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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
MTTR
9976
CALL
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
-104,200
Closed -$493K
MTTR
9977
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
-94,642
Closed -$448K
MTTR
9978
PUT
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
-40,500
Closed -$191K
HCP
9979
CALL
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
-161,000
Closed -$5.51M
HCP
9980
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
-43,581
Closed -$1.49M
HCP
9981
PUT
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
-59,500
Closed -$2.04M
OMGA
9982
DELISTED
Omega Therapeutics, Inc. Common Stock
OMGA
-342
Closed
QQQW
9983
DELISTED
Tradr 2X Long Triple Q Weekly ETF
QQQW
-100
Closed -$2K
NVDW
9984
DELISTED
Tradr 1.75X Long NVDA Weekly ETF
NVDW
-50
Closed -$1K
SPYM
9985
DELISTED
Tradr 2X Long SPY Monthly ETF
SPYM
-100
Closed -$2K
TSLW
9986
DELISTED
Tradr 1.5X Long TSLA Weekly ETF
TSLW
-2,445
Closed -$145K
SPYB
9987
DELISTED
Tradr 2X Long SPY Weekly ETF
SPYB
-1,200
Closed -$31K
NARI
9988
CALL
DELISTED
Inari Medical, Inc. Common Stock
NARI
-22,900
Closed -$1.17M
NARI
9989
DELISTED
Inari Medical, Inc. Common Stock
NARI
-3,085
Closed -$157K
NARI
9990
PUT
DELISTED
Inari Medical, Inc. Common Stock
NARI
-1,500
Closed -$76K
ZUO
9991
CALL
DELISTED
Zuora, Inc.
ZUO
-104,500
Closed -$1.04M
SILV
9992
CALL
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
-257,300
Closed -$2.34M
SILV
9993
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
-59,197
Closed -$538K
SILV
9994
PUT
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
-57,700
Closed -$525K
ROIC
9995
CALL
DELISTED
Retail Opportunity Investments Corp.
ROIC
-5,800
Closed -$100K
ROIC
9996
PUT
DELISTED
Retail Opportunity Investments Corp.
ROIC
-3,500
Closed -$60K
SUM
9997
CALL
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
-85,100
Closed -$4.31M
SUM
9998
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
-15,301
Closed -$774K
SUM
9999
PUT
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
-23,000
Closed -$1.16M
RVNC
10000
CALL
DELISTED
Revance Therapeutics, Inc.
RVNC
-182,900
Closed -$556K

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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.