Vault-13

ELEVATION SERIES TRUST CBLS

CLOUGH HEDGED EQ · ETP · CUSIP 210322806

8 institutional holders +1 vs Q1 2026
1,435,1801.4m shares reported held*
$48.9mreported value*
2 new 3 added 3 reduced 1 sold out net bought ≈ $3.8m (+110.4k 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 ≈ $34.06. Options: 1 managers hold calls ($6.5k notional), 0 hold puts (—).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0510Q1 25: 7Q2 25: 9Q3 25: 7Q4 25: 8Q1 26: 7Q2 26: 88Q1 25Q2 25Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q1 20257
Q2 20259
Q3 20257
Q4 20258
Q1 20267
Q2 20268

Buyers vs sellers

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

Bought or addedCut or sold out
505Q2 25: 3 bought or addedQ2 25: 4 cut or sold outQ2 25Q3 25: 5 bought or addedQ3 25: 3 cut or sold outQ3 25Q4 25: 5 bought or addedQ4 25: 4 cut or sold outQ4 25Q1 26: 3 bought or addedQ1 26: 3 cut or sold outQ1 26Q2 26: 5 bought or addedQ2 26: 4 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q2 202534
Q3 202553
Q4 202554
Q1 202633
Q2 202654

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2k$4k$6k$8kQ3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $6.5kQ2 26 puts: $0Q2 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$0$0—
Q2 2026$6.5k$00.00

Biggest buyers

INSIGNEO ADVISORY SERVICES, LLC Added +65,300+65.3k
Waverly Advisors, LLC Added +21,112+21.1k
IFP Advisors, Inc New +17,159+17.2k
MGO ONE SEVEN LLC New +10,406+10.4k
HighTower Advisors, LLC Added +4,533+4.5k

Biggest sellers

ROYAL BANK OF CANADA Sold out -3,522-3.5k
Ethos Financial Group, LLC Reduced -2,474-2.5k
Able Wealth Management LLC Reduced -1,842-1.8k
Alchemi Wealth, LLC Reduced -260-260

Biggest calls

SIMPLEX TRADING, LLC New $6.5k100 shares

Biggest puts

None

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Waverly Advisors, LLC 0.11% of their portfolio BIRMINGHAM, AL 545,649545.6k $18.6m $18.6m 0.11% Added +21.1k +21,112
2 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 459,902459.9k $15.7m $15.7m 0.02% Added +4.5k +4,533
3 INSIGNEO ADVISORY SERVICES, LLC 0.47% of their portfolio MIAMI, FL 364,221364.2k $12.4m $12.4m 0.47% Added +65.3k +65,300
4 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 17,15917.2k $584.4k $584.4k 0.01% New
5 Alchemi Wealth, LLC 0.22% of their portfolio ESSEX, CT 13,81913.8k $470.7k $470.7k 0.22% Reduced -260 -260
6 Ethos Financial Group, LLC 0.03% of their portfolio KING OF PRUSSIA, PA 12,66212.7k $431.2k $431.2k 0.03% Reduced -2.5k -2,474
7 Able Wealth Management LLC 0.09% of their portfolio Toms River, NJ 11,36211.4k $386.9k $386.9k 0.09% Reduced -1.8k -1,842
8 MGO ONE SEVEN LLC 0.01% of their portfolio Beachwood, OH 10,40610.4k $354.4k $354.4k 0.01% New