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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
PSTX
10026
CALL
DELISTED
Poseida Therapeutics, Inc. Common Stock
PSTX
-13,900
Closed -$31K
PSTX
10027
DELISTED
Poseida Therapeutics, Inc. Common Stock
PSTX
-14,032
Closed -$134K
AGR
10028
CALL
DELISTED
Avangrid, Inc.
AGR
-7,800
Closed -$4K
NAPA
10029
CALL
DELISTED
The Duckhorn Portfolio, Inc.
NAPA
-12,300
Closed -$35K
AKTS
10030
DELISTED
Akoustis Technologies Inc
AKTS
-21,971
Closed
CTLT
10031
CALL
DELISTED
CATALENT, INC.
CTLT
-13,500
Closed -$39K
SAVE
10032
CALL
DELISTED
Spirit Airlines, Inc.
SAVE
-682,100
Closed -$228K
SAVE
10033
PUT
DELISTED
Spirit Airlines, Inc.
SAVE
-2,434,400
Closed -$815K
LILM
10034
CALL
DELISTED
Lilium N.V. Class A Ordinary Shares
LILM
-220,900
Closed -$36K
LILM
10035
PUT
DELISTED
Lilium N.V. Class A Ordinary Shares
LILM
-19,200
Closed -$3K
GRTS
10036
DELISTED
Gritstone bio, Inc. Common Stock
GRTS
-44,228
Closed
ALPP
10037
DELISTED
Alpine 4 Holdings Inc
ALPP
-1
Closed
VTNR
10038
CALL
DELISTED
Vertex Energy, Inc
VTNR
-300,800
Closed -$10K
VTNR
10039
DELISTED
Vertex Energy, Inc
VTNR
-42,600
Closed -$1K
VTNR
10040
PUT
DELISTED
Vertex Energy, Inc
VTNR
-31,900
Closed -$1K
EGRX
10041
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
-18,162
Closed -$9K
LICY
10042
DELISTED
Li-Cycle Holdings Corp.
LICY
-16,457
Closed -$19.7K
MRNS
10043
CALL
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
-8,100
Closed -$4K
MRNS
10044
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
-9,526
Closed -$5K
GOEV
10045
CALL
DELISTED
Canoo Inc. Class A Common Stock
GOEV
-1,186,000
Closed -$8K
GOEV
10046
PUT
DELISTED
Canoo Inc. Class A Common Stock
GOEV
-398,900
Closed -$243K
ODVWW
10047
PUT
DELISTED
Osisko Development Corp. Warrant
ODVWW
-7,100
Closed -$11K
SDIG
10048
CALL
DELISTED
Stronghold Digital Mining, Inc. Class A Common Stock
SDIG
-6,200
Closed -$21K
SDIG
10049
DELISTED
Stronghold Digital Mining, Inc. Class A Common Stock
SDIG
-46,766
Closed -$163K
SDIG
10050
PUT
DELISTED
Stronghold Digital Mining, Inc. Class A Common Stock
SDIG
-97,600
Closed -$341K

Similar funds

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.