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 |
ProShares UltraPro S&P 500
UPRO
|
+$387M |
| 2 |
ProShares UltraPro QQQ
TQQQ
|
+$359M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$152M |
| 4 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$143M |
| 5 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$139M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$286M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$49.4M |
| 3 |
JPMorgan Chase
JPM
|
+$42.8M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$34M |
| 5 |
Tesla
TSLA
|
+$28.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 0.17% |
| 2 | Consumer Discretionary | 0.14% |
| 3 | Communication Services | 0.06% |
| 4 | Financials | 0.04% |
| 5 | Industrials | 0.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FLG
1551
Flagstar Bank National Association
FLG
$5.77B
| $696K | ﹤0.01% |
+22,685
| New | +$681K |
|
1552
CALL
Teck Resources
TECK
$29.5B
| $689K | ﹤0.01% |
16,300
+5,100
| +46% | +$196K |
|
1553
ProShares UltraPro Short Russell2000
SRTY
$76.3M
| $685K | ﹤0.01% |
5,665
-4,361
| -43% | -$798K |
|
1554
Equity Residential
EQR
$25.4B
| $683K | ﹤0.01% |
+11,164
| New | +$646K |
|
1555
MP Materials
MP
$7.35B
| $682K | ﹤0.01% |
34,376
-10,236
| -23% | -$175K |
|
|
SNV
1556
CALL
DELISTED
Synovus
SNV
| $681K | ﹤0.01% |
+18,100
| New | +$553K |
|
1557
PUT
Wendy's
WEN
$1.33B
| $680K | ﹤0.01% |
34,900
+2,800
| +9% | +$53.9K |
|
1558
PUT
Upwork
UPWK
$1.09B
| $680K | ﹤0.01% |
45,700
+14,800
| +48% | +$191K |
|
1559
ArcelorMittal
MT
$50.4B
| $678K | ﹤0.01% |
+23,879
| New | +$585K |
|
1560
Stride
LRN
$3.69B
| $676K | ﹤0.01% |
+11,392
| New | +$624K |
|
1561
PUT
Kyndryl
KD
$2.66B
| $675K | ﹤0.01% |
+32,500
| New | +$555K |
|
|
FIRY
1562
CALL
Firy Inc
FIRY
$127M
| $673K | ﹤0.01% |
107,800
-8,000
| -7% | -$44.7K |
|
1563
PUT
Groupon
GRPN
$980M
| $670K | ﹤0.01% |
52,200
-34,700
| -40% | -$416K |
|
1564
PUT
Nordic American Tanker
NAT
$1.37B
| $670K | ﹤0.01% |
159,500
+21,900
| +16% | +$93.2K |
|
1565
CALL
Coty
COTY
$2.33B
| $664K | ﹤0.01% |
53,500
-38,000
| -42% | -$411K |
|
1566
Direxion Daily AMZN Bull 2X ETF
AMZU
$287M
| $660K | ﹤0.01% |
24,287
+7,525
| +45% | +$186K |
|
1567
PUT
Incyte
INCY
$23.5B
| $659K | ﹤0.01% |
+10,500
| New | +$594K |
|
|
GES
1568
PUT
DELISTED
Guess Inc
GES
| $655K | ﹤0.01% |
28,400
+5,000
| +21% | +$112K |
|
|
DQ
1569
PUT
Daqo New Energy
DQ
$790M
| $654K | ﹤0.01% |
+24,600
| New | +$627K |
|
|
IRBT
1570
CALL
DELISTED
iRobot
IRBT
| $654K | ﹤0.01% |
+16,900
| New | +$601K |
|
|
IPG
1571
CALL
DELISTED
Interpublic Group of Companies
IPG
| $653K | ﹤0.01% |
+20,000
| New | +$602K |
|
1572
PUT
Xerox
XRX
$337M
| $643K | ﹤0.01% |
35,100
+9,400
| +37% | +$139K |
|
1573
St. Joe Company
JOE
$3.57B
| $642K | ﹤0.01% |
+10,661
| New | +$561K |
|
1574
CALL
Jefferies Financial Group
JEF
$12.9B
| $638K | ﹤0.01% |
+15,800
| New | +$559K |
|
1575
PUT
Nokia
NOK
$50.8B
| $636K | ﹤0.01% |
185,900
+41,300
| +29% | +$140K |
|
Similar funds
IMC Chicago's Q4 2023 Portfolio in Review
As of Q4 2023, IMC Chicago held 1,984 positions worth $149B, up 32% from $113B the previous quarter. Its ten largest holdings account for 58% of the portfolio.
IMC Chicago deployed $18.8B of net new capital in Q4 2023, opening 398 new positions and adding to 952 existing holdings. Its largest new stake was iShares Russell 2000 ETF: 847,801 shares worth $170M.
By sector, the portfolio is most concentrated in Technology at 0.17% of assets, down from 0.43% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was NVIDIA, an estimated $286M trimmed.
- IMC Chicago's largest Q4 2023 buy was iShares Russell 2000 ETF: 847,801 shares worth $170M.
- IMC Chicago added most to ProShares UltraPro S&P 500 in Q4 2023, an estimated $387M increase.
- IMC Chicago's biggest Q4 2023 reduction was NVIDIA, cutting an estimated $286M.
- IMC Chicago fully exited Invesco QQQ Trust in Q4 2023, selling an estimated $49.4M.
- IMC Chicago's ten largest holdings make up 58% of its $149B portfolio in Q4 2023.
- IMC Chicago opened 398 new positions and closed 192 in Q4 2023.
- IMC Chicago's portfolio value rose 32% quarter-over-quarter to $149B.
Based on IMC Chicago's 13F filing for Q4 2023, filed 9 Feb 2024.