Elevation Capital Advisory, LLC Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
QUAL	ISHARES TR	61,058	$12,127	5.0%	$198.62	—	MSCI USA QLT FCT	46432F339
TFLO	ISHARES TR	130,057	$6,563	2.7%	$50.46	—	TRS FLT RT BD	46434V860
IVV	ISHARES TR	8,391	$5,747	2.3%	$684.95	—	CORE S&P500 ETF	464287200
FLQL	FRANKLIN TEMPLETON ETF TR	78,661	$5,454	2.2%	$69.33	—	US LRG CP MLTFCT	35473P801
NULG	NUSHARES ETF TR	51,023	$4,990	2.0%	$97.80	—	NUVEEN ESG LRGCP	67092P201
VV	VANGUARD INDEX FDS	14,289	$4,498	1.8%	$314.80	—	LARGE CAP ETF	922908637
VIG	VANGUARD SPECIALIZED FUNDS	18,253	$4,012	1.6%	$219.78	—	DIV APP ETF	921908844
SCHG	SCHWAB STRATEGIC TR	122,387	$3,992	1.6%	$32.62	—	US LCAP GR ETF	808524300
MTUM	ISHARES TR	15,822	$3,960	1.6%	$250.31	—	MSCI USA MMENTM	46432F396
AOR	ISHARES TR	44,547	$2,896	1.2%	$65.01	—	CORE 60/40 BALAN	464289867
IGHG	PROSHARES TR	36,141	$2,834	1.2%	$78.42	—	INVT INT RT HG	74347B607
MDIV	FIRST TR EXCHANGE TRADED FD	174,590	$2,745	1.1%	$15.72	—	MULTI ASSET DI	33738R100
EFAV	ISHARES TR	22,021	$1,899	0.8%	$86.25	—	MSCI EAFE MIN VL	46429B689
BKLC	BNY MELLON ETF TRUST	14,312	$1,872	0.8%	$130.80	—	US LRG CP CORE	09661T107
LGLV	SPDR SERIES TRUST	10,402	$1,826	0.7%	$175.57	—	STATE STREET SPD	78468R804
MINT	PIMCO ETF TR	12,843	$1,289	0.5%	$100.34	—	ENHAN SHRT MA AC	72201R833
GBIL	GOLDMAN SACHS ETF TR	12,698	$1,269	0.5%	$99.94	—	ACCES TREASURY	381430529
LVHI	LEGG MASON ETF INVT	28,684	$1,056	0.4%	$36.82	—	FRANKLIN INTL LW	52468L505
SPYG	SPDR SERIES TRUST	7,352	$784	0.3%	$106.70	—	STATE STREET SPD	78464A409
DYNF	BLACKROCK ETF TRUST	12,162	$740	0.3%	$60.81	—	ISHARES US EQUIT	09290C103
XNTK	SPDR SERIES TRUST	2,599	$722	0.3%	$277.88	—	STATE STREET SPD	78464A102
TDIV	FIRST TR EXCHANGE TRADED FD	7,178	$695	0.3%	$96.84	—	NASD TECH DIV	33738R118
JQUA	J P MORGAN EXCHANGE TRADED F	7,778	$491	0.2%	$63.18	—	US QUALTY FCTR	46641Q761
RLY	SSGA ACTIVE ETF TR	12,763	$401	0.2%	$31.45	—	STATE STREET MUL	78467V103
SPMO	INVESCO EXCH TRADED FD TR II	3,025	$361	0.1%	$119.32	—	S&P 500 MOMNTM	46138E339
NVDA	NVIDIA CORPORATION	1,544	$288	0.1%	$186.13	0.0%	COM	67066G104
AAPL	APPLE INC	743	$202	0.1%	$268.34	0.0%	COM	037833100

Increased Positions (20)

ANGL VANECK ETF TRUST 4.4%

Value ($000) $10,823 (+960.0%) Shares 368,570 (+973.2%) Est. Cost $29.32 Unrealized —

JPST J P MORGAN EXCHANGE TRADED F 4.1%

Value ($000) $10,109 (+466.0%) Shares 199,830 (+467.6%) Est. Cost $50.61 Unrealized —

MOAT VANECK ETF TRUST 3.2%

Value ($000) $7,887 (+426.3%) Shares 76,162 (+403.7%) Est. Cost $100.70 Unrealized —

SPHQ INVESCO EXCHANGE TRADED FD T 2.7%

Value ($000) $6,499 (+1365.8%) Shares 86,602 (+1331.4%) Est. Cost $74.93 Unrealized —

QQQ INVESCO QQQ TR 5.4%

Value ($000) $13,194 (+63.1%) Shares 21,478 (+59.4%) Est. Cost $560.70 Unrealized —

VTIP VANGUARD MALVERN FDS 2.6%

Value ($000) $6,300 (+424.2%) Shares 127,369 (+436.6%) Est. Cost $49.68 Unrealized —

BIL SPDR SERIES TRUST 5.6%

Value ($000) $13,592 (+58.8%) Shares 148,736 (+59.4%) Est. Cost $91.50 Unrealized —

SPGP INVESCO EXCHANGE TRADED FD T 2.9%

Value ($000) $7,119 (+89.6%) Shares 62,520 (+89.2%) Est. Cost $109.87 Unrealized —

VOO VANGUARD INDEX FDS 3.0%

Value ($000) $7,461 (+76.8%) Shares 11,896 (+72.6%) Est. Cost $572.16 Unrealized —

MGC VANGUARD WORLD FD 2.3%

Value ($000) $5,620 (+126.4%) Shares 22,375 (+120.1%) Est. Cost $239.25 Unrealized —

XMMO INVESCO EXCHANGE TRADED FD T 1.7%

Value ($000) $4,108 (+169.0%) Shares 29,671 (+162.7%) Est. Cost $129.39 Unrealized —

FDMO FIDELITY COVINGTON TRUST 1.8%

Value ($000) $4,396 (+127.5%) Shares 52,354 (+125.4%) Est. Cost $83.61 Unrealized —

XLG INVESCO EXCHANGE TRADED FD T 3.9%

Value ($000) $9,586 (+29.9%) Shares 161,707 (+26.1%) Est. Cost $53.47 Unrealized —

HYLS FIRST TR EXCHANGE-TRADED FD 1.9%

Value ($000) $4,745 (+79.9%) Shares 113,362 (+80.7%) Est. Cost $41.97 Unrealized —

PWB INVESCO EXCHANGE TRADED FD T 1.0%

Value ($000) $2,505 (+407.3%) Shares 19,707 (+400.6%) Est. Cost $125.18 Unrealized —

FDVV FIDELITY COVINGTON TRUST 1.0%

Value ($000) $2,426 (+315.3%) Shares 42,786 (+308.1%) Est. Cost $56.45 Unrealized —

LRGF ISHARES TR 0.5%

Value ($000) $1,327 (+485.2%) Shares 19,110 (+482.3%) Est. Cost $69.37 Unrealized —

AOK ISHARES TR 0.4%

Value ($000) $1,046 (+161.6%) Shares 26,059 (+161.8%) Est. Cost $39.73 Unrealized —

FBCG FIDELITY COVINGTON TRUST 0.3%

Value ($000) $725 (+80.9%) Shares 13,221 (+77.0%) Est. Cost $54.17 Unrealized —

QUS SPDR SERIES TRUST 1.6%

Value ($000) $3,938 (+4.2%) Shares 22,608 (+2.4%) Est. Cost $171.27 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ANGL	VANECK ETF TRUST	368,570 (+973.2%)	$10,823 (+960.0%)	4.4%	$29.32	—	FALLEN ANGEL HG	92189F437
JPST	J P MORGAN EXCHANGE TRADED F	199,830 (+467.6%)	$10,109 (+466.0%)	4.1%	$50.61	—	ULTRA SHRT ETF	46641Q837
MOAT	VANECK ETF TRUST	76,162 (+403.7%)	$7,887 (+426.3%)	3.2%	$100.70	—	MRNGSTR WDE MOAT	92189F643
SPHQ	INVESCO EXCHANGE TRADED FD T	86,602 (+1331.4%)	$6,499 (+1365.8%)	2.7%	$74.93	—	S&P500 QUALITY	46137V241
QQQ	INVESCO QQQ TR	21,478 (+59.4%)	$13,194 (+63.1%)	5.4%	$560.70	—	UNIT SER 1	46090E103
VTIP	VANGUARD MALVERN FDS	127,369 (+436.6%)	$6,300 (+424.2%)	2.6%	$49.68	—	STRM INFPROIDX	922020805
BIL	SPDR SERIES TRUST	148,736 (+59.4%)	$13,592 (+58.8%)	5.6%	$91.50	—	STATE STREET SPD	78468R663
SPGP	INVESCO EXCHANGE TRADED FD T	62,520 (+89.2%)	$7,119 (+89.6%)	2.9%	$109.87	—	S&P 500 GARP ETF	46137V431
VOO	VANGUARD INDEX FDS	11,896 (+72.6%)	$7,461 (+76.8%)	3.0%	$572.16	—	S&P 500 ETF SHS	922908363
MGC	VANGUARD WORLD FD	22,375 (+120.1%)	$5,620 (+126.4%)	2.3%	$239.25	—	MEGA CAP INDEX	921910873
XMMO	INVESCO EXCHANGE TRADED FD T	29,671 (+162.7%)	$4,108 (+169.0%)	1.7%	$129.39	—	S&P MDCP MOMNTUM	46137V464
FDMO	FIDELITY COVINGTON TRUST	52,354 (+125.4%)	$4,396 (+127.5%)	1.8%	$83.61	—	MOMENTUM FACTR	316092816
XLG	INVESCO EXCHANGE TRADED FD T	161,707 (+26.1%)	$9,586 (+29.9%)	3.9%	$53.47	—	S&P 500 TOP 50	46137V233
HYLS	FIRST TR EXCHANGE-TRADED FD	113,362 (+80.7%)	$4,745 (+79.9%)	1.9%	$41.97	—	FIRST TR TA HIYL	33738D408
PWB	INVESCO EXCHANGE TRADED FD T	19,707 (+400.6%)	$2,505 (+407.3%)	1.0%	$125.18	—	LARGE CAP GROWTH	46137V746
FDVV	FIDELITY COVINGTON TRUST	42,786 (+308.1%)	$2,426 (+315.3%)	1.0%	$56.45	—	HIGH DIVID ETF	316092840
LRGF	ISHARES TR	19,110 (+482.3%)	$1,327 (+485.2%)	0.5%	$69.37	—	U S EQUITY FACTR	46434V282
AOK	ISHARES TR	26,059 (+161.8%)	$1,046 (+161.6%)	0.4%	$39.73	—	CORE 30/70 CONSE	464289883
FBCG	FIDELITY COVINGTON TRUST	13,221 (+77.0%)	$725 (+80.9%)	0.3%	$54.17	—	BLUE CHIP GRWTH	316092352
QUS	SPDR SERIES TRUST	22,608 (+2.4%)	$3,938 (+4.2%)	1.6%	$171.27	—	STATE STREET SPD	78468R812

Exited Positions (22)

MFUL COLLABORATIVE INVESTMNT SER 8.0%

Value ($000) $19,696 Shares 890,230 Est. Cost $21.46 Unrealized —

IVW ISHARES TR 3.9%

Value ($000) $9,561 Shares 79,198 Est. Cost $120.72 Unrealized —

KRMA GLOBAL X FDS 3.4%

Value ($000) $8,296 Shares 192,285 Est. Cost $43.15 Unrealized —

PKW INVESCO EXCHANGE TRADED FD T 3.3%

Value ($000) $8,133 Shares 61,388 Est. Cost $129.65 Unrealized —

IMCG ISHARES TR 3.2%

Value ($000) $7,730 Shares 93,437 Est. Cost $82.14 Unrealized —

TIPX SPDR SERIES TRUST 2.5%

Value ($000) $6,230 Shares 322,961 Est. Cost $19.18 Unrealized —

ICVT ISHARES TR 2.3%

Value ($000) $5,631 Shares 56,277 Est. Cost $100.05 Unrealized —

INKM SSGA ACTIVE ETF TR 2.2%

Value ($000) $5,474 Shares 165,260 Est. Cost $33.12 Unrealized —

IYLD ISHARES TR 1.9%

Value ($000) $4,725 Shares 222,062 Est. Cost $21.28 Unrealized —

AOA ISHARES TR 1.2%

Value ($000) $3,037 Shares 34,454 Est. Cost $88.14 Unrealized —

IYY ISHARES TR 1.2%

Value ($000) $2,928 Shares 18,022 Est. Cost $162.48 Unrealized —

ITOT ISHARES TR 1.1%

Value ($000) $2,711 Shares 18,614 Est. Cost $137.49 Unrealized —

JMOM J P MORGAN EXCHANGE TRADED F 1.0%

Value ($000) $2,512 Shares 36,993 Est. Cost $67.90 Unrealized —

PSK SPDR SERIES TRUST 1.0%

Value ($000) $2,503 Shares 75,693 Est. Cost $33.07 Unrealized —

VGSH VANGUARD SCOTTSDALE FDS 0.7%

Value ($000) $1,646 Shares 27,966 Est. Cost $58.78 Unrealized —

VOOG VANGUARD ADMIRAL FDS INC 0.2%

Value ($000) $517 Shares 1,187 Est. Cost $396.55 Unrealized —

VGT VANGUARD WORLD FD 0.2%

Value ($000) $412 Shares 552 Est. Cost $542.38 Unrealized —

IWL ISHARES TR 0.2%

Value ($000) $406 Shares 2,443 Est. Cost $166.12 Unrealized —

VUG VANGUARD INDEX FDS 0.2%

Value ($000) $402 Shares 839 Est. Cost $438.40 Unrealized —

FDG AMERICAN CENTY ETF TR 0.2%

Value ($000) $401 Shares 3,330 Est. Cost $109.26 Unrealized —

PGX INVESCO EXCH TRADED FD TR II 0.1%

Value ($000) $363 Shares 31,276 Est. Cost $11.60 Unrealized —

BIV VANGUARD BD INDEX FDS 0.1%

Value ($000) $227 Shares 2,905 Est. Cost $78.33 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MFUL	COLLABORATIVE INVESTMNT SER	890,230	$19,696	8.0%	$21.46	—	—	19423L615
IVW	ISHARES TR	79,198	$9,561	3.9%	$120.72	—	—	464287309
KRMA	GLOBAL X FDS	192,285	$8,296	3.4%	$43.15	—	—	37954Y731
PKW	INVESCO EXCHANGE TRADED FD T	61,388	$8,133	3.3%	$129.65	—	—	46137V308
IMCG	ISHARES TR	93,437	$7,730	3.2%	$82.14	—	—	464288307
TIPX	SPDR SERIES TRUST	322,961	$6,230	2.5%	$19.18	—	—	78468R861
ICVT	ISHARES TR	56,277	$5,631	2.3%	$100.05	—	—	46435G102
INKM	SSGA ACTIVE ETF TR	165,260	$5,474	2.2%	$33.12	—	—	78467V202
IYLD	ISHARES TR	222,062	$4,725	1.9%	$21.28	—	—	46432F875
AOA	ISHARES TR	34,454	$3,037	1.2%	$88.14	—	—	464289859
IYY	ISHARES TR	18,022	$2,928	1.2%	$162.48	—	—	464287846
ITOT	ISHARES TR	18,614	$2,711	1.1%	$137.49	—	—	464287150
JMOM	J P MORGAN EXCHANGE TRADED F	36,993	$2,512	1.0%	$67.90	—	—	46641Q779
PSK	SPDR SERIES TRUST	75,693	$2,503	1.0%	$33.07	—	—	78464A292
VGSH	VANGUARD SCOTTSDALE FDS	27,966	$1,646	0.7%	$58.78	—	—	92206C102
VOOG	VANGUARD ADMIRAL FDS INC	1,187	$517	0.2%	$396.55	—	—	921932505
VGT	VANGUARD WORLD FD	552	$412	0.2%	$542.38	—	—	92204A702
IWL	ISHARES TR	2,443	$406	0.2%	$166.12	—	—	464289446
VUG	VANGUARD INDEX FDS	839	$402	0.2%	$438.40	—	—	922908736
FDG	AMERICAN CENTY ETF TR	3,330	$401	0.2%	$109.26	—	—	025072810
PGX	INVESCO EXCH TRADED FD TR II	31,276	$363	0.1%	$11.60	—	—	46138E511
BIV	VANGUARD BD INDEX FDS	2,905	$227	0.1%	$78.33	—	—	921937819

Decreased Positions (16)

VONG VANGUARD SCOTTSDALE FDS 0.7%

Value ($000) $1,773 (-83.9%) Shares 14,562 (-84.0%) Est. Cost $120.50 Unrealized —

OEF ISHARES TR 0.3%

Value ($000) $741 (-92.5%) Shares 2,162 (-92.7%) Est. Cost $293.94 Unrealized —

USMV ISHARES TR 0.8%

Value ($000) $1,920 (-74.7%) Shares 20,388 (-74.4%) Est. Cost $95.14 Unrealized —

IWY ISHARES TR 3.5%

Value ($000) $8,600 (-39.6%) Shares 31,055 (-40.3%) Est. Cost $253.23 Unrealized —

MGK VANGUARD WORLD FD 2.2%

Value ($000) $5,386 (-50.8%) Shares 13,049 (-52.1%) Est. Cost $397.33 Unrealized —

IUSG ISHARES TR 1.8%

Value ($000) $4,311 (-56.0%) Shares 25,669 (-56.9%) Est. Cost $158.97 Unrealized —

SUSA ISHARES TR 1.0%

Value ($000) $2,333 (-65.8%) Shares 16,746 (-66.7%) Est. Cost $135.65 Unrealized —

HYZD WISDOMTREE TR 0.4%

Value ($000) $1,054 (-79.8%) Shares 46,795 (-79.8%) Est. Cost $22.48 Unrealized —

DGRW WISDOMTREE TR 0.6%

Value ($000) $1,380 (-67.9%) Shares 15,426 (-68.0%) Est. Cost $83.57 Unrealized —

USMC PRINCIPAL EXCHANGE TRADED FD 2.8%

Value ($000) $6,949 (-20.4%) Shares 101,514 (-20.8%) Est. Cost $68.17 Unrealized —

CWB SPDR SERIES TRUST 2.0%

Value ($000) $4,905 (-19.5%) Shares 54,994 (-18.3%) Est. Cost $86.12 Unrealized —

TMFC RBB FD INC 1.1%

Value ($000) $2,743 (-17.8%) Shares 38,221 (-19.3%) Est. Cost $55.07 Unrealized —

FLTB FIDELITY MERRIMACK STR TR 0.5%

Value ($000) $1,300 (-21.6%) Shares 25,659 (-21.6%) Est. Cost $50.66 Unrealized —

LMBS FIRST TR EXCHANGE-TRADED FD 0.5%

Value ($000) $1,310 (-21.1%) Shares 26,213 (-21.4%) Est. Cost $49.24 Unrealized —

OMFL INVESCO EXCH TRD SLF IDX FD 0.6%

Value ($000) $1,379 (-6.9%) Shares 22,557 (-8.2%) Est. Cost $53.26 Unrealized —

SCHD SCHWAB STRATEGIC TR 0.6%

Value ($000) $1,367 (-6.1%) Shares 49,833 (-6.5%) Est. Cost $42.97 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VONG	VANGUARD SCOTTSDALE FDS	14,562 (-84.0%)	$1,773 (-83.9%)	0.7%	$120.50	—	VNG RUS1000GRW	92206C680
OEF	ISHARES TR	2,162 (-92.7%)	$741 (-92.5%)	0.3%	$293.94	—	S&P 100 ETF	464287101
USMV	ISHARES TR	20,388 (-74.4%)	$1,920 (-74.7%)	0.8%	$95.14	—	MSCI USA MIN VOL	46429B697
IWY	ISHARES TR	31,055 (-40.3%)	$8,600 (-39.6%)	3.5%	$253.23	—	RUS TP200 GR ETF	464289438
MGK	VANGUARD WORLD FD	13,049 (-52.1%)	$5,386 (-50.8%)	2.2%	$397.33	—	MEGA GRWTH IND	921910816
IUSG	ISHARES TR	25,669 (-56.9%)	$4,311 (-56.0%)	1.8%	$158.97	—	CORE S&P US GWT	464287671
SUSA	ISHARES TR	16,746 (-66.7%)	$2,333 (-65.8%)	1.0%	$135.65	—	ESG OPTIMIZED	464288802
HYZD	WISDOMTREE TR	46,795 (-79.8%)	$1,054 (-79.8%)	0.4%	$22.48	—	HEDGED HI YLD BD	97717W430
DGRW	WISDOMTREE TR	15,426 (-68.0%)	$1,380 (-67.9%)	0.6%	$83.57	—	US QTLY DIV GRT	97717X669
USMC	PRINCIPAL EXCHANGE TRADED FD	101,514 (-20.8%)	$6,949 (-20.4%)	2.8%	$68.17	—	US MEGA CP ETF	74255Y870
CWB	SPDR SERIES TRUST	54,994 (-18.3%)	$4,905 (-19.5%)	2.0%	$86.12	—	STATE STREET SPD	78464A359
TMFC	RBB FD INC	38,221 (-19.3%)	$2,743 (-17.8%)	1.1%	$55.07	—	MOTLEY FOL ETF	74933W601
FLTB	FIDELITY MERRIMACK STR TR	25,659 (-21.6%)	$1,300 (-21.6%)	0.5%	$50.66	—	LTD TRM BD ETF	316188200
LMBS	FIRST TR EXCHANGE-TRADED FD	26,213 (-21.4%)	$1,310 (-21.1%)	0.5%	$49.24	—	FST LOW OPPT EFT	33739Q200
OMFL	INVESCO EXCH TRD SLF IDX FD	22,557 (-8.2%)	$1,379 (-6.9%)	0.6%	$53.26	—	RUSL 1000 DYNM	46138J619
SCHD	SCHWAB STRATEGIC TR	49,833 (-6.5%)	$1,367 (-6.1%)	0.6%	$42.97	—	US DIVIDEND EQ	808524797

Unchanged Positions (1)

AMZN AMAZON COM INC 0.1%

Value ($000) $231 Shares 1,000 Est. Cost $197.89 Unrealized +15.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	AMAZON COM INC	1,000	$231	0.1%	$197.89	+15.6%	COM	023135106