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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
CBAT icon
7401
CBAK Energy Technology Ltd
CBAT
$44.9M
$6K ﹤0.01%
7,821
-2,853
-27% -$2.53K
CBU icon
7402
Community Bank
CBU
$3.54B
$6K ﹤0.01%
+120
New +$7.43K
CCC
7403
CCC Intelligent Solutions
CCC
$3.55B
$6K ﹤0.01%
725
-5,227
-88% -$54.3K
CCS icon
7404
CALL
Century Communities
CCS
$2.01B
$6K ﹤0.01%
100
-1,600
-94% -$116K
CCSI icon
7405
PUT
Consensus Cloud Solutions
CCSI
$691M
$6K ﹤0.01%
+300
New +$7.72K
CDXS icon
7406
CALL
Codexis
CDXS
$140M
$6K ﹤0.01%
2,400
+1,700
+243% +$6.59K
CEPU
7407
CALL
Central Puerto
CEPU
$2.22B
$6K ﹤0.01%
+600
New +$7.94K
CERS icon
7408
PUT
Cerus
CERS
$605M
$6K ﹤0.01%
+4,400
New +$7.36K
CGBD icon
7409
Carlyle Secured Lending
CGBD
$714M
$6K ﹤0.01%
+421
New +$7.43K
CGEM icon
7410
CALL
Cullinan Oncology
CGEM
$1.1B
$6K ﹤0.01%
800
-1,900
-70% -$18.2K
CHRS icon
7411
PUT
Coherus Oncology
CHRS
$230M
$6K ﹤0.01%
7,800
+800
+11% +$921
CIG icon
7412
CALL
CEMIG Preferred Shares
CIG
$6.15B
$6K ﹤0.01%
3,800
-3,000
-44% -$5.58K
CLAR icon
7413
CALL
Clarus
CLAR
$127M
$6K ﹤0.01%
1,600
+700
+78% +$3.14K
CRBP icon
7414
PUT
Corbus Pharmaceuticals
CRBP
$176M
$6K ﹤0.01%
1,200
-200
-14% -$1.77K
CVGI icon
7415
Commercial Vehicle Group
CVGI
$162M
$6K ﹤0.01%
5,378
-12,787
-70% -$24.7K
CVEO icon
7416
Civeo
CVEO
$384M
$6K ﹤0.01%
+301
New +$7.03K
CVRX icon
7417
CVRx
CVRX
$133M
$6K ﹤0.01%
559
-2,694
-83% -$38K
CVU icon
7418
PUT
CPI Aerostructures
CVU
$64.1M
$6K ﹤0.01%
1,900
-900
-32% -$3.82K
CWK icon
7419
PUT
Cushman & Wakefield Ltd
CWK
$3.08B
$6K ﹤0.01%
600
CXAI icon
7420
PUT
CXApp
CXAI
$12M
$6K ﹤0.01%
6,700
-16,300
-71% -$23K
DBC icon
7421
PUT
Invesco DB Commodity Index Tracking Fund
DBC
$1.69B
$6K ﹤0.01%
300
-20,000
-99% -$443K
DH icon
7422
Definitive Healthcare
DH
$71.9M
$6K ﹤0.01%
2,388
+1,342
+128% +$5.45K
EMBC icon
7423
CALL
Embecta
EMBC
$201M
$6K ﹤0.01%
+500
New +$8K
EPRT icon
7424
PUT
Essential Properties Realty Trust
EPRT
$6.95B
$6K ﹤0.01%
200
-1,300
-87% -$41.3K
EQTY icon
7425
CALL
Kovitz Core Equity ETF
EQTY
$1.41B
$6K ﹤0.01%
300

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.