Mraz, Amerine & Associates, Inc.

CIK

1542324

Location

Modesto, CA

Portfolio Value

Small $551,715,330

Diversification

Diversified

Filing Date

Global Rank

#637 / 3,111 ▲ 1861

Top Industry

Insurance - Property & Casualty 37.6%

3Y Alpha vs SPY

-3.4%

Period ended 30 days ago

Filed Jul 16, 2026 · 14d

26 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+53.2%

SPY

+67.9%

Annualised alpha

-3.6%

Max drawdown

−14.2%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

163 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

14.2%

+0.2 pts

Top 5

46.4%

−0.2 pts

Top 10

64.2%

+0.7 pts

HHI

560

Diversified+7

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	69.2%	$381,653,910	37
Energy	14.8%	$81,799,419	38
Industrials	4.0%	$22,224,308	24
Technology	3.3%	$18,478,925	12
Healthcare	2.7%	$15,079,504	15
Basic Materials	2.5%	$13,975,453	13
Consumer Cyclical	0.8%	$4,598,056	5
Consumer Defensive	0.8%	$4,194,336	6
Communication Services	0.8%	$4,190,080	7
Real Estate	0.6%	$3,541,752	2
Unclassified	0.2%	$1,217,900	1
Utilities	0.1%	$761,687	3

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
BUR	Burford Capital Ltd	+108,330	573,603	$2,351,772
DVN	Devon Energy Corp/De	+76,933	119,582	$4,941,128
AMTM	Amentum Holdings, Inc.	+18,215	90,200	$1,864,434
BN	BROOKFIELD Corp /ON/	+13,401	466,698	$19,876,667
VTS	Vitesse Energy, Inc.	+7,601	162,206	$2,557,988
AR	ANTERO RESOURCES Corp	+6,960	162,114	$5,696,685
JOF	Japan Smaller Capitalization Fund Inc	+6,909	202,362	$2,383,824
CRGY	Crescent Energy Co	+6,187	208,065	$2,043,198
WRB	Berkley W R Corp	+5,160	635,753	$44,839,659
SOC	Sable Offshore Corp.	+4,125	17,754	$54,682
CVE	Cenovus Energy Inc.	+3,665	366,951	$9,104,054
JEF	Jefferies Financial Group Inc.	+2,799	617,122	$30,843,757
HAL	Halliburton Co	+2,500	108,233	$3,674,510
CNQ	CANADIAN NATURAL RESOURCES Ltd	+2,370	236,287	$9,333,336
OXY	Occidental Petroleum Corp /De/	+2,288	134,465	$6,530,965
L	Loews Corp	+2,161	255,855	$28,965,344
SLB	Slb Limited/Nv	+2,019	124,804	$5,802,137
LFCR	Lifecore Biomedical, Inc. \De\	+2,000	17,625	$92,531
NE	Noble Corp plc	+1,486	65,934	$2,459,338
MKL	Markel Group Inc.	+473	19,610	$38,298,526
Q	Qnity Electronics, Inc.	+431	6,440	$1,051,716
SU	Suncor Energy Inc	+430	22,712	$1,219,180
FRFHF	Fairfax Financial Holdings Ltd/ Can	+323	29,425	$48,457,387
GEOS	Geospace Technologies Corp	+304	24,385	$165,086
TSLA	Tesla, Inc.	+254	1,027	$431,956
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
DD	DuPont de Nemours, Inc.	−7,993	4,025	$545,951
CACC	Credit Acceptance Corp	−4,819	8,376	$5,333,334
RMT	Royce Micro-Cap Trust, Inc.	−4,581	346,327	$5,070,227
BSM	Black Stone Minerals, L.P.	−2,675	130,976	$1,829,734
CSWC	Capital Southwest Corp	−2,275	21,979	$522,440
GAM	General American Investors Co Inc	−2,200	18,151	$1,157,126
BRK-B	Berkshire Hathaway Inc	−2,139	156,557	$78,339,557
OFG	Ofg Bancorp	−2,000	12,890	$632,512
WSC	WillScot Holdings Corp	−1,609	109,389	$3,156,966
ABEV	Ambev S.A.	−1,220	705,089	$2,213,979
USB	US Bancorp De	−1,096	10,490	$633,596
FCX	Freeport-Mcmoran Inc	−1,081	52,651	$3,311,221
IAU	Ishares Gold Trust	−1,025	16,129	$1,217,900
VAL	Valaris Ltd	−691	36,417	$2,643,874
CUBI	Customers Bancorp, Inc.	−666	35,967	$2,844,989
BNY	Bank of New York Mellon Corp	−570	19,700	$2,848,817
KF	Korea Fund Inc	−555	67,225	$5,055,992
LUMN	Lumen Technologies, Inc.	−500	320,894	$2,464,465
FTI	TechnipFMC plc	−469	15,962	$1,058,280
TPL	Texas Pacific Land Corp	−388	8,040	$3,518,625
EMR	Emerson Electric Co	−375	13,687	$1,959,294
ARCO	Arcos Dorados Holdings Inc.	−365	19,300	$155,558
JNJ	Johnson & Johnson	−360	27,909	$7,088,048
INSW	International Seaways, Inc.	−330	9,419	$721,401
MSFT	Microsoft Corp	−260	17,616	$6,571,120
No positions match the current search.

New Positions

Positions the filer opened this quarter

17 positions

Ticker	Company	Shares	Value
COF	Capital One Financial Corp	12,909	$2,589,803
PK	Park Hotels & Resorts Inc.	29,550	$421,087
QURE	uniQure N.V.	8,465	$389,897
OSCR	Oscar Health, Inc.	9,975	$284,487
CAT	Caterpillar Inc	255	$271,549
UHAL	U-Haul Holding Co /NV/	4,085	$267,322
TXN	Texas Instruments Inc	836	$249,186
KELYA	Kelly Services Inc	19,800	$243,144
CSCO	Cisco Systems, Inc.	2,000	$234,920
NSC	Norfolk Southern Corp	729	$229,336
PG	PROCTER & GAMBLE Co	1,557	$228,318
CWBC	Community West Bancshares	8,247	$221,514
LAD	Lithia Motors Inc	752	$218,448
ROK	Rockwell Automation, Inc	419	$207,438
CSIQ	Canadian Solar Inc.	11,765	$188,475
BTE	Baytex Energy Corp.	41,280	$165,120
ADMA	Adma Biologics, Inc.	17,700	$148,149
No positions match the current search.

Sold Out

Positions the filer fully exited

11 positions

Ticker	Company	Shares	Value
CTRA	Coterra Energy Inc.	103,839	$3,648,902
XOM	ExxonMobil Holdings Corp	1,974	$334,908
VZ	Verizon Communications Inc	6,202	$311,340
ZTS	Zoetis Inc.	2,393	$282,876
JPM	Jpmorgan Chase & Co	912	$268,273
PNC	Pnc Financial Services Group, Inc.	1,200	$249,708
RIO	Rio Tinto PLC	2,531	$236,116
SDRL	SEADRILL Ltd	4,967	$225,998
CMCSA	Comcast Corp	7,427	$213,229
UBFO	UNITED SECURITY BANCSHARES	18,248	$191,786
CRT	Cross Timbers Royalty Trust	10,900	$115,322
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

163 tracked positions · $551,715,330 total · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 163 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	156,557	-2,139	$78,339,557	+3.0%	14.20%
FRFHF	Fairfax Financial Holdings Ltd/ Can Financial Services	Added	29,425	+323	$48,457,387	−2.2%	8.78%
WTM	White Mountains Insurance Group Ltd Financial Services	Added	22,218	+39	$46,066,576	−5.5%	8.35%
WRB	Berkley W R Corp Financial Services	Added	635,753	+5,160	$44,839,659	+7.3%	8.13%
MKL	Markel Group Inc. Financial Services	Added	19,610	+473	$38,298,526	+4.6%	6.94%
JEF	Jefferies Financial Group Inc. Financial Services	Added	617,122	+2,799	$30,843,757	+21.7%	5.59%
L	Loews Corp Financial Services	Added	255,855	+2,161	$28,965,344	+7.0%	5.25%
BN	BROOKFIELD Corp /ON/ Financial Services	Added	466,698	+13,401	$19,876,667	+8.3%	3.60%
CNQ	CANADIAN NATURAL RESOURCES Ltd Energy	Added	236,287	+2,370	$9,333,336	−18.1%	1.69%
CVE	Cenovus Energy Inc. Energy	Added	366,951	+3,665	$9,104,054	−5.5%	1.65%
JNJ	Johnson & Johnson Healthcare	Reduced	27,909	-360	$7,088,048	+2.6%	1.28%
MSFT	Microsoft Corp Technology	Reduced	17,616	-260	$6,571,120	−0.7%	1.19%
OXY	Occidental Petroleum Corp /De/ Energy	Added	134,465	+2,288	$6,530,965	−24.0%	1.18%
SLB	Slb Limited/Nv Energy	Added	124,804	+2,019	$5,802,137	−8.0%	1.05%
AR	ANTERO RESOURCES Corp Energy	Added	162,114	+6,960	$5,696,685	−13.5%	1.03%
CACC	Credit Acceptance Corp Financial Services	Reduced	8,376	-4,819	$5,333,334	−4.5%	0.97%
RMT	Royce Micro-Cap Trust, Inc. Financial Services	Reduced	346,327	-4,581	$5,070,227	+27.8%	0.92%
KF	Korea Fund Inc Financial Services	Reduced	67,225	-555	$5,055,992	+66.1%	0.92%
DVN	Devon Energy Corp/De Energy	Added	119,582	+76,933	$4,941,128	+130.2%	0.90%
AMR	Alpha Metallurgical Resources, Inc. Basic Materials	Reduced	26,459	-3	$4,364,147	−19.7%	0.79%
AAPL	Apple Inc. Technology	Reduced	14,285	-259	$4,133,507	+12.0%	0.75%
GHC	Graham Holdings Co Industrials	Reduced	3,357	-86	$3,831,746	+5.3%	0.69%
HAL	Halliburton Co Energy	Added	108,233	+2,500	$3,674,510	−10.9%	0.67%
NVR	Nvr Inc Consumer Cyclical	Added	522	+7	$3,556,594	+4.8%	0.64%
TPL	Texas Pacific Land Corp Energy	Reduced	8,040	-388	$3,518,625	−12.0%	0.64%
FCX	Freeport-Mcmoran Inc Basic Materials	Reduced	52,651	-1,081	$3,311,221	+4.8%	0.60%
TDW	Tidewater Inc Energy	Reduced	49,433	-65	$3,293,720	−20.4%	0.60%
WSC	WillScot Holdings Corp Industrials	Reduced	109,389	-1,609	$3,156,966	+63.8%	0.57%
JOE	ST JOE Co Real Estate	Reduced	49,827	-50	$3,120,665	−0.4%	0.57%
NMM	Navios Maritime Partners L.P. Industrials	Held	43,021	0	$3,014,481	+3.8%	0.55%
SCHW	Schwab Charles Corp Financial Services	Held	30,923	0	$2,853,265	−1.8%	0.52%
BNY	Bank of New York Mellon Corp Financial Services	Reduced	19,700	-570	$2,848,817	+18.5%	0.52%
CUBI	Customers Bancorp, Inc. Financial Services	Reduced	35,967	-666	$2,844,989	+11.9%	0.52%
AMGN	Amgen Inc Healthcare	Reduced	7,668	-44	$2,776,736	+2.3%	0.50%
VAL	Valaris Ltd Energy	Reduced	36,417	-691	$2,643,874	−27.3%	0.48%
COF	Capital One Financial Corp Financial Services	NEW	12,909	NEW	$2,589,803	NEW	0.47%
VTS	Vitesse Energy, Inc. Energy	Added	162,206	+7,601	$2,557,988	−8.9%	0.46%
LUMN	Lumen Technologies, Inc. Communication Services	Reduced	320,894	-500	$2,464,465	+10.3%	0.45%
NE	Noble Corp plc Energy	Added	65,934	+1,486	$2,459,338	−22.2%	0.45%
SBLK	Star Bulk Carriers Corp. Industrials	Held	97,991	0	$2,446,835	+8.7%	0.44%
JOF	Japan Smaller Capitalization Fund Inc Financial Services	Added	202,362	+6,909	$2,383,824	+11.9%	0.43%
BUR	Burford Capital Ltd Financial Services	Added	573,603	+108,330	$2,351,772	+11.8%	0.43%
DEC	Diversified Energy Co Energy	Held	167,445	0	$2,320,787	−20.5%	0.42%
ABEV	Ambev S.A. Consumer Defensive	Reduced	705,089	-1,220	$2,213,979	+7.3%	0.40%
FCNCA	First Citizens Bancshares Inc /De/ Financial Services	Reduced	1,013	-48	$2,107,840	+5.4%	0.38%
CRGY	Crescent Energy Co Energy	Added	208,065	+6,187	$2,043,198	−25.0%	0.37%
EMR	Emerson Electric Co Industrials	Reduced	13,687	-375	$1,959,294	+6.3%	0.36%
MRK	Merck & Co., Inc. Healthcare	Reduced	15,118	-91	$1,942,663	+6.2%	0.35%
AMTM	Amentum Holdings, Inc. Industrials	Added	90,200	+18,215	$1,864,434	−0.7%	0.34%
BSM	Black Stone Minerals, L.P. Energy	Reduced	130,976	-2,675	$1,829,734	−9.5%	0.33%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.