INVESTMENT MANAGEMENT ASSOCIATES INC /ADV Long-Term Concentrated

CIK: 0000052024 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: Apr 30, 2025

Total Value ($000): $244,443 (100.0% shares, 0.0% debt)

Holdings (23)

UBER UBER TECHNOLOGIES INC 12.5%

Value ($000) $30,620 Shares 420,262 Est. Cost $36.93 Unrealized +95.1%

BTI BRITISH AMERN TOB PLC 10.0%

Value ($000) $24,447 Shares 590,935 Est. Cost $34.91 Unrealized —

BSM BLACK STONE MINERALS L P 9.6%

Value ($000) $23,445 Shares 1,535,334 Est. Cost $13.92 Unrealized —

HII HUNTINGTON INGALLS INDS INC 9.4%

Value ($000) $23,087 Shares 113,151 Est. Cost $190.80 Unrealized -2.5%

PM PHILIP MORRIS INTL INC 8.1%

Value ($000) $19,757 Shares 124,467 Est. Cost $82.83 Unrealized +65.4%

LBRDK LIBERTY BROADBAND CORP 7.9%

Value ($000) $19,228 Shares 226,073 Est. Cost $66.53 Unrealized +13.1%

EPD ENTERPRISE PRODS PARTNERS L 7.4%

Value ($000) $18,098 Shares 530,107 Est. Cost $23.01 Unrealized —

MCK MCKESSON CORP 6.8%

Value ($000) $16,741 Shares 24,875 Est. Cost $174.69 Unrealized +252.6%

IMXI INTERNATIONAL MNY EXPRESS IN 4.3%

Value ($000) $10,433 Shares 826,721 Est. Cost $18.95 Unrealized -9.6%

CMCSA COMCAST CORP NEW 4.1%

Value ($000) $10,101 Shares 273,750 Est. Cost $32.10 Unrealized +9.2%

CNQ CANADIAN NAT RES LTD 4.1%

Value ($000) $9,982 Shares 324,106 Est. Cost $33.08 Unrealized -10.6%

SOLV SOLVENTUM CORP 3.5%

Value ($000) $8,507 Shares 111,874 Est. Cost $60.70 Unrealized +22.7%

INVX INNOVEX INTERNATIONAL INC 2.8%

Value ($000) $6,937 Shares 386,269 Est. Cost $16.99 Unrealized 0.0%

TFIN TRIUMPH FINANCIAL INC 2.7%

Value ($000) $6,699 Shares 115,902 Est. Cost $75.10 Unrealized -2.9%

BRK/B BERKSHIRE HATHAWAY INC DEL 2.5%

Value ($000) $6,217 Shares 11,674 Est. Cost $281.10 Unrealized +72.9%

SHV ISHARES TR 1.7%

Value ($000) $4,115 Shares 37,255 Est. Cost $110.51 Unrealized —

MUB ISHARES TR 1.4%

Value ($000) $3,500 Shares 33,191 Est. Cost $107.17 Unrealized —

CAH CARDINAL HEALTH INC 0.4%

Value ($000) $1,019 Shares 7,397 Est. Cost $51.57 Unrealized +144.1%

— QVC GROUP INC 0.2%

Value ($000) $498 Shares 2,476,346 Est. Cost $5.35 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 0.1%

Value ($000) $280 Shares 563 Est. Cost $539.78 Unrealized 0.0%

AAPL APPLE INC 0.1%

Value ($000) $274 Shares 1,235 Est. Cost $221.95 Unrealized +4.0%

COST COSTCO WHSL CORP NEW 0.1%

Value ($000) $236 Shares 250 Est. Cost $861.91 Unrealized +12.6%

NVDA NVIDIA CORPORATION 0.1%

Value ($000) $220 Shares 2,030 Est. Cost $118.07 Unrealized +7.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UBER	UBER TECHNOLOGIES INC	420,262	$30,620	12.5%	$36.93	+95.1%	COM	90353T100
BTI	BRITISH AMERN TOB PLC	590,935	$24,447	10.0%	$34.91	—	SPONSORED ADR	110448107
BSM	BLACK STONE MINERALS L P	1,535,334	$23,445	9.6%	$13.92	—	COM UNIT	09225M101
HII	HUNTINGTON INGALLS INDS INC	113,151	$23,087	9.4%	$190.80	-2.5%	COM	446413106
PM	PHILIP MORRIS INTL INC	124,467	$19,757	8.1%	$82.83	+65.4%	COM	718172109
LBRDK	LIBERTY BROADBAND CORP	226,073	$19,228	7.9%	$66.53	+13.1%	COM SER C	530307305
EPD	ENTERPRISE PRODS PARTNERS L	530,107	$18,098	7.4%	$23.01	—	COM	293792107
MCK	MCKESSON CORP	24,875	$16,741	6.8%	$174.69	+252.6%	COM	58155Q103
IMXI	INTERNATIONAL MNY EXPRESS IN	826,721	$10,433	4.3%	$18.95	-9.6%	COM	46005L101
CMCSA	COMCAST CORP NEW	273,750	$10,101	4.1%	$32.10	+9.2%	CL A	20030N101
CNQ	CANADIAN NAT RES LTD	324,106	$9,982	4.1%	$33.08	-10.6%	COM	136385101
SOLV	SOLVENTUM CORP	111,874	$8,507	3.5%	$60.70	+22.7%	COM SHS	83444M101
INVX	INNOVEX INTERNATIONAL INC	386,269	$6,937	2.8%	$16.99	0.0%	COM	457651107
TFIN	TRIUMPH FINANCIAL INC	115,902	$6,699	2.7%	$75.10	-2.9%	COM	89679E300
BRK/B	BERKSHIRE HATHAWAY INC DEL	11,674	$6,217	2.5%	$281.10	+72.9%	CL B NEW	084670702
SHV	ISHARES TR	37,255	$4,115	1.7%	$110.51	—	SHORT TREAS BD	464288679
MUB	ISHARES TR	33,191	$3,500	1.4%	$107.17	—	NATIONAL MUN ETF	464288414
CAH	CARDINAL HEALTH INC	7,397	$1,019	0.4%	$51.57	+144.1%	COM	14149Y108
—	QVC GROUP INC	2,476,346	$498	0.2%	$5.35	—	COM SER A	74915M100
TMO	THERMO FISHER SCIENTIFIC INC	563	$280	0.1%	$539.78	0.0%	COM	883556102
AAPL	APPLE INC	1,235	$274	0.1%	$221.95	+4.0%	COM	037833100
COST	COSTCO WHSL CORP NEW	250	$236	0.1%	$861.91	+12.6%	COM	22160K105
NVDA	NVIDIA CORPORATION	2,030	$220	0.1%	$118.07	+7.3%	COM	67066G104