Simplify Asset Management Portfolio holdings
Simplify Asset Management runs ETFs that use options and other derivatives, bringing strategies once limited to hedge funds and institutions to more investors. Paul Kim, its chief executive, and David Berns, its chief investment officer, founded the firm, which has provided investment advisory services since August 2020. Its methods include shifting asset allocation as markets change, managing risk with options, and computer-driven models. Beyond its ETFs, it also offers separate accounts for institutional investors, added in 2024, and model portfolios for other investment advisers.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Simplify Barrier Income ETF
SBAR
|
+$28.3M |
| 2 |
Simplify Target 15 Distribution ETF
XV
|
+$26M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$6.12M |
| 4 |
National Vision
EYE
|
+$4.79M |
| 5 |
GeneDx Holdings
WGS
|
+$4.45M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$488M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$51.7M |
| 3 |
Simplify High Yield ETF
CDX
|
+$29.8M |
| 4 |
Simplify US Equity Income ETF
SPUC
|
+$16.7M |
| 5 |
Simplify Intermediate Term Treasury Futures Strategy ETF
TYA
|
+$12.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 90.48% |
| 2 | Healthcare | 6.49% |
| 3 | Energy | 1.24% |
| 4 | Consumer Discretionary | 0.73% |
| 5 | Industrials | 0.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
iShares Core S&P 500 ETF
IVV
$875B
| $691M | 34.78% |
1,113,386
-90,009
| -7% | -$51.7M |
2020 Q4
18 quarters
|
|
|
2
iShares Core US Aggregate Bond ETF
AGG
$137B
| $308M | 15.52% |
3,109,340
+62,496
| +2% | +$6.12M |
2022 Q1
13 quarters
|
|
3
PUT
SPDR Gold Trust
GLD
$130B
| $307M | 15.43% |
997,500
-423,100
| -30% | -$128M |
2024 Q3
3 quarters
|
|
4
Simplify Aggregate Bond ETF
AGGH
$408M
| $107M | 5.39% |
5,193,254
| – | – |
2022 Q3
11 quarters
|
|
5
Simplify Multi-QIS Alternative ETF
QIS
$42M
| $86.4M | 4.35% |
3,927,620
-113,740
| -3% | -$2.51M |
2023 Q4
6 quarters
|
|
|
6
Simplify US Equity Income ETF
SPUC
$259M
| $85.6M | 4.3% |
1,913,678
-421,134
| -18% | -$16.7M |
2025 Q1
1 quarter
|
|
7
Simplify National Muni Bond ETF
NMB
$47M
| $67.8M | 3.41% |
2,714,076
-407,633
| -13% | -$10M |
2024 Q3
3 quarters
|
|
|
8
Simplify Intermediate Term Treasury Futures Strategy ETF
TYA
$41.8M
| $40.8M | 2.05% |
3,022,182
-926,000
| -23% | -$12.1M |
2021 Q4
14 quarters
|
|
9
CALL
iShares Bitcoin Trust
IBIT
$55.2B
| $30.5M | 1.54% |
+510,000
| New | +$28.6M |
2025 Q2
0 quarters
|
|
|
10
Simplify Barrier Income ETF
SBAR
$411M
| $28.8M | 1.45% |
+1,100,000
| New | +$28.3M |
2025 Q2
0 quarters
|
|
|
11
Simplify Target 15 Distribution ETF
XV
$81M
| $26.6M | 1.34% |
+1,000,000
| New | +$26M |
2025 Q2
0 quarters
|
|
12
Plains GP Holdings
PAGP
$5.22B
| $24.7M | 1.24% |
1,272,360
| – | – |
2023 Q1
9 quarters
|
|
13
Eli Lilly
LLY
$1.29T
| $11M | 0.55% |
14,117
-173
| -1% | -$134K |
2021 Q4
14 quarters
|
|
14
DELISTED
Akero Therapeutics
AKRO
| $7.77M | 0.39% |
145,609
| – | – |
2023 Q1
9 quarters
|
|
15
Tesla
TSLA
$1.54T
| $7.67M | 0.39% |
24,141
+11,237
| +87% | +$3.39M |
2020 Q4
18 quarters
|
|
16
VanEck Bitcoin Trust
HODL
$1.15B
| $7.58M | 0.38% |
248,616
+127,136
| +105% | +$3.55M |
2025 Q1
1 quarter
|
|
17
Simplify Currency Strategy ETF
FOXY
$206M
| $7.57M | 0.38% |
289,943
-173,796
| -37% | -$4.46M |
2025 Q1
1 quarter
|
|
18
PureCycle Technologies
PCT
$344M
| $7.11M | 0.36% |
519,017
+8,931
| +2% | +$79.1K |
2023 Q1
9 quarters
|
|
19
ADMA Biologics
ADMA
$3.03B
| $6.94M | 0.35% |
381,139
+37,530
| +11% | +$765K |
2024 Q4
2 quarters
|
|
|
20
National Vision
EYE
$1.43B
| $6.47M | 0.33% |
+281,211
| New | +$4.79M |
2025 Q2
0 quarters
|
|
21
Gilead Sciences
GILD
$208B
| $5.86M | 0.3% |
52,890
+31,618
| +149% | +$3.36M |
2024 Q3
3 quarters
|
|
22
Neurocrine Biosciences
NBIX
$16.9B
| $5.84M | 0.29% |
46,497
+26,223
| +129% | +$3.01M |
2025 Q1
1 quarter
|
|
23
Arcutis Biotherapeutics
ARQT
$3.57B
| $5.74M | 0.29% |
409,432
-251,125
| -38% | -$3.52M |
2024 Q4
2 quarters
|
|
|
24
GeneDx Holdings
WGS
$1.57B
| $5.23M | 0.26% |
+56,700
| New | +$4.45M |
2025 Q2
0 quarters
|
|
25
Philip Morris
PM
$310B
| $5.11M | 0.26% |
28,051
+9,571
| +52% | +$1.64M |
2025 Q1
1 quarter
|
|
Similar funds
Simplify Asset Management's Q2 2025 Portfolio in Review
As of Q2 2025, Simplify Asset Management held 110 positions worth $1.99B, down 26% from $2.67B the previous quarter. Its ten largest holdings account for 88% of the portfolio.
Simplify Asset Management withdrew a net $581M in Q2 2025, closing 21 positions and reducing 50 holdings. Its most notable exit was State Street SPDR S&P 500 ETF Trust, an estimated $488M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 90% of assets, down from 93% a quarter earlier, followed by Healthcare and Energy.
Against the trend, Simplify Asset Management opened a new position in Simplify Barrier Income ETF worth $28.8M.
- Simplify Asset Management's largest Q2 2025 buy was Simplify Barrier Income ETF: 1,100,000 shares worth $28.8M.
- Simplify Asset Management added most to iShares Core US Aggregate Bond ETF in Q2 2025, an estimated $6.12M increase.
- Simplify Asset Management's biggest Q2 2025 reduction was iShares Core S&P 500 ETF, cutting an estimated $51.7M.
- Simplify Asset Management fully exited State Street SPDR S&P 500 ETF Trust in Q2 2025, selling an estimated $488M.
- Simplify Asset Management's ten largest holdings make up 88% of its $1.99B portfolio in Q2 2025.
- Simplify Asset Management opened 16 new positions and closed 21 in Q2 2025.
- Simplify Asset Management's portfolio value fell 26% quarter-over-quarter to $1.99B.
Based on Simplify Asset Management's 13F filing for Q2 2025, filed 7 Aug 2025.