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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
WHD icon
7201
CALL
Cactus
WHD
$3.74B
$9K ﹤0.01%
200
XPRO icon
7202
Expro Ltd
XPRO
$1.78B
$9K ﹤0.01%
932
-502
-35% -$6.19K
YSG
7203
CALL
Yatsen Holding
YSG
$318M
$9K ﹤0.01%
1,900
+1,500
+375% +$5.87K
YYY icon
7204
Amplify CEF High Income ETF
YYY
$725M
$9K ﹤0.01%
845
+743
+728% +$8.73K
ZNTL icon
7205
PUT
Zentalis Pharmaceuticals
ZNTL
$320M
$9K ﹤0.01%
5,800
+4,000
+222% +$8.63K
VTEC icon
7206
CALL
Vanguard California Tax-Exempt Bond ETF
VTEC
$2.8B
$9K ﹤0.01%
+100
New +$9.93K
ARDT
7207
Ardent Health
ARDT
$1.57B
$9K ﹤0.01%
+688
New +$10K
SEG
7208
Seaport Entertainment Group
SEG
$336M
$9K ﹤0.01%
+429
New +$10.5K
MSTZ
7209
T-Rex 2X Inverse MSTR Daily Target ETF
MSTZ
$94.8M
$9K ﹤0.01%
+693
New +$12.2K
ACCD
7210
CALL
DELISTED
Accolade Inc
ACCD
$9K ﹤0.01%
+6,500
New +$43.5K
ACR
7211
CALL
ACRES Commercial Realty
ACR
$127M
$8K ﹤0.01%
400
+200
+100% +$3.91K
ACRE
7212
CALL
Ares Commercial Real Estate
ACRE
$257M
$8K ﹤0.01%
+1,800
New +$9.53K
ACTG icon
7213
PUT
Acacia Research
ACTG
$448M
$8K ﹤0.01%
2,800
-300
-10% -$1.23K
ARBK
7214
Argo Blockchain
ARBK
$42.4M
$8K ﹤0.01%
113
-46
-29% -$4.72K
ATMU icon
7215
Atmus Filtration Technologies
ATMU
$4.43B
$8K ﹤0.01%
+224
New +$8.84K
BARK icon
7216
PUT
BARK
BARK
$75.9M
$8K ﹤0.01%
295
+215
+269% +$7.52K
BATT icon
7217
Amplify Lithium & Battery Technology ETF
BATT
$114M
$8K ﹤0.01%
+1,028
New +$9.09K
BLDP
7218
Ballard Power Systems
BLDP
$868M
$8K ﹤0.01%
7,950
-40,813
-84% -$57.4K
BRT
7219
PUT
BRT Apartments
BRT
$283M
$8K ﹤0.01%
500
-600
-55% -$10.6K
CCK icon
7220
PUT
Crown Holdings
CCK
$12.9B
$8K ﹤0.01%
100
-55,800
-100% -$4.87M
CGDV icon
7221
Capital Group Dividend Value ETF
CGDV
$37.2B
$8K ﹤0.01%
230
+174
+311% +$6.32K
CMCO icon
7222
PUT
Columbus McKinnon
CMCO
$473M
$8K ﹤0.01%
500
+400
+400% +$10.4K
COHU icon
7223
PUT
Cohu
COHU
$2.26B
$8K ﹤0.01%
+600
New +$12.5K
CVGI icon
7224
PUT
Commercial Vehicle Group
CVGI
$154M
$8K ﹤0.01%
7,300
+6,400
+711% +$12.4K
DADA
7225
CALL
DELISTED
Dada Nexus
DADA
$8K ﹤0.01%
+4,700
New +$8.09K

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.