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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
SPRU icon
9601
PUT
Spruce Power Holding Corp
SPRU
$41.9M
-700
Closed -$2K
SPSC icon
9602
SPS Commerce
SPSC
$2.21B
-679
Closed -$107K
SPSC icon
9603
PUT
SPS Commerce
SPSC
$2.21B
-100
Closed -$18K
SPSM icon
9604
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17B
-3,216
Closed -$144K
SPTM icon
9605
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$13.6B
-8
Closed
SPUU icon
9606
Direxion Daily S&P 500 Bull 2X ETF
SPUU
$254M
$0 ﹤0.01%
+3
New +$442
SPWH icon
9607
CALL
Sportsman's Warehouse
SPWH
$44.9M
-3,200
Closed -$8K
SPWH icon
9608
PUT
Sportsman's Warehouse
SPWH
$44.9M
-2,400
Closed -$6K
SPY icon
9609
State Street SPDR S&P 500 ETF Trust
SPY
$787B
-22,614
Closed -$13.3M
SPYG icon
9610
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$51.9B
-19,174
Closed -$1.69M
SPYV icon
9611
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36B
-4,146
Closed -$212K
SQQQ icon
9612
ProShares UltraPro Short QQQ
SQQQ
$2.02B
-27,424
Closed -$4.27M
SR icon
9613
PUT
Spire
SR
$4.85B
-300
Closed -$20K
SRCE icon
9614
CALL
1st Source
SRCE
$1.99B
-26,400
Closed -$1.54M
SSD icon
9615
Simpson Manufacturing
SSD
$7.68B
-601
Closed -$98.7K
SSD icon
9616
PUT
Simpson Manufacturing
SSD
$7.68B
-700
Closed -$116K
SSO icon
9617
ProShares Ultra S&P500
SSO
$8.02B
-14,956
Closed -$690K
SSRM icon
9618
SSR Mining
SSRM
$5.83B
-79,234
Closed -$731K
NSLR
9619
CALL
Neostellar Capital Corp
NSLR
$282M
-1,500
Closed -$8K
ST icon
9620
Sensata Technologies
ST
$6.68B
-4,885
Closed -$135K
STAG icon
9621
STAG Industrial
STAG
$7.9B
-1,914
Closed -$66.8K
STEP icon
9622
StepStone Group
STEP
$3.36B
-5,802
Closed -$341K
STGW icon
9623
Stagwell
STGW
$1.75B
$0 ﹤0.01%
+63
New +$396
STKH
9624
Steakholder Foods
STKH
$994K
$0 ﹤0.01%
+9
New +$521
STKL
9625
DELISTED
SunOpta
STKL
-17,856
Closed -$119K

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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.