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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
CTEV
7501
CALL
Claritev Corp
CTEV
$368M
$6K ﹤0.01%
300
-600
-67% -$11.9K
ABOS icon
7502
PUT
Acumen Pharmaceuticals
ABOS
$154M
$5K ﹤0.01%
5,300
+2,900
+121% +$4.14K
ACCO icon
7503
CALL
Acco Brands
ACCO
$369M
$5K ﹤0.01%
+1,300
New +$6.38K
ACET icon
7504
CALL
Adicet Bio
ACET
$72.8M
$5K ﹤0.01%
+475
New +$6.79K
AIP icon
7505
Arteris
AIP
$1.4B
$5K ﹤0.01%
780
-6,454
-89% -$61.7K
ALEX
7506
CALL
DELISTED
Alexander & Baldwin
ALEX
$5K ﹤0.01%
300
-400
-57% -$7.07K
AMN icon
7507
AMN Healthcare
AMN
$1.28B
$5K ﹤0.01%
245
-2,715
-92% -$69.7K
AMWD
7508
PUT
DELISTED
American Woodmark
AMWD
$5K ﹤0.01%
100
-100
-50% -$7.07K
APT icon
7509
Alpha Pro Tech
APT
$50.4M
$5K ﹤0.01%
+1,188
New +$6.35K
ATNM icon
7510
CALL
Actinium Pharmaceuticals
ATNM
$27M
$5K ﹤0.01%
3,600
-7,600
-68% -$9.65K
BRX icon
7511
PUT
Brixmor Property Group
BRX
$9.95B
$5K ﹤0.01%
+200
New +$5.32K
BTF icon
7512
CoinShares ETF Trust CoinShares Bitcoin and Ether ETF
BTF
$12.9M
$5K ﹤0.01%
102
-1,995
-95% -$127K
BTOP
7513
CALL
DELISTED
Bitwise Bitcoin and Ether Equal Weight Strategy ETF
BTOP
$5K ﹤0.01%
200
-500
-71% -$14.8K
BV icon
7514
PUT
BrightView Holdings
BV
$1.31B
$5K ﹤0.01%
+400
New +$5.73K
CBU icon
7515
CALL
Community Bank
CBU
$3.53B
$5K ﹤0.01%
100
-200
-67% -$12.4K
CBU icon
7516
PUT
Community Bank
CBU
$3.53B
$5K ﹤0.01%
+100
New +$6.2K
CDLX icon
7517
PUT
Cardlytics
CDLX
$21M
$5K ﹤0.01%
280
-2,190
-89% -$62.6K
CLB icon
7518
CALL
Core Laboratories
CLB
$538M
$5K ﹤0.01%
400
COHU icon
7519
Cohu
COHU
$2.39B
$5K ﹤0.01%
355
+295
+492% +$6.14K
CQQQ icon
7520
Invesco China Technology ETF
CQQQ
$2.95B
$5K ﹤0.01%
+125
New +$5.5K
CRNX icon
7521
Crinetics Pharmaceuticals
CRNX
$8.86B
$5K ﹤0.01%
174
-86
-33% -$3.21K
CUT icon
7522
Invesco MSCI Global Timber ETF
CUT
$31.9M
$5K ﹤0.01%
184
-11
-6% -$354
CXT icon
7523
Crane NXT
CXT
$3.04B
$5K ﹤0.01%
+100
New +$5.86K
CXT icon
7524
PUT
Crane NXT
CXT
$3.04B
$5K ﹤0.01%
+100
New +$5.86K
DAIO icon
7525
Data I/O
DAIO
$32M
$5K ﹤0.01%
+2,194
New +$6.12K

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.