Pacer Advisors, Inc.
Follow13F filer, CIK 1616667, Malvern, PA
Pacer Advisors, Inc. reported $39,146,813,409 across 3,828 holdings for the quarter ended 2025-12-31, in a 13F-HR/A filed 2026-02-24. Its ten largest share positions make up 12.1% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR/A 0000894189-26-004242
- Period
- 2025-12-31
- Reported value
- $39.1B
- Holdings
- 3,828
- Top 10 weight
- 12.1%
- New
- 414
- Sold out
- 518
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| U.S. Bank Money Market Depo…added | +366,900,534 | $367M |
| UPSadded | +2,710,470 | $269M |
| DVNadded | +6,285,658 | $230M |
| MPCadded | +1,273,386 | $207M |
| CCLadded | +6,425,822 | $196M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| AMATreduced | -2,304,144 | -$592M |
| CSCOreduced | -5,409,420 | -$417M |
| WBDreduced | -13,400,215 | -$386M |
| HALreduced | -6,327,973 | -$179M |
| IQVreduced | -714,501 | -$161M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Back to all 2,341 share positions
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| 2SPY US 09/30/26 C7.39 FLX2SPY US 09/30/26 C7.39 FLX Flex Option | call | 1,464 | $98.3M | new |
| SPY 03/31/2026 6.21 CSPY 03/31/2026 6.21 C Flex Option | call | 1,367 | $92.2M | -73 |
| SPY 06/30/2026 6.86 CSPY 06/30/2026 6.86 C Flex Option | call | 1,360 | $91.5M | -63 |
| SPY 03/31/2026 6.15 CSPY 03/31/2026 6.15 C Flex Option | call | 1,221 | $82.4M | -46 |
| SPY 12/31/2025 6.51 CSPY 12/31/2025 6.51 C Flex Option | call | 1,189 | $80.3M | -76 |
| SPY 12/31/2025 6.56 CSPY 12/31/2025 6.56 C Flex Option | call | 732 | $49.4M | -43 |
| 2SPY US 09/30/26 C7.33 FLX2SPY US 09/30/26 C7.33 FLX Flex Option | call | 711 | $47.7M | new |
| SPY 06/30/2026 6.8 CSPY 06/30/2026 6.8 C Flex Option | call | 631 | $42.5M | -24 |
| 2SPY US 09/30/26 C7.46 FLX2SPY US 09/30/26 C7.46 FLX Flex Option | call | 620 | $41.6M | new |
| SPY 06/30/2026 6.92 CSPY 06/30/2026 6.92 C Flex Option | call | 551 | $37.1M | -77 |
| SPY 12/31/2025 6.45 CSPY 12/31/2025 6.45 C Flex Option | call | 473 | $31.9M | -36 |
| SPY 03/31/2026 6.27 CSPY 03/31/2026 6.27 C Flex Option | call | 332 | $22.4M | -26 |
| 2SPY US 09/30/26 P666.25 FLX2SPY US 09/30/26 P666.25 FLX Flex Option | put | 1,464 | $4.03M | new |
| 2SPY US 09/30/26 P666.18 FLX2SPY US 09/30/26 P666.18 FLX Flex Option | put | 620 | $1.7M | new |
| SPY 06/30/2026 617.91 PSPY 06/30/2026 617.91 P Flex Option | put | 1,360 | $1.59M | -63 |
| 2SPY US 09/30/26 P632.87 FLX2SPY US 09/30/26 P632.87 FLX Flex Option | put | 711 | $1.43M | new |
| SPY 06/30/2026 617.85 PSPY 06/30/2026 617.85 P Flex Option | put | 551 | $643K | -77 |
| SPY 06/30/2026 586.96 PSPY 06/30/2026 586.96 P Flex Option | put | 631 | $517K | -24 |
| SPY 03/31/2026 559.45 PSPY 03/31/2026 559.45 P Flex Option | put | 1,367 | $282K | -73 |
| SPY 03/31/2026 531.42 PSPY 03/31/2026 531.42 P Flex Option | put | 1,221 | $180K | -46 |
| 2SPY US 09/30/26 P399.71 FLX2SPY US 09/30/26 P399.71 FLX Flex Option | put | 620 | $159K | new |
| SPY 03/31/2026 559.39 PSPY 03/31/2026 559.39 P Flex Option | put | 332 | $68.5K | -26 |
| SPY 06/30/2026 370.71 PSPY 06/30/2026 370.71 P Flex Option | put | 551 | $62.8K | -77 |
| SPY 03/31/2026 335.63 PSPY 03/31/2026 335.63 P Flex Option | put | 332 | $6.77K | -26 |
| SPY 12/31/2025 351.65 PSPY 12/31/2025 351.65 P Flex Option | put | 732 | $0 | -43 |
| SPY 12/31/2025 556.78 PSPY 12/31/2025 556.78 P Flex Option | put | 473 | $0 | -36 |
| SPY 12/31/2025 586.08 PSPY 12/31/2025 586.08 P Flex Option | put | 732 | $0 | -43 |
| SPY 12/31/2025 586.14 PSPY 12/31/2025 586.14 P Flex Option | put | 1,189 | $0 | -76 |
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
The largest 100 of 1,459. All 1,459
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| S&P 500 Annl Div Dec27S&P 500 Annl Div Dec27 Future - Index | principal | 2,554 | $52M | +131 |
| S&P 500 Annl Div Dec26S&P 500 Annl Div Dec26 Future - Index | principal | 2,554 | $51.9M | +131 |
| S&P 500 Annl Div Dec28S&P 500 Annl Div Dec28 Future - Index | principal | 2,554 | $51.9M | new |
| US TREASU NT 4.875 05/26UST…US TREASU NT 4.875 05/26UST NOTE … NOT | principal | 13,000,000 | $13.1M | +7,000,000 |
| United States Treasury Note…United States Treasury Note/Bond US Government Note/Bond | principal | 12,000,000 | $12.1M | +4,000,000 |
| United States Treasury Note…United States Treasury Note/Bond US Government Note/Bond | principal | 12,000,000 | $12M | +4,000,000 |
| US TREASU NT 4.625 02/26UST…US TREASU NT 4.625 02/26UST NOTE … NOT | principal | 12,000,000 | $12M | +6,000,000 |
| US TREASUR NT 3.5 09/26UST …US TREASUR NT 3.5 09/26UST NOTE D… TREASURY | principal | 12,000,000 | $12M | +4,000,000 |
| UNITED STATES TREAS NTS 4.2…UNITED STATES TREAS NTS 4.250 12/… US Treasury | principal | 11,500,000 | $11.6M | +9,500,000 |
| US TREASU NT 4.125 09/27UST…US TREASU NT 4.125 09/27UST NOTE … TREASURY | principal | 9,500,000 | $9.6M | +1,500,000 |
| United States Treasury Note…United States Treasury Note/Bond US Government Note/Bond | principal | 9,500,000 | $9.47M | +1,500,000 |
| United States Treasury Note…United States Treasury Note/Bond US Government Note/Bond | principal | 9,500,000 | $9.38M | +1,000,000 |
| United States Treasury Note…United States Treasury Note/Bond US Government Note/Bond | principal | 9,000,000 | $9.07M | +1,000,000 |
| United States Treasury Note…United States Treasury Note/Bond US Government Note/Bond | principal | 8,000,000 | $8.23M | new |
| United States Treasury Note…United States Treasury Note/Bond US Government Note/Bond | principal | 8,000,000 | $8.1M | new |
| United States Treasury Note…United States Treasury Note/Bond US Government Note/Bond | principal | 8,000,000 | $8.05M | new |
| United States Treasury Note…United States Treasury Note/Bond US Government Note/Bond | principal | 8,000,000 | $8.02M | new |
| KKR Apple Bidco T/L (02/25)KKR Apple Bidco T/L (02/25) Bank Loan | principal | 6,931,837 | $6.98M | -17,460 |
| Quikrete Holdings T/L B1 (2…Quikrete Holdings T/L B1 (2/25) Bank Loan | principal | 6,874,883 | $6.9M | -17,317 |
| Allied Universal (Universal…Allied Universal (Universal Servi… Bank Loan | principal | 6,250,000 | $6.29M | 0 |
| UKG IncUKG Inc Bank Loan | principal | 5,945,000 | $5.96M | 0 |
| HUB International T/L B (1/…HUB International T/L B (1/25) Bank Loan | principal | 5,671,304 | $5.71M | -4,957 |
| Applied Systems IncApplied Systems Inc Bank Loan | principal | 5,451,425 | $5.49M | -13,663 |
| SPX Flow 7/25 T/L Cov-LiteSPX Flow 7/25 T/L Cov-Lite Bank Loan | principal | 5,272,617 | $5.29M | 0 |
| Graham Packaging T/L B (07/…Graham Packaging T/L B (07/24) - … Bank Loan | principal | 5,146,301 | $5.17M | 0 |
| CQP Holdco T/L (12/24) - Ta…CQP Holdco T/L (12/24) - Target Bank Loan | principal | 5,128,029 | $5.15M | -12,885 |
| 1011778 BC ULC1011778 BC ULC Bank Loan | principal | 5,028,507 | $5.04M | -237,253 |
| Rad CLO 12 LtdRad CLO 12 Ltd Collateralized Loan Obligation CLO | principal | 5,000,000 | $5.02M | 0 |
| Ares XLIII CLO LtdAres XLIII CLO Ltd Collateralized Loan Obligation CLO | principal | 5,000,000 | $5.02M | 0 |
| Neuberger Berman Loan Advis…Neuberger Berman Loan Advisers CL… Collateralized Loan Obligation CLO | principal | 5,000,000 | $5.02M | 0 |
| Voya CLO 2020-2 LtdVoya CLO 2020-2 Ltd Collateralized Loan Obligation CLO | principal | 5,000,000 | $5.02M | 0 |
| Bleriot US Bidco IncBleriot US Bidco Inc Bank Loan | principal | 4,987,406 | $5.02M | 0 |
| FCG Acquisitions (Flow Cont…FCG Acquisitions (Flow Control Gr… Bank Loan | principal | 4,986,985 | $5.01M | 0 |
| BCPE Pequod Buyer T/L B (09…BCPE Pequod Buyer T/L B (09/24) Bank Loan | principal | 4,992,500 | $5.01M | 0 |
| Benefit Street Partners CLO…Benefit Street Partners CLO Ltd Collateralized Loan Obligation CLO | principal | 5,000,000 | $5M | 0 |
| Great Outdoors (Bass Pro Sh…Great Outdoors (Bass Pro Shops) T… Bank Loan | principal | 4,962,500 | $5M | -12,500 |
| Polaris Newco LLCPolaris Newco LLC Bank Loan | principal | 5,164,859 | $4.99M | -13,450 |
| Fertitta Entertainment LLC/…Fertitta Entertainment LLC/NV Bank Loan | principal | 4,961,440 | $4.97M | -12,853 |
| Asplundh Tree Expert LLCAsplundh Tree Expert LLC Bank Loan | principal | 4,935,965 | $4.96M | -12,509 |
| Chariot Buyer (Chamberlain)…Chariot Buyer (Chamberlain) T/L B Bank Loan | principal | 4,946,694 | $4.96M | -12,398 |
| Wec US Holdings LtdWec US Holdings Ltd Bank Loan | principal | 4,939,975 | $4.95M | -12,506 |
| TRAVERSE MIDSTREAM PARTNERS…TRAVERSE MIDSTREAM PARTNERS T/L B Bank Loan | principal | 4,934,823 | $4.95M | -143,451 |
| Whatabrands/Whataburger (12…Whatabrands/Whataburger (12/24) T… Bank Loan | principal | 4,927,662 | $4.95M | -12,412 |
| Madison IAQ LLCMadison IAQ LLC Bank Loan | principal | 4,916,257 | $4.95M | -12,802 |
| CoreLogic IncCoreLogic Inc Bank Loan | principal | 4,923,180 | $4.93M | -12,821 |
| Barnes Group T/L BBarnes Group T/L B Bank Loan | principal | 4,852,042 | $4.87M | -467,626 |
| Tempo Acquisition/Alight So…Tempo Acquisition/Alight Solution… Bank Loan | principal | 5,014,447 | $4.83M | -12,631 |
| AthenaHealth Group IncAthenaHealth Group Inc Bank Loan | principal | 4,767,634 | $4.78M | -11,979 |
| Medline Borrower T/L (3/24)Medline Borrower T/L (3/24) Bank Loan | principal | 4,739,082 | $4.76M | -11,878 |
| ABRA Auto Body/Caliber Coll…ABRA Auto Body/Caliber Collision … Bank Loan | principal | 4,730,654 | $4.74M | -58,650 |
| Apex Group Treasury T/L B (…Apex Group Treasury T/L B (2/25) Bank Loan | principal | 4,987,469 | $4.71M | -12,531 |
| Dynasty Acquisition T/L B-1…Dynasty Acquisition T/L B-1 (10/2… Bank Loan | principal | 4,673,572 | $4.7M | -11,772 |
| SeaWorld Parks & Entertainm…SeaWorld Parks & Entertainment T/… Bank Loan | principal | 4,650,095 | $4.63M | -11,742 |
| Savor Acquisition (Sauer Br…Savor Acquisition (Sauer Brands) … Bank Loan | principal | 4,557,543 | $4.58M | -11,423 |
| TK Elevator Midco (ThyssenK…TK Elevator Midco (ThyssenKrupp) … Bank Loan | principal | 4,450,234 | $4.48M | -11,153 |
| Clark Equipment (Doosan Bob…Clark Equipment (Doosan Bobcat/Do… Bank Loan | principal | 4,437,637 | $4.46M | -11,234 |
| Epicor Software CorpEpicor Software Corp Bank Loan | principal | 4,391,294 | $4.41M | -11,089 |
| Motion Finco SarlMotion Finco Sarl Bank Loan | principal | 4,957,644 | $4.41M | -12,425 |
| Emrld Borrower LPEmrld Borrower LP Bank Loan | principal | 4,272,952 | $4.29M | -10,709 |
| Titan Acquisition Ltd/CanadaTitan Acquisition Ltd/Canada Bank Loan | principal | 4,187,592 | $4.22M | 0 |
| Acrisure T/L B6 (12/24)Acrisure T/L B6 (12/24) Bank Loan | principal | 4,217,517 | $4.22M | -10,624 |
| Alterra Mountain (Intrawest…Alterra Mountain (Intrawest) T/L … Bank Loan | principal | 4,000,000 | $4.02M | 0 |
| Golub Capital Partners CLO …Golub Capital Partners CLO 66B Ltd Collateralized Loan Obligation CLO | principal | 4,000,000 | $4.02M | 0 |
| BAUSCH AND LOMB 9/23 INCREM…BAUSCH AND LOMB 9/23 INCREMENTAL … Bank Loan | principal | 3,991,175 | $4M | -10,181 |
| TransDigm IncTransDigm Inc Bank Loan | principal | 3,954,962 | $3.97M | -10,013 |
| Roper Technologies/Indicor …Roper Technologies/Indicor (12/24… Bank Loan | principal | 3,941,524 | $3.97M | -9,929 |
| Turquoise Topco T/L BTurquoise Topco T/L B Bank Loan | principal | 4,000,000 | $3.96M | 0 |
| Twitter Tranche B-1 (10/22 …Twitter Tranche B-1 (10/22 ) T/L Bank Loan | principal | 3,989,744 | $3.93M | -10,256 |
| Cube Industrials (10/25) T/…Cube Industrials (10/25) T/L - Ta… Bank Loan | principal | 3,880,500 | $3.91M | new |
| Cedar Fair LPCedar Fair LP Bank Loan | principal | 3,945,000 | $3.91M | -9,988 |
| Filtration Group 7/25 TLFiltration Group 7/25 TL Bank Loan | principal | 3,793,842 | $3.82M | -167,677 |
| Chart Industries T/L BChart Industries T/L B Bank Loan | principal | 3,791,653 | $3.81M | -269,676 |
| Golden State Foods T/LGolden State Foods T/L Bank Loan | principal | 3,466,951 | $3.49M | -8,125 |
| Gates Global LLCGates Global LLC Bank Loan | principal | 3,459,261 | $3.47M | -10,864 |
| Crosby Worldwide (Kito Cros…Crosby Worldwide (Kito Crosby) T/… Bank Loan | principal | 3,450,063 | $3.47M | -8,734 |
| Core & Main(HD Supply Water…Core & Main(HD Supply Waterworks)… Bank Loan | principal | 3,437,769 | $3.45M | -8,681 |
| Central Parent IncCentral Parent Inc Bank Loan | principal | 3,960,006 | $3.37M | -10,000 |
| Venture Global LNG IncVenture Global LNG Inc Corporate Bond - Domestic | principal | 3,200,000 | $3.31M | +3,027,000 |
| Barclays PLCBarclays PLC Corporate Bond - Foreign US$ | principal | 3,000,000 | $3.21M | 0 |
| Avolon TLB Borrower 1 US LLCAvolon TLB Borrower 1 US LLC Bank Loan | principal | 3,115,514 | $3.14M | -7,848 |
| UBS Group AGUBS Group AG Corporate Bond - Foreign US$ | principal | 3,000,000 | $3.08M | 0 |
| Peterson Farms/PFI Lower Mi…Peterson Farms/PFI Lower Midco 10… Bank Loan | principal | 3,000,000 | $3.03M | new |
| OHA Credit Funding 11 LtdOHA Credit Funding 11 Ltd Collateralized Loan Obligation CLO | principal | 3,000,000 | $3.02M | 0 |
| Aimco CLO 11 LtdAimco CLO 11 Ltd Collateralized Loan Obligation CLO | principal | 3,000,000 | $3.02M | 0 |
| Magnetite XLVIII LtdMagnetite XLVIII Ltd Collateralized Loan Obligation CLO | principal | 3,000,000 | $3.02M | 0 |
| CIFC Funding 2014-II-R LtdCIFC Funding 2014-II-R Ltd Collateralized Loan Obligation CLO | principal | 3,000,000 | $3.01M | 0 |
| Benefit Street Partners CLO…Benefit Street Partners CLO XXIII… Collateralized Loan Obligation CLO | principal | 3,000,000 | $3.01M | 0 |
| Neuberger Berman Loan Advis…Neuberger Berman Loan Advisers Cl… Collateralized Loan Obligation CLO | principal | 3,000,000 | $3.01M | 0 |
| Elmwood CLO 24 LtdElmwood CLO 24 Ltd Collateralized Loan Obligation CLO | principal | 3,000,000 | $3.01M | 0 |
| Magnetite XVII LtdMagnetite XVII Ltd Collateralized Loan Obligation CLO | principal | 3,000,000 | $3M | 0 |
| Elmwood CLO V LtdElmwood CLO V Ltd Collateralized Loan Obligation CLO | principal | 3,000,000 | $3M | 0 |
| Magnetite XXVI LtdMagnetite XXVI Ltd Collateralized Loan Obligation CLO | principal | 3,000,000 | $3M | 0 |
| Twitter 2/25 Fixed T/LTwitter 2/25 Fixed T/L Bank Loan | principal | 3,000,000 | $3M | 0 |
| Magnetite XXVI LtdMagnetite XXVI Ltd Collateralized Loan Obligation CLO | principal | 3,000,000 | $2.99M | 0 |
| Action (3/25) B4B Cov-Lite …Action (3/25) B4B Cov-Lite T/L B Bank Loan | principal | 2,972,318 | $2.99M | -7,544 |
| Pikes Peak CLO 6Pikes Peak CLO 6 Collateralized Loan Obligation CLO | principal | 3,000,000 | $2.95M | 0 |
| Rivian Holdings LLC/Rivian …Rivian Holdings LLC/Rivian LLC/Ri… Corporate Bond - Domestic | principal | 3,000,000 | $2.95M | 0 |
| Caesars Entertainment IncCaesars Entertainment Inc Bank Loan | principal | 2,964,862 | $2.94M | -7,525 |
| Elmwood CLO 25 LtdElmwood CLO 25 Ltd Collateralized Loan Obligation CLO | principal | 2,930,000 | $2.94M | 0 |
| Proampac PG Borrower LLCProampac PG Borrower LLC Bank Loan | principal | 2,912,332 | $2.92M | -7,392 |
Sold out in Q4 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| HUNGARIAN FORINTHUNGARIAN FORINT | 2,567,512 | $7.73K | shares |
| PZZAPAPA JOHNS INTL INC | 100 | $4.82K | shares |
| SINGAPORE DOLLARSINGAPORE DOLLAR | 3,216 | $2.49K | shares |
| CABOCABLE ONE INC | 10 | $1.77K | shares |
| THRYTHRYV HLDGS INC | 134 | $1.62K | shares |
| JBSSSANFILIPPO JOHN B & SON INC | 20 | $1.29K | shares |
| USNAUSANA HEALTH SCIENCES INC | 38 | $1.05K | shares |
| SOUTH AFRICAN RANDSOUTH AFRICAN RAND | 15,667 | $907 | shares |
| Santos Brasil Participacoes…Santos Brasil Participacoes SA | 296 | $802 | shares |
| Wilson Sons SAWilson Sons SA | 152 | $521 | shares |
| NEW ZEALAND DOLLARNEW ZEALAND DOLLAR | 827 | $479 | shares |
| Sofina SASofina SA | 72 | $161 | principal |
| ABIOMED INCABIOMED INC | 64 | $0 | shares |
| SPY 09/30/2025 344.26 PSPY 09/30/2025 344.26 P | 233 | $0 | put |
| SPY 09/30/2025 545.07 PSPY 09/30/2025 545.07 P | 611 | $0 | put |
| SPY 09/30/2025 573.76 PSPY 09/30/2025 573.76 P | 233 | $0 | put |
| SPY 09/30/2025 573.82 PSPY 09/30/2025 573.82 P | 1,095 | $0 | put |
| Keppel DC REITKeppel DC REIT | 818,542 | $0 | principal |
How Q4 2025 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0000894189-26-003359 | superseded | 2026-02-04 | acceptance time not in the bulk data set | ||
| 13F-HR/A 0000894189-26-004242 | base | restatement | 2026-02-24 | acceptance time not in the bulk data set |