— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

INVESTMENT MANAGEMENT ASSOCIATES INC /ADV

5690 DTC BOULEVARD SUITE 140W, GREENWOOD VILLAGE, CO 80111 • 3037968333

Q3 2025 · Filed 2025-11-06
Market Value
$336M
+13.2%
Holdings
31
+3
New Purchases
5
Added To
8
Closed
4
Reduced
12
Top 10 Concentration
71.2%
Turnover
29.0%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MOH 6.03% 0.00% +6.03% $20M
NU 2.37% 0.00% +2.37% $8M
HUM 1.55% 0.00% +1.55% $5M
ANTM 1.26% 0.00% +1.26% $4M
BSM 7.57% 6.96% +0.61% $25M
HII 9.94% 9.50% +0.44% $33M
QVCGA 0.20% 0.05% +0.15% $656K
INVX 3.50% 3.37% +0.13% $12M
GDX 0.08% 0.00% +0.08% $267K
SHV 0.84% 0.81% +0.03% $3M
PHG 4.09% 4.09% +0.01% $14M
TMO 0.08% 0.08% +0.00% $273K
NVDA 0.11% 0.11% +0.00% $373K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
LBRDK 5.03% 7.72% -2.69% $17M
IMXI 0.00% 2.66% -2.66% $0
PM 5.87% 7.61% -1.74% $20M
UBER 12.98% 14.08% -1.11% $44M
TFIN 3.77% 4.60% -0.82% $13M
EPD 4.98% 5.59% -0.60% $17M
CMCSA 3.16% 3.75% -0.59% $11M
MCK 4.16% 4.58% -0.43% $14M
SOLV 5.63% 6.00% -0.38% $19M
CNQ 3.19% 3.50% -0.31% $11M
BTI 9.06% 9.34% -0.28% $30M
BRK-B 1.40% 1.67% -0.27% $5M
CAH 0.00% 0.25% -0.25% $0
CACI 1.85% 2.03% -0.19% $6M
VOO 0.00% 0.16% -0.16% $0

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Energy 22.3%
Healthcare 21.2%
Technology 14.3%
Consumer Defensive 12.5%
Industrials 11.8%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 5 $25M 7.4%
Large Cap 18 $223M 66.3%
Mid Cap 5 $75M 22.4%
Small Cap 2 $13M 3.8%
Micro Cap 1 $656K 0.2%

Portfolio Analytics

Avg Market Cap
$450.6B
Median Market Cap
$43.9B
Avg P/E
23.8
Median P/E
20.6
Avg Dividend Yield
0.02%
Avg Beta
0.84
# Stocks
27
# ETFs / Funds
4

Top Holdings (31 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 UBER 12.98% 444,952 $44M $97.97 $2M -2,875 -0.6%
2 HII 9.94% 115,932 $33M $287.91 $5M -753 -0.7%
3 BTI 9.06% 573,592 $30M $53.08 $3M -12,185 -2.1%
4 BSM 7.57% 1,934,739 $25M $13.14 $5M +356,852 +22.6%
5 MOH 6.03% 105,787 $20M $191.36 +105,787 NEW
6 PM 5.87% 121,535 $20M $162.20 -$3M -2,447 -2.0%
7 SOLV 5.63% 258,949 $19M $73.00 $1M +24,116 +10.3%
8 LBRDK 5.03% 265,920 $17M $63.54 -$6M +33,093 +14.2%
9 EPD 4.98% 535,444 $17M $31.27 $171K +1,039 +0.2%
10 MCK 4.16% 18,080 $14M $772.53 $367K -480 -2.6%
11 PHG 4.09% 504,362 $14M $27.26 $2M -1,145 -0.2%
12 TFIN 3.77% 253,400 $13M $50.04 -$964K +5,820 +2.4%
13 INVX 3.50% 634,056 $12M $18.54 $2M -6,569 -1.0%
14 CNQ 3.19% 335,252 $11M $31.96 $317K +4,127 +1.2%
15 CMCSA 3.16% 337,699 $11M $31.42 -$504K +26,285 +8.4%
16 NU 2.37% 498,340 $8M $16.01 +498,340 NEW
17 CACI 1.85% 12,435 $6M $498.78 $172K -216 -1.7%
18 HUM 1.55% 19,966 $5M $260.17 +19,966 NEW
19 BRK-B 1.40% 9,369 $5M $502.75 -$238K -818 -8.0%
20 ANTM 1.26% 13,108 $4M $323.11 +13,108 NEW
21 MUB 1.05% 33,191 $4M $106.49 $67K
22 SHV 0.84% 25,593 $3M $110.49 $413K +3,721 +17.0%
23 SII 0.26% 10,445 $869K $83.19 $100K -684 -6.2%
24 QVCGA 0.20% 48,599 $656K $13.49 $520K -642 -1.3%
25 NVDA 0.11% 2,000 $373K $186.58 $52K -30 -1.5%
26 TMO 0.08% 563 $273K $485.02 $45K
27 GDX 0.08% 3,500 $267K $76.40 +3,500 NEW
28 CAH —% -$732K -4,357 -100.0% SOLD
29 IMXI —% -$8M -782,032 -100.0% SOLD
30 VOO —% -$462K -813 -100.0% SOLD
31 AAPL —% -$229K -1,116 -100.0% SOLD

Options Breakdown

1 Calls $3M Call Value 2 Puts $904K Put Value 0.35 P/C Ratio

Top Calls

SymbolSharesValueStatus
GLD 65,100 $3M

Top Puts

SymbolSharesValueStatus
SPY 296,900 $551K
TLT 459,700 $354K

New Positions

SymbolValue% Port
MOH $20M 6.03%
NU $8M 2.37%
HUM $5M 1.55%
ANTM $4M 1.26%
GDX $267K 0.08%

Sold Out Positions

SymbolValue% Port
CAH —%
IMXI —%
AAPL —%
VOO —%
View SEC EDGAR Filings for INVESTMENT MANAGEMENT ASSOCIATES INC /ADV →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms