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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
FHTX icon
7801
PUT
Foghorn Therapeutics
FHTX
$285M
$3K ﹤0.01%
+900
New +$4.1K
GDYN icon
7802
PUT
Grid Dynamics Holdings
GDYN
$476M
$3K ﹤0.01%
+200
New +$4.01K
GEOS icon
7803
CALL
Geospace Technologies
GEOS
$91.6M
$3K ﹤0.01%
+500
New +$4.29K
GORO icon
7804
Goldgroup Mining Inc.
GORO
$151M
$3K ﹤0.01%
6,900
+6,800
+6,800% +$2.82K
GP
7805
GreenPower Motor Co
GP
$10.5M
$3K ﹤0.01%
762
-167
-18% -$1.15K
GRC icon
7806
Gorman-Rupp
GRC
$2.16B
$3K ﹤0.01%
101
-19
-16% -$714
GTX icon
7807
Garrett Motion
GTX
$5.9B
$3K ﹤0.01%
453
-21,508
-98% -$199K
GURU icon
7808
Global X Guru Index ETF
GURU
$60.7M
$3K ﹤0.01%
+75
New +$3.83K
HBIO icon
7809
PUT
Harvard Bioscience
HBIO
$27.1M
$3K ﹤0.01%
610
-260
-30% -$3.33K
HCKT icon
7810
Hackett Group
HCKT
$245M
$3K ﹤0.01%
134
+67
+100% +$2.02K
HOFT icon
7811
Hooker Furnishings Corp
HOFT
$148M
$3K ﹤0.01%
321
-678
-68% -$8.57K
HOWL icon
7812
CALL
Werewolf Therapeutics
HOWL
$20.8M
$3K ﹤0.01%
3,400
-1,100
-24% -$1.44K
HY icon
7813
Hyster-Yale Materials Handling
HY
$593M
$3K ﹤0.01%
77
+57
+285% +$2.83K
IDA icon
7814
Idacorp
IDA
$8.23B
$3K ﹤0.01%
32
-363
-92% -$40.7K
ILPT
7815
PUT
Industrial Logistics Properties Trust
ILPT
$613M
$3K ﹤0.01%
1,100
-1,700
-61% -$6.35K
IPAR icon
7816
Interparfums
IPAR
$3.92B
$3K ﹤0.01%
+34
New +$4.51K
IRWD icon
7817
Ironwood Pharmaceuticals
IRWD
$611M
$3K ﹤0.01%
2,479
-2,881
-54% -$6.86K
JBSS icon
7818
John B. Sanfilippo & Son
JBSS
$949M
$3K ﹤0.01%
+54
New +$4.13K
KEP icon
7819
CALL
Korea Electric Power
KEP
$15.5B
$3K ﹤0.01%
500
TBHC
7820
CALL
DELISTED
The Brand House Collective
TBHC
$3K ﹤0.01%
2,800
-900
-24% -$1.31K
KRNT icon
7821
PUT
Kornit Digital
KRNT
$706M
$3K ﹤0.01%
200
-120,800
-100% -$3.16M
KT icon
7822
CALL
KT
KT
$8.84B
$3K ﹤0.01%
200
-20,000
-99% -$345K
KWR icon
7823
Quaker Houghton
KWR
$2.63B
$3K ﹤0.01%
+32
New +$4.34K
LCUT icon
7824
Lifetime Brands
LCUT
$199M
$3K ﹤0.01%
+726
New +$3.93K
LIVN icon
7825
CALL
LivaNova
LIVN
$4.3B
$3K ﹤0.01%
100
-100
-50% -$4.49K

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.