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Simplex Trading

Simplex Trading Portfolio holdings

AUM $149B
1-Year Est. Return 62.07%
 

Simplex Trading, founded in 2004 and headquartered in Chicago, Illinois, is a technology-driven proprietary trading firm specializing in market-making and liquidity provision, primarily in U.S. equity options and futures options. Leveraging advanced proprietary software and data-driven analysis, the firm optimizes trading strategies and develops innovative solutions to capitalize on financial market opportunities, maintaining a competitive edge through automation and a collaborative team of technologists and traders. With a workforce exceeding 300 and led by CEO Erik Swanson since 2014, Simplex operates with a low-ego, high-intelligence culture, focusing on minimal bureaucracy and rapid execution, while also making strategic venture capital investments in fintech startups. Recognized as a top workplace in Chicago by Built In’s 2025 awards, Simplex continues to evolve, blending cutting-edge technology with a commitment to market efficiency and growth.

This Fund
S&P 500
This Quarter Est. Return
-4.36%
1 Year Est. Return
+62.07%
3 Year Est. Return
+116.86%
5 Year Est. Return
+116.02%
10 Year Est. Return
+774.44%
AUM
$156B
AUM Growth
-$22.4B
Cap. Flow
-$7.93B
Cap. Flow %
-5.08%
Top 10 Hldgs %
50.56%
Holding
10,070
New
1,566
Increased
3,139
Reduced
3,654
Closed
1,547

Top Sells

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$518M
2
MSTR icon
Strategy Inc
MSTR
+$81.2M
3
BABA icon
Alibaba
BABA
+$66.7M
4
AMD icon
Advanced Micro Devices
AMD
+$44.3M
5
UBER icon
Uber
UBER
+$41.3M

Sector Composition

Rank Sector Weight
1 Technology 0.41%
2 Consumer Discretionary 0.22%
3 Healthcare 0.17%
4 Communication Services 0.15%
5 Financials 0.13%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
PTN
5976
CALL
Palatin Technologies
PTN
$13.9M
$41K ﹤0.01%
+1,418
New +$66K
SCO icon
5977
ProShares UltraShort Bloomberg Crude Oil
SCO
$678M
$41K ﹤0.01%
614
-21
-3% -$1.43K
SUZ icon
5978
PUT
Suzano
SUZ
$10.4B
$41K ﹤0.01%
4,500
+200
+5% +$2K
TENB icon
5979
CALL
Tenable Holdings
TENB
$3.59B
$41K ﹤0.01%
1,200
-300
-20% -$11.7K
TWM icon
5980
ProShares UltraShort Russell2000
TWM
$43.8M
$41K ﹤0.01%
775
+127
+20% +$5.9K
VCYT icon
5981
CALL
Veracyte
VCYT
$4.77B
$41K ﹤0.01%
1,400
+800
+133% +$30.5K
FNA
5982
CALL
DELISTED
Paragon 28, Inc.
FNA
$41K ﹤0.01%
+3,200
New +$39.8K
ADPT icon
5983
CALL
Adaptive Biotechnologies
ADPT
$3.87B
$40K ﹤0.01%
5,500
+4,600
+511% +$35.4K
AGEN
5984
CALL
Agenus
AGEN
$329M
$40K ﹤0.01%
27,200
-283,000
-91% -$815K
ANGI icon
5985
CALL
Angi Inc
ANGI
$229M
$40K ﹤0.01%
+2,600
New +$44.3K
ANIP icon
5986
CALL
ANI Pharmaceuticals
ANIP
$1.83B
$40K ﹤0.01%
+600
New +$35.8K
CERS icon
5987
Cerus
CERS
$579M
$40K ﹤0.01%
+28,967
New +$48.5K
CMPR icon
5988
CALL
Cimpress
CMPR
$2.29B
$40K ﹤0.01%
900
+800
+800% +$45K
CXM icon
5989
PUT
Sprinklr
CXM
$1.45B
$40K ﹤0.01%
4,800
-1,300
-21% -$11.4K
DEA
5990
PUT
Easterly Government Properties
DEA
$1.15B
$40K ﹤0.01%
1,520
-2,320
-60% -$63.8K
DHC
5991
PUT
Diversified Healthcare Trust
DHC
$2.17B
$40K ﹤0.01%
17,000
-2,700
-14% -$6.66K
EDIT icon
5992
PUT
Editas Medicine
EDIT
$413M
$40K ﹤0.01%
35,200
+6,200
+21% +$9.12K
EHC icon
5993
PUT
Encompass Health
EHC
$11B
$40K ﹤0.01%
+400
New +$39.1K
EIDO icon
5994
iShares MSCI Indonesia ETF
EIDO
$480M
$40K ﹤0.01%
+2,461
New +$42.9K
FET icon
5995
CALL
Forum Energy Technologies
FET
$581M
$40K ﹤0.01%
+2,000
New +$36.9K
FHI icon
5996
CALL
Federated Hermes
FHI
$4.51B
$40K ﹤0.01%
+1,000
New +$39K
GOSS icon
5997
PUT
Gossamer Bio
GOSS
$87.2M
$40K ﹤0.01%
36,500
-60,200
-62% -$69.6K
HYD icon
5998
VanEck High Yield Muni ETF
HYD
$4.44B
$40K ﹤0.01%
+788
New +$40.8K
IPG
5999
PUT
DELISTED
Interpublic Group of Companies
IPG
$40K ﹤0.01%
1,500
-6,100
-80% -$167K
KOF icon
6000
Coca-Cola Femsa
KOF
$22.9B
$40K ﹤0.01%
444
-344
-44% -$28.5K

Similar funds

Simplex Trading's Q1 2025 Portfolio in Review

As of Q1 2025, Simplex Trading held 10,070 positions worth $156B, down 13% from $179B the previous quarter. Its ten largest holdings account for 51% of the portfolio.

Simplex Trading withdrew a net $7.93B in Q1 2025, closing 1,547 positions and reducing 3,654 holdings. Its most notable exit was Alibaba, an estimated $66.7M position sold in full.

By sector, the portfolio is most concentrated in Technology at 0.41% of assets, down from 0.68% a quarter earlier, followed by Consumer Discretionary and Healthcare.

Against the trend, Simplex Trading opened a new position in iShares 20+ Year Treasury Bond ETF worth $278M.

  • Simplex Trading's largest Q1 2025 buy was iShares 20+ Year Treasury Bond ETF: 3,057,978 shares worth $278M.
  • Simplex Trading added most to NVIDIA in Q1 2025, an estimated $89.9M increase.
  • Simplex Trading's biggest Q1 2025 reduction was Apple, cutting an estimated $518M.
  • Simplex Trading fully exited Alibaba in Q1 2025, selling an estimated $66.7M.
  • Simplex Trading's ten largest holdings make up 51% of its $156B portfolio in Q1 2025.
  • Simplex Trading opened 1,566 new positions and closed 1,547 in Q1 2025.
  • Simplex Trading's portfolio value fell 13% quarter-over-quarter to $156B.

Based on Simplex Trading's 13F filing for Q1 2025, filed 12 May 2025.