SCHEDULE: Vanguard Group Discloses 11.81% Stake in Clear Secure

The Vanguard Group reported beneficial ownership of 11.81% of Clear Secure Inc.'s Common Stock as of December 31, 2025.

Summary

• The Vanguard Group holds 11,507,931 shares of Clear Secure Inc. Common Stock.
• This represents 11.81% of the class of securities.
• Vanguard has shared voting power over 737,258 shares and shared dispositive power over 11,507,931 shares.
• An internal realignment occurred on January 12, 2026, where The Vanguard Group, Inc. ceased performing portfolio management and proxy voting services.
• Certain subsidiaries or business divisions of Vanguard are expected to report beneficial ownership separately going forward.
• The securities were acquired and are held in the ordinary course of business, not for influencing control of Clear Secure Inc.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It is a routine disclosure of beneficial ownership by a large institutional investor and does not contain information directly impacting the issuer's operational performance or future prospects.

Future Outlook

The Vanguard Group anticipates that certain subsidiaries or business divisions will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. following an internal realignment on January 12, 2026.

Management Comments

• On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. As of that date, The Vanguard Group, Inc. no longer performs portfolio management services or administers proxy voting.
• The Vanguard Group, Inc. anticipates that certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that currently have, or are deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release.
• These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures by institutional investors holding more than 5% of a company's stock, indicating passive investment intent. The internal realignment at Vanguard reflects an organizational change within the investment giant, which is common for large, diversified asset managers, and does not inherently signal a change in investment strategy towards Clear Secure Inc.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holding, confirming a large passive investment.
• Investment Professionals: Offers insight into The Vanguard Group's organizational structure changes and how future beneficial ownership reports will be filed.

Next Steps

• Certain Vanguard subsidiaries or business divisions are expected to report beneficial ownership separately from The Vanguard Group, Inc. in future filings.

Key Dates

Keywords

Clear Secure Inc, Vanguard Group, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Investment Adviser, SEC Filing