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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
MAN icon
6001
PUT
ManpowerGroup
MAN
$2.41B
$40K ﹤0.01%
700
-500
-42% -$29K
MDIV icon
6002
CALL
First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
$430M
$40K ﹤0.01%
600
-400
-40% -$6.56K
MFIN icon
6003
PUT
Medallion Financial
MFIN
$233M
$40K ﹤0.01%
4,700
-1,400
-23% -$12.4K
MGY icon
6004
PUT
Magnolia Oil & Gas
MGY
$5.93B
$40K ﹤0.01%
1,600
-700
-30% -$17K
NATL icon
6005
NCR Atleos
NATL
$3.46B
$40K ﹤0.01%
1,542
-4,699
-75% -$140K
NOAH
6006
PUT
Noah Holdings
NOAH
$583M
$40K ﹤0.01%
4,300
+4,100
+2,050% +$44.9K
OSS icon
6007
One Stop Systems
OSS
$297M
$40K ﹤0.01%
17,300
-7,744
-31% -$25.9K
PINE
6008
Alpine Income Property Trust
PINE
$335M
$40K ﹤0.01%
2,434
+2,300
+1,716% +$38K
PSFE icon
6009
PUT
Paysafe
PSFE
$434M
$40K ﹤0.01%
2,600
-9,800
-79% -$178K
RRX icon
6010
Regal Rexnord
RRX
$13.5B
$40K ﹤0.01%
+356
New +$49.5K
SHLS icon
6011
Shoals Technologies Group
SHLS
$1.49B
$40K ﹤0.01%
12,301
-34,080
-73% -$142K
TFPM icon
6012
Triple Flag Precious Metals
TFPM
$6.12B
$40K ﹤0.01%
+2,114
New +$36.1K
WTS icon
6013
PUT
Watts Water Technologies
WTS
$11.5B
$40K ﹤0.01%
+200
New +$41.9K
ABX
6014
Abacus Global Management
ABX
$1B
$39K ﹤0.01%
5,318
-5,079
-49% -$38.5K
AEVA
6015
PUT
Aeva Technologies
AEVA
$1.13B
$39K ﹤0.01%
5,700
-3,400
-37% -$14K
AORT icon
6016
CALL
Artivion
AORT
$1.34B
$39K ﹤0.01%
1,600
+1,200
+300% +$33.3K
ARCT icon
6017
Arcturus Therapeutics
ARCT
$168M
$39K ﹤0.01%
3,749
+1,562
+71% +$24.8K
COCO icon
6018
CALL
Vita Coco
COCO
$3.82B
$39K ﹤0.01%
1,300
+300
+30% +$10.7K
DAVA icon
6019
CALL
Endava
DAVA
$153M
$39K ﹤0.01%
2,000
-35,400
-95% -$982K
DBD icon
6020
PUT
Diebold Nixdorf
DBD
$2.47B
$39K ﹤0.01%
+900
New +$39.2K
FUN icon
6021
CALL
Cedar Fair
FUN
$1.81B
$39K ﹤0.01%
1,100
-2,200
-67% -$93.6K
HOUS
6022
CALL
DELISTED
Anywhere Real Estate
HOUS
$39K ﹤0.01%
11,800
+8,400
+247% +$29.8K
HYMB icon
6023
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.09B
$39K ﹤0.01%
+1,548
New +$39.7K
LFUS icon
6024
CALL
Littelfuse
LFUS
$11.2B
$39K ﹤0.01%
200
-400
-67% -$91.6K
MRVI icon
6025
PUT
Maravai LifeSciences
MRVI
$996M
$39K ﹤0.01%
17,800
+9,000
+102% +$35.6K

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.