— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

Mraz, Amerine & Associates, Inc.

1120 13TH STREET, STE C, MODESTO, CA 95354 • 209-593-5870

Q2 2025 · Filed 2025-07-24
Market Value
$620M
+7.1%
Holdings
195
+21
New Purchases
28
Added To
68
Closed
7
Reduced
62
Top 10 Concentration
58.4%
Turnover
17.9%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
FRFHF 8.65% 7.31% +1.34% $54M
USFR 1.52% 1.05% +0.48% $9M
BN 2.29% 1.95% +0.34% $14M
JAAA 2.94% 2.63% +0.31% $18M
CSL 0.26% 0.00% +0.26% $2M
MSFT 1.50% 1.25% +0.25% $9M
PAAA 0.23% 0.06% +0.16% $1M
EMR 0.36% 0.21% +0.15% $2M
JEF 5.04% 4.89% +0.15% $31M
NVDA 0.14% 0.00% +0.14% $854K
AIG 0.13% 0.00% +0.13% $789K
AVDV 1.58% 1.45% +0.13% $10M
RPM 0.12% 0.00% +0.12% $769K
BUR 0.45% 0.33% +0.12% $3M
AVEM 0.59% 0.47% +0.12% $4M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
BRK-B 12.87% 14.96% -2.09% $80M
ESGR 2.84% 4.02% -1.18% $18M
WTM 6.25% 6.91% -0.66% $39M
WRB 7.49% 7.80% -0.31% $46M
L 3.82% 3.97% -0.15% $24M
BRK-A 0.82% 0.95% -0.13% $5M
TPL 0.53% 0.65% -0.12% $3M
CABO 0.18% 0.29% -0.11% $1M
OXY 0.85% 0.95% -0.10% $5M
CTRA 0.43% 0.53% -0.10% $3M
SLB 0.60% 0.69% -0.09% $4M
VTS 0.52% 0.61% -0.08% $3M
BPMC 0.00% 0.08% -0.08% $0
HNRG 0.00% 0.07% -0.07% $0
CACC 1.09% 1.16% -0.06% $7M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 72.9%
Energy 14.8%
Industrials 3.0%
Technology 2.4%
Healthcare 2.1%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 27 $114M 18.4%
Large Cap 82 $366M 59.0%
Mid Cap 39 $108M 17.4%
Small Cap 35 $26M 4.2%
Micro Cap 12 $6M 1.0%

Portfolio Analytics

Avg Market Cap
$160.1B
Median Market Cap
$19.4B
Avg P/E
26.4
Median P/E
17.5
Avg Dividend Yield
0.02%
Avg Beta
0.77
# Stocks
155
# ETFs / Funds
40

Top Holdings (195 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 BRK-B 12.87% 164,331 $80M $485.77 -$7M -303 -0.2%
2 FRFHF 8.65% 29,695 $54M $1,806.69 $11M -68 -0.2%
3 WRB 7.49% 632,212 $46M $73.47 $1M -1,440 -0.2%
4 WTM 6.25% 21,576 $39M $1,795.74 -$1M +548 +2.6%
5 MKL 6.08% 18,885 $38M $1,997.36 $3M +207 +1.1%
6 JEF 5.04% 571,327 $31M $54.69 $3M +28,929 +5.3%
7 L 3.82% 258,873 $24M $91.66 $721K +5,043 +2.0%
8 JAAA 2.94% 359,776 $18M $50.75 $3M +58,557 +19.4%
9 ESGR 2.84% 52,364 $18M $336.36 -$6M -17,613 -25.2%
10 AVUV 2.39% 162,651 $15M $91.10 $701K +616 +0.4%
11 BN 2.29% 229,848 $14M $61.85 $3M +11,564 +5.3%
12 DFIV 1.63% 236,075 $10M $42.83 $1M +10,660 +4.7%
13 AVDV 1.58% 123,431 $10M $79.28 $1M +4,165 +3.5%
14 USFR 1.52% 187,937 $9M $50.31 $3M +67,420 +55.9%
15 MSFT 1.50% 18,717 $9M $497.42 $2M -408 -2.1%
16 CACC 1.09% 13,325 $7M $509.43 $88K +268 +2.0%
17 CNQ 1.06% 209,652 $7M $31.40 $964K +25,798 +14.0%
18 AR 0.94% 144,655 $6M $40.28 $40K -1,147 -0.8%
19 UHAL-B 0.85% 97,273 $5M $54.37 $34K +8,096 +9.1%
20 OXY 0.85% 125,774 $5M $42.01 -$224K +12,973 +11.5%
21 BRK-A 0.82% 7 $5M $728,800.00 -$430K
22 CVE 0.73% 331,398 $5M $13.60 $840K +65,305 +24.5%
23 JNJ 0.70% 28,451 $4M $152.75 $377K +4,209 +17.4%
24 SLB 0.60% 109,719 $4M $33.80 -$287K +14,308 +15.0%
25 AVEM 0.59% 53,437 $4M $68.54 $932K +8,229 +18.2%
26 NVR 0.59% 494 $4M $7,385.66 $438K +47 +10.5%
27 GHC 0.57% 3,722 $4M $946.29 -$61K -38 -1.0%
28 RMT 0.54% 363,426 $3M $9.25 $240K -5,598 -1.5%
29 TPL 0.53% 3,096 $3M $1,056.44 -$473K +229 +8.0%
30 VTS 0.52% 146,253 $3M $22.09 -$275K +4,368 +3.1%
31 LEN-B 0.52% 30,692 $3M $105.25 $50K +1,337 +4.5%
32 AAPL 0.52% 15,652 $3M $205.17 $709K +4,169 +36.3%
33 SCHW 0.46% 31,122 $3M $91.24 $414K -50 -0.2%
34 BUR 0.45% 197,301 $3M $14.26 $889K +54,392 +38.1%
35 WBD 0.44% 238,986 $3M $11.46 $273K +1,219 +0.5%
36 CTRA 0.43% 106,182 $3M $25.38 -$383K -1,322 -1.2%
37 AMGN 0.41% 9,048 $3M $279.22 -$174K +249 +2.8%
38 FCX 0.40% 57,560 $2M $43.35 $100K -4,780 -7.7%
39 BR 0.39% 10,024 $2M $243.03 $7K -203 -2.0%
40 JOE 0.39% 51,003 $2M $47.70 $404K +7,188 +16.4%
41 DISV 0.36% 68,552 $2M $32.91 $224K -304 -0.4%
42 CUBI 0.36% 38,207 $2M $58.74 $329K
43 EMR 0.36% 16,743 $2M $133.33 $1M +5,706 +51.7%
44 TDW 0.36% 47,866 $2M $46.13 $326K +4,553 +10.5%
45 FCNCA 0.36% 1,128 $2M $1,956.47 $119K -10 -0.9%
46 OIH 0.32% 8,605 $2M $230.29 -$9K +990 +13.0%
47 DFLV 0.32% 63,699 $2M $31.02 -$230K -9,128 -12.5%
48 BK 0.30% 20,370 $2M $91.11 $254K +1,000 +5.2%
49 KF 0.30% 68,188 $2M $26.93 $524K +2,980 +4.6%
50 SBLK 0.28% 101,775 $2M $17.25 -$38K -10,456 -9.3%
51 ABEV 0.28% 724,436 $2M $2.41 $178K +36,765 +5.3%
52 BSM 0.28% 132,598 $2M $13.08 -$143K +9,338 +7.6%
53 CRGY 0.28% 201,424 $2M $8.60 -$116K +35,556 +21.4%
54 AMR 0.27% 14,877 $2M $112.48 $127K +2,649 +21.7%
55 HAL 0.27% 80,770 $2M $20.38 $223K +24,015 +42.3%
56 SBR 0.26% 24,525 $2M $66.45 -$18K -250 -1.0%
57 CSL 0.26% 4,315 $2M $373.40 +4,315 NEW
58 VYM 0.26% 11,978 $2M $133.31 -$24K -732 -5.8%
59 VAL 0.25% 37,103 $2M $42.11 $273K +4,439 +13.6%
60 NMM 0.25% 40,670 $2M $37.68 $243K +7,525 +22.7%
61 NE 0.25% 57,478 $2M $26.55 $239K +4,262 +8.0%
62 COP 0.24% 16,704 $1M $89.74 -$207K +36 +0.2%
63 LUMN 0.24% 333,348 $1M $4.38 $220K +18,681 +5.9%
64 DFAI 0.23% 41,736 $1M $34.57 $103K -787 -1.9%
65 NTR 0.23% 24,429 $1M $58.24 $274K +1,501 +6.5%
66 JOF 0.23% 145,281 $1M $9.64 $525K +40,790 +39.0%
67 PAAA 0.23% 27,178 $1M $51.45 $1M +19,853 +271.0%
68 AXP 0.22% 4,355 $1M $318.96 $227K -22 -0.5%
69 DVN 0.22% 42,085 $1M $31.81 -$23K +5,031 +13.6%
70 CLF 0.21% 174,627 $1M $7.60 -$177K -1,884 -1.1%
71 GAM 0.21% 23,679 $1M $56.04 $182K +1,000 +4.4%
72 DIHP 0.21% 44,386 $1M $29.49 $102K -127 -0.3%
73 CVX 0.21% 9,053 $1M $143.19 -$192K +90 +1.0%
74 PXE 0.20% 44,566 $1M $27.99 $128K +6,017 +15.6%
75 DMLP 0.20% 44,519 $1M $27.86 -$111K -474 -1.1%
76 VTV 0.20% 7,005 $1M $176.74 -$79K -705 -9.1%
77 IAU 0.19% 18,862 $1M $62.36 -$42K -2,100 -10.0%
78 SJT 0.18% 188,266 $1M $5.97 $79K -980 -0.5%
79 EWJV 0.18% 32,274 $1M $34.75 $188K +4,520 +16.3%
80 CABO 0.18% 8,212 $1M $135.81 -$559K +1,958 +31.3%
81 APD 0.18% 3,884 $1M $282.08 -$36K +11 +0.3%
82 PSLV 0.17% 84,725 $1M $12.24 $56K
83 CRC 0.17% 22,518 $1M $45.67 $34K -179 -0.8%
84 COST 0.16% 1,018 $1M $989.94 $113K +56 +5.8%
85 VIGI 0.16% 10,773 $971K $90.12 $50K -290 -2.6%
86 AGO 0.15% 11,018 $960K $87.10 -$2K -3 -0.0%
87 CSWC 0.15% 42,958 $947K $22.04 -$31K -774 -1.8%
88 WSC 0.15% 34,375 $942K $27.40 $422K +15,903 +86.1%
89 AVGO 0.15% 3,400 $937K $275.65 $362K
90 AVES 0.15% 17,423 $933K $53.55 $106K -10 -0.1%
91 CTVA 0.15% 12,390 $923K $74.53 $163K -66 -0.5%
92 VTIP 0.15% 18,330 $921K $50.27 -$73K -1,607 -8.1%
93 EQT 0.14% 15,257 $890K $58.32 $81K +5 +0.0%
94 NVDA 0.14% 5,405 $854K $157.99 +5,405 NEW
95 SU 0.14% 22,564 $845K $37.45 -$21K -30 -0.1%
96 WMB 0.13% 13,313 $836K $62.81 $96K +800 +6.4%
97 DD 0.13% 12,018 $824K $68.59 -$70K -66 -0.6%
98 RVT 0.13% 54,025 $813K $15.05 $10K -2,310 -4.1%
99 AIG 0.13% 9,217 $789K $85.59 +9,217 NEW
100 VTOL 0.13% 23,777 $784K $32.97 $26K -42 -0.2%

New Positions

SymbolValue% Port
CSL $2M 0.26%
NVDA $854K 0.14%
AIG $789K 0.13%
RPM $769K 0.12%
WFC $652K 0.11%
HSY $517K 0.08%
ITW $457K 0.07%
FITB $456K 0.07%
TXN $443K 0.07%
MMM $403K 0.07%
RTX $383K 0.06%
PPG $341K 0.06%
BAC $339K 0.05%
GLRE $308K 0.05%
EXE $304K 0.05%

Sold Out Positions

SymbolValue% Port
WY —%
ETR —%
HNRG —%
QURE —%
MTR —%
BPMC —%
PHX —%
View SEC EDGAR Filings for Mraz, Amerine & Associates, Inc. →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms