NORTHERN LIGHTS FD TR

Ticker: THY CUSIP: 66538J738 Class: TOEWS AGLTY DNYM

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (2)

RPS ADVISORY SOLUTIONS LLC
Value ($000) $2,518 Shares 113,297
MORGAN STANLEY
Value ($000) $0 Shares 1

Increased Positions (6)

TCP Asset Management, LLC
Value ($000) $21,706 (+5.3%) Shares 976,704 (+7.6%)
Ausdal Financial Partners, Inc.
Value ($000) $2,349 (+53.6%) Shares 105,700 (+57.0%)
Geneos Wealth Management Inc.
Value ($000) $530 (+986.6%) Shares 23,865 (+1010.5%)
CFS Investment Advisory Services, LLC
Value ($000) $1,279 (+3.6%) Shares 57,565 (+5.1%)
JANE STREET GROUP, LLC
Value ($000) $388 (+23.4%) Shares 17,439 (+26.1%)
HARBOUR INVESTMENTS, INC.
Value ($000) $12 (+186.3%) Shares 550 (+192.6%)

Decreased Positions (5)

Silver Grove Financial Group, Inc.
Value ($000) $249 (-5.7%) Shares 11,201 (-3.6%)
LPL Financial LLC
Value ($000) $1,068 (-33.8%) Shares 48,040 (-32.4%)
OSAIC HOLDINGS, INC.
Value ($000) $1,201 (-10.5%) Shares 54,035 (-8.7%)
CreativeOne Wealth, LLC
Value ($000) $225 (-17.4%) Shares 10,139 (-15.5%)
UBS Group AG
Value ($000) $4 (-54.0%) Shares 189 (-53.0%)

Exited Positions (3)

GTS SECURITIES LLC
Value ($000) $774 Shares 34,087
TRUST CO OF VERMONT
Value ($000) $8 Shares 337
Cambridge Investment Research Advisors, Inc.
Value ($000) $0 Shares 13,022