SCHEDULE 13G: Pacer Funds and Affiliates Disclose 6.25% Stake in Crescent Energy Co

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 disclosed a beneficial ownership of 6.25% in Crescent Energy Co's common stock as of December 31, 2024.

Summary

• The filing reports beneficial ownership of Common Stock, Par Value $0.0001 Per Share, of Crescent Energy Co (CUSIP: 44952J104).
• The reporting persons are Pacer US Small Cap Cash Cows ETF, Pacer US Small Cap Cash Cows Growth Leaders ETF, Pacer Advisors, Inc., and Joe M. Thomson.
• As of December 31, 2024, the aggregate amount beneficially owned by the reporting persons is 11,697,783 shares.
• This represents 6.25% of Crescent Energy Co's common stock, calculated based on 187,070,725 shares outstanding as of December 31, 2024.
• All reporting persons hold shared voting power and shared dispositive power over the 11,697,783 shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 7

Explanation: The disclosure of a significant stake by an institutional investor like Pacer Advisors, Inc. is generally a positive signal, indicating confidence in the company's value or prospects, especially when stated to be for ordinary course of business and not for control purposes.

Positives

• A significant institutional investor, Pacer Advisors, Inc. and its associated ETFs, has disclosed a substantial stake of 6.25% in Crescent Energy Co, indicating confidence in the company's value or prospects.
• The filing explicitly states that the shares were acquired and are held in the ordinary course of business, suggesting a long-term investment perspective rather than an activist or control-oriented intent.

Future Outlook

NA

Industry Context

This disclosure indicates that Pacer, an investment advisor focused on specific investment strategies (e.g., "Cash Cows," "Growth Leaders"), sees Crescent Energy Co as fitting within its investment criteria. This could signal that Crescent Energy Co possesses characteristics valued by such funds, potentially related to its financial health or growth prospects within the energy sector.

Stakeholder Impact

• Shareholders may view the entry of a significant institutional investor as a positive indicator of the company's investment appeal, potentially leading to increased investor confidence and demand for the stock.

Key Dates

Recommendation

Keywords

Crescent Energy Co, Pacer US Small Cap Cash Cows ETF, Pacer US Small Cap Cash Cows Growth Leaders ETF, Pacer Advisors Inc, Joe M Thomson, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Investor, Equity Stake, Investment Disclosure