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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
KALU icon
6651
PUT
Kaiser Aluminum
KALU
$2.54B
$18K ﹤0.01%
300
-1,400
-82% -$98K
KOMP icon
6652
State Street SPDR S&P Kensho New Economies Composite ETF
KOMP
$2.54B
$18K ﹤0.01%
+390
New +$19.9K
KOF icon
6653
CALL
Coca-Cola Femsa
KOF
$22.5B
$18K ﹤0.01%
200
-300
-60% -$24.9K
KRYS icon
6654
PUT
Krystal Biotech
KRYS
$10.7B
$18K ﹤0.01%
100
-1,600
-94% -$269K
LE icon
6655
Lands' End
LE
$382M
$18K ﹤0.01%
1,782
+383
+27% +$4.56K
LWLG icon
6656
CALL
Lightwave Logic
LWLG
$849M
$18K ﹤0.01%
18,200
+17,600
+2,933% +$27.5K
NFGC
6657
New Found Gold
NFGC
$534M
$18K ﹤0.01%
15,135
+14,153
+1,441% +$24.4K
NTWK icon
6658
NetSol Technologies
NTWK
$51.2M
$18K ﹤0.01%
7,829
-1,392
-15% -$3.53K
OPRT icon
6659
PUT
Oportun Financial
OPRT
$264M
$18K ﹤0.01%
3,400
-13,600
-80% -$74.8K
PLL
6660
CALL
DELISTED
Piedmont Lithium
PLL
$18K ﹤0.01%
3,000
-87,500
-97% -$699K
POWW icon
6661
CALL
Outdoor Holding Co
POWW
$252M
$18K ﹤0.01%
13,700
-6,200
-31% -$9.61K
PRAA icon
6662
PRA Group
PRAA
$682M
$18K ﹤0.01%
916
+245
+37% +$5.2K
PST icon
6663
ProShares Trust UltraShort Lehman 7-10 Year Treasury
PST
$10.5M
$18K ﹤0.01%
+822
New +$19.6K
RCUS icon
6664
CALL
Arcus Biosciences
RCUS
$3.33B
$18K ﹤0.01%
2,300
-42,800
-95% -$496K
REK icon
6665
ProShares Short Real Estate
REK
$11.5M
$18K ﹤0.01%
+1,070
New +$18.3K
SGDJ icon
6666
PUT
Sprott Junior Gold Miners ETF
SGDJ
$267M
$18K ﹤0.01%
+500
New +$19.2K
SHEN icon
6667
PUT
Shenandoah Telecom
SHEN
$689M
$18K ﹤0.01%
1,500
+500
+50% +$5.88K
SKY icon
6668
CALL
Champion Homes
SKY
$4.45B
$18K ﹤0.01%
+200
New +$19.2K
SKYH icon
6669
CALL
Sky Harbour Group
SKYH
$369M
$18K ﹤0.01%
1,400
-4,500
-76% -$50.4K
STHO icon
6670
CALL
Star Holdings Shares of Beneficial Interest
STHO
$112M
$18K ﹤0.01%
+2,200
New +$19.2K
TCX icon
6671
Tucows
TCX
$103M
$18K ﹤0.01%
1,087
-4,732
-81% -$82.2K
TMP icon
6672
PUT
Tompkins Financial
TMP
$1.43B
$18K ﹤0.01%
300
TNL icon
6673
PUT
Travel + Leisure Co
TNL
$4.76B
$18K ﹤0.01%
400
+300
+300% +$15.7K
UEIC icon
6674
PUT
Universal Electronics
UEIC
$58.5M
$18K ﹤0.01%
3,000
+1,000
+50% +$8.77K
UHAL.B icon
6675
U-Haul Holding Co Series N
UHAL.B
$12.5B
$18K ﹤0.01%
+318
New +$19.9K

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.