Exchange Traded Concepts Trust (NUKZ) NPORT-P MUSQ Global Music Industry ETF (Jan 2024 report)

MUSQ Global Music Industry ETF

Schedule of Investments

January 31, 2024 (Unaudited)

Description	Shares		Fair Value
COMMON STOCK – 97.6%
Australia – 1.0%
Communication Services – 1.0%
Southern Cross Media Group		231,451	$	157,591
China – 4.6%
Communication Services – 4.6%
Cloud Music*		29,650		329,792
Tencent Music Entertainment Group ADR*		41,306		388,277
				718,069
France – 1.0%
Communication Services – 1.0%
Believe*		13,308		157,568
Germany – 3.1%
Communication Services – 2.3%
CTS Eventim		5,285		360,811
Information Technology – 0.8%
Cliq Digital		6,180		129,561
				490,372
Japan – 13.6%
Communication Services – 5.4%
Amuse		14,200		154,847
Avex		34,400		333,940
Stream Media*		253,000		354,814
				843,601
Consumer Discretionary – 8.2%
Roland		10,200		344,012
Sony Group ADR		6,325		618,269
Yamaha		14,900		332,912
				1,295,193
				2,138,794
Netherlands – 2.9%
Communication Services – 2.9%
Universal Music Group		15,459		459,606
South Korea – 18.5%
Communication Services – 18.5%
CUBE ENTERTAINMENT*		22,117		324,136
Genie Music*		129,826		321,002
HYBE*		2,090		315,540
JYP Entertainment		5,369		302,915
Kakao		8,759		344,546
RBW*		113,869		317,808
SM Entertainment		5,561		317,914
YG Entertainment*		10,191		339,026
YG PLUS*		103,196		322,427
				2,905,314
Taiwan – 2.1%
Communication Services – 2.1%
HIM International Music*		96,304		332,300

Description	Shares		Fair Value
United Kingdom – 2.1%
Consumer Discretionary – 2.1%
Focusrite		49,106	$	325,176
United States – 48.7%
Communication Services – 29.7%
Alphabet, Cl A*		7,609		1,066,021
Endeavor Group Holdings, Cl A		15,250		377,437
Live Nation Entertainment*		4,141		367,928
LiveOne*		109,781		156,987
Madison Square Garden Entertainment, Cl A*		9,951		331,766
Reservoir Media*		21,128		147,896
Sirius XM Holdings		69,772		355,139
Sphere Entertainment*		10,704		378,708
Spotify Technology*		2,050		441,468
Townsquare Media, Cl A		31,213		335,228
Vivid Seats, Cl A*		56,665		325,257
Warner Music Group, Cl A		10,211		372,599
				4,656,434
Consumer Discretionary – 10.0%
Amazon.com*		7,112		1,103,783
Sonos*		20,918		325,902
VOXX International, Cl A*		16,774		140,063
				1,569,748
Information Technology – 9.0%
Apple		5,790		1,067,676
Dolby Laboratories, Cl A		4,092		340,372
				1,408,048
				7,634,230
Total Common Stock
(Cost $15,147,149)				15,319,020
EXCHANGE-TRADED FUND – 2.1%
Hipgnosis Songs Fund		366,791		322,292
Total Exchange-Traded Fund
(Cost $350,604)				322,292
SHORT-TERM INVESTMENT – 0.3%
Invesco Government & Agency Portfolio, Institutional Class 5.24%(A)		49,468		49,468
Total Short-Term Investment
(Cost $49,468)				49,468
Total Investments - 100.0%
(Cost $15,547,221)			$	15,690,780

Percentages are based on net assets of $15,696,453.

*	Non-income producing security.
(A)	Rate shown is the 7-day effective yield as of January 31, 2024.

ADR — American Depositary Receipt

Cl — Class

MUS-QH-001-0200