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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
WTRG icon
7376
PUT
Essential Utilities
WTRG
$11.3B
$7K ﹤0.01%
200
WW
7377
PUT
DELISTED
WW International
WW
$7K ﹤0.01%
14,800
-79,900
-84% -$69.4K
WYY icon
7378
CALL
WidePoint Corp
WYY
$112M
$7K ﹤0.01%
2,300
-1,800
-44% -$6.84K
XLG icon
7379
Invesco S&P 500 Top 50 ETF
XLG
$10.5B
$7K ﹤0.01%
160
-731
-82% -$36.1K
ZD icon
7380
Ziff Davis
ZD
$1.94B
$7K ﹤0.01%
209
+171
+450% +$8.2K
ZGN icon
7381
PUT
Zegna
ZGN
$3.93B
$7K ﹤0.01%
+1,000
New +$8.25K
ETHT
7382
ProShares Ultra Ether ETF
ETHT
$213M
$7K ﹤0.01%
299
-2,961
-91% -$189K
NKLA
7383
DELISTED
Nikola Corporation Common Stock
NKLA
$7K ﹤0.01%
55,582
-591,339
-91% -$519K
ABM icon
7384
ABM Industries
ABM
$2.82B
$6K ﹤0.01%
135
-825
-86% -$42.4K
ACRS icon
7385
CALL
Aclaris Therapeutics
ACRS
$781M
$6K ﹤0.01%
4,300
-19,500
-82% -$41.6K
ALTO icon
7386
PUT
Alto Ingredients
ALTO
$351M
$6K ﹤0.01%
+5,800
New +$8.97K
ANY icon
7387
Sphere 3D
ANY
$15.3M
$6K ﹤0.01%
1,555
-399
-20% -$2.95K
APT icon
7388
CALL
Alpha Pro Tech
APT
$51.3M
$6K ﹤0.01%
1,300
-22,000
-94% -$118K
ARCO icon
7389
Arcos Dorados Holdings
ARCO
$1.74B
$6K ﹤0.01%
819
-1,988
-71% -$15.7K
ASRV icon
7390
PUT
AmeriServ Financial
ASRV
$75.2M
$6K ﹤0.01%
+2,500
New +$6.5K
AXTA icon
7391
CALL
Axalta
AXTA
$7.23B
$6K ﹤0.01%
+200
New +$7.11K
AZTA icon
7392
Azenta
AZTA
$1.28B
$6K ﹤0.01%
+198
New +$9.11K
BAB icon
7393
Invesco Taxable Municipal Bond ETF
BAB
$1.02B
$6K ﹤0.01%
229
+86
+60% +$2.27K
BBEU icon
7394
JPMorgan BetaBuilders Europe ETF
BBEU
$9.21B
$6K ﹤0.01%
+100
New +$6.04K
CMRC
7395
PUT
Commerce.com Inc Series 1
CMRC
$233M
$6K ﹤0.01%
1,100
-100
-8% -$635
BLFS icon
7396
CALL
BioLife Solutions
BLFS
$1.47B
$6K ﹤0.01%
300
-100
-25% -$2.63K
BPT
7397
DELISTED
BP Prudhoe Bay Royalty Trust
BPT
$6K ﹤0.01%
11,634
-3,801
-25% -$2.15K
BWEN icon
7398
Broadwind
BWEN
$110M
$6K ﹤0.01%
4,806
+3,263
+211% +$5.46K
BWMX icon
7399
Betterware México
BWMX
$583M
$6K ﹤0.01%
576
+82
+17% +$931
CALF icon
7400
Pacer US Small Cap Cash Cows 100 ETF
CALF
$3.63B
$6K ﹤0.01%
165
-2,132
-93% -$88.4K

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.