UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

________

 

FORM N-Q

________

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number 811-22263

 

Exchange Traded Concepts Trust

(Exact name of Registrant as specified in charter)

________

 

2545 S. Kelly Avenue, Suite C

Edmond, OK 73013

(Address of principal executive offices) (Zip code)

 

J. Garrett Stevens

Exchnage Traded Concepts Trust

2545 South Kelly Avenue

Suite C

Edmond, Oklahoma 73013

(Name and address of agent for service)

 

Copy to:

W. John McGuire

Bingham McCutchen LLP

2020 K Street NW

Washington, DC 20006

 

Registrant’s telephone number, including area code: 1-405-778-8377

 

Date of fiscal year end: April 30, 2013

 

Date of reporting period: January 31, 2013

 

 
 

 

Item 1.   Schedule of Investments

 

Exchange Traded Concepts

Schedule of Investments

Sustainable North American Oil Sands ETF

 January 31, 2013

 

Description   Shares     Market Value  
             
COMMON STOCK — 99.8%                
                 
Canada — 38.6%                
Athabasca Oil*     2,845     $ 30,207  
Baytex Energy     682       31,358  
Canadian Natural Resources     1,050       31,709  
Canadian Oil Sands     1,500       31,567  
Cenovus Energy     906       30,076  
Enbridge     43       1,881  
Enbridge(A)     643       28,269  
Finning International     1,213       31,061  
Husky Energy     1,005       31,337  
Imperial Oil     689       30,257  
Keyera     607       31,585  
MEG Energy*     919       31,410  
Nexen     1,106       29,585  
Pembina Pipeline     1,019       29,567  
Suncor Energy     909       30,895  
TransCanada     642       30,388  
              461,152  
China — 5.1%                
China Petroleum & Chemical ADR     257       31,213  
PetroChina ADR     206       29,293  
              60,506  
France — 2.6%                
Total ADR     567       30,782  
                 
Hong Kong — 2.3%                
CNOOC ADR     133       27,309  
                 
Netherlands — 2.9%                
Chicago Bridge & Iron     690       35,059  
                 
Norway — 2.6%                
Statoil ADR     1,173       31,120  
                 
United Kingdom — 5.1%                
BP ADR     696       30,986  
Royal Dutch Shell ADR, Cl A     420       29,618  
              60,604  
United States — 40.6%                
Chevron     267       30,745  
ConocoPhillips     500       29,000  
Devon Energy     555       31,741  
Enterprise Products Partners     591       33,492  
Exxon Mobil     328       29,510  
Fluor     505       32,739  
HollyFrontier     619       32,324  
Jacobs Engineering Group*     707       34,014  
Kinder Morgan Energy Partners     367       32,626  
Marathon Oil     935       31,425  
Marathon Petroleum     459       34,062  
Murphy Oil     486       28,927  

 

 
 

 

Exchange Traded Concepts

Schedule of Investments

Sustainable North American Oil Sands ETF

January 31, 2013

 

Description   Shares     Market Value  
             
Oil States International*     433     $ 33,592  
Phillips 66     539       32,647  
Valero Energy     864       37,783  
              484,627  
Total Common Stock                
(Cost $1,000,403)             1,191,159  
                 
Total Investments - 99.8%                
(Cost $1,000,403)†           $ 1,191,159  

 

Percentages are based on Net Assets of $1,193,736.

 

ADR — American Depositary Receipt

Cl — Class

 

As of January 31, 2013, all of the Fund's investments were considered Level 1, in accordance with ASC-820.

 

There have been no transfers between Level 1 & Level 2 assets and liabilities. It is the Fund’s policy to recognize transfers into and out of Level 1 and Level 2 at the end of the reporting period.

 

† At January 31, 2013, the tax basis cost of the Fund’s investments was $1,000,403, and the unrealized appreciation and depreciation were $193,018, respectively.

 

* Non-income producing

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual financial statements.

 

SWM-QH-001-02

 

 
 

 

Item 2.   Controls and Procedures

 

(a) The Registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)(17 CFR 270.30a-3(c)) are effective, based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b))as of a date within 90 days of the filing date of this report.

 

(b) There were no significant changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the Registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

 

Item 3. Exhibits.

 

(a) A separate certification for the principal executive officer and the principal financial officer of the Registrant as required by Rule 30a-2(a) under the 1940 Act, as amended (17 CFR 270.30a-2(a)), are filed herewith.

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

(Registrant) Exchange Traded Concepts Trust
   
By (Signature and Title) /s/ J. Garrett Stevens
J. Garrett Stevens, President

 

Date: March 29, 2013

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

 

By (Signature and Title)

  /s/ J. Garrett Stevens
J. Garrett Stevens, President

 

Date: March 29, 2013

 

By (Signature and Title)

  /s/ Richard Hogan
Richard Hogan, Treasurer

 

Date: March 29, 2013

 

 

 

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