INVESTMENT MANAGEMENT ASSOCIATES INC /ADV Long-Term Concentrated

Location: Greenwood Village, CO

CIK: 0000052024 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 1, 2023

Total Value: $240M (100.0% shares, 0.0% debt)

Holdings (33)

UBER UBER TECHNOLOGIES INC 9.3%

Value $22.25M Shares 483,698 Est. Cost $36.93 Unrealized +23.7%

MCK MCKESSON CORP 9.1%

Value $21.82M Shares 50,171 Est. Cost $174.69 Unrealized +138.5%

BSM BLACK STONE MINERALS L P 7.4%

Value $17.79M Shares 1,032,414 Est. Cost $13.26 Unrealized —

VGIT VANGUARD SCOTTSDALE FDS 7.1%

Value $16.92M Shares 296,031 Est. Cost $57.15 Unrealized —

HII HUNTINGTON INGALLS INDS INC 6.9%

Value $16.47M Shares 80,489 Est. Cost $182.16 Unrealized +14.9%

DXC DXC TECHNOLOGY CO 5.9%

Value $14.16M Shares 679,760 Est. Cost $24.62 Unrealized -6.8%

EPD ENTERPRISE PRODS PARTNERS L 5.8%

Value $13.83M Shares 505,457 Est. Cost $22.24 Unrealized —

IMXI INTERNATIONAL MNY EXPRESS IN 5.4%

Value $12.98M Shares 766,399 Est. Cost $18.78 Unrealized +7.1%

BTI BRITISH AMERN TOB PLC 5.4%

Value $12.91M Shares 411,120 Est. Cost $37.71 Unrealized —

CMCSA COMCAST CORP NEW 4.1%

Value $9.731M Shares 219,469 Est. Cost $30.86 Unrealized +34.5%

KMI KINDER MORGAN INC DEL 3.6%

Value $8.584M Shares 517,731 Est. Cost $14.95 Unrealized +2.0%

PM PHILIP MORRIS INTL INC 3.5%

Value $8.461M Shares 91,395 Est. Cost $81.45 Unrealized +5.8%

QCOM QUALCOMM INC 3.5%

Value $8.407M Shares 75,698 Est. Cost $120.67 Unrealized -8.8%

TFIN TRIUMPH FINANCIAL INC 3.1%

Value $7.495M Shares 115,675 Est. Cost $56.47 Unrealized +16.8%

GD GENERAL DYNAMICS CORP 2.7%

Value $6.56M Shares 29,686 Est. Cost $131.66 Unrealized +60.4%

LBRDK LIBERTY BROADBAND CORP 2.6%

Value $6.25M Shares 68,442 Est. Cost $76.65 Unrealized +9.0%

MUB ISHARES TR 2.3%

Value $5.602M Shares 54,636 Est. Cost $107.17 Unrealized —

MO ALTRIA GROUP INC 2.1%

Value $5.013M Shares 119,222 Est. Cost $28.87 Unrealized +26.2%

CHTR CHARTER COMMUNICATIONS INC N 1.9%

Value $4.457M Shares 10,134 Est. Cost $465.81 Unrealized -10.7%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.7%

Value $3.972M Shares 11,338 Est. Cost $247.47 Unrealized +43.4%

TLT ISHARES TR 1.4%

Value $3.406M Shares 38,403 Est. Cost $88.69 Unrealized —

SGOV ISHARES TR 1.1%

Value $2.715M Shares 26,972 Est. Cost $100.64 Unrealized —

CAH CARDINAL HEALTH INC 0.8%

Value $1.932M Shares 22,257 Est. Cost $47.96 Unrealized +80.8%

SUB ISHARES TR 0.6%

Value $1.553M Shares 15,094 Est. Cost $104.61 Unrealized —

— NUVEEN FLOATING RATE INCOME 0.6%

Value $1.342M Shares 163,466 Est. Cost $8.74 Unrealized —

LMT LOCKHEED MARTIN CORP 0.5%

Value $1.289M Shares 3,152 Est. Cost $313.87 Unrealized +32.2%

— QURATE RETAIL INC 0.5%

Value $1.157M Shares 1,907,545 Est. Cost $7.05 Unrealized —

PFE PFIZER INC 0.4%

Value $884K Shares 26,658 Est. Cost $29.40 Unrealized +4.0%

ABBV ABBVIE INC 0.3%

Value $609K Shares 4,088 Est. Cost $83.01 Unrealized +63.0%

GOOG ALPHABET INC 0.2%

Value $551K Shares 4,180 Est. Cost $114.96 Unrealized +12.3%

ARCC ARES CAPITAL CORP 0.1%

Value $239K Shares 12,250 Est. Cost $9.58 Unrealized +61.6%

ABEV AMBEV SA 0.1%

Value $220K Shares 85,145 Est. Cost $3.09 Unrealized —

CSCO CISCO SYS INC 0.1%

Value $205K Shares 3,811 Est. Cost $50.30 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
UBER	UBER TECHNOLOGIES INC	483,698	$22.25M	9.3%	$36.93	+23.7%	COM	90353T100
MCK	MCKESSON CORP	50,171	$21.82M	9.1%	$174.69	+138.5%	COM	58155Q103
BSM	BLACK STONE MINERALS L P	1,032,414	$17.79M	7.4%	$13.26	—	COM UNIT	09225M101
VGIT	VANGUARD SCOTTSDALE FDS	296,031	$16.92M	7.1%	$57.15	—	INTER TERM TREAS	92206C706
HII	HUNTINGTON INGALLS INDS INC	80,489	$16.47M	6.9%	$182.16	+14.9%	COM	446413106
DXC	DXC TECHNOLOGY CO	679,760	$14.16M	5.9%	$24.62	-6.8%	COM	23355L106
EPD	ENTERPRISE PRODS PARTNERS L	505,457	$13.83M	5.8%	$22.24	—	COM	293792107
IMXI	INTERNATIONAL MNY EXPRESS IN	766,399	$12.98M	5.4%	$18.78	+7.1%	COM	46005L101
BTI	BRITISH AMERN TOB PLC	411,120	$12.91M	5.4%	$37.71	—	SPONSORED ADR	110448107
CMCSA	COMCAST CORP NEW	219,469	$9.731M	4.1%	$30.86	+34.5%	CL A	20030N101
KMI	KINDER MORGAN INC DEL	517,731	$8.584M	3.6%	$14.95	+2.0%	COM	49456B101
PM	PHILIP MORRIS INTL INC	91,395	$8.461M	3.5%	$81.45	+5.8%	COM	718172109
QCOM	QUALCOMM INC	75,698	$8.407M	3.5%	$120.67	-8.8%	COM	747525103
TFIN	TRIUMPH FINANCIAL INC	115,675	$7.495M	3.1%	$56.47	+16.8%	COM	89679E300
GD	GENERAL DYNAMICS CORP	29,686	$6.56M	2.7%	$131.66	+60.4%	COM	369550108
LBRDK	LIBERTY BROADBAND CORP	68,442	$6.25M	2.6%	$76.65	+9.0%	COM SER C	530307305
MUB	ISHARES TR	54,636	$5.602M	2.3%	$107.17	—	NATIONAL MUN ETF	464288414
MO	ALTRIA GROUP INC	119,222	$5.013M	2.1%	$28.87	+26.2%	COM	02209S103
CHTR	CHARTER COMMUNICATIONS INC N	10,134	$4.457M	1.9%	$465.81	-10.7%	CL A	16119P108
BRK/B	BERKSHIRE HATHAWAY INC DEL	11,338	$3.972M	1.7%	$247.47	+43.4%	CL B NEW	084670702
TLT	ISHARES TR	38,403	$3.406M	1.4%	$88.69	—	20 YR TR BD ETF	464287432
SGOV	ISHARES TR	26,972	$2.715M	1.1%	$100.64	—	0-3 MNTH TREASRY	46436E718
CAH	CARDINAL HEALTH INC	22,257	$1.932M	0.8%	$47.96	+80.8%	COM	14149Y108
SUB	ISHARES TR	15,094	$1.553M	0.6%	$104.61	—	SHRT NAT MUN ETF	464288158
—	NUVEEN FLOATING RATE INCOME	163,466	$1.342M	0.6%	$8.74	—	COM	67072T108
LMT	LOCKHEED MARTIN CORP	3,152	$1.289M	0.5%	$313.87	+32.2%	COM	539830109
—	QURATE RETAIL INC	1,907,545	$1.157M	0.5%	$7.05	—	COM SER A	74915M100
PFE	PFIZER INC	26,658	$884K	0.4%	$29.40	+4.0%	COM	717081103
ABBV	ABBVIE INC	4,088	$609K	0.3%	$83.01	+63.0%	COM	00287Y109
GOOG	ALPHABET INC	4,180	$551K	0.2%	$114.96	+12.3%	CAP STK CL C	02079K107
ARCC	ARES CAPITAL CORP	12,250	$239K	0.1%	$9.58	+61.6%	COM	04010L103
ABEV	AMBEV SA	85,145	$220K	0.1%	$3.09	—	SPONSORED ADR	02319V103
CSCO	CISCO SYS INC	3,811	$205K	0.1%	$50.30	0.0%	COM	17275R102