SCHEDULE 13G: Pacer Entities Disclose 5.66% Passive Stake in Par Pacific Holdings

Pacer US Small Cap Cash Cows ETF, Pacer Advisors, Inc., and Joe M. Thomson have jointly disclosed a passive 5.66% beneficial ownership stake in Par Pacific Holdings, Inc. as of December 31, 2024.

Summary

• Pacer US Small Cap Cash Cows ETF, Pacer Advisors, Inc., and Joe M. Thomson (collectively, the "Reporting Persons") have filed a Schedule 13G disclosing beneficial ownership of common stock in Par Pacific Holdings, Inc.
• As of December 31, 2024, the Reporting Persons collectively beneficially own 3,127,966 shares of Par Pacific Holdings, Inc. common stock.
• This ownership represents 5.66% of the issuer's outstanding common stock, based on 55,265,421 shares issued and outstanding as of December 31, 2024.
• The shares are held for investment purposes in the ordinary course of business and not with the intent to change or influence control of the issuer.
• The Pacer US Small Cap Cash Cows ETF holds the shares directly, while Pacer Advisors, Inc. serves as its investment adviser with discretionary investment and voting authority. Joe M. Thomson is the majority stockholder of Pacer Advisors, Inc.

Sentiment

Score: 5

Explanation: The document is a routine Schedule 13G filing, indicating a passive ownership stake. It does not contain information that would significantly alter the sentiment towards the company, as it's a standard disclosure of an institutional investment.

Positives

• The disclosure indicates a significant institutional investor, Pacer US Small Cap Cash Cows ETF, holds a 5.66% stake in Par Pacific Holdings, Inc., which can be interpreted as a vote of confidence in the company.
• The filing explicitly states the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control, indicating a passive, long-term investment approach.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional holder (Pacer US Small Cap Cash Cows ETF) holding a 5.66% stake may be viewed positively, potentially signaling institutional confidence and contributing to market liquidity.

Key Dates

Keywords

Par Pacific Holdings, Pacer US Small Cap Cash Cows ETF, Pacer Advisors, Joe M. Thomson, Schedule 13G, beneficial ownership, institutional investor, common stock, equity stake, passive investment