13F HOLDINGS REPORT
Mraz, Amerine & Associates, Inc.
Quarter ended Q4 2025 · Filed February 6, 2026 · Accession 0001214659-26-001286
Total Value
$673.0M
Positions
192
Other Managers
0
Confidential Omitted
No
Holdings (192)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 161,376 | $81.1M | 12.05% |
| 2 | FAIRFAX FINL HLDGS LTD SUB VTG | FRFFF | 29,116 | $55.5M | 8.25% |
| 3 | WHITE MTNS INS GROUP LTD | G9618E107 | 22,629 | $47.0M | 6.99% |
| 4 | BERKLEY W R CORP | WRB-PH | 633,285 | $44.4M | 6.60% |
| 5 | MARKEL GROUP INC | MKL | 18,938 | $40.7M | 6.05% |
| 6 | WISDOMTREE TR | WT | 718,735 | $36.2M | 5.37% |
| 7 | JEFFERIES FINL GROUP INC | 47233W109 | 578,763 | $35.9M | 5.33% |
| 8 | LOEWS CORP | L | 254,577 | $26.8M | 3.98% |
| 9 | BROOKFIELD CORP | 11271J107 | 401,542 | $18.4M | 2.74% |
| 10 | AMERICAN CENTY ETF TR | 025072877 | 168,418 | $17.2M | 2.55% |
| 11 | DIMENSIONAL ETF TRUST | 25434V807 | 267,218 | $13.3M | 1.98% |
| 12 | AMERICAN CENTY ETF TR | 025072802 | 133,253 | $12.5M | 1.86% |
| 13 | MICROSOFT CORP | MSFT | 18,243 | $8.8M | 1.31% |
| 14 | CANADIAN NAT RES LTD | 136385101 | 235,705 | $8.0M | 1.19% |
| 15 | CENOVUS ENERGY INC | CVE | 363,218 | $6.1M | 0.91% |
| 16 | CREDIT ACCEP CORP MICH | 225310101 | 13,235 | $5.9M | 0.87% |
| 17 | JOHNSON & JOHNSON | JNJ | 28,347 | $5.9M | 0.87% |
| 18 | AMERICAN CENTY ETF TR | 025072604 | 72,483 | $5.6M | 0.83% |
| 19 | OCCIDENTAL PETE CORP | 674599105 | 131,972 | $5.4M | 0.81% |
| 20 | ALPHA METALLURGICAL RESOUR | 020764106 | 26,439 | $5.3M | 0.79% |
| 21 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 7 | $5.3M | 0.79% |
| 22 | U HAUL HOLDING COMPANY | UHAL-B | 111,178 | $5.2M | 0.77% |
| 23 | ANTERO RESOURCES CORP | AR | 150,769 | $5.2M | 0.77% |
| 24 | SLB LIMITED | SLB | 120,302 | $4.6M | 0.69% |
| 25 | APPLE INC | AAPL | 14,731 | $4.0M | 0.60% |
| 26 | GRAHAM HLDGS CO | GHM | 3,576 | $3.9M | 0.58% |
| 27 | ROYCE MICRO-CAP TR INC | RMT | 355,378 | $3.7M | 0.55% |
| 28 | NVR INC | NVR | 503 | $3.7M | 0.55% |
| 29 | WARNER BROS DISCOVERY INC | WBD | 115,555 | $3.3M | 0.49% |
| 30 | BURFORD CAP LTD | BUR | 363,570 | $3.2M | 0.48% |
| 31 | LENNAR CORP | LEN-B | 32,606 | $3.1M | 0.46% |
| 32 | SCHWAB CHARLES CORP | SCHW-PJ | 30,923 | $3.1M | 0.46% |
| 33 | ST JOE CO | JOE | 50,127 | $3.0M | 0.44% |
| 34 | FREEPORT-MCMORAN INC | FCX | 57,300 | $2.9M | 0.43% |
| 35 | HALLIBURTON CO | HAL | 102,692 | $2.9M | 0.43% |
| 36 | AMGEN INC | AMGN | 8,795 | $2.9M | 0.43% |
| 37 | VANECK ETF TRUST | 92189H607 | 9,974 | $2.8M | 0.42% |
| 38 | VITESSE ENERGY INC | VTS | 144,419 | $2.8M | 0.41% |
| 39 | CUSTOMERS BANCORP INC | CUBB | 37,448 | $2.7M | 0.41% |
| 40 | COTERRA ENERGY INC | CTRA | 103,801 | $2.7M | 0.41% |
| 41 | ISHARES TR | 46434V860 | 52,796 | $2.7M | 0.40% |
| 42 | DIMENSIONAL ETF TRUST | 25434V781 | 68,552 | $2.6M | 0.39% |
| 43 | TIDEWATER INC NEW | TDGMW | 49,963 | $2.5M | 0.37% |
| 44 | KOREA FD INC | 500634209 | 68,288 | $2.5M | 0.37% |
| 45 | LUMEN TECHNOLOGIES INC | LUMN | 315,484 | $2.5M | 0.36% |
| 46 | TEXAS PACIFIC LAND | TPL | 8,478 | $2.4M | 0.36% |
| 47 | BANK NEW YORK MELLON CORP | 064058100 | 20,270 | $2.4M | 0.35% |
| 48 | FIRST CTZNS BANCSHARES INC | 31946M103 | 1,086 | $2.3M | 0.35% |
| 49 | NAVIOS MARITIME PARTNERS L | NMM | 43,226 | $2.3M | 0.34% |
| 50 | BROADRIDGE FINL SOLUTIONS | 11133T103 | 9,939 | $2.2M | 0.33% |
| 51 | DIVERSIFIED ENERGY CO | DEC | 149,815 | $2.2M | 0.32% |
| 52 | EMERSON ELEC CO | EMR | 15,748 | $2.1M | 0.31% |
| 53 | DIMENSIONAL ETF TRUST | 25434V666 | 60,709 | $2.1M | 0.31% |
| 54 | WILLSCOT HLDGS CORP | WSC | 108,217 | $2.0M | 0.30% |
| 55 | SPROTT ASSET MANAGEMENT LP | SII | 84,725 | $2.0M | 0.30% |
| 56 | JAPAN SMALLER | JOF | 174,710 | $1.9M | 0.29% |
| 57 | STAR BULK CARRIERS CORP. | SBLK | 98,101 | $1.9M | 0.28% |
| 58 | VALARIS LTD | VAL-WT | 37,119 | $1.9M | 0.28% |
| 59 | AMENTUM HOLDINGS INC | AMTM | 64,228 | $1.9M | 0.28% |
| 60 | CRESCENT ENERGY COMPANY | CRGY | 217,810 | $1.8M | 0.27% |
| 61 | BLACK STONE MINERALS L P | BSMLP | 133,651 | $1.8M | 0.26% |
| 62 | AMBEV SA | ABEV | 706,674 | $1.7M | 0.26% |
| 63 | NOBLE CORP PLC | NE-WT | 60,398 | $1.7M | 0.25% |
| 64 | AMERICAN INTL GROUP INC | 026874784 | 19,701 | $1.7M | 0.25% |
| 65 | VANGUARD WHITEHALL FDS | 921946406 | 11,551 | $1.7M | 0.25% |
| 66 | SABINE RTY TR | 785688102 | 23,700 | $1.6M | 0.24% |
| 67 | MERCK & CO INC | MRK | 15,208 | $1.6M | 0.24% |
| 68 | AMERICAN EXPRESS CO | AXP | 4,305 | $1.6M | 0.24% |
| 69 | DEVON ENERGY CORP NEW | 25179M103 | 42,783 | $1.6M | 0.23% |
| 70 | DIMENSIONAL ETF TRUST | 25434V203 | 41,022 | $1.6M | 0.23% |
| 71 | INVESCO EXCHANGE TRADED FD | IVZ | 55,902 | $1.6M | 0.23% |
| 72 | CONOCOPHILLIPS | COP | 16,455 | $1.5M | 0.23% |
| 73 | NUTRIEN LTD | NTR | 23,408 | $1.4M | 0.21% |
| 74 | ISHARES GOLD TR | IAU | 17,744 | $1.4M | 0.21% |
| 75 | CHEVRON CORP NEW | CVX | 9,053 | $1.4M | 0.21% |
| 76 | DIMENSIONAL ETF TRUST | 25434V765 | 43,447 | $1.4M | 0.20% |
| 77 | ISHARES TR | 46435U374 | 33,069 | $1.3M | 0.20% |
| 78 | GENERAL AMERN INVS CO INC | 368802104 | 22,074 | $1.3M | 0.19% |
| 79 | CARLISLE COS INC | 142339100 | 4,015 | $1.3M | 0.19% |
| 80 | BROADCOM INC | AVGO | 3,400 | $1.2M | 0.17% |
| 81 | VANGUARD INDEX FDS | 922908744 | 6,088 | $1.2M | 0.17% |
| 82 | SAN JUAN BASIN RTY TR | 798241105 | 184,236 | $1.0M | 0.15% |
| 83 | AMERICAN CENTY ETF TR | 025072372 | 17,273 | $1.0M | 0.15% |
| 84 | CALIFORNIA RES CORP | CRC | 22,510 | $1.0M | 0.15% |
| 85 | SUNCOR ENERGY INC NEW | SU | 22,392 | $993,309 | 0.15% |
| 86 | NVIDIA CORPORATION | NVDA | 5,285 | $985,653 | 0.15% |
| 87 | AIR PRODS & CHEMS INC | AIIR | 3,908 | $965,330 | 0.14% |
| 88 | DORCHESTER MINERALS LP | DMLP | 42,678 | $954,279 | 0.14% |
| 89 | VANGUARD WHITEHALL FDS | 921946810 | 10,384 | $949,617 | 0.14% |
| 90 | ASSURED GUARANTY LTD | AGO | 10,101 | $907,777 | 0.13% |
| 91 | NOVARTIS AG | NVSEF | 6,298 | $868,305 | 0.13% |
| 92 | BRISTOW GROUP INC | VTOL | 23,577 | $863,390 | 0.13% |
| 93 | ROYCE SMALL CAP TRUST INC | RVT | 52,111 | $838,985 | 0.12% |
| 94 | FIFTH THIRD BANCORP | FITBM | 17,880 | $836,963 | 0.12% |
| 95 | CORTEVA INC | CTVA | 12,390 | $830,504 | 0.12% |
| 96 | COSTCO WHSL CORP NEW | 22160K105 | 962 | $829,571 | 0.12% |
| 97 | EQT CORP | EQT | 14,917 | $799,542 | 0.12% |
| 98 | VANGUARD MALVERN FDS | 922020805 | 15,784 | $780,677 | 0.12% |
| 99 | IMPERIAL OIL LTD | IMO | 8,630 | $744,855 | 0.11% |
| 100 | TECHNIPFMC PLC | FTI | 16,481 | $734,393 | 0.11% |
| 101 | RPM INTL INC | 749685103 | 7,000 | $728,000 | 0.11% |
| 102 | WELLS FARGO CO NEW | 949746101 | 7,740 | $721,389 | 0.11% |
| 103 | WILLIAMS COS INC | 969457100 | 11,820 | $710,500 | 0.11% |
| 104 | GENERAL DYNAMICS CORP | GD | 2,025 | $681,737 | 0.10% |
| 105 | LIBERTY MEDIA CORP DEL | FWONB | 6,789 | $668,784 | 0.10% |
| 106 | GREENLIGHT CAPITAL RE LTD | GLRE | 45,710 | $666,452 | 0.10% |
| 107 | OFG BANCORP | OFG | 15,890 | $651,172 | 0.10% |
| 108 | CAPITAL SOUTHWEST CORP | CSWC | 28,910 | $640,357 | 0.10% |
| 109 | US BANCORP DEL | USB-PS | 11,586 | $618,229 | 0.09% |
| 110 | CABLE ONE INC | CABO | 5,393 | $608,629 | 0.09% |
| 111 | SOUTHERN CO | SOMN | 6,890 | $600,808 | 0.09% |
| 112 | KRANESHARES TRUST | 500767736 | 30,989 | $593,749 | 0.09% |
| 113 | ABBOTT LABS | ABLZF | 4,727 | $592,246 | 0.09% |
| 114 | ISHARES TR | 464288851 | 6,436 | $574,446 | 0.09% |
| 115 | SPROTT ASSET MANAGEMENT LP | SII | 12,291 | $562,928 | 0.08% |
| 116 | DIMENSIONAL ETF TRUST | 25434V708 | 13,419 | $531,258 | 0.08% |
| 117 | APPLIED MATLS INC | 038222105 | 2,055 | $528,114 | 0.08% |
| 118 | QNITY ELECTRONICS INC | Q | 6,009 | $490,635 | 0.07% |
| 119 | DUPONT DE NEMOURS INC | DD | 12,018 | $483,130 | 0.07% |
| 120 | INTERNATIONAL SEAWAYS INC | INSW | 9,749 | $473,314 | 0.07% |
| 121 | VANGUARD SCOTTSDALE FDS | 92206C714 | 5,100 | $470,730 | 0.07% |
| 122 | LOCKHEED MARTIN CORP | LMT | 949 | $459,223 | 0.07% |
| 123 | RTX CORPORATION | RTX | 2,493 | $457,216 | 0.07% |
| 124 | ILLINOIS TOOL WKS INC | 452308109 | 1,850 | $455,655 | 0.07% |
| 125 | 3M CO | MMM | 2,650 | $424,265 | 0.06% |
| 126 | AGNICO EAGLE MINES LTD | AEM | 2,433 | $412,466 | 0.06% |
| 127 | GEOSPACE TECHNOLOGIES CORP | GEOS | 24,081 | $407,210 | 0.06% |
| 128 | BANK AMERICA CORP | 060505104 | 7,161 | $393,855 | 0.06% |
| 129 | HERSHEY CO | HSY | 2,114 | $384,706 | 0.06% |
| 130 | SEMPRA | SREA | 4,168 | $367,993 | 0.05% |
| 131 | TESLA INC | TSLA | 801 | $360,226 | 0.05% |
| 132 | VANGUARD WHITEHALL FDS | 921946794 | 3,950 | $355,500 | 0.05% |
| 133 | CNA FINL CORP | 126117100 | 7,394 | $352,990 | 0.05% |
| 134 | DAILY JOURNAL CORP | DJCO | 689 | $335,763 | 0.05% |
| 135 | QUALCOMM INC | QCOM | 1,910 | $326,706 | 0.05% |
| 136 | PPG INDS INC | 693506107 | 3,000 | $307,380 | 0.05% |
| 137 | DIMENSIONAL ETF TRUST | 25434V740 | 9,070 | $306,022 | 0.05% |
| 138 | CSW INDUSTRIALS INC | CSW | 1,030 | $302,336 | 0.04% |
| 139 | JPMORGAN CHASE & CO. | VYLD | 911 | $293,702 | 0.04% |
| 140 | ALPHABET INC | GOOG | 933 | $292,029 | 0.04% |
| 141 | EXXON MOBIL CORP | XOM | 2,415 | $290,621 | 0.04% |
| 142 | EXPAND ENERGY CORPORATION | EXE | 2,601 | $287,046 | 0.04% |
| 143 | CROSS TIMBERS RTY TR | 22757R109 | 36,301 | $286,778 | 0.04% |
| 144 | JANUS DETROIT STR TR | 47103U845 | 5,652 | $285,855 | 0.04% |
| 145 | SLM CORP | SLMBP | 10,475 | $283,454 | 0.04% |
| 146 | DOW INC | DOW | 12,060 | $281,969 | 0.04% |
| 147 | WARRIOR MET COAL INC | HCC | 3,150 | $277,736 | 0.04% |
| 148 | IDT CORP | IDT | 5,218 | $267,214 | 0.04% |
| 149 | TEXAS INSTRS INC | 882508104 | 1,535 | $266,307 | 0.04% |
| 150 | PNC FINL SVCS GROUP INC | 693475105 | 1,250 | $260,913 | 0.04% |
| 151 | COLGATE PALMOLIVE CO | CL | 3,300 | $260,766 | 0.04% |
| 152 | VERIZON COMMUNICATIONS INC | VZ | 6,202 | $252,607 | 0.04% |
| 153 | VANGUARD SPECIALIZED FUNDS | 921908844 | 1,146 | $251,868 | 0.04% |
| 154 | LITHIA MTRS INC | 536797103 | 751 | $249,719 | 0.04% |
| 155 | VANGUARD TAX-MANAGED FDS | 921943858 | 3,917 | $244,695 | 0.04% |
| 156 | ELI LILLY & CO | LLY | 225 | $241,803 | 0.04% |
| 157 | ENBRIDGE INC | ENNPF | 5,026 | $240,394 | 0.04% |
| 158 | MICRON TECHNOLOGY INC | MU | 800 | $228,328 | 0.03% |
| 159 | RANGE RES CORP | RRC | 6,330 | $223,196 | 0.03% |
| 160 | COMCAST CORP NEW | CCZ | 7,427 | $221,993 | 0.03% |
| 161 | SYSCO CORP | SYY | 3,000 | $221,070 | 0.03% |
| 162 | MACYS INC | 55616P104 | 10,000 | $220,500 | 0.03% |
| 163 | UNITED THERAPEUTICS CORP | UTHR | 450 | $219,263 | 0.03% |
| 164 | CISCO SYS INC | CSCO | 2,825 | $217,610 | 0.03% |
| 165 | SPDR GOLD TR | GLD | 543 | $215,196 | 0.03% |
| 166 | U HAUL HOLDING COMPANY | UHAL-B | 4,156 | $209,504 | 0.03% |
| 167 | TARGA RES CORP | TRGP | 1,125 | $207,563 | 0.03% |
| 168 | TETRA TECHNOLOGIES INC DEL | 88162F105 | 22,000 | $206,140 | 0.03% |
| 169 | NAVIGATOR HLDGS LTD | NVGS | 11,760 | $203,683 | 0.03% |
| 170 | UNIQURE NV | QURE | 8,495 | $203,285 | 0.03% |
| 171 | RIO TINTO PLC | RTNTF | 2,531 | $202,556 | 0.03% |
| 172 | KIMBERLY-CLARK CORP | KMB | 2,000 | $201,780 | 0.03% |
| 173 | MILLROSE PPTYS INC | 601137102 | 6,750 | $201,623 | 0.03% |
| 174 | STEALTHGAS INC | GASS | 26,500 | $186,030 | 0.03% |
| 175 | UNITED SEC BANCSHARES CALIF | UNTCW | 18,248 | $183,757 | 0.03% |
| 176 | ORION S.A. | OEC | 32,655 | $172,418 | 0.03% |
| 177 | OCTAVE SPECIALTY GROUP INC | OSG | 18,950 | $147,431 | 0.02% |
| 178 | ARCOS DORADOS HOLDINGS INC | ARCO | 19,665 | $144,341 | 0.02% |
| 179 | ANYWHERE REAL ESTATE INC | 75605Y106 | 10,000 | $141,600 | 0.02% |
| 180 | VIATRIS INC | VTRS | 11,000 | $136,950 | 0.02% |
| 181 | SABLE OFFSHORE CORP | SOC | 13,629 | $122,934 | 0.02% |
| 182 | RLJ LODGING TR | RLJ-PA | 14,000 | $104,300 | 0.02% |
| 183 | SPROTT FOCUS TR INC | SII | 10,718 | $93,032 | 0.01% |
| 184 | TITAN INTL INC ILL | KMCM | 10,940 | $85,660 | 0.01% |
| 185 | SAFE BULKERS INC | SB-PC | 16,500 | $79,530 | 0.01% |
| 186 | CRONOS GROUP INC | CRON | 29,825 | $78,440 | 0.01% |
| 187 | DIANA SHIPPING INC | DSX-WT | 33,453 | $55,532 | 0.01% |
| 188 | ARQ INC | ARQ | 11,300 | $36,951 | 0.01% |
| 189 | READING INTL INC | 755408101 | 18,850 | $19,793 | 0.00% |
| 190 | RING ENERGY INC | REI | 20,000 | $17,400 | 0.00% |
| 191 | LARGO INC | LGO | 13,850 | $12,980 | 0.00% |
| 192 | KOSMOS ENERGY LTD | KOS | 11,200 | $10,163 | 0.00% |