SCHEDULE 13G: Pacer Funds and Affiliates Disclose Significant Passive Stake in Premier, Inc.

Pacer Funds Trust, along with its investment adviser Pacer Advisors, Inc., and Joe M. Thomson, have disclosed a collective beneficial ownership of 5.84% in Premier, Inc.'s Class A Common Stock as of December 31, 2024.

Summary

• The filing identifies Pacer US Small Cap Cash Cows ETF, Pacer US Cash Cows 100 ETF, Pacer US Small Cap Cash Cows Growth Leaders ETF (collectively, "the Funds"), Pacer Advisors, Inc. (the "Adviser"), and Joe M. Thomson as the reporting persons.
• The issuer is Premier, Inc., with the reported security being its Class A Common Stock, Par Value $0.01 Per Share (CUSIP: 74051N102).
• As of December 31, 2024, the reporting persons collectively beneficially own 5,355,220 shares of Premier, Inc.'s Class A Common Stock, representing 5.84% of the class.
• Individually, Pacer US Small Cap Cash Cows ETF holds 3,134,098 shares (3.42%), Pacer US Cash Cows 100 ETF holds 2,211,255 shares (2.41%), and Pacer US Small Cap Cash Cows Growth Leaders ETF holds 9,867 shares (0.01%).
• Pacer Advisors, Inc. and Joe M. Thomson share voting and dispositive power over the aggregate 5,355,220 shares held by the Funds.
• The ownership percentage is calculated based on 91,675,524 shares of Class A Common Stock issued and outstanding as of December 31, 2024, as provided by the Issuer.
• The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Premier, Inc.

Sentiment

Score: 5

Explanation: The document is a routine Schedule 13G filing disclosing beneficial ownership, which is a neutral, factual report without positive or negative implications for the issuer's performance or outlook.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding Premier, Inc.'s future performance or strategic direction.

Industry Context

This document is a routine regulatory filing disclosing a passive beneficial ownership stake by institutional investors. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: Disclosure of a significant institutional ownership stake provides transparency regarding the company's ownership structure.

Key Dates

Keywords

Premier Inc, Class A Common Stock, Pacer US Small Cap Cash Cows ETF, Pacer US Cash Cows 100 ETF, Pacer US Small Cap Cash Cows Growth Leaders ETF, Pacer Advisors Inc, Joe M Thomson, Schedule 13G, Beneficial Ownership, Institutional Ownership, SEC Filing