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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
SHOE
6926
PUT
Shoe Station Group
SHOE
$431M
$13K ﹤0.01%
600
-25,500
-98% -$645K
SEMR
6927
PUT
DELISTED
Semrush
SEMR
$13K ﹤0.01%
1,400
+1,300
+1,300% +$17.7K
SEVN
6928
PUT
Seven Hills Realty Trust
SEVN
$182M
$13K ﹤0.01%
1,100
-600
-35% -$7.74K
SIGA icon
6929
SIGA Technologies
SIGA
$240M
$13K ﹤0.01%
2,447
-66,422
-96% -$393K
SNBR
6930
PUT
DELISTED
Sleep Number
SNBR
$13K ﹤0.01%
2,200
-600
-21% -$8.03K
SRVR icon
6931
Pacer Data & Infrastructure Real Estate ETF
SRVR
$373M
$13K ﹤0.01%
+475
New +$14.4K
TAK icon
6932
PUT
Takeda Pharmaceutical
TAK
$56B
$13K ﹤0.01%
900
+600
+200% +$8.41K
TEO icon
6933
Telecom Argentina
TEO
$5.86B
$13K ﹤0.01%
+1,300
New +$15.4K
TFSL icon
6934
CALL
TFS Financial
TFSL
$5.18B
$13K ﹤0.01%
+1,100
New +$14.1K
TRTX
6935
PUT
TPG RE Finance Trust
TRTX
$660M
$13K ﹤0.01%
1,700
-66,700
-98% -$565K
UHAL.B icon
6936
CALL
U-Haul Holding Co Series N
UHAL.B
$12.6B
$13K ﹤0.01%
200
-7,700
-97% -$482K
USNA icon
6937
PUT
Usana Health Sciences
USNA
$429M
$13K ﹤0.01%
500
+300
+150% +$9.5K
VCEL icon
6938
PUT
Vericel Corp
VCEL
$2.39B
$13K ﹤0.01%
300
-1,100
-79% -$59.2K
WSR
6939
CALL
DELISTED
Whitestone REIT
WSR
$13K ﹤0.01%
900
-6,700
-88% -$92.2K
YORW icon
6940
CALL
York Water
YORW
$517M
$13K ﹤0.01%
+400
New +$13K
ZDGE icon
6941
PUT
Zedge
ZDGE
$38.4M
$13K ﹤0.01%
+5,600
New +$14.3K
ZYME icon
6942
PUT
Zymeworks
ZYME
$1.66B
$13K ﹤0.01%
1,100
+1,000
+1,000% +$13.6K
LFGY
6943
YieldMax Crypto Industry & Tech Portfolio Option Income ETF
LFGY
$92.3M
$13K ﹤0.01%
+406
New +$18K
SAIL
6944
CALL
SailPoint Inc
SAIL
$8.95B
$13K ﹤0.01%
+700
New +$15.3K
TSLW
6945
Roundhill TSLA WeeklyPay ETF
TSLW
$110M
$13K ﹤0.01%
+400
New +$14.4K
GOP
6946
Unusual Whales Subversive Republican Trading ETF
GOP
$86.7M
$13K ﹤0.01%
430
-506
-54% -$16.1K
AAPD icon
6947
Direxion Daily AAPL Bear 1X ETF
AAPD
$30M
$12K ﹤0.01%
+746
New +$12.3K
ABEO icon
6948
PUT
Abeona Therapeutics
ABEO
$343M
$12K ﹤0.01%
+2,700
New +$14.7K
AGS
6949
CALL
DELISTED
PlayAGS
AGS
$12K ﹤0.01%
+1,000
New +$12K
APOG icon
6950
Apogee Enterprises
APOG
$873M
$12K ﹤0.01%
+278
New +$14.2K

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.