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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
DRRX
8726
DELISTED
DURECT Corp
DRRX
$0 ﹤0.01%
+508
New +$408
DRVN icon
8727
Driven Brands
DRVN
$2.25B
-284
Closed -$4.64K
DSGX icon
8728
Descartes Systems
DSGX
$5.84B
-392
Closed -$43.3K
DTM icon
8729
DT Midstream
DTM
$14.9B
-197
Closed -$19.7K
DTM icon
8730
PUT
DT Midstream
DTM
$14.9B
-100
Closed -$9K
DV icon
8731
DoubleVerify
DV
$1.62B
-1,737
Closed -$32.2K
DVAX
8732
DELISTED
Dynavax Technologies
DVAX
-2,014
Closed -$26.6K
DVN icon
8733
Devon Energy
DVN
$51.9B
-503,840
Closed -$17.9M
DXJ icon
8734
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
-1,797
Closed -$198K
DXPE icon
8735
PUT
DXP Enterprises
DXPE
$2.62B
-3,500
Closed -$289K
DYAI icon
8736
Dyadic International
DYAI
$43.4M
-4,407
Closed -$6.64K
DYN icon
8737
PUT
Dyne Therapeutics
DYN
$4.04B
-900
Closed -$21K
EARN
8738
CALL
Ellington Residential Mortgage REIT
EARN
$165M
-3,800
Closed -$25K
EAT icon
8739
Brinker International
EAT
$8.02B
-21,669
Closed -$3.33M
EB
8740
DELISTED
Eventbrite
EB
-4,921
Closed -$14.8K
EBC icon
8741
PUT
Eastern Bankshares
EBC
$4.93B
-1,400
Closed -$24K
EC icon
8742
Ecopetrol
EC
$32.9B
-79,619
Closed -$760K
ECVT icon
8743
CALL
Ecovyst
ECVT
$1.36B
-200
Closed -$1K
EEMX icon
8744
State Street SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF
EEMX
$169M
-811
Closed -$27.2K
EET icon
8745
ProShares Ultra MSCI Emerging Markets
EET
$34.8M
-28
Closed -$1K
EETH icon
8746
ProShares Ether Strategy ETF
EETH
$54.2M
-6,777
Closed -$342K
EFC
8747
Ellington Financial
EFC
$1.68B
-283
Closed -$3.66K
EFG icon
8748
iShares MSCI EAFE Growth ETF
EFG
$16.3B
-200
Closed -$19K
EFSC icon
8749
Enterprise Financial Services Corp
EFSC
$2.41B
-108
Closed -$6K
EFV icon
8750
iShares MSCI EAFE Value ETF
EFV
$27.6B
-209
Closed -$10K

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.