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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
NKTR icon
8251
CALL
Nektar Therapeutics
NKTR
$2.39B
$1K ﹤0.01%
100
-987
-91% -$12.9K
NMFC icon
8252
New Mountain Finance
NMFC
$646M
$1K ﹤0.01%
127
-115
-48% -$1.31K
NMR icon
8253
Nomura Holdings
NMR
$28.7B
$1K ﹤0.01%
+176
New +$1.12K
NMTC icon
8254
CALL
NeuroOne Medical Technologies
NMTC
$16.5M
$1K ﹤0.01%
+333
New +$2.11K
NPCE icon
8255
PUT
Neuropace
NPCE
$505M
$1K ﹤0.01%
100
NRC icon
8256
CALL
NRC Health Common Stock
NRC
$474M
$1K ﹤0.01%
+100
New +$1.6K
NRC icon
8257
NRC Health Common Stock
NRC
$474M
$1K ﹤0.01%
+98
New +$1.57K
NRXP icon
8258
NRX Pharmaceuticals
NRXP
$161M
$1K ﹤0.01%
633
-368
-37% -$1.04K
NRXP icon
8259
PUT
NRX Pharmaceuticals
NRXP
$161M
$1K ﹤0.01%
+600
New +$1.69K
NVX
8260
PUT
NOVONIX
NVX
$102M
$1K ﹤0.01%
1,400
-700
-33% -$987
OCFC icon
8261
OceanFirst Financial
OCFC
$1.7B
$1K ﹤0.01%
+93
New +$1.66K
OLPX
8262
PUT
DELISTED
Olaplex Holdings
OLPX
$1K ﹤0.01%
900
-21,500
-96% -$31.8K
OOMA icon
8263
PUT
Ooma
OOMA
$550M
$1K ﹤0.01%
+100
New +$1.42K
OOTO
8264
DELISTED
Direxion Daily Travel & Vacation Bull 2X Shares
OOTO
$1K ﹤0.01%
+100
New +$1.8K
OPBK icon
8265
PUT
OP Bancorp
OPBK
$233M
$1K ﹤0.01%
+100
New +$1.37K
OPI
8266
CALL
DELISTED
Office Properties Income Trust
OPI
$1K ﹤0.01%
2,200
-2,200
-50% -$1.88K
ORMP icon
8267
CALL
Oramed Pharmaceuticals
ORMP
$165M
$1K ﹤0.01%
+800
New +$1.85K
ORMP icon
8268
PUT
Oramed Pharmaceuticals
ORMP
$165M
$1K ﹤0.01%
800
-700
-47% -$1.61K
ORN icon
8269
Orion Group Holdings
ORN
$514M
$1K ﹤0.01%
+195
New +$1.36K
PANL icon
8270
CALL
Pangaea Logistics
PANL
$501M
$1K ﹤0.01%
300
-1,400
-82% -$7.37K
PANL icon
8271
Pangaea Logistics
PANL
$501M
$1K ﹤0.01%
232
-279
-55% -$1.47K
PBW icon
8272
Invesco WilderHill Clean Energy ETF
PBW
$390M
$1K ﹤0.01%
+78
New +$1.46K
PDSB icon
8273
PUT
PDS Biotechnology
PDSB
$38.1M
$1K ﹤0.01%
1,600
PJT icon
8274
PJT Partners
PJT
$4.37B
$1K ﹤0.01%
12
-35
-74% -$5.51K
PLG
8275
CALL
Platinum Group Metals
PLG
$164M
$1K ﹤0.01%
1,300
-500
-28% -$642

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.