ELEVATION SERIES TRUST

Ticker: MARZ CUSIP: 210322863 Class: TRUESHARES STRUC

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (3)

OLD MISSION CAPITAL LLC

Value ($000) $750 Shares 21,892

WELLS FARGO & COMPANY/MN

Value ($000) $61 Shares 1,791

Lloyd Advisory Services, LLC.

Value ($000) $1 Shares 29

Institution	Shares	Value ($000)
OLD MISSION CAPITAL LLC	21,892	$750
WELLS FARGO & COMPANY/MN	1,791	$61
Lloyd Advisory Services, LLC.	29	$1

Increased Positions (2)

TrueMark Investments, LLC

Value ($000) $9,369 (+7.2%) Shares 273,363 (+8.9%)

Capital Investment Advisory Services, LLC

Value ($000) $49 (+1.6%) Shares 1,426 (+3.3%)

Institution	Prev Shares	Curr Shares	Change
TrueMark Investments, LLC	250,914	273,363	+22,449 (+8.9%)
Capital Investment Advisory Services, LLC	1,381	1,426	+45 (+3.3%)

Decreased Positions (5)

Mid-American Wealth Advisory Group, Inc.

Value ($000) $2,080 (-5.3%) Shares 60,684 (-3.8%)

Weaver Consulting Group

Value ($000) $1,816 (-5.1%) Shares 52,971 (-3.5%)

Elevated Capital Advisors, LLC

Value ($000) $569 (-5.0%) Shares 16,593 (-3.4%)

AE Wealth Management LLC

Value ($000) $29 (-22.8%) Shares 858 (-21.6%)

Value ($000) $1 (-64.2%) Shares 20 (-63.6%)

Institution	Prev Shares	Curr Shares	Change
Mid-American Wealth Advisory Group, Inc.	63,053	60,684	-2,369 (-3.8%)
Weaver Consulting Group	54,912	52,971	-1,941 (-3.5%)
Elevated Capital Advisors, LLC	17,184	16,593	-591 (-3.4%)
AE Wealth Management LLC	1,094	858	-236 (-21.6%)
UBS Group AG	55	20	-35 (-63.6%)