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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
PKE icon
7251
CALL
Park Aerospace
PKE
$778M
$8K ﹤0.01%
+600
New +$8.44K
PLYM
7252
CALL
DELISTED
Plymouth Industrial REIT
PLYM
$8K ﹤0.01%
+500
New +$8.44K
PYXS icon
7253
Pyxis Oncology
PYXS
$188M
$8K ﹤0.01%
8,805
+5,459
+163% +$7.28K
REAX icon
7254
PUT
Real Brokerage
REAX
$384M
$8K ﹤0.01%
2,100
-5,900
-74% -$28K
RETL icon
7255
Direxion Daily Retail Bull 3X ETF
RETL
$30.5M
$8K ﹤0.01%
1,470
+682
+87% +$5.69K
RIGL icon
7256
PUT
Rigel Pharmaceuticals
RIGL
$708M
$8K ﹤0.01%
+500
New +$10.1K
SCJ icon
7257
iShares MSCI Japan Small-Cap ETF
SCJ
$254M
$8K ﹤0.01%
+107
New +$8.06K
SCPH
7258
PUT
DELISTED
scPharmaceuticals
SCPH
$8K ﹤0.01%
3,400
+2,000
+143% +$6.51K
SDP icon
7259
ProShares UltraShort Utilities
SDP
$3.88M
$8K ﹤0.01%
295
+121
+70% +$3.81K
SID icon
7260
CALL
Companhia Siderúrgica Nacional
SID
$1.47B
$8K ﹤0.01%
4,900
-481,200
-99% -$740K
SLAB icon
7261
Silicon Laboratories
SLAB
$7.17B
$8K ﹤0.01%
+74
New +$10K
SPMO icon
7262
Invesco S&P 500 Momentum ETF
SPMO
$20.9B
$8K ﹤0.01%
+97
New +$9.49K
SPWH icon
7263
Sportsman's Warehouse
SPWH
$45.3M
$8K ﹤0.01%
8,571
-89,973
-91% -$152K
STRA icon
7264
PUT
Strategic Education
STRA
$1.77B
$8K ﹤0.01%
100
TLSA icon
7265
CALL
Tiziana Life Sciences
TLSA
$118M
$8K ﹤0.01%
+8,200
New +$8.02K
TZOO icon
7266
CALL
Travelzoo
TZOO
$104M
$8K ﹤0.01%
+600
New +$10.8K
UBOT icon
7267
Direxion Daily Robotics Artificial Intelligence & Automation Index Bull 2X ETF
UBOT
$22.3M
$8K ﹤0.01%
+479
New +$11K
VTYX
7268
CALL
DELISTED
Ventyx Biosciences
VTYX
$8K ﹤0.01%
7,700
-24,000
-76% -$41.2K
VXRT
7269
DELISTED
Vaxart
VXRT
$8K ﹤0.01%
20,887
-49,470
-70% -$31.7K
WD icon
7270
PUT
Walker & Dunlop
WD
$1.67B
$8K ﹤0.01%
+100
New +$8.95K
XPEL icon
7271
PUT
XPEL
XPEL
$1.19B
$8K ﹤0.01%
300
-1,100
-79% -$41.2K
UMAC icon
7272
PUT
Unusual Machines
UMAC
$956M
$8K ﹤0.01%
+1,400
New +$14.2K
ARDT
7273
CALL
Ardent Health
ARDT
$1.57B
$8K ﹤0.01%
600
-4,700
-89% -$68.6K
SEPN
7274
CALL
Septerna Inc
SEPN
$1.52B
$8K ﹤0.01%
+1,400
New +$16K
BERY
7275
CALL
DELISTED
Berry Global Group, Inc.
BERY
$8K ﹤0.01%
2,600
-4,900
-65% -$340K

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.