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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
NRDY icon
8026
CALL
Nerdy
NRDY
$107M
$2K ﹤0.01%
2,100
-6,200
-75% -$10.4K
NRIX icon
8027
PUT
Nurix Therapeutics
NRIX
$2.43B
$2K ﹤0.01%
200
-1,100
-85% -$18.4K
NSSC icon
8028
CALL
Napco Security Technologies
NSSC
$1.28B
$2K ﹤0.01%
100
-400
-80% -$11.3K
NSSC icon
8029
PUT
Napco Security Technologies
NSSC
$1.28B
$2K ﹤0.01%
100
-400
-80% -$11.3K
NUVB icon
8030
CALL
Nuvation Bio
NUVB
$2.24B
$2K ﹤0.01%
+1,600
New +$3.64K
OBE
8031
PUT
Obsidian Energy
OBE
$707M
$2K ﹤0.01%
+500
New +$2.76K
ODP
8032
DELISTED
ODP
ODP
$2K ﹤0.01%
+166
New +$3.19K
ONL
8033
Orion Office REIT
ONL
$148M
$2K ﹤0.01%
994
-7,314
-88% -$25.5K
OOMA icon
8034
Ooma
OOMA
$550M
$2K ﹤0.01%
+183
New +$2.59K
PAYS icon
8035
PUT
Paysign
PAYS
$486M
$2K ﹤0.01%
+1,200
New +$3.2K
PDFS icon
8036
PDF Solutions
PDFS
$2.13B
$2K ﹤0.01%
109
-4,534
-98% -$111K
PEBO icon
8037
CALL
Peoples Bancorp
PEBO
$1.45B
$2K ﹤0.01%
+100
New +$3.14K
PEJ icon
8038
Invesco Leisure and Entertainment ETF
PEJ
$252M
$2K ﹤0.01%
+61
New +$3.23K
IMVP
8039
CALL
Invesco India ETF
IMVP
$122M
$2K ﹤0.01%
100
PKST
8040
CALL
DELISTED
Peakstone Realty Trust
PKST
$2K ﹤0.01%
200
PNNT
8041
PUT
Pennant Park Investment Corp
PNNT
$215M
$2K ﹤0.01%
400
-800
-67% -$5.68K
PRDO icon
8042
PUT
Perdoceo Education
PRDO
$1.9B
$2K ﹤0.01%
100
-5,200
-98% -$138K
PROF
8043
CALL
Profound Medical
PROF
$264M
$2K ﹤0.01%
+500
New +$3.45K
PRPH
8044
DELISTED
ProPhase Labs
PRPH
$2K ﹤0.01%
634
+475
+299% +$2.18K
PVBC
8045
PUT
DELISTED
Provident Bancorp
PVBC
$2K ﹤0.01%
+200
New +$2.34K
RDY icon
8046
PUT
Dr. Reddy's Laboratories
RDY
$9.82B
$2K ﹤0.01%
200
-300
-60% -$4.14K
REPX icon
8047
CALL
Riley Exploration Permian
REPX
$770M
$2K ﹤0.01%
100
-200
-67% -$6.43K
RPAR icon
8048
RPAR Risk Parity ETF
RPAR
$573M
$2K ﹤0.01%
126
RZLT icon
8049
CALL
Rezolute
RZLT
$480M
$2K ﹤0.01%
1,000
-2,800
-74% -$12.2K
RZLT icon
8050
PUT
Rezolute
RZLT
$480M
$2K ﹤0.01%
1,000
+300
+43% +$1.31K

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.