[SCHEDULE 13G] PSQ Holdings, Inc. SEC Filing

Rhea-AI Filing Summary

Alyeska Investment Group, L.P., Alyeska Fund GP, LLC and Anand Parekh reported beneficial ownership of 2,354,239 shares of PSQ Holdings, Inc. Class A common stock, representing 5.56% of the outstanding shares based on 42,325,298 shares outstanding. The filing shows the three reporting persons share voting and dispositive power over these shares; no sole voting or dispositive power is reported.

The statement is filed on Schedule 13G and certifies the shares were acquired and are held in the ordinary course of business and not to influence control of the issuer. The filing includes a joint filing statement and cites the issuer address and CUSIP 693691107.

Positive

• Disclosure of a >5% position (2,354,239 shares; 5.56%), providing market transparency
• Clear identification of reporting persons and shared voting/dispositive power, including addresses and CUSIP
• Certification of passive intent stating shares are held in the ordinary course of business

Negative

• None.

Insights

Securities Analyst

TL;DR: A registered investment adviser group reports a passive 5.56% stake in PSQ Holdings, triggering Schedule 13G disclosure.

The filing discloses an aggregate beneficial ownership of 2,354,239 shares or 5.56% of PSQ Holdings, based on 42,325,298 shares outstanding per the issuer's 10-Q. The ownership is reported as shared voting and dispositive power with zero sole power, consistent with ownership held through pooled investment vehicles and an affiliated GP and individual associated person. The certification that holdings are in the ordinary course of business supports treatment as passive under Schedule 13G. This is a material disclosure because it crosses the 5% reporting threshold and makes the stake visible to the market.

Corporate Governance Expert

TL;DR: Joint filing clarifies control relationships and confirms passive intent, important for governance transparency.

The Schedule 13G carefully identifies the reporting entities, their shared powers, and the joint filing arrangement. Shared voting and dispositive power suggests coordinated influence but the certification asserts no intent to change control. The joint filing language assigns amendment responsibilities among filers, which aids regulatory clarity. For governance, this disclosure alerts stakeholders to a meaningful, though characterized as passive, investor position that may affect shareholder dynamics.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

PSQ Holdings, Inc.

(Name of Issuer)

Class A common stock, par value $0.0001 per share

(Title of Class of Securities)

693691107

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 693691107

1

Names of Reporting Persons

Alyeska Investment Group, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,354,239.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,354,239.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,354,239.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.56 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. 693691107

1

Names of Reporting Persons

Alyeska Fund GP, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,354,239.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,354,239.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,354,239.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.56 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 693691107

1

Names of Reporting Persons

Anand Parekh

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,354,239.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,354,239.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,354,239.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.56 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: PSQ Holdings, Inc.
(b)	Address of issuer's principal executive offices: 313 Datura Street, Suite 200, West Palm Beach, Florida 33401
Item 2.
(a)	Name of person filing: (i) Alyeska Investment Group, L.P. (ii) Alyeska Fund GP, LLC (iii) Anand Parekh
(b)	Address or principal business office or, if none, residence: (i) 77 West Wacker Drive, 7th Floor, Chicago, IL 60601 (ii) 77 West Wacker Drive, 7th Floor, Chicago, IL 60601 (iii) 77 West Wacker Drive, 7th Floor, Chicago, IL 60601
(c)	Citizenship: (i) Alyeska Investment Group, L.P. - Delaware (ii) Alyeska Fund GP, LLC - Delaware (iii) Anand Parekh - United States of America
(d)	Title of class of securities: Class A common stock, par value $0.0001 per share
(e)	CUSIP No.: 693691107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2,354,239
(b)	Percent of class: 5.56%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 2,354,239
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 2,354,239
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Alyeska Investment Group, L.P.

Signature:	Jason Bragg
Name/Title:	Jason Bragg | Chief Financial Officer
Date:	08/14/2025

Alyeska Fund GP, LLC

Signature:	Jason Bragg
Name/Title:	Jason Bragg | Chief Financial Officer
Date:	08/14/2025

Anand Parekh

Signature:	Anand Parekh
Name/Title:	Anand Parekh | Self
Date:	08/14/2025

Exhibit Information

Item 4. Ownership: The reporting persons are the beneficial owners of 2,354,239 shares of the Issuer's Class A common stock, par value $0.0001 per share. The percentage calculation assumes that there are currently 42,325,298 outstanding shares of Common Stock of the Issuer, based on the Issuer's 10-Q filed with the Securities and Exchange Commission on May 8, 2025. JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on SCHEDULE 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on SCHEDULE 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

FAQ

How many PSQ Holdings (PSQH) shares did Alyeska report owning?

The filers report beneficial ownership of 2,354,239 shares of PSQ Holdings Class A common stock.

What percentage of PSQ Holdings does the reported stake represent?

The reported stake represents 5.56% of PSQ Holdings' outstanding common stock, based on 42,325,298 shares outstanding.

Do the reporting persons have sole voting or dispositive power over the shares?

No. The filing reports 0 sole voting power and 0 sole dispositive power; voting and dispositive power are reported as shared for 2,354,239 shares.

Was the Schedule 13G filed as a passive disclosure?

Yes. The filing includes a certification that the securities are held in the ordinary course of business and not to influence control, consistent with Schedule 13G treatment.

Who signed the filing on behalf of the reporting entities?

Jason Bragg, Chief Financial Officer, signed for Alyeska Investment Group, L.P. and Alyeska Fund GP, LLC; Anand Parekh signed for himself. Dates shown are 08/14/2025.