Mraz, Amerine & Associates, Inc.

Registered adviser

CIK

1542324

Location

Modesto, CA

Portfolio Value

Small $636,221,028

Diversification

Diversified

Filing Date

Global Rank

#3,166 / 8,823 ▼ 188 · as of Jun 2026

Top Industry

Insurance - Property & Casualty 29.3%

Period ended 34 days ago

Filed Oct 30, 2026 · 4d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 158338

Roster of Nov 1, 2026

Regulatory AUM

$917,491,815

Main clients

Individuals and high net worth (95% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$917,491,815	Individuals and high net worth (95%)
Apr 2025 to Mar 2026	$784,862,351	Individuals and high net worth (95%)
Apr 2024 to Mar 2025	$652,513,277	Individuals and high net worth (95%)
May 2023 to Mar 2024	$586,806,254	Individuals and high net worth (96%)
Apr 2023	$586,806,254	Individuals and high net worth (96%)
Apr 2022 to Mar 2023	$565,509,753	Individuals and high net worth (94%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Concentrated

The top 10 positions are 61.9% of the book (60%+)

Turnover

Low turnover

11.5% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 20.3 quarters (12+), a floor since 56.0% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 89.5%; sector active share 58.6% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

198 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

12.9%

+0.9 pts

Top 5

40.0%

+1.8 pts

Top 10

60.9%

−1.0 pts

HHI

466

Diversified+6

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	50.1%	$318,649,118	37
Unclassified	20.0%	$126,976,972	28
Energy	14.4%	$91,585,351	43
Industrials	4.4%	$27,934,183	24
Technology	3.3%	$21,000,430	12
Healthcare	2.6%	$16,292,918	16
Basic Materials	2.3%	$14,396,332	14
Consumer Cyclical	1.2%	$7,323,542	7
Communication Services	0.6%	$3,902,071	6
Real Estate	0.6%	$3,836,123	3
Consumer Defensive	0.6%	$3,669,524	5
Utilities	0.1%	$654,464	3

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
—		+86,615	120,040	$0
BUR	Burford Capital Ltd	+71,505	645,108	$2,528,823
BN	BROOKFIELD Corp	+50,255	516,953	$18,848,106
AVES	Avantis Emerging Markets Value ETF	+35,452	60,203	$3,921,021
AMTM	Amentum Holdings, Inc.	+16,385	106,585	$1,931,320
WSC	WillScot Holdings Corp	+12,515	121,904	$2,094,310
TFLO	iShares Treasury Floating Rate Bond ETF	+11,270	69,895	$3,541,579
DEC	Diversified Energy Co	+11,150	178,595	$2,387,815
JOF	Japan Smaller Capitalization Fund Inc	+8,707	211,069	$2,659,469
SOC	Sable Offshore Corp.	+6,677	24,431	$84,531
HAL	Halliburton Co	+6,615	114,848	$3,652,166
CSIQ	Canadian Solar Inc.	+6,308	18,073	$208,200
OXY	Occidental Petroleum Corp	+4,644	139,109	$7,695,509
LFCR	Lifecore Biomedical, Inc. De	+4,535	22,160	$145,812
SLB	Slb Limited	+4,200	129,004	$6,285,074
CRGY	Crescent Energy Co	+3,359	211,424	$2,725,255
VTS	Vitesse Energy, Inc.	+2,796	165,002	$2,755,533
JEF	Jefferies Financial Group Inc.	+2,795	619,917	$28,348,804
WRB	Berkley W R Corp	+2,793	638,546	$43,127,396
LEN-B	Lennar Corp	+2,753	38,037	$3,042,579
LUMN	Lumen Technologies, Inc.	+2,000	322,894	$1,808,206
AR	ANTERO RESOURCES Corp	+1,850	163,964	$5,474,757
VTV	VANGUARD VALUE INDEX FUND	+1,612	7,328	$1,583,434
AIG	American International Group, Inc.	+1,577	22,722	$1,690,971
NE	Noble Corp plc	+1,552	67,486	$2,816,865
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
KF	Korea Fund Inc	−30,378	36,847	$2,419,374
USFR	WisdomTree Floating Rate Treasury Fund	−24,821	834,821	$42,066,630
AVEM	Avantis Emerging Markets Equity ETF	−19,452	54,900	$5,161,698
ELVA	Electrovaya Inc.	−11,625	16,000	$104,320
IBTG	iShares iBonds Dec 2026 Term Treasury ETF	−11,575	13,550	$310,024
ABEV	Ambev S.A.	−9,143	695,946	$2,032,162
CSWC	Capital Southwest Corp	−2,625	19,354	$447,658
BRK-B	Berkshire Hathaway Inc	−2,558	153,999	$76,683,802
RMT	Royce Micro-Cap Trust, Inc.	−1,918	344,409	$4,628,856
DVN	Devon Energy Corp	−1,886	117,696	$5,418,723
GAM	General American Investors Co Inc	−1,789	16,362	$1,038,005
DFLV	Dimensional US Large Cap Value ETF	−1,442	54,973	$2,208,265
SBLK	Star Bulk Carriers Corp.	−1,201	96,790	$2,841,754
USB	US Bancorp \De\	−1,111	9,379	$541,731
NVGS	Navigator Holdings Ltd.	−1,000	10,760	$249,416
OFG	Ofg Bancorp	−1,000	11,890	$595,451
INSW	International Seaways, Inc.	−722	8,697	$957,887
CACC	Credit Acceptance Corp	−639	7,737	$4,108,347
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	−635	10,744	$1,667,468
FCX	Freeport-Mcmoran Inc	−633	52,018	$3,641,260
CUBI	Customers Bancorp, Inc.	−609	35,358	$2,616,492
MSFT	Microsoft Corp	−530	17,086	$8,763,409
BNY	Bank of New York Mellon Corp	−525	19,175	$2,773,280
AVUV	Avantis U.S. Small Cap Value ETF	−483	164,708	$19,397,661
NMM	Navios Maritime Partners L.P.	−380	42,641	$3,833,852
No positions match the current search.

New Positions

Positions the filer opened this quarter

12 positions

Ticker	Company	Shares	Value
XOM	ExxonMobil Holdings Corp	2,064	$335,916
APA	APA Corp	7,250	$301,165
SDRL	SEADRILL Ltd	4,967	$221,875
PM	Philip Morris International Inc.	1,085	$207,039
MET	Metlife Inc	2,174	$204,703
JPM	Jpmorgan Chase & Co	610	$201,806
INCY	Incyte Corp	1,660	$201,441
UNP	Union Pacific Corp	735	$200,015
SBSW	Sibanye Stillwater Ltd	10,700	$109,247
FRMI	Fermi Inc.	25,600	$107,776
STLA	Stellantis N.V.	21,202	$92,440
GFR	Greenfire Resources Ltd.	15,333	$86,631
No positions match the current search.

Sold Out

Positions the filer fully exited

12 positions

Ticker	Company	Shares	Value
FRFHF	Fairfax Financial Holdings Ltd	29,425	$48,457,387
AGO	Assured Guaranty Ltd	9,888	$792,622
DFAC	Dimensional U.S. Core Equity 2 ETF	12,804	$567,985
—		30,989	$535,799
CABO	Cable One, Inc.	6,855	$364,069
SYY	Sysco Corp	3,000	$250,740
PG	PROCTER & GAMBLE Co	1,557	$228,318
ROK	Rockwell Automation, Inc	419	$207,438
KOID	KraneShares Global Humanoid and Embodied Intelligence Index ETF	5,000	$206,100
VGK	VANGUARD EUROPEAN STOCK INDEX FUND	2,300	$203,642
FUND	Sprott Focus Trust Inc.	10,718	$101,606
RDI	Reading International Inc	18,850	$24,128
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

198 tracked positions · $636,221,028 total · filing declares 198 positions · $640,234,362 · as of Sep 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 198 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	153,999	-2,558	$76,683,802	−2.1%	12.05%
WTM	White Mountains Insurance Group Ltd Financial Services	Reduced	22,147	-71	$44,437,734	−3.5%	6.98%
WRB	Berkley W R Corp Financial Services	Added	638,546	+2,793	$43,127,396	−3.8%	6.78%
USFR	WisdomTree Floating Rate Treasury Fund	Reduced	834,821	-24,821	$42,066,630	−2.8%	6.61%
MKL	Markel Group Inc. Financial Services	Added	20,184	+574	$34,564,090	−9.8%	5.43%
JEF	Jefferies Financial Group Inc. Financial Services	Added	619,917	+2,795	$28,348,804	−8.1%	4.46%
L	Loews Corp Financial Services	Added	256,765	+910	$26,813,968	−7.4%	4.21%
AVUV	Avantis U.S. Small Cap Value ETF	Reduced	164,708	-483	$19,397,661	−5.9%	3.05%
BN	BROOKFIELD Corp Financial Services	Added	516,953	+50,255	$18,848,106	−5.2%	2.96%
DFIV	Dimensional International Value ETF	Added	275,284	+1,026	$15,377,364	+3.8%	2.42%
AVDV	Avantis International Small Cap Value ETF	Added	134,349	+223	$14,695,093	+6.3%	2.31%
CVE	Cenovus Energy Inc. Energy	Added	367,795	+844	$11,431,068	+25.6%	1.80%
CNQ	CANADIAN NATURAL RESOURCES Ltd Energy	Added	237,682	+1,395	$11,187,691	+19.9%	1.76%
MSFT	Microsoft Corp Technology	Reduced	17,086	-530	$8,763,409	+33.4%	1.38%
OXY	Occidental Petroleum Corp Energy	Added	139,109	+4,644	$7,695,509	+17.8%	1.21%
JNJ	Johnson & Johnson Healthcare	Added	28,005	+96	$7,414,043	+4.6%	1.17%
SLB	Slb Limited Energy	Added	129,004	+4,200	$6,285,074	+8.3%	0.99%
UHAL-B	U-Haul Holding Co Industrials	Reduced	115,982	-199	$6,129,648	−8.6%	0.96%
AR	ANTERO RESOURCES Corp Energy	Added	163,964	+1,850	$5,474,757	−3.9%	0.86%
DVN	Devon Energy Corp Energy	Reduced	117,696	-1,886	$5,418,723	+9.7%	0.85%
BRK-A	Berkshire Hathaway Inc Financial Services	Held	7	0	$5,229,035	−0.2%	0.82%
AVEM	Avantis Emerging Markets Equity ETF	Reduced	54,900	-19,452	$5,161,698	−28.1%	0.81%
AAPL	Apple Inc. Technology	Reduced	13,997	-288	$4,661,280	+12.8%	0.73%
RMT	Royce Micro-Cap Trust, Inc. Financial Services	Reduced	344,409	-1,918	$4,628,856	−8.7%	0.73%
AMR	Alpha Metallurgical Resources, Inc. Basic Materials	Reduced	26,132	-327	$4,395,925	+0.7%	0.69%
CACC	Credit Acceptance Corp Financial Services	Reduced	7,737	-639	$4,108,347	−23.0%	0.65%
TDW	Tidewater Inc Energy	Held	49,433	0	$4,009,016	+21.7%	0.63%
AVES	Avantis Emerging Markets Value ETF	Added	60,203	+35,452	$3,921,021	+141.5%	0.62%
NMM	Navios Maritime Partners L.P. Industrials	Reduced	42,641	-380	$3,833,852	+27.2%	0.60%
OIH	VanEck Oil Services ETF	Reduced	10,028	-21	$3,794,294	+1.5%	0.60%
GHC	Graham Holdings Co Industrials	Reduced	3,342	-15	$3,792,067	−1.0%	0.60%
HAL	Halliburton Co Energy	Added	114,848	+6,615	$3,652,166	−0.6%	0.57%
FCX	Freeport-Mcmoran Inc Basic Materials	Reduced	52,018	-633	$3,641,260	+10.0%	0.57%
TFLO	iShares Treasury Floating Rate Bond ETF	Added	69,895	+11,270	$3,541,579	+19.3%	0.56%
JOE	ST JOE Co Real Estate	Reduced	49,752	-75	$3,272,686	+4.9%	0.51%
NVR	Nvr Inc Consumer Cyclical	Added	526	+4	$3,237,209	−9.0%	0.51%
AMGN	Amgen Inc Healthcare	Added	7,674	+6	$3,234,667	+16.5%	0.51%
LEN-B	Lennar Corp Consumer Cyclical	Added	38,037	+2,753	$3,042,579	−2.8%	0.48%
SCHW	Schwab Charles Corp Financial Services	Added	30,949	+26	$3,024,955	+6.0%	0.48%
DISV	Dimensional International Small Cap Value ETF	Reduced	68,255	-297	$2,954,758	+7.4%	0.46%
VAL	Valaris Ltd Energy	Held	36,417	0	$2,859,462	+8.2%	0.45%
SBLK	Star Bulk Carriers Corp. Industrials	Reduced	96,790	-1,201	$2,841,754	+16.1%	0.45%
NE	Noble Corp plc Energy	Added	67,486	+1,552	$2,816,865	+14.5%	0.44%
BNY	Bank of New York Mellon Corp Financial Services	Reduced	19,175	-525	$2,773,280	−2.7%	0.44%
VTS	Vitesse Energy, Inc. Energy	Added	165,002	+2,796	$2,755,533	+7.7%	0.43%
CRGY	Crescent Energy Co Energy	Added	211,424	+3,359	$2,725,255	+33.4%	0.43%
JOF	Japan Smaller Capitalization Fund Inc Financial Services	Added	211,069	+8,707	$2,659,469	+11.6%	0.42%
CUBI	Customers Bancorp, Inc. Financial Services	Reduced	35,358	-609	$2,616,492	−8.0%	0.41%
TPL	Texas Pacific Land Corp Energy	Reduced	7,965	-75	$2,595,235	−26.2%	0.41%
BUR	Burford Capital Ltd Financial Services	Added	645,108	+71,505	$2,528,823	+7.5%	0.40%

Showing the top 50 of 198 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.