Main Thematic Innovation ETF (TMAT) Holdings
TMAT holdings summary
as of Oct 25, 2026- Holdings
- 84 positions listed
- Top 10 weight
- 29.9% of net assets
- Effective holdings
- 55 equal-weight equivalent
- Largest holding
- PANW 4.99% Palo Alto Networks, Inc.
- Annual turnover
- 54.4% of the portfolio traded
All TMAT holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | PANW | Palo Alto Networks, Inc. | Technology | 4.99% | $12.0M | $279.76B | 855.0 |
| 2 | MU | Micron Technology, Inc. | Technology | 4.66% | $11.3M | $994.34B | 11.8 |
| 3 | RBRK | Rubrik, Inc. | Technology | 3.36% | $8.1M | $23.14B | — |
| 4 | HNGE | Hinge Health, Inc. | Healthcare | 3.09% | $7.5M | $8.00B | 32.7 |
| 5 | FTNT | Fortinet, Inc. | Technology | 3.01% | $7.3M | $124.09B | 59.8 |
| 6 | LITE | Lumentum Holdings Inc. | Technology | 2.22% | $5.4M | $74.65B | — |
| 7 | NET | Cloudflare, Inc. | Technology | 2.20% | $5.3M | $105.51B | — |
| 8 | VRNS | Varonis Systems, Inc. | Technology | 2.20% | $5.3M | $5.60B | — |
| 9 | AMD | Advanced Micro Devices, Inc. | Technology | 2.14% | $5.2M | $863.17B | 134.9 |
| 10 | YOU | Clear Secure, Inc. | Technology | 2.06% | $5.0M | $4.52B | 29.5 |
| 11 | BSY | Bentley Systems, Incorporated | Technology | 2.02% | $4.9M | $10.69B | 38.9 |
| 12 | KEYS | Keysight Technologies, Inc. | Technology | 2.01% | $4.9M | $56.39B | 44.8 |
| 13 | VICR | Vicor Corporation | Technology | 1.82% | $4.4M | $8.83B | 61.2 |
| 14 | ADSK | Autodesk, Inc. | Technology | 1.77% | $4.3M | $50.14B | 31.1 |
| 15 | VCYT | Veracyte, Inc. | Healthcare | 1.69% | $4.1M | $3.47B | 30.8 |
| 16 | ERO | Ero Copper Corp | Basic Materials | 1.63% | $3.9M | — | — |
| 17 | FFIV | F5, Inc. | Technology | 1.61% | $3.9M | $25.03B | 35.2 |
| 18 | BB | BlackBerry Ltd | Technology | 1.56% | $3.8M | — | — |
| 19 | HAE | Haemonetics Corporation | Healthcare | 1.56% | $3.8M | $5.38B | 57.1 |
| 20 | HBM | HudBay Minerals Inc | Basic Materials | 1.55% | $3.7M | — | — |
| 21 | VEEV | Veeva Systems Inc. | Healthcare | 1.43% | $3.5M | $50.25B | 50.9 |
| 22 | TER | Teradyne, Inc. | Technology | 1.39% | $3.4M | $50.81B | 44.6 |
| 23 | MRVL | Marvell Technology, Inc. | Technology | 1.38% | $3.3M | $204.75B | 72.3 |
| 24 | TWST | Twist Bioscience Corporation | Healthcare | 1.36% | $3.3M | $8.80B | — |
| 25 | AAON | AAON, Inc. | Industrials | 1.34% | $3.2M | $6.08B | 38.8 |
| 26 | ESI | Element Solutions Inc | Basic Materials | 1.32% | $3.2M | $8.54B | 47.4 |
| 27 | GH | Guardant Health, Inc. | Healthcare | 1.27% | $3.1M | $21.28B | — |
| 28 | ADPT | Adaptive Biotechnologies Corporation | Healthcare | 1.25% | $3.0M | $3.83B | — |
| 29 | ITT | ITT Inc. | Industrials | 1.23% | $3.0M | $17.83B | 38.8 |
| 30 | AZZ | AZZ Inc. | Industrials | 1.22% | $2.9M | $3.89B | 23.3 |
| 31 | VST | Vistra Corp. | Utilities | 1.17% | $2.8M | $51.02B | 25.6 |
| 32 | GEV | GE Vernova Inc. | Industrials | 1.15% | $2.8M | $245.35B | 26.4 |
| 33 | STX | Seagate Technology Holdings plc | Technology | 1.13% | $2.7M | $145.31B | 46.0 |
| 34 | GNRC | Generac Holdings Inc. | Industrials | 1.12% | $2.7M | $11.38B | 44.3 |
| 35 | GEN | Gen Digital Inc. | Technology | 1.10% | $2.6M | $14.46B | 14.1 |
| 36 | ROK | Rockwell Automation, Inc. | Industrials | 1.08% | $2.6M | $47.43B | 39.9 |
| 37 | TSM | Taiwan Semiconductor Manufacturing Company Limited | Technology | 1.07% | $2.6M | $2.14T | 26.7 |
| 38 | VRT | Vertiv Holdings Co | Industrials | 1.07% | $2.6M | $79.47B | 46.7 |
| 39 | WWD | Woodward, Inc. | Industrials | 1.06% | $2.6M | $19.40B | 36.5 |
| 40 | AEIS | Advanced Energy Industries, Inc. | Industrials | 1.03% | $2.5M | $9.53B | 44.1 |
| 41 | RBC | RBC Bearings Incorporated | Industrials | 1.02% | $2.5M | $15.78B | 49.3 |
| 42 | MTRN | Materion Corporation | Basic Materials | 1.02% | $2.5M | $5.11B | 57.2 |
| 43 | STLD | Steel Dynamics, Inc. | Basic Materials | 1.01% | $2.4M | $34.48B | 21.8 |
| 44 | ADI | Analog Devices, Inc. | Technology | 0.98% | $2.4M | $191.62B | 47.0 |
| 45 | CIEN | Ciena Corporation | Technology | 0.94% | $2.3M | $47.18B | 74.4 |
| 46 | VIAV | Viavi Solutions Inc. | Technology | 0.91% | $2.2M | $8.21B | — |
| 47 | ONTO | Onto Innovation Inc. | Technology | 0.90% | $2.2M | $10.83B | 83.0 |
| 48 | ZS | Zscaler, Inc. | Technology | 0.90% | $2.2M | $33.81B | — |
| 49 | AXON | Axon Enterprise, Inc. | Industrials | 0.88% | $2.1M | $31.71B | 161.9 |
| 50 | CEG | Constellation Energy Corporation | Utilities | 0.87% | $2.1M | $96.15B | 26.5 |
| 51 | WDC | Western Digital Corporation | Technology | 0.85% | $2.1M | $124.28B | 12.3 |
| 52 | MYRG | MYR Group Inc. | Industrials | 0.85% | $2.1M | $4.36B | 26.6 |
| 53 | Q | Qnity Electronics, Inc. | Technology | 0.83% | $2.0M | $24.15B | 41.2 |
| 54 | MOD | Modine Manufacturing Company | Consumer Cyclical | 0.81% | $1.9M | $7.91B | 56.0 |
| 55 | KAI | Kadant Inc. | Industrials | 0.79% | $1.9M | $3.12B | 28.4 |
| 56 | TRMB | Trimble Inc. | Technology | 0.78% | $1.9M | $13.86B | — |
| 57 | IPGP | IPG Photonics Corporation | Technology | 0.76% | $1.8M | $3.02B | 109.2 |
| 58 | BWXT | BWX Technologies, Inc. | Industrials | 0.75% | $1.8M | $12.55B | 35.5 |
| 59 | GRMN | Garmin Ltd. | Technology | 0.73% | $1.8M | $54.92B | 29.4 |
| 60 | ONDS | Ondas Holdings Inc. | Information Technology | 0.73% | $1.8M | $3.52B | — |
| 61 | CZN | Crane Co | Other | 0.72% | $1.7M | — | — |
| 62 | FLY | Firefly Aerospace Inc. | Industrials | 0.69% | $1.7M | $2.80B | — |
| 63 | A | Agilent Technologies, Inc. | Healthcare | 0.69% | $1.7M | $48.77B | 34.1 |
| 64 | DXCM | DexCom, Inc. | Healthcare | 0.64% | $1.5M | $32.47B | 34.1 |
| 65 | MTD | Mettler-Toledo International Inc. | Healthcare | 0.62% | $1.5M | $32.51B | 36.6 |
| 66 | CENX | Century Aluminum Company | Basic Materials | 0.61% | $1.5M | $3.47B | 6.1 |
| 67 | VOYG | Voyager Technologies, Inc. | Industrials | 0.57% | $1.4M | $1.55B | — |
| 68 | CSW | CSW Industrials, Inc. | Industrials | 0.55% | $1.3M | $4.70B | 39.5 |
| 69 | ESLT | Elbit Systems Ltd | Industrials | 0.52% | $1.2M | — | — |
| 70 | CW | Curtiss-Wright Corporation | Industrials | 0.50% | $1.2M | $18.55B | 34.6 |
| 71 | WAY | Waystar Holding Corp. | Healthcare | 0.49% | $1.2M | $5.25B | 39.1 |
| 72 | FN | Fabrinet | Technology | 0.44% | $1.1M | $13.03B | 27.9 |
| 73 | AII | Almonty Industries Inc | Basic Materials | 0.41% | $982,144.99 | — | — |
| 74 | GD | General Dynamics Corporation | Industrials | 0.39% | $941,564.48 | $93.13B | 21.0 |
| 75 | USAR | USA Rare Earth, Inc. | Basic Materials | 0.37% | $905,090.33 | $3.95B | — |
| 76 | AVAV | AeroVironment, Inc. | Industrials | 0.37% | $888,423.33 | $6.19B | — |
| 77 | KRMN | Karman Holdings Inc. | Industrials | 0.36% | $859,678.81 | $4.60B | 119.6 |
| 78 | ISRG | Intuitive Surgical, Inc. | Healthcare | 0.34% | $829,968.07 | $150.74B | 48.9 |
| 79 | KTOS | Kratos Defense & Security Solutions, Inc. | Industrials | 0.34% | $823,687.76 | $7.59B | 237.8 |
| 80 | HII | Huntington Ingalls Industries, Inc. | Industrials | 0.31% | $749,531.70 | $10.72B | 16.2 |
| 81 | PH | Parker-Hannifin Corporation | Industrials | 0.30% | $735,763.32 | $121.49B | 33.8 |
| 82 | SPCX | Space Exploration Technologies Corp. | Industrials | 0.29% | $701,221.57 | $1.92T | — |
| 83 | EFR | Energy Fuels Inc | Energy | 0.15% | $363,533.75 | — | — |
| 84 | THRM | Gentherm Incorporated | Consumer Cyclical | 0.08% | $190,341.92 | $1.58B | 33.8 |
Weights as a percentage of net assets. Value held = weight × net assets ($241.6M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
TMAT sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Technology | 52.7% | 31 | PANW, MU, RBRK |
| Industrials | 19.8% | 26 | AAON, ITT, AZZ |
| Healthcare | 14.4% | 12 | HNGE, VCYT, HAE |
| Basic Materials | 7.9% | 8 | ERO, HBM, ESI |
| Utilities | 2.0% | 2 | VST, CEG |
| Consumer Cyclical | 0.9% | 2 | MOD, THRM |
| Information Technology | 0.7% | 1 | ONDS |
| Other | 0.7% | 1 | CZN |
| Energy | 0.2% | 1 | EFR |
Sum of the weights of the holdings in each sector.
TMAT top industries
TMAT overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| QQQ | Invesco QQQ ETF | 13.1% | 16 of 101 | 0.17% |
| VTI | Vanguard Total Stock Market ETF | 7.5% | 79 of 2,941 | 0.03% |
| SPY | SPDR S&P 500 ETF | 6.7% | 34 of 502 | 0.09% |
| IWM | iShares Russell 2000 ETF | 2.5% | 20 of 1,962 | 0.19% |
| VXUS | Vanguard Total International Stock ETF | 0.1% | 7 of 8,035 | 0.05% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the TMAT portfolio
Main Thematic Innovation ETF holds 84 positions. The ten largest make up 29.9% of the fund and the top 50 80.8%, so it behaves like a portfolio of about 55 equally weighted stocks. The biggest positions are Palo Alto Networks, Inc. (4.99%), Micron Technology, Inc. (4.66%), Rubrik, Inc. (3.36%), Hinge Health, Inc. (3.09%), Fortinet, Inc. (3.01%).
By sector, Technology is 52.7%, Industrials is 19.8%, Healthcare is 14.4%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: TMAT chart, TMAT performance, TMAT dividends, TMAT valuation, TMAT overview.
TMAT holdings FAQ
How many holdings does TMAT have?
TMAT holds 84 positions as of October 25, 2026.
What are the top 10 holdings of TMAT?
The ten largest holdings are Palo Alto Networks, Inc. (4.99%), Micron Technology, Inc. (4.66%), Rubrik, Inc. (3.36%), Hinge Health, Inc. (3.09%), Fortinet, Inc. (3.01%), Lumentum Holdings Inc. (2.22%), Cloudflare, Inc. (2.20%), Varonis Systems, Inc. (2.20%), Advanced Micro Devices, Inc. (2.14%), Clear Secure, Inc. (2.06%). Together they are 29.9% of the fund.
What percentage of TMAT is Palo Alto Networks, Inc.?
Palo Alto Networks, Inc. is the largest holding at 4.99% of net assets, about $12.0M of the fund's $241.6M.
Which sector is the largest in TMAT?
Technology is the largest sector at 52.7%, followed by Industrials (19.8%) and Healthcare (14.4%), based on the sectors of the individual holdings.
How concentrated is TMAT?
The top 10 holdings are 29.9% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) TMAT behaves like a portfolio of about 55 equally weighted stocks.