Pacer Advisors, Inc.'s Q3 2022 vs. Q4 2022 13F Holdings Comparison: Analysis of Top Holdings and Changes in Value

Pacer Advisors, Inc. is an investment firm that invests in the equity markets of the United States. They aim to manage client portfolios with a focus on risk-adjusted returns. In this blog post, we will be looking at their Q3 2022 vs. Q4 2022 13F holdings comparison.

The 13F filings are mandatory quarterly filings required by the Securities and Exchange Commission (SEC) that all registered investment advisors with over $100 million in assets under management must file. 13F filings are used to disclose holdings in publicly traded companies and are made publicly available.

The CSV provided by Pacer Advisors, Inc. summarizes the changes in holdings of their fund from Q3 2022 to Q4 2022. Let's take a deeper look at the top holdings and changes in value.

Top Holdings

In Q4 2022, the Pacer Advisors, Inc. fund had a total value of $1,906,140, which is a significant decrease from the Q3 2022 value of $2,446,910. This was mainly due to the decrease in the value of the United States Treas Bills from $1,302,903 to $130,290.

Looking at the individual holdings, the top 5 holdings in Q4 2022 were:

1. Lumen Technologies Inc. (LUMN) - This holding increased from 9,523,777 shares in Q3 2022 to 21,586,236 shares in Q4 2022. The value increased from $69,333 to $112,680.

2. Viadris Inc. (VTRS) - This holding increased from 9,337,933 shares in Q3 2022 to 12,242,360 in Q4 2022. The value increased from $79,559 to $136,257.

3. Hewlett Packard Inc. (HPQ) - This holding increased from 4,865,955 shares in Q3 2022 to 7,370,014 in Q4 2022. The value increased from $121,260 to $198,032.

4. United States Steel Corp. (X) - This holding increased from 4,535,741 shares in Q3 2022 to 4,849,519 in Q4 2022. The value increased from $82,188 to $121,480.

5. Cognizant Technology Solutions Corp. (CTSH) - This holding increased from 1,090,799 shares in Q3 2022 to 1,854,913 in Q4 2022. The value increased from $62,655 to $106,082.

Changes in Holdings

Looking at some of the significant changes in holdings, we see that the holding of EOG Resources Inc. (EOG) increased from 14,403 shares in Q3 2022 to 1,698,540 shares in Q4 2022. This represented an increase in value from $1,609 to $219,994, a staggering 13,572.8%.

Another significant change in holdings was with the holding of PayPal Holdings Inc. (PYPL). The holding increased from 160,307 shares in Q3 2022 to 2,907,835 shares in Q4 2022. This represented an increase in value from $13,798 to $207,096, an increase of 1,401%.

There were also increases in holdings for several other companies, including Diamondback Energy Inc. (FANG), Marathon Oil Corp. (MRO), and Coterra Energy Inc. (CTRA).

In contrast, several companies saw a decrease in holdings, such as American Tower Corp. (AMT), Equinix Inc. (EQIX), and Crown Castle International Corp. (CCI).

Conclusion

Overall, the changes in holdings for Pacer Advisors, Inc. from Q3 2022 to Q4 2022 showed an increase in holdings for several companies, with the top holdings being Lumen Technologies Inc., Viadris Inc., and Hewlett Packard Inc.

In contrast, several holdings experienced a decrease in value, such as United States Treas Bills, American Tower Corp., and Equinix Inc.

It's important to note that 13F filings are delayed and may not reflect the current holdings of the fund. Additionally, these filings only show the long positions of a fund, not any short positions or other investment strategies that may be employed.