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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
AMBR
7126
Amber International Holding Ltd
AMBR
$131M
$10K ﹤0.01%
855
-934
-52% -$8.51K
AIFU
7127
AIFU Inc
AIFU
$205M
$10K ﹤0.01%
131
+21
+19% +$3.44K
SOFX
7128
Defiance Daily Target 2X Long SOFI ETF
SOFX
$76.2M
$10K ﹤0.01%
+1,109
New +$18.3K
IELG
7129
PUT
DELISTED
ISHARES ENHANCED U.S. LARGE CAP ETF
IELG
$10K ﹤0.01%
500
+200
+67% +$4K
ACHV icon
7130
Achieve Life Sciences
ACHV
$634M
$9K ﹤0.01%
+3,736
New +$11.6K
AOUT icon
7131
CALL
American Outdoor Brands
AOUT
$158M
$9K ﹤0.01%
800
-100
-11% -$1.53K
ARHS icon
7132
PUT
Arhaus
ARHS
$1.12B
$9K ﹤0.01%
1,100
-5,800
-84% -$62K
ASUR icon
7133
Asure Software
ASUR
$222M
$9K ﹤0.01%
+989
New +$10.8K
AVD icon
7134
American Vanguard Corp
AVD
$75.2M
$9K ﹤0.01%
2,099
+721
+52% +$3.68K
AVD icon
7135
PUT
American Vanguard Corp
AVD
$75.2M
$9K ﹤0.01%
2,200
+1,300
+144% +$6.63K
BFAM icon
7136
Bright Horizons
BFAM
$4.1B
$9K ﹤0.01%
75
+25
+50% +$3.07K
BILS icon
7137
State Street SPDR Bloomberg 3-12 Month T-Bill ETF
BILS
$3.88B
$9K ﹤0.01%
+100
New +$9.93K
BL icon
7138
CALL
BlackLine
BL
$1.8B
$9K ﹤0.01%
200
-700
-78% -$38.3K
CAPL icon
7139
PUT
CrossAmerica Partners
CAPL
$838M
$9K ﹤0.01%
400
+300
+300% +$6.89K
CCB icon
7140
CALL
Coastal Financial
CCB
$1.1B
$9K ﹤0.01%
+100
New +$8.74K
CBUS icon
7141
CALL
Cibus
CBUS
$138M
$9K ﹤0.01%
5,000
CION icon
7142
CION Investment
CION
$298M
$9K ﹤0.01%
+930
New +$10.8K
CLPT icon
7143
CALL
ClearPoint Neuro
CLPT
$438M
$9K ﹤0.01%
800
-18,100
-96% -$281K
CMPX icon
7144
CALL
Compass Therapeutics
CMPX
$375M
$9K ﹤0.01%
+5,200
New +$13.8K
CNNE icon
7145
CALL
Cannae Holdings
CNNE
$650M
$9K ﹤0.01%
+500
New +$9.43K
CPSH icon
7146
CPS Technologies
CPSH
$76.7M
$9K ﹤0.01%
+6,117
New +$10.4K
CURV icon
7147
CALL
Torrid Holdings
CURV
$257M
$9K ﹤0.01%
1,800
-8,800
-83% -$52.7K
CVGW
7148
PUT
DELISTED
Calavo Growers
CVGW
$9K ﹤0.01%
400
-2,100
-84% -$49.3K
CVU icon
7149
CPI Aerostructures
CVU
$63.1M
$9K ﹤0.01%
2,654
+2,493
+1,548% +$10.6K
DLNG icon
7150
PUT
Dynagas LNG Partners
DLNG
$135M
$9K ﹤0.01%
+2,400
New +$10.7K

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.