# EDGAR Filing Document

**Accession Number:** 0001452937
**File Stem:** 0002048251-25-000419
**Filing Date:** 2025-9
**Character Count:** 19808
**Document Hash:** 3245ea0e5bbeefe493ec2984b610355e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-25-000419.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0002048251-25-000419

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EXCHANGE TRADED CONCEPTS TRUST
- **CENTRAL INDEX KEY:** 0001452937

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22263
- **FILM NUMBER:** 251348613

**BUSINESS ADDRESS:**
- **STREET 1:** 10900 HEFNER POINTE DRIVE
- **STREET 2:** SUITE 400
- **CITY:** OKLAHOMA CITY
- **STATE:** OK
- **ZIP:** 73120
- **BUSINESS PHONE:** 405-778-8377

**MAIL ADDRESS:**
- **STREET 1:** 10900 HEFNER POINTE DRIVE
- **STREET 2:** SUITE 400
- **CITY:** OKLAHOMA CITY
- **STATE:** OK
- **ZIP:** 73120

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FAITHSHARES TRUST
- **DATE OF NAME CHANGE:** 20090717

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FAITHSHARES INC
- **DATE OF NAME CHANGE:** 20090225

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VERITAS FUNDS INC
- **DATE OF NAME CHANGE:** 20081230

## Series and Classes Contracts Data

### MUSQ Global Music Industry Index ETF (Series ID: S000080748)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000243281 | MUSQ Global Music Industry Index ETF | MUSQ            |

## Nport-Ex

**MUSQ Global Music Industry Index ETF**

Schedule of Investments

July 31, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **COMMON STOCK<sup>††</sup> — 98.6%** | **COMMON STOCK<sup>††</sup> — 98.6%** | **COMMON STOCK<sup>††</sup> — 98.6%** |
| **China — 9.6%** | **China — 9.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;*Communication Services — 9.6%* | &nbsp;&nbsp;&nbsp;&nbsp;*Communication Services — 9.6%* |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cloud Music\* | 19050 | $616395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tencent Music Entertainment Group ADR | 80380 | 1687176 |
|  |  | 2303571 |
| **Germany — 7.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;*Communication Services — 7.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CTS Eventim | 14714 | 1671452 |
| **Japan — 12.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;*Communication Services — 3.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avex | 42700 | 362324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NexTone\* | 29100 | 358106 |
|  |  | 720430 |
| &nbsp;&nbsp;&nbsp;&nbsp;*Consumer Discretionary — 9.1%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PIA\* | 9700 | 192073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Roland | 17200 | 361155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sony Group | 13900 | 340076 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yamaha | 177300 | 1281197 |
|  |  | 2174501 |
|  |  | 2894931 |
| **Netherlands — 9.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;*Communication Services — 9.4%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Universal Music Group | 77406 | 2248531 |
| **South Korea — 9.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;*Communication Services — 8.8%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CUBE ENTERTAINMENT\* | 13577 | 160559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HYBE | 5254 | 983136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JYP Entertainment | 6766 | 354693 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SM Entertainment | 2613 | 250786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;YG Entertainment | 3348 | 205448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;YG PLUS\* | 24686 | 152908 |
|  |  | 2107530 |
| &nbsp;&nbsp;&nbsp;&nbsp;*Consumer Discretionary — 0.8%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dreamus\* | 115542 | 185377 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2292907 |
| **Taiwan — 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;*Consumer Discretionary — 0.5%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Merry Electronics | 31178 | 119082 |
| **United States — 50.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;*Communication Services — 36.2%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Cl A | 6038 | 1158692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Live Nation Entertainment\* | 16402 | 2422576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Madison Square Garden Entertainment, Cl A\* | 21329 | 806023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reservoir Media\* | 47299 | 375554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sphere Entertainment\* | 4230 | 182102 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **United States — continued** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;*Communication Services — continued* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spotify Technology\* | 3467 | $2172214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vivid Seats, Cl A\* | 214842 | 333005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Warner Music Group, Cl A | 39683 | 1161125 |
|  |  | 8611291 |
| &nbsp;&nbsp;&nbsp;&nbsp;*Consumer Discretionary — 8.6%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amazon.com\* | 4949 | 1158610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sonos\* | 63743 | 689062 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venu Holding\* | 14827 | 201054 |
|  |  | 2048726 |
| &nbsp;&nbsp;&nbsp;&nbsp;*Information Technology — 5.6%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apple | 5581 | 1158448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dolby Laboratories, Cl A | 2554 | 192418 |
|  |  | 1350866 |
|  |  | 12010883 |
| Total Common Stock |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cost $18,723,608) |  | 23541357 |
| **SHORT-TERM INVESTMENT — 0.5%** | **SHORT-TERM INVESTMENT — 0.5%** | **SHORT-TERM INVESTMENT — 0.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class, 4.25%<sup>(A)</sup> | 129307 | 129307 |
| Total Short-Term Investment |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Cost $129,307) |  | 129307 |
| Total Investments - 99.1% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Cost $18,852,915) |  | $&nbsp;&nbsp;&nbsp;&nbsp;23670664 |

---

Percentages are based on net assets of *$23,893,779*.

†† Industries are utilized for compliance purposes, whereas sectors are utilized for reporting. <br> \* Non-income producing security. <br> (A) Rate shown is the 7-day effective yield as of January 31, 2025.

*ADR — American Depositary Receipt* <br> *Cl — Class* <br>

MUS-QH-001-0500

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** EXCHANGE TRADED CONCEPTS TRUST

- **b. Investment Company Act file number:** 811-22263

- **c. CIK number of Registrant:** 0001452937

- **d. LEI of Registrant:** 549300TXJW88BSB0KL90

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

  - **Street Address 1:** 10900 HEFNER POINTE DRIVE

  - **City:** OKLAHOMA CITY

  - **State:** OK

  - **Foreign country:** US

  - **Zip / Postal Code:** 73120

  - **Telephone number:** 4057788377

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

- **a. Name of Series:** MUSQ Global Music Industry ETF

- **b. EDGAR series identifier (if any):** S000080748

- **c. LEI of Series:** 5493000EQT0FXCFLR739

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-07-31

**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:** $23909482.94

**Total Liabilities:** $15693.20

**Net Assets:** $23893789.74

**Cash Not Reported:** $3.56

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000243281 | -3.81%               | 7.40%                | 5.74%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $518004.95               | $-1442367.25                               |
| Month 2  | $0.00                    | $1715916.91                                |
| Month 3  | $305375.83               | $937468.03                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| RESERVOIR MEDIA, INC.                     | RESERVOIR MEDIA INC COMMON STOCK                    | CUSIP: 76119X105<br>LEI: 549300PHPDQ9M9QSNU18 | Long             | EC               |  | US        |     47299 | NS      | $375554.06    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Venu Holding Corp                         | VENU HOLDING CORP COMMON STOCK                      | CUSIP: 92333E104<br>LEI: N/A                  | Long             | EC               |  | US        |     14827 | NS      | $201054.12    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| HYBE Co., Ltd.                            | HYBE CO LTD COMMON STOCK                            | CUSIP: N/A<br>LEI: 988400NYDQI538IJ3K23       | Long             | EC               |  | KR        |      5254 | NS      | $983136.00    | 4.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Music Group N.V.                | UNIVERSAL MUSIC GROUP NV COMMON STOCK               | CUSIP: N/A<br>LEI: 724500GJBUL3D9TW9Y18       | Long             | EC               |  | NL        |     77406 | NS      | $2248531.30   | 9.41%             |  |  |  | No            |                  1 | On Loan: No      |
| JYP Entertainment Corporation             | JYP ENTERTAINMENT CORP COMMON STOCK                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | KR        |      6766 | NS      | $354692.96    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| MADISON SQUARE GARDEN ENTERTAINMENT CORP. | MADISON SQUARE GARDEN ENTERTAINMENT CO COMMON STOCK | CUSIP: 558256103<br>LEI: N/A                  | Long             | EC               |  | US        |     21329 | NS      | $806022.91    | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| MERRY ELECTRONICS CO., LTD.               | MERRY ELECTRONICS CO LTD COMMON STOCK               | CUSIP: N/A<br>LEI: 254900TUK5GIZWBLM571       | Long             | EC               |  | TW        |     31178 | NS      | $119081.73    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| SPHERE ENTERTAINMENT CO.                  | SPHERE ENTERTAINMENT CO COMMON STOCK                | CUSIP: 55826T102<br>LEI: N/A                  | Long             | EC               |  | US        |      4230 | NS      | $182101.50    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| YAMAHA CORPORATION                        | YAMAHA CORP COMMON STOCK                            | CUSIP: N/A<br>LEI: 529900S5TENP3IJS7S02       | Long             | EC               |  | JP        |    177300 | NS      | $1281197.05   | 5.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Netease Cloud Music Inc                   | NETEASE CLOUD MUSIC INC COMMON STOCK                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | HK        |     19050 | NS      | $616394.90    | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                             | ALPHABET INC-CL A COMMON STOCK                      | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               |  | US        |      6473 | NS      | $1242168.70   | 5.20%             |  |  |  | No            |                  1 | On Loan: No      |
| NexTone Inc                               | NEXTONE INC COMMON STOCK                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | JP        |     29100 | NS      | $358106.25    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM, INC.                          | AMAZON.COM INC COMMON STOCK                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               |  | US        |      5367 | NS      | $1256468.37   | 5.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corporation                    | SONY GROUP CORP COMMON STOCK                        | CUSIP: N/A<br>LEI: 529900R5WX9N2OI2N910       | Long             | EC               |  | JP        |     13900 | NS      | $340076.41    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                       | STIT GOVT & AGENCY INST CLASS INSTITUTIONAL         | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             |  | US        |    129307 | PA      | $129306.86    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| PIA CORPORATION                           | PIA CORP COMMON STOCK                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | JP        |      9700 | NS      | $192072.83    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreamus Company                           | DREAMUS CO COMMON STOCK                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | KR        |    115542 | NS      | $185377.09    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| LIVE NATION ENTERTAINMENT, INC.           | LIVE NATION ENTERTAINMENT IN COMMON STOCK           | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               |  | US        |     16402 | NS      | $2422575.40   | 10.14%            |  |  |  | No            |                  1 | On Loan: No      |
| CUBE ENTERTAINMENT, INC.                  | CUBE ENTERTAINMENT INC COMMON STOCK                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | KR        |     13577 | NS      | $160558.70    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| SM ENTERTAINMENT CO., Ltd.                | SM ENTERTAINMENT CO LTD COMMON STOCK                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | KR        |      2613 | NS      | $250786.20    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| VIVID SEATS INC - CLASS A                 | VIVID SEATS INC - CLASS A COMMON STOCK              | CUSIP: 92854T100<br>LEI: N/A                  | Long             | EC               |  | US        |    214842 | NS      | $333005.10    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Roland Corporation                        | ROLAND CORP COMMON STOCK                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | JP        |     17200 | NS      | $361154.86    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| SONOS, INC.                               | SONOS INC COMMON STOCK                              | CUSIP: 83570H108<br>LEI: 549300WEPU6075I77M08 | Long             | EC               |  | US        |     63743 | NS      | $689061.83    | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC.                                | APPLE INC COMMON STOCK                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               |  | US        |      5791 | NS      | $1202037.87   | 5.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLBY LABORATORIES, INC.                  | DOLBY LABORATORIES INC-CL A COMMON STOCK            | CUSIP: 25659T107<br>LEI: 549300X04FB2QPCJ5J24 | Long             | EC               |  | US        |      2554 | NS      | $192418.36    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Avex Inc.                                 | AVEX INC COMMON STOCK                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | JP        |     42700 | NS      | $362323.67    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| YG PLUS, INC.                             | YG PLUS COMMON STOCK                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | KR        |     24686 | NS      | $152907.95    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| YG Entertainment Inc                      | YG ENTERTAINMENT INC COMMON STOCK                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | KR        |      3348 | NS      | $205447.65    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| TENCENT MUSIC ENTERTAINMENT GROUP         | TENCENT MUSIC ENTERTAINM-ADR DEPOSITARY RECEIPT     | CUSIP: 88034P109<br>LEI: 213800XTZK2GOHQTYK41 | Long             | EC               |  | US        |     80380 | NS      | $1687176.20   | 7.06%             |  |  |  | No            |                  1 | On Loan: No      |
| WARNER MUSIC GROUP CORP.                  | WARNER MUSIC GROUP CORP-CL A COMMON STOCK           | CUSIP: 934550203<br>LEI: N/A                  | Long             | EC               |  | US        |     39683 | NS      | $1161124.58   | 4.86%             |  |  |  | No            |                  1 | On Loan: No      |
| CTS Eventim AG & Co. KGaA                 | CTS EVENTIM AG & CO KGAA COMMON STOCK               | CUSIP: N/A<br>LEI: 529900FDHSN08UBJII80       | Long             | EC               |  | DE        |     14714 | NS      | $1671452.20   | 7.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SPOTIFY TECHNOLOGY S.A.                   | SPOTIFY TECHNOLOGY SA COMMON STOCK                  | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               |  | US        |      3467 | NS      | $2172214.18   | 9.09%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-31

**Name of Applicant:** EXCHANGE TRADED CONCEPTS TRUST

**Signature:** Dennis Lowenfels

**Name of Signer:** Dennis Lowenfels

**Title:** CCO