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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
FIRY
8301
Firy Inc
FIRY
$127M
$1K ﹤0.01%
348
-7,215
-95% -$41.2K
SLP icon
8302
Simulations Plus
SLP
$371M
$1K ﹤0.01%
+46
New +$1.39K
SMRT icon
8303
SmartRent
SMRT
$183M
$1K ﹤0.01%
1,300
-5,511
-81% -$7.71K
STHO icon
8304
Star Holdings Shares of Beneficial Interest
STHO
$112M
$1K ﹤0.01%
+194
New +$1.69K
STR
8305
PUT
DELISTED
Sitio Royalties
STR
$1K ﹤0.01%
100
-200
-67% -$4.05K
STXS icon
8306
PUT
Stereotaxis
STXS
$129M
$1K ﹤0.01%
+1,100
New +$2.34K
SURG icon
8307
CALL
SurgePays
SURG
$6.05M
$1K ﹤0.01%
900
+100
+13% +$148
SVV icon
8308
Savers
SVV
$1.4B
$1K ﹤0.01%
+174
New +$1.61K
SYLD icon
8309
Cambria Shareholder Yield ETF
SYLD
$982M
$1K ﹤0.01%
+18
New +$1.22K
TAIL icon
8310
PUT
Cambria Tail Risk ETF
TAIL
$145M
$1K ﹤0.01%
+300
New +$3.39K
TCMD icon
8311
Tactile Systems Technology
TCMD
$620M
$1K ﹤0.01%
77
-3,062
-98% -$48.2K
TFX icon
8312
Teleflex
TFX
$5.85B
$1K ﹤0.01%
13
-1,038
-99% -$168K
TILE icon
8313
Interface
TILE
$1.91B
$1K ﹤0.01%
71
-486
-87% -$10.6K
TITN icon
8314
CALL
Titan Machinery
TITN
$466M
$1K ﹤0.01%
100
-11,400
-99% -$188K
TLS icon
8315
Telos
TLS
$337M
$1K ﹤0.01%
+817
New +$2.5K
TORO icon
8316
Toro Corp
TORO
$175M
$1K ﹤0.01%
664
-625
-48% -$1.71K
TSLP icon
8317
Kurv Yield Premium Strategy Tesla (TSLA) ETF
TSLP
$15.8M
$1K ﹤0.01%
+70
New +$1.71K
TTGT icon
8318
CALL
TechTarget
TTGT
$246M
$1K ﹤0.01%
+100
New +$1.61K
TUSK icon
8319
PUT
Mammoth Energy Services
TUSK
$132M
$1K ﹤0.01%
700
UFPT icon
8320
UFP Technologies
UFPT
$1.84B
$1K ﹤0.01%
+5
New +$1.21K
UMH
8321
CALL
UMH Properties
UMH
$1.32B
$1K ﹤0.01%
100
-100
-50% -$1.82K
UNF icon
8322
Unifirst Corp
UNF
$5.32B
$1K ﹤0.01%
+8
New +$1.67K
VERV
8323
PUT
DELISTED
Verve Therapeutics
VERV
$1K ﹤0.01%
300
-800
-73% -$5.36K
VGSH icon
8324
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
$1K ﹤0.01%
+32
New +$1.87K
VLN icon
8325
CALL
Valens Semiconductor
VLN
$176M
$1K ﹤0.01%
700
-1,200
-63% -$2.98K

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.