SCHEDULE 13G: Pacer Entities Disclose Significant Stake in ScanSource, Inc.
Beneficial Ownership Disclosure
Pacer US Small Cap Cash Cows ETF, along with Pacer Advisors, Inc. and Joe M. Thomson, has disclosed a beneficial ownership of 8.43% in ScanSource, Inc. as of December 31, 2024.
Summary
- Pacer US Small Cap Cash Cows ETF, Pacer Advisors, Inc., and Joe M. Thomson collectively reported beneficial ownership of 1,990,149 shares of ScanSource, Inc. Common Stock.
- This ownership represents 8.43% of ScanSource, Inc.'s outstanding common stock.
- The percentage is calculated based on 23,612,543 shares of common stock issued and outstanding as of December 31, 2024.
- The reporting persons share both voting and dispositive power over all 1,990,149 shares.
- The filing states that 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 ScanSource, Inc.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply disclosing beneficial ownership. It contains no positive or negative financial or operational news.
Industry Context
This filing is a routine disclosure of beneficial ownership by an institutional investor, indicating a significant but passive stake in ScanSource, Inc. It does not provide insights into broader industry trends or competitive landscape beyond the ownership structure.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional holdings, confirming a substantial stake by Pacer entities.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires the filing of this statement (beneficial ownership calculation date). |
| 05/02/2025 | Date of filing of the Schedule 13G statement. |
Keywords
ScanSource, Pacer US Small Cap Cash Cows ETF, Pacer Advisors, Joe M. Thomson, Beneficial Ownership, SEC Filing, Schedule 13G, Common Stock, Institutional Investor
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