ELEVATION SERIES TRUST

Ticker: SEPZ CUSIP: 210322798 Class: TRUESHARES STRUC

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (4)

Capital Investment Advisory Services, LLC
Value ($000) $331 Shares 7,842
Kestra Advisory Services, LLC
Value ($000) $45 Shares 1,069
UBS Group AG
Value ($000) $5 Shares 114
ASSETMARK, INC
Value ($000) $2 Shares 43

Increased Positions (5)

Lloyd Advisory Services, LLC.
Value ($000) $8,261 (+12.4%) Shares 195,472 (+12.6%)
SMART Wealth LLC
Value ($000) $2,173 (+9.4%) Shares 51,422 (+9.6%)
Outlook Wealth Advisors, LLC
Value ($000) $708 (+93.2%) Shares 16,763 (+93.5%)
FWG Investments, LLC.
Value ($000) $1,403 (+1.1%) Shares 33,210 (+1.3%)
OSAIC HOLDINGS, INC.
Value ($000) $622 (+2.3%) Shares 14,712 (+1.4%)

Decreased Positions (10)

FSR Wealth Management Ltd.
Value ($000) $2,046 (-3.5%) Shares 48,409 (-3.4%)
B.O.S.S. Retirement Advisors, LLC
Value ($000) $2,114 (-40.4%) Shares 50,022 (-40.3%)
TrueMark Investments, LLC
Value ($000) $8,672 (-8.7%) Shares 205,207 (-8.5%)
HOWARD BAILEY SECURITIES, LLC
Value ($000) $1,932 (-11.6%) Shares 45,713 (-11.5%)
LifeWealth Investments, LLC
Value ($000) $1,207 (-7.2%) Shares 28,555 (-7.1%)
Valtinson Bruner Financial Planning LLC
Value ($000) $2,171 (-2.4%) Shares 51,383 (-2.2%)
Kingdom Financial Group LLC.
Value ($000) $450 (-7.5%) Shares 10,655 (-7.4%)
AE Wealth Management LLC
Value ($000) $43,380 (-2.1%) Shares 1,026,504 (-2.0%)
Great Lakes Retirement, Inc.
Value ($000) $1,075 (-7.5%) Shares 25,430 (-7.3%)
Decker Retirement Planning Inc.
Value ($000) $7 (-52.4%) Shares 156 (-52.3%)

Exited Positions (4)

FSA Advisors, Inc.
Value ($000) $565 Shares 13,335
OLD MISSION CAPITAL LLC
Value ($000) $656 Shares 15,487
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $368 Shares 8,687
Richard W. Paul & Associates, LLC
Value ($000) $4 Shares 87