Vault-13

ELEVATION SERIES TRUST QBER

TRUESHARES QUART · ETP · CUSIP 210322509

32 institutional holders +1 vs Q4 2025
2,437,6492.4m shares reported held*
$58.8mreported value*
7 new 3 added 18 reduced 6 sold out net sold ≈ $78.4m (-3.2m 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 ($14.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $24.12.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

02040Q3 24: 18Q4 24: 31Q1 25: 34Q2 25: 32Q3 25: 31Q4 25: 31Q1 26: 3232Q3 24Q1 25Q3 25Q1 26
Numbers
QuarterHolders
Q3 202418
Q4 202431
Q1 202534
Q2 202532
Q3 202531
Q4 202531
Q1 202632

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 24: 19 bought or addedQ4 24: 5 cut or sold outQ4 24Q1 25: 22 bought or addedQ1 25: 10 cut or sold outQ1 25Q2 25: 25 bought or addedQ2 25: 8 cut or sold outQ2 25Q3 25: 26 bought or addedQ3 25: 8 cut or sold outQ3 25Q4 25: 4 bought or addedQ4 25: 26 cut or sold outQ4 25Q1 26: 10 bought or addedQ1 26: 24 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q4 2024195
Q1 20252210
Q2 2025258
Q3 2025268
Q4 2025426
Q1 20261024

Biggest buyers

TrueMark Investments, LLC Added +247,788+247.8k
POM Investment Strategies, LLC New +73,396+73.4k
Elevated Capital Advisors, LLC Added +72,299+72.3k
FSA Advisors, Inc. New +29,346+29.3k
GOLDMAN SACHS GROUP INC New +29,171+29.2k
JPMORGAN CHASE & CO New +4,968+5.0k
HUNTINGTON NATIONAL BANK New +1,377+1.4k
UBS Group AG Added +1,348+1.3k
Mosley Wealth Management New +1,078+1.1k
US BANCORP \DE\ New +84+84

Biggest sellers

AE Wealth Management LLC Reduced -2,206,231-2.2m
Lloyd Advisory Services, LLC. Reduced -406,975-407.0k
Outlook Wealth Advisors, LLC Reduced -149,416-149.4k
Wellment Financial Reduced -126,328-126.3k
HOWARD BAILEY SECURITIES, LLC Reduced -113,628-113.6k
B.O.S.S. Retirement Advisors, LLC Sold out -105,892-105.9k
SMART Wealth LLC Reduced -88,571-88.6k
Integrated Wealth Management Reduced -70,263-70.3k
LifeWealth Investments, LLC Sold out -67,077-67.1k
Csenge Advisory Group Reduced -53,978-54.0k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 AE Wealth Management LLC 0.12% of their portfolio TOPEKA, KS 936,998937.0k $22.6m $22.6m 0.12% Reduced -2.2m -2,206,231
2 TrueMark Investments, LLC 1.75% of their portfolio CHICAGO, IL 372,048372.0k $9.0m $9.0m 1.75% Added +247.8k +247,788
3 Mid-American Wealth Advisory Group, Inc. 3.42% of their portfolio KANSAS CITY, MO 337,316337.3k $8.1m $8.1m 3.42% Unchanged
4 Authentikos Wealth Advisory, LLC 2.83% of their portfolio MORGAN HILL, CA 173,808173.8k $4.2m $4.2m 2.83% Reduced -11.3k -11,265
5 Elevated Capital Advisors, LLC 0.68% of their portfolio SANDY, UT 111,442111.4k $2.7m $2.7m 0.68% Added +72.3k +72,299
6 Wellment Financial 2.66% of their portfolio ELMHURST, IL 89,06689.1k $2.1m $2.1m 2.66% Reduced -126.3k -126,328
7 POM Investment Strategies, LLC 2.20% of their portfolio RALEIGH, NC 73,39673.4k $1.8m $1.8m 2.20% New
8 SMART Wealth LLC 0.31% of their portfolio Omaha, NE 44,14544.1k $1.1m $1.1m 0.31% Reduced -88.6k -88,571
9 Outlook Wealth Advisors, LLC 0.24% of their portfolio SHENANDOAH, TX 41,35041.4k $997.9k $997.9k 0.24% Reduced -149.4k -149,416
10 Csenge Advisory Group 0.04% of their portfolio CLEARWATER, FL 38,93538.9k $939.6k $939.6k 0.04% Reduced -54.0k -53,978
11 FWG Investments, LLC. 0.56% of their portfolio LEXINGTON, KY 36,62836.6k $883.9k $883.9k 0.56% Reduced -47.6k -47,644
12 FSA Advisors, Inc. 0.47% of their portfolio TROY, MI 29,34629.3k $708.2k $708.2k 0.47% New
13 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 29,17129.2k $704.0k $704.0k 0.00% New
14 Integrated Wealth Management 0.76% of their portfolio UNIONTOWN, OH 27,56027.6k $665.1k $665.1k 0.76% Reduced -70.3k -70,263
15 Networth Advisors, LLC 0.40% of their portfolio CANONSBURG, PA 23,30623.3k $562.4k $562.4k 0.40% Reduced -35.0k -35,036
16 HOWARD BAILEY SECURITIES, LLC 0.19% of their portfolio FORT WAYNE, IN 18,77818.8k $453.2k $453.2k 0.19% Reduced -113.6k -113,628
17 Quest 10 Wealth Builders, Inc. 0.24% of their portfolio Fuquay-Varina, VA 11,50511.5k $277.7k $277.7k 0.24% Reduced -18.9k -18,884
18 Aegis Wealth Management, Inc. 0.20% of their portfolio Guthrie Center, IA 10,52210.5k $253.9k $253.9k 0.20% Reduced -47.1k -47,076
19 Blackston Financial Advisory Group, LLC 0.14% of their portfolio THE VILLAGES, FL 9,3379.3k $225.3k $225.3k 0.14% Reduced -11.6k -11,649
20 Key Capital Management, INC 0.12% of their portfolio HENDERSONVILLE, TN 37075, TN 7,3757.4k $178.0k $178.0k 0.12% Reduced -6.3k -6,306
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,9685.0k $120.4k $120.4k 0.00% New
22 EVOLUTION WEALTH MANAGEMENT INC. 0.05% of their portfolio FORT MYERS, FL 2,9883.0k $72.1k $72.1k 0.05% Reduced -7.4k -7,367
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,3592.4k $56.9k $56.9k 0.00% Unchanged
24 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,7141.7k $41.4k $41.4k 0.00% Added +1.3k +1,348
25 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 1,3771.4k $33.2k $33.2k 0.00% New
26 Mosley Wealth Management 0.01% of their portfolio ANAHEIM, CA 1,0781.1k $26.6k $26.6k 0.01% New
27 Lloyd Advisory Services, LLC. 0.01% of their portfolio SUWANEE, GA 950950 $22.9k $22.9k 0.01% Reduced -407.0k -406,975
28 Kingdom Financial Group LLC. 0.01% of their portfolio PEORIA, AZ 950950 $22.9k $22.9k 0.01% Reduced -20.4k -20,429
29 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 476476 $11.5k $11.5k 0.00% Unchanged
30 Decker Retirement Planning Inc. 0.00% of their portfolio LEVI, UT 448448 $10.8k $10.8k 0.00% Reduced -474 -474
31 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 200200 $4.8k $4.8k 0.00% Unchanged
32 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 8484 $2.0k $2.0k 0.00% New