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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
LGO
9126
Largo
LGO
$64.2M
$0 ﹤0.01%
244
-1,743
-88% -$3.15K
LILAK icon
9127
Liberty Latin America Class C
LILAK
$1.49B
-1,225
Closed -$7.43K
LILAK icon
9128
PUT
Liberty Latin America Class C
LILAK
$1.49B
-1,540
Closed -$8K
LINC icon
9129
CALL
Lincoln Educational Services
LINC
$1.31B
-100
Closed -$1K
LINC icon
9130
Lincoln Educational Services
LINC
$1.31B
-496
Closed -$8.07K
LIND icon
9131
Lindblad Expeditions
LIND
$1.77B
-201
Closed -$2.29K
LKFN icon
9132
Lakeland Financial Corp
LKFN
$1.52B
-18
Closed -$1K
LKQ icon
9133
LKQ Corp
LKQ
$6.32B
-2,563
Closed -$102K
LLYVA icon
9134
Liberty Live Group Series A
LLYVA
$8.74B
-24
Closed -$1K
LMAT icon
9135
LeMaitre Vascular
LMAT
$2.23B
-194
Closed -$17K
LMNR icon
9136
CALL
Limoneira
LMNR
$238M
-200
Closed -$4K
LMNR icon
9137
PUT
Limoneira
LMNR
$238M
-400
Closed -$9K
LMT icon
9138
Lockheed Martin
LMT
$131B
-6,346
Closed -$2.92M
LNTH icon
9139
Lantheus
LNTH
$6.75B
-5,229
Closed -$489K
LOB icon
9140
Live Oak Bancshares
LOB
$1.97B
-1,097
Closed -$36.5K
LOGI icon
9141
Logitech
LOGI
$14.8B
-8,632
Closed -$812K
LOOP icon
9142
CALL
Loop Industries
LOOP
$39.9M
-4,900
Closed -$5K
LOOP icon
9143
Loop Industries
LOOP
$39.9M
-3,595
Closed -$4.31K
LOPE icon
9144
PUT
Grand Canyon Education
LOPE
$3.69B
-100
Closed -$16K
LPL icon
9145
CALL
LG Display
LPL
$3.37B
-400
Closed -$1K
CYPH
9146
Cypherpunk Technologies Inc
CYPH
$70.4M
$0 ﹤0.01%
686
-3,402
-83% -$3.75K
CYPH
9147
PUT
Cypherpunk Technologies Inc
CYPH
$70.4M
-800
Closed -$2K
LQD icon
9148
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.7B
-15,382
Closed -$1.64M
LQDT icon
9149
Liquidity Services
LQDT
$1.17B
$0 ﹤0.01%
23
-1,021
-98% -$33.9K
LRMR icon
9150
Larimar Therapeutics
LRMR
$417M
$0 ﹤0.01%
+264
New +$834

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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.