INVESTMENT MANAGEMENT ASSOCIATES INC /ADV Long-Term Concentrated

Location: Greenwood Village, CO

CIK: 0000052024 · Show all filings

Period: Q3 2024 (← Previous) (Next →)

Filing Date: Nov 5, 2024

Total Value: $256M (100.0% shares, 0.0% debt)

Holdings (35)

UBER UBER TECHNOLOGIES INC 13.1%

Value $33.6M Shares 447,067 Est. Cost $36.93 Unrealized +90.6%

BTI BRITISH AMERN TOB PLC 9.1%

Value $23.18M Shares 633,682 Est. Cost $34.91 Unrealized —

HII HUNTINGTON INGALLS INDS INC 7.8%

Value $19.97M Shares 75,530 Est. Cost $182.16 Unrealized +40.5%

BSM BLACK STONE MINERALS L P 7.0%

Value $17.82M Shares 1,180,220 Est. Cost $13.71 Unrealized —

LBRDK LIBERTY BROADBAND CORP 6.6%

Value $16.91M Shares 218,800 Est. Cost $66.18 Unrealized -12.6%

IMXI INTERNATIONAL MNY EXPRESS IN 6.4%

Value $16.32M Shares 882,702 Est. Cost $18.93 Unrealized +0.8%

PM PHILIP MORRIS INTL INC 6.4%

Value $16.26M Shares 133,977 Est. Cost $82.83 Unrealized +32.6%

EPD ENTERPRISE PRODS PARTNERS L 6.2%

Value $15.91M Shares 546,414 Est. Cost $23.01 Unrealized —

MCK MCKESSON CORP 5.3%

Value $13.68M Shares 27,675 Est. Cost $174.69 Unrealized +216.8%

KMI KINDER MORGAN INC DEL 5.0%

Value $12.8M Shares 579,594 Est. Cost $15.15 Unrealized +31.1%

DXC DXC TECHNOLOGY CO 4.3%

Value $11.11M Shares 535,652 Est. Cost $24.62 Unrealized -19.1%

CMCSA COMCAST CORP NEW 3.6%

Value $9.158M Shares 219,237 Est. Cost $31.30 Unrealized +20.6%

CNQ CANADIAN NAT RES LTD 3.2%

Value $8.144M Shares 245,227 Est. Cost $34.19 Unrealized -3.0%

SOLV SOLVENTUM CORP 3.1%

Value $8.011M Shares 114,898 Est. Cost $60.70 Unrealized -0.9%

TFIN TRIUMPH FINANCIAL INC 3.1%

Value $7.968M Shares 100,176 Est. Cost $75.52 Unrealized +10.6%

GD GENERAL DYNAMICS CORP 1.9%

Value $4.979M Shares 16,477 Est. Cost $131.66 Unrealized +117.6%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.8%

Value $4.67M Shares 10,147 Est. Cost $247.47 Unrealized +78.7%

MUB ISHARES TR 1.4%

Value $3.606M Shares 33,191 Est. Cost $107.17 Unrealized —

SHV ISHARES TR 0.9%

Value $2.344M Shares 21,187 Est. Cost $110.58 Unrealized —

SPY SPDR S&P 500 ETF TR 0.8%

Value $2.006M Shares 600,700 Est. Cost — Unrealized —

LMT LOCKHEED MARTIN CORP 0.7%

Value $1.685M Shares 2,882 Est. Cost $313.87 Unrealized +64.5%

— QURATE RETAIL INC 0.5%

Value $1.296M Shares 2,124,152 Est. Cost $6.19 Unrealized —

CAH CARDINAL HEALTH INC 0.3%

Value $824K Shares 7,457 Est. Cost $47.96 Unrealized +113.4%

PFE PFIZER INC 0.2%

Value $620K Shares 21,413 Est. Cost $29.00 Unrealized -8.0%

ABBV ABBVIE INC 0.2%

Value $458K Shares 2,319 Est. Cost $84.49 Unrealized +111.5%

NVDA NVIDIA CORPORATION 0.1%

Value $368K Shares 3,030 Est. Cost $118.07 Unrealized 0.0%

UBER UBER TECHNOLOGIES INC 0.1%

Value $341K Shares 111,700 Est. Cost $36.93 Unrealized +90.6%

AAPL APPLE INC 0.1%

Value $298K Shares 1,281 Est. Cost $221.95 Unrealized 0.0%

SKT TANGER INC 0.1%

Value $288K Shares 8,685 Est. Cost $27.72 Unrealized —

ARCC ARES CAPITAL CORP 0.1%

Value $257K Shares 12,250 Est. Cost $9.58 Unrealized +90.3%

COST COSTCO WHSL CORP NEW 0.1%

Value $222K Shares 250 Est. Cost $861.91 Unrealized 0.0%

NVO NOVO-NORDISK A S 0.1%

Value $221K Shares 1,860 Est. Cost $128.40 Unrealized —

UNH UNITEDHEALTH GROUP INC 0.1%

Value $219K Shares 375 Est. Cost $548.30 Unrealized 0.0%

CSCO CISCO SYS INC 0.1%

Value $213K Shares 3,994 Est. Cost $46.78 Unrealized 0.0%

ABEV AMBEV SA 0.0%

Value $36,600 Shares 15,000 Est. Cost $3.09 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
UBER	UBER TECHNOLOGIES INC	447,067	$33.6M	13.1%	$36.93	+90.6%	COM	90353T100
BTI	BRITISH AMERN TOB PLC	633,682	$23.18M	9.1%	$34.91	—	SPONSORED ADR	110448107
HII	HUNTINGTON INGALLS INDS INC	75,530	$19.97M	7.8%	$182.16	+40.5%	COM	446413106
BSM	BLACK STONE MINERALS L P	1,180,220	$17.82M	7.0%	$13.71	—	COM UNIT	09225M101
LBRDK	LIBERTY BROADBAND CORP	218,800	$16.91M	6.6%	$66.18	-12.6%	COM SER C	530307305
IMXI	INTERNATIONAL MNY EXPRESS IN	882,702	$16.32M	6.4%	$18.93	+0.8%	COM	46005L101
PM	PHILIP MORRIS INTL INC	133,977	$16.26M	6.4%	$82.83	+32.6%	COM	718172109
EPD	ENTERPRISE PRODS PARTNERS L	546,414	$15.91M	6.2%	$23.01	—	COM	293792107
MCK	MCKESSON CORP	27,675	$13.68M	5.3%	$174.69	+216.8%	COM	58155Q103
KMI	KINDER MORGAN INC DEL	579,594	$12.8M	5.0%	$15.15	+31.1%	COM	49456B101
DXC	DXC TECHNOLOGY CO	535,652	$11.11M	4.3%	$24.62	-19.1%	COM	23355L106
CMCSA	COMCAST CORP NEW	219,237	$9.158M	3.6%	$31.30	+20.6%	CL A	20030N101
CNQ	CANADIAN NAT RES LTD	245,227	$8.144M	3.2%	$34.19	-3.0%	COM	136385101
SOLV	SOLVENTUM CORP	114,898	$8.011M	3.1%	$60.70	-0.9%	COM SHS	83444M101
TFIN	TRIUMPH FINANCIAL INC	100,176	$7.968M	3.1%	$75.52	+10.6%	COM	89679E300
GD	GENERAL DYNAMICS CORP	16,477	$4.979M	1.9%	$131.66	+117.6%	COM	369550108
BRK/B	BERKSHIRE HATHAWAY INC DEL	10,147	$4.67M	1.8%	$247.47	+78.7%	CL B NEW	084670702
MUB	ISHARES TR	33,191	$3.606M	1.4%	$107.17	—	NATIONAL MUN ETF	464288414
SHV	ISHARES TR	21,187	$2.344M	0.9%	$110.58	—	SHORT TREAS BD	464288679
SPY	SPDR S&P 500 ETF TR	600,700	$2.006M	0.8%	—	—	Put	78462F103
LMT	LOCKHEED MARTIN CORP	2,882	$1.685M	0.7%	$313.87	+64.5%	COM	539830109
—	QURATE RETAIL INC	2,124,152	$1.296M	0.5%	$6.19	—	COM SER A	74915M100
CAH	CARDINAL HEALTH INC	7,457	$824K	0.3%	$47.96	+113.4%	COM	14149Y108
PFE	PFIZER INC	21,413	$620K	0.2%	$29.00	-8.0%	COM	717081103
ABBV	ABBVIE INC	2,319	$458K	0.2%	$84.49	+111.5%	COM	00287Y109
NVDA	NVIDIA CORPORATION	3,030	$368K	0.1%	$118.07	0.0%	COM	67066G104
UBER	UBER TECHNOLOGIES INC	111,700	$341K	0.1%	$36.93	+90.6%	Put	90353T100
AAPL	APPLE INC	1,281	$298K	0.1%	$221.95	0.0%	COM	037833100
SKT	TANGER INC	8,685	$288K	0.1%	$27.72	—	COM	875465106
ARCC	ARES CAPITAL CORP	12,250	$257K	0.1%	$9.58	+90.3%	COM	04010L103
COST	COSTCO WHSL CORP NEW	250	$222K	0.1%	$861.91	0.0%	COM	22160K105
NVO	NOVO-NORDISK A S	1,860	$221K	0.1%	$128.40	—	ADR	670100205
UNH	UNITEDHEALTH GROUP INC	375	$219K	0.1%	$548.30	0.0%	COM	91324P102
CSCO	CISCO SYS INC	3,994	$213K	0.1%	$46.78	0.0%	COM	17275R102
ABEV	AMBEV SA	15,000	$36,600	0.0%	$3.09	—	SPONSORED ADR	02319V103