SCHEDULE 13G/A: Pacer Funds and Affiliates Disclose 1.25% Passive Stake in DXC Technology Company
Beneficial Ownership Statement (Schedule 13G Amendment)
Pacer Funds Trust, Pacer Advisors, Inc., and Joe M. Thomson have jointly filed an amended Schedule 13G, reporting a combined beneficial ownership of 1.25% of DXC Technology Company's common stock as of March 31, 2025.
Summary
- Pacer US Cash Cows 100 ETF, Pacer US Small Cap Cash Cows ETF, Pacer Data and Digital Revolution ETF (collectively, the Funds), Pacer Advisors, Inc. (the Adviser), and Joe M. Thomson (collectively, the Reporting Persons) have filed an Amendment No. 1 to Schedule 13G.
- The filing reports beneficial ownership of common stock in DXC Technology Company (the Issuer).
- The aggregate amount beneficially owned by the Reporting Persons is 2,333,275 shares of DXC Technology Company common stock.
- This represents 1.25% of the class of common stock outstanding.
- The percentage is calculated based on 186,609,810 shares of common stock issued and outstanding as of December 31, 2024, as provided by the Issuer.
- The Reporting Persons hold shared voting power and shared dispositive power over all 2,333,275 shares.
- The securities 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 standard regulatory filing (Schedule 13G) disclosing passive beneficial ownership. It contains no performance data, strategic updates, or forward-looking statements that would indicate a positive or negative sentiment. It is purely informational and compliance-driven.
Future Outlook
The document does not provide any forward-looking statements or guidance regarding DXC Technology Company's future performance or strategic direction. It is a disclosure of beneficial ownership by passive investors.
Industry Context
This filing is a routine disclosure of beneficial ownership by institutional investors (Pacer Funds and their adviser) in DXC Technology Company. It does not provide insights into broader industry trends or competitive positioning, but rather reflects an investment decision by a specific fund group.
Stakeholder Impact
- Shareholders: The filing indicates a passive investment by Pacer Funds, which does not suggest any intent to influence management or corporate control. This is a routine disclosure for existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 2024-12-31 | Date as of which 186,609,810 shares of common stock were issued and outstanding, used for percentage calculation. |
| 2025-03-31 | Date of event which requires the filing of this statement. |
| 2025-05-02 | Date of filing of the Schedule 13G Amendment and the Joint Filing Agreement. |
Keywords
DXC Technology Company, Pacer Funds, Pacer Advisors, Joe M. Thomson, Schedule 13G, Beneficial Ownership, Common Stock, Investment Funds, Passive Investment
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