PSQ Holdings, Inc. Warrants, Each whole warrant exercisable for 1/15th of a share of Class A common stock at an exercise price of $172.50 per share

PSQH.WS

Market cap $1.08M

PSQH.WS Hedge Fund Activity: Q1 2026 in Review

20 of the 8,131 institutional investors tracked by Wall St. Rank reported a position in PSQ Holdings, Inc. Warrants, Each whole warrant exercisable for 1/15th of a share of Class A common stock at an exercise price of $172.50 per share (PSQH.WS) for Q1 2026, worth a combined $255K — down 45% from $466K a quarter earlier.

Buyers outnumbered sellers: 1 fund opened new PSQH.WS positions and 0 closed out — a net gain of 1 holder — while 3 added to existing stakes and 3 trimmed.

The largest buyer was Zazove Associates, adding an estimated $36.2K. The largest seller was Skaana Management, cutting an estimated $23.5K.

• 20 institutional investors held PSQ Holdings, Inc. Warrants, Each whole warrant exercisable for 1/15th of a share of Class A common stock at an exercise price of $172.50 per share (PSQH.WS) as of Q1 2026, up from 19 in Q4 2025.
• Funds reported $255K of PSQ Holdings, Inc. Warrants, Each whole warrant exercisable for 1/15th of a share of Class A common stock at an exercise price of $172.50 per share stock for Q1 2026, down 45% quarter-over-quarter.
• 1 fund opened new PSQ Holdings, Inc. Warrants, Each whole warrant exercisable for 1/15th of a share of Class A common stock at an exercise price of $172.50 per share positions in Q1 2026 and 0 closed out, a net change of +1 holder.
• The largest PSQ Holdings, Inc. Warrants, Each whole warrant exercisable for 1/15th of a share of Class A common stock at an exercise price of $172.50 per share buyer in Q1 2026 was Zazove Associates, an estimated $36.2K added.
• The largest PSQ Holdings, Inc. Warrants, Each whole warrant exercisable for 1/15th of a share of Class A common stock at an exercise price of $172.50 per share seller in Q1 2026 was Skaana Management, an estimated $23.5K sold.

Based on aggregated 13F filings for Q1 2026.