Filed: 4/30/2025ACC: 0000052024-25-000002
📋 What this filing means
INVESTMENT MANAGEMENT ASSOCIATES INC /ADV filed this quarterly 13F‑HR report disclosing 23 equity positions with a total reported market value of $244.44M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
23
Positions
$244.44M
Total AUM (reported)
8.17M
Total Shares
Allocation by class
COM$144.39M59.1%
SPONSORED ADR$24.45M10.0%
COM UNIT$23.44M9.6%
COM SER C$19.23M7.9%
CL A$10.10M4.1%
COM SHS$8.51M3.5%
CL B NEW$6.22M2.5%
Portfolio Concentration
Top 3$78.51M32.1%
4–10$117.44M48.0%
11–25$48.49M19.8%
Top 3 weight
32.1%
Top 10 weight
80.2%
Voting Authority Distribution
Total shares with voting rights: 8.17M
Sole
Full voting authority
16.86K
shares
% of voting shares0.2%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
8.16M
shares
% of voting shares99.8%
Investment Discretion (by position count)
Sole23
Shared0
Other0
Dominant voting typeNone · 99.8% of voting shares
Institutional Holdings23
Rows:
UBER TECHNOLOGIES INC
SOLEShares420.26K
TypeSH
Market value$30.62M
12.53%
Sole
1.27K
Shared
0.00
None
418.99K
BRITISH AMERN TOB PLC
SOLEShares590.93K
TypeSH
Market value$24.45M
10.00%
Sole
1.64K
Shared
0.00
None
589.30K
BLACK STONE MINERALS L P
SOLEShares1.54M
TypeSH
Market value$23.44M
9.59%
Sole
3.68K
Shared
0.00
None
1.53M
HUNTINGTON INGALLS INDS INC
SOLEShares113.15K
TypeSH
Market value$23.09M
9.44%
Sole
263.00
Shared
0.00
None
112.89K
PHILIP MORRIS INTL INC
SOLEShares124.47K
TypeSH
Market value$19.76M
8.08%
Sole
348.00
Shared
0.00
None
124.12K
LIBERTY BROADBAND CORP
SOLEShares226.07K
TypeSH
Market value$19.23M
7.87%
Sole
310.00
Shared
0.00
None
225.76K
ENTERPRISE PRODS PARTNERS L
SOLEShares530.11K
TypeSH
Market value$18.10M
7.40%
Sole
1.75K
Shared
0.00
None
528.36K
MCKESSON CORP
SOLEShares24.88K
TypeSH
Market value$16.74M
6.85%
Sole
85.00
Shared
0.00
None
24.79K
INTERNATIONAL MNY EXPRESS IN
SOLEShares826.72K
TypeSH
Market value$10.43M
4.27%
Sole
2.06K
Shared
0.00
None
824.66K
COMCAST CORP NEW
SOLEShares273.75K
TypeSH
Market value$10.10M
4.13%
Sole
0.00
Shared
0.00
None
273.75K
CANADIAN NAT RES LTD
SOLEShares324.11K
TypeSH
Market value$9.98M
4.08%
Sole
323.00
Shared
0.00
None
323.78K
SOLVENTUM CORP
SOLEShares111.87K
TypeSH
Market value$8.51M
3.48%
Sole
0.00
Shared
0.00
None
111.87K
INNOVEX INTERNATIONAL INC
SOLEShares386.27K
TypeSH
Market value$6.94M
2.84%
Sole
884.00
Shared
0.00
None
385.38K
TRIUMPH FINANCIAL INC
SOLEShares115.90K
TypeSH
Market value$6.70M
2.74%
Sole
311.00
Shared
0.00
None
115.59K
BERKSHIRE HATHAWAY INC DEL
SOLEShares11.67K
TypeSH
Market value$6.22M
2.54%
Sole
0.00
Shared
0.00
None
11.67K
ISHARES TR
SOLEShares37.26K
TypeSH
Market value$4.12M
1.68%
Sole
0.00
Shared
0.00
None
37.26K
ISHARES TR
SOLEShares33.19K
TypeSH
Market value$3.50M
1.43%
Sole
0.00
Shared
0.00
None
33.19K
CARDINAL HEALTH INC
SOLEShares7.40K
TypeSH
Market value$1.02M
0.42%
Sole
0.00
Shared
0.00
None
7.40K
QVC GROUP INC
SOLEShares2.48M
TypeSH
Market value$498.0K
0.20%
Sole
3.94K
Shared
0.00
None
2.47M
THERMO FISHER SCIENTIFIC INC
SOLEShares563.00
TypeSH
Market value$280.1K
0.11%
Sole
0.00
Shared
0.00
None
563.00
APPLE INC
SOLEShares1.24K
TypeSH
Market value$274.3K
0.11%
Sole
0.00
Shared
0.00
None
1.24K
COSTCO WHSL CORP NEW
SOLEShares250.00
TypeSH
Market value$236.4K
0.10%
Sole
0.00
Shared
0.00
None
250.00
NVIDIA CORPORATION
SOLEShares2.03K
TypeSH
Market value$220.0K
0.09%
Sole
0.00
Shared
0.00
None
2.03K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
UBER TECHNOLOGIES INCSOLE | COM | 420.26K | SH | $30.62M 12.53% | 1.27K | 0.00 | 418.99K |
BRITISH AMERN TOB PLCSOLE | SPONSORED ADR | 590.93K | SH | $24.45M 10.00% | 1.64K | 0.00 | 589.30K |
BLACK STONE MINERALS L PSOLE | COM UNIT | 1.54M | SH | $23.44M 9.59% | 3.68K | 0.00 | 1.53M |
HUNTINGTON INGALLS INDS INCSOLE | COM | 113.15K | SH | $23.09M 9.44% | 263.00 | 0.00 | 112.89K |
PHILIP MORRIS INTL INCSOLE | COM | 124.47K | SH | $19.76M 8.08% | 348.00 | 0.00 | 124.12K |
LIBERTY BROADBAND CORPSOLE | COM SER C | 226.07K | SH | $19.23M 7.87% | 310.00 | 0.00 | 225.76K |
ENTERPRISE PRODS PARTNERS LSOLE | COM | 530.11K | SH | $18.10M 7.40% | 1.75K | 0.00 | 528.36K |
MCKESSON CORPSOLE | COM | 24.88K | SH | $16.74M 6.85% | 85.00 | 0.00 | 24.79K |
INTERNATIONAL MNY EXPRESS INSOLE | COM | 826.72K | SH | $10.43M 4.27% | 2.06K | 0.00 | 824.66K |
COMCAST CORP NEWSOLE | CL A | 273.75K | SH | $10.10M 4.13% | 0.00 | 0.00 | 273.75K |
CANADIAN NAT RES LTDSOLE | COM | 324.11K | SH | $9.98M 4.08% | 323.00 | 0.00 | 323.78K |
SOLVENTUM CORPSOLE | COM SHS | 111.87K | SH | $8.51M 3.48% | 0.00 | 0.00 | 111.87K |
INNOVEX INTERNATIONAL INCSOLE | COM | 386.27K | SH | $6.94M 2.84% | 884.00 | 0.00 | 385.38K |
TRIUMPH FINANCIAL INCSOLE | COM | 115.90K | SH | $6.70M 2.74% | 311.00 | 0.00 | 115.59K |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 11.67K | SH | $6.22M 2.54% | 0.00 | 0.00 | 11.67K |
ISHARES TRSOLE | SHORT TREAS BD | 37.26K | SH | $4.12M 1.68% | 0.00 | 0.00 | 37.26K |
ISHARES TRSOLE | NATIONAL MUN ETF | 33.19K | SH | $3.50M 1.43% | 0.00 | 0.00 | 33.19K |
CARDINAL HEALTH INCSOLE | COM | 7.40K | SH | $1.02M 0.42% | 0.00 | 0.00 | 7.40K |
QVC GROUP INCSOLE | COM SER A | 2.48M | SH | $498.0K 0.20% | 3.94K | 0.00 | 2.47M |
THERMO FISHER SCIENTIFIC INCSOLE | COM | 563.00 | SH | $280.1K 0.11% | 0.00 | 0.00 | 563.00 |
APPLE INCSOLE | COM | 1.24K | SH | $274.3K 0.11% | 0.00 | 0.00 | 1.24K |
COSTCO WHSL CORP NEWSOLE | COM | 250.00 | SH | $236.4K 0.10% | 0.00 | 0.00 | 250.00 |
NVIDIA CORPORATIONSOLE | COM | 2.03K | SH | $220.0K 0.09% | 0.00 | 0.00 | 2.03K |