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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
FTHM icon
8201
Fathom Holdings
FTHM
$28.2M
$1K ﹤0.01%
1,957
+1,229
+169% +$1.41K
GENC icon
8202
Gencor Industries
GENC
$223M
$1K ﹤0.01%
+99
New +$1.4K
GENC icon
8203
PUT
Gencor Industries
GENC
$223M
$1K ﹤0.01%
+100
New +$1.42K
GHRS icon
8204
PUT
GH Research
GHRS
$1.87B
$1K ﹤0.01%
100
-300
-75% -$3.35K
GNE icon
8205
CALL
Genie Energy
GNE
$378M
$1K ﹤0.01%
+100
New +$1.46K
GRWG icon
8206
PUT
GrowGeneration
GRWG
$82.9M
$1K ﹤0.01%
1,300
-16,500
-93% -$22.1K
GWRS icon
8207
CALL
Global Water Resources
GWRS
$212M
$1K ﹤0.01%
100
-42,800
-100% -$486K
HAYW icon
8208
PUT
Hayward Holdings
HAYW
$3.13B
$1K ﹤0.01%
100
HBB icon
8209
PUT
Hamilton Beach Brands
HBB
$302M
$1K ﹤0.01%
+100
New +$1.8K
HOFT icon
8210
CALL
Hooker Furnishings Corp
HOFT
$148M
$1K ﹤0.01%
100
HOWL icon
8211
Werewolf Therapeutics
HOWL
$20.8M
$1K ﹤0.01%
1,890
+256
+16% +$335
HOWL icon
8212
PUT
Werewolf Therapeutics
HOWL
$20.8M
$1K ﹤0.01%
1,200
-300
-20% -$393
ICAD
8213
DELISTED
iCAD Inc
ICAD
$1K ﹤0.01%
848
+317
+60% +$806
ICL icon
8214
CALL
ICL Group
ICL
$6.81B
$1K ﹤0.01%
+300
New +$1.76K
IDR icon
8215
PUT
Idaho Strategic Resources
IDR
$449M
$1K ﹤0.01%
+100
New +$1.23K
IE icon
8216
CALL
Ivanhoe Electric
IE
$1.43B
$1K ﹤0.01%
200
-5,100
-96% -$32.3K
IGMS
8217
CALL
DELISTED
IGM Biosciences
IGMS
$1K ﹤0.01%
1,300
+900
+225% +$1.67K
INFU icon
8218
CALL
InfuSystem Holdings
INFU
$184M
$1K ﹤0.01%
300
-100
-25% -$731
INFU icon
8219
PUT
InfuSystem Holdings
INFU
$184M
$1K ﹤0.01%
200
-31,300
-99% -$229K
INVA icon
8220
PUT
Innoviva
INVA
$1.58B
$1K ﹤0.01%
+100
New +$1.79K
ITOS
8221
PUT
DELISTED
iTeos Therapeutics
ITOS
$1K ﹤0.01%
300
-59,500
-99% -$437K
IVOL icon
8222
Quadratic Interest Rate Volatility and Inflation Hedge ETF
IVOL
$274M
$1K ﹤0.01%
94
-100
-52% -$1.8K
IVVD icon
8223
PUT
Invivyd
IVVD
$180M
$1K ﹤0.01%
+3,300
New +$2.96K
JBGS
8224
CALL
JBG SMITH
JBGS
$846M
$1K ﹤0.01%
100
-100
-50% -$1.52K
JBI icon
8225
Janus International
JBI
$722M
$1K ﹤0.01%
261
-27,951
-99% -$222K

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.