Tema ETFs LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Tema ETFs LLC reported 147 stock positions worth $334.7 million. Its top holding was Applied Industrial Tech (AIT) at 3.3% of the portfolio, followed by Rockwell Automation (ROK, 3.3%) and Timken (TKR, 3.2%). Compared with Q4 2024, it opened 26 new positions, sold out of 27, added to 81 and reduced 34. The biggest buy was a new position in Bristol-Myers Squibb (BMY) and the biggest sale an exit from Primoris Services (PRIM).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0002056807
Portfolio Value
$334.7M (Q1 2025)
SEC Filing
0001172661-25-001847 ↗ filed May 14, 2025

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q4 2024: $240.9M Q4 2024 Q1 2025: $334.7M $334.7M Q1 2025 Q2 2025: $376.6M Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $1.3B Q4 2025 Q1 2026: $1.5B Q1 2026 Q2 2026: $3.1B Q2 2026

Holdings 147 stocks · $334.7M
AIT Applied Industrial Tech Inc. 3.25% 48,329 $10.9M Add +42.4%
ROK Rockwell Automation Inc. 3.25% 42,127 $10.9M Add +32.0%
TKR Timken Co. 3.21% 149,531 $10.7M Add +71.7%
LLY Eli Lilly & Co. 2.99% 12,138 $10.0M Add +70.0%
FAST Fastenal Co. 2.89% 124,582 $9.7M Add +49.7%
VMC Vulcan Materials Co. 2.84% 40,810 $9.5M Add +72.3%
PH Parker Hannifin Corp. 2.66% 14,652 $8.9M Add +69.9%
APG Api Group Corp. 2.57% 240,400 $8.6M Add +86.0%
IR Ingersoll-Rand Inc. 2.44% 102,189 $8.2M Add +49.7%
CLH Clean Harbors Inc. 2.39% 40,658 $8.0M Add +41.7%
HRI Herc Holdings Inc. filed as HERC HLDGS INC 2.39% 59,479 $8.0M Add +165.9%
SPXC SPX Technologies Inc. 2.35% 61,048 $7.9M Add +49.7%
TEX Terex Corp. 2.33% 206,485 $7.8M Add +235.5%
CAT Caterpillar Inc. 1.97% 19,958 $6.6M Add +49.7%
ATI Ati Inc. 1.81% 116,226 $6.0M Add +49.7%
ATMU Atmus Filtration Technologie 1.68% 153,177 $5.6M Add +35.2%
BBIO Bridgebio Pharma Inc. 1.54% 149,117 $5.2M Add +5.0%
BMY Bristol-Myers Squibb Co. 1.37% 75,050 $4.6M New
GILD Gilead Sciences Inc. 1.29% 38,622 $4.3M Add +25.2%
VRTX Vertex Pharmaceuticals Inc. 1.22% 8,448 $4.1M Reduce -23.1%
WCC Wesco International Inc. 1.16% 24,991 $3.9M Add +2.8%
UNH Unitedhealth Group Inc. 1.09% 6,987 $3.7M New
NEE Nextera Energy Inc. 1.08% 50,839 $3.6M Add +835.9%
MRK Merck & Co. Inc. 1.05% 39,190 $3.5M Add +245.5%
RVMD Revolution Medicines Inc. 1.00% 94,578 $3.3M Add +107.8%
TMO Thermo Fisher Scientific Inc. 1.00% 6,719 $3.3M Add +165.2%
ITRI Itron Inc. 0.98% 31,226 $3.3M Add +556.0%
OGE Oge Energy Corp. 0.97% 70,820 $3.3M New
GE General Electric filed as GE AEROSPACE 0.95% 15,924 $3.2M Add +120.5%
V Visa Inc. Class A 0.94% 8,979 $3.1M Add +145.4%
GEV GE Vernova Inc. 0.93% 10,147 $3.1M Add +389.7%
AMGN Amgen Inc. 0.91% 9,734 $3.0M Reduce -12.9%
AEP American Electric Power 0.89% 27,375 $3.0M Add +663.8%
MCO Moody's Corp. 0.89% 6,411 $3.0M Add +145.5%
ETR Entergy Corp. 0.89% 34,896 $3.0M New
EMR Emerson Electric Co. 0.89% 27,200 $3.0M Reduce -26.4%
BELFB Bel Fuse Inc. Class B 0.86% 38,417 $2.9M Add +351.3%
ABBV Abbvie Inc. 0.85% 13,592 $2.8M New
TSM Taiwan Semiconductor-SP ADR 0.84% 17,023 $2.8M Add +49.7%
PNW Pinnacle West Capital 0.82% 28,702 $2.7M Add +653.7%
REGN Regeneron Pharmaceuticals 0.81% 4,300 $2.7M Reduce -26.5%
PWR Quanta Services Inc. 0.81% 10,619 $2.7M Add +412.5%
EXEL Exelixis Inc. 0.79% 71,496 $2.6M Add +45.1%
TXNM TXNM Energy Inc. 0.77% 48,155 $2.6M New
HUBB Hubbell Inc. 0.77% 7,749 $2.6M Add +412.5%
NUVL Nuvalent Inc. Class A 0.72% 33,794 $2.4M Add +190.9%
SPGI S&P Global Inc. 0.71% 4,662 $2.4M Add +144.5%
ZLAB Zai Lab Ltd.-ADR 0.69% 64,262 $2.3M New
ABT Abbott Laboratories 0.69% 17,445 $2.3M New
NI Nisource Inc. 0.69% 57,687 $2.3M Add +412.5%
GFL GFL Environmental Inc.-Sub VT 0.67% 46,459 $2.2M New
HON Honeywell International Inc. 0.63% 9,906 $2.1M New
FICO Fair Isaac Corp. 0.62% 1,133 $2.1M Add +117.5%
PPL PPL Corp. 0.61% 56,421 $2.0M New
SHW The Sherwin-Williams Co. 0.60% 5,773 $2.0M Add +145.3%
GMAB Genmab A/S -SP ADR 0.60% 102,749 $2.0M Add +74.3%
XEL Xcel Energy Inc. 0.59% 28,077 $2.0M New
CRNX Crinetics Pharmaceuticals Inc. 0.59% 58,807 $2.0M Add +1.5%
APH Amphenol Corp. Class A 0.58% 29,561 $1.9M Add +412.5%
ONC Beone Medicines Ltd.-ADR filed as BEIGENE LTD 0.58% 7,083 $1.9M Add +13.3%
SMMT Summit Therapeutics Inc. 0.57% 98,111 $1.9M Add +268.3%
ICE Intercontinental Exchange Inc. 0.56% 10,825 $1.9M Add +45.7%
ACLX Arcellx Inc. 0.56% 28,450 $1.9M Add +281.0%
BPMC Blueprint Medicines Corp. 0.55% 20,972 $1.9M Reduce -6.7%
BSX Boston Scientific Corp. 0.55% 18,206 $1.8M Reduce -11.2%
LEGN Legend Biotech Corp.-ADR 0.53% 52,008 $1.8M Add +357.7%
POWL Powell Industries Inc. 0.53% 10,332 $1.8M Add +412.5%
ALNY Alnylam Pharmaceuticals Inc. 0.52% 6,475 $1.7M Reduce -60.3%
ARGX Argenx SE - ADR 0.52% 2,922 $1.7M Reduce -36.5%
CPRT Copart Inc. 0.51% 30,080 $1.7M Add +146.2%
CME Cme Group Inc. 0.51% 6,400 $1.7M Add +146.2%
INTU Intuit Inc. 0.50% 2,720 $1.7M Add +146.2%
MSCI MSCI Inc. 0.49% 2,901 $1.6M Add +143.6%
VRT Vertiv Holdings Co. Class A 0.49% 22,673 $1.6M Add +412.5%
MREO Mereo Biopharma Group PL-ADR 0.44% 654,666 $1.5M Reduce -26.5%
KLAC KLA Corp. 0.43% 2,102 $1.4M Add +142.4%
PFGC Performance Food Group Co. 0.39% 16,706 $1.3M New
CYTK Cytokinetics Inc. 0.39% 32,588 $1.3M Reduce -31.2%
LOW Lowe's Cos Inc. 0.37% 5,335 $1.2M Add +226.7%
JANX Janux Therapeutics Inc. 0.37% 45,937 $1.2M Add +779.5%
DHR Danaher Corp. 0.37% 5,964 $1.2M Reduce -13.2%
BWXT BWX Technologies Inc. 0.36% 12,186 $1.2M Add +275.2%
EW Edwards Lifesciences Corp. 0.36% 16,543 $1.2M Reduce -23.5%
CP Canadian Pacific Kansas City 0.36% 16,981 $1.2M Add +145.7%
DE Deere & Co. 0.34% 2,397 $1.1M Add +204.6%
TER Teradyne Inc. 0.34% 13,611 $1.1M Add +145.9%
LRCX Lam Research Corp. 0.33% 15,384 $1.1M Add +145.6%
PODD Insulet Corp. 0.32% 4,134 $1.1M Reduce -23.2%
MCK McKesson Corp. 0.32% 1,574 $1.1M New
DXCM Dexcom Inc. 0.31% 15,271 $1.0M Reduce -46.7%
WAT Waters Corp. 0.31% 2,816 $1.0M Add +103.6%
ASND Ascendis Pharma A/S 0.28% 6,106 $952K Reduce -67.9%
ADI Analog Devices Inc. 0.28% 4,664 $941K Add +144.3%
IDYA Ideaya Biosciences Inc. 0.28% 56,204 $921K Add +249.8%
CNI Canadian Natl Railway Co. 0.26% 8,994 $877K Add +144.8%
DCI Donaldson Co. Inc. 0.24% 11,848 $795K Add +145.9%
USFD US Foods Holding Corp. 0.23% 11,917 $780K New
IONS Ionis Pharmaceuticals Inc. 0.23% 25,141 $759K Reduce -55.8%
MASI Masimo Corp. 0.23% 4,543 $757K Reduce -52.6%
MDGL Madrigal Pharmaceuticals Inc. 0.23% 2,278 $755K Reduce -37.1%
IDXX Idexx Laboratories Inc. 0.22% 1,781 $748K Add +142.0%
DAWN Day One Biopharmaceuticals I 0.22% 91,123 $723K Add +6.3%
NRIX Nurix Therapeutics Inc. 0.21% 59,146 $703K Add +162.2%
CGON CG Oncology Inc. 0.21% 28,612 $701K Add +243.5%
INSM Insmed Inc. 0.21% 9,181 $700K Reduce -13.6%
TECH Bio-Techne Corp. 0.20% 11,252 $660K Add +89.9%
CBOE Cboe Global Markets Inc. 0.16% 2,375 $537K New
BDX Becton Dickinson and Co. 0.15% 2,252 $516K Add +144.3%
MIRM Mirum Pharmaceuticals Inc. 0.15% 11,432 $515K Reduce -72.8%
WST West Pharmaceutical Services 0.15% 2,269 $508K Reduce -28.6%
FTNT Fortinet Inc. 0.15% 5,222 $503K New
ALGN Align Technology Inc. 0.15% 3,059 $486K New
AKRO Akero Therapeutics Inc. 0.14% 11,778 $477K Reduce -63.4%
ELVN Enliven Therapeutics Inc. 0.14% 23,648 $465K New
VKTX Viking Therapeutics Inc. 0.14% 19,231 $464K Reduce -4.9%
IMCR Immunocore Holdings PLC-ADR 0.14% 15,428 $458K Add +37.8%
TEVA Teva Pharmaceutical-SP ADR 0.13% 28,861 $444K Add +12.5%
GH Guardant Health Inc. 0.13% 10,160 $433K Reduce -71.9%
NBIX Neurocrine Biosciences Inc. 0.13% 3,904 $432K Add +1.5%
COGT Cogent Biosciences Inc. 0.13% 71,563 $429K Add +37.8%
LNTH Lantheus Holdings Inc. 0.13% 4,329 $423K Reduce -45.6%
ZYME Zymeworks Inc. 0.12% 33,001 $393K New
GPCR Structure Therapeutics Inc. 0.12% 22,590 $391K Reduce -49.1%
ARWR Arrowhead Pharmaceuticals Inc. 0.11% 29,893 $381K Reduce -51.4%
REPL Replimune Group Inc. 0.11% 37,522 $366K New
BIIB Biogen Inc. 0.10% 2,501 $342K No change
SDGR Schrodinger Inc. 0.10% 16,457 $325K Reduce -52.7%
INCY Incyte Corp. 0.09% 5,042 $305K Reduce -83.4%
SYK Stryker Corp. 0.09% 798 $297K No change
CGEM Cullinan Therapeutics Inc. 0.09% 39,164 $296K Add +37.7%
ILMN Illumina Inc. 0.08% 3,513 $279K Reduce -75.3%
CPRX Catalyst Pharmaceuticals Inc. 0.08% 11,352 $275K No change
AXSM Axsome Therapeutics Inc. 0.08% 2,327 $271K New
ARVN Arvinas Inc. 0.08% 38,315 $269K Add +223.7%
SNDX Syndax Pharmaceuticals Inc. 0.08% 21,169 $260K New
RCKT Rocket Pharmaceuticals Inc. 0.07% 36,863 $246K Reduce -59.5%
RLAY Relay Therapeutics Inc. 0.07% 89,110 $233K Add +37.8%
ORIC Oric Pharmaceuticals Inc. 0.07% 40,934 $228K Reduce -10.0%
DNLI Denali Therapeutics Inc. 0.06% 15,174 $206K New
XENE Xenon Pharmaceuticals Inc. 0.06% 6,111 $205K No change
NTLA Intellia Therapeutics Inc. 0.06% 26,537 $189K Reduce -82.1%
ACAD Acadia Pharmaceuticals Inc. 0.05% 10,596 $176K No change
AUTL Autolus Therapeutics PLC 0.05% 110,428 $171K New
CELC Celcuity Inc. 0.05% 15,619 $158K New
RCUS Arcus Biosciences Inc. 0.04% 15,251 $120K Reduce -31.4%
TALK Talkspace Inc. 0.02% 27,834 $71K Add +5.7%
VYGR Voyager Therapeutics Inc. 0.02% 14,960 $51K No change

Portfolio Sells Q4 2024 → Q1 2025
PRIM Primoris Services Corp. Sold out 0.00% −2.96
FLR Fluor Corp. Sold out 0.00% −2.21
FSS Federal Signal Corp. Sold out 0.00% −2.12
ALNY Alnylam Pharmaceuticals Inc. Reduce -60.3% 0.52% −1.07
EMR Emerson Electric Co. Reduce -26.4% 0.89% −1.01
REGN Regeneron Pharmaceuticals Reduce -26.5% 0.81% −0.92
MREO Mereo Biopharma Group PL-ADR Reduce -26.5% 0.44% −0.85
ASND Ascendis Pharma A/S Reduce -67.9% 0.28% −0.80
INCY Incyte Corp. Reduce -83.4% 0.09% −0.78
ILMN Illumina Inc. Reduce -75.3% 0.08% −0.71
UNP Union Pacific Corp. Sold out 0.00% −0.70
NTLA Intellia Therapeutics Inc. Reduce -82.1% 0.06% −0.66
ARGX Argenx SE - ADR Reduce -36.5% 0.52% −0.66
DXCM Dexcom Inc. Reduce -46.7% 0.31% −0.61
VRTX Vertex Pharmaceuticals Inc. Reduce -23.1% 1.22% −0.61
IONS Ionis Pharmaceuticals Inc. Reduce -55.8% 0.23% −0.60
MIRM Mirum Pharmaceuticals Inc. Reduce -72.8% 0.15% −0.57
CYTK Cytokinetics Inc. Reduce -31.2% 0.39% −0.53
SWTX Springworks Therapeutics Inc. Sold out 0.00% −0.46
MLYS Mineralys Therapeutics Inc. Sold out 0.00% −0.46
MASI Masimo Corp. Reduce -52.6% 0.23% −0.43
RCKT Rocket Pharmaceuticals Inc. Reduce -59.5% 0.07% −0.40
GPCR Structure Therapeutics Inc. Reduce -49.1% 0.12% −0.38
ARWR Arrowhead Pharmaceuticals Inc. Reduce -51.4% 0.11% −0.37
AGIO Agios Pharmaceuticals Inc. Sold out 0.00% −0.35
EXAS Exact Sciences Corp. Sold out 0.00% −0.35
GH Guardant Health Inc. Reduce -71.9% 0.13% −0.33
NARI Inari Medical Inc. Sold out 0.00% −0.31
CLDX Celldex Therapeutics Inc. Sold out 0.00% −0.31
EW Edwards Lifesciences Corp. Reduce -23.5% 0.36% −0.31
AMGN Amgen Inc. Reduce -12.9% 0.91% −0.30
DHR Danaher Corp. Reduce -13.2% 0.37% −0.29
WST West Pharmaceutical Services Reduce -28.6% 0.15% −0.28
PODD Insulet Corp. Reduce -23.2% 0.32% −0.26
BPMC Blueprint Medicines Corp. Reduce -6.7% 0.55% −0.26
EFX Equifax Inc. Sold out 0.00% −0.25
SLNO Soleno Therapeutics Inc. Sold out 0.00% −0.25
MDGL Madrigal Pharmaceuticals Inc. Reduce -37.1% 0.23% −0.24
KROS Keros Therapeutics Inc. Sold out 0.00% −0.23
AKRO Akero Therapeutics Inc. Reduce -63.4% 0.14% −0.23
BNTX Biontech SE-ADR Sold out 0.00% −0.21
BSX Boston Scientific Corp. Reduce -11.2% 0.55% −0.21
VERV Verve Therapeutics Inc. Sold out 0.00% −0.21
VKTX Viking Therapeutics Inc. Reduce -4.9% 0.14% −0.20
TERN Terns Pharmaceuticals Inc. Sold out 0.00% −0.18
SDGR Schrodinger Inc. Reduce -52.7% 0.10% −0.18
EME Emcor Group Inc. Sold out 0.00% −0.18
LNTH Lantheus Holdings Inc. Reduce -45.6% 0.13% −0.17
AEIS Advanced Energy Industries Sold out 0.00% −0.17
MRNA Moderna Inc. Sold out 0.00% −0.16

Portfolio Buys Q4 2024 → Q1 2025
BMY Bristol-Myers Squibb Co. New 1.37% +1.37
TEX Terex Corp. Add +235.5% 2.33% +1.15
UNH Unitedhealth Group Inc. New 1.09% +1.09
OGE Oge Energy Corp. New 0.97% +0.97
NEE Nextera Energy Inc. Add +835.9% 1.08% +0.92
ETR Entergy Corp. New 0.89% +0.89
ABBV Abbvie Inc. New 0.85% +0.85
TXNM TXNM Energy Inc. New 0.77% +0.77
ITRI Itron Inc. Add +556.0% 0.98% +0.76
AEP American Electric Power Add +663.8% 0.89% +0.76
LLY Eli Lilly & Co. Add +70.0% 2.99% +0.71
ZLAB Zai Lab Ltd.-ADR New 0.69% +0.69
ABT Abbott Laboratories New 0.69% +0.69
PNW Pinnacle West Capital Add +653.7% 0.82% +0.68
GFL GFL Environmental Inc.-Sub VT New 0.67% +0.67
GEV GE Vernova Inc. Add +389.7% 0.93% +0.64
APG Api Group Corp. Add +86.0% 2.57% +0.64
TKR Timken Co. Add +71.7% 3.21% +0.63
HRI Herc Holdings Inc. Add +165.9% 2.39% +0.63
HON Honeywell International Inc. New 0.63% +0.63
PPL PPL Corp. New 0.61% +0.61
XEL Xcel Energy Inc. New 0.59% +0.59
MRK Merck & Co. Inc. Add +245.5% 1.05% +0.58
BELFB Bel Fuse Inc. Class B Add +351.3% 0.86% +0.57
PWR Quanta Services Inc. Add +412.5% 0.81% +0.53
NI Nisource Inc. Add +412.5% 0.69% +0.52
HUBB Hubbell Inc. Add +412.5% 0.77% +0.50
V Visa Inc. Class A Add +145.4% 0.94% +0.46
GE General Electric Add +120.5% 0.95% +0.45
TMO Thermo Fisher Scientific Inc. Add +165.2% 1.00% +0.45
APH Amphenol Corp. Class A Add +412.5% 0.58% +0.41
FAST Fastenal Co. Add +49.7% 2.89% +0.40
PFGC Performance Food Group Co. New 0.39% +0.39
PH Parker Hannifin Corp. Add +69.9% 2.66% +0.38
MCO Moody's Corp. Add +145.5% 0.89% +0.38
LEGN Legend Biotech Corp.-ADR Add +357.7% 0.53% +0.37
SMMT Summit Therapeutics Inc. Add +268.3% 0.57% +0.37
POWL Powell Industries Inc. Add +412.5% 0.53% +0.34
NUVL Nuvalent Inc. Class A Add +190.9% 0.72% +0.34
ACLX Arcellx Inc. Add +281.0% 0.56% +0.32
MCK McKesson Corp. New 0.32% +0.32
VMC Vulcan Materials Co. Add +72.3% 2.84% +0.32
SPGI S&P Global Inc. Add +144.5% 0.71% +0.31
VRT Vertiv Holdings Co. Class A Add +412.5% 0.49% +0.28
SHW The Sherwin-Williams Co. Add +145.3% 0.60% +0.27
CME Cme Group Inc. Add +146.2% 0.51% +0.26
JANX Janux Therapeutics Inc. Add +779.5% 0.37% +0.25
USFD US Foods Holding Corp. New 0.23% +0.23
CPRT Copart Inc. Add +146.2% 0.51% +0.22
INTU Intuit Inc. Add +146.2% 0.50% +0.21

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 583$3.1BRKLB, ECHO, ASTS, VSAT, POWL
Q1 2026 574$1.5BPOWL, NEE, NVDA, CAT, BELFB
Q4 2025 558$1.3BNVDA, POWL, AAPL, LLY, CAT
Q3 2025 512$1.2BNVDA, MSFT, AAPL, LLY, CAT
Q2 2025 165$376.6METN, LLY, ROK, CGNX, TKR
Q1 2025 147$334.7MAIT, ROK, TKR, LLY, FAST
Q4 2024 148$240.9MROK, AIT, PRIM, CLH, TKR