1y return+37.4%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2024: $141 against $127 in the S&P 500.2
Tema ETFs LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| RKLBRocket Lab Corp | $164.9M | 5.3% | +65542.6% |
| ECHOEchostar Corp | $156.2M | 5.0% | +83917.0% |
| ASTSAst Spacemobile Inc | $89.2M | 2.9% | +109486.8% |
| VSATViasat Inc | $86.7M | 2.8% | +229857.1% |
| POWLPowell Inds Inc | $76.9M | 2.5% | +5.8% |
| BELFBBel Fuse Inc | $67.6M | 2.2% | +52.2% |
| FLYFirefly Aerospace Inc | $67.1M | 2.2% | +133440.2% |
| LUNRIntuitive Machines Inc | $66.4M | 2.1% | +139768.2% |
| PLPlanet Labs Pbc | $52.7M | 1.7% | +75804.6% |
| CATCaterpillar Inc | $51.7M | 1.7% | +17.1% |
| YSSYork Space Systems Inc | $46.9M | 1.5% | +164099.8% |
| PWRQuanta Svcs Inc | $45.1M | 1.5% | +58.1% |
| VOYGVoyager Technologies Inc | $43.6M | 1.4% | +125688.6% |
| GEVGe Vernova Inc | $43.1M | 1.4% | +37.9% |
| NEENextera Energy Inc | $42.4M | 1.4% | +39.0% |
| APHAmphenol Corp | $41.0M | 1.3% | +84.0% |
| BKSYBlacksky Technology Inc | $40.4M | 1.3% | +110505.8% |
| VPGVishay Precision Group Inc | $39.6M | 1.3% | +108291.4% |
| NVDANvidia Corporation | $38.8M | 1.3% | +10.8% |
| AEISAdvanced Energy Inds | $36.0M | 1.2% | +151.1% |
| AEPAmerican Elec Pwr Co Inc | $35.7M | 1.2% | +44.0% |
| BEBloom Energy Corp | $34.3M | 1.1% | +60.8% |
| OGEOge Energy Corp | $32.7M | 1.1% | +106.1% |
| LPTHLightpath Technologies Inc | $32.5M | 1.0% | +129258.4% |
| SPCXSpace Exploration Techn Corp | $32.0M | 1.0% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| BELFBBel Fuse Inc | December 31, 2024 | +303.8% | $67.6M |
| POWLPowell Inds Inc | December 31, 2024 | +287.6% | $76.9M |
| AMDAdvanced Micro Devices Inc | September 30, 2025 | +259.1% | $20.1M |
| GEVGe Vernova Inc | December 31, 2024 | +257.2% | $43.1M |
| VRTVertiv Holdings Co | December 31, 2024 | +194.7% | $22.5M |
| CATCaterpillar Inc | December 31, 2024 | +193.6% | $51.7M |
| AEISAdvanced Energy Inds | June 30, 2025 | +181.4% | $36.0M |
| APHAmphenol Corp | December 31, 2024 | +153.9% | $41.0M |
| CGNXCognex Corp | June 30, 2025 | +128.3% | $23.2M |
| PWRQuanta Svcs Inc | December 31, 2024 | +127.8% | $45.1M |
Sold off last quarter
- Honeywell Intl IncCUSIP 438516106 was $8.6M
- CMPXCompass Therapeutics Inc was $731K
- ALLOAllogene Therapeutics Inc was $535K
- CTRACoterra Energy Inc was $485K
- Dupont De Nemours IncCUSIP 26614N102 was $433K
- SLSSellas Life Sciences Group I was $381K
- Hologic IncCUSIP 436440101 was $251K
- EPAMEpam Sys Inc was $121K
- Digitalbridge Group IncCUSIP 25401T603 was $30K
- KRMNKarman Hldgs Inc was $13K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +16.1% | +14.8% |
| March 31, 2026 | +3.6% | −4.6% |
| December 31, 2025 | +3.8% | +2.4% |
| September 30, 2025 | +10.1% | +7.8% |
| June 30, 2025 | +10.7% | +10.5% |
| March 31, 2025 | −7.1% | −4.6% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Tema ETFs LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2056807&type=13F-HR&dateb=&owner=include&count=40CIK 2056807
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/2056807/000200032426002853/Filed July 10, 2026 · accession 0002000324-26-002853