QBER

TrueShares Quarterly Bear Hedge ETF

31 hedge funds and large institutions have $136M invested in TrueShares Quarterly Bear Hedge ETF in 2025 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 21 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more ownership

Funds ownership:

more funds holding

Funds holding:

more funds holding in top 10

Funds holding in top 10:

19% less capital invested

Capital invested by funds: $167M → $136M (-$31M)

86% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 21

Holders
31
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
Puts
Net Calls
Net Calls Change

Top Buyers

1 +$1.99M
2 +$446K
3 +$358K
4
EWM
Evolution Wealth Management
Florida
+$29.2K

Top Sellers

1 -$13.9M
2 -$10.4M
3 -$3.28M
4
LI
LifeWealth Investments
Florida
-$2.87M
5
FA
FSA Advisors
Michigan
-$1.69M
Name Holding Trade Value Shares
Change
Change in
Stake
AWM
1
AE Wealth Management
Kansas
$75.3M
LAS
2
Lloyd Advisory Services
Georgia
$9.78M
MAWAG
3
Mid-American Wealth Advisory Group
Missouri
$8.09M
FWM
4
FSR Wealth Management
Illinois
$5.16M
OWA
5
Outlook Wealth Advisors
Texas
$4.57M
AWA
6
Authentikos Wealth Advisory
California
$4.44M
SW
7
SMART Wealth
Nebraska
$3.18M
HBS
8
Howard Bailey Securities
Indiana
$3.17M
TI
9
TrueMark Investments
Illinois
$2.98M
BOSSRA
10
B.O.S.S. Retirement Advisors
Utah
$2.54M
IWM
11
Integrated Wealth Management
Ohio
$2.34M
CAG
12
Csenge Advisory Group
Florida
$2.23M
FI
13
FWG Investments
Kentucky
$2.02M
LI
14
LifeWealth Investments
Florida
$1.61M
NA
15
Networth Advisors
Pennsylvania
$1.4M
AWMI
16
Aegis Wealth Management (Iowa)
Iowa
$1.38M
CA
17
Centennial Advisors
Texas
$1.24M
GLR
18
Great Lakes Retirement
Ohio
$1.13M
ECA
19
Elevated Capital Advisors
Utah
$938K
Q1WB
20
Quest 10 Wealth Builders
Virginia
$728K
KFG
21
Kingdom Financial Group
Arizona
$512K
BFAG
22
Blackston Financial Advisory Group
Florida
$503K
GRR
23
Golden Reserve Retirement
Ohio
$349K
KCM
24
Key Capital Management
Tennessee
$328K
EWM
25
Evolution Wealth Management
Florida
$248K