Latest INVESTMENT MANAGEMENT ASSOCIATES INC /ADV Stock Portfolio
INVESTMENT MANAGEMENT ASSOCIATES INC /ADV Performance:
2025 Q3: 1.6%YTD: 10.26%2024: 1.73%
Performance for 2025 Q3 is 1.6%, and YTD is 10.26%, and 2024 is 1.73%.
About INVESTMENT MANAGEMENT ASSOCIATES INC /ADV and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, INVESTMENT MANAGEMENT ASSOCIATES INC /ADV reported an equity portfolio of $339.4 Millions as of 30 Sep, 2025.
The top stock holdings of INVESTMENT MANAGEMENT ASSOCIATES INC /ADV are UBER, HII, . The fund has invested 12.8% of it's portfolio in UBER TECHNOLOGIES INC and 9.8% of portfolio in HUNTINGTON INGALLS INDS INC.
The fund managers got completely rid off INTERNATIONAL MNY EXPRESS IN (IMXI), CARDINAL HEALTH INC (CAH) and VANGUARD INDEX FDS (VB) stocks. They significantly reduced their stock positions in BERKSHIRE HATHAWAY INC DEL, MCKESSON CORP (MCK) and PHILIP MORRIS INTL INC (PM). INVESTMENT MANAGEMENT ASSOCIATES INC /ADV opened new stock positions in MOLINA HEALTHCARE INC (MOH), NU HLDGS LTD (NU) and HUMANA INC (HUM). The fund showed a lot of confidence in some stocks as they added substantially to BLACK STONE MINERALS L P (BSM), ISHARES TR (AAXJ) and LIBERTY BROADBAND CORP (LBRDA).
The top stock holdings of INVESTMENT MANAGEMENT ASSOCIATES INC /ADV are UBER, HII, . The fund has invested 12.8% of it's portfolio in UBER TECHNOLOGIES INC and 9.8% of portfolio in HUNTINGTON INGALLS INDS INC.
The fund managers got completely rid off INTERNATIONAL MNY EXPRESS IN (IMXI), CARDINAL HEALTH INC (CAH) and VANGUARD INDEX FDS (VB) stocks. They significantly reduced their stock positions in BERKSHIRE HATHAWAY INC DEL, MCKESSON CORP (MCK) and PHILIP MORRIS INTL INC (PM). INVESTMENT MANAGEMENT ASSOCIATES INC /ADV opened new stock positions in MOLINA HEALTHCARE INC (MOH), NU HLDGS LTD (NU) and HUMANA INC (HUM). The fund showed a lot of confidence in some stocks as they added substantially to BLACK STONE MINERALS L P (BSM), ISHARES TR (AAXJ) and LIBERTY BROADBAND CORP (LBRDA).
INVESTMENT MANAGEMENT ASSOCIATES INC /ADV Annual Return Estimates Vs S&P 500
Our best estimate is that INVESTMENT MANAGEMENT ASSOCIATES INC /ADV made a return of 1.6% in the last quarter. In trailing 12 months, it's portfolio return was 6.57%.
New Buys
| Ticker | $ Bought |
|---|---|
| molina healthcare inc | 20,243,400 |
| nu hldgs ltd | 7,978,420 |
| humana inc | 5,194,550 |
| elevance health inc formerly | 4,235,320 |
| vaneck etf trust | 267,400 |
New stocks bought by INVESTMENT MANAGEMENT ASSOCIATES INC /ADV
Additions
| Ticker | % Inc. |
|---|---|
| black stone minerals l p | 22.62 |
| ishares tr | 17.01 |
| liberty broadband corp | 14.21 |
| solventum corp | 10.27 |
| comcast corp new | 8.44 |
| triumph financial inc | 2.35 |
| canadian nat res ltd | 1.25 |
| enterprise prods partners l | 0.19 |
Additions to existing portfolio by INVESTMENT MANAGEMENT ASSOCIATES INC /ADV
Reductions
| Ticker | % Reduced |
|---|---|
| berkshire hathaway inc del | -8.03 |
| sprott inc | -6.15 |
| mckesson corp | -2.59 |
| british amern tob plc | -2.08 |
| philip morris intl inc | -1.97 |
| caci intl inc | -1.71 |
| nvidia corporation | -1.48 |
| qvc group inc | -1.3 |
INVESTMENT MANAGEMENT ASSOCIATES INC /ADV reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| international mny express in | -7,890,700 |
| cardinal health inc | -731,976 |
| apple inc | -228,970 |
| vanguard index fds | -461,888 |
INVESTMENT MANAGEMENT ASSOCIATES INC /ADV got rid off the above stocks
Sector Distribution
INVESTMENT MANAGEMENT ASSOCIATES INC /ADV has about 39.9% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 39.9 |
| Technology | 14.9 |
| Healthcare | 13.1 |
| Energy | 12.6 |
| Industrials | 9.9 |
| Consumer Defensive | 5.9 |
| 3.8 |
Market Cap. Distribution
INVESTMENT MANAGEMENT ASSOCIATES INC /ADV has about 48.6% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 48.6 |
| UNALLOCATED | 39.9 |
| MID-CAP | 7.6 |
| SMALL-CAP | 3.8 |
Stocks belong to which Index?
About 32.1% of the stocks held by INVESTMENT MANAGEMENT ASSOCIATES INC /ADV either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 67.9 |
| S&P 500 | 32.1 |
INVESTMENT MANAGEMENT ASSOCIATES INC /ADV Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of INVESTMENT MANAGEMENT ASSOCIATES INC /ADV
INVESTMENT MANAGEMENT ASSOCIATES INC /ADV has 27 stocks in it's portfolio. About 70.5% of the portfolio is in top 10 stocks. PM proved to be the most loss making stock for the portfolio. HII was the most profitable stock for INVESTMENT MANAGEMENT ASSOCIATES INC /ADV last quarter.
Last Reported on: 06 Nov, 2025| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AAXJ | ishares tr | 1.04 | 33,191 | 3,534,510 | unchanged | 0.00 | ||
| AAXJ | ishares tr | 0.83 | 25,593 | 2,827,770 | added | 17.01 | ||
| AFK | vaneck etf trust | 0.08 | 3,500 | 267,400 | new | |||
| BSM | black stone minerals l p | 7.49 | 1,934,740 | 25,422,500 | added | 22.62 | ||
| CACI | caci intl inc | 1.83 | 12,435 | 6,202,330 | reduced | -1.71 | ||
| CAH | cardinal health inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CMCSA | comcast corp new | 3.13 | 337,699 | 10,610,500 | added | 8.44 | ||
| ELV | elevance health inc formerly | 1.25 | 13,108 | 4,235,320 | new | |||
| EPD | enterprise prods partners l | 4.93 | 535,444 | 16,743,300 | added | 0.19 | ||
| HII | huntington ingalls inds inc | 9.84 | 115,932 | 33,378,000 | reduced | -0.65 | ||
| HUM | humana inc | 1.53 | 19,966 | 5,194,550 | new | |||
| IMXI | international mny express in | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| LBRDA | liberty broadband corp | 4.98 | 265,920 | 16,896,600 | added | 14.21 | ||
| MCK | mckesson corp | 4.12 | 18,080 | 13,967,300 | reduced | -2.59 | ||
| MOH | molina healthcare inc | 5.96 | 105,787 | 20,243,400 | new | |||
| NU | nu hldgs ltd | 2.35 | 498,340 | 7,978,420 | new | |||
| NVDA | nvidia corporation | 0.11 | 2,000 | 373,160 | reduced | -1.48 | ||
| PM | philip morris intl inc | 5.81 | 121,535 | 19,713,000 | reduced | -1.97 | ||
| QRTEA | qvc group inc | 0.19 | 48,599 | 655,601 | reduced | -1.3 | ||