Simplify Asset Management Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 20, 2025), Simplify Asset Management Inc. reported 127 stock positions worth $4.9 billion. Its top holding was Simplify Govt MNY MRKT ETF (SBIL) at 67.3% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 13.5%) and iShares Core U.S. Aggregate (AGG, 5.7%). Compared with Q2 2025, it opened 49 new positions, sold out of 9, added to 43 and reduced 22. The biggest buy was a new position in Simplify Govt MNY MRKT ETF (SBIL) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −11%).

Most Recent 13F
Q2 2026
Location
Las Vegas, NV
CIK
0001846368
Portfolio Value
$4.9B (Q3 2025)
SEC Filing
0001172661-25-004330 ↗ filed Oct 20, 2025

Holdings Value

0$2.0B$4.0B$6.0B$8.0B Q1 2024: $1.0B Q1 2024 Q2 2024: $1.1B Q2 2024 Q3 2024: $1.5B Q3 2024 Q4 2024: $1.4B Q4 2024 Q1 2025: $2.1B Q1 2025 Q2 2025: $1.7B Q2 2025 Q3 2025: $4.9B $4.9B Q3 2025 Q4 2025: $6.1B Q4 2025 Q1 2026: $6.5B Q1 2026 Q2 2026: $7.1B Q2 2026

Holdings 127 stocks · $4.9B
SBIL Simplify Govt MNY MRKT ETF 67.25% 33,159,700 $3.3B New
IVV iShares Core S&P 500 ETF 13.48% 993,803 $665.2M Reduce -10.7%
AGG iShares Core U.S. Aggregate 5.69% 2,802,663 $281.0M Reduce -9.9%
QIS Simplify Multi-Qis Alt ETF 1.80% 4,627,620 $88.7M Add +17.8%
SPUC Simplify US Equity Income Et 1.66% 1,634,812 $82.1M Reduce -14.6%
AGGH Simplify Aggregate Bond ETF 1.56% 3,718,254 $77.0M Reduce -28.4%
IBIT iShares Bitcoin Trust ETF 0.84% 636,000 $41.3M New
NMB Simplify National Muni BND 0.79% 1,553,376 $39.2M Reduce -42.8%
NXTI Simplify Next Intg C Idx ETF 0.54% 822,303 $26.9M Add +3587.0%
XV Simplify Target 15 Distr ETF 0.53% 974,406 $25.9M Reduce -2.6%
PAGP Plains GP Holdings LP 0.47% 1,272,360 $23.2M No change
TSLA Tesla Inc. 0.22% 24,360 $10.8M Add +0.9%
UNH Unitedhealth Group Inc. 0.21% 29,360 $10.1M Add +624.8%
FOXY Simplify Currency Strtgy ETF 0.19% 337,443 $9.3M Add +16.4%
ABBV Abbvie Inc. 0.17% 36,883 $8.5M Add +100.6%
UTHR United Therapeutics Corp. 0.17% 19,920 $8.4M New
MLYS Mineralys Therapeutics Inc. 0.17% 218,726 $8.3M New
PCT Purecycle Technologies Inc. 0.16% 590,609 $7.8M Add +13.8%
HODL Vaneck Bitcoin ETF 0.15% 234,992 $7.6M Reduce -5.5%
LLY Eli Lilly & Co. 0.15% 9,664 $7.4M Reduce -31.5%
REGN Regeneron Pharmaceuticals 0.15% 12,981 $7.3M Add +251.1%
SBAR Simplify Barrier Income ETF 0.15% 273,188 $7.2M Reduce -75.2%
AKRO Akero Therapeutics Inc. 0.14% 145,609 $6.9M No change
GILD Gilead Sciences Inc. 0.14% 60,186 $6.7M Add +13.8%
CVS CVS Health Corp. 0.13% 84,926 $6.4M Add +80.8%
TSLL Dirx DLY Tsla Bul 2X ETF-Aui 0.13% 301,237 $6.4M New
ARQT Arcutis Biotherapeutics Inc. 0.12% 317,997 $6.0M Reduce -22.3%
EYE National Vision Holdings Inc. 0.12% 197,840 $5.8M Reduce -29.6%
MIST Milestone Pharmaceuticals Inc. 0.11% 2,832,974 $5.7M Add +186.2%
ABVX Abivax SA-ADR 0.11% 61,449 $5.2M New
NBIX Neurocrine Biosciences Inc. 0.10% 36,624 $5.1M Reduce -21.2%
NKTR Nektar Therapeutics 0.10% 87,174 $5.0M Add +67.7%
PHAT Phathom Pharmaceuticals Inc. 0.08% 321,935 $3.8M Reduce -38.3%
ACHV Achieve Life Sciences Inc. 0.08% 1,184,512 $3.7M No change
ISRG Intuitive Surgical Inc. 0.07% 7,640 $3.4M Reduce -12.2%
MRUS Merus NV 0.06% 33,314 $3.1M New
ABEO Abeona Therapeutics Inc. 0.06% 565,009 $3.0M Add +1.1%
AZN Astrazeneca PLC-Spons ADR 0.06% 36,944 $2.8M Add +13.8%
INSM Insmed Inc. 0.06% 19,664 $2.8M Add +26.6%
DCTH Delcath Systems Inc. 0.06% 261,126 $2.8M Add +144.9%
APLT Applied Therapeutics Inc. 0.06% 4,487,505 $2.7M No change
LITL Simplify PPR Sndlr US SM Cap 0.05% 91,464 $2.6M No change
APLS Apellis Pharmaceuticals Inc. 0.05% 106,888 $2.4M New
ALHC Alignment Healthcare Inc. 0.05% 136,934 $2.4M Add +13.8%
COR Cencora Inc. 0.05% 7,406 $2.3M Reduce -15.4%
CLDX Celldex Therapeutics Inc. 0.04% 85,000 $2.2M New
TYA Simplify Intermediate Term 0.04% 158,400 $2.2M Reduce -94.8%
MSOS Advisorshares Pure US Cann 0.04% 444,428 $2.1M New
GEHC GE Healthcare Technology 0.04% 28,184 $2.1M Add +13.8%
JNJ Johnson & Johnson 0.04% 11,402 $2.1M Add +14.0%
PEN Penumbra Inc. 0.04% 8,342 $2.1M New
GH Guardant Health Inc. 0.04% 31,100 $1.9M Add +16.8%
CAH Cardinal Health Inc. 0.04% 12,223 $1.9M Reduce -47.4%
IQV Iqvia Holdings Inc. 0.03% 9,044 $1.7M Add +13.9%
WGS Genedx Holdings Corp. 0.03% 15,629 $1.7M Reduce -72.4%
CMPS Compass Pathways PLC 0.03% 290,000 $1.7M New
TCRX Tscan Therapeutics Inc. 0.03% 904,972 $1.6M Reduce -13.6%
BHVN Biohaven Ltd. 0.03% 109,685 $1.6M Add +13.8%
DHR Danaher Corp. 0.03% 8,079 $1.6M Reduce -55.7%
RITM Rithm Capital Corp. 0.03% 142,085 $1.6M No change
ESTA Establishment Labs Holdings 0.03% 37,948 $1.6M New
PLTR Palantir Technologies Inc. Class A 0.03% 8,453 $1.5M New
HQY Healthequity Inc. 0.03% 15,805 $1.5M New
ABT Abbott Laboratories 0.03% 11,138 $1.5M Add +13.7%
JSPR Jasper Therapeutics Inc. 0.03% 609,053 $1.4M New
RVTY Revvity Inc. 0.03% 16,418 $1.4M Add +13.8%
WMT Walmart Inc. 0.03% 13,885 $1.4M New
RFIX Simplify Bond Bull ETF 0.03% 33,000 $1.4M New
ZVRA Zevra Therapeutics Inc. 0.03% 147,000 $1.4M No change
EYPT Eyepoint Inc. 0.03% 90,440 $1.3M Add +13.8%
NLY Annaly Capital Management Inc. 0.03% 62,900 $1.3M No change
ARGX Argenx SE - ADR 0.02% 1,659 $1.2M Add +13.1%
LGND Ligand Pharmaceuticals 0.02% 6,786 $1.2M Add +13.7%
TMO Thermo Fisher Scientific Inc. 0.02% 2,435 $1.2M Add +13.4%
PCRX Pacira Biosciences Inc. 0.02% 44,946 $1.2M Reduce -62.8%
CSCO Cisco Systems Inc. 0.02% 16,391 $1.1M New
BNTC Benitec Biopharma Inc. 0.02% 78,725 $1.1M Add +13.8%
VRDN Viridian Therapeutics Inc. 0.02% 50,000 $1.1M New
BRK.B Berkshire Hathaway Inc. Class B 0.02% 2,064 $1.0M New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.02% 3,660 $1.0M New
MA Mastercard Inc. Class A 0.02% 1,483 $844K New
AGNC AGNC Investment Corp. 0.02% 86,000 $842K No change
APP AppLovin Corp. Class A 0.02% 1,169 $840K New
INTU Intuit Inc. 0.02% 1,171 $800K New
BSX Boston Scientific Corp. 0.02% 8,087 $790K Add +13.8%
EW Edwards Lifesciences Corp. 0.02% 10,054 $782K Add +13.9%
FULC Fulcrum Therapeutics Inc. 0.02% 83,234 $766K Add +13.8%
NOW ServiceNow Inc. 0.01% 804 $740K New
QCOM Qualcomm Inc. 0.01% 4,356 $725K New
XOM Exxon Mobil Corp. 0.01% 6,193 $698K New
CIM Chimera Investment Corp. 0.01% 51,025 $675K No change
LONA Leonabio Inc. filed as ATHIRA PHARMA INC 0.01% 149,279 $618K No change
ADBE Adobe Inc. 0.01% 1,717 $606K New
CI The Cigna Group 0.01% 1,999 $576K Add +29.5%
SPOT Spotify Technology SA 0.01% 823 $574K New
SNPS Synopsys Inc. 0.01% 1,085 $535K New
TWO Two Harbors Investment Corp. filed as TWO HBRS INVT CORP 0.01% 53,250 $526K No change
LIVN Livanova PLC 0.01% 9,691 $508K Add +8.8%
COO The Cooper Cos Inc. 0.01% 7,088 $486K Add +13.9%
VRTX Vertex Pharmaceuticals Inc. 0.01% 1,225 $480K Add +13.3%

Show all 127 holdings

Options reported separately and not counted above: GLD puts ($451.2M), IBIT calls ($43.4M).

Portfolio Sells Q2 2025 → Q3 2025
IVV iShares Core S&P 500 ETF Reduce -10.7% 13.48% −28.41
AGG iShares Core U.S. Aggregate Reduce -9.9% 5.69% −12.99
AGGH Simplify Aggregate Bond ETF Reduce -28.4% 1.56% −4.93
SPUC Simplify US Equity Income Et Reduce -14.6% 1.66% −3.52
NMB Simplify National Muni BND Reduce -42.8% 0.79% −3.32
TYA Simplify Intermediate Term Reduce -94.8% 0.04% −2.43
SBAR Simplify Barrier Income ETF Reduce -75.2% 0.15% −1.60
XV Simplify Target 15 Distr ETF Reduce -2.6% 0.53% −1.09
LLY Eli Lilly & Co. Reduce -31.5% 0.15% −0.52
ADMA Adma Biologics Inc. Sold out 0.00% −0.42
PM Philip Morris International Reduce -95.3% 0.00% −0.31
HODL Vaneck Bitcoin ETF Reduce -5.5% 0.15% −0.30
WGS Genedx Holdings Corp. Reduce -72.4% 0.03% −0.28
EYE National Vision Holdings Inc. Reduce -29.6% 0.12% −0.28
NBIX Neurocrine Biosciences Inc. Reduce -21.2% 0.10% −0.25
PHAT Phathom Pharmaceuticals Inc. Reduce -38.3% 0.08% −0.23
ARQT Arcutis Biotherapeutics Inc. Reduce -22.3% 0.12% −0.23
ISRG Intuitive Surgical Inc. Reduce -12.2% 0.07% −0.22
FLR Fluor Corp. Sold out 0.00% −0.21
CAH Cardinal Health Inc. Reduce -47.4% 0.04% −0.20
DHR Danaher Corp. Reduce -55.7% 0.03% −0.19
RMD Resmed Inc. Sold out 0.00% −0.16
PCRX Pacira Biosciences Inc. Reduce -62.8% 0.02% −0.15
COR Cencora Inc. Reduce -15.4% 0.05% −0.11
DXCM Dexcom Inc. Sold out 0.00% −0.11
DGX Quest Diagnostics Inc. Sold out 0.00% −0.09
SNY Sanofi-ADR Sold out 0.00% −0.06
TCRX Tscan Therapeutics Inc. Reduce -13.6% 0.03% −0.06
RARE Ultragenyx Pharmaceutical Inc. Sold out 0.00% −0.03
CAPR Capricor Therapeutics Inc. Sold out 0.00% −0.02
PODD Insulet Corp. Sold out 0.00% −0.02

Portfolio Buys Q2 2025 → Q3 2025
SBIL Simplify Govt MNY MRKT ETF New 67.25% +67.25
IBIT iShares Bitcoin Trust ETF New 0.84% +0.84
NXTI Simplify Next Intg C Idx ETF Add +3587.0% 0.54% +0.50
UTHR United Therapeutics Corp. New 0.17% +0.17
MLYS Mineralys Therapeutics Inc. New 0.17% +0.17
TSLL Dirx DLY Tsla Bul 2X ETF-Aui New 0.13% +0.13
UNH Unitedhealth Group Inc. Add +624.8% 0.21% +0.13
ABVX Abivax SA-ADR New 0.11% +0.11
MRUS Merus NV New 0.06% +0.06
APLS Apellis Pharmaceuticals Inc. New 0.05% +0.05
CLDX Celldex Therapeutics Inc. New 0.04% +0.04
MSOS Advisorshares Pure US Cann New 0.04% +0.04
PEN Penumbra Inc. New 0.04% +0.04
CMPS Compass Pathways PLC New 0.03% +0.03
ESTA Establishment Labs Holdings New 0.03% +0.03
PLTR Palantir Technologies Inc. Class A New 0.03% +0.03
HQY Healthequity Inc. New 0.03% +0.03
REGN Regeneron Pharmaceuticals Add +251.1% 0.15% +0.03
JSPR Jasper Therapeutics Inc. New 0.03% +0.03
WMT Walmart Inc. New 0.03% +0.03
RFIX Simplify Bond Bull ETF New 0.03% +0.03
CSCO Cisco Systems Inc. New 0.02% +0.02
VRDN Viridian Therapeutics Inc. New 0.02% +0.02
BRK.B Berkshire Hathaway Inc. Class B New 0.02% +0.02
IBM Intl Business Machines Corp. New 0.02% +0.02
NKTR Nektar Therapeutics Add +67.7% 0.10% +0.02
MA Mastercard Inc. Class A New 0.02% +0.02
APP AppLovin Corp. Class A New 0.02% +0.02
INTU Intuit Inc. New 0.02% +0.02
NOW ServiceNow Inc. New 0.01% +0.01
QCOM Qualcomm Inc. New 0.01% +0.01
XOM Exxon Mobil Corp. New 0.01% +0.01
ADBE Adobe Inc. New 0.01% +0.01
SPOT Spotify Technology SA New 0.01% +0.01
SNPS Synopsys Inc. New 0.01% +0.01
GE General Electric New 0.01% +0.01
CDNS Cadence Design SYS Inc. New 0.01% +0.01
DELL Dell Technologies -C New 0.01% +0.01
ALNY Alnylam Pharmaceuticals Inc. New 0.01% +0.01
HD Home Depot Inc. New 0.01% +0.01
IDXX Idexx Laboratories Inc. New 0.01% +0.01
MSI Motorola Solutions Inc. New 0.01% +0.01
NET Cloudflare Inc. Class A New 0.01% +0.01
ADSK Autodesk Inc. New 0.01% +0.01
WDAY Workday Inc. Class A New 0.01% +0.01
UBER Uber Technologies Inc. New 0.01% +0.01
KO The Coca-Cola Co. New 0.01% +0.01
FTNT Fortinet Inc. New 0.01% +0.01
BKNG Booking Holdings Inc. New 0.00% +0.00
GEV GE Vernova Inc. New 0.00% +0.00

Options Activity Q2 2025 → Q3 2025
GLD SPDR Gold Shares put Add +27.0% 1,267,200 $451.2M
IBIT iShares Bitcoin Trust ETF call Add +27.4% 650,000 $43.4M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 136$7.1BSBIL, IVV, AGG, TUA, SPUC
Q1 2026 142$6.5BSBIL, IVV, AGG, TUA, SPUC
Q4 2025 140$6.1BSBIL, IVV, AGG, SPUC, QIS
Q3 2025 127$4.9BSBIL, IVV, AGG, QIS, SPUC
Q2 2025 87$1.7BIVV, AGG, AGGH, QIS, SPUC
Q1 2025 92$2.1BIVV, SPY, AGG, AGGH, QIS
Q4 2024 89$1.4BIVV, AGG, BUCK, AGGH, NMB
Q3 2024Amended 101$1.5BIVV, AGG, AGGH, BUCK, NMB
Q2 2024 100$1.1BIVV, AGG, AGGH, CDX, BUCK
Q1 2024 96$1.0BIVV, AGGH, BUCK, AGG, PAGP