Mraz, Amerine & Associates, Inc. Q3 2025 Filing

Filed November 6, 2025

Portfolio Value

$642.0B

Holdings

188

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (188 positions)

#StockSharesValue% PortfolioType
1
BRK/BBERKSHIRE HATHAWAY INC DEL
163,390$82.1B12.80%
2
FFHFAIRFAX FINL HLDGS LTD SUB VTG
28,968$50.7B7.89%
3
WRBBERKLEY W R CORP
624,209$47.8B7.45%
4
WTMWHITE MTNS INS GROUP LTD
22,606$37.8B5.89%
5
JEFJEFFERIES FINL GROUP INC
568,716$37.2B5.80%
6
MKLMARKEL GROUP INC
18,677$35.7B5.56%
7
LLOEWS CORP
256,502$25.8B4.01%
8
JAAAJANUS DETROIT STR TR
383,841$19.5B3.04%
9
AVUVAMERICAN CENTY ETF TR
167,186$16.6B2.59%
10
BNBROOKFIELD CORP
229,498$15.7B2.45%
11
DFIVDIMENSIONAL ETF TRUST
262,901$12.1B1.89%
12
AVDVAMERICAN CENTY ETF TR
132,561$11.8B1.84%
13
USFRWISDOMTREE TR
224,387$11.3B1.76%
14
MSFTMICROSOFT CORP
18,581$9.6B1.50%
15
CRCCANADIAN NAT RES LTD
226,513$7.2B1.13%
16
CACCCREDIT ACCEP CORP MICH
13,432$6.3B0.98%
17
OXYOCCIDENTAL PETE CORP
132,079$6.2B0.97%
18
CVECENOVUS ENERGY INC
366,599$6.2B0.97%
19
BRK-BBERKSHIRE HATHAWAY INC DEL
7$5.3B0.82%
20
JNJJOHNSON & JOHNSON
28,451$5.3B0.82%
21
UHAL/BU HAUL HOLDING COMPANY
103,103$5.2B0.82%
22
AVEMAMERICAN CENTY ETF TR
67,503$5.1B0.79%
23
ARANTERO RESOURCES CORP
149,174$5.0B0.78%
24
WBDWARNER BROS DISCOVERY INC
237,306$4.6B0.72%
25
GHCGRAHAM HLDGS CO
3,610$4.3B0.66%
26
SLBSCHLUMBERGER LTD
118,358$4.1B0.63%
27
NVRNVR INC
487$3.9B0.61%
28
AAPLAPPLE INC
14,746$3.8B0.58%
29
LENLENNAR CORP
30,944$3.7B0.58%
30
RMTROYCE MICRO-CAP TR INC
357,316$3.7B0.58%
31
VTSVITESSE ENERGY INC
145,056$3.4B0.52%
32
SCHWSCHWAB CHARLES CORP
31,122$3.0B0.46%
33
TPLTEXAS PACIFIC LAND CORPORATI
3,096$2.9B0.45%
34
TDWTIDEWATER INC NEW
49,518$2.6B0.41%
35
BURBURFORD CAP LTD
219,664$2.6B0.41%
36
OIHVANECK ETF TRUST
9,802$2.5B0.40%
37
HALHALLIBURTON CO
102,590$2.5B0.39%
38
AMGNAMGEN INC
8,915$2.5B0.39%
39
JOEST JOE CO
50,547$2.5B0.39%
40
CTRACOTERRA ENERGY INC
104,861$2.5B0.39%
41
CUBICUSTOMERS BANCORP INC
37,917$2.5B0.39%
42
DISVDIMENSIONAL ETF TRUST
68,552$2.4B0.38%
43
AMRALPHA METALLURGICAL RESOUR I
14,772$2.4B0.38%
44
BRBROADRIDGE FINL SOLUTIONS IN
9,939$2.4B0.37%
45
FCXFREEPORT-MCMORAN INC
58,079$2.3B0.35%
46
PAAAPGIM ETF TR
43,281$2.2B0.35%
47
BKBANK NEW YORK MELLON CORP
20,270$2.2B0.34%
48
EMREMERSON ELEC CO
16,220$2.1B0.33%
49
DECDIVERSIFIED ENERGY COMPANY P
150,410$2.1B0.33%
50
DFLVDIMENSIONAL ETF TRUST
63,534$2.1B0.33%
51
KFKOREA FD INC
68,288$2.1B0.33%
52
LUMNLUMEN TECHNOLOGIES INC
326,486$2.0B0.31%
53
FCNCAFIRST CTZNS BANCSHARES INC D
1,092$2.0B0.30%
54
NMMNAVIOS MARITIME PARTNERS L P
43,291$2.0B0.30%
55
SBRSABINE RTY TR
23,700$1.9B0.29%
56
SBLKSTAR BULK CARRIERS CORP.
99,687$1.9B0.29%
57
CLFCLEVELAND-CLIFFS INC NEW
151,430$1.8B0.29%
58
CRGYCRESCENT ENERGY COMPANY
205,647$1.8B0.29%
59
VALVALARIS LTD
37,063$1.8B0.28%
60
BSMBLACK STONE MINERALS L P
134,694$1.8B0.28%
61
NENOBLE CORP PLC
61,055$1.7B0.27%
62
VYMVANGUARD WHITEHALL FDS
11,713$1.7B0.26%
63
JOFJAPAN SMALLER CAPITALIZATION
155,051$1.6B0.25%
64
ABEVAMBEV SA
711,515$1.6B0.25%
65
PXEINVESCO EXCHANGE TRADED FD T
53,346$1.6B0.24%
66
COPCONOCOPHILLIPS
16,493$1.6B0.24%
67
DFAIDIMENSIONAL ETF TRUST
41,255$1.5B0.23%
68
CABOCABLE ONE INC
8,409$1.5B0.23%
69
DVNDEVON ENERGY CORP NEW
41,925$1.5B0.23%
70
AXPAMERICAN EXPRESS CO
4,355$1.4B0.23%
71
CSLCARLISLE COS INC
4,315$1.4B0.22%
72
NTRNUTRIEN LTD
24,079$1.4B0.22%
73
CVXCHEVRON CORP NEW
9,053$1.4B0.22%
74
AIGAMERICAN INTL GROUP INC
17,823$1.4B0.22%
75
WSCWILLSCOT HLDGS CORP
65,302$1.4B0.21%
76
GAMGENERAL AMERN INVS CO INC
22,081$1.4B0.21%
77
IAU*ISHARES GOLD TR
18,409$1.3B0.21%
78
DIHPDIMENSIONAL ETF TRUST
43,944$1.3B0.21%
79
PSLV/USPROTT ASSET MANAGEMENT LP
84,725$1.3B0.21%
80
EWJVISHARES TR
32,593$1.3B0.20%
81
MRKMERCK & CO INC
14,806$1.2B0.19%
82
CRCCALIFORNIA RES CORP
22,358$1.2B0.19%
83
VTVVANGUARD INDEX FDS
6,283$1.2B0.18%
84
AVGOBROADCOM INC
3,400$1.1B0.17%
85
SJTSAN JUAN BASIN RTY TR
184,236$1.1B0.17%
86
DMLPDORCHESTER MINERALS LP
42,646$1.1B0.17%
87
APDAIR PRODS & CHEMS INC
3,895$1.1B0.17%
88
AVESAMERICAN CENTY ETF TR
17,346$995.1M0.16%
89
NVDANVIDIA CORPORATION
5,328$994.1M0.15%
90
DDDUPONT DE NEMOURS INC
12,018$936.2M0.15%
91
SUSUNCOR ENERGY INC NEW
22,392$936.2M0.15%
92
VIGIVANGUARD WHITEHALL FDS
10,422$933.5M0.15%
93
COSTCOSTCO WHSL CORP NEW
1,004$929.3M0.14%
94
AGOASSURED GUARANTY LTD
10,543$892.5M0.14%
95
RVTROYCE SMALL CAP TRUST INC
54,025$871.4M0.14%
96
CSWCCAPITAL SOUTHWEST CORP
39,724$868.4M0.14%
97
VTOLBRISTOW GROUP INC
23,777$857.9M0.13%
98
CTVACORTEVA INC
12,390$837.9M0.13%
99
VTIPVANGUARD MALVERN FDS
16,403$830.5M0.13%
100
RPMRPM INTL INC
7,000$825.2M0.13%
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