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Investment Management Associates Inc. /adv

CIK:0000052024
Investment Adviser
$299M AUM
29 holdings
Greenwood Village, CO, United States
Founded:1977
10 employees
Latest filing:Jun 30, 2025

Investment Management Associates Inc /ADV is a registered investment adviser based in Greenwood Village, Colorado, United States. The firm manages assets for institutional and individual clients and is primarily engaged in providing portfolio management and advisory services. As of 2025, the firm reports hundreds of millions in assets under management and operates with a small team of professionals. Founded prior to 1980, the firm specializes in managing security portfolios and investment advice for a diverse client base.

Investment Strategy

The firm employs a long-term value-oriented investment strategy focused on the allocation and management of equity securities. Their approach entails identifying undervalued companies with solid growth prospects, performing in-depth fundamental research and analysis to construct portfolios diversified across industries. The strategy places emphasis on capital preservation, risk management, and generating positive absolute returns for their clients.

Latest 13F Filing Activity

Investment Management Associates Inc. /adv filed their most recent 13F report on Jun 30, 2025 disclosing 26 equity positions and 3 options positions with a total 13F market value of $299M. The fund increased holdings in Koninklijke Philips N V, Uber Technologies Inc., Solventum Corp. among other positions. Investment Management Associates Inc. /adv reduced exposure to Mckesson Corp., Black Stone Minerals L P, International MNY Express in among others.

Top Buys
P
PHGKONINKLIJKE PHILIPS N V
+$12.1M
U
UBERUBER TECHNOLOGIES INC
+$11.2M
S
SOLVSOLVENTUM CORP
+$9.3M
T
TFINTRIUMPH FINANCIAL INC
+$6.9M
C
CACICACI INTL INC
+$6.0M
Top Sells
M
MCKMCKESSON CORP
-$3.1M
B
BSMBLACK STONE MINERALS L P
-$2.8M
I
IMXIINTERNATIONAL MNY EXPRESS IN
-$2.5M
S
SHVISHARES TR
-$1.7M
E
EPDENTERPRISE PRODS PARTNERS L
-$1.5M

Top Holdings

U
UBERUBER TECHNOLOGIES INC
+14.0%$41.8M
H
HIIHUNTINGTON INGALLS INDS INC
+9.4%$28.2M
B
BTIBRITISH AMERN TOB PLC
+9.3%$27.7M
L
LBRDKLIBERTY BROADBAND CORP
+7.7%$22.9M
P
PMPHILIP MORRIS INTL INC
+7.6%$22.6M

Equity Positions (26)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
UBER TECHNOLOGIES INC13.98%$41.8M447,827$40.98$93.30+$11.2M
HUNTINGTON INGALLS INDS INC9.43%$28.2M116,685$198.17$241.46+$5.1M
BRITISH AMERN TOB PLC9.28%$27.7M585,777$34.95$47.33+$3.3M
LIBERTY BROADBAND CORP7.67%$22.9M232,827$64.08$92.10+$3.7M
PHILIP MORRIS INTL INC7.56%$22.6M123,982$91.41$182.13+$2.8M

Options Positions (3)

TickerSecurityActionTypeNotional ValueContractsUnderlying PricePremium PaidChange (Contracts)Change (Value)
SPDR GOLD TRNew
Call
$841.4K651$304.83$304.83+651+$841.4K
ISHARES TRNew
Put
$723.2K4,597$88.25$88.25+4,597+$723.2K
SPDR S&P 500 ETF TRBought
Put
$533.8K651$617.85$617.85+651+$533.8K

Industry Allocation

CIGARETTES
+14.8%
SERVICES-BUSINESS SERVICES, NEC
+12.8%
CRUDE PETROLEUM & NATURAL GAS
+10.6%
SHIP & BOAT BUILDING & REPAIRING
+9.8%
HOSPITAL & MEDICAL SERVICE PLANS
+8.7%