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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
NFTY icon
7176
First Trust India Nifty 50 Equal Weight ETF
NFTY
$132M
$9K ﹤0.01%
164
-400
-71% -$21.8K
NGNE icon
7177
Neurogene
NGNE
$691M
$9K ﹤0.01%
+845
New +$14.7K
NMG
7178
Nouveau Monde Graphite
NMG
$438M
$9K ﹤0.01%
+6,087
New +$11.2K
NREF
7179
CALL
NexPoint Real Estate Finance
NREF
$318M
$9K ﹤0.01%
+600
New +$9.39K
NRGV icon
7180
CALL
Energy Vault
NRGV
$531M
$9K ﹤0.01%
13,200
-71,900
-84% -$110K
OIS icon
7181
CALL
Oil States International
OIS
$512M
$9K ﹤0.01%
+1,900
New +$9.98K
OPAD icon
7182
Offerpad Solutions
OPAD
$20.1M
$9K ﹤0.01%
542
+46
+9% +$1K
PDSB icon
7183
PDS Biotechnology
PDSB
$38.7M
$9K ﹤0.01%
7,898
-369
-4% -$525
PGEN icon
7184
CALL
Precigen
PGEN
$1.93B
$9K ﹤0.01%
6,300
-4,100
-39% -$6.46K
PINC
7185
CALL
DELISTED
Premier
PINC
$9K ﹤0.01%
+500
New +$9.85K
PLG
7186
Platinum Group Metals
PLG
$162M
$9K ﹤0.01%
8,057
+4,463
+124% +$5.73K
PLOW icon
7187
CALL
Douglas Dynamics
PLOW
$1.04B
$9K ﹤0.01%
400
-100
-20% -$2.51K
PRQR icon
7188
PUT
ProQR Therapeutics
PRQR
$244M
$9K ﹤0.01%
6,900
RCEL icon
7189
Avita Medical
RCEL
$146M
$9K ﹤0.01%
+1,130
New +$10.6K
RHP icon
7190
CALL
Ryman Hospitality Properties
RHP
$8.52B
$9K ﹤0.01%
100
-800
-89% -$80.3K
RXT icon
7191
CALL
Rackspace Technology
RXT
$980M
$9K ﹤0.01%
5,500
-40,600
-88% -$96.7K
SHEN icon
7192
Shenandoah Telecom
SHEN
$637M
$9K ﹤0.01%
737
-82
-10% -$964
SRTS icon
7193
PUT
Sensus Healthcare
SRTS
$49.7M
$9K ﹤0.01%
2,100
+1,800
+600% +$10.5K
SVV icon
7194
PUT
Savers
SVV
$1.48B
$9K ﹤0.01%
+1,400
New +$12.9K
UDR icon
7195
CALL
UDR
UDR
$12.8B
$9K ﹤0.01%
200
-800
-80% -$34.3K
USLM icon
7196
United States Lime & Minerals
USLM
$3.28B
$9K ﹤0.01%
102
+52
+104% +$5.41K
VC icon
7197
Visteon
VC
$2.82B
$9K ﹤0.01%
125
-1,118
-90% -$94.1K
GGRP
7198
Glimpse Group
GGRP
$20.3M
$9K ﹤0.01%
8,306
+7,702
+1,275% +$12.6K
VYGR icon
7199
Voyager Therapeutics
VYGR
$187M
$9K ﹤0.01%
2,693
-7,381
-73% -$34.5K
WEAV icon
7200
CALL
Weave Communications
WEAV
$529M
$9K ﹤0.01%
900
-163,500
-99% -$2.35M

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.