Tema ETFs LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Tema ETFs LLC reported 165 stock positions worth $376.6 million. Its top holding was Eaton (ETN) at 2.7% of the portfolio, followed by Eli Lilly (LLY, 2.4%) and Rockwell Automation (ROK, 2.4%). Compared with Q1 2025, it opened 29 new positions, sold out of 11, added to 67 and reduced 61. The biggest buy was a new position in Eaton (ETN) and the biggest sale Vulcan Materials (VMC, shares −49%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0002056807
- Portfolio Value
- $376.6M (Q2 2025)
- SEC Filing
- 0001172661-25-003219 ↗ filed Aug 13, 2025
Holdings Value
Holdings 165 stocks · $376.6M
| ETN Eaton Corp. PLC | 2.67% | 28,145 | $10.0M | New |
| LLY Eli Lilly & Co. | 2.44% | 11,784 | $9.2M | Reduce -2.9% |
| ROK Rockwell Automation Inc. | 2.42% | 27,434 | $9.1M | Reduce -34.9% |
| CGNX Cognex Corp. | 2.05% | 243,408 | $7.7M | New |
| TKR Timken Co. | 2.00% | 104,009 | $7.5M | Reduce -30.4% |
| APG Api Group Corp. | 1.96% | 144,369 | $7.4M | Reduce -40.0% |
| AIT Applied Industrial Tech Inc. | 1.94% | 31,355 | $7.3M | Reduce -35.1% |
| FAST Fastenal Co. | 1.87% | 167,938 | $7.1M | Reduce -32.6% |
| PH Parker Hannifin Corp. | 1.80% | 9,688 | $6.8M | Reduce -33.9% |
| SPXC SPX Technologies Inc. | 1.76% | 39,520 | $6.6M | Reduce -35.3% |
| IR Ingersoll-Rand Inc. | 1.75% | 79,409 | $6.6M | Reduce -22.3% |
| TEX Terex Corp. | 1.66% | 133,824 | $6.2M | Reduce -35.2% |
| ATI Ati Inc. | 1.62% | 70,654 | $6.1M | Reduce -39.2% |
| CRH CRH PLC | 1.50% | 61,346 | $5.6M | New |
| ITRI Itron Inc. | 1.47% | 42,026 | $5.5M | Add +34.6% |
| PWR Quanta Services Inc. | 1.44% | 14,328 | $5.4M | Add +34.9% |
| VMC Vulcan Materials Co. | 1.43% | 20,681 | $5.4M | Reduce -49.3% |
| BBIO Bridgebio Pharma Inc. | 1.42% | 123,587 | $5.3M | Reduce -17.1% |
| GEV GE Vernova Inc. | 1.40% | 9,955 | $5.3M | Reduce -1.9% |
| LIN Linde PLC | 1.38% | 11,109 | $5.2M | New |
| HRI Herc Holdings Inc. filed as HERC HLDGS INC | 1.35% | 38,572 | $5.1M | Reduce -35.1% |
| CLH Clean Harbors Inc. | 1.34% | 21,905 | $5.1M | Reduce -46.1% |
| BELFB Bel Fuse Inc. Class B | 1.34% | 51,717 | $5.1M | Add +34.6% |
| CAT Caterpillar Inc. | 1.33% | 12,950 | $5.0M | Reduce -35.1% |
| NEE Nextera Energy Inc. | 1.27% | 68,672 | $4.8M | Add +35.1% |
| ETR Entergy Corp. | 1.19% | 54,108 | $4.5M | Add +55.1% |
| HUBB Hubbell Inc. | 1.13% | 10,452 | $4.3M | Add +34.9% |
| OGE Oge Energy Corp. | 1.12% | 95,420 | $4.2M | Add +34.7% |
| APH Amphenol Corp. Class A | 1.05% | 39,935 | $3.9M | Add +35.1% |
| GILD Gilead Sciences Inc. | 1.05% | 35,528 | $3.9M | Reduce -8.0% |
| VRT Vertiv Holdings Co. Class A | 1.04% | 30,573 | $3.9M | Add +34.8% |
| AEP American Electric Power | 1.02% | 36,909 | $3.8M | Add +34.8% |
| JCI Johnson Controls Internation | 1.01% | 36,107 | $3.8M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.99% | 16,428 | $3.7M | Reduce -3.5% |
| AMGN Amgen Inc. | 0.96% | 12,977 | $3.6M | Add +33.3% |
| VRTX Vertex Pharmaceuticals Inc. | 0.95% | 8,068 | $3.6M | Reduce -4.5% |
| GE General Electric filed as GE AEROSPACE | 0.95% | 13,846 | $3.6M | Reduce -13.1% |
| BMY Bristol-Myers Squibb Co. | 0.94% | 76,241 | $3.5M | Add +1.6% |
| RVMD Revolution Medicines Inc. | 0.92% | 94,227 | $3.5M | Reduce -0.4% |
| PNW Pinnacle West Capital | 0.92% | 38,709 | $3.5M | Add +34.9% |
| V Visa Inc. Class A | 0.92% | 9,745 | $3.5M | Add +8.5% |
| EMR Emerson Electric Co. | 0.88% | 24,788 | $3.3M | Reduce -8.9% |
| NI Nisource Inc. | 0.83% | 77,817 | $3.1M | Add +34.9% |
| MRK Merck & Co. Inc. | 0.82% | 38,884 | $3.1M | Reduce -0.8% |
| BWXT BWX Technologies Inc. | 0.81% | 21,134 | $3.0M | Add +73.4% |
| INTU Intuit Inc. | 0.79% | 3,765 | $3.0M | Add +38.4% |
| EXEL Exelixis Inc. | 0.78% | 66,615 | $2.9M | Reduce -6.8% |
| POWL Powell Industries Inc. | 0.78% | 13,932 | $2.9M | Add +34.8% |
| REGN Regeneron Pharmaceuticals | 0.74% | 5,307 | $2.8M | Add +23.4% |
| ATMU Atmus Filtration Technologie | 0.74% | 76,485 | $2.8M | Reduce -50.1% |
| MRUS Merus NV | 0.72% | 51,215 | $2.7M | New |
| GMAB Genmab A/S -SP ADR | 0.71% | 130,217 | $2.7M | Add +26.7% |
| TMO Thermo Fisher Scientific Inc. | 0.70% | 6,473 | $2.6M | Reduce -3.7% |
| PPL PPL Corp. | 0.68% | 76,070 | $2.6M | Add +34.8% |
| XEL Xcel Energy Inc. | 0.68% | 37,813 | $2.6M | Add +34.7% |
| ABBV Abbvie Inc. | 0.66% | 13,366 | $2.5M | Reduce -1.7% |
| NUVL Nuvalent Inc. Class A | 0.64% | 31,762 | $2.4M | Reduce -6.0% |
| ABT Abbott Laboratories | 0.63% | 17,443 | $2.4M | Reduce -0.0% |
| HON Honeywell International Inc. | 0.61% | 9,899 | $2.3M | Reduce -0.1% |
| SMMT Summit Therapeutics Inc. | 0.60% | 106,943 | $2.3M | Add +9.0% |
| ACLX Arcellx Inc. | 0.59% | 33,869 | $2.2M | Add +19.1% |
| IDA Idacorp Inc. | 0.59% | 19,230 | $2.2M | New |
| ICE Intercontinental Exchange Inc. | 0.57% | 11,663 | $2.1M | Add +7.7% |
| BEP Brookfield Renewable Partner | 0.56% | 83,130 | $2.1M | New |
| ET Energy Transfer LP | 0.56% | 116,114 | $2.1M | New |
| NVT Nvent Electric PLC | 0.56% | 28,657 | $2.1M | New |
| ZLAB Zai Lab Ltd.-ADR | 0.55% | 58,835 | $2.1M | Reduce -8.4% |
| LEGN Legend Biotech Corp.-ADR | 0.53% | 56,688 | $2.0M | Add +9.0% |
| PFGC Performance Food Group Co. | 0.53% | 22,665 | $2.0M | Add +35.7% |
| MCO Moody's Corp. | 0.52% | 3,867 | $1.9M | Reduce -39.7% |
| UNH Unitedhealth Group Inc. | 0.51% | 6,132 | $1.9M | Reduce -12.2% |
| CME Cme Group Inc. | 0.51% | 6,902 | $1.9M | Add +7.8% |
| ONC Beone Medicines Ltd.-ADR | 0.50% | 7,707 | $1.9M | Add +8.8% |
| BSX Boston Scientific Corp. | 0.49% | 17,309 | $1.9M | Reduce -4.9% |
| MSCI MSCI Inc. | 0.48% | 3,122 | $1.8M | Add +7.6% |
| MDT Medtronic PLC | 0.48% | 20,568 | $1.8M | New |
| SPGI S&P Global Inc. | 0.48% | 3,398 | $1.8M | Reduce -27.1% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.46% | 5,301 | $1.7M | Reduce -18.1% |
| CRNX Crinetics Pharmaceuticals Inc. | 0.44% | 58,101 | $1.7M | Reduce -1.2% |
| SHW The Sherwin-Williams Co. | 0.44% | 4,845 | $1.7M | Reduce -16.1% |
| LRCX Lam Research Corp. | 0.42% | 16,332 | $1.6M | Add +6.2% |
| KLAC KLA Corp. | 0.42% | 1,757 | $1.6M | Reduce -16.4% |
| CPRT Copart Inc. | 0.40% | 31,029 | $1.5M | Add +3.1% |
| GFL GFL Environmental Inc.-Sub VT | 0.40% | 30,106 | $1.5M | Reduce -35.2% |
| ARGX Argenx SE - ADR | 0.40% | 2,753 | $1.5M | Reduce -5.8% |
| FICO Fair Isaac Corp. | 0.40% | 826 | $1.5M | Reduce -27.1% |
| AON Aon PLC Class A | 0.39% | 4,156 | $1.5M | New |
| IDYA Ideaya Biosciences Inc. | 0.39% | 69,694 | $1.5M | Add +24.0% |
| DE Deere & Co. | 0.35% | 2,580 | $1.3M | Add +7.6% |
| SNPS Synopsys Inc. | 0.32% | 2,386 | $1.2M | New |
| FTNT Fortinet Inc. | 0.32% | 11,363 | $1.2M | Add +117.6% |
| ALGN Align Technology Inc. | 0.32% | 6,341 | $1.2M | Add +107.3% |
| CGON CG Oncology Inc. | 0.32% | 46,081 | $1.2M | Add +61.0% |
| CNI Canadian Natl Railway Co. | 0.31% | 11,357 | $1.2M | Add +26.3% |
| CP Canadian Pacific Kansas City | 0.31% | 14,744 | $1.2M | Reduce -13.2% |
| JANX Janux Therapeutics Inc. | 0.31% | 50,065 | $1.2M | Add +9.0% |
| LOW Lowe's Cos Inc. | 0.31% | 5,200 | $1.2M | Reduce -2.5% |
| CBOE Cboe Global Markets Inc. | 0.31% | 4,946 | $1.2M | Add +108.3% |
| USFD US Foods Holding Corp. | 0.30% | 14,893 | $1.1M | Add +25.0% |
| PODD Insulet Corp. | 0.30% | 3,598 | $1.1M | Reduce -13.0% |
Portfolio Sells Q1 2025 → Q2 2025
| VMC Vulcan Materials Co. | Reduce -49.3% | 1.43% | −1.41 |
| AIT Applied Industrial Tech Inc. | Reduce -35.1% | 1.94% | −1.32 |
| TKR Timken Co. | Reduce -30.4% | 2.00% | −1.21 |
| WCC Wesco International Inc. | Sold out | 0.00% | −1.16 |
| CLH Clean Harbors Inc. | Reduce -46.1% | 1.34% | −1.05 |
| HRI Herc Holdings Inc. | Reduce -35.1% | 1.35% | −1.04 |
| FAST Fastenal Co. | Reduce -32.6% | 1.87% | −1.01 |
| ATMU Atmus Filtration Technologie | Reduce -50.1% | 0.74% | −0.94 |
| PH Parker Hannifin Corp. | Reduce -33.9% | 1.80% | −0.86 |
| ROK Rockwell Automation Inc. | Reduce -34.9% | 2.42% | −0.83 |
| TXNM TXNM Energy Inc. | Sold out | 0.00% | −0.77 |
| IR Ingersoll-Rand Inc. | Reduce -22.3% | 1.75% | −0.69 |
| TEX Terex Corp. | Reduce -35.2% | 1.66% | −0.67 |
| CAT Caterpillar Inc. | Reduce -35.1% | 1.33% | −0.63 |
| APG Api Group Corp. | Reduce -40.0% | 1.96% | −0.61 |
| SPXC SPX Technologies Inc. | Reduce -35.3% | 1.76% | −0.59 |
| UNH Unitedhealth Group Inc. | Reduce -12.2% | 0.51% | −0.59 |
| LLY Eli Lilly & Co. | Reduce -2.9% | 2.44% | −0.56 |
| BPMC Blueprint Medicines Corp. | Sold out | 0.00% | −0.55 |
| MCO Moody's Corp. | Reduce -39.7% | 0.52% | −0.38 |
| MREO Mereo Biopharma Group PL-ADR | Reduce -84.3% | 0.07% | −0.37 |
| TER Teradyne Inc. | Sold out | 0.00% | −0.34 |
| TMO Thermo Fisher Scientific Inc. | Reduce -3.7% | 0.70% | −0.30 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −0.28 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -4.5% | 0.95% | −0.27 |
| GFL GFL Environmental Inc.-Sub VT | Reduce -35.2% | 0.40% | −0.27 |
| GILD Gilead Sciences Inc. | Reduce -8.0% | 1.05% | −0.25 |
| DCI Donaldson Co. Inc. | Sold out | 0.00% | −0.24 |
| MRK Merck & Co. Inc. | Reduce -0.8% | 0.82% | −0.23 |
| SPGI S&P Global Inc. | Reduce -27.1% | 0.48% | −0.23 |
| FICO Fair Isaac Corp. | Reduce -27.1% | 0.40% | −0.22 |
| TECH Bio-Techne Corp. | Sold out | 0.00% | −0.20 |
| ABBV Abbvie Inc. | Reduce -1.7% | 0.66% | −0.19 |
| ATI Ati Inc. | Reduce -39.2% | 1.62% | −0.19 |
| CYTK Cytokinetics Inc. | Reduce -26.4% | 0.21% | −0.18 |
| SHW The Sherwin-Williams Co. | Reduce -16.1% | 0.44% | −0.16 |
| ZLAB Zai Lab Ltd.-ADR | Reduce -8.4% | 0.55% | −0.15 |
| CRNX Crinetics Pharmaceuticals Inc. | Reduce -1.2% | 0.44% | −0.15 |
| LNTH Lantheus Holdings Inc. | Sold out | 0.00% | −0.13 |
| BBIO Bridgebio Pharma Inc. | Reduce -17.1% | 1.42% | −0.12 |
| ARGX Argenx SE - ADR | Reduce -5.8% | 0.40% | −0.11 |
| ASND Ascendis Pharma A/S | Reduce -33.2% | 0.19% | −0.10 |
| DHR Danaher Corp. | Reduce -12.5% | 0.27% | −0.09 |
| INCY Incyte Corp. | Sold out | 0.00% | −0.09 |
| INSM Insmed Inc. | Reduce -48.1% | 0.13% | −0.08 |
| MDGL Madrigal Pharmaceuticals Inc. | Reduce -20.9% | 0.14% | −0.08 |
| RVMD Revolution Medicines Inc. | Reduce -0.4% | 0.92% | −0.08 |
| NUVL Nuvalent Inc. Class A | Reduce -6.0% | 0.64% | −0.07 |
| ORIC Oric Pharmaceuticals Inc. | Sold out | 0.00% | −0.07 |
| LOW Lowe's Cos Inc. | Reduce -2.5% | 0.31% | −0.07 |
Portfolio Buys Q1 2025 → Q2 2025
| ETN Eaton Corp. PLC | New | 2.67% | +2.67 |
| CGNX Cognex Corp. | New | 2.05% | +2.05 |
| CRH CRH PLC | New | 1.50% | +1.50 |
| LIN Linde PLC | New | 1.38% | +1.38 |
| JCI Johnson Controls Internation | New | 1.01% | +1.01 |
| MRUS Merus NV | New | 0.72% | +0.72 |
| PWR Quanta Services Inc. | Add +34.9% | 1.44% | +0.63 |
| IDA Idacorp Inc. | New | 0.59% | +0.59 |
| BEP Brookfield Renewable Partner | New | 0.56% | +0.56 |
| ET Energy Transfer LP | New | 0.56% | +0.56 |
| NVT Nvent Electric PLC | New | 0.56% | +0.56 |
| VRT Vertiv Holdings Co. Class A | Add +34.8% | 1.04% | +0.55 |
| ITRI Itron Inc. | Add +34.6% | 1.47% | +0.49 |
| BELFB Bel Fuse Inc. Class B | Add +34.6% | 1.34% | +0.48 |
| MDT Medtronic PLC | New | 0.48% | +0.48 |
| APH Amphenol Corp. Class A | Add +35.1% | 1.05% | +0.47 |
| BWXT BWX Technologies Inc. | Add +73.4% | 0.81% | +0.45 |
| AON Aon PLC Class A | New | 0.39% | +0.39 |
| HUBB Hubbell Inc. | Add +34.9% | 1.13% | +0.37 |
| SNPS Synopsys Inc. | New | 0.32% | +0.32 |
| ETR Entergy Corp. | Add +55.1% | 1.19% | +0.30 |
| AEIS Advanced Energy Industries | New | 0.30% | +0.30 |
| ON On Semiconductor | New | 0.30% | +0.30 |
| INTU Intuit Inc. | Add +38.4% | 0.79% | +0.29 |
| IMNM Immunome Inc. | New | 0.29% | +0.29 |
| ELV Elevance Health Inc. | New | 0.27% | +0.27 |
| MLM Martin Marietta Materials | New | 0.27% | +0.27 |
| POWL Powell Industries Inc. | Add +34.8% | 0.78% | +0.25 |
| CHD Church & Dwight Co. Inc. | New | 0.22% | +0.22 |
| ANET Arista Networks Inc. | New | 0.21% | +0.21 |
| NEE Nextera Energy Inc. | Add +35.1% | 1.27% | +0.19 |
| ALGN Align Technology Inc. | Add +107.3% | 0.32% | +0.17 |
| HCM Hutchmed China-ADR | New | 0.17% | +0.17 |
| FTNT Fortinet Inc. | Add +117.6% | 0.32% | +0.17 |
| KEYS Keysight Technologies Inc. | New | 0.17% | +0.17 |
| JPM JPMorgan Chase & Co. | New | 0.17% | +0.17 |
| AAPG Ascentage Pharma GR-ADR | New | 0.16% | +0.16 |
| ICLR Icon PLC | New | 0.15% | +0.15 |
| OGE Oge Energy Corp. | Add +34.7% | 1.12% | +0.15 |
| CBOE Cboe Global Markets Inc. | Add +108.3% | 0.31% | +0.15 |
| NI Nisource Inc. | Add +34.9% | 0.83% | +0.14 |
| SRRK Scholar Rock Holding Corp. | New | 0.14% | +0.14 |
| SNDX Syndax Pharmaceuticals Inc. | Add +307.7% | 0.21% | +0.14 |
| PFGC Performance Food Group Co. | Add +35.7% | 0.53% | +0.13 |
| AEP American Electric Power | Add +34.8% | 1.02% | +0.12 |
| IDYA Ideaya Biosciences Inc. | Add +24.0% | 0.39% | +0.11 |
| GMAB Genmab A/S -SP ADR | Add +26.7% | 0.71% | +0.11 |
| CGON CG Oncology Inc. | Add +61.0% | 0.32% | +0.11 |
| PNW Pinnacle West Capital | Add +34.9% | 0.92% | +0.10 |
| COGT Cogent Biosciences Inc. | Add +64.4% | 0.22% | +0.10 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 583 | $3.1B | RKLB, ECHO, ASTS, VSAT, POWL |
| Q1 2026 | 574 | $1.5B | POWL, NEE, NVDA, CAT, BELFB |
| Q4 2025 | 558 | $1.3B | NVDA, POWL, AAPL, LLY, CAT |
| Q3 2025 | 512 | $1.2B | NVDA, MSFT, AAPL, LLY, CAT |
| Q2 2025 | 165 | $376.6M | ETN, LLY, ROK, CGNX, TKR |
| Q1 2025 | 147 | $334.7M | AIT, ROK, TKR, LLY, FAST |
| Q4 2024 | 148 | $240.9M | ROK, AIT, PRIM, CLH, TKR |