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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
CTRI icon
7901
CALL
Centuri Holdings
CTRI
$2.79B
$3K ﹤0.01%
+200
New +$3.85K
RZLV
7902
CALL
Rezolve AI
RZLV
$893M
$3K ﹤0.01%
+2,700
New +$6.38K
AAT
7903
American Assets Trust
AAT
$1.49B
$2K ﹤0.01%
+130
New +$2.93K
AAT
7904
PUT
American Assets Trust
AAT
$1.49B
$2K ﹤0.01%
+100
New +$2.25K
ABOS icon
7905
CALL
Acumen Pharmaceuticals
ABOS
$154M
$2K ﹤0.01%
2,300
-1,800
-44% -$2.57K
ABOS icon
7906
Acumen Pharmaceuticals
ABOS
$154M
$2K ﹤0.01%
2,343
+1,152
+97% +$1.65K
ADAP
7907
CALL
DELISTED
Adaptimmune Therapeutics
ADAP
$2K ﹤0.01%
11,300
+2,800
+33% +$1.45K
AFMD
7908
DELISTED
Affimed
AFMD
$2K ﹤0.01%
2,901
-4,130
-59% -$4.21K
AFYA icon
7909
Afya
AFYA
$1.27B
$2K ﹤0.01%
125
+19
+18% +$317
AIRR icon
7910
First Trust RBA American Industrial Renaissance ETF
AIRR
$10.5B
$2K ﹤0.01%
38
-1,307
-97% -$98.3K
AIRS icon
7911
AirSculpt Technologies
AIRS
$325M
$2K ﹤0.01%
1,235
-6,731
-84% -$30.2K
ALKT icon
7912
CALL
Alkami Technology
ALKT
$1.8B
$2K ﹤0.01%
100
-2,400
-96% -$75.6K
ALKT icon
7913
Alkami Technology
ALKT
$1.8B
$2K ﹤0.01%
+109
New +$3.43K
ALKT icon
7914
PUT
Alkami Technology
ALKT
$1.8B
$2K ﹤0.01%
+100
New +$3.15K
ALXO icon
7915
CALL
ALX Oncology
ALXO
$273M
$2K ﹤0.01%
3,700
-800
-18% -$960
AP icon
7916
Ampco-Pittsburgh
AP
$167M
$2K ﹤0.01%
1,306
-9,614
-88% -$21.2K
AROW icon
7917
PUT
Arrow Financial
AROW
$652M
$2K ﹤0.01%
+100
New +$2.67K
ASRV icon
7918
AmeriServ Financial
ASRV
$73.6M
$2K ﹤0.01%
+861
New +$2.24K
ATOS icon
7919
Atossa Therapeutics
ATOS
$22.9M
$2K ﹤0.01%
276
+235
+573% +$2.85K
AVO icon
7920
Mission Produce
AVO
$1.1B
$2K ﹤0.01%
244
-6,338
-96% -$73.8K
AXDX
7921
PUT
DELISTED
Accelerate Diagnostics
AXDX
$2K ﹤0.01%
2,900
+300
+12% +$342
BETZ icon
7922
Roundhill Sports Betting & iGaming ETF
BETZ
$49.7M
$2K ﹤0.01%
+156
New +$3.09K
BFH icon
7923
Bread Financial
BFH
$4.21B
$2K ﹤0.01%
+46
New +$2.61K
BIO icon
7924
Bio-Rad Laboratories Class A
BIO
$8.42B
$2K ﹤0.01%
12
-102
-89% -$30.7K
BMRA icon
7925
PUT
Biomerica
BMRA
$4.9M
$2K ﹤0.01%
+125
New +$618

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.