ELEVATION SERIES TRUST

Ticker: NOVZ CUSIP: 210322772 Class: TRUESHARES NOV

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (5)

BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC

Value ($000) $68 Shares 1,559

Kestra Advisory Services, LLC

Value ($000) $25 Shares 581

Capital Investment Advisory Services, LLC

Value ($000) $8 Shares 181

Lloyd Advisory Services, LLC.

Value ($000) $3 Shares 78

Value ($000) $0 Shares 8

Institution	Shares	Value ($000)
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC	1,559	$68
Kestra Advisory Services, LLC	581	$25
Capital Investment Advisory Services, LLC	181	$8
Lloyd Advisory Services, LLC.	78	$3
ASSETMARK, INC	8	$0

Increased Positions (1)

OSAIC HOLDINGS, INC.

Value ($000) $525 (+1.2%) Shares 11,969 (+2.6%)

Institution	Prev Shares	Curr Shares	Change
OSAIC HOLDINGS, INC.	11,669	11,969	+300 (+2.6%)

Decreased Positions (6)

TrueMark Investments, LLC

Value ($000) $7,965 (-5.1%) Shares 181,626 (-3.4%)

Valtinson Bruner Financial Planning LLC

Value ($000) $3,042 (-4.3%) Shares 69,361 (-2.6%)

Elevated Capital Advisors, LLC

Value ($000) $570 (-5.4%) Shares 13,009 (-3.8%)

AE Wealth Management LLC

Value ($000) $39 (-31.7%) Shares 879 (-30.6%)

Value ($000) $6 (-62.8%) Shares 148 (-62.1%)

WEDBUSH SECURITIES INC

Value ($000) $2 (-5.9%) Shares 44,982 (-4.3%)

Institution	Prev Shares	Curr Shares	Change
TrueMark Investments, LLC	188,068	181,626	-6,442 (-3.4%)
Valtinson Bruner Financial Planning LLC	71,219	69,361	-1,858 (-2.6%)
Elevated Capital Advisors, LLC	13,516	13,009	-507 (-3.8%)
AE Wealth Management LLC	1,266	879	-387 (-30.6%)
UBS Group AG	391	148	-243 (-62.1%)
WEDBUSH SECURITIES INC	46,987	44,982	-2,005 (-4.3%)

Exited Positions (2)

INSIGHT 2811, INC.

Value ($000) $229 Shares 5,131

OLD MISSION CAPITAL LLC

Value ($000) $296 Shares 6,638

Institution	Prev Shares	Prev Value ($000)
INSIGHT 2811, INC.	5,131	$229
OLD MISSION CAPITAL LLC	6,638	$296