ELEVATION SERIES TRUST

Ticker: QBUL CUSIP: 210322400 Class: TRUSHARES BULL

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (2)

Lloyd Advisory Services, LLC.
Value ($000) $98 Shares 4,121
Kingdom Financial Group LLC.
Value ($000) $3 Shares 137

Increased Positions (3)

TrueMark Investments, LLC
Value ($000) $8,551 (+86.7%) Shares 359,305 (+104.5%)
OLD MISSION CAPITAL LLC
Value ($000) $541 (+105.0%) Shares 22,750 (+124.5%)
Csenge Advisory Group
Value ($000) $369 (+3.1%) Shares 15,511 (+12.9%)

Decreased Positions (5)

HOWARD BAILEY SECURITIES, LLC
Value ($000) $291 (-27.5%) Shares 12,226 (-20.6%)
Elevated Capital Advisors, LLC
Value ($000) $828 (-11.1%) Shares 34,789 (-2.7%)
AE Wealth Management LLC
Value ($000) $771 (-13.7%) Shares 32,396 (-5.5%)
UBS Group AG
Value ($000) $4 (-92.5%) Shares 163 (-91.8%)
OSAIC HOLDINGS, INC.
Value ($000) $14 (-24.1%) Shares 608 (-17.1%)

Exited Positions (1)

Advisory Services Network, LLC
Value ($000) $3 Shares 110