Form 13F Mraz For: 5 May – Image for illustrative purposes only (Image credits: Unsplash)
Modesto, California – Investors tracking institutional moves received a fresh look into one firm’s strategy as Mraz, Amerine & Associates, Inc. filed its Form 13F with the Securities and Exchange Commission on May 5. The disclosure covers the firm’s equity holdings exceeding $100,000, offering a window into its value-driven approach amid volatile markets. With assets under management reaching nearly $785 million, the filing underscores a preference for established names in insurance and financial sectors.
A Steady Hand in Uncertain Times
The California-based firm, headquartered at 1120 13th Street in Modesto, maintains a disciplined portfolio. Seven employees, most dedicated to investment roles, oversee these assets. This structure allows for focused decision-making without the bloat of larger operations.
Form 13F filings, required quarterly from managers with over $100 million in qualifying assets, provide transparency into positions. Mraz Amerine’s submission reflects positions as of the end of the most recent quarter, helping analysts gauge sentiment toward specific stocks. The firm’s consistency in reporting builds trust among followers seeking reliable signals.
Dominance of Insurance and Financial Giants
Insurance stocks anchor the portfolio, signaling confidence in the sector’s resilience. Fairfax Financial Holdings LTD/CAN tops the list at $53.6 million, representing a significant allocation. Berkley W R Corp follows closely with $46.4 million, while White Mountains Insurance Group Ltd holds $38.7 million.
Markel Corp rounds out the top tier at $37.7 million, and Leucadia National Corp accounts for $31.2 million. These choices highlight a tilt toward companies with strong balance sheets and long-term growth potential. Loews Corp adds $23.7 million, further emphasizing diversified financial exposure.
- Fairfax Financial Holdings LTD/CAN: $53.6 million
- Berkley W R Corp: $46.4 million
- White Mountains Insurance Group Ltd: $38.7 million
- Markel Corp: $37.7 million
- Leucadia National Corp: $31.2 million
- Loews Corp: $23.7 million
- Brookfield Asset Management Inc: $14.2 million
- Microsoft Corp: $9.3 million
- Credit Acceptance Corp: $6.8 million
- Canadian Natural Resources Ltd: $6.6 million
This lineup blends traditional insurers with asset managers and tech outliers like Microsoft, suggesting a balanced yet opportunistic stance.
Broader Portfolio Insights
Beyond the leaders, the firm spreads risk across 167 to 192 holdings, depending on the quarter. This diversification mitigates downside while capturing upside in favored areas. Recent filings show no dramatic shifts, pointing to a buy-and-hold philosophy suited for patient investors.
The SEC registration under number 801-72742 and CRD 158338 confirms the firm’s legitimacy. Located in California’s Central Valley, it serves clients through a boutique model, avoiding the herd mentality of mega-funds.
What This Means for Market Watchers
For retail investors, such disclosures serve as a benchmark. Mraz Amerine’s bets on insurers could signal undervalued opportunities, especially if economic headwinds favor defensive plays. Tracking changes over quarters reveals evolving convictions.
Yet the filing arrives with caveats: positions are snapshots from 45 days prior, and managers may adjust post-report. Still, it equips observers with actionable intelligence in a crowded field.
As markets navigate ongoing uncertainties, firms like Mraz Amerine offer a grounded perspective. Their portfolio, heavy on proven performers, reminds investors that steady compounding often outpaces chasing trends. The next filing will clarify if these positions hold firm or pivot to new terrain.