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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
CTO
7301
CTO Realty Growth
CTO
$748M
$7K ﹤0.01%
409
-839
-67% -$16.3K
CVGW
7302
CALL
DELISTED
Calavo Growers
CVGW
$7K ﹤0.01%
300
+200
+200% +$4.7K
DAC icon
7303
PUT
Danaos Corp
DAC
$2.53B
$7K ﹤0.01%
100
-25,800
-100% -$2.07M
DCTH icon
7304
PUT
Delcath Systems
DCTH
$414M
$7K ﹤0.01%
600
-600
-50% -$8.52K
DJP icon
7305
PUT
iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036
DJP
$798M
$7K ﹤0.01%
200
EMLP icon
7306
CALL
First Trust North American Energy Infrastructure Fund
EMLP
$4.13B
$7K ﹤0.01%
300
ENOV icon
7307
CALL
Enovis
ENOV
$1.6B
$7K ﹤0.01%
200
-3,000
-94% -$127K
EWM icon
7308
iShares MSCI Malaysia ETF
EWM
$307M
$7K ﹤0.01%
322
+275
+585% +$6.51K
FATE icon
7309
CALL
Fate Therapeutics
FATE
$284M
$7K ﹤0.01%
10,000
-3,000
-23% -$3.68K
FBP icon
7310
CALL
First Bancorp
FBP
$4.4B
$7K ﹤0.01%
400
+200
+100% +$3.88K
FORR icon
7311
PUT
Forrester Research
FORR
$185M
$7K ﹤0.01%
+800
New +$10.2K
GASS icon
7312
CALL
StealthGas
GASS
$328M
$7K ﹤0.01%
1,400
+1,000
+250% +$5.72K
GLAD icon
7313
Gladstone Capital
GLAD
$430M
$7K ﹤0.01%
279
-3,477
-93% -$99.1K
CBIO
7314
CALL
Crescent Biopharma
CBIO
$632M
$7K ﹤0.01%
343
-89
-21% -$2.38K
GRC icon
7315
PUT
Gorman-Rupp
GRC
$2.06B
$7K ﹤0.01%
200
HIPS icon
7316
GraniteShares HIPS US High Income ETF
HIPS
$110M
$7K ﹤0.01%
+565
New +$7.34K
HVT icon
7317
PUT
Haverty Furniture Companies
HVT
$406M
$7K ﹤0.01%
+400
New +$8.76K
IDN icon
7318
Intellicheck
IDN
$74.3M
$7K ﹤0.01%
2,349
+2,202
+1,498% +$5.8K
IHS icon
7319
IHS Holding
IHS
$2.78B
$7K ﹤0.01%
1,464
-1,232
-46% -$4.72K
INFU icon
7320
InfuSystem Holdings
INFU
$189M
$7K ﹤0.01%
+1,339
New +$9.79K
INTT icon
7321
CALL
inTEST
INTT
$168M
$7K ﹤0.01%
1,100
-900
-45% -$7.47K
IPOS icon
7322
CALL
Renaissance International IPO ETF
IPOS
$11.3M
$7K ﹤0.01%
+200
New +$2.62K
IYG icon
7323
iShares US Financial Services ETF
IYG
$2.15B
$7K ﹤0.01%
+99
New +$7.97K
IYJ icon
7324
iShares US Industrials ETF
IYJ
$1.98B
$7K ﹤0.01%
54
-87
-62% -$11.8K
IZEA icon
7325
IZEA Worldwide
IZEA
$58.7M
$7K ﹤0.01%
3,721
-5,721
-61% -$13.9K

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.