Fund Holdings

INVESTMENT MANAGEMENT ASSOCIATES INC /ADV

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
ISHARES TR(Put)460,500460,5000250,14239,920,745+39,670,603
BAXTER INTL INC0778,931+778,931013,086,0413.55%+13,086,041
QUALCOMM INC(QCOM)0100,185+100,185012,901,8073.50%+12,901,807
SPDR GOLD TR(GLD)(Call)65,10025,000-40,1004,778,66310,757,250+5,978,587
CANADIAN NAT RES LTD MED TER(CNQ)358,299360,870+2,57112,128,42017,585,1884.77%+5,456,768
HUNTINGTON INGALLS INDS INC(HII)115,377115,037-34039,236,21043,702,65811.84%+4,466,448
BLACK STONE MINERALS L P(BSM)1,902,4211,901,002-1,41925,283,18128,743,1487.79%+3,459,967
ENTERPRISE PRODS PARTNERS L(EPD)530,324539,017+8,69317,002,19220,396,4165.53%+3,394,224
LIBERTY BROADBAND CORP(LBRDA)429,284467,220+37,93620,863,20223,501,1666.37%+2,637,964
INNOVEX INTERNATIONAL INC(INVX)631,686631,706+2013,814,97315,407,3094.18%+1,592,336
BRITISH AMERN TOB PLC(BTI)453,806450,133-3,67325,694,51026,319,2517.13%+624,741
PHILIP MORRIS INTL INC(PM)120,586119,778-80819,341,94519,804,1015.37%+462,156
MCKESSON CORP(MCK)11,04510,977-689,059,8789,498,8762.57%+438,998
KONINKLIJKE PHILIPS N V(PHG)507,264515,007+7,74313,736,70914,111,1923.82%+374,483
ISHARES TR33,06535,212+2,1473,642,1243,886,9991.05%+244,875
AMAZON COM INC(AMZN)01,000+1,0000208,2700.06%+208,270
NVIDIA CORPORATION(NVDA)(Put)01,000+1,0000174,400+174,400
IMPERIAL PETE INC
COM NEW
012,000+12,000051,3600.01%+51,360
VANECK ETF TRUST
GOLD MINERS ETF
3,5003,5000300,195321,1950.09%+21,000
NU HLDGS LTD(NU)928,7231,073,617+144,89415,546,82315,427,8764.18%-118,947
SPROTT INC(SII)10,3576,051-4,3061,014,157864,6880.23%-149,469
QVC GROUP INC21,36921,120-249223,52045,8300.01%-177,690
TRIUMPH FINANCIAL INC340,161354,002+13,84121,304,28321,119,7595.72%-184,524
NVIDIA CORPORATION(NVDA)2,0001,000-1,000373,000174,4000.05%-198,600
THERMO FISHER SCIENTIFIC INC(TMO)5630-563326,2300-326,230
BERKSHIRE HATHAWAY INC DEL2,136952-1,1841,073,779456,1980.12%-617,581
ARS PHARMACEUTICALS INC311,503359,074+47,5713,629,0102,883,3640.78%-745,646
APPLE INC(AAPL)3,1190-3,119847,8380-847,838
UBER TECHNOLOGIES INC(UBER)445,912493,786+47,87436,435,47035,518,0279.63%-917,443
CACI INTL INC(CACI)12,3917,767-4,6246,602,0494,224,2381.14%-2,377,811
SOLVENTUM CORP(SOLV)180,097117,305-62,79214,270,8867,660,0172.08%-6,610,869
MOLINA HEALTHCARE INC(MOH)225,536233,152+7,61639,139,51731,079,1628.42%-8,060,355
COMCAST CORP NEW(CCZ)558,3670-558,36716,689,5960-16,689,596
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