Pacer Advisors, Inc.

Pacer Advisors managed $38.80 billion across 3,680 positions at the end of Q1 2026, reflecting the systematic, high-turnover nature of its rules-based ETF strategies — 45 new positions and 45 exits in a single quarter. The largest holding is a Treasury-bill cash sleeve (maturing 06/25/26) at 4.8%, followed by an international value roster: Hannover Rueck (1.3%), EDP Renovaveis (1.2%), Equinor (1.2%) and Tenaris (1.2%). The quarter's rebalance rotated out of several large U.S. names — selling Nvidia (NVDA, -$554M), Newmont (NEM, -$472M), Exxon (XOM, -$470M) and Comcast (CMCSA) — in favor of European dividend and value exposure.