Mraz, Amerine & Associates, Inc.

**Mraz, Amerine & Associates, Inc.** manages $673M across a diversified portfolio of 192 positions. The fund exhibits significant conviction in value and defensive sectors, highlighted by a substantial $81.1M allocation to BRK/B. Key holdings also include $55.5M in FFH and $47.0M in OILU, suggesting a focus on established, resilient market leaders. This concentrated exposure to blue-chip names anchors the strategy within a fundamentally sound, multi-sector framework.

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