Latest INVESTMENT MANAGEMENT ASSOCIATES INC /ADV Stock Portfolio

INVESTMENT MANAGEMENT ASSOCIATES INC /ADV Performance:

2025 Q2: 4.03%YTD: 7.34%2024: 2.86%

Performance for 2025 Q2 is 4.03%, and YTD is 7.34%, and 2024 is 2.86%.

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 $298.8 Millions as of 30 Jun, 2025.

The top stock holdings of INVESTMENT MANAGEMENT ASSOCIATES INC /ADV are UBER, HII, . The fund has invested 14% of it's portfolio in UBER TECHNOLOGIES INC and 9.4% of portfolio in HUNTINGTON INGALLS INDS INC.

The fund managers got completely rid off QVC GROUP INC (QRTEA) and COSTCO WHSL CORP NEW (COST) stocks. They significantly reduced their stock positions in ISHARES TR (AAXJ), CARDINAL HEALTH INC (CAH) and MCKESSON CORP (MCK). INVESTMENT MANAGEMENT ASSOCIATES INC /ADV opened new stock positions in KONINKLIJKE PHILIPS N V, CACI INTL INC (CACI) and VANGUARD INDEX FDS (VB). The fund showed a lot of confidence in some stocks as they added substantially to TRIUMPH FINANCIAL INC (TBK), SOLVENTUM CORP and COMCAST CORP NEW (CMCSA).

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 4.03% in the last quarter. In trailing 12 months, it's portfolio return was 5.21%.

New Buys

Ticker	$ Bought
koninklijke philips n v	12,122,100
caci intl inc	6,030,730
sprott inc	768,903
vanguard index fds	461,888
qvc group inc	135,413

New stocks bought by INVESTMENT MANAGEMENT ASSOCIATES INC /ADV

Additions

Ticker	% Inc.
triumph financial inc	113
solventum corp	109
innovex international inc	65.85
comcast corp new	13.76
uber technologies inc	6.56
huntington ingalls inds inc	3.12
liberty broadband corp	2.99
black stone minerals l p	2.77

Additions to existing portfolio by INVESTMENT MANAGEMENT ASSOCIATES INC /ADV

Reductions

Ticker	% Reduced
ishares tr	-41.29
cardinal health inc	-41.1
mckesson corp	-25.39
berkshire hathaway inc del	-12.74
apple inc	-9.64
international mny express in	-5.41
british amern tob plc	-0.87
philip morris intl inc	-0.39

INVESTMENT MANAGEMENT ASSOCIATES INC /ADV reduced stake in above stock

Sold off

Ticker	$ Sold
qvc group inc	-497,993
costco whsl corp new	-236,445

INVESTMENT MANAGEMENT ASSOCIATES INC /ADV got rid off the above stocks

Sector Distribution

INVESTMENT MANAGEMENT ASSOCIATES INC /ADV has about 41.9% of it's holdings in Others sector.

Sector	%
Others	41.9
Technology	19
Energy	12.5
Industrials	9.5
Consumer Defensive	7.6
Healthcare	4.9
	4.6

Market Cap. Distribution

INVESTMENT MANAGEMENT ASSOCIATES INC /ADV has about 43.6% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	43.6
UNALLOCATED	41.9
SMALL-CAP	7.3
MID-CAP	7

Stocks belong to which Index?

About 28.6% of the stocks held by INVESTMENT MANAGEMENT ASSOCIATES INC /ADV either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	71.4
S&P 500	25.9
RUSSELL 2000	2.7

Top 5 Winners (%)		%
NVDA	nvidia corporation	45.8 %
UBER	uber technologies inc	26.9 %
HII	huntington ingalls inds inc	17.9 %
CAH	cardinal health inc	17.4 %
PM	philip morris intl inc	14.7 %

Top 5 Winners ($)		$
UBER	uber technologies inc	8.8 M
HII	huntington ingalls inds inc	4.3 M
PM	philip morris intl inc	2.9 M
MCK	mckesson corp	1.4 M
CACI	caci intl inc	0.3 M

Top 5 Losers (%)		%
IMXI	international mny express in	-19.4 %
TMO	thermo fisher scientific inc	-18.5 %
BSM	black stone minerals l p	-14.1 %
EPD	enterprise prods partners l	-9.1 %
AAPL	apple inc	-7.8 %

Top 5 Losers ($)		$
BSM	black stone minerals l p	-3.4 M
IMXI	international mny express in	-2.0 M
EPD	enterprise prods partners l	-1.7 M
TBK	triumph financial inc	-0.3 M
TMO	thermo fisher scientific inc	-0.1 M

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 26 stocks in it's portfolio. About 75.4% of the portfolio is in top 10 stocks. BSM proved to be the most loss making stock for the portfolio. UBER was the most profitable stock for INVESTMENT MANAGEMENT ASSOCIATES INC /ADV last quarter.

Last Reported on: 04 Aug, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	UBER	uber technologies inc	13.98	447,827	41,782,300	added	6.56
Historical Trend of UBER TECHNOLOGIES INC Position Held By INVESTMENT MANAGEMENT ASSOCIATES INC /ADV What % of Portfolio is UBER?: Number of UBER shares held: Change in No. of Shares Held:
	HII	huntington ingalls inds inc	9.43	116,685	28,174,800	added	3.12

		british amern tob plc	9.28	585,777	27,724,800	reduced	-0.87

	LBRDA	liberty broadband corp	7.67	232,827	22,905,500	added	2.99

	PM	philip morris intl inc	7.56	123,982	22,580,800	reduced	-0.39

	BSM	black stone minerals l p	6.91	1,577,890	20,638,800	added	2.77

		solventum corp	5.96	234,833	17,809,700	added	109

	EPD	enterprise prods partners l	5.55	534,405	16,571,900	added	0.81

	TBK	triumph financial inc	4.57	247,580	13,644,100	added	113

	MCK	mckesson corp	4.55	18,560	13,600,100	reduced	-25.39

		koninklijke philips n v	4.06	505,507	12,122,100	new

	CMCSA	comcast corp new	3.72	311,414	11,114,400	added	13.76

		canadian nat res ltd	3.48	331,125	10,397,300	added	2.17

		innovex international inc	3.35	640,625	10,006,600	added	65.85

	IMXI	international mny express in	2.64	782,032	7,890,700	reduced	-5.41

	CACI	caci intl inc	2.02	12,651	6,030,730	new

		berkshire hathaway inc del	1.66	10,187	4,948,650	reduced	-12.74

	AAXJ	ishares tr	1.16	33,191	3,467,800	unchanged	0.00

	AAXJ	ishares tr	0.81	21,872	2,415,110	reduced	-41.29

		sprott inc	0.26	11,129	768,903	new