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 |
Invesco QQQ Trust
QQQ
|
+$203M |
| 2 |
JD.com
JD
|
+$105M |
| 3 |
Boeing
BA
|
+$105M |
| 4 |
Applovin
APP
|
+$93.6M |
| 5 |
Netflix
NFLX
|
+$81.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$167M |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$146M |
| 3 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$135M |
| 4 |
Pinduoduo
PDD
|
+$128M |
| 5 |
Palantir
PLTR
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 0.39% |
| 2 | Technology | 0.33% |
| 3 | Communication Services | 0.22% |
| 4 | Industrials | 0.16% |
| 5 | Financials | 0.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
PUT
Nike
NKE
$62.5B
| $142M | 0.05% |
2,038,400
-561,500
| -22% | -$41.8M |
|
202
PUT
Walt Disney
DIS
$178B
| $141M | 0.05% |
1,234,300
-183,800
| -13% | -$21.6M |
|
203
CALL
Vertiv
VRT
$104B
| $139M | 0.05% |
924,500
-175,700
| -16% | -$23.4M |
|
204
CALL
Trade Desk
TTD
$6.29B
| $138M | 0.05% |
2,805,700
+1,630,700
| +139% | +$103M |
|
205
CALL
Newmont
NEM
$124B
| $137M | 0.05% |
1,629,500
+361,500
| +29% | +$25.2M |
|
206
CALL
Astera Labs
ALAB
$55B
| $137M | 0.05% |
700,500
+229,200
| +49% | +$37.7M |
|
|
207
CALL
JD.com
JD
$45.2B
| $137M | 0.05% |
3,917,600
+2,457,300
| +168% | +$80M |
|
208
PUT
iShares Morningstar Value ETF
ILCV
$1.36B
| $136M | 0.05% |
1,671,600
-1,109,900
| -40% | -$96M |
|
209
CALL
Johnson & Johnson
JNJ
$631B
| $136M | 0.05% |
735,300
-53,800
| -7% | -$9.22M |
|
|
AXON
210
PUT
Axon Enterprise
AXON
$48.4B
| $136M | 0.05% |
189,300
+52,200
| +38% | +$39.6M |
|
211
CALL
Unity
U
$19B
| $135M | 0.05% |
3,376,700
+389,400
| +13% | +$14.4M |
|
|
XYZ
212
CALL
Block Inc
XYZ
$47.5B
| $135M | 0.05% |
1,870,000
-63,900
| -3% | -$4.78M |
|
213
CALL
United Airlines
UAL
$40.2B
| $135M | 0.05% |
1,398,000
+82,500
| +6% | +$7.93M |
|
214
CALL
United Parcel Service
UPS
$89.1B
| $134M | 0.05% |
1,609,300
+453,500
| +39% | +$41.1M |
|
215
PUT
Vanguard S&P 500 ETF
VOO
$1.03T
| $134M | 0.05% |
319,600
+34,600
| +12% | +$20.4M |
|
216
CALL
Bloom Energy
BE
$62B
| $134M | 0.05% |
1,582,300
+934,300
| +144% | +$43.4M |
|
217
CALL
Zscaler
ZS
$28.6B
| $133M | 0.05% |
442,900
+60,100
| +16% | +$17.1M |
|
218
CALL
Cloudflare
NET
$111B
| $132M | 0.05% |
617,400
+162,000
| +36% | +$33.1M |
|
219
PUT
Texas Roadhouse
TXRH
$13.6B
| $132M | 0.05% |
794,100
+771,200
| +3,368% | +$136M |
|
220
CALL
GE Aerospace
GE
$380B
| $132M | 0.05% |
437,700
-331,100
| -43% | -$90.5M |
|
221
PUT
Morgan Stanley
MS
$338B
| $130M | 0.05% |
814,700
-30,000
| -4% | -$4.43M |
|
222
CALL
Starbucks
SBUX
$119B
| $129M | 0.05% |
1,522,700
-92,600
| -6% | -$8.29M |
|
|
XYZ
223
PUT
Block Inc
XYZ
$47.5B
| $128M | 0.05% |
1,765,700
+272,400
| +18% | +$20.4M |
|
224
PUT
Constellation Brands
STZ
$22.8B
| $127M | 0.05% |
945,600
+726,700
| +332% | +$116M |
|
225
CALL
Upstart Holdings
UPST
$2.94B
| $127M | 0.05% |
2,496,100
+1,185,100
| +90% | +$83.4M |
|
Similar funds
IMC Chicago's Q3 2025 Portfolio in Review
As of Q3 2025, IMC Chicago held 4,045 positions worth $275B, up 22% from $225B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
IMC Chicago deployed $23.7B of net new capital in Q3 2025, opening 783 new positions and adding to 1,843 existing holdings. Its largest new stake was Netflix: 666,120 shares worth $79.9M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 0.39% of assets, up from 0.25% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was State Street SPDR Dow Jones Industrial Average ETF Trust, an estimated $135M trimmed.
- IMC Chicago's largest Q3 2025 buy was Netflix: 666,120 shares worth $79.9M.
- IMC Chicago added most to Invesco QQQ Trust in Q3 2025, an estimated $203M increase.
- IMC Chicago's biggest Q3 2025 reduction was State Street SPDR Dow Jones Industrial Average ETF Trust, cutting an estimated $135M.
- IMC Chicago fully exited Apple in Q3 2025, selling an estimated $167M.
- IMC Chicago's ten largest holdings make up 38% of its $275B portfolio in Q3 2025.
- IMC Chicago opened 783 new positions and closed 492 in Q3 2025.
- IMC Chicago's portfolio value rose 22% quarter-over-quarter to $275B.
Based on IMC Chicago's 13F filing for Q3 2025, filed 4 Nov 2025.