IL
IMC-Chicago, LLC — Quarterly 13F Portfolio Report
IMC-Chicago, LLCDiversified strategySector-focusedMomentum follower
Total reported value
$278.4B
Reporting period: 2026-03-31 · Number of holdings: 6112
IMC-Chicago, LLC disclosed 6112 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $278.4B and a quarterly turnover rate of 34.3%.
Browse other institutions with over $100B AUMBrowse other institutions starting with "I"
Personality snowflake
- Concentration
- 9.28
- Portfolio Stability
- 34.26
- Momentum/Contrarian
- 72.32
- Sector conviction
- 73.74
- Diversification
- 100
- Sizing Uniformity
- 0
Recent moves
Add SPY
+39.5% $5.3B
Add 78462F953
+24.2% $4.3B
Add 46090E903
+76.3% $3.4B
Trim TSLA
-21.8% -$2.9B
Add 46090E953
+46.1% $2.8B
Trim NVDA
-22.7% -$2.5B
Holdings Map
New buyAddUnchangedTrim
Institutional Game-State Analysis
Core Intent
The desk actively accumulated SPY and unmapped baskets while trimming NVDA and TSLA, rotating capital into MSFT. With a 5,950-name basket and a concentration score of 9.28, this is a systematic execution play deploying massive index beta alongside a tactical tilt toward enterprise software.
Macro & Fundamentals
The allocation bets on sustained equity risk premium absorption within the IT sector and a capital rotation from hardware supply cycles into scalable software margins. Institutional flows are positioning for AI monetization rather than capex buildup. The opposing thesis is a liquidity trap in mega-cap tech; heavy volume exhaustion in crowded trades triggers a positioning squeeze across the entire 42% IT sleeve.
Blind Spots / Risks
Position-sizing discipline sits at zero, meaning risk allocation relies entirely on price-driven drift. When momentum breaks and mean reversion takes hold, the model will mechanically add to falling names in oversold pockets while ignoring fundamental deterioration, leaving the portfolio exposed to prolonged drawdowns during regime shifts where market breadth collapses.
This narrative is produced by AI from publicly available filings and describes past activity only — it is informational, not investment advice.
Top 10 holdings by weight
Full holdings list this quarter
Showing top 5950 holdings (of 6112 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | ✓ | Spdr S&p 500 ETF Tr | ETF-Large Cap & Growth | 10.01% | +1.47% | +24.16% | |
| 2 | SPY | State Street SPDR S&P 500 ETF Trust | ETF-Large Cap & Growth | 7.66% | +1.84% | +39.55% | |
| 3 | ✓ | Stock-Other | 3.71% | +0.97% | +46.09% | ||
| 4 | ✓ | Stock-Other | 3.09% | +1.20% | +76.27% | ||
| 5 | VOO | Vanguard S&P 500 ETF | ETF-Large Cap & Growth | 2.81% | -0.64% | -11.91% | |
| 6 | TSLA | Tesla, Inc. | Stock-Consumer Disc | 2.71% | -0.90% | -8.28% | |
| 7 | NVDA | NVIDIA Corporation | Stock-Tech | 2.38% | -0.96% | -22.75% | |
| 8 | MSFT | Microsoft Corporation | Stock-Tech | 1.98% | +0.89% | +141.10% | |
| 9 | TSLA | Tesla, Inc. | Stock-Consumer Disc | 1.93% | -1.09% | -21.78% | |
| 10 | META | Meta Platforms, Inc. | Stock-Comm Services | 1.51% | -0.31% | -2.79% | |
| 11 | AAPL | Apple Inc. | Stock-Tech | 1.22% | -0.47% | -22.10% | |
| 12 | ✓ | Ishares Tr | Stock-Other | 1.05% | -0.71% | -34.93% | |
| 13 | ✓ | Meta Platforms INC | Stock-Other | 0.98% | -0.22% | -4.46% | |
| 14 | MU | Micron Technology, Inc. | Stock-Tech | 0.93% | +0.58% | +125.33% | |
| 15 | ✓ | Amazon Com INC | Stock-Other | 0.90% | — | +21.14% | |
| 16 | GOOG | Alphabet Inc. | Stock-Comm Services | 0.89% | -0.28% | -16.46% | |
| 17 | MU | Micron Technology, Inc. | Stock-Tech | 0.87% | +0.36% | +48.28% | |
| 18 | NFLX | Netflix, Inc. | Stock-Comm Services | 0.74% | — | -10.93% | |
| 19 | GOOG | Alphabet Inc. | Stock-Comm Services | 0.71% | -0.21% | -15.07% | |
| 20 | MSFT | Microsoft Corporation | Stock-Tech | 0.70% | — | +19.08% | |
| 21 | AMD | Advanced Micro Devices, Inc. | Stock-Tech | 0.69% | — | +9.44% | |
| 22 | MCHX | Marchex, Inc. | Stock-Other | 0.68% | -0.48% | -35.86% | |
| 23 | AMD | Advanced Micro Devices, Inc. | Stock-Tech | 0.67% | -0.13% | -11.41% | |
| 24 | ✓ | Alphabet INC | Stock-Other | 0.64% | — | +6.13% | |
| 25 | AMZN | Amazon.com, Inc. | Stock-Consumer Disc | 0.61% | — | +3.98% | |
| 26 | AVGO | Broadcom Inc. | Stock-Tech | 0.60% | -0.20% | -14.98% | |
| 27 | GLD | SPDR Gold Shares | ETF-Commodities | 0.59% | — | -6.75% | |
| 28 | NFLX | Netflix, Inc. | Stock-Comm Services | 0.59% | — | -7.75% | |
| 29 | GS | The Goldman Sachs Group, Inc. | Stock-Financials | 0.58% | +0.10% | +28.71% | |
| 30 | AVGO | Broadcom Inc. | Stock-Tech | 0.58% | -0.45% | -36.15% | |
| 31 | UNH | UnitedHealth Group Incorporated | Stock-Healthcare | 0.53% | -0.15% | -5.09% | |
| 32 | ✓ | Ishares Tr | Stock-Other | 0.51% | — | +22.33% | |
| 33 | SNDK | Sandisk Corporation | Stock-Tech | 0.49% | +0.43% | +227.07% | |
| 34 | GS | The Goldman Sachs Group, Inc. | Stock-Financials | 0.48% | — | -4.28% | |
| 35 | GLD | SPDR Gold Shares | ETF-Commodities | 0.48% | — | -16.59% | |
| 36 | GOOG | Alphabet Inc. | Stock-Comm Services | 0.47% | — | -6.25% | |
| 37 | MSTR | Strategy Inc | Stock-Tech | 0.45% | -0.24% | -19.60% | |
| 38 | TSM | Taiwan Semiconductor Manufacturing Company Limited | Stock-Tech | 0.44% | — | -11.23% | |
| 39 | ✓ | Palantir Technologies INC | Stock-Other | 0.44% | -0.18% | -12.95% | |
| 40 | ASML | ASML Holding N.V. | Stock-Tech | 0.43% | +0.19% | +48.78% | |
| 41 | ✓ | Eli Lilly & Co | Stock-Other | 0.43% | — | +4.37% | |
| 42 | SNDK | Sandisk Corporation | Stock-Tech | 0.41% | +0.35% | +173.87% | |
| 43 | MSTR | Strategy Inc | Stock-Tech | 0.36% | -0.14% | -11.45% | |
| 44 | TSM | Taiwan Semiconductor Manufacturing Company Limited | Stock-Tech | 0.36% | — | +22.24% | |
| 45 | BABA | Alibaba Group Holding Limited | Stock-Consumer Disc | 0.35% | — | +4.26% | |
| 46 | SMHC | VanEck China Semiconductor ETF | ETF-Emerging Markets | 0.34% | — | +25.91% | |
| 47 | ✓ | Palantir Technologies INC | Stock-Other | 0.33% | -0.14% | -12.49% | |
| 48 | ✓ | Ishares Tr | Stock-Other | 0.32% | — | +14.16% | |
| 49 | ✓ | Costco Whsl CORP New | Stock-Other | 0.30% | — | -19.59% | |
| 50 | ORCL | Oracle Corporation | Stock-Tech | 0.29% | — | +7.45% |
1–50 of 5,950
Portfolio Performance
Performance for Q3 2026
+4.2%
Performance Last 4 Quarters
+20.8%
Based on 50% of reported portfolio value with available pricing
- Stdev
- +18.3%
- Beta
- +1.34
- Alpha
- -5.2%
- Max Drawdown
- -9%
- Annualized Perf
- +25.8%
- Batting Avg vs S&P
- +59.1%
- Sortino
- +3.34
- Stutzer
- +0.42
- Treynor
- +0.18
- Sterling
- +1.36
- Calmar
- +2.86
- Information Ratio
- +0.29
- Tracking Error
- +8.3%
- Stdev Down
- +7.4%
- Winning Months %
- +68.2%
- Losing Months %
- +31.8%
- Best 12 Months
- +41.4%
- Worst 12 Months
- +20.9%
- Efficiency Ratio
- +0.58
- Sharpe
- +1.35
- Stdev Sectors
- +11.9%
- Skewness
- +0.68
- Kurtosis
- +0.36
- Upside Potential
- +4.98
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2026-03-31 | 6112 | $278.4B | 34 | |
| 2025-12-31 | 4278 | $275.4B | 26 | |
| 2025-09-30 | 3755 | $275.0B | 45 | |
| 2025-06-30 | 3502 | $225.2B | 0 | |
| 2025-03-31 | 3270 | $176.7B | 100 | |
| 2024-12-31 | 3302 | $214.7B | 0 | |
| 2024-09-30 | 2933 | $183.8B | 0 | |
| 2024-06-30 | 2762 | $164.0B | 0 | |
| 2024-03-31 | 2498 | $162.8B | 0 | |
| 2023-12-31 | 1909 | $148.9B | 0 | |
| 2023-09-30 | 1690 | $112.9B | 0 | |
| 2023-06-30 | 1360 | $108.7B | 0 | |
| 2023-03-31 | 1358 | $85.3B | 0 | |
| 2022-12-31 | 1325 | $64.0B | 0 | |
| 2022-09-30 | 1240 | $77.8B | 0 | |
| 2022-06-30 | 1086 | $71.1B | 0 | |
| 2022-03-31 | 1102 | $101.1B | 0 | |
| 2021-12-31 | 1213 | $120.2B | 0 | |
| 2021-09-30 | 1181 | $95.0B | 0 | |
| 2021-06-30 | 1120 | $81.5B | 100 | |
| 2021-03-31 | 1045 | $68.9B | 31 | |
| 2020-12-31 | 1068 | $78.2B | 31 | |
| 2020-09-30 | 977 | $62.7B | 31 | |
| 2020-06-30 | 919 | $49.0B | 39 | |
| 2020-03-31 | 860 | $47.6B | 36 | |
| 2019-12-31 | 805 | $38.9B | 23 | |
| 2019-09-30 | 761 | $32.3B | 18 | |
| 2019-06-30 | 736 | $31.0B | 24 | |
| 2019-03-31 | 649 | $27.8B | 29 | |
| 2018-12-31 | 922 | $32.3B | — |
Holding changes this quarter
IMC-Chicago, LLC's most significant position changes for 2026-03-31: Sold out: Invesco Qqq Trust Series 1 (QQQ); Sold out: Ishares Russell 2000 ETF (IWM); New buy: Ss Spdr S&p 500 ETF Trust-us (SPY); Add: State Street SPDR S&P 500 ETF Trust (SPY) — shares +39.55%; Add: Spdr S&p 500 ETF Tr — shares +24.16%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | SPY | State Street SPDR S&P 500 ETF Trust | +1.8% | +39.55% | Add |
| 2 | ✓ | Spdr S&p 500 ETF Tr | +1.5% | +24.16% | Add |
| 3 | ✓ | +1.2% | +76.27% | Add | |
| 4 | ✓ | +1% | +46.09% | Add | |
| 5 | MSFT | Microsoft Corporation | +0.9% | +141.10% | Add |
| 6 | MU | Micron Technology, Inc. | +0.6% | +125.33% | Add |
| 7 | SNDK | Sandisk Corporation | +0.4% | +227.07% | Add |
| 8 | MU | Micron Technology, Inc. | +0.4% | +48.28% | Add |
| 9 | SNDK | Sandisk Corporation | +0.4% | +173.87% | Add |
| 10 | ASML | ASML Holding N.V. | +0.2% | +48.78% | Add |
| 11 | XOM | Exxon Mobil Corporation | +0.2% | +133.67% | Add |
| 12 | UPS | United Parcel Service, Inc. | +0.2% | +438.90% | Add |
| 13 | VRT | Vertiv Holdings Co | +0.2% | +114.81% | Add |
| 14 | ✓ | Lumentum Hldgs INC | +0.2% | +165.37% | Add |
| 15 | UPS | United Parcel Service, Inc. | +0.2% | +517.44% | Add |
| 16 | ✓ | Lumentum Hldgs INC | +0.1% | +124.51% | Add |
| 17 | TLT | iShares 20+ Year Treasury Bond ETF | +0.1% | +215.52% | Add |
| 18 | ETN | Eaton Corporation plc | +0.1% | +314.99% | Add |
| 19 | PSLV | Sprott Physical Silver Trust | +0.1% | +5217.02% | Add |
| 20 | GS | The Goldman Sachs Group, Inc. | +0.1% | +28.71% | Add |
| 21 | COIN | Coinbase Global, Inc. | -0.1% | -20.07% | Trim |
| 22 | ✓ | Carvana Co | -0.1% | -34.12% | Trim |
| 23 | COIN | Coinbase Global, Inc. | -0.1% | -7.13% | Trim |
| 24 | AMD | Advanced Micro Devices, Inc. | -0.1% | -11.41% | Trim |
| 25 | DKS | DICK'S Sporting Goods, Inc. | -0.1% | -44.88% | Trim |
| 26 | BABA | Alibaba Group Holding Limited | -0.1% | -33.93% | Trim |
| 27 | MSTR | Strategy Inc | -0.1% | -11.45% | Trim |
| 28 | ✓ | Palantir Technologies INC | -0.1% | -12.49% | Trim |
| 29 | UNH | UnitedHealth Group Incorporated | -0.2% | -5.09% | Trim |
| 30 | ✓ | Eli Lilly & Co | -0.2% | -22.64% | Trim |
| 31 | APP | AppLovin Corporation | -0.2% | -18.37% | Trim |
| 32 | UNH | UnitedHealth Group Incorporated | -0.2% | -24.53% | Trim |
| 33 | ✓ | Palantir Technologies INC | -0.2% | -12.95% | Trim |
| 34 | AVGO | Broadcom Inc. | -0.2% | -14.98% | Trim |
| 35 | GOOG | Alphabet Inc. | -0.2% | -15.07% | Trim |
| 36 | ✓ | Meta Platforms INC | -0.2% | -4.46% | Trim |
| 37 | MSTR | Strategy Inc | -0.2% | -19.60% | Trim |
| 38 | GOOG | Alphabet Inc. | -0.3% | -16.46% | Trim |
| 39 | META | Meta Platforms, Inc. | -0.3% | -2.79% | Trim |
| 40 | AVGO | Broadcom Inc. | -0.5% | -36.15% | Trim |
| 41 | AAPL | Apple Inc. | -0.5% | -22.10% | Trim |
| 42 | MCHX | Marchex, Inc. | -0.5% | -35.86% | Trim |
| 43 | VOO | Vanguard S&P 500 ETF | -0.6% | -11.91% | Trim |
| 44 | ✓ | Ishares Tr | -0.7% | -34.93% | Trim |
| 45 | TSLA | Tesla, Inc. | -0.9% | -8.28% | Trim |
| 46 | NVDA | NVIDIA Corporation | -1% | -22.75% | Trim |
| 47 | TSLA | Tesla, Inc. | -1.1% | -21.78% | Trim |
| 48 | QQQ | Invesco Qqq Trust Series 1 | — | EXIT | Sold out |
| 49 | IWM | Ishares Russell 2000 ETF | — | EXIT | Sold out |
| 50 | SPY | Ss Spdr S&p 500 ETF Trust-us | — | NEW | New buy |
FAQ
What is IMC-Chicago, LLC and what type of investor is it?
IMC-Chicago, LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $278.4B, spread across 6112 disclosed positions.
What are IMC-Chicago, LLC's largest equity positions?
Based on the latest 13F filing, IMC-Chicago, LLC's top holdings by market value are:
1. Spdr S&p 500 ETF Tr — $27.9B (10.0%)
2. State Street SPDR S&P 500 ETF Trust (SPY) — $21.3B (7.7%)
3. — $10.3B (3.7%)
4. — $8.6B (3.1%)
5. Vanguard S&P 500 ETF (VOO) — $7.8B (2.8%)
What changes did IMC-Chicago, LLC make in its most recent portfolio filing?
In the latest reported quarter, IMC-Chicago, LLC made 50 notable position adjustments: 1 new positions were initiated, 20 existing holdings were added to, 27 positions were partially reduced, and 2 were completely exited. The largest of these moves: Sold out: Invesco Qqq Trust Series 1 (QQQ); Sold out: Ishares Russell 2000 ETF (IWM); New buy: Ss Spdr S&p 500 ETF Trust-us (SPY); Add: State Street SPDR S&P 500 ETF Trust (SPY) — shares +39.55%; Add: Spdr S&p 500 ETF Tr — shares +24.16%
What sectors does IMC-Chicago, LLC focus on?
IMC-Chicago, LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 42.4%
• Consumer Discretionary: 18.5%
• Communication Services: 12.6%
• Financials: 8.4%
• Industrials: 7.8%
• Health Care: 4.3%
Peer Institutions
Institutions with a similar AUM
BO
Bank Of Montreal /can/
CIK 0000927971
Total reported value
$268.5B
13,875 stks
2026-03-31
Concentration4.8
Portfolio Stability27.1
Sector conviction46.3
AUM within 3.5% of this institution
View detail
OH
Optiver Holding B.V.
CIK 0001859606
Total reported value
$289.5B
2,361 stks
2026-03-31
Concentration34.5
Portfolio Stability22.6
Sector conviction98.2
AUM within 4.0% of this institution
View detail
Berkshire Hathaway Inc
CIK 0001067983
Total reported value
$263.1B
90 stks
2026-03-31
Concentration47.4
Portfolio Stability23.6
Sector conviction70.5
AUM within 5.5% of this institution
View detail
Similar Holdings Style
Institutions with overlapping top holdings
ST
Simplex Trading, LLC
CIK 0001488542
Total reported value
$149.1B
10,161 stks
2026-03-31
Concentration20.9
Portfolio Stability31.4
Sector conviction70.0
4 of the top 5 holdings overlap
View detail
AS
Akuna Securities LLC
CIK 0001529090
Total reported value
$44.1B
32 stks
2026-03-31
Concentration91.6
Portfolio Stability52.7
Sector conviction100.0
4 of the top 5 holdings overlap
View detail
OH
Optiver Holding B.V.
CIK 0001859606
Total reported value
$289.5B
2,361 stks
2026-03-31
Concentration34.5
Portfolio Stability22.6
Sector conviction98.2
4 of the top 5 holdings overlap
View detail