TrueShares Quarterly Bear Hedge ETF
QBER
31 hedge funds and large institutions have $167M invested in TrueShares Quarterly Bear Hedge ETF in 2025 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 22 increasing their positions, 4 reducing their positions, and 4 closing their positions.
450% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 4
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
46% more capital invested
Capital invested by funds: $114M → $167M (+$53.1M)
0% more funds holding
Funds holding: 31 → 31 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
2.69% less ownership
Funds ownership: 78.71% → 76.02% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$26.9M |
| 2 |
TI
TrueMark Investments
Chicago,
Illinois
|
+$10.5M |
| 3 |
MAWAG
Mid-American Wealth Advisory Group
Kansas City,
Missouri
|
+$3.43M |
| 4 |
LAS
Lloyd Advisory Services
Suwanee,
Georgia
|
+$3.08M |
| 5 |
FWM
FSR Wealth Management
Elmhurst,
Illinois
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAP
Tounjian Advisory Partners
Fort Myers,
Florida
|
-$1.88M |
| 2 |
GM
GeoWealth Management
Chicago,
Illinois
|
-$769K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$205K |
| 4 |
PSFG
Park Square Financial Group
Roswell,
Georgia
|
-$172K |
| 5 |
ECA
Elevated Capital Advisors
Sandy,
Utah
|
-$136K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
26
Geneos Wealth Management
Englewood,
Colorado
| $17.7K | +$17.8K | +719 | New |
|
27
UBS Group
Zurich,
Switzerland
| $12.8K | +$12.8K | +518 | New |
|
|
GM
28
GeoWealth Management
Chicago,
Illinois
| $10.4K | -$769K | -31,140 | -99% |
|
|
RWPA
29
Richard W. Paul & Associates
Novi,
Michigan
| $6.02K | +$1.95K | +79 | +48% |
|
|
ASN
30
Advisory Services Network
Atlanta,
Georgia
| $4.12K | +$4.13K | +167 | New |
|
|
PA
31
Pineridge Advisors
St. Charles,
Missouri
| $2.1K | +$667 | +27 | +47% |
|
|
TAP
32
Tounjian Advisory Partners
Fort Myers,
Florida
| – | -$1.88M | -75,976 | Closed |
|
|
PSFG
33
Park Square Financial Group
Roswell,
Georgia
| – | -$172K | -6,983 | Closed |
|
|
T
34
Transce3nd
Kyle,
Texas
| – | -$82.4K | -3,340 | Closed |
|
|
GRP
35
Global Retirement Partners
San Rafael,
California
| – | -$3.53K | -143 | Closed |
|
QBER Hedge Fund Activity: Q3 2025 in Review
31 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in TrueShares Quarterly Bear Hedge ETF (QBER) for Q3 2025, worth a combined $167M — up 46% from $114M a quarter earlier.
Fund positioning in QBER was balanced in Q3 2025: 4 funds opened new positions, 4 closed out, 22 added to existing stakes and 4 trimmed.
The largest buyer was AE Wealth Management, adding an estimated $26.9M. The largest seller was Tounjian Advisory Partners, exiting entirely with an estimated $1.88M sold.
- 31 institutional investors held TrueShares Quarterly Bear Hedge ETF (QBER) as of Q3 2025, unchanged from Q2 2025.
- Funds reported $167M of TrueShares Quarterly Bear Hedge ETF stock for Q3 2025, up 46% quarter-over-quarter.
- 4 funds opened new TrueShares Quarterly Bear Hedge ETF positions in Q3 2025 and 4 closed out, a net change of 0 holders.
- The largest TrueShares Quarterly Bear Hedge ETF buyer in Q3 2025 was AE Wealth Management, an estimated $26.9M added.
- The largest TrueShares Quarterly Bear Hedge ETF seller in Q3 2025 was Tounjian Advisory Partners, an estimated $1.88M sold.
Based on aggregated 13F filings for Q3 2025.