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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
INFA
7551
PUT
DELISTED
Informatica
INFA
$5K ﹤0.01%
300
-4,300
-93% -$94.3K
JBGS
7552
JBG SMITH
JBGS
$846M
$5K ﹤0.01%
+330
New +$5.02K
KARS icon
7553
KraneShares Electric Vehicles and Future Mobility Index ETF
KARS
$75.6M
$5K ﹤0.01%
236
+71
+43% +$1.54K
KMDA icon
7554
CALL
Kamada
KMDA
$407M
$5K ﹤0.01%
+900
New +$6.4K
KURA icon
7555
CALL
Kura Oncology
KURA
$922M
$5K ﹤0.01%
800
-8,500
-91% -$66.2K
LDI icon
7556
PUT
loanDepot
LDI
$548M
$5K ﹤0.01%
4,700
-14,700
-76% -$23.8K
LOCO icon
7557
PUT
El Pollo Loco
LOCO
$485M
$5K ﹤0.01%
500
+100
+25% +$1.13K
MFA
7558
MFA Financial
MFA
$929M
$5K ﹤0.01%
+505
New +$5.29K
MIR icon
7559
PUT
Mirion Technologies
MIR
$4.05B
$5K ﹤0.01%
400
-1,300
-76% -$20.4K
NEGG icon
7560
Newegg Commerce
NEGG
$296M
$5K ﹤0.01%
1,145
-541
-32% -$4.35K
NFBK
7561
CALL
DELISTED
Northfield Bancorp
NFBK
$5K ﹤0.01%
+500
New +$5.75K
NFLP icon
7562
Kurv Yield Premium Strategy Netflix (NFLX) ETF
NFLP
$4.62M
$5K ﹤0.01%
+168
New +$5.9K
NHTC icon
7563
Natural Health Trends
NHTC
$15.4M
$5K ﹤0.01%
1,154
+857
+289% +$4.26K
NVRI icon
7564
CALL
Enviri
NVRI
$621M
$5K ﹤0.01%
+900
New +$7.07K
OPAL icon
7565
OPAL Fuels
OPAL
$67.1M
$5K ﹤0.01%
2,900
-5,584
-66% -$15.3K
OPTT icon
7566
PUT
Ocean Power Technologies
OPTT
$38.3M
$5K ﹤0.01%
12,500
-13,300
-52% -$9.56K
ORIC icon
7567
PUT
Oric Pharmaceuticals
ORIC
$1.25B
$5K ﹤0.01%
+1,000
New +$8.74K
OSS icon
7568
CALL
One Stop Systems
OSS
$309M
$5K ﹤0.01%
2,500
+500
+25% +$1.68K
PARR icon
7569
CALL
Par Pacific Holdings
PARR
$3.88B
$5K ﹤0.01%
400
-27,300
-99% -$428K
PAYS icon
7570
Paysign
PAYS
$486M
$5K ﹤0.01%
2,681
-4,161
-61% -$11.1K
PEPG icon
7571
CALL
PepGen
PEPG
$133M
$5K ﹤0.01%
+4,000
New +$8.24K
PFIX icon
7572
Simplify Interest Rate Hedge ETF
PFIX
$172M
$5K ﹤0.01%
+123
New +$6.26K
PGC icon
7573
PUT
Peapack-Gladstone Financial
PGC
$822M
$5K ﹤0.01%
+200
New +$6.28K
PGY icon
7574
Pagaya Technologies
PGY
$1.32B
$5K ﹤0.01%
+512
New +$5.68K
PHUN icon
7575
PUT
Phunware
PHUN
$44M
$5K ﹤0.01%
2,000
-110,600
-98% -$425K

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.