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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
XPEL icon
8101
CALL
XPEL
XPEL
$1.18B
$2K ﹤0.01%
100
-1,300
-93% -$48.7K
XYLD icon
8102
Global X S&P 500 Covered Call ETF
XYLD
$3.2B
$2K ﹤0.01%
62
-1,291
-95% -$53.6K
ZNTL icon
8103
Zentalis Pharmaceuticals
ZNTL
$308M
$2K ﹤0.01%
+1,545
New +$3.33K
TBRG
8104
CALL
DELISTED
TruBridge
TBRG
$2K ﹤0.01%
+100
New +$2.6K
SILA
8105
CALL
DELISTED
Sila Realty Trust
SILA
$2K ﹤0.01%
100
-16,800
-99% -$419K
WBTN
8106
PUT
WEBTOON Entertainment Inc
WBTN
$1.22B
$2K ﹤0.01%
300
-300
-50% -$3.27K
KQQQ
8107
PUT
Kurv Technology Titans Select ETF
KQQQ
$122M
$2K ﹤0.01%
+100
New +$2.6K
RZLV
8108
Rezolve AI
RZLV
$893M
$2K ﹤0.01%
+1,853
New +$4.38K
BCAX
8109
Bicara Therapeutics
BCAX
$1.78B
$2K ﹤0.01%
+154
New +$2.04K
BCAX
8110
PUT
Bicara Therapeutics
BCAX
$1.78B
$2K ﹤0.01%
+200
New +$2.66K
NFLU
8111
T-Rex 2X Long NFLX Daily Target ETF
NFLU
$46M
$2K ﹤0.01%
76
-1,331
-95% -$54.6K
SARO
8112
PUT
StandardAero Inc
SARO
$9.54B
$2K ﹤0.01%
+100
New +$2.67K
TSMU
8113
GraniteShares 2x Long TSM Daily ETF
TSMU
$60.6M
$2K ﹤0.01%
+165
New +$3.82K
PVLA
8114
PUT
Palvella Therapeutics
PVLA
$1.98B
$2K ﹤0.01%
+100
New +$1.93K
CRUZ
8115
DELISTED
Defiance Hotel, Airline, and Cruise ETF
CRUZ
$2K ﹤0.01%
100
-105
-51% -$2.74K
ENFN
8116
DELISTED
Enfusion, Inc.
ENFN
$2K ﹤0.01%
200
-32,825
-99% -$363K
PYCR
8117
CALL
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
$2K ﹤0.01%
+6,000
New +$133K
CBL
8118
PUT
DELISTED
CBL& Associates Properties, Inc.
CBL
$2K ﹤0.01%
100
-100
-50% -$2K
CVM.WS
8119
CALL
DELISTED
Cel-Sci Corp Series S
CVM.WS
$2K ﹤0.01%
9,900
-8,700
-47% -$1.76K
ABAT icon
8120
PUT
American Battery Technology Co
ABAT
$301M
$1K ﹤0.01%
1,300
-25,600
-95% -$34.7K
ACET icon
8121
Adicet Bio
ACET
$72.8M
$1K ﹤0.01%
116
-789
-87% -$11.3K
ACET icon
8122
PUT
Adicet Bio
ACET
$72.8M
$1K ﹤0.01%
+150
New +$2.15K
ACIU icon
8123
CALL
AC Immune
ACIU
$227M
$1K ﹤0.01%
700
-1,200
-63% -$3.02K
ACIU icon
8124
PUT
AC Immune
ACIU
$227M
$1K ﹤0.01%
+800
New +$2.02K
AFCG
8125
CALL
AFC Gamma
AFCG
$58.6M
$1K ﹤0.01%
200
-700
-78% -$5.57K

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.