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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
VOR icon
8326
PUT
Vor Biopharma
VOR
$1.04B
$1K ﹤0.01%
115
+35
+44% +$840
VREX icon
8327
Varex Imaging
VREX
$460M
$1K ﹤0.01%
+131
New +$1.73K
WD icon
8328
Walker & Dunlop
WD
$1.65B
$1K ﹤0.01%
23
+3
+15% +$269
WNC icon
8329
CALL
Wabash National
WNC
$543M
$1K ﹤0.01%
100
-2,700
-96% -$36.3K
XAIR icon
8330
Beyond Air
XAIR
$3.72M
$1K ﹤0.01%
+14
New +$1.9K
XNCR icon
8331
CALL
Xencor
XNCR
$1.44B
$1K ﹤0.01%
100
-600
-86% -$9.91K
XSHD icon
8332
Invesco S&P SmallCap High Dividend Low Volatility ETF
XSHD
$72.3M
$1K ﹤0.01%
+100
New +$1.43K
YALL icon
8333
Truth Social God Bless America ETF
YALL
$86.8M
$1K ﹤0.01%
54
YMAB
8334
DELISTED
Y-mAbs Therapeutics
YMAB
$1K ﹤0.01%
437
-1,346
-75% -$7.81K
ZIMV
8335
CALL
DELISTED
ZimVie
ZIMV
$1K ﹤0.01%
+100
New +$1.31K
ZIP icon
8336
PUT
ZipRecruiter
ZIP
$318M
$1K ﹤0.01%
+200
New +$1.33K
ANRO icon
8337
Alto Neuroscience
ANRO
$1.04B
$1K ﹤0.01%
+584
New +$2.09K
ANRO icon
8338
PUT
Alto Neuroscience
ANRO
$1.04B
$1K ﹤0.01%
500
QTTB icon
8339
CALL
Q32 Bio
QTTB
$450M
$1K ﹤0.01%
800
-4,400
-85% -$11.8K
PACS icon
8340
PACS Group
PACS
$7.42B
$1K ﹤0.01%
154
-33,797
-100% -$444K
SUNS
8341
PUT
Sunrise Realty Trust
SUNS
$108M
$1K ﹤0.01%
+100
New +$1.2K
RZLV
8342
PUT
Rezolve AI
RZLV
$893M
$1K ﹤0.01%
+1,100
New +$2.6K
ORKA
8343
CALL
Oruka Therapeutics
ORKA
$5.56B
$1K ﹤0.01%
+100
New +$1.25K
CONI
8344
GraniteShares 2x Short COIN Daily ETF
CONI
$12.3M
$1K ﹤0.01%
+5
New +$1.18K
BCAX
8345
CALL
Bicara Therapeutics
BCAX
$1.78B
$1K ﹤0.01%
100
-1,200
-92% -$15.9K
ETU
8346
T-Rex 2X Long Ether Daily Target ETF
ETU
$10.8M
$1K ﹤0.01%
+161
New +$3.71K
IRD
8347
Opus Genetics
IRD
$254M
$1K ﹤0.01%
+1,618
New +$1.81K
CEPI
8348
REX Crypto Equity Premium Income ETF
CEPI
$110M
$1K ﹤0.01%
+42
New +$1.9K
LAR
8349
CALL
Lithium Argentina AG
LAR
$958M
$1K ﹤0.01%
+800
New +$2.02K
QVCGA
8350
CALL
DELISTED
QVC Group Inc Series A
QVCGA
$1K ﹤0.01%
146
+32
+28% +$509

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.