NPORT-EX 2 luxvconfidential.htm PART F
Tema ETF Trust
            
Tema Luxury ETF
            
Schedule of Investments
            
November 30, 2023 (Unaudited)
            
             
Investments
  
Number of Shares
    
Value
  
 COMMON STOCKS - 84.7%
            
 Automobiles - 10.1%
            
Bayerische Motoren Werke AG^
    
2,178
    
$
226,619
  
Ferrari N.V. - ADR^
    
759
      
272,451
  
Mercedes-Benz Group AG^
    
3,993
      
258,956
  
             
758,026
  
 Beverages - 13.0%
                
Davide Campari-Milano N.V.^
    
18,284
      
199,418
  
Kweichow Moutai Co., Ltd., Class A ^
    
900
      
226,108
  
Pernod Ricard S.A.^
    
1,918
      
331,010
  
Remy Cointreau S.A.^
    
1,832
      
217,858
  
             
974,394
  
 Health Care Equipment & Supplies - 1.4%
                
EssilorLuxottica S.A.^
    
563
      
107,317
  
 Hotels, Restaurants & Leisure - 11.3%
                
Hilton Worldwide Holdings, Inc.
    
1,584
      
265,352
  
Las Vegas Sands Corp.
    
2,277
      
105,015
  
Marriott International, Inc., Class A
    
1,386
      
280,942
  
MGM Resorts International
    
3,465
      
136,660
  
Wynn Resorts Ltd.
    
726
      
61,289
  
             
849,258
  
 Leisure Products - 3.8%
                
Sanlorenzo S.p.A./Ameglia^
    
6,600
      
285,926
  
 Personal Care Products - 11.7%
                
L'Occitane International S.A.^
    
61,250
      
152,903
  
L'Oreal S.A.^
    
1,551
      
727,722
  
             
880,625
  
 Specialty Retail - 1.4%
                
Chow Tai Fook Jewellery Group Ltd.^
    
69,003
      
100,175
  
 Textiles, Apparel & Luxury Goods - 32.0%
                
Brunello Cucinelli S.p.A.^
    
1,452
      
120,118
  
Burberry Group plc^
    
4,191
      
77,433
  
Capri Holdings Ltd. - ADR*^
    
3,119
      
151,084
  
Cie Financiere Richemont S.A.^
    
4,421
      
551,300
  
Hermes International SCA^
    
324
      
671,559
  
Hugo Boss AG^
    
660
      
46,150
  
LVMH Moet Hennessy Louis Vuitton SE^
    
841
      
643,268
  
Moncler S.p.A.^
    
640
      
35,445
  
Prada S.p.A.^
    
7,095
      
39,011
  
Ralph Lauren Corp.
    
528
      
68,313
  
             
2,403,681
  
TOTAL COMMON STOCKS (Cost $6,756,158)
            
6,359,402
  
                 
 PREFERRED STOCKS - 1.2%
                
 Automobiles - 1.2%
                
Dr. Ing. H.c. F. Porsche AG^ (a)
    
990
      
90,584
  
TOTAL PREFERRED STOCKS (Cost $120,768)
            
90,584
  
                 
SHORT-TERM INVESTMENTS - 14.0%
                
Money Market Funds
                
First American Treausry Obligations Fund - Class X, 5.277% (b)
    
1,051,661
      
1,051,661
  
TOTAL MONEY MARKET FUNDS (Cost $1,051,661)
            
1,051,661
  
                 
TOTAL INVESTMENTS (Cost $7,928,587)  - 99.9%
            
7,501,647
  
OTHER ASSETS LESS LIABILITIES - 0.1%
            
5,824
  
NET ASSETS - 100.0%
          
$
7,507,471
  

* Non-income producing security.
          
^ Foreign security.
          
(a) Securities purchased pursuant to Rule 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other “qualified institutional buyers.” These securities have been deemed to be liquid by the Fund’s adviser under the supervision of the Board of Trustees. As of November 30, 2023, the value of these investments was $90,584 or 1.2% of total net assets.
  
(b) 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 Luxury ETF
    
November 30, 2023 (Unaudited)
    
ALLOCATION BY SECTOR
  
     
Sector
Percentage of
Total Net Assets
  
Consumer Discretionary
59.8%
  
Consumer Staples
24.7%
  
Health Care
1.4%
  
Money Market Fund and Other Assets and Liabilities
14.1%
  
Total
100.0%
  
     
     
ALLOCATION BY COUNTRY
  
     
Country
Percentage of
Total Net Assets
  
France
36.0%
  
United States
26.2%
  
Germany
8.3%
  
Switzerland
7.4%
  
Italy
6.4%
  
Netherlands
6.3%
  
China
3.0%
  
Virgin Islands (British)
2.0%
  
Luxembourg
2.0%
  
Cayman Islands
1.3%
  
United Kingdom
1.0%
  
Other(1)
0.1%
  
Total
100.0%
  
     
(1) Includes cash and net other assets (liabilities).
    
Tema ETF Trust
      
Tema Luxury 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 Luxury ETF
  
Level 1
    
Level 2
    
Level 3
    
Total
  
Investments
                        
   Common Stocks *
  
$
6,359,402
    
$
-
    
$
-
    
$
6,359,402
  
   Preferred Stocks*
    
90,584
      
-
      
-
      
90,584
  
   Money Market Fund
    
1,051,661
      
-
      
-
      
1,051,661
  
Total Investments
  
$
7,501,647
    
$
-
    
$
-
    
$
7,501,647
  
                                 
* See Schedule of Investments for segregation by industry.