Rivernorth Active Income ETFCEFZETF

13F holders, Q4 2025 (December 31)

29holders +7

11new positions

5sold out

$8.19avg. 13F price*

At the end of Q4 2025, 29 institutions reported holding Rivernorth Active Income ETF (CEFZ) in their 13F filings, up 7 from Q3 2025. 11 opened new positions and 5 sold out. The largest holders were Envestnet Asset Management Inc. ($6.8M), Park Avenue Securities LLC ($5.4M) and Waverly Advisors, LLC ($2.5M).

Company: Rivernorth Active Income ETF
Filed as: ELEVATION SERIES TRUST (Q4 2025)
CUSIP: 210322673
Latest filing quarter: Q2 2026

History

Number of 13F holders

Total Exit/New Position Q3 2025 → Q4 2025

	Institutions	Total Value
New Positions	11	$1.6M
Exits	5	$1.3M

All 13F filers, Q3 2025 → Q4 2025: 243,973 shares bought and 205,533 shares sold, net +38,440 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 29 holders


Envestnet Asset Management Inc.	0.00%	Reduce -2.9%	826,381	$6.8M
Park Avenue Securities LLC	0.05%	Reduce -2.5%	662,834	$5.4M
Waverly Advisors, LLC	0.02%	Reduce -0.5%	306,539	$2.5M
Waddell & Associates, LLC	0.08%	Add +2.5%	143,391	$1.2M
AE Wealth Management LLC	0.01%	New	111,913	$917K
MML Investors Services, LLC	0.00%	Reduce -1.1%	91,866	$752K
Triangle Securities Wealth Management	0.16%	Add +0.4%	90,428	$741K
GTS Securities LLC	0.02%	Add +358.6%	57,918	$474K
Cetera Investment Advisers	0.00%	Add +6.2%	40,154	$329K
Independent Financial Group, LLC	0.00%	No change	25,461	$209K
Integrated Capital Management, Inc.	0.13%	New	24,182	$198K
Cambridge Investment Research Advisors, Inc.	0.00%	No change	23,174	$190K
Great Lakes Retirement, Inc.	0.02%	New	20,821	$171K
Osaic Holdings, Inc.	0.00%	Add +1.4%	14,987	$123K
Lloyd Advisory Services, LLC.	0.05%	New	14,740	$121K
Creative Planning	0.00%	No change	11,876	$97K
Royal Bank of Canada	0.00%	No change	11,809	$97K
Authentikos Wealth Advisory, LLC	0.06%	New	10,997	$90K
Plante Moran Financial Advisors, LLC	0.01%	No change	10,626	$87K
CIBC Private Wealth Group LLC	0.00%	No change	4,431	$36K
Kingdom Financial Group LLC.	0.01%	New	3,627	$30K
Bank of America Corp.	0.00%	New	2,609	$21K
Allworth Financial LP	0.00%	New	2,381	$20K
Farther Finance Advisors, LLC	0.00%	New	792	$6K
Networth Advisors, LLC	0.00%	—	790	$6K
Aventura Private Wealth, LLC	0.00%	No change	384	$3K
Quest 10 Wealth Builders, Inc.	0.00%	New	164	$1K
Triumph Capital Management	0.00%	New	25	$205
DHJJ Financial Advisors, Ltd.	0.00%	No change	7	$60

"% of holder's portfolio" is CEFZ's weight in each manager's 13F, not the share of Rivernorth Active Income ETF the manager owns.