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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
EHAB
7651
CALL
DELISTED
Enhabit
EHAB
$4K ﹤0.01%
+500
New +$4.2K
EPAC icon
7652
CALL
Enerpac Tool Group
EPAC
$1.77B
$4K ﹤0.01%
+100
New +$4.44K
EPAC icon
7653
PUT
Enerpac Tool Group
EPAC
$1.77B
$4K ﹤0.01%
+100
New +$4.44K
EWS icon
7654
iShares MSCI Singapore ETF
EWS
$1.01B
$4K ﹤0.01%
178
+143
+409% +$3.29K
FBIZ icon
7655
First Business Financial Services
FBIZ
$562M
$4K ﹤0.01%
105
+104
+10,400% +$5.13K
FCOR icon
7656
PUT
Fidelity Corporate Bond ETF
FCOR
$352M
$4K ﹤0.01%
100
FDMT icon
7657
CALL
4D Molecular Therapeutics
FDMT
$526M
$4K ﹤0.01%
1,300
-10,500
-89% -$49.5K
FDMT icon
7658
PUT
4D Molecular Therapeutics
FDMT
$526M
$4K ﹤0.01%
1,400
-12,100
-90% -$57K
FET icon
7659
PUT
Forum Energy Technologies
FET
$654M
$4K ﹤0.01%
+200
New +$3.69K
FFBC icon
7660
CALL
First Financial Bancorp
FFBC
$3.55B
$4K ﹤0.01%
200
-43,800
-100% -$1.17M
FIP icon
7661
CALL
FTAI Infrastructure
FIP
$500M
$4K ﹤0.01%
900
-43,300
-98% -$271K
FOA icon
7662
PUT
Finance of America Companies
FOA
$204M
$4K ﹤0.01%
200
-1,300
-87% -$31.8K
FOR icon
7663
CALL
Forestar Group
FOR
$1.44B
$4K ﹤0.01%
+200
New +$4.65K
FRSX
7664
CALL
Foresight Autonomous Holdings
FRSX
$4.02M
$4K ﹤0.01%
+343
New +$7.04K
FTCI icon
7665
CALL
FTC Solar
FTCI
$47.4M
$4K ﹤0.01%
1,600
GGB icon
7666
CALL
Gerdau
GGB
$9.44B
$4K ﹤0.01%
1,700
+600
+55% +$1.75K
GINN icon
7667
CALL
Goldman Sachs Innovate Equity ETF
GINN
$199M
$4K ﹤0.01%
100
GLDD
7668
PUT
DELISTED
Great Lakes Dredge & Dock
GLDD
$4K ﹤0.01%
500
-300
-38% -$2.99K
GROY icon
7669
PUT
Gold Royalty Corp
GROY
$593M
$4K ﹤0.01%
3,000
+1,500
+100% +$2.04K
HARD icon
7670
Simplify Commodities Strategy No K-1 ETF
HARD
$83.8M
$4K ﹤0.01%
134
+71
+113% +$2.1K
HOLO icon
7671
PUT
MicroCloud Hologram
HOLO
$35.1M
$4K ﹤0.01%
+245
New +$14.7K
HTBK
7672
DELISTED
Heritage Commerce
HTBK
$4K ﹤0.01%
+453
New +$4.44K
HY icon
7673
CALL
Hyster-Yale Materials Handling
HY
$593M
$4K ﹤0.01%
100
HYDR icon
7674
Global X Hydrogen ETF
HYDR
$81.9M
$4K ﹤0.01%
+240
New +$5.09K
IAS
7675
DELISTED
Integral Ad Science
IAS
$4K ﹤0.01%
497
-654
-57% -$6.52K

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.