ELEVATION SERIES TRUST QBUL
TRUSHARES BULL · ETP · CUSIP 210322400
10
institutional holders
-20 vs Q2 2025
287.9k
shares reported held*
$7.5mreported value*
2 new
2 added
6 reduced
21 sold out
net sold ≈ $41.3m (-1.6m shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $26.07.
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2024 | 20 |
| Q4 2024 | 29 |
| Q1 2025 | 31 |
| Q2 2025 | 30 |
| Q3 2025 | 10 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2024 | 17 | 6 |
| Q1 2025 | 20 | 9 |
| Q2 2025 | 17 | 14 |
| Q3 2025 | 4 | 27 |
Biggest buyers
| TrueMark Investments, LLC | Added | +41.6k |
| OSAIC HOLDINGS, INC. | Added | +133 |
| Advisory Services Network, LLC | New | +110 |
| MORGAN STANLEY | New | +54 |
Biggest sellers
| AE Wealth Management LLC | Reduced | -932.9k |
| Lloyd Advisory Services, LLC. | Sold out | -118.9k |
| Mid-American Wealth Advisory Group, Inc. | Sold out | -102.3k |
| B.O.S.S. Retirement Advisors, LLC | Sold out | -69.9k |
| Wellment Financial | Sold out | -58.3k |
| HOWARD BAILEY SECURITIES, LLC | Reduced | -51.1k |
| LifeWealth Investments, LLC | Sold out | -47.8k |
| TOUNJIAN ADVISORY PARTNERS, LLC | Sold out | -44.6k |
| SMART Wealth LLC | Sold out | -31.3k |
| Outlook Wealth Advisors, LLC | Sold out | -26.6k |
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| TrueMark Investments, LLC 0.80% of their portfolio | 175.7k $4.6m | Added +41.6k |
| Elevated Capital Advisors, LLC 0.23% of their portfolio | 35.7k $931.6k | Reduced -5.4k |
| AE Wealth Management LLC 0.01% of their portfolio | 34.3k $893.8k | Reduced -932.9k |
| HOWARD BAILEY SECURITIES, LLC 0.11% of their portfolio | 15.4k $401.4k | Reduced -51.1k |
| Csenge Advisory Group 0.02% of their portfolio | 13.7k $358.0k | Reduced -22.7k |
| OLD MISSION CAPITAL LLC 0.01% of their portfolio | 10.1k $264.1k | Reduced -659 |
| UBS Group AG 0.00% of their portfolio | 2.0k $51.7k | Reduced -382 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 733 $19.1k | Added +133 |
| Advisory Services Network, LLC 0.00% of their portfolio | 110 $2.9k | New |
| MORGAN STANLEY 0.00% of their portfolio | 54 $1.4k | New |