# EDGAR Filing Document

**Accession Number:** 0001936157
**File Stem:** 0001936157-26-000347
**Filing Date:** 2026-6
**Character Count:** 27824
**Document Hash:** 162368f5db5a3af26ff8c2d3c8868b32
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001936157-26-000347.hdr.sgml**: 20260629

**ACCESSION NUMBER**: 0001936157-26-000347

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260629

**DATE AS OF CHANGE**: 20260629

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Elevation Series Trust
- **CENTRAL INDEX KEY:** 0001936157

**ORGANIZATION NAME:**
- **EIN:** 882465192
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23812
- **FILM NUMBER:** 261131384

**BUSINESS ADDRESS:**
- **STREET 1:** 1700 BROADWAY
- **STREET 2:** SUITE 2100
- **CITY:** DENVER
- **STATE:** CO
- **BUSINESS PHONE:** 7202128740

**MAIL ADDRESS:**
- **STREET 1:** 1700 BROADWAY
- **STREET 2:** SUITE 2100
- **CITY:** DENVER
- **STATE:** CO

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Consortio Funds Trust
- **DATE OF NAME CHANGE:** 20220630

## Series and Classes Contracts Data

### Clough Hedged Equity ETF (Series ID: S000089015)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000255432 | Clough Hedged Equity ETF | CBLS            |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Elevation Series Trust

- **b. Investment Company Act file number:** 811-23812

- **c. CIK number of Registrant:** 0001936157

- **d. LEI of Registrant:** 549300QVQ3VLO2G2BM75

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1700 Broadway Suite 2100

  - **City:** Denver

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80290

  - **Telephone number:** 8775249155

**Item A.2. Information about the Series.**

- **a. Name of Series:** Clough Hedged Equity ETF

- **b. EDGAR series identifier (if any):** S000089015

- **c. LEI of Series:** 5299001I1PH1Q5TS7A82

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $76458749.23

**Total Liabilities:** $23296261.59

**Net Assets:** $53162487.64

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000255432 | 1.82%                | -6.27%               | 9.58%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-66354.59               | $933071.92                                 |
| Month 2  | $-1009325.85             | $-2253534.00                               |
| Month 3  | $3336343.06              | $1364029.80                                |

**Designated Index Information**

- **Index Name:** S&P 500 (TR)

- **Index Identifier:** 500TR

### Schedule of Portfolio Investments

| Name                           | Title                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Curaleaf Holdings Inc          | Curaleaf Holdings Inc                         | CUSIP: 23126M102<br>LEI: 529900UBH7GFAVEOKA76 | Long             | EC               | CORP              | CA        |    403720 | NS      | $1421094.40   | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Affirm Holdings Inc            | Affirm Holdings Inc                           | CUSIP: 00827B106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -6270 | NS      | $-403035.60   | -0.76%            |  |  |  | No            |                  1 | On Loan: No      |
| Oscar Health Inc               | Oscar Health Inc                              | CUSIP: 687793109<br>LEI: 254900AE8KDLFDOPKZ19 | Long             | EC               | CORP              | US        |     80448 | NS      | $1485070.08   | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Yelp Inc                       | Yelp Inc                                      | CUSIP: 985817105<br>LEI: 5299007OU2DOSXPQBO35 | Short            | EC               | CORP              | US        |    -22690 | NS      | $-626244.00   | -1.18%            |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity Funds T-Fu | BLACKROCK LIQUIDITY FUNDS T-FUND (INST SHS)   | CUSIP: 09248U718<br>LEI: 5493002L9DNZ83RX7V61 | Long             | STIV             | RF                | US        |   6315473 | NS      | $6315473.43   | 11.88%            |  |  |  | No            |                  1 | On Loan: No      |
| Signet Jewelers Ltd            | Signet Jewelers Ltd                           | CUSIP: G81276100<br>LEI: 549300N3XPGE91WV7M22 | Short            | EC               | CORP              | BM        |     -6733 | NS      | $-599438.99   | -1.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Wix.com Ltd                    | Wix.com Ltd                                   | CUSIP: N/A<br>LEI: 5493008P6N29Q1AG9464       | Short            | EC               | CORP              | IL        |     -9348 | NS      | $-698202.12   | -1.31%            |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                       | KLA Corp                                      | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |       853 | NS      | $1493048.55   | 2.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Strategy Inc                   | STRATEGY INC                                  | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |      8020 | NS      | $1326909.00   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                    | Workday Inc                                   | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Short            | EC               | CORP              | US        |     -5122 | NS      | $-626932.80   | -1.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp      | Constellation Energy Corp                     | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |      4625 | NS      | $1447625.00   | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Krystal Biotech Inc            | Krystal Biotech Inc                           | CUSIP: 501147102<br>LEI: 549300YONUY68210OE41 | Long             | EC               | CORP              | US        |      4936 | NS      | $1294515.36   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                   | KKR & Co Inc                                  | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Short            | EC               | CORP              | US        |     -3900 | NS      | $-406926.00   | -0.77%            |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc                    | Corning Inc                                   | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |      8680 | NS      | $1425603.20   | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp              | Lam Research Corp                             | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      5872 | NS      | $1514153.92   | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc   | Apollo Global Management Inc                  | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Short            | EC               | CORP              | US        |     -3180 | NS      | $-409329.60   | -0.77%            |  |  |  | No            |                  1 | On Loan: No      |
| Viking Holdings Ltd            | Viking Holdings Ltd                           | CUSIP: G93A5A101<br>LEI: 52990032GOPN7BVQMN13 | Long             | EC               | CORP              | BM        |     16970 | NS      | $1390012.70   | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Docusign Inc                   | Docusign Inc                                  | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Short            | EC               | CORP              | US        |    -13664 | NS      | $-628407.36   | -1.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Molson Coors Beverage Co       | Molson Coors Beverage Co                      | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Short            | EC               | CORP              | US        |    -14267 | NS      | $-609771.58   | -1.15%            |  |  |  | No            |                  1 | On Loan: No      |
| Progyny Inc                    | Progyny Inc                                   | CUSIP: 74340E103<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -34645 | NS      | $-643704.10   | -1.21%            |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp                    | SiTime Corp                                   | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2464 | NS      | $1385137.60   | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins Inc                    | Rollins Inc                                   | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |     24244 | NS      | $1351118.12   | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                     | Federal National Mortgage Association         | CUSIP: 313586109<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | EC               | CORP              | US        |    115600 | NS      | $945608.00    | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp           | Ares Management Corp                          | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Short            | EC               | CORP              | US        |     -3560 | NS      | $-417944.00   | -0.79%            |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc      | Palantir Technologies Inc                     | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Short            | EC               | CORP              | US        |     -4210 | NS      | $-585653.10   | -1.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure Inc    | Sterling Infrastructure Inc                   | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |      2730 | NS      | $1407642.60   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| 2x Long VIX Futures ETF        | 2x Long VIX Futures ETF                       | CUSIP: 92891H606<br>LEI: 549300VPUEG2PPXCMM61 | Long             | EC               | RF                | US        |    184670 | NS      | $976904.30    | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlyle Group Inc/The          | Carlyle Group Inc/The                         | CUSIP: 14316J108<br>LEI: 529900NGGVF94UK6PG95 | Short            | EC               | CORP              | US        |     -8270 | NS      | $-414078.90   | -0.78%            |  |  |  | No            |                  1 | On Loan: No      |
| Campbell's Company/The         | The Campbell's Company                        | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Short            | EC               | CORP              | US        |    -29943 | NS      | $-622514.97   | -1.17%            |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd                        | SLB LTD                                       | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |     27606 | NS      | $1570229.28   | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Co                 | Halliburton Co                                | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     36308 | NS      | $1535828.40   | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Anheuser-Busch InBev SA/NV     | Anheuser-Busch InBev SA/NV                    | CUSIP: 03524A108<br>LEI: 5493008H3828EMEXB082 | Short            | EC               | CORP              | BE        |     -7830 | NS      | $-591556.50   | -1.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings PL | Seagate Technology Holdings PL                | CUSIP: G7997R103<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | IE        |      2300 | NS      | $1549372.00   | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                 | NRG Energy Inc                                | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      8494 | NS      | $1321496.52   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree Inc                | Dollar Tree Inc                               | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Short            | EC               | CORP              | US        |     -6040 | NS      | $-586544.40   | -1.10%            |  |  |  | No            |                  1 | On Loan: No      |
| CoreWeave Inc                  | CoreWeave Inc                                 | CUSIP: 21873S108<br>LEI: 984500511DP2B6186053 | Short            | EC               | CORP              | US        |     -6380 | NS      | $-712008.00   | -1.34%            |  |  |  | No            |                  1 | On Loan: No      |
| Solaris Energy Infrastructure  | Solaris Energy Infrastructure                 | CUSIP: 83418M103<br>LEI: 529900MTK3C8Y8TIIC10 | Long             | EC               | CORP              | US        |     19790 | NS      | $1461293.60   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp     | Capital One Financial Corp                    | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Short            | EC               | CORP              | US        |     -2040 | NS      | $-390252.00   | -0.73%            |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co             | Vertiv Holdings Co                            | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |      4240 | NS      | $1392797.60   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Capital Inc           | Blue Owl Capital Inc                          | CUSIP: 09581B103<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -44210 | NS      | $-431047.50   | -0.81%            |  |  |  | No            |                  1 | On Loan: No      |
| Western Digital Corp           | Western Digital Corp                          | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |      3320 | NS      | $1442606.40   | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                    | Oracle Corp                                   | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Short            | EC               | CORP              | US        |     -4110 | NS      | $-663312.90   | -1.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                      | Block Inc                                     | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Short            | EC               | CORP              | US        |     -5610 | NS      | $-395561.10   | -0.74%            |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                      | Adobe Inc                                     | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Short            | EC               | CORP              | US        |     -2562 | NS      | $-630508.20   | -1.19%            |  |  |  | No            |                  1 | On Loan: No      |
| X-Energy Inc                   | X-Energy Inc                                  | CUSIP: 98386P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40700 | NS      | $1291411.00   | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                    | Federal Home Loan Mortgage Corp               | CUSIP: 313400301<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | EC               | CORP              | US        |    152510 | NS      | $1082821.00   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc   | Monolithic Power Systems Inc                  | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      1038 | NS      | $1675757.58   | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                 | GE Vernova Inc                                | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      1180 | NS      | $1278482.80   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills Inc              | General Mills Inc                             | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Short            | EC               | CORP              | US        |    -17838 | NS      | $-629859.78   | -1.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Lumentum Holdings Inc          | Lumentum Holdings Inc                         | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |      1840 | NS      | $1660268.80   | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SoFi Technologies Inc          | SoFi Technologies Inc                         | CUSIP: 83406F102<br>LEI: 549300SW81JCMVZDDY09 | Short            | EC               | CORP              | US        |    -24340 | NS      | $-391874.00   | -0.74%            |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc       | Crowdstrike Holdings Inc                      | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Short            | EC               | CORP              | US        |     -1340 | NS      | $-597305.00   | -1.12%            |  |  |  | No            |                  1 | On Loan: No      |
| US Physical Therapy Inc        | US Physical Therapy Inc                       | CUSIP: 90337L108<br>LEI: 529900KL1UXQYFIOMY96 | Short            | EC               | CORP              | US        |     -8120 | NS      | $-578306.40   | -1.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Oklo Inc                       | Oklo Inc                                      | CUSIP: 02156V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19420 | NS      | $1407950.00   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc             | HCA Healthcare Inc                            | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Short            | EC               | CORP              | US        |     -1866 | NS      | $-810683.70   | -1.52%            |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co Inc         | Church & Dwight Co Inc                        | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Short            | EC               | CORP              | US        |     -6080 | NS      | $-590124.80   | -1.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc     | Chipotle Mexican Grill Inc                    | CUSIP: 169656105<br>LEI: 529900REP5VGTPCP1J71 | Short            | EC               | CORP              | US        |    -17494 | NS      | $-594621.06   | -1.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Ollie's Bargain Outlet Holding | Ollie's Bargain Outlet Holding                | CUSIP: 681116109<br>LEI: 529900YO5DSQCPEFDZ05 | Short            | EC               | CORP              | US        |     -6718 | NS      | $-581174.18   | -1.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Five Below Inc                 | Five Below Inc                                | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Short            | EC               | CORP              | US        |     -2780 | NS      | $-655134.80   | -1.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Venture Global Inc             | Venture Global Inc                            | CUSIP: 92333F101<br>LEI: 2549007XC91CAB3E0N98 | Long             | EC               | CORP              | US        |    123618 | NS      | $1640410.86   | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Aduro Clean Technologies Inc   | Aduro Clean Technologies Inc                  | CUSIP: 007408206<br>LEI: 984500CDD5XBB88E4636 | Short            | EC               | CORP              | CA        |    -54274 | NS      | $-766348.88   | -1.44%            |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                  | Amphenol Corp                                 | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      9719 | NS      | $1431317.13   | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                           | Taiwan Semiconductor Manufacturing Co Ltd ADR | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      3362 | NS      | $1331553.72   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Helen of Troy Ltd              | Helen of Troy Ltd                             | CUSIP: G4388N106<br>LEI: N/A                  | Short            | EC               | CORP              | BM        |    -25970 | NS      | $-601205.50   | -1.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Carnival Corp                  | Carnival Corp                                 | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | BM        |     51030 | NS      | $1352805.30   | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Communications Inc      | Rogers Communications Inc                     | CUSIP: 775109200<br>LEI: 5493000M6Z4XFIP6PF03 | Short            | EC               | CORP              | CA        |    -14750 | NS      | $-537342.50   | -1.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                 | Blackstone Inc                                | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Short            | EC               | CORP              | US        |     -3240 | NS      | $-406879.20   | -0.77%            |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                 | Salesforce Inc                                | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Short            | EC               | CORP              | US        |     -3439 | NS      | $-607086.67   | -1.14%            |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc         | UnitedHealth Group Inc                        | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      3800 | NS      | $1407824.00   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| RingCentral Inc                | RingCentral Inc                               | CUSIP: 76680R206<br>LEI: 549300C8EH0H1614VE84 | Short            | EC               | CORP              | US        |    -13130 | NS      | $-528088.60   | -0.99%            |  |  |  | No            |                  1 | On Loan: No      |
| Darden Restaurants Inc         | Darden Restaurants Inc                        | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Short            | EC               | CORP              | US        |     -3140 | NS      | $-629758.40   | -1.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corp          | Tenet Healthcare Corp                         | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Short            | EC               | CORP              | US        |     -3210 | NS      | $-568555.20   | -1.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Service Corp International/US  | Service Corp International/US                 | CUSIP: 817565104<br>LEI: 549300RKVM2ME20JHZ15 | Long             | EC               | CORP              | US        |     18521 | NS      | $1500756.63   | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp           | Deckers Outdoor Corp                          | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Short            | EC               | CORP              | US        |     -5640 | NS      | $-576408.00   | -1.08%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-30

**Name of Applicant:** Elevation Series Trust

**Signature:** Nick Austin

**Name of Signer:** Nick Austin

**Title:** Treasurer