Filed: 8/3/2026ACC: 0000052024-26-000004
📋 What this filing means
INVESTMENT MANAGEMENT ASSOCIATES INC /ADV filed this quarterly 13F‑HR report disclosing 30 equity positions with a total reported market value of $487.39M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
30
Positions
$487.39M
Total AUM (reported)
10.69M
Total Shares
Allocation by class
COM$246.62M50.6%
20 YR TR BD ETF$38.30M7.9%
UNIT SER 1$33.80M6.9%
COM UNIT$25.82M5.3%
NY REGIS SHS NEW$23.37M4.8%
ISHARES SEMICDTR$21.59M4.4%
SPDR GLD MINIS$19.52M4.0%
Portfolio Concentration
Top 3$126.02M25.9%
4–10$184.43M37.8%
11–25$175.49M36.0%
Rest$1.45M0.3%
Top 3 weight
25.9%
Top 10 weight
63.7%
Voting Authority Distribution
Total shares with voting rights: 10.69M
Sole
Full voting authority
40.38K
shares
% of voting shares0.4%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
10.65M
shares
% of voting shares99.6%
Investment Discretion (by position count)
Sole30
Shared0
Other0
Dominant voting typeNone · 99.6% of voting shares
Institutional Holdings30
Rows:
MOLINA HEALTHCARE INC
SOLEShares230.26K
TypeSH
Market value$52.66M
10.80%
Sole
853.00
Shared
0.00
None
229.41K
ISHARES TR
SOLEShares443.20K
TypeSH
Market value$38.30M
7.86%
Sole
0.00
Shared
0.00
None
443.20K
UBER TECHNOLOGIES INC
SOLEShares485.81K
TypeSH
Market value$35.06M
7.19%
Sole
1.72K
Shared
0.00
None
484.09K
INVESCO QQQ TR
SOLEShares45.90K
TypeSH
Market value$33.80M
6.94%
Sole
100.00
Shared
0.00
None
45.80K
HUNTINGTON INGALLS INDS INC
SOLEShares114.78K
TypeSH
Market value$32.13M
6.59%
Sole
387.00
Shared
0.00
None
114.39K
TRIUMPH FINANCIAL INC
SOLEShares353.85K
TypeSH
Market value$27.00M
5.54%
Sole
1.30K
Shared
0.00
None
352.55K
BLACK STONE MINERALS L P
SOLEShares1.85M
TypeSH
Market value$25.82M
5.30%
Sole
5.63K
Shared
0.00
None
1.84M
KONINKLIJKE PHILIPS N V
SOLEShares859.38K
TypeSH
Market value$23.37M
4.79%
Sole
3.06K
Shared
0.00
None
856.32K
ISHARES TR
SOLEShares33.70K
TypeSH
Market value$21.59M
4.43%
Sole
100.00
Shared
0.00
None
33.60K
PHILIP MORRIS INTL INC
SOLEShares114.57K
TypeSH
Market value$20.73M
4.25%
Sole
348.00
Shared
0.00
None
114.22K
WORLD GOLD TR
SOLEShares245.80K
TypeSH
Market value$19.52M
4.01%
Sole
903.00
Shared
0.00
None
244.89K
ENTERPRISE PRODS PARTNERS L
SOLEShares524.94K
TypeSH
Market value$19.30M
3.96%
Sole
1.75K
Shared
0.00
None
523.20K
BAXTER INTL INC
SOLEShares900.84K
TypeSH
Market value$19.21M
3.94%
Sole
3.83K
Shared
0.00
None
897.01K
BRITISH AMERN TOB PLC
SOLEShares272.46K
TypeSH
Market value$16.83M
3.45%
Sole
838.00
Shared
0.00
None
271.62K
NU HLDGS LTD
SOLEShares1.26M
TypeSH
Market value$16.78M
3.44%
Sole
5.05K
Shared
0.00
None
1.25M
LIBERTY BROADBAND CORP
SOLEShares476.31K
TypeSH
Market value$15.84M
3.25%
Sole
1.65K
Shared
0.00
None
474.67K
INNOVEX INTERNATIONAL INC
SOLEShares605.04K
TypeSH
Market value$15.01M
3.08%
Sole
2.08K
Shared
0.00
None
602.96K
CANADIAN NAT RES LTD MED TER
SOLEShares350K
TypeSH
Market value$13.82M
2.84%
Sole
745.00
Shared
0.00
None
349.25K
WISE GROUP PLC
SOLEShares975.58K
TypeSH
Market value$11.62M
2.38%
Sole
5.95K
Shared
0.00
None
969.63K
SOLVENTUM CORP
SOLEShares105.42K
TypeSH
Market value$8.13M
1.67%
Sole
852.00
Shared
0.00
None
104.56K
MCKESSON CORP
SOLEShares10.70K
TypeSH
Market value$8.08M
1.66%
Sole
37.00
Shared
0.00
None
10.66K
ISHARES TR
SOLEShares40.87K
TypeSH
Market value$4.51M
0.93%
Sole
0.00
Shared
0.00
None
40.87K
CACI INTL INC
SOLEShares7.41K
TypeSH
Market value$3.43M
0.70%
Sole
32.00
Shared
0.00
None
7.37K
ARS PHARMACEUTICALS INC
SOLEShares373.49K
TypeSH
Market value$2.99M
0.61%
Sole
1.48K
Shared
0.00
None
372.01K
BERKSHIRE HATHAWAY INC DEL
SOLEShares832.00
TypeSH
Market value$416.3K
0.09%
Sole
702.00
Shared
0.00
None
130.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MOLINA HEALTHCARE INCSOLE | COM | 230.26K | SH | $52.66M 10.80% | 853.00 | 0.00 | 229.41K |
ISHARES TRSOLE | 20 YR TR BD ETF | 443.20K | SH | $38.30M 7.86% | 0.00 | 0.00 | 443.20K |
UBER TECHNOLOGIES INCSOLE | COM | 485.81K | SH | $35.06M 7.19% | 1.72K | 0.00 | 484.09K |
INVESCO QQQ TRSOLE | UNIT SER 1 | 45.90K | SH | $33.80M 6.94% | 100.00 | 0.00 | 45.80K |
HUNTINGTON INGALLS INDS INCSOLE | COM | 114.78K | SH | $32.13M 6.59% | 387.00 | 0.00 | 114.39K |
TRIUMPH FINANCIAL INCSOLE | COM | 353.85K | SH | $27.00M 5.54% | 1.30K | 0.00 | 352.55K |
BLACK STONE MINERALS L PSOLE | COM UNIT | 1.85M | SH | $25.82M 5.30% | 5.63K | 0.00 | 1.84M |
KONINKLIJKE PHILIPS N VSOLE | NY REGIS SHS NEW | 859.38K | SH | $23.37M 4.79% | 3.06K | 0.00 | 856.32K |
ISHARES TRSOLE | ISHARES SEMICDTR | 33.70K | SH | $21.59M 4.43% | 100.00 | 0.00 | 33.60K |
PHILIP MORRIS INTL INCSOLE | COM | 114.57K | SH | $20.73M 4.25% | 348.00 | 0.00 | 114.22K |
WORLD GOLD TRSOLE | SPDR GLD MINIS | 245.80K | SH | $19.52M 4.01% | 903.00 | 0.00 | 244.89K |
ENTERPRISE PRODS PARTNERS LSOLE | COM | 524.94K | SH | $19.30M 3.96% | 1.75K | 0.00 | 523.20K |
BAXTER INTL INCSOLE | COM | 900.84K | SH | $19.21M 3.94% | 3.83K | 0.00 | 897.01K |
BRITISH AMERN TOB PLCSOLE | SPONSORED ADR | 272.46K | SH | $16.83M 3.45% | 838.00 | 0.00 | 271.62K |
NU HLDGS LTDSOLE | ORD SHS CL A | 1.26M | SH | $16.78M 3.44% | 5.05K | 0.00 | 1.25M |
LIBERTY BROADBAND CORPSOLE | COM SER C | 476.31K | SH | $15.84M 3.25% | 1.65K | 0.00 | 474.67K |
INNOVEX INTERNATIONAL INCSOLE | COM | 605.04K | SH | $15.01M 3.08% | 2.08K | 0.00 | 602.96K |
CANADIAN NAT RES LTD MED TERSOLE | COM | 350K | SH | $13.82M 2.84% | 745.00 | 0.00 | 349.25K |
WISE GROUP PLCSOLE | ORD SHS CLASS A | 975.58K | SH | $11.62M 2.38% | 5.95K | 0.00 | 969.63K |
SOLVENTUM CORPSOLE | COM SHS | 105.42K | SH | $8.13M 1.67% | 852.00 | 0.00 | 104.56K |
MCKESSON CORPSOLE | COM | 10.70K | SH | $8.08M 1.66% | 37.00 | 0.00 | 10.66K |
ISHARES TRSOLE | TRUST ISHARE 0-1 | 40.87K | SH | $4.51M 0.93% | 0.00 | 0.00 | 40.87K |
CACI INTL INCSOLE | CL A | 7.41K | SH | $3.43M 0.70% | 32.00 | 0.00 | 7.37K |
ARS PHARMACEUTICALS INCSOLE | COM | 373.49K | SH | $2.99M 0.61% | 1.48K | 0.00 | 372.01K |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 832.00 | SH | $416.3K 0.09% | 702.00 | 0.00 | 130.00 |
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