Investment Management Associates Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), Investment Management Associates Inc. reported 34 stock positions worth $289.3 million. Its top holding was Uber Technologies (UBER) at 12.7% of the portfolio, followed by McKesson (MCK, 9.3%) and Huntington Ingalls Industrie (HII, 8.0%). Compared with Q4 2023, it opened 4 new positions, sold out of 4, added to 10 and reduced 10. The biggest buy was a new position in Triumph Financial (TFIN) and the biggest sale an exit from Triumph Financial.
- Most Recent 13F
- Q2 2026
- Location
- GREENWOOD VILLAGE, CO
- CIK
- 0000052024
- Portfolio Value
- $289.3M (Q1 2024)
- SEC Filing
- 0000052024-24-000002 ↗ filed May 9, 2024
Holdings Value
Holdings 34 stocks · $289.3M
| UBER Uber Technologies Inc. | 12.74% | 478,848 | $36.9M | Reduce -0.3% |
| MCK McKesson Corp. | 9.26% | 49,902 | $26.8M | Reduce -0.5% |
| HII Huntington Ingalls Industrie | 8.04% | 79,782 | $23.3M | Reduce -0.3% |
| IMXI International Money Express | 7.17% | 908,451 | $20.7M | Add +3.0% |
| BSM Black Stone Minerals LP | 6.84% | 1,239,299 | $19.8M | Add +1.5% |
| BTI British American Tob-SP ADR | 6.55% | 620,930 | $18.9M | Add +51.5% |
| VGIT Vanguard Intermediate-Term T | 5.99% | 296,031 | $17.3M | No change |
| EPD Enterprise Products Partners | 5.32% | 527,475 | $15.4M | Add +1.9% |
| PM Philip Morris International | 4.44% | 140,296 | $12.9M | Add +44.9% |
| LBRDK Liberty Broadband-C | 4.35% | 220,165 | $12.6M | Add +199.9% |
| DXC DXC Technology Co. | 4.17% | 568,607 | $12.1M | Reduce -15.6% |
| KMI Kinder Morgan Inc. | 4.11% | 648,388 | $11.9M | Add +22.1% |
| CMCSA Comcast Corp. Class A | 3.37% | 225,196 | $9.8M | Add +1.4% |
| TFIN Triumph Financial Inc. | 2.95% | 107,427 | $8.5M | New |
| GD General Dynamics Corp. | 2.78% | 28,455 | $8.0M | Reduce -0.4% |
| VGLT Vanguard Long-Term Treasury | 1.99% | 97,421 | $5.8M | No change |
| CNQ Canadian Natural Resources | 1.90% | 71,998 | $5.5M | Add +2091.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.58% | 10,896 | $4.6M | Reduce -1.2% |
| MUB iShares National Muni Bond E | 1.23% | 33,191 | $3.6M | Reduce -6.0% |
| QVCG QVC Group Inc. filed as QURATE RETAIL INC | 0.92% | 2,153,766 | $2.6M | Add +4.1% |
| IBTE iShares Ibonds Dec 2024 Term | 0.69% | 83,601 | $2.0M | Reduce -0.0% |
| CAH Cardinal Health Inc. | 0.68% | 17,531 | $2.0M | No change |
| VGSH Vanguard Short-Term Treasury | 0.61% | 30,308 | $1.8M | Reduce -0.0% |
| JFR Nuveen Floating Rate Income | 0.49% | 163,466 | $1.4M | No change |
| LMT Lockheed Martin Corp. | 0.47% | 2,963 | $1.3M | Reduce -0.4% |
| SHV iShares 0-1 Year Treasury Bo | 0.45% | 11,692 | $1.3M | New |
| GOOG Alphabet Inc. Class C | 0.22% | 4,100 | $624K | No change |
| PFE Pfizer Inc. | 0.19% | 19,869 | $551K | No change |
| ABBV Abbvie Inc. | 0.14% | 2,270 | $413K | No change |
| SKT Tanger Inc. | 0.09% | 8,685 | $256K | No change |
| ARCC Ares Capital Corp. | 0.09% | 12,250 | $255K | No change |
| META Meta Platforms Inc. Class A | 0.09% | 515 | $250K | New |
| NVO Novo-Nordisk A/S-Spons ADR | 0.08% | 1,860 | $239K | New |
| ABEV Ambev SA-ADR | 0.01% | 15,000 | $37K | No change |
Options reported separately and not counted above: UBER puts ($701K).
Portfolio Sells Q4 2023 → Q1 2024
| TRIUMPH FINANCIAL INC | Sold out | 0.00% | −3.34 |
| MO Altria Group Inc. | Sold out | 0.00% | −1.82 |
| DXC DXC Technology Co. | Reduce -15.6% | 4.17% | −1.79 |
| CHTR Charter Communications Inc. Class A | Sold out | 0.00% | −1.61 |
| SGOV iShares 0-3 Month Treasury B | Sold out | 0.00% | −0.92 |
| MUB iShares National Muni Bond E | Reduce -6.0% | 1.23% | −0.25 |
| GD General Dynamics Corp. | Reduce -0.4% | 2.78% | −0.09 |
| IBTE iShares Ibonds Dec 2024 Term | Reduce -0.0% | 0.69% | −0.08 |
| VGSH Vanguard Short-Term Treasury | Reduce -0.0% | 0.61% | −0.08 |
| LMT Lockheed Martin Corp. | Reduce -0.4% | 0.47% | −0.06 |
| HII Huntington Ingalls Industrie | Reduce -0.3% | 8.04% | +0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.2% | 1.58% | +0.06 |
| MCK McKesson Corp. | Reduce -0.5% | 9.26% | +0.29 |
| UBER Uber Technologies Inc. | Reduce -0.3% | 12.74% | +1.30 |
Portfolio Buys Q4 2023 → Q1 2024
| TFIN Triumph Financial Inc. | New | 2.95% | +2.95 |
| LBRDK Liberty Broadband-C | Add +199.9% | 4.35% | +2.07 |
| BTI British American Tob-SP ADR | Add +51.5% | 6.55% | +1.90 |
| CNQ Canadian Natural Resources | Add +2091.1% | 1.90% | +1.82 |
| PM Philip Morris International | Add +44.9% | 4.44% | +0.92 |
| KMI Kinder Morgan Inc. | Add +22.1% | 4.11% | +0.49 |
| SHV iShares 0-1 Year Treasury Bo | New | 0.45% | +0.45 |
| QVCG QVC Group Inc. | Add +4.1% | 0.92% | +0.22 |
| META Meta Platforms Inc. Class A | New | 0.09% | +0.09 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.08% | +0.08 |
| EPD Enterprise Products Partners | Add +1.9% | 5.32% | +0.05 |
| IMXI International Money Express | Add +3.0% | 7.17% | −0.36 |
| CMCSA Comcast Corp. Class A | Add +1.4% | 3.37% | −0.39 |
| BSM Black Stone Minerals LP | Add +1.5% | 6.84% | −0.69 |
Options Activity Q4 2023 → Q1 2024
| UBER Uber Technologies Inc. | put | New | 113,100 | $701K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 27 | $393.5M | MOH, UBER, HII, TFIN, BSM |
| Q1 2026 | 27 | $369.0M | HII, UBER, MOH, BSM, BTI |
| Q4 2025 | 26 | $357.6M | HII, MOH, UBER, BTI, BSM |
| Q3 2025 | 27 | $335.9M | UBER, HII, BTI, BSM, MOH |
| Q2 2025 | 26 | $296.7M | UBER, HII, BTI, LBRDK, PM |
| Q1 2025 | 23 | $244.4M | UBER, BTI, BSM, HII, PM |
| Q4 2024 | 26 | $229.0M | UBER, BSM, BTI, HII, IMXI |
| Q3 2024 | 33 | $253.5M | UBER, BTI, HII, BSM, LBRDK |
| Q2 2024 | 33 | $290.7M | UBER, MCK, BTI, HII, BSM |
| Q1 2024 | 34 | $289.3M | UBER, MCK, HII, IMXI, BSM |