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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
FBIN icon
7426
PUT
Fortune Brands Innovations
FBIN
$6.12B
$6K ﹤0.01%
100
-200
-67% -$13.4K
DMC
7427
CALL
Del Monte Corp
DMC
$1.35B
$6K ﹤0.01%
200
-300
-60% -$9.21K
FHTX icon
7428
Foghorn Therapeutics
FHTX
$285M
$6K ﹤0.01%
1,782
+1,102
+162% +$5.02K
FULC icon
7429
CALL
Fulcrum Therapeutics
FULC
$248M
$6K ﹤0.01%
2,300
-101,900
-98% -$374K
GAIA icon
7430
Gaia
GAIA
$47.3M
$6K ﹤0.01%
+1,693
New +$7.93K
GANX icon
7431
Gain Therapeutics
GANX
$74.6M
$6K ﹤0.01%
+3,444
New +$7.64K
GEVO icon
7432
Gevo
GEVO
$397M
$6K ﹤0.01%
+5,636
New +$9.44K
GHI icon
7433
Greystone Housing Impact Investors LP
GHI
$121M
$6K ﹤0.01%
524
-4,709
-90% -$58.1K
GIFI
7434
DELISTED
Gulf Island Fabrication
GIFI
$6K ﹤0.01%
931
+335
+56% +$2.27K
XRN
7435
CALL
Chiron Real Estate Inc
XRN
$544M
$6K ﹤0.01%
140
-780
-85% -$32.2K
GOLF icon
7436
CALL
Acushnet Holdings
GOLF
$6.13B
$6K ﹤0.01%
100
GSIT icon
7437
PUT
GSI Technology
GSIT
$216M
$6K ﹤0.01%
3,100
+1,900
+158% +$5.55K
HI
7438
DELISTED
Hillenbrand
HI
$6K ﹤0.01%
279
+109
+64% +$3.32K
HSIC icon
7439
PUT
Henry Schein
HSIC
$9.74B
$6K ﹤0.01%
100
-800
-89% -$59.1K
IBHJ icon
7440
CALL
iShares iBonds 2030 Term High Yield and Income ETF
IBHJ
$151M
$6K ﹤0.01%
500
-2,400
-83% -$63.1K
INDI icon
7441
PUT
indie Semiconductor
INDI
$733M
$6K ﹤0.01%
3,000
+900
+43% +$3.13K
IYK icon
7442
iShares US Consumer Staples ETF
IYK
$1.39B
$6K ﹤0.01%
+97
New +$6.59K
IYM icon
7443
iShares US Basic Materials ETF
IYM
$1.16B
$6K ﹤0.01%
50
+10
+25% +$1.36K
JFIN
7444
CALL
Jiayin Group
JFIN
$113M
$6K ﹤0.01%
500
-2,200
-81% -$20.7K
KBWY icon
7445
Invesco KBW Premium Yield Equity REIT ETF
KBWY
$319M
$6K ﹤0.01%
+386
New +$6.69K
KFY icon
7446
PUT
Korn Ferry
KFY
$3.98B
$6K ﹤0.01%
100
KLTR icon
7447
Kaltura
KLTR
$211M
$6K ﹤0.01%
3,397
+3,181
+1,473% +$7.11K
KMPR icon
7448
CALL
Kemper
KMPR
$1.7B
$6K ﹤0.01%
100
KRG icon
7449
PUT
Kite Realty
KRG
$5.95B
$6K ﹤0.01%
300
+200
+200% +$4.57K
KTB icon
7450
PUT
Kontoor Brands
KTB
$4.62B
$6K ﹤0.01%
+100
New +$7.75K

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.