INVESTMENT MANAGEMENT ASSOCIATES INC /ADV Long-Term Concentrated

Location: Greenwood Village, CO

CIK: 0000052024 · Show all filings

Period: Q2 2024 (← Previous) (Next →)

Filing Date: Aug 1, 2024

Total Value: $291M (100.0% shares, 0.0% debt)

Holdings (34)

UBER UBER TECHNOLOGIES INC 11.8%

Value $34.41M Shares 473,415 Share Price $72.68 Est. Cost/Share $36.93 Unrealized @ Report Date +96.8%

MCK MCKESSON CORP 9.8%

Value $28.68M Shares 49,103 Share Price $584.04 Est. Cost/Share $174.69 Unrealized @ Report Date +232.1%

BTI BRITISH AMERN TOB PLC 7.2%

Value $20.89M Shares 675,435 Share Price $30.93 Est. Cost/Share $34.85 Unrealized @ Report Date -11.3%

HII HUNTINGTON INGALLS INDS INC 6.7%

Value $19.49M Shares 79,106 Share Price $246.33 * Est. Cost/Share $182.16 Unrealized @ Report Date +30.6%

BSM BLACK STONE MINERALS L P 6.6%

Value $19.3M Shares 1,231,446 Share Price $15.67 Est. Cost/Share $13.71 Unrealized @ Report Date —

IMXI INTERNATIONAL MNY EXPRESS IN 6.6%

Value $19.22M Shares 922,311 Share Price $20.84 Est. Cost/Share $18.93 Unrealized @ Report Date +10.1%

VGIT VANGUARD SCOTTSDALE FDS 5.9%

Value $17.24M Shares 296,031 Share Price $58.23 Est. Cost/Share $57.98 Unrealized @ Report Date +0.4%

EPD ENTERPRISE PRODS PARTNERS L 5.7%

Value $16.71M Shares 576,489 Share Price $28.98 Est. Cost/Share $23.01 Unrealized @ Report Date —

PM PHILIP MORRIS INTL INC 5.0%

Value $14.57M Shares 143,776 Share Price $101.33 * Est. Cost/Share $82.83 Unrealized @ Report Date +15.6%

KMI KINDER MORGAN INC DEL 4.4%

Value $12.78M Shares 643,141 Share Price $19.87 * Est. Cost/Share $15.15 Unrealized @ Report Date +22.5%

LBRDK LIBERTY BROADBAND CORP 4.3%

Value $12.54M Shares 228,833 Share Price $54.82 * Est. Cost/Share $66.18 Unrealized @ Report Date -22.4%

DXC DXC TECHNOLOGY CO 3.7%

Value $10.92M Shares 571,772 Share Price $19.09 Est. Cost/Share $24.62 Unrealized @ Report Date -22.5%

CMCSA COMCAST CORP NEW 3.1%

Value $9.134M Shares 233,240 Share Price $39.16 * Est. Cost/Share $31.30 Unrealized @ Report Date +18.7%

CNQ CANADIAN NAT RES LTD 3.1%

Value $8.984M Shares 252,347 Share Price $35.60 * Est. Cost/Share $34.19 Unrealized @ Report Date -1.0%

TFIN TRIUMPH FINANCIAL INC 3.0%

Value $8.733M Shares 106,823 Share Price $81.75 Est. Cost/Share $75.52 Unrealized @ Report Date +8.3%

GD GENERAL DYNAMICS CORP 2.8%

Value $8.263M Shares 28,479 Share Price $290.14 * Est. Cost/Share $131.66 Unrealized @ Report Date +113.8%

SOLV SOLVENTUM CORP 2.2%

Value $6.431M Shares 121,617 Share Price $52.88 Est. Cost/Share $60.70 Unrealized @ Report Date -12.9%

VGLT VANGUARD SCOTTSDALE FDS 1.9%

Value $5.619M Shares 97,421 Share Price $57.68 Est. Cost/Share $56.50 Unrealized @ Report Date +2.1%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.5%

Value $4.423M Shares 10,872 Share Price $406.81 Est. Cost/Share $247.47 Unrealized @ Report Date +64.4%

MUB ISHARES TR 1.2%

Value $3.537M Shares 33,191 Share Price $106.55 Est. Cost/Share $106.67 Unrealized @ Report Date -0.1%

CAH CARDINAL HEALTH INC 0.6%

Value $1.666M Shares 16,943 Share Price $98.32 * Est. Cost/Share $47.96 Unrealized @ Report Date +99.6%

— QURATE RETAIL INC 0.5%

Value $1.399M Shares 2,220,550 Share Price $0.63 Est. Cost/Share $6.19 Unrealized @ Report Date —

SHV ISHARES TR 0.5%

Value $1.366M Shares 12,360 Share Price $110.50 Est. Cost/Share $110.32 Unrealized @ Report Date +0.2%

LMT LOCKHEED MARTIN CORP 0.5%

Value $1.342M Shares 2,874 Share Price $467.08 * Est. Cost/Share $313.87 Unrealized @ Report Date +42.9%

GOOG ALPHABET INC 0.3%

Value $752K Shares 4,100 Share Price $183.42 Est. Cost/Share $114.96 Unrealized @ Report Date +58.5%

UBER UBER TECHNOLOGIES INC 0.2%

Value $623K Shares 112,700 Share Price $5.53 * Est. Cost/Share $36.93 Unrealized @ Report Date +96.8%

PFE PFIZER INC 0.2%

Value $511K Shares 18,273 Share Price $27.98 * Est. Cost/Share $29.40 Unrealized @ Report Date -13.8%

— NUVEEN FLOATING RATE INCOME 0.1%

Value $420K Shares 48,590 Share Price $8.65 Est. Cost/Share $8.74 Unrealized @ Report Date —

ABBV ABBVIE INC 0.1%

Value $392K Shares 2,283 Share Price $171.50 * Est. Cost/Share $83.01 Unrealized @ Report Date +96.3%

NVO NOVO-NORDISK A S 0.1%

Value $265K Shares 1,860 Share Price $142.74 Est. Cost/Share $119.04 Unrealized @ Report Date +19.9%

ARCC ARES CAPITAL CORP 0.1%

Value $255K Shares 12,250 Share Price $20.84 * Est. Cost/Share $9.58 Unrealized @ Report Date +90.1%

SKT TANGER INC 0.1%

Value $235K Shares 8,685 Share Price $27.11 Est. Cost/Share $27.72 Unrealized @ Report Date —

META META PLATFORMS INC 0.1%

Value $206K Shares 408 Share Price $504.35 Est. Cost/Share $443.21 Unrealized @ Report Date +13.2%

ABEV AMBEV SA 0.0%

Value $30,750 Shares 15,000 Share Price $2.05 Est. Cost/Share $3.00 Unrealized @ Report Date -31.7%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
UBER	UBER TECHNOLOGIES INC	473,415	$34.41M	11.8%	$72.68	$36.93	+96.8%	COM	90353T100
MCK	MCKESSON CORP	49,103	$28.68M	9.8%	$584.04	$174.69	+232.1%	COM	58155Q103
BTI	BRITISH AMERN TOB PLC	675,435	$20.89M	7.2%	$30.93	$34.85	-11.3%	SPONSORED ADR	110448107
HII	HUNTINGTON INGALLS INDS INC	79,106	$19.49M	6.7%	$246.33 *	$182.16	+30.6%	COM	446413106
BSM	BLACK STONE MINERALS L P	1,231,446	$19.3M	6.6%	$15.67	$13.71	—	COM UNIT	09225M101
IMXI	INTERNATIONAL MNY EXPRESS IN	922,311	$19.22M	6.6%	$20.84	$18.93	+10.1%	COM	46005L101
VGIT	VANGUARD SCOTTSDALE FDS	296,031	$17.24M	5.9%	$58.23	$57.98	+0.4%	INTER TERM TREAS	92206C706
EPD	ENTERPRISE PRODS PARTNERS L	576,489	$16.71M	5.7%	$28.98	$23.01	—	COM	293792107
PM	PHILIP MORRIS INTL INC	143,776	$14.57M	5.0%	$101.33 *	$82.83	+15.6%	COM	718172109
KMI	KINDER MORGAN INC DEL	643,141	$12.78M	4.4%	$19.87 *	$15.15	+22.5%	COM	49456B101
LBRDK	LIBERTY BROADBAND CORP	228,833	$12.54M	4.3%	$54.82 *	$66.18	-22.4%	COM SER C	530307305
DXC	DXC TECHNOLOGY CO	571,772	$10.92M	3.7%	$19.09	$24.62	-22.5%	COM	23355L106
CMCSA	COMCAST CORP NEW	233,240	$9.134M	3.1%	$39.16 *	$31.30	+18.7%	CL A	20030N101
CNQ	CANADIAN NAT RES LTD	252,347	$8.984M	3.1%	$35.60 *	$34.19	-1.0%	COM	136385101
TFIN	TRIUMPH FINANCIAL INC	106,823	$8.733M	3.0%	$81.75	$75.52	+8.3%	COM	89679E300
GD	GENERAL DYNAMICS CORP	28,479	$8.263M	2.8%	$290.14 *	$131.66	+113.8%	COM	369550108
SOLV	SOLVENTUM CORP	121,617	$6.431M	2.2%	$52.88	$60.70	-12.9%	COM SHS	83444M101
VGLT	VANGUARD SCOTTSDALE FDS	97,421	$5.619M	1.9%	$57.68	$56.50	+2.1%	LONG TERM TREAS	92206C847
BRK/B	BERKSHIRE HATHAWAY INC DEL	10,872	$4.423M	1.5%	$406.81	$247.47	+64.4%	CL B NEW	084670702
MUB	ISHARES TR	33,191	$3.537M	1.2%	$106.55	$106.67	-0.1%	NATIONAL MUN ETF	464288414
CAH	CARDINAL HEALTH INC	16,943	$1.666M	0.6%	$98.32 *	$47.96	+99.6%	COM	14149Y108
—	QURATE RETAIL INC	2,220,550	$1.399M	0.5%	$0.63	$6.19	—	COM SER A	74915M100
SHV	ISHARES TR	12,360	$1.366M	0.5%	$110.50	$110.32	+0.2%	SHORT TREAS BD	464288679
LMT	LOCKHEED MARTIN CORP	2,874	$1.342M	0.5%	$467.08 *	$313.87	+42.9%	COM	539830109
GOOG	ALPHABET INC	4,100	$752K	0.3%	$183.42	$114.96	+58.5%	CAP STK CL C	02079K107
UBER	UBER TECHNOLOGIES INC	112,700	$623K	0.2%	$5.53 *	$36.93	+96.8%	Put	90353T100
PFE	PFIZER INC	18,273	$511K	0.2%	$27.98 *	$29.40	-13.8%	COM	717081103
—	NUVEEN FLOATING RATE INCOME	48,590	$420K	0.1%	$8.65	$8.74	—	COM	67072T108
ABBV	ABBVIE INC	2,283	$392K	0.1%	$171.50 *	$83.01	+96.3%	COM	00287Y109
NVO	NOVO-NORDISK A S	1,860	$265K	0.1%	$142.74	$119.04	+19.9%	ADR	670100205
ARCC	ARES CAPITAL CORP	12,250	$255K	0.1%	$20.84 *	$9.58	+90.1%	COM	04010L103
SKT	TANGER INC	8,685	$235K	0.1%	$27.11	$27.72	—	COM	875465106
META	META PLATFORMS INC	408	$206K	0.1%	$504.35	$443.21	+13.2%	CL A	30303M102
ABEV	AMBEV SA	15,000	$30,750	0.0%	$2.05	$3.00	-31.7%	SPONSORED ADR	02319V103