Tema ETF Trust | ||||||||
Tema Global Royalties ETF | ||||||||
Schedule of Investments | ||||||||
November 30, 2023 (Unaudited) | ||||||||
Investments | Number of Shares | Value | ||||||
COMMON STOCKS - 95.0% | ||||||||
Biotechnology - 2.4% | ||||||||
Genmab A/S*^ | 399 | $ | 125,899 | |||||
Entertainment - 9.0% | ||||||||
Universal Music Group N.V.^ | 8,130 | 214,511 | ||||||
Warner Music Group Corp., Class A | 7,917 | 262,132 | ||||||
476,643 | ||||||||
Metals & Mining - 36.7% | ||||||||
Altius Minerals Corp.*^ | 17,663 | 253,435 | ||||||
Deterra Royalties Ltd.^ | 71,463 | 234,207 | ||||||
Franco-Nevada Corp. - ADR^ | 1,911 | 214,223 | ||||||
Labrador Iron Ore Royalty Corp.*^ | 6,972 | 161,539 | ||||||
Osisko Gold Royalties Ltd.* | 11,974 | 175,425 | ||||||
Royal Gold, Inc. | 1,386 | 168,815 | ||||||
Sandstorm Gold Ltd. - ADR^ | 51,786 | 258,412 | ||||||
Triple Flag Precious Metals Corp. - ADR^ | 11,781 | 164,227 | ||||||
Wheaton Precious Metals Corp. - ADR^ | 6,363 | 311,151 | ||||||
1,941,434 | ||||||||
Oil, Gas & Consumable Fuels - 26.3% | ||||||||
Black Stone Minerals LP | 8,904 | 156,265 | ||||||
Freehold Royalties Ltd.*^ | 14,574 | 149,612 | ||||||
Kimbell Royalty Partners LP | 10,500 | 161,490 | ||||||
Permian Basin Royalty Trust | 8,799 | 148,263 | ||||||
PrairieSky Royalty Ltd.* | 13,461 | 247,307 | ||||||
Sitio Royalties Corp., Class A | 6,531 | 143,878 | ||||||
Texas Pacific Land Corp. | 147 | 245,777 | ||||||
Topaz Energy Corp.*^ | 9,618 | 137,932 | ||||||
1,390,524 | ||||||||
Pharmaceuticals - 6.8% | ||||||||
Ligand Pharmaceuticals, Inc.* | 2,226 | 129,798 | ||||||
Royalty Pharma plc, Class A - ADR^ | 8,589 | 232,504 | ||||||
362,302 | ||||||||
Semiconductors & Semiconductor Equipment - 3.4% | ||||||||
Qualcomm, Inc. | 1,408 | 181,702 | ||||||
Software - 10.4% | ||||||||
Dolby Laboratories, Inc., Class A | 2,709 | 233,326 | ||||||
InterDigital, Inc. | 3,192 | 318,945 | ||||||
552,271 | ||||||||
TOTAL COMMON STOCKS (Cost $5,065,355) | 5,030,775 | |||||||
SHORT-TERMS INVESTMENTS - 4.9% | ||||||||
Money Market Fund | ||||||||
First American Treausry Obligations Fund - Class X, 5.277% (a) | 258,334 | 258,334 | ||||||
TOTAL SHORT-TERMS INVESTMENTS (Cost $258,334) | 258,334 | |||||||
TOTAL INVESTMENTS (Cost $5,323,689) - 99.9% | 5,289,109 | |||||||
OTHER ASSETS LESS LIABILITIES - 0.1% | 7,889 | |||||||
NET ASSETS - 100.0% | $ | 5,296,998 |
* Non-income producing security. | |||||
^ Foreign security. | |||||
(a) 7-day net yield. | |||||
ADR - American Depositary Receipt | |||||
plc - Public Limited Company | |||||
The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of MSCI, Inc. and Standard & Poor Financial Services LLC (“S&P”). GICS is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. |
Tema Global Royalties ETF | ||
November 30, 2023 (Unaudited) | ||
ALLOCATION BY SECTOR | ||
Sector | Percentage of Total Net Assets | |
Materials | 36.7% | |
Energy | 26.3% | |
Information Technology | 13.8% | |
Health Care | 9.2% | |
Communication Services | 9.0% | |
Money Market Fund and Other Assets and Liabilities | 5.0% | |
Total | 100.0% |
ALLOCATION BY COUNTRY | ||
Country | Percentage of Total Net Assets | |
United States | 49.9% | |
Canada | 39.1% | |
Australia | 4.4% | |
Netherlands | 4.1% | |
Denmark | 2.4% | |
Other(1) | 0.1% | |
Total | 100.0% | |
(1) Includes cash and net other assets (liabilities). |
Tema ETF Trust | ||||||||
Tema Global Royalties ETF | ||||||||
Notes to Quarterly Schedule of Investments | ||||||||
November 30, 2023 (Unaudited) | ||||||||
Investment Valuation | ||||||||
The Fund discloses the fair value of their investments in a hierarchy that distinguishes between: (1) market participant assumptions developed based on market data obtained from sources independent of the Fund's (observable inputs) and (2) the Fund's’ own assumptions about market participant assumptions developed based on the best information available under the circumstances (unobservable inputs). The three levels defined by the hierarchy are as follows: | ||||||||
• Level 1 — Quoted prices in active markets for identical assets that the Fund's have the ability to access. | ||||||||
• Level 2 — Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). | ||||||||
• Level 3 — Significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments). | ||||||||
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. | ||||||||
The following is a summary of the inputs used to value the Fund's investments as of November 30, 2023: |
Tema Global Royalties ETF | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Investments | ||||||||||||||||
Common Stocks * | $ | 5,030,775 | $ | - | $ | - | $ | 5,030,775 | ||||||||
Money Market Fund | 258,334 | - | - | 258,334 | ||||||||||||
Total Investments | $ | 5,289,109 | $ | - | $ | - | $ | 5,289,109 | ||||||||
* See Schedule of Investments for segregation by industry. |