# EDGAR Filing Document

**Accession Number:** 0001976322
**File Stem:** 0001145549-25-054750
**Filing Date:** 2025-8
**Character Count:** 21905
**Document Hash:** 916288b308b5c33b8fe5077e726a756b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-054750.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001145549-25-054750

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Themes ETF Trust
- **CENTRAL INDEX KEY:** 0001976322

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23872
- **FILM NUMBER:** 251264394

**BUSINESS ADDRESS:**
- **STREET 1:** 34 EAST PUTNAM STREET
- **STREET 2:** SUITE 112
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830
- **BUSINESS PHONE:** (646) 206-1788

**MAIL ADDRESS:**
- **STREET 1:** 34 EAST PUTNAM STREET
- **STREET 2:** SUITE 112
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830

## Series and Classes Contracts Data

### Themes Cybersecurity ETF (Series ID: S000081037)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000243676 | Themes Cybersecurity ETF | SPAM            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Themes Cybersecurity ETF** | **Themes Cybersecurity ETF** | **Themes Cybersecurity ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** |
| **COMMON STOCKS - 99.9%** | **Shares** | **Value**  |
| **Industrial Services - 3.0%** | **Industrial Services - 3.0%** | |
| Alarm.com Holdings, Inc. <sup>(a)</sup> | 1056 | $59738 |
| **Software & Technology Services - 88.2%<sup>(b)</sup>** | **Software & Technology Services - 88.2%<sup>(b)</sup>** |  |
| Akamai Technologies, Inc. <sup>(a)</sup> | 971 | 77447 |
| BlackBerry Ltd. <sup>(a)</sup> | 13024 | 59650 |
| Booz Allen Hamilton Holding Corp. | 686 | 71433 |
| CACI International, Inc. - Class A <sup>(a)</sup> | 184 | 87713 |
| Change Holdings, Inc. | 700 | 5609 |
| Check Point Software Technologies Ltd. <sup>(a)</sup> | 338 | 74782 |
| Clear Secure, Inc. - Class A | 2014 | 55909 |
| Crowdstrike Holdings, Inc. - Class A <sup>(a)</sup> | 196 | 99825 |
| CyberArk Software Ltd. <sup>(a)</sup> | 212 | 86259 |
| Digital Arts, Inc. | 200 | 10541 |
| Fastly, Inc. - Class A <sup>(a)</sup> | 2960 | 20898 |
| Fortinet, Inc. <sup>(a)</sup> | 742 | 78444 |
| Gorilla Technology Group, Inc. <sup>(a)</sup> | 386 | 7677 |
| Hennge KK | 300 | 3775 |
| Nebius Group NV <sup>(a)</sup> | 3161 | 174898 |
| Netcompany Group AS <sup>(a)(c)</sup> | 893 | 38067 |
| Okta, Inc. <sup>(a)</sup> | 729 | 72878 |
| OneSpan, Inc. | 793 | 13235 |
| OVH Groupe SA <sup>(a)</sup> | 497 | 6381 |
| Palo Alto Networks, Inc. <sup>(a)</sup> | 429 | 87791 |
| Qoria Ltd. <sup>(a)</sup> | 21848 | 7118 |
| Qualys, Inc. <sup>(a)</sup> | 595 | 85008 |
| Radware Ltd. <sup>(a)</sup> | 788 | 23199 |
| Rapid7, Inc. <sup>(a)</sup> | 1402 | 32428 |
| SailPoint, Inc. <sup>(a)</sup> | 1546 | 35341 |
| SentinelOne, Inc. - Class A <sup>(a)</sup> | 3938 | 71987 |
| SUNeVision Holdings Ltd. | 14000 | 13483 |
| Tenable Holdings, Inc. <sup>(a)</sup> | 2182 | 73708 |
| Trend Micro, Inc. | 1200 | 83139 |
| Varonis Systems, Inc. <sup>(a)</sup> | 1793 | 90995 |
| Zscaler, Inc. <sup>(a)</sup> | 367 | 115216 |
|  |  | 1764834 |
| **Tech Hardware & Semiconductors - 1.5%** | **Tech Hardware & Semiconductors - 1.5%** |  |
| A10 Networks, Inc. | 1601 | 30979 |
| **Telecommunications - 7.2%** | **Telecommunications - 7.2%** |  |
| NEXTDC Ltd. <sup>(a)</sup> | 12323 | 117601 |
| Vnet Group, Inc. - ADR <sup>(a)</sup> | 3859 | 26627 |
|  |  | 144228 |
| **TOTAL COMMON STOCKS** (Cost $1,753,032) | **TOTAL COMMON STOCKS** (Cost $1,753,032) | 1999779 |
| **SHORT-TERM INVESTMENTS - 0.1%** |  | **Value**  |
| **Money Market Funds - 0.1%** | **<u>Shares</u>** |  |
| First American Treasury Obligations Fund - Class X, 4.24% <sup>(d)</sup> | 1575 | 1575 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $1,575) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $1,575) | 1575 |
| **TOTAL INVESTMENTS - 100.0% (**Cost $1,754,607**)** | **TOTAL INVESTMENTS - 100.0% (**Cost $1,754,607**)** | 2001354 |
| Liabilities in Excess of Other Assets - (0.0)% <sup>(e)</sup> | Liabilities in Excess of Other Assets - (0.0)% <sup>(e)</sup> | (214) |
| **TOTAL NET ASSETS - 100.0%** |  | $2001140 |
| two | two | –% |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |

---

ADR - American Depositary Receipt<br>

(a) Non-income producing security.

(b) To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those
 industries or sectors.

(c) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified
 institutional investors. As of June 30, 2025, the value of these securities total $38,067 or 1.9% of the Fund's net assets.

(d) The rate shown represents the 7-day annualized effective yield as of June 30, 2025.

(e) Represents less than 0.05% of net assets.

------

#### Summary of Fair Value Disclosure as of June 30, 2025 (Unaudited)
Themes Cybersecurity ETF has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of June 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | 1999779 |  |  | 1999779 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 1575 |  |  | 1575 |
| Total Investments | 2001354 |  |  | 2001354 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Themes ETF Trust

- **b. Investment Company Act file number:** 811-23872

- **c. CIK number of Registrant:** 0001976322

- **d. LEI of Registrant:** 529900NYKGD1N3B8DB45

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 34 East Putnam Avenue

  - **City:** Greenwich

  - **State:** CT

  - **Foreign country:** US

  - **Zip / Postal Code:** 06830

  - **Telephone number:** 646-206-1788

**Item A.2. Information about the Series.**

- **a. Name of Series:** Themes Cybersecurity ETF

- **b. EDGAR series identifier (if any):** S000081037

- **c. LEI of Series:** 5299005IP7HT8CKPQW22

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2001786.83

**Total Liabilities:** $646.48

**Net Assets:** $2001140.35

**Cash Not Reported:** $335.11

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000243676 | 3.64%                | 4.60%                | 8.44%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $10.56                   | $62558.02                                  |
| Month 2  | $-259.02                 | $81758.31                                  |
| Month 3  | $8.16                    | $155604.66                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| A10 Networks Inc               | A10 Networks Inc                         | CUSIP: 002121101<br>LEI: 549300UQD4IWUML81Q35 | Long             | EC               | CORP              | US        |      1601 | NS      | $30979.35     | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc                       | Okta Inc                                 | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |       729 | NS      | $72878.13     | 3.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc         | Palo Alto Networks Inc                   | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |       429 | NS      | $87790.56     | 4.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Rapid7 Inc                     | Rapid7 Inc                               | CUSIP: 753422104<br>LEI: 549300GNVG5D60KEYN14 | Long             | EC               | CORP              | US        |      1402 | NS      | $32428.26     | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTDC Ltd                     | NEXTDC Ltd                               | CUSIP: N/A<br>LEI: 529900RTERU3X7G3D672       | Long             | EC               | CORP              | AU        |     12323 | NS      | $117600.58    | 5.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Gorilla Technology Group Inc   | Gorilla Technology Group Inc             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |       386 | NS      | $7677.54      | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc                    | Zscaler Inc                              | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |       367 | NS      | $115215.98    | 5.76%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc         | CACI International Inc                   | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |       184 | NS      | $87712.80     | 4.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Clear Secure Inc               | Clear Secure Inc                         | CUSIP: 18467V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2014 | NS      | $55908.64     | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| OneSpan Inc                    | OneSpan Inc                              | CUSIP: 68287N100<br>LEI: 984500E502E6DC354D26 | Long             | EC               | CORP              | US        |       793 | NS      | $13235.17     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualys Inc                     | Qualys Inc                               | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |       595 | NS      | $85007.65     | 4.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Trend Micro Inc/Japan          | Trend Micro Inc/Japan                    | CUSIP: N/A<br>LEI: 3538005O5UJ5RNAGVE16       | Long             | EC               | CORP              | JP        |      1200 | NS      | $83138.78     | 4.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SailPoint Inc                  | SailPoint Inc                            | CUSIP: 78781J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1546 | NS      | $35341.56     | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNeVision Holdings Ltd        | SUNeVision Holdings Ltd                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | HK        |     14000 | NS      | $13482.89     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| CyberArk Software Ltd          | CyberArk Software Ltd                    | CUSIP: N/A<br>LEI: 529900YEXNDM894PWS93       | Long             | EC               | CORP              | IL        |       212 | NS      | $86258.56     | 4.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Radware Ltd                    | Radware Ltd                              | CUSIP: N/A<br>LEI: 254900LYRZOTBQ99ZG59       | Long             | EC               | CORP              | IL        |       788 | NS      | $23198.72     | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Vnet Group Inc                 | Vnet Group Inc                           | CUSIP: 90138A103<br>LEI: 529900672GYJQ3T38I58 | Long             | EC               | CORP              | CN        |      3859 | NS      | $26627.10     | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Treasury Obliga | First American Treasury Obligations Fund | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |      1575 | NS      | $1574.85      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                   | Fortinet Inc                             | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |       742 | NS      | $78444.24     | 3.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Arts Inc               | Digital Arts Inc                         | CUSIP: J1228V105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |       200 | NS      | $10541.30     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Check Point Software Technolog | Check Point Software Technologies Ltd    | CUSIP: N/A<br>LEI: 2549003ZVBH73EPNS513       | Long             | EC               | CORP              | IL        |       338 | NS      | $74782.50     | 3.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenable Holdings Inc           | Tenable Holdings Inc                     | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Long             | EC               | CORP              | US        |      2182 | NS      | $73707.96     | 3.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Qoria Ltd                      | Qoria Ltd                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |     21848 | NS      | $7117.74      | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Alarm.com Holdings Inc         | Alarm.com Holdings Inc                   | CUSIP: 011642105<br>LEI: 549300HIH92U1EKIHZ32 | Long             | EC               | CORP              | US        |      1056 | NS      | $59737.92     | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackBerry Ltd                 | BlackBerry Ltd                           | CUSIP: 09228F103<br>LEI: 549300HJD8NEGT71RF07 | Long             | EC               | CORP              | CA        |     13024 | NS      | $59649.92     | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Co | Booz Allen Hamilton Holding Corp         | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |       686 | NS      | $71433.18     | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Change Holdings Inc            | Change Holdings Inc                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       700 | NS      | $5609.53      | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Varonis Systems Inc            | Varonis Systems Inc                      | CUSIP: 922280102<br>LEI: 549300SHIVNRRH7STS26 | Long             | EC               | CORP              | US        |      1793 | NS      | $90994.75     | 4.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Hennge KK                      | Hennge KK                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       300 | NS      | $3774.87      | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| OVH Groupe SA                  | OVH Groupe SA                            | CUSIP: N/A<br>LEI: 9695001J8OSOVX4TP939       | Long             | EC               | CORP              | FR        |       497 | NS      | $6381.33      | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Nebius Group NV                | Nebius Group NV                          | CUSIP: N/A<br>LEI: 549300GGZHJ5Q1B18P93       | Long             | EC               | CORP              | NL        |      3161 | NS      | $174898.13    | 8.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Akamai Technologies Inc        | Akamai Technologies Inc                  | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | EC               | CORP              | US        |       971 | NS      | $77446.96     | 3.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc       | Crowdstrike Holdings Inc                 | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |       196 | NS      | $99824.76     | 4.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastly Inc                     | Fastly Inc                               | CUSIP: 31188V100<br>LEI: 549300E2FZC83FJ3H565 | Long             | EC               | CORP              | US        |      2960 | NS      | $20897.60     | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SentinelOne Inc                | SentinelOne Inc                          | CUSIP: 81730H109<br>LEI: 984500DCD44DBF954221 | Long             | EC               | CORP              | US        |      3938 | NS      | $71986.64     | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Netcompany Group A/S           | Netcompany Group A/S                     | CUSIP: N/A<br>LEI: 5299006DEGAWX1Z1X779       | Long             | EC               | CORP              | DK        |       893 | NS      | $38067.50     | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-26

**Name of Applicant:** Themes ETF Trust

**Signature:** /s/ Dobromir Kamburov

**Name of Signer:** Dobromir Kamburov

**Title:** Treasurer