Exchange Traded Concepts Trust (NUKZ) NPORT-P MUSQ Global Music Industry ETF (Jul 2023 report)

MUSQ Global Music Industry ETF

Schedule of Investments

July 31, 2023 (Unaudited)

Description	Shares		Fair Value
COMMON STOCK – 96.0%
Australia – 1.7%
Communication Services –  1.7% Southern Cross Media Group		176,793	$	111,984
China – 3.9%
Communication Services – 3.9% Cloud Music*		12,000		123,713
Tencent Music Entertainment Group ADR*		18,401		128,623
				252,336
Denmark – 0.9%
Consumer Discretionary – 0.9% Bang & Olufsen*		34,725		54,764
France – 0.8%
Communication Services – 0.8% Believe*		4,375		53,349
Germany – 2.7%
Communication Services – 1.8% CTS Eventim		1,738		118,902
Information Technology – 0.9% Cliq Digital		2,035		55,531
				174,433
Japan – 13.4%
Communication Services – 6.1%
Amuse		4,200		51,938
Avex		10,700		112,965
NexTone*		7,800		111,335
Stream Media*		47,200		112,618
				388,856
Consumer Discretionary – 7.3%
Roland		4,000		114,020
Sony Group ADR		2,497		233,719
Yamaha		3,200		123,874
				471,613
				860,469
Netherlands – 2.6%
Communication Services – 2.6% Universal Music Group		6,598		169,717
South Korea – 16.5%
Communication Services – 16.5%
CUBE ENTERTAINMENT*		6,767		110,691
Genie Music*		40,782		113,581
HYBE*		601		123,769
JYP Entertainment		1,179		126,165
Kakao		3,384		136,194
RBW*		23,282		89,500
SM Entertainment		1,271		130,226
YG Entertainment		2,030		121,196
YG PLUS*		27,026		113,434
				1,064,756

Description	Shares		Fair Value
Taiwan – 1.7%
Communication Services –  1.7% HIM International Music		34,156	$	111,946
United Kingdom – 1.0%
Consumer Discretionary –  1.0% Focusrite		8,474		62,148
United States – 50.8%
Communication Services –  29.8% Alphabet, Cl A*		3,702		491,330
Endeavor Group Holdings, Cl A*		5,503		129,871
iHeartMedia*		25,991		122,937
Live Nation Entertainment*		1,446		126,887
LiveOne*		33,730		65,099
Madison Square Garden Entertainment, Cl A*		3,393		118,212
Reservoir Media*		20,053		109,489
Sirius XM Holdings		24,721		126,077
Sphere Entertainment*		3,134		133,038
Spotify Technology*		843		125,953
Townsquare Media, Cl A		9,598		114,984
Vivid Seats, Cl A*		14,130		117,703
Warner Music Group, Cl A		4,416		139,325
				1,920,905
Consumer Discretionary –  10.4%
Amazon.com*		3,337		446,090
Sonos*		6,850		117,409
VOXX International, Cl A*		11,384		105,188
				668,687
Information Technology –  10.6%
Apple		2,315		454,782
Avid Technology*		4,585		109,306
Dolby Laboratories, Cl A		1,387		122,902
				686,990
				3,276,582
Total Common Stock (Cost $6,078,295)				6,192,484
EXCHANGE TRADED FUNDS – 3.6%
Hipgnosis Songs Fund Fund		116,821		117,391
Round Hill Music Royalty Fund		158,207		113,909
				231,300
Total Exchange Traded Funds (Cost $230,362)				231,300
Total Investments - 99.6% (Cost $6,308,657)			$	6,423,784

Percentages are based on net assets of $6,448,538.

* Non-income producing security.

ADR — American Depositary Receipt

Cl — Class

MUS-QH-001-0100