13F HOLDINGS REPORT
INVESTMENT MANAGEMENT ASSOCIATES INC /ADV
Quarter ended Q4 2025 · Filed February 3, 2026 · Accession 0000052024-26-000001
Total Value
$362.6M
Positions
29
Other Managers
0
Confidential Omitted
No
Holdings (29)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | HUNTINGTON INGALLS INDS INC | 446413106 | 115,377 | $39.2M | 10.82% |
| 2 | MOLINA HEALTHCARE INC | MOH | 225,536 | $39.1M | 10.79% |
| 3 | UBER TECHNOLOGIES INC | UBER | 445,912 | $36.4M | 10.05% |
| 4 | BRITISH AMERN TOB PLC | 110448107 | 453,806 | $25.7M | 7.09% |
| 5 | BLACK STONE MINERALS L P | BSMLP | 1,902,421 | $25.3M | 6.97% |
| 6 | TRIUMPH FINANCIAL INC | TFIN-P | 340,161 | $21.3M | 5.88% |
| 7 | LIBERTY BROADBAND CORP | LBRDP | 429,284 | $20.9M | 5.75% |
| 8 | PHILIP MORRIS INTL INC | 718172109 | 120,586 | $19.3M | 5.33% |
| 9 | ENTERPRISE PRODS PARTNERS L | 293792107 | 530,324 | $17.0M | 4.69% |
| 10 | COMCAST CORP NEW | CCZ | 558,367 | $16.7M | 4.60% |
| 11 | NU HLDGS LTD | NU | 928,723 | $15.5M | 4.29% |
| 12 | SOLVENTUM CORP | SOLV | 180,097 | $14.3M | 3.94% |
| 13 | INNOVEX INTERNATIONAL INC | INVX | 631,686 | $13.8M | 3.81% |
| 14 | KONINKLIJKE PHILIPS N V | RYLPF | 507,264 | $13.7M | 3.79% |
| 15 | CANADIAN NAT RES LTD | 136385101 | 358,299 | $12.1M | 3.34% |
| 16 | MCKESSON CORP | MCK | 11,045 | $9.1M | 2.50% |
| 17 | CACI INTL INC | 127190304 | 12,391 | $6.6M | 1.82% |
| 18 | SPDR GOLD TR | GLD | 65,100 | $4.8M | 1.32% |
| 19 | ISHARES TR | 464288679 | 33,065 | $3.6M | 1.00% |
| 20 | ARS PHARMACEUTICALS INC | SPRY | 311,503 | $3.6M | 1.00% |
| 21 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 2,136 | $1.1M | 0.30% |
| 22 | SPROTT INC | SII | 10,357 | $1.0M | 0.28% |
| 23 | APPLE INC | AAPL | 3,119 | $847,838 | 0.23% |
| 24 | NVIDIA CORPORATION | NVDA | 2,000 | $373,000 | 0.10% |
| 25 | THERMO FISHER SCIENTIFIC INC | TMO | 563 | $326,230 | 0.09% |
| 26 | VANECK ETF TRUST | 92189F106 | 3,500 | $300,195 | 0.08% |
| 27 | QVC GROUP INC | QVCGP | 21,369 | $223,520 | 0.06% |
| 28 | ISHARES TR | 464287432 | 177,800 | $135,345 | 0.04% |
| 29 | ISHARES TR | 464287432 | 282,700 | $114,797 | 0.03% |