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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
LAB icon
7451
Standard BioTools
LAB
$326M
$6K ﹤0.01%
5,574
-2,007
-26% -$2.82K
LIND icon
7452
PUT
Lindblad Expeditions
LIND
$1.76B
$6K ﹤0.01%
700
LNSR icon
7453
LENSAR
LNSR
$68.8M
$6K ﹤0.01%
484
-3,571
-88% -$41K
CYPH
7454
CALL
Cypherpunk Technologies Inc
CYPH
$66.2M
$6K ﹤0.01%
20,000
+19,600
+4,900% +$21.6K
LVO icon
7455
CALL
LiveOne
LVO
$66M
$6K ﹤0.01%
+890
New +$8.76K
LWLG icon
7456
PUT
Lightwave Logic
LWLG
$932M
$6K ﹤0.01%
6,200
-7,200
-54% -$11.2K
MDIV icon
7457
PUT
First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
$429M
$6K ﹤0.01%
200
-1,900
-90% -$31.2K
MDWD icon
7458
CALL
MediWound
MDWD
$183M
$6K ﹤0.01%
400
+300
+300% +$5.37K
MMLP icon
7459
CALL
Martin Midstream Partners
MMLP
$95.9M
$6K ﹤0.01%
+1,900
New +$6.82K
MRC
7460
PUT
DELISTED
MRC Global
MRC
$6K ﹤0.01%
+600
New +$7.75K
MYPS icon
7461
PLAYSTUDIOS Inc
MYPS
$79.3M
$6K ﹤0.01%
+4,775
New +$7.77K
NEU icon
7462
NewMarket
NEU
$7.17B
$6K ﹤0.01%
+12
New +$6.32K
NFLY icon
7463
YieldMax NFLX Option Income Strategy ETF
NFLY
$38.7M
$6K ﹤0.01%
+401
New +$7.11K
NUS icon
7464
PUT
Nu Skin
NUS
$247M
$6K ﹤0.01%
900
+400
+80% +$2.91K
OCFC icon
7465
PUT
OceanFirst Financial
OCFC
$1.7B
$6K ﹤0.01%
+400
New +$7.12K
ONEQ icon
7466
PUT
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.2B
$6K ﹤0.01%
100
-400
-80% -$29.9K
PAY icon
7467
Paymentus
PAY
$3.63B
$6K ﹤0.01%
260
-3,900
-94% -$115K
PBYI icon
7468
PUT
Puma Biotechnology
PBYI
$406M
$6K ﹤0.01%
2,100
-100
-5% -$313
PINC
7469
DELISTED
Premier
PINC
$6K ﹤0.01%
+316
New +$6.22K
PROF
7470
Profound Medical
PROF
$264M
$6K ﹤0.01%
+1,042
New +$7.19K
PROP icon
7471
Prairie Operating Co
PROP
$78.2M
$6K ﹤0.01%
+1,134
New +$8.28K
PRTA icon
7472
PUT
Prothena Corp
PRTA
$458M
$6K ﹤0.01%
500
-22,400
-98% -$317K
QIPT
7473
CALL
DELISTED
Quipt Home Medical
QIPT
$6K ﹤0.01%
2,800
-4,900
-64% -$13.4K
RAAX icon
7474
VanEck Inflation Allocation ETF
RAAX
$1.11B
$6K ﹤0.01%
+211
New +$6.23K
SCLX icon
7475
Scilex Holding
SCLX
$48.1M
$6K ﹤0.01%
708
+639
+926% +$8.03K

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.