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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
OKLO
9901
Oklo
OKLO
$7.68B
-29,407
Closed -$994K
USOY
9902
Defiance Oil Enhanced Options Income ETF
USOY
$65.5M
-502
Closed -$7K
BWIN
9903
Baldwin Insurance Group
BWIN
$2.55B
-298
Closed -$12.1K
CNH
9904
CNH Industrial
CNH
$12.8B
-9,556
Closed -$120K
GDXY
9905
YieldMax Gold Miners Option Income Strategy ETF
GDXY
$207M
-16
Closed
METU
9906
Direxion Daily META Bull 2X ETF
METU
$468M
-260
Closed -$8K
ONIT
9907
CALL
Onity Group
ONIT
$337M
-400
Closed -$12K
SNOY
9908
YieldMax SNOW Option Income Strategy ETF
SNOY
$46.5M
-522
Closed -$9K
TEM
9909
Tempus AI
TEM
$8.8B
-54,012
Closed -$2.92M
QQQT
9910
Defiance Nasdaq 100 Income Target ETF
QQQT
$45.6M
$0 ﹤0.01%
38
-1,309
-97% -$24K
BTCZ
9911
T-Rex 2X Inverse Bitcoin Daily Target ETF
BTCZ
$20.9M
-100
Closed
CMBT
9912
PUT
CMB.TECH NV
CMBT
$4.38B
-5,400
Closed -$53K
UFOX
9913
Defiance Space and Connective Tech ETF
UFOX
$896M
-764
Closed -$36K
CON
9914
CALL
Concentra Group Holdings
CON
$4.01B
-100
Closed -$1K
LLYX
9915
Defiance Daily Target 2x Long LLY ETF
LLYX
$60.3M
-4,165
Closed -$75K
TSPY
9916
TappAlpha S&P 500 Growth & Daily Income ETF
TSPY
$301M
-324
Closed -$8K
NBIS
9917
Nebius Group N.V.
NBIS
$55.1B
-61,018
Closed -$2.01M
AVGX
9918
Defiance Daily Target 2X Long AVGO ETF
AVGX
$264M
-1,880
Closed -$60K
PTIR
9919
GraniteShares 2x Long PLTR Daily ETF
PTIR
$297M
-144,855
Closed -$1.27M
SEI
9920
Solaris Energy Infrastructure
SEI
$3.71B
-3,725
Closed -$103K
WDTE
9921
Defiance S&P 500 Weekly Distribution ETF
WDTE
$66.5M
-456
Closed -$17K
ZENA
9922
ZenaTech Inc
ZENA
$132M
$0 ﹤0.01%
+276
New +$1.26K
PLTY
9923
YieldMax PLTR Option Income Strategy ETF
PLTY
$344M
-599
Closed -$42K
AIFU
9924
CALL
AIFU Inc
AIFU
$196M
-3
Closed -$1K
QNXT
9925
iShares Nasdaq-100 ex Top 30 ETF
QNXT
$28.1M
-100
Closed -$2K

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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.