INVESTMENT MANAGEMENT ASSOCIATES INC /ADV Long-Term Concentrated

CIK: 0000052024 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 9, 2024

Total Value ($000): $258,666 (100.0% shares, 0.0% debt)

Holdings (34)

UBER UBER TECHNOLOGIES INC 11.4%

Value ($000) $29,585 Shares 480,502 Est. Cost $36.93 Unrealized +41.7%

MCK MCKESSON CORP 9.0%

Value ($000) $23,209 Shares 50,130 Est. Cost $174.69 Unrealized +157.8%

HII HUNTINGTON INGALLS INDS INC 8.0%

Value ($000) $20,787 Shares 80,063 Est. Cost $182.16 Unrealized +22.1%

BSM BLACK STONE MINERALS L P 7.5%

Value ($000) $19,493 Shares 1,221,389 Est. Cost $13.67 Unrealized —

IMXI INTERNATIONAL MNY EXPRESS IN 7.5%

Value ($000) $19,477 Shares 881,693 Est. Cost $18.84 Unrealized +1.9%

VGIT VANGUARD SCOTTSDALE FDS 6.8%

Value ($000) $17,561 Shares 296,031 Est. Cost $57.15 Unrealized —

DXC DXC TECHNOLOGY CO 6.0%

Value ($000) $15,410 Shares 673,799 Est. Cost $24.62 Unrealized -9.6%

EPD ENTERPRISE PRODS PARTNERS L 5.3%

Value ($000) $13,639 Shares 517,627 Est. Cost $22.33 Unrealized —

BTI BRITISH AMERN TOB PLC 4.6%

Value ($000) $12,007 Shares 409,936 Est. Cost $37.71 Unrealized —

CMCSA COMCAST CORP NEW 3.8%

Value ($000) $9,743 Shares 222,199 Est. Cost $30.97 Unrealized +29.5%

KMI KINDER MORGAN INC DEL 3.6%

Value ($000) $9,370 Shares 531,199 Est. Cost $14.96 Unrealized +2.5%

PM PHILIP MORRIS INTL INC 3.5%

Value ($000) $9,107 Shares 96,796 Est. Cost $81.58 Unrealized +2.6%

— TRIUMPH FINANCIAL INC 3.3%

Value ($000) $8,643 Shares 107,790 Est. Cost $80.18 Unrealized —

GD GENERAL DYNAMICS CORP 2.9%

Value ($000) $7,422 Shares 28,582 Est. Cost $131.66 Unrealized +77.9%

VGLT VANGUARD SCOTTSDALE FDS 2.3%

Value ($000) $5,994 Shares 97,421 Est. Cost $61.53 Unrealized —

LBRDK LIBERTY BROADBAND CORP 2.3%

Value ($000) $5,917 Shares 73,419 Est. Cost $76.78 Unrealized +2.4%

MO ALTRIA GROUP INC 1.8%

Value ($000) $4,718 Shares 116,954 Est. Cost $28.87 Unrealized +20.5%

CHTR CHARTER COMMUNICATIONS INC N 1.6%

Value ($000) $4,157 Shares 10,695 Est. Cost $462.77 Unrealized -11.9%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.5%

Value ($000) $3,934 Shares 11,030 Est. Cost $247.47 Unrealized +41.8%

MUB ISHARES TR 1.5%

Value ($000) $3,829 Shares 35,317 Est. Cost $107.17 Unrealized —

SGOV ISHARES TR 0.9%

Value ($000) $2,386 Shares 23,795 Est. Cost $100.64 Unrealized —

IBTE ISHARES TR 0.8%

Value ($000) $1,995 Shares 83,610 Est. Cost $23.86 Unrealized —

— QURATE RETAIL INC 0.7%

Value ($000) $1,812 Shares 2,069,350 Est. Cost $6.57 Unrealized —

VGSH VANGUARD SCOTTSDALE FDS 0.7%

Value ($000) $1,768 Shares 30,313 Est. Cost $58.33 Unrealized —

CAH CARDINAL HEALTH INC 0.7%

Value ($000) $1,767 Shares 17,531 Est. Cost $47.96 Unrealized +99.6%

LMT LOCKHEED MARTIN CORP 0.5%

Value ($000) $1,348 Shares 2,974 Est. Cost $313.87 Unrealized +33.0%

— NUVEEN FLOATING RATE INCOME 0.5%

Value ($000) $1,344 Shares 163,466 Est. Cost $8.74 Unrealized —

GOOG ALPHABET INC 0.2%

Value ($000) $578 Shares 4,100 Est. Cost $114.96 Unrealized +17.1%

PFE PFIZER INC 0.2%

Value ($000) $572 Shares 19,869 Est. Cost $29.40 Unrealized -10.2%

ABBV ABBVIE INC 0.1%

Value ($000) $352 Shares 2,270 Est. Cost $83.01 Unrealized +63.5%

ARCC ARES CAPITAL CORP 0.1%

Value ($000) $245 Shares 12,250 Est. Cost $9.58 Unrealized +66.5%

SKT TANGER INC 0.1%

Value ($000) $241 Shares 8,685 Est. Cost $27.72 Unrealized —

CNQ CANADIAN NAT RES LTD 0.1%

Value ($000) $215 Shares 3,286 Est. Cost $29.83 Unrealized 0.0%

ABEV AMBEV SA 0.0%

Value ($000) $42 Shares 15,000 Est. Cost $3.09 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UBER	UBER TECHNOLOGIES INC	480,502	$29,585	11.4%	$36.93	+41.7%	COM	90353T100
MCK	MCKESSON CORP	50,130	$23,209	9.0%	$174.69	+157.8%	COM	58155Q103
HII	HUNTINGTON INGALLS INDS INC	80,063	$20,787	8.0%	$182.16	+22.1%	COM	446413106
BSM	BLACK STONE MINERALS L P	1,221,389	$19,493	7.5%	$13.67	—	COM UNIT	09225M101
IMXI	INTERNATIONAL MNY EXPRESS IN	881,693	$19,477	7.5%	$18.84	+1.9%	COM	46005L101
VGIT	VANGUARD SCOTTSDALE FDS	296,031	$17,561	6.8%	$57.15	—	INTER TERM TREAS	92206C706
DXC	DXC TECHNOLOGY CO	673,799	$15,410	6.0%	$24.62	-9.6%	COM	23355L106
EPD	ENTERPRISE PRODS PARTNERS L	517,627	$13,639	5.3%	$22.33	—	COM	293792107
BTI	BRITISH AMERN TOB PLC	409,936	$12,007	4.6%	$37.71	—	SPONSORED ADR	110448107
CMCSA	COMCAST CORP NEW	222,199	$9,743	3.8%	$30.97	+29.5%	CL A	20030N101
KMI	KINDER MORGAN INC DEL	531,199	$9,370	3.6%	$14.96	+2.5%	COM	49456B101
PM	PHILIP MORRIS INTL INC	96,796	$9,107	3.5%	$81.58	+2.6%	COM	718172109
—	TRIUMPH FINANCIAL INC	107,790	$8,643	3.3%	$80.18	—	COM	89679E102
GD	GENERAL DYNAMICS CORP	28,582	$7,422	2.9%	$131.66	+77.9%	COM	369550108
VGLT	VANGUARD SCOTTSDALE FDS	97,421	$5,994	2.3%	$61.53	—	LONG TERM TREAS	92206C847
LBRDK	LIBERTY BROADBAND CORP	73,419	$5,917	2.3%	$76.78	+2.4%	COM SER C	530307305
MO	ALTRIA GROUP INC	116,954	$4,718	1.8%	$28.87	+20.5%	COM	02209S103
CHTR	CHARTER COMMUNICATIONS INC N	10,695	$4,157	1.6%	$462.77	-11.9%	CL A	16119P108
BRK/B	BERKSHIRE HATHAWAY INC DEL	11,030	$3,934	1.5%	$247.47	+41.8%	CL B NEW	084670702
MUB	ISHARES TR	35,317	$3,829	1.5%	$107.17	—	NATIONAL MUN ETF	464288414
SGOV	ISHARES TR	23,795	$2,386	0.9%	$100.64	—	0-3 MNTH TREASRY	46436E718
IBTE	ISHARES TR	83,610	$1,995	0.8%	$23.86	—	IBONDS 24 TRM TS	46436E874
—	QURATE RETAIL INC	2,069,350	$1,812	0.7%	$6.57	—	COM SER A	74915M100
VGSH	VANGUARD SCOTTSDALE FDS	30,313	$1,768	0.7%	$58.33	—	SHORT TERM TREAS	92206C102
CAH	CARDINAL HEALTH INC	17,531	$1,767	0.7%	$47.96	+99.6%	COM	14149Y108
LMT	LOCKHEED MARTIN CORP	2,974	$1,348	0.5%	$313.87	+33.0%	COM	539830109
—	NUVEEN FLOATING RATE INCOME	163,466	$1,344	0.5%	$8.74	—	COM	67072T108
GOOG	ALPHABET INC	4,100	$578	0.2%	$114.96	+17.1%	CAP STK CL C	02079K107
PFE	PFIZER INC	19,869	$572	0.2%	$29.40	-10.2%	COM	717081103
ABBV	ABBVIE INC	2,270	$352	0.1%	$83.01	+63.5%	COM	00287Y109
ARCC	ARES CAPITAL CORP	12,250	$245	0.1%	$9.58	+66.5%	COM	04010L103
SKT	TANGER INC	8,685	$241	0.1%	$27.72	—	COM	875465106
CNQ	CANADIAN NAT RES LTD	3,286	$215	0.1%	$29.83	0.0%	COM	136385101
ABEV	AMBEV SA	15,000	$42	0.0%	$3.09	—	SPONSORED ADR	02319V103