Equal-WT
WhaleScore 2.0
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Investment Management Associates is based out of Greenwood Village. Investment Management Associates is a large advisory firm with 316 clients and discretionary assets under management (AUM) of $480,906,139 (Form ADV from 2024-12-19). Their last reported 13F filing for Q4 2024 included $229,113,910 in managed 13F securities
and a top 10 holdings concentration of 80.12%. Investment Management Associates's largest holding is Uber Technologies Inc with shares held of 434,309. Whalewisdom has at least 17 13F filings
Business Description
Investment Management Associates, Inc. (IMA) provides investment advisory services to clients. The firm's advisory business includes determining clients' investment objectives, time horizons, risk tolerance, and liquidity and income needs. IMA reviews clients' prior investment history, family composition, and background to create and manage investments aligned with their goals. Clients are responsible for notifying IMA of any changes in their circumstances that may affect their investment strategy.
IMA provides ongoing investment review and management services once a strategy is implemented. The firm also offers services that benefit both clients and IMA, such as facilitating fee payments from client accounts, assisting with back-office functions, and providing client reporting. Additionally, IMA's custodians offer educational conferences, consulting, and publications to support the firm's business development.
Investment Strategy
Investment Management Associates (IMA) employs a value investing approach, seeking undervalued stocks with analyzable and understandable business drivers. They focus on three attributes: Quality, Valuation, and Growth. Their typical portfolio consists of 20-30 stocks, with individual positions ranging from 2% to 6%. IMA does not engage in market timing or margin trading to minimize risk.
IMA tailors investment strategies to clients' specific objectives, time horizons, risk tolerance, and liquidity and income needs. They consider clients' prior investment history, family composition, and background. IMA provides ongoing investment review and management services, and clients are responsible for promptly notifying of any changes in their goals or income needs.
Known Email Addresses
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Other Contact Information
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2024-12-31
Top Buys (13F)
| Name | % Change |
|---|---|
| BSM Black Stone Minerals | 2.87% |
| IMXI International Money | 1.8% |
| HII Huntington Ingalls I | 1.28% |
| LBRDK Liberty Broadband Co | 0.68% |
| CNQ Canadian Natural Res | 0.13% |
2024-12-31
Top Sells (13F)
| Name | % Change |
|---|---|
| KMI Kinder Morgan Inc | 5.01% |
| GD General Dynamics Cor | 1.95% |
| UBER Uber Technologies In | 1.7% |
| DXC DXC Technology Co | 0.98% |
| SPY SPDR S&P 500 ETF TRU (PUT) | 0.74% |
2024-12-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| UBER Uber Technologies In | 11.43% |
| BSM Black Stone Minerals | 9.84% |
| BTI British American Tob | 9.71% |
| HII Huntington Ingalls I | 9.08% |
| IMXI International Money | 8.18% |
2024-12-31
13F Activity
| Market Value | $229m, Prior: $256m |
| Inflows (Outflows) as % of Total MV | (-5.3381)% |
| New Purchases | 0 stocks |
| Added To | 9 stocks |
| Sold out of | 8 stocks |
| Reduced holdings in | 14 stocks |
| Top 10 Holdings % | 80.12% |
| Turnover %[1] | 22.86% |
| Turnover Alt %[2] | 5.59% |
| Time Held Top 20 | 8.15 quarters |
| Time Held Top 10 | 9.4 quarters |
| Time Held All | 10.67 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-12-31
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-12-31