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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
IETC icon
7676
iShares US Tech Independence Focused ETF
IETC
$722M
$4K ﹤0.01%
58
INGN icon
7677
CALL
Inogen
INGN
$167M
$4K ﹤0.01%
600
-102,900
-99% -$971K
INSG icon
7678
PUT
Inseego
INSG
$108M
$4K ﹤0.01%
600
-27,500
-98% -$301K
IRT icon
7679
Independence Realty Trust
IRT
$3.92B
$4K ﹤0.01%
189
-330
-64% -$6.64K
JXN icon
7680
Jackson Financial
JXN
$8.32B
$4K ﹤0.01%
55
-6,473
-99% -$575K
OPLN
7681
Openlane
OPLN
$4.17B
$4K ﹤0.01%
+241
New +$4.97K
KMDA icon
7682
PUT
Kamada
KMDA
$407M
$4K ﹤0.01%
+700
New +$4.98K
KRG icon
7683
CALL
Kite Realty
KRG
$5.95B
$4K ﹤0.01%
+200
New +$4.57K
LAKE icon
7684
CALL
Lakeland Industries
LAKE
$106M
$4K ﹤0.01%
200
-300
-60% -$6.9K
LAUR icon
7685
CALL
Laureate Education
LAUR
$5.18B
$4K ﹤0.01%
+200
New +$3.86K
FNUC
7686
CALL
Frontier Nuclear and Minerals Inc
FNUC
$44M
$4K ﹤0.01%
2,431
-10,231
-81% -$89.7K
LOAN
7687
CALL
Manhattan Bridge Capital
LOAN
$45.4M
$4K ﹤0.01%
700
-100
-13% -$563
LVO icon
7688
LiveOne
LVO
$66M
$4K ﹤0.01%
661
-330
-33% -$3.25K
MAMA icon
7689
PUT
Mama's Creations
MAMA
$825M
$4K ﹤0.01%
700
MATW icon
7690
Matthews International
MATW
$864M
$4K ﹤0.01%
+202
New +$5.26K
MLR icon
7691
CALL
Miller Industries
MLR
$586M
$4K ﹤0.01%
+100
New +$5.81K
MNY icon
7692
MoneyHero
MNY
$42.3M
$4K ﹤0.01%
6,230
+5,317
+582% +$5.12K
ORIO
7693
PUT
Orion Digital Corp
ORIO
$15.4M
$4K ﹤0.01%
5,400
-1,700
-24% -$1.94K
NDLS icon
7694
CALL
Noodles & Co
NDLS
$90.5M
$4K ﹤0.01%
+488
New +$4.8K
NEOG icon
7695
CALL
Neogen
NEOG
$2.05B
$4K ﹤0.01%
500
-16,700
-97% -$175K
NFGC
7696
PUT
New Found Gold
NFGC
$534M
$4K ﹤0.01%
4,000
+1,500
+60% +$2.59K
NMG
7697
CALL
Nouveau Monde Graphite
NMG
$415M
$4K ﹤0.01%
3,300
+2,100
+175% +$3.87K
NMR icon
7698
PUT
Nomura Holdings
NMR
$28.7B
$4K ﹤0.01%
+700
New +$4.46K
NMRK icon
7699
Newmark Group
NMRK
$2.73B
$4K ﹤0.01%
+382
New +$5.1K
OCGN icon
7700
PUT
Ocugen
OCGN
$410M
$4K ﹤0.01%
6,100
-15,400
-72% -$10.7K

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.