Vault-13

ELEVATION SERIES TRUST CEFZ

RIVERNORTH ACTIV · ETP · CUSIP 210322673

33 institutional holders +5 vs Q1 2026
2,670,9442.7m shares reported held*
$22.0mreported value*
6 new 15 added 8 reduced 2 sold out net bought ≈ $1.8m (+223.7k 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 ≈ $8.23.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

02040Q3 25: 22Q4 25: 29Q1 26: 28Q2 26: 3333Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q3 202522
Q4 202529
Q1 202628
Q2 202633

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 25: 16 bought or addedQ4 25: 9 cut or sold outQ4 25Q1 26: 14 bought or addedQ1 26: 14 cut or sold outQ1 26Q2 26: 21 bought or addedQ2 26: 10 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q4 2025169
Q1 20261414
Q2 20262110

Biggest buyers

CITADEL ADVISORS LLC New +103,294+103.3k
Cambridge Investment Research Advisors, Inc. Added +46,333+46.3k
MML INVESTORS SERVICES, LLC Added +28,230+28.2k
ENVESTNET ASSET MANAGEMENT INC Added +13,600+13.6k
OSAIC HOLDINGS, INC. Added +10,332+10.3k
Lloyd Advisory Services, LLC. Added +10,264+10.3k
WEDBUSH SECURITIES INC Added +9,972+10.0k
GTS SECURITIES LLC Added +9,889+9.9k
PARK AVENUE SECURITIES LLC Added +7,130+7.1k
UBS Group AG New +5,657+5.7k

Biggest sellers

JANE STREET GROUP, LLC Sold out -14,792-14.8k
Plante Moran Financial Advisors, LLC Sold out -10,626-10.6k
Kestra Advisory Services, LLC Reduced -3,380-3.4k
AE Wealth Management LLC Reduced -3,245-3.2k
Great Lakes Retirement, Inc. Reduced -1,331-1.3k
Elevated Capital Advisors, LLC Reduced -1,024-1.0k
Waverly Advisors, LLC Reduced -945-945
Kingdom Financial Group LLC. Reduced -633-633
INDEPENDENT FINANCIAL GROUP, LLC Reduced -349-349
Authentikos Wealth Advisory, LLC Reduced -33-33

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 827,723827.7k $6.8m $6.8m 0.00% Added +13.6k +13,600
2 PARK AVENUE SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 653,816653.8k $5.4m $5.4m 0.03% Added +7.1k +7,130
3 Waverly Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 298,482298.5k $2.5m $2.5m 0.01% Reduced -945 -945
4 WADDELL & ASSOCIATES, LLC 0.06% of their portfolio MEMPHIS, TN 150,701150.7k $1.2m $1.2m 0.06% Added +3.7k +3,666
5 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 109,203109.2k $898.7k $898.7k 0.00% Reduced -3.2k -3,245
6 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 103,294103.3k $850.0k $850.0k 0.00% New
7 Triangle Securities Wealth Management 0.15% of their portfolio RALEIGH, NC 90,69690.7k $746.4k $746.4k 0.15% Added +78 +78
8 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 90,32590.3k $743.3k $743.3k 0.00% Added +28.2k +28,230
9 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 80,47680.5k $662.0k $662.0k 0.00% Added +46.3k +46,333
10 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 41,87241.9k $344.6k $344.6k 0.00% Added +2.2k +2,196
11 INTEGRATED CAPITAL MANAGEMENT, INC. 0.16% of their portfolio JESSUP, PA 27,21327.2k $223.9k $223.9k 0.16% Added +2.5k +2,468
12 INDEPENDENT FINANCIAL GROUP, LLC 0.00% of their portfolio SAN DIEGO, CA 26,34226.3k $216.8k $216.8k 0.00% Reduced -349 -349
13 GTS SECURITIES LLC 0.00% of their portfolio NEW YORK, NY 24,85424.9k $204.5k $204.5k 0.00% Added +9.9k +9,889
14 WEDBUSH SECURITIES INC 0.00% of their portfolio PASADENA, CA 20,97321.0k $173.0k $173.0k 0.00% Added +10.0k +9,972
15 Great Lakes Retirement, Inc. 0.01% of their portfolio SANDUSKY, OH 17,57317.6k $144.6k $144.6k 0.01% Reduced -1.3k -1,331
16 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 15,91115.9k $130.9k $130.9k 0.00% Reduced -3.4k -3,380
17 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 15,12615.1k $124.5k $124.5k 0.00% Added +10.3k +10,332
18 Lloyd Advisory Services, LLC. 0.04% of their portfolio SUWANEE, GA 14,06814.1k $115.8k $115.8k 0.04% Added +10.3k +10,264
19 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 11,87611.9k $97.7k $97.7k 0.00% Unchanged
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 11,80911.8k $97.0k $97.0k 0.00% Unchanged
21 Authentikos Wealth Advisory, LLC 0.06% of their portfolio MORGAN HILL, CA 11,40711.4k $93.9k $93.9k 0.06% Reduced -33 -33
22 Elevated Capital Advisors, LLC 0.02% of their portfolio SANDY, UT 8,0878.1k $66.6k $66.6k 0.02% Reduced -1.0k -1,024
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 5,6575.7k $46.6k $46.6k 0.00% New
24 Institute for Wealth Management, LLC. 0.00% of their portfolio DENVER, CO 4,2484.2k $35.0k $35.0k 0.00% New
25 Kingdom Financial Group LLC. 0.01% of their portfolio PEORIA, AZ 3,1713.2k $26.1k $26.1k 0.01% Reduced -633 -633
26 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 2,5022.5k $20.6k $20.6k 0.00% Added +61 +61
27 TOUNJIAN ADVISORY PARTNERS, LLC 0.01% of their portfolio FORT MYERS, FL 1,5251.5k $12.6k $12.6k 0.01% New
28 Networth Advisors, LLC 0.00% of their portfolio CANONSBURG, PA 684684 $5.6k $5.6k 0.00% Added +115 +115
29 Decker Retirement Planning Inc. 0.00% of their portfolio LEVI, UT 570570 $4.7k $4.7k 0.00% New
30 IFG Advisory, LLC 0.00% of their portfolio ATLANTA, GA 475475 $3.9k $3.9k 0.00% New
31 Quest 10 Wealth Builders, Inc. 0.00% of their portfolio Fuquay-Varina, VA 164164 $1.4k $1.4k 0.00% Unchanged
32 Montgomery Financial Services LLC 0.00% of their portfolio OCEAN CITY, MD 8989 $732 $732 0.00% First filing
33 Triumph Capital Management 0.00% of their portfolio DENVER, CO 3232 $263 $263 0.00% Added +4 +4