INVESTMENT MANAGEMENT ASSOCIATES INC /ADV Long-Term Concentrated

CIK: 0000052024 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Feb 3, 2025

Total Value ($000): $229,114 (100.0% shares, 0.0% debt)

Holdings (27)

UBER UBER TECHNOLOGIES INC 11.4%

Value ($000) $26,198 Shares 434,309 Est. Cost $36.93 Unrealized +93.4%

BSM BLACK STONE MINERALS L P 9.8%

Value ($000) $22,545 Shares 1,544,182 Est. Cost $13.92 Unrealized —

BTI BRITISH AMERN TOB PLC 9.7%

Value ($000) $22,247 Shares 612,517 Est. Cost $34.91 Unrealized —

HII HUNTINGTON INGALLS INDS INC 9.1%

Value ($000) $20,807 Shares 110,107 Est. Cost $190.94 Unrealized +10.0%

IMXI INTERNATIONAL MNY EXPRESS IN 8.2%

Value ($000) $18,731 Shares 899,232 Est. Cost $18.95 Unrealized +3.6%

EPD ENTERPRISE PRODS PARTNERS L 7.4%

Value ($000) $16,898 Shares 538,824 Est. Cost $23.01 Unrealized —

LBRDK LIBERTY BROADBAND CORP 7.3%

Value ($000) $16,704 Shares 223,440 Est. Cost $66.42 Unrealized +17.5%

PM PHILIP MORRIS INTL INC 6.8%

Value ($000) $15,563 Shares 129,317 Est. Cost $82.83 Unrealized +45.6%

MCK MCKESSON CORP 6.6%

Value ($000) $15,045 Shares 26,398 Est. Cost $174.69 Unrealized +219.0%

TFIN TRIUMPH FINANCIAL INC 3.9%

Value ($000) $8,837 Shares 97,237 Est. Cost $75.52 Unrealized +23.2%

CMCSA COMCAST CORP NEW 3.6%

Value ($000) $8,329 Shares 221,933 Est. Cost $31.41 Unrealized +27.3%

DXC DXC TECHNOLOGY CO 3.4%

Value ($000) $7,704 Shares 385,585 Est. Cost $24.62 Unrealized -14.3%

CNQ CANADIAN NAT RES LTD 3.3%

Value ($000) $7,603 Shares 246,288 Est. Cost $34.19 Unrealized -5.0%

SOLV SOLVENTUM CORP 3.3%

Value ($000) $7,539 Shares 114,123 Est. Cost $60.70 Unrealized +15.3%

BRK/B BERKSHIRE HATHAWAY INC DEL 2.0%

Value ($000) $4,546 Shares 10,029 Est. Cost $247.47 Unrealized +86.6%

MUB ISHARES TR 1.5%

Value ($000) $3,537 Shares 33,191 Est. Cost $107.17 Unrealized —

SHV ISHARES TR 0.7%

Value ($000) $1,628 Shares 14,788 Est. Cost $110.58 Unrealized —

LMT LOCKHEED MARTIN CORP 0.6%

Value ($000) $1,341 Shares 2,760 Est. Cost $313.87 Unrealized +68.0%

CAH CARDINAL HEALTH INC 0.4%

Value ($000) $834 Shares 7,054 Est. Cost $47.96 Unrealized +139.4%

— QURATE RETAIL INC 0.3%

Value ($000) $785 Shares 2,380,271 Est. Cost $5.56 Unrealized —

NVDA NVIDIA CORPORATION 0.2%

Value ($000) $407 Shares 3,030 Est. Cost $118.07 Unrealized +16.7%

SKT TANGER INC 0.2%

Value ($000) $348 Shares 10,185 Est. Cost $28.66 Unrealized —

AAPL APPLE INC 0.1%

Value ($000) $309 Shares 1,235 Est. Cost $221.95 Unrealized +5.7%

ARCC ARES CAPITAL CORP 0.1%

Value ($000) $272 Shares 12,413 Est. Cost $9.71 Unrealized +99.6%

COST COSTCO WHSL CORP NEW 0.1%

Value ($000) $229 Shares 250 Est. Cost $861.91 Unrealized +7.0%

SPY SPDR S&P 500 ETF TR 0.0%

Value ($000) $101 Shares 589,100 Est. Cost — Unrealized —

ABEV AMBEV SA 0.0%

Value ($000) $28 Shares 15,000 Est. Cost $3.09 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UBER	UBER TECHNOLOGIES INC	434,309	$26,198	11.4%	$36.93	+93.4%	COM	90353T100
BSM	BLACK STONE MINERALS L P	1,544,182	$22,545	9.8%	$13.92	—	COM UNIT	09225M101
BTI	BRITISH AMERN TOB PLC	612,517	$22,247	9.7%	$34.91	—	SPONSORED ADR	110448107
HII	HUNTINGTON INGALLS INDS INC	110,107	$20,807	9.1%	$190.94	+10.0%	COM	446413106
IMXI	INTERNATIONAL MNY EXPRESS IN	899,232	$18,731	8.2%	$18.95	+3.6%	COM	46005L101
EPD	ENTERPRISE PRODS PARTNERS L	538,824	$16,898	7.4%	$23.01	—	COM	293792107
LBRDK	LIBERTY BROADBAND CORP	223,440	$16,704	7.3%	$66.42	+17.5%	COM SER C	530307305
PM	PHILIP MORRIS INTL INC	129,317	$15,563	6.8%	$82.83	+45.6%	COM	718172109
MCK	MCKESSON CORP	26,398	$15,045	6.6%	$174.69	+219.0%	COM	58155Q103
TFIN	TRIUMPH FINANCIAL INC	97,237	$8,837	3.9%	$75.52	+23.2%	COM	89679E300
CMCSA	COMCAST CORP NEW	221,933	$8,329	3.6%	$31.41	+27.3%	CL A	20030N101
DXC	DXC TECHNOLOGY CO	385,585	$7,704	3.4%	$24.62	-14.3%	COM	23355L106
CNQ	CANADIAN NAT RES LTD	246,288	$7,603	3.3%	$34.19	-5.0%	COM	136385101
SOLV	SOLVENTUM CORP	114,123	$7,539	3.3%	$60.70	+15.3%	COM SHS	83444M101
BRK/B	BERKSHIRE HATHAWAY INC DEL	10,029	$4,546	2.0%	$247.47	+86.6%	CL B NEW	084670702
MUB	ISHARES TR	33,191	$3,537	1.5%	$107.17	—	NATIONAL MUN ETF	464288414
SHV	ISHARES TR	14,788	$1,628	0.7%	$110.58	—	SHORT TREAS BD	464288679
LMT	LOCKHEED MARTIN CORP	2,760	$1,341	0.6%	$313.87	+68.0%	COM	539830109
CAH	CARDINAL HEALTH INC	7,054	$834	0.4%	$47.96	+139.4%	COM	14149Y108
—	QURATE RETAIL INC	2,380,271	$785	0.3%	$5.56	—	COM SER A	74915M100
NVDA	NVIDIA CORPORATION	3,030	$407	0.2%	$118.07	+16.7%	COM	67066G104
SKT	TANGER INC	10,185	$348	0.2%	$28.66	—	COM	875465106
AAPL	APPLE INC	1,235	$309	0.1%	$221.95	+5.7%	COM	037833100
ARCC	ARES CAPITAL CORP	12,413	$272	0.1%	$9.71	+99.6%	COM	04010L103
COST	COSTCO WHSL CORP NEW	250	$229	0.1%	$861.91	+7.0%	COM	22160K105
SPY	SPDR S&P 500 ETF TR	589,100	$101	0.0%	—	—	Put	78462F103
ABEV	AMBEV SA	15,000	$28	0.0%	$3.09	—	SPONSORED ADR	02319V103