Clear Street Derivatives LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed May 15, 2025), Clear Street Derivatives LLC reported 27 stock positions worth $7.5 billion. Its top holding was Nvidia (NVDA) at 64.0% of the portfolio, followed by Strategy (MSTR, 15.8%) and Coinbase Global Class A (COIN, 8.5%). Compared with Q3 2024, it opened 5 new positions, sold out of 5, added to 10 and reduced 8. The biggest buy was Strategy (MSTR, shares +211%) and the biggest sale Nvidia (NVDA, shares −6%).
- Most Recent 13F
- Q2 2025
- Location
- NEW YORK, NY
- CIK
- 0001983408
- Portfolio Value
- $7.5B (Q4 2024)
- SEC Filing
- 0001708828-25-000023 ↗ filed May 15, 2025
Holdings Value
Holdings 27 stocks · $7.5B
| NVDA Nvidia Corp. | 63.95% | 35,622,686 | $4.8B | Reduce -5.8% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 15.76% | 4,070,137 | $1.2B | Add +211.4% |
| COIN Coinbase Global Inc. Class A | 8.52% | 2,567,320 | $637.5M | Add +11.6% |
| PLTR Palantir Technologies Inc. Class A | 2.90% | 2,868,610 | $217.0M | New |
| AMD Advanced Micro Devices | 2.28% | 1,412,635 | $170.6M | Add +109.8% |
| TSLA Tesla Inc. | 1.66% | 308,000 | $124.4M | Reduce -69.1% |
| META Meta Platforms Inc. Class A | 1.00% | 127,578 | $74.7M | Add +50.6% |
| IBIT iShares Bitcoin Trust ETF | 0.92% | 1,301,848 | $69.1M | Add +98.6% |
| BABA Alibaba Group Holding-SP ADR | 0.62% | 550,653 | $46.7M | New |
| QQQ Invesco QQQ Trust Series 1 | 0.59% | 86,306 | $44.1M | Add +134.8% |
| AVGO Broadcom Inc. | 0.33% | 107,900 | $25.0M | Add +342.2% |
| ETHA iShares Ethereum Trust ETF | 0.27% | 806,342 | $20.4M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.21% | 26,656 | $15.6M | Add +102.7% |
| MSOS Advisorshares Pure US Cann | 0.20% | 3,935,000 | $15.0M | Reduce -42.9% |
| ARKK ARK Innovation ETF | 0.13% | 166,303 | $9.4M | New |
| MNR Mach Natural Resources LP | 0.12% | 533,221 | $9.2M | No change |
| GOOG Alphabet Inc. Class C | 0.11% | 44,603 | $8.5M | Reduce -0.7% |
| TXO Txo Partners LP | 0.09% | 407,420 | $6.9M | No change |
| SMCI Super Micro Computer Inc. | 0.09% | 225,000 | $6.9M | New |
| SOXX iShares Semiconductor ETF | 0.07% | 22,958 | $4.9M | Add +39.6% |
| MSFT Microsoft Corp. | 0.04% | 7,744 | $3.3M | Reduce -68.9% |
| AAPL Apple Inc. | 0.04% | 12,617 | $3.2M | Reduce -72.1% |
| NFLX Netflix Inc. | 0.04% | 3,247 | $2.9M | Add +365.2% |
| TLT iShares 20+ Year Treasury BD | 0.02% | 18,964 | $1.7M | Reduce -55.8% |
| URA Global X Uranium ETF | 0.01% | 34,800 | $932K | Reduce -84.2% |
| COOT Australian Oilseeds Holdings | 0.00% | 44,405 | $53K | No change |
| TRUGOLF HLDGS INC | 0.00% | 30,370 | $20K | No change |
Options reported separately and not counted above: TSLA puts ($124.4M), MSTR puts ($59.4M), IBIT puts ($53.0M), COIN puts ($18.6M).
Other holdings (49): bonds, preferreds, convertibles and warrants · $2.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | 261,730 | $537K | Reduce -22.0% |
| CXAIW Kins Tech Group Class A -CW25 | *W EXP 99/99/999 | 999,669 | $224K | Reduce -2.0% |
| RFACR RF Acquisition Corp.- Rights | RIGHT 05/01/2028 | 1,080,000 | $169K | No change |
| MDAIW Spectral AI -CW27 | *W EXP 09/11/202 | 219,867 | $167K | Reduce -71.0% |
| MRNOW Murano Global BV-28 | *W EXP 03/19/202 | 616,000 | $136K | No change |
| AQUNR Aquaron Acquisition Corp.-RTS | RIGHT 07/15/2026 | 736,155 | $125K | No change |
| CSLRF Consilium Acquisition -Right | RIGHT 99/99/9999 | 813,400 | $122K | No change |
| BNIXR Bannix Acquisition Corp.-RTS | RIGHT 07/31/2026 | 720,197 | $69K | No change |
| GBBKR Global Blockchain Acq - RTS | RIGHT 05/09/2027 | 627,000 | $66K | No change |
| GDSTR Goldenstone Acquisitio-Right | RIGHT 07/15/2026 | 380,000 | $61K | No change |
| VEEAW Plum Acquisition I A -CW28 | *W EXP 09/13/202 | 369,569 | $59K | No change |
| WTMAR Welsbach Tech Metals Acq -RT | RIGHT 12/22/2026 | 430,033 | $43K | No change |
| YOTAR Yotta Acquisition Corp. - RTS | RIGHT 03/15/2027 | 493,304 | $35K | No change |
| SPWRW Sunpower Inc.-CW27 | *W EXP 07/31/202 | 362,014 | $31K | No change |
| LDTDF Prospector Leddartech Alm-28 | *W EXP 12/21/202 | 286,746 | $29K | No change |
| RMSGW Real Messenger Corp.-28 | *W EXP 11/19/202 | 712,307 | $27K | New |
| FTIIW Futuretech II Acq -CW27 | *W EXP 08/18/202 | 1,729,629 | $27K | No change |
| BRACR Broad Capital Acquis-Right | RIGHT 01/10/2027 | 181,220 | $26K | No change |
| BAERW Wildfire New Pubco Inc.-27 | *W EXP 01/24/202 | 586,117 | $26K | No change |
| RFACW RF Acquisition Corp.-CW27 | *W EXP 05/01/202 | 780,500 | $25K | No change |
| NUAIW New Era Helium Inc. -29 | *W EXP 12/06/202 | 50,000 | $24K | New |
| DHAIW Aurora Technology Acquis -28 | *W EXP 04/20/202 | 401,600 | $21K | No change |
| WINVR Winvest Acquisition Corp.-RTS | RIGHT 99/99/9999 | 236,000 | $21K | No change |
| GRMLW Anew Medical Inc. | *W EXP 06/21/202 | 375,900 | $17K | No change |
| ABLVW Able View Global Inc.-28 | *W EXP 08/18/202 | 825,300 | $16K | No change |
| NVNWF Nvni Group Ltd.-28 | *W EXP 11/01/202 | 206,275 | $14K | No change |
| TETWF Technology & Telecommuni -27 | *W EXP 04/15/202 | 762,600 | $13K | No change |
| HCVIW Hennessy Capital Inv A -CW27 | *W EXP 99/99/999 | 98,090 | $12K | No change |
| EGUVF Evergreen Corporation -CW27 | *W EXP 02/08/202 | 350,245 | $10K | No change |
| VMCWF Valuence Merger Corp. -CW27 | *W EXP 99/99/999 | 261,599 | $9K | No change |
| VSEEW Digital Health Acquist-CW23 | *W EXP 99/99/999 | 150,000 | $7K | No change |
| ZEOWW Esgen Acquisition A -CW23 | *W EXP 03/13/202 | 70,000 | $7K | No change |
| FASWF Stonebridge Acquisition-CW23 | *W EXP 04/02/202 | 53,900 | $7K | No change |
| MSSRF Metal SKY Star Acquisi-Right | RIGHT 12/31/2025 | 128,904 | $6K | No change |
| COCHW Envoy Medical Inc.-CW27 | *W EXP 09/29/202 | 129,872 | $6K | No change |
| ASBPW Aspire Biopharma Holdin-CW27 | *W EXP 05/23/202 | 106,000 | $5K | No change |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | 37,267 | $5K | No change |
| ONMDW Data Knights Acq Class A -CW28 | *W EXP 11/07/202 | 240,717 | $5K | No change |
| APLMW Apollomics Inc.-27 | *W EXP 04/01/202 | 497,350 | $5K | No change |
| VSTWF Vast Solar PTY Ltd. -28 | *W EXP 07/01/202 | 57,900 | $4K | No change |
| OCEAW Aesther Healthcare Acq -CW23 | *W EXP 02/14/202 | 100,290 | $2K | No change |
| CEROW Phoenix Biotech Acq -CW26 | *W EXP 02/13/202 | 268,129 | $2K | No change |
| PBMWW Psyence Biomedical Ltd. | *W EXP 01/22/202 | 109,356 | $2K | Reduce -60.6% |
| ECXWW Ecarx Holdings Inc. Class A-27 | *W EXP 99/99/999 | 25,000 | $1K | No change |
| AILWQ Arrowroot Acquisition -CW26 | *W EXP 04/16/202 | 53,443 | $1K | No change |
| ZCARW Zoomcar Holdings Inc. | *W EXP 05/31/202 | 33,000 | $624 | No change |
| RMCOW American Acq Class A -CW26 | *W EXP 10/31/202 | 21,500 | $404 | No change |
| PARAW 7GC & Co. Holdings Class A -CW26 | *W EXP 12/14/202 | 18,353 | $204 | Reduce -74.5% |
| XBPEW CF Acquisition Viii A -CW27 | *W EXP 11/30/202 | 500 | $20 | No change |
Total filed on the 13F, all lines: $7.5B.
Portfolio Sells Q3 2024 → Q4 2024
| NVDA Nvidia Corp. | Reduce -5.8% | 63.95% | −15.10 |
| TSLA Tesla Inc. | Reduce -69.1% | 1.66% | −2.83 |
| MSOS Advisorshares Pure US Cann | Reduce -42.9% | 0.20% | −0.65 |
| MSFT Microsoft Corp. | Reduce -68.9% | 0.04% | −0.14 |
| AAPL Apple Inc. | Reduce -72.1% | 0.04% | −0.14 |
| URA Global X Uranium ETF | Reduce -84.2% | 0.01% | −0.10 |
| TLT iShares 20+ Year Treasury BD | Reduce -55.8% | 0.02% | −0.05 |
| ET Energy Transfer LP | Sold out | 0.00% | −0.04 |
| GOOG Alphabet Inc. Class C | Reduce -0.7% | 0.11% | −0.02 |
| BURTECH ACQUISITION CORP | Sold out | 0.00% | −0.00 |
| ALTERNUS CLEAN ENERGY INC | Sold out | 0.00% | −0.00 |
| AIEV Thunder Power Holdings Inc. | Sold out | 0.00% | −0.00 |
| NORTHVIEW ACQUISITION CORP | Sold out | 0.00% | −0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| MSTR Strategy Inc. | Add +211.4% | 15.76% | +11.96 |
| PLTR Palantir Technologies Inc. Class A | New | 2.90% | +2.90 |
| COIN Coinbase Global Inc. Class A | Add +11.6% | 8.52% | +1.46 |
| BABA Alibaba Group Holding-SP ADR | New | 0.62% | +0.62 |
| IBIT iShares Bitcoin Trust ETF | Add +98.6% | 0.92% | +0.52 |
| AMD Advanced Micro Devices | Add +109.8% | 2.28% | +0.38 |
| QQQ Invesco QQQ Trust Series 1 | Add +134.8% | 0.59% | +0.28 |
| ETHA iShares Ethereum Trust ETF | New | 0.27% | +0.27 |
| AVGO Broadcom Inc. | Add +342.2% | 0.33% | +0.26 |
| META Meta Platforms Inc. Class A | Add +50.6% | 1.00% | +0.16 |
| ARKK ARK Innovation ETF | New | 0.13% | +0.13 |
| SMCI Super Micro Computer Inc. | New | 0.09% | +0.09 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +102.7% | 0.21% | +0.08 |
| NFLX Netflix Inc. | Add +365.2% | 0.04% | +0.03 |
| SOXX iShares Semiconductor ETF | Add +39.6% | 0.07% | +0.00 |
Options Activity Q3 2024 → Q4 2024
| TSLA Tesla Inc. | put | New | 308,000 | $124.4M |
| MSTR Strategy Inc. | put | Reduce -54.4% | 205,000 | $59.4M |
| IBIT iShares Bitcoin Trust ETF | put | New | 1,000,000 | $53.0M |
| MSTR Strategy Inc. | call | Sold out | 200,000 | $33.7Mbefore exit |
| COIN Coinbase Global Inc. Class A | put | New | 75,000 | $18.6M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | Reduce -22.0% | 261,730 | $537K |
| CXAIW Kins Tech Group Class A -CW25 | *W EXP 99/99/999 | Reduce -2.0% | 999,669 | $224K |
| MDAIW Spectral AI -CW27 | *W EXP 09/11/202 | Reduce -71.0% | 219,867 | $167K |
| ASCRF A Spac II Acquisition-Right | RIGHT 10/15/2026 | Sold out | 1,803,093 | $144Kbefore exit |
| IGTAR Inception Growth Acq Ltd. -RT | RIGHT 12/08/2026 | Sold out | 1,166,133 | $140Kbefore exit |
| NOVVR Nova Vision Acquisition-RTS | RIGHT 99/99/9999 | Sold out | 464,961 | $114Kbefore exit |
| BLEUACACIA LTD | RIGHT 10/30/2026 | Sold out | 1,748,132 | $55Kbefore exit |
| FLDDW Fold Holdings Inc. -23 | *W EXP 02/14/203 | Sold out | 211,296 | $42Kbefore exit |
| NOVVW Nova Vision Acquisit -CW28 | *W EXP 12/31/202 | Sold out | 712,307 | $32Kbefore exit |
| IGTAW Inception Growth Acq -23 | *W EXP 10/15/202 | Sold out | 764,105 | $31Kbefore exit |
| RMSGW Real Messenger Corp.-28 | *W EXP 11/19/202 | New | 712,307 | $27K |
| NUAIW New Era Helium Inc. -29 | *W EXP 12/06/202 | New | 50,000 | $24K |
| ALSTF Alpha Star Acq Corp. - Rights | RIGHT 12/13/2026 | Sold out | 220,675 | $24Kbefore exit |
| NVACR Northview Acquisition Co.-RTS | RIGHT 99/99/9999 | Sold out | 397,210 | $20Kbefore exit |
| PLAOW Patria Latin American-CW27 | *W EXP 99/99/999 | Sold out | 363,287 | $16Kbefore exit |
| PERCEPTION CAPITAL CORP III | *W EXP 99/99/999 | Sold out | 516,200 | $15Kbefore exit |
| VSACW Vision Sensing Acq -CW23 | *W EXP 99/99/999 | Sold out | 318,900 | $14Kbefore exit |
| DUETW Duet Acquisition Corp. -27 | *W EXP 07/19/202 | Sold out | 692,000 | $13Kbefore exit |
| GLLIR Globalink Investment Inc.-RTS | RIGHT 12/06/2026 | Sold out | 99,900 | $12Kbefore exit |
| BHACW Crixus BH3 Acquisition -CW26 | *W EXP 99/99/999 | Sold out | 233,455 | $10Kbefore exit |
| TLGWF TLGY Acquisition Corp. -23 | *W EXP 11/09/202 | Sold out | 286,950 | $7Kbefore exit |
| SEDA.WS SDCL Edge Acq Class A -CW28 | *W EXP 99/99/999 | Sold out | 67,390 | $7Kbefore exit |
| PHYWF PHYT WS -CW | *W EXP 05/03/202 | Sold out | 100,000 | $6Kbefore exit |
| ALSWF Alpha Star Acquisition -CW23 | *W EXP 12/13/202 | Sold out | 349,800 | $5Kbefore exit |
| FRLAW Fortune Rise Acquisit -CW23 | *W EXP 12/06/202 | Sold out | 150,500 | $4Kbefore exit |
| HAIWF Healthcare AI Acq -CW23 | *W EXP 12/07/202 | Sold out | 151,031 | $4Kbefore exit |
| ONYXW Onyx Acq Co. I Class A -CW23 | *W EXP 11/30/202 | Sold out | 265,910 | $3Kbefore exit |
| ROCLW Roth CH Acquisition V -CW23 | *W EXP 12/10/202 | Sold out | 50,000 | $2Kbefore exit |
| SOARW Volato Group Inc. - CW23 | *W EXP 12/04/202 | Sold out | 125,825 | $2Kbefore exit |
| GLLIW Globalink Investment -CW23 | *W EXP 12/03/202 | Sold out | 90,000 | $2Kbefore exit |
| IVCWF Investcorp Europe Acquis -27 | *W EXP 12/15/202 | Sold out | 214,400 | $2Kbefore exit |
| NFSWF Enphys Acquisition -CW24 | *W EXP 99/99/999 | Sold out | 646,092 | $2Kbefore exit |
| FNVWF Finnovate Acquisition -CW23 | *W EXP 09/30/202 | Sold out | 86,684 | $2Kbefore exit |
| PBMWW Psyence Biomedical Ltd. | *W EXP 01/22/202 | Reduce -60.6% | 109,356 | $2K |
| EVCOW Everest Consolidator Acquisi | *W EXP 99/99/999 | Sold out | 47,000 | $1Kbefore exit |
| CTSWF Cactus Acquisition Corp.-CW23 | *W EXP 08/17/202 | Sold out | 53,700 | $1Kbefore exit |
| BLEUACACIA LTD | *W EXP 10/30/202 | Sold out | 34,099 | $931before exit |
| MAQCW Maquia Capital Acq A -CW27 | *W EXP 99/99/999 | Sold out | 39,854 | $917before exit |
| MCAAW Mountain & Co. I Acq -CW23 | *W EXP 09/30/202 | Sold out | 88,245 | $882before exit |
| PERCEPTION CAPITAL CORP IV | *W EXP 99/99/999 | Sold out | 12,000 | $604before exit |
| SMXWW SMX Security Matters PLC-28 | *W EXP 03/07/202 | Sold out | 66,117 | $549before exit |
| JWSWF Jaws Mustang Acq C -CW26 | *W EXP 01/30/202 | Sold out | 20,000 | $462before exit |
| BLUAW Blueriver Acquisit A -CW26 | *W EXP 01/04/202 | Sold out | 231,057 | $231before exit |
| PARAW 7GC & Co. Holdings Class A -CW26 | *W EXP 12/14/202 | Reduce -74.5% | 18,353 | $204 |
| IMAQW International Media Ac -CW28 | *W EXP 99/99/999 | Sold out | 5,000 | $94before exit |
| IXQWF Ix Acquisition Corp. -CW26 | *W EXP 07/31/202 | Sold out | 1,000 | $78before exit |
| APXIW Apx Acquisition Corp. I -23 | *W EXP 99/99/999 | Sold out | 687 | $34before exit |
| NUVWQ Holdco Nuvo Group DG Ltd. | *W EXP 05/01/202 | Sold out | 45,664 | $23before exit |
| INTEW Integral Acquisition -CW28 | *W EXP 05/31/202 | Sold out | 299 | $13before exit |
| CNGLW Canna-Global Acquisit -CW23 | *W EXP 99/99/999 | Sold out | 1,312,602 | $0before exit |
Showing the first 50 of 53.
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2025 | 4 | $11.5M | MNR, TXO, COOT, TRUG |
| Q1 2025 | 30 | $5.8B | NVDA, MSTR, TSLA, COIN, PLTR |
| Q4 2024Amended | 27 | $7.5B | NVDA, MSTR, COIN, PLTR, AMD |
| Q3 2024Amended | 27 | $5.8B | NVDA, COIN, TSLA, MSTR, AMD |
| Q2 2024Amended | 27 | $6.5B | NVDA, TSLA, COIN, MSOS, META |
| Q1 2024Amended | 27 | $4.0B | NVDA, TSLA, COIN, MSOS, NVDL |