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IMC-Chicago Raises Nio, XPeng Bets While Trimming US EV Exposure
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IMC-Chicago Raises Nio, XPeng Bets While Trimming US EV Exposure
IMC-Chicago more than doubled its equity stakes in Nio and XPeng during the second quarter of 2026, while cutting its Tesla position by 45% and fully exiting Rivian, its most recent 13F filing showed. The quarterly portfolio update, filed on August 6 with the Securities and Exchange Commission (SEC), shows the US subsidiary of Dutch market-making firm IMC Trading shifting exposure away from American automakers toward Chinese brands. IMC-Chicago’…
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