Clear Street Portfolio holdings

Clear Street's Q1 2023 Portfolio in Review

As of Q1 2023, Clear Street held 1,607 positions worth $2.81B, down 65% from $7.92B the previous quarter. Its ten largest holdings account for 67% of the portfolio.

Clear Street withdrew a net $5.83B in Q1 2023, closing 417 positions and reducing 401 holdings. Its most notable exit was State Street SPDR S&P 500 ETF Trust, an estimated $1.76B position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 7.6% of assets, up from 1.1% a quarter earlier, followed by Consumer Discretionary and Financials.

Against the trend, Clear Street opened a new position in Cigna worth $53.7M.

• Clear Street's largest Q1 2023 buy was Cigna: 210,000 shares worth $53.7M.
• Clear Street added most to Walt Disney in Q1 2023, an estimated $54M increase.
• Clear Street's biggest Q1 2023 reduction was Tesla, cutting an estimated $285M.
• Clear Street fully exited State Street SPDR S&P 500 ETF Trust in Q1 2023, selling an estimated $1.76B.
• Clear Street's ten largest holdings make up 67% of its $2.81B portfolio in Q1 2023.
• Clear Street opened 388 new positions and closed 417 in Q1 2023.
• Clear Street's portfolio value fell 65% quarter-over-quarter to $2.81B.

Based on Clear Street's 13F filing for Q1 2023, filed 12 May 2023.