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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
SLAB icon
7051
PUT
Silicon Laboratories
SLAB
$7.17B
$11K ﹤0.01%
100
SSTK icon
7052
CALL
Shutterstock
SSTK
$216M
$11K ﹤0.01%
600
-6,100
-91% -$156K
STC icon
7053
Stewart Information Services
STC
$2.02B
$11K ﹤0.01%
167
-137
-45% -$9.27K
TKR icon
7054
Timken Company
TKR
$9.81B
$11K ﹤0.01%
157
-9,817
-98% -$758K
UYM icon
7055
ProShares Ultra Materials
UYM
$38.8M
$11K ﹤0.01%
+500
New +$12.2K
VFMO icon
7056
Vanguard US Momentum Factor ETF
VFMO
$1.79B
$11K ﹤0.01%
+73
New +$12K
VSEC icon
7057
PUT
VSE Corp
VSEC
$5.64B
$11K ﹤0.01%
100
XHR
7058
PUT
Xenia Hotels & Resorts
XHR
$2B
$11K ﹤0.01%
+1,000
New +$13.9K
YELP icon
7059
Yelp
YELP
$1.45B
$11K ﹤0.01%
+306
New +$11.5K
WBTN
7060
WEBTOON Entertainment Inc
WBTN
$1.25B
$11K ﹤0.01%
1,482
-2,285
-61% -$24.9K
CVM.WS
7061
PUT
DELISTED
Cel-Sci Corp Series S
CVM.WS
$11K ﹤0.01%
50,400
+38,500
+324% +$8.4K
AKBA icon
7062
CALL
Akebia Therapeutics
AKBA
$343M
$10K ﹤0.01%
5,700
-41,800
-88% -$85.3K
AMBP icon
7063
CALL
Ardagh Metal Packaging
AMBP
$2.89B
$10K ﹤0.01%
3,500
-7,400
-68% -$20.8K
ATLX icon
7064
Atlas Lithium Corp
ATLX
$84.9M
$10K ﹤0.01%
1,948
+1,724
+770% +$10.3K
AVIR icon
7065
CALL
Atea Pharmaceuticals
AVIR
$386M
$10K ﹤0.01%
3,400
-13,900
-80% -$43.4K
AXS icon
7066
PUT
AXIS Capital
AXS
$8.63B
$10K ﹤0.01%
+100
New +$9.23K
BANF icon
7067
CALL
BancFirst
BANF
$3.89B
$10K ﹤0.01%
100
CMRC
7068
CALL
Commerce.com Inc Series 1
CMRC
$234M
$10K ﹤0.01%
1,800
+1,300
+260% +$8.26K
BKD icon
7069
CALL
Brookdale Senior Living
BKD
$3.69B
$10K ﹤0.01%
1,700
+700
+70% +$3.75K
CMTL icon
7070
CALL
Comtech Telecommunications
CMTL
$54.5M
$10K ﹤0.01%
6,400
-13,800
-68% -$31.6K
CNNE icon
7071
PUT
Cannae Holdings
CNNE
$650M
$10K ﹤0.01%
+600
New +$11.3K
DAX icon
7072
Global X DAX Germany ETF
DAX
$224M
$10K ﹤0.01%
+272
New +$10.2K
DIVI icon
7073
CALL
Franklin International Core Dividend Tilt Index ETF
DIVI
$2.66B
$10K ﹤0.01%
400
+200
+100% +$6.41K
DSGX icon
7074
CALL
Descartes Systems
DSGX
$6.09B
$10K ﹤0.01%
100
FARM
7075
DELISTED
Farmer Brothers
FARM
$10K ﹤0.01%
+4,731
New +$10.2K

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.