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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
AIBU
6726
Direxion Daily AI and Big Data Bull 2X ETF
AIBU
$21.3M
$17K ﹤0.01%
637
+295
+86% +$10.3K
BTCL
6727
PUT
T-Rex 2X Long Bitcoin Daily Target ETF
BTCL
$22.4M
$17K ﹤0.01%
600
-4,900
-89% -$229K
INVX
6728
PUT
Innovex International
INVX
$1.79B
$17K ﹤0.01%
+1,000
New +$17K
QTOP
6729
iShares Nasdaq Top 30 Stocks ETF
QTOP
$274M
$17K ﹤0.01%
717
+100
+16% +$2.58K
PRSU
6730
Pursuit Attractions and Hospitality Inc
PRSU
$1.48B
$17K ﹤0.01%
+497
New +$19.4K
IVAC
6731
DELISTED
Intevac Inc
IVAC
$17K ﹤0.01%
4,277
+1,548
+57% +$5.83K
ME
6732
CALL
DELISTED
23andMe Holding Co
ME
$17K ﹤0.01%
23,100
-6,100
-21% -$15.3K
ACDC icon
6733
PUT
ProFrac Holding
ACDC
$671M
$16K ﹤0.01%
2,200
+2,000
+1,000% +$15.4K
AEYE icon
6734
AudioEye
AEYE
$75.8M
$16K ﹤0.01%
1,463
-4,115
-74% -$62.1K
AQST icon
6735
PUT
Aquestive Therapeutics
AQST
$472M
$16K ﹤0.01%
5,600
+1,300
+30% +$3.94K
ASYS icon
6736
Amtech Systems
ASYS
$257M
$16K ﹤0.01%
3,468
+2,901
+512% +$15K
AZZ icon
6737
CALL
AZZ Inc
AZZ
$4.41B
$16K ﹤0.01%
200
-800
-80% -$71.4K
BKU icon
6738
Bankunited
BKU
$3.39B
$16K ﹤0.01%
470
+378
+411% +$14.3K
BRCC icon
6739
CALL
BRC Inc
BRCC
$118M
$16K ﹤0.01%
7,700
-11,500
-60% -$29.3K
EARN
6740
PUT
Ellington Residential Mortgage REIT
EARN
$167M
$16K ﹤0.01%
3,000
+500
+20% +$3.18K
EB
6741
PUT
DELISTED
Eventbrite
EB
$16K ﹤0.01%
7,600
+5,600
+280% +$16.8K
EPC icon
6742
Edgewell Personal Care
EPC
$1.3B
$16K ﹤0.01%
+525
New +$16.5K
FLCH icon
6743
Franklin FTSE China ETF
FLCH
$281M
$16K ﹤0.01%
763
+625
+453% +$12.6K
GCO icon
6744
PUT
Genesco
GCO
$432M
$16K ﹤0.01%
+800
New +$27.8K
GSIT icon
6745
CALL
GSI Technology
GSIT
$211M
$16K ﹤0.01%
8,200
+6,100
+290% +$17.8K
HYMC icon
6746
Hycroft Mining Holding Corp
HYMC
$1.87B
$16K ﹤0.01%
+5,139
New +$13.2K
INSE icon
6747
Inspired Entertainment
INSE
$188M
$16K ﹤0.01%
1,985
+1,441
+265% +$13.9K
IVVD icon
6748
CALL
Invivyd
IVVD
$175M
$16K ﹤0.01%
+27,300
New +$24.5K
MCS icon
6749
CALL
Marcus Corp
MCS
$766M
$16K ﹤0.01%
1,000
-800
-44% -$15.4K
MX icon
6750
PUT
Magnachip Semiconductor
MX
$118M
$16K ﹤0.01%
4,900
-17,000
-78% -$71.6K

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.