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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
LICY
7276
CALL
DELISTED
Li-Cycle Holdings Corp.
LICY
$8K ﹤0.01%
23,100
-7,500
-25% -$8.96K
SBDS
7277
DELISTED
Solo Brands Inc
SBDS
$8K ﹤0.01%
1,228
+916
+294% +$28.1K
ADPT icon
7278
Adaptive Biotechnologies
ADPT
$3.61B
$7K ﹤0.01%
963
+882
+1,089% +$6.78K
AGYS icon
7279
Agilysys
AGYS
$2.91B
$7K ﹤0.01%
99
+96
+3,200% +$8.78K
AMAL icon
7280
Amalgamated Financial
AMAL
$1.46B
$7K ﹤0.01%
+244
New +$7.98K
AUTL
7281
PUT
Autolus Therapeutics
AUTL
$389M
$7K ﹤0.01%
5,100
-20,900
-80% -$42.4K
AVMV icon
7282
Avantis US Mid Cap Value ETF
AVMV
$724M
$7K ﹤0.01%
+118
New +$7.72K
JBIO
7283
PUT
Jade Biosciences
JBIO
$1.21B
$7K ﹤0.01%
591
+57
+11% +$5.01K
DCH
7284
Dauch Corp
DCH
$1.32B
$7K ﹤0.01%
+1,868
New +$9.58K
AZ icon
7285
CALL
A2Z Smart Technologies
AZ
$256M
$7K ﹤0.01%
+1,000
New +$6.94K
BEEM icon
7286
CALL
Beam Global
BEEM
$23.3M
$7K ﹤0.01%
3,800
-8,200
-68% -$21.1K
BKSY icon
7287
BlackSky Technology
BKSY
$819M
$7K ﹤0.01%
908
-75,711
-99% -$952K
BRAG
7288
CALL
Bragg Gaming Group
BRAG
$41.2M
$7K ﹤0.01%
+1,900
New +$8.68K
BXC icon
7289
CALL
BlueLinx
BXC
$453M
$7K ﹤0.01%
100
-800
-89% -$74.3K
CAF
7290
PUT
Morgan Stanley China A Share Fund
CAF
$337M
$7K ﹤0.01%
600
-500
-45% -$6.35K
CBZ icon
7291
CALL
CBIZ
CBZ
$2.39B
$7K ﹤0.01%
100
CBUS icon
7292
Cibus
CBUS
$138M
$7K ﹤0.01%
4,213
+1,872
+80% +$4.39K
CCRN
7293
CALL
DELISTED
Cross Country Healthcare
CCRN
$7K ﹤0.01%
500
-3,100
-86% -$53.3K
CEVA icon
7294
PUT
CEVA Inc
CEVA
$980M
$7K ﹤0.01%
+300
New +$9.64K
CIO
7295
CALL
DELISTED
City Office REIT
CIO
$7K ﹤0.01%
1,500
+1,100
+275% +$5.65K
CMS icon
7296
PUT
CMS Energy
CMS
$22.9B
$7K ﹤0.01%
100
-500
-83% -$34.9K
CNTA
7297
CALL
DELISTED
Centessa Pharmaceuticals
CNTA
$7K ﹤0.01%
+500
New +$8.18K
COLM icon
7298
CALL
Columbia Sportswear
COLM
$3.25B
$7K ﹤0.01%
100
-800
-89% -$66.7K
CRCT icon
7299
CALL
Cricut
CRCT
$940M
$7K ﹤0.01%
+1,400
New +$7.8K
CSBR icon
7300
CALL
Champions Oncology
CSBR
$84.2M
$7K ﹤0.01%
900

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.