IMC Chicago Portfolio holdings
IMC-Chicago, a key arm of IMC Trading founded in 1989 by Rob Defares and René Schelvis in Amsterdam, is a proprietary trading firm and market maker headquartered in Chicago since opening its first overseas office there in 2000. Employing over 650 of IMC’s 1,600+ global workforce, it operates at the heart of North America’s financial hub, trading equities, options, futures, and other derivatives on major exchanges like the Chicago Mercantile Exchange (CME) and Chicago Board Options Exchange (CBOE). Known for its technology-driven approach, IMC-Chicago leverages advanced algorithms and low-latency systems to provide liquidity across more than 100 global venues, evolving from a trading outfit with strong tech to a tech company that trades. Under CEO Rob Defares, the firm emphasizes innovation, quantitative strategies, and a collaborative culture, making it a powerhouse in the U.S. derivatives market.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 2000 ETF
IWM
|
+$106M |
| 2 |
Advanced Micro Devices
AMD
|
+$81.1M |
| 3 |
Amazon
AMZN
|
+$73M |
| 4 |
TSMC
TSM
|
+$68.5M |
| 5 |
iShares Silver Trust
SLV
|
+$64.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$214M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$209M |
| 3 |
Invesco NASDAQ 100 ETF
QQQM
|
+$209M |
| 4 |
Vanguard S&P 500 ETF
VOO
|
+$150M |
| 5 |
Meta Platforms (Facebook)
META
|
+$102M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 0.28% |
| 2 | Consumer Discretionary | 0.23% |
| 3 | Healthcare | 0.11% |
| 4 | Communication Services | 0.09% |
| 5 | Financials | 0.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
CALL
Western Digital
WDC
$179B
| $36M | 0.02% |
890,600
-25,974
| -3% | -$1.23M |
|
402
CALL
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$162M
| $36M | 0.02% |
699,300
+229,500
| +49% | +$10.6M |
|
403
PUT
Fortinet
FTNT
$112B
| $35.8M | 0.02% |
371,800
-68,800
| -16% | -$6.98M |
|
404
CALL
Constellation Brands
STZ
$22.2B
| $35.7M | 0.02% |
194,600
+125,000
| +180% | +$22.7M |
|
405
PUT
Union Pacific
UNP
$183B
| $35.7M | 0.02% |
151,000
-78,400
| -34% | -$18.9M |
|
406
PUT
Lennar Class A
LEN
$20.4B
| $35.6M | 0.02% |
310,200
+92,134
| +42% | +$11.5M |
|
407
CALL
Carnival Corporation Ltd
CCL
$36.1B
| $35.6M | 0.02% |
1,822,400
-322,800
| -15% | -$7.68M |
|
408
CALL
Elevance Health
ELV
$81.9B
| $35.5M | 0.02% |
81,700
-59,400
| -42% | -$23.8M |
|
409
CALL
Abbott
ABT
$180B
| $35.4M | 0.02% |
267,200
-28,200
| -10% | -$3.59M |
|
410
CALL
Apollo Global Management
APO
$70.7B
| $35.4M | 0.02% |
258,300
-79,400
| -24% | -$12.2M |
|
411
CALL
Altria Group
MO
$122B
| $35.3M | 0.02% |
588,600
+245,100
| +71% | +$13.4M |
|
412
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.3B
| $35.2M | 0.02% |
268,400
-7,000
| -3% | -$946K |
|
413
CALL
Shell
SHEL
$245B
| $35.1M | 0.02% |
479,600
+208,600
| +77% | +$14.1M |
|
414
SPDR Gold Trust
GLD
$132B
| $35.1M | 0.02% |
+121,887
| New | +$32.2M |
|
415
CALL
Albemarle
ALB
$13.5B
| $34.8M | 0.02% |
482,900
-40,300
| -8% | -$3.28M |
|
416
CALL
Enphase Energy
ENPH
$4.84B
| $34.7M | 0.02% |
559,800
-234,600
| -30% | -$14.8M |
|
|
417
CALL
Fortinet
FTNT
$112B
| $34.7M | 0.02% |
360,700
-67,800
| -16% | -$6.87M |
|
418
PUT
Northrop Grumman
NOC
$77B
| $34.7M | 0.02% |
67,700
+5,300
| +8% | +$2.53M |
|
|
419
PUT
Albemarle
ALB
$13.5B
| $34.3M | 0.02% |
476,000
-22,500
| -5% | -$1.83M |
|
420
Alibaba
BABA
$269B
| $34.2M | 0.02% |
258,904
+110,535
| +75% | +$12.7M |
|
421
PUT
Nucor
NUE
$56.4B
| $34.2M | 0.02% |
284,200
+97,000
| +52% | +$12.5M |
|
422
Invesco Galaxy Bitcoin ETF
BTCO
$430M
| $34.1M | 0.02% |
414,952
+348,257
| +522% | +$32.4M |
|
423
CALL
Valero Energy
VLO
$89.8B
| $33.7M | 0.02% |
254,800
-13,000
| -5% | -$1.72M |
|
424
Alphabet (Google) Class A
GOOGL
$3.91T
| $33.5M | 0.02% |
+216,719
| New | +$39.3M |
|
425
PUT
Live Nation Entertainment
LYV
$41.2B
| $33.2M | 0.02% |
254,600
+75,100
| +42% | +$10.3M |
|
Similar funds
IMC Chicago's Q1 2025 Portfolio in Review
As of Q1 2025, IMC Chicago held 3,586 positions worth $177B, down 18% from $215B the previous quarter. Its ten largest holdings account for 46% of the portfolio.
IMC Chicago withdrew a net $21.1B in Q1 2025, closing 516 positions and reducing 1,388 holdings. Its most notable exit was iShares Core S&P 500 ETF, an estimated $209M position sold in full.
By sector, the portfolio is most concentrated in Technology at 0.28% of assets, down from 0.32% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, IMC Chicago opened a new position in Amazon worth $64M.
- IMC Chicago's largest Q1 2025 buy was Amazon: 336,493 shares worth $64M.
- IMC Chicago added most to iShares Russell 2000 ETF in Q1 2025, an estimated $106M increase.
- IMC Chicago's biggest Q1 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $214M.
- IMC Chicago fully exited iShares Core S&P 500 ETF in Q1 2025, selling an estimated $209M.
- IMC Chicago's ten largest holdings make up 46% of its $177B portfolio in Q1 2025.
- IMC Chicago opened 482 new positions and closed 516 in Q1 2025.
- IMC Chicago's portfolio value fell 18% quarter-over-quarter to $177B.
Based on IMC Chicago's 13F filing for Q1 2025, filed 14 Apr 2025.