Mraz, Amerine & Associates, Inc. Q4 2025 Filing

Filed February 6, 2026

Portfolio Value

$673.0B

Holdings

192

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (192 positions)

#StockSharesValue% PortfolioType
1
BRK/BBERKSHIRE HATHAWAY INC DEL
161,376$81.1B12.05%
2
FFHFAIRFAX FINL HLDGS LTD SUB VTG
29,116$55.5B8.25%
3
WTMWHITE MTNS INS GROUP LTD
22,629$47.0B6.99%
4
WRBBERKLEY W R CORP
633,285$44.4B6.60%
5
MKLMARKEL GROUP INC
18,938$40.7B6.05%
6
USFRWISDOMTREE TR
718,735$36.2B5.37%
7
JEFJEFFERIES FINL GROUP INC
578,763$35.9B5.33%
8
LLOEWS CORP
254,577$26.8B3.98%
9
BNBROOKFIELD CORP
401,542$18.4B2.74%
10
AVUVAMERICAN CENTY ETF TR
168,418$17.2B2.55%
11
DFIVDIMENSIONAL ETF TRUST
267,218$13.3B1.98%
12
AVDVAMERICAN CENTY ETF TR
133,253$12.5B1.86%
13
MSFTMICROSOFT CORP
18,243$8.8B1.31%
14
CRCCANADIAN NAT RES LTD
235,705$8.0B1.19%
15
CVECENOVUS ENERGY INC
363,218$6.1B0.91%
16
CACCCREDIT ACCEP CORP MICH
13,235$5.9B0.87%
17
JNJJOHNSON & JOHNSON
28,347$5.9B0.87%
18
AVEMAMERICAN CENTY ETF TR
72,483$5.6B0.83%
19
OXYOCCIDENTAL PETE CORP
131,972$5.4B0.81%
20
AMRALPHA METALLURGICAL RESOUR
26,439$5.3B0.79%
21
BRK-BBERKSHIRE HATHAWAY INC DEL
7$5.3B0.78%
22
UHAL/BU HAUL HOLDING COMPANY
111,178$5.2B0.77%
23
ARANTERO RESOURCES CORP
150,769$5.2B0.77%
24
SLBSLB LIMITED
120,302$4.6B0.69%
25
AAPLAPPLE INC
14,731$4.0B0.59%
26
GHCGRAHAM HLDGS CO
3,576$3.9B0.58%
27
RMTROYCE MICRO-CAP TR INC
355,378$3.7B0.55%
28
NVRNVR INC
503$3.7B0.55%
29
WBDWARNER BROS DISCOVERY INC
115,555$3.3B0.49%
30
BURBURFORD CAP LTD
363,570$3.2B0.48%
31
LENLENNAR CORP
32,606$3.1B0.46%
32
SCHWSCHWAB CHARLES CORP
30,923$3.1B0.46%
33
JOEST JOE CO
50,127$3.0B0.44%
34
FCXFREEPORT-MCMORAN INC
57,300$2.9B0.43%
35
HALHALLIBURTON CO
102,692$2.9B0.43%
36
AMGNAMGEN INC
8,795$2.9B0.43%
37
OIHVANECK ETF TRUST
9,974$2.8B0.42%
38
VTSVITESSE ENERGY INC
144,419$2.8B0.41%
39
CUBICUSTOMERS BANCORP INC
37,448$2.7B0.41%
40
CTRACOTERRA ENERGY INC
103,801$2.7B0.41%
41
TFLOISHARES TR
52,796$2.7B0.40%
42
DISVDIMENSIONAL ETF TRUST
68,552$2.6B0.39%
43
TDWTIDEWATER INC NEW
49,963$2.5B0.37%
44
KFKOREA FD INC
68,288$2.5B0.37%
45
LUMNLUMEN TECHNOLOGIES INC
315,484$2.5B0.36%
46
TPLTEXAS PACIFIC LAND
8,478$2.4B0.36%
47
BKBANK NEW YORK MELLON CORP
20,270$2.4B0.35%
48
FCNCAFIRST CTZNS BANCSHARES INC
1,086$2.3B0.35%
49
NMMNAVIOS MARITIME PARTNERS L
43,226$2.3B0.34%
50
BRBROADRIDGE FINL SOLUTIONS
9,939$2.2B0.33%
51
DECDIVERSIFIED ENERGY CO
149,815$2.2B0.32%
52
EMREMERSON ELEC CO
15,748$2.1B0.31%
53
DFLVDIMENSIONAL ETF TRUST
60,709$2.1B0.31%
54
WSCWILLSCOT HLDGS CORP
108,217$2.0B0.30%
55
PSLV/USPROTT ASSET MANAGEMENT LP
84,725$2.0B0.30%
56
JOFJAPAN SMALLER
174,710$1.9B0.29%
57
SBLKSTAR BULK CARRIERS CORP.
98,101$1.9B0.28%
58
VALVALARIS LTD
37,119$1.9B0.28%
59
AMTMAMENTUM HOLDINGS INC
64,228$1.9B0.28%
60
CRGYCRESCENT ENERGY COMPANY
217,810$1.8B0.27%
61
BSMBLACK STONE MINERALS L P
133,651$1.8B0.26%
62
ABEVAMBEV SA
706,674$1.7B0.26%
63
NENOBLE CORP PLC
60,398$1.7B0.25%
64
AIGAMERICAN INTL GROUP INC
19,701$1.7B0.25%
65
VYMVANGUARD WHITEHALL FDS
11,551$1.7B0.25%
66
SBRSABINE RTY TR
23,700$1.6B0.24%
67
MRKMERCK & CO INC
15,208$1.6B0.24%
68
AXPAMERICAN EXPRESS CO
4,305$1.6B0.24%
69
DVNDEVON ENERGY CORP NEW
42,783$1.6B0.23%
70
DFAIDIMENSIONAL ETF TRUST
41,022$1.6B0.23%
71
PXEINVESCO EXCHANGE TRADED FD
55,902$1.6B0.23%
72
COPCONOCOPHILLIPS
16,455$1.5B0.23%
73
NTRNUTRIEN LTD
23,408$1.4B0.21%
74
IAU*ISHARES GOLD TR
17,744$1.4B0.21%
75
CVXCHEVRON CORP NEW
9,053$1.4B0.20%
76
DIHPDIMENSIONAL ETF TRUST
43,447$1.4B0.20%
77
EWJVISHARES TR
33,069$1.3B0.20%
78
GAMGENERAL AMERN INVS CO INC
22,074$1.3B0.19%
79
CSLCARLISLE COS INC
4,015$1.3B0.19%
80
AVGOBROADCOM INC
3,400$1.2B0.17%
81
VTVVANGUARD INDEX FDS
6,088$1.2B0.17%
82
SJTSAN JUAN BASIN RTY TR
184,236$1.0B0.15%
83
AVESAMERICAN CENTY ETF TR
17,273$1.0B0.15%
84
CRCCALIFORNIA RES CORP
22,510$1.0B0.15%
85
SUSUNCOR ENERGY INC NEW
22,392$993.0M0.15%
86
NVDANVIDIA CORPORATION
5,285$985.0M0.15%
87
APDAIR PRODS & CHEMS INC
3,908$965.0M0.14%
88
DMLPDORCHESTER MINERALS LP
42,678$954.0M0.14%
89
VIGIVANGUARD WHITEHALL FDS
10,384$949.0M0.14%
90
AGOASSURED GUARANTY LTD
10,101$907.0M0.13%
91
NVSNNOVARTIS AG
6,298$868.0M0.13%
92
VTOLBRISTOW GROUP INC
23,577$863.0M0.13%
93
RVTROYCE SMALL CAP TRUST INC
52,111$838.0M0.12%
94
FITBFIFTH THIRD BANCORP
17,880$836.0M0.12%
95
CTVACORTEVA INC
12,390$830.0M0.12%
96
COSTCOSTCO WHSL CORP NEW
962$829.0M0.12%
97
EQTEQT CORP
14,917$799.0M0.12%
98
VTIPVANGUARD MALVERN FDS
15,784$780.0M0.12%
99
IMOIMPERIAL OIL LTD
8,630$744.0M0.11%
100
FTITECHNIPFMC PLC
16,481$734.0M0.11%
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