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 Bitcoin Trust
IBIT
|
+$232M |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$168M |
| 3 |
Apple
AAPL
|
+$149M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$136M |
| 5 |
UnitedHealth
UNH
|
+$110M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$153M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$127M |
| 3 |
Advanced Micro Devices
AMD
|
+$97.1M |
| 4 |
TSMC
TSM
|
+$65.3M |
| 5 |
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$57.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 0.32% |
| 2 | Consumer Discretionary | 0.25% |
| 3 | Healthcare | 0.13% |
| 4 | Communication Services | 0.1% |
| 5 | Financials | 0.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
CALL
Vertiv
VRT
$104B
| $141M | 0.06% |
1,100,200
+363,400
| +49% | +$35.3M |
|
177
PUT
GE Aerospace
GE
$380B
| $138M | 0.06% |
535,700
+259,500
| +94% | +$56.9M |
|
178
CALL
Marvell Technology
MRVL
$187B
| $137M | 0.06% |
1,766,800
+416,200
| +31% | +$26M |
|
|
179
PUT
Vertiv
VRT
$104B
| $137M | 0.06% |
1,063,100
+144,300
| +16% | +$14M |
|
|
180
PUT
State Street Financial Select Sector SPDR ETF
XLF
$59B
| $136M | 0.06% |
2,590,700
-477,000
| -16% | -$23.6M |
|
181
PUT
PayPal
PYPL
$50.5B
| $133M | 0.06% |
1,790,400
-125,800
| -7% | -$8.61M |
|
182
PUT
Applied Materials
AMAT
$415B
| $132M | 0.06% |
718,500
+155,600
| +28% | +$24.7M |
|
|
XYZ
183
CALL
Block Inc
XYZ
$47.5B
| $131M | 0.06% |
1,933,900
+25,200
| +1% | +$1.47M |
|
184
PUT
Walmart Inc
WMT
$897B
| $131M | 0.06% |
1,342,200
-496,300
| -27% | -$47.3M |
|
185
PUT
Dell
DELL
$296B
| $129M | 0.06% |
1,050,300
+226,700
| +28% | +$23.2M |
|
186
CALL
Arista Networks
ANET
$242B
| $128M | 0.06% |
1,253,600
-241,400
| -16% | -$20.9M |
|
187
CALL
Deere & Co
DE
$164B
| $128M | 0.06% |
252,200
+14,300
| +6% | +$7M |
|
188
CALL
Morgan Stanley
MS
$338B
| $127M | 0.06% |
903,600
+230,600
| +34% | +$28.3M |
|
189
PUT
ARK Innovation ETF
ARKK
$6.37B
| $124M | 0.05% |
1,757,200
+589,900
| +51% | +$32.5M |
|
190
PUT
Intel
INTC
$492B
| $123M | 0.05% |
5,511,400
-571,700
| -9% | -$11.8M |
|
191
PUT
Vanguard S&P 500 ETF
VOO
$1.03T
| $123M | 0.05% |
285,000
+42,200
| +17% | +$22.2M |
|
192
CALL
Royal Caribbean
RCL
$82.4B
| $123M | 0.05% |
392,100
+34,600
| +10% | +$8.24M |
|
193
CALL
Target
TGT
$69B
| $122M | 0.05% |
1,239,400
+73,700
| +6% | +$7.08M |
|
194
CALL
PepsiCo
PEP
$188B
| $122M | 0.05% |
922,300
+224,900
| +32% | +$30.3M |
|
195
CALL
Procter & Gamble
PG
$340B
| $121M | 0.05% |
759,100
+368,500
| +94% | +$60.1M |
|
196
CALL
Johnson & Johnson
JNJ
$631B
| $121M | 0.05% |
789,100
-125,700
| -14% | -$19.3M |
|
197
CALL
Zscaler
ZS
$28.6B
| $120M | 0.05% |
382,800
-139,800
| -27% | -$34.9M |
|
|
198
PUT
Morgan Stanley
MS
$338B
| $119M | 0.05% |
844,700
+22,400
| +3% | +$2.75M |
|
|
199
PUT
Johnson & Johnson
JNJ
$631B
| $119M | 0.05% |
777,300
+199,200
| +34% | +$30.6M |
|
200
PUT
Constellation Energy
CEG
$95.8B
| $118M | 0.05% |
365,800
+80,300
| +28% | +$21.2M |
|
Similar funds
IMC Chicago's Q2 2025 Portfolio in Review
As of Q2 2025, IMC Chicago held 3,685 positions worth $225B, up 27% from $177B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
IMC Chicago deployed $13.1B of net new capital in Q2 2025, opening 615 new positions and adding to 1,602 existing holdings. Its largest new stake was iShares Bitcoin Trust: 4,132,010 shares worth $253M.
By sector, the portfolio is most concentrated in Technology at 0.32% of assets, up from 0.28% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $153M trimmed.
- IMC Chicago's largest Q2 2025 buy was iShares Bitcoin Trust: 4,132,010 shares worth $253M.
- IMC Chicago added most to Sprott Physical Gold in Q2 2025, an estimated $77.8M increase.
- IMC Chicago's biggest Q2 2025 reduction was Invesco QQQ Trust, cutting an estimated $153M.
- IMC Chicago fully exited Advanced Micro Devices in Q2 2025, selling an estimated $97.1M.
- IMC Chicago's ten largest holdings make up 42% of its $225B portfolio in Q2 2025.
- IMC Chicago opened 615 new positions and closed 423 in Q2 2025.
- IMC Chicago's portfolio value rose 27% quarter-over-quarter to $225B.
Based on IMC Chicago's 13F filing for Q2 2025, filed 22 Jul 2025.