ANGEL OAK FUNDS TRUST

Ticker: CARY CUSIP: 03463K760 Class: INCOME ETF

Note: Option positions (PUT/CALL) are excluded.

Increased Positions (31)

CHANNEL WEALTH LLC
Value ($000) $24,010 (+6.2%) Shares 1,152,894 (+6.6%)
ISLAY CAPITAL MANAGEMENT, LLC
Value ($000) $1,857 (+226.4%) Shares 89,150 (+227.8%)
Arkadios Wealth Advisors
Value ($000) $65,262 (+7.4%) Shares 3,133,739 (+7.8%)
Precision Wealth Strategies, LLC
Value ($000) $4,443 (+9.6%) Shares 213,337 (+10.0%)
Lewis Asset Management, LLC
Value ($000) $1,330 (+167.3%) Shares 63,875 (+168.4%)
Rareview Capital LLC
Value ($000) $1,722 (+8.1%) Shares 82,798 (+8.1%)
Tortoise Investment Management, LLC
Value ($000) $13,494 (+4.7%) Shares 647,945 (+5.2%)
Noble Wealth Management PBC
Value ($000) $886 (+40.6%) Shares 42,551 (+41.2%)
MBL Wealth, LLC
Value ($000) $10,830 (+6.1%) Shares 520,038 (+6.5%)
Able Wealth Management LLC
Value ($000) $1,770 (+17.2%) Shares 85,012 (+17.7%)
Greenwich Wealth Management LLC
Value ($000) $8 (+72.8%) Shares 390,740 (+73.5%)
Wealthcare Advisory Partners LLC
Value ($000) $3,615 (+1120.8%) Shares 173,579 (+1125.8%)
Transamerica Financial Advisors, Inc.
Value ($000) $2,220 (+41.7%) Shares 106,580 (+42.3%)
Heritage Trust Co
Value ($000) $3,653 (+11.3%) Shares 175,417 (+11.8%)
MORGAN STANLEY
Value ($000) $99,786 (+49.2%) Shares 4,791,541 (+49.8%)
UBS Group AG
Value ($000) $45,283 (+44.3%) Shares 2,174,367 (+44.9%)
RFG Advisory, LLC
Value ($000) $2,559 (+17.0%) Shares 122,885 (+17.4%)
AXXCESS WEALTH MANAGEMENT, LLC
Value ($000) $8,093 (+2.6%) Shares 388,632 (+3.1%)
RAYMOND JAMES FINANCIAL INC
Value ($000) $21,884 (+37.2%) Shares 1,050,841 (+37.7%)
Concurrent Investment Advisors, LLC
Value ($000) $841 (+95.4%) Shares 40,406 (+96.2%)

Decreased Positions (27)

Advocacy Wealth Management Services, LLC
Value ($000) $284 (-99.4%) Shares 13,639 (-99.4%)
Sage Advisory Services, Ltd.Co.
Value ($000) $5,174 (-5.1%) Shares 248,460 (-4.7%)
Sonoma Allocations LLC
Value ($000) $1,604 (-33.9%) Shares 76,717 (-33.6%)
Legacy CG, LLC
Value ($000) $7,443 (-2.0%) Shares 357,382 (-1.6%)
Beacon Capital Management, Inc.
Value ($000) $7,653 (-32.1%) Shares 367,485 (-31.8%)
Crescent Grove Advisors, LLC
Value ($000) $10,998 (-3.2%) Shares 523,639 (-3.1%)
Camarda Financial Advisors, LLC
Value ($000) $2,084 (-4.7%) Shares 100,056 (-4.3%)
Mendel Money Management
Value ($000) $2,578 (-1.8%) Shares 123,778 (-1.4%)
Belpointe Asset Management LLC
Value ($000) $1,641 (-30.0%) Shares 78,786 (-29.8%)
FIRETHORN WEALTH PARTNERS, LLC
Value ($000) $215 (-26.0%) Shares 10,344 (-25.7%)
OPPENHEIMER & CO INC
Value ($000) $1,900 (-42.6%) Shares 91,241 (-42.4%)
Legacy Capital Group California, Inc.
Value ($000) $1,716 (-3.2%) Shares 82,414 (-2.9%)
Kestra Advisory Services, LLC
Value ($000) $513 (-69.1%) Shares 24,651 (-69.0%)
ENVESTNET ASSET MANAGEMENT INC
Value ($000) $10,045 (-9.1%) Shares 482,353 (-8.7%)
Atria Investments, Inc
Value ($000) $2,608 (-6.7%) Shares 125,211 (-6.4%)
Bank of New York Mellon Corp
Value ($000) $20,052 (-3.6%) Shares 962,869 (-3.2%)
Baird Financial Group, Inc.
Value ($000) $11,501 (-2.8%) Shares 552,275 (-2.4%)
IEQ CAPITAL, LLC
Value ($000) $1,818 (-11.7%) Shares 87,278 (-11.4%)
GeoWealth Management, LLC
Value ($000) $491 (-11.2%) Shares 23,580 (-10.9%)
Sanctuary Advisors, LLC
Value ($000) $1,569 (-6.6%) Shares 75,352 (-6.9%)