INVESTMENT MANAGEMENT ASSOCIATES INC /ADV
•CIK: 52024•Filing: Q4 2025
**INVESTMENT MANAGEMENT ASSOCIATES INC /ADV** manages $363M across a concentrated portfolio of 28 holdings. The fund exhibits significant exposure to technology and consumer sectors, anchored by top positions in HII ($39.2M) and MOH ($39.1M). Further notable allocations include UBER ($36.4M) and BMTA ($25.7M), suggesting a focus on established market leaders and growth equities. This structure indicates a tactical, conviction-driven approach to capital deployment.
Total AUM
$357.6M
+ $5.0M in options
QoQ Performance
+6.4%
Positions
26
+ 2 options
Top 10 Concentration
72.0%
Latest Filing
Q4 2025
Top Holdings Allocation
HII
MOH
UBER
BMTA
BSM
TFIN
LBRDK
4I1
HII10.8%
MOH10.8%
UBER10.0%
BMTA7.1%
BSM7.0%
TFIN5.9%
LBRDK5.8%
4I15.3%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other84.6%
Consumer10.0%
Communication4.6%
Technology0.3%
Financial0.3%
Healthcare0.1%
🚪 Exited Positionssold since Q3 2025
Changes from Q3 2025
NEW2 new positions
↑10 increased
↓12 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023