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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
SACH
8051
Sachem Capital Corp
SACH
$38.4M
$2K ﹤0.01%
2,017
+1,518
+304% +$1.75K
SATL icon
8052
PUT
Satellogic
SATL
$532M
$2K ﹤0.01%
+700
New +$2.35K
SBS icon
8053
Sabesp
SBS
$19.7B
$2K ﹤0.01%
773
-3,430
-82% -$10.9K
SCM icon
8054
PUT
Stellus Capital Investment Corp
SCM
$203M
$2K ﹤0.01%
200
+100
+100% +$1.45K
SGC icon
8055
CALL
Superior Group of Companies
SGC
$193M
$2K ﹤0.01%
+200
New +$2.81K
SGHC icon
8056
CALL
SGHC Ltd
SGHC
$7.3B
$2K ﹤0.01%
400
-11,600
-97% -$83.3K
SHC icon
8057
PUT
Sotera Health
SHC
$4.95B
$2K ﹤0.01%
200
-800
-80% -$10.3K
SJB icon
8058
ProShares Short High Yield
SJB
$52.1M
$2K ﹤0.01%
129
-514
-80% -$8.25K
HTO
8059
H2O America
HTO
$2.67B
$2K ﹤0.01%
40
-32
-44% -$1.64K
FIRY
8060
PUT
Firy Inc
FIRY
$127M
$2K ﹤0.01%
600
-53,100
-99% -$303K
SKM icon
8061
SK Telecom
SKM
$13.7B
$2K ﹤0.01%
+100
New +$2.16K
SLYV icon
8062
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
$4.89B
$2K ﹤0.01%
+34
New +$2.88K
SMP icon
8063
Standard Motor Products
SMP
$861M
$2K ﹤0.01%
116
+67
+137% +$1.97K
SNDR icon
8064
CALL
Schneider National
SNDR
$6.59B
$2K ﹤0.01%
+100
New +$2.71K
SNN icon
8065
PUT
Smith & Nephew
SNN
$12.9B
$2K ﹤0.01%
+100
New +$2.67K
SPEU icon
8066
State Street SPDR Portfolio Europe ETF
SPEU
$712M
$2K ﹤0.01%
48
-229
-83% -$9.9K
SPNS
8067
DELISTED
Sapiens International
SPNS
$2K ﹤0.01%
+77
New +$2.08K
SPRO icon
8068
PUT
Spero Therapeutics
SPRO
$68.9M
$2K ﹤0.01%
+3,100
New +$2.62K
SPRX icon
8069
Spear Alpha ETF
SPRX
$206M
$2K ﹤0.01%
+147
New +$3.73K
SRET icon
8070
Global X SuperDividend REIT ETF
SRET
$237M
$2K ﹤0.01%
+130
New +$2.69K
SSTK icon
8071
Shutterstock
SSTK
$205M
$2K ﹤0.01%
+116
New +$2.97K
STKL
8072
PUT
DELISTED
SunOpta
STKL
$2K ﹤0.01%
600
+200
+50% +$1.33K
STRO icon
8073
PUT
Sutro Biopharma
STRO
$379M
$2K ﹤0.01%
320
SWIM icon
8074
CALL
Latham Group
SWIM
$646M
$2K ﹤0.01%
400
+200
+100% +$1.34K
TBI
8075
PUT
Trueblue
TBI
$234M
$2K ﹤0.01%
+500
New +$3.42K

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.