Filed: 8/4/2025ACC: 0000052024-25-000003
📋 What this filing means
INVESTMENT MANAGEMENT ASSOCIATES INC /ADV filed this quarterly 13F‑HR report disclosing 29 equity positions with a total reported market value of $298.80M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
29
Positions
$298.80M
Total AUM (reported)
7.43M
Total Shares
Allocation by class
COM$166.16M55.6%
SPONSORED ADR$27.72M9.3%
COM SER C$22.91M7.7%
COM UNIT$20.64M6.9%
COM SHS$17.81M6.0%
CL A$17.15M5.7%
NY REGIS SHS NEW$12.12M4.1%
Portfolio Concentration
Top 3$97.68M32.7%
4–10$127.75M42.8%
11–25$72.45M24.2%
Rest$913.4K0.3%
Top 3 weight
32.7%
Top 10 weight
75.4%
Voting Authority Distribution
Total shares with voting rights: 7.43M
Sole
Full voting authority
19.03K
shares
% of voting shares0.3%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
7.41M
shares
% of voting shares99.7%
Investment Discretion (by position count)
Sole29
Shared0
Other0
Dominant voting typeNone · 99.7% of voting shares
Institutional Holdings29
Rows:
UBER TECHNOLOGIES INC
SOLEShares447.83K
TypeSH
Market value$41.78M
13.98%
Sole
1.27K
Shared
0.00
None
446.55K
HUNTINGTON INGALLS INDS INC
SOLEShares116.69K
TypeSH
Market value$28.17M
9.43%
Sole
345.00
Shared
0.00
None
116.34K
BRITISH AMERN TOB PLC
SOLEShares585.78K
TypeSH
Market value$27.72M
9.28%
Sole
1.64K
Shared
0.00
None
584.14K
LIBERTY BROADBAND CORP
SOLEShares232.83K
TypeSH
Market value$22.91M
7.67%
Sole
460.00
Shared
0.00
None
232.37K
PHILIP MORRIS INTL INC
SOLEShares123.98K
TypeSH
Market value$22.58M
7.56%
Sole
348.00
Shared
0.00
None
123.63K
BLACK STONE MINERALS L P
SOLEShares1.58M
TypeSH
Market value$20.64M
6.91%
Sole
4.60K
Shared
0.00
None
1.57M
SOLVENTUM CORP
SOLEShares234.83K
TypeSH
Market value$17.81M
5.96%
Sole
671.00
Shared
0.00
None
234.16K
ENTERPRISE PRODS PARTNERS L
SOLEShares534.40K
TypeSH
Market value$16.57M
5.55%
Sole
1.75K
Shared
0.00
None
532.66K
TRIUMPH FINANCIAL INC
SOLEShares247.58K
TypeSH
Market value$13.64M
4.57%
Sole
733.00
Shared
0.00
None
246.85K
MCKESSON CORP
SOLEShares18.56K
TypeSH
Market value$13.60M
4.55%
Sole
64.00
Shared
0.00
None
18.50K
KONINKLIJKE PHILIPS N V
SOLEShares505.51K
TypeSH
Market value$12.12M
4.06%
Sole
1.64K
Shared
0.00
None
503.87K
COMCAST CORP NEW
SOLEShares311.41K
TypeSH
Market value$11.11M
3.72%
Sole
416.00
Shared
0.00
None
311K
CANADIAN NAT RES LTD
SOLEShares331.13K
TypeSH
Market value$10.40M
3.48%
Sole
445.00
Shared
0.00
None
330.68K
INNOVEX INTERNATIONAL INC
SOLEShares640.63K
TypeSH
Market value$10.01M
3.35%
Sole
2.08K
Shared
0.00
None
638.54K
INTERNATIONAL MNY EXPRESS IN
SOLEShares782.03K
TypeSH
Market value$7.89M
2.64%
Sole
2.06K
Shared
0.00
None
779.97K
CACI INTL INC
SOLEShares12.65K
TypeSH
Market value$6.03M
2.02%
Sole
32.00
Shared
0.00
None
12.62K
BERKSHIRE HATHAWAY INC DEL
SOLEShares10.19K
TypeSH
Market value$4.95M
1.66%
Sole
0.00
Shared
0.00
None
10.19K
ISHARES TR
SOLEShares33.19K
TypeSH
Market value$3.47M
1.16%
Sole
0.00
Shared
0.00
None
33.19K
ISHARES TR
SOLEShares21.87K
TypeSH
Market value$2.42M
0.81%
Sole
0.00
Shared
0.00
None
21.87K
SPDR GOLD TR
SOLEShares65.10K
TypeSH
Market value$841.4K
0.28%
Sole
200.00
Shared
0.00
None
64.90K
SPROTT INC
SOLEShares11.13K
TypeSH
Market value$768.9K
0.26%
Sole
0.00
Shared
0.00
None
11.13K
CARDINAL HEALTH INC
SOLEShares4.36K
TypeSH
Market value$732.0K
0.24%
Sole
0.00
Shared
0.00
None
4.36K
ISHARES TR
SOLEShares459.70K
TypeSH
Market value$723.2K
0.24%
Sole
0.00
Shared
0.00
None
459.70K
SPDR S&P 500 ETF TR
SOLEShares65.10K
TypeSH
Market value$533.8K
0.18%
Sole
200.00
Shared
0.00
None
64.90K
VANGUARD INDEX FDS
SOLEShares813.00
TypeSH
Market value$461.9K
0.15%
Sole
0.00
Shared
0.00
None
813.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
UBER TECHNOLOGIES INCSOLE | COM | 447.83K | SH | $41.78M 13.98% | 1.27K | 0.00 | 446.55K |
HUNTINGTON INGALLS INDS INCSOLE | COM | 116.69K | SH | $28.17M 9.43% | 345.00 | 0.00 | 116.34K |
BRITISH AMERN TOB PLCSOLE | SPONSORED ADR | 585.78K | SH | $27.72M 9.28% | 1.64K | 0.00 | 584.14K |
LIBERTY BROADBAND CORPSOLE | COM SER C | 232.83K | SH | $22.91M 7.67% | 460.00 | 0.00 | 232.37K |
PHILIP MORRIS INTL INCSOLE | COM | 123.98K | SH | $22.58M 7.56% | 348.00 | 0.00 | 123.63K |
BLACK STONE MINERALS L PSOLE | COM UNIT | 1.58M | SH | $20.64M 6.91% | 4.60K | 0.00 | 1.57M |
SOLVENTUM CORPSOLE | COM SHS | 234.83K | SH | $17.81M 5.96% | 671.00 | 0.00 | 234.16K |
ENTERPRISE PRODS PARTNERS LSOLE | COM | 534.40K | SH | $16.57M 5.55% | 1.75K | 0.00 | 532.66K |
TRIUMPH FINANCIAL INCSOLE | COM | 247.58K | SH | $13.64M 4.57% | 733.00 | 0.00 | 246.85K |
MCKESSON CORPSOLE | COM | 18.56K | SH | $13.60M 4.55% | 64.00 | 0.00 | 18.50K |
KONINKLIJKE PHILIPS N VSOLE | NY REGIS SHS NEW | 505.51K | SH | $12.12M 4.06% | 1.64K | 0.00 | 503.87K |
COMCAST CORP NEWSOLE | CL A | 311.41K | SH | $11.11M 3.72% | 416.00 | 0.00 | 311K |
CANADIAN NAT RES LTDSOLE | COM | 331.13K | SH | $10.40M 3.48% | 445.00 | 0.00 | 330.68K |
INNOVEX INTERNATIONAL INCSOLE | COM | 640.63K | SH | $10.01M 3.35% | 2.08K | 0.00 | 638.54K |
INTERNATIONAL MNY EXPRESS INSOLE | COM | 782.03K | SH | $7.89M 2.64% | 2.06K | 0.00 | 779.97K |
CACI INTL INCSOLE | CL A | 12.65K | SH | $6.03M 2.02% | 32.00 | 0.00 | 12.62K |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 10.19K | SH | $4.95M 1.66% | 0.00 | 0.00 | 10.19K |
ISHARES TRSOLE | NATIONAL MUN ETF | 33.19K | SH | $3.47M 1.16% | 0.00 | 0.00 | 33.19K |
ISHARES TRSOLE | SHORT TREAS BD | 21.87K | SH | $2.42M 0.81% | 0.00 | 0.00 | 21.87K |
SPDR GOLD TRSOLE | GOLD SHS | 65.10K | SH | $841.4K 0.28% | 200.00 | 0.00 | 64.90K |
SPROTT INCSOLE | COM NEW | 11.13K | SH | $768.9K 0.26% | 0.00 | 0.00 | 11.13K |
CARDINAL HEALTH INCSOLE | COM | 4.36K | SH | $732.0K 0.24% | 0.00 | 0.00 | 4.36K |
ISHARES TRSOLE | 20 YR TR BD ETF | 459.70K | SH | $723.2K 0.24% | 0.00 | 0.00 | 459.70K |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 65.10K | SH | $533.8K 0.18% | 200.00 | 0.00 | 64.90K |
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 813.00 | SH | $461.9K 0.15% | 0.00 | 0.00 | 813.00 |
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