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Simplex Trading

Simplex Trading Portfolio holdings

AUM $171B Turnover 30.09%
1-Year Est. Return 85%
 

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
+39.06%
1 Year Est. Return
+85%
3 Year Est. Return
+183.25%
5 Year Est. Return
+145.21%
10 Year Est. Return
+1,056.84%
AUM
$171B
AUM Growth
+$21.5B
Cap. Flow
-$29.5M
Cap. Flow %
-0.02%
Top 10 Hldgs %
49.56%
Holding
10,638
New
1,714
Increased
3,712
Reduced
3,486
Closed
1,487
Avg Time Held Equity + Options
2.9 years
Top 10 Avg Time Held Equity + Options
3.8 years
Top 20 Avg Time Held Equity + Options
4.1 years
Avg Time Held Equity only
0.5 years
Top 10 Avg Time Held Equity only
0.3 years
Top 20 Avg Time Held Equity only
0.3 years

Sector Composition

Rank Sector Weight
1 Miscellaneous 98.28%
2 Technology 0.76%
3 Consumer Discretionary 0.21%
4 Communication Services 0.19%
5 Healthcare 0.15%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow Held Since
NCNO icon
9951
nCino
NCNO
$2.47B
– –
-4,716
Closed -$77.4K –
NEWT icon
9952
PUT
NewtekOne
NEWT
$336M
– –
-2,300
Closed -$25.2K –
NEXN icon
9953
CALL
Nexxen International
NEXN
$515M
– –
-5,800
Closed -$37.8K –
NEXN icon
9954
PUT
Nexxen International
NEXN
$515M
– –
-100
Closed -$652 –
NFLX icon
9955
Netflix
NFLX
$279B
– –
-184,871
Closed -$16.3M –
NFTY icon
9956
First Trust India Nifty 50 Equal Weight ETF
NFTY
$98.8M
– –
-3,602
Closed -$185K –
NGG icon
9957
National Grid
NGG
$83.1B
– –
-7,103
Closed -$604K –
NGL icon
9958
NGL Energy Partners
NGL
$1.93B
– –
-37,418
Closed -$582K –
NGNE icon
9959
Neurogene
NGNE
$486M
– –
-89
Closed -$2.45K –
NGS icon
9960
Natural Gas Services Group
NGS
$387M
– –
-33,348
Closed -$1.36M –
NGS icon
9961
PUT
Natural Gas Services Group
NGS
$387M
– –
-200
Closed -$7.55K –
NGVC icon
9962
Vitamin Cottage Natural Grocers
NGVC
$746M
– –
-784
Closed -$20.3K –
NGVT icon
9963
Ingevity
NGVT
$2.4B
– –
-12
Closed -$864 –
NHC icon
9964
CALL
National Healthcare
NHC
$3.81B
– –
-200
Closed -$31.9K –
NHC icon
9965
National Healthcare
NHC
$3.81B
– –
-81
Closed -$12.9K –
NHC icon
9966
PUT
National Healthcare
NHC
$3.81B
– –
-200
Closed -$31.9K –
NMG icon
9967
Nouveau Monde Graphite
NMG
$293M
– –
-10,670
Closed -$20.2K –
NNI icon
9968
CALL
Nelnet
NNI
$4.5B
– –
-700
Closed -$90.3K –
NNI icon
9969
PUT
Nelnet
NNI
$4.5B
– –
-100
Closed -$12.9K –
NOA icon
9970
CALL
North American Construction
NOA
$301M
– –
-1,000
Closed -$13.5K –
NOA icon
9971
PUT
North American Construction
NOA
$301M
– –
-100
Closed -$1.35K –
NOAH icon
9972
Noah Holdings
NOAH
$481M
– –
-875
Closed -$8.66K –
NOAH icon
9973
PUT
Noah Holdings
NOAH
$481M
– –
-400
Closed -$3.96K –
NOC icon
9974
Northrop Grumman
NOC
$78.5B
– –
-1,545
Closed -$891K –
NOG icon
9975
Northern Oil and Gas
NOG
$2.9B
– –
-2,995
Closed -$71K –

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Simplex Trading's Q2 2026 Portfolio in Review

As of Q2 2026, Simplex Trading held 10,638 positions worth $171B, up 14% from $149B the previous quarter. Its ten largest holdings account for 50% of the portfolio.

Simplex Trading's Q2 2026 filing shows 1,714 new, 3,712 increased, 3,486 reduced and 1,487 closed positions. Its largest new stake was Micron Technology: 52,682 shares worth $60.8M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $108M.

By sector, the portfolio is most concentrated in Miscellaneous at 98% of assets, down from 98% a quarter earlier, followed by Technology and Consumer Discretionary.

  • Simplex Trading's largest Q2 2026 buy was Micron Technology: 52,682 shares worth $60.8M.
  • Simplex Trading added most to iShares Russell 2000 ETF in Q2 2026, an estimated $146M increase.
  • Simplex Trading's biggest Q2 2026 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $108M.
  • Simplex Trading fully exited Intel in Q2 2026, selling an estimated $76.6M.
  • Simplex Trading's ten largest holdings make up 50% of its $171B portfolio in Q2 2026.
  • Simplex Trading opened 1,714 new positions and closed 1,487 in Q2 2026.
  • Simplex Trading's portfolio value rose 14% quarter-over-quarter to $171B.

Based on Simplex Trading's 13F filing for Q2 2026, filed 12 Aug 2026.