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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
BRSP
7926
PUT
BrightSpire Capital
BRSP
$681M
$2K ﹤0.01%
+500
New +$2.92K
BTAL icon
7927
CALL
AGF US Market Neutral Anti-Beta Fund
BTAL
$305M
$2K ﹤0.01%
100
BTOP
7928
PUT
DELISTED
Bitwise Bitcoin and Ether Equal Weight Strategy ETF
BTOP
$2K ﹤0.01%
100
-2,400
-96% -$70.9K
BUZZ icon
7929
VanEck Social Sentiment ETF
BUZZ
$103M
$2K ﹤0.01%
111
+70
+171% +$1.74K
BVS icon
7930
PUT
Bioventus
BVS
$799M
$2K ﹤0.01%
300
-1,000
-77% -$9.99K
BWMX icon
7931
CALL
Betterware México
BWMX
$623M
$2K ﹤0.01%
+200
New +$2.27K
CABA icon
7932
PUT
Cabaletta Bio
CABA
$439M
$2K ﹤0.01%
1,900
-10,500
-85% -$22.4K
CAF
7933
CALL
Morgan Stanley China A Share Fund
CAF
$334M
$2K ﹤0.01%
200
-1,200
-86% -$15.2K
CAPT
7934
PUT
DELISTED
Captivision
CAPT
$2K ﹤0.01%
+4,800
New +$2.58K
CBAT icon
7935
CALL
CBAK Energy Technology Ltd
CBAT
$46.3M
$2K ﹤0.01%
+2,700
New +$2.39K
CCC
7936
PUT
CCC Intelligent Solutions
CCC
$3.42B
$2K ﹤0.01%
300
-500
-63% -$5.19K
CCLD icon
7937
CALL
CareCloud
CCLD
$94.3M
$2K ﹤0.01%
1,500
+1,200
+400% +$3.54K
CDP icon
7938
CALL
COPT Defense Properties
CDP
$4.31B
$2K ﹤0.01%
+100
New +$2.82K
CECO icon
7939
PUT
Ceco Environmental
CECO
$4.42B
$2K ﹤0.01%
+100
New +$2.67K
CENTA icon
7940
Central Garden & Pet Co Class A
CENTA
$2.41B
$2K ﹤0.01%
+69
New +$2.19K
CHX
7941
PUT
DELISTED
ChampionX
CHX
$2K ﹤0.01%
100
CION icon
7942
CALL
CION Investment
CION
$297M
$2K ﹤0.01%
200
-100
-33% -$1.16K
CLPR
7943
CALL
Clipper Realty
CLPR
$46.5M
$2K ﹤0.01%
600
-100
-14% -$420
CNVS icon
7944
Cineverse
CNVS
$55M
$2K ﹤0.01%
+824
New +$3.09K
COGT icon
7945
CALL
Cogent Biosciences
COGT
$6.79B
$2K ﹤0.01%
400
-43,300
-99% -$339K
CPIX icon
7946
PUT
Cumberland Pharmaceuticals
CPIX
$99M
$2K ﹤0.01%
600
-900
-60% -$3.73K
CSGS
7947
DELISTED
CSG Systems International
CSGS
$2K ﹤0.01%
49
-572
-92% -$34K
CSTL icon
7948
PUT
Castle Biosciences
CSTL
$749M
$2K ﹤0.01%
100
-800
-89% -$19.8K
CTKB icon
7949
PUT
Cytek Biosciences
CTKB
$576M
$2K ﹤0.01%
+500
New +$2.59K
CTRE icon
7950
PUT
CareTrust REIT
CTRE
$10.2B
$2K ﹤0.01%
100
-70,700
-100% -$1.9M

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.