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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
OGI
7701
Organigram Holdings
OGI
$132M
$4K ﹤0.01%
4,304
+860
+25% +$1.15K
OPRT icon
7702
CALL
Oportun Financial
OPRT
$257M
$4K ﹤0.01%
900
-1,100
-55% -$6.05K
PCH
7703
CALL
DELISTED
PotlatchDeltic
PCH
$4K ﹤0.01%
100
-1,700
-94% -$74.7K
PCH
7704
PUT
DELISTED
PotlatchDeltic
PCH
$4K ﹤0.01%
+100
New +$4.39K
PCRX icon
7705
PUT
Pacira BioSciences
PCRX
$1.02B
$4K ﹤0.01%
200
-23,500
-99% -$563K
PDS
7706
PUT
Precision Drilling
PDS
$1.09B
$4K ﹤0.01%
100
-200
-67% -$10.9K
PGC icon
7707
Peapack-Gladstone Financial
PGC
$822M
$4K ﹤0.01%
+149
New +$4.68K
PGF icon
7708
Invesco Financial Preferred ETF
PGF
$676M
$4K ﹤0.01%
+333
New +$4.89K
PGJ icon
7709
Invesco Golden Dragon China ETF
PGJ
$92.8M
$4K ﹤0.01%
140
-1,804
-93% -$51.8K
PKST
7710
DELISTED
Peakstone Realty Trust
PKST
$4K ﹤0.01%
336
-1,896
-85% -$21.5K
PLBY icon
7711
CALL
Playboy Inc
PLBY
$141M
$4K ﹤0.01%
4,000
-104,700
-96% -$164K
RBBN icon
7712
Ribbon Communications
RBBN
$354M
$4K ﹤0.01%
+1,193
New +$5.03K
RDWR icon
7713
CALL
Radware
RDWR
$1.24B
$4K ﹤0.01%
200
-1,300
-87% -$29.1K
RLY icon
7714
CALL
State Street Multi-Asset Real Return ETF
RLY
$1.26B
$4K ﹤0.01%
100
-3,100
-97% -$86.9K
RDNW
7715
RideNow Group
RDNW
$247M
$4K ﹤0.01%
+1,570
New +$6.46K
RNGR icon
7716
Ranger Energy Services
RNGR
$373M
$4K ﹤0.01%
+325
New +$5.26K
RWAY icon
7717
PUT
Runway Growth Finance
RWAY
$228M
$4K ﹤0.01%
400
-39,600
-99% -$444K
SCHP icon
7718
Schwab US TIPS ETF
SCHP
$16.3B
$4K ﹤0.01%
+180
New +$4.73K
SES icon
7719
PUT
SES AI
SES
$186M
$4K ﹤0.01%
8,200
+1,400
+21% +$1.29K
SKM icon
7720
CALL
SK Telecom
SKM
$13.7B
$4K ﹤0.01%
+200
New +$4.31K
SLDB icon
7721
Solid Biosciences
SLDB
$771M
$4K ﹤0.01%
1,095
-11,165
-91% -$47.8K
SRTS icon
7722
Sensus Healthcare
SRTS
$49.9M
$4K ﹤0.01%
937
+531
+131% +$3.09K
SXC icon
7723
CALL
SunCoke Energy
SXC
$757M
$4K ﹤0.01%
500
-135,400
-100% -$1.3M
TIXT
7724
PUT
DELISTED
TELUS International
TIXT
$4K ﹤0.01%
+1,800
New +$6.01K
TROX icon
7725
PUT
Tronox
TROX
$995M
$4K ﹤0.01%
700
-200
-22% -$1.72K

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.