INDEX KEY:** 0001616668

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23024
- **FILM NUMBER:** 251355808

**BUSINESS ADDRESS:**
- **STREET 1:** 500 CHESTERFIELD PARKWAY
- **CITY:** MALVERN
- **STATE:** PA
- **ZIP:** 19355
- **BUSINESS PHONE:** 610-644-8100

**MAIL ADDRESS:**
- **STREET 1:** 500 CHESTERFIELD PARKWAY
- **CITY:** MALVERN
- **STATE:** PA
- **ZIP:** 19355

## Series and Classes Contracts Data

### Pacer US Small Cap Cash Cows ETF (Series ID: S000055468)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000174484 | Pacer US Small Cap Cash Cows ETF | CALF            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Pacer US Small Cap Cash Cows ETF** | **Pacer US Small Cap Cash Cows ETF** | **Pacer US Small Cap Cash Cows ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **July 31, 2025 (Unaudited)** | **July 31, 2025 (Unaudited)** | **July 31, 2025 (Unaudited)** |
| **COMMON STOCKS - 99.3%** | **Shares** | **Value**  |
| **Communication Services - 11.3%** | **Communication Services - 11.3%** | |
| Angi, Inc. <sup>(a)</sup> | 274276 | $4448757 |
| Bumble, Inc. - Class A <sup>(a)</sup> | 790038 | 6146496 |
| Cable One, Inc. <sup>(b)</sup> | 44974 | 5755773 |
| Cars.com, Inc. <sup>(a)</sup> | 579867 | 7462888 |
| EverQuote, Inc. - Class A <sup>(a)</sup> | 160460 | 3945712 |
| Fox Corp. - Class A | 1460983 | 81464412 |
| fuboTV, Inc. <sup>(a)(b)</sup> | 2228944 | 8871197 |
| Gray Media, Inc. | 807022 | 3639669 |
| Ibotta, Inc. - Class A <sup>(a)(b)</sup> | 64294 | 2337087 |
| IDT Corp. - Class B | 83332 | 4909088 |
| Interpublic Group of Cos., Inc. | 2421006 | 59556748 |
| Magnite, Inc. <sup>(a)</sup> | 757405 | 17427889 |
| Match Group, Inc. | 1395853 | 47835882 |
| MediaAlpha, Inc. - Class A <sup>(a)</sup> | 316468 | 3171009 |
| Nexstar Media Group, Inc. <sup>(b)</sup> | 286212 | 53553127 |
| Omnicom Group, Inc. <sup>(b)</sup> | 1084607 | 78145934 |
| Playtika Holding Corp. | 508080 | 2263496 |
| QuinStreet, Inc. <sup>(a)</sup> | 208408 | 3419975 |
| TEGNA, Inc. | 1575175 | 26305423 |
| Vimeo, Inc. <sup>(a)</sup> | 609401 | 2309630 |
| YELP, Inc. <sup>(a)</sup> | 402428 | 13855596 |
| Ziff Davis, Inc. <sup>(a)</sup> | 396505 | 12339236 |
|  |  | 449165024 |
| **Consumer Discretionary - 22.2%** | **Consumer Discretionary - 22.2%** |  |
| Abercrombie & Fitch Co. <sup>(a)</sup> | 295100 | 28335502 |
| ADT, Inc. | 3943791 | 32930655 |
| A-Mark Precious Metals, Inc. | 172662 | 3674247 |
| American Axle & Manufacturing Holdings, Inc. <sup>(a)(b)</sup> | 1144752 | 5094146 |
| American Public Education, Inc. <sup>(a)</sup> | 88588 | 2615118 |
| Bath & Body Works, Inc. | 1646573 | 47684754 |
| BorgWarner, Inc. | 1546886 | 56925405 |
| Buckle, Inc. | 247002 | 12194489 |
| Carter's, Inc. <sup>(b)</sup> | 350936 | 8506689 |
| Columbia Sportswear Co. <sup>(b)</sup> | 258101 | 14600773 |
| Coursera, Inc. <sup>(a)</sup> | 422661 | 5342435 |
| Crocs, Inc. <sup>(a)(b)</sup> | 482211 | 48090903 |
| Dillard's, Inc. - Class A <sup>(b)</sup> | 29139 | 13605873 |
| Ethan Allen Interiors, Inc. | 103909 | 3093371 |
| Etsy, Inc. <sup>(a)</sup> | 647851 | 37750278 |
| European Wax Center, Inc. - Class A <sup>(a)</sup> | 318120 | 1488802 |
| Expedia Group, Inc. | 473674 | 85365528 |
| Figs, Inc. - Class A <sup>(a)</sup> | 639193 | 4154754 |
| Funko, Inc. - Class A <sup>(a)</sup> | 354256 | 1360343 |
| GameStop Corp. - Class A <sup>(a)(b)</sup> | 1045012 | 23460519 |
| Gap, Inc. <sup>(b)</sup> | 2183800 | 42496748 |
| Garrett Motion, Inc. <sup>(b)</sup> | 1185076 | 15453391 |
| Gentex Corp. | 882288 | 23310049 |
| GigaCloud Technology, Inc. - Class A <sup>(a)(b)</sup> | 259480 | 5778620 |
| G-III Apparel Group Ltd. <sup>(a)</sup> | 376084 | 8875582 |
| Graham Holdings Co. - Class B | 20820 | 19866028 |
| H&R Block, Inc. | 615394 | 33440510 |
| Harley-Davidson, Inc. | 1120300 | 27256899 |
| Kontoor Brands, Inc. <sup>(b)</sup> | 316603 | 17622123 |
| LCI Industries <sup>(b)</sup> | 228987 | 21753765 |
| Leggett & Platt, Inc. | 1308442 | 12495621 |
| Mattel, Inc. <sup>(a)</sup> | 1638413 | 27869405 |
| Monarch Casino & Resort, Inc. | 69468 | 7152425 |
| Monro, Inc. <sup>(b)</sup> | 291692 | 4111399 |
| Perdoceo Education Corp. | 276797 | 7966218 |
| Phinia, Inc. | 275916 | 13988941 |
| PVH Corp. <sup>(b)</sup> | 498167 | 36575421 |
| Signet Jewelers Ltd. <sup>(b)</sup> | 284156 | 22476740 |
| Steven Madden Ltd. <sup>(b)</sup> | 374037 | 8978758 |
| Sturm Ruger & Co., Inc. | 55104 | 1882353 |
| Thor Industries, Inc. <sup>(b)</sup> | 328393 | 29880479 |
| Tri Pointe Homes, Inc. <sup>(a)</sup> | 863777 | 26604332 |
| Visteon Corp. <sup>(a)</sup> | 173711 | 19307978 |
| YETI Holdings, Inc. <sup>(a)</sup> | 344396 | 12653109 |
|  |  | 884071478 |
| **Consumer Staples - 7.1%** | **Consumer Staples - 7.1%** |  |
| Cal-Maine Foods, Inc. | 423317 | 47047451 |
| Central Garden & Pet Co. <sup>(a)(b)</sup> | 89782 | 3503294 |
| Conagra Brands, Inc. | 3567049 | 65134315 |
| Fresh Del Monte Produce, Inc. | 258560 | 9719270 |
| Ingredion, Inc. | 375485 | 49391297 |
| Maplebear, Inc. <sup>(a)(b)</sup> | 996439 | 47799179 |
| Nu Skin Enterprises, Inc. - Class A | 460172 | 3856241 |
| Pilgrim's Pride Corp. | 396285 | 18779946 |
| The Boston Beer Co., Inc. - Class A <sup>(a)</sup> | 46996 | 9731932 |
| Universal Corp. | 231232 | 12595207 |
| USANA Health Sciences, Inc. <sup>(a)</sup> | 87676 | 2576798 |
| World Fuel Services Corp. | 414016 | 11290216 |
|  |  | 281425146 |
| **Energy - 13.4%** | **Energy - 13.4%** |  |
| APA Corp. <sup>(b)</sup> | 2978654 | 57458236 |
| Ardmore Shipping Corp. | 366748 | 3990218 |
| California Resources Corp. | 514448 | 24786105 |
| Chord Energy Corp. | 542353 | 59837806 |
| Civitas Resources, Inc. <sup>(b)</sup> | 867937 | 26350567 |
| Crescent Energy Co. - Class A | 1780547 | 16452254 |
| Dorian LPG Ltd. | 324507 | 9342557 |
| Helix Energy Solutions Group, Inc. <sup>(a)</sup> | 838041 | 4969583 |
| Innovex International, Inc. <sup>(a)</sup> | 354356 | 5818526 |
| Liberty Energy, Inc. | 856712 | 10571826 |
| Murphy Oil Corp. <sup>(b)</sup> | 1253949 | 31110475 |
| NOV, Inc. <sup>(b)</sup> | 3737755 | 47020958 |
| Ovintiv, Inc. | 1873747 | 77160901 |
| RPC, Inc. <sup>(b)</sup> | 804128 | 3739195 |
| Scorpio Tankers, Inc. | 390182 | 17640128 |
| Sitio Royalties Corp. - Class A | 771486 | 14017901 |
| TechnipFMC PLC | 1906301 | 69332167 |
| Teekay Corp. Ltd. | 554988 | 3995914 |
| Teekay Tankers Ltd. | 240121 | 10169124 |
| Tidewater, Inc. <sup>(a)(b)</sup> | 304055 | 15205791 |
| Weatherford International PLC | 488568 | 27628520 |
|  |  | 536598752 |
| **Health Care - 13.5%** | **Health Care - 13.5%** |  |
| AdaptHealth Corp. <sup>(a)</sup> | 1034292 | 9277599 |
| Alkermes PLC <sup>(a)</sup> | 860912 | 22805559 |
| AMN Healthcare Services, Inc. <sup>(a)</sup> | 370774 | 6799995 |
| Amphastar Pharmaceuticals, Inc. <sup>(a)</sup> | 307093 | 6433598 |
| Avanos Medical, Inc. <sup>(a)</sup> | 447420 | 4997681 |
| Catalyst Pharmaceuticals, Inc. <sup>(a)</sup> | 600004 | 12798085 |
| Collegium Pharmaceutical, Inc. <sup>(a)</sup> | 313988 | 9375682 |
| DaVita, Inc. <sup>(a)(b)</sup> | 431632 | 60588184 |
| Emergent BioSolutions, Inc. <sup>(a)</sup> | 527580 | 3102170 |
| Envista Holdings Corp. <sup>(a)</sup> | 765905 | 14467945 |
| Exelixis, Inc. <sup>(a)</sup> | 1049266 | 38004415 |
| Harmony Biosciences Holdings, Inc. <sup>(a)</sup> | 354344 | 12465822 |
| Innoviva, Inc. <sup>(a)</sup> | 476716 | 8661930 |
| Jazz Pharmaceuticals PLC <sup>(a)</sup> | 593113 | 67988543 |
| Lantheus Holdings, Inc. <sup>(a)(b)</sup> | 320483 | 22815185 |
| National HealthCare Corp. | 55856 | 5363852 |
| Omnicell, Inc. <sup>(a)</sup> | 194006 | 6016126 |
| Pacira BioSciences, Inc. <sup>(a)</sup> | 347001 | 7318251 |
| Pediatrix Medical Group, Inc. <sup>(a)</sup> | 732413 | 8972059 |
| Premier, Inc. <sup>(b)</sup> | 768023 | 16497134 |
| Progyny, Inc. <sup>(a)</sup> | 491200 | 11548112 |
| PTC Therapeutics, Inc. <sup>(a)(b)</sup> | 701987 | 36580543 |
| Supernus Pharmaceuticals, Inc. <sup>(a)(b)</sup> | 269146 | 9447025 |
| United Therapeutics Corp. <sup>(a)</sup> | 211234 | 58025980 |
| Viatris, Inc. | 8793958 | 76859193 |
|  |  | 537210668 |
| **Industrials - 14.1%** | **Industrials - 14.1%** |  |
| Alamo Group, Inc. | 49358 | 10986104 |
| Apogee Enterprises, Inc. | 122730 | 5153433 |
| Argan, Inc. | 43252 | 10595875 |
| Astec Industries, Inc. | 93544 | 3709955 |
| Atkore, Inc. | 260386 | 20054930 |
| DNOW, Inc. <sup>(a)</sup> | 654755 | 10187988 |
| Fluor Corp. <sup>(a)</sup> | 561810 | 31893954 |
| GMS, Inc. <sup>(a)</sup> | 238121 | 26107586 |
| Healthcare Services Group, Inc. <sup>(a)</sup> | 282584 | 3676418 |
| Heidrick & Struggles International, Inc. | 119620 | 5326679 |
| Interface, Inc. | 290192 | 5983759 |
| Janus International Group, Inc. <sup>(a)</sup> | 1002429 | 8590816 |
| Kforce, Inc. <sup>(b)</sup> | 85996 | 2996961 |
| Korn/Ferry International | 253068 | 17934929 |
| Legalzoom.com, Inc. <sup>(a)</sup> | 703608 | 6325436 |
| Liquidity Services, Inc. <sup>(a)</sup> | 102152 | 2439390 |
| Lyft, Inc. - Class A <sup>(a)(b)</sup> | 3310092 | 46539893 |
| Matson, Inc. <sup>(b)</sup> | 224045 | 23923525 |
| MRC Global, Inc. <sup>(a)</sup> | 829831 | 12181919 |
| NEXTracker, Inc. - Class A <sup>(a)</sup> | 537428 | 31310555 |
| Primoris Services Corp. | 320378 | 30169996 |
| Proto Labs, Inc. <sup>(a)</sup> | 94046 | 4055263 |
| Robert Half, Inc. | 387464 | 14301296 |
| Rush Enterprises, Inc. - Class A <sup>(b)</sup> | 488572 | 26451288 |
| Shoals Technologies Group, Inc. - Class A <sup>(a)</sup> | 763728 | 4116494 |
| Steelcase, Inc. - Class A | 526535 | 5439107 |
| Sterling Infrastructure, Inc. <sup>(a)(b)</sup> | 119106 | 31871575 |
| Sun Country Airlines Holdings, Inc. <sup>(a)</sup> | 387128 | 4486813 |
| TriNet Group, Inc. | 295356 | 20028090 |
| Tutor Perini Corp. <sup>(a)</sup> | 433803 | 20887614 |
| United Airlines Holdings, Inc. <sup>(a)</sup> | 1059938 | 93603125 |
| Upwork, Inc. <sup>(a)</sup> | 636844 | 7616654 |
| V2X, Inc. <sup>(a)</sup> | 138368 | 6555876 |
| Vestis Corp. | 1115893 | 6762312 |
|  |  | 562265608 |
| **Information Technology - 12.9%** | **Information Technology - 12.9%** |  |
| Adeia, Inc. | 744664 | 9643399 |
| Arrow Electronics, Inc. <sup>(a)</sup> | 431761 | 50084276 |
| ASGN, Inc. <sup>(a)</sup> | 315772 | 15832808 |
| Avnet, Inc. | 784565 | 41534871 |
| Axcelis Technologies, Inc. <sup>(a)(b)</sup> | 99635 | 6744293 |
| Benchmark Electronics, Inc. | 198936 | 7659036 |
| BILL Holdings, Inc. <sup>(a)</sup> | 404380 | 17327683 |
| Cirrus Logic, Inc. <sup>(a)</sup> | 219754 | 22131425 |
| Clear Secure, Inc. - Class A <sup>(b)</sup> | 648730 | 19079149 |
| Daktronics, Inc. <sup>(a)(b)</sup> | 255256 | 4140252 |
| Digi International, Inc. <sup>(a)</sup> | 167394 | 5458718 |
| Dropbox, Inc. - Class A <sup>(a)</sup> | 1624627 | 44141116 |
| DXC Technology Co. <sup>(a)</sup> | 1780271 | 24229488 |
| Enphase Energy, Inc. <sup>(a)</sup> | 552136 | 17867121 |
| ePlus, Inc. <sup>(a)</sup> | 226259 | 14657058 |
| Harmonic, Inc. <sup>(a)</sup> | 653108 | 5557949 |
| Insight Enterprises, Inc. <sup>(a)</sup> | 169464 | 20095041 |
| Kulicke & Soffa Industries, Inc. | 217568 | 7127528 |
| LiveRamp Holdings, Inc. <sup>(a)</sup> | 260618 | 8553483 |
| NetScout Systems, Inc. <sup>(a)</sup> | 478762 | 10255082 |
| OneSpan, Inc. | 171042 | 2522870 |
| PagerDuty, Inc. <sup>(a)(b)</sup> | 404856 | 6526279 |
| Penguin Solutions, Inc. <sup>(a)(b)</sup> | 368020 | 8674231 |
| Photronics, Inc. <sup>(a)</sup> | 258343 | 5259864 |
| Plexus Corp. <sup>(a)</sup> | 143879 | 18344573 |
| Rapid7, Inc. <sup>(a)</sup> | 339340 | 7166861 |
| RingCentral, Inc. - Class A <sup>(a)(b)</sup> | 788051 | 20087420 |
| ScanSource, Inc. <sup>(a)</sup> | 198830 | 7722557 |
| SkyWater Technology, Inc. <sup>(a)(b)</sup> | 218168 | 1952604 |
| Skyworks Solutions, Inc. | 986828 | 67637191 |
| Teradata Corp. <sup>(a)</sup> | 646980 | 13541291 |
| Xerox Holdings Corp. <sup>(b)</sup> | 1126661 | 4562977 |
|  |  | 516118494 |
| **Materials - 4.6%** | **Materials - 4.6%** |  |
| Alpha Metallurgical Resources, Inc. <sup>(a)(b)</sup> | 106545 | 12579768 |
| CF Industries Holdings, Inc. | 785155 | 72885939 |
| Crown Holdings, Inc. | 694129 | 68968657 |
| Perimeter Solutions, Inc. <sup>(a)</sup> | 754954 | 12177408 |
| Ramaco Resources, Inc. - Class B | 2347 | 31867 |
| SunCoke Energy, Inc. | 790788 | 5843923 |
| Sylvamo Corp. | 266336 | 12270100 |
|  |  | 184757662 |
| **Real Estate - 0.2%** | **Real Estate - 0.2%** |  |
| eXp World Holdings, Inc. <sup>(b)</sup> | 822220 | 8863531 |
| **TOTAL COMMON STOCKS** (Cost $3,961,223,154) | **TOTAL COMMON STOCKS** (Cost $3,961,223,154) | 3960476363 |
| **REAL ESTATE INVESTMENT TRUSTS - COMMON - 0.7%** |  |  |
| **Real Estate - 0.7%** | **Real Estate - 0.7%** |  |
| Apple Hospitality REIT, Inc. <sup>(b)</sup> | 1510204 | 17744897 |
| Innovative Industrial Properties, Inc. | 173743 | 8982513 |
|  |  | 26727410 |
| **TOTAL REAL ESTATE INVESTMENT TRUSTS - COMMON** (Cost $30,179,929) | **TOTAL REAL ESTATE INVESTMENT TRUSTS - COMMON** (Cost $30,179,929) | 26727410 |
| **INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 13.2%** | **Units** |  |
| Mount Vernon Liquid Assets Portfolio, LLC, - 4.58%<sup>(c)</sup> | 527852455 | 527852455 |
| **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $527,852,455) | **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $527,852,455) | 527852455 |
| **TOTAL INVESTMENTS - 113.2% (**Cost $4,519,255,538**)** | **TOTAL INVESTMENTS - 113.2% (**Cost $4,519,255,538**)** | 4515056228 |
| Liabilities in Excess of Other Assets - (13.2)% | Liabilities in Excess of Other Assets - (13.2)% | (525065985) |
| **TOTAL NET ASSETS - 100.0%** |  | $3989990243 |
| two | two | –% |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> 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 <br> PLC - Public Limited Company <br> REIT - Real Estate Investment Trust

(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 $509,500,639.

(c) The rate shown represents the 7-day annualized effective yield as of July 31, 2025.

------

#### <br>

#### Summary of Fair Value Disclosure as of July 31, 2025 (Unaudited)
Pacer US Small Cap Cash Cows 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:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $3960476363 | $– | $– | $3960476363 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts - Common | 26727410 | – | – | 26727410 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Investments Purchased with Proceeds from Securities Lending<sup>(a)</sup> | – | – | – | 527852455 |
| Total Investments | $3987203773 | $– | $– | $4515056228 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | 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 $527,852,455 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Pacer Funds Trust

- **b. Investment Company Act file number:** 811-23024

- **c. CIK number of Registrant:** 0001616668

- **d. LEI of Registrant:** 549300L3D3N0PW0L9M73

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 500 Chesterfield Parkway

  - **City:** Malvern

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19355

  - **Telephone number:** 610-664-8100

**Item A.2. Information about the Series.**

- **a. Name of Series:** Pacer US Small Cap Cash Cows 100 ETF

- **b. EDGAR series identifier (if any):** S000055468

- **c. LEI of Series:** 549300CMNZSWIMENED57

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-07-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $4550365952.01

**Total Liabilities:** $548319107.68

**Net Assets:** $4002046844.33

**Cash Not Reported:** $18297445.41

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000174484 | 7.82%                | 3.69%                | 0.93%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-10089423.43            | $328484593.06                              |
| Month 2  | $49652431.12             | $99691940.65                               |
| Month 3  | $14547321.27             | $26053075.57                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                      | Title                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| DXC Technology Co                         | DXC Technology Co                          | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |   1785647 | NS      | $24302655.67  | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| Dropbox Inc                               | Dropbox Inc                                | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               | CORP              | US        |   1629535 | NS      | $44274465.95  | 1.11%             |  |  |  | No            | 1                  | On Loan: No      |
| G-III Apparel Group Ltd                   | G-III Apparel Group Ltd                    | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               | CORP              | US        |    377218 | NS      | $8902344.80   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Garrett Motion Inc                        | Garrett Motion Inc                         | CUSIP: 366505105<br>LEI: 549300LS5WT7EMBNV724 | Long             | EC               | CORP              | CH        |   1188658 | NS      | $15500100.32  | 0.39%             |  |  |  | No            | 1                  | On Loan: —       |
| Gentex Corp                               | Gentex Corp                                | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |    884952 | NS      | $23380431.84  | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Ziff Davis Inc                            | Ziff Davis Inc                             | CUSIP: 48123V102<br>LEI: 5493008OJYGLHD7MXA18 | Long             | EC               | CORP              | US        |    397699 | NS      | $12376392.88  | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Kforce Inc                                | Kforce Inc                                 | CUSIP: 493732101<br>LEI: 5493003RDQQDVXY2SK46 | Long             | EC               | CORP              | US        |     86254 | NS      | $3005951.90   | 0.08%             |  |  |  | No            | 1                  | On Loan: —       |
| Kontoor Brands Inc                        | Kontoor Brands Inc                         | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |    317557 | NS      | $17675222.62  | 0.44%             |  |  |  | No            | 1                  | On Loan: —       |
| DNOW Inc                                  | DNOW Inc                                   | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |    656729 | NS      | $10218703.24  | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| PVH Corp                                  | PVH Corp                                   | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |    499667 | NS      | $36685551.14  | 0.92%             |  |  |  | No            | 1                  | On Loan: —       |
| PTC Therapeutics Inc                      | PTC Therapeutics Inc                       | CUSIP: 69366J200<br>LEI: 549300UJLWOIWFDGB318 | Long             | EC               | CORP              | US        |    704105 | NS      | $36690911.55  | 0.92%             |  |  |  | No            | 1                  | On Loan: —       |
| Primoris Services Corp                    | Primoris Services Corp                     | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |    321344 | NS      | $30260964.48  | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Progyny Inc                               | Progyny Inc                                | CUSIP: 74340E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    492682 | NS      | $11582953.82  | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Proto Labs Inc                            | Proto Labs Inc                             | CUSIP: 743713109<br>LEI: 529900QHG5MGWT2WQQ09 | Long             | EC               | CORP              | US        |     94328 | NS      | $4067423.36   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| QuinStreet Inc                            | QuinStreet Inc                             | CUSIP: 74874Q100<br>LEI: 549300TP8MFBFPOS4Y78 | Long             | EC               | CORP              | US        |    209032 | NS      | $3430215.12   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Ramaco Resources Inc                      | Ramaco Resources Inc                       | CUSIP: 75134P501<br>LEI: 5493001BYUI4TCQOPF70 | Long             | EC               | CORP              | US        |      2353 | NS      | $31948.51     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Rapid7 Inc                                | Rapid7 Inc                                 | CUSIP: 753422104<br>LEI: 549300GNVG5D60KEYN14 | Long             | EC               | CORP              | US        |    340360 | NS      | $7188403.20   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Supernus Pharmaceuticals Inc              | Supernus Pharmaceuticals Inc               | CUSIP: 868459108<br>LEI: 549300GRM36VBKISYJ58 | Long             | EC               | CORP              | US        |    269956 | NS      | $9475455.60   | 0.24%             |  |  |  | No            | 1                  | On Loan: —       |
| Sylvamo Corp                              | Sylvamo Corp                               | CUSIP: 871332102<br>LEI: 5493001AOYU1ZOWOC971 | Long             | EC               | CORP              | US        |    267140 | NS      | $12307139.80  | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Tri Pointe Homes Inc                      | Tri Pointe Homes Inc                       | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    866387 | NS      | $26684719.60  | 0.67%             |  |  |  | No            | 1                  | On Loan: No      |
| TEGNA Inc                                 | TEGNA Inc                                  | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |   1579933 | NS      | $26384881.10  | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| Teradata Corp                             | Teradata Corp                              | CUSIP: 88076W103<br>LEI: 549300JU9SOUHV4U4R71 | Long             | EC               | CORP              | US        |    648930 | NS      | $13582104.90  | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Thor Industries Inc                       | Thor Industries Inc                        | CUSIP: 885160101<br>LEI: 254900XZO1228PDSG060 | Long             | EC               | CORP              | US        |    329383 | NS      | $29970559.17  | 0.75%             |  |  |  | No            | 1                  | On Loan: —       |
| Tidewater Inc                             | Tidewater Inc                              | CUSIP: 88642R109<br>LEI: 2549000JA5GRUPLMUH98 | Long             | EC               | CORP              | US        |    304973 | NS      | $15251699.73  | 0.38%             |  |  |  | No            | 1                  | On Loan: —       |
| TriNet Group Inc                          | TriNet Group Inc                           | CUSIP: 896288107<br>LEI: 5299003FJVBETSFKE990 | Long             | EC               | CORP              | US        |    296244 | NS      | $20088305.64  | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| U.S. Bank Money Market Deposit Account    | U.S. Bank Money Market Deposit Account     | CUSIP: 8AMMF0A84<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   2393838 | NS      | $2393837.67   | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Tutor Perini Corp                         | Tutor Perini Corp                          | CUSIP: 901109108<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | EC               | CORP              | US        |    435111 | NS      | $20950594.65  | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| USANA Health Sciences Inc                 | USANA Health Sciences Inc                  | CUSIP: 90328M107<br>LEI: 549300YTURXE814MAH96 | Long             | EC               | CORP              | US        |     87940 | NS      | $2584556.60   | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| United Airlines Holdings Inc              | United Airlines Holdings Inc               | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |   1063136 | NS      | $93885540.16  | 2.35%             |  |  |  | No            | 1                  | On Loan: No      |
| United Therapeutics Corp                  | United Therapeutics Corp                   | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |    211870 | NS      | $58200689.00  | 1.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Universal Corp/VA                         | Universal Corp/VA                          | CUSIP: 913456109<br>LEI: 549300BZXZ66F6DTIF20 | Long             | EC               | CORP              | US        |    231928 | NS      | $12633118.16  | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Upwork Inc                                | Upwork Inc                                 | CUSIP: 91688F104<br>LEI: 5493004QJ6WWBXVE2S70 | Long             | EC               | CORP              | US        |    638764 | NS      | $7639617.44   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| V2X Inc                                   | V2X Inc                                    | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    138782 | NS      | $6575491.16   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| World Kinect Corp                         | World Kinect Corp                          | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |    415264 | NS      | $11324249.28  | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Xerox Holdings Corp                       | Xerox Holdings Corp                        | CUSIP: 98421M106<br>LEI: 5493000Y33XDVO2CXC18 | Long             | EC               | CORP              | US        |   1130063 | NS      | $4576755.15   | 0.11%             |  |  |  | No            | 1                  | On Loan: —       |
| Yelp Inc                                  | Yelp Inc                                   | CUSIP: 985817105<br>LEI: 5299007OU2DOSXPQBO35 | Long             | EC               | CORP              | US        |    403640 | NS      | $13897325.20  | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| YETI Holdings Inc                         | YETI Holdings Inc                          | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |    345434 | NS      | $12691245.16  | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| GigaCloud Technology Inc                  | GigaCloud Technology Inc                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    260260 | NS      | $5795990.20   | 0.14%             |  |  |  | No            | 1                  | On Loan: —       |
| Weatherford International PLC             | Weatherford International PLC              | CUSIP: N/A<br>LEI: 529900LPBDSCQDJKHQ39       | Long             | EC               | CORP              | US        |    490044 | NS      | $27711988.20  | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| TechnipFMC PLC                            | TechnipFMC PLC                             | CUSIP: N/A<br>LEI: 549300D5I93QWCJTCK36       | Long             | EC               | CORP              | GB        |   1912061 | NS      | $69541658.57  | 1.74%             |  |  |  | No            | 1                  | On Loan: No      |
| Teekay Corp Ltd                           | Teekay Corp Ltd                            | CUSIP: N/A<br>LEI: YHKQM2RIPKZYOZ6RVZ46       | Long             | EC               | CORP              | BM        |    556662 | NS      | $4007966.40   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Teekay Tankers Ltd                        | Teekay Tankers Ltd                         | CUSIP: N/A<br>LEI: 549300DE8ZAIYS2T6Q22       | Long             | EC               | CORP              | CA        |    240841 | NS      | $10199616.35  | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Dorian LPG Ltd                            | Dorian LPG Ltd                             | CUSIP: N/A<br>LEI: 549300WP1W2WGMC7F395       | Long             | EC               | CORP              | US        |    325485 | NS      | $9370713.15   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Korn Ferry                                | Korn Ferry                                 | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |    253830 | NS      | $17988932.10  | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Kulicke & Soffa Industries Inc            | Kulicke & Soffa Industries Inc             | CUSIP: 501242101<br>LEI: 529900H6BEIRBF429744 | Long             | EC               | CORP              | SG        |    218222 | NS      | $7148952.72   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| LCI Industries                            | LCI Industries                             | CUSIP: 50189K103<br>LEI: 549300E1B98YNJ1WIQ04 | Long             | EC               | CORP              | US        |    229677 | NS      | $21819315.00  | 0.55%             |  |  |  | No            | 1                  | On Loan: —       |
| Lantheus Holdings Inc                     | Lantheus Holdings Inc                      | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |    321449 | NS      | $22883954.31  | 0.57%             |  |  |  | No            | 1                  | On Loan: —       |
| Leggett & Platt Inc                       | Leggett & Platt Inc                        | CUSIP: 524660107<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | EC               | CORP              | US        |   1312396 | NS      | $12533381.80  | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Legalzoom.com Inc                         | Legalzoom.com Inc                          | CUSIP: 52466B103<br>LEI: 5493000L8EBF74Y9JZ48 | Long             | EC               | CORP              | US        |    705732 | NS      | $6344530.68   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Liberty Energy Inc                        | Liberty Energy Inc                         | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    859298 | NS      | $10603737.32  | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Liquidity Services Inc                    | Liquidity Services Inc                     | CUSIP: 53635B107<br>LEI: 5299002AZ4ULSAXN0G81 | Long             | EC               | CORP              | US        |    102458 | NS      | $2446697.04   | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| LiveRamp Holdings Inc                     | LiveRamp Holdings Inc                      | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |    261404 | NS      | $8579279.28   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Lyft Inc                                  | Lyft Inc                                   | CUSIP: 55087P104<br>LEI: 549300H7I5VN334XVZ52 | Long             | EC               | CORP              | US        |   3320094 | NS      | $46680521.64  | 1.17%             |  |  |  | No            | 1                  | On Loan: —       |
| Magnite Inc                               | Magnite Inc                                | CUSIP: 55955D100<br>LEI: 54930018FR2YX1HHSB02 | Long             | EC               | CORP              | US        |    759691 | NS      | $17480489.91  | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Maplebear Inc                             | Maplebear Inc                              | CUSIP: 565394103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    999445 | NS      | $47943376.65  | 1.20%             |  |  |  | No            | 1                  | On Loan: —       |
| Match Group Inc                           | Match Group Inc                            | CUSIP: 57667L107<br>LEI: 15OMOPB0A8K0EFUVD031 | Long             | EC               | CORP              | US        |   1400071 | NS      | $47980433.17  | 1.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Matson Inc                                | Matson Inc                                 | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |    224717 | NS      | $23995281.26  | 0.60%             |  |  |  | No            | 1                  | On Loan: —       |
| Mattel Inc                                | Mattel Inc                                 | CUSIP: 577081102<br>LEI: 549300VELLG24KHTJ564 | Long             | EC               | CORP              | US        |   1643363 | NS      | $27953604.63  | 0.70%             |  |  |  | No            | 1                  | On Loan: No      |
| MediaAlpha Inc                            | MediaAlpha Inc                             | CUSIP: 58450V104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    317422 | NS      | $3180568.44   | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Pediatrix Medical Group Inc               | Pediatrix Medical Group Inc                | CUSIP: 58502B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    734621 | NS      | $8999107.25   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Monarch Casino & Resort Inc               | Monarch Casino & Resort Inc                | CUSIP: 609027107<br>LEI: 549300AK5FF7KY11V997 | Long             | EC               | CORP              | US        |     69672 | NS      | $7173429.12   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| NOV Inc                                   | NOV Inc                                    | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |   3749053 | NS      | $47163086.74  | 1.18%             |  |  |  | No            | 1                  | On Loan: —       |
| National HealthCare Corp                  | National HealthCare Corp                   | CUSIP: 635906100<br>LEI: 254900PTS11LS1JS2752 | Long             | EC               | CORP              | US        |     56024 | NS      | $5379984.72   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| NetScout Systems Inc                      | NetScout Systems Inc                       | CUSIP: 64115T104<br>LEI: 5493005HZXZ3SPNVCV76 | Long             | EC               | CORP              | US        |    480208 | NS      | $10286055.36  | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| NEXTracker Inc                            | NEXTracker Inc                             | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    539048 | NS      | $31404936.48  | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| Nexstar Media Group Inc                   | Nexstar Media Group Inc                    | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |    287076 | NS      | $53714790.36  | 1.34%             |  |  |  | No            | 1                  | On Loan: —       |
| Nu Skin Enterprises Inc                   | Nu Skin Enterprises Inc                    | CUSIP: 67018T105<br>LEI: 54930050DETB6CP71D38 | Long             | EC               | CORP              | US        |    461558 | NS      | $3867856.04   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Omnicom Group Inc                         | Omnicom Group Inc                          | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |   1087883 | NS      | $78381970.15  | 1.96%             |  |  |  | No            | 1                  | On Loan: —       |
| Omnicell Inc                              | Omnicell Inc                               | CUSIP: 68213N109<br>LEI: 5493008RH0GTKHHPZI77 | Long             | EC               | CORP              | US        |    194588 | NS      | $6034173.88   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| OneSpan Inc                               | OneSpan Inc                                | CUSIP: 68287N100<br>LEI: 984500E502E6DC354D26 | Long             | EC               | CORP              | US        |    171558 | NS      | $2530480.50   | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Ovintiv Inc                               | Ovintiv Inc                                | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |   1879405 | NS      | $77393897.90  | 1.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Pacira BioSciences Inc                    | Pacira BioSciences Inc                     | CUSIP: 695127100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    348045 | NS      | $7340269.05   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| PagerDuty Inc                             | PagerDuty Inc                              | CUSIP: 69553P100<br>LEI: 549300U1SB749EDAGH21 | Long             | EC               | CORP              | US        |    406074 | NS      | $6545912.88   | 0.16%             |  |  |  | No            | 1                  | On Loan: —       |
| Penguin Solutions Inc                     | Penguin Solutions Inc                      | CUSIP: 706915105<br>LEI: 529900RDGHQY8XKXPN14 | Long             | EC               | CORP              | US        |    369130 | NS      | $8700394.10   | 0.22%             |  |  |  | No            | 1                  | On Loan: —       |
| Perdoceo Education Corp                   | Perdoceo Education Corp                    | CUSIP: 71363P106<br>LEI: 529900X5PCA184O9LY90 | Long             | EC               | CORP              | US        |    277631 | NS      | $7990220.18   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Perimeter Solutions Inc                   | Perimeter Solutions Inc                    | CUSIP: 71385M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    757234 | NS      | $12214184.42  | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Apogee Enterprises Inc                    | Apogee Enterprises Inc                     | CUSIP: 037598109<br>LEI: 549300579S7QW8V4IJ60 | Long             | EC               | CORP              | US        |    123096 | NS      | $5168801.04   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Apple Hospitality REIT Inc                | Apple Hospitality REIT Inc                 | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |   1514764 | NS      | $17798477.00  | 0.44%             |  |  |  | No            | 1                  | On Loan: —       |
| Phinia Inc                                | Phinia Inc                                 | CUSIP: 71880K101<br>LEI: 254900HG6MORZE1FFM18 | Long             | EC               | CORP              | US        |    276750 | NS      | $14031225.00  | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Photronics Inc                            | Photronics Inc                             | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |    259123 | NS      | $5275744.28   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Pilgrim's Pride Corp                      | Pilgrim's Pride Corp                       | CUSIP: 72147K108<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | EC               | CORP              | US        |    397479 | NS      | $18836529.81  | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Astec Industries Inc                      | Astec Industries Inc                       | CUSIP: 046224101<br>LEI: 5493002DO2QKHLKB2A48 | Long             | EC               | CORP              | US        |     93826 | NS      | $3721139.16   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Atkore Inc                                | Atkore Inc                                 | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |    261172 | NS      | $20115467.44  | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Avanos Medical Inc                        | Avanos Medical Inc                         | CUSIP: 05350V106<br>LEI: 549300YCXWOM7NEWMQ58 | Long             | EC               | CORP              | US        |    448770 | NS      | $5012760.90   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Avnet Inc                                 | Avnet Inc                                  | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |    786935 | NS      | $41660338.90  | 1.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Axcelis Technologies Inc                  | Axcelis Technologies Inc                   | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               | CORP              | US        |     99935 | NS      | $6764600.15   | 0.17%             |  |  |  | No            | 1                  | On Loan: —       |
| Bath & Body Works Inc                     | Bath & Body Works Inc                      | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |   1651547 | NS      | $47828801.12  | 1.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Benchmark Electronics Inc                 | Benchmark Electronics Inc                  | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |    199536 | NS      | $7682136.00   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| BILL Holdings Inc                         | BILL Holdings Inc                          | CUSIP: 090043100<br>LEI: 549300IBF9VZZIGOZW63 | Long             | EC               | CORP              | US        |    405598 | NS      | $17379874.30  | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| BorgWarner Inc                            | BorgWarner Inc                             | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |   1551560 | NS      | $57097408.00  | 1.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Boston Beer Co Inc/The                    | Boston Beer Co Inc/The                     | CUSIP: 100557107<br>LEI: 529900Q02MQ0DCQNRM58 | Long             | EC               | CORP              | US        |     47134 | NS      | $9760508.72   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Buckle Inc/The                            | Buckle Inc/The                             | CUSIP: 118440106<br>LEI: 5299007IU0461T3GDL34 | Long             | EC               | CORP              | US        |    247746 | NS      | $12231220.02  | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Bumble Inc                                | Bumble Inc                                 | CUSIP: 12047B105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    792426 | NS      | $6165074.28   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Cable One Inc                             | Cable One Inc                              | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Long             | EC               | CORP              | US        |     45106 | NS      | $5772665.88   | 0.14%             |  |  |  | No            | 1                  | On Loan: —       |
| Cal-Maine Foods Inc                       | Cal-Maine Foods Inc                        | CUSIP: 128030202<br>LEI: 549300NHE5WMIEIEMF53 | Long             | EC               | CORP              | US        |    424595 | NS      | $47189488.30  | 1.18%             |  |  |  | No            | 1                  | On Loan: No      |
| California Resources Corp                 | California Resources Corp                  | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |    516002 | NS      | $24860976.36  | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Cars.com Inc                              | Cars.com Inc                               | CUSIP: 14575E105<br>LEI: 5493002G6J07LNGX4M98 | Long             | EC               | CORP              | US        |    581619 | NS      | $7485436.53   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Carter's Inc                              | Carter's Inc                               | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |    351992 | NS      | $8532286.08   | 0.21%             |  |  |  | No            | 1                  | On Loan: —       |
| Catalyst Pharmaceuticals Inc              | Catalyst Pharmaceuticals Inc               | CUSIP: 14888U101<br>LEI: 5299004O0R5XXLA5H544 | Long             | EC               | CORP              | US        |    601816 | NS      | $12836735.28  | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Central Garden & Pet Co                   | Central Garden & Pet Co                    | CUSIP: 153527106<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |     90052 | NS      | $3513829.04   | 0.09%             |  |  |  | No            | 1                  | On Loan: —       |
| Janus International Group Inc             | Janus International Group Inc              | CUSIP: 47103N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1005459 | NS      | $8616783.63   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Sitio Royalties Corp                      | Sitio Royalties Corp                       | CUSIP: 82983N108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    773814 | NS      | $14060200.38  | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Skyworks Solutions Inc                    | Skyworks Solutions Inc                     | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |    989810 | NS      | $67841577.40  | 1.70%             |  |  |  | No            | 1                  | On Loan: No      |
| SkyWater Technology Inc                   | SkyWater Technology Inc                    | CUSIP: 83089J108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    218822 | NS      | $1958456.90   | 0.05%             |  |  |  | No            | 1                  | On Loan: —       |
| Steelcase Inc                             | Steelcase Inc                              | CUSIP: 858155203<br>LEI: GIE4CCPBJDI8SMV1OX95 | Long             | EC               | CORP              | US        |    528125 | NS      | $5455531.25   | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Sterling Infrastructure Inc               | Sterling Infrastructure Inc                | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |    119466 | NS      | $31967906.94  | 0.80%             |  |  |  | No            | 1                  | On Loan: —       |
| Jazz Pharmaceuticals PLC                  | Jazz Pharmaceuticals PLC                   | CUSIP: N/A<br>LEI: 635400GAUMJCLEZRRV50       | Long             | EC               | CORP              | IE        |    594901 | NS      | $68193501.63  | 1.70%             |  |  |  | No            | 1                  | On Loan: No      |
| Signet Jewelers Ltd                       | Signet Jewelers Ltd                        | CUSIP: N/A<br>LEI: 549300N3XPGE91WV7M22       | Long             | EC               | CORP              | US        |    285014 | NS      | $22544607.40  | 0.56%             |  |  |  | No            | 1                  | On Loan: —       |
| Playtika Holding Corp                     | Playtika Holding Corp                      | CUSIP: 72815L107<br>LEI: 254900E35Z4TKA4UFG64 | Long             | EC               | CORP              | IL        |    509610 | NS      | $2270312.55   | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Plexus Corp                               | Plexus Corp                                | CUSIP: 729132100<br>LEI: 549300W7HCBI5YT25I79 | Long             | EC               | CORP              | US        |    144311 | NS      | $18399652.50  | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Premier Inc                               | Premier Inc                                | CUSIP: 74051N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    770339 | NS      | $16546881.72  | 0.41%             |  |  |  | No            | 1                  | On Loan: —       |
| ADT Inc                                   | ADT Inc                                    | CUSIP: 00090Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3955707 | NS      | $33030153.45  | 0.83%             |  |  |  | No            | 1                  | On Loan: No      |
| AMN Healthcare Services Inc               | AMN Healthcare Services Inc                | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Long             | EC               | CORP              | US        |    371890 | NS      | $6820462.60   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| A-Mark Precious Metals Inc                | A-Mark Precious Metals Inc                 | CUSIP: 00181T107<br>LEI: XP6XYFDZQGKLUMOFGT37 | Long             | EC               | CORP              | US        |    173178 | NS      | $3685227.84   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Angi Inc                                  | Angi Inc                                   | CUSIP: 00183L201<br>LEI: 5493003ENY577E6SZL06 | Long             | EC               | CORP              | US        |    275104 | NS      | $4462186.88   | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| ASGN Inc                                  | ASGN Inc                                   | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Long             | EC               | CORP              | US        |    316726 | NS      | $15880641.64  | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Abercrombie & Fitch Co                    | Abercrombie & Fitch Co                     | CUSIP: 002896207<br>LEI: 5493000J7LL72TOGT983 | Long             | EC               | CORP              | US        |    295988 | NS      | $28420767.76  | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| AdaptHealth Corp                          | AdaptHealth Corp                           | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1037418 | NS      | $9305639.46   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Adeia Inc                                 | Adeia Inc                                  | CUSIP: 00676P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    746914 | NS      | $9672536.30   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Alamo Group Inc                           | Alamo Group Inc                            | CUSIP: 011311107<br>LEI: 54930080C93RVZRSDV26 | Long             | EC               | CORP              | US        |     49502 | NS      | $11018155.16  | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Alpha Metallurgical Resources             | Alpha Metallurgical Resources Inc          | CUSIP: 020764106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    106863 | NS      | $12617314.41  | 0.32%             |  |  |  | No            | 1                  | On Loan: —       |
| American Axle & Manufacturing             | American Axle & Manufacturing Holdings Inc | CUSIP: 024061103<br>LEI: 254900SMQY98VFKNCC32 | Long             | EC               | CORP              | US        |   1148208 | NS      | $5109525.60   | 0.13%             |  |  |  | No            | 1                  | On Loan: —       |
| American Public Education Inc             | American Public Education Inc              | CUSIP: 02913V103<br>LEI: 254900GZNX6TJQGM4S17 | Long             | EC               | CORP              | US        |     88852 | NS      | $2622911.04   | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Amphastar Pharmaceuticals Inc             | Amphastar Pharmaceuticals Inc              | CUSIP: 03209R103<br>LEI: 54930055TH0ZLSAQMJ38 | Long             | EC               | CORP              | US        |    308017 | NS      | $6452956.15   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| APA Corp                                  | APA Corp                                   | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |   2987654 | NS      | $57631845.66  | 1.44%             |  |  |  | No            | 1                  | On Loan: —       |
| Argan Inc                                 | Argan Inc                                  | CUSIP: 04010E109<br>LEI: 529900E4KZWBV9KGBS83 | Long             | EC               | CORP              | US        |     43378 | NS      | $10626742.44  | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Arrow Electronics Inc                     | Arrow Electronics Inc                      | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |    433063 | NS      | $50235308.00  | 1.26%             |  |  |  | No            | 1                  | On Loan: No      |
| H&R Block Inc                             | H&R Block Inc                              | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |    617254 | NS      | $33541582.36  | 0.84%             |  |  |  | No            | 1                  | On Loan: No      |
| CF Industries Holdings Inc                | CF Industries Holdings Inc                 | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |    787525 | NS      | $73105945.75  | 1.83%             |  |  |  | No            | 1                  | On Loan: No      |
| Cirrus Logic Inc                          | Cirrus Logic Inc                           | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |    220414 | NS      | $22197893.94  | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| Civitas Resources Inc                     | Civitas Resources Inc                      | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |    870559 | NS      | $26430171.24  | 0.66%             |  |  |  | No            | 1                  | On Loan: —       |
| Clear Secure Inc                          | Clear Secure Inc                           | CUSIP: 18467V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    650686 | NS      | $19136675.26  | 0.48%             |  |  |  | No            | 1                  | On Loan: —       |
| Collegium Pharmaceutical Inc              | Collegium Pharmaceutical Inc               | CUSIP: 19459J104<br>LEI: 54930049FXZMTLW8D496 | Long             | EC               | CORP              | US        |    314936 | NS      | $9403988.96   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Columbia Sportswear Co                    | Columbia Sportswear Co                     | CUSIP: 198516106<br>LEI: 549300OTMCIEUXAH5Z60 | Long             | EC               | CORP              | US        |    258881 | NS      | $14644898.17  | 0.37%             |  |  |  | No            | 1                  | On Loan: —       |
| Conagra Brands Inc                        | Conagra Brands Inc                         | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |   3577831 | NS      | $65331194.06  | 1.63%             |  |  |  | No            | 1                  | On Loan: No      |
| Coursera Inc                              | Coursera Inc                               | CUSIP: 22266M104<br>LEI: 984500573CA1QB7DAC30 | Long             | EC               | CORP              | US        |    423933 | NS      | $5358513.12   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Crocs Inc                                 | Crocs Inc                                  | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |    483663 | NS      | $48235710.99  | 1.21%             |  |  |  | No            | 1                  | On Loan: —       |
| Crown Holdings Inc                        | Crown Holdings Inc                         | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |    696223 | NS      | $69176717.28  | 1.73%             |  |  |  | No            | 1                  | On Loan: No      |
| Daktronics Inc                            | Daktronics Inc                             | CUSIP: 234264109<br>LEI: 549300IOLZ3SG5YUJ288 | Long             | EC               | CORP              | US        |    256024 | NS      | $4152709.28   | 0.10%             |  |  |  | No            | 1                  | On Loan: —       |
| DaVita Inc                                | DaVita Inc                                 | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               | CORP              | US        |    432934 | NS      | $60770945.58  | 1.52%             |  |  |  | No            | 1                  | On Loan: —       |
| Digi International Inc                    | Digi International Inc                     | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |    167898 | NS      | $5475153.78   | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Dillard's Inc                             | Dillard's Inc                              | CUSIP: 254067101<br>LEI: 529900FGYKMWL6019P91 | Long             | EC               | CORP              | US        |     29223 | NS      | $13645095.39  | 0.34%             |  |  |  | No            | 1                  | On Loan: —       |
| Emergent BioSolutions Inc                 | Emergent BioSolutions Inc                  | CUSIP: 29089Q105<br>LEI: 549300YW6TUOX8BE5103 | Long             | EC               | CORP              | US        |    529170 | NS      | $3111519.60   | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Enphase Energy Inc                        | Enphase Energy Inc                         | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |    553804 | NS      | $17921097.44  | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Envista Holdings Corp                     | Envista Holdings Corp                      | CUSIP: 29415F104<br>LEI: 549300BX623VURJZ5269 | Long             | EC               | CORP              | US        |    768215 | NS      | $14511581.35  | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| ePlus Inc                                 | ePlus Inc                                  | CUSIP: 294268107<br>LEI: 529900FFY8AAFJ21NE91 | Long             | EC               | CORP              | US        |    226937 | NS      | $14700978.86  | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Vestis Corp                               | Vestis Corp                                | CUSIP: 29430C102<br>LEI: 254900QDW0TA2TMFAP59 | Long             | EC               | CORP              | US        |   1119265 | NS      | $6782745.90   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Ethan Allen Interiors Inc                 | Ethan Allen Interiors Inc                  | CUSIP: 297602104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    104221 | NS      | $3102659.17   | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Etsy Inc                                  | Etsy Inc                                   | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |    649807 | NS      | $37864253.89  | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| European Wax Center Inc                   | European Wax Center Inc                    | CUSIP: 29882P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    319080 | NS      | $1493294.40   | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| EverQuote Inc                             | EverQuote Inc                              | CUSIP: 30041R108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    160940 | NS      | $3957514.60   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Exelixis Inc                              | Exelixis Inc                               | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |   1052434 | NS      | $38119159.48  | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Expedia Group Inc                         | Expedia Group Inc                          | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    475102 | NS      | $85622882.44  | 2.14%             |  |  |  | No            | 1                  | On Loan: No      |
| eXp World Holdings Inc                    | eXp World Holdings Inc                     | CUSIP: 30212W100<br>LEI: 549300TWVVZC283VEC32 | Long             | EC               | CORP              | US        |    824704 | NS      | $8890309.12   | 0.22%             |  |  |  | No            | 1                  | On Loan: —       |
| Figs Inc                                  | Figs Inc                                   | CUSIP: 30260D103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    641125 | NS      | $4167312.50   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Fluor Corp                                | Fluor Corp                                 | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |    563508 | NS      | $31990349.16  | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Fox Corp                                  | Fox Corp                                   | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |   1465399 | NS      | $81710648.24  | 2.04%             |  |  |  | No            | 1                  | On Loan: No      |
| fuboTV Inc                                | fuboTV Inc                                 | CUSIP: 35953D104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2235676 | NS      | $8897990.48   | 0.22%             |  |  |  | No            | 1                  | On Loan: —       |
| Funko Inc                                 | Funko Inc                                  | CUSIP: 361008105<br>LEI: 529900NG9F0KL5P6NK67 | Long             | EC               | CORP              | US        |    355324 | NS      | $1364444.16   | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| GMS Inc                                   | GMS Inc                                    | CUSIP: 36251C103<br>LEI: 52990057RENOQO4U0D72 | Long             | EC               | CORP              | US        |    238835 | NS      | $26185869.40  | 0.65%             |  |  |  | No            | 1                  | On Loan: No      |
| GameStop Corp                             | GameStop Corp                              | CUSIP: 36467W109<br>LEI: 549300505KLOET039L77 | Long             | EC               | CORP              | US        |   1048168 | NS      | $23531371.60  | 0.59%             |  |  |  | No            | 1                  | On Loan: —       |
| Gap Inc/The                               | Gap Inc/The                                | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |   2190400 | NS      | $42625184.00  | 1.07%             |  |  |  | No            | 1                  | On Loan: —       |
| Graham Holdings Co                        | Graham Holdings Co                         | CUSIP: 384637104<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | EC               | CORP              | US        |     20880 | NS      | $19923278.40  | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Gray Media Inc                            | Gray Media Inc                             | CUSIP: 389375106<br>LEI: 529900TM5726KDN7UU35 | Long             | EC               | CORP              | US        |    809458 | NS      | $3650655.58   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Harley-Davidson Inc                       | Harley-Davidson Inc                        | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               | CORP              | US        |   1123684 | NS      | $27339231.72  | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| Harmonic Inc                              | Harmonic Inc                               | CUSIP: 413160102<br>LEI: 549300LRGRD8XC9BTL66 | Long             | EC               | CORP              | US        |    655082 | NS      | $5574747.82   | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Harmony Biosciences Holdings I            | Harmony Biosciences Holdings Inc           | CUSIP: 413197104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    355412 | NS      | $12503394.16  | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Healthcare Services Group Inc             | Healthcare Services Group Inc              | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |    283436 | NS      | $3687502.36   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Heidrick & Struggles Internati            | Heidrick & Struggles International Inc     | CUSIP: 422819102<br>LEI: 5493006284N2J367VB57 | Long             | EC               | CORP              | US        |    119980 | NS      | $5342709.40   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Helix Energy Solutions Group I            | Helix Energy Solutions Group Inc           | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |    840573 | NS      | $4984597.89   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| IDT Corp                                  | IDT Corp                                   | CUSIP: 448947507<br>LEI: 549300JNTN7ZMJDFCL56 | Long             | EC               | CORP              | US        |     83578 | NS      | $4923579.98   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Crescent Energy Co                        | Crescent Energy Co                         | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1785929 | NS      | $16501983.96  | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Ibotta Inc                                | Ibotta Inc                                 | CUSIP: 451051106<br>LEI: 54930026OZD4IQ7YR615 | Long             | EC               | CORP              | US        |     64486 | NS      | $2344066.10   | 0.06%             |  |  |  | No            | 1                  | On Loan: —       |
| Ingredion Inc                             | Ingredion Inc                              | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |    376619 | NS      | $49540463.26  | 1.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Innovex International Inc                 | Innovex International Inc                  | CUSIP: 457651107<br>LEI: 5299007REICYIJNMW197 | Long             | EC               | CORP              | US        |    355424 | NS      | $5836062.08   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Insight Enterprises Inc                   | Insight Enterprises Inc                    | CUSIP: 45765U103<br>LEI: 529900S8991TYW6YP792 | Long             | EC               | CORP              | US        |    169974 | NS      | $20155516.92  | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Innoviva Inc                              | Innoviva Inc                               | CUSIP: 45781M101<br>LEI: 549300ACOX4QTBES6535 | Long             | EC               | CORP              | US        |    478156 | NS      | $8688094.52   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Innovative Industrial Properti            | Innovative Industrial Properties Inc       | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | EC               | CORP              | US        |    174265 | NS      | $9009500.50   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Interface Inc                             | Interface Inc                              | CUSIP: 458665304<br>LEI: 549300VXZWQOIDFPU355 | Long             | EC               | CORP              | US        |    291068 | NS      | $6001822.16   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Interpublic Group of Cos Inc/T            | Interpublic Group of Cos Inc/The           | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |   2428320 | NS      | $59736672.00  | 1.49%             |  |  |  | No            | 1                  | On Loan: No      |
| MRC Global Inc                            | MRC Global Inc                             | CUSIP: 55345K103<br>LEI: 529900TSBPOLCLI2L582 | Long             | EC               | CORP              | US        |    832339 | NS      | $12218736.52  | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Steven Madden Ltd                         | Steven Madden Ltd                          | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |    375165 | NS      | $9005835.83   | 0.23%             |  |  |  | No            | 1                  | On Loan: —       |
| Monro Inc                                 | Monro Inc                                  | CUSIP: 610236101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    292568 | NS      | $4123745.96   | 0.10%             |  |  |  | No            | 1                  | On Loan: —       |
| Murphy Oil Corp                           | Murphy Oil Corp                            | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |   1257735 | NS      | $31204405.35  | 0.78%             |  |  |  | No            | 1                  | On Loan: —       |
| Chord Energy Corp                         | Chord Energy Corp                          | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |    543991 | NS      | $60018527.03  | 1.50%             |  |  |  | No            | 1                  | On Loan: No      |
| RPC Inc                                   | RPC Inc                                    | CUSIP: 749660106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    806558 | NS      | $3750494.70   | 0.09%             |  |  |  | No            | 1                  | On Loan: —       |
| RingCentral Inc                           | RingCentral Inc                            | CUSIP: 76680R206<br>LEI: 549300C8EH0H1614VE84 | Long             | EC               | CORP              | US        |    790433 | NS      | $20148137.17  | 0.50%             |  |  |  | No            | 1                  | On Loan: —       |
| Robert Half Inc                           | Robert Half Inc                            | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |    388634 | NS      | $14344480.94  | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Rush Enterprises Inc                      | Rush Enterprises Inc                       | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |    490048 | NS      | $26531198.72  | 0.66%             |  |  |  | No            | 1                  | On Loan: —       |
| ScanSource Inc                            | ScanSource Inc                             | CUSIP: 806037107<br>LEI: 7FHBAN017QDY4K2KP156 | Long             | EC               | CORP              | US        |    199430 | NS      | $7745861.20   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Shoals Technologies Group Inc             | Shoals Technologies Group Inc              | CUSIP: 82489W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    766032 | NS      | $4128912.48   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Sturm Ruger & Co Inc                      | Sturm Ruger & Co Inc                       | CUSIP: 864159108<br>LEI: 529900DV1BWFJSHFO847 | Long             | EC               | CORP              | US        |     55266 | NS      | $1887886.56   | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Sun Country Airlines Holdings             | Sun Country Airlines Holdings Inc          | CUSIP: 866683105<br>LEI: 549300MOHOJN9GH0NJ48 | Long             | EC               | CORP              | US        |    388298 | NS      | $4500373.82   | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| SunCoke Energy Inc                        | SunCoke Energy Inc                         | CUSIP: 86722A103<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | EC               | CORP              | US        |    793176 | NS      | $5861570.64   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Viatris Inc                               | Viatris Inc                                | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |   8820538 | NS      | $77091502.12  | 1.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Vimeo Inc                                 | Vimeo Inc                                  | CUSIP: 92719V100<br>LEI: 25490061AWYWC90UIJ68 | Long             | EC               | CORP              | US        |    611243 | NS      | $2316610.97   | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Visteon Corp                              | Visteon Corp                               | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |    174233 | NS      | $19365997.95  | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        | 527852455 | NS      | $527852454.77 | 13.19%            |  |  |  | No            | N/A                | On Loan: No      |
| Alkermes PLC                              | Alkermes PLC                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |    863510 | NS      | $22874379.90  | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Fresh Del Monte Produce Inc               | Fresh Del Monte Produce Inc                | CUSIP: N/A<br>LEI: 529900I72V9F0FEZR228       | Long             | EC               | CORP              | US        |    259340 | NS      | $9748590.60   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Ardmore Shipping Corp                     | Ardmore Shipping Corp                      | CUSIP: N/A<br>LEI: 549300J8HD7K6BHD8O28       | Long             | EC               | CORP              | IE        |    367852 | NS      | $4002229.76   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Scorpio Tankers Inc                       | Scorpio Tankers Inc                        | CUSIP: N/A<br>LEI: 549300NVJUH16NXG8K87       | Long             | EC               | CORP              | MC        |    391358 | NS      | $17693295.18  | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-09-25

**Name of Applicant:** Pacer Funds Trust

**Signature:** /s/ Bruce Kavanaugh

**Name of Signer:** Pacer Funds Trust

**Title:** Vice President