INVESTMENT MANAGEMENT ASSOCIATES INC /ADV Long-Term Concentrated

Location: Greenwood Village, CO

CIK: 0000052024 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 9, 2024

Total Value: $290M (100.0% shares, 0.0% debt)

Holdings (35)

UBER UBER TECHNOLOGIES INC 12.7%

Value $36.87M Shares 478,848 Share Price $76.99 Est. Cost/Share $36.93 Unrealized @ Report Date +108.5%

MCK MCKESSON CORP 9.2%

Value $26.79M Shares 49,902 Share Price $536.85 Est. Cost/Share $174.69 Unrealized @ Report Date +205.0%

HII HUNTINGTON INGALLS INDS INC 8.0%

Value $23.25M Shares 79,782 Share Price $291.47 * Est. Cost/Share $182.16 Unrealized @ Report Date +53.8%

IMXI INTERNATIONAL MNY EXPRESS IN 7.2%

Value $20.74M Shares 908,451 Share Price $22.83 Est. Cost/Share $18.90 Unrealized @ Report Date +20.8%

BSM BLACK STONE MINERALS L P 6.8%

Value $19.8M Shares 1,239,299 Share Price $15.98 Est. Cost/Share $13.71 Unrealized @ Report Date —

BTI BRITISH AMERN TOB PLC 6.5%

Value $18.94M Shares 620,930 Share Price $30.50 Est. Cost/Share $35.24 Unrealized @ Report Date -13.5%

VGIT VANGUARD SCOTTSDALE FDS 6.0%

Value $17.33M Shares 296,031 Share Price $58.55 Est. Cost/Share $57.98 Unrealized @ Report Date +1.0%

EPD ENTERPRISE PRODS PARTNERS L 5.3%

Value $15.39M Shares 527,475 Share Price $29.18 Est. Cost/Share $22.46 Unrealized @ Report Date —

PM PHILIP MORRIS INTL INC 4.4%

Value $12.85M Shares 140,296 Share Price $91.62 * Est. Cost/Share $82.62 Unrealized @ Report Date +3.4%

LBRDK LIBERTY BROADBAND CORP 4.3%

Value $12.6M Shares 220,165 Share Price $57.23 * Est. Cost/Share $66.88 Unrealized @ Report Date -19.9%

DXC DXC TECHNOLOGY CO 4.2%

Value $12.06M Shares 568,607 Share Price $21.21 Est. Cost/Share $24.62 Unrealized @ Report Date -13.8%

KMI KINDER MORGAN INC DEL 4.1%

Value $11.89M Shares 648,388 Share Price $18.34 * Est. Cost/Share $15.15 Unrealized @ Report Date +11.4%

CMCSA COMCAST CORP NEW 3.4%

Value $9.762M Shares 225,196 Share Price $43.35 * Est. Cost/Share $31.10 Unrealized @ Report Date +31.3%

TFIN TRIUMPH FINANCIAL INC 2.9%

Value $8.521M Shares 107,427 Share Price $79.32 Est. Cost/Share $75.52 Unrealized @ Report Date +5.0%

GD GENERAL DYNAMICS CORP 2.8%

Value $8.038M Shares 28,455 Share Price $282.49 * Est. Cost/Share $131.66 Unrealized @ Report Date +107.2%

VGLT VANGUARD SCOTTSDALE FDS 2.0%

Value $5.771M Shares 97,421 Share Price $59.24 Est. Cost/Share $56.50 Unrealized @ Report Date +4.8%

CNQ CANADIAN NAT RES LTD 1.9%

Value $5.495M Shares 71,998 Share Price $76.32 * Est. Cost/Share $31.11 Unrealized @ Report Date +15.3%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.6%

Value $4.582M Shares 10,896 Share Price $420.53 Est. Cost/Share $247.47 Unrealized @ Report Date +69.9%

MUB ISHARES TR 1.2%

Value $3.571M Shares 33,191 Share Price $107.60 Est. Cost/Share $106.67 Unrealized @ Report Date +0.9%

— QURATE RETAIL INC 0.9%

Value $2.649M Shares 2,153,766 Share Price $1.23 Est. Cost/Share $6.36 Unrealized @ Report Date —

IBTE ISHARES TR 0.7%

Value $2.001M Shares 83,601 Share Price $23.94 Est. Cost/Share $23.86 Unrealized @ Report Date —

CAH CARDINAL HEALTH INC 0.7%

Value $1.962M Shares 17,531 Share Price $111.90 * Est. Cost/Share $47.96 Unrealized @ Report Date +127.2%

VGSH VANGUARD SCOTTSDALE FDS 0.6%

Value $1.76M Shares 30,308 Share Price $58.07 Est. Cost/Share $57.80 Unrealized @ Report Date +0.5%

— NUVEEN FLOATING RATE INCOME 0.5%

Value $1.427M Shares 163,466 Share Price $8.73 Est. Cost/Share $8.74 Unrealized @ Report Date —

LMT LOCKHEED MARTIN CORP 0.5%

Value $1.348M Shares 2,963 Share Price $454.83 * Est. Cost/Share $313.87 Unrealized @ Report Date +38.2%

SHV ISHARES TR 0.4%

Value $1.292M Shares 11,692 Share Price $110.54 Est. Cost/Share $110.33 Unrealized @ Report Date +0.2%

UBER UBER TECHNOLOGIES INC 0.2%

Value $701K Shares 113,100 Share Price $6.20 * Est. Cost/Share $36.93 Unrealized @ Report Date +108.5%

GOOG ALPHABET INC 0.2%

Value $624K Shares 4,100 Share Price $152.26 Est. Cost/Share $114.96 Unrealized @ Report Date +31.5%

PFE PFIZER INC 0.2%

Value $551K Shares 19,869 Share Price $27.75 * Est. Cost/Share $29.40 Unrealized @ Report Date -15.8%

ABBV ABBVIE INC 0.1%

Value $413K Shares 2,270 Share Price $182.11 * Est. Cost/Share $83.01 Unrealized @ Report Date +106.4%

SKT TANGER INC 0.1%

Value $256K Shares 8,685 Share Price $29.53 Est. Cost/Share $27.72 Unrealized @ Report Date —

ARCC ARES CAPITAL CORP 0.1%

Value $255K Shares 12,250 Share Price $20.82 * Est. Cost/Share $9.58 Unrealized @ Report Date +85.6%

META META PLATFORMS INC 0.1%

Value $250K Shares 515 Share Price $485.63 Est. Cost/Share $443.21 Unrealized @ Report Date +8.9%

NVO NOVO-NORDISK A S 0.1%

Value $239K Shares 1,860 Share Price $128.40 Est. Cost/Share $119.04 Unrealized @ Report Date +7.9%

ABEV AMBEV SA 0.0%

Value $37,200 Shares 15,000 Share Price $2.48 Est. Cost/Share $3.00 Unrealized @ Report Date -17.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
UBER	UBER TECHNOLOGIES INC	478,848	$36.87M	12.7%	$76.99	$36.93	+108.5%	COM	90353T100
MCK	MCKESSON CORP	49,902	$26.79M	9.2%	$536.85	$174.69	+205.0%	COM	58155Q103
HII	HUNTINGTON INGALLS INDS INC	79,782	$23.25M	8.0%	$291.47 *	$182.16	+53.8%	COM	446413106
IMXI	INTERNATIONAL MNY EXPRESS IN	908,451	$20.74M	7.2%	$22.83	$18.90	+20.8%	COM	46005L101
BSM	BLACK STONE MINERALS L P	1,239,299	$19.8M	6.8%	$15.98	$13.71	—	COM UNIT	09225M101
BTI	BRITISH AMERN TOB PLC	620,930	$18.94M	6.5%	$30.50	$35.24	-13.5%	SPONSORED ADR	110448107
VGIT	VANGUARD SCOTTSDALE FDS	296,031	$17.33M	6.0%	$58.55	$57.98	+1.0%	INTER TERM TREAS	92206C706
EPD	ENTERPRISE PRODS PARTNERS L	527,475	$15.39M	5.3%	$29.18	$22.46	—	COM	293792107
PM	PHILIP MORRIS INTL INC	140,296	$12.85M	4.4%	$91.62 *	$82.62	+3.4%	COM	718172109
LBRDK	LIBERTY BROADBAND CORP	220,165	$12.6M	4.3%	$57.23 *	$66.88	-19.9%	COM SER C	530307305
DXC	DXC TECHNOLOGY CO	568,607	$12.06M	4.2%	$21.21	$24.62	-13.8%	COM	23355L106
KMI	KINDER MORGAN INC DEL	648,388	$11.89M	4.1%	$18.34 *	$15.15	+11.4%	COM	49456B101
CMCSA	COMCAST CORP NEW	225,196	$9.762M	3.4%	$43.35 *	$31.10	+31.3%	CL A	20030N101
TFIN	TRIUMPH FINANCIAL INC	107,427	$8.521M	2.9%	$79.32	$75.52	+5.0%	COM	89679E300
GD	GENERAL DYNAMICS CORP	28,455	$8.038M	2.8%	$282.49 *	$131.66	+107.2%	COM	369550108
VGLT	VANGUARD SCOTTSDALE FDS	97,421	$5.771M	2.0%	$59.24	$56.50	+4.8%	LONG TERM TREAS	92206C847
CNQ	CANADIAN NAT RES LTD	71,998	$5.495M	1.9%	$76.32 *	$31.11	+15.3%	COM	136385101
BRK/B	BERKSHIRE HATHAWAY INC DEL	10,896	$4.582M	1.6%	$420.53	$247.47	+69.9%	CL B NEW	084670702
MUB	ISHARES TR	33,191	$3.571M	1.2%	$107.60	$106.67	+0.9%	NATIONAL MUN ETF	464288414
—	QURATE RETAIL INC	2,153,766	$2.649M	0.9%	$1.23	$6.36	—	COM SER A	74915M100
IBTE	ISHARES TR	83,601	$2.001M	0.7%	$23.94	$23.86	—	IBONDS 24 TRM TS	46436E874
CAH	CARDINAL HEALTH INC	17,531	$1.962M	0.7%	$111.90 *	$47.96	+127.2%	COM	14149Y108
VGSH	VANGUARD SCOTTSDALE FDS	30,308	$1.76M	0.6%	$58.07	$57.80	+0.5%	SHORT TERM TREAS	92206C102
—	NUVEEN FLOATING RATE INCOME	163,466	$1.427M	0.5%	$8.73	$8.74	—	COM	67072T108
LMT	LOCKHEED MARTIN CORP	2,963	$1.348M	0.5%	$454.83 *	$313.87	+38.2%	COM	539830109
SHV	ISHARES TR	11,692	$1.292M	0.4%	$110.54	$110.33	+0.2%	SHORT TREAS BD	464288679
UBER	UBER TECHNOLOGIES INC	113,100	$701K	0.2%	$6.20 *	$36.93	+108.5%	Put	90353T100
GOOG	ALPHABET INC	4,100	$624K	0.2%	$152.26	$114.96	+31.5%	CAP STK CL C	02079K107
PFE	PFIZER INC	19,869	$551K	0.2%	$27.75 *	$29.40	-15.8%	COM	717081103
ABBV	ABBVIE INC	2,270	$413K	0.1%	$182.11 *	$83.01	+106.4%	COM	00287Y109
SKT	TANGER INC	8,685	$256K	0.1%	$29.53	$27.72	—	COM	875465106
ARCC	ARES CAPITAL CORP	12,250	$255K	0.1%	$20.82 *	$9.58	+85.6%	COM	04010L103
META	META PLATFORMS INC	515	$250K	0.1%	$485.63	$443.21	+8.9%	CL A	30303M102
NVO	NOVO-NORDISK A S	1,860	$239K	0.1%	$128.40	$119.04	+7.9%	ADR	670100205
ABEV	AMBEV SA	15,000	$37,200	0.0%	$2.48	$3.00	-17.4%	SPONSORED ADR	02319V103