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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
JLL icon
8226
Jones Lang LaSalle
JLL
$15.1B
$1K ﹤0.01%
+8
New +$2.1K
JYNT icon
8227
PUT
The Joint Corp
JYNT
$119M
$1K ﹤0.01%
100
-13,400
-99% -$152K
OPLN
8228
PUT
Openlane
OPLN
$4.17B
$1K ﹤0.01%
100
KELYA icon
8229
PUT
Kelly Services Class A
KELYA
$526M
$1K ﹤0.01%
+100
New +$1.37K
KTCC icon
8230
CALL
Key Tronic
KTCC
$40.3M
$1K ﹤0.01%
600
-100
-14% -$332
KZR
8231
PUT
DELISTED
Kezar Life Sciences
KZR
$1K ﹤0.01%
400
-200
-33% -$1.21K
LFVN icon
8232
PUT
LifeVantage
LFVN
$82.4M
$1K ﹤0.01%
+100
New +$1.89K
LPL icon
8233
LG Display
LPL
$3.17B
$1K ﹤0.01%
336
-1,812
-84% -$5.9K
LYTS icon
8234
LSI Industries
LYTS
$853M
$1K ﹤0.01%
+81
New +$1.55K
MAX icon
8235
PUT
MediaAlpha
MAX
$710M
$1K ﹤0.01%
200
-400
-67% -$4.27K
MCRB icon
8236
PUT
Seres Therapeutics
MCRB
$48M
$1K ﹤0.01%
85
-4,310
-98% -$67.5K
MDU icon
8237
PUT
MDU Resources
MDU
$4.44B
$1K ﹤0.01%
+900
New +$15.5K
MLPA icon
8238
Global X MLP ETF
MLPA
$2.28B
$1K ﹤0.01%
30
-5
-14% -$263
MOV icon
8239
CALL
Movado Group
MOV
$812M
$1K ﹤0.01%
+100
New +$1.9K
MOV icon
8240
PUT
Movado Group
MOV
$812M
$1K ﹤0.01%
+100
New +$1.9K
MRCC
8241
PUT
DELISTED
Monroe Capital Corp
MRCC
$1K ﹤0.01%
+200
New +$1.67K
MRSN
8242
DELISTED
Mersana Therapeutics
MRSN
$1K ﹤0.01%
+137
New +$2.11K
MSTB icon
8243
CALL
LHA Market State Tactical Beta ETF
MSTB
$191M
$1K ﹤0.01%
200
-400
-67% -$13.6K
MTW icon
8244
CALL
Manitowoc
MTW
$516M
$1K ﹤0.01%
200
-100
-33% -$975
MTW icon
8245
Manitowoc
MTW
$516M
$1K ﹤0.01%
165
-30
-15% -$292
MVO
8246
PUT
MV Oil Trust
MVO
$6.85M
$1K ﹤0.01%
200
-6,100
-97% -$37.3K
MXCT icon
8247
CALL
MaxCyte
MXCT
$116M
$1K ﹤0.01%
600
-11,100
-95% -$43.8K
MYE icon
8248
PUT
Myers Industries
MYE
$1.18B
$1K ﹤0.01%
+100
New +$1.18K
LUXE
8249
PUT
LuxExperience B.V.
LUXE
$1.1B
$1K ﹤0.01%
1,300
+500
+63% +$4.63K
NEGG icon
8250
PUT
Newegg Commerce
NEGG
$296M
$1K ﹤0.01%
155
-945
-86% -$7.59K

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.