Q1 2026 · 13F-HR
INVESTMENT MANAGEMENT ASSOCIATES INC /ADVholdings as filed
Filed 2026-05-07 · accession 0000052024-26-000002
$419.8M
Reported value
30
Positions
2026-03-31
Period end
The Brief · INVESTMENT MANAGEMENT ASSOCIATES INC /ADV · Q1 2026
AI · grounded in 13F
INVESTMENT MANAGEMENT ASSOCIATES INC /ADV closed its position in CMCSA, reducing exposure by $16.7M. The fund established new positions in BAX for $13.1M and QCOM for $12.9M. Additionally, the fund exited its holding in AAPL, which represented a $847,838 reduction.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 446413106 | HII | HUNTINGTON INGALLS INDS INC | $43.7M | 10.4% | 115,037 | Common | NONE |
| 464287432 | TLT | ISHARES TR | $39.9M | 9.51% | 460,500 | PUT | NONE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $35.5M | 8.46% | 493,786 | Common | NONE |
| 60855R100 | MOH | MOLINA HEALTHCARE INC | $31.1M | 7.40% | 233,152 | Common | NONE |
| 09225M101 | BSM | BLACK STONE MINERALS L P | $28.7M | 6.85% | 1,901,002 | Common | NONE |
| 110448107 | BTI | BRITISH AMERN TOB PLC | $26.3M | 6.27% | 450,133 | Common | NONE |
| 530307305 | LBRDK | LIBERTY BROADBAND CORP | $23.5M | 5.60% | 467,220 | Common | NONE |
| 89679E300 | TFIN | TRIUMPH FINANCIAL INC | $21.1M | 5.03% | 354,002 | Common | NONE |
| 293792107 | EPD | ENTERPRISE PRODS PARTNERS L | $20.4M | 4.86% | 539,017 | Common | NONE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $19.8M | 4.72% | 119,778 | Common | NONE |
| 136385101 | CNQ | CANADIAN NAT RES LTD MED TER | $17.6M | 4.19% | 360,870 | Common | NONE |
| G6683N103 | NU | NU HLDGS LTD | $15.4M | 3.67% | 1,073,617 | Common | NONE |
| 457651107 | INVX | INNOVEX INTERNATIONAL INC | $15.4M | 3.67% | 631,706 | Common | NONE |
| 500472303 | PHG | KONINKLIJKE PHILIPS N V | $14.1M | 3.36% | 515,007 | Common | NONE |
| 071813109 | BAX | BAXTER INTL INC | $13.1M | 3.12% | 778,931 | Common | NONE |
| 747525103 | QCOM | QUALCOMM INC | $12.9M | 3.07% | 100,185 | Common | NONE |
| 78463V107 | GLD | SPDR GOLD TR | $10.8M | 2.56% | 25,000 | CALL | NONE |
| 58155Q103 | MCK | MCKESSON CORP | $9.5M | 2.26% | 10,977 | Common | NONE |
| 83444M101 | SOLV | SOLVENTUM CORP | $7.7M | 1.82% | 117,305 | Common | NONE |
| 127190304 | CACI | CACI INTL INC | $4.2M | 1.01% | 7,767 | Common | NONE |
| 464288679 | SHV | ISHARES TR | $3.9M | 0.93% | 35,212 | Common | NONE |
| 82835W108 | SPRY | ARS PHARMACEUTICALS INC | $2.9M | 0.69% | 359,074 | Common | NONE |
| 852066208 | SII | SPROTT INC | $864,688 | 0.21% | 6,051 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $456,198 | 0.11% | 952 | Common | SOLE |
| 92189F106 | GDX | VANECK ETF TRUST | $321,195 | 0.08% | 3,500 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $208,270 | 0.05% | 1,000 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $174,400 | 0.04% | 1,000 | PUT | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $174,400 | 0.04% | 1,000 | Common | NONE |
| Y3894J187 | IMPP | IMPERIAL PETE INC | $51,360 | 0.01% | 12,000 | Common | SOLE |
| 74915M605 | QVCAQ | QVC GROUP INC | $45,830 | 0.01% | 21,120 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.