SCHEDULE 13G/A: Pacer Funds and Affiliates Disclose 1.21% Passive Stake in Crescent Energy Company

Pacer US Small Cap Cash Cows ETF, Pacer US Small Cap Cash Cows Growth Leaders ETF, Pacer Advisors, Inc., and Joe M. Thomson have jointly filed an amended Schedule 13G, disclosing a combined beneficial ownership of 1.21% of Crescent Energy Company's common stock as of March 31, 2025.

Summary

• Pacer US Small Cap Cash Cows ETF, Pacer US Small Cap Cash Cows Growth Leaders ETF, Pacer Advisors, Inc., and Joe M. Thomson (collectively, the Reporting Persons) have filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in Crescent Energy Company.
• As of March 31, 2025, the Reporting Persons collectively beneficially own 2,268,472 shares of Crescent Energy Company's Common Stock.
• This aggregate ownership represents 1.21% of the total 187,070,725 shares of common stock outstanding as of December 31, 2024, as reported by the Issuer.
• Pacer US Small Cap Cash Cows ETF holds 2,249,417 shares, representing 1.2% of the class.
• Pacer US Small Cap Cash Cows Growth Leaders ETF holds 19,055 shares, representing 0.01% of the class.
• Pacer Advisors, Inc. serves as the investment adviser to the Funds and maintains discretionary investment and voting authority over the 2,268,472 shares held by the Funds.
• Joe M. Thomson, as the majority stockholder of Pacer Advisors, Inc., is deemed a beneficial owner of the same 2,268,472 shares.
• The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently lead to a positive or negative sentiment regarding the company's performance or prospects.

Future Outlook

This document does not provide forward-looking statements or guidance.

Industry Context

This Schedule 13G filing indicates that investment funds managed by Pacer Advisors, Inc. have taken a passive stake in Crescent Energy Company. Such filings are standard disclosures for institutional investors holding more than 5% of a company's stock (or in this case, an amendment to a previous filing, or a group filing that crosses the threshold), signaling their investment position without intent to influence control. It reflects a typical portfolio allocation decision by an investment adviser for its funds.

Related Party Transactions

• The Reporting Persons (Pacer US Small Cap Cash Cows ETF, Pacer US Small Cap Cash Cows Growth Leaders ETF, Pacer Advisors, Inc., and Joe M. Thomson) have entered into a Joint Filing Agreement to file this Schedule 13G jointly, acknowledging their coordinated disclosure of beneficial ownership.

Stakeholder Impact

• Provides transparency to shareholders and the market regarding significant passive ownership stakes by institutional investors.
• Informs potential investors about the composition of the shareholder base.

Key Dates

Keywords

Crescent Energy Company, SEC Filing, Schedule 13G, Beneficial Ownership, Pacer US Small Cap Cash Cows ETF, Pacer US Small Cap Cash Cows Growth Leaders ETF, Pacer Advisors Inc, Joe M. Thomson, Common Stock, Investment Fund, Passive Investment