13F filer · CIK 1457320 ↗

Exchange Traded Concepts, LLC

You are looking at Q1 2025. See the latest, Q3 2026 →

Reported value

$5.84B

+16% on the quarter before

Positions

1,254

113 new · 253 sold out

Top 10

23.2%

of the value

Est. gain

−$186.3M

on stocks held all quarter

Est. return

−4.5%

on those stocks since Q4 2024

Filed

Apr 17, 2025

On SEC EDGAR ↗

Positions as of Mar 31, 2025, from Exchange Traded Concepts, LLC's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.

Portfolio at a glance

New
Added
Cut
Same
Options

The 24 largest positions, 38% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2024. Striped tiles are options.

Vanguard Index Fds3.4%

Nvidia2.6%Meta2.6%Apple2.6%Amazon2.2%Microsoft2.1%Alphabet2.1%Tesla2.0%

Ishares Bitcoin Trust ETFCALL2.0%

J P Morgan Exchange Traded F1.5%

Vanguard Bd Index Fds1.4%

Ishares Tr1.3%

Select Sector SPDR Tr1.1%

Ishares Tr1.1%

Vanguard Index Fds1.1%

Kinder Morgan1.0%

Oneok Inc New1.0%

Philip Morris Intl Inc1.0%

Williams Companies1.0%AT&T1.0%

SPDR S&P 500 ETF TrCALL1.0%

Enbridge Inc1.0%

Altria Group Inc1.0%

Cheniere Energy Inc0.9%

Vanguard Index Fds3.4%

Nvidia2.6%Meta2.6%Apple2.6%Amazon2.2%Microsoft2.1%Alphabet2.1%Tesla2.0%

Ishares Bitcoin Trust ETFCALL2.0%

J P Morgan Exchange Traded F1.5%

Vanguard Bd Index Fds1.4%

Ishares Tr1.3%

Select Sector SPDR Tr1.1%

Ishares Tr1.1%

Vanguard Index Fds1.1%

Kinder Morgan1.0%

Oneok Inc New1.0%

Philip Morris Intl Inc1.0%

Williams Companies1.0%AT&T1.0%

SPDR S&P 500 ETF TrCALL1.0%

Enbridge Inc1.0%

Altria Group Inc1.0%

Cheniere Energy Inc0.9%

Largest buys

Since Q4 2024, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.

Vanguard Index Fds~$195.2MAdded · 0.0% → 3.4%+379,831 shares
Tesla~$94.1MAdded · 0.7% → 2.0%+363,022 shares
Vanguard Bd Index Fds~$82.5MNew · 0.0% → 1.4%+1,655,384 shares
J P Morgan Exchange Traded F~$80.5MAdded · 0.2% → 1.5%+1,590,431 shares
Ishares Tr~$77.7MNew · 0.0% → 1.3%+1,532,455 shares
Ishares Tr~$58.4MAdded · 0.1% → 1.1%+2,479,316 shares
Ishares Bitcoin Trust ETFCALL~$44.3MAdded · 1.6% → 2.0%+946,600 underlying
Select Sector SPDR Tr~$44.3MNew · 0.0% → 0.8%+514,820 shares
SPDR S&P 500 ETF TrCALL~$43.3MAdded · 0.3% → 1.0%+77,400 underlying
SPDR S&P 500 ETF TrPUT~$34.3MAdded · 0.1% → 0.7%+61,300 underlying

Largest sells

Since Q4 2024, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.

Invesco Exch Traded Fd Tr Ii~$54.8MCut · 1.6% → 0.3%−283,720 shares
Select Sector SPDR Tr~$44.0MCut · 1.2% → 0.3%−558,122 shares
Target Corp~$23.4MCut · 0.6% → 0.0%−224,031 shares
Gilead Sciences Inc~$22.9MCut · 0.6% → 0.3%−204,674 shares
Select Sector SPDR Tr~$22.0MSold out · 0.4% → 0.0%−280,036 shares
Ishares Tr~$21.9MCut · 0.6% → 0.1%−163,017 shares
Meta~$15.4MCut · 3.4% → 2.6%−26,753 shares
Eli Lilly~$13.1MCut · 0.6% → 0.3%−15,854 shares
SPDR Ser Tr~$12.3MSold out · 0.2% → 0.0%−479,480 shares
Select Sector SPDR Tr~$12.2MCut · 0.6% → 0.3%−83,416 shares

Holdings

As of Mar 31, 2025. Changes are in shares against Dec 31, 2024, so a price move alone never reads as a buy or a sale.

Positions, sorted by share of the portfolio
#	Holding		% prev	Value	Shares		Price	Prev price
1	Vanguard Index FdsS&P 500 ETF SHS · shares +9,257% · price −4.6%	3.4%	0.04%	$197.3M	383,934	+9,257%	$513.91	$538.81	−4.6%	−$102,164
2	NvidiaCOM · shares +15% · price −19.3%	2.6%	3.3%	$154.7M	1.4M	+15%	$108.38	$134.29	−19.3%	−$32.3M
3	MetaCL A · shares −9.2% · price −1.6%	2.6%	3.4%	$152.7M	265,001	−9.2%	$576.36	$585.51	−1.6%	−$2.4M
4	AppleCOM · shares +3.1% · price −11.3%	2.6%	3.3%	$152.3M	685,783	+3.1%	$222.13	$250.42	−11.3%	−$18.8M
5	AmazonCOM · shares +8.0% · price −13.3%	2.2%	2.7%	$127.5M	670,148	+8.0%	$190.26	$219.39	−13.3%	−$18.1M
6	MicrosoftCOM · shares −7.3% · price −10.9%	2.1%	3.0%	$125.4M	334,137	−7.3%	$375.39	$421.50	−10.9%	−$15.4M
7	AlphabetCAP STK CL A · shares +9.7% · price −18.3%	2.1%	2.7%	$122.2M	790,182	+9.7%	$154.64	$189.30	−18.3%	−$25.0M
8	TeslaCOM · shares +402% · price −35.8%	2.0%	0.72%	$117.5M	453,214	+402%	$259.16	$403.84	−35.8%	−$13.0M
9	Ishares Bitcoin Trust ETFCALLSHS BEN INT · shares +61%	2.0%	1.6%	$116.7M	2.5Munderlying	+61%	—	—	—	—
10	J P Morgan Exchange Traded FULTRA SHRT ETF · shares +1,058% · price +0.5%	1.5%	0.15%	$88.1M	1.7M	+1,058%	$50.63	$50.37	+0.5%	+$39,080
11	Vanguard Bd Index FdsVANGUARD ULTRA · shares New	1.4%	—	$82.5M	1.7M	New	$49.85	—	—	—
12	Ishares TrULTRA SHORT-TERM · shares New	1.3%	—	$77.7M	1.5M	New	$50.70	—	—	—
13	Select Sector SPDR TrENERGY · shares +72% · price +9.1%	1.1%	0.71%	$66.8M	715,068	+72%	$93.45	$85.66	+9.1%	+$3.2M
14	Ishares TrLATN AMER 40 ETF · shares +769% · price +12.6%	1.1%	0.13%	$66.0M	2.8M	+769%	$23.55	$20.91	+12.6%	+$851,630
15	Vanguard Index FdsREAL ESTATE ETF · shares +53% · price +1.6%	1.1%	0.79%	$61.5M	679,651	+53%	$90.54	$89.08	+1.6%	+$649,937
16	Kinder MorganCOM · shares +2.6% · price +4.1%	1.0%	1.1%	$58.5M	2.0M	+2.6%	$28.53	$27.40	+4.1%	+$2.3M
17	Oneok Inc NewCOM · shares +22% · price −1.2%	1.00%	0.96%	$58.1M	585,993	+22%	$99.22	$100.40	−1.2%	−$567,939
18	Philip Morris Intl IncCOM · shares +127% · price +31.9%	0.99%	0.38%	$57.8M	364,272	+127%	$158.73	$120.35	+31.9%	+$6.2M
19	Williams CompaniesCOM · shares +1.2% · price +10.4%	0.99%	1.0%	$57.6M	963,707	+1.2%	$59.76	$54.12	+10.4%	+$5.4M
20	AT&TCOM · shares +23% · price +24.2%	0.97%	0.74%	$56.7M	2.0M	+23%	$28.28	$22.77	+24.2%	+$9.0M
21	SPDR S&P 500 ETF TrCALLTR UNIT · shares +334%	0.96%	0.27%	$56.3M	100,600underlying	+334%	—	—	—	—
22	Enbridge IncCOM · shares +6.7% · price +4.4%	0.95%	0.99%	$55.7M	1.3M	+6.7%	$44.31	$42.43	+4.4%	+$2.2M
23	Altria Group IncCOM · shares +31% · price +14.8%	0.95%	0.74%	$55.5M	924,704	+31%	$60.02	$52.29	+14.8%	+$5.5M
24	Cheniere Energy IncCOM NEW · shares +6.0% · price +7.7%	0.95%	0.96%	$55.3M	239,048	+6.0%	$231.40	$214.87	+7.7%	+$3.7M
25	Tc Energy CorpCOM · shares +7.9% · price +1.5%	0.90%	0.96%	$52.7M	1.1M	+7.9%	$47.21	$46.53	+1.5%	+$703,594
	Total · 1,254 positions	100%		$5.84B						−$186.3M

The filing on SEC EDGAR ↗

Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.

What made money

From Q4 2024 to Q1 2025: 1,136 stocks held throughout, down $186.3M (−4.5%).

AT&T+$9.0M+24%
Philip Morris Intl Inc+$6.2M+32%
Altria Group Inc+$5.5M+15%
Williams Companies+$5.4M+10%
Verizon Communications Inc+$3.9M+13%
Microsoft−$15.4M−11%
Amazon−$18.1M−13%
Apple−$18.8M−11%
Alphabet−$25.0M−18%
Nvidia−$32.3M−19%

Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 3 splits read into the share counts.

Reported value by quarter

The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.

$30.00B$15.00B$0

Q4 201928 quartersQ3 2026

Every quarter's filing

Each quarter's 13F filing, newest first
Quarter	Filed	Reported value	Positions	Filing
Q3 2026	Oct 28, 2026	$25.28B+16%	1,729	SEC ↗
Q2 2026	Aug 11, 2026 (amended)	$21.88B+55%	1,580	SEC ↗
Q1 2026	Apr 15, 2026	$14.12B+7%	1,521	SEC ↗
Q4 2025	Jan 14, 2026	$13.14B+12%	1,597	SEC ↗
Q3 2025	Oct 14, 2025	$11.76B+44%	1,445	SEC ↗
Q2 2025	Jul 10, 2025	$8.18B+40%	1,406	SEC ↗
Q1 2025	Apr 17, 2025	$5.84B+16%	1,254	SEC ↗
Q4 2024	Jan 21, 2025	$5.03B+18%	1,394	SEC ↗
Q3 2024	Oct 10, 2024	$4.28B+8%	1,321	SEC ↗
Q2 2024	Aug 13, 2024	$3.96B+2%	1,208	SEC ↗
Q1 2024	Apr 15, 2024	$3.88B+4%	1,232	SEC ↗
Q4 2023	Jan 5, 2024	$3.74B+6%	1,224	SEC ↗
Q3 2023	Oct 18, 2023	$3.53B−13%	1,309	SEC ↗
Q2 2023	Jul 20, 2023	$4.06B+11%	1,305	SEC ↗
Q1 2023	Apr 12, 2023	$3.65B+5%	1,132	SEC ↗
Q4 2022	Jan 27, 2023 (amended)	$3.49B+14%	1,169	SEC ↗
Q3 2022	Oct 7, 2022	$3.06B−11%	1,147	SEC ↗
Q2 2022	Jul 20, 2022	$3.44B−31%	1,210	SEC ↗
Q1 2022	Apr 26, 2022	$4.98B−3%	1,195	SEC ↗
Q4 2021	Jan 13, 2022	$5.16B+32%	1,172	SEC ↗
Q3 2021	Oct 18, 2021	$3.92B+24%	1,092	SEC ↗
Q2 2021	Jul 30, 2021	$3.16B+18%	1,093	SEC ↗
Q1 2021	Apr 20, 2021	$2.67B+24%	1,036	SEC ↗
Q4 2020	Jan 19, 2021	$2.15B+22%	990	SEC ↗
Q3 2020	Oct 30, 2020	$1.77B+193%	928	SEC ↗
Q2 2020	Jul 15, 2020	$602.9M+226%	754	SEC ↗
Q1 2020	Apr 14, 2020	$184.9M−61%	549	SEC ↗
Q4 2019	Jan 22, 2020	$478.5M	487	SEC ↗