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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
SNCR
6551
CALL
DELISTED
Synchronoss Technologies
SNCR
$21K ﹤0.01%
2,000
-400
-17% -$3.96K
STIM icon
6552
CALL
Neuronetics
STIM
$127M
$21K ﹤0.01%
+5,800
New +$21.2K
STRO icon
6553
CALL
Sutro Biopharma
STRO
$386M
$21K ﹤0.01%
+3,320
New +$52.3K
UFPI icon
6554
PUT
UFP Industries
UFPI
$4.95B
$21K ﹤0.01%
200
VIAV icon
6555
PUT
Viavi Solutions
VIAV
$7.95B
$21K ﹤0.01%
1,900
+1,500
+375% +$16.7K
XFOR icon
6556
PUT
X4 Pharmaceuticals
XFOR
$377M
$21K ﹤0.01%
+2,333
New +$32.1K
ZVIA icon
6557
Zevia
ZVIA
$118M
$21K ﹤0.01%
+9,813
New +$32.1K
EDR
6558
PUT
DELISTED
Endeavor Group Holdings, Inc.
EDR
$21K ﹤0.01%
175,700
+106,100
+152% +$3.25M
HUSE
6559
CALL
DELISTED
Strategy Shares US Market Rotation Strategy ETF
HUSE
$21K ﹤0.01%
1,100
-600
-35% -$11.5K
AIZ icon
6560
PUT
Assurant
AIZ
$13.9B
$20K ﹤0.01%
100
-100
-50% -$20.9K
ARAY icon
6561
Accuray
ARAY
$27.5M
$20K ﹤0.01%
11,229
-638
-5% -$1.34K
ARCO icon
6562
PUT
Arcos Dorados Holdings
ARCO
$1.74B
$20K ﹤0.01%
2,600
+900
+53% +$7.09K
ARQQ icon
6563
Arqit Quantum
ARQQ
$270M
$20K ﹤0.01%
+1,482
New +$29.2K
BW icon
6564
CALL
Babcock & Wilcox
BW
$1.18B
$20K ﹤0.01%
30,500
+100
+0.3% +$124
CECO icon
6565
CALL
Ceco Environmental
CECO
$3.49B
$20K ﹤0.01%
900
+800
+800% +$21.3K
CNA icon
6566
CALL
CNA Financial
CNA
$14.9B
$20K ﹤0.01%
+400
New +$19.5K
CYRX icon
6567
CryoPort
CYRX
$753M
$20K ﹤0.01%
3,443
-28,883
-89% -$200K
DNLI icon
6568
CALL
Denali Therapeutics
DNLI
$3.79B
$20K ﹤0.01%
1,500
-700
-32% -$13.4K
DOO
6569
CALL
Bombardier Recreational Products
DOO
$4.48B
$20K ﹤0.01%
600
+300
+100% +$13.2K
FIDU icon
6570
Fidelity MSCI Industrials Index ETF
FIDU
$2.26B
$20K ﹤0.01%
296
-840
-74% -$60K
FIZZ icon
6571
National Beverage
FIZZ
$3.06B
$20K ﹤0.01%
482
-419
-47% -$17.3K
GES
6572
DELISTED
Guess Inc
GES
$20K ﹤0.01%
+1,812
New +$21.9K
GOLF icon
6573
PUT
Acushnet Holdings
GOLF
$6B
$20K ﹤0.01%
+300
New +$20.4K
GSBD icon
6574
Goldman Sachs BDC
GSBD
$997M
$20K ﹤0.01%
1,763
-11,917
-87% -$149K
GTE icon
6575
CALL
Gran Tierra Energy
GTE
$236M
$20K ﹤0.01%
+4,100
New +$23.5K

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.