ELEVATION SERIES TRUST

Ticker: CEFZ CUSIP: 210322673 Class: RIVERNORTH ACTIV

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (11)

INTEGRATED CAPITAL MANAGEMENT, INC.
Value ($000) $198 Shares 24,182
Authentikos Wealth Advisory, LLC
Value ($000) $90 Shares 10,997
Lloyd Advisory Services, LLC.
Value ($000) $121 Shares 14,740
Great Lakes Retirement, Inc.
Value ($000) $171 Shares 20,821
AE Wealth Management LLC
Value ($000) $917 Shares 111,913
Kingdom Financial Group LLC.
Value ($000) $30 Shares 3,627
BANK OF AMERICA CORP /DE/
Value ($000) $21 Shares 2,609
Allworth Financial LP
Value ($000) $20 Shares 2,381
Farther Finance Advisors, LLC
Value ($000) $6 Shares 792
Quest 10 Wealth Builders, Inc.
Value ($000) $1 Shares 164
Triumph Capital Management
Value ($000) $0 Shares 25

Increased Positions (4)

GTS SECURITIES LLC
Value ($000) $474 (+358.3%) Shares 57,918 (+358.6%)
WADDELL & ASSOCIATES, LLC
Value ($000) $1,174 (+2.4%) Shares 143,391 (+2.5%)
Cetera Investment Advisers
Value ($000) $329 (+6.1%) Shares 40,154 (+6.2%)
OSAIC HOLDINGS, INC.
Value ($000) $123 (+0.7%) Shares 14,987 (+1.4%)

Decreased Positions (3)

ENVESTNET ASSET MANAGEMENT INC
Value ($000) $6,768 (-3.0%) Shares 826,381 (-2.9%)
MML INVESTORS SERVICES, LLC
Value ($000) $752 (-1.2%) Shares 91,866 (-1.1%)
PARK AVENUE SECURITIES LLC
Value ($000) $5 (-2.6%) Shares 662,834 (-2.5%)

Exited Positions (5)

Pasadena Private Wealth, LLC
Value ($000) $469 Shares 57,195
CITADEL ADVISORS LLC
Value ($000) $586 Shares 71,494
JANE STREET GROUP, LLC
Value ($000) $148 Shares 18,004
LPL Financial LLC
Value ($000) $113 Shares 13,830
UBS Group AG
Value ($000) $2 Shares 232