# EDGAR Filing Document

**Accession Number:** 0001976322
**File Stem:** 0000894189-26-005251
**Filing Date:** 2026-2
**Character Count:** 43657
**Document Hash:** 9ffc02f564fa01c9c167689ae39b9b40
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-005251.hdr.sgml**: 20260225

**ACCESSION NUMBER**: 0000894189-26-005251

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260225

**DATE AS OF CHANGE**: 20260225

**PERIOD START**: 20260930

**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:** 26680137

**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 Natural Monopoly ETF (Series ID: S000081024)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000243663 | Themes Natural Monopoly ETF | CZAR            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Themes Natural Monopoly ETF** | **Themes Natural Monopoly ETF** | **Themes Natural Monopoly ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **December 31, 2025 (Unaudited)** | **December 31, 2025 (Unaudited)** | **December 31, 2025 (Unaudited)** |
| **COMMON STOCKS - 99.8%** | **Shares** | **Value**  |
| **Consumer Discretionary Products - 1.1%** | **Consumer Discretionary Products - 1.1%** | |
| Ferrari NV | 18 | $6742 |
| Suzuki Motor Corp. | 700 | 10432 |
|  |  | 17174 |
| **Consumer Staple Products - 4.5%** | **Consumer Staple Products - 4.5%** |  |
| Anheuser-Busch InBev SA/NV | 217 | 14000 |
| Coca-Cola Co. | 210 | 14681 |
| General Mills, Inc. | 285 | 13253 |
| PepsiCo, Inc. | 113 | 16218 |
| Procter & Gamble Co. | 93 | 13328 |
|  |  | 71480 |
| **Financial Services - 11.6%** | **Financial Services - 11.6%** |  |
| Blackrock, Inc. | 55 | 58869 |
| Corpay, Inc. <sup>(a)</sup> | 13 | 3912 |
| Experian PLC | 83 | 3762 |
| Mastercard, Inc. - Class A | 102 | 58230 |
| Moody's Corp. | 9 | 4598 |
| Visa, Inc. - Class A | 160 | 56113 |
|  |  | 185484 |
| **Health Care - 9.9%** | **Health Care - 9.9%** |  |
| AbbVie, Inc. | 139 | 31760 |
| Cencora, Inc. | 9 | 3040 |
| EssilorLuxottica SA | 93 | 29498 |
| Fresenius Medical Care AG | 49 | 2347 |
| Fresenius SE & Co. KGaA | 56 | 3223 |
| Johnson & Johnson | 169 | 34975 |
| Labcorp Holdings, Inc. | 11 | 2760 |
| Novartis AG | 211 | 29195 |
| Novo Nordisk AS | 374 | 19139 |
| Quest Diagnostics, Inc. | 15 | 2603 |
|  |  | 158540 |
| **Industrial Products - 17.8%** | **Industrial Products - 17.8%** |  |
| AMETEK, Inc. | 75 | 15398 |
| Amphenol Corp. - Class A | 585 | 79057 |
| Assa Abloy AB - Class B | 290 | 11305 |
| Atlas Copco AB - Class A | 834 | 15042 |
| BAE Systems PLC | 2245 | 51868 |
| Dover Corp. | 74 | 14448 |
| Honeywell International, Inc. | 251 | 48968 |
| Schneider Electric SE | 51 | 14079 |
| Snap-on, Inc. | 29 | 9993 |
| Techtronic Industries Co. Ltd. | 800 | 9241 |
| Xylem, Inc. | 104 | 14163 |
|  |  | 283562 |
| **Industrial Services - 3.5%** | **Industrial Services - 3.5%** |  |
| Canadian Pacific Kansas City Ltd. | 74 | 5448 |
| Compass Group PLC | 234 | 7457 |
| CSX Corp. | 180 | 6525 |
| FedEx Corp. | 26 | 7510 |
| Kuehne + Nagel International AG | 27 | 5837 |
| RELX PLC | 79 | 3216 |
| Republic Services, Inc. | 18 | 3815 |
| Stantec, Inc. | 40 | 3775 |
| Vinci SA | 29 | 4091 |
| Waste Management, Inc. | 19 | 4175 |
| WSP Global, Inc. | 21 | 3802 |
|  |  | 55651 |
| **Insurance - 6.3%** | **Insurance - 6.3%** |  |
| Aon PLC - Class A | 159 | 56108 |
| Arthur J Gallagher & Co. | 170 | 43994 |
|  |  | 100102 |
| **Materials - 3.7%** | **Materials - 3.7%** |  |
| Air Liquide SA | 27 | 5085 |
| CRH PLC | 50 | 6240 |
| Ecolab, Inc. | 20 | 5250 |
| Fortescue Ltd. | 457 | 6713 |
| Heidelberg Materials AG | 19 | 4979 |
| Holcim AG | 62 | 6087 |
| Nippon Paint Holdings Co. Ltd. | 700 | 4681 |
| Sherwin-Williams Co. | 16 | 5184 |
| Sika AG | 20 | 4106 |
| Solstice Advanced Materials, Inc. <sup>(a)</sup> | 62 | 3012 |
| Sumitomo Corp. | 100 | 3455 |
| Vulcan Materials Co. | 18 | 5134 |
|  |  | 59926 |
| **Media - 5.5%** | **Media - 5.5%** |  |
| Airbnb, Inc. - Class A <sup>(a)</sup> | 56 | 7600 |
| Charter Communications, Inc. - Class A <sup>(a)</sup> | 19 | 3966 |
| Comcast Corp. - Class A | 222 | 6636 |
| Expedia Group, Inc. | 47 | 13316 |
| Meta Platforms, Inc. - Class A | 71 | 46866 |
| Omnicom Group, Inc. | 59 | 4764 |
| Uber Technologies, Inc. <sup>(a)</sup> | 63 | 5148 |
|  |  | 88296 |
| **Oil & Gas - 2.8%** | **Oil & Gas - 2.8%** |  |
| Aker BP ASA | 330 | 8410 |
| Chevron Corp. | 59 | 8992 |
| Suncor Energy, Inc. | 225 | 9987 |
| TotalEnergies SE | 137 | 8950 |
| Var Energi ASA | 2625 | 8594 |
|  |  | 44933 |
| **Retail & Wholesale - Discretionary - 4.3%** | **Retail & Wholesale - Discretionary - 4.3%** |  |
| Copart, Inc. <sup>(a)</sup> | 439 | 17187 |
| Ferguson Enterprises, Inc. | 12 | 2671 |
| Home Depot, Inc. | 60 | 20646 |
| Industria de Diseno Textil SA | 422 | 27941 |
|  |  | 68445 |
| **Retail & Wholesale - Staples - 3.4%** | **Retail & Wholesale - Staples - 3.4%** |  |
| Alimentation Couche-Tard, Inc. | 436 | 23812 |
| ITOCHU Corp. | 500 | 6304 |
| Koninklijke Ahold Delhaize NV | 525 | 21514 |
| Sysco Corp. | 36 | 2653 |
|  |  | 54283 |
| **Software & Technology Services - 12.8%** | **Software & Technology Services - 12.8%** |  |
| Adobe, Inc. <sup>(a)</sup> | 148 | 51798 |
| Autodesk, Inc. <sup>(a)</sup> | 182 | 53874 |
| Intuit, Inc. | 73 | 48357 |
| Pro Medicus Ltd. | 15 | 2211 |
| Sage Group PLC | 3290 | 48028 |
|  |  | 204268 |
| **Tech Hardware & Semiconductors - 8.5%** | **Tech Hardware & Semiconductors - 8.5%** |  |
| Broadcom, Inc. | 209 | 72335 |
| Cisco Systems, Inc. | 834 | 64243 |
|  |  | 136578 |
| **Telecommunications - 1.5%** | **Telecommunications - 1.5%** |  |
| AT&T, Inc. | 155 | 3850 |
| HKT Trust & HKT Ltd. | 3360 | 4969 |
| KDDI Corp. | 300 | 5188 |
| SoftBank Corp. | 3300 | 4525 |
| Verizon Communications, Inc. | 116 | 4725 |
|  |  | 23257 |
| **Utilities - 2.6%** | **Utilities - 2.6%** |  |
| American Water Works Co., Inc. | 60 | 7830 |
| Duke Energy Corp. | 70 | 8205 |
| Exelon Corp. | 192 | 8369 |
| National Grid PLC | 572 | 8801 |
| Terna - Rete Elettrica Nazionale | 807 | 8587 |
|  |  | 41792 |
| **TOTAL COMMON STOCKS** (Cost $1,497,437) | **TOTAL COMMON STOCKS** (Cost $1,497,437) | 1593771 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **MONEY MARKET FUNDS - 0.0% <sup>(b)</sup>** | **Shares** | **Value**  |
| First American Treasury Obligations Fund - Class X, 3.68% <sup>(c)</sup> | 647 | 647 |
| **TOTAL MONEY MARKET FUNDS** (Cost $647) | **TOTAL MONEY MARKET FUNDS** (Cost $647) | 647 |
| **TOTAL INVESTMENTS - 99.8% (**Cost $1,498,084**)** | **TOTAL INVESTMENTS - 99.8% (**Cost $1,498,084**)** | 1594418 |
| Other Assets in Excess of Liabilities - 0.2% | Other Assets in Excess of Liabilities - 0.2% | 2702 |
| **TOTAL NET ASSETS - 100.0%** |  | $1597120 |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |

---

PLC - Public Limited Company<br>

(a) Non-income producing security.

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

(c) The rate shown represents the 7-day annualized yield as of December 31, 2025.

------

#### Summary of Fair Value Disclosure as of December 31, 2025 (Unaudited)
Themes Natural Monopoly ETF (the "Fund") 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 December 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $1593771 | $– | $– | $1593771 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 647 | – | – | 647 |
| Total Investments | $1594418 | $– | $– | $1594418 |
| 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 Natural Monopoly ETF

- **b. EDGAR series identifier (if any):** S000081024

- **c. LEI of Series:** 52990041JGNUYT5J9V55

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**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:** $1597702.10

**Total Liabilities:** $581.66

**Net Assets:** $1597120.44

**Cash Not Reported:** $2469.27

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000243663 | -1.35%               | 0.18%                | 0.66%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.04                    | $-23913.16                                 |
| Month 2  | $-13.90                  | $1594.72                                   |
| Month 3  | $-150.15                 | $9475.49                                   |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Stantec Inc                    | Stantec Inc                              | CUSIP: 85472N109<br>LEI: 549300MZ7NGUZDCP2T16 | Long             | EC               | CORP              | CA        |        40 | NS      | $3774.58      | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE               | TotalEnergies SE                         | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |       137 | NS      | $8950.11      | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| WSP Global Inc                 | WSP Global Inc                           | CUSIP: 92938W202<br>LEI: 549300IQ87LU6X6ERQ78 | Long             | EC               | CORP              | CA        |        21 | NS      | $3802.35      | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                       | CSX Corp                                 | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |       180 | NS      | $6525.00      | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc              | Expedia Group Inc                        | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        47 | NS      | $13315.57     | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Treasury Obliga | First American Treasury Obligations Fund | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |       647 | NS      | $646.71       | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Heidelberg Materials AG        | Heidelberg Materials AG                  | CUSIP: N/A<br>LEI: LZ2C6E0W5W7LQMX5ZI37       | Long             | EC               | CORP              | DE        |        19 | NS      | $4979.32      | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortescue Ltd                  | Fortescue Ltd                            | CUSIP: N/A<br>LEI: 529900VEJFORCO6I4826       | Long             | EC               | CORP              | AU        |       457 | NS      | $6712.60      | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                       | AT&T Inc                                 | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |       155 | NS      | $3850.20      | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                     | AbbVie Inc                               | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |       139 | NS      | $31760.11     | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                    | Cencora Inc                              | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |         9 | NS      | $3039.75      | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications Inc     | Charter Communications Inc               | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |        19 | NS      | $3966.25      | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The               | Coca-Cola Co/The                         | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |       210 | NS      | $14681.10     | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                     | Copart Inc                               | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |       439 | NS      | $17186.85     | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp               | Duke Energy Corp                         | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |        70 | NS      | $8204.70      | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                    | Novartis AG                              | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |       211 | NS      | $29195.30     | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferrari NV                     | Ferrari NV                               | CUSIP: N/A<br>LEI: 549300RIVY5EX8RCON76       | Long             | EC               | CORP              | IT        |        18 | NS      | $6741.64      | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Copco AB                 | Atlas Copco AB                           | CUSIP: W1R924252<br>LEI: 213800T8PC8Q4FYJZR07 | Long             | EC               | CORP              | SE        |       834 | NS      | $15042.17     | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Anheuser-Busch InBev SA/NV     | Anheuser-Busch InBev SA/NV               | CUSIP: N/A<br>LEI: 5493008H3828EMEXB082       | Long             | EC               | CORP              | BE        |       217 | NS      | $14000.49     | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                   | Chevron Corp                             | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        59 | NS      | $8992.19      | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc       | Ferguson Enterprises Inc                 | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |        12 | NS      | $2671.56      | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson              | Johnson & Johnson                        | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |       169 | NS      | $34974.55     | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc              | Omnicom Group Inc                        | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |        59 | NS      | $4764.25      | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| EssilorLuxottica SA            | EssilorLuxottica SA                      | CUSIP: N/A<br>LEI: 549300M3VH1A3ER1TB49       | Long             | EC               | CORP              | FR        |        93 | NS      | $29498.31     | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Kuehne + Nagel International A | Kuehne + Nagel International AG          | CUSIP: N/A<br>LEI: 529900Q0YED3805QXQ66       | Long             | EC               | CORP              | CH        |        27 | NS      | $5837.33      | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                     | Airbnb Inc                               | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |        56 | NS      | $7600.32      | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                  | Amphenol Corp                            | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |       585 | NS      | $79056.90     | 4.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp                   | Moody's Corp                             | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |         9 | NS      | $4597.65      | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ITOCHU Corp                    | ITOCHU Corp                              | CUSIP: N/A<br>LEI: J48DJYXDTLHM30UMYI18       | Long             | EC               | CORP              | JP        |       500 | NS      | $6304.26      | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Corp                  | Sumitomo Corp                            | CUSIP: N/A<br>LEI: V82KK8NH1P0JS71FJC05       | Long             | EC               | CORP              | JP        |       100 | NS      | $3455.06      | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Suzuki Motor Corp              | Suzuki Motor Corp                        | CUSIP: N/A<br>LEI: 353800D83H0V3ZV1SV24       | Long             | EC               | CORP              | JP        |       700 | NS      | $10432.52     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The        | Procter & Gamble Co/The                  | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |        93 | NS      | $13327.83     | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc     | Verizon Communications Inc               | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |       116 | NS      | $4724.68      | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| RELX PLC                       | RELX PLC                                 | CUSIP: N/A<br>LEI: 549300WSX3VBUFFJOO66       | Long             | EC               | CORP              | GB        |        79 | NS      | $3215.93      | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Suncor Energy Inc              | Suncor Energy Inc                        | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |       225 | NS      | $9986.52      | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Sage Group PLC/The             | Sage Group PLC/The                       | CUSIP: N/A<br>LEI: 2138005RN5XYLTF8G138       | Long             | EC               | CORP              | GB        |      3290 | NS      | $48028.23     | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| National Grid PLC              | National Grid PLC                        | CUSIP: N/A<br>LEI: 8R95QZMKZLJX5Q2XR704       | Long             | EC               | CORP              | GB        |       572 | NS      | $8801.25      | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| BAE Systems PLC                | BAE Systems PLC                          | CUSIP: N/A<br>LEI: 8SVCSVKSGDWMW2QHOH83       | Long             | EC               | CORP              | GB        |      2245 | NS      | $51867.98     | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                    | PepsiCo Inc                              | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |       113 | NS      | $16217.76     | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The        | Sherwin-Williams Co/The                  | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |        16 | NS      | $5184.48      | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| HKT Trust & HKT Ltd            | HKT Trust & HKT Ltd                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | HK        |      3360 | NS      | $4969.18      | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp                    | Exelon Corp                              | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |       192 | NS      | $8369.28      | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |        71 | NS      | $46866.39     | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE          | Schneider Electric SE                    | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |        51 | NS      | $14078.76     | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| KDDI Corp                      | KDDI Corp                                | CUSIP: N/A<br>LEI: 5299003FU7V4I45FU310       | Long             | EC               | CORP              | JP        |       300 | NS      | $5187.37      | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Pro Medicus Ltd                | Pro Medicus Ltd                          | CUSIP: N/A<br>LEI: 98450085A903D1BMFF27       | Long             | EC               | CORP              | AU        |        15 | NS      | $2210.97      | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Inc          | Quest Diagnostics Inc                    | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |        15 | NS      | $2602.95      | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Solstice Advanced Materials In | Solstice Advanced Materials Inc          | CUSIP: 83443Q103<br>LEI: 2138004GZ4H9TW6HK435 | Long             | EC               | CORP              | US        |        62 | NS      | $3011.96      | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corp                     | Sysco Corp                               | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |        36 | NS      | $2652.84      | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co            | Vulcan Materials Co                      | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |        18 | NS      | $5133.96      | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Experian PLC                   | Experian PLC                             | CUSIP: N/A<br>LEI: 635400RXXHHYT1JTSZ26       | Long             | EC               | CORP              | IE        |        83 | NS      | $3762.51      | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Vinci SA                       | Vinci SA                                 | CUSIP: N/A<br>LEI: 213800WFQ334R8UXUG83       | Long             | EC               | CORP              | FR        |        29 | NS      | $4091.40      | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Sika AG                        | Sika AG                                  | CUSIP: N/A<br>LEI: 549300R3N69ECGYPU434       | Long             | EC               | CORP              | CH        |        20 | NS      | $4105.54      | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                        | CRH PLC                                  | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |        50 | NS      | $6240.00      | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J Gallagher & Co        | Arthur J Gallagher & Co                  | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |       170 | NS      | $43994.30     | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Labcorp Holdings Inc           | Labcorp Holdings Inc                     | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        11 | NS      | $2759.68      | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Group PLC              | Compass Group PLC                        | CUSIP: G23296208<br>LEI: 2138008M6MH9OZ6U2T68 | Long             | EC               | CORP              | GB        |       234 | NS      | $7456.51      | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Assa Abloy AB                  | Assa Abloy AB                            | CUSIP: N/A<br>LEI: 549300YECS8HKCIMMB67       | Long             | EC               | CORP              | SE        |       290 | NS      | $11305.16     | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                      | Adobe Inc                                | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |       148 | NS      | $51798.52     | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Co Inc    | American Water Works Co Inc              | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |        60 | NS      | $7830.00      | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK Inc                     | AMETEK Inc                               | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |        75 | NS      | $15398.25     | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                   | Autodesk Inc                             | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |       182 | NS      | $53873.82     | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                  | Blackrock Inc                            | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |        55 | NS      | $58868.70     | 3.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Corpay Inc                     | Corpay Inc                               | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |        13 | NS      | $3912.09      | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Aker BP ASA                    | Aker BP ASA                              | CUSIP: N/A<br>LEI: 549300NFTY73920OYK69       | Long             | EC               | CORP              | NO        |       330 | NS      | $8410.42      | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                        | Aon PLC                                  | CUSIP: N/A<br>LEI: 635400FALWQYX5E6QC64       | Long             | EC               | CORP              | GB        |       159 | NS      | $56107.92     | 3.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                       | Visa Inc                                 | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |       160 | NS      | $56113.60     | 3.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc           | Waste Management Inc                     | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |        19 | NS      | $4174.49      | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Var Energi ASA                 | Var Energi ASA                           | CUSIP: N/A<br>LEI: 549300LIVN3FFOJN2K47       | Long             | EC               | CORP              | NO        |      2625 | NS      | $8593.75      | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Holcim AG                      | Holcim AG                                | CUSIP: N/A<br>LEI: 529900EHPFPYHV6IQO98       | Long             | EC               | CORP              | CH        |        62 | NS      | $6086.50      | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Terna - Rete Elettrica Naziona | Terna - Rete Elettrica Nazionale         | CUSIP: N/A<br>LEI: 8156009E94ED54DE7C31       | Long             | EC               | CORP              | IT        |       807 | NS      | $8586.68      | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                             | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |       209 | NS      | $72334.90     | 4.53%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                     | FedEx Corp                               | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |        26 | NS      | $7510.36      | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills Inc              | General Mills Inc                        | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |       285 | NS      | $13252.50     | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresenius SE & Co KGaA         | Fresenius SE & Co KGaA                   | CUSIP: N/A<br>LEI: XDFJ0CYCOO1FXRFTQS51       | Long             | EC               | CORP              | DE        |        56 | NS      | $3223.43      | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The             | Home Depot Inc/The                       | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |        60 | NS      | $20646.00     | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc    | Honeywell International Inc              | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |       251 | NS      | $48967.59     | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                     | Intuit Inc                               | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |        73 | NS      | $48356.66     | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresenius Medical Care AG      | Fresenius Medical Care AG                | CUSIP: N/A<br>LEI: 549300CP8NY40UP89Q40       | Long             | EC               | CORP              | DE        |        49 | NS      | $2347.15      | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                 | Mastercard Inc                           | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       102 | NS      | $58229.76     | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Paint Holdings Co Ltd   | Nippon Paint Holdings Co Ltd             | CUSIP: N/A<br>LEI: 529900RYRJUN78A7PL87       | Long             | EC               | CORP              | JP        |       700 | NS      | $4681.12      | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-on Inc                    | Snap-on Inc                              | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |        29 | NS      | $9993.40      | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc          | Uber Technologies Inc                    | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |        63 | NS      | $5147.73      | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                   | Xylem Inc/NY                             | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |       104 | NS      | $14162.72     | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Techtronic Industries Co Ltd   | Techtronic Industries Co Ltd             | CUSIP: N/A<br>LEI: 549300HZW2SBE758OK89       | Long             | EC               | CORP              | HK        |       800 | NS      | $9241.01      | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Ahold Delhaize NV  | Koninklijke Ahold Delhaize NV            | CUSIP: N/A<br>LEI: 724500C9GNBV20UYRX36       | Long             | EC               | CORP              | NL        |       525 | NS      | $21514.07     | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| SoftBank Corp                  | SoftBank Corp                            | CUSIP: N/A<br>LEI: 353800M1YCTS9JRBJ535       | Long             | EC               | CORP              | JP        |      3300 | NS      | $4525.28      | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Pacific Kansas City L | Canadian Pacific Kansas City Ltd         | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |        74 | NS      | $5448.03      | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S               | Novo Nordisk A/S                         | CUSIP: N/A<br>LEI: 549300DAQ1CVT6CXN342       | Long             | EC               | CORP              | DK        |       374 | NS      | $19139.43     | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Industria de Diseno Textil SA  | Industria de Diseno Textil SA            | CUSIP: N/A<br>LEI: 549300TTCXZOGZM2EY83       | Long             | EC               | CORP              | ES        |       422 | NS      | $27940.91     | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc              | Cisco Systems Inc                        | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |       834 | NS      | $64243.02     | 4.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                   | Comcast Corp                             | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |       222 | NS      | $6635.58      | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Dover Corp                     | Dover Corp                               | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |        74 | NS      | $14447.76     | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                     | Ecolab Inc                               | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |        20 | NS      | $5250.40      | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Liquide SA                 | Air Liquide SA                           | CUSIP: N/A<br>LEI: 969500MMPQVHK671GT54       | Long             | EC               | CORP              | FR        |        27 | NS      | $5085.11      | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Alimentation Couche-Tard Inc   | Alimentation Couche-Tard Inc             | CUSIP: 01626P148<br>LEI: 549300OSW32RVX8CCZ87 | Long             | EC               | CORP              | CA        |       436 | NS      | $23811.56     | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc          | Republic Services Inc                    | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |        18 | NS      | $3814.74      | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-02-24

**Name of Applicant:** Themes ETF Trust

**Signature:** /s/ Dobromir Kamburov

**Name of Signer:** Dobromir Kamburov

**Title:** Treasurer