Pacer Advisors Reduces Stake in Seagate Technology by 13.2%

Pacer Advisors Inc. trimmed its holding in Seagate Technology Holdings PLC during the first quarter, selling 7,205 shares. After the sale the firm owned 47,290 shares, representing a 13.2% reduction and a market value of about $18.5 million at quarter‑end.

The filing, disclosed in a Form 13F with the U.S. SEC, shows Pacer Advisors' stake fell from roughly 60,500 shares to the current level, while institutional ownership of Seagate overall remains high at about 92.9% of the company's stock.