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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
PUK icon
6801
PUT
Prudential
PUK
$36.1B
$15K ﹤0.01%
+700
New +$12.5K
STOK icon
6802
Stoke Therapeutics
STOK
$1.83B
$15K ﹤0.01%
2,257
+776
+52% +$7.24K
TDUP icon
6803
ThredUp
TDUP
$760M
$15K ﹤0.01%
+6,392
New +$14.7K
TPST icon
6804
Tempest Therapeutics
TPST
$13.9M
$15K ﹤0.01%
1,571
+116
+8% +$1.32K
TRML
6805
CALL
DELISTED
Tourmaline Bio
TRML
$15K ﹤0.01%
1,000
+900
+900% +$14.4K
WABC icon
6806
CALL
Westamerica Bancorp
WABC
$1.39B
$15K ﹤0.01%
+300
New +$15.3K
WASH icon
6807
PUT
Washington Trust Bancorp
WASH
$754M
$15K ﹤0.01%
500
+400
+400% +$12.7K
WFG icon
6808
PUT
West Fraser Timber
WFG
$5.28B
$15K ﹤0.01%
200
-300
-60% -$24.7K
ANRO icon
6809
CALL
Alto Neuroscience
ANRO
$1.07B
$15K ﹤0.01%
7,100
+1,100
+18% +$3.94K
TBRG
6810
DELISTED
TruBridge
TBRG
$15K ﹤0.01%
+547
New +$14.3K
MQQQ
6811
Tradr 2X Long Innovation 100 Monthly ETF
MQQQ
$203M
$15K ﹤0.01%
+135
New +$18.6K
SPYQ
6812
Tradr 2X Long SPY Quarterly ETF
SPYQ
$14.1M
$15K ﹤0.01%
134
+94
+235% +$12K
PENG
6813
PUT
Penguin Solutions Inc
PENG
$2.47B
$15K ﹤0.01%
900
+100
+13% +$1.97K
NAGE
6814
Niagen Bioscience
NAGE
$262M
$15K ﹤0.01%
+2,291
New +$14.4K
MKFG
6815
DELISTED
Markforged Holding Corporation
MKFG
$15K ﹤0.01%
3,397
-14,007
-80% -$42.7K
AGYS icon
6816
CALL
Agilysys
AGYS
$3.12B
$14K ﹤0.01%
200
+100
+100% +$9.14K
ALLO icon
6817
CALL
Allogene Therapeutics
ALLO
$573M
$14K ﹤0.01%
9,800
+6,300
+180% +$11.9K
AMLX icon
6818
Amylyx Pharmaceuticals
AMLX
$2.17B
$14K ﹤0.01%
4,162
-13,657
-77% -$48.6K
ANVS icon
6819
CALL
Annovis Bio
ANVS
$71.9M
$14K ﹤0.01%
9,700
-35,700
-79% -$109K
BAND
6820
PUT
Bandwidth Inc
BAND
$1.67B
$14K ﹤0.01%
1,100
+900
+450% +$14.7K
BBAR icon
6821
BBVA Argentina
BBAR
$3.85B
$14K ﹤0.01%
+800
New +$16.3K
BVN icon
6822
PUT
Compañía de Minas Buenaventura
BVN
$7.72B
$14K ﹤0.01%
+900
New +$12.1K
CAAS icon
6823
PUT
China Automotive Systems
CAAS
$131M
$14K ﹤0.01%
3,300
+1,000
+43% +$4.31K
CADE
6824
DELISTED
Cadence Bank
CADE
$14K ﹤0.01%
+490
New +$16.2K
COOK icon
6825
Traeger
COOK
$164M
$14K ﹤0.01%
176
+42
+31% +$4.65K

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.