13F HOLDINGS REPORT
Mraz, Amerine & Associates, Inc.
Quarter ended Q3 2025 · Filed November 6, 2025 · Accession 0001214659-25-016025
Total Value
$642.0M
Positions
188
Other Managers
0
Confidential Omitted
No
Holdings (188)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 163,390 | $82.1M | 12.80% |
| 2 | FAIRFAX FINL HLDGS LTD SUB VTG | FRFFF | 28,968 | $50.7M | 7.89% |
| 3 | BERKLEY W R CORP | WRB-PH | 624,209 | $47.8M | 7.45% |
| 4 | WHITE MTNS INS GROUP LTD | G9618E107 | 22,606 | $37.8M | 5.89% |
| 5 | JEFFERIES FINL GROUP INC | 47233W109 | 568,716 | $37.2M | 5.80% |
| 6 | MARKEL GROUP INC | MKL | 18,677 | $35.7M | 5.56% |
| 7 | LOEWS CORP | L | 256,502 | $25.8M | 4.01% |
| 8 | JANUS DETROIT STR TR | 47103U845 | 383,841 | $19.5M | 3.04% |
| 9 | AMERICAN CENTY ETF TR | 025072877 | 167,186 | $16.6M | 2.59% |
| 10 | BROOKFIELD CORP | 11271J107 | 229,498 | $15.7M | 2.45% |
| 11 | DIMENSIONAL ETF TRUST | 25434V807 | 262,901 | $12.1M | 1.89% |
| 12 | AMERICAN CENTY ETF TR | 025072802 | 132,561 | $11.8M | 1.84% |
| 13 | WISDOMTREE TR | WT | 224,387 | $11.3M | 1.76% |
| 14 | MICROSOFT CORP | MSFT | 18,581 | $9.6M | 1.50% |
| 15 | CANADIAN NAT RES LTD | 136385101 | 226,513 | $7.2M | 1.13% |
| 16 | CREDIT ACCEP CORP MICH | 225310101 | 13,432 | $6.3M | 0.98% |
| 17 | OCCIDENTAL PETE CORP | 674599105 | 132,079 | $6.2M | 0.97% |
| 18 | CENOVUS ENERGY INC | CVE | 366,599 | $6.2M | 0.97% |
| 19 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 7 | $5.3M | 0.82% |
| 20 | JOHNSON & JOHNSON | JNJ | 28,451 | $5.3M | 0.82% |
| 21 | U HAUL HOLDING COMPANY | UHAL-B | 103,103 | $5.2M | 0.82% |
| 22 | AMERICAN CENTY ETF TR | 025072604 | 67,503 | $5.1M | 0.79% |
| 23 | ANTERO RESOURCES CORP | AR | 149,174 | $5.0M | 0.78% |
| 24 | WARNER BROS DISCOVERY INC | WBD | 237,306 | $4.6M | 0.72% |
| 25 | GRAHAM HLDGS CO | GHM | 3,610 | $4.3M | 0.66% |
| 26 | SCHLUMBERGER LTD | SLB | 118,358 | $4.1M | 0.63% |
| 27 | NVR INC | NVR | 487 | $3.9M | 0.61% |
| 28 | APPLE INC | AAPL | 14,746 | $3.8M | 0.58% |
| 29 | LENNAR CORP | LEN-B | 30,944 | $3.7M | 0.58% |
| 30 | ROYCE MICRO-CAP TR INC | RMT | 357,316 | $3.7M | 0.58% |
| 31 | VITESSE ENERGY INC | VTS | 145,056 | $3.4M | 0.52% |
| 32 | SCHWAB CHARLES CORP | SCHW-PJ | 31,122 | $3.0M | 0.46% |
| 33 | TEXAS PACIFIC LAND CORPORATI | TPL | 3,096 | $2.9M | 0.45% |
| 34 | TIDEWATER INC NEW | TDGMW | 49,518 | $2.6M | 0.41% |
| 35 | BURFORD CAP LTD | BUR | 219,664 | $2.6M | 0.41% |
| 36 | VANECK ETF TRUST | 92189H607 | 9,802 | $2.5M | 0.40% |
| 37 | HALLIBURTON CO | HAL | 102,590 | $2.5M | 0.39% |
| 38 | AMGEN INC | AMGN | 8,915 | $2.5M | 0.39% |
| 39 | ST JOE CO | JOE | 50,547 | $2.5M | 0.39% |
| 40 | COTERRA ENERGY INC | CTRA | 104,861 | $2.5M | 0.39% |
| 41 | CUSTOMERS BANCORP INC | CUBB | 37,917 | $2.5M | 0.39% |
| 42 | DIMENSIONAL ETF TRUST | 25434V781 | 68,552 | $2.4M | 0.38% |
| 43 | ALPHA METALLURGICAL RESOUR I | 020764106 | 14,772 | $2.4M | 0.38% |
| 44 | BROADRIDGE FINL SOLUTIONS IN | 11133T103 | 9,939 | $2.4M | 0.37% |
| 45 | FREEPORT-MCMORAN INC | FCX | 58,079 | $2.3M | 0.35% |
| 46 | PGIM ETF TR | 69344A834 | 43,281 | $2.2M | 0.35% |
| 47 | BANK NEW YORK MELLON CORP | 064058100 | 20,270 | $2.2M | 0.34% |
| 48 | EMERSON ELEC CO | EMR | 16,220 | $2.1M | 0.33% |
| 49 | DIVERSIFIED ENERGY COMPANY P | DEC | 150,410 | $2.1M | 0.33% |
| 50 | DIMENSIONAL ETF TRUST | 25434V666 | 63,534 | $2.1M | 0.33% |
| 51 | KOREA FD INC | 500634209 | 68,288 | $2.1M | 0.33% |
| 52 | LUMEN TECHNOLOGIES INC | LUMN | 326,486 | $2.0M | 0.31% |
| 53 | FIRST CTZNS BANCSHARES INC D | 31946M103 | 1,092 | $2.0M | 0.30% |
| 54 | NAVIOS MARITIME PARTNERS L P | NMM | 43,291 | $2.0M | 0.30% |
| 55 | SABINE RTY TR | 785688102 | 23,700 | $1.9M | 0.29% |
| 56 | STAR BULK CARRIERS CORP. | SBLK | 99,687 | $1.9M | 0.29% |
| 57 | CLEVELAND-CLIFFS INC NEW | CLF | 151,430 | $1.8M | 0.29% |
| 58 | CRESCENT ENERGY COMPANY | CRGY | 205,647 | $1.8M | 0.29% |
| 59 | VALARIS LTD | VAL-WT | 37,063 | $1.8M | 0.28% |
| 60 | BLACK STONE MINERALS L P | BSMLP | 134,694 | $1.8M | 0.28% |
| 61 | NOBLE CORP PLC | NE-WT | 61,055 | $1.7M | 0.27% |
| 62 | VANGUARD WHITEHALL FDS | 921946406 | 11,713 | $1.7M | 0.26% |
| 63 | JAPAN SMALLER CAPITALIZATION | JOF | 155,051 | $1.6M | 0.25% |
| 64 | AMBEV SA | ABEV | 711,515 | $1.6M | 0.25% |
| 65 | INVESCO EXCHANGE TRADED FD T | IVZ | 53,346 | $1.6M | 0.24% |
| 66 | CONOCOPHILLIPS | COP | 16,493 | $1.6M | 0.24% |
| 67 | DIMENSIONAL ETF TRUST | 25434V203 | 41,255 | $1.5M | 0.23% |
| 68 | CABLE ONE INC | CABO | 8,409 | $1.5M | 0.23% |
| 69 | DEVON ENERGY CORP NEW | 25179M103 | 41,925 | $1.5M | 0.23% |
| 70 | AMERICAN EXPRESS CO | AXP | 4,355 | $1.4M | 0.23% |
| 71 | CARLISLE COS INC | 142339100 | 4,315 | $1.4M | 0.22% |
| 72 | NUTRIEN LTD | NTR | 24,079 | $1.4M | 0.22% |
| 73 | CHEVRON CORP NEW | CVX | 9,053 | $1.4M | 0.22% |
| 74 | AMERICAN INTL GROUP INC | 026874784 | 17,823 | $1.4M | 0.22% |
| 75 | WILLSCOT HLDGS CORP | WSC | 65,302 | $1.4M | 0.21% |
| 76 | GENERAL AMERN INVS CO INC | 368802104 | 22,081 | $1.4M | 0.21% |
| 77 | ISHARES GOLD TR | IAU | 18,409 | $1.3M | 0.21% |
| 78 | DIMENSIONAL ETF TRUST | 25434V765 | 43,944 | $1.3M | 0.21% |
| 79 | SPROTT ASSET MANAGEMENT LP | SII | 84,725 | $1.3M | 0.21% |
| 80 | ISHARES TR | 46435U374 | 32,593 | $1.3M | 0.20% |
| 81 | MERCK & CO INC | MRK | 14,806 | $1.2M | 0.19% |
| 82 | CALIFORNIA RES CORP | CRC | 22,358 | $1.2M | 0.19% |
| 83 | VANGUARD INDEX FDS | 922908744 | 6,283 | $1.2M | 0.18% |
| 84 | BROADCOM INC | AVGO | 3,400 | $1.1M | 0.17% |
| 85 | SAN JUAN BASIN RTY TR | 798241105 | 184,236 | $1.1M | 0.17% |
| 86 | DORCHESTER MINERALS LP | DMLP | 42,646 | $1.1M | 0.17% |
| 87 | AIR PRODS & CHEMS INC | AIIR | 3,895 | $1.1M | 0.17% |
| 88 | AMERICAN CENTY ETF TR | 025072372 | 17,346 | $995,138 | 0.16% |
| 89 | NVIDIA CORPORATION | NVDA | 5,328 | $994,098 | 0.15% |
| 90 | DUPONT DE NEMOURS INC | DD | 12,018 | $936,215 | 0.15% |
| 91 | SUNCOR ENERGY INC NEW | SU | 22,392 | $936,210 | 0.15% |
| 92 | VANGUARD WHITEHALL FDS | 921946810 | 10,422 | $933,499 | 0.15% |
| 93 | COSTCO WHSL CORP NEW | 22160K105 | 1,004 | $929,333 | 0.14% |
| 94 | ASSURED GUARANTY LTD | AGO | 10,543 | $892,465 | 0.14% |
| 95 | ROYCE SMALL CAP TRUST INC | RVT | 54,025 | $871,421 | 0.14% |
| 96 | CAPITAL SOUTHWEST CORP | CSWC | 39,724 | $868,367 | 0.14% |
| 97 | BRISTOW GROUP INC | VTOL | 23,777 | $857,874 | 0.13% |
| 98 | CORTEVA INC | CTVA | 12,390 | $837,938 | 0.13% |
| 99 | VANGUARD MALVERN FDS | 922020805 | 16,403 | $830,484 | 0.13% |
| 100 | RPM INTL INC | 749685103 | 7,000 | $825,160 | 0.13% |
| 101 | EQT CORP | EQT | 14,912 | $811,672 | 0.13% |
| 102 | NOVARTIS AG | NVSEF | 6,298 | $807,656 | 0.13% |
| 103 | FIFTH THIRD BANCORP | FITBM | 17,880 | $796,554 | 0.12% |
| 104 | IMPERIAL OIL LTD | IMO | 8,630 | $783,086 | 0.12% |
| 105 | WILLIAMS COS INC | 969457100 | 12,345 | $782,056 | 0.12% |
| 106 | LIBERTY MEDIA CORP DEL | FWONB | 6,932 | $724,047 | 0.11% |
| 107 | AMENTUM HOLDINGS INC | AMTM | 29,195 | $699,220 | 0.11% |
| 108 | GENERAL DYNAMICS CORP | GD | 2,033 | $693,253 | 0.11% |
| 109 | OFG BANCORP | OFG | 15,890 | $691,056 | 0.11% |
| 110 | WELLS FARGO CO NEW | 949746101 | 7,951 | $666,472 | 0.10% |
| 111 | TECHNIPFMC PLC | FTI | 16,573 | $653,805 | 0.10% |
| 112 | SOUTHERN CO | SOMN | 6,890 | $652,965 | 0.10% |
| 113 | ABBOTT LABS | ABLZF | 4,727 | $633,134 | 0.10% |
| 114 | ISHARES TR | 464288851 | 6,530 | $604,635 | 0.09% |
| 115 | KRANESHARES TRUST | 500767736 | 30,989 | $597,468 | 0.09% |
| 116 | GREENLIGHT CAPITAL RE LTD | GLRE | 45,860 | $582,422 | 0.09% |
| 117 | US BANCORP DEL | USB-PS | 11,621 | $561,643 | 0.09% |
| 118 | UNIQURE NV | QURE | 9,319 | $543,950 | 0.08% |
| 119 | DIMENSIONAL ETF TRUST | 25434V708 | 13,739 | $529,911 | 0.08% |
| 120 | APPLIED MATLS INC | 038222105 | 2,465 | $504,684 | 0.08% |
| 121 | ILLINOIS TOOL WKS INC | 452308109 | 1,850 | $482,406 | 0.08% |
| 122 | LOCKHEED MARTIN CORP | LMT | 949 | $473,937 | 0.07% |
| 123 | GEOSPACE TECHNOLOGIES CORP | GEOS | 24,081 | $456,576 | 0.07% |
| 124 | VANGUARD SCOTTSDALE FDS | 92206C714 | 5,100 | $455,787 | 0.07% |
| 125 | SPROTT ASSET MANAGEMENT LP | SII | 12,291 | $450,957 | 0.07% |
| 126 | INTERNATIONAL SEAWAYS INC | INSW | 9,749 | $449,234 | 0.07% |
| 127 | RTX CORPORATION | RTX | 2,632 | $440,413 | 0.07% |
| 128 | 3M CO | MMM | 2,650 | $411,227 | 0.06% |
| 129 | AGNICO EAGLE MINES LTD | AEM | 2,433 | $410,106 | 0.06% |
| 130 | HERSHEY CO | HSY | 2,114 | $395,424 | 0.06% |
| 131 | QUALCOMM INC | QCOM | 2,350 | $390,946 | 0.06% |
| 132 | CSW INDUSTRIALS INC | CSW | 1,600 | $388,400 | 0.06% |
| 133 | SEMPRA | SREA | 4,168 | $375,037 | 0.06% |
| 134 | CNA FINL CORP | 126117100 | 8,019 | $372,563 | 0.06% |
| 135 | BANK AMERICA CORP | 060505104 | 7,161 | $369,436 | 0.06% |
| 136 | TESLA INC | TSLA | 801 | $356,221 | 0.06% |
| 137 | ENBRIDGE INC | ENNPF | 6,721 | $339,142 | 0.05% |
| 138 | VANGUARD WHITEHALL FDS | 921946794 | 3,950 | $334,486 | 0.05% |
| 139 | DAILY JOURNAL CORP | DJCO | 689 | $320,481 | 0.05% |
| 140 | PPG INDS INC | 693506107 | 3,000 | $315,330 | 0.05% |
| 141 | MILLROSE PPTYS INC | 601137102 | 8,983 | $301,919 | 0.05% |
| 142 | JPMORGAN CHASE & CO. | VYLD | 921 | $290,578 | 0.05% |
| 143 | SLM CORP | SLMBP | 10,475 | $289,948 | 0.05% |
| 144 | DIMENSIONAL ETF TRUST | 25434V740 | 9,070 | $289,242 | 0.05% |
| 145 | TEXAS INSTRS INC | 882508104 | 1,535 | $282,026 | 0.04% |
| 146 | DOW INC | DOW | 12,060 | $276,541 | 0.04% |
| 147 | EXPAND ENERGY CORPORATION | EXE | 2,601 | $276,330 | 0.04% |
| 148 | EXXON MOBIL CORP | XOM | 2,437 | $274,772 | 0.04% |
| 149 | CROSS TIMBERS RTY TR | 22757R109 | 36,301 | $273,710 | 0.04% |
| 150 | IDT CORP | IDT | 5,218 | $272,954 | 0.04% |
| 151 | VERIZON COMMUNICATIONS INC | VZ | 6,202 | $272,578 | 0.04% |
| 152 | COLGATE PALMOLIVE CO | CL | 3,300 | $263,802 | 0.04% |
| 153 | PNC FINL SVCS GROUP INC | 693475105 | 1,250 | $251,163 | 0.04% |
| 154 | KIMBERLY-CLARK CORP | KMB | 2,000 | $248,680 | 0.04% |
| 155 | VANGUARD SPECIALIZED FUNDS | 921908844 | 1,146 | $247,295 | 0.04% |
| 156 | SYSCO CORP | SYY | 3,000 | $247,020 | 0.04% |
| 157 | ELI LILLY & CO | LLY | 315 | $240,345 | 0.04% |
| 158 | RANGE RES CORP | RRC | 6,330 | $238,261 | 0.04% |
| 159 | U HAUL HOLDING COMPANY | UHAL-B | 4,162 | $237,525 | 0.04% |
| 160 | LITHIA MTRS INC | 536797103 | 751 | $237,425 | 0.04% |
| 161 | VANGUARD TAX-MANAGED FDS | 921943858 | 3,917 | $234,707 | 0.04% |
| 162 | CISCO SYS INC | CSCO | 3,428 | $234,544 | 0.04% |
| 163 | COMCAST CORP NEW | CCZ | 7,427 | $233,356 | 0.04% |
| 164 | ALPHABET INC | GOOG | 944 | $229,486 | 0.04% |
| 165 | ZOETIS INC | ZTS | 1,512 | $221,236 | 0.03% |
| 166 | SOURCE CAPITAL | SOR | 4,667 | $210,108 | 0.03% |
| 167 | ALPHABET INC | GOOG | 853 | $207,813 | 0.03% |
| 168 | WARRIOR MET COAL INC | HCC | 3,150 | $200,466 | 0.03% |
| 169 | NAVIGATOR HLDGS LTD | NVGS | 11,760 | $182,162 | 0.03% |
| 170 | MACYS INC | 55616P104 | 10,000 | $179,300 | 0.03% |
| 171 | STEALTHGAS INC | GASS | 26,500 | $173,575 | 0.03% |
| 172 | UNITED SEC BANCSHARES CALIF | UNTCW | 18,248 | $170,254 | 0.03% |
| 173 | AMBAC FINL GROUP INC | OSG | 18,250 | $152,205 | 0.02% |
| 174 | ORION S.A. | OEC | 16,715 | $126,700 | 0.02% |
| 175 | TETRA TECHNOLOGIES INC DEL | 88162F105 | 22,000 | $126,500 | 0.02% |
| 176 | ARCOS DORADOS HOLDINGS INC | ARCO | 17,665 | $119,239 | 0.02% |
| 177 | VIATRIS INC | VTRS | 11,000 | $108,900 | 0.02% |
| 178 | ANYWHERE REAL ESTATE INC | 75605Y106 | 10,000 | $105,900 | 0.02% |
| 179 | RLJ LODGING TR | RLJ-PA | 14,000 | $100,800 | 0.02% |
| 180 | SPROTT FOCUS TR INC | SII | 10,718 | $89,067 | 0.01% |
| 181 | CRONOS GROUP INC | CRON | 29,825 | $82,914 | 0.01% |
| 182 | TITAN INTL INC ILL | KMCM | 10,940 | $82,706 | 0.01% |
| 183 | ARQ INC | ARQ | 11,300 | $80,908 | 0.01% |
| 184 | SAFE BULKERS INC | SB-PC | 16,500 | $73,260 | 0.01% |
| 185 | DIANA SHIPPING INC | DSX-WT | 33,453 | $56,201 | 0.01% |
| 186 | READING INTL INC | 755408101 | 18,850 | $27,710 | 0.00% |
| 187 | RING ENERGY INC | REI | 20,000 | $21,800 | 0.00% |
| 188 | KOSMOS ENERGY LTD | KOS | 11,200 | $18,592 | 0.00% |