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Institutional Investment Manager
Mraz, Amerine & Associates, Inc.
Mraz, Amerine & Associates, Inc. (CIK: 0001542324) incorporated in California, located at 1120 13th Street, Modesto, CA. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q4)
Portfolio Summary: 160 holdings with a total value of $318,911,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 BERKSHIRE HATHAWAY INC DEL 278,561 45,400,000 14.24%
2 WHITE MOUNTAINS INSURANCE GRP LTD 30,594 25,578,000 8.02%
3 ALLEGHANY CORP 38,361 23,328,000 7.31%
4 MARKEL CORP 18,417 16,658,000 5.22%
5 WR BERKLEY 229,106 15,238,000 4.78%
6 LOEWS CORP 300,620 14,078,000 4.41%
7 LEUCADIA NATIONAL CO 478,196 11,118,000 3.49%
8 ENSTAR GROUP LIMITED COM 54,975 10,869,000 3.41%
9 FAIRFAX FINANCIAL HOLDINGS LTD 20,512 9,983,000 3.13%
10 RPC INC 398,860 7,901,000 2.48%
11 CIMAREX ENERGY 48,362 6,572,000 2.06%
12 WESTAMERICA BANCORPORATION COM 81,712 5,142,000 1.61%
13 MICROSOFT CORP 78,545 4,881,000 1.53%
14 GENERAL AMERN INVS CO INC 145,367 4,533,000 1.42%
15 DEVON ENERGY CORP NEW 94,726 4,326,000 1.36%
16 BANK NEW YORK MELLON CORP 87,840 4,162,000 1.31%
17 JOHNSON & JOHNSON 30,872 3,557,000 1.12%
18 TEGNA INC 162,000 3,465,000 1.09%
19 FOREST CITY RLTY TR INC COM CL A 125,578 2,617,000 0.82%
20 LIBERTY M SIRIUSXM C 75,560 2,563,000 0.80%
21 TRI POINTE HOMES INC COM 219,539 2,520,000 0.79%
22 INTERNATIONAL BUSINESS MACHS 14,785 2,454,000 0.77%
23 CHICAGO BRIDGE & IRON CO N V 77,268 2,453,000 0.77%
24 SOURCE CAP INC 62,805 2,258,000 0.71%
25 DU PONT E I DE NEMOURS & CO 28,414 2,086,000 0.65%
26 BOARDWALK PIPELINE PARTNERS 118,925 2,065,000 0.65%
27 CNA FINL CORP 48,973 2,032,000 0.64%
28 CONSOLIDATED TOMOKA LD CO 36,885 1,970,000 0.62%
29 COCA COLA CO 47,200 1,957,000 0.61%
30 BERKSHIRE HATHAWAY INC DEL 8 1,953,000 0.61%
31 GREIF INC 28,422 1,920,000 0.60%
32 VANGUARD SPECIALIZED FUNDS 22,283 1,898,000 0.60%
33 CHEVRON CORP NEW 15,884 1,870,000 0.59%
34 PICO HLDGS INC 120,107 1,820,000 0.57%
35 AMERICAN NATL INS CO COM 14,471 1,803,000 0.57%
36 BROADRIDGE FINL SOLUTIONS IN 23,700 1,571,000 0.49%
37 EMERSON ELEC CO 27,364 1,526,000 0.48%
38 AT&T INC 35,860 1,525,000 0.48%
39 HELMERICH & PAYNE INC 19,500 1,509,000 0.47%
40 WELLS FARGO & CO NEW 26,137 1,440,000 0.45%
41 CONOCOPHILLIPS 27,581 1,383,000 0.43%
42 ABBOTT LABS 32,533 1,250,000 0.39%
43 APPLE INC 10,637 1,232,000 0.39%
44 AMERCO 3,201 1,183,000 0.37%
45 MONMOUTH REAL ESTATE INVT CO 76,978 1,173,000 0.37%
46 NOW INC COM 55,375 1,134,000 0.36%
47 SABINE ROYALTY TR 31,757 1,116,000 0.35%
48 US BANCORP DEL 21,591 1,109,000 0.35%
49 ROYCE VALUE TR INC 81,639 1,093,000 0.34%
50 ROYCE MICRO CAP TR INC 126,720 1,034,000 0.32%
Page 1 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001214659-17-000559, filed 2017.01.31).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.