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          0001782952
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      Esoterica Thematic Trust
      811-23473
      0001782952
      549300CHSJ5YAJB7M461
      675 W 59th Street, Suite 903
      NULL
      New York
      
      10069
      914-953-8811
      Esoterica NextG Economy ETF
      S000067057
      549300VF7SEEQHEHPX94
      2021-10-31
      2021-07-31
      N
    
    
      50558919.27
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      50399563.05
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        ADYEN NV /EUR/
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        567411.82000000
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        MONGODB INC
        549300TPTG69WKWE1Z37
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        2.354364697215
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        N
        
        1
        
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        ELASTIC NV
        2549003I48WHHH937I59
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        N14506104
        
          
        
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        1505177.96000000
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        SNOWFLAKE INC-CLASS A
        254900CJNSY1K7T53Z16
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        833445109
        
          
        
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        ADVANCED MICRO DEVICES
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        AMAZON.COM INC
        ZXTILKJKG63JELOEG630
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        023135106
        
          
        
        520.00000000
        NS
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        1730346.80000000
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        N
        
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        MICROSOFT CORP
        INR2EJN1ERAN0W5ZP974
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        594918104
        
          
        
        7032.00000000
        NS
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        2003487.12000000
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        SERVICENOW INC
        549300HJTQM36M0E1G39
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        2.415735606263
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        1
        
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        ALPHABET INC-CL C
        5493006MHB84DD0ZWV18
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        1
        
          N
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        CLOUDFLARE INC - CLASS A
        5493007DY18BGNLDWU14
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        18915M107
        
          
        
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        1.874558553340
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        TAIWAN SEMICONDUCTOR MAN /TWD/
        549300KB6NK5SBD14S87
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        97000.00000000
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        2011800.46000000
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        FACEBOOK INC-CLASS A
        BQ4BKCS1HXDV9HN80Z93
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        30303M102
        
          
        
        4626.00000000
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        1648243.80000000
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        1
        
          N
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        MEDIATEK INC /TWD/
        254900UEGBK1I4DM4E14
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        38000.00000000
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        1236545.68000000
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        MARVELL TECHNOLOGY INC
        N/A
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        50258.00000000
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        3041111.58000000
        6.034003860277
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          N
          N
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        TWILIO INC - A
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        4100.00000000
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        1531719.00000000
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        PINDUODUO INC-ADR
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        722304102
        
          
        
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        505778.81000000
        1.003538085237
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        KY
        
        N
        
        1
        
          N
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        DATADOG INC - CLASS A
        549300F6JNO0KRPO1K63
        DATADOG INC - CLASS A 0.00000000
        23804L103
        
          
        
        7773.00000000
        NS
        USD
        860471.10000000
        1.707298730241
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
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        BILIBILI INC-SPONSORED ADR
        5493008V60M52L3PIS45
        BILIBILI INC-SPONSORED ADR 0.00000000
        090040106
        
          
        
        19023.00000000
        NS
        USD
        1627988.34000000
        3.230163599602
        Long
        EC
        CORP
        KY
        
        N
        
        1
        
          N
          N
          N
        
      
      
        PAYPAL HOLDINGS INC
        5493005X2GO78EFZ3E94
        PAYPAL HOLDINGS INC 0.00000000
        70450Y103
        
          
        
        3070.00000000
        NS
        USD
        845877.10000000
        1.678342129991
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AGORA INC-ADR
        5493001S8SBPD13GC964
        AGORA INC-ADR 0.00000000
        00851L103
        
          
        
        21595.00000000
        NS
        USD
        681970.10000000
        1.353127008905
        Long
        EC
        CORP
        KY
        
        N
        
        1
        
          N
          N
          N
        
      
      
        ZOOM VIDEO COMMUNICATIONS-A
        549300T9GCHU0ODOM055
        ZOOM VIDEO COMMUNICATIONS-A 0.00000000
        98980L101
        
          
        
        814.00000000
        NS
        USD
        307773.40000000
        0.610666802199
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SEA LTD-ADR
        529900OM6JLLW44YKI15
        SEA LTD-ADR 0.00000000
        81141R100
        
          
        
        14304.00000000
        NS
        USD
        3950192.64000000
        7.837751760032
        Long
        EC
        CORP
        KY
        
        N
        
        1
        
          N
          N
          N
        
      
      
        BAIDU INC
        254900AL64IANZYI1E02
        BAIDU INC SPON ADR /1 ADR REPRESENTS 1 ORD SHR/ 0.00000000
        056752108
        
          
        
        2171.00000000
        NS
        USD
        356065.71000000
        0.706485708312
        Long
        EC
        CORP
        KY
        
        N
        
        1
        
          N
          N
          N
        
      
      
        NXP SEMICONDUCTORS NV
        724500M9BY5293JDF951
        NXP SEMICONDUCTORS NV 0.00000000
        N6596X109
        
          
        
        5283.00000000
        NS
        USD
        1090358.37000000
        2.163428220435
        Long
        EC
        CORP
        NL
        
        N
        
        1
        
          N
          N
          N
        
      
      
        WEIMOB INC /HKD/
        254900SW0TNGAGYUTV05
        WEIMOB INC /HKD/ 144A 0.00000000
        G9T20A106
        
          
        
        72000.00000000
        NS
        
        97282.27000000
        0.193022050416
        Long
        EC
        CORP
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        Y
        
        1
        
          N
          N
          N
        
      
      
        QUALCOMM INC
        H1J8DDZKZP6H7RWC0H53
        QUALCOMM INC 0.00000000
        747525103
        
          
        
        19535.00000000
        NS
        USD
        2926343.00000000
        5.806286449540
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SQUARE INC - A
        549300OHIIUWSTIZME52
        SQUARE INC - A 0.00000000
        852234103
        
          
        
        2409.00000000
        NS
        USD
        595649.34000000
        1.181854174825
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        COUPA SOFTWARE INC
        549300Q95ICR2GFL2K37
        COUPA SOFTWARE INC 0.00000000
        22266L106
        
          
        
        664.00000000
        NS
        USD
        144088.00000000
        0.285891367464
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TENCENT HOLDINGS LTD /HKD/
        254900N4SLUMW4XUYY11
        TENCENT HOLDINGS LTD /HKD/ 0.00000000
        G87572163
        
          
        
        10692.00000000
        NS
        
        659031.81000000
        1.307614134166
        Long
        EC
        CORP
        KY
        
        N
        
        1
        
          N
          N
          N
        
      
      
        NETFLIX INC
        549300Y7VHGU0I7CE873
        NETFLIX INC 0.00000000
        64110L106
        
          
        
        1965.00000000
        NS
        USD
        1017025.05000000
        2.017924339921
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NVIDIA CORP
        549300S4KLFTLO7GSQ80
        NVIDIA CORP 0.00000000
        67066G104
        
          
        
        21052.00000000
        NS
        USD
        4104929.48000000
        8.144771961470
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CHINA YOUZAN LTD /HKD/
        254900SU8V2QDTPJ9R43
        CHINA YOUZAN LTD /HKD/ 0.00000000
        G2164J109
        
          
        
        492000.00000000
        NS
        
        70274.86000000
        0.139435454887
        Long
        EC
        CORP
        BM
        
        N
        
        1
        
          N
          N
          N
        
      
      
        MEITUAN-CLASS B /HKD/
        21380033K525E5JLIA77
        MEITUAN-CLASS B /HKD/ 144A 0.00000000
        G59669104
        
          
        
        74308.00000000
        NS
        
        2055824.07000000
        4.079051375823
        Long
        EC
        CORP
        KY
        
        Y
        
        1
        
          N
          N
          N
        
      
      
        SPLUNK INC
        549300XGDSGBP6UEI867
        SPLUNK INC 0.00000000
        848637104
        
          
        
        3963.00000000
        NS
        USD
        562666.74000000
        1.116411940797
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        WORKDAY INC-CLASS A
        549300J0DYC0N31V7G13
        WORKDAY INC-CLASS A 0.00000000
        98138H101
        
          
        
        4331.00000000
        NS
        USD
        1015186.40000000
        2.014276193213
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ZSCALER INC
        529900MZ0RTK1BWRNF46
        ZSCALER INC 0.00000000
        98980G102
        
          
        
        2626.00000000
        NS
        USD
        619499.66000000
        1.229176648586
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
    
    
      2021-08-30
      Esoterica Thematic Trust
      Monique Labbe
      Monique Labbe
      Principal Financial Officer
    
  
  XXXX

ESOTERICA THEMATIC TRUST

Esoterica NextG Economy ETF

SCHEDULE OF INVESTMENTS

July 31, 2021 (unaudited)

Security Description	Country	Shares		Value
Common Stocks – 100.0%
Entertainment – 13.1%
Bilibili, Inc., ADR^(a)	China		19,023	$	1,627,988
Netflix, Inc.^(a)	United States		1,965		1,017,025
Sea Ltd., ADR^(a)	Singapore		14,304		3,950,193
					6,595,206
Interactive Media & Services – 9.6%
Alphabet, Inc. Class C^(a)	United States		806		2,179,762
Baidu, Inc., ADR^(a)	China		2,171		356,066
Facebook, Inc. Class A^(a)	United States		4,626		1,648,244
Tencent Holdings Ltd.	China		10,692		659,032
					4,843,104
Internet & Direct Marketing Retail – 8.5%
Amazon.com, Inc.^(a)	United States		520		1,730,347
Meituan Class B^(a),(b)	China		74,308		2,055,824
Pinduoduo, Inc., ADR^(a)	China		5,521		505,779
					4,291,950
IT Services – 10.2%
Adyen NV^(a),(b)	Netherlands		209		567,412
MongoDB, Inc. Class A^(a)	United States		3,306		1,186,590
PayPal Holdings, Inc.^(a)	United States		3,070		845,877
Snowflake, Inc. Class A^(a)	United States		1,547		411,069
Square, Inc. Class A^(a)	United States		2,409		595,649
Twilio, Inc. Class A^(a)	United States		4,100		1,531,719
					5,138,316
Semiconductors & Semiconductor Equipment – 38.7%
Advanced Micro Devices, Inc.^(a)	United States		47,729		5,068,342
Marvell Technology, Inc.	United States		50,258		3,041,112
MediaTek, Inc.	Taiwan		38,000		1,236,546
NVIDIA Corp.	United States		21,052		4,104,929
NXP Semiconductors NV	Netherlands		5,283		1,090,358
QUALCOMM, Inc.	United States		19,535		2,926,343
Taiwan Semiconductor Manufacturing Co. Ltd.	Taiwan		97,000		2,011,800
					19,479,430
Software – 19.9%
Agora, Inc., ADR^(a)	China		21,595		681,970

ESOTERICA THEMATIC TRUST

Esoterica NextG Economy ETF

SCHEDULE OF INVESTMENTS

July 31, 2021 (unaudited)

Security Description	Country	Shares		Value
Software – 19.9% (continued)
China Youzan Ltd.^(a)	Hong Kong		492,000	$	70,275
Cloudflare, Inc. Class A^(a)	United States		7,964		944,769
Coupa Software, Inc.^(a)	United States		664		144,088
Datadog, Inc. Class A^(a)	United States		7,773		860,471
Elastic NV^(a)	United States		10,166		1,505,178
Microsoft Corp.	United States		7,032		2,003,488
ServiceNow, Inc.^(a)	United States		2,071		1,217,520
Splunk, Inc.^(a)	United States		3,963		562,667
Weimob, Inc.^(a),(b)	China		72,000		97,282
Workday, Inc. Class A^(a)	United States		4,331		1,015,186
Zoom Video Communications, Inc. Class A^(a)	United States		814		307,773
Zscaler, Inc.^(a)	United States		2,626		619,500
					10,030,167

Total Common Stocks (Cost $45,034,393)					50,378,173

		Principal
Short-Term Investments – 0.1%
Time Deposits – 0.1%
Sumitomo, Tokyo, 0.005%, 08/02/2021^(c)		$	47,722		47,722
Total Time Deposits					47,722
Total Short-Term Investments (Cost $47,722)					47,722
Total Investments – 100.1% (Cost $45,082,115)					50,425,895
Liabilities, less cash and other assets – (0.1)%					(26,316	)
Net Assets – 100.0%				$	50,399,579

ADR -

American Depositary Receipt

(a)	Non-income producing security.

(b)

Restricted security that may be sold to “qualified institutional buyers” pursuant to the conditions of Rule 144A under the Securities Act of 1933, as amended. This security has been deemed liquid pursuant to guidelines approved by the Board of Trustees, unless otherwise noted. At July 31, 2021, the aggregate value of these securities amounted to $2,720,518 or 5.4% of net assets.

(c)

Time deposits bear interest at a variable rate that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution between and among the interest rates paid by each eligible Institution on their respective deposits, and the weighted average distribution of interest rates on the deposits. The rate shown is as of July 31, 2021.

ESOTERICA THEMATIC TRUST

Esoterica NextG Economy ETF

SCHEDULE OF INVESTMENTS

July 31, 2021 (unaudited)

Summary of Investments by Sector^
Information Technology	68.8	%
Communication Services	22.7
Consumer Discretionary	8.5
Short-Term Investments	0.1
Liabilities, less cash and other assets	(0.1	)
	100.0	%

As a percentage of net assets.

ESOTERICA THEMATIC TRUST

Esoterica NextG Economy ETF

NOTES TO SCHEDULE OF INVESTMENTS

July 31, 2021 (unaudited)

Investment Valuation

Generally, securities traded or dealt in upon one or more securities exchanges (whether domestic or foreign) for which market quotations are readily available and not subject to restrictions against resale shall be valued at the last quoted sales price on the primary exchange or, in the absence of a sale on the primary exchange, at the mean between the current bid and ask prices on such exchange. Securities primarily traded in the National Association of Securities Dealers’ Automated Quotation System (“NASDAQ”) National Market System for which market quotations are readily available shall be valued using the NASDAQ Official Closing Price. Securities that are not traded or dealt in any securities exchange (whether domestic or foreign) and for which over-the-counter market quotations are readily available generally shall be valued at the last sale price or, in the absence of a sale, at the mean between the current bid and ask price on such over-the-counter market.

If market quotations are not readily available, securities or other assets will be valued at their fair market value as determined in good faith by Esoterica Capital LLC (the “Adviser”) in accordance with procedures approved by the Board of Trustees (the “Board”) and evaluated by the Board as to the reliability of the fair value method used. In these cases, Esoterica NextG Economy ETF’s (the “Fund”) net asset value (“NAV”) will reflect certain portfolio securities’ fair value rather than their market price. Fair value pricing involves subjective judgments and it is possible that the fair value determined for a security or other asset may be materially different than the value that could be realized upon the sale of that security or other asset. The fair value prices can differ from market prices when they become available or when a price becomes available. The Board has delegated execution of these procedures to a fair value committee. The committee may also enlist third party consultants such as an audit firm or financial officer of a security issuer on an as-needed basis to assist in determining a security-specific fair value. The Board reviews and ratifies the execution of this process and the resultant fair value prices at least quarterly to assure the process produces reliable results.

The Fund may use independent pricing services to assist in calculating the value of the Fund’s securities or other assets. In addition, market prices for foreign securities are not determined at the same time of day as the NAV for the Fund. Because the Fund may invest in securities primarily listed on foreign exchanges, and these exchanges may trade on weekends or other days when the Fund does not price its shares, the value of some of the Fund’s portfolio securities may change on days when you may not be able to buy or sell Fund shares.

In computing the NAV, the Fund values foreign securities held by the Fund at the latest closing price on the exchange in which they are traded immediately prior to closing of the New York Stock Exchange. Prices of foreign securities quoted in foreign currencies are translated into U.S. dollars at current rates. If events materially affecting the value of a security in the Fund’s portfolio, particularly foreign securities, occur after the close of trading on a foreign market but before the Fund prices its Shares, the security will be valued at fair value. For example, if trading in a portfolio security is halted and does not resume before the Fund calculates its NAV, the Adviser may need to price the security using the Fund’s fair value pricing guidelines. Without a fair value price, short-term traders could take advantage of the arbitrage opportunity and dilute the NAV of long-term investors. Fair valuation of the Fund’s portfolio securities can serve to reduce arbitrage opportunities available to short-term traders, but there is no assurance that fair value pricing policies will prevent dilution of the Fund’s NAV by short term traders. The determination of fair value involves subjective judgments. As a result, using fair value to price a security may result in a price materially different from the prices used by other funds to determine net asset value, or from the price that may be realized upon the actual sale of the security.

ESOTERICA THEMATIC TRUST

Esoterica NextG Economy ETF

NOTES TO SCHEDULE OF INVESTMENTS

July 31, 2021 (unaudited)

With respect to any portion of the Fund’s assets that are invested in one or more open-end management investment companies registered under the 1940 Act, the Fund’s net asset value is calculated based upon the net asset values of those open-end management investment companies, and the prospectuses for these companies explain the circumstances under which those companies will use fair value pricing and the effects of using fair value pricing.

Various inputs are used in determining the value of the Fund’s investments. The three levels defined by the hierarchy are as follows:

	○	Level 1 — unadjusted quoted prices in active markets for identical assets that the Fund has the ability to access

	○	Level 2 — other significant inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)

○

Level 3 — significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of assets and liabilities)

The inputs or methodology used for valuing assets and liabilities are not necessarily an indication of the risk associated with investing in those assets and liabilities.

The following table summarizes the valuation of the Fund’s assets and liabilities under the fair value hierarchy levels as of July 31, 2021:

	Level 1		Level 2		Level 3		Total
Assets
Common Stocks*	$	50,378,173	$	–	$	–	$	50,378,173
Short-Term Investments
Time Deposits		47,722		–		–		47,722
Total Assets	$	50,425,895	$	–	$	–	$	50,425,895

Please refer to the Schedule of Investments for further breakout of each security by country and industry type.