INVESTMENT MANAGEMENT ASSOCIATES INC /ADV — 13F Holdings & Portfolio
CIK 52024 · latest 13F-HR filed 2026-08-03
INVESTMENT MANAGEMENT ASSOCIATES INC /ADV manages $487.4M in 13F-reported U.S. long-equity assets across 32 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are MOH (10.80%), UBER (7.19%), QQQ (6.94%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 4 new positions, exited 4, added to 9, and trimmed 10.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
SUITE 140W
GREENWOOD VILLAGE, CO 80111
$487.4M
Long-equity book
32
Distinct positions
2026-06-30
Filed 2026-08-03
+4 / −4 / ↑9 / ↓10
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- MOLINA HEALTHCARE INC$21.6M +69.4%
- KONINKLIJKE PHILIPS N V$9.3M +65.6%
- BAXTER INTL INC$6.1M +46.8%
- TRIUMPH FINANCIAL INC$5.9M +27.9%
- NU HLDGS LTD$1.4M +8.8%
Top Trims
- HUNTINGTON INGALLS INDS INC-$11.6M -26.5%
- BRITISH AMERN TOB PLC-$9.5M -36.1%
- LIBERTY BROADBAND CORP-$7.7M -32.6%
- CANADIAN NAT RES LTD MED TER-$3.8M -21.4%
- BLACK STONE MINERALS L P-$2.9M -10.2%
New Positions
- WORLD GOLD TR$19.5M
- WISE GROUP PLC$11.6M
- DIAGEO PLC$328.0K
- SCHWAB STRATEGIC TR$223.4K
Exited Positions
- QUALCOMM INC$12.9M
- SPROTT INC$864.7K
- IMPERIAL PETE INC$51.4K
- QVC GROUP INC$45.8K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | MOLINA HEALTHCARE INC | MOH | 60855R100 | $52.7M | 10.80% | 230,258 | SH |
| 2 | UBER TECHNOLOGIES INC | UBER | 90353T100 | $35.1M | 7.19% | 485,805 | SH |
| 3 | INVESCO QQQ TR Put | QQQ | 46090E103 | $33.8M | 6.94% | 45,900 | SH |
| 4 | HUNTINGTON INGALLS INDS INC | HII | 446413106 | $32.1M | 6.59% | 114,780 | SH |
| 5 | TRIUMPH FINANCIAL INC | TFIN | 89679E300 | $27.0M | 5.54% | 353,851 | SH |
| 6 | BLACK STONE MINERALS L P | BSM | 09225M101 | $25.8M | 5.30% | 1,848,184 | SH |
| 7 | ISHARES TR Put | TLT | 464287432 | $23.5M | 4.82% | 271,900 | SH |
| 8 | KONINKLIJKE PHILIPS N V | PHG | 500472303 | $23.4M | 4.79% | 859,379 | SH |
| 9 | ISHARES TR Put | SOXX | 464287523 | $21.6M | 4.43% | 33,700 | SH |
| 10 | PHILIP MORRIS INTL INC | PM | 718172109 | $20.7M | 4.25% | 114,566 | SH |
| 11 | WORLD GOLD TR | GLDM | 98149E303 | $19.5M | 4.01% | 245,796 | SH |
| 12 | ENTERPRISE PRODS PARTNERS L | EPD | 293792107 | $19.3M | 3.96% | 524,941 | SH |
| 13 | BAXTER INTL INC | BAX | 071813109 | $19.2M | 3.94% | 900,843 | SH |
| 14 | BRITISH AMERN TOB PLC | BTI | 110448107 | $16.8M | 3.45% | 272,457 | SH |
| 15 | NU HLDGS LTD | NU | G6683N103 | $16.8M | 3.44% | 1,256,018 | SH |
| 16 | LIBERTY BROADBAND CORP | LBRDK | 530307305 | $15.8M | 3.25% | 476,314 | SH |
| 17 | INNOVEX INTERNATIONAL INC | INVX | 457651107 | $15.0M | 3.08% | 605,042 | SH |
| 18 | ISHARES TR Put | TLT | 464287432 | $14.8M | 3.04% | 171,300 | SH |
| 19 | CANADIAN NAT RES LTD MED TER | CNQ | 136385101 | $13.8M | 2.84% | 350,000 | SH |
| 20 | WISE GROUP PLC | WSE | G9723Y105 | $11.6M | 2.38% | 975,576 | SH |
| 21 | SOLVENTUM CORP | SOLV | 83444M101 | $8.1M | 1.67% | 105,417 | SH |
| 22 | MCKESSON CORP | MCK | 58155Q103 | $8.1M | 1.66% | 10,698 | SH |
| 23 | ISHARES TR | SHV | 464288679 | $4.5M | 0.93% | 40,874 | SH |
| 24 | CACI INTL INC | CACI | 127190304 | $3.4M | 0.70% | 7,406 | SH |
| 25 | ARS PHARMACEUTICALS INC | SPRY | 82835W108 | $3.0M | 0.61% | 373,491 | SH |
| 26 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $416.3K | 0.09% | 832 | SH |
| 27 | DIAGEO PLC | DEO | 25243Q205 | $328.0K | 0.07% | 4,081 | SH |
| 28 | VANECK ETF TRUST | GDX | 92189F106 | $264.1K | 0.05% | 3,500 | SH |
| 29 | AMAZON COM INC | AMZN | 023135106 | $238.3K | 0.05% | 1,000 | SH |
| 30 | SCHWAB STRATEGIC TR | SCHD | 808524797 | $223.4K | 0.05% | 7,046 | SH |
| 31 | NVIDIA CORPORATION | NVDA | 67066G104 | $200.1K | 0.04% | 1,000 | SH |
| 32 | NVIDIA CORPORATION Put | NVDA | 67066G104 | $200.1K | 0.04% | 1,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-03 | $487.4M | 32 | 0000052024-26-000004 |
| 2026-03-31 | 2026-05-07 | $419.8M | 31 | 0000052024-26-000002 |
| 2025-12-31 | 2026-02-03 | $362.6M | 29 | 0000052024-26-000001 |